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Dated a~ Portsmouth Virginia, this <br /> <br />day of <br /> <br />, 19 <br /> <br />DATE OF REGISTRATION <br /> <br />City Auditor <br /> <br /> " D <br />NA~E OF REGISTmRE HOLDER <br /> <br />REGISTERED BY <br /> <br /> Section II. Full power and authority is hereby given the City U~nager of <br />the City of Portsmouth to prepare and issue the said bonds in such foIm~ and for <br />such sum as authorized by the preceeding section. The said City Manager is <br />authorized to cause to be printed on the back of each of said bonds ~ copy of <br />the complete final legal opinion with respect to said bonds, with the name of <br />the attorney or attorneys rendering same, together with a certification of the <br />City Clerk, evidenced by the facsimile signature of that officer, to the effect <br />that the copy is a true and correct copy of the legal opinion which was dated <br />as of the date of delivery and payment of the bonds. Full power and authority <br />is hereby given the said City 5~nager ~o make sale of the said bonds, and in <br />such manner, a~ such time and place as the said City Manager may determine; pro- <br />vided, however, that the same shall no~ be sold upon a basis which will cos~ the <br />City of Portsmouth interest at the rate of more than six per centum per annum, <br />and that no sale shall be made without the approval of the City Council. The <br />said bonds shall be subject to no ~axation by the City of Portsmouth, and the <br />said coupons shall be received in payment of all dues, taxes and assessments <br /> <br />due to the said City. <br /> <br />-7- <br /> <br /> <br />