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It is anticipated that cgs!P identification numbers will be printed on the Bonds, but neither the failure to print any SUch ~umber on any Bond nor any error or omission with resoect thereto shall constitute cause for failure or refusal by the successful bidder for the Bonds to accept delivery of and pay for the Bonds in accordance with the temms of its proposal. No CUSIP identification numker shall constitute or be deeme~ to be a panic of any Bond or a psm~ of the contract evidenced thereby and no liability shall attach to the City or any of its officers or agents because of or on account of any such number or any use made ~hereof. All expenses in relation to. the printing of CUSIP identification numbers on the Bonds shall be paid for by the City_; provided, however, ~hat the CUSIP Service Bureau charge for the assignment of said numbers shall be the responsibility of and shall be paid by the successful bidder for the Bonds. The respective opinion of M~ssrs. ~pod & Dawson approving the validity of each issue of Bonds will be furnished the SUccessful bidder for the BOnds. Each such opinion will state ti/at the re _spechive BOnds constitute valid and legally binding obligations of ~-he City and that the City has power aund is obligated to levy ad valorem taxes for the payment of such Ponds ~nd the interest f_hereon upon all property wi~_kin the City, subject to t~hion by the City, without limitation of rate or amount, it being understood that the rights of the holders of such Bonds and the enforceability thereof may be subject to judicial discretion, to the valid exercise of the sovereign police powers of the Conn~nwealth of Virgir~ia and the Constitutional powers of the United States of ~/nerica, and to valid bankruptcy, insolvency, reorganization, moratorium and other laws for the relief of debtors, and will also state that the interest on such Bonds is exempt from taxation ~3 the United States of America ~nder e>fLsting law and regulations under the existing law of the ~wealth of Virginia such interest is not includable in contouring the Virginia income tax. A copy of the respective opinion will be printed on the respe~ive Bonds. Recfaests for proposal forms, for the official statement pertaining to the Bonds and for f~rther infozmation should be addressed to ~ir. RCY W. Cherry, Director of FJ_n~nce, City of Portsmouth, P. O. Pox 820, PortsnDu+~l, Virginia 23705. Proposal fo~ms and the official statement may also be obtained at the office of Messrs. Wood & D~son, 48 Wall Street, NeW York, New York 10005. Robert T. Williams City M~nager Poztsmonth, Virginia" 11. The City Atto~ney of the City shall end is hereby directed to file a copy of ~his resolution, certified by the City Clerk of the City to be a true copy hereof, ~th the Ciroait Court of ~he City of Porhs- nout~h, Virginia, and said City Clerk shall and is hereby directed ho publish once within ten (10) days of the date of such filinq a notice in the VirgirJ~nn Pilot, a newspaper of general circulation in the City, in accordance with Section 15.1-199 of the Code of Virginia, 1950, as amended. Such notice shall be in substantially the following form: 12