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97768-<br />

MINUTE BOOK No. 24, CITY OF OXFORD<br />

4)1<br />

SECTION 2. That the Mayor and the <strong>City</strong> Clerk be and they are hereby auth-<br />

orized and directed to endorse upon the aforesaid <strong>of</strong>fer a suitable notation in<br />

evidence <strong>of</strong> the acceptance there<strong>of</strong> for and on behalf <strong>of</strong> the <strong>City</strong> <strong>of</strong> <strong>Oxford</strong>.<br />

SECTION 3. That the good faith checks filed by all unsuccessful bidders<br />

forthwith be returned to them upon their respective receipts therefor, and<br />

that the good faith check filed by the successful bidders be retained by the<br />

<strong>City</strong> as a guarantee that the bidders will carry out their contract and purchase<br />

the bonds. If the successful bidders should fail to purchase the bonds pursuant<br />

to their bid and contract, the amount <strong>of</strong> such good faith check shall be retained<br />

by the <strong>City</strong> <strong>of</strong> <strong>Oxford</strong> as liquidated damages for such failure.<br />

SECTION 4. That the Mayor and Board <strong>of</strong> Aldermen, by proper ordinance or<br />

resolution, shall hereafter provide for the preparation, execution, and delivery<br />

<strong>of</strong> the aforesaid bonds in accordance with the terms <strong>of</strong> the contract for the<br />

sale there<strong>of</strong>.<br />

Alderman King seconded the motion to adopt the foregoing resolution, and,<br />

the question being put to a roll call vote, the result was as follows:<br />

Alderman McLaurin voted Yea<br />

Alderman King voted Yea<br />

Alderman Pettis voted Yea<br />

Alderman Goolsby voted Yea<br />

Alderman Hannaford voted yea<br />

The motion having received the affirmative vote <strong>of</strong> all the Alderman present<br />

the Mayor declared the motion carried and the resolution adopted, this 21st day<br />

<strong>of</strong> October, 1969.<br />

A RESOLUTION MAKING FINAL A RESOLUTION<br />

OF INTENTION PASSED AT THE REGULAR MEET-<br />

ING OF OCTOBER 7, 1969 OF THE MAYOR AND<br />

BOARD OF ALDERMEN OF THE CITY OF OXFORD,<br />

MISSISSIPPI TO ACCEPT BIDS ON TWO (2)<br />

1970 MODEL CARS WITH TRADE-IN FOR THE<br />

POLICE DEPARTMENT.<br />

1 At the October 7, 1969 regular meeting <strong>of</strong> the Mayor and Board <strong>of</strong> Aldermen<br />

<strong>of</strong> <strong>Oxford</strong>, Mississippi it was resolved by the Mayor and Board that it was the<br />

intention <strong>of</strong> said Mayor and Board <strong>of</strong> Aldermen to take bids on two (2) 1970 model<br />

cars with trade-in for the Police Department and that the Mayor and Board <strong>of</strong> Alder-<br />

men <strong>of</strong> the <strong>City</strong> <strong>of</strong> <strong>Oxford</strong> would take final action on said resolution at 7:30 p. m.<br />

October 21, 1969 in the <strong>of</strong>fice <strong>of</strong> the Mayor <strong>of</strong> the said <strong>City</strong>.

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