2016-02-15T00:00:00-06:00 2015-03-31 620713250 KRAFTCPAS PLLC 555 GREAT CIRCLE ROAD NASHVILLE TN 37228 990 2014-04-01 621770549 THE LAND TRUST FOR TENNESSEE INC LAND 6152445263 209 10TH AVENUE SOUTH NO 327 NASHVILLE TN 37203 LIZ MCLAURIN PRESIDENT 6152445263 2016-02-16 1 KEN YOUNGSTEAD P00320901 6152427351 2016-02-16 2014 2016-08-17 19:52:53Z LIZ MCLAURIN 209 10TH AVENUE SOUTH NO 327 NASHVILLE TN 37203 4172368 0 X WWW.LANDTRUSTTN.ORG X 1999 TN TO PRESERVE THE UNIQUE CHARACTER OF TENNESSEE'S NATURAL AND HISTORIC LANDSCAPES AND SITES FOR FUTURE GENERATIONS. 32 32 22 150 0 0 3492363 3063149 0 0 73266 59487 66626 57969 3632255 3180605 0 0 0 0 1032200 1023072 0 0 245569 1020604 3170843 2052804 4193915 1579451 -1013310 17931664 17005790 53992 67744 17877672 16938046 X TO PRESERVE THE UNIQUE CHARACTER OF TENNESSEE'S NATURAL AND HISTORIC LANDSCAPES AND SITES FOR FUTURE GENERATIONS. 0 0 3877889 DURING FY15, IN FURTHERANCE OF OUR MISSION, THE LAND TRUST PROTECTED 2,996 ACRES OF LAND THROUGHOUT TENNESSEE THROUGH 18 INDIVIDUAL PROJECTS IN 11 COUNTIES. PROTECTED LANDS INCLUDED WORKING FARMS AND FORESTS, RECREATIONAL LANDS (BOTH PRIVATE AND PUBLIC), SCENIC VIEWSHEDS, WILDLIFE HABITAT, LANDS WITH ECOLOGICAL SIGNIFICANCE AND LANDS CONTAINING SIGNIFICANT WATER RESOURCES. PROPERTIES WERE PROTECTED THROUGH DONATED CONSERVATION EASEMENTS AND PURCHASES OR FACILITATION OF PURCHASES THROUGH PARTNERSHIPS WITH THE STATE OF TENNESSEE, METRO NASHVILLE DAVIDSON COUNTY, FRIENDS OF RADNOR LAKE, THE MOUNTAIN GOAT TRAIL ALLIANCE AND OTHER PARTNERS. THE LAND TRUST ALSO SUCCESSFULLY MANAGED, MONITORED AND ENFORCED ALL PREVIOUSLY EXISTING CONSERVATION EASEMENTS AND PROPERTIES. THIS BRINGS THE TOTAL NUMBER OF LAND PROTECTION PROJECTS COMPLETED BY THE LAND TRUST TO 297, PROTECTING OVER 91,000 ACRES OF LAND THROUGHOUT TENNESSEE, INCLUDING 267 CONSERVATION EASEMENTS OF 71,093 ACRES. - IN FY15, THE LAND TRUST FOR TENNESSEE PROTECTED 2,996 ACRES THROUGH 18 INDIVIDUAL PROJECTS IN 11 COUNTIES THROUGHOUT TENNESSEE. HIGHLIGHTS INCLUDE:- MOUNTAIN GOAT TRAIL: A 7-ACRE TRAILHEAD AREA IN TRACY CITY ALONG WITH 4 MILES OF FUTURE TRAILS ACQUIRED IN PARTNERSHIP WITH THE MOUNTAIN GOAT TRAIL ALLIANCE.- RADNOR LAKE: 43 ACRES OF CRITICAL LAND PROTECTED INCLUDING THE ACQUISITION OF 23 NEW ACRES WITH THE FRIENDS OF RADNOR LAKE AND THE STATE OF TENNESSEE. A PORTION OF A NEW CONSERVATION EASEMENT ON A 20-ACRE INHOLDING WILL BE TRANSFERRED TO THE STATE.- WORKING FARMS: 6 WORKING FARMS COVERING OVER 600 ACRES OF PRIME AGRICULTURAL SOILS INCLUDING OUR FIRST PROJECTS IN HOUSTON, LAWRENCE AND GIBSON COUNTIES. THREE OF THESE PROPERTIES ARE "CENTURY FARMS" - WORKING FARMS WITH CONTINUOUS PRODUCTION IN THE SAME FAMILY FOR OVER 100 YEARS.