Item C24C ounty of M onroe
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BOARD OF COUNTY COMMISSIONERS
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Mayor David Rice, District 4
The FlOnda Key
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Mayor Pro Tem Sylvia J. Murphy, District 5
Danny L. Kolhage, District 1
George Neugent, District 2
Heather Carruthers, District 3
County Commission Meeting
July 18, 2018
Agenda Item Number: C24
Agenda Item Summary #4456
BULK ITEM: Yes DEPARTMENT: Public Libraries
TIME APPROXIMATE: STAFF CONTACT: Patricia Eables (305) 292 -3477
N/A
AGENDA ITEM WORDING: Approval of acceptance of funds allocated to the Monroe County
Public Library, Key West Branch, through the Amendment and Restatement of the George Louis
DeCoster Declaration of Trust, and approval for the County Administrator to sign all related
documents.
ITEM BACKGROUND: The Monroe County Library was notified that it was named as a
beneficiary under the Amendment and Restatement of the George Louis DeCoster Declaration of
Trust. Under paragraph 4.1.8 of the Trust, the Trustee is directed to distribute $2,000 to the Key
West Branch of the Monroe County Library System. The law offices of Highsmith & Van Loon,
P.A. have presented a Trust Disclosure and Limitation Notice which needs to be approved by the
County to initiate the process for accepting the bequest. There will also be additional documents
that the County will be required to execute prior to distribution of the funds. We are seeking
approval for the County Administrator to sign the current document and all other related documents
in order to accept the $2,000 on behalf of the Key West Branch Library.
PREVIOUS RELEVANT BOCC ACTION: NONE
CONTRACT /AGREEMENT CHANGES:
N/A
STAFF RECOMMENDATION: Approval as stated.
DOCUMENTATION:
Trust Disclosure and Limitation Notice
Highsmith & Van Loon letter on bequest
FINANCIAL IMPACT:
Effective Date: N/A
Expiration Date:
Total Dollar Value of Contract: N/A
Total Cost to County: N/A
Current Year Portion:
Budgeted:
Source of Funds:
CPI:
Indirect Costs:
Estimated Ongoing Costs Not Included in above dollar amounts:
Revenue Producing:
Grant:
County Match:
Insurance Required:
N/A If yes, amount:
Additional Details: $2,000 has been bequeathed to the Key West Library
N/A
REVIEWED BY:
Norma Kula
Skipped
07/03/2018 2:33 PM
Patricia Eables
Completed
07/03/2018 3:08 PM
Budget and Finance
Completed
07/03/2018 3:42 PM
Maria Slavik
Completed
07/03/2018 5:01 PM
Kathy Peters
Completed
07/03/2018 5:15 PM
Board of County Commissioners
Pending
07/18/2018 9:00 AM
TRUST DISCLOSURE AND LIMITATION NOTICE
Pursuant to Florida Statute Section 736.0604, Florida Statutes (2015), this Disclosure and
Limitation Notice is provided with respect to the AMENDMENT AND RESTATEMENT OF THE
GEORGE LOUIS De COSTER DECLARATION OF TRUST dated May 11, 2005, as amended on June
29, 2007, February 8, 2011, and on February 14, 2018.
Notice of Disclosure: Enclosed with this Trust Disclosure and Limitation Notice is a complete
copy of the AMENDMENT AND RESTATEMENT OF THE GEORGE LOUIS De COSTER
DECLARATION OF TRUST dated May 11, 2005, as amended on June 29, 2007, February 8, 2011, and
on February 14, 2018 and Notice of Trust, informing you of the trust documents, including all amendment
thereto, the trustee's name, and the trustee's address.
(2015),
Notice of Limitations: Please be advised that pursuant to section 736.0604, Florida Statutes,
(a) n action to contested the validity of a trust that was revocable at the settlor's death is barred, if
not commenced within the earlier of-
(1) The time as provided in chapter 95; or
(2) Six months after the trustee sent the person a copy of the trust instrument and a notice
informing the person of the trust's existence, of the co- trustees' names and addresses, and of the
time allowed for commencing a proceeding. (Emphasis added.)
Dated: April 9, 2018.
S Robert E. Highsmith
ROBERT E. HIGHSMITH, ESQ.
Attorneyfor Trustee
Florida Bar No.: 0030333
Highsmith & Van Loon, P.A.
3158 Northside Drive
Key West, FL 33040
Telephone: (305) - 296 -8851; Fax: (305)- 296 -8575
I HEREBY ACKNOWLEDGE RECEIPT OF THE ORIGINAL OF THIS TRUST DISCLOSURE
AND LIMITATION NOTICE:
Monroe County Public Library KW Branch Date
HIGHSMITH
& VAN LOON, P.A.
011411 ; 1XII 11 '- .1 #11101 MWINX&I
FXTM7,T,'r,= 07M MMM
700 Fleming Street
Key West, FL 33040
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You have been named as a beneficiary in the Amendment and Restatement of the George Louis DeCoster
Declaration of Trust. In connection with this matter, enclosed please find the following documents:
Please review the documents carefully- Sign the Trust Disclosure and Limitation Notice and return to me in
the self-addressed stamped envelope. Should you have any questions regarding these documents, please do not
hesitate to contact our office.
Sincerely,
Debra Nickel
Office Administrator
Highsmith & Van Loon, P.A.