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HomeMy WebLinkAbout760336.tiff RESOLUTION RE: APPROVAL OF AGREEMENT FOR PERPETUAL CARE AND MAINTENANCE BETWEEN THE CITY OF EVANS AND THE COUNTY OF WELD REGARDING A PORTION OF THE EVANS CEMETARY. WHEREAS, the Board of County Commissioners of Weld County, Colorado , are vested with the authority of administering the affairs of Weld County, Colorado , and WHEREAS, it has come to the attention of the Board of County Commissioners of Weld County , Colorado , that Weld County is responsible for the maintenance and care of a certain portion of the Evans Cemetary located in the northwest corner thereof which area has been used by Weld County for the burial of indigents, and WHEREAS, it is in the best interest of Weld County, Colorado, to enter into an agreement for perpetual care between the City Council of the City of Evans , Colorado, and the Board of County Commissioners of Weld County, Colorado, and WHEREAS , the Board of County Commissioners of Weld County , Colorado, desires to enter into an agreement for perpetual care between the City of Evans, Colorado , and the County of Weld, a copy of which agreement is attached hereto and incorporated in this Resolution by reference. NOW, THEREFORE, BE IT RESOLVED , by the Board of County Commissioners of Weld County, Colorado , that Weld County enter into the attached agreement for perpetual care of the Weld County portion of the Evans City Cemetary. The above and foregoing Resolution was , on motion duly made and seconded, adopted by the following vote on this 17th day of November , A. D. , 1976. , BOARD OF COUNTY COMMISSIONERS ATTEST: d WEL COUNTY, COLORADO Weld County Clerk a d Recorder d�W xedi (1/ and Clerk to the rd _ BY , 1. _ '1/41 , (, l ..,{-- Deputy County Clerk c ) i APPR ED A T-0-FORM : % / 42-70 ,A„,— -->-. — L I.4-4,4-> 7 County Attorney 760336 AGREEMENT FOR PERPETUAL CARE THIS AGREEMENT, made and entered into this 17th day of November, 1976, by and between the CITY COUNCIL OF THE CITY OF EVANS, COLORADO, hereinafter referred to as City of Evans, and BOARD OF COUNTY COMMISSIONERS, WELD COUNTY, COLORADO, hereinafter referred to as Weld County; That for and in consideration of the sum of Fifteen Thousand Dollars ($15, 000. 00) agreed to be paid by Weld County to the City of Evans , City of Evans agrees as follows : 1 . To place the sum of $15, 000. 00 into a Cemetery Trust Fund with the United Bank of Greeley, Colorado as trustee , and enter into a trust agreement , a copy of said trust agree- ment entitled Weld County Cemetery Trust , attached hereto and made a part hereof by reference. 2. To use the income from said Weld County Cemetery Trust to perpetually care for an area in the northwest corner of the Evans Town Cemetery, which has been used by Weld County for the burial of indigents, by seasonably, and as often as necessary each year, keeping grass properly cut and trees and shrubbery trimmed, and preserving in good order, the surface of the ground around and adjacent to said area, subject to the laws of the State of Colorado relating thereto. IN WITNESS WHEREOF, the parties hereto have hereunto set their hands and seals the day and year first above written. CITY COUNCIL OF THE CITY OF EVANS, COL RADO/ )By: ATTEST: ayo Town Clerk C27tenit, ...\11 ,,,e, , BOARD OF COUNTY COMMISSIONERS `� �- ��! WELD 1 TY, COLORADO ` TQCtibwne�in� BY : O..uurn /ear ATTEST: Weld County Clerk and Recorder and Clerk to the Board Bye%L,n...,u.er(2. A/etc-dal Deputy Cou trClerk (� ''� // TRUST AGREEMENT WELD COUNTY CEMETERY TRUST THIS// AGREEMENT, made and entered into this J/i�.t day of ec e b,f�e,Q , 1976, by and between the City Council of the City of Evans, Colorado, as Settlor, and the United Bank of Greeley, Colorado, as Trustee: I The Settlor does hereby agree to transfer, assign and set over unto the Trustee the sum of Fifteen Thousand Dollars ($15,000.00) in cash for the purpose of creating a trust to be known as the Weld County Cemetery Trust and for the uses and purposes hereinafter set forth. II The United Bank of Greeley, Colorado, shall hold said property in trust and administer the trust estate and shall have the following powers and authorities: (a) To receive, retain and possess as part of the trust estate and subject to all provisions of this Agreement, the sum of Fifteen Thousand Dollars ($15,000.00) cash, together with any and all other property the Settlor may hereafter transfer unto the Trustee with instructions to hold the same under the terms of this Agreement and cause the same to be invested and reinvested in the types and kinds of invest- ments as are proper legal investments for governmental units which are or may from time to time be declared by the laws of the State of Colorado to be proper for governmental units. (b) To sell all or any part of the trust estate and invest and