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4 - City of Oxford

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66<br />

97768— wawa-wow<br />

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

that the aforementioned deposit or bond has been forfeited. Said bond shall<br />

also provide that it may be forfeitable, at the <strong>City</strong>'s option, in the event <strong>of</strong><br />

Grantee's abandonment <strong>of</strong> its system.<br />

SECTION V. The rights hereby granted shall continue operative fvr a term<br />

<strong>of</strong> twenty (20) years, from and after the effective date <strong>of</strong> this Ordinance; that<br />

the Grantee shall pay the <strong>City</strong> the cost <strong>of</strong> publishing this Ordinance according<br />

to law, and shall pay any and all other costs incurred by the <strong>City</strong> as a result<br />

<strong>of</strong> the adoption <strong>of</strong> this Ordinance.<br />

SECTION VI. The rights, authority, easement and privilege granted herein<br />

shall not be assigned or transferred, other than as provided in sub-paragraph<br />

(f) under Section I here<strong>of</strong>, by Grantee without the express written permission<br />

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

SECTION VII. That this Ordinance shall become effective as provided by<br />

law; that this Ordinance shall be accepted by the Grantee, and which acceptance<br />

shall be in writing and filed with the <strong>City</strong> Clerk within thirty (30) days after<br />

its final adoption by the Board.<br />

The within and foregoing Ordinance was first reduced to writing, intro-<br />

duced in the form in which it is hereby finally adopted by the Mayor and Board<br />

<strong>of</strong> Aldermen <strong>of</strong> the <strong>City</strong> <strong>of</strong> <strong>Oxford</strong>, Mississippi, read by the Clerk and considered<br />

section by section and as a whole at a regular meeting <strong>of</strong> the Mayor and Board <strong>of</strong><br />

Aldermen held on the 21st day <strong>of</strong> May, 1968, being a public meeting, and there-<br />

after was published on May 23, 1968, in The <strong>Oxford</strong> Eagle, a legal newspaper,<br />

published in the <strong>City</strong> <strong>of</strong> <strong>Oxford</strong>, Mississippi, and having a general circulation<br />

in the <strong>City</strong> <strong>of</strong> <strong>Oxford</strong>, County <strong>of</strong> Lafayette, State <strong>of</strong> Mississippi, and pro<strong>of</strong> <strong>of</strong><br />

publication being exhibited to the Mayor and Board <strong>of</strong>. Aldermen and found to be<br />

in the manner and form required under the laws <strong>of</strong> the State <strong>of</strong> Mississippi, and<br />

said Ordinance remained on file with the <strong>City</strong> Clerk <strong>of</strong> the <strong>City</strong> <strong>of</strong> <strong>Oxford</strong>,<br />

Mississippi, for public inspection for more than two weeks before the final<br />

passage there<strong>of</strong>, and having been published and remained on file with the <strong>City</strong><br />

Clerk for public inspection as required by law; and in this final form was read<br />

by the Clerk and considered section by section and as a whole at a regular<br />

meeting, being a public meeting, <strong>of</strong> the Mayor and Board <strong>of</strong> Aldermen held on the<br />

llth day <strong>of</strong> June, 1968, and upon motion made by Alderman Owens, duly seconded<br />

by Alderman McLaurin and passing unanimously, the within Ordinance was duly<br />

passed and adopted by the Mayor and Board <strong>of</strong> Aldermen <strong>of</strong> <strong>Oxford</strong>, Mississippi,<br />

by a final vote as follows:<br />

Aldermen voting "yes", J. P. McLaurin, Jr., Harry S. Sisk, Bill A. Hannaford,<br />

Linder Owens and James N. King.

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