Laserfiche WebLink
B. Source of Funds <br /> NCPD-2776(007) - Federal Grant $1,000,000.00 <br /> HP-2776(007)–Federal Grant 2,720,400.00 <br /> Fund 301 –Arterial Streets 156,069.00 <br /> Fund 157–Traffic Mitigation 977,778.00 <br /> Total Estimated Funds $ 4,854,247 <br /> C. This appropriation shall not lapse, but shall be carried forward from year <br /> to 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 the <br /> remainder of this ordinance shall not be affected as a result of said part being <br /> unconstitutional or invalid. <br /> Ray 'chanson,; ayor <br /> ATTEST: <br /> CITY CLERK /97/41A-124— <br /> Passed: 8/06/08 <br /> Valid: 8/07/08 <br /> Published: 8/13/08 <br /> Effective: 8/22/08 <br /> gI/wo3174 <br />