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B. Source of Funds <br /> STP (Federal) $ 1,057,898 <br /> CPSPTA (State) $ 500,000 <br /> Fund 154—CIP Fund $ 527,326 <br /> Fund 157 -Traffic Mitigation $ 318,121 <br /> Fund 158 - Boeing Mitigation $ 328,370 <br /> Fund 119 - Street Improvements $ 31,985 <br /> Total Estimated Funds $ 2,763,700 <br /> C. This appropriation shall not lapse, but shall be carried forward from year to year until fully <br /> expended or the purpose has been accomplished or abandoned without the necessity of <br /> reappropriation. <br /> Section 5: <br /> The City Treasurer of the City of Everett is hereby authorized to negotiate a reasonable rate of interest <br /> and obtain temporary financing to satisfy interim construction costs. Temporary financing shall be <br /> 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 enacted <br /> without the provision so held unconstitutional or '-valid and the remainder of this ordinance shall not <br /> be affected as a result of said part being unconl tional or invalid. <br /> e Aid <br /> EDWA' r117 HA , MAYOR <br /> ATTE : <br /> ' 1 L. I- <br /> T <br /> CLERK <br /> Passed: 12-27-00 <br /> Valid: 12-29-00 <br /> Published: 1-03-01 <br /> Effective: 1-14-01 <br /> S:\GLarson\WORD\Ordinance(W02698).doc <br />