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HomeMy WebLinkAbout111411_ca03 ,. .~ ~ -c Consent Agenda ~ON --., - i~~tO~, JEFFERSON COUNTY PUBLIC HEALTH ,~~# 615 Sheridan Street. Port Townsend' Washington' 98368 IN www.jeffersoncountypubllchealth.org October 7, 2011 JEFFERSON COUNTY BOARD OF COUNTY COMMISSIONERS AGENDA REQUEST TO: Board of County Commissioners Phillip Morley, County Administrator FROM: Stuart Whitford, Environmental Health Director Taml Pokorny, Environmental Health Specialist DATE: NOVEJn0E.12.. ('t, d..t!> J { SUBJECT: Agenda Request: Conservation Futures Project Agreement with Jefferson Land Trust for the Winona Basin - Bloedel Project; June 27,2011- June 27, 2014; $42,700 STATEMENT OF ISSUE: On June 27, 2011, the BoCC granted an award from the Conservation Futures Fund to the WInona Basin - Bloedel Project (Resolution No. 27-11). Staff requests approval of an agreement with the sponsor, the Jefferson Land Trust (JL 1'), regarding the Implementation of this project. ANAL YSIS/STRATEGIC GOALS: Resolution 27-11 authorizes the use of up to $42,100 In conservation futures funds for acquisition expenses and $600 to reimburse operations and maintenance activities (a total of $42,700). In the application for funding, the sponsor committed to a matchIng contribution of 58% ($58,100). The match Is to consIst of a total of $16,000 cash and $42,100 In unused ("banked'') land value from a nearby property donated Initially as match for the 2009 Qulmper WIldlife Corridor Project (see JCC 3.08.030(5)d). The WInona Basin - Bloedel project seeks to add seven lots to the Qulmper WIldlife Corridor. TItle to the property would be held by the Oty of Port Townsend. The WInona Basin area has a high diversity of habitat and wildlife species and Is considered a key element in the Corridor's system of wetlands, forests and floodplaIns across the Qulmper Peninsula. FISCAL IMPACT: The explicit purpase of the Conservation Futures Program Is to fund. acquisition projects to support a system of public open spaces. There Is no Impact to the General Fund for this effort. COMMUNnY HEALTH DEVELOPMENTAL DISABILITIES MAIN: (360) 385-9400 FAX: (360) 385-9401 PUBLIC HEALTH AlWAYS WORKING FOR A SAFER AND HWTHIER COMMUNITY ENVIRONMENTAL HEALTH WATER QUALITY MAIN: (360) 385-9444 FAX: (360) 379-4487 ,,_ .ft, Consent Agenda RECOMMENDATION: JCPH Management recommends that the BOCC approve the project agreement for the WInona Basin - Bloedel Projecti June 27, 2011- June 27, 2014i $42,700 IOft9~ Date JEFFERSON COUNTY CONSERVATION FUTURES PROGRAM PROJECT AGREEMENT Project Sponsor: Jefferson Land Trust Project Title: Winona Basin - Bloedel Project Project Number: 2011JLTWin Approval: Resolution No. 27-11 on June 27, 2011 A. Parties to the Agreement This Project Grant Agreement (Agreement) is entered into between County of Jefferson (County), PO Box 1220, Port Townsend, Washington 98368 and Jefferson Land Trust (Sponsor), 1033 Lawrence Street, Port Townsend, W A 98368, and shall be binding upon the agents and all persons acting by or through the parties. B. Purpose of the Agreement This Agreement sets out the terms and conditions by which a grant is made through the Jefferson County Conservation Futures Fund. The grant is administered by Jefferson County Environmental Health for the Sponsor for the project named above. C. Description of Project The subject Project is described in the attached 2011 Conservation Project Application for the Winona Basin - Bloedel Project. Conservation Futures Fund ("CFF') from Jefferson County in an amount not to exceed $42, I 00 will be used towards fee simple acquisition of the real property known in the records of the Jefferson County Assessor as APN 951-902-402 and $600 to reimburse for operations and maintenance expenses incurred before June 27, 2021. D. Term of Agreement The Project Sponsor's on-going obligation for the above project funded by this Agreement is to provide maintenance of the site or facility to serve the purpose for which it was intended in perpetuity unless otherwise identified in this Agreement. E. Period of Performance The Project reimbursement period for acquisition expenses shall begin on June 27,2011. The Project reimbursement period for acquisition expenses will end on June 27, 2014 unless proof of match is provided prior to this date. No expenditure made before June 27, 2011 is eligible for reimbursement unless incorporated by written amendment into this Agreement. F. Project Funding The total grant award provided by the Conservation Futures Fund (CFF) for the Project shall not exceed $42,700 and Jefferson County CFF shall not pay any amount beyond that approved herein for funding of the Project. The Sponsor shall be respOnsible for all total costs for the Project that exceeds $100,800. In no event will the CFF funds expended for this purchase exceed forty-two percent (42%) of the overall acquisition cost of APN 951-902-402. This Project is eligible for reimbursement of capital project and operations and maintenance expenditures as described in the Jefferson County Conservation Futures Program Manual for the 2011 FUIlding Cycle. The contribution by the Sponsor toward work on the Project at a minimum shall be as indicated below. The contribution by the County toward work on the Project is described immediately above and in "COO above. 