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interest on the Bonds. The City Council further authorizes and directs all proper officers, agents, <br /> attorneys and employees of the City to cooperate with the Insurer in preparing and executing <br /> such additional agreements, certificates, and other documentation on behalf of the City as shall <br /> be necessary or advisable in providing for the Bond Insurance Policy. <br /> Section 19. Severability. In the event that any one or more of the provisions of this <br /> ordinance shall for any reason be held to be invalid, such invalidity shall not affect or invalidate <br /> any other provision of this ordinance or the Bonds, but this ordinance and the Bonds shall be <br /> construed and enforced as if such invalid provision had not been contained herein; provided, <br /> however, that any provision which shall for any reason be held by reason of its extent to be <br /> invalid shall be deemed to be in effect to the extent permitted by law. <br /> Section 20. Effective Date. This Ordinance shall be effective fifteen (15) days after it <br /> becomes valid pursuant to Section 3.4 of the City Charter. <br /> PASSED by the City Council of the City of Everett, Washington at a regular meeting <br /> held July 22, 1998. <br /> CIT4F EVERETT, WASHINGTON <br /> BillriAi j <br /> yor <br /> dialATTES : <br /> e_ l " / ,. <br /> ity Clerk <br /> Passed: 07/22/98 <br /> Valid: 07/27/98 <br /> Published: 08/07/98 <br /> -26- SCO1 B DCC <br />