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HomeMy WebLinkAboutDirector of Community Services to sign as City Representativ CIS IIZ 0, GvNv� Dept.ID CS 14-002 Page 1 of 2 Meeting Date: 1/21/2014 CITY OF HUNTINGTON BEACH 4 Y REQUEST FOR. CITY COUNCIL ACTION MEETING DATE: 1/21/2014 SUBMITTED TO: Honorable Mayor and City Council Members SUBMITTED BY: Fred A. Wilson, City Manager PREPARED BY: Janeen Laudenback, Director of Community.Services SUBJECT: Authorize the Director of Community Services to sign as City Representative the Trust Distribution Agreement accepting $10,000 as a gift from the Norman L. Mayer Revocable Trust; and, authorize appropriation and expenditure of funds for a park bench Statement of Issue: A representative from the City of Huntington Beach is required to sign the Norman L. Mayer Trust Distribution Agreement in order for the City to accept a bequest of $10,000 from his estate for a park bench. City Council action is requested to authorize Janeen Laudenback, Director of Community Services, to sign the Agreement and appropriate the funds on behalf of the City of Huntington Beach. Financial Impact: No impact to the General Fund. The costs for the bench and installation will be covered by the bequest. Recommended Action: A) Authorize the Director of Community Services, Janeen Laudenback to sign the "Trust Distribution Agreement Norman L. Mayer Revocable Trust Originally Established January 22, 1985, As Amended" on behalf of the City of Huntington Beach; and, B) Accept the bequest of $10,000 from the Norman L. Mayer Revocable Trust Distribution Agreement and authorize the appropriation of $10,000 to Community Services Beach Maintenance Donation Account, Other Maintenance Account 10345206.67400. Upon receipt of the funds, authorize expenditure of the funds for a park bench in the name of Norman L. Mayer. Any excess funds will be used for installation of additional park equipment as needed. Alternative Action(s): Do not approve and direct staff accordingly. Analysis: Norman L. Mayer was a resident of our city for over 33 years and worked for the City's Planning Department. He passed away on June 8, 2013, and left a cash bequest of $10,000 in his Trust to the City of Huntington Beach for a park bench to be located near the xB -57- Item 4. - I Dept. ID CS 14-002 Page 2 of 2 Meeting Date: 1/21/2014 pier with an inscription as follows: "In Memory of Norman L. Mayer, 1924-2013." The City is prepared to accept this donation in exchange for placing a park bench on Bluff Top Park, at a location between 9th and 11th Streets. The exact location of the bench is yet to be determined. The Co-Trustees are requiring a City Representative to sign the attached Trust Distribution Agreement for distribution of funds per the Trust Agreement. Environmental Status: Not applicable Strategic Plan Goal: Improve the City's infrastructure Attachment(s): 1) Correspondence from Tredway Lumsdaine & Doyle LLP 2) Norman L. Mayer Revocable Trust Distribution Agreement Item 4. - 2 HB -58- JOSEPH A.LUMSDA.INE* 3900 KILROY AIRPORT WAY SUITE 240 MARK C.DOYLE,WA LONG BEACH,CALIFORNIA 90806 MATTHE'WL.KINLE {582};9 3-0971 DANIEL R.GtOLDt_ FAX(866)831-7302 ROY J.XMENE2 SHANNtON M.JENKINS LUMSDAINE D{OWNEY MONICA GOEL (E02)923-0971 PATR}CK C QUINLIVAN.1 W,BAILEY SMt aTH±T O.C.REGIONAL 0010E JENNIFERN.SAIND'AY �� a LLP (949).756-0684' JENN FER.A,LUMSDAINE � PAMEtA K.TAHIM,LLM BEVERLY HILLS BROOKE M,POLLARD (310)218-5312 MICHAELA_HELLBUSGH CARLOS.A.SECERRA Aww tldldw.com" JEEHYUN YOON Pro essiane�tam C,>-P HAROLD T..TREDWAY z o4 Co..se - 1919-2005 e���s a*Saeca4za;tor REPLYTC3; iC7NG.BEACH OFFICE mL:slatr Ftmrong T u!s�P«bate Law{state"&a T M"nil;grn'ai - - AUTHOR'S