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63 days after date <br />VIRGINIA, promises to pay to V~r~ <br />~r o~der, negotiable and payable without offset, at said b~nk $350,000.00 <br />~no~s~nd anc~ no/!00) <br /> <br />Portsmouth, Va., Dec~mber 29 19 80 <br /> <br /> the CITY OF PORTSMOUTH, <br /> <br /> of PORTSMOUTH, Va., <br /> (~mae ~unared Fiftw <br /> Dollars <br /> <br />~'or % <br /> <br />1 <br />or n <br /> <br />Att~ <br /> <br />B-1 <br /> <br />[ue received. <br /> This ~note.~.s~ ~.ven in. accordance with section 11-16 of The Code of the City of Portsmouth, Virginia, <br /> in or'let' to procu,.*:£unds in anticipation of the issuance of bonds or in renewal or continuation of a note <br /> <br /> :es already gaven for'._ttiat purpose. <br /> <br />~ ' CityCler~ O- <br /> <br />THE C~t~ OF PORTSMOUTH, VIRGINIA, <br /> <br />AUTHORIZATION FOR BOND ANTICIPATION NOTE <br /> <br />Portsmouth, Va., 12/29 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 Virgq_nia Na'cional Bank <br /> <br /> to amount of $ 350,000.00 (~hree ~tunctrecl k'ifey <br /> <br /> Thousanct and no/iO0) for 63 (sixty Three) <br /> <br />days, to procure funds in anticipation of the issuance of..bonds; said amount to be repaid by <br />the .City within five years. <br /> <br />This instruction is given in accordance with section 11-16 Of The Code of the City of <br /> <br />Portsmouth, Virginia, 1973. <br /> <br /> ~ire~-~City Manaser ' :_ <br /> ctor of Finan.c~//' . <br />my' opifii6n, the attached note is a valid and binding obligation of/fhe City of ' <br /> <br />Portsmouth, Virginia. <br /> <br />City Attorney _ <br /> <br /> <br />