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4 - City of Oxford

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97768--mmwmon<br />

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

NOTICE TO BIDDERS<br />

Notice is hereby given that the Mayor and Board <strong>of</strong> Aldermen <strong>of</strong> the <strong>City</strong><br />

<strong>of</strong> <strong>Oxford</strong>, Mississippi, will receive sealed bids for lease <strong>of</strong> the old <strong>Oxford</strong><br />

Airport property, containing certain buildings and one hundred sixty (160) acres<br />

<strong>of</strong> lands, more or less, on Tuesday, January 20, 1970, at 7:10 o'clock p. m.<br />

Bids should be plainly marked "Sealed Bid On Lease <strong>of</strong> Old <strong>Oxford</strong> Airport Pro-<br />

perty," and they should be filed with the <strong>City</strong> Clerk at <strong>City</strong> Hall. Bids may<br />

be for a term <strong>of</strong> one, two, three or four years and the lease, among other things,<br />

will contain provisions that the annual rental required will be payable in<br />

advance, that the lessee may make any lawful use <strong>of</strong> the property desired, that<br />

the lesse may sublet any part, but not all, <strong>of</strong> the property, that all maintenance<br />

on the property and improvements to it desired by the lessee will be clone at<br />

the lessee's expense, the <strong>City</strong> declining to do any maintenance or improvements<br />

to said property or its buildings, that any substantial changes to the property<br />

must first be approved by the <strong>City</strong> through its <strong>City</strong> Engineer, that the lessee<br />

will bold the <strong>City</strong> <strong>of</strong> <strong>Oxford</strong> harmless from any and all liability which the <strong>City</strong><br />

might incur by reason <strong>of</strong> the lessee's use and occupancy <strong>of</strong> the premises, and<br />

that, upon conclusion <strong>of</strong> the lease, the property will be returned to the <strong>City</strong><br />

in as good a condition as when leased, normal wear and tear expected. The form<br />

<strong>of</strong> the proposed lease is on file in the <strong>of</strong>fice <strong>of</strong> the <strong>City</strong> Clerk at <strong>City</strong> Hall,<br />

and bidders are invited to examine it if they desire to do so, the lease contain-<br />

ing a detailed description <strong>of</strong> the property proposed to be leased.<br />

The <strong>City</strong> reserves the right to reject any and all bids.<br />

STATE OF MISSISSIPPI 0<br />

COUNTY OF LAFAYETTE 0<br />

Richard W. Elliott, Mayor<br />

H. C. Wiley, Jr., <strong>City</strong> Clerk<br />

LEASE C O N T R A C T<br />

This lease contract is entered into on this the day <strong>of</strong><br />

1970, by and between the <strong>City</strong> <strong>of</strong> <strong>Oxford</strong>, Mississippi, a municipal<br />

corporation, hereinafter referred to as <strong>City</strong>, and<br />

a , hereinafter referred to as<br />

witnessetb:<br />

Whereas, <strong>City</strong> is the owner <strong>of</strong> the following described real property situa-<br />

ted in Lafayette County, Mississippi; and

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