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October 27, 1992 <br /> <br /> WHEREAS, passage of these three referenda will create 3,600 <br />new jobs, generate 22 million dollars in new revenue, and will not <br />jeopardize Virginia's AAA bond rating; and <br /> <br /> WHEREAS, the Portsmouth Community Services Board has <br />encouraged Virginians to vote for passage of these referenda. <br /> <br /> NOW, THEREFORE, BE IT RESOLVED that the Council of the City <br />of Portsmouth, Virginia endorses the passage of all three <br />referenda on the November 3, 1992, ballot, authorizing the <br />issuance of general obligation bonds of the Commonwealth of <br />Virginia and encourages the voters of Portsmouth to vote "YES" on <br />each question of whether the referendum should take effect." <br /> <br />Ayes: Clemons, Epperson, Griffin, Hawks, King, Pitts, Webb <br />Nays: None <br /> <br />On motion meeting adjourned at 9:53 p.m. <br /> <br /> <br />