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TLC - The Land Conservancy


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#201 Bingo

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Posted 03 November 2016 - 09:21 AM

 I'm very irritated with the TLC having given them some solid donations. So much promise....

 

Many people gave TLC donations, but those donations dried up after the recession, along with peoples investment income.

We are still in recovery mode, and it's time to move on. 



#202 Jill

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Posted 03 November 2016 - 09:35 AM

No doubt the recession has had an effect, but some donors no longer support TLC because of the way it's been managed.


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#203 Bingo

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Posted 03 November 2016 - 09:48 AM

No doubt the recession has had an effect, but some donors no longer support TLC because of the way it's been managed.

 

The people that managed TLC when they became over extended are gone and they run a bare bones operation now.

If it hadn't been for the leadership of John Shields during the restructuring period, the situation could have been worse.

Fortunately volunteers kept things maintained at the various sites, and donations are returning.



#204 dasmo

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Posted 03 November 2016 - 10:01 AM

The people that managed TLC when they became over extended are gone and they run a bare bones operation now.

If it hadn't been for the leadership of John Shields during the restructuring period, the situation could have been worse.

Fortunately volunteers kept things maintained at the various sites, and donations are returning.

True,  have to look forward again. I would agree with this and can understand how they might have gotten in over their heads. It's always easy to judge after the fact from the outside and frankly I'm not familiar with the facts of the management stumbling. I gave to support Wildwood, Sandcut Beach and the Sooke Potholes in particular. Really, now that I think about it they have still succeeded in protecting these spots. 



#205 Bingo

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Posted 03 November 2016 - 10:17 AM

True,  have to look forward again. I would agree with this and can understand how they might have gotten in over their heads. It's always easy to judge after the fact from the outside and frankly I'm not familiar with the facts of the management stumbling. I gave to support Wildwood, Sandcut Beach and the Sooke Potholes in particular. Really, now that I think about it they have still succeeded in protecting these spots. 

 

I am not judging after the fact and from the outside.

Many of the sites are still protected.

 

Here is what Cathy Armstrong, executive director of The Land Conservancy, had to say;

 

To date, TLC has transferred 38 properties. The last remaining transfers include Kogawa House, six per cent undivided interest in Maltby Lake, densities zoned on Abkhazi Garden and Wildwood Ecoforest. One of these upcoming property transfers has recently been making headlines: TLC’s sale of Wildwood Ecoforest to local ecoforester Mark Randen.

For close to three years, TLC has been considering the transfer of Wildwood and has identified two potential buyers.

One was the Ecoforestry Institute Society and one was Randen.

Wildwood was not placed on the open market; rather, as in other transactions, TLC worked to identify suitable candidates in order to preserve conservation values of any property transfer.

TLC accepted an offer to purchase from EIS in November 2015 and set a court date for approval. EIS withdrew days before the court date.

TLC worked with EIS to create a new offer, which was accepted, and a court date was set for June. Days before the court date, EIS withdrew.

TLC spent $42,000 negotiating these deals with no result.

When scrutinizing two opposing offers in July, the Randen offer was accepted, as it was an all-cash offer, and more important, because it included a conservation covenant and forest-management plan that allowed Wildwood to continue as an active eco-forestry site.

Make no mistake, we have done our due diligence to ensure that the charitable purposes with which TLC protected Wildwood in the first place are maintained:

- See more at: http://www.timescolo...w.LNjL2CpU.dpuf

 



#206 dasmo

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Posted 03 November 2016 - 10:24 AM

I am not judging after the fact and from the outside.

Many of the sites are still protected.

 

I was referring to myself ;-)


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#207 Bingo

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Posted 04 November 2016 - 08:00 AM

Celebrity chimpanzee expert Jane Goodall is joining a battle over the future of a Vancouver Island ecoforest.

In a letter issued by the Jane Goodall Institute, Goodall urged The Land Conservancy of B.C. to reconsider its decision to sell Wildwood to a private owner.

“Selling Wildwood to a private owner, even with a covenant to protect it, is not what the Wilkinsons wanted,” Goodall says in the letter.

 

The Victoria-based Land Conservancy has accepted an offer from Mark Randen, who worked with Wilkinson for 10 years.

Randen would pay $625,000 to the society, which would go toward creditor debt.

The agreement would also include $100,000 in creditor forgiveness.

