Ordinance 1451-88 - Laserfiche WebLink

p. ORDINANCE NO. /4.6s/--ST/ AN ORDINANCE amending Ordinance No. /3t4-4 7 Section 3 and 4 to approved budget amount for Everett Riverfront Park Phase I Construction. WHEREAS, Ordinance No. 1366-87 included the funds to be received from the Interagency Committee for Outdoor Recreation and the City of Everett's grant match; and WHEREAS, the City Council approved a tax increase earmarking funds for Phase I construction of Riverfront Park; NOW, THEREFORE, BE IT ORDAINED BY THE EVERETT CITY COUNCIL THAT: Section 3 and 4 of Ordinance No. 1366-87 which read as follows: Section 3: The total estimated cost of the improvements authorized is $344,307 which shall include all costs related to design, construction, contract administration, plan development and associated costs. Section 4: A. The Sum of $344,307 is hereby appropriated to Fund 389, Program 918, "Smith Island Riverfront Park Phase I". B. Source of Funds: 1. 5150,000 general fund contribution, 1987 appropriation 2. 5160,013 IAC Grant 3. $34,294 general fund contribution, 1988 appropriation Fund 101, Program 857 BE AND THE SAME IS HEREBY AMMENDED AS FOLLOWS: Section 3: The total estimated cost of the improvements authorized is $1,410,013 which shall include all costs related to design, construction, contract administration, plan development and associated costs. Section 4: A. The sum of $1,410,013 is hereby appropriated to Fund 389, Program 918 "Smith Island Riverfront Park Phase I". B. Source of Funds: 1. 150,000 General Fund Contribution, 1987 appropriation 2. 160,013 IAC Grant 1987 3. 150,000 General Fund Contribution, 1988 appropriation 4. 150,000 IAC Grant 1988 5. 800,000 CIP Revenue CITY OF EVERETT111 ��'\ I' . MAYOR ATT lop CITY CLERK Passed: -...: `/- "Pi Valid: _ 1--- Ck Published: „.7,"7: .2 - g i7 88b/cp