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sha. ll be pay~able not exceeding thirty (30) years ~ its date, and <br />said bonds shall bear interest at a rate or rates ;o be hereafter <br />determined by the Council, upon the sale of 'said bonds, provided that <br />the maximum rate of interest shall n~t exceed six per centuu (6%) <br /> <br /> SECTION 2. An ~mergency exists and this ordinance shall <br />b~e in effect fr~ its' passage~. <br /> <br /> Adopted by the Council of the City of Portsmouth, Virginia, <br />at a meetinE held June !14, 1966. <br /> <br />Teste: <br /> <br />City Clerk <br /> <br /> <br />