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i <br /> Section 4: Section 4 of Ordinance No. 2470-00 which reads as follows: <br /> The sum of $2,650,000 is hereby appropriated to Fund 342, Program 003 "Fire Station <br /> No. 5 Construction". <br /> A. Use of Funds <br /> Design $ 322,000 <br /> Construction 2,177,000 <br /> Project Costs 151,000 <br /> Total $2,650,000 <br /> B. Source of Funds <br /> CI 4 $2,650,000 <br /> C. The 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 re-appropriation. <br /> Be and the same is hereby amended to read as follows: <br /> The sum of $3,300,000 is hereby appropriated to Fund 342, Program 003 "Fire Station <br /> No.5 Construction" <br /> A. Use of Funds <br /> Design $ 372,000 <br /> Construction 2,700,000 <br /> Project Costs 228,000 <br /> Total $3,330,000 <br /> B. Source of funds <br /> CI 4 $3,330,000 <br /> C. The 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 re-appropriation. <br /> Section 5: The City Treasurer of the City of Everett is hereby authorized to negotiate a <br /> reasonable rate of interest and obtain temporary financing to satisfy interim construction <br /> costs. Temporary financing shall be redeemed as soon as reimbursement is received. <br />