Management") for management of commercial property leases on propeliy purchased by theDistrict for a future bus facility, and;WHEREAS, Coast Management has requested that a trust account be set up with anillitial $500.00 deposit, with the District as beneficiary and Coast Management as agent, forthe purpose of depositing rents and other payments and paying operating expenses;NOW THEREFORE, BE IT RESOLVED that the Board of Directors hereby approvesthe establishment of a trust account with the District as beneficiary and Coast Management asagent, with an initial deposit amount of $500.00.
D.
Secretary, Board of Direc...
Allowed
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