2014-11-05T13:33:47-06:00 2014-03-31 620713250 KRAFTCPAS PLLC 555 GREAT CIRCLE ROAD NASHVILLE TN 37228 990 2013-04-01 621770549 THE LAND TRUST FOR TENNESSEE INC LAND 6152445263 209 10TH AVENUE SOUTH NO 327 NASHVILLE TN 37203 JEAN C NELSON PRESIDENT & EXECUTIVE DIRECTOR 6152445263 2014-11-05 1 FRANCES E LEAHY P00713593 6152427351 2014-11-05 2013 2015-11-30 17:44:51Z X JEAN C NELSON 209 10TH AVENUE SOUTH NO 327 NASHVILLE TN 37203 8636645 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. 34 34 31 150 0 0 2237340 3492363 0 0 41535 73266 60830 66626 2339705 3632255 0 0 0 0 959838 1032200 0 0 354222 1238850 1020604 2198688 2052804 141017 1579451 20216212 17931664 4042763 53992 16173449 17877672 X TO PRESERVE THE UNIQUE CHARACTER OF TENNESSEE'S NATURAL AND HISTORIC LANDSCAPES AND SITES FOR FUTURE GENERATIONS. 0 0 1624572 0 DURING FY14, IN FURTHERANCE OF OUR MISSION, THE LAND TRUST PROTECTED 4,596 ACRES OF LAND THROUGHOUT TENNESSEE THROUGH 27 INDIVIDUAL PROJECTS IN 20 COUNTIES. PROTECTED LANDS INCLUDED WORKING FARMS AND FORESTS, RECREATIONAL LANDS- BOTH PRIVATE AND PUBLIC, SCENIC VIEWSHEDS, WILDLIFE HABITAT AND LANDS WITH ECOLOGICAL SIGNIFICANCE, 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 279, PROTECTING OVER 88,000 ACRES OF LAND THROUGHOUT TENNESSEE, INCLUDING 252 CONSERVATION EASEMENTS OF 68,264 ACRES. - IN FY14, THE LAND TRUST FOR TENNESSEE PROTECTED 4,596 ACRES THROUGH 27 INDIVIDUAL PROJECTS IN 20 COUNTIES THROUGHOUT TENNESSEE. HIGHLIGHTS INCLUDE:- ONE FARM IN LEIPERS FORK WAS PROTECTED CLOSE TO WHERE OUR WORK BEGAN IN 1999. - FIVE PROPERTIES WERE PROTECTED THAT BUFFER OR CREATE IMPORTANT PUBLIC LANDS: *16 ACRES IN FENTRESS COUNTY THAT CONNECT POGUE CREEK STATE NATURAL AREA TO PICKETT STATE PARK; *120 ACRES IN CUMBERLAND COUNTY THAT CONNECT THE CUMBERLAND TRAIL FROM BLACK MOUNTAIN TO OZONE FALLS STATE NATURAL AREA; *25 ACRES IN GRUNDY COUNTY THAT ADD OVER 4 MILES TO THE MOUNTAIN GOAT TRAIL; *23 CRITICAL ACRES IN A SECOND PHASE OF LINKING RADNOR LAKE STATE NATURAL AREA IN DAVIDSON COUNTY; *93 ACRES IN RHEA COUNTY THAT HAVE BEEN INCORPORATED INTO THE CUMBERLAND TRAIL SYSTEM.-OVER 900 ACRES OF WORKING FARMLAND WERE PROTECTED IN ROBERTSON COUNTY, HOME TO SOME OF THE HIGHEST PERCENTAGES OF PRIME AGRICULTURAL SOILS IN THE STATE.-MORE THAN 737 ACRES OF FORESTLAND WERE PROTECTED RANGING FROM THE DUCK RIVER TO EAST TENNESSEE.-THREE PROPERTIES IN THE SCENIC SEQUATCHIE VALLEY THAT CONTAIN OVER 2.5 MILES OF THE SEQUATCHIE RIVER AND OVER 800 ACRES OF SOME OF THE MOST PRODUCTIVE SOILS IN THE STATE. -587 ACRES OF FOREST AND WETLANDS WEST IN TENNESSEE IN THE HATCHIE RIVER WATERSHED.-PROTECTED WORKING FARMS IN SUMNER, ROBERTSON, BLEDSOE, SEQUATCHIE, WILLIAMSON, MONTGOMERY AND JEFFERSON COUNTIES.-OUR FIRST PROJECT IN COFFEE COUNTY PROTECTING 275 ACRES OF FARMLAND THAT CREATE THE HEADWATERS TO NORMANDY LAKE.-90 ACRES IN MEIGS COUNTY ADJOINING TWRAS HIWASSEE REFUGE WHERE TENS OF THOUSANDS OF SANDHILL CRANES CONVERGE FOR THEIR WINTER MIGRATION PERIOD.-AT OUR GLEN LEVEN FARM, YEARS OF HARD WORK AND DEDICATION WERE REALIZED WHEN WE COMPLETED THE STABILIZATION OF THE HISTORIC HOME, ENSURING ITS LASTING CONSERVATION FOR FUTURE GENERATIONS. HIGHLIGHTS INCLUDE: *WORKING WITH EDUCATION PROFESSIONALS, OUR STAFF CREATED LESSON PLANS (BASED ON TENNESSEE STATE CURRICULUM STANDARDS) FOR TEACHERS TO CONNECT THEIR STUDENTS TO ALL THERE IS TO LEARN AND EXPERIENCE AT GLEN LEVEN FARM. WITH THIS CAME THE IMPLEMENTATION OF A SUCCESSFUL KINDERGARTEN-4TH GRADE FIELD TRIP PROGRAM IN THE FALL. *VISITORS YOUNG AND OLD CAN NOW EXPERIENCE OUR EDUCATION GARDEN FILLED WITH NATIVE TENNESSEE PLANTS AND CROPS THAT SERVES AS AN OUTDOOR CLASSROOM AND LEARNING LABORATORY; -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 STATES 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 40 SPEAKING ENGAGEMENTS AND EVENTS AROUND THE STATE, REACHING OVER 5,000 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 300 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. 