MINUTE BOOK No. 17, CITY OF OXFORD

~--------------------------------------------------------------------------------------------------------=--,MINUTE BOOK No. 17, CITY OF OXFORD471'I'I34K-TOM L. KETCHINGS co., NATCHEZORDER OF STATE BOARD OF EDUCATION APPROVING PETITIONOF THE IDARD OF TRUSTEES OF THE MUNICIPAL SEPARATESCHOOL DISTRICT OF TH3 CITY OF OXFORD, MISSISSIPPI,TO THE GOVERNI~~ AUTHORITIES OF THE MUNICIPALITY,REQUESTING THE MUNICIPALITY TO BORROW THE SUM OF$11,500.00 WI TH WHICH TO PURCHASE THREE NEW SCHOOLBUSES UNDER CHAPTER 18, LAWS OF ECTRAORDINARY SES­SION OF 1953, TO ESTABLISH, ERECT, AND EQUIP SCHOOLBUS SHOPS OR GARAGES, AND TO PURCHASE LAND THEREFOR.THERE came on for hearing this, the 28th day of July, 1958, at a regular meetingof the Mississippi State Board of Education at Jackson, Mississippi, duly and legallYcalled and held, the petition of the Board of Trustees of the Municipal Separate SchoolDistrict of the City of Oxford, Mississippi, dated the 21 day of July, 1958, to thegoverning authorities of said City of Oxford, Mississippi, requesting said governingauthorities to borrow the sum of $11,500.00 to be used by said Board of Trustees inpurchasing motor vehicles and other school transportation equip~nt with which to transportthe school children of the said municipal separate school district to and from thepublic schools of said district and to provide for the servicing and repair of suchdistrict-owned motor vehicles, or other school transportation equipment, and to establish,erect, and equip school bus shops or garages and purchase land therefor; and to issuenegotiable notes or bonds for said district in evidence of said sum, payable in equalannual installments over a period of five years, from the date of their issuance, (notexceeding six years if new transportation equipment is to be purchased, or two years ifused transportation eqUipment is tobe purchased), to bear interest at not to exceed four(4) per cent per annum, payable annually or semi-annually, the principal and interestof said notes to be paid from the transportation funds of the said municipal separateschool district, all as provided in Chapter 18, Laws of Extraordinar.r Session of 1953,to which petition is attached a certified copy of a resolution adopted by said Board ofTrustees of said municipal separate school district on 21 day of July, 1958, requestingsaid governing authorities to obtain said loan and issue said notes or bonds. It appearsthat the said motor vehicles and other transportation equipment proposed to be purchased,owned, and operated by said board are particularly described as follows: Three new 48passenger, body and chassis complete. And it further appears that the school bus shopsor garages sought to be established, erected, and equipped are described as follows(include description of eqUipment): NONE. And it further appears that the land soughtto be purchased for said purpose is nOW-Owned by ~ and discribed as follows: ~.The State Board of Education, having carefully considered said petition and resolution,is of the opinion, ,and so finds and determines that for reasons stated in saidresolution, said goberning authorities of the City of Oxford, Mississippi, should bepermitted to purchase, own, and operate three ~motor vehicles and other equipment forthe transportation of children to and from the public schools of the said municipal separateschool district and to provide for the servicing and repair of such district-ownedmotor vehicles, or other school transportation equipment, and to employ drivers for theoperation thereof, and to establish, erect, and equip school bus shops or garages, andpurchase land therefor, and for all of which permission be, and is hereby, granted., butall bus purchases shall be made and all drivers employed in accordance with the rules andregulations of the State Board of Education, and after the specifications of such buseshave been approved by this Board, and all purchase contracts and all driver employmentcontracts shall first be submitted te, and approved by, this Board before becoming effective,all as required by said Chapter 18, Laws of Extraordinar.r Session of 1953.iIIIIt is further ordered that said resolution and petition of said Board of Trustees ofsaid Municipal Separate School District of the City of Oxford, Mississippi, be, and arehere b,r , approved, and the approval of said proposed loan by the governing authorities ofsaid municipality is hereb,r given, and this board does hereby consent and agree thatsaid governing authorities of said municipality may obtain said loan and issue said notesor bonds in the sum and for the purpose stated in said resolution and petition of theBoard of Trustees of said munic.ipal separate schooldistrict, and upon the terms thereinstated, and the Chairman and Secretary of this Board are hereb,r directed to make andcertify a copy of this order and attach same to said petition of said school board, andthen forward the said petition to the Board of Trustees of the said Municipal SeparateSchool district of the City of Oxford, Mississippi, to be by said board filed with thegoverning authorities of said municipality.STATE OF MISSISSIPPIHPIDS COUNTYvm, the undersigned Chairman and Secretary, respectively, of the State Board ofEducation of the State of Mississippi, do hereb,r certify that the attached and foregoingis a true and correct copy of an order duly adopted by said Board on the 28th day of July,1958, as fully as the same appears of record in t he minutes of said board.~ITTNESS our signatures, this the 28th d~ of July, 1958.J. M. Tubb, ChairmanR. W. Griffith, Secretar.r