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19 <br /> <br />A REsoLUTIO~ coNTRACTTNG TO GUARANTEE FUIqDS UP TO $508,000- TO <br />T~E soUThEAsTERN pUBLTC SE~TCE AuT~O~TTY OF vi~GI~TA O~ cE~TAT~ <br /> AuTEORTZTNG T~E IsSuaNCE OF $508,000- OF BONDS TO <br />CONDTTION; GENERAL OBLTGATION BONDS FO~?AE~Ut~pOSE OF..-.~_-~ <br /> BE ~0~ AS . -. .......-' -' <br /> CO~ S~C~S · <br /> S~~°~ ~L~q~ ~eaC~ ~& ~e c <br /> ~ere~o~ore create~ ~e Southeastern <br /> ~rgi~ia wa%er and Sewer <br /> r 28, Title 15.1, ~ng for the. <br /> Authorities <br /> .... tion, operat ~--~e collection <br /> 1950, aS ~enu~, . _ coUS~=U~ -- ~ ~ud rezu~ ~ ~_ <br /> acquisition, w~ter sYs~TM ~T~I be publmClY u~ VII, <br /> tenance of ~ - -stitution of ~irgZnza; ~d <br /> system, which w~l the meshing of Article <br /> ~d 6isoOSai projects within ' <br /> <br /> trolIed regiOnal <br /> . .~,a~ (4) of the uon 'ssued its notes <br /> SectiOn lu% , . ~_~ heretofore ~ ~r the <br /> <br /> · =~e aggrigate F=~ ~ds for payl~ <br /> ~n =~ 'din ~ d refUSe collection <br /> . · - ~ a garbage, an~ of portsmouth <br /> purpose of prov~ <br /> <br /> ~-- d =~d $32b,u~' .~ _~ DortSmOUt~, - <br /> the CO~clz <br /> 1 , · of the Author. Y. ~o provza~ <br /> <br /> 26, ~o~, -~ =t this tlmg_u~ for the pur~Os~_~ fBr paying <br /> <br /> funds for pay~ plying and design <br /> a Qar% of the cost of <br /> r~fuse collection ~d aisposal system; and <br /> the cities of Franklin, Norfolk, <br /> ~E~EAS, the CouncilSvirginza°f · B~acn- = have dete~ined thatbe <br /> portsmouth, suffolk and marketability of said notes to <br /> in order to enhance the ~ -uch garbag~ and ~ <br /> 'tv on accOUnt oz o__id Co~C~lS ~a <br /> by the Auth°r%-~;s~osal syst~, ~= obligations <br /> issueder a periOd or periOd% of mor~ than <br /> refuse ~llectiOn aha =~ r the power to contract <br /> require <br /> co~ssioners would ov ~tee he pa~ent of <br /> to proV~u= t %o the.AutnO%~ of and the <br /> one ~1~ yea~ of the DrlnclF ...... ~tv, which <br /> all or any P=~ - =~e by the A~n~u[~eSs withxn <br /> .. -~ ~rom time to=%~ ~ludea xnaeu===~ Section <br /> .notes lssU~.~_~s woulu ~ - ' <br /> contraCt obllg=~ e u~oseS o~ Article VII, <br /> t~e me~ning°f' and f~r t~ P ~ ..~r~in~a; and <br /> lo(a) (4) of the constitution o~ ~ ~ <br /> <br /> <br />