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October 27th 1953. <br /> <br /> "RESOLVED, that the City of PortsmouTh borrow from the <br /> Citizens Trust Company, Portsmouth, Virginia, the sum of <br /> One Hundred Thousand .Doltars ($t00,000.00), in anticipation <br /> of the collection of the revenues of the City for the fiscal <br /> year 1953-54; that the proper officers be authorized to make <br /> a note or notes maturing at any time prior to June 30th, <br /> 1954, and the revenues of the City for .the fiscal year are <br /> pledged to the repayment of such borrowing." <br /> <br /> RESOLVED, that the City of Portssmouth borrow from the <br /> Bank of Virginia, Portsmouth, Virginia, the sum of One <br /> Hundred Thousland Dollars ($100 000.00), in anticipation of <br /> the collection of the revenues ~f the City for the fiscal <br /> year 1953-54; that the proper officers be authorized to ma~e <br /> a note or notes maturing az any time prior to June 30th, 1954 <br /> and the revenues of the City for the fiscal year are pledged <br /> to the repayment o~ such borrowin~" <br /> <br /> O3~ 'mo~i0n ~ ,/~r ~ ~r£mes, ~said .r.-esolut~ion~ 'wer6?~d~pte~. <br /> <br /> 13th -I'submif the attached communication from the Norfolk County Board of Supervisors <br />transmitting a resolution regarding smoke condition in the Highland Park Highland-Biltmore sections of Norfolk <br />County." <br /> <br />recommend that <br /> <br /> Motion of Mr.~ ' ~H°ward to refer to the City Manager was adopted. <br /> <br /> 14th - "I Submit two bids received for the purchase of the City Market Building, and <br />the highest bid be accepted." <br /> <br />Motion of Mr. Howard to defer until the next regular meeting, was adopted. <br />On motion adjourned. <br /> <br /> Clerk. <br /> <br />Approved- <br /> <br /> President. <br /> <br /> <br />