MINUTE BOOK No. 17, CITY OF OXFORD

(! t44MINUTE BOOK No. 17, CITY OF OXFORD--.., :This bond is one of a series of One Hundred and Forty (140), all of like date, tenor andeffect, except as to number, rate of interest and date of maturity and numbered from one (1) toOne Hundred and Forty (140), inclusive, aigregating the principal amount of One Hundred andForty Thousand Dollars (140,00U.00) of an authorized issue of the corporate authorities of saidcity for the purpose of paying for special improvements on :=3ramlett Boulevard, Sisk Avenue andNcLaurin Street in Part I of 3ramlett Gardens Subdivision, and on South leth Street, Ross Avenueand Johnson Avenue Sxtended in Part III of Haley's Subdivision, and on hfilliams Avenue 2:xtended,Park Drive and South 10th street, all in the City of Oxford, Nississippi. This bond is issuedunder and by authority of and in strict compliance ~.Ji th the constitutLn and statutes of thestate of Nississippi, including among others an act of the legislature of said state entitled"AN ACT to auVlOrize the municipalities of the state to assess local improvements againstproperty henefited thereby; orovi:iing how such assessments shall be made, and how payment thereofsh811 be enforced; to authorize the municipalities to borrow money for such improvements;"oassed by the legislature and approved April Ib, 1950, being Chapter 495 of the Laws of theState of Nississippi, 1950.It is hereby certified, recited an:i represented that all acts, conditions, and thingsrequired to be done precedent to and in the issuance of t;,is bon:i, in order to make the samea legal, Valid and binding obligation of said city, have been done, have hapoened, and havebeen perfcrmed in due and regular time, form, and manner, as required by lal-'[; that the amountof this bond and the issue of which it is one, together with all other outstanding indebtednessof said city, does not exceed any statutory or constitutional limit of indebtedness; and thatdue provision las been and will be made for the C'.lIDual levy and collection of a tax upon all thetaxable property v-ri thin said city and upon the prCpt';i~ty::opecially benefited by said improvements::iufficient to pay the principal of this bond at maturity and the interest thereon as it accrues.IN '~iTnrESS··Ii{E::EOF, the City of Oxford, Hississippi, acting herein by and through the Nayorand Board of Jlldermen of the City of Oxford, Hississippi, its governing authority, has causedthis bond to be executed by the signature of the Mayor of said City, countersigned by the CityClerk of said city, un:ier the cOr?orate seal of said city, and has caused the annexed interestcoupons to be executed by the facsimile signateres of said officers and this bond to be datedthe 1st day of Narch, 1957.THi: CITY OF OXFORD, HISSISSIP?IBy:Mayor of the::;ity of Oxford, MississiooiCountersigned:City Clerk of the City of Oxford, 11issis~sippi