Ordinance 1326-87 - Laserfiche WebLink

II • • Ordinance No. 4596 --a27 An ordinance creating a special construction fund entitled "Walnut Street Extension" fund 383, authorizing the design and construction of street improvements on Walnut Street from Pacific Avenue to Hewitt Avenue. WHEREAS, on May 23, 1984, Council adopted resolution No. 2431 identifying the "Walnut" alternative as the selected SR2 eastbound on-ramp alternative fort access from Hewitt Avenue to the SR2 "trestle" for eastbound traffic; and 1 1 WHEREAS, the 1967 Street Bond Construction Fund identified Maple Street for improvement and the City Council finds that the improvements proposedt herein for Walnut will directly improve traffic on Maple due to the proximity of the two streets; and I WHEREAS, the Washington State Department of Transportation is currently in 1 the process of "turning back" to the City certain Interstate 5 right-of-way to facilitate alignment of the Walnut Street Extension; 1 1 NOW THEREFORE, BE IT ORDAINED BY THE EVERETT CITY COUNCIL THAT: 1 t 1 Section 1: A special construction fund is hereby established as Fund 383, 1 Program 895 entitled "Walnut Street Extension," W.O. #1618, tol accomplish the proposed street improvements adopted by Resolution ] No. 2431. Section 2: The total estimated cost of the improvement is $310,000, which shall include all costs related to the design, construction, inspection and contract administration. Section 3: The sum of $146,000 is hereby appropriated to Fund 383 Program 8951 "Walnut Street Extension". The source of funds shall be Fund 304 "1967 Street Bond ' Construction Fund." The remaining $164,000, for traffic signals at Hewitt and Pacific, shall be paid directly from Fund 301 "Traffic , Engineering Improvements" under a separate Plans and Systems Ordinance.