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VIRGINIA, promises, to pay to__Bank of <br /> <br />, days after date the CITY OF PORTSMOUTH, <br /> of PORTSMOUTH, Va., <br /> <br />or order, negotiable and payable without offset, at said bank - <br /> Dollars <br /> Four t4unclred Thousand and no/000 -- <br />for Value-received. <br /> .This .note is given in accordance with section 11ol 6 of The Code of the City of Portsmouth, 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 />or notes already given for that-purpose. <br /> <br /> City Clerk <br /> <br />B-1 <br /> <br />THE CI~.F PORTSMOUTH, VIRGINIA, <br /> <br />AUTHORIZATION FOR BOND ANTICIPATION NOTE <br /> <br />Portsmouth, Va.gt,u-ust 22 19 80. <br /> <br /> The City Treasurer is hereby instructed by the City Manager and the Director of <br /> <br />Finance of the City of Portsmouth, Virginia, to make notes in <br /> to amount of $ 400~000.00 (F~ur <br /> <br />Thousand_and no/lO0 fOf~no 14,mrlw~-rl E'~Eb~'~'~'n (llfl) <br />days, to procure funds in anticipation of the issuance of bonds; said' amount to be repaid by <br /> <br />the City within five years. <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 /> C~i,ty Manager <br /> <br /> .. . <br /> ·, '~:--7~ .~, ~..:.~.-~-~--- .-. <br /> Director of Finance ~ <br /> / ~City <br /> In my opinion, the attached note is a valid and binding obli~tion of of <br /> <br />Portsmouth, Vir~nia. <~~" Att6rney~~ <br /> <br /> <br />