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B. Source of Funds <br /> TIB (State) Funds $ 1,777,050 <br /> Fund 158 - Boeing Mitigation $ 430,320 <br /> Total Estimated Funds $ 2,207,370 <br /> C. This appropriation shall not lapse, but shall be carried forward from year to year <br /> until fully expended or the purpose has been accomplished or abandoned without <br /> the 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 unconstitu 'oval or invalid and the remainder of this <br /> ordinance shall not be affected as a result of said,: being unconstitutional or invalid. <br /> // /6 <br /> EDijij <br /> EN, Mayor <br /> ATTEST: <br /> 041L.0 . <br /> ITY CL RK <br /> Passed: 3-3-99 <br /> Valid: 3-4-99 <br /> Published: 3-11-99 <br /> Effective: 3-20-99 <br /> gvwo2877 <br /> 2 <br />