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• <br /> B. Source of Funds <br /> CDBG Funds - Federal $ 102,156 <br /> Fund 157-Traffic Mitigation $ 107,526 <br /> Total Estimated Funds $ 209,683 <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 /> /1. <br /> / i <br /> -47/0/// ....0,11,1GprZ� <br /> E,DWA. * N, Mayor------ <br /> ATTEST: <br /> r <br /> Cif CL T.RK <br /> Passed. 11-1-00 <br /> Valid: 11-3-00 <br /> Published: 11-8-00 <br /> Effective: 11-18-00 <br /> S:\JLindsay\WORD\LARSON,G\Ordinance(wo2606-57&58).doc <br />