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that .the interest of such Bonds is exempt frc~ taxation by the united Sta~es of 'America under existing law and under the existJ-ng law of the Con~o~th of Virginia such interest is not inCl~hle in cc~put/ng the Virginia income tax. A copy of the respective opinion will be printed on the respective Bonds. Requests for proposal foIms, for the official statement pertaining to t~he ~onds and for further information should be addressed~to Mr. Roy W. Cherry, Director of Finance, City of Portsmouth, P. O. Box 820, Portsmouth, Virginia 23705. Proposal forms and the official stat~T~nt may also be obtained at the office of Messrs. Wood Dawson Love & O'Brien, 48'Wall Street, New York, New York 10005. Robert T. williams City Manager Portsmouth, Virginia" 11. The City Attorney of the City shall and i~s hereby directed.to ~ile a copy of this resolution, certified by the City Clerk of the City to be a true copy hereof, with the Circuit Court of the City of Ports- mouth, Virginia, and said City Clerk shall and is hereby directed to publish once within ten (10) days of the date.of su~ fi.ling a n_o. tice.in The Virginian-Pilot, a newspaper of general circulation mn the City, rn accordance with Section 15.1-199 of the Cede of Virginia, 1950, as amended. Such notice shall be in substantially the following form: Notice is hereby given pursuant to Section 15.1-199 of the Cede of Virginia, 1950, as amended, that The Council of the City of Portsmouth, Vi~iDia, adopted on September 27, 1977, resolutions authorizing the issuance of $7,000,000. principal amount of General Obligation Bonds and $3,000,000. principal amount of Public Utility Bonds of said City and Caused certified copies of said resolutions to be ~iled in the Circuit Court of the City Of Portsmouth on . The proceeds ~of sale of said C~_neral Obligation Bonds shall be applied to the payment of the cests of the following public improvement projects in substantially the following respective amounts: C~n~m/nity Services Education Parks and Recreation Public Safety Urban Transportation Drainage, Curbs and Gutters Urban Renewal Seawall and Waterfront Improvements $ 336,820.00 610,112.00 439,512.00 97,150.00 1,043,600.00 469,581.00 849,154.00 3,154,071.00 provided that if any project set forth above shall require less than the entire respective amount set forth above, the difference may he applied to any other project set forth above. 13