1 , Acquisition Percentage Dollar Amount Conservation Futures - Winona Basin - Bloedel 42% $42,100 $57,500 Project Sponsor 58% (42,100 banked land value + . $15,400 cash) Total Project Contribution Cost 100% $99,600 Operations and Maiutenance Percentage DoIiar Amount Conservation Futures - Winona Basin - Bloedel 50% $600 Project Sponsor 50% $600 Total Operations and Maintenance Cost 100% $1,200 G. Unexpended Project AIioeations Should unexpected Project allocations, including, but not limited to project completion at less than the estimated cost or, alternatively, the abandonment of the Project occur, then the Sponsor shall notify the County. H. Rights and Obligations Ail rights and obligations of the parties to this Agreement are subject to this Agreement and its attachments, including the Sponsor's Application and Jefferson County Conservation Futures Program Manual for the 201 I Funding Cycle, all of which are attached hereto and incorporated herein. Except as provided herein, no alteration of any of the terms or conditions of this Agreement will be effective unless provided in writing. All such alterations, except those concerning the period of performance, must be signed by both parties. Period of performance extensions need only be signed by Jefferson Board of County Commissioners. L Indemnification Sponsor shall indemnifY, defend and hold harmless the County, its officers, agents and employees, from and against any and ail claims, losses or liability, or any portion thereof, including attorneys fees and costs, arising from injury or death to persons, including injuries, sickness, disease or death to Sponsor's own employees, or damage to property occasioned by a negligent act, omission or failure of the Sponsor. J. Insurance The Sponsor shall secure and maintain in force throughout the duration of this contract: I. Worker's compensation and employer's liability insurance as required by the State of Washington. 2. Comprehensive general liability insurance with a minimum coverage of $1,000,000 per occurrence and $2,000,000 aggregate in connection with the Sponsor's performance of this Agreement. 3. Commercial Antomobile Liability Insurance providing bodily injury and property damage liability converge for all owned and non owned vehicles assigned to or used in the performance of the work for a combined single limit of not less than $500,000 each occurrence. 4. Sponsor shall provide all required proofs of insurance to the County in care of, Contracts Manager at Jefferson County Public Health, 615 Sheridan St. Port Townsend, W A 98368 prior to fee simple acquisition of APN 951-902-402. 2 K. Ownership and Use ofDocumeuts All documents, drawings, specifications and other materials produced by the Sponsor in connection with the services rendered under this agreement shall be the property of the Sponsor whether the project for which they are made is executed or not The County shall be permitted to retain copies, including reproducible copies, of drawings and specifications for information, reference, and use in connection with the Sponsor's endeavors. L. Compliance with Applicable Statutes, Rules, and Jefferson County Policies This Agreement is governed by, and the Sponsor shall comply with, all applicable state and federal laws and regulations, including RCW 84.34.210, and published agency policies, which are incorporated herein by this reference as if fully set forth. M. Sponsor's Accounting Books and Records The Sponsor shall maintain complete financial records relating to this contract and the services rendered including all books, records, documents, receipts, invoices, and all other evidence of accounting procedures and practices which sufficiently and properly reflect all direct and indirect cost of any nature expended in the performance of this contract. The Sponsor's records and accounts pertaining to this agreement are to be kept available for inspection by representatives of the County and state for a period of six (6) years after the date of the final payment to Sponsor. Copies shall be made available upon request. N. Licensing, Accreditation and Registration The Sponsor shall comply with all applicable local, state and federa1licensing, accreditation, permitting, and registration requirement/standards necessary for the performance of this contract. O. Disputes Except as otherwise provided in this contract, when a bona fide dispute arises between Jefferson County and the Sponsor and it cannot be resolved, either party may request a dispute hearing with a mediator assigoed by or associated with Jefferson County District Court Either party's request for a dispute hearing must be in writing and clearly state: a. the disputed issue(s), . b. the relative positions of the parties, and c. the Sponsor's name, address and Agency contact number These requests must be mailed to the Project Manager, Jefferson County Enviroumental Health Department, 615 Sheridan St., Port Townsend, WA 98368, within fifteen (15) days after either party received notice of the disputed issue(s). The parties agree that this dispute process shall precede any action in a judicial or quasi-judicial tribunal. The parties will split evenly the cost of mediation or whatever form of dispute resolution is used. P. Termination for funding Jefferson County may unilaterally terminate this contract in the event funding from state, federal, or other sources are withdrawn, reduced, or limited in any way after the effective date of this contract. Q. Termination for Convenience The County reserves the right to terminate this agreement at any time by giving ten (10) days written notice to the Sponsor. R. Assignment The Sponsor shall not sublet or assigo any interest in this Agreement, and shall not transfer any interest in this agreement without the express written consent of the County. 3 S. Non-Waiver. Waiver by the County of any provision of this agreement or any time limitation provided for in this agreement shall not constitnte a waiver of any other provision. T. County Dues Not Assume Additional Duties The County does not assume any obligation or duty, except as required by federal or state law, to determine if Sponsor is complying with all applicable statutes, rules, codes ordinances' or permits. U. Agreemeut Represeutatives . AII written communications sent to the Sponsor under this Agreement wilI be addressed and delivered to: Soonsor Contact Conservation Futures PrOl!l'llIll Contact Sarah Spaeth, Executive Director Jefferson County EnviromnentaI Jefferson Land Trust Health - Conservation Futures 1033 Lawrence S1. 