- FT. CAMPBELL: 5 FARMS IN MONTGOMERY COUNTY TOTALING OVER 1,235 ACRES PROTECTED IN PARTNERSHIP WITH THE DEPARTMENT OF DEFENSE. THE PROJECTS CONSERVE HIGH-QUALITY AGRICULTURAL LANDS IN ONE OF THE FASTEST -GROWING COMMUNITIES IN OUR STATE.- 342 ACRES OF PUBLIC PARKLAND IN THE TOWN OF SIGNAL MOUNTAIN CONTAINING TRAILS AND EXPANSIVE VIEWSHEDS PROTECTED WITH THE HELP OF THE TOWNSHIP.- PURCHASE OF 100 ACRES CONTAINING THE ONLY LIMESTONE ARCH IN THE STATE ADDED TO ONE OF OUR FAVORITE STATE PARKS (EXCITING DETAILS WILL BE ANNOUNCED THIS SUMMER!).- IN PARTNERSHIP WITH METRO PARKS, PURCHASED 60 ACRES OF OPEN SPACE FOR THE ANTIOCH COMMUNITY CONTINUING THE MILL CREEK GREENWAY.- AN HISTORIC VIEWSHED AND A VALUABLE PIECE OF LOCAL HERITAGE PRESERVED AT OLD HILLSBORO ROAD AND OLD NATCHEZ TRACE IN WILLIAMSON COUNTY.THE LAND TRUST FOR TENNESSEE'S GLEN LEVEN FARM, AN URBAN OASIS JUST FOUR MILES FROM THE CENTER OF DOWNTOWN NASHVILLE, CONTINUED TO GROW AS A CENTER FOR CONSERVATION FOLLOWING EXTENSIVE STABILIZATION WORK ON THE HOME AND OUT BUILDINGS DURING THE TWO PRIOR YEARS. THE LAND TRUST USED THE FACILITY FOR 13 MEETINGS OF OUR BOARD AND BOARD COMMITTEES AND THE SAME NUMBER OF FULL STAFF MEETINGS. THE LAND TRUST'S CONSERVATION-FOCUSED FIELD TRIP PROGRAM, DEVELOPED WITH TEACHERS TO MEET STATE CURRICULUM STANDARDS, HOSTED 15 SCHOOL GROUPS IN FALL AND SPRING INCLUDING PRIVATE SCHOOL GROUPS, TITLE I AND NON-TITLE I PUBLIC SCHOOL GROUPS AND ONE HOMESCHOOL GROUP. THREE OF THESE FIELD TRIPS WERE FREE OF CHARGE BECAUSE OF GENEROUS FOUNDATION GRANTS. IN ADDITION, ONE GRANT-FUNDED FAMILY LEARNING SATURDAY WAS HELD WITH A MUSEUM MAGNET SCHOOL. THE LAND TRUST CONTINUED TO CONDUCT GROUP TOURS OF THE PROPERTY AND GREW PARTNERSHIPS WITH SECONDARY SCHOOLS AND UNIVERSITIES. MISSION-RELATED BOOK SIGNINGS, WORKSHOPS AND ART EVENTS WELCOMED HUNDREDS OF VISITORS AND VOLUNTEERS AND APPROXIMATELY 250 GUESTS CAME TO GLEN LEVEN FARM AS A PART OF THE CITY-WIDE BATTLE OF NASHVILLE SESQUICENTENNIAL CELEBRATION. THE FARM WAS THE SETTING FOR ONE WEDDING AND NUMEROUS INTERNAL AND EXTERNAL EVENTS, INCLUDING ONCE IN A BLUE MOON 2014, THE ORGANIZATION'S LARGEST FUND-RAISING EVENT. THE LAND TRUST CONTINUED AGRICULTURAL PROGRAMMING WITH THE HERMITAGE HOTEL THROUGH THEIR HEIRLOOM GARDEN PROJECT, WITH OUR CATTLE OPERATOR, GL SHORTHORNS, AND THROUGH OUR OWN TWO MINIATURE DONKEYS. THE HONEYBEE SANCTUARY, MANAGED BY A VOLUNTEER, GREW IN SCOPE AND HIVE TYPE AND WAS VISITED BY MANY INTERESTED IN BEE KEEPING. -WE CONTINUED OUR LEADERSHIP ROLE IN THE FARMLAND LEGACY PARTNERSHIP, MADE UP OF 13 AGENCIES, THAT SERVES AS AN AUTHORITATIVE RESOURCE FOR BOTH