Economic Sustainability to further
The 40-Acre Conservation League recognizes that, contrary to the way in which most land trusts operate, private sector development partners will be essential to our success. Our interest in partnering closely with the private sector on the acquisition of lands for conservation is motivated by our interest in ensuring that land management costs can be sustained in perpetuity without continuously needing to fundraise simply to meet maintenance costs each year.
We are seeking development partners whose ideas and projects are eco-oriented and eschew the notion of disrupting pristine open spaces for the purpose of building new subdivisions complete with tract housing. It is not uncommon for land trusts to monetize the rental of structures and site access, and to derive a percentage of revenue from the proceeds of agricultural operations. Our vision is to leverage profit making opportunities to further environmental sustainability, vigorous land management practices, and economic justice.
" Our interest in partnering closely with the private sector on the acquisition of lands for conservation is motivated by our interest in ensuring that land management costs can be sustained in perpetuity"
Before acquiring a property we undertake a rigorous process of investigation, review, and negotiation. Several criteria are considered:
- Where is the property located?
- How can this land simultaneously advance economic justice and conservation?
- What private sector partners, if any, are interested in partnership(s) toward these ends?
- Can eco-sensitive revenue-generating opportunities sustain the highest land management practices for the site?
- Which plant and animal species will be protected?
- What are the opportunities for outdoor recreation?
- What resources will be required to purchase and maintain the property?
- What will happen to the land if the 40 Acre Conservation League does not intervene?
- After research and negotiation, 40 Acre Conservation League enters a purchase agreement with a willing seller to acquire their property for a price that does not exceed the objective appraised value. We may look to public agencies, foundations, sponsors and individual donors — to raise the necessary remaining funds for acquisition.