615 Sheridan Street Port Townsend, WA 98368 Port Townsend, WA 98368 These addresses shall be effective until receipt by one party from the other of a written notice of any change. V. Eutire Agreemeut/Severability This agreement, along with all attachments, constitutes the entire agreement of the parties. No other understandings, oral or otherwise, regarding this Agreement shalI exist or bind any of the parties. If any part of this Agreement is ruled or adjudicated to be unlawful or void, all other sections of this Agreement shalI continue to have filII force and effect. W. Effective Date This agreement, for the Salmon Creek Riparian Acquisition shall be effective upon signing by alI parties. X. Venue: Venue for any litigation arising from this Project Agreement shalI be only in the Superior Court In and for Jefferson County. Each party to this agreement shall be responsible for their litigation costs, including attorney's fees. DATED this day of 2011. By John Austin, Chair Jefferson Board of County Commissioners By C)"'K"-"_~..-\.""",:",, \'(,1\\ Owen Fairblll1k-' Jefferson Land Trust Attested: Elizabeth HaIl, Clerk of the Board }O }Z5 JZo II David Alvarez, ChiefCi' PA 4 Please complete the following application in its entiTety. Unless directed otherwise, use as much Space . as needed to answer each question. Incomplete applications will not be acceptedfor consideration. . . 1. Project Titl~: Winona Basin - BlOedel' 2. Conservation Futures Acquisition Request: $42;100.00 3. Conservation ~es O&M Request: $600.00 4. Please indicate the type of interest contemplated in the acquisition process. X Warranty Deed Easement _ Other (Please describe belowJ' In whose name will the property title be held after acquisition? City of Port Townsend s. AppJieant Information: Name of Applicant or Organization: City of Port Townsend Contact: Rick Sepler Title: Director of Development Services Address: 250 Madison Street; Port Townsend, WA 118368 Phone: (360) 379-5081, eJ'.t. _Fax: (360) 344-4619, eJ'.t. _ . Email: rsepler@cityofplus I i i " 6. Sponsor Information: (if diffirent than applicant) Organization Name: Jeffersen Land Trust Contact: Sarah Spaeth. Titie: ExecutIVe Director Address: 1033 Lawrence Street. Port Townsend. WA 98368 Phone: (3GO) 379-9501, ext 101 Fax: (360) 379-9897 Email: sspaeth@saveland.org This application was approved by the sponsor's legally responsible body (e.g., board, councH, etc.) in public rrieetingon February 15. 2011. http://WWW.eoJefferson.wa.uslcommissionerslConservatiOnleonservation.asp 7. Site Location Street Address or Description of Loeation: Seven lots in Fowler's Park Addition Section of Quimper Wildlife Corridor will be acquired with CFF and community funding. These are adjacent to parcels acquired with 2009 CFF funding that contains banked matc;h value. Driving Directions from Port Townsend: Drive north on San Juan Avenue. Tum left as it joins 49th Street, continue past the county fairgrounds . and tum left on Cook Avenue at the S3rd St and Cook intersection. Properties are located on the east side of Cook Avenue, south of Peary Avenue. Section: 33 Township: 31 N Range: 1W Assessor's Parcel Number(s): 951 902402 8. EXISTING CONDmONS New Site: Yes No X Number ofPaneIs: 7 5OxlOO ft lots Addition to Existing Site: Yes X No . Acres to Be Acquired: approx 1 Total Project Acreage (if different): Current Zoning: vacant land Existing StmetureslFacilities: none Any current covenants, easements or restrictions on land use: none . Current Use: vacant wetland buffer and wildlife habitat, mature forest Waterfront (name of body of water): n&. Shoreline (linear feet): nla Owner TidelandslShorelands: n/a 9. Current Property Owner X is _is not a willing seller. .10. In one-half page or less, provide a summary description of the project. the match, overarching goal, and three top objectives. The City of Port Townsend, Jefferson Land Trust and Jefferson County have been working with the community since the mid 1990's to protect a ribbon of green ac;ross the Quimper Peninsula, connecting a series of wetlands, forests and floodplains that provide habitat for over 200 bird species, amphibians and mammals. The Winona Basin area has high diversity of habitat and wildlife species and qualifies .as a priority habitat under the Washington Department of Fish and Wildlife Priority Habitat arid' Species Program.' Most of this area of the City was platted into. 50 x 100 lots in the 1880's and development pressures in the area are high. Purchase of the floodplain, forest and upland parcels in the Winona Basin will prot6(:t the high quality habitat and further the efforts to connect this area with other important habitat areas that extend from the City into Jefferson County and acr~ the Quimper Peninsula. http://www.coJefferson.wauslcommissioneISlConservation/conservation.asp 3 ThIs project will allow project partners to build on the most recent habitat protection accomplished in 2009 with CFF and community funding. With this current effort we hope to acquire remaining crltfcaJ floodplain and upland habitat in the Winona Basin area that has been identified as TIer II priority in the Quimper Wildlife Corridor concept A landowner of TIer II parcels has been negotiating with JL T for years and the lots available for acquisition for this grant cycle iriclude Lots 11 -17 .in Block 24, Fowler's Park Plat Remaining lots in Block 24 and other adjacent parcels, including Lots 3 - 8. and 23, 24 i11 Block 18 were acquired in 2009by the City of Port rownsend.. Match for this application includes community cash contributions and additional donated land value for lots in Block 18 above the estimated value from the 2009 QWC CFF application that qualifies as match under the CFF Ordiriance, Th.e three top objectives for this project are: 1) Acquire high priority threat!lned properties from the willing seller. 2) Permanently protect the properties as wlld open space. 3) Leverage community funds through Conservation Futures Funding and utilize banked match. from the 2009 QWC Winona Basin proposal. . 11. Estimate the total site acquisition costs below, including the cost for the entire property or property right, even if Conservation Futures funds will only cover a portion of that total cost. iii. the ease of projects involving multiple acquisitions, please breakout appruisals and estimated acquisition costs by parceL Total Estimated Acquisition Cost: $94.600 (includes $52,500 appraised value of lots to be acquired ANI). $42. 