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#1111111A1111!..11-'11-11400p-r----ORDINANCE NO. <br /> AN ORDINANCE creating a special improvement project entitled, <br /> "2019 Federal Overlay Project,"Fund 303,Program 114,to <br /> accumulate all costs for the improvement. <br /> WHEREAS,the City of Everett is committed to a planned street preservation program; and <br /> WHEREAS,the City of Everett has identified the need and obtained funds to construct certain <br /> preservation improvements to federal arterial street segments; and <br /> NOW, THEREFORE, THE CITY OF EVERETT DOES ORDAIN: <br /> Section 1: <br /> A special improvement project is hereby established as Fund 303,Program 114, entitled"2019 <br /> Federal Overlay Project,"to accumulate all costs for the improvement. <br /> Section 2: <br /> Authorization is hereby given to accumulate costs and distribute payments from Fund 303, <br /> Program 114, for the improvement project. <br /> Section 3: <br /> Authorization is hereby granted for the"Public Works Director" or"City Engineer,"under <br /> direction of the Mayor,to assume full and complete responsibility for conducting all tasks and <br /> doing all things to accomplish the actions authorized in this ordinance. <br /> Section 4: <br /> The sum of$2,424,000 is hereby appropriated to Fund 303,Program 114, "2019 Federal. <br /> Overlay Project," as follows: <br /> A. Estimated Project Costs <br /> Design and Construction $ 2,424,000 <br /> Total Estimated Cost $ 2,424,000 <br /> B. Source of Funds <br /> STP - Federal Funds $ 624,000 <br /> Fund 119—Street Improvements 1,800,000 <br /> Total Estimated Funds $2,424,000 <br /> 2 <br />