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1991-12-13-TPT-COA
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1991-12-13-TPT-COA
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Trustees of Public Trusts - TPT
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December 13, 1991 <br />Mr. Alan Fields ; <br />Trustees of Public Trusts <br />Town of Lexington <br />Lexington, MA 02173 <br />Dear Mr. Fields: (Friends of the Lexington Council on Aging) <br />This letter is to set forth the terms on which the Trustees <br />of Public Trusts agree to hold the Trust fund established by the <br />Friends of the Lexington Council on Aging. <br />1. The Trustees will hold and invest the fund as part of <br />the common trust funds administered by them for the benefit of <br />the Town of Lexington. <br />2. Net income from the fund shall be paid from time to <br />time as requested by vote of the Executive Committee of the <br />Friends of the Lexington Council on Aging to provide programs and <br />services to benefit older adults in the Town of Lexington. <br />3. Principal from the fund may be used from time to time <br />to provide programs and services to benefit older adults in the <br />Town of Lexington or to provide for capital improvements to the <br />Senior Center of the Town of Lexington upon a vote of the <br />Executive Committee of the Friends of the Lexington Council on <br />Aging that such use of principal is necessary for such purposes. <br />Very truly yours, <br />-$A,' �u, <br />Jacqueline Davison, President <br />
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