In 2018, the citizens living on Carmelo Avenue agreed to a capital improvement special assessment to replace sidewalks on both sides of the avenue. The city will oversee the construction, issue special assessment debt to pay for it, and bill (assess) homeowners for their portion of the cost. The estimated cost of the project is $4.0 million. The city itself will be responsible for 25 percent of the cost ($1,000,000). Also, the city also has indicated it will be responsible for any defaults on the part of homeowners. Because the city uses a separate capital projects fund for the project, it does not integrate budgetary accounts. However it does use encumbrance accounting. REQUIRED: Provide journal entries for the citys funds and discussion as follows. Be sure to indicate in which fund the entry should be recorded. (a) The city puts the project out for bid and accepts the lowest competitive bid of $3.7 million. (b) The contractor does the work and bills the city for $3.9 million--$0.2 million over the contracted amount. The city council approves the overage. The city lends resources from its general fund to pay the bill, pending issuance of special assessment debt. (c) The city issues $4.0 million in 10-year special assessment debt. The city receives $3.9 million, an amount that is net of debt issue costs of $0.1 million. (d) The capital projects fund repays the citys general fund. (e) The city assesses taxpayers on Carmelo Avenue a total of $3.7 million in special assessments. The city has an enforceable legal claim against those taxpayers on the date of the assessment. (f) Several taxpayers pay their assessments immediately. During 2018, the city receives a total of $1.0 million in special assessment revenues.