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ORDINANCE NO. 2354-98 <br /> AN ORDINANCE closing the special construction fund entitled"19th Avenue SE and 110th Street <br /> Signal Reconstruction",Fund 355 as established by Ordinance No. 1996-94. <br /> WHEREAS,the"19th Avenue SE and 110th Street Signal Reconstruction",Fund 355 was <br /> established to provide for the said improvements and, <br /> WHEREAS, the purpose of the fund has been accomplished and, <br /> WHEREAS, there are neither outstanding obligations of the fund to be paid nor uncollected <br /> revenues to be received: <br /> NOW, THEREFORE,THE EVERETT CITY COUNCIL DOES ORDAIN: <br /> Section 1: <br /> That the special construction fund,Fund No. 355, 19th Avenue SE and 110th Street Signal <br /> Reconstruction",be closed. <br /> Section 2: <br /> That the final expenses and revenues for"19th Avenue SE and 110th Street Signal <br /> Reconstruction",Fund 355 , are as follows: <br /> EXPENSES <br /> Construction Costs $140,773 <br /> Residual Equity Transfer Out 22,366 <br /> Total $163,139 <br /> REVENUES <br /> DOT HES Fed Aid $56,174 <br /> Investment Interest 813 <br /> Transfer In from Fund 157 32,700 <br /> Transfer In from Fund 301 73,452 <br /> Total $163,139 <br />