ADOPTED -JULY 22, 2008
Agenda Item No. 19
Introduced by the Human Services and Finance Committees of the:
INGHAM COUNTY BOARD OF COMMISSIONERS
RESOLUTION AUTHORIZING AN AGREEMENT WITH THE GREATER LANSING FOOD BANK AND THE TRUSTEE OF THE SILVER A. AND JOHN E. COFFEY
CHARITABLE REMAINDER TRUST
RESOLUTION #08-196
WHEREAS, the Silver A. And John E. Coffey Charitable Remainder Trust provides for a charitable distribution of $25,000 to a beneficiary named as the Food Bank Ingham Center, located at 5303 South Cedar Street, Lansing, Michigan, 48911; and
WHEREAS, it has been determined that there is no qualified beneficiary having the name “Food Bank Ingham Center”; and
WHEREAS, both the Greater Lansing Food Bank and the Ingham County Food Bank have offices located at 5303 South Cedar Street, Lansing, Michigan, 48911; and
WHEREAS, the parties wish to resolve any ambiguity regarding the intended beneficiary of the Trust and to agree upon the beneficiary to whom the charitable distribution designated in the Trust shall be made.
THEREFORE BE IT RESOLVED, the Ingham County Board of Commissioners authorizes an agreement with the Greater Lansing Food Bank and the Trustee of the Silver A. and John E. Coffey Charitable Remainder Trust, authorizing the Trustee to distribute the share of the Trust designated for the “Food Bank Ingham Center” to the Greater Lansing Food Bank.
BE IT FURTHER RESOLVED, the Ingham County Board of Commissioners hereby release any and all claims to any amounts in the Trust and holds the trustee harmless for such distribution.
BE IT FURTHER RESOLVED, the Ingham County Board of Commissioners authorizes the Board Chairperson and the County Clerk to sign any necessary documents that are consistent with this resolution and approved as to form by the County Attorney.
HUMAN SERVICES: Yeas: Schor, Hertel, Soule, Severino, Dougan
Nays: None Absent: Bahar-Cook Approved 7/14/08
FINANCE: Yeas: Grebner, Hertel, Weatherwax-Grant, Celentino, Dougan
Nays: None Absent: Schor Approved 7/16/08