HomeMy WebLinkAbout027177 RES - 03/20/2007A RESOLUTION
AUTHORIZING THE CITY MANAGER, OR HIS DESIGNEE, TO
EXECUTE ALL DOCUMENTS AND TAKE ALL ACTION NECESSARY
TO ADMINISTER THE PROPERTY PREVIOUSLY HELD BY THE ANITA
NEYLAND TRUST, WHICH IS NOW BEING TURNED OVER TO THE
CITY, INCLUDING BUT NOT LIMITED TO SIGNING OIL AND GAS
DIVISION ORDERS AND ACCEPTING MONIES DERIVED FROM THE
PROPERTY; AND REQUIRING THAT ALL MONIES DERIVED FROM
THIS PROPERTY SHALL BE DEPOSITED INTO A LIBRARY FUND
AND USED FOR LIBRARY PURPOSES.
WHEREAS, the City Library was the beneficiary of 25% of the Anita Neyland Trust
("Neyland Trust") established under the W.T Neyland Last Will and Testament, and
WHEREAS, the Neyland Trust is being dissolved and the assets distributed to the
beneficiaries;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
CORPUS CHRISTI, TEXAS, THAT:
SECTION 1. The City Manager, or his designee, is authorized to execute all documents
and take all action necessary to administer the property previously held by the Anita
Neyland Trust, which is now being turned over to the City, including but not limited to
signing oil and gas division orders and accepting monies derived from the property.
SECTION 2. All monies derived from this property shall be deposited into a Library fund
and used for library purposes.
Armando Chapa
City Secretary
THE I OF CORPUS CH ISTI
Henry Garr
Mayor
APPROVED AS TO FORM: March 15, 2007
Wendy E Olden
Assistant City Attorney
For City Attorney
7177
INDEXED
Cor us tcpristi, Texas 1 1 ,
of �i 1�. , 2007
The above resolution was passed by the following vote:
Henry Garrett
Brent Chesney
Melody Cooper
Jerry Garcia
Bill Kelly
Rex A Kinnison
John E. Marez
Jesse Noyola
Mark Scott
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