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.• <br /> • <br /> Section 7: There is created and established in the office of the Treasurer of . <br /> the City for Local Improvement District No. 711 a special fund to be known and <br /> designated as "Local Improvement Fund, District No. 711", into which fund shall be <br /> deposited the proceeds from the sale of revenue warrants drawn against the fund <br /> which may be issued and sold by the City and collections pertaining to assessments <br /> and any federal and state grants received therefor, and against which fund shall be <br /> issued cash warrants to the contractor or contractors in payment for the work to be <br /> done by them in connection with the improvement, and against which fund cash <br /> warrants shall be issued in payment for all other items of expense in connection <br /> with the improvement. <br /> Section 8: The provisions of this ordinance are declared to be separate and <br /> severable. The invalidity of any clause, sentence, paragraph, subdivision, section or <br /> portion of this ordinance, or the invalidity of the application thereof to any person <br /> or circumstance shall not affect the validity of the remainder of this ordinance, or <br /> the validity of its application to other persons or circumstances. <br /> MAYOR <br /> ATTEST: <br /> CITY CLER <br /> PASSED: 9 - <br /> VALID: oZ -� }� <br /> PUBLISHED: 1 c 7 —F <br /> 2-- <br /> Al. <br />