The Chronicle star the Moss Point advertiser., 1950-02-17

taxation purposes covering all lots and
parcels of land and all improvements
within the boundaries of the City OF
Pascagoula, Jackson County, Missis-
sippi.
First Party agrees TO furnish a set
of sectional maps from actual aerial
surveys made for us and also from
existing records and actual measure
ments on the ground, these maps TO
be drawn to suitable scale and to show
all lots. subdivisions, splits Of lots
from which a legal description of each
may re drawn or partial lots. etc.
with a set of abstract sheets showing
ownership of all lots and tracts III
land. together with the actual 1907
valuation of all such lots and tracts
OF land and all improvements of same.
These records are to be bound IN
good and substantial binders.
2. LANDS:
First party agrees to furnish the re-
CURED and necessary services IL ex-
perts in lands eValuation methods,
who will ascertain and determine the
valuations of each single street or
road to the lots and parcels of land
fronting thereon This having been
done, the experts will compute the
valuation of all lots and parcels ac-
curately and proportionateiy and
truly, according to such unit foot val
uations, and take into consideration
depreciation for kad locations. creeks.
overflow, etc.
3 BUILDING AND IMPROVE
FIRST Party agrees to furnish the
services of experts in building valua-
tion methods. who will measure and
describe buildings and improvements
upon lots and parcels of land in the
City of Pascagoula. Miss. applying
T. a.
tions for each. based upon the fair
market cost of any new production
with specific depreciation. if any. ex-
pressed in one percentage for ccnsid-
Grafton of mechanical deterioration.
obsolescence, age and lack of utility.
Information and data for each build
ing will Re tabulated on a permanent
card record, showing the size, class,
kind, condition, number Of stories,
roof etc, together with Improvements
such as fixtures, water, bath, sewer.
electric and utility connections with
factors of valuation and depreciation
as ascertained by local investigation.
l. EXEMPT LANDS:
II is expressly understood that this
service shall not include land and
buildings that are now carried on the
city tax roll as exempt from taxation
s. PUBLIC UTILITIES. INDUS
TRIAL PLANTS & BUSINESS PER
SONAL PROPERTY:
The Party of the First Part agrees
10 furnish the services of experts in
the valuation of personal property and
equipment commonly used by public
utilities and industrial plants, and to
make an appraisal of all such property
and equipment, and also a valuation
of all business personal property
such as stocks of merchandise, fix
tures, machinery and furniture used
in carving on business, but this con-
-nnHl
perty in homes, and automobiles, jew
elry, stocks and bonds or any intan-
glble properties
G. GENERAL:
First Party agrees to furnish all rec
ords, properly inde%ed as TO subdiV-
isions and blocks. the land computa-
tion and the building record cards. for
all lots and parcels within the City OF
Paseagoula, Jackson County, Missis
sppi. II IS agreed and unders TODD that
said City of Pascagoula will furnish
First Party a suitable place to work
and the use of existing maps and other
records Of the CITY for use in such
work as far as they may be useful.
IL.
First Party agrees to complete the
work and services on said property
herein described within one Hundred
Fifty 150l DAYS after signing of this
agreement, subject to the satisfaction
Of and acceptance by the City Com
mission OF Pascagoula, jackson Coun-
ty, Mississippi
For services contemplated to be rem
dered and completed under this con-
tract, Second Party agrees to pay First
Party a total sum of Sixteen Thousand
l$i6,000.001 Dollars as follows:
$2,5000O thirty 800 days after start
ing of work.
$250OO0 sixty (G0) days after starting
of work.
So 600 90 upon the completion of the
work and acceptance by the City Com
mission of values and records. and
100000. the balance. on or before
April lst 1851,
First Party agrees to employ and
personally supervise a staff of experts
experienced in evaluation work and
to conduct such work with diligence
from the date of the beginning of the
work to be done hereunder until lin
ished, and agrees TO complete all work
required OF First Party herein accord
ing to approved engineering practices
applicable thereto.
".
FIR Party a2rees that il will al
It's own cost and expense furnish al
equipment. stat cnery, supplies aUo
materials necessary to complete this
contract, and viii make prompt pay
ment FOR al OF same, and at the re-
quest of Second Party will furnish
proper proof of such payment.
First Party agrees that il will cause
comDetant representative OF FRS
Party to attend the public hearings OF
the Board of Equalization of said City
to defend any valuations set undes
this contract This service shall not
exceed twelve Q2) calendar DAYS in
concession in total. and should addi-
tional time he required in public hear
ings of said Board of Equalization, :
charge of said additional time will be
made ~ First Party al a rate of Fifty
$50 0G) Dollars per day
EXECUTED, this the day of Feb
ruary, 1850.