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Section 4: <br /> A. The sum of $600,000 is hereby appropriated to Fire and Paint Con- <br /> struction Fund No. 305 as follows: <br /> 1. Program 627 - Property Acquisition <br /> Principal Payments $600,000 <br /> B. The source of funds for the appropriation to Program 627 shall be: <br /> 1. Cash on hand and future interest <br /> revenue from Fund No. 305 $350,000 <br /> 2. Contribution from Cumulative Reserve <br /> for Land Acquisition Fund No. 145 50,000 <br /> 3. Property Tax Revenues and/or Development Fees 200,000 <br /> The above amounts represent the anticipated amounts of funds to be <br /> obtained from the various sources. Their relative amounts may vary <br /> but the total amounts from all sources is to remain at $600,000. <br /> C. This appropriation shall not lapse but shall be carried forward <br /> from year to year until fully expended or the purpose has been accom- <br /> plished or abandoned without the necessity of reappropriation as per <br /> R.C.W. 35.33.151. <br /> CITY OF EVERETT <br /> Mayor <br /> ATTEST: <br /> . o Z4-tom.(.4 i . !/S- t <br /> City Clerk <br /> Passed: I c 5• U <br /> Valid: <br /> Published: 7 �_.,� - t•1 <br />