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Options for Creating a Land Interest Holding Entity
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Options for Creating a Land Interest Holding Entity
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Last modified
1/26/2010 4:38:00 PM
Creation date
6/9/2009 3:32:32 PM
Metadata
Fields
Template:
Water Supply Protection
File Number
8461.300
Description
Land Issues
State
CO
Basin
South Platte
Water Division
1
Date
10/30/2000
Author
Conservation Partners, Inc.
Title
Options for Creating a Land Interest Holding Entity
Water Supply Pro - Doc Type
Report/Study
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Advantages <br />1. Requires no new legislation or authority. <br />2. NFWF is a respected partner with federal and state governments and <br />has experience in accamplishing land entity tasks. <br />3. NFWF understands land protection, rural communities, management <br />and resforation issues and has a history of success. <br />4. NFWF has experience with complex real estate transactions, flexible <br />agreements and in managing liabilities. <br />5. Liability concerns are lirnited by the applicability of federal tort claims <br />limits. <br />6. NFWF can engage in fundraising activities to supplement government <br />funds. <br />Disadvantages <br />1. NFWF's name and connections to the U.S. Fish and Wildlife Service <br />may give NFVVF the perception of a government-oriented entity rather <br />than one sensitive to Itical and private interests. <br />2. NFWF is a national and regianal foundatian which wauld run the <br />praject out of a field office in either the mid-west or south-west <br />(although there are plans to open a Denver office). If there is nat a <br />Denver office, overhead for this management structure may he higher <br />than for a currently operating, local organization. <br />3. As a non-profit corporation with an independent board of directors, <br />NFWF's mission may not always mesh with the interests of the <br />signatories. <br />3. Use the Trust for Public Lands (TPL) <br />The Trust for Public Lands is a national land conservation organization that <br />works to protect land for the public to enjoy as parks and open space. <br />Founded in 1972, TPL offers a range of skills and services to help Iandowners, <br />citizen groups and government agencies protect land. TPL has aften served <br />in a bridge-financing capacity and as an interim land holder to acquire <br />important private lands for public ownership. TPL has extensive real estate, <br />negotiation and transaction skills. Generally, TPL is not a long term holder of <br />iand but is moving to consider longer term arrangements. TPL, will consider <br />operating as the land entity if a mutually agreeable managemenY contract can <br />be negotiated. They caution that covering liabilities and contingencies may <br />involve substantial costs. The praject wouid be managed out of the Colorado <br />project office where Doug Robotham is the current executive director. Daug <br />was very involved in the Cooperative Agreement when he worked for the <br />Colorado Department of Natural Resources and is knowledgeable about many <br />of the land issues. While there is interest in perfnrming the land entity <br />0 <br />Conservatiore Partners, Inc. P. 6
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