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. w <br /> B. Source of Funds <br /> STP (Federal) Preservation Projects $ 228,108 <br /> Fund 119 - Street Improvements $ 409,883 <br /> Total Estimated Funds 637,9.1 <br /> C. 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 <br /> necessity of reappropriation. <br /> Section 5: <br /> The City Treasurer of the City of Everett is hereby authorized to negotiate a reasonable rate of <br /> interest and obtain temporary financing to satisfy interim construction costs. Temporary <br /> 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 court of <br /> competent jurisdiction, it shall be conclusively presumed that this ordinance would have been <br /> enacted without the provision so held unconstitutional or invalid and the remainder of this <br /> ordinance shall not be affected as a result of said part being unconstitutional or invalid. <br /> -/ <br /> d&WA.- <br /> EDWA• . HA SEN, MAYOR <br /> ATTEST: <br /> °)/// 1.44(21121/244 <br /> CITY CLERK <br /> Passed: 05/13/98 <br /> Valid: 05/22/98 <br /> Published: 06/04/98 <br /> Effective: 06/07/98 <br /> gl/wo2867 <br />