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Land Entity White Paper <br />November 30, 1499 <br />established as a legal entity such as a state or federal corporation, if desired. At that <br />point, however, federal legislative approval would likely be needed. <br />The JLP wauld function under an operating agreement developed and approved <br />by the Governance Committee to manage the land activities of the Frogram. That <br />operating agreement would establish lines af responsihiiity for carrying out land <br />protection, management and restvra#ivn functivns, which could include being responsive <br />to an aversight graup consisting of a braad set of stakeholders. Substantive tasks <br />assumed by state agencies wauld be credited toward that governmcnt's contributions to <br />the Program. Contracts for services and acquisition uf interests in lands could be with <br />individuai governments or jnintly with one or all others to accommodate "fair share" <br />division of costs. Within this optian is flexibility to either cammit staff from each of the <br />governments to carry out sorne tasks, particularly planning and coordinating activities, ar <br />contracting out most tasks. The JLP mode] could use either nonprofit ar private <br />contractors, to negotiate transac#ions, manage and restore lands. Assuming that the JLP <br />is not estabiished as a legal entity, the govemments could hald the interests in land <br />acquired with their funds, either solely or jointly, or leave them in the hands of <br />contractars. <br />Advarttages: <br />• Assuming the dI.P is not legally estabiished, no new legislative authority would be <br />needed, so it could be implemented relatively simply and quickiy, <br />• The players with the money are responsible for getting actions camed out. <br />• Accauntability to signatories is direct. <br />• Requires signatories to agree before acting, but allows actions to be carried aut by <br />one govemment instead of a groezp or hybrid. <br />• Accommadates stakeholder input but leaves action in the hands of a relatively <br />small group that could act fairly yuickly. <br />Drsndvantages <br />• JMP is four-headed, with no single entity bringing continuity or cfecisiveness to <br />the process. <br />• Unbalanced structure heavily weighted toward federal/state government presence, <br />with particularly highly active roles far the federal govemment arad foreigm states. <br />It could be perceived as unrepresentative to local interests and stakeholders <br />because it will be under the "cantral" of its faur member governments. <br />• Limited role for outside entities may result in iess flexibility and creativity in <br />developing land pratection options_ <br />• High government presence may lead to trouble interesting individual landowners <br />in entering into deals. <br />1 4