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120 <br /> <br />Citizens Trust Bank <br /> <br />Portsmouth. Va.. L'ece-.~ber 18 <br />days after dale the CITY OF <br /> <br />$500,000.00 <br /> <br />~ -VIRGINIA. p[omises to pay to <br /> <br /> or order, negotiable and payable without offset, ~t said bank <br /> and r~/!00) <br /> <br /> l0 80 <br /> <br /> PORTSMOUTH. <br /> <br /> of PORTSMOUTH. Va.. <br />[Fix~ Hmr~!.,'ed Thouze.nd <br /> <br />, .Dollars <br /> <br />for value received. <br /> T,his note.is ~iven in accordance ~Sth section 11-16 of The Code of the City of Portsmouth,. Virginia. <br />1993, in order to ;~roc~}o:funds in anticipation of the.ismance of boncl~ or in renewal or confirmation of a note <br />or notes already given fo)'-th~t purpose. <br /> <br />THE CITQ~F PORTSMOUTH, VIRGINIA, <br /> <br />RENEWAL OF BOND ANTICIPATION NOTE <br /> <br />B-3 <br /> <br /> Portsmouth; Va., 19/18 19 80 <br /> <br /> The City Treasurer is hereby instructed by the City Manager and the Director of <br />Finance o!' the City of Portsmouth, Virginia, to renew notes in Citizens 2X-asr Bm%k <br /> <br /> to amount of <br /> <br />< 50S,000.00 (Five Eund. red T~.ous~.nd ~_nd no/100) <br /> <br />due 4/17/81 <br /> <br />: said amount to be repa'id by the City w/thin five ~:ears from <br /> <br />date of the original note. <br /> <br />This instruction is given in accordance with section I 1-16 of The Code of the City of <br /> <br />i-crtsmotuh. Virginia, i973. <br /> <br /> Ill <br /> <br />Portsmouth. Virginia. <br /> <br /> City Mgnager <br /> <br /> ~ /rector of Financ~~ <br /> <br />my opinion, the attached note i~s a valid and binding obligati the City of <br /> <br /> <br />