1624572 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 1 1 0 0 0 0 0 0 0 1 41 0 1 31 1 0 0 0 0 0 1 1 0 0 X 34 34 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 TN X X JEAN C NELSON 6152445263 209 10TH AVENUE SOUTH 327 NASHVILLE TN 37203 BRAD SOUTHERN DIRECTOR 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 GREG VITAL DIRECTOR 1.00 X 0 0 0 LYNN LASSITER KENDRICK DIRECTOR 1.00 X 0 0 0 MARY BROCKMAN 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 RIDLEY WILLS II DIRECTOR 1.00 X 0 0 0 ROBERT JOHNSTON DIRECTOR 1.00 X 0 0 0 STEVEN MASON 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 WILLIAM COBLE 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 OPHELIA PAINE DIRECTOR 1.00 X 0 0 0 KAY S SIMMONS DIRECTOR 1.00 X 0 0 0 SALLY HUSTON DIRECTOR 1.00 X 0 0 0 MARY ELLEN RODGERS DIRECTOR 2.00 X 0 0 0 ESLICK DANIEL IMMEDIATE PAST CHAIR 1.00 X X 0 0 0 MICHELLE HAYNES VICE CHAIR OF LAND PROTECT 2.00 X X 0 0 0 SAM BELK TREASURER 2.00 X X 0 0 0 DOUG CRUICKSHANKS SECRETARY 1.00 X X 0 0 0 ROBERT S BRANDT CHAIR OF LAND PROTECTION C 2.00 X X 0 0 0 JENNIE RENWICK COMMUNICATIONS 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 108557 0 12294 108557 0 12294 1 0 0 0 0 71916 3420447 165816 3492363 54676 54676 640734 4260838 622144 4260838 18590 0 18590 18590 188034 71916 121408 66626 66626 3632255 0 0 139892 122294 85606 12229 24459 774702 589775 24194 160733 15491 11664 629 3198 51077 38458 2074 10545 68636 51679 2787 14170 62492 62492 22418 14500 2890 5028 15520 8938 4853 1729 53334 41077 4459 7798 96027 67088 10745 18194 18592 17114 549 929 51181 43467 2864 4850 TRANSACTION ASSISTANCE 282566 282566 0 0 EASEMENT & LAND ACQUISI 136243 136243 0 0 CONTRACT LABOR 71983 0 0 71983 COMPUTER EXPENSE 38603 31767 2534 4302 171645 142138 3203 26304 2052804 1624572 74010 354222 6725254 4638029 411810 442928 153371 140865 25378 22412 9779931 106303 12895979 9673628 3009382 4420 4420 20216212 17931664 169443 49572 3868900 0 4420 4420 4042763 53992 X 8962816 9641740 7210633 8235932 16173449 17877672 20216212 17931664 1579451 124772 0 X X 0 1 X 1 0 X 1690433 2654514 3596229 2237340 3492363 13670879 1690433 2654514 3596229 2237340 3492363 13670879 1186191 12484688 5628 20686 13755 27535 54676 122280 13793159 1911467 0.90510 0.88110 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1 0 0 0 0 1 1467 0 0 1467 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 252 68264.00 0 0 2 1 1 1637.00 71769 1 4997181 175835 73564 78323 5168257 4493954 482647 20580 4997181 1984910 2503450 5594 4493954 871824 1101530 11556 1984910 705024 164370 2430 871824 1.00000 0 0 9628370 9628370 151561 106303 45258 9673628 INVESTMENTS WITH DONOR RESTRICTIONS 960969 C INVESTMENTS WITH BOARD DESIGNATIONS 2048413 C 3009382 FUNDS HELD ON BEHALF OF OTHERS 4420 4420 X 3889461 124772 79756 121408 325936 3563525 68730 68730 3632255 2185238 79756 121408 201164 1984074 68730 68730 2052804 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 CONSERVATION TRACK 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 IN CONSERVATION TRACK'S LIBRARY. 