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C. The appropriation shall not lapse, but shall be carried forward from year to <br /> year until fully expended or the purpose has been accomplished or <br /> abandoned without the necessity of re-appropriation. <br /> 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. <br /> Ordinance No. 3575-17 is hereby repealed. <br /> CITY OF EVERETT <br /> Cassie n, Mayor <br /> Attest: <br /> 01/nn C - n1-,44Ch— <br /> {-0( Sharon Fuller, City Clerk <br /> Passed: 3-7-18 <br /> Valid: 3-9-18 <br /> Published: 3-15-18 <br /> Effective : 3-24-18 <br />