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1966 Ordinances
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1966 Ordinances
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7/17/2001 6:47:15 PM
Creation date
6/28/2001 5:20:21 PM
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Ord/Resolutions
Year
1966
Ord/Resolutions - Type
Ordinances
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to renew any such notes beccm~ng d~e~ w,hen such <br />renewals m~e necessary, Each such loan shall <br />mature and be paid within two years from the date <br />of its original issue. A~y such loans may be <br />retired by means of current revenues, special <br />assessmants, or other funds, in lieu of retiring <br />them by means of bonds, provided that the maxf~m~n <br />amount of bonds that has been authorized shall be <br />reduced by the amount of such loans retired in <br />such manner. <br /> <br />Sec. 10-20. Accmmpanying certificate. <br /> <br /> (a) The certificate hereinafter set out shall <br />accc~De~ny each note for the borrowip,~ of ~%unds <br />issued pursuant to Section 10-18 above. Such <br />certificate shall be, as appropriate, in either <br />of the followirg forms: <br /> <br /> Ports~aouth, Va., 19 <br />The City Treasu_~er is hereby inst~c~ by the <br />~,h~yor of the City of Portsmouth, Virginia, and the <br />City ~,'~nsger, to make notes in <br />to amount of ~ for <br />days, to meet current ex~f the City; sai~'~-- <br />amount to be repaid from revenues of the City <br />with~m one year. <br /> <br />This instruction is given in accordance witB <br />section 10-18 of The Code of the City of Portsmouth, <br />Virginia, 1961. <br /> <br /> [~'~yor <br /> <br />-- ~y Mansger <br /> <br /> <br />
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