E-WWL:mgoel@tidiaw�,m - November 26,2013 _Janeen Laudenback. Director City of Huntington Beach 2000 Main St. Huntington Beach, GA 92648 Re Norman L. Mayer Revocable Trust Bear Ms. Laudenback. Lois D. Johnson and Effie Louise Crew as Co-Trustees of the Norman L. Mayer Revocable Trust are eager to complete the administration and to distribute the assets of the 'Trust. In order to more timely facilitate the distribution of the Trust assets and to reduce the costs of administration, we enclose the"Trust Distribution Agreement for your signature and return, Please sigh where indicated a d return to us in the enclosed self-addressed stamped envelope., Once we have received everyone's signatures,the Trust will.be able to complete the distributions as provided for under the A recment. Should you have any questions or wish to discuss the Trust Distribution Agreement further, please contact nip= ol'lice. Very truly yours, ` REDWAY. LUMSDAINE& DOYLE'LLP Monica Goel Enclosure cc: Lois D. Johnson Effie Louise Crew HB -59- Item 4. - 3 15 CITY OF HUNTINGTON BEACH 2000 MAIN STREET CALIFORNIA 92648-2702 HUNTINGTON BEACH COMMUNITY SERVICES DEPARTMENT (714) 536-5486 July 19, 2013 Tredway Lumsdaine & Doyle LLP 1920 Main Street, Suite 1000 Irvine, CA 92614-7276 RE: NORMAN L. MAYER Dear Mr. Smith.- We are in receipt of you letter dated June 18, 2013 regarding a park bench donation for Norman L. Mayer. The City is prepared to accept this donation in exchange for placing a park bench on Bluff Top Park. The location of the bench is yet to be determined. Denny Bacon, Maintenance Operations Manager, from our Park, Tree, and Landscape division of Public Works will be in contact with you to determine a location that is amenable to both the City and to the Estate of Norman L. Mayer. If you have any questions, please do not hesitate to contact me or Mr. Bacon. I can be reached at (714) 536-5496 and Mr. Bacon can be reached at (714) 375-5024. Sincerely, Janeen Laudenback Interim Director of Community Services Cc: Denny Bacon, Maintenance Operations Manager Item 4. - 4 HB -60- R RE f ` , ; t JJ zl Jt3SEPH 4.LUMSL1AlIJE* 1 0 tulAlM10wiO�Flc 144,,' 6 t MARKC DOYLE,LL.MTREDWAY iRl=l M.A THEW'L.KINLEY; Sr- t3AfviEt.R. cLL�t 1 A i - __ .. ROY J.JIMENEZ DOWNEY MONICA GDEL S AVNOh 1 (582)923- 9 7 PATRICKC 6'UINLIVAN*W.6AELEY SMITHt$ LONG BEACH TT� TTZ3 JENNJ FER N.SAWDAY ` L i,Ll {562,901-3050 JENNIFEP A.Li:MSG,AIN_ PAMELA K TAHIM,LLM BEVERLY HILLS BRJ ICE h.POLLARD LC-wyers (310",218-5312 MICHAEL A.N.ELLEIJSCH CARLOS A.SEC:RRA JEE Y P MOON www_tidlaw.com HAROLD T,TRE.OWAY g=cam §�;s eca l�emay 1919-2005 5sie a,:Ceutarnla.. - L�a,� - a4 mn�, a ro :� sw{sateaa orcaz mat_ REPLY TO- IRVINE June 18, 2013 11 untington.Beach City Council Jennifer McGrath, Esq. `2000 Main Street City Attorney of Huntington:Beach Huntington Beach, CA 92648 20,00 Main Street Huntington Beach, CA 92648 RE.- NORIVANL. AlAYER Dear City Council and Ms. McGrath: l represent the,Estate of Norman L. Mayer who died on June 8 2013 as a resident of the City of Huntington Beach. fie has left a cash bequest of$10,000 in his Trust to the City, if the City will erect a park bench near the Huntington Beach pier with an inscription as follows: "In jkkm rry Of Norman L. Mayer, 1924 =2013." Please advise me of your willing ess to accept this gift and when construction oft he park bench will Begin. Sincerely yours, "REDW LUMSDAINF & DOYL.E LLr j W. lied' Srnrth WBS:kC c: Effie Louise Crew, Co-`'rustee Louise I . Johnson. Co-Trustee Monica Gael, Esq. 1,tj'228653-1 33591-001 1-1B-61- Item 4. - 5 TRUST DISTRIBUTION AG E NORMAN L'. MAYER REVOCABLE TRUST ORIGINALLY ESTABLISHED JANUARY 22, 1985, AS AMENDED This agreement is made as