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Land Entity White Paper <br />November 30, 1999 <br />b. Working with adjacent conservation landowners on <br />compatible goals and management approaches <br />C. Working with adjacent agricultural or other non - <br />conservation landowners so that habitat management takes into account <br />neighboring land use, and so neighbors know what to expect and have <br />input into decisions. <br />6. Be accountable to the Program signatories for using Program funds <br />for Program goals. This includes: <br />a. Being responsive to changes in Program policy resulting <br />from peer review and adaptive management. <br />b. Accounting for moneys received and spent. <br />C. Paying property taxes (or equivalent) on acquired land. <br />d. Managing and investing moneys received from Program <br />signatories and from agricultural or recreational leases or fees to fund <br />further acquisition, restoration, maintenance and other habitat <br />management activities. <br />7. If the Program fails, manage the dissolution of all or some of the <br />assets, as directed by the Land Entity or committee charter, as appropriate, or by <br />the Program signatories. <br />Two other potential Program functions have been identified in some discussions <br />that may or may not involve participation by the Land Entity or other entities <br />implementing the land component of the Program: (1) serving as the banking and <br />financial management entity of the Program, taking on the functions now served by the <br />Nebraska . ommunities Foundation for the Cooperative Agreement'; and (2) identifying <br />and seeking grants and matching funds and other opportunities to raise money for land <br />protection purposes which would benefit the Program. <br />' As has been found during the Cooperative Agreement, it is extremely useful to have arrangements with an <br />entity that can write checks and apply funds to specific subtasks rather than four governments entering into <br />separate contracts with each contractor or vendor. Many, but not all, Program contracts will be related to <br />the land component of the Program. In serving this function, an entity would need to conform to the <br />separate accounting requirements of the four governments to provide confirmation that funds were disbursed <br />for the purposes they were appropriated. <br />5 <br />