Laserfiche WebLink
A. Use of Funds <br /> Design $ 32,000 <br /> Construction 863,000 <br /> Project Costs 20,000 <br /> Total $ 915,000 <br /> B. Source of Funds <br /> CIP 1 $915,000 <br /> C. The appropriation shall not lapse, but shall be carried forward from year to year until fully <br /> expended or the purpose has been accomplished or abandoned without the necessity of re- <br /> appropriation. <br /> Section 2: The City Treasurer of the City of Everett is hereby authorized to negotiate a reasonable rate of <br /> interest and obtain temporary financing to satisfy interim construction costs. Temporary financing shall <br /> be redeemed as soon as reimbursement is received. <br /> Section 3: Severability. If any provision of this ordinance shall be declared unconstitutional or invalid by <br /> any court of competent jurisdiction, it shall be conclusively presumed that this ordinance would have been <br /> enacted without the provision so held unconstitutional or invalid and the remainder of this ordinance <br /> shall not be affected as a result of said part being unconstitutional or invalid. <br /> CITY OF EVERETT <br /> Cassie Franklin, Mayor <br /> Attest: <br /> .a4 ►1 448/DP- <br /> Sharon Fuller, City Clerk <br /> Passed: 8/21/2019 <br /> Valid: 8/26/2019 <br /> Published: 8/29/2019 <br /> Effective : 9/10/2019 <br /> ORDINANCE Page 2 of 2 <br />