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1979 6.00 1989 5.10 <br />1980 6.00 1990 5.10 <br />1981 6.00 1991 5.10 <br />1982 5.30 1992 4.00 <br />1983 4.70 1993 4.00 <br /> <br /> Both principal of and interest on each of said issues of <br />bonds shall be payable in lawful currency of the United States of <br />America at the principal office of The Chase Manhattan Bank <br />(National Association), in the City of New York, New York. <br /> <br /> SECTION 3. The action of the City Manager in causing <br />the aforesaid bonds to be offered for sale having the date, inter- <br />est payment dates, numbers, denominations and maturity dates as <br />set forth above and the form and provisions of the Notice of Sale <br />of said bondsas published and circulated by the City Manager and <br />such publication and circulation are hereby ratified, confirmed <br />and approved. <br /> <br /> SECTION 4. CUSIP identification numbers shall be im- <br />printed on the aforesaid bonds° Such numbers shall not, however, <br />constitute a part of the contract evidenced by said bonds and <br />no liability shall attach to the city or any of the officers or <br />the agents thereof including the paying agent for suchbonds, on <br />account of any error or ommission with respect to said numbers. <br /> <br /> SECTION 5. The City shall comply with the requirements <br />of Section 103(d)(2) of the Internal Revenue Code of 1954 and the <br />applicable regulations of the Internal Revenue Service adopted <br />thereunder, throughout the term of said bonds. The provisions of <br />this section shall be a covenant with the purchasers of said bonds. <br /> <br /> SECTION 6. This resolution shall take effect from its <br />passage. <br /> <br /> Adopted by the Council of the City of Portsmouth, Vir- <br />ginia, at a meeting held November 15, 1973. <br /> <br />Teste: <br /> <br />City Clerk <br /> <br />-3- <br /> <br /> <br />