Book 14 (January 1950 - July 1954) - City of Oxford

~b-:--- ._.CEMENT - MERIDIAN~ ..--~...--..•.MINUTE BOOK No. 14, CITY OF OXFORDThe following contract from the Tennessee Valley Authority was presented to theMayor and Board of Aldermen:ENERGENCY OPERATION CmrrRACTBetweenTENNESSEE VALLEY AUTHORJTYandCITY OF OXFORD, MISSISSIPPII"'1THIS AGREEMENT, made and entered into as of the __ 27tl! dayof May, 1951, bett-Teen TENNESSEE VALLEY AUTHORITY (hereinafter called"Authority"), a corporation created and existing under and byvirtue of the Tennessee Valley Authority Act of 1933 as amended, andCITY OF OXFORD (hereinafter called "Distributor"), a municipal corporationduly created, organized, and existing under and by virtue of the laws of theState of Mississippi,WHEREAS, the parties hereto haveheretofore entered into a PowerContract dated as of May 30, 1950, wheTeunder Distributor agreedto purchase from Authority and Authority agreed to supply to Distributorsubject to certain terms, conditions, and limitations as therein set forth,Distributor's entire electrical requirements; and~iHErffiAS,in orQer that satisfactory and continuous electric servicemay be furnished by Authority to Distributor pursuant to the Power Contr~_ct,it is necessary and desirable th~_tcertain svTitchingand patrolling operationsbe performed from time to time in connection with the operation of Authority'stransmission and transformation facilities serving Distributor; andWHEREAS, such switching and patrolling operations are not requiredat intervals frequent enough to justify Authority in maintaining a full-timeemployee to perform the same, and Authority desires to have such operationsperformed by Distributor in the manner and for the consideration herein setforth; andHh"'EREAB, all acts, things, and conditions necessary under la,,, tomake this agreement the valid and binding obligation of the parties heretohave been duly done, performed, and complied ~."ith;NOW, THEREFORE, for and in consideration of the mutual covenantsherein contained, and subject to all of the Drovisions of the Tennessee ValleyAuthority Act of 1933 as amended, the parties hereto mutually covenantandagree as follows: