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4 <br /> B. Source of Funds <br /> TEA-21 (Federal) Grant $ 740.000.00 <br /> Fund 154 — CIP III 197.085.00 <br /> Fund 303 — Program 021 (Sidewalks) 85.867.00 <br /> Fund 301 — Arterial Streets 150.000.00 <br /> Total Estimated Funds $ 1.172,952.00 <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 /> • <br /> The City Treasurer of the City of Everett is hereby authorized to negotiate a reasonable.rate of interest <br /> and obtain temporary financing to satisfy interim construction costs. Temporary financing shall be <br /> 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 enacted <br /> without the provision so held unconstitutional or invalid and the remainder of this ordinance shall not <br /> be affected as a result of said part being unconstitutional or invalid. <br /> FRANK E. ANDERSON. MAYOR <br /> ATTEST: <br /> CITY CLERK <br /> Passed: <br /> Valid: <br /> Published: <br /> Effective: <br /> e1 wo285: <br /> 22 <br />