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ORDINANCE NO. 2579-02 <br /> AN ORDINANCE closing a special improvement project entitled <br /> "Neighborhood Mitigation Projects," Fund 303, Program 003, as <br /> established by Ordinance No. 1991-94. <br /> WHEREAS, the special improvement project entitled "Neighborhood Mitigation Projects," Fund 303, <br /> Program 003, 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 "Neighborhood Mitigation Projects," Fund 303, Program <br /> 003, be closed. <br /> Section 2: <br /> That the final expenses and revenues for the "Neighborhood Mitigation Projects," Fund 303, Program <br /> 003, are as follows: <br /> A. Expenses <br /> Total Project Costs $ 281,586.04 <br /> Total Cost $ 281,586.04 <br /> B. Source of Funds <br /> CM9999(182) - Federal Grant $ 243,022.84 <br /> Fund 158 - Boeing Mitigation $ 38,563.20 <br /> Total Source of Funds $ 281,586.04 <br />