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Section 4: <br /> The sum of $110,000 is hereby appropriated to Fund 303, Program 533, "Hewitt Avenue/Burlington <br /> Northern Railroad Crossing" as follows: <br /> A. Estimated Project Costs <br /> Design $10,000 <br /> Construction 100.000 <br /> Total Estimated Cost $110,000 <br /> B. Source of Funds <br /> Fund 301 ('/2 cent gas tax) $1,450 <br /> Utilities & Transportation Commission 1,000 <br /> Washington Dept of Transportation 107,550 <br /> Total Estimated Funds $110,000 <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 /> 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 /> P KI _z7 ' YOR <br /> ATTEST: <br /> ...),___, <br /> • ITY CLERK ` <br /> Passed: 05/05/93 <br /> Valid: 05/10/93 <br /> Published: 05/19/93 <br /> GL:cg/ord-1 <br />