Laserfiche WebLink
B. Sources of Funds <br /> TIB—State Grant $ 500,000.00 <br /> Fund 119—Street Improvements 387,600.00 <br /> Fund 157—Traffic Mitigation 675,000.00 <br /> Fund 301 —Arterial Streets 120,000.00 <br /> Total Estimated Funds $ 1,682,600.00 <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 /> Section 7: Repealer. <br /> Ordinance No. 2478-00 is hereby repealed. <br /> RAY ST NSON, ' ayor <br /> ATTEST: <br /> CITY LERK <br /> Passed: 8/25/10 <br /> Valid: 8/30/10 <br /> Published: 9/02/10 <br /> Effective: 9/14/10 <br />