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Notes on deposit in the Construction Account created and <br /> established pursuant to, and ~to be held in trust and <br /> administered by the City under, the Note. Resolution, u~til <br /> such proceeds.shall be expended in accordance with the <br /> provisions of the Note Resolution. The full faith and <br /> credit of ~the City'are hereby irrevocably pledged to the. <br /> payment~of~the principaI of and interest on'this Note as the <br /> same become due. The principal hereof3and interest hereon <br /> shattb~_ payable from ad valorem taxes without limitation of <br /> rate,.or amount upon a!l property within the City subject to <br /> taxation b¥-theCity, if the amounts deposited-'in the Note <br /> Repayment AcCOUnt pursuant tc the NoteRe~olution shall be <br /> insufficient to mee~ set <br /> <br /> ~-~ .It is hereby certified, reci ' <br /> all acts, conditions and things required~to exist', happen or <br />~ ~be perfo~-med precedent to and in the issuance of this Note <br /> exist,'have happened and have been performed .in due time, <br /> form and manner as r~quired by law, and!that the~amount <br /> ' this Note, together with all other indebtedness of the ~City, <br /> does not exceed any l~itation of indebtedness prescribed by <br /> the Constitution or sta~tutes of the Commonwealth. of Virginia <br /> or the Charter of the City° <br /> <br /> IN WITNESS W~IEREOF,.the City has caused.this Note to <br /> be executed by the manual or facszmzle szgnature of its <br /> Mayor and Director of Finance and the corporate seal of the <br /> City to be impressed or a facsimile-~hereof~i~rinted hereo~ <br /> and attested by the manual or facsimile signature of the <br /> City Clerk or-the City (provided that one.of such signatures <br /> ~hereon be a manual~signature); and this Note to be <br /> dated 1982. <br /> <br />CITY OF PORTSMOUTH, <br /> ~ ? Mayor <br /> <br />VIRGINIA <br /> <br />'[SEAL] <br /> <br />ATTEST: <br /> <br />City Clerk Director of Finance" <br /> <br /> <br />