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• <br /> B. Source of Funds <br /> Special Improvement Assessment $ 316,630 <br /> C. This appropriation shall not lapse, but shall be carried forward from year to <br /> year until fully expended or the purpose has been accomplished or abandoned <br /> without the necessity of reappropriation. <br /> Section 5: <br /> The City Treasurer of the City of Everett is hereby authorized to negotiate a reasonable <br /> rate of interest and obtain temporary financing to satisfy interim improvement costs. <br /> Temporary 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 <br /> the remainder of this ordinance shall not be a fected as a result of said part being <br /> unconstitutional or invalid. <br /> 44x/ilia ak ia, <br /> • • ' ► . HA SEN, MAYOR <br /> ATTES : <br /> CITYCLERK <br /> C <br /> Passed: 10/30/96 <br /> Valid: 11/08/96 <br /> Published: 11/18/96 <br /> Effective: 11/24/96 <br /> gUwo2636 <br />