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Contracts & Agreements_142-2021
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Receipt and release Schmitt Trust Redlands Police
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142-2021
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Contracts & Agreements_142-2021
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8/3/2021 3:41:24 PM
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8/3/2021 3:41:19 PM
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Contracts & Agreements
Subject
Donation
Details
Receipt and release Schmitt Trust Redlands Police
Date
7/20/2021
Document Number
142-2021
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Majority Distribution <br />RECEIPT AND RELEASE <br />I hereby acknowledge receipt from Bonnie A Durbin, who serves as trustee of the Schmitt Trust Dated <br />November 26, 2001 and was nominated as executor of Frances R Schmitt last will and testament, the <br />sum of thirty-eight thousand seven hundred twenty-seven dollars and seventy-nine cents ($38,727 79) in <br />majority payment of my distributive share pursuant to the plan of distribution in the Schmitt Trust Dated <br />November 26 2001 I hereby release the successor trustee from any and all further liability associated <br />with the Schmitt Trust Dated November 26, 2001 for this majority distribution This release is effective <br />upon my negotiation of said check <br />This is my main and majority distribution payment of my distributive share pursuant to the plan of <br />distribution in the Trust I understand that the successor trustee is withholding a reserve of about <br />$50 000 tor the payment of final taxes and expenses if there is a positive balance in the reserve after <br />said payment of expenses, the trustee will distribute any balance remaining <br />Dated 7- 30 ' , 2021 <br />by <br />by <br />City of Redlands <br />ce Department, <br />Signature of Paul T Barrch, Mayor <br />ATTIcS1 <br />rgnature of Jeanne Donaldson City Clerk <br />
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