1 00 in value of banked land match) Total Estimated Acquisition~related Cost (see EligibilttyChecklist): $5,000 Total Operation. and MaintenanCe Cost: $1,200 Total Project Acquisition Cost: . $99,600 Basis for Esfunat~ (include general deseription of operation and maintenance work to be perfomied, task list with itemized budget, and anticipated schedule for completion of work): An appreisalfor the seven lots to be purchased in 2011 was conducted by Ralph Ericksanof Consultants NW Arbdol, INC on February 25th, 2011. These lots are valued at $52,500. Block 18 lots gifted to the City of Port Townsend in 2009 exceeded the1lstimated value of $40,000 listed In the 2009 CFF application by $49,000 at the time of the gift (total value of $89,000). . Estimated current value of these lots Is $93,500. Operatl9ns.and Maintenance costs include hard Cqsts associated with Jefferson Land Trusfs annual monitoring of the protected property. The estimated time involved is 3 hours of on-slte visit and data update in office on an annual basis in perpetuity. This is in aCcordance with the recommandation by Land Trust Alliance for annual monitoring of properties, since the property would be owned outright and development completely prohibited. For the purposes of O&M budget for this grant, we are only considering 8 years of monitoring. O&M Budget 3 hours@ $50 P.6r hour annually for 8 years = $1,200 JeffersOn Land Trust will. be contributing $500.00 for O&M costs. htlp:llwww.coJefferson.wa.uslcommlssionerslConserwtionlconservation.asp 4 o & M fees would be invoiced on an annual basis up to the allowable amount. 120. Sponsor or other organizations X will _will not contn"bute to acquisition of proposed site. b. If applicable, please descnlle below how contributions from groups or agencies will reduce thenced, to use Conservation Futures 'program f'unds. Jefferson LandTrust will be providing matching dollars to this project. In addition Jefferson Land Trust is requesting use of additional banked match from the 2009 QWC, CFF grant, according to the CFF Ordinance and guidelines. This match comes from the excess value of donated properties that exceeded the values anticipated'ln the 2009 grant application. According to the CFF code for match requirements "other open spaces acquired within the previous two years that is situated either directly adjacent to or could, in the sole discretion of the county, be directly linked to the property under application." Co Matehing Fund Estimate Conservation Futures Funds Requested MatclrlDg FundsIResou.rees Total Project Aequisition Cost Amount Percental!:e $42.100 aell + $600 O&M $42.100 banked land value + 16.000 cash $99.600 + 1.200 O&M 42 % 58 % 100% II. Source of matching Amount of Contribution funds/resources Contribution approved? Banked land value-2009 awe croiect $42.1 00 Yes No JL T cash -aell $15.400 Yes No JLTCash-O&M ~_ Yes No $ Yes NoYes No . NOTE: MatchingjUnds are strongly recommended and a higher rating will be assigned to those projects that can guarantee additional resources for acquisition. Donation of property or a property . right will be considered as a matching resource. Donation of resources for on-going'maintenance or stewardship will not be considered as a match lfnot, Contribution Hnot, when? avaUable now? when? Yes No Spring 2011 Yes No Spring 2011 Spring 2011 Yes No Spring 2011 13o.Sponsoring agenq X is _lsuot prepared to provide long-term stewardship (maintenance, up-keep, etc:.) for the proposed project site. The City and Jefferson Land Trust anticipate a stewardship program of annual monitoring to insure that the properties remain forevar wild, that no building or development has occurred, that no trash has accumulated, and that no noxious weeds have invaded the property: Jefferson Land Trust Staff and trained community volunteers will conduct monitoring, maintenance and restoration efforts and are already monitoring adjacent properties. The Land Trust relies on trained professionals. including habitat biologists. foresters and others as appropriate. http://www.co.jefferson.wa.uslcommlsslonerslConsoirvationlconservation.asp 5 b. Descrille any existing Pl'!lgrams Qr future plans for stewardship of the property, including the nature and extent of the commitment of resources to carry out the stewardship plan. . . The Land Trust will conduct stewardship, monitoring and maintenance of the properties along with the rest of the Quimper Wildlife Corridor according to the Quimper Wildlife Corridor Management Plan (City of Port Town!lend Ordinarice 2976). The Land TruSf$ stewardship program includes annual monitoring (at least) of protecle<l properties and easements, upkeep and maIntenance (trash removal.. signage, invasive plant control) and restoration efforts (tree planting, trail buildIng, etc.) Jefferson Land Trust -currently stewards over 9800 acres in Jefferson County. . Jefferson Land Trust received private foundation funds for development of a docent program and developing a "Friends of the Corridor" group for stewardship ~cllvities. Friends of the Corridor and community volunteers have in the past been involved in Scot-ch broom removal and are available to help with other stewardship activities. 14. Describe the sponsoring agency's previous or on-going stewardship experience. The ~dTrust is the only local organization or agency that. has a monitoring and. stewardship program for.conservation easements and preserved properties, developed with the guidance of The Land Trust Alliance and utilized effectively' for 21 years. 15. Has the sponsor and/or applicant oftbis project.been'involved in other projects pniviously approved for Couservation Futnres funding? a._No, neither the sponsor nor applicant has been involved in a project previously approved for Conservation Futures funds. . b.. X _Yes, the sponsor and/or applicant for this project has been involved in a project previously approved for Coilservation :J!'utnres funds. Please provide details: . . . Jefferson Land Trust has sponsored numerous applications that haverece1ved Conservation Futures funds. These Pl"9Jecls Include: Sunfleld Farm, 2003; Quimper Wddllfe Corridor, 2004; EaSt Tarboo Creek Conservation Project, 2005; Tamanowas Rock Phase 1, 2006; the Winona Buffer Project, 2006; Glendale Farm, 2007, and Finnriver Farm, 2008, Qulmper Wildlife Corridor and Brown Dairy 2009, Tamanowas Rock and Salmon Creek, 2010. 