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Ordinance 1362-87
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Ordinance 1362-87
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1/16/2018 10:53:04 AM
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Ordinances
Ordinance Number
1362-87
Date
7/1/1987
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• a 4 , <br /> 5. From Utilities Fun No . 401 , Program <br /> No . 885 from increased sewer rates <br /> $3,810,000 <br /> The above amounts represent the <br /> anticipated relative amounts of funds to <br /> be obtained from the various sources. <br /> The relative amounts for Items 1 through <br /> 5 may vary; but , the total amount from <br /> all sources is to remain at $11 ,775,000. <br /> D. This appropriation shall not lapse but <br /> shall be carried forward from year to <br /> year until fully expended or the purpose <br /> has been accomplished or abandoned <br /> 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 <br /> shall invest the proceeds from the increased sewer <br /> connection charges , developers ' fees, and the sale of <br /> Revenue Bonds consistent with arbitrage regulations <br /> until needed for construction. The interest earned <br /> shall be deposited in this fund and expended for these <br /> projects. <br /> C T OF EVERETT <br /> ifi1/41±-1.51.3.1.7.. . <br /> • Mayor PR TQM <br /> ATTEST: <br /> 4.2----444,0;,V5)114Z704,6 , <br /> City Clerk <br /> Passed : 7 --, ... g7 <br /> Valid : 7 _/ - Y7 <br /> Published : 7 - Y 7 <br /> 3 <br />
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