4 - City of Oxford

97768- 1.1C1•1211-ROCM
MINUTE BOOK No. 24, CITY OF OXFORD
Said bond shall also provide that it may be forfeitable, at the City's option,
in the event of Grantee's abandonment of its system.
SECTION V. The rights hereby granted shall continue operative for a term
of twenty (20) years, from and after the effective date of this Ordinance; that
the Grantee shall pay the City the cost of publishing this Ordinance according
to law, and shall pay any and all other costs incurred by the City as a result
of the adoption of this Ordinance.
SECTION VI. The right, authority, easement and privilege granted herein
shall not be assigned or transferred, other than as provided in sub-paragraph
(f) under Section I hereof, by Grantee without the express written permission
of the Mayor and Board of Aldermen of the City of Oxford, Mississippi.
SECTION VII. That this Ordinance shall become effective as provided by
law; that this Ordinance shall be accepted by the Grantee, and which acceptance
shall be in writing and filed with the City Clerk within thirty (30) days after
its final adoption by the Board.
The within and foregoing Ordinance was first reduced to writing, read by
the Clerk and considered section by section and as a whole at a regular meeting ,
being a public meeting, of the Mayor and Board of Aldermen of the City of Oxford
Mississippi, held on the 21st day of May, 1968, and upon motion made by Alder-
man Hannaford, duly seconded by Alderman King and passing unanimously, said
Ordinance was adopted by the Mayor and Board of Aldermen of Oxford, Mississippi,
by a vote as follows:
Alderman voting "yea", J. P. McLaurin, Jr., Harry S. Sisk, Bill A. Hanna-
ford, Linder Owens and James N. King.
Alderman voting "nay", None.
Whereupon, it was declared, adopted and to remain on file with the City
Clerk for public inspection for at least two weeks and to be published one
time in The Oxford Eagle, Oxford, Mississippi, and to become effective as pro-
vided by law.
(SEAL)
Adopted, this the 21st day of May, 1968.
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