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-4 <br /> <br />The <br /> <br /> Year of <br /> M~aturit~ <br /> <br /> 1970 <br /> 1971 <br /> - 1972 <br /> 1973 <br /> 1974 <br /> 1975 <br /> <br />proceeds ariszng from <br /> <br />Amount Year of Amount <br />Maturin~ Maturit_z Maturinl <br /> <br />80,000 <br />80~000 <br />80,000 <br />120,000 <br />120,000 <br />120,000 <br /> <br />1976 $ 80,000 <br />1977 80,000' <br />1978 80,000 <br />t~79~ 80,000 <br />1980 50,000 <br />198t 30,000 <br /> <br />the sale of the Utility Bonds shall <br /> <br />be applied to the payment of the costs of acquiring, construct- <br />ing, reconstructing, improving, extending.or enlarging the <br />revenue producing undertaking of the City, consisting of its <br />water, sewer and sewage disposal system of the City and to no <br />o~t~e~ p~rp-ose. <br /> <br /> -"The Utility Bonds shall be signed by the Mayor and by <br />t~eCity Treasurer of the City of Portsmouth~ either of whose <br />signatures upon the Utility Bonds may be a facsimile of his <br />signature. A facsimile of the seal of the City o~ Portsmouth <br />shail be zmprzntea~ thereon, attested by the fac~%mile signature <br />of the City Clerk° The coupons attached to the Utility Bonds <br />shall be signed by the facsimile signature of the City Treasurer. <br />The Utility Bonds and coqpons pertaining thereto shall be <br /> <br />substantially in the following form, to wit: <br /> UNITED'STATES OF <br /> C~OiYW~ALTH OF VIRGINIA <br /> <br /> CiTY OF PORTSMOUTH <br /> <br /> UTILITY BO~ <br /> <br /> $5,000.00 <br />The City ~f Portsmouth, a municipal corporation of the <br /> <br />Con~monwealth of Virginia, hereby acknowledges itself indebted <br />for value received and promises to pay to the bearer: or if this <br />bond be registered, to the registered holder hereof, on the <br /> <br />~a¥ of 19 the s~ of Five Thousand Dollars~ <br /> <br /> <br />