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Total Estimated Funds <br />$1.062.122 <br />C. This appropriation shall not lapse, but slia:?11-1c carried forward from year to year <br />until fully expended or the purpose has been accevanplished or abandoned without the <br />necessity of reappropriation. <br />Section S: <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 interis-1 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 unc:--nstitutional or invalid by any court of <br />competent jurisdiction, it shall be conclusively- presumed ghat this ordinance would have been <br />enacted without the provision so held unconstitutional :.-r invalid and the remainder of this <br />ordinance shall not be affected as a result of said part bt.ing unconstitutional or invalid. <br />ATTEST: <br />CITY CLERK <br />Passed: <br />Valid: <br />Published: <br />Effective: <br />RAY STEPHANSON, Mayor <br />11 <br />