| PARK  NAME		CDBG    	HCRS    	OTHER    	TOTAL
<br />       		RIVERDALE     	$41, 859      $102 , 666      $2 , 141* 	$146 , 666
<br />       		GARFIELD 		20, 000  	46 , 666 				66 , 666
<br />       		WIGGUMS  HOLLOW      8 , 000   	34 , 533	1, 800*     	49 , 333
<br />   												5 , 000**
<br />      		TOTAL:   		$69 , 859      $183 , 865      $8 , 941  	$262 , 665
<br />       		*    Authorized  contribution  from  Council  Contingency  Fund
<br />       		**  Donation  from  Everett  Housing  Authority
<br />       		Section  4 :
<br />      		The  Project  Coordinator  of  the  City  of  Everett,  or  his  designee,
<br />      		under  the  administration  of  the  Mayor,   is  hereby  given  responsibility
<br />      		of  providing  for  the  construction  of  the  improvements  as  described
<br />      		herein.
<br />      		Section  5:
<br />      		The  City  Treasurer  of  the  City  of  Everett  is  hereby  authorized  to
<br />      		negotiate  a  reasonable  rate  of  interest  and  issue  interest  bearing
<br />      		warrants  to  satisfy  interim  construction  costs  not  to  exceed
<br />       		$192 , 806.  Those  interest  bearing  warrants  shall  be  redeemed  by
<br />      		the  Treasurer  as  soon  as  CDBG  and  HCRS  reimbursements  are  received.
<br />      		Section  6 :
<br />      		The  sum  of  $183, 865  be  appropriated  for  the  purposes  herein
<br />      		specified  in  the  following  manner:
<br />      		a.  Fund  347  -  Neighborhood  Parks  Rehabilitation  -  Projects  and
<br />     			Source  of  Funding.
<br />     			1.     Program  703  -  Riverdale  Park
<br />     					HCRS  Funding									$102 , 666
<br />     					CDBG  Funding  -  Fund  329 ,  Program    $40 , 619
<br />     					732,   12/31/80  Balance
<br />     					CDBG  Funding  -  Fund  329 ,  Program
<br />     					732,  Architect  Fee  Pd  in  1980       	1 , 240
<br />     					Council  Contingency  Fund  No.   001     				2 , 141
<br />												TOTALS      $41, 859     	$104 , 807
<br />     			2.     Program  704  -  Garfield  Park
<br />     					HCRS  Funding									$  46 , 666
<br />     					CDBG  Funding  -  Fund  333 ,  Program
<br />     					739 ,   12/31/80  Balance   			$19 , 000
<br />     					CDBG  Funding  -  Fund  329 ,  Program
<br />     					731,   12/31/90  Balance       			1, 000
<br /> 												TOTALS      $20, 000     	$  46 , 666
<br />     			3.     Program  705  -  Wiggums  Hollow
<br />     					HCRS  Funding									$  34 , 533
<br />     					Everett  Housing  Authority  Donation 				5 , 000
<br />     					CDBG  Funding  -  Fund  333,  Program
<br />     					744 ,   12/31/80  Balance   			$  8 , 000
<br />     					Council  Contingency  Fund  No.   001     				1 , 800
<br />												TOTALS      $  8 , 000     	$  41, 333
<br />    										GRAND  TOTALS:     $69 , 859    	$192 , 806
<br /> |