MINUTE BOOK No. 17, CITY OF OXFORD

MINUTE BOOK No. 17, CITY OF OXFORDPROPOSITION"Shall the City of Oxford, Mississippi, issue its Electric Distribution System RevenueBonds in the maximum amount of Two Hundred Thousand and No/IOO ($200,000.00) Dollars, toraise money for the purpose of paying the cost of enlarging, improving, and extending theElectiric Distribution System of said City; said bonds to be payable, both as to principaland interest, solely from the revenues derived from the operation of said ElectricDistribution system of said City?"Was as follows:FOR THE :r3JNDS ISST!E ••••••••••••••••• 249AGAINST THE BOND ISSUE •••••••••••••• 13TOTAL NFMBI!:R OF VOTES CAST •••••••••• 2626. That a majority of the qualified electors of said City of Oxford, Mississippi,voting on the aforesaid proposition voted "FOR THE BOND ISSUE."Respectfully submitted, this 16thday of April, 1958./s//s/ w. ~.r. JODr- _________ _Noel Hod~e--_._---Election Commissioners within and for the Cityof Oxford, MississippiThe Mayor and Board of Aldermen having seen, read, and considered the report of thereport of the Election Commissioners, Alderman Lovelady offered and moved the adoption of thefollowing resolution:A RESOLUTION AOPROVI ~ THE REPORT OF THE ELECTIONCOMMISSIONERS v:ITHIN kID FOR. 'rHE CITY OF OXFORD,MISSISSIPPI, IN RELA'rION TO A SPECIAL ELECTION HELDIN SAID CITY ON APRIL 15, 1958, AND DECLARING THERESULT OF SAID ELECTION.jwHEREAS, heretofore, to-wit: on the 17th day of March, 1958, the Mayor and Board of Aldermen ofthe City of Oxford, Mississippi, did adopt a certain resolution entitled "A RESOLUTION CALLING ANDPROVIDIID FOR THE HOLDING OF AN ELECTION WITHIN THE CITY OF OXFORD, MISSISSIPPI, AT h'HICli THERESHALL BE SUBMITTED TO THE QUALIFIED ELECTORS OF SAID CITY A CERTAIN PROPOSAL FOR THE ISSUANCE OFELECTRIC DISTRI~UTION SYSTEM REVENUE BmlDS OF SAID CITY IN THE AMCUNT OF $200,000.00, MAKINGPROVISION FOR TH!!: GIVING OF NOTI CE OF SAID ELSC'rION AND PRESCRFHNG THE FORM OF BALLOT TO BE USED";andvJHEREAS, pursuant to said resolution, notice of said special election was given and said electionwas held in accordance with and as required by the Laws of the State of Mississippi and qy theaforesaid resolution of this Mayor and Board of Aldermen; andHHEREAS, the Election Commissioners within and for the City of Oxford has filed with this Mayorand Board of Aldermen their report concering the result of said election, wherein it is shown thatthe proposition voted upon at said election was as follows:PROPOSITION"Shall the City of Oxford, Mississippi, issue its Electric Distribution System Revenu.e Bondsin the maximum amount of Two Hundred Thousand and No/IOO ($200,000.00) Dollars, to raisemoney for the purpose of paying the cost of enlarging, improvirg, and extending the ElectricDistribution System of said City; said bonds to be payable, both as to principal and interest,solely from the revenues derived from the operation of said Electric Distribution System ofsaid City?"and~~ERRAS, it appears from the aforesaid report of the Election Commissioners that TwoHundred, Sixty,Two (262) votes were cast on the aforesaid propOSition, of which Two Hundred, FortyNine (249) votes were cast "FOR TH~ BOND ISSUE" and Thirteen (13) votes were cast "AGAINST THEBOND ISSUE:"'/1\III..J