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• <br /> . r <br /> • <br /> Section 7 : The City Engineer of the City of Everett under the <br /> administration of the Mayor is hereby given the responsibility of <br /> providing for the improvements as defined herein. <br /> Section 8 : The City Treasurer of the City of Everett is hereby <br /> authorized to negotiate a reasonable rate of interest and issue <br /> interest bearing warrants to satisfy interim construction costs <br /> not to exceed $100, 000. These interest bearing warrants shall be <br /> redeemed by the Treasurer as soon as reimbursement or long term <br /> bond financing monies, as described elsewhere in this Ordinance, <br /> are received. <br /> Section 9 : <br /> A. The sum of $100, 000 is hereby appropriated to Fund No. 344 , <br /> "1980 Block Grant Neighborhood Improvements" , as follows : <br /> 1. Program 793 - 1980 Block Grant Port $ 16 , 667 <br /> Gardner Neighborhood Improvements <br /> 2. Program 794 - 1980 Block Grant North- 16 , 667 <br /> east Everett Neighborhood Improvements <br /> 3. Program 795 - 1980 Block Grant River- 16, 666 <br /> side Neighborhood Improvements <br /> 4 . Program 796 - Engineering and Design 50, 000 <br /> of 1981 Neighborhood Improvement <br /> Projects <br /> TOTAL $100, 000 <br /> B. The sources of funds for the appropriations to all four <br /> programs (Nos. 793 through 796) shall be: <br /> Fund 344 - Community Development Block $100 , 000 <br /> Grant Funds <br /> C. This appropriation shall not lapse but shall be carried <br /> forward from year to year until fully expended or the pur- <br /> pose has been accomplished or abandoned without the neces- <br /> sity of reappropriation as per R.C.W. 35. 33. 151. <br /> CITY OF EVERETT <br /> Mayor <br /> ATTEST: <br /> City C er <br /> PASSED: 47-6, - go <br /> VALID: c?- // - d C� <br /> PUBLISHED: Y"/ 3 -,,Pe) <br /> (3) <br />