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ORDINANCE NO. 2401-99 <br /> AN ORDINANCE amending Section 4 of Ordinance 2346-98 increasing the total <br /> estimated cost and appropriation for the special construction fund entitled "Parks <br /> CIP III Construction"Fund 354, authorizing the design and construction of <br /> various park improvements funded by the City of Everett Capital Improvement <br /> Program III. <br /> WHEREAS, Ordinance No. 2346-98 increased the total estimated cost and appropriation for the <br /> Special construction fund entitled"Parks CIP III Construction" Fund 354; and <br /> WHEREAS, the City of Everett Parks and Recreation Department has experienced increased <br /> costs on several of the projects due to unanticipated environmental hazards; and <br /> WHEREAS, the Everett City Council wishes to continue with the construction on these park <br /> improvements; and <br /> WHEREAS, Ordinance No. 2346-98 must be amended to appropriate additional funding; <br /> NOW, THEREFORE, THE CITY OF EVERETT DOES ORDAIN: <br /> Section 1: <br /> That Section 1 of Ordinance No 2346-98, which amended Section 1 of Ordinance No. 2299-98 <br /> and Section 4 of Ordinance No. 2211-97, reads as follows: <br /> The sum of$4,099,000 is hereby appropriated to Fund 354, "Parks CIP III Construction" as <br /> follows: <br /> A. Estimated Project Costs <br /> Preliminary Engineering, Design, <br /> and Construction $4,099,000 <br /> Total Estimated Cost $4,099,000 <br /> B. Source of Funds <br /> Intergovernmental Revenue $60,000 <br /> Fund 154 - Capital Improvement Program III $4,039,000 <br /> Total Estimated Funds $4,099,000 <br /> C. This appropriation shall not lapse, but shall be carried forward from year to year until <br /> fully expended or the purpose has been accomplished or abandoned without the <br /> necessity of reappropriation. <br />