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ViRC:4%i :~_ pron:ises to pay to <br /> <br /> 123 <br /> <br />Citizer~ Trust <br /> <br />r c. rc:-r, neeotiable and payable without offset, at said bank <br />Your H~r~3-~ed Thousand aund no/t00 <br /> <br />Portsmouth. \'a...De_aa.bar i5 i', 80 <br /> <br /> after dale Ih: CIT\' OF I'(~K-I-SSiOVTtt. <br /> <br /> o:' t'O RTS?,lOt"r H. X',.. <br /> <br />Dollars <br /> <br />for vaiu: received. <br /> <br /> This nora is Wen in accordance with section 11-16 of The Code of the CiLv of Portsmouth..Vir~nia. <br />i 73. in order to procure funds in -amieipation of the issuance of bonds or in renewal or continuation of a note <br />or no,es alreaay raven mr that put <br /> <br />AUTHORIZATION FOR BOND .,MN'i~ICIPATION NOTE <br /> <br />B-2 <br /> <br />Portsmouth, Va., 12/15 19 80- <br /> <br /> The City Trea~rer is hereby instructed by the City Manager and the Director of <br />Finance of the City of Portsmouth. Virginia. to make notes in CifJ. zens _Trout Bank <br /> to amoun~ of S 400,000.00 (Fo'~ H~nc~'eci Th'ousi~_r~ <br /> =-,~ ,,~.,/_,0,, for-123- (One E~q~Lre~ "giventy ~nree) <br /> <br />procure funds in anncipafion of the issuance of bonds; said amount [o be. repaid b:< <br /> <br />the City within five years. <br /> <br /> This instruction is given in accordance with section 11:16 of The Code of the Cit.v of <br /> <br />~---o,~q,.?i~ vlrglma, t97o. <br /> <br /> In ~y <br /> <br />t ....~:c .... Virginia. <br /> <br /> City Manager ' <br /> <br /> · " / Dire~ct~r of Finance // <br /> / <br /> .' <br />opinion, lhe attached note is a valid and bindine .obligation of ~ City of <br /> <br />C'lt',' <br /> <br /> <br />