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such Lease and the lessor thereunder shall cease to be entitled to <br /> any lien, benefit or security of this ordinance except the right <br /> to receive the funds so set aside and pledged, and such Lease shall <br /> be deemed not to be outstanding hereunder. <br /> Section 8 . Effective Date. This ordinance shall be in full <br /> force and effect from and after its adoption and approval as <br /> required by law. <br /> ADOPTED by the Council of the City of Everett at a regular <br /> meeting thereof, held this 15 day of March, 1991, after <br /> introduction March 6 , 1991, and second/final reading <br /> March 15 , 1991. <br /> CITY OF EVERETT, WASHINGTON <br /> r � <br /> Mayor <br /> ATTEST:) <br /> City Clerk <br /> PASSED: 03/15/91 <br /> VALID: 03/15/91 <br /> PUBLISHED: 03/20/91 <br /> -7- FWW068 91/03/06 <br />