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ORDINANCE NO. 2447-00 <br /> AN ORDINANCE closing the special construction fund entitled"1992 Block Grant Neighborhood <br /> Improvement Fund",Fund 366 as established by Ordinance No. 1897-92. <br /> WHEREAS,the"1992 Block Grant Neighborhood Improvement"fund, Fund 366 was established to <br /> provide for said purpose to make improvements in the Northeast Everett, Port Gardner,Riverside, and <br /> Lowell neighborhoods 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 revenues to be <br /> received: <br /> NOW,THEREFORE,THE EVERETT CITY COUNCIL DOES ORDAIN: <br /> Section 1: <br /> That the special construction fund,Fund No. 366, "1992 Block Grant Neighborhood Improvement Fund" be <br /> closed. <br /> Section 2: <br /> That the final expenses and revenues for"1992 Block Grant Neighborhood Improvement Fund", Fund 366, <br /> are as follows: <br /> EXPENSES <br /> Total Construction Costs $136,485 <br /> REVENUES <br /> Community Development Block Grant Funds $136,485 <br />