MINUTE BOOK No. 17, CITY OF OXFORD

( 74MINUTE BOOK No. 17, CITY OF OXFORD"\ .r--.'~iThe Hayor and Board of Aldermen again took up the rratter of the issuance ofTwenty lbousand Dollars ($20,000.00) Special ~treetImproverrent Bonds of the Cityof Oxford, Hississippi, pursuant to a rfsolution of said Eayor and Soard of Alderrrenas authorized by Chapter 495 of the Laws of tHssissippi, 1950, and following adiscussion of the subject, Alderman B. 0. Elliott offered and moved the adoptionof the following resolution:A HI.:S(LUTION AUTEOHIZING :1.ND DIT'-:CTING TH, ISSUANCe, CF SPT~CIALSTRD:~T JY.PROV"}/.:.:;NT BO]\'DS OF TPE CITY CF OXFORD, MISSISSIPFI INTI1T PRINCIPAL A}'IC;UNT OF THSNTY TI-WUSA1:D DOLLARS ($20,000.00);PR~~;RIBING THl" FORE AND nJ~IDJJTS OF SAID Be"'DS AND HAKINGPROVISIONS FeR PAYl,: LNT CF TH j' PRINCIPAL A~m INT GR:BT OF SAID RONDS.Whereas, heret of ore on ths Jrd day of J ar.uary, 11.9'56" the l-Jayor and Board ofAldernan of the City of Oxford, MiSSiSSippi, did adopt ~resolution declaringnecessary certain special improvements over, on and along all that part of VivianStreet in Ho-Ka Hills Subdivision of the City of Oxford, Mississippi, locating them,providing for the manner in which they were to be made, prividing for pUblicationof said rrsolution and setting th;:: 23rd day ('f January 1956, at 7:30 o'clocJ( Po 1'.,in the regular neet~ng roorr of t:r:is governing body to bE fixed as the time, dateand place for the meeting of this body to hear objections and rCI'lOnstran::es ofany persons aggrieved that r,ight be nade to said irrproverrents, and;WH .. ,.R1l.S, said rr solution was published in the Oxford f:agle as reouired by\law on January 5th, 12th and 19th, 1956, and;'vIF i-LK >'-AS, the said notice was rublished in s aid newspaper once a week for threesuccessive publications as required by law, the first pUblication thereof beingmon? than 15 days prior to the rreeting held to hear objections and;'vIHl'~Rr:A.S,heretofore on tlL 2Jrd day of January, 1956, the Mayor and Eoardof Aldernen sitting to hear objections, protests and remonstrances against saidsf;ecial improvements adjudged that no successful objections had been rrade andheard and did adopt a resolution determining to proceed with said special im:;=roven ents,and;1.tlHCfLAS, H;~"p,:rOFOR1',on the 4th day of October, 1956 the 1,layor and Boardof Alderrrcn did find and determine and ascertain the rstimated cost of saidirrf;rovements to be the sum of $20,000.00, and;~m i,R:'J\.S, Charter 495 Laws of 1950 of the -State of Mississippi, rrovidesthat all r unicipali tics may issue special street improvement bonds to pay forsuch special street improvements and that such obligations so authoriaed rr.ay beissued at any time after the estimated cost of the special irnproverrents shall havebeen ascertained by the governing authorities of the rLUnicipality, and;WJff'R[AS, heretofore, to-wit, on the 4th day of October, 1956, the Mayor andBoard cf Aldermen of the City of Oxford, Mississippi did adopt a resolution todirect the sale of Twenty Thousand Dollars of Special Street Improvetent Bondsof the City of Oxford, Eississippi to be iss ued for the rurrose of paying for thesrecial street improverrent on said rortion of Vivian Street as autl-:orized byChapter 495 of the Laws of MiSSiSSippi, 1950, and;