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5 <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 /> Ray Stephanson,Mayor <br /> ATTEST: <br /> City Clerk <br /> Passed: <br /> Valid: <br /> Published: <br /> Effective Date: <br /> 25 <br />