FARM LEVEL AND COMMUNITY PLANNING THAT PROMOTES THE PRESERVATION AND VIABILITY OF WORKING FARMS IN TENNESSEE. -WE CONTINUED WORKING WITH PARTNERS INCLUDING USDA-NATURAL RESOURCES CONSERVATION SERVICE, THE HERITAGE FOUNDATION OF FRANKLIN AND WILLIAMSON COUNTY, CUMBERLAND REGION TOMORROW, TENNESSEE FARM BUREAU FEDERATION, THE TENNESSEE DEPARTMENT OF ENVIRONMENT AND CONSERVATION, TENNESSEE PRESERVATION TRUST, THE NATIONAL PARK SERVICE, UT AGRICULTURAL EXTENSION, THE DEPARTMENT OF AGRICULTURE, MIDDLE TENNESSEE STATE CENTER FOR HISTORIC PRESERVATION, COMMUNITY FOOD ADVOCATES, THE BATTLE OF NASHVILLE PRESERVATION SOCIETY, THE MOUNTAIN GOAT TRAIL ALLIANCE, THE FRIENDS OF WARNER PARKS, THE NATURE CONSERVANCY, THE FRIENDS OF RADNOR LAKE, THE FRIENDS OF THE SOUTH CUMBERLAND STATE PARK, GILES COUNTY FARMLAND TRUST, THE UNIVERSITY OF THE SOUTH, THE DEPARTMENT OF DEFENSE AT FORT CAMPBELL, TENNESSEE WILDLIFE RESOURCES AGENCY, METRO-NASHVILLE DAVIDSON COUNTY, NUMEROUS LOCAL WATERSHED ORGANIZATIONS, AND MANY MORE.-OUR STAFF PARTICIPATED IN THE FOLLOWING WORKING GROUPS: USDA-NRCS TECHNICAL COMMITTEE, TENNESSEE WATER GROUP, FARMLAND LEGACY PARTNERSHIP, FOREST LEGACY COMMITTEE, NASHVILLE NEXT AND NUMEROUS LOCAL FOOD AND AGRICULTURE COMMITTEES. -SPEAKING ENGAGEMENTS AND OUTREACH *WE PARTICIPATED IN OVER 75 SPEAKING ENGAGEMENTS AND EVENTS AROUND THE STATE, REACHING OVER 7,000 PEOPLE. OUR SPEAKING EVENTS EDUCATED LANDOWNERS, COMMUNITY MEMBERS, PROFESSIONALS AND OFFICIALS ABOUT OUR PROGRAMS AND CONSERVATION METHODS AND OPPORTUNITIES. *WE PROVIDED INDIVIDUAL LAND CONSERVATION EDUCATION TO APPROXIMATELY 120 LANDOWNERS INTERESTED IN PROTECTING THEIR LANDS THROUGH EDUCATIONAL MATERIALS AND/OR INDIVIDUAL ON-SITE MEETINGS AND CONSULTATIONS. -OUR ORGANIZATION ACTIVELY PROMOTED, FOR THE BENEFIT OF THE GENERAL PUBLIC, THE IMPORTANCE OF CONSERVATION AND THE ENHANCEMENT OF NATURAL AND CULTURAL RESOURCES IN TENNESSEE. 3877889 1 1 0 1 0 0 1 0 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 54 0 1 22 1 0 0 0 0 0 1 1 0 0 X 32 32 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 TN X X LIZ MCLAURIN 6152445263 209 10TH AVENUE SOUTH 327 NASHVILLE TN 37203 BRAD SOUTHERN DIRECTOR/LAND PROTECTION VICE-CHAIR 1.00 X 0 0 0 MARY ELLEN RODGERS DIRECTOR/ GOVERNANCE CHAIR 2.00 X 0 0 0 GREG VITAL DIRECTOR/GOVERNANCE VICE-CHAIR 1.00 X 0 0 0 RIDLEY WILLS II DIRECTOR/EXTERNAL AFFAIRS CO-CHAIR 1.00 X 0 0 0 STEVEN MASON DIRECTOR/ GLEN LEVEN CHAIR 1.00 X 0 0 0 OPHELIA PAINE DIRECTOR/ GLEN LEVEN VICE-CHAIR 1.00 X 0 0 0 KAY S SIMMONS DIRECTOR/ INTERNAL AFFAIRS VICE-CHAIR 1.00 X 0 0 0 BYRON TRAUGER DIRECTOR 1.00 X 0 0 0 CHRIS CIGARRAN DIRECTOR 1.00 X 0 0 0 DEBBIE FRANK DIRECTOR 1.00 