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Section 4: The City Treasurer of the City of Everett is hereby authorized to negotiate a <br /> reasonable rate of interest and obtain temporary financing to satisfy interim construction <br /> costs. Temporary financing shall be redeemed as soon as reimbursement is received. <br /> Section 5: Severability. If any provision of this Ordinance shall be declared <br /> unconstitutional or invalid by any court of competent jurisdiction, it shall be conclusively <br /> presumed that this ordinance would have been enacted without the provision so held <br /> unconstitutional or invalid and the remainder of this ordinance shall not be affected as a <br /> result of said part being unconstitutional or invalid. <br /> Section 6: Repealer. Ordinance No. 3492-16 is hereby repealed <br /> CITY OF EVERETT <br /> ?4f1 <br /> Ray hanso , Mayor <br /> Attest: <br /> 7; <br /> -- 4/i0-0701-1)e , <br /> Sharon Fuller, City Clerk <br /> Passed: 9/06/2017 <br /> Valid: 9/14/2017 <br /> Published: 9/18/2017 <br /> Effective Date: 9/29/2017 <br />