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Section 5: The City Treasurer of the City of Everett is hereby <br /> authorized to negotiate a reasonable rate of interest and <br /> obtain temporary financing to satisfy interim construction <br /> costs. Temporary financing shall be redeemed as soon as <br /> reimbursement is received. <br /> Section 6: Severability. If any provision of this ordinance shall be <br /> declared unconstitutional or invalid by any court of <br /> competent jurisdiction, it shall be conclusively presumed <br /> that this ordinance would have been enacted without the <br /> provision so held unconstitutional or invalid and the <br /> remainder of this ordinance shall not be affected as a result <br /> of said part being unconstitutional or invalid. <br /> CITY OF EVERETT <br /> May(u. 02076,01d0 <br /> Attest: <br /> 44111 <br /> City Clerk <br /> Passed: ja-,.2o <br /> Valid: la -oz4 f <br /> Published: / -a 7 - y <br /> (140) <br /> -8- <br />