16a. Property X can ~cannot feasibly be acquired in a timely fashion with available resources. b. Necessary commitments and agreements X are ~re not in place. Co All parties X are ~are not in agreement on the cost of acquisition. Jf"not" to any of the above, please explain below.. Landowner Is a willing seller. Matchin9 resources will be available.thls spring' for purchase of the seven lots proposed for acquisition. 17. The proposed acquisition _X_is specifieally identified in an adopted open space, conservation; or resource preservation prognun or plan, or community col!8ervation effort. Please describe below, including the site's importance to the plan. Please provide. a copy of the plan with the application. . http://www.coJefferson.wauslrommissionersfConservatlonlconservation.as)i 6 _complements an adopted open spaee or l:onServation pIan, bnt is not speeifil:8lJy identified. Please describe below, and describe haw the proposed acquisition is consistent with the plan. _is a stand-alone project. . The properties in the Wmona basin identified as Tier I and Tier II for acquisition were indicated in the Quimper Wildlife Corridor Management Plan that was adopted by the City of Port ToWnsend on May 19, 2008, Ordinance 2967. This management plan is available at the City's website, httli:flwww.cltvofot.usfdsdlolannina.aso. The entire Quimper Wildlife Corridor lies in the area recognized in Jefferson County's Comprehensive Plan map as Parks, Recreation Areas, ConselVation Easements and Areas for Future Cooperative PreselVation Efforts. It is also recognized .in the City of Port Townsend Comprehensive Plan, and the Parks and Open Space Plan. The Land Trust, the City of Port Townsend, Jefferson County, state agencies, the local Audubon and Native Plant Society Chapter, and US Ash & Wildlife have been partnering on' the project since the mid 1990's. These parcels have been identified in the acquisition priorities of the project since the baginning due to the wetland, floodplain, buffer and upland forest values, htto:/fwww.co.iefferson.wa.us/idmslodfsloarks99.odf Jefferson Land Trusfs newly adopted Conservation Plan for Jefferson County, prepared with the input of many community members, specifically identifies the Quimper Wildflfe Corridor. The plan is located on the JL T website at www.saveland.ora. 18. List the important milestones for thiS project. .. Milestones include securing CFF funding arid community contributions in Spring of 2011. Acquisition of the land will take place after funding is secured 19. Conservation Opportunity or Threat: a. The proposed acquisition site .1Ldoes _does not provide a conservation or prese~ation opportunity which would othenrise be lost or threatened. b.1f applieable, please carefully describe the wltnre and immediacy of the opportunity or threat, and any unique qualities about the site. Landowner has been negotiating with JL T for 14 years and has finally agreed to sell her Jots in Fowlers Park Addition. She owns an additional 22 lots in the area and is interested in selling these parcels as well when the funding becomes available. JL T and the City of Port Townsend applied to the State Urban Wildlife Habitat grant program in 2009 for acquisition of these parcels and others nearby and funding forthe praJll1S81 is unlikely due to the State bUdget situation. 20. Describe the physieal eharacteristies of the site that is proposed for acquisition with Conservation Futures Program funds including: vegetation, topography, snrrouiJ.ding land use, and relationship to parks,trails, and open space. As with our 2009 application, the City and Jefferson Land Trust are currently focusing acquisition efforts in the highest-priority portion of the QWC that extends east from Cook Avenue into the bttp:l/www.coJefferson.wa.uslcommissionemlConservationlconservatiOD.asp 7 Winona Wetland basin (see work-site area map). The Winona Basin of the corridor contains 4 . category II and III wetlands and mixed mature native forest with some of the .Iarg!lSt fir,trees on the North QuimperPertinsula. Most. of the project area Is In low lying bottom hand, though the tOpOgraphy drops steeply from Cook Avenue down to the east into the basin. The TIer II parcel!:J proposed for acquiSition with this application contain additional wetland buffer and forest habitat, provide a buffer from encroaching d~elopment and help provide links between protected properties. This Winona Basin area was Identified in the QWC ManagementPlan as having some of the highest habitat values in all of the QWC. This area has the longest contiguous stretch of habitat. with nO road or highway interruptions. ' The Winona Basin is considered a vital component of the (;luimper Wildlife Corridor due to the diversity of wetland, mature forest, snags and floodplain providing habitat for multiple species. The majority of Winona and TeePee Wetland lots and 1 OO-year floodplain parcels between them are permanently protected through City ~nd Land Trust ownership. Remaining wetland, wetland buffers and floodplain forest' connections between Winona Wetl!ilnd and the Quaking Aspen Wetland to the east and additional mature forest In the basin is considered Tier I and Tier II properties for Ptvtection. All of the area was platted In the 1880's into 50 x 100 ft lots, and residential development Is continuing just to the north and east of the ,area and will cOntinue to threaten the Winona Basin until critical parcels are acquired. ' Numerous trails crissGross the Winona Basin arid are part of the larger network known as Cappy's Trails. Several are recognized in the City's Non- Motorized Transportation Plan. Residents and visitors alike utilize the area for passive recreational opportunities like hiking, bird watching and bike 'riding. ' 21. The proposed acquisition X provides habitat for ,State of Washington Priority Habitat and/or State or Federal Threatened, Endangered or Sensitift species. ' ,X provides habitat for a variety oimltive flora or fanna species. X contributes to an existing or future wildlife corridor or migration route. If Cf!firmative in any of the above, please describe beloW, and