- See more at: http://www.timescolo...h.ZWBFLPDd.dpuf

 

 



#208 nerka

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Posted 04 November 2016 - 09:50 AM

No doubt the recession has had an effect, but some donors no longer support TLC because of the way it's been managed.

 

One of the things that really rankles me about the TLC is that a group of directors on the board including Colin Gabelmann issued an early warning that the organization was heading for the reefs. The folks that raised the alarm were pilloried by key folks in TLC and no action was taken until it was too late.

 

Ironically the key player in driving TLC into the ground is now back with a new trust http://ntlc.ca/?page_id=515


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#209 Bingo

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Posted 07 November 2016 - 06:51 PM

The fall edition of the Landmark is online.

 

Creditor Process Wrap Up

By Dianna Stenberg Communications & IT Manager

 

With the Supreme Court of B.C. approval of the transfer of the Historic Joy Kogawa House, TLC is nearing the end of the Companies’ Creditors Arrangement Act (CCAA) process.

On October 28th the Court sanctioned the sale of Joy Kogawa’s childhood home to the City of Vancouver for $634,000. The transfer closed on November 1st.

The City will be entering into a lease agreement with the Historic Joy Kogawa House Society to manage the site and provide programming including literary events and the Writers-in-Residence Program for visiting authors.

“The Kogawa board supports the transfer of the Historic Joy Kogawa House from TLC to the City of Vancouver,” said AnnMarie Metten, Executive Director of the Historic Joy Kogawa House Society.

The remaining three transactions in TLC’s Plan of Arrangement are the transfer of Wildwood Ecoforest, 6% undivided interest in Maltby Lake and the densities zoned on Abkhazi Garden.

TLC has scheduled a creditor meeting for early December to seek their final approval on the revised Plan of Arrangement and the organization’s exiting of CCAA.

With a favourable vote at the meeting, TLC may be exiting the creditor protection process before the New Year. 

more;   http://conservancy.b...ndmark-is-here/

 

 



#210 Jill

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Posted 08 November 2016 - 03:33 AM

Who would have thought back when TLC first began that one day the only way to save these special places forever, for everyone, would be to save them FROM the TLC?


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#211 Bingo

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Posted 12 November 2016 - 06:51 AM

The Land Conservancy of B.C. will be seeking approval for a plan to bring more than three years of creditor protection to an end.

If creditors support the proposal on Dec. 2, it will go to the Supreme Court of B.C. for a final decision.

Court-appointed monitor Wolrige Mahon said in a report to the court that the proposal is “fair and reasonable.”

Two votes — one for secured creditors and one for unsecured creditors — will be held at the Sandman Inn, 2852 Douglas St. A secured creditor is a lender that has access to an asset if the money is not repaid.

The Land Conservancy once owned 46 properties around B.C., representing historic and ecologically sensitive sites.

The organization plans to hold onto seven properties with a book value of $7.4 million:

Abkhazi Garden in Victoria

• Madrona Farm in Saanich

• Second Lake in Highlands

• Kurta/Clearwater near Wells Gray Provincial Park

• Todd Road near Kamloops, south of the South Thompson River

• Fort Shepherd, south of Trail

• Nimpo Lake, 300 kilometres west of Williams Lake in the Chilcotin region

Of those, six have some sort of limitation on the organization’s ability to sell them.

They could also receive more money through a plan for a zoning bonus density swap.

That proposal would see Victoria developer Chris Le Fevre pay $250,000 to The Land Conservancy for the density allowed at Abhkazi Garden, which has zoning that would allow townhouses on the site.

Le Fevre would transfer that density to another project. Abhkazi Garden would remain in its current state.

Abhkazi Garden is considered its flagship property and is a revenue generator.

http://vibrantvictor...1?hl= the land

 

 



#212 todd

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Posted 12 November 2016 - 05:57 PM

 

 

          it's time to move on. 

 

 

 

Name change may help.



#213 Jill

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Posted 13 November 2016 - 05:38 AM

http://www.timescolo...ction-1.2666591

 

"The group’s financial troubles came to a head as it embarked on an enthusiastic purchasing program by relying on mortgages to buy land, a practice that is not common among Canadian land trusts. By 2010, it had 26 mortgages on 15 properties.

