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ORDINANCE NO. 2RR2-05 <br />AN ORDINANCE closing a special improvement project entitled <br />"Evergreen Way, 112th Street SW to Airport Road," Fund 303, <br />Program 036,as established by Ordinance 2617-02. <br />WHEREAS, the special improvement project entitled "Evergreen Way, 112th Street SW <br />to Airport Road", Fund 303, Program 036 was established to provide for the said <br />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 <br />uncollected revenues to be received; <br />NOW, THEREFORE, THE CITY OF EVERETT DOES ORDAIN: <br />Section 1: <br />That the special improvement project entitled "Evergreen Way, 112th Street SW to <br />Airport Road", Fund 303, Program 036, be closed. <br />Section 2: <br />That the final expenses and revenues for the "Evergreen Way, 112th Street SW to Airport <br />Road", Fund 303, Program 036, are as follows: <br />A. Expenses <br />Total Project Costs $1,278,864.00 <br />Total Costs <br />B. Source of Funds <br />WSDOT — <br />GCA 2281 <br />$249,954.00 <br />WSDOT — <br />GCA 3093 <br />30,000.00 <br />TIB Grant <br />— 9P-138 (008)-1 <br />352,029.00 <br />TIB Grant <br />-9P-138 (010)-1 <br />22,738.00 <br />Snohomish County <br />64,279.00 <br />Alderwood Water District <br />29,708.00 <br />Fund 119 — <br />Street Improvements <br />20,480.00 <br />Fund 154 — <br />CIP 3 <br />14,645.00 <br />Fund 157 — <br />Traffic Mitigation <br />422,248.00 <br />Fund 301 — <br />Arterial Streets <br />72,783.00 <br />Total Source of Funds <br />$1,278,864.00 <br />$1,278,864.00 <br />