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S emi-armualty, <br />principal sum. <br /> <br /> e hereo~: paymentt of the <br /> <br />not be prepaid within three years of <br /> <br /> This note may <br />date, unless its maturity falls sooner, or Unless the holder <br />so ~gree s. <br /> <br /> This note shall.be a general obligation of the City <br />of Portsmouth, Virginia, payable from taxe~ which may be levie~ <br />without limitation of rate or amount. <br /> <br />~' THE CITY OF PORTSMOUTH, VIRGINIA <br /> <br />~ity Treasurer <br /> <br />ATTEST: <br /> <br /> ~Citj Clerk <br /> <br />~2. All actions of the City MansEer done in conmection with the <br />issuance of said $t10,000.00 of General Obligation Notes is <br />hereby confirmed and ratified. The execution of said notes on <br />behalf of the City of Portsmouth by the City Treasurer is here- <br />by~conflrm~m ~nm ratified. The action Of the City Clerk in <br />affixing the seal of ohe C~ty~ to said notes and attesting ~'= e <br />to is h~reby confirmed and ratified. .~ <br /> <br />3. The x~ull faith an~ c~edmt o~ the Cmty of Portsmouth is hereby <br />pledged to the principal-of and intsrest on the notes as the same <br />become due. For the payment of such principal and interest, the <br />City of Portsmouth shall have p~wer and be obligated to levy and <br />ad valorem ~ ~ <br /> ,axe~ without limitation as to rate or amount on all <br /> the property subject to taxation by.the City. <br /> <br />ginia, <br /> <br /> Adopted by the Council of the City of Portsmouth~ Vir- <br />a~ ~ me~n~ held January 12, <br /> <br />Teste: <br /> <br />Ca~ Clerk <br /> <br /> <br />