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1 WHEREAS, the City did not receive the entire sum of grant <br /> 2 money anticipated, but has obtained a $786, 000 grant from the <br /> 3 Transportation Improvement Board (formerly the UAB) and a <br /> 4 $157 ,473 grant from Federal Aid for Urban Systems (collectively, <br /> 5 the "Grants") ; and <br /> 6 WHEREAS, the Improvements have been completed at a total <br /> 7 cost of $2, 072 , 617 , toward which the City has contributed City <br /> 8 funds in an amount sufficient, together with the proceeds of the <br /> 9 Grants, to result in assessments on the final assessment roll in <br /> 10 the District totaling $820, 605; and <br /> 11 WHEREAS, the assessment roll levying the special assess- <br /> 12 ments in that amount against the property located in the <br /> 13 District has been filed with the City Clerk as provided by law; <br /> 14 and <br /> 15 WHEREAS, notice of the time and place of hearing thereon <br /> 16 and making objections and protests to the roll was published at <br /> 17 and for the time and in the manner provided by law fixing the <br /> 18 time and place of hearing thereon for the 28th day of September, <br /> 19 1988, at the hour of 8: 30 a.m. , local time, in the Council <br /> 20 Chambers in the City Hall, Everett, Washington, and further <br /> 21 notice thereof was mailed by the City Clerk to each property <br /> 22 owner shown on the roll; and <br /> 23 WHEREAS, at the time and place fixed and designated in the <br /> 24 notice the hearing was convened, conducted and duly continued to <br /> 25 reconvene on October 19, 1988, and after further proceedings on <br /> - 2 - <br />