RESOLUTION NO. 24-14

A RESOLUTION AUTHORIZING THE CITY MANAGER TO SIGN DOCUMENTS TO RECEIVE AND DISBURSE TRUST ASSETS

RECITALS:

The Heywood Jones Trust named the City as a contingent beneficiary. Recently the Trustee contacted the City in order to disburse the assets in accordance with Mr. Jones’ wishes, for museum and library purposes.

In order for the City to receive the distribution the Trustee requires written authorization of the City Council.

NOW THEREFORE; BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF GRAND JUNCTION, that:

The City Manager is hereby authorized and directed to sign any and all documents and receive the funds from the Heywood Jones Trust and to solicit and recommend project(s), and subject to City Council authorization, expend the funds in accordance with the purposes of the Trust.

AND FURTHERMORE BE IT RESOLVED that the City Council extends its thanks and appreciation to Mr. Jones for his philanthropy.

Adopted and approved this 6^th day of August 2014.

/s/ Phyllis Norris        

Mayor and President of the Council

ATTEST:

/s/ Stephanie Tuin        

City Clerk