cite or provide documentation of species' use. The QWC provides critical habitat In an area of looming urban development and is home to a wide' variety of flora and faun!il, from the humble tough-ski!lned newt and C!illypso orchid to nearly 200 bird species and numerous sffi!illi and large mamm!ills. Protection Island, located just offshore of the western end of the corridor, is a National Wildlife Refuge and home to nearly seventy percent of the seabirds that nest and breed In all of Puget Sound. Washington Department of Wildlife and the local Audubon Society have identified several state priority species in the QWC that are sensitive, threatened or listed. These include: Bald eagle, Peregrine Falcon, Wood duck, Great Blue Heron, Pileated Woodpecker, Band-Tailed Pigeon, Merlin, Olive Sided Rycatcher, black tailed deer, and bob cat The corridor will allow these ,species and others the safety of cover to move between ~and and forest ecosystems, . 22li. Describe the extent and nature of eurrent and planned agrieulturaluse of the proposed acquisition, including any anticipated ehanges to that use onl:e the property, or property right, is aequired with Conservation Futures funds. ' None planned bltp:l/www.cojefferson;wa.lISIcOmmlssionerslConservationlCOllllerVlltion.asP 8 b. Describe any participation by current property owner in any other agrienlturalland cOll8ervation programs, inclnding the program and nature of the involvement. Not applicable 23. Desc:ribe the use planned for the site, any development plans after acq~ition; cha"raeteristic:s of the site which demonstrate ~hat it is well-suited to the proposed use, and plans for any habitable buildings currently on the site. . None planned 24a. Proposed acquisition site and any subsequent planned passive development (as described above) X is _is not part of a larger project. , b. If applicable, describe how the site relates to the larger project, and whether the project has a plan, schedule and funding dedicated to its completion. This project is part of the City of Port Townsend and Jefferson' Land Trust's effort to protect valuable forest, wetland and floodplain habitat in the QWC. The parcels include wetland and buffer habitat in the connective portion. of ~ corridor between Cook Avenue on the west and the City owned Quaking Aspen Wetland on the east. The QWC is an ambitious project spearheaded by JefferSon Land Tnist and the City since the mid 1990's. The QWC is a series'ofwetJands, floodplains, and forested connections located on the North Quimper Peninsula in East Jefferson County, Washington, This 3.5-mile drainage course .stretches from the Mlddlepoint Land Conservancy near Protection Island on the west side of the Quimper Peninsula to Chinese Gardens Wetland near Fort Worden State Park. The wildlife corridor links six major wildlife habitat areas, including .four critical and high-priority wetlands. The wildlife corridor also contains areas of significant habitat value within the con'nections between the major habitat areas. In addition to protecting diverse forest habitat, wetland and buffer habitat for over 120 species of birds, migrating amphibians, small mammals and (occasionally large ones), the corridor provides protection of the City's largest drainage basin for stormwater treatment and flood control. The City of Port Townsend, Jefferson County, Jefferson Land Trust, Washington Department of Natural Resources, the U.S. Fish and Wildlife Service, the local Audubon Chapter, several private foundations and many community members have been working to ,accomplish the goals of the project. To date, the City has utilized grant funds to acquire approximately 42 acres of wetland and forested habitat in the corridor. Jefferson Land Trust has raised over $700,000 for additional C!cquisitions and stewardship of properties acquired. Over 300 platted lots are protected throlJgh Land. Trust, City and County ownership. Project partners will continue to seek willing sellers of identified priority properties and will raise grant and community funds to protect these parcels. In addition, the 45-acre Middlepolnt Land ConservanCY, an BO-aera Department of Natural Resources forestland parcel being managed for old growth characteristics, privately owned TIbbal's Lake and Chinese Gardens Wetland all prOvide wildlife habitat and recraatlonal opportunities. 25. Deseribe how the proposed acquisition benefits primarily a X local area _hroad eoun~ area including the area served, the nature of the benefit, the jurisdictions involved, lind the populations served. http://wwW.CQJefferson.wauslcommissionerslConservationlconserwtioD.llSp 9 Protection of the wetland, buffer and, floodplain habitats of the awc provides particular benefits to local residents in tIUrt it provides stonn-water filtration andffoodplain retention. In general, however, protection ,of the awc habitats, provides oonefits not only to residents of Port Townsend arid , surrounding county areas; but also to the many visitors to our area The corridor is used extensively for passive'recreatlon by the community and visitors who enjoy walking the trails, bike riding and horseback riding. The wetlands and forests of the ,corridor provide education opportunities for all, and have been field elassrooms for the Native Plant Society,.Audubon m.embers conducting annual Christmas bird counts, and Mountain View,. Blue Heron and High School Students~ Realtors frOIT! all over the region taking continuing educational courses at WSU have participated in corridor field trips to understand. wetland ecology. The bike trails of the corridor were identified in a national mountain bike magazine. The Land Trust has conducted numerous tours to various parts of the corridor over the last several years as part of, our ongoing community outreach efforts. The project is bound to receive additional recognition as the Port Townsend area continues to grow. 26. Describe the educational or interpretive opportunities that exist for providing public aecess, educational or interpretive displays (signage, kiosks, etc.) on the.proposed site, including any plans to provide those improvements and any plans fot public acCessibility. . . awc continues to be utilized by numerous community groups for educational purposes, including school programs, Native Plant Society walks, and Audubon walks. Forty community members have completed a two-month awc docent training held annually since 2008 through Jefferson Land Trust. The trained dClcents have provided monthly walks on existing trails since June 2008 for the public and school children, with attendance averaging 25 participants each month. Docents and other community meml)ers help with stewardship activities in the corridor as well. Land Trust volunteers are creating interpretive displays that will provide visitors to the corridor an , understanding Of the function of the cOrridor, as well directing people away from the more sensitive habitat areas. 