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A. <br /> ORDINANCE NO. <br /> AN ORDINANCE closing a special improvement project <br /> entitled"2015 Federal Overlay Project,"Fund 303, <br /> Program 102, as established by Ordinance No. 3425-15 <br /> WHEREAS,the special improvement project entitled"2015 Federal Overlay Project"Fund 303, <br /> Program 102, was established to provide identified improvements; and <br /> WHEREAS,the purpose of the fund has been accomplished; and <br /> WHEREAS,there are neither outstanding obligations of the fund to be paid nor uncollected <br /> revenues to be received; <br /> NOW, THEREFORE, THE CITY OF EVERETT DOES ORDAIN: <br /> Section 1: <br /> That the special improvement project entitled"2015 Federal Overlay Project"Fund 303, <br /> Program 102, as established by Ordinance No. 3425-15, be closed. <br /> Section 2: <br /> That the final expenses and revenues for the "2015 Federal Overlay Project"Fund 303,Program <br /> 102, are as follows: <br /> A. Expenses <br /> Design and Construction $ 5,255,951 <br /> Total Expenses $ 5,255,951 <br /> B. Source of Funds <br /> Federal Grant—STPUL—9999 (651) $ 999,383 <br /> Snohomish County—ILA 739,248 <br /> WSDOT—GCA 48,900 <br /> Fund 119—Street Improvements 3,468,420 <br /> 711 <br />