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Minutes 10/01/1985
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Minutes 10/01/1985
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8/24/2001 7:15:01 PM
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City Council
City Council - Type
Adopted Minutes
City Council - Date
10/1/1985
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138 <br /> <br />October 1, 1985 <br /> <br /> The full faith and credit of the City are hereby <br />irrevocably pledged for the payment of the principal of and <br />interest on this Bond as the same become due. The principal <br />hereof and interest hereon shall be payable from'ad valorem <br />taxes without limitation of rate or amount upon all property <br />within the City subject to taxation by the City, if the <br />revenues of the aforesaid water and sewerage systems are <br />insufficient for that purpose. <br /> <br /> It is hereby certified, recited and declared that all <br />acts, conditions and things required to exist, happen or be <br />performed precedent to and in the issuance of this Bond exist, <br />have happened and have been performed in due time, form and <br />manner as required by law, and that the amount of this Bond, <br />together with all other indebtedness of the City, does not <br />exceed any limitation of indebtedness prescribed by the <br />Constitution or statutes of the Commonwealth of Virginia or <br />the Charter of the City. <br /> <br /> IN WITNESS WHEREOF, the City has caused this Bond to be <br />executed by'the facsimile signatures of its Mayor and Director <br />of Finance and a facsimile of the corporate seal of the City <br />to be imprinted hereon and attested by the facsimile signature <br />of the City Clerk of the City; and this Bond to be dated as of <br />the first day of Novemberr 1985. <br /> <br />[SEAL] <br /> <br />Attest: <br /> <br />CITY OF PORTSMOUTH, <br /> VIRGINIA <br /> <br />City Clerk <br /> <br />Director of Finance <br /> <br />(FORM OF CERTIFICATE OF AUTHENTICATION) <br /> <br />Certificate of Authentication <br /> <br /> This Bond is one of the Bonds delivered pursuant <br />to the within-mentioned proceedings. <br /> <br />Bank <br /> <br />By: <br /> <br />Date <br /> <br />of Virginia Trust Company, <br /> <br /> Authorized Signature <br />of Authentication: <br /> <br />Registrar <br /> <br />(FORM OF 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 lrreyocably constitutes <br /> <br />and appoints , attorney, to transfer the same on <br /> <br /> <br />
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