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Section 4: <br /> The sum of$300,000 is hereby appropriated to Fund 354, Program 046, "Wiggums <br /> Hollow Park Restroom Replacement" as follows: <br /> A. Estimated Project Costs <br /> Design and Construction $300,000 <br /> Total Estimated Costs $300,000 <br /> B. Source of Funds <br /> Fund 354-CIP 3 $300,000 <br /> Total Estimated Funds $300,000 <br /> This appropriation shall not lapse, but shall be carried forward from year to year until <br /> fully expended or the purpose has been accomplished or abandoned without the necessity <br /> of reappropriation. <br /> Section 5: <br /> The City Treasurer of the City of Everett is hereby authorized to negotiate a reasonable <br /> rate of interest and obtain temporary financing to satisfy interim construction costs. <br /> Temporary financing 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 <br /> 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 <br /> this ordinance shall not be affected as a result of said part being unci nstitutio k.1 or invalid. <br /> i _ cm41, <br /> Oir <br /> Ray Ste►S. son, Mayor <br /> ATTEST: <br /> 4-aA-07)ad&v <br /> City Clerk <br /> Passed: 12- 09-2015 <br /> Valid: 12-15 -2015 <br /> Published: 12-18-2015 <br /> Effective Date: 12-30-•2015 <br />