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DATE R~GISTRATION: iN WHOSE NAME REGISTERED: MAnAgER OF REGISTRATION: SIGN~TgRE OF REGISTRAR: 10. The City Manager of the Ci~ is hereby authorized to publish and distribute a notice of sale of the' Bonds, such publication to be made in ~Ine Daily Bond Buyer, a financial n~spaper published in the City of New York, New York, and in the Virginian Pilot, a newspaper of general circulation in the City, at least once in each such paper, with the date of the first p,~blication to be at least seven (7) days prior to the date of sale of the Bonds. Such notice of sale shall be in sub- stantialty the following form: "NOTICE OF SALE CItY OF pORTSMOErF~, VIRGINIA $12,000,000 GL%NEPJ%L OBLIGATION BONDS Sealed proposals for the purchase of $12,000,000 general obligation bonds hereinafter described of the City of PortSmOUth, Virginia, ~-ill be received at the office of the City ~anager, City Hall, 801 Crab,ford Street, Portsmouth, Virginia, until twelve o'clock noon, Virginia time, on Tuesday, June 17, 1980, at which tin-e and place all proposals ~11 be publicly opened. The bonds offered for sale (the "Bonds") oonsist of two issues of general obligation bonds: 1. $7,000,000 General Obligation Public Impnov~nt Bonds maturing in the principal amount of $350,000 on July 1 in each of the years 1981 through 2000. 2. $5,000,000 General Obligation Public utility Bonds maturing in the principal ~ount of $250,000 on July 1 in each of the years 1981 through 2O0O. The Bonds ~11 be dated July 1, 1980; ~.~li be in coupon form re- gistrable as to principal only or as to both p~incipal and interest; will be of the denomination of $5,000 each; and %~11 bear interest payable january 1, 1981, and se~,~-~nnually thereafter on July 1 and Janusry 1 of each year. Both principal of ~d interest on the Bonds. will be payable in such coin or currency of the U~ited States of America as at the respective dates of payment is legal tender for public and