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• <br /> ORDINANCE NO. 2580-02 <br /> AN ORDINANCE closing a special improvement project entitled "1993 <br /> Traffic Signal Interconnect Project," Fund 303, Program 474, as <br /> established by Ordinance No. 1952-93. <br /> WHEREAS, the special improvement project entitled "1993 Traffic Signal Interconnect Project," Fund <br /> 303, Program 474, 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 "1993 Traffic Signal Interconnect Project," Fund 303, <br /> Program 474, be closed. <br /> Section 2: <br /> That the final expenses and revenues for the "1993 Traffic Signal Interconnect Project," Fund 303, <br /> Program 474, are as follows: <br /> A. Expenses <br /> Total Project Costs $ 110,620.99 <br /> Total Cost $ 110,620.99 <br /> B. Source of Funds <br /> TIB - State Grant $ 13,398.00 <br /> Fund 157 - Traffic Mitigation $ 62,897.99 <br /> Fund 301 - Arterial Streets $ 34,325.00 <br /> Total Source of Funds $ 110,620.99 <br />