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The proceeds of sale of such bonds and notes shall be <br />applied to the payment of the costs of the public improvement <br />projects described below in substantially the amounts set <br />forth opposite the descriptions of the respective projects: <br /> <br />PROJECTS AMOUNT <br /> <br />Drainage, Curb, Gutters and <br /> Street Improvements <br />Education <br />Urban Renewal and Priority Action <br /> Program <br />Industrial and Economic Development <br />Parks and Recreation <br />Public Safety <br />Municipal Facilities and Community <br /> Services <br /> <br />$1,304,300 <br />6,461,500 <br /> <br /> 400,000 <br /> 924,500 <br /> 2,884,000 <br /> 335,000 <br /> <br /> 640,700 <br /> <br />TOTAL $12,950,000 <br /> <br />provided, that if any such project shall require less than <br />the entire respective amount set forth above, the difference <br />may be applied to pay the cost of any other project so-set <br />forth. <br /> <br /> 6. This <br />its adoption. <br /> <br /> Adopted <br />Virginia, at <br /> <br />City Clerk <br />City of Portsmouth, Virginia" <br /> <br />resolution shall take effect from the date of <br /> <br />by the Council of the City of Portsmouth, <br />a meeting held October 10, 1989. <br /> <br />Teste: <br /> <br />City Clerk <br /> <br /> <br />