6~ n?0. 11394 ORDER RE~wUESTING CHAS. SCHREINER BANK, TRUSTEE OF THE, CHARLES SCHREINER ROAD FUrdD, TC MAKE EXP]iP?DITL`RE OF ACCRUED EARNINGS FOR THE PURYCSE OF AC'~UIRING RIGHT-OF-'rlAY FGR STATE HIGHWAY N0. 16 IN KERR COUNTY On this the 9th day of August, 1971 came on to be heard and r,onsidered by the Court, acting in its papar,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 Cour_ty, Texas, the matter of advising; the Chas. Schreiner Bank of Kerrville, Texas, Trustee of the Charles Schreiner Road Furid, as to the purposes for which pertain apnrued earnings of said Trust Fund might be expended in furtherance of the purposes for which said trust is r,reated; And it appearing to the Court that the Commissioners Court of Kerr County is committed to secure additional right-of-way for the reponstruption of State Highway 16 in Kerr County commencing at the city limits of the City of Kerrville, at the intersection of F. r?. Road 689 with said highway, and running for a dist.pnee of 7 miles to the proximity of the inter- section of F. M. Road 1?73 with slid highway; And it further appearing to the Court that all of the funds required for such right- of-way procurement car_not be provided from the purrent revenues of Kerr County and that the improvement of the aforesaid portion of State Highway 1.6 is essential to provide adequate aepess to and from the City of Kerrville for the areas of development which this road serves, i.t 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 r,apar,ity as Advisory Trustee of the Charles Schreiner Road Fund, hereby recommends that the Chas. Sohreiner Bank of Kerrville, Texas, Trustee of the said Charles Schreiner Road Fund, expend those funds now under its pontrol which r,onstitute 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 reconstrur,- tion of the portion of State Highway lh as aforesaid; And it is further repommended that the said Chas. Schreiner Bank make payment of suph apnrued funds to the Kerr County Treasurer for deposit in tT,e Highway 16 Right-of-Way Fund within the Kerr Countyy Treasury Acpount, doing so at such time as all ~urrert investment of these funds have reached t.:eir full maturity dates. o-o-o-o-o-o-o-o-o-o TRIG. 11395 i'RATISFER OF 7310,000.00 FROP'I F. iii. LATERAL ROAD FUND TO F. T,. 480 RIGHT-OF-WAY FITND G'n this the 9t r. day of August 1y71, upor. motion made by Commissioner Bartel, seconded by Commissioner Sallee, the Court unan_irriously approved th