X 0 0 0 DONALD TAYLOR DIRECTOR 1.00 X 0 0 0 DOUG CAMERON DIRECTOR 1.00 X 0 0 0 DOYLE RIPPEE DIRECTOR 1.00 X 0 0 0 ELLEN MOORE DIRECTOR 1.00 X 0 0 0 EMILY MCALISTER DIRECTOR 1.00 X 0 0 0 LYNN LASSITER KENDRICK DIRECTOR 1.00 X 0 0 0 MARTIN BROWN JR DIRECTOR 1.00 X 0 0 0 RICHARD BOVENDER DIRECTOR 1.00 X 0 0 0 ROBERT JOHNSTON DIRECTOR 1.00 X 0 0 0 WARNER BASS DIRECTOR 1.00 X 0 0 0 DAPHNE BUTLER DIRECTOR 1.00 X 0 0 0 KIMBERLY KAEGI DIRECTOR 1.00 X 0 0 0 MATTHEW P MILLER DIRECTOR 1.00 X 0 0 0 MARK MANNER DIRECTOR 2.00 X 0 0 0 VICKI PIERCE TURNER DIRECTOR 1.00 X 0 0 0 ESLICK DANIEL IMMEDIATE PAST CHAIR 1.00 X X 0 0 0 SAM BELK TREASURER/ FINANCE CHAIR 2.00 X X 0 0 0 DOUG CRUICKSHANKS SECRETARY/ FINANCE VICE-CHAIR 1.00 X X 0 0 0 ROBERT S BRANDT CHAIR OF LAND PROTECTION C 2.00 X X 0 0 0 JENNIE RENWICK EXTERNAL AFFAIRS CO-CHAIR 2.00 X X 0 0 0 SARA FINLEY BOARD CHAIR 8.00 X X 0 0 0 JEAN C NELSON PRESIDENT/CEO 60.00 X X 108367 0 12790 108367 0 12790 1 0 0 0 G MORRIS CONSTRUCTION 710 CLEARVIEW DRIVE NASHVILLE TN 37205 CONSTRUCTION 134471 1 64611 2998538 3063149 59247 59247 8282 0 8282 8282 8282 862503 862263 240 240 240 179187 64611 129500 49687 49687 3180605 8522 0 108934 121525 85067 12153 24305 766228 619654 18906 127668 12762 10131 447 2184 57231 45432 2002 9797 65326 51857 2286 11183 41364 41364 29025 19327 3852 5846 68061 50656 7050 10355 39785 32182 3286 4317 99157 76792 10718 11647 10643 10510 64 69 47922 46790 544 588 46953 40946 2884 3123 EASEMENT & LAND ACQUISI 2387338 2387338 TRANSACTION ASSISTANCE 122018 121809 100 109 EDUCATION & OUTREACH 54808 53269 667 872 GLEN LEVEN ESTATE PROPE 42149 41873 133 143 181620 142892 5365 33363 4193915 3877889 70457 245569 4638029 3995321 442928 351397 140865 54629 22412 30473 9599031 170286 9673628 9428745 3009382 3116150 4420 29075 17931664 17005790 49572 38669 4420 29075 53992 67744 X 9641740 9580877 8235932 7357169 17877672 16938046 17931664 17005790 -1013310 73684 0 X X 0 1 X 1 0 X 2654514 3596229 2237340 3492363 3063149 15043595 2654514 3596229 2237340 3492363 3063149 15043595 1128805 13914790 20686 13755 27535 54676 67529 184181 15227776 1622045 0.91380 0.90510 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1 0 0 0 0 1 1315 0 0 1315 0 PART II-B, LINE 1: TO PROMOTE THE ENHANCED TAX INCENTIVES AND OTHER FUNDING MECHANISMS FOR CONSERVATION INITIATIVES RELATED TO OUR MISSION. X X X X 267 71093.00 0 0 0 1 1 1636.00 88533 0 2401499 109948 2511447 2237396 8512 155591 2401499 2076840 153580 6976 2237396 133000 1942698 1142 2076840 0 133000 133000 1.00000 0 0 6339988 6339988 3104561 59254 3045307 154482 111032 43450 9428745 INVESTMENTS WITH DONOR RESTRICTIONS 957822 C INVESTMENTS WITH BOARD