~~~ IdO. 11394 ORDER REwUESTING CHAS. SCHREINER BANK, TRUSTEE OF THE CHARLES SCHREINER ROAD FUND, TO MAKE EXPENDITURE OF ACCRUED EARA;IA?GS FOR THE PURPOSE OF ACQUIRING RIGHT-OF-6VAY FGR STATE HIGHWAY N0. 16 IN KBRR COUNTY On this the gth day of August, 1871 came on to be heard and considered by the Court, acting in its r,apar,ity as Advisory Trustees of the Charles Schreiner Road Fund, pursuant to judgment entered in Cause No. 6127 on the docket of the Second Thirty-eighth District Court of Kerr County, Texas, the matter of advising the Chas. Schreiner Bank of Kerrville, Texas, Trustee of the Charles Schreiner Road Fuc,d, as to the purposes for which certain a~nrued earnings of said Trust Fund might be expended in furtherance of the purposes for which said trust is created; And it appearing to the Court that the Commissioners Court of Kerr County is committed to secure additional right-of-way for the reconstruction of State Highway 16 in Kerr County commencing at the r,ity limits of the City of Kerrville, at the intersection of F. PI. Road 689 with said highway, and running for a distance o£ 7 miles to the proximity of the inter- section of F. bI. Road 1273 with said highway; And it further appearing to the Court that all of the funds required for such right- of-way procurement cannot be provided from the current revenues of Kerr County and that the improvement of the aforesaid portion of State Highway 16 is essential to provide adequate access to and from the City of Kerrville for the areas of development which this road serves, it is ordered on motion by Commissioner Stone, seconded by Commissioner Bartel and unanimously approved by the Court that the Commissioners Court of Kerr County, acting in its rapacity as Advisory Trustee of the Charles Schreiner Road Fund, hereby recommends that the Chas. Schreiner Bank of Kerrville, Texas, Trustee of the said Charles Schreiner Road Fund, expend those funds now under its control which constitute the earnings of the said trust fund for the year 1970 as well as prior years for the purpose of aiding the Commissioners Court of Kerr County in the procurement of right-of-way for the reconstruc- tion of the portion of State Highway 16 as aforesaid; And it is further recommended that the said Chas. Sohreiner Bank make payment of such aec,rued funds to the Kerr County Treasurer for deposit in t?~e HigYr.vay 16 Right-of-Way Fund within the Kerr County Treasury Acecunt, doing so at such time as all current investment of these funds have reached their full maturity dates. o-o-o-o-o-o-o-o-o-o N0. 11395 `i'RA?ISFER OF 310, 000.00 FROPI r^ i"I. LATERAL ROAD FUND TO F. M. 480 RIGHT-OF-WAY FUND Cn this the 9th day of August 1y71, upon motion made by Commissioner Bartel, seconded by Conm!issioner Sallee, the Court unanimously approved that the County Clerk and the County Treasurer be, and are hereby directed to trar_sfer the sum of 31C,000.GG from the F. Ni. LAT RAL ROAD FUPdD to the F. P°i. 480 RIGHT-OF-'.lAY FUND. O-O-O-O-O-O-J-O-O-O N0. 11396 APPORTI01`'ME'21T OF 316,000.00 FROivi GENERAL ROAD AND BRIDGE FUND Cn this the 9th day of August 1971, upon motion made ny Commissioner Bartel, seconded by Coruniss:ioner Sehwethelm, the Court unanimously approved that the County Clerk and County Treasurer be and are hereby directed to apporticn the sum of 316,000.00 out of the General Road and Bridge Fund to the ,respecti.ve Commissioners' Precincts: Road ~: Bridgc: Pic. 1 Road & Bridge No. 2 Road & Bridge No. 3 Road & Bridge No. 4 ------- 34,8GO.G0 ------- $3,2_00.00 ------- 33,200.00 ------- 34,800.00 d~~ o-o-o-c-o-e-o-o-o-o