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- 15 The proceeds of sale of such general obligation Public Improvement Bonds shall be applied to the payment of the costs of the public improvement projects described below in substantially the ~aoun~s set forth opposite the descriptions of the ~espective projects: PROJECTS AMOUNT Community Services Education- Parks and Recreation Drainage, Curbs, Gutters and Street ImprovemenTs Urban Renewal and Priority Action Programs Industrial and Economic Development S 565,747 246,000 1,639,400 4,271,137 300,000 112,716 $7,135,000 provided, that if any such projecn shall require less than the entire respective ~ount set forth above, the difference may be applied to pay the cost of any other project so set forth. City Clerk City of Portsmouth, Virginia" 13. Ail ordinances, resolutions and proceedings in conflict with the provisions of this resolution (including, without limitation, ~ny such provisions specifying the manner in which the Bonds are to be sold or requiring the ~atification by the Council of the sale of the Bonds and the details thereof are, to the extent of such conflict, hereby ~epealed. 14. This resolution shall supersede all previous ~esolutions adopted by the Council authcrizing the issuance of general obligation bonds of the City with, and only with, respect to provisions of such resolutions relating to Bonds authorized but not heretofore issued. In particular, the Bonds authorized hereby are in lieu of and in substitution for bonds heretofore authorized by resolutions of the Council adopted on October 14, 1986 and November 25, 1986 authorizing the issuance of general obligation bonds to finance various public improvement pro3ects of the City in the principal amounts of $5,470,000 and $1,665,000, respectively. The bonds authorized in such resolutions shall not be or deemed to be in addition to the bonds authorized hereby.