RESOLUTION NO. _____________

BOARD OF SUPERVISORS, COUNTY OF SAN MATEO, STATE OF CALIFORNIA

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RESOLUTION AUTHORIZING TRANSFER OF $30,000 FROM THE COUNTY GENERAL FUND TO BE HELD IN AN IMPREST ACCOUNT IN THE PUBLIC ADMINISTRATOR TRUST ACCOUNT, FOR AN AGGREGATE OF $50,000 IN SUCH ACCOUNT, AND AUTHORIZING THE PUBLIC ADMINISTRATOR AND HIS DULY DESIGNATED REPRESENTATIVES TO UTILIZE THIS FUND FOR MAKING LOANS TO DECEDENTS’ ESTATES TO PROTECT ASSETS THAT MAY BE AT RISK

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RESOLVED, by the Board of Supervisors of the County of San Mateo, State of California, that

 

WHEREAS, the San Mateo County Office of the District Attorney/Public Administrator, under its mandates, provides emergency coverage for, and administration of, decedent estates where no other eligible person is willing or able to administer such estates; and

 

WHEREAS, on occasion, the assets of an estate may be at risk insofar as the estate must make payments with respect to such assets prior to the time when the assets may be sold; and

 

WHEREAS, the Public Administrator, under the provisions of the Government Code, is permitted to advance funds to decedents estates for necessary expenses in the conduct of any estate administration; and

 

WHEREAS, the Public Administrator presently maintains an imprest account within its trust account for the purposes of meeting the emergency needs of the estates it administers and the funds in said account currently total $20,000, which amount has not been increased since 1996; and

 

WHEREAS, due to inflation and other factors, it is desirable to increase the amount of the Public Administrator’s imprest account by $30,000, for a total of $50,000; and

 

WHEREAS, this Board has been presented with a request to accomplish the foregoing, and has examined and approved such request as to both form and content:

 

NOW THEREFORE, IT IS HEREBY DETERMINED AND ORDERED that

1. The Board of Supervisors hereby approves the Public Administrator’s request to transfer $30,000 from the County General Fund to the imprest account in the Public Administrator Trust Account; and

2. The Public Administrator and his duly authorized representatives are hereby authorized to make appropriate loans from this fund.

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