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.. <br /> B. Source of Funds <br /> TEA-21 (Federal) Projects $ 1,238,344 <br /> Fund 119 - Street Improvements $ 150,000 <br /> Fund 301 - Arterial Streets $ 147,206 <br /> Total Estimated Funds $ 1,535,550 <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 unconstitutional or invalid and the remainder of this <br /> ordinance shall not be affected as a result of said ;-' being unconstitutional or invalid. <br /> �� Ai <br /> .d <br /> EDWA' t . HANS, N, Mayor <br /> ATTEST: <br /> .: . IV GZ4�CL.J <br /> --r CL RK <br /> Passed: 3-3-99 <br /> Valid: 3-4-99 <br /> Published: 3-11-99 <br /> Effective: 3-20-99 <br /> gI/wo2901 <br /> 2 <br />