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• <br /> • <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 /> -,114/erfiel° <br /> i • : �I. HA EN, MAYOR <br /> ATTEST: <br /> CITY CLERK <br /> Passed: 07/06/94 <br /> Valid: 07/11/94 <br /> Published: 07/15/94 <br /> Effective: 07/27/94 <br /> gl/wo2664 <br />