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ORDINANCE NO. l3 LI- <br /> AN <br /> I-AN ORDINANCE creating a special construction <br /> fund entitled "Howarth Park Trestle and <br /> Seawall Repair" Fund 388, Authorizing the <br /> design and reconstruction of the Howarth <br /> Park Pedestrian Trestle and Seawall. <br /> WHEREAS, there exists a critical need to repair and replace the Howarth <br /> Park Trestle and Seawall; and <br /> WHEREAS, during the 1987 budget process the City Council authorized the <br /> completion of this project; <br /> NOW, THEREFORE, BE IT ORDAINED BY THE EVERETT CITY COUNCIL THAT: <br /> Section 1: A special construction fund is hereby established as Fund 388, <br /> entitled "Howarth Park Trestle and Seawall Repair" to accomplish <br /> the actions authorized in subsequent sections of this ordinance. <br /> Section 2: Authorization is hereby granted to the Director of Parks and <br /> Recreation under the administration of the Mayor to design and <br /> construct the Howarth Park Trestle and Seawall Repair to include <br /> replacing the pedestrian overpass, rebuilding the tower support <br /> structure, repairing the existing seawall and miscellaneous <br /> parking and stairway improvements as determined by the Director <br /> of Parks and Recreation. <br /> Section 3: The total cost of the improvements authorized is $294,852 which <br /> shall include all costs related to design, construction, <br /> contract administration, plan development and associated costs. <br /> Section 4: A. The sum of $294,852 is hereby appropriated to Fund 388, <br /> Program 917 "Howarth Park Trestle and Seawall Repair". <br /> B. Source of Funds - Fund 401 - Interfund Loan from Utilities <br /> Department to be repaid by General Fund at $50,000 per year <br /> including principal and interest. <br /> Section 5: The City Treasurer of the City of Everett is hereby authorized <br /> to establish an interfund loan not to exceed $294,852. <br /> Section 6: This appropriation shall not lapse but shall be carried forward <br /> year to year until fully expended or the purpose has been <br /> accomplished or abandoned without the necessity of <br /> reappropriation as per RCW 35.33.151. <br /> ITY 0 EVERETT1 <br /> AYOR <br /> ATTT: ` <br /> C CLERK <br /> Passed: `7 — _ F7 <br /> Valid: 7 - - k 7 <br /> Published: `7 — 9 —2 7 <br /> 62b/co <br />