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4 <br /> ORDINANCE NO. 2186-96 ;4-0 <br /> AN ORDINANCE creating a special assessment fund <br /> entitled "Evergreen Way Local Improvement District <br /> (LID) No. 732A, SR526 to Madison Street", Fund 701, <br /> Program 732, to accommodate all transactions for the <br /> special assessment project. <br /> WHEREAS, the City of Everett is committed to widening improvements to Evergreen <br /> Way from Madison Avenue to SR 526; and <br /> WHEREAS, the City of Everett formed Local Improvement District (LID) No. 732A <br /> and confirmed the final assessments to accomplish the improvements programmed with <br /> the project; and <br /> NOW, THEREFORE, THE CITY OF EVERETT DOES ORDAIN: <br /> Section 1: <br /> A special assessment fund is hereby established as Fund 701, Program 732, entitled <br /> "Evergreen Way Local Improvement District (LID) No. 732A, SR526 to Madison <br /> Street" to accommodate all transactions for the special assessment project. <br /> Section 2: <br /> Authorization is hereby given to accumulate revenues and costs, and distribute payments <br /> from Fund 701, Program 732, for all transactions of the special assessment project. <br /> Section 3: <br /> Authorization is hereby granted for the "Engineering/Public Services Director", under <br /> direction of the Mayor, to assume full and complete responsibility for conducting all <br /> tasks and doing all things to accomplish the actions authorized in this ordinance. <br /> Section 4: <br /> The sum of$ 316,630.00 is hereby appropriated to Fund 701, Program 732, "Evergreen <br /> Way Local Improvement District (LID) No. 732A, SR526 to Madison Street" as <br /> follows: <br /> A. Estimated Project Costs <br /> Total Improvement Cost $ 316,630 <br />