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ORDINANCE NO . // o? -- 8'2 <br /> AN ORDINANCE closing the "Railroad Crossing Improvements <br /> and Construction" Fund No. 315, as established by Ordinance <br /> No. 447-77 and amended by Ordinance 475-77, on January 4, <br /> 1988. <br /> WHEREAS, the "Railroad Crossing Improvements and Construction" Fund <br /> No. 315 was established to provide for said purpose and, <br /> WHEREAS , the purpose of the fund has been accomplished and, <br /> WHEREAS, there are neither outstanding obligations of the fund to be <br /> paid nor uncollected revenues to be received : <br /> NOW, THEREFORE, THE CITY OF EVERETT DOES ORDAIN : <br /> Section 1 : That the "Railroad Crossing Improvements and <br /> Construction" Fund No. 315 be closed as of January 4, 1988. <br /> Section 2 : That the final expenses and revenues for the "Railroad <br /> Crossing Improvements and Construction" Fund No. 315 are as follows : <br /> Expenses : <br /> 1. Program 682 - California Street <br /> Railroad Crossing Signals $ 60, 748. 16 <br /> Transfer to Fund 301 (Gas Tax) 245. 18 <br /> TOTAL PROGRAM 682 60, 993 . 34 <br /> 2. Program 683 - Pacific Avenue Railroad <br /> Crossing Signals 85, 548. 07 <br /> 3. Program 684 - Bond Street Railroad <br /> Crossing Signals 50, 013 . 69 <br /> 4. Program 695 - River Road Railroad <br /> Crossing Signals 51, 835. 03 <br /> TOTAL EXPENSE $248, 390. 13 <br /> Revenues: <br /> 1. Program 682 - California Street Railroad <br /> Crossing Signals <br /> Federal Aid Safety- Railroad Crossing Funds $ 54, 590. 39 <br /> Transfers from Fund 301 ( Gas Tax ) 6, 384. 71 <br /> Interest 18. 24 <br /> TOTAL PROGRAM 682 60, 993. 34 <br /> 2. Program 683-Pacific Avenue Railroad <br /> Crossing Signals <br /> Federal Aid Safety-Railroad Crossing Funds 76, 051 . 75 <br /> Transfers from Fund 301 ( Gas Tax ) 9, 496. 32 <br /> TOTAL PROGRAM 683 85, 548. 07 <br /> 3. Program 684-Bond Street Railroad <br /> Crossing Signals <br /> Federal Aid Safety-Railroad Crossing Funds 44, 293. 63 <br /> Transfers from Fund 301 ( Gas Tax) 5, 720. 06 <br /> TOTAL PROGRAM 684 50, 013. 69 <br /> 4. Program 695-River Road Railroad <br /> Crossing Signals <br /> Federal Aid Safety-Railroad Crossing Funds 44, 648. 85 <br /> Transfers from Fund 301 ( Gas Tax) 7, 186. 18 <br /> TOTAL PROGRAM 695 51, 835. 03 <br /> TOTAL REVENUE $248, 390. 13 <br /> 858/1 <br />