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x� <br /> a <br /> J,s w <br /> ORDINANCE NO. 2455-00 <br /> AN ORDINANCE amending and closing the "Smith <br /> Island Riverfront", Fund 389 as established by <br /> Ordinance Nos. 1366-87, 1451-88 and 1484-88. <br /> WHEREAS, the "Smith Island Riverfront", Fund 389 was established to provide for the <br /> said repairs and 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 <br /> uncollected revenues to be received; <br /> NOW,THEREFORE, THE CITY OF EVERETT DOES ORDAIN:, <br /> Section 1: <br /> That the"Smith Island Riverfront", Fund 389 be closed. <br /> Section 2: <br /> That the final expenses and revenues for the "Smith Island Riverfront", Fund 389 are as <br /> follows: <br /> A. Expenses <br /> Total Construction Costs $2,282,130 <br /> B. Revenues <br /> Fund 150—CIP I $1,623,000 <br /> IAC Grant 349,763 <br /> Fund 009—General Fund 150,000 <br /> Fund 101 —Parks & Recreation Fund 150,000 <br /> Interest Earnings 8,967 <br /> Miscellaneous 400 <br /> Total Funds $2,282,130 <br />