reinvest the proceeds therefrom in the same types and kinds of in- vestments as are mentioned in Paragraph (a) above. (c) To make distribution annually to the City of Evans only out of the accumulated net income of the trust estate. (d) To do all things necessary or proper for the accomplish- ment of any of the foregoing powers. The net income from the trust estate shall be paid by the Trustee to the City of Evans in care of the Clerk of the City of Evans, Colorado, and in such a manner as not to interfere with the investments made by the Trustee. It is expressly understood and agreed that the Trustee shall have no power to invade the corpus of the trust estate for any purpose whatsoever except that in the event the City of Evans shall cease to be the owner and operator of the Evans Town Cemetery, then and in that event upon proper order of a court of competent juris- diction, the Trustee may pay over the corpus of the trust estate to the predecessors in interest of the City, specifically the new owners or operators of the Cemetery. IV it is hereby declared by the Settlor that this trust shall be irrevocable from the date of this Agreement except as herein pre- viously set forth, that in the event the City Council of the City of Evans, or its predecessors in interest, shall cease to own and operate the Evans Town Cemetery, this trust may be terminated by a Colorado Court of competent jurisdiction. V The United Bank of Greeley, Colorado, as Trustee, shall be entitled to receive and may retain as compensation for its services hereunder a fee for the administration of the trust estate. The Trustee' s fee shall be no more than the trustee fee ordinarily charged by the Greeley Association of Commercial Banks within the City of Greeley, Colorado, having trust departments and administering trusts of the same or similar size and character. Vi The Settlor hereby declares that. this Agreement and the trust created hereby shall be construed under and regulated by the laws of the State of Colorado and the validity and effect of this Agreement and of this trust shall be determined in accordance with the laws of that State and that the Trustee shall not be required to account in any Court other than a court of competent jurisdiction in the State of Colorado. IN WITNESS WHEREOF this trust has been executed the day and year first above written. CITY COUNCIL OF THE CITY OF EVANS, COLORADO C c .�.1 MAYOR ATTEST: CITY CLERK THE UNITED BANK OF GREELEY BY �_))�_C- /I: ,�--- TRUST OFFICER CITY OF AgILTIrn POST OFFICE BOX 59 EVANS, COLORADO 80620 EVANS NS December 1 , 1976 FOUNDED IB69 XOMER LE 1913 COLORA9O Mary Ann Feuerstein County Clerk & Recorder Weld County Court House Greeley, Colorado 80631 Dear Mrs. Feuerstein: Enclosed please find a fully executed copy of the agreement for perpetual cemetery care between the City of Evans and Weld County. An executed copy of the bank trust agreement will be for- warded to you upon finalization. Sincerely, CITY Of EVANS f ✓`' J / / LaVerne L. Ijames / City Manager LLI/cm Enc. olfrce of the city manager 356-6313 police department 352-2441 office of the city clerk 356-6771) RECEIPT FOR CERTIFIED MAIL-30c, (plus postage) / SENT TO POSTMARK Evans City Manager OR GATE Ld': STREET AND NO. CWI _.P.__Q_Bnx 54 ek., P.O., STATE AND ZIP CODE Evans, Colorado 80620 11-17-76 ej OPTIONAL SERVICES FOR ADDITIONAL FEES RETURN 1. Shows to whom and date delivered 154 C_C RECEIPT With delivery to addressee only . 654 SERVICES Y. Shows to whom,date and where delivered.. 354 With delivery to addressee only 854 DELIVER TO ADDRESSEE ONLY _ _ 504_ O SPECIAL DELIVERY - y (extra fee required) Z PS Form 3800 NO INSURANCE COVERAGE PROVIDED— (See other side) Apr. 1971 NOT FOR INTERNATIONAL MAIL 1( y GPO: 1949 0-551-959`, 7 ialf---17- /I Nu AA Au Au .fin M tN0 m iii • ,�~ B 1 b _ � ,� • jildgi ; ya CC 2 it ❑ h M .E g 4 .s , a .1 e c j ° fir _ allmoms� cECEc : ILI P JI1I ifli; d11 e F A • i y ®❑ ❑ o wwl I ag 4 . U • '" ei w .e to of et PS Form 3511, la. 1975 RETURN RECEIPT, REGISTERED, INEUR AND CERTIFIED MAIL CITY op siesik POST OFFICE BOX 59 EVANS, COLORADO 80620 EVANS January 28, 1977 FOUNDED 1069 HOME RULE 1973 COLORAtjO Rita Kummer Deputy County Clerk Weld County Court House Greeley, Colorado 80631 Dear Rita: Enclosed please find a copy of a fully executed Trust Agreement between the United Bank of Greeley and the City of Evans cover- ing the Weld County Cemetery Trust Fund. If you have any questions regarding this agreement please let me know. Sincerely, CITY O La me L. Ijames Ci y Manager LLI/cm Enc. 1 of of the city manager 356-6313 police department 352-2441 office of the city clerk 356 6/70 UNITED DANK OF GREELEY -- TRUST DEPARTMENT .. o L..(:\ '.`57 YWr + ?'�, (1 4`1:) -rzF=_LLI ✓RLRAJO UATF ( .+ t ! Ty- ri t //E!) r L:.. , 7 , / i�' �,L( 1.22•tt �--- , A L ., �/? _ LL cl I 2 • ,... ( /r } Hello