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Section III. There is hereby directed to be annually levied and collected <br />a tax upon all taxable property within the City, sufficient To pmy principal and <br />interest on said bonds as same respectively mature. <br /> <br /> Section IV. ~is ordinance being necessary for the preservatio~ of the <br />public morals, health and safety, an emergency is declared to exist and it shall <br />take effect from its passage, <br /> <br /> Adopted by the Council of the City of Portsmouth, Virginia, at a meeting <br />held on ~rch 20, 1962. <br /> <br /> Tes~e: <br /> <br />City Clerk. <br /> <br />-8- <br /> <br /> <br />