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D. This appropriation shall not lapse, but shall be carried forward <br /> from year to year until fully expended or the purpose has been accomplished <br /> or abandoned without the necessity of reappropriation as per R.C.W. 35.33.151. <br /> Section 6: The City Treasurer of the City of Everett is hereby <br /> authorized to negotiate a reasonable rate of interest and obtain temporary <br /> financing to satisfy interim construction costs. Temporary financing shall <br /> be redeemed as soon as reimbursement is received. <br /> Section 7: Severability. If any provision of this ordinance shall be <br /> declared unconstitutional or invalid by any court of competent jurisdiction, <br /> it shall be conclusively presumed that this ordinance would have been enacted <br /> without the provision so held unconstitutional or invalid and the remainder <br /> of this ordinance shall not be affected as a result of said part being <br /> unconstitutional or invalid. <br /> BE AND THE SAME IS HEREBY AMENDED TO READ AS FOLLOWS: <br /> Section 1: A special construction fund is hereby established as Fund <br /> 391, entitled "Hewitt, Oakes, and Lombard Bridge Replacement" to accumulate <br /> the design and construction costs required to design and construct the <br /> Hewitt, Oakes, and Lombard Bridge Replacements including bridge approaches, <br /> street lighting, utilities, and other necessary improvements. <br /> Section 2: Authorization is hereby given to transfer the preliminary <br /> engineering funds from the existing "Traffic Engineering Improvements", Fund <br /> 368, Programs 291, 297, and 298 to the new Fund 391, Programs 924, 925, and <br /> 926, "Hewitt, Oakes, and Lombard Bridges Replacement". <br /> Section 3: Authorization is hereby given to accumulate costs and <br /> distribute payments from Fund 391 for design and construction of the Hewitt, <br /> Oakes, and Lombard Bridge Replacements including bridge approaches, street <br /> lighting, utilities, and other necessary improvements. <br /> Section 4: Authorization is hereby granted for the "Public Works <br /> Director", under the direction of the Mayor, to assume full and complete <br /> responsibility for conducting all tasks and doing all things to accomplish <br /> the actions authorized in this ordinance. The Mayor is authorized to execute <br /> updated City/County Agreements, as necessary, for each bridge with WSDOT to <br /> accomplish Federal Project Funding. <br /> -6- <br />