4 - City of Oxford

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97768—uramwmam
STATE OF MISSISSIPPI )
COUNTY OF LAFAYETTE )
MINUTE BOOK No. 24, CITY OF OXFORD
CONTRACT
This agreement is entered into on this the 7th day of March, 1968, by and
between the City of Oxford, Mississippi, a municipal corporation, and John F.
Tatum, witnesseth:
WHEREAS, the City of Oxford owns and operates a public water system locat-
ed within its City limits; and
WHEREAS, John F. Tatum is the owner of Country Club Subdivision, Part 3,
located just outside the City limits of the City of Oxford; and
WHEREAS, John F. Tatum is the owner of a water system consisting of water-
lines, fire hydrants, other appurtenances, and certain easements on, in and
under which lines are located in said Subdivision; and
WHEREAS, John F. Tatum does not have a supply of water for use in his
water system and desires the City to furnish water through his lines for use
of customers who reside in Country Club Subdivision, Part 3; and
WHEREAS, the City of Oxford is agreeable to providing such water for such
customers for their convenience and for the convenience of John F. Tatum, pro-
vided John F. Tatum agrees to the following arrangement:
NOW, THEREFORE, for and in consideration of mutual promises of the parties,
it is agreed by and between the City of Oxford, Mississippi, and John F. Tatum
as follows:
1. The City of Oxford agrees to furnish water for the water system owned
by John F. Tatum in Country Club Subdivision, Part 3, at its usual rate for
customers who reside outside of the City limits of Oxford.
2. John F. Tatum agrees that he will reimburse the City of Oxford for any
and all required repairs made by the City to his water system as long as said
water system is located outside the corporate limits of the City of Oxford,
3. John F. Tatum agrees further that, if and when, Country Club Subdivi-
sion, Part 3, is annexed to and becomes a part of the City of Oxford, Mississ-
ippi, he will, without consideration other than that here set out, convey to
the City of Oxford, Mississippi, such water system and its appurtenances and
the easements in, on and under which lines are located if it is the policy of
the City of Oxford, at that time, to require subdividers developing subdivi-
sions within the City limits of the City of Oxford to furnish to the City, at
their expense, water systems within the subdivision being developed.
4. Further, John F. Tatum agrees that should his subdivision be annexed
as aforesaid and it is the policy of the City of Oxford to require subdividers
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