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<br />maximum projected amount of public utility general obligation bonds and notes to be issued is <br /> <br />not expected to exceed $17,660,000. <br />2. That this Resolution 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 on <br />December 8,2009. <br /> <br />Teste: <br /> <br />City Clerk <br /> <br />2 <br />