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Section 6 A. The sum of $1 , 850, 000 is hereby appropriated to <br /> Fund No. 338 : "Sewer Improvements Fund" as follows : <br /> ( 1) Program 851 "Riverside Area <br /> Outfall Interception Facilities" <br /> Program No. 851 $ 350, 000 <br /> ( 2) Program 852 "Sewage Treatment <br /> Plant Interim Improvements" <br /> Program No. 852 1, 500, 000 <br /> Total Appropriation $1, 850, 000 <br /> B . The source of funds for the appropriation shall be : <br /> Fund 338 : Operating Assessments and <br /> Connection Fees $1, 850, 000 <br /> C. This appropriation shall not lapse but shall be <br /> carried forward from year to year until fully <br /> expended or the ptirpose has been accomplished or <br /> abandoned without the necessity of reappropriation <br /> as per R . C. W. 35. 33. 151 . <br /> Section 7 : The City Treasurer of the City of Everett shall invest <br /> the proceeds from increased sewer connection charges , <br /> developers ' fees , and the sale of Revenue Bonds <br /> consistent with arbitrage regulations until needed for <br /> construction . The interest earned shall be deposited <br /> in this fund and expended for these projects. <br /> CITY OF EVERETT <br /> \------,4 _ <br /> ,______ ,-,7 -7 ,z_46W--- 7 <br /> William E Moore , Mayor <br /> ATTEST: <br /> ?7----e--a--r--- 9)0-t'7c <br /> City Clerk <br /> Passed : - a ---F7 <br /> Valid : / —t — c-q` eF7 <br /> Published: / ' — '36 - 6R5 1 <br /> 847/2 <br /> 4 <br />