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• <br /> C. This appropriation shall not lapse, but shall be carried forward from year to year until fully <br /> expended or the purpose has been accomplished or abandoned without the necessity of <br /> reappropriation. <br /> Section 5: <br /> The City Treasurer of the City of Everett is hereby authorized to negotiate a reasonable rate of interest <br /> and obtain temporary financing to satisfy interim construction costs. Temporary financing shall be <br /> 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 enacted <br /> without the provision so held unconstitutional or invalid and the remainder of this ordinance shall not <br /> be affected as a result of said part being unconstitutional or invalid. <br /> /404 lid 4/44•44, <br /> • • ' i D. .ANSEN, MAYOR <br /> ATTEST: <br /> e*,. et. . <br /> CI CLERK <br /> Passed: 05/31/95 <br /> Valid: 06/05/95 <br /> Published: 06/09/95 <br /> Effective: 06/21/95 <br /> gUwo2699 <br /> 2 <br />