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1987 Resolutions
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1987 Resolutions
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2/6/2009 3:37:51 PM
Creation date
6/20/2001 4:52:20 PM
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Ord/Resolutions
Year
1987
Ord/Resolutions - Type
Resolutions
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10 - <br /> <br /> This Bond shall not be valid or obligatory unless <br />the certificate of authentication hereon shall have been <br />manually signed by an authorized signator of the Registrar. <br /> <br /> The full faith and credit of the City are hereby <br />irrevocably pledged to the pa~nent of the principal of and <br />interest on this Bond as the same become due. The principal <br />hereof and interest hereon shall be payable from ad valorem <br />taxes, without limitation of rate or amount, ~upon a~i' <br />property within the City subject to taxation by the City, if <br />the revenues of the aforesaid undertaking consisting of port <br />improvements are insufficient for that purpose. <br /> <br /> It is hereby certified, recited and declared that <br />all acts, conditions and things required to exist, happen or <br />be performed precedent to and in the issuance of this Bond <br />exist, have happened and have been performed in due time, <br />form and manner as required by law, and that the ~nount of <br />this Bond, together with all other indebtedness of the City, <br />does not exceed any limitation of indebtedness prescribed by <br />the Constitution or statutes of the Commonwealth of Virginia <br />or the Charter of the City. <br /> <br /> IN WITNESS WHEREOF, the City has caused this Bond <br />to be executed by the facsimile signatures of its Mayor and <br />Director of Finance and a facsimile of the corporate seal of <br />the City to be imprinted hereon and attested by the <br />facsimile signature of the City Clerk of the City; and this <br />Bond to be dated as of the first day of May, 1987. <br /> <br />[SEAL] <br /> <br />CITY OF PORTSMOUTH, VIRGINIA <br /> <br />Attest: <br /> <br /> M~yor <br /> <br />Director of Finance <br /> <br />City Clerk <br /> <br /> (FORM OF CERTIFICATE OF AUtHENtICATION) <br /> <br /> Certificate of Authentication <br /> <br />This Bond is one of the Bonds delivered pursuant <br /> <br />to the within-mentioned <br /> <br />proceedings. <br /> <br /> [ <br /> <br /> By: <br /> <br />], Registrar <br /> <br />Authorized Signature <br /> <br />Date of Authentication: <br /> <br /> <br />
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