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. r <br /> 3 <br /> Total Estimated Costs ,42,038,7952,638.795 ...-•{Formatted:Font Bold,Underline <br /> B.Source of Funds <br /> Fund 354—CIP 3 $400;000 1,000,000 <br /> Community Development Block Grant $ 93,795 <br /> Washington State Department of Commerce $ 970,000 <br /> Washington State Recreation and Conservation Office $ 500,000 <br /> Snohomish County $ 75,000 <br /> Total Estimated Funds $2,038,7952,638,795, <br /> This appropriation shall not lapse,but shall be carried forward from year to year until <br /> fully expended or the purpose has been accomplished or abandoned without the necessity <br /> of reappropriation. <br /> Section 5: <br /> The City Treasurer of the City of Everett is hereby authorized to negotiate a reasonable <br /> rate of interest and obtain temporary financing to satisfy interim construction costs. <br /> Temporary financing shall be redeemed as soon as reimbursement is received. <br /> Section 6:Severability <br /> If any provision of this ordinance shall be declared unconstitutional or invalid by any <br /> court of competent jurisdiction,it shall be conclusively presumed that this ordinance <br /> would have been enacted without the provision so held unconstitutional or invalid and the <br /> remainder of this ordinance shall not be affected as a result of said part being <br /> unconstitutional or invalid. <br /> Section 7:Repealer <br /> Ordinance No.3349-13 is hereby repealed. <br /> Ray Stephanson,Mayor <br /> A 1'1'hST: <br /> City Clerk <br /> Passed: <br /> Valid: <br /> 16 <br />