Memorandum
Date: February 9, 2021
To: The Honorable Bruno Sabatier, Chair, Lake County Board of Supervisors
From: Anita L. Grant, County Counsel
Jonathan Louie, Deputy County Counsel
Subject: Consideration of Resolution Accepting Bequest of Real Property And Funds From The John T. Klaus 1994 Trust To The County Of Lake
Executive Summary: (include fiscal and staffing impact narrative):
As the Board of Supervisors was made aware several months ago, the John T. Klaus 1994 Trust wishes to make a very generous bequest to the County of Lake, by and through the Lake County Public Services Department, of certain real properties located in Clearlake Oaks, consisting of approximately 620 acres, to be used for and maintained as a public park. Said bequest is made with certain conditions to which your Board must agree:
1. The public park shall be named the John T. Klaus Park;
2. One-third of the land at the rear end of this public park shall be reserved as a refuge for wildlife;
3. Areas of this public park shall be set aside and developed for sporting and athletic activities for youth.
The John T. Klaus 1994 Trust further provides that the remaining parcels of real property in the Trust Estate described in Schedule A of said Trust are to be sold and the net proceeds from such sale(s) are to be distributed to the County of Lake Public Services Department, Park and Recreations Division, subject to the following conditions:
1. Said proceeds, along with any fees generated by activities on the park properties, shall be held in an account, which shall be maintained separate and apart from any County of Lake general fund or Lake County Public Services Department fund; and
2. An independent auditor/accountant shall review this separate account on a yearly basis to determine whether the above-described funds are being used solely for the improvements and maintenance costs of the John T. Klaus Park and the results of this review must be provided to the Trustee o...
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