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I ` <br /> B. Source of Funds <br /> Fund 154-CIP 3 $ 250,000 <br /> Total Estimated Funds $ 250,000 <br /> C. This appropriation shall not lapse, but shall be carried forward from year to year <br /> until fully expended or the purpose has been accomplished or abandoned without <br /> the necessity of reappropriation. <br /> Section 5: <br /> 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 <br /> 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 <br /> court of competent jurisdiction, it shall be conclusively presumed that this ordinance <br /> would have been enacted without the provision so held unconstitutional or invalid and the <br /> remainder of this ordinance shall not be affected as a result of said part being <br /> unconstitutional or invalid. <br /> � iT , <br /> Ra t tephanson, Mayor <br /> ATTEST:4t-d-n1 <br /> 4City lerk <br /> Passed: 10-20-04 <br /> Valid: 10-22-04 <br /> Published: 10-26-04 <br /> Effective Date: 11-06-04 <br />