 

Money woes mounted as unhappy members charged that funds earmarked for one cause would be used for another. Money ran out. Donations dropped. Taxes were late, and the Canada Revenue Agency froze accounts. Staff were asked to defer salaries. Board members quit. Last-ditch fundraising appeals were heard. Bitter feuds broke out over money and management."



#214 Bingo

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Posted 16 November 2016 - 11:40 AM

The sale of a portion of land at Maltby Lake in Saanich has been approved and will provide $260,000 toward paying secured creditors of The Land Conservancy of B.C.

The transaction represents The Land Conservancy’s six per cent ownership in the property.

Half goes to the Friends of Maltby Lake Watershed Society, with the other half going to Carmel and Woody Thomson.

The sale is scheduled to close on Friday. - See more at: http://www.timescolo...h.HOoLgxtm.dpuf

 



#215 Bingo

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Posted 23 November 2016 - 06:01 AM

The Ecoforestry Institute Society has succeeded in its bid to buy the Wildwood ecoforest near Cedar thanks to a last-minute fundraising blitz.

The possession date for the 77-acre property is Dec. 20, spokeswoman Kathy Code said Tuesday.

The B.C. Supreme Court decided Tuesday to approve the society’s bid for the well-known site, which has served as a model of sustainable forestry since Merv Wilkinson started working the property in 1938.

Wildwood’s owner, the non-profit Land Conservancy of B.C., decided to sell Wildwood, which it has owned since 2000.

It initially supported a private bid from Mark Randen, an apprentice of Wilkinson, although its board subsequently endorsed the society’s bid.

The Ecoforestry Society has managed Wildwood since 2001. It had scrambled to raise money to buy the property, but failed to raise enough by previous court dates.

Its latest fundraising campaign saw it bring in an additional $250,000 in six days, Code said.

A benefactor who matched and tripled donations and chipped in additional money was a major asset.

http://www.timescolo...inner-1.3101189



#216 Bingo

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Posted 03 December 2016 - 06:19 AM

A milestone was reached Friday by the Land Conservancy of B.C. when creditors voted in favour of a plan that would clear off its debts and allow it to survive.

“I can not tell you how relieved I am — 10 years of my life,” said Briony Penn, board member and former chairwoman of the board.

It had owned 46 properties. Many were transferred to land trusts and sold to societies supporting a specific property.

In the end, the group plans to own seven sites, including Abkhazi Garden in Victoria, Second Lake in the Highlands and Madrona Farm in Saanich.

- See more at: http://www.timescolo...h.i2S5qjjL.dpuf

 



#217 Jill

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Posted 03 December 2016 - 11:54 AM

It looks like six paid employees and a payroll of close to $300,000. Will staff be reduced once TLC is down to just seven properties?



#218 spanky123

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Posted 03 December 2016 - 01:24 PM

It looks like six paid employees and a payroll of close to $300,000. Will staff be reduced once TLC is down to just seven properties?

 

I would be willing to take bets!



#219 Bingo

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Posted 23 December 2016 - 01:24 PM

VICTORIA - Four properties have been added to British Columbia's collection of environmentally sensitive lands.

They include a 64-hectare parcel of fish and wildlife habitat along the Fraser River near McBride, and 63 hectares of low-lying wetland in the same area southeast of Prince George.

Smaller parcels include 3.2 hectares of forest in Ruckle Provincial Park on Salt Spring Island and just over half a hectare containing a bird sanctuary, hiking trails, wetland and shoreline habitat near Cranbrook.

The parcels were offered to the province in exchange for a cash contribution to repay creditors of the Land Conservancy.

The Environment Ministry says in a news release that the latest additions add to four other properties acquired through a 14-month-old, $1-million program to preserve and protect conservation lands around B.C.

Those lands include two properties along the Cowichan River on Vancouver Island, one on the Similkameen River in the South Okanagan and a 35-hectare section known as the Woods Family property near Castlegar.

 



#220 VicHockeyFan

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Posted 06 March 2017 - 09:56 PM

http://www.timescolo...tion-1.11115062

 

The Land Conservancy of B.C. has climbed out of creditor protection and is standing on its own financial feet after more than three years.

 

A certificate of completion has been issued by the Supreme Court of B.C., putting an end to the lengthy job of dealing with a crippling financial mess.

 

The 20-year-old Victoria-based, non-profit organization has sold and transferred properties and seen loans forgiven by supporters to achieve its goal.

 

- See more at: http://www.timescolo...h.EzONa296.dpuf


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