DESIGNATIONS 2158328 C 3116150 FUNDS HELD ON BEHALF OF OTHERS 29075 29075 X 3442081 73684 58292 129500 261476 3180605 0 3180605 4381707 58292 129500 187792 4193915 0 4193915 PART II, LINE 5: EASEMENT MONITORING: THE LAND TRUST FOR TENNESSEE IS AN ACCREDITED LAND TRUST. ACCREDITATION RECOGNIZES AN ORGANIZATION'S COMMITMENT TO EXCELLENCE AND CONTINUAL LEARNING AND IMPROVEMENT. MONITORING IS THE REGULAR AND SYSTEMATIC GATHERING OF INFORMATION ABOUT A CONSERVED PROPERTY TO DETECT CHANGES AND TO ENSURE THAT THE PROPERTY IS BEING USED IN ACCORDANCE WITH THE RESTRICTIONS PLACED ON IT AND/OR MANAGEMENT PLAN. EACH PROPERTY, WHETHER PROTECTED BY A CONSERVATION EASEMENT OR OWNED BY LTTN (THE LAND TRUST FOR TENNESSEE), WILL BE MONITORED AT LEAST ONCE ANNUALLY IN A MANNER APPROPRIATE TO THE SIZE AND RESTRICTIONS OF THE PROPERTY. MONITORS MAY INCLUDE LTTN STAFF, BOARD OR COMMITTEE MEMBERS, TRAINED VOLUNTEERS AND RELEVANT PROFESSIONALS. THE MONITOR FOLLOWS THE FOLLOWING BASIC STEPS FOR THE MONITORING VISIT: 1.CONTACT THE LANDOWNER TO INFORM HIM/HER OF THE VISIT AND TO INVITE THEM TO ACCOMPANY THE MONITOR. 2.PRIOR TO THE VISIT, REVIEW THE BASELINE DOCUMENTATION REPORT, PAST MONITORING REPORTS AND THE CONSERVATION EASEMENT OR THE MANAGEMENT PLAN, WHICHEVER IS APPLICABLE, VIA FILE OR DATABASE. 3.BRING CONSERVATION EASEMENT SUMMARY ON THE SITE VISIT TO USE AS A REFERENCE. 4.IF MONITOR IS A VOLUNTEER, COMPLETE THE STEWARDSHIP MONITOR RELEASE FORM IF NOT COMPLETED AT VOLUNTEER TRAINING. 5.INSPECT THE CONSERVED PROPERTY, EITHER FROM THE AIR OR ON THE GROUND. WHILE INSPECTING, TAKE NOTES AND PHOTOGRAPHS. 6.FILL OUT A STEWARDSHIP SITE VISIT MONITORING FORM PROVIDING A WRITTEN DOCUMENTATION OF WHAT WAS SEEN AND SUBMIT TO STEWARDSHIP MANAGER. IF THERE IS A SUSPECTED VIOLATION OF THE CONSERVATION EASEMENT, THEN THE FOLLOWING ENFORCEMENT OF EASEMENTS PROCEDURES ARE FOLLOWED. ENFORCEMENT OF EASEMENTS: LTTN IS COMMITTED TO PROTECTING THE CONSERVATION VALUES AND PURPOSES EMBODIED IN ITS CONSERVATION EASEMENTS. AS A GENERAL RULE, THE BOARD OF DIRECTORS OF LTTN WILL ENFORCE THE TERMS OF ITS CONSERVATION EASEMENTS AND, CONSISTENT WITH SUCH TERMS, SEEK TO REMEDY VIOLATIONS THEREOF IN ORDER TO, AMONG OTHER THINGS, PROTECT THE CONSERVATION VALUES OF THE LAND, MAINTAIN PUBLIC CONFIDENCE IN LTTN'S MISSION, SUPPORT LTTN'S LEGAL AUTHORITY TO ENFORCE THE TERMS OF OTHER CONSERVATION EASEMENTS, AND MAINTAIN LTTN'S TAX-EXEMPT STATUS AS A CHARITABLE ORGANIZATION. IN CONNECTION WITH A STEWARD'S MONITORING OF A CONSERVATION EASEMENT, ANY SUSPECTED VIOLATION OF THE TERMS OF A CONSERVATION EASEMENT ARE TO BE RECORDED ON THE FORM AND IMMEDIATELY REPORTED TO THE STEWARDSHIP MANAGER. VIOLATIONS MAY ALSO BE REPORTED BY A STAFF OBSERVATION OUTSIDE THE ANNUAL MONITORING VISITS OR BY AN UNRELATED THIRD PARTY, SUCH AS A NEIGHBOR, LOCAL GOVERNMENT AGENCY, OR OTHER COMMUNITY ORGANIZATION. 