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'IA RESOLUTION AUI~HOP~iZING %m~E ISSUA~CE OF EIGHT ~ILLION ($8,000,000.00) <br />DOLLARS OF BOi,~DS OF %~]~ CITY OF PO~TSMD~Ji~H~ V~RG!NT~, TO BE ~0~ AS <br />G~AL OBLIgaTION BONDS, FOR %i~ PURPOSE OF PRO~v%DING FUN~S TO CO~2fPLY <br />~[~H THE ORD~ ~N'r~id~D IN THE CIRCUIT COURT OP ~TH~ CITY OF CHESAPE~2~E, <br />VIRGINIA, ON OC~%OB~R 2, 1967 ~ ~2~'~Y_Ii{G C~--~RTAIN T~RRITORY TO ~HE CITY OF <br />FORTgMDUIJH EFFECTIVE J~fO~RY 1, 1968; TO PAY T~E EXPKNSES INCUP~RED AS A <br />RESULT OF ~E RECW~8~2 ~WNF22ATION PROCEEZOINGS; BJ~ TO PO]RCHASE FIRE EQ~JIP- <br />I~f, SCHOOL BUSES ~MD VOTING P~tCHt}~S FOR USE BI THE SAID LII~D~D <br />'±~tRITORY; ~\e }~t~KING PROVISION FOR TPB F0~t OF SAI0 BON}S A~ FOR ~ <br />PAt~T ~F~, adopte~ April 23, 1968, ~nder said Chapter 5. <br /> <br /> It is hereby certified mhd recited that all acts, conditions <br />and things ~required by the Constitution and Statutes of the State of <br />Virginia, to exist, to b~ve happ~ned~ ~nd to be performed precedent to <br />mhd in the issuance of t~is bond, exist, have happened mhd have been <br />pe_~ormed in due t~e, form mhd mariner as required by law, and that the <br />issue of bonds of which this is one, together with all other indebte~ess <br />of the City~ is within the otherwise authorized indebtedness of said City, <br />and is within every debt and other limit prescribed by the Constitution <br />and laws of the State of Virginia.. . <br /> <br /> The full fait~ and credit of the City of Portsmouth are hereby <br />irrevocably pledged for the payment of t_he principal smJ interest of this <br />bond. This bond is not subject to taxation by the ~ity of Portsmouth and <br />the coupons hereto attached mba!l, at and after maturity, be received in <br />payment of all dues, taxes and assessments due to the City. <br /> <br /> IN WITNESS WHEREOF, the City of Portsmouth has caused this bond <br />to be manually signed by the ~yor and to be signed by the facsJ_~ile signa- <br />to~e of the City Treasurer of sai~ City, and a facsimile of the seal of <br />the City to be imprinted hereon, attested by the facsimile signature of <br />the City ~Clerk~ and the coupons hereto attached to be authenticated by the <br />facsimile signature of the City T~easurer ~nd this bond to be dated June !, <br />1968. <br /> <br />Mayor of the City of Portsmouth, Virginia <br /> <br />Attest: <br /> <br />No. <br /> <br />City Clerk <br /> <br /> City T~easurer <br /> <br />- OF COUPON) i <br /> <br /> <br />