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accompanied by a certificate of the City Manager and the <br />Director of Finance of the City in the form prescribed in <br />Section 12-16 of the Code of the City. The provisions of <br />Section l(c) hereof shall apply to the Notes to the extent the <br />same are not paid from the proceeds of the Bonds or from any <br />other available funds. The sale of the Notes and the form and <br />other details thereof shall be approved, ratified and confirmed <br />by resolution of this Council. Bonds in anticipation of which <br />the Notes are issued must be issued and sold in accordance with <br />this Ordinance not later than five (5) years of the date of <br />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 qualified <br />voters of the City, voting upon the question of their issuance <br />under the applicable provisions of the Code of Virginia, 1950, <br />and acts amendatory thereof and supplemental thereto. <br /> <br /> SECTION 4. It is hereby requested that a referendum on <br />the question of tke issuance of the Bonds be held in accordance <br />with the provisions of Sections 15.1-227.12 and 15.1-227.13 of <br />the Code of Virginia, 1950. The City Attorney is hereby <br />directed to present to the Circuit Court of the City, a duly <br />certified copy of this Ordinance and to take such steps as may <br />be necessary and proper to cause to be submitted to the <br />qualified voters of the City the question of whether the Bonds <br />provided for in this Ordinance shall be 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 August 23, 1994. <br /> <br />Teste: <br /> <br />City Clerk <br /> <br /> <br />