ORDER N0. 16443
ORDER REQUESTING CHAS. SCHREINER BANK, TRUSTEE OF THE CHARLES SCHREINER ROAD FUNB,
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 13th day of Sanuary 1986, 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 requirements for the construction of the ex-
tension of that portion of State Loop 534 between State Highway 16 south of Kerr-
ville 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
Lich seconded 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~FUnci, expend those funds now under its control which constitute the
earnings of the said trust fund for the year 1985 for the purpose of aiding the
Commissioners' Court of Kerr County in the completion of right of way require-
ments for the construction of the extension 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• I6443
CHAS. SCHREINER
REQUESTING THE CHARLES NDI^
ORDER TO MAKE EXPE
BANK, TRUSR AD FUND,
SCHREINER
1-13'86
Vol. ~~ Pages 180-181