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• <br /> A. Estimated Project Costs: <br /> 1. Road Construction, Program 460 (W.O. #2362) $1,361,525 <br /> Total Construction Cost $1,361,525 <br /> B. Source of Funds: <br /> 1. Road Construction, Program 460 (W.0.#2362) <br /> a. WSDOT (FAUS) $1,086,770 <br /> b. 1/2 Gas Tax $ 274,755 <br /> Total Construction Funds $1,361,525 <br /> Section 5: <br /> The City Treasurer of the City of Everett is hereby authorized to obtain <br /> interim financing which may be in any form permitted by law. Interim <br /> financing liabilities shall be paid by the Treasurer as soon as permanent <br /> financing monies, from sources as described elsewhere in this ordinance, are <br /> received. <br /> Section 6: Severability. <br /> If any provision of this ordinance be declared unconstitutional or invalid <br /> by any court of competent jurisdiction, it shall be conclusively presumed <br /> that this ordinance would have been enacted without the provision so held <br /> unconstitutional or invalid and the remainder of this ordinance shall not be <br /> 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 <br /> year until fully expended or the purpose has been accomplished or abandoned <br /> without the necessity of reappropriation. <br /> ValleLatigairdeK <br /> PETE KIN - , Ma •r <br /> ATTEST: <br /> JZIPPX--) Yi/dA 14 <br /> CITY CLERK r , <br /> Passed: 3/419/ <br /> Valid: 3/7/9 / <br /> Published: 3/139/ <br /> Effective: 3/ 3/q <br /> 3 <br /> (1478) <br />