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Section 7: There is created and established in the office of the City <br /> Treasurer for the District the Local Improvement Fund, District No. 717, into <br /> which fund shall be deposited the proceeds from the sale of revenue warrants or <br /> other short-term obligations drawn against the fund which may be issued and sold <br /> by the City and collections pertaining to assessments and any federal and state <br /> grants received therefor, and against which fund shall be issued cash warrants to <br /> the contractor or contractors in payment for the work to be done by them in <br /> connection with the improvement, and against which fund cash warrants shall be <br /> issued in payment for all other items of expense in connection with the <br /> improvement. <br /> Section 8: Within fifteen (15) days of the passage of this ordinance there <br /> shall be filed with the City Treasurer the title of the improvement and District <br /> number, a copy of the diagram or print showing the boundaries of the District and <br /> the preliminary assessment roll or abstract of such roll showing thereon the lots, <br /> tracts and parcels of land that will be specially benefited thereby and the <br /> estimated cost and expense of such improvement to be borne by each lot, tract or <br /> parcel of land. The City Treasurer shall immediately post the proposed <br /> assessment roll upon his index of local improvement assessments against the <br /> properties affected by the local improvement. <br /> Section 9: The provisions of this ordinance are declared to be separate <br /> and severable. The invalidity of any clause, sentence, paragraph, subdivision, <br /> section or portion of this ordinance, or the invalidity of the application thereof to <br /> any person or circumstance shall not affect the validity of the remainder of this <br /> ordinance, or the validity of its application to other persons or circumstances. <br /> PASSED by the City Council and APPROVED by the Mayor of the City of Everett, <br /> Washington, at a regular open public meeting thereof, this v26 day of <br /> ( Y I A-,2_ _ , 1985. <br /> ayor <br /> ATTEST: <br /> --)7> C c <br /> City Clerk <br /> Passed: - ,F5"' <br /> Valid: 3-621- e s-- <br /> Published: 3_ c4 -FS— <br /> ,, <br />