oRVt:i< No. 139].7
ORDER REQiJEST'ING CIIA5. SGFIREINER BANK, TRUSTEE OF TP1E (IIARLES
SCf1REINER ROAI' FUND, 'TO MAKE EXPENDITURE OF ACCRUED EARNINGS
FOR 'TfIE PURPOSE OF ACQUIRING RIGHT OF WAY FOR STATE LOOP 534
NORTHEAST OF THE CITY OF KERRVILLE,
Oar this the 14th day of January, 1980, came on to be heard and
considered 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 216th 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 futherance of the
purposes for which said trust is created;
And it appearing to the Curt that the Commissioners' Court
of Kerr County is committed to secure right of way for the construction of that
portion of State Loop 534 between State Highway 16 and F. M. Road 689 which
lies outside the city limits of the City of Kerrville.
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 construction of State Loop 534 ie eesentlal
to provide adequate access to, from and around the City of Kerrville for the
areas which this road would serve; and that it would further serve to expedite the
flow of a large volume of vehicular traffic, it is ordered un motion by
Commissioner LiCg secot~~ed by Commissioner Garrett
and unanimously approved by the Court that the Commissioners' Court of Kerr
County, acting rn its capacity 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 12oad Fund, expend those funds now
under its control which constitute the earnings of the said trust fund for the
year 1979 for the purpose of aiding the Commissioners' Court of Kerr County
in the procurement of right of way for the construction of the portion of State Loop
534 as aforesaid;
And it is further recommended that the said Chas. Schreiner Bank make
payment of such accrued funds to the Kerr County '1 ~•uasurer for deposit in the Loop
534 right of way fund within th<• k.err County 1'reas~rry Account, at such time as
funds become available for disbursement,
Order No. 13917
Order Requesting Chas.
Schreiner Bank, Trustee of
the Charles Schreiner Road
Fund to Make Expenditure of
Accrued Earnings for the
Purpose of Acquiring R/W
for State Loop 534 NE of
City of Kerrville
1 - 14 - 80
Vol. O, Page 537