Laserfiche WebLink
B. Source of Funds <br /> WSDOT (State) Grant $ 461,000.00 <br /> Fund 119-Street Improvements 39,000.00 <br /> Total Estimated Funds $ 500,000.00 <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 the <br /> necessity of reappropriation. <br /> Section 5: <br /> The City Treasurer of the City of Everett is hereby authorized to negotiate a reasonable rate of <br /> interest and obtain temporary financing to satisfy interim construction costs. Temporary financing <br /> 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 of <br /> competent jurisdiction, it shall be conclusively presumed that this ordinance would have been <br /> 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 unconstitutional or invalid. <br /> RAYS PHA SON, Mayor <br /> ATTEST: <br /> CITY CLERK —� <br /> Passed: 11-22-06 <br /> Valid: 11-27-06 <br /> Published: 12-1-06 <br /> Effective: 12-12-06 <br /> gI/wo3289 <br />