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.~ ~'5'f~'405,00'0.00 Portsmouth, Va., Decker 22, 19 80 <br /> (116) . days after date the CITY OF PORTSMO-I~I'H, <br /> VIRGINIA, promises to pay to First & l,~.<~.hants Na'~.onefl. Bank of PORTSMOUTH, Va., <br /> order, negotiable and payable without offset, at said bank Four Euncl<ad Thousand and no/100 <br /> Dollars <br /> <br />for value receiyed. <br /> This note is giver~ -in accordance with section 11-16 of The Code of the City of Portsmout.h, Virginia, <br />1973, in order to procure funds in anticipation Of the issuance of bonds or in renewal or continuation~ ,- . of a note <br /> <br />THE CITY~ PORTSMOUTH, VIRGINIA, <br /> <br />AuTHoRIZATION FOR BOND ANTICIPATION NOTE <br /> <br /> Portsmouth, Va., D~ceubez 22 19 80 <br /> <br /> The City Treasurer is hereby instructed bY the City Manager and the Director of <br /> Finance of the City of Portsmouth, Virginia, to make notes in <br /> <br />Bank to amount of ~00,000.00 (Four Hundred Thoimand <br />°~nd no/l'00 for(!16) One Hundred Sixteen <br /> <br />days, to procure funds in anQcipafion of the issuance of bonds; said. amount to be repaid bt' <br /> <br />the City wit.h, in five years. <br /> <br /> This instruction is given in accordance with'sectibn 1 t-16 of The Code of the City of <br /> <br />Portsmouth, Vir~nia, 1973. <br /> <br /> City Manager <br /> ' :" ~-~~ -'of Finance/ <br /> · ,' ,I~rector <br /> <br /> n. e City of <br /> In my opinion, the attached note is a valid and bi ding oblig <br /> <br />Portsmouth, Virginia. <br /> <br /> City Attorney <br /> <br /> <br />