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B. Source of Funds <br /> TEA-21 (Federal) High Priority $ 9,626,016 <br /> Freight Mobility (State) $ 3,000,000 <br /> BNSF $ 800,000 <br /> PWTF Loan $ 1,000,000 <br /> Fund 024 - Engineering $ 220,770 <br /> Fund 301 —Arterial Streets $ 148,200 <br /> Fund 303 —PW CIP III $ 320,000 <br /> Fund 303 —PW CIP IV $ 1,380,000 <br /> Total Estimated Funds $ 16,494,986 <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 <br /> interest and obtain temporary financing to satisfy interim construction costs. Temporary financing <br /> 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 presu ed that this ordinance would have been enacted <br /> without the provision so held unconstitution/4; <br /> l or ' alid and the remainder of this ordinance shall not <br /> be affected as a result of said part being uncon- ••tional or invalid. <br /> liP <br /> "11// .I% ./11/_i .,e_'/ <br /> `%ARD D. H:i SEN, MAYOR <br /> ATTEST: <br /> 4fiii i... it d, .. <br /> CITY CLERK <br /> Passed: 1/09/02 <br /> Valid: 1/14/02 <br /> Published: 1/18/02 <br /> Effective: 1/30/02 <br /> gl/wo2595 <br />