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(3) Analyze the city's annual operating and capital budgets to evaluate their <br />impact on supporting the city's overall financial goals and make <br />recommendations thereon. <br /> <br />(4) Survey all aspects of the city's bonded indebtedness and make <br />recommendations thereon. <br /> <br />(5) Advise the city council as to the propriety of all bond issues and assist the <br />city council and the chief financial officer in the promotion and <br />accomplishment of bond issues, including communication as necessary <br />with the bond rating agencies. <br /> <br />(6) Do such other things and make to the city council such other <br />recommendations as would, in the judgment of the commission, be <br />conducive to improving the financial condition of the city. <br /> <br />2. That this ordinance shall take effect on the date of its adoption. <br /> <br /> Adopted by the Council of the City of Portsmouth, Virginia, at a meeting held <br />on January 23, 2001. <br /> <br />Teste: <br /> <br />City Clerk <br /> <br /> <br />