The chronicle., 1963-12-19
Legal Notices

Legal Notices
NO. 1899
NOTICE OF INTENTION OF THE
, CITY OF PASCAGOULA TO SELL TO
JACKSON COUNTY. MISSISSIPPI
PORT AUTHORITY. THE MUNICH
PALLY OWNED WATER SYSTEM
AND PROPERTIES OUTSIDE THE
PRESENT LIMITS OF THE CORPO-
RATE LIMITS OF THE CITY OF
IPASCAGOULA, AND WITHIN THE
BAYOU CAsOTTE AREA. AND THE
MUNICIPALITY OWNED WATER AND
SEWERAGE SYSTEM EAST OF THE
PRESENT CORPORATE LIMITS OF
THE CITY AND BOUNDED BY A
LINE RUNNING PARALLEL TO AND
500 FEET NORTH OF THE RIGHT OF
WAY OF U. S. HIGHWAY 80.
WHEREAS. the City of Pascagoula
is empowered and authorized by Sec
ton "a, Chapter 494 OF the Laws OF
1850 to sell any or all of its munich
palIy owned water and sewerage sys-
TENS or properties on such terms and
conditions. and with such safeguards
as will best promote and protect the
public interest, and is further m
powered and authorized to transfer
title thereto by warranty deed, bill OF
sale or contract, and
, WHEREAS, Jackson County, acting
through it's County Port Authority en-
tered into q contract with the City
Of Pascagoula on June l9, 1852 and
July IL, 1862 whereby 1t was agreed
that the county should Immediately
proceed with the construction OF
sewerage and water facilities in the
Bayou Casotte area of Jackson County,
Mississippi, subject to certain condl-
lions therein set out, and subject to
other contracts and agreements TO be
entered into between the contracting
parties, and
WHEREAS, the county proceeded to
offer for sale and has sold and or
dered issued IS, 900, 100000 Combined
Water and Sewer Revenue Bonds OF
Jackson County, Mississippi, and
WHEREAS, it is now necessary TO
modify, enlarge and make certain the
contract of such proposed sale OF the
aforesaid properties by the City to the
County, to set out the price and other
general terms and conditions OF such
proposed sale, and to give notice OF
the intention of the City of Pasca-
goula to make such sale and for the
| county and the city to enter into a
| contract for the maintenance and
operation Of part of such combined
water and sewerage facilities in the
Bayou Casotte area.
NOW THEREFORE, public notice IS
hereby given of the intention OF the
governing authority of the City OF
P~ascagoula, hereinafter called the
CITY, to enter into a contract OF sale
with the Eoard Of Supervisors Of Jac--
son County, and the JACKSON County
Port Authority, hereinafter called the
County in Substantially the following
Language, to-wit:
L. The City agrees to sell and the
| County agrees to purchase all OF the
City's municipality owned water sys-
tenn and properties outside OF the pre-
sent corporate limits of the City OF
P~ascagoula and in the Bayou Casotte
area, and all of the city's municipality
owned water and sewerage system out
side Of the present corporate limits OF
the City of Pascagoula in that area
bounded by a line parallel to and
800 feet North of the right OF way OF
the U. S. Highway No. 80, East OF the
present corporate limits OF the City
of Paecagoula.
2. The County agrees to pay for the
purchase Of the aforesaid system and
properties the sum of $116.229.54. The
City shah make adequate provisions
for the payment in full OF its out
| standing S619, coo Bonds Of the 1928, 600
Combined water and Sewer Bonds OF
the City dated March /, 1860, by Is
| suing refunding bonds Of the City
prior to or simultaneously with such
purchase. simultaneously with the
payment to the County for and the
delivery to the purchasers OF the S.
600, coo Combined Water and Sewer
Revenue Bonds of Jackson County,
Mississippi, issued under authority OF
the Resolution adopted by the County
on September IL. 1863, the City shall
execute and deliver a Bill OF Sale
conveying to the County all of the
City's municipality owned water and
| sewerage systems and facilities in the
unincorporated area as described in
Paragraph ~ hereinabove to an es-
crow agent to be designated by the
County to be held by said escrow
agent and the County shall deposit
with such escrow agent the sum of
$~116,229.54 in payment thereof which
sum shall be held by such escrow
agent. AS soon as such unincorporated
territory can be served by the new
water and sewerage facilities being
constructed by the County, the escrow
agent, upon being notified thereof, in
writing by Barth and Associates, Inc.
engineers fer the County, shall i'm
mediately deliver the Bill Of Sale from
the City for such facilities to the
County and pay the sum of $116,-
229.54 to the City. So long as said
sum of $116.229.54 is held by the es-
crow agent it may be invested as
authorized by Section II (b) Of the
Resolution adopted by the County on
September IL, 1868, with the income
therefrom to be paid to the County
and deposited in the Water and Sewer
Bond and Interest Fund.
3. Until the separate county system
has been completed and the unincor-
porated territory can be served by such
new separate county system. and the
present users of the municipality own
ed water and sewerage systems are
disconnected from the municipal sys-
tenn and are connected to the County's
separate system, the users Of munich
pally owned water and sewerage sys-
TENS hereby conveyed shall continue
to be charged the same rates as now
in force by the City or. In the event
of the annexation of such territory by
the City. the same rates as now IN
force within the municipality. and
the City shall continue to receive all
Of such revenues. On completion
Of the separate county system and
the delivery of the Bill of Sale from
the City by the escrow agent to the
County as provided by Paragraph t2)
hereinahove. the rates adopted by the
County under its Resolutions of Sep
TENDER IL, 1868 and September Is,
1868. shall then become in effect as
to all users connected to such sepa-
rate county system, and all funds
|mAerl - A@Tl1-ks A~ A&A.~araI d.