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Land Entity Wtute Paper <br />November 30, 1999 <br />• NFWF understands land protectian, management and restaration projects and has <br />a history of success. <br />? NFWF has experience with unique transactions and flexi6le agreements. <br />• Liability concerns are limited by the applicability of federal tort claims limits. <br />• NFWF can engage in fundraising activities to supplement government funds. <br />Disadvarrtages <br />• Connections to FWS and federal government programs call into question its <br />ability to credibly coardinate with and balance local interests. While this may be <br />a rnatter of appearances, perceptions are significant in winning public support. <br />3. Establish a New Federat Ptcblic Corporatian <br />A new federally chartered non-profit corporation, similar to NFWF or the <br />Presidia Trust, could be created. Such an effort would require federal authorizing <br />tegislation, but could create an entity tailored to the specific circumstances of ihe Platte <br />River Recovery Implementation Program. A board of directors could govern the new <br />federal public corporation with representative membership and appointment procedures <br />tailored to the Program. A contract between the new corparation and the Program <br />signatories could assign the corporation whatever role is desired, including halding <br />interests in land, negotiating land deals, managing land, and contracting with ather <br />organizations to accomplish implementation objectives. <br />Advantages <br />• Organization could be tailored to the specifics of the Program and federal, state <br />and stakeholder interests couId all be involved. <br />• Single purpnse orientation <br />+ Could be constructed to have significant local involvement <br />• No history or preconceived notions to overcome <br />• Federal and sta.te agencies have a history of working with this type of <br />organization. <br />• Can engage in fundraising activities to supplement government funds <br />• Flexible agreements can be developed <br />• Liability issues can be addressed legislatively <br />Disadvantages <br />• Requires establishing a new organizatian and authorizing legislation <br />• New organization has no staff, operating history or relationships with other <br />conservation or management organizations <br />• Situation within the federal government may invite suspician that federal gaals <br />will be given greater weight than the concems of other participants. <br />7.1