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Aoril 14, 1987 <br /> <br /> The full faith and credit of th~ City are hereby <br />irrevocably pledged to the payment of the principal of and <br />info-rest. ~ this B~d as the same become due. The-pr±~cipal <br />hereof and interest hereon shall be payable from ad valorem <br />taxes, without limitation of Fate or amount, upon all <br />property within the City subject to taxation by the City. <br /> <br /> It is hereby certified, recited and declared that <br />all acts, conditions and things required to exist, happen or <br />be performed precedent to and in the issuance of this Bond <br />exist, have happened and have been perforl~ed in due time, <br />form and manner as required by law, and that the amo~n~ of <br />this Bond, together wi~h all other indebtedness of the City, <br />does not exceed any limitation of indebtedness prescribed by <br />the Constitution or statutes of the Corm~onweatth of Virginia <br />or the Char=er of the City. <br /> <br /> IN WITNESS WHEREOF, the City has caused this Bond <br />to be executed by the facsimile signatures of its Mayor and <br /> <br />· Director of Finance and a facsimile of the co,pc rate seal oi <br /> the City to be imprinted b~reon and attested by the <br /> facsimile signature of the City Clerk of the City; and this <br /> Bond to be dated as of the first day of May, ~987. <br /> <br />[SEAL] <br /> <br />CITY OF PORTSMOUTH, V~RGINIA <br /> <br />Attest: <br /> <br />Mayor <br /> <br />City Clerk <br /> <br />Director of Finance <br /> <br /> (FORM OF CERTIFICATE OF AUTHENTICATION) <br /> Certificate of Authentication <br /> <br /> This Bond is one of the Bonds delivered pursuant <br />to the within-mentioned proceedings. <br /> <br /> ], Registrar <br /> <br />Date of Authentication: <br /> <br />By: <br /> <br />Authorized Signa=ure <br /> <br />(FORM OF ASSIGNMENT} <br /> <br /> Assignment <br /> <br /> For value received <br />assigns and transfer unto <br /> <br />hereby sells, <br /> <br />PLEASE INSERT SOCIAL SECURITY <br />OR OTHER TAX IDENTIFYING NUMBER <br />OF ASSIGNEE: <br /> <br />the within-mentioned Bond and hereby irrevocabl~ constitutes <br />and appoinEs , agent, to transfer the same <br /> <br />251 <br /> <br /> <br />