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May 25, 1982 <br /> <br />Principal <br />Amount Purpose <br /> <br />Original Issuance <br />Date Interest <br /> <br />Renewal lssuanee <br />Date ~mte'rest <br /> <br />Drainage, Curbs, Gutters and <br />Street Improvements <br /> $34,573 <br /> <br />Community Services <br />$92,427 <br /> <br />$350,000 Education <br /> $269,227 11-29-80 8.75% <br /> <br />3-2-81 9.15% <br /> <br />Community Servides <br />$80,773 <br /> <br />6-24-81 9.77% <br />10-14-81 8.35% <br />2-10k82 8.65% <br /> <br />$400,000 Education 2-24-81 9.00% <br /> $151,843 <br /> <br />Community <br />$248,i57 <br /> <br />Services <br /> <br />6-24-81 9.77% <br />10-14-81 8.99% <br />2-10z82 8.70% <br /> <br />$400,000 Community Services 3-24-81 .80% <br /> $400,000 <br /> <br />7-22-81 8.37% <br />10-14-81 9.04% <br />2-10-82 8.70% <br /> <br />$550,000 Community Services 4-21-81 8.00% <br /> $188,543 <br /> <br />10~14-81 8.27% <br /> 2-10-82 9.25% <br /> <br />Urban Renewal <br />$361,457 <br /> <br />$500,000 Crawford Harbor 8-4-81 9.90% <br /> <br />10=14-81 8.85% <br /> 2-10-82 8.90% <br /> <br />$250 000 Crawford Harbor 8-11-81 9.50% <br /> <br />2-10-82 8.90% <br /> <br />$500 <br /> <br />$300 <br /> <br />$300 <br /> <br />$700 <br /> <br />$250 <br /> <br />$500 <br /> <br />000 Crawford Harbor 8-14-81 10.00% <br />000 Crawford Harbor 8-25-81 10.50% <br />000 Crawford Harbor 8-25-81 10.40% <br />000 Crawford Harbor 12-3-81 8.63% <br />000 Crawford Harbor 3-30-82 8.98% <br />000 Crawford Harbor 5-11-82 8.21% <br /> <br />2-10-82 8.90% <br />2-10-82 8.90% <br />2-10-82 9.$8% <br />2-10-82 8.90% <br /> <br />$1,000,000 Parks 8 Recreation 5-11-82 8.27% <br /> $30,000 <br /> <br />Crawford Harbor <br />$960,000 <br /> <br /> Drainage, Curbs, Gutters <br /> $10,000 <br /> <br /> WHEREAS, in accordance with Section 11-17 of the Code of the City, ~e City Manager <br />and the Director of Finance executed and delivered the certificate required by such section~ <br />to the City Treasurer, and the City Treasurer and the City Clerk, in accordance with the <br />instructions set forth in such certificate, issued and delivered $$,§~0,000 aggregate <br />principal amount of the Notes, a photocopy of the Notes in such principal amount being <br />attached hereto as Exhibit A; and <br /> <br /> WHEREAS, the Council of the City desires to approve, ratify and confirm the action of <br />the City Clerk, the City Manager, the City Treasurer, and the Director of Finance in issuing, <br />selling, executing and delivering suc~ Notes and the form and details thereof, all in accord- <br />ance with paragraph 4 of the Authorizing Resolution; and <br /> <br />a ~WHEREAS, the~[Ggun~il o'£ ~h~',~ty of~port~ou~h~'~V'%wgin~a~ (~he "Ci.~y'~.~on gu~y 14, 1981 <br />dopted a resolution entitled "A RESOLUTION AUTHORIZING THE ~SSUANCE ~F $~1,814~OF GENERAl <br />OBLIGATION BONDS OF TH~ CITY OF PORTSMOUTH, VIRGINIA, FOR THE PURPOSE OF PROVIDING FUNDS <br />TO PAY THE COST OF VARIOUS IMPROVEMENT PROJECTS OF SUCH CITY AND AUTHORIZING AND PROVIDING <br />WITH RESPECT TO THE ISSUANCE AND SALE OF A LIKE PRINCIPAL AMOUNT OF GENERAL OBLIGATION BOND <br />ANTICIPATION NOTES IN ANTICIPATION OF THE ISSUANCE AND RECEIPT OF THE PROCEEDS OF SALE OF <br />SUCH BONDS" (the "July 14, 1982 Authorizing Resolution"); and <br /> <br /> WHEREAS, pursuant to and in accordance with paragraph 5 of the July 14, 1981 Authorizin <br />Resolution, the City Attorney filed a copy of the Authorizing Resolution, certified by the <br />City Clerk to be a true copy thereof, with the Circuit Court of the City, and such City Clef <br />published within ten (10) days of the date of such filing a notice with respect thereto in <br />The Virginian Pilot in substantially the form set forth in paragraph 5 of the July 14, 1981 <br />Authorizing Resolution; and <br /> <br /> <br />