of , 2013 by;LOIS D. JOHNSON and EFFIE LOUISE CREW, Co-trustees of the NORMAN L MAYER REVOCABLE TRUST ORIGINALLY ESTABLISHED JANUARY 22, 1985 AS AMENDED' (hereinafter referred to as "Trust") and LOIS D. JOHNSON, EFFIE LOUISE CREW and SHIRLEY A.PEER; MASONIC HOMES, GARDEN GROVE ELKS, AND CITY OF HUNTINGTON BEACH. (hereinafter referred to as "Beneficiaries" and'collectively as. ,1Partiesol) 1. Distribution Provisions. The terms of NORMAN L. MAYER' REVOCABLE TRUST ORIGINALLY ESTABLISHED'JANUARY 22, 1985 AS AMENDED pursuant to ARTICLE I11, Section 3.04 of the Second Amendment to,and Complete Restatement of the NORMAN L..MAYER REVOCABLE TRUST ORIGINALLY ESTABLISHED JANUARY 22, 1985. states that the Trust estate shall be distributed as follows: (1) $10,000 to the Masonic Homes;,,es; (2) $10,000 to Barden Grove f H Elks; (3) $10,000 to City ountington Beach for park bench; (4). Remainder into equal shares to LOIS D. JOHNSON, EFFIE f OUISE CREW and SHIRLEY A. PEER- 2. Proposed Final Trust Distribution_ The Trust is now in a position to make a final trust distribution as follows described below and also shown on Exhibit"A" 3. Beneficiaries Consents to Final Trust Distribution. By signing the Final Trust Distribution Agreement; the Beneficiaries herein agree that the final>distribution set forth in Paragraph 3 and also shown on Exhibit "A" is proper in all respect"§. 4. Waiver of Final`Accounting.,�'Under the terms of the Trust; a full accounting may be required by the"Trustee in accordance with the California Probate Code-,For purposes of the final trust distribution, the Beneficiaries'hereby waive an accounting . 5. Reserve. The Trustee is holding in reserve $]00,000 for any final taxes,. expenses including attorneys fees liabilities and costs arising from the Trust. Upon- completion of the final tax return,and payment of all final expenses, the"balance of the reserve, if any, shall be distributed to the Beneficiaries as set forth in Paragraph I. LAW106-1 33591-001 1 Item 4. - 6 HB -62- 6. Trustee's Fees. The total Trustees' fees shall be$10,000 payable to Lois D. Johnson. By signing this Agreement,the Beneficiaries consent that these fees are }gaper in all respects. 7. Further Documents. Each Party hereto agrees to make, execute, and acknowledge such deeds,_assignments, bills of sale, stock powers, letters of instruction, and other documents of transfer or conveyance as reasonablyrequired to carry out the distribution set forth in the:paragraph immediately preceding and otherwise to carry out the terms of this Agreement. 8. : Mutual Releases. 8.1 All'Parties, on behalf of themselves,their successors, assigns and agents,hereby release and discharge all other Parties, and their officers, directors;. trustees, shareholders, heirs, executors,,administrators, attorneys, successors and assigns,: principals; agents, servants, employees, consultants, representatives, parents, owners, brokers, affiliates, subsidiaries and related entities and each of them, from any and all actions, claims,.causes of action,judgments, liens, promises, agreements, contracts, obligations,transactions, indebtedness, costs, damages, losses, lawsuits,arbitrations, appeals, claims, liabilities, indemnifications,debts, restrictive covenants, covenants not to compete, demands, attorneys' fees or expenses of any nature whatsoever. 