The city of Lafayette may participate in the payment of the total cost of any project authorized hereunder in such a manner and to such extent that the governing authority of the city may determine, provided that any funds so used by the city shall be in such amounts as it may have available for such purpose and from sources other than the imposition of special assessments. Such participation by the city may be allocated to any one or more projects as the governing authority may determine, and the amount of the city's participation shall be deducted from the total cost of the improvements for the purpose of levying local or special assessments hereunder.
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