4 - City of Oxford

97768— Knomsa-Rama
MINUTE BOOK No. 24, CITY OF OXFORD
245
Section 2. That this ordinance shall take effect and be in force from and
after its passage, the public safety and welfare so requiring.
ATTEST:
(SEAL)
Adopted on this the first day of Aptil, 1969.
AYOR
On motion of Alderman Owens, seconded by Alderman McLaurin and passed
unanimously the following leased contract was entered into by the Mayor and
Board of Aldermen for the City of Oxford:
STATE OF MISSISSIPPI 1
COUNTY OF LAFAYETTE
LEASE CONTRACT
This agreement entered into on this the 1st day of Aptil, 1969, by and
between the City of Oxford, Mississippi, hereinafter referred to as Lessor,
and E. H. Overstreet, hereinafter referred to as Lessee, Witnesseth:
Lessor does hereby lease and let unto Lessee the following described real
property, together with the building situated thereon, located at 606 Van Buren
Avenue, Oxford, Mississippi:
All of Lots 481 and 483 and a fraction of the East half of Lots 497
and 498 as described on the map of the plat of the City of Oxford,
in Section 21, Township 8 South, Range 3 West, and more particularly
described as follows: Beginning at the Northeast corner of Lot 483 which
lies on the south right-of-way of Van Buren Avenue; run thence in a
southerly direction a distance of 294 feet to the north right-of-way
of Tyler Avenue; thence in a westerly direction along the north rightof-way
of Tyler Avenue a distance of 121.5 feet thence in a northerly
direction parallel to the east line of Lot 481 a distance of 84 feet;
thence in a westerly direction parallel to the north right-of-way of
Tyler Avenue a distance of 60 feet; thence in a northerly direction
parallel to the east line of Lots 481 and 483 a distance of 210 feet
to the south right-of-way of Van Buren Avenue; thence in an easterly
direction parallel to the south line of Van Buren Avenue a distance of
181.5 feet to the point of beginning.
For the same consideration, Lessor does lease and let unto Lessee the
property described on the attached list marked "Exhibit A".
The term of this lease contract is for a period of five (5) years, from
and after April 1, 1969, at a monthly rental of Six Hundred Twenty-Five Dollars
($625.00) to be paid in advance on or before the first day of each month that
this lease is in effect.
Lessor agrees to be responsible for any major repairs on the main building
situated on the leased property, while Lessee shall be responsible for any