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1980 Resolutions
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1980 Resolutions
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Last modified
7/17/2001 6:05:53 PM
Creation date
6/22/2001 4:07:38 PM
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Ord/Resolutions
Year
1980
Ord/Resolutions - Type
Resolutions
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"LEGAL NOTICE <br /> <br /> kbtice is hereby given pursuant to Section 15.1-199 of the Code of <br />Virginia, 1950, as amended, ~ha% ~he Council of the City of Portsmouth, <br />Virginia, adopted on May 27, 1980, resolutions authorizing the <br />issuance of $7,000,000 principal amourfc of General Obligation Public <br />Improvem~_nt Bonds mhd $5,000,000 principal amount of C~neral Obligation <br />Public UtiliLAz Bonds of said City and caused certified copies of said <br />resoluhions to be filed in the Circuit Court of the City of Portsmouth <br />on <br /> <br /> The proceeds of sale of said Public Imprc~¢em?~nt Bonds shall be <br />applied to the payment of the costs of the following public improvement <br />projects in substantially the following respective ~mounts: <br /> <br />Conm~nitqf Services <br />F~ucation <br />Parks and Recreation <br />Public Safety <br />Urban Transportation <br />Drainage, Curbs, Gutters and <br /> Street Inprov~nhs <br />Urban Renewal <br />C~awford Harbor Improvements: <br /> Parking Garage Construction <br /> City Hall Building Improvements <br /> <br />$ 270,000. <br />1,409,137. <br />28,000. <br />70,275. <br />923,680. <br /> <br />562,481. <br />414,427. <br /> <br />2,470,000. <br />. 852,000. <br /> <br />provided tt~t if any project set forth above shall require less than the <br />entire respoctive mmoun~ set forth above, the difference rnaybe applied <br />to anyoC/ler project set forth above. <br /> <br /> The proceeds of sale of said Public Utility Bonds shall be applied <br />to the payment of the costs of capital improv~ants, extensions and <br />additior~ to said Ci~.y's revenue-producing wa%er and sewerag? system." <br /> <br />12. All other resoiutions, ordinances or orders or parts thereof <br />-inconflictwi+~hthe provisions of this resotuhionare ~o t~ exte~nt of <br /> su~conflicthereby repealed. <br /> <br />13. This resolution shalttake effect frcra%the date of ihs adoption. <br /> <br /> Adopted by the Council of the City of Portsmouth, v~ginia, at a <br />n~eting held }~y 27, 1980. <br /> <br />City Clerk <br /> <br />13 <br /> <br /> <br />
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