Laserfiche WebLink
941 <br /> Section 3 : The total estimated cost of the improvements herein <br /> authorized is $8, 000, 000 which will include all costs related to <br /> design, construction, contract administration, plan development and <br /> associated costs. <br /> Section 4 : The City Services Director of the City of Everett under <br /> the admninistration of the Mayor is hereby given the responsibility <br /> of providing for the improvements as defined herein. <br /> Section 5 : The Treasurer of the City of Everett is hereby <br /> authorized to obtain interim construction financing at a resonable <br /> rate of interest to satisfy construction costs not to exceed <br /> $8, 000, 000. The interim financing shall be redeemed by the <br /> Treasurer as soon as reimbursement or long term bond financing <br /> monies, as described elsewhere in this Ordinance, are received. <br /> Section 6 : <br /> A. The sum of $8, 000, 000 is hereby appropriated to Fund No. <br /> 318, "Everett Community Center" as follows : <br /> Program 949 : Cultural Plan $ 110 , 000 <br /> Program 971 : Professional <br /> fees of Community Center Site <br /> Advisory Committee <br /> $10, 000 <br /> Community Center <br /> Construction 7, 880, 000 7, 890, 000 <br /> Total $8, 000, 000 <br /> B . Source of Funding : <br /> Fund 150 - Community/Recreation Improvement Projects <br /> CIP Tax Revenue $ 8, 000, 000 <br /> C. This appropriation shall not lapse but shall be carried <br /> forward from year to year until fully expended or the <br /> purpose has been accomplished or abandoned without the <br /> necessity of reappropriation as per R . C. W. 35. 33. 151 . <br />