HomeMy WebLinkAboutResolutions - No. 88-117RESOLUTION NO. 88-117
A RESOLUTION OF THE LODI CITY COUNCIL
TO ACCEPT A CONDITIONAL BEQUEST OF THE LATE WILLIAM G. HOLZ
TO BUILD A PERMANENT FACILITY AT HUTCHINS STREET SQUARE
WHEREAS, the late William G. Holz devised one-half of the
residue of his estate to the City of Lodi in the form of a conditional
charitable bequest to be used to build a permanent building or facility
at Hutchins Street Square in the nature of a community center,
primarily for the use of the elderly of Lodi, California, in accordance
with the Will of William G. Holz, dated April 7, 1982 ("Will") as
amended by the First Codicil dated July 14, 1983 ("First Codicil"); and
WHEREAS, the Executor of the estate of William G. Holz desires
to fulfill the bequest in accordance with the terms and conditions of
the First Codicil to the Will by paying to the City of Lodi one-half of
the residue of the estate provided that the City will use said funds
exclusively for the purpose of building a permanent building or
facility at Hutchins Street Square in the nature of a community center
primarily for the use by the elderly; and
WHEREAS, the Lodi City Council may accept or reject any bequest
made to the City and may hold and dispose of such property and the
income and increase from such property for such uses as are prescribed
in the terms of the bequest in accordance with Section 37354 of the
California Government Code; and
WHEREAS, the City of Lodi does not currently have a permanent
building or facility for the use of the elderly at Hutchins Street
Square, Lodi, California; and
WHEREAS, the City of Lodi desires to accept the generous bequest
of the late William G. Holz and to apply all money received from the
bequest and any accumulated interest therefrom to build a permanent
building or facility at Hutchins Street Square in the nature of a
community center primarily for the use of the elderly in accordance
with the terms prescribed in Paragraph Seventh set forth in the First
Codicil to the Will;
NOW, THEREFORE, the City Council of the City of Lodi does resolve
as follows:
Section 1. The City of Lodi certifies that a permanent
building or facility for the use of the elderly at Hutchins Street
Square, Lodi, California did not exist on decedent's death or does not
currently exist.
Section 2. The City of Lodi hereby accepts the bequest of the
late William G. Holz for one-half the residue of his estate and agrees
to use all property received from said bequest exclusively to pay for
the construction of a permanent building or facility at Hutchins Street
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Square in the nature of a community center primarily for the use of the
elderly in accordance with the terms of Paragraph Seventh set forth in
the First Codicil to the Will.
Section 3. The City Manager is hereby authorized and directed
to acknowledge and accept the bequest from William G. Holz on behalf of
the City and to sign any document, receipt, or instrument necessary for
the City to receive said bequest.
Section 4. The City Manager is hereby further authorized and
directed to deposit all monies or other property received as part of
the bequest from the estate of William G. Holz in a separate account
established to pay for the construction of a permanent building or
facility at Hutchins Street Square in the nature of a community center
primarily for the use of the elderly.
PASSED AND ADOPTED at a regular meeting of the City Council of
the City of Lodi, California, held on the 17th day of August, 1988.
ATTEST:
ALICE M. EIMCHE
CITY CLERK
I hereby certify that Resolution No. 88-117 was passed and
adopted by the City Council of the City of Lodi in a regular
meeting held August 17, 1988 by the following vote:
Ayes: Council Members - Hinchman, Olson, Reid, Snider
and Pinkerton (Mayor)
Noes: Council Members - None
Absent: Council Members - None
)11
Alice M. Reimche
City Clerk
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