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B. Source of Funds <br /> OR96-SP01(01) WSDOT $ 16,000 <br /> PFP 8-1-138(027)-1 TIB $ 56,420 <br /> PFP 8-1-138(029)-1 TIB $ 12,800 <br /> PFP 8-1-138(030)-1 TIB $ 70,700 <br /> Arterial Streets - Fund 301 $ 55,000 <br /> Traffic Mitigation - Fund 157 $ 18,680 <br /> Total Improvement Costs $ 275,52Q <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 improvement 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 uncon 'tutional or invalid and the remainder of this <br /> ordinance shall not be affected as a result of 1: part being unco stitutional or invalid. <br /> EN, MAY• <br /> ATTEST: <br /> /, (4 <br /> CITY CLERK <br /> Passed: 7/1/98 <br /> Valid: 7/13/98 <br /> Published: 7/23/98 <br /> Effective: 7/29/98 <br /> gl/wo2786/2801/2836/2851 <br />