4 - City of Oxford

97768— ral a os- waasz
MINUTE BOOK No. 24, CITY OF OXFORD
Following the reading of the bids the Mayor and Board of Aldermen proceed-
ed to consider them for the purpose of determining which was the best and most
advantageous bid submitted.
After a full consideration of the bids, Alderman Sisk offered and moved
the adoption of the following resolution:
A RESOLUTION DIRECTING THE SALE AND AWARD OF EIGHTY-
FIVE THOUSAND DOLLARS ($85,000) PUBLIC IMPROVEMENT
BONDS OF THE CITY OF OXFORD, MISSISSIPPI, DATED JUNE 1,
1968
WHEREAS, the Mayor and Board of Aldermen of the City of Oxford, Mississipp
on the 23rd day of April, 1968, did adopt a resolution directing that Eighty-
five Thousand Dollars ($85,000) Public Improvement Bonds of said City be offer-
ed for sale on sealed bids to be received until the hour of 7:30 o'clock P. M.
on Tuesday, the 21st day of May, 1968f and
WHEREAS, as directed by the aforesaid resolution and as required by Chap-
ter 325, Laws of Mississippi, 1946, notice of the sale of said bonds was duly
published in The Oxford Eagle, a newspaper published and or general circula-
tion in the City of Oxford, Lafayette County, Mississippi; said notice having
been published in said newspaper at least two time, and the first publication
having been made at least ten (10) days preceding the 21st day of May, 1968;
all as shown by proof Of publication of sais notice filed in the office of the
City Clerk; and
WHEREAS, the Mayor and Board of Aldermen did meet at the City Hall of the
City of Oxford, Mississippi, at 7:30 o'clock P. M., on Tuesday, the 21st day
of May, 1968; and
WHEREAS, at said time and place four (4) sealed proposals for the purchase'
of the aforesaid bonds were received, examined, and considered by the Mayor
and Board of Aldermen; and
WHEREAS, the Mayor and Board of Aldermen find and determine that the
highest and best bid made for said bonds was made by Alvis & Company of Jack-
son, Mississippi, and further find that said offer was accompanied by a
cashier's check payable to the City of Oxford, Mississippi, in the amount of
One Thousand, Seven Hundred Dollars ($1,700), issued or certified by a bank
located in the State of Mississippi, as a guarantee that said bidders would
carry out their contract and purchase the bonds if their bid be accepted:
NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND BOARD OF ALDERMEN OF THE
CITY OF OXFORD, MISSISSIPPI, AS FOLLOWS:
SECTION 1. That the Eighty-five Thousand Dollars ($85,000) Public Improve
ment Bonds of the City of Oxford, Mississippi, bearing date of June 1, 1968,