4 - City of Oxford

20-B MINUTE BOOK NO. 24, CITY OF OXFORD
WHEREAS, the first of the aforesaid publications was made at least twenty-
one (21) days prior to the 23rd day of April, 1968, and the last publication
was made not more than seven (7) days prior to the said date; and
WHEREAS, proof of publication of the aforesaid resolution has been exhi-
bited to the said Mayor and Board of Aldermen and is now on file in the office
of the City Clerk; and
WHEREAS, no written protest of any kind or character has been filed -, gainst
the issuance of any of the bonds described in the aforesaid resolution; and
WHEREAS, the time for the filing of any such protest or protests has now
expired; and
WHEREAS, the Mayor and Board of Aldermen of the City of Oxford are now
authorized and empowered to issue all of the bonds described in the aforesaid
resolution:
NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND BOARD OF ALDERMEN OF THE
CITY OF OXFORD, MISSISSIPPI, AS FOLLOWS:
SECTION 1. That the aforesaid resolution adopted on the 19th day of March,
1968, has been published for the time and in the manner required by law, that
no written protest of any kind or character has been filed against the issu-
ance of any of said bonds, and that the time for the filing of such protest
or protests has now expired.
SECTION 2. That the $35,000 of bonds authorized under Proposition No. 1,
the $25,000 of bonds authorized under Proposition No. 2, the $15,000 of bonds
authorized under Proposition No. 3, and the $10,000 of bonds authorized under
Proposition No. 4 set forth in the aforesaid resolution adopted on the 19th
day of March, 1968, be combined into one issue of Eighty-five Thousand Dollars
($85,000) Public Improvement Bonds and be offered for sale to the highest bid-
der therefor on Tuesday, the 21st day of May, 1968.
SECTION 3. That said bonds shall be sold on sealed bids to be filed
with the City Clerk at his office in the City Hall in the City of Oxford,
Mississippi, at or before the hour of 7:30 o'clock P. M., Central Daylight
Time, on the aforesaid date; each bid to be accompanied by a cashier's check,
certified check, or exchange, payable to the City of Oxford, Mississippi, in
the amount of One Thousand, Seven Hundred Dollars ($1,700), as a guarantee
that the bidder will carry out his contract and purchase the bonds if his bid
be accepted. If the successful bidder fails to purchase the bonds pursuant to
his bid and contract, the amount of such good faith check shall be retained
by the City of Oxford and shall be paid into the Treasury of said City as