ORDER NCJ. ~:5~7.36 AF'F'ROVAI.. l"0 CHANGE TRUSTEE OF THE SCHREINER ROAD FUND TRUS"f On this the 5th day of Jan~_iar~y 1999, ~_ipon motion made by Commissi.oner• Baldwin, seconded by Commis<.sioner' ~r~iffin, the Ca~_~rt unanimously approved by a vote of 4-0-0, to a~_~thorize the A~_~ditor, to contact Co~_inty Civil. Attorney to review the Tr^~.ist Agreement, and the order to determine wheth7er we can move this tr~_ist from NationsPank to SeC.ltr'lty State Bank and Tr,~_ist. COMMISSIONERS' COURT AGENDA REQUEST PLEASE FURNISH ONE ORIGINAL AND FIVE COPIES OF THIS REQUEST AND DOCUMENTS ~ TO BE REVIEWED BY THE COURT. MADE BY: Tornm~j 'Tour./~'r-eon OFFICE: Ci'yai'Y~o~' MEETING DATE: / - ~ S- 9 9 TIME pRg~~D: SUBJECT: (PLEASE BE SPECIFIC) f'^ C'D n s ~'e~,•r ac~-i•D/1 ll~cossa r~ ~ chi / ~.qa ~p f~ll~'~,~ ~ ~ o F fl-~ S ~,li re i h-Br JPo Q d Fv/w s % rv EXECUTIVE SESSION REQUESTED: (PLEASE STATE REASON) NAME OF PERSON ADDRESSING THE COURT: ESTIMATED LENGTH OF PRESENTATION: ff PERSONNEL MATTER -NAME OF EMPLOYEE: Tune for submitting this request for Court to assure that the matter is posted in accordance with Title 5, Chapter 551 and 552, Government Code, is as follows: Meeting scheduled for Mondays: THIS REQUEST RECEIVED BY: THIS REQUEST RECEIVED ON: 5:00 P.M. previous Monday. All Agenda Requests wilt be screened by the County Judge's Office to determine if adequate information has been prepared for the Court's formal consideration and action at time of Court Meetings. Your cooperation will be appreciated and contribute towards you request being addressed at the earliest opportunity. See Agenda Request Rules Adopted by Commissioners' Court. Kerr County Conunissioners' Court ~ Special Meeting 1-25-99 In the 1920s the Schreiner family formed a trust for the purpose of maintaining and improving county roads in parts of Kerr County. !n later years Chas. Schreiner Bank was named by court decree as trustee of the trust. Today Nationsbank is trustee through its purchase of Chas. Schreiner Bank. The current principal value of the trust is approximately $182,OW; last year Ken: County received $8,SIH1 in revenue from the trust. The amount the county received was net after a trust fee of $2,6117. 1 have contacted the trust department of our depository about their fee schedule for this type trust; they have committed to .5 /o of the principal or approximately $912 per year. For the convenience of having the tnrst locally and saving some dollars, I suggest that the court consider having our civil attorney review the trust agreement and give the court direction as to the procedures necessary to transfer the trustee and estimate any related cost. ~~~ /"` .~'~