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COM 0742.000 2020-2022
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COM 0742.000 2020-2022
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Last modified
7/29/2022 9:16:17 AM
Creation date
4/18/2022 9:08:23 AM
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Communications
Communications - Type
COM
Communications - Council Term
2020-2022
Communication
0742
Point
000
Author
Lee E. Lord, Managing Director for Mitchell D. Roth, Mayor
Communications - Referred To
PC
Document Relationships
AGE COUNCIL 2022-05-18 2020-2022
(Related To)
Path:
\Council Records\Agendas\2020-2022\Council
AGE COUNCIL 2022-06-01 2020-2022
(Related To)
Path:
\Council Records\Agendas\2020-2022\Council
AGE PC 2022/05/03 (2020-2022)
(Related)
Path:
\Council Records\Agendas\2020-2022\Planning Committee (PC)
BIL 157 Draft 01 2020-2022
(Related)
Path:
\Council Records\Bills\2020-2022
REP PC 064 2022/05/03 (2020-2022)
(Related To)
Path:
\Council Records\Reports\2020-2022\Planning Committee (PC)
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. • <br /> • <br /> an • <br /> i iii a tltire 2.irt1 t t the hr'nclit of die bene ii tai l', :':ft#tt1U1 IinbiliEv on the p:111 eel the <br /> i6. Sinendthrifi Clause. The interest of beneficiaries, in principal or income <br /> shall not be subject to claims of their creditors or others. or to legal process. and may not <br /> he voluntarily or involuntarily alienated or encumbered: provided. that this paragraph <br /> shall not limit or affect the exercise by the Senior's spoi,se_it girl (Tower of appoimment <br /> y.ith respect to die piiieipal and income ¢o+ tin: ,ciC any light,:"•31 :laid spouse <br /> to withdraw principal of the Marital Tiu t <br /> 17. Depreciation and Depletion, The'Ft'nsice shall determine the amount of <br /> depreciation and depletion chargeable i:grtins the tangible assets of the trust estate during <br /> each year. and shall chari e against income and credit to principal [Its amount so <br /> determined: provided,(it that die amount of depreciation and depletion charged with <br /> respect to any assets of the trust estate during any year shall not exceed the net income <br /> tteri`.ed from that asset during that year. and (iil that the Trustee shall not be required to <br /> :'i";E_ru:�:a <br /> i`[I:'Ci:i:ililn or depletion ti'itil respect to any improvement constructed on trust <br /> prorertY h a lc` Ce. .-ilii such deterniinattons made in good faith by the Trustee shall he <br /> final and binding on all persons interested in the trust estate. <br /> construction_for incoillg lien 11ejaries. This trust agreement shall be <br /> the a1tt, f ons,trueed in the interest of the current income benetieiaries. and the exercise of <br /> anc discretion oldie I rtlsicc for any current iticoillc beneficiary is absolutely binding on <br /> all sueceSSOr income 'tie ncliciarics and remainder mem provided. that this paragraph shall <br /> net I incl our dlscrcti{)rt lieieitt conferred upon the 'trustee. <br /> 1. <br />
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