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1Oo .The City Manager of the City. is hereby authorized.to publish and distribute ~a notice of sale of t_b3a bonds, such publication to be made in The 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 least once in each such paper, with the date of the first publication to be at least sevan (7) days prior to the date of sale of the bends. Such notice of sale shall be in substantially the following form: CITY OF PO~, VIRGIN/A $10,000,0CO. GIIkrERAL OBLIGATION BONDS Sealed proposals for the purchase of $10,000,000. general obligation bonds hereinafter described of the City of Portsmouth, Virginia, will he ~recieved at the office of the City Manager, Municipal Building, Portsmouth, Virginia until twelve o'clock Noon, Virginia time, on Thursday, October 27, 1977, at which time and place all proposals will be publicly opened. The bends offered for sale (the "Bonds") consist of two issues of general obligation bonds: 1. $7,O00,O00. General Obligation Bonds maturing in the principal amount of $350,000. on January 1 in each of the years 1979 through 1998. 2. $3,000,000 Public Utility Bonds maturing-~in the principal amount of $!50,000. on January 1 in each of the years 1979 through 1998. The Bonds will be dated November 1, 1977; will be. in coupon form registrable as to principal only or as to both principal and J~nterest; will be of the denomination of $5,000. each; and will bear interest payable July 1, 1978, and semi-annually thereafter on January 1 and July 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 the paymant of public and private debts, at the principal office of The Chase Manhattan Bank (National Association) in the City of New York, New York, except that interest on any bonds while registered as to both principal and interest shall be paid by the City. The Bonds of each issue maturing on and after January I, 1989, shall be subject to redemption at the option of the City prior to their stated maturities on or after January 1, 1988, in whole at any time, or in part frc~n time to time on any interest payment date in any order 10