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MINUTE BOOK No. 17, CITY OF OXFORD

MINUTE BOOK No. 17, CITY OF OXFORD

MINUTE BOOK No. 17, CITY OF OXFORD

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<strong>MINUTE</strong> <strong>BOOK</strong> <strong>No</strong>. <strong>17</strong>, <strong>CITY</strong> <strong>OF</strong> <strong>OXFORD</strong>Itla4K-TOM L. KETCHINOS co., NATCHEZfails to "mrchase the b')ndsursuant to his bid and contract, the amount of such :;o()d faith checkSh13T be retClinec'l b.. the Cit;' 0" Oxford and paicl into the city treasury as lic:ilidated darna:;esfor sucr. failur. The Mayor and Board of A:dermen reserve the right to reject any or all bidssubmitted, ani if all bids are rejected, to seL said bonds at prb'ate sale at any time withinninety (90) days after the da',.e ad iertised for the receipt of bids, at a price not less than thehir-hest bid Wri ch sh·s.: ha e been received for said bonds at such advertised sale.S""CTION 3. That bidders for said bonrls be requested to desir'nate ~ntheir bids the pricet.hey will Jay for bonds be8rinr, interest ,t a ra e or rates likevd,se to be desi:;nated in theirbids; pro·ridecl, 'owever, that al boncls of the S1.me r'aturity shall bear inter st at the same rate,which "'hal be a multi,le of one-ei nth of one oer centum (l/g of 1%).SbCTION 4.That, as rs(;uired by Ch.Clter 325, Laws of Miso)issippi, 1946, the City Clerkshall be and is hereby author~zedand directed to :ive notice of the sale of said bonds by~ublicatim at ~east tv.co (2) times i;: the Oxford E3.g1e, a ne,'S:aler Dublished in the City of Oxford,Lafayette County, Mississippi; the first oublicatio to be made at least -ten (10) days Drecedin~the date set for the receipt of bids, ani s,lch notice to be in substantially the following forrr,:NOTIC.c; <strong>OF</strong> BOND SALt.$200,000,SLL./Tt-l.IC DISTRIBUTION SY3TEH R.GVLNUi

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