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eCopy, Inc. - Shasta College

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MEETING OF THE BOARD OF TRUSTEES - 5- APRIL 10, 201371and anticipate next week getting you information about the trust assets and a trust distributionagreement. Under the agreement, a distribution of most of the bequest would bemade immediately with a smaller amount distributed after a timber sale is completed."Trinity Trail UpdateRecently I met with Pat Frost, a Foundation Regent in Trinity County and adjunct instructor,about reviving the Trinity Trail project. This project has been dormant as we havestruggled with two issues. The first issue is obtaining an easement on the adjacentproperty. The second issue has been the availability of the CCC's to build the trail likethey did at our Tehama campus. We have just been informed that there is a strong possibilitythat they will be available this summer. Therefore, we are going to give this projectanother push."Pay it Forward"Our "Pay it Forward' voluntary deduction staff drive continues to be an important programfor funding campus programs and events. From my last report in January, theFoundation has sponsored the following campus events:$155.82$500.00$145.50$100.00$486.50$2,500.00$2,000.00$500.00$125.00$174.85Mrs. Pratt asked the value of the Rolland Robinson property. Mr. Thompson replied approximately$1 million; it might be worth more now. This should bring in to the Foundationbetween $400,000 and $600,000 of undesignated funds, which is pretty rare. Mr.Lucas asked what undesignated meant. Mr. Thompson said the money will come directlyto <strong>Shasta</strong> <strong>College</strong> for its use. Usually funds are designated for scholarships. Mr. Lucasasked if the property was divided into lots, or if it's a single parcel. Mr. Thompsonsaid the parcel is subdivided. Mr. Lucas said it's been a long haul. Mr. Thompson saidwe're not there yet. Mr. Swendiman asked if the subdivision was final. Mr. Thompson

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