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B. Source of Funds <br /> TIB (State) Grant $ 325,884.00 <br /> WSDOT (State) Agreement 210,535.00 <br /> Snohomish County 64,279.00 <br /> Alderwood Water & Wastewater Dist. 48,805.00 <br /> Fund 301 - Arterial Streets 50,000.00 <br /> Fund 157 - Traffic Mitigation 422,248.00 <br /> Total Estimated Funds $ 1,121,751.00 <br /> C. This appropriation shall not lapse, but shall be carried forward from year to year until <br /> fully expended or the purpose has been accomplished or abandoned without the <br /> 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 part being unconstitutional or invalid. <br /> .41 <br /> e/ <br /> NK E. ANDERSiN, Mayor <br /> ATTEST: <br /> CITY CLERK <br /> � J <br /> Passed: 7-10-02 <br /> Valid: 7-12-02 <br /> Published: 7-18-02 <br /> Effective: 7-28-02 <br /> gI/wo2850 <br />