4 - City of Oxford

97768 aramwmama
MINUTE BOOK No. 24, CITY OF OXFORD
The Mayor and Board of Aldermen took up for consideration the matter of
directing the issuance of Twenty-five Thousand Dollars ($25,000) Special Street
Improvement Bonds of the City of Oxford, Mississippi, and, after a discussion
of the subject, Alderman McLaurin offered and moved the adoption of the follow-
ing resolution:
A RESOLUTION DIRECTING THE ISSUANCE OF
TWENTY-FIVE THOUSAND DOLLARS ($25,000)
SPECIAL STREET IMPROVEMENT BONDS OF THE
CITY OF OXFORD, MISSISSIPPI; PRESCRIBING
THE FORM AND DETAILS OF SAID BONDS, DIRECT-
ING THEIR EXECUTION AND DELIVERY, AND PRO-
VIDING FOR THE PAYMENT THEREOF, BOTH PRIN-
CIPAL AND INTEREST.
WHEREAS, heretofore, to-wit: on the 7th day of January, 1969, the
Mayor and Board of Aldermen of the City of Oxford, Mississippi, duly and regu-
larly adopted a resolution declaring necessary certain improvements on that
part of PEGUES STREET in the City of Oxford, described as follows:
A 50 ft. wide strip being situated in the NW+ of Section 27
and the SW+ of Section 22, T8S, R3W, Lafayette County, Mississippi,
said property being further described as follows:
Starting at the point of intersection of the center line of
Mississippi Highway No. 6 with the west line of said Section
27, proceed thence along said center line for 2442.46 ft. to
Sta. 55 + 75.46, thence N 17° 33' for 50.38 ft. to the point
of beginning. From said point of beginning, said 50 ft.
strip is heretofore described as being 25 ft. on either side
of a line proceeding thence N 17° 33'E for 102.22 ft., thence
N 6° 14 1 E. for 285.05 ft., thence NO° 14'W for 720.95 ft.,
thence N 4° 00'W for 362.4 ft., thence N 6° 08' E. for 43.64 ft.
to the end of the project;
all as shown on plans and specifications heretofore prepared by the Engineer
for said City and now on file in the office of the City Clerk; and
WHEREAS, the aforesaid resolution was duly published in the Oxford
Eagle, a newspaper published and of general circulation in the City of Oxford,
Mississippi, on the 16th, 23rd, and 30th days of January, 1969; and
WHEREAS, pursuant to said resolution, the said Mayor and Board of
Aldermen did meet at 7:30 o'clock P. M. on the 4th day of February, 1969, to
hear and determine all objections or protests that might be made to or against
the making of said improvements; and
WHEREAS, on said 4th day of February, 1969, protests were filed by
eleven persons against the making of said improvements and hearing on said pro-
tests was continued until the hour of 7:00 o'clock P. M. on the 20th day of
February, 1969; and
WHEREAS, on said 20th day of February, 1969, pursuant to the afore-
said continuance, three of the eleven protests previously filed were found to
be ineligible for further consideration and the eight remaining protests did
not represent fifty per centum (50%) of the owners of property ebutting on
that part of Pegues Street to be improved; and