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

L--",,-__---------------------_MINUTE BOOK No. 14, CITY OF OXFORD393\.._--------------DEMENT - MERIDIAN=------------.----. -- --.--.- .. ---1>--_.-"'------_.- .--. ________ ._. __ . _____ . __ .. ______ . _____ .,~. __ .. _" __ . ___________ 0 __ . _____ •. _______ ._, ___ .'--_ . __ . __ ._. ______ " ________ _-Whereas, the assessed value of taxable property within the said OxfordMunicipal Separate School District, according to the last completed assessmentfor taxation was as follows:Real Estate$3,062,835.00Personal Property $1,373,983.00Public Utility Property $182,815.00Total $4,619,633.00: andWhereas- the said School district at this time has the following outstandingbonded indebtedness, to-wit:SCHOOL BeNDS ISSUED BY THE OXFORD MUNICIPAL SEPARATE SCHOOL DISTRICT.------.---- ------------.--- -="iFr=-='!DATE OFISSUEAMOUNT OUTSTANDINGNONESCHOOL BONDS ISSUED BY THE CITY OF OXFORDDATE IF ISSUE6-1-282-1-388-1-386-1-38TOTALAMOUNT OUTSTANDING$8,000.00$6,000.00$2.000.00and,Whereas the amount of the bonds hereinafter proposed to be issued, whenadded to the aforesaid outstanding bonded indebtedness, will not result inthe imposition on any of the property within said school district of anindebtedness for school purposes of more than fifteen per centum of the assessedvalue of the taxable property within said district according to the lastcompleted assessment for taxation, regardless of whether any such indebtednessshall have been incurred by such district or Qy any other school district ordistricts; andWhereas, the Mayor and Board of Aldermen of the City of Oxford donow determine that the aforesaid request of the Oxford Municipal SeparateSchool District should be complied with and that a special election shouldbe called, at which the aforesaid proposition may be submitted to thequalified electors of said district:NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND BOARD OF ALDERJylEN OF THECITY OF OXFORD, MISSISSIPPI AS FOLLOWS:Section 1. That the Mayor and Board of Aldermen of the Cjty of Oxford,Mississippi do hereb,1 declare their intention to issue the bonds of the OxfordMunicipal Separate School District of Lafayette County, Mississippi in theamount of $473,000.00 to raise money for the following purposes:..___......l!_________.. __ ____. ____ ~_ ~_~'iI: .II .___ ~II~