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<br />19. Effective Date: Applicable Law. In accordance with Section 15.2-2601 of the <br /> <br />Public Finance Act of 1991, Chapter 26, Title 15.2 of the Virginia Code (the "Act"), the City <br /> <br />Council elects to issue the Bonds pursuant to the provisions of the Act. This Ordinance shall <br /> <br />take effect immediately. <br /> <br />ADOPTED by the Council of the City of Portsmouth, Virginia, at a meeting duly called <br /> <br />and held on April 23, 2013. <br /> <br />(~ <br /> <br />Debra Y. White <br />Clerk, City of Portsm <br /> <br /> <br />~/ <br /> <br />-11- <br />