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"Ilp <br /> 0118V", isiai <br /> ORDINANCE NO. 2574-02 <br /> AN ORDINANCE closing a special improvement project entitled <br /> "Northern Extension of Interurban Trail," Fund 303, Program 008, as <br /> established by Ordinance No. 2282-98. <br /> WHEREAS, the special improvement project entitled "Northern Extension of Interurban Trail," Fund <br /> 303, Program 008, was 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 "Northern Extension of Interurban Trail," Fund 303, <br /> Program 008, be closed. <br /> Section 2: <br /> That the final expenses and revenues for the "Northern Extension of Interurban Trail," Fund 303, <br /> Program 008, are as follows: <br /> A. Expenses <br /> Total Project Costs $ 1,051,094.48 <br /> Total Cost $ 1,051,094.48 <br /> B. Source of Funds <br /> STPE-2797 - Federal Grant $ 556,303.93 <br /> CM-2797 - Federal Grant 336,190.73 <br /> Fund 119 - Street Improvements 75,701.82 <br /> Fund 301 - Arterial Streets 82,898.00 <br /> Total Source of Funds $ 1,051,094.48 <br />