Order No. 11 394 Order Requesting !;has. Schreiner Bank, Trustee of the Charles Schreiner Road Fund, to Make Expendi- ture of Accrued Earnings for the Purpose of Acquir- ing Right-of-Way for State Highway No. 16 in Kerr County On this the 9th day of August, 1971 came on to be heard and con- sidered by the Court, acting in its capacity 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 Fund, as to the purposes for which certain accrued 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 Gourt of Kerr County is committed to secure additional right-of-way for the reconstruction of State Highway 16 in Kerr County commencing at the city limits of the City of Kerrville, at the intersection of F. M. Road 689 with said highway, and running for a distance of 7 miles to the proximity of the intersection of F. M. Road 1273 with said highway; And it further appearing to the Gourt that all of the funds required for such right-of-way procurement cannot be provided from the current reve- nues of Kerr Gounty 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 Commis- sioner Bartel and unanimously approved by the Court that the Commissioners Court of Kerr County, acting in its capacity as Advisory Trustee of the Gharles 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 reconstruction of the portion of State Highway 16 as aforesaid; And it is further recommended that the said Chas. Schreiner Bank make payment of such accrued funds to the Kerr County Treasurer for deposit in the Highway 16 Right-of-Way Fund within the Kerr Gounty Treasury Account, doing so at such time as all current investment of these funds have reached their full ORDER i?E~UrSTING ^hAS. SCn?iEIVER 31iiK, T?iU3TET? pF ~!'?E C3ARLES ' r ' S~HREINER ROAI1 FUND, "'C' P"AKE Y EXP?:r;DITli .~.' OF A'/C~3UED EARNIT?GS „OIt T?i^: PU~4POSE OF AC~UIRIRTG R~GiTT-OF-+VAY FOR STATE rIGHwAY -~ NO. 1n IN KERR COUNTY _ +, ~: r ~ Y I! V n i