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B. Source of Funds <br /> OR96-SP01(01) WSDOT $ 16,000 <br /> PFP 8-1-138(027)-1 TIB $ 80,600 <br /> PFP 2728 TIB $ 70,700 <br /> Fund 301 - Arterial Streets $ 46,300 <br /> Total Estimated Funds $ 213,600 <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 <br /> of 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 <br /> of competent jurisdiction, it shall be conclusively presumed that this ordinance would have <br /> been enacted without the provision so held unconstitutional or invalid and the remainder of <br /> this ordinance shall not be affected as a result of said part being unconstitutional or invalid. <br /> // <br /> mi"e <br /> . 13 Jl <br /> D. HA S N, MAYOR <br /> ATTEST: <br /> /LD7 <br /> (h1-1641j <br /> CITY CLERK /Gip-, <br /> Passed: 6/4/97 <br /> Valid: 6/13/97 <br /> Published: 6/25/97 <br /> Effective: 6/29/97 <br /> g1/wo2786/2801/2836 <br />