ORDER N0. 15882
ORDER REQUESTING CHAS. SCHREINER BANK, TRUSTEE OF THE CHARLES
SCHREINER ROAD FUND, TO MAKE EXPENDITURE OF ACCRUED EARNINGS
FOR THE PURPOSE OF COMPLETING RIGHT OF WAY REQUIREMENTS FOR
STATE LOOP 534, SECTION III, SOUTH OF THE CITY OF KERRVILLE
On this the 14th day of January 1985, 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 the extension of that portion
of State Loop 534 between State Highway 16 south of Kerrville
along FM 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 the
extension 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 Higgins, second-
ed by Commissioner Holland, 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 1984 for the purpose of aiding
the Commissioners' Court of Kerr County in the completion of
right of way requirements for the construction of the extension
of the portion of State Loop 534 as aforesaid.
ORDER NO. 15882
ORDER REQUESTING CHAS. SCHREINER BANK,
TRUSTEE OF THE CHARLES SCHREINER ROAD
r"fJND, TO MAID EXPENDITURE OF ACCRUID
EARNINGS FOR THE PURPOSE OF COMPLETING
R/W REQUIRE~~7T5 FOR STATE IfJOP 534,
SECTION III, SOUTH OF THE CITY OF E~RRItVILLE
1-14-1985
Vol. Q, Page 12
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.