4 - City of Oxford

97768- KRIMEWILMet
MINUTE BOOK No. 24, CITY OF OXFORD
ARTICLE II
CONTRIBUTION BY THE MUNICIPALITY
(a) It is agreed between the parties that the Municipality shall cause to
be paid to the Planning Agency the sum of
FOUR THOUSAND FOUR HUNDRED THIRTY-SIX DOLLARS ($4,436.00)
which sum represents the Contribution by the Municipality for the purposes here-
in mentioned.
(b) The contribution provided herein shall be paid by the Municipality to
the Planning Agency on the date of the contractual acceptance.
(c) It is expressly understood and agreed that in no event will the total
compensation or reimbursement, if any, to be paid hereunder exceed the maximum
sum of FOUR THOUSAND FOUR HUNDRED THIRTY-SIX DOLLARS ($4,436.00)
for all services required.
ARTICLE III
CONTRIBUTIONS AND RESPONSIBILITIES OF THE
STATE OF MISSISSIPPI
(a) It is the understanding of all the parties to this Contract that the
Planning Agency, by joining in this Contract, does not pledge or promise to
pledge the assets of the State of Mississippi, nor does it promise to pay any
monies of the Treasury of the State except such monies as shall be granted and
paid to the State for this project by the United States Department of Housing
and Urban Development, and such monies as shall be paid to the State by the
Municipality under the provisions of Article II of this Contract.
(b) It is further understood and agreed by the parties hereto that the
Planning Agency may contract with qualified technical consultants experienced
in municipal planning to perform the actual planning studies and work contem-
plated by this Agreement to be provided said Municipality by the Planning
Agency, and that in the performance of such planning studies and work, all re-
quirements of the federal law and regulations established as a condition to
the receipt of federal funds for such purpose, shall be fully complied with.
(c) It is further understood and agreed by the parties hereto that should
the United States Department of Housing and Urban Development disapprove this
Contract or refuse to make the grant to the State of Mississippi as contemplated,
by this Contract, then this Contract shall be void and shall not be binding
on the parties to this Contract.
(d) To assist in the preparation of a comprehensive plan for future de-
velopment of said Municipality, the Planning Agency agrees to provide the plan-
ning studies described in Section II for the City of Oxford, Mississippi,