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2004/04/07 Council Agenda Packet
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2004/04/07 Council Agenda Packet
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Council Agenda Packet
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4/7/2004
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16 <br /> B. Source of Funds <br /> TIB (State) Grant $5,773,000.00 <br /> Fund 158 —Boeing Mitigation 1,193.298.00 <br /> WSDOT (State) Agreements 720,000.00 <br /> Fund 157—Traffic Mitigation 808,262.00 <br /> Fund 301 -Arterial Streets 126,000.00 <br /> Fund 425 —Everett Transit 6,246.00 <br /> Silver Lake Water District 31,000.00 <br /> Fund 396—Interest Earnings 60.000.00 <br /> Total Estimated Funds $8,717,806.00 <br /> C. This appropriation shall not lapse, but shall be carried forward from year to year <br /> until fully expended or the purpose has been accomplished or abandoned without <br /> the 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 /> RAY STEPHANSON, Mayor <br /> ATTEST: <br /> CITY CLERK <br /> Passed: <br /> Valid: <br /> Published: <br /> Effective: <br /> ,Uivo2547 1 i j 0 <br />
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