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Section 5: 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 6: 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 /> CITY OF EVERETT <br /> /A ig!iir <br /> -d <br /> Ray 1-phanso ', Mayor <br /> Attest: <br /> AdA 1.1& <br /> � <br /> Sharon Fuller, City erk <br /> Passed: 11-01-2017 <br /> Valid: 11-07-2017 <br /> Published: 11-11-2017 <br /> Effective: 11-22-2017 <br />