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Land Entity White Paper <br />November 30, 1999 <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 would function under an operating agreement developed and approved <br />by the Governance Committee to manage the land activities of the Program. That <br />operating agreement would establish lines of responsibility for carrying out land <br />protection, management and restoration functions, which could include being responsive <br />to an oversight group consisting of a broad set of stakeholders. Substantive tasks <br />assumed by state agencies would be credited toward that government's contributions to <br />the Program. Contracts for services and acquisition of interests in lands could be with <br />individual governments or jointly with one or all others to accommodate "fair share" <br />division of costs. Within this option is flexibility to either commit staff from each of the <br />governments to carry out some tasks, particularly planning and coordinating activities, or <br />contracting out most tasks. The JLP model could use either nonprofit or private <br />contractors, to negotiate transactions, manage and restore lands. Assuming that the JLP <br />is not established as a legal entity, the governments could hold the interests in land <br />acquired with their funds, either solely or jointly, or leave them in the hands of <br />contractors. <br />Advantages: <br />• Assuming the JLP is not legally established, no new legislative authority would be <br />needed, so it could be implemented relatively simply and quickly. <br />• The players with the money are responsible for getting actions carried out. <br />• Accountability to signatories is direct. <br />• Requires signatories to agree before acting, but allows actions to be carried out by <br />one government instead of a group or hybrid. <br />• Accommodates stakeholder input but leaves action in the hands of a relatively <br />small group that could act fairly quickly. <br />Disadvantages <br />• JMP is four - headed, with no single entity bringing continuity or decisiveness to <br />the process. <br />• Unbalanced structure heavily weighted toward federal /state government presence, <br />with particularly highly active roles for the federal government and foreign states. <br />It could be perceived as unrepresentative to local interests and stakeholders <br />because it will be under the "control" of its four member governments. <br />• Limited role for outside entities may result in less flexibility and creativity in <br />developing land protection options. <br />• High government presence may lead to trouble interesting individual landowners <br />in entering into deals. <br />iLM <br />