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neither the Commonwealth of Virginia, City of Portsmouth, nor <br />IDA shall be obligated to pay the bonds or the interest thereon <br />or the costs incident thereto except from the revenues and <br />monies pledged therefor, and neither the faith or credit of <br />the taxinq power of the Commonweal%h, the City, nor IDA, shall <br />be pledged thereto. <br /> <br /> This resolution shall take effect immediately upon its <br />adoption. <br /> <br /> Adopted by the Council of the City of Portsmouth, Virginia, <br />a% a meeting held October 23, 1984. <br /> <br />Teste: <br /> <br />City Clerk <br /> <br /> <br />