27~ The proposed aequisition.- includes historic or culturally significant resources1 and _ is registered with tbe National Register of Historic Places, or an equivalent program. _ is recognized locally has having historic or cultural resources. _ is adjacent to and provides a buffer for a historic or cultural site. If ajfirmfliive in any of the alfove, please describe below, and cite or provide documentation of the historical or cultural resources. . . Not applicable 28a. Describe the extent and nature of eurrent and planned silvicultural use of the proposed aequiSition. Please cite or. provide documentation of existing or. planned silvicultural activities includingforest managementplan(s). None planned 1 Cultural resources means archeological and hlslDrlc sites and artlfadsl. and tladltlol\lll religious ceremonial and ' social uses and actiVItIes of affected Indian Trlbes and mandatory protections of resources under chapters 27.44 and 27.53, RON. , http://www.coJefferson.wa.uslcommlsslonerslConservationlconservation.asp 10 b. Desen'be any participation by current property owner in silviculture conservation programs, including the program and nature of the involvement. None planned 29. Sponsors of applieations that are approved for funding by the Board of County . Commissioners are required to submit a brief progress report by Oclober 30 every year for three years after the award is approved, or three years after the aequisition funds are disbursed to the applicant, whichever is later. The progress report mnst address any changes in the project foens or purpose, Pro;ress in obtaining matching funding, and stewardship and maintenance. Sponsors receiving O&M funds will also submit an annual report for each year that O&M funds are expended. The Committee will use the information to develop a project "report eard" that will be submitted annually to the Board of County Commissioners. . If this applieation is approved for filnding, I understand the sponsor is required to submit . progress reports for three years and for any year fu which O&M funds are expended. '~s. Initials 2/2.i/1l Date . 30. If, three years after the date funding is approved by the Board of County Commissioners, the applicants have not obtained the required matching funds, the Committee may request the Board of County Commissioners to nullify their approval offunds, and may require the project to re-apply. .. I If this application'is approved for funding, I understand that we may be required to re-submit the application if the project sponsor does not obtain the necessary matching funding within three years. SS Initials 2.(1$/11 Date . . I . . ! 31. Are there any critical dates, e.g, grant deadlines, for your project that the Committee should know about? Please list the dates and explain their importance. Land llwner is ready to sell and JL T donors are willing to contrlbute if grant funding Is available through the CFF Program. http://www.coJefferson.waus/commissioners/CoDSeIVationfcoDSeIVation.asp 11 February Z4,2o:n Sarah. .spaeth E~"e DirectOr Jefferson Land T~ 1 0~3 La\VreJice street . 'Port Townsend, W A 98368 Dear Sarah., This 1etter.is to indicate my interest in selling the following parcels ofland for protection purposes: , Tax Parcel Number: 951902402, Fowler's Park Addition, Block 24, Lotsll-17. We also understand that this sale is contingCnt on funding from the Jefferson County Conservation Futures Prograni. , " Signed, .' ~l~~~~e PO Box 1564 Port Townsend, WA 98368 '. DO S:Q"O as:a ~~ j :> 2 Co g.ft~ :> "0 6- a ~ 16 g ~l Ul 0 ~ ~ ~D~ ~lir(') CD ill' ~ ~~~ ~" ;:: i lii CD "0 5. 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I i "no. ~ - SNOllWLsnlllSQNOd S3~n.1O::INOI.LV^~SNOO.' ~". se{1JadQldlep~tlla' JOPt.uO~'P.IPI!.M .lEKJI.IJJIll'J Looking North 011. aloedellotS I!lTElllDL 1lE'1BNUB SERVICE DISTlUCT Ii~. 2 CtrPANIA CIRCLE MONTBREY PARK..~ ~~755-7406 DEPJIRTMENT OF THE TREAsuRY JKn'BRSON LAND Ta'tJST. . C/O DOUG Ml'oSON .PIlES pO BOX 16~0 PORT ~JOllW. WA 98368-0~09 Employer Identification 1ITIIIIlber: 91-~465078 case 1ITIIIIlber: 954109002 Contact Person: TnONE TlIOMAS Contact Telephone !lUmber. (213) 894-2289 our Letter Dateil: .May 08. 1990 . Addei1d= Applies: No Date: MAY 03 1994 near Applicant. This modifies Oar letter of the above date in whiah we etatedthet you . would bEi treated as an organizat:i.on thet is not a private foundation until the. expiration of your advance rW.ing period. , Your exempt status 1mder section 5f)~ (a) of. the Internill Revenae Code as an . ~zationdescribed in. section 5i1~(c) (3) is still in effect. Sased on the information you ~tted. we have dete:rmi.ned tIlat you are not a private foundation within the ~,,"4"g of section 509 (al of the Code because yoU are an organization of the type described in section 509 (al (~) and 110 lbl (~) (Al (vil . Gzantors and contributors may rely on this determination unless the Internal ReVenue sexvice publishes notice. to the contrary. Bawever. if you .lose your section 509 (a). (ll sta!:Us. a grantor .or contributor. may not rely on. this determination if he or she was in part responsible .for. or was aware of. the. act or fa4lure to act. or the substantial or material chaitgs. on the part of the orgaJrl.zation that resulted in your loss of suah. status, or. if he or she .. aequixed knoWledge .that the Intemal ReVenue sexvice had given notice that you would no longer be classified. as a section 50.9 (a) (1) o~tion. If we have indicaeed in the helldil\g .of this letter thet an add<<o~n"" applies. the ".dd_dmn encl~ is.an integral part of this letter.. BBcause this leeter could help resolve any questions about your privaee foundation staeus, please keep it in your pe:rlIllIJI.SXle records. . If you have 8ny queaeions. please contact the person whose name and telephone "''''''''''r are shown above. S~:fGU%'s. . , ~.....o' . ~d' ~ Richard R~ District Director Letter 1050 (tIO/CGJ -.' . - ", ... i f ~ ~ . . i - i .0 .. I I I 'II I " ... i ! i i " I ... ~ I I ~ . IIii i it t I ~ i .. I I I ~ " E I ! i ii. III !l I . I I E t , ! . . N .. it - UU ~!11~~ - U1!