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A_N ORDINANCE AL'~HORIZING TIlE ISSUANCE OF EIGI{T HD~DRED FIFTY <br /> ~D ~ OF B~S ~ ~ CI~ ~ ~R~, VIRGIN~, ~ BE <br /> ~ AS GE~L ~T B~DS, FOR ~ ~E ~ ~G, ~ID~ING <br /> A~ ~G C~TA~ S~S, INS~IN~ ST~ D~INS, C~ ~ G~RS <br /> ~ A~UIR~G ~D ~ROVING F~ ~ICI~ P~IC ~ES C~IN <br /> ES~TE ~ BUI~GS IN ~ ~ID CI~', ~KING PROVISION FOR *f~ FO~ <br /> OF ~ID ~S ~ F~ ~ ~T <br /> <br /> ~$~ it is n~es~ to open, wid~ and pave certain streets, <br /> <br /> a~ to i~tall sto~ d~ins, curbs and ~tters, ~d ~o acquire and ~Drove for ~ni- <br /> ci~l ~blic ~es certain real es~te ~d ~ildi~s in the City ~f ~rtsmouth, <br /> Vi~inia, at ~ esti~t~ c~t of Eight ~r~ Fifty ~ou~nd ~ltars; <br /> <br /> ~S, ~er$ are n~ fu~s in the treasu~ of the City of ~rtsm~th <br /> applicable to th~ ~ent of the cost of ~id i~prov~t$ ~nd property, <br /> acco~ingly n~essa~ ~o issue bo~s of the CitF in ~e ~ of Eight H~dred Fifty <br /> ~ous~ Dollars for ~t ~rpose. <br /> <br /> N~, ~0~, BE IT ~ BY ~ CO~{C~ OF ~ CI~ OF ~RTS- <br /> <br /> Section I. ~at for the p~r~se ~f p~viding funds for the o~ning, <br /> Wid~i~ ~ ~ViD~ ~ ceftin streets, instaltin~ s~o~ d~ins, c~rbs and ~tters, <br /> ~d acquirin~ aR4 ~pr~ing for m~uici~l ~blic ~rposes ceftin real estate and <br /> ~ildi~s in the City of ~rts~th, Virginia, there s~ll be issued ~ght H~dr~ <br /> FifZy ~nd ~llar$ of ~ds of said City ~o be kno~ ms G~ral ImDrov~ent <br /> consistl~ of eight h~udred and fifty ~onds of the den~tion of ~e ~sand ~llar$ <br /> ~ch, n~ber~ I Zo 850, both inclusive, ~t~ Jan~ry 1, 1959, ~d b~rin~ <br /> <br />~r~ date ~ble s~i-a~lly on J~y 1 ~ Janua~ 1 of each y~r at such rate <br />at such diff~m~ or v~in$ ~tss, ~t to exce~ six per cen$~ per ann~ on any <br />~d, az ~y ~ fix~ ~ the City Council prior ~o their ~ecution. ~th princl~l <br />~d interes~ of ~id bends sh~il ~ ~yable in 1~1 ~ur~cy of the Unit~ States <br /> <br /> <br />