CHAPTER 124

AN ACT to amend Chapter 84 of the Acts of Assembly of 1918, approved
February 7, 1918, as amended, which chapter provided a new charter
and special form of government for the city of Norfolk, by adding
two sections numbered 86 (b) and 86 (c), relating, respectively, to
ne issuance of bonds and the use of a facsimile seal of the city on

[H 202]
Approved February 24, 1956

Be it enacted by the General Assembly of Virginia:

1. That Chapter 34 of the Acts of Assembly of 1918, approved February
7, 1918, as amended, be amended by adding two sections numbered 86 (b)
and 86:(c) as follows:

§ 86 (b). Bond ordinances may specify one or more classes of
objects or purposes.—Any ordinance authorizing the issuance of bonds
adopted pursuant to § 86 may specify one or more single specific objects
or purposes as the purposes for which the bonds are to be issued and the
maximum principal amount of bonds to be issued for each such specific
object or purpose or may specify one or more classes of objects or pur-
poses, each to be described in brief and general terms sufficient for
reasonable identification, and the maximum principal amount of bonds
to be issued for each such class of objects or purposes. Bonds authorized
for a single specific object or purpose shall not be issued until an ordi-
nance authorizing the carrying out of such object or purpose has
adopted and taken effect. Bonds authorized for a class of objects or pur-
poses may be issued either before or after ordinances authorizing the
carrying out of such objects or purposes have been adopted and taken
effect, but none of the moneys raised by the issuance of the bonds issued
for such class of objects or purposes shall be applied to the financing of
an object or purpose included in such class of objects or purposes until
an ordinance authorizing the carrying out of such object or purpose has
been adopted and taken effect, and the aggregate amount of the moneys
80 applied shall not exceed the amount appropriated to said object or
purpose and directed to be expended from the moneys raised by the issu-
ance of the bonds authorized for such class of objects or purposes, either
by said ordinance or by a resolution adopted by the council.

§ 86 (c). Facsimile seal may be used on bonds.—Notwithstanding
anything contained in this charter bonds issued pursuant thereto need not
be under the seal of the city provided they bear a facsimile of such seal.

2. An emergency exists and this act is in force from its passage.