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7 <br /> Ay...A <br /> ,;ai <br /> ORDINANCE NO. 2573-02 <br /> AN ORDINANCE closing a special improvement project entitled <br /> "Evergreen Way Widening," Fund 370, as established by Ordinance No. <br /> 1952-93. <br /> WHEREAS, the special improvement project entitled "Evergreen Way Widening," Fund 370, 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 revenues <br /> to be received; <br /> NOW, THEREFORE, THE CITY OF EVERETT DOES ORDAIN: <br /> Section 1: <br /> That the special improvement project entitled "Evergreen Way Widening," Fund 370, be closed. <br /> Section 2: <br /> That the final expenses and revenues for the "Evergreen Way Widening," Fund 370, are as follows: <br /> A. Expenses <br /> Total Project Costs $ 1,697,087.25 <br /> Total Cost $ 1,697,087.25 <br /> B. Source of Funds <br /> STPUL-2791 - Federal Grant $ 450,388.00 <br /> TIB - State Grant 425,981.79 <br /> LID732 - Special Assessments 283,540.20 <br /> Fund 157 - Traffic Mitigation 115,386.22 <br /> Fund 158 - Boeing Mitigation 420,964.04 <br /> Investment Interest 827.00 <br /> Total Source of Funds $ 1,697,087.25 <br />