HomeMy WebLinkAboutRESOLUTIONS-2003-051-R-0309/16/2003
• 51-R-03
A RESOLUTION
Authorizing the City Manager to Execute an
Acceptance of a Gift from the Richard L. Merrick Trust
For the Maintenance of the Merrick Rose Garden
WHEREAS, the City of Evanston has been given a gift of $50,000 from the
Richard L. Merrick Trust; and
WHEREAS, this restricted gift is an endowment for the maintenance of the
Merrick Rose Garden; and
WHEREAS, the City Council believes it is in the best interest of the City to accept
said gift and to authorize the City Manager to sign the Acceptance, attached as
Exhibit A,
• NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF EVANSTON, COOK COUNTY, ILLINOIS:
SECTION 1: That the City Manager is hereby authorized and directed to sign,
and the City Clerk is hereby authorized and directed to certify on behalf of the City of
Evanston, an Acceptance, attached hereto as Exhibit A and made a part hereof, for the
acceptance of a restricted gift of $50,000 from the Richard L. Merrick Trust for the
maintenance of the Merrick Rose Garden.
SECTION 2: That this Resolution shall be in full force and effect from and after
its passage and approval in the manner provided by w.
C11,liK�/�
Mayor
• ATTEST:
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Adopted: CAACAAL , 2003
ACCEPTANCE
OF A RESTRICTED GIFT FROM THE
RICHARD L. MERRICK TRUST
Richard L. Merrick, a resident of Evanston, Illinois, died on June 18, 2003, leaving a
Trust known as The Richard L. Merrick Trust, under which The Northern Trust Company is a
fiduciary, and which provides for a restricted gift to this organization as follows:
Article 5, Paragraph 5.3: As of my death, the Trustees shall distribute from the
Trust Estate to each of the following organizations the sum of twenty-five
thousand dollars ($25,000) in cash:
(c) The CITY OF EVANSTON, of Evanston, Illinois, as an endowment
for the maintenance of the Merrick Rose Garden, or if the Merrick
Rose Garden is no longer in existance, for the city's general
purposes.
[Further]
Article 5, Paragraph 5.5: If the value of my estate is in excess of five million
dollars ($5,000,000), then each distribution under this article shall be doubled.
[Further]
Article 5, Para2ranh 5.6: Each gift under this article shall bear income between
the date of my death and the date or dates of distribution at the rate of 6% per
annum.
Therefore, it is resolved that the restricted gift is hereby accepted by the City of Evanston
for the uses and purposes set forth above. Further, Roger D. Crum, acting as the City Manager of
the City of Evanston is authorized, on behalf of the City, to: (1) accept payment, (2) execute
receipts and other documents, and (3) receive notices, make and communicate decisions as
necessary to facilitate administration of the Estate.
CERTIFICATION
(TO BE EXECUTED BY THE PERSON IN CHARGE OF THE ORGANIZATION
RECORDS. IT MUST ALWAYS BE EXECUTED BY SOMEONE OTHER THAN THE
INDIVIDUAL SIGNING THE ACCEPTANCE.)
I, Mary Morris, certify that I am the City Clerk of the City of Evanston, a municipal
corporation under the laws of the State of Illinois, and that I am responsible for keeping the
organization records. I further certify that the above is a correct and complete copy of a
resolution properly adopted by the governing body of this organization on (G 19, 2003,
and that this resolution appears in the organization records.
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I further certify that gifts to this organization qualify for treatment as charitable gifts for
income and .estate tax purposes under the United States Internal Revenue Code, and that the
correct tax identification number is shown below.
Certified, under the penalties of perjury, ��c"C—c- �� E. 2.1
TAX I.D. NUMBER 36-6005870 _
Corporate Seal Signa �A
Address:
Evanston City Clerk
2100 Ridge Ave.
Evanston. IL 60201
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