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• <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 /> 7 <br /> a►' � • ' I ANSEN, MAYOR <br /> ATT <br /> OPP' <br /> CITY CLERK <br /> Passed: 06/13/94 <br /> Valid: 06/14/94 <br /> Published: 06/20/94 <br /> Effective: 06/30/94 <br /> gI/wo2585 <br />