Laserfiche WebLink
B. Source of Funds <br /> TIB (State) Grant $ 154,500 <br /> Local Improvement District $ 77,250 <br /> Fund 301 -Arterial Streets $ 10,000 <br /> Fund 157 - Traffic Mitigation $ 67,250 <br /> Total Estimated Funds $ 309,000 <br /> C. This appropriation shall not lapse, but shall be carried forward from year to <br /> year until fully expended or the purpose has been accomplished or <br /> abandoned without the necessity 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 <br /> the remainder of this ordinance shall not be affected as a result of said part being <br /> unconstitutional or invalid. <br /> rhizoevaiie/ 040/44 <br /> . : D. Ha, sen, Mayor <br /> Attest: <br /> ity Clerk <br /> Passed: 9-16-98 <br /> Valid: 9141/98 <br /> Published: 9(3i4/98 <br /> Effective: I6(7(98 <br /> gl/wo2850 <br />