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ORDINANCE NO. 2004-19 <br /> <br />AN ORDINANCE APPROPRIATING $250,000 FROM THE PORT FUND FUND <br />BALANCE TOWARD THE INITIAL CAPITALIZATION BASE OF THE CITY <br />DEVELOPMENT COMMISSION, 1NC. <br /> <br /> BE IT ORDAINED by the Council of the City of Portsmouth, Virginia: <br /> <br /> 1. That the sum of $250,000 is hereby appropriated from the Port Fund for <br /> <br />the initial capitalization base of the City Development Commission, Inc. <br /> <br /> 2. That this ordinance shall take effect on the date of its adoption. <br /> <br /> ADOPTED by the Council of the City of Portsmouth, Virginia at a meeting held <br />on May 25, 2004. <br /> <br /> Teste: <br /> <br /> <br /> City Clerk <br /> <br /> <br />