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SECTION 23. Contract; Severability. The covenants contained in this ordinance shall <br /> constitute a contract between the City and the owners of each and every Bond. If any one or <br /> more of the covenants or agreements provided in this ordinance to be performed on the part of <br /> the City shall be declared by any court of competent jurisdiction to be contrary to law, then such <br /> covenant or covenants, agreement or agreements, shall be null and void and shall be deemed <br /> separable from the remaining covenants and agreements of this ordinance and shall in no way <br /> affect the validity of the other provisions of this ordinance or of the Bonds. <br /> SECTION 24. Effective Date. This ordinance shall become effective fifteen days after it <br /> becomes valid pursuant to Section 3.4 of the City Charter. <br /> PASSED by the Council of the City of Everett at a regular meeting thereof, held this 19th <br /> day of January, 1994, after introduction on January 5 and second reading on January 12, 1994. <br /> CITI;$F EVERETT, WASHINGTON <br /> died/42dri <br /> Mayor <br /> ATTEST: <br /> IIIA <br /> City Clerk <br /> Passed: 0///9/91/ <br /> Valid: of 1 a019W <br /> Published: 1 Jac /94 <br /> -26- ooTO8M.00c 94/o1/1 e <br />