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subject to no taxation by the City Of lmortsmouth, and the said coupons shall be <br />received in payment of all dues, taxes and assessments due to the said City. <br /> <br /> Section III. There is hereby directed to be annually levied and <br />collected a tax upcm all taxable property within the City, sufficient to pay principal <br />and interest on said bonds as same respectively mature. <br /> <br /> Sect/on IV. This ordinance being necessary for the preservation o£ <br />the 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 <br />meeting held on November 11, 1958. <br /> <br /> Teste: <br /> <br />City Clerk <br /> <br />-7- <br /> <br /> <br />