Chap. 99.-—An ACT to amend an act entitled “An act to provide a charter and
special form of government for the City of Norfolk and to repeal the existing
charter of said city, approved March 14, 1906, and the several acts amendatory
thereof, approved respectively March 12, 1908, March 14, 1908, March 7, 1912,
March 13, 1912, March 13, 1914, March 17, 1914, March 24, 1914, March 25,
1914, March 25, 1914, February 5, 1915, March 4, 1916, March 11, 1916, March
16, 1916, March 17, 1916, March 20, 1916, March 20, 1916, March 20, 1916, and
all other acts and parts of acts inconsistent with this act so far as they relate
to the said City of Norfolk,” approved February 7, 1918, as heretofore amended,
by adding thereto a new section numbered 86 (a) regulating the maturities of
serial bonds hereafter issued by the City of Norfolk. [H B 207]

Approved March 2, 1942

1. Be it enacted by the General Assembly of Virginia, That an act
entitled “An act to provide a charter and special form of government for
the City of Norfolk and to repeal the existing charter of said city, ap-
proved March fourteenth, nineteen hundred and six, and the several acts
amendatory thereof, approved respectively March twelfth, nineteen
hundred and eight, March fourteenth, nineteen hundred and eight, March
seventh, nineteen hundred and twelve, March thirteenth, nineteen hundred
and twelve, March thirteenth, nineteen hundred and fourteen, March
seventeenth, nineteen hundred and fourteen, March twenty-fourth, nine-
teen hundred and fourteen, March twenty-fifth, nineteen hundred and
fourteen, March twenty-fifth, nineteen hundred and fourteen, February
fifth, nineteen hundred and fifteen, March fourth, nineteen hundred and
sixteen, March eleventh, nineteen hundred and sixteen, March sixteenth,
nineteen hundred and sixteen, March seventeenth, nineteen hundred and
sixteen, March twentieth, nineteen hundred and sixteen, March twentieth,
nineteen hundred and sixteen, March twentieth, nineteen hundred and
sixteen, and all other acts and parts of acts inconsistent with this act so
far as they relate to the said city of Norfolk,” approved F ebruary seventh,
nineteen hundred and eighteen, be amended by adding thereto, after sec-
tion eighty-six, a new section numbered eighty-six (a), which new sec-
tion shall read as follows:

Section 86 (a) Notwithstanding anything contained in this char-
ter or in any other law, any serial bonds issued by said city prior to the
first day of January, nineteen hundred and fifty-two, in accordance with
subdivision six of section eighty-six of this charter, may, in the discretion
of the council, be made payable in annual installments, the first of which
shall be payable in the fiscal year nineteen hundred and fifty-three and
the last of which shall be payable within the period of the probable life,
ascertained and certified as provided in said section eighty-six, of the
work or object for which the debt evidenced by said bonds is created.

2. An emergency is hereby found and declared to exist and this
act shall be in full force and effect from its passage.