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4 - City of Oxford

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446<br />

97768.—mmeHuma<br />

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

The Mayor and Board <strong>of</strong> Aldermen then took up the matter <strong>of</strong> directing<br />

the issuance <strong>of</strong> Seven Hundred Fifty Thousand Dollars ($750,000) School Bonds<br />

<strong>of</strong> the <strong>Oxford</strong> Municipal Separate School District <strong>of</strong> Lafayette County, Mississippi,<br />

authorized at a special election held in said District on the 15th day <strong>of</strong> July,<br />

1969. After a discussion <strong>of</strong> the subject, Alderman Hannaford <strong>of</strong>fered and moved<br />

the adoption <strong>of</strong> the following resolution:<br />

A RESOLUTION AUTHORTZING AND DIRECTING THE ISSUANCE OF<br />

SEVEN HUNDRED FIFTY THOUSAND DOLLARS ($750,000) SCHOOL<br />

BONDS OF THE OXFORD MUNICIPAL SEPARATE SCHOOL DISTRICT<br />

OF LAFAYETTE COUNTY, MISSISSIPPI, AUTHORIZED AT A<br />

SPECIAL ELECTION HELD IN SAID DISTRICT ON THE 15TH DAY<br />

OF JUIY , 1969; SETTING OUT THE FORM OF SAID BONDS AND<br />

THE INTEREST COUPONS TO BF ATTACHED THERETO, DETER-<br />

MINING THE RATES OF INTEREST, MATURITIES, AND PLACE OF<br />

PAYMENT THEREOF, AND MAKING PROVISION FOR THE LEVY OF<br />

A TAX SUFFICIENT TO PAY THE INTEREST ON SAID BONDS AS<br />

IT ACCRUES AND TO PAY THE PRINCIPAL THEREOF AT MATURITY.<br />

WHEREAS, on the 27th day <strong>of</strong> May, 1969, the Board <strong>of</strong> Trustees <strong>of</strong> the<br />

<strong>Oxford</strong> Municipal Separate School District <strong>of</strong> Lafayette County, Mississippi, did<br />

adopt a certain resolution requesting the Mayor and Board <strong>of</strong> Aldermen <strong>of</strong> the<br />

<strong>City</strong> <strong>of</strong> <strong>Oxford</strong>, Mississippi, to take the necessary action to call an election<br />

in said School District for the purpose <strong>of</strong> submitting to the qualified electors<br />

there<strong>of</strong> a proposal for the issuance <strong>of</strong> bonds <strong>of</strong> said District in the amount <strong>of</strong><br />

Seven Hundred Fifty Thousand Dollars ($750,000) to raise money for the purpose<br />

<strong>of</strong> purchasing additional lands for school purposes, erecting and equipping an<br />

elementary school building and related facilities therefor, and providing nec-<br />

essary water, light, heating, and sewerage facilities therefor and for the<br />

schools in said District; and<br />

WHEREAS, upon receipt <strong>of</strong> a duly certified copy <strong>of</strong> the aforesaid reso-<br />

lution, the Mayor and Board <strong>of</strong> Aldermen <strong>of</strong> the <strong>City</strong> <strong>of</strong> <strong>Oxford</strong>, Mississippi,<br />

acting for and on behalf <strong>of</strong> the <strong>Oxford</strong> Municipal Separate School District <strong>of</strong><br />

Lafayette County, Mississippi, by a certain resolution adopted at a meeting<br />

<strong>of</strong> said Mayor and Board <strong>of</strong> Aldermen duly and regularly held on the 16th day <strong>of</strong><br />

June, 1969, did direct that a special election he held in said District on<br />

Tuesday, the 15th day <strong>of</strong> July, 1969, for the purpose <strong>of</strong> submitting to the qual-<br />

ified electors <strong>of</strong> said District the following proposition, to-wit:<br />

and<br />

PROPOSITION<br />

Shall the <strong>Oxford</strong> Municipal Separate School. District<br />

<strong>of</strong> Lafayette County, Mississippi, issue its bonds in<br />

the maximum amount <strong>of</strong> Seven Hundred Fifty Thousand<br />

Dollars ($750,000) to raise money for the purpose <strong>of</strong><br />

purchasing additional lands for school purposes, erecting<br />

and equipping an elementary school building and related<br />

facilities therefor, and providing necessary water,<br />

light, heating, and sewerage facilities therefor and<br />

for the schools in said district?

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