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Total Estimated Funds S 1,126,700 <br /> C. This 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 <br /> reappropriation. <br /> Section 5. The City Treasurer of the City of Everett is hereby authorized to negotiate a reasonable rate <br /> of interest and obtain temporary financing to satisfy interim construction costs. Temporary financing <br /> shall be redeemed as soon as reimbursement is received. <br /> Section 6. If any provision of this ordinance shall be declared unconstitutional or invalid by any court of <br /> competent jurisdiction, it shall be conclusively presumed that this ordinance would have been enacted <br /> without the provision so held unconstitutional or invalid and the remainder of this ordinance shall not <br /> be affected as a result of said part being unconstitutional or invalid. <br /> ATTEST: <br /> Vilifq---7/1( <br /> -Sharon Fuller, City Clerk <br /> PASSED: 9/25/2019 <br /> VALID: 9/27/2019 <br /> PUBLISHED: 10/1/2019 <br /> EFFECTIVE DATE: 10/12/2019 <br /> Page2of2 <br />