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2011/02/23 Council Agenda Packet
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2011/02/23 Council Agenda Packet
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Council Agenda Packet
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2/23/2011
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1 <br /> Future Revenue Bonds $ 74,000,000 <br /> Direct Contributions $ 26,354,100 <br /> City of Everett Utilities $ 50,935,900 <br /> Total Estimated Funds $199,290,000 <br /> Section 5: <br /> The City Treasurer of the City of Everett is herebyauthorized to obtain interim financing, which <br /> may be in any form permitted by law. Interim financing liabilities shall be paid by the Treasurer <br /> as soon as permanent financing monies, from sources as described in this ordinance, are received. <br /> Section 6: <br /> Severability. If any provision of this ordinance be declared unconstitutional or invalid by any <br /> court 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 this <br /> ordinance shall not be affected as a result of said part being held unconstitutional or invalid. <br /> Section 7: <br /> 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 /> Ray Stephanson, Mayor <br /> Attest: <br /> City Clerk <br /> Passed: <br /> Valid: <br /> Published: <br /> Effective: <br /> 4 <br />
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