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1992 Resolutions
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1992 Resolutions
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2/6/2009 3:37:04 PM
Creation date
6/13/2001 5:25:41 PM
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Ord/Resolutions
Year
1992
Ord/Resolutions - Type
Resolutions
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' 10 <br /> <br /> 10. The City Attorney of the City is authorized and directed to file a copy <br />of this resolution, certified by the City Clerk of the City to be a true copy hereof, with the <br />Clerk of the Circuit Court of the City of Portsmouth, Virginia. <br /> <br /> 11. The Mayor, the City Clerk, the City Manager, the Director of Finance, <br />the City Attorney and other appropriate officers, employee and agents of the City are hereby <br />authorized and directed to take all such action and to execute such instruments as shall be <br />deemed by them to be necessary or appropriate to effect the printing, execution and <br />issuance of the Bonds and the delivery of the Bonds in accordance with the terms of this <br />resolution upon receipt of the purchase price therefor, and for the proper application and <br />use of the proceeds of such sale. <br /> <br /> 12. All actions and proceedings heretofore taken by this Council. the City <br />Manager and the other officers, employees, agents and attorneys of the City in connection <br />with the authorization, issuance and sale of the Bonds, are hereby ratified, confirmed and <br />approved. <br /> <br /> 13. If any section, paragraph, clause or provision of this resolution shall be <br />held invalid or unenforceable for any reason, the invalidity or unenforceability of such <br />section, paragraph, clause or provision shall not affect any of the remaining portions of this <br />resolution. <br /> <br /> 14. All ordinances, resolutions and proceedings in conflict herein, to the <br />extent of such conflict, hereby repealed. <br /> <br /> 15. The Bonds authorized for issuance hereby are, in part, in lieu of and <br />in substitution for bonds heretofore authorized by resolutions of the Council. Such <br />resolutions of the Council are hereby repealed to the extent of the bond authorizations <br />contained therein, provided, however, that such repeal.shall not be effective with respect m <br />any bonds of the City authorized for issuance, and issued and outstanding, under such <br />resolutions. <br /> <br />16. This resolution shall take effect upon its adoption. <br /> <br /> Adopted by the City Council of the City of Portsmouth, Virginia, at a meeting <br />held on January 14, 1992. <br /> <br />Teste: <br /> <br />Ciw Clerk <br /> <br /> <br />
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