MINUTE BOOK No. 17, CITY OF OXFORD

I •.-377MINUTE BOOK No. 17, CITY OF OXFORDSI'Z34K-TOM L. KETCHINGS co., NATCHEZlNOw·, THEd.EFORfi;, BE IT HESOLllED BY THE MAYOR AND BOARD OF ALDER,TEN OF THE CITY OF OXFORD,MIS:.:iISSIPPI, AS FOLLO~JS:SECTION 1. That the aforesaid reoort of the Election COmmissioners within and for theCi ty of Oxfo,'d, Mississippi, rela tin" to the sp ecial election held in said City on Tuesday, the15th day of Aoril, 1958, shall be and the said reaort is hereby ap)roved and confirmed.~}!;CTION 2. That the followinlr proposition submit,.ed to the qualified electors of thesaid Cit;'T of Oxford at the aforesaid so cial election, to-wit:PROt'8SITION"Shall the City of Oxford, Mississippi, issue its Electric Distribution System RevenueBonds in the maximum amount of Two Hundred Thous nd and No/IOO ($200,000.00) Dollars, toraise money for the pur90se of payinF the cost of enlarp'inl':, improvin(~, and extendin~ theElectric Distribution System of said City; said City; said bonds to be ayable, both as toprincipal and interest, solely from the revenues derived from the operati~n of said EelctricDistribution Sys em of said City?"was assented to b a ]Jiajori ty of the qualified electors of said Cit-r votin~ thereon at saidelection., SECTION 3. That, the Mayor and Board of Alderrr,en of the City of Oxford, Mississippi, arenow authorized to issue the bonds of said Town in the amount and for the purpose aforesaid, andthat siad bonds sha.ll be issued as may hereafter be directed by this Mayor and Board of Aldermen.Alderman Lovelady seconde' the motion to adopt the fore"oin, resolution,and, the question bein" ptu to a roll call vote, the r suIt as follows:Alderman Lovelady voted yeaAlderman Roberts voted yeaAlderman S~sk voted yeaAlderman Beik voted yeaAlderman H'ckman voted yea(The Motion havin« recei ed the affirmative vote of all aldermen present,the Mayor declared the motion carried and the resolution adopted, this 16th day of Aprfl, 1958.(I