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shall apply to the Notes to the extent the same are not paid <br />from the proceeds of the Bonds or from any other available <br />funds. The sale of the Notes and the form and other details <br />thereof shall be approved, ratified and confirmed be <br />resolution of this Council. Bonds in anticipation of which <br />the Notes are issued must be issued and sold in accordance <br />with this Ordinance not later than five (5) years of the date <br />of original issue of the first Notes issued hereunder. <br /> <br /> SECTION 3. No Bonds or Notes shall be issued under this <br />Ordinance unless and until their issuance shall have been <br />approved by the affirmative vote of a majority of the <br />qualified voters of the City, voting upon the question of <br />their issuance under the applicable provisions of the Code of <br />Virginia, 1950, and acts amendatory thereof and supplemental <br />thereto. <br /> <br /> SECTION 4. It is hereby requested that a referendum on <br />the question of the issuance of the Bonds be held in <br />accordance with the provisions of Sections 15.2-2610 and <br />15.2-2611 of the Code of Virginia, 1950. The City Attorney <br />is hereby directed to present to the Circuit Court of the <br />City, a duly certified copy of this Ordinance and to take <br />such steps as may be necessary and proper to cause to be <br />submitted to the qualified voters of the City the question of <br />whether the Bonds provided for in this ordinance shall be <br />issued. <br /> <br /> SECTION 5. This Ordinance shall take effect on the date <br />of its adoption. <br /> <br /> Adopted by the Council of the City of Portsmouth, <br />Virginia, at a meeting held December 9, 1997. <br /> <br /> Teste: <br /> <br /> City Clerk <br /> <br /> <br />