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DATE OF IN WHOSE NAME ~ OF SIGNATURE OF REGISTRATION: R~GIS'±'~<t~: REGISTRATION: REGISTRAR: 10. The City Manager of the City is hereby authorized ho publish and distrJbute a nohice of sale of the Bonds, such publication to be made iD_ Y~e Daily Bond Buyer, a financial newspaper published in the City of New York, New York, and in the Virginian Pilot, a newspaper of general circulation in the City, at leash once in each such ._paper, with the date of the firsh publication to be at least seven (7) days prior to the dahe of sale of the Bonds. Such notice of sale shall be in sub- stanhiatly the following form: "NOTICE OF SALE CITY OF PORTSMOUTH, VIRGINIA $12,000,O00 G~NERAL OBLIGATION BC~DS Sealed proposals for the purchase of $12,000,000 general obligation bonds hereinafter described of the City of Portsmouth, Virginia, will be received ah the office of the City ~-ianager, Municipal Building, Portsmouth, Virginia, until %~e!ve o'clock Noon, Virginia tine, on Thursday, February 28, 1980, at which tL~e and place all proposals will be publicly opened. .The !xpnds offered for sale (the "Bonds") consist of two issues of general obligation bend~: 1. $7,000,OSO Ge~neral Obligation Public Improvement Bonds maturing in the principal ~mom~t of $350,000 on March 1 in each of the years 1981 through 2000. 2. $5,000,~ General Obligation Public Utility Bonds maturing in the principal amount of $250,O00 on March t in each of the years 1981 through 2000. ~ne Bonds will be dated March 1, 1980; will be in coupon form re- gistrabte as to principal only or as to beth principal and Lnteresh; will be of the d~nc~ination of $5,000 each; and will bear interest payable September i, 1980, and semi-annually thereafter on March 1 and Septe~mber 1 of each year. Both principal of and interest on the BOnds will be payable in such coin or currency of the United States of America as at the respective dates of payment is legal tender for public and 9