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STPE - Federal Grant $ 752,548 <br /> Fund 119 - Street Improvements $ 559,450 <br /> Fund 154 - CIP 3 $ 97,803 <br /> Fund 157 - Traffic Mitigation $ 23,000 <br /> Fund 301 -Arterial Streets $ 60,000 <br /> Total Estimated Funds $ 1,492,801 <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 part being unconstitutional or invalid. <br /> 1 ' <br /> 4�� `p <br /> RA IF PHAN IN, MAYOR <br /> ATTEST: <br /> 4,4 0/Li2dX-e-1 <br /> CI Y CLERK <br /> Passed: 3-19-2 014 <br /> Valid: 3-19-2014 <br /> Published: 3-2 6-2 014 <br /> Effective: 4-3-2 014 <br />