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C. This appropriation shall not lapse, but shall be carried forward from year to year until <br /> fully expended or the purpose has been accomplished or abandoned without the <br /> necessity of reappropriation. <br /> Section 5: <br /> The 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 court of <br /> competent jurisdiction, it shall be conclusively presumed that this ordinance would have been <br /> enacted without the provision so held unconstitutional or invalid and the remainder of this <br /> ordinance shall not be affected as a result of said part being unconstitutional or invalid. <br /> „ ''vee%[ <br /> ED • • • :�: W EN, MAYOR <br /> ATTEST: <br /> Aik� • / r I ./1 <br /> CITY CLERK SW <br /> Passed: 08/02/95 <br /> Valid: 8/8/95” <br /> Published: 84 I q s• <br /> Effective: 8/ay 19 s <br /> gVwo2704 <br />