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Section 5. The bonds authorized [by this ordinance shall not be <br />included in determining the limitation up.o9 the p~wer, o. the City to incur <br />indebtedness under the provisions of Sectl0n One ,tunore~ and Twenty-seven, <br />Clause B~ of the Constitutio~ of Virglnia~ 'but from and after November ~ <br /> and for so lon~ as the wate~ works ~ystem constructed ~n~ <br />1966, whenever~ - -~ ~ ~-~ fai~s to nroduc~ sufficient revenue <br />~P~e~h~U~2~ ~°~t~n~ ~istrStlon,~(ln~luding ~n~r~u~es <br />bonds issued therefor, ~d the cost of insurance against loss 3 <br />to persons and property), ~d an annul am~t to be covered into a sinking <br />.............. or before maturity all bonds issued on acco~ of <br /> ......... u ..... *em all such bonds outstanding Shall De lnc~uu~u ~.~ <br /> indebte~ess. <br /> Section 4. ~is ordinance being: necessa~ for the prese~'ation of <br /> the public moralS, health ~d safety, an emergency is declared to exlst and <br /> it shall take effect from its passage. <br /> <br /> Adopted by the Council of the City of Portsmouth~ Virginia~ at a <br />m~eting held on January 22~ 1965. <br /> <br />Teste: <br /> <br />City Clerk <br /> <br /> <br />