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o2,DiNAiiC~ TO AUi'HORTZE ~S~ !SShAifCE ~' ONE FTLLION [~RS OF 3ON~S TO ,~. ~DITiONS ~ TRi{ ~NS%~H ON !AiI~R i.}OTt~S Ti~ CtTY~ PUNSU~~ TO SP~'ION . ~, 6~LRh~3E {B), OF ~ ~NSTITUiUON OF VING!NIA~ ~D G~A~SN 5 OF TI~ i. OF Ti~ CODE OF ~RG~:iA, 1950, ~TD Oi~DriR AUN~OF{~ OF ~ V~E OF T~ &i,'G~!2~P{ DAY OF NO~I,~ER, 196t~ -~J~) P~IHG P~SION FOR ~ ~{ OF SAYD W}~NEAS, the City of Poz~sSmouth is authorized ~o es~sf01ish or en- large water work~, end ~der ~d bK ~ue of Chapter 5 of Tit!~ 15.1 of the Code of Vir~nia, 1950, the Co~cii of ~my ciby h~ t~s State wPlich is au- thorized ~o acq~, ~onst~ct, ~c~suNuc~, i~!oro~, extend or eni~ae ~y ~evenue pro~ucLng ~nde~g, m~y, ~ acco~ce v~th Section ~e H~nd~d nra r~{enty-seven, Clause (b), of the Constitution of Virg~ia~ issue so m~ ~onas ~ ~ be necess~y to acq~, const~ct, ~construot, improve, extend c enl~m~e ;~y ~venue produc~g ~nder~.~:i~; ~nd }~iB}V6~3, it is necessa~ ~na ,~xoe{~ent to make certain improvements~ ex;3m~sions and additions to the sL~stem of water works of the City of mouzh and to issue bonds of the City ~_n the sum of ~e Million Dollars for T,.~at puPpose ~ ?SP~AS, Section One Htmdred and Twenty-seven, Clause (b)~ of the Constitution of Vir~ir~a, requires t~he ordinance authoriz~g the issusme of such bonds to be approved by the affirmative vote of the ~ority of the qualified voters of the City vot~_ug upon the question of t~ieir issuance, at the p~nerai election next succeeding the enactment of the ordinance~ or at a special election held For that pturpose~ and '~£a~SAS ~ by virtue of mn ordinance adopted by the Council of the City of Portsmouth on the seventeenth davy of 0ctober~ 1961~ entitled~ "An Ordinance to Authorize the Issuance of Five }~llion Six Hundred Thousand ~:_iars of Sends to be Knovm as Water Bond% For the Purpose of Making Improve- F~nts, Extensions and Additions to the System of Water Works of the City~ Ptu~s~ant to Section One Hundred and Twenty-seven~ Clause B~ of the Constitution of Vir~a, and Chapter 19.1 of Title ~5 of the Code of Vir~nia, 1950", the Cour~ of Hustings for the City of Portsmouth, by an order entered on the eighteenth day of October, 1961~ directed that there ce sub.T~tted to the qualifie~ voters of the City of Portsmouth at -sa election to be held on the seventh d~y of November, 1961, the question whether the bonds authorized by the said ordinance should be issued; and ~ti~-~AS, by another order entered by the said Court on the twenty- seventh day of November~ 1961, it was entered of record as a result of said election that a majority of the votes were cast for the bond issu% and that t~ Council of the City of Portsmouth be fully authorized and e~powered to prepare snd issue and to sell or to negotiate said bonds upon the faith~ credit and property of said municipality in the amount so authorized; s~d