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B. Source of Funds <br /> Fund 354—CIP 3 100,000 <br /> Total Estimated Funds $100,000 <br /> This appropriation shall not lapse,but shall be tarried forward from year to year until <br /> Fully expended or the purpose has been accomplished or abandoned without the necessity <br /> of reappropriation. <br /> Section 5: <br /> The City Treasurer of the City of Everett is hereby authorized to negotiate a reasonable <br /> rate of interest and obtain temporary financing to satisfy interim construction costs. <br /> Temporary financing shall be redeemed as soon as reimbursement is received. <br /> Section 6: Severability <br /> If any provision of this ordinance shall be declared unconstitutional or invalid by any court <br /> of competent jurisdiction, it shall be conclusively presumed that this ordinance would have <br /> been enacted without the provision so held unconstitutional or invalid and the remainder of <br /> this ordinance shall not be affected as a result of said part being 't. ik '► tional or invalid. <br /> r. i or <br /> A T: <br /> City lerk <br /> Passed: 11/07/2018 <br /> Valid: 11/13/2018 <br /> Published: 11/17/2018 <br /> Effective Date: 11/28/2018 <br />