1.SUSPECTED VIOLATIONS, INCLUDING A DETAILED DESCRIPTION THEREOF, ARE RECORDED BY THE MONITORING STEWARD OR LTTN STAFF MEMBER RECEIVING NOTICE THEREOF. THE STEWARD OR STAFF MEMBER ARE, TO THE EXTENT POSSIBLE, TO DISCERN AND DOCUMENT WHETHER THE SUSPECTED VIOLATION HAS BEEN CAUSED BY THE LANDOWNER OR SOME OTHER PERSON. THE MONITORING STEWARD WILL REFRAIN FROM DISCUSSING THE SUSPECTED VIOLATION WITH THE LANDOWNER. 2.THE MONITORING STEWARD OR STAFF PERSON WILL IMMEDIATELY REPORT THE SUSPECTED VIOLATION TO THE STEWARDSHIP MANAGER, WHO, IN TURN, WILL IMMEDIATELY INFORM THE PRESIDENT AND OTHER APPROPRIATE MEMBERS OF LTTN STAFF. 3.THE STEWARDSHIP MANAGER OR DESIGNATED STAFF MEMBER THEN CONSULTS THE ORIGINAL TERMS OF THE CONSERVATION EASEMENT AND EVALUATES THE DOCUMENTATION REGARDING THE SUSPECTED VIOLATION. IN THE CASE OF A NON-STEWARD OBSERVER, THE STEWARDSHIP MANAGER WILL SCHEDULE A MONITORING VISIT WITH THE LANDOWNER TO INSPECT THE SITE OF THE SUSPECTED VIOLATION AND TAKE PHOTOGRAPHS. THIS PHYSICAL INSPECTION WILL BE PERFORMED BY THE STEWARDSHIP MANAGER, CONSERVATION DIRECTOR, PRESIDENT, A BOARD MEMBER, OR ANY COMBINATION THEREOF. 4.ALL DOCUMENTATION OF THE SUSPECTED VIOLATION (INCLUDING PHOTOGRAPHS, IF ANY) WILL BE RECORDED IN LTTN'S STEWARDSHIP FILES RELATING TO THE AFFECTED CONSERVATION EASEMENT. 5.UNLESS IT IS CLEAR THAT NO VIOLATION OF THE CONSERVATION EASEMENT HAS OCCURRED, THE STEWARDSHIP MANAGER WILL THEN DISCUSS POTENTIAL RESOLUTIONS WITH OTHER STAFF MEMBERS. IN ADDITION, THE LAND PROTECTION STAFF WILL DISCUSS POTENTIAL RESOLUTIONS WITH THE STEWARDSHIP OR LAND PROTECTION COMMITTEE, LTTN'S ATTORNEY, AND THE BOARD OF DIRECTORS WHEN APPROPRIATE. 6.THE STEWARDSHIP MANAGER WILL CONTACT THE LANDOWNER BY TELEPHONE TO EXPLAIN THE PROBLEM AND REQUEST A CORRECTION, REPLACEMENT AND/OR CESSATION OF ACTIVITY. THE LANDOWNER WILL BE GIVEN AN APPROPRIATE DEADLINE FOR COMPLIANCE AND NOTIFIED THAT A LETTER SUMMARIZING THE CONVERSATION WILL BE SENT IMMEDIATELY. 7.A FOLLOW-UP LETTER WILL BE SENT TO THE LANDOWNER REITERATING ORAL EXPLANATIONS, REQUESTS AND THE COMPLIANCE DEADLINE. ALL CORRESPONDENCE RELATED TO A SUSPECTED VIOLATION WILL BE SENT CERTIFIED MAIL, RETURN RECEIPT REQUESTED WITH A COPY SENT TO LTTN'S ATTORNEY. 