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?C~ ORDINANCE APPROPRIATING T!!}! SUni OF <br />$80~000,00 TO COVER THE COST OF PP()VtDiNG <br />TEN },IOBiLH CLASSfiOO,qS FOR USE 5Y TIiE SCHOOL <br />BOARD AND At~'IiORIZINC; AN ISSUE OF BONDS THEREFOR, <br /> <br /> Be it ordained by the Council of 5i-,e City o? Pcrtsmouth~ <br />Virginia: <br /> <br /> Section 1~ That the sum oF S80~00~},00 is hereby appropria~em <br />to cover the cost of prow. d~ng cch ~,,obile classrooms for use by thc <br />School board, <br /> <br /> Section 2. That in order to -0rovide for said I arm, anent k'ublic <br />~morovemen~s~ bonds of the City of Portsmouth in the ag~.~e..e <br />sum of 580,000.00 are nereb, authorized to be issued~ ~o be dated a~ o~ <br />the date of zheiz actuaI lssu% to bear interesz at n rate not ~o exceed <br />six (6) per cenzum per annum and to be payable in twenzy (20] annual <br />installments, beginning with the first ~nniversary of the da~e cf snid bonds, <br /> <br /> Section 3, That tills ordinance beinR necessary for the preservation <br />of t~e public health~ morals, and safet/~ an emergency ~s declare<~ <br />and it shall take effect from i~s passage~ <br /> <br /> Adoi~ted by the Council of the City of ~ortsmouth~ Virginia~ ac a <br />meeting held on June 26, I962. <br /> <br />City Clerk¢ <br /> <br /> <br />