RESOLUTION NO. 33-15

A RESOLUTION AUTHORIZING THE CITY MANAGER TO DISBURSE TRUST ASSETS

RECITALS:

The Heywood Jones Trust named the City as a contingent beneficiary with the City to disburse the assets of the Trust for museum and library purposes. The City Council has considered a request from the Mesa County Public Library District for the use of Trust funds for a production studio to be located on a vacant lot at the northeast corner of 5^th Street and Ouray Avenue.

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

The City Manager is hereby authorized to disburse Trust funds in an amount not to exceed $78,500.00 for construction of a production studio on a vacant lot at the northeast corner of 5^th Street and Ouray Avenue.

Upon completion of the building, the Library shall provide to the City Manager, in the form of contracts, receipts or other acceptable proof of payment, evidence that the funds were used in accordance with this approval and the Trust purposes.

Adopted and approved this 1^st day of July, 2015.

             /s/ Phyllis Norris        

             Mayor and President of the Council

ATTEST:

/s/ Stephanie Tuin      

City Clerk