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, SHOULD IMMEDIATELY INFORM THE EXECUTIVE DIRECTOR 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 SHOULD BE PERFORMED BY THE STEWARDSHIP MANAGER, LAND PROTECTION DIRECTOR, EXECUTIVE DIRECTOR, 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 MAY DISCUSS POTENTIAL RESOLUTIONS WITH THE STEWARDSHIP OR LAND PROTECTION COMMITTEE 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 IS SENT TO THE LANDOWNER REITERATING ORAL EXPLANATIONS, REQUESTS AND THE COMPLIANCE DEADLINE. ALL CORRESPONDENCE RELATED TO A SUSPECTED VIOLATION SHOULD 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 EXECUTIVE DIRECTOR DELEGEE. IF THE VIOLATION HAS BEEN CORRECTED, THEN LTTN SENDS 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 SHOULD BE COPIED ON THIS LETTER AS WELL. 9.ON THE SECOND DEADLINE DATE, THE STEWARDSHIP MANAGER OR EXECUTIVE DIRECTOR 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 ARE 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 MAY 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 EXECUTIVE DIRECTOR 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 MAY 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: THE INTENDED USES OF THE ORGANIZATION'S ENDOWMENT FUNDS ARE FOR SEVERAL PURPOSES. THE STEWARDSHIP FUND ENSURES THE COMPLIANCE OF THE TERMS AND CONDITIONS OF THE CONSERVATION EASEMENTS THE ORGANIZATION HOLDS. THE REMAINING FUNDS ARE DESIGNATED BY THE BOARD TO BE USED AS AN OPERATING RESERVE, A WORKING CAPITAL FUND, REVOLVING FUND TO ASSIST WITH THE ACQUISITION OF LAND OVER SHORT PERIODS AND BOARD RESERVE FUND TO GENERATE REVENUE AND CAPITAL GROWTH. PART II, LINE 3: TRANSFER OF EASEMENT: THE LAND TRUST TRANSFERRED A CONSERVATION EASEMENT ON THE 3,282 ACRE FIERY GIZZARD EASEMENT PROTECTED PROPERTY. THIS TRANSFER WAS PART OF THE NATIONAL FOREST LEGACY PROGRAM TO PERMANENTLY PROTECT FORESTS THAT ARE THREATENED BY CONVERSION TO NON-FOREST USES. THE STATE OF TENNESSEE OWNS THE ADJACENT GRUNDY COUNTY FOREST SMA AND MANAGES THE FIERY GIZZARD HIKING TRAIL WHICH OVERLOOKS THIS EASEMENT PROPERTY. THE AMENDMENT ON HARLINSDALE FARM, WHICH WAS EXECUTED ON 03/06/2014, WAS A JOINT DECISION BETWEEN THE GRANTOR (THE CITY OF FRANKLIN) AND THE GRANTEE (THE LAND TRUST FOR TENNESSEE) IN ORDER TO CLARIFY WHAT TYPES OF ACTIVITIES, SPECIFICALLY COMMUNITY EVENTS AND OTHER SIMILAR TYPES OF ACTIVITIES, WERE PERMITTED ON THE PROPERTY (A PUBLIC PARK). THE AMENDEMENT STRENGTHENS THE CONSERVATION EASEMENT BY RESTRICTING CERTAIN HIGH-IMPACT ACTIVITIES THAT COULD HAVE A NEGATIVE IMPACT ON THE CONSERVATION VALUES OF THE PROPERTY AND THE USES OF THE PROPERTY AS A PASSIVE PUBLIC PARK. CONSERVATION VALUES OF THIS PROPERTY INCLUDE AGRICULTURAL, SCENIC, HISTORIC, ECOLOGICAL AND EDUCATIONAL, AND BY AMENDING THE EASEMENT AND CLARIFYING THE USES, THESE CONSERVATION VALUES WILL BE BETTER PROTECTED. 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 121,408. PART XI, LINE 4B - OTHER ADJUSTMENTS: DIRECT DONOR BENEFITS 68,730. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 121,408. PART XII, LINE 4B - OTHER ADJUSTMENTS: DIRECT DONOR BENEFITS 68,730. ONCE IN A BLUE MOON 228945 61916 167029 51228 2750 49115 SOUTHEAST SUMMERTIME SOCIAL 31005 10000 21005 7220 200 10895 259950 71916 188034 58448 2950 60010 121408 66626 X 1 154900 FMV X ALCOHOLIC BEV 3 10916 COST OF ITEM 0 1 0 FORM 990, PART VI, SECTION A, LINE 2 TWO OF OUR DIRECTORS WORK FOR THE SAME LAW FIRM, ONE OF WHICH 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 EXECUTIVE DIRECTOR ANY EXISTENCE OF 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 EXECUTIVE DIRECTOR'S (ED) 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.