8.2 Waiver of Unknown Claims. It s the intention of the Parties hereto that this release be effective as a full and final accord and satisfaction and release of each and every claim any Party may have against any other Party, whether known or unknown_ In furtherance of this intention; all Parties herein acknowledge that they are familiar with California Civil Code §152,which provides as follows: "A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH THE CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST IN HIS FAVOR AT THE TIME F EXECUTING THE RELEASE, WHICH, IF KNOWN BY'HEV, MUST HAVE MATERIALLY AFFECTED HIS SETTLEMENT WITH DEBTOR." All Parties herein expressly waive and relinquish any right or benefit he, she or:it might have under Section 1542 of the California Civil Code or any relevant similar statute to the full extent that it may lawfully waive such rights and benefits. L AI287106-1.33591-W I HB -63- Item 4. - 7 9. Indemnification. The Beneficiaries hereby agree to indemnify, defend, and hold the Trustee and Trustee's,Attorneys free,and harmless from and against any and all n liability, damages, losses or expenses, including reasonable,att , eys' and,,accountants' fees howsoever`arising by reason`of the distribution of the Trust Estate pursuant to this Agreement, including payment of taxes, interest, and penalties,if any. In addition,. Trustees and beneficiaries acknowledge that Trustees' Attorney's have advised them that Trustees'Attorneys have not advised Trustees concerning any,taxes that may be owing, including but not limited to'Estate Tax,and that Trustees' Attorneys disclaim any responsibility for any tax liabilities that may be owing. Trustees and beneficiaries'hereby.. agree to indemnify, defend, and hold the Trustees' Attorneys free and harmless from and against any and all liability, damages, losses,'or expenses, including reasonable attorneys,%and accountants fees howsoever,arising from any taxes that may j)e Iowing from the Trust.' 10. Binding on Successors. This Agreement shall be binding on'the°.heirs; successors, and assigns of the parties;hereto, including any successor trustees of any of the trusts referred to herein. 11. Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the State of California. 12. Counterparts. This Agreement may be executed in several counterparts; each of which shall be deemed an' original, but all.of which shall constitute one and the same instrument. In addition, this Agreement may contain more that one counterpart of the signature page and this Agreement may be executed by,affixing signatures of each of the Parties to one of such counterpart signature pages; all of such counterpart signature pages shall read as though one, and they shall have the same fore and effect as though al l of the signers had'signed-a single signature page. LA287106-1 33591-001 Item 4. - 8 HB -64- 13. Advice of Counsel. The.Beneficiaries hereby acknowledge that they have been advised to have this Agreement reviewed by an attorney and.tax advisor of'their, choosing and freely and knowingly,enter into this Agreement without out reliance upon the advice of TREDWAY, LUMSDAINE &DOYLE, counsel for Trustee. Executed at Irvine, California on , 2013 LOIS D. JOHNSON, Co-trustee EFFIELOUISE CREW, Co-trustee Executed.at , California, on , 2013. BENEFIM ES: LOIS D. JOHNSON �4,EFFIE LOUISE CREW SHIRLEY A. PEER By: IViASONIC HOMES By GARDEN GROVE ELKS By. City of Huntington.Beach LA/2.87 106-1 33591-001. 4 , HB -65- Item 4. - 9 EXHIBIT "Al NO AN L. MAYER REVOCABLE TRUST ORIGINALLY ESTABLISHED, JANUARY 22, 1985, AS AMENDED Trust Assets- Personal Effects No resent value Cash on Eland $1;281,305.41 Receipts Expected from loan payoff $202,199.34 and reimbursement Expenses Trustee Fees $10,000 Reserve for final expenses $100,000 Total Specific Bequests ` $30,000 Total to Distribute: $1,141,305.41 Amount to Each Beneficiary: $380;435.18 Distribution To Lois D. Johnson $380,435.18 To Effie Louise Crew. $380,435.18" To Shirley A.Peer $380,435.18 01 { LA1287106-1,33591-001 Item 4. - 10 HB -66-