Laserfiche WebLink
of that officer, to the effect tb~at the copy is a true and ~orrect copy <br />of the legal opinion wlnich ~s dated as of the date of delivery and pay- <br />ment of the bonds. Fof[1 power and authority is hereby given the said <br />City M~nager to make sale of the said bonds~ and in such ma~ner, at such <br />time and place as the said City M~aoager may determine; ~rovided, however, <br />that the ssme shall not be sold upon a basis which will-cost the City of <br />Portsmouth mntexes~ at the rate of more than six per centum per annmm, <br />and that no sale shall be made without the approval of the City Co~mcil. <br />The said bonds shall be subject to no taxation by the City of Portsmouth, <br />~d the said coupons shall be received i~ pa~vment of all dues, taxes and <br />assessments due to the said City. <br /> <br /> Section 3. ~nere is herebx~· directed to be armually levied and <br />collected a tax upon all taxable ~roperty within the City~ s~fficient to <br />pay principal and interest on sai~ bonds as smme respectively matmre. <br /> <br /> Adopted by the Council of the City of Portsmouth, Virgir~ia, at <br />a meeting h~ld on April 23~ 1968. <br /> <br />Teste: <br /> <br />City Clerk <br /> <br /> <br />