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Ordinance 2507-01
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Ordinance 2507-01
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4/2/2014 3:53:09 PM
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Ordinances
Ordinance Number
2507-01
Date
1/24/2001
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B. Source of Funds <br /> Port of Everett $ 2,675,000 <br /> STP (Federal) $ 1,666,500 <br /> FMSIB (State) $ 317,000 <br /> TIB (State) $ 4,683,500 <br /> Fund 157 - Traffic Mitigation $ 50,000 <br /> Total Estimated Funds $ 9 392L000 <br /> C. This appropriation shall not lapse, but shall be carried forward from year to <br /> year until fully expended or the purpose has been accomplished or <br /> abandoned without the necessity of reappropriation. <br /> Section 5: <br /> The City Treasurer of the City of Everett is hereby authorized to negotiate a reasonable <br /> rate of interest and obtain temporary financing to satisfy interim construction costs. <br /> Temporary 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 <br /> court of competent jurisdiction, it shall be conclusively presumed that this ordinance <br /> would have been enacted without the provision so held unconstitutional or invalid and <br /> the remainder of this ordinance shall not •e affected as a result of said part being <br /> unconstitutional or invalid. <br /> %t Ji <br /> EDW A ' i D. H A SEN, Mayor <br /> ATTEST: <br /> /ii /7CI (ii.-KL/) <br /> Passed: 1/24/01 <br /> Valid: 1/31/01 <br /> Published: 2/7/01 <br /> Effective: 2/15/01 <br /> gl/wo2923 <br />
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