MINUTE BOOK No. 17, CITY OF OXFORD

MINUTE BOOK No. 17, CITY OF OXFORD~------------------u~aM~K--T~O-M~L'~K=ET~C~HI~NG~S=CO~"~N~A~TC~HE=Z----------------------------------------------------------------------------~1 IAN ORDINANCE AUTHO:t.l~n;G ALJ DIRECTING. '::'HJ:;; IS:)UANCEOF ELECLUC DISTRIBUTION SY.:.; ;b['! ,L,J.L.• j:~u.c; BONDS OF THECI'l'Y OF OXFOl , MIS,lSSVPI, IN THE PRINCIPAL AMOUNTOF Tv~O HUNDRED Tl;OUSA;m IJOLLAl{S (.~200,000.00) FO~~ THEPUili)JS~" OF PAn:,,'"; THE COS': OF E:iLdlGING, nPi1.OVING, ANDiJXTl.::NDINC ". i:,Ll::CT::nC DIST[nBUTIOI~ SYSTEIVI OF SAIDCITY: PRESCRIBIiJG THE F\.)RIV[ ,d'W INCIDENTS OF SAID BONDS:;liOVIDING FOd TH,C; COLLECTION AND DlSl'RIBUTIOl~ OF THE,tLV.b)\JU.b:3 TO Bli, Da.I ED FROM THE SAID SY 31"&1 IN M'l AMOUNT;)UFYlCLl-JT TO PAY SAID BONDS BOTH AS TO PRL\CIPAL AND nJTER~:;TAIm TO PAY THi: CO.)T OF O?K{ATION AND ;'1.HNTEN.~.NCE OF SAIDSYSTi!J'.f.tJB"'; rili A 3 , the Mayor And Boar d of Aldermen of the City of Oxford, Mississip;Ji, lavin,made due investiation, f nd, ad,'udicate, and dec13.re:(a) ThRt on the 17th day of March, 1958, a resolution was adopted by the Ma~ror andBoard of Aldermen of said Cit:, c'illinfT 'md ~)ro'riding for the holdin?; af a special bond electionvcith '.n and for said City of OxforJ on the 15th day of April, 1958, for the ouroose of submittingto the ouali fied electors of said Cit;.' a pro10si tion for the issuance of Electric DistributionSystem .i:tt:venue Bonds of said City in the maximum arnoun' of Two Hundred Thousand Dollars ($200,000)for the 'lurpose of ')aying the co st of enlarring, improving, and extending the electric d,'~stributionsystem of c3aid City, aL as r)rovided for and authorized by Cha'lter 49h, Laws of Mis:oissippi,1950, as amended;(b) That due notice oj" said election was (:riven by publicati)n in the Oxf>ord Ea~le onthe fol'owinn: dates, to-wit: Ma'ch 20, 27; Apri 3, 1958; said Oxford bade beini" a qualifiednews 3 1er under the nrovisio'cs of Chapter 427, Laws of Missisdppi, 1948;\.(c) Th:i.t the said elect~on was dule a nd rel~ularly held in slid City on the 15th dayof AprL', 175[\, in accord;:mce with law and in a ccordance with th e aforesaid resolution, and thatthe bal ot used at said e' ection wa,,; in the form required by law and by said resolution;(d)That on the 16th day of April, 19 1 8, the ;,lection Commis ioners of said City didfile with the sa:i:d Ma 1,'or a'ld Board of A:dermen their repoct concerning the holdin!" 0" saide'ecti;n, wherein it ",rns shown that at said election Two Hundred Forty Nine (249) votes werecast for the issuance of s:dd bonds and Thirteen (13) votes were cast a.o:ainst the isuuanceof said bon~4 5 ;