201505742 - Laserfiche WebLink

Browse

c A Z n N TRANSFER AGREEMENT This agreement is entered into this 15 day of October, 2014, by and between the Village of Shelton, a Municipal Corporation, organized under the laws of the State of Nebraska, hereinafter referred to as "Village ", and the Shelton Cemetery Association, a nonprofit corporation organized under the laws of the State of Nebraska, hereinafter referred to as "Association ". WHEREAS Association has endeavored to use of volunteer appointments endeavored to maintain the Shelton Cemetery located to the East of the Village of Shelton in Hall County, Nebraska; and WHEREAS the Association has acquired during the course of its existence property and funds for the perpetual care of said cemetery and for maintaining, improving and developing the cemetery; and WHEREAS it has been more and more difficult for the Association to acquire volunteers and provide financial means to maintain the cemetery; and WHEREAS the Village is willing and able to assume responsibility for maintaining that portion of the heritage of the Village of Shelton, Nebraska that is represented by such cemetery. NOW THEREFORE in consideration of the mutual covenants herein contained the parties agree as follows: 1. The Association shall transfer to the Village all property and money under control of the Cemetery Association by means of deed, cash transfer or other forms of negotiable instrument, to include bills of sale. 2. All deeds to burial lots and other property of the Cemetery including personal property shall be transferred to the Village subject to any conditions or restrictions which may have been placed thereon by any donor thereof. 3. All funds and any money credited to the Association's perpetual care fund shall be transferred by the Association and placed in a new or existing fund dedicated to the general care, maintenance, management, improvement, beautification and welfare of the cemetery under the same restrictions of endowment and use as when delivered to the Association. The Village shall take such steps as to segregate such funding for purposes of performing the afore mentioned duties. 4. All monies under the control of the Association and transferred to the Village which may be restricted by the original endower thereof shall continue with such restrictions thereof. 5. Upon completion of all transfers the Association shall pursuant to Section 25 -530 Neb.Rev.Stat. be deemed disbanded. 6. The Village shall create a Cemetery Advisory Board composed of no less than five interested individuals who may or may not be residents of the corporate limits of the Village. 7. Association acknowledges that the attached list of assets, excluding real estate, are to be transferred in conjunction herewith. 8. The real estate to be transferred from the Association to the Village shall consist of the following tracts of land: r N..) C9 c::: co cIl CT) An U1 ET! N-a