8.ON THE DAY OF THE COMPLIANCE DEADLINE, THE SITE OF THE VIOLATION WILL BE INSPECTED FOR COMPLIANCE BY THE STEWARDSHIP MANAGER OR PRESIDENT DELEGEE. IF THE VIOLATION HAS BEEN CORRECTED, THEN LTTN WILL SEND AN OFFICIAL LETTER TO THE LANDOWNER STATING THAT THE COMPLIANCE IS RECOGNIZED AND THANKING THEM FOR THEIR COOPERATION. IF THE VIOLATION HAS NOT BEEN RECTIFIED, THEN A SECOND LETTER IS SENT TO THE LANDOWNER RESTATING THE REQUIRED CORRECTION AND ESTABLISHING A NEW COMPLIANCE DEADLINE DATE. LTTN'S ATTORNEY WILL BE COPIED ON THIS LETTER AS WELL. 9.ON THE SECOND DEADLINE DATE, THE STEWARDSHIP MANAGER OR PRESIDENT DELEGEE WILL RE-INSPECT THE SITE OF THE VIOLATION. IF COMPLIANCE IS ACHIEVED THEN LTTN WILL SEND THE OFFICIAL LETTER TO THE LANDOWNER STATING THAT THE COMPLIANCE IS RECOGNIZED AND THANKING THEM FOR THEIR COOPERATION. IF ON THE SECOND DEADLINE, THE LANDOWNER REMAINS NON-COMPLIANT, THEN LTTN'S LEGAL COUNSEL, BOARD OF DIRECTORS, AND THE STEWARDSHIP OR LAND PROTECTION COMMITTEE WILL BE CONTACTED TO DISCUSS POTENTIAL LEGAL ACTION. 10.WITH THE ADVICE OF LTTN'S LEGAL COUNSEL, BOARD OF DIRECTORS AND APPROVAL BY THE STEWARDSHIP OR LAND PROTECTION COMMITTEE, LTTN WILL CONSIDER ENFORCEMENT OF THE EASEMENT THROUGH MEDIATION, ARBITRATION, LITIGATION, OR OTHER MEANS CONSISTENT WITH THE TERMS OF THE CONSERVATION EASEMENT. 11.UNLESS OTHERWISE SPECIFIED BY THE BOARD OF DIRECTORS, LTTN'S PRESIDENT WILL ACT AS SPOKESPERSON WITH RESPECT TO THE VIOLATION WHEN AND IF THE MEDIA IS INVOLVED. THE FOREGOING NOTWITHSTANDING, ANY DETERMINATION REGARDING WHETHER AND HOW TO ENFORCE A CONSERVATION EASEMENT IS WITHIN THE DISCRETION OF LTTN'S BOARD OF DIRECTORS, WHICH DISCRETION WILL BE EXERCISED ON A CASE-BY-CASE BASIS. PART II, LINE 9: THE LAND TRUST FOR TENNESSEE VALUES EASEMENTS AT ZERO. A CONSERVATION EASEMENT PROVIDES THE LAND TRUST WITH NO AFFIRMATIVE RIGHTS EXCEPT TO MONITOR AND ENFORCE THE EASEMENT. FINANCIAL STATEMENT FOOTNOTE: CONSERVATION EASEMENTS HELD BY THE ORGANIZATION ARE NOT RECOGNIZED AS ASSETS IN THE ACCOMPANYING FINANCIAL STATEMENTS. ASSETS ARE DEFINED AS PROBABLE FUTURE ECONOMIC BENEFITS OBTAINED OR CONTROLLED BY AN ENTITY; THE ORGANIZATION DOES NOT BELIEVE THAT THE EASEMENTS MEET THE DEFINITION CRITERIA. THE COST OF OBTAINING CONSERVATION EASEMENTS IS EXPENSED WHEN THE EASEMENT IS ACQUIRED. PART V, LINE 4: TO GENERATE REVENUE AND CAPITAL GROWTH. PART X, LINE 2: MANAGEMENT PERFORMS AN EVALUATION OF ALL INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE COURSE OF PREPARING THE LAND TRUST'S INCOME TAX RETURNS TO DETERMINE WHETHER THE INCOME TAX POSITIONS MEET A "MORE LIKELY THAN NOT" STANDARD OF BEING SUSTAINED UNDER EXAMINATION BY THE APPLICABLE TAXING AUTHORITIES. MANAGEMENT HAS PERFORMED ITS EVALUATION OF ALL INCOME TAX POSITIONS TAKEN ON ALL OPEN INCOME TAX RETURNS AND HAS DETERMINED THAT THERE WERE NO POSITIONS TAKEN THAT DO NOT MEET THE "MORE LIKELY THAN NOT" STANDARD. ACCORDINGLY, THERE ARE NO PROVISIONS FOR INCOME TAXES, PENALTIES OR INTEREST RECEIVABLE OR PAYABLE RELATING TO UNCERTAIN INCOME TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 129,500. