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• J <br /> B. Source of Funds • <br /> Fund 354—CIP 3 100,000 <br /> Total Estimated Funds S100,000 <br /> This appropriation shall not lapse,but shall be carried forward from year to year until <br /> Fully expended or the purpose has been accomplished or abandoned without the necessity <br /> of reappropriation. <br /> Section 5: <br /> The City Treasurer of the City of Everett is hereby authorized to negotiate a reasonable <br /> rate of interest and obtain temporary financing to satisfy interim construction costs. <br /> Temporary financing shall be redeemed as soon as reimbursement is received. <br /> -- Section 6: Severability <br /> this ordinance shall be declared unconstitutional or invalid by <br /> If anyrovision ofany court <br /> P <br /> of competent jurisdiction,it shall be conclusively presumed that this ordinance would have <br /> been enacted without the provision so held unconstitutional or invalid and the remainder of <br /> this ordinance shall not be affected as a result of said part being unconstitutional or invalid. <br /> Cassie Franklin,Mayor <br /> • <br /> ATTEST: <br /> City Clerk • <br /> Passed: • <br /> • <br /> Valid: <br /> Published: <br /> Effective Date: • . <br /> 35 <br />