ORDER N0, 15315
ORDER REQUESTING CHAS. SCHREINER BANK, TRUSTEE OF THE
CHARLES SCHREINER ROAD FUND, TO P~IAKE EXPENDITURE OF
ACCRUED EARNINGS FOR THE PURPOSE OF COMPLETING RIGHT
OF WAY REQUIREMENTS FOR STATE LOOP 534, SECTION III,
SOUTH OF THF. CITY OF KERRVILLE
On this the 9th day of January, 1984, 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 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 complete right of way require-
ments for the construction of_ that portion of State Loop
534 between State Highway 16 south of Kerrville along FI~1 Road
689 to the Kerrville State Park;
And it further appearing to the Court that all of the funds
required for such purpose cannot be provided from the current
revenues of Kerr County and that the construction of Section
III of State Loop 534 is essential 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 on motion by Commissioner Holland. seconded
by Commissioner Lich and unanimously approved by the
Court that the Commissioners' Court of Kerr County, acting
in 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
Road Fund, expend those funds now under its control which
constitute the earnings of the said trust fund for the year
1983 for the purpose of aiding the Commissioners' Court of
Kerr County in the completion of right of way requirements
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
Treasurer for deposit in the Loop 534 Right of Way Fund
within the Kerr County Treasury Account, at such time as
funds become available for disbursement.
ORDER NO. 15315
ORDER REQUESTING CHAS.
CHAS. SCHREINER BANK, TRUSTEE OF
THE CHARLES SCHREINER ROAD FUND,
TO MAKE EXPENBITURE OF ACCRUED
EARNINGS FOR THE PURPOSE OF
COMPLETING R/W REQUIREMENTS FOR
STATE LOOP 534, SECTION III, SOUTH
OF THE CITY OF KERRVILLE
1/9/84
Vol. P, Pages 423-424