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HomeMy WebLinkAboutRESOLUTIONS - 09241996 - 96-355 THE BOARD OF SUPERVISORS OF CONTRA COSTA COUNTY, CALIFORNIA Adopted this Order on September 24 1 1996 by the following vote: AYES: Supervisors Rogers, Bishop, DeSaulnier, Torlakson and Smith NOES: None ABSENT: None ABSTAIN: None SUBJECT: ACCEPTING THE PROCEEDS OF ) THE STORMS LIVING TRUST ) Resolution No. 96/ 3_, AND ESTABLISHING THE WILRUSS ) CHILDREN' S LIBRARY TRUST ) Wilma C . Storms , deceased, established the Storms Living Trust, a copy of which is attached hereto . That trust provides for distribution of the trust assets , after payment of the expenses of the settlor' s estate, to the County of Contra Costa for the establishment of the Wilruss Children' s Library Trust, upon terms and conditions expressed therein . The County Administrator and the County Librarian recommend that the Board of Supervisors accept the proceeds of the Storms Living Trust and establish the Wilruss Children' s Library Trust. Upon such recommendation, IT IS BY THE BOARD ORDERED: 1 . On behalf of the County of Contra Costa, the Contra Costa County Board of Supervisors accepts the proceeds of the Storms Living Trust, pursuant to Government Code section 25355 , and establishes the Wilruss Children' s Library Trust, as follows : 2 . The proceeds of the Storms Living Trust shall be placed in an interest bearing separate trust fund (the Wilruss Children' s Library Trust Fund) by the Auditor-Controller and invested at the sole discretion of the County Treasurer. The Auditor-Controller shall in his discretion determine the income of said fund per fiscal year. 3 . The yearly income of said account shall be used as follows : A. For the establishment of an area approximately 400 square feet in size in an existing library building in a socially and economically disadvantaged area operated by the Contra Costa County Library System for the use of children ages one through and including seven years . For furnishings for said area, including tables, chairs and book shelves . For the acquisition of a book collection to be shelved in said area which includes materials which instill sound moral and ethical principles , strong patriotic values, and materials which stimulate the imagination of children such as traditional fairy tales . B. For the design and maintenance of programs which promote literacy and a lifelong love of books and reading in socially and economically disadvantaged areas of Contra Costa County, and For the building, remodeling, decorating, furnishing and enrichment of the children' s areas of public library buildings which are operated by the Contra Costa County Library system. Resolution 96/35. Income of said account not expended in any year may be held over and expended in a subsequent year. 4 . The principal of said account shall not be invaded for any purpose, provided, nevertheless that trust funds may be used to pay claims against the Estate of Wilma C . Storms, approved by the Trustee of the Storms Living Trust and the County Librarian. The approval of the County Librarian shall not be unreasonably withheld. 5 . The Wilruss Children' s Library Trust account income shall be administered by the County Librarian. The County Librarian shall file an annual report on the operations of the Wilruss Children' s Library Trust with the Board of Supervisors . Such report shall include: A. The amount in the fund at the end of the previous year. B. The amount in the fund at the end of the current year. C. The amount earned during the current year. D. The amount expended during the current year and the general subjects of expenditure. E . The amount then available for expenditure . 6 . The County Librarian is authorized to accept on behalf of Contra Costa County such distributions of property from the Storms Living Trust as may be made and is directed to report to the Board of Supervisors as provided in Government Code section 25355 . 7 . The Board of Supervisors expresses its thanks on behalf of the people of Contra Costa County to Wilma C . Storms for her generous gift and to Joyce B. Ellis , Trustee of the Storms Living Trust, and James Ellis for their efforts in carrying out Ms . Storm' s wishes . H:/fbent/aww/Storm.Res Orig. Dept: County Counsel cc : County Librarian Joyce Ellis , Trustee 1 hereby certify that this 1s a true and correct copy of an action taken and entered on the minutes Of the nt Board of Su _ C 1�rr aa/�-� aPHiL BABA � TC OA Clerk of the BOUrd P�WtO d 71T ministrator By4AAAA7 v .Deputy Resolution 96/355