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<br />Tax Increment Financing District. <br /> <br />(5) All surplus funds, if any, in the Special Allocation Fund of the City of <br />University City, shall be disbursed in accordance with the TIF Act. <br /> <br />Section 2: Severabilitv. <br /> <br />The sections, paragraphs, phrases, clauses, and <br /> <br />words of this Ordinance shall be severable. In the event that any portion of this <br /> <br />Ordinance is found by a court of competent jurisdiction to be invalid, the remaining <br /> <br />portions of this Ordinance are valid, unless the court finds the valid portions of this <br /> <br />Ordinance are so essential and inseparably connected with and dependent upon the <br /> <br />void portion that it cannot be presumed that the City Council would have enacted the <br /> <br />valid portions without the invalid ones, or unless the court finds that the valid portions <br /> <br />standing alone are incomplete and are incapable of being executed in accordance with <br /> <br />the legislative intent. <br /> <br />Section 3: Effective Date. This Ordinance shall be in full force and effect from <br /> <br />and after the date of its passage and approval. <br /> <br />PASSED AND APPROVED THIS 6th DAY <br /> <br /> <br />,.,,1' It... . <br />L' I " ."~ -', c~. ',_ J.. 4 r I <br />.' \ . ~ ~.. '. \ / I 1#' J.~ <br />_ ~ ".' __~.~'''''''~.: . . . . " 9 . . , . .. . '. .1......_ j" .. '''. <br />... ....... . . ,.. <br />~" ~ :' (;T;r;~!' . . <br />:-: (--~-Il <br />- : 11_. '\.\.\, ~ ~,J <br />:c: ~n(,r(' <br />~ ... -------.. ~ j <br />: --'. .1 \ I \ i\ i <br />-'. ',.... "'- 'I <br />'"" /' "', ... <br />"...." (J ~.... . .. . . . ~ ,. .. .. 4 ,)., " ~ <br />'#1" "II ~1 ' ,,10 -' <br /> <br />'1""1 \,.\\\' <br />',. 11'11 <br /> <br />:: <br /> <br />ATTEST: <br /> <br />/-~ <br />~~~~, <~-?-P~ <br /> <br />CERTIFIED TO BE CORRECT AS TO FORM: <br /> <br />: ~\ :- <br />. - <br />. .:. <br />. - <br /> <br />~)~~ <br />CITY ATT RNEyf V <br />