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 129,500. ONCE IN A BLUE MOON 243798 64611 179187 54794 34234 3500 36972 243798 64611 179187 54794 34234 3500 36972 129500 49687 FORM 990, PART VI, SECTION A, LINE 2 TWO OF OUR DIRECTORS WORK FOR THE SAME LAW FIRM, ONE OF WHOM IS A PARTNER IN THE FIRM AND THE OTHER DIRECTOR IS "OF COUNSEL". FORM 990, PART VI, SECTION B, LINE 11 UPON RECEIPT OF THE FINAL FORM 990 IN ITS ENTIRETY FROM OUR TAX PREPARER, THE FORM 990 IS UPLOADED TO OUR WEBSITE ON A PASSWORD ENCRYPTED WEBPAGE AND CORRESPONDENCE IS SENT TO THE ENTIRE BOARD ABOUT ITS AVAILABILITY FOR THEIR REVIEW. TEN DAYS AFTER FORM 990'S AVAILABILITY FOR BOARD MEMBER REVIEW, THE RETURN IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C STAFF, BOARD MEMBERS AND VOLUNTEERS FILL OUT A FORM DISCLOSING ANY OF THEIR RELATED PARTIES OR POTENTIAL CONFLICTS OF INTEREST AND THAT THEY HAVE A CLEAR UNDERSTANDING OF THE ORGANIZATION'S CONFLICT OF INTEREST POLICY. EACH STAFF MEMBER, BOARD MEMBER AND VOLUNTEER IS EXPECTED TO DISCLOSE EITHER TO THE BOARD CHAIRMAN OR THE PRESIDENT/CEO'S ANY POTENTIAL CONFLICT OF INTEREST, TO ABSTAIN FROM PARTICIPATION IN ANY OF THE LAND TRUST'S DISCUSSIONS, TO ABSTAIN FROM WORKING ON THE TRANSACTION AND FROM VOTING ON THE TRANSACTION OR PROJECT GIVING RISE TO SUCH CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 ON AN ANNUAL BASIS, OUR PROCESS IS FOR EMPLOYEES TO BE FORMALLY REVIEWED AFTER THE END OF EACH FISCAL YEAR BY THEIR SUPERVISOR. THE PRESIDENT/CEO'S COMPENSATION IS REVIEWED ANNUALLY BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. THE REVIEW USES THE LATEST SALARY AND BENEFIT INFORMATION SURVEY CONDUCTED BY THE INDUSTRY, THE LAND TRUST ALLIANCE. ANY FURTHER INFORMATION IS PROVIDED TO THE EXECUTIVE COMMITTEE AS REQUESTED. FORM 990, PART VI, SECTION C, LINE 19 OUR GOVERNING DOCUMENT IS REFERRED TO AS OUR STANDARDS AND PRACTICES WHICH CONTAINS ALL OF OUR GOVERNING DOCUMENTS INCLUDING THE CONFLICT OF INTEREST POLICY. THIS DOCUMENT ALONG WITH OUR FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. IN ADDITION WE ARE MEMBERS OF THE COMMUNITY FOUNDATION OF MIDDLE TENNESSEE'S GIVING MATTERS WHERE OUR ONLINE PROFILE IS AVAILABLE TO ANYONE. IT INCLUDES DETAILED INFORMATION ABOUT OUR ORGANIZATION INCLUDING A LIST OF OUR BOARD MEMBERS AND OUR FINANCIAL INFORMATION. FORM 990, PART XII, LINE 2 THE ORGANIZATION'S OVERSIGHT PROCESS AND SELECTION PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.