Chap. 384.—An ACT to authorize the council of the city of Norfolk to issue
bonds for sewerage and other purposes in the Fifth or Brambleton ward of
said city, and to submit the same to a vote of the electors of said city.

Approved February 19, 1896.

1. Be it enacted by the general assembly of Virginia, That it shall
be lawful for the councils of the city of Norfolk, in order to estab-
lish a system of sewerage for the Fifth or Brambleton ward, and to
continue the paving, guttering and improvements generally of the
streets in the said ward, to issue couponsor registered bonds in sums
not less than one hundred dollars, at a rate of interest to be deter-
mined by said councils, not to exceed, however, six percentum per
annum, payable semi-annually: provided that the whole amount of
bonds issued under this act shall not exceed the sum of one hundred
and fifty thousand dollars, to be used and applied upon the recom-
mendation of the local board of improvement of the said Fifth or
Brambleton ward. The said bonds shall be signed and issued as
other bonds of the city of Norfolk are authorized to be issued and
signed, and under the same conditions and restrictions, except that
the same shall be predicated upon the assessed value of the real and
personal property within the said ward, as now provided by law for the
issuance of bonds in said ward. The said city councils may dispose
of said bonds to the highest bidder therefor, either at public auction
or under proposals, to be made public to the city councils, or in such
other manner as said councils may deem expedient; provided, how-
ever, that if the said bonds bear six per centum interest they shall
not be disposed of for less than their par value; and in no case shall
the said bonds be disposed of for less than ninety-five per centum of
their par value.

2. The said bonds shall not be subject to any taxation whatever
by the city of Norfolk. The bonds issued under this act shall be
made payable in thirty years after their date, and the said councils
shal! provide for the payment of the same and the interest thereon,
in the same manner as is provided for other bonds of said city,
predicated upon the assessment of real and personal property in the
said Fifth or Brambleton ward at the time of the adoption of this
act; and the said councils shall, for the payment of the interest
thereon, levy a special tax, or may provide for the same out of a
general levy in said ward: provided, however, that the said coun-
cils shall not have authority to issue the said bonds until the same
shall have been approved by a majority of the votes cast in the said
Brambleton ward at the regular election held in May, eighteen hun-
dred and ninety-six, or any succeeding regular election. The coun-
cils shall give public notice of the same thirty days prior to said
election, by advertising in one or more newspapers published in the
city of Norfolk.
3. This act shall be in force from its passage.