~1 J ~!i Ai U~li il' " Ii <\c ~ - - !l d I ~ 8l )! i ~ ~ ~ 8 . ~ ~ . 8 . ~ I 8 8 I i~If Hin II: I irJ1 n~i i b _ !:l i ~ . II ~ i I~ ~ ~ 1 If ~ 8 8 8 8 IU. IU III . . . I . .' ~j I ni " b t .~ i "!l . II . Ii 8 ~In till ." I '1::1 I 'Ai i 4 flU . ~~ i ~ i i Ui -!l Il ~ Ie 8 8 8' a . iiil Ii . .' c w Jill, ~t '. ~ (I) jI $A I ~.. i . i 8 . . 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'lsSg'iS!isl tJa~am~iiieS;':'~~~ I i I i!1 ii.ill i~I'il!'0i~~eiifl'liliillllil.t I II I 1.1- 1II1 Ililiiiili .i11llllllllif I . Illi ,-, . 1'1111111" . ~u~... "I: ~ d-~ H13ilU" ~ OI"'CJlW'" .I~UIH . . . . . . I , lIuiiiH ilBllil88ilil 6 ... II .." ....n g . ,I" .. .". ., .. .. ~.*. 8 8. . . . ... .. "" . n.. ~ ~1:fro)8atpl I~nu l!l . ~ 11.".. ~ ~ . ~ ~nuu il il g ilil il ilil :r . . ,... . . . . ... . . . .. .. .. " .. I - ~ ~ CDS'(o)~jJ oifro)8CJ1o. 8 .11111 gillill .1 . .11 f i .. z .. f . . ~ ~ i lilt I . I I .. I .. :: ... i ~UI ... "- . & . . . I,' . . . . . . ;l ~ . ~ '" '" ~ U ; . ~ . U i. n. I . , , . . . . . . . . .~ ~ .,.,~., 1.1....:.. H..Ui. . , . , . . . . . . . . . I . I . '" ., ~.~....... . I . . . . . . . . . . , . . . . 1 . . . . . . . '. !:l . !:l 1..1. . . , . ., ........ ....... . . . . . . . . . . . . . . , , . . . ., ......... ...... ..... ...._N CSt ~ nunnn . . . . . . " ...... . . , . . . . . . . . ~. . . . . . . . .. ......,. .".., !l ~ fl' ~ ~ i L s !1 II i it 8 _ i . I 1: i . . i UUUaiui" ... a~ !:l. ., ., ~ tE U..Hn i.U.III if " II ii~. . ~ Ii ~~ i~ . ~i!~~~~~~~~~~~i;~~!~~~~~~~~~~~~~~~ ,Pili.... ~r. j~i iifUUliPli U j::U Hutlll! J illlHa ii. I ! lia lial loi~ ~al .' "ill Ii .f li!!!l",lll lJllllj-!=1illllll - i. -~ ::::!lU Uu' ~g HggI . I. , . . . . . . n 11 . . . . . .il . :. ..I .....1 .....1 f .....( H 88 .... '. . . . . . ~~ .......... . I .......... ~I ij~~~li II~)iiiii '. ,< . . . . . ... ..... I ii 88 Owen Fairbank, President '. Jefferson Land trilst 2011 Board of Directors Ginny Chamberlin, Vice-President Joanne Tyler, Treasurer Kathryn Lamka, Secretary . Gary Keister Suzanne Learned Glenda Hultman . Steve Moore Rodger Schmitt . . t= t. S = oo...Cl ....u ~- e = ~'Q . ~ i.~ ,.;j &:I = &:I bf) Q ... ~o ~= ~= ""N . i.. .1.)1,;"1 JEFFERSON LAND TRUST AND SUBSIDIARY Consolidated Financial Sl;itements and Independent Accountants' ReView Report Deeember 31, 2008 Table of Contents Page Independent ACcountants' Review Report Consolidated Financial Statements: Consolidated statement of Financial Position Consolidated statement of Activities Consolidated Statement of Cash Flows Notes to Consolidated Financial Statements Supplemental Information: Consolidated Statement of Functional Expenses 1 2 3 4 5-12 13 .Independent Accountants' Review Report Board ofDlrectors . Jefferson Land rTust and Subsidiary Port TOwnsend, Washington We have reviewed the accompanying consolidated statement of financial position of Jefferson Land Trust and Subsidiary (collectively, JLT, a nonprofit organization) as of December 31, 2008, and 1;he related consolidated statements of activities and cash flows for th!l year then ended, in accordance with Statements on Standar4s for AcCounting and Review Services ~ed by the American Institute of Certified Public Accountants." All infoi:mation included in these . consolidated financial statemeirts is the representation of the management of JL T. . A review conSists principally of inquiries of JL T personnel and analytical procedures applied to financial data. It is substantially less in scope than an andit in accordance witha:uditing standards generally accepted in the United States of America, the objective of which is the expression of an opinion regarding the financial statements taken as a whole. Accordingly, we do not express such an opinion. Based on our review, we are not aware of any material modifications that shomel- be made to the accompanying conSolidated financial statenieD.ts in order for them to be in cOnformity with accounting principles generally accepted in the United States of America. Our review waS made for the purpose of expressing Iimited assurance that there are no material modifications thilt should be made to the financial statements in order for thenito be m coDformity With. generally accepted accounting principles. The information included. in the accompanying statement of functional expenseS on page 13 is presented only for supplementary analysis purposes. Such information has been subjected to the inquiry and analytical procedures applied in the review of the baSic financial statements, and we are" nOt aware of any material mociifications that should be made thereto. . f!t~~ PS Certified Public Accountants Bellevue. Washington June 12, 2009 JEFFERSON LAND TRUSTAND SUBSIDl'ARY ConsolJdtlted Statement of Fbumcial Position December 31, 2008 . See acco11lpQ1lJling notes and accountants' report. -2- JEFFERSON LAND TRUST AND SUBSIDIARY ConsoUdated Stl1tement of Activities For the :rear Ended December 31,2008 Temporarily Unrestricted Restricted Total Revenue, Gains and Losses: Gifts and contributions- $ 346,227 $ 594,436 $ 940,663 Fair value of easement acquistions 1,198,820 1,198,820 Grants and contracts 160,336 160,336 Special events income, net of expenses of $17,427 85;359 85,359 Net loss on Investments (54,108) (54,108) Gain on sale of habitat land property 94,182 94,182 Rental income 21,615 21,615 ReleaSe from purpose restricllon 30,941 - (30,941) Total Revenue, Gains and Losses 1,883,374 563,495 2,446,869 Expe~: program 1,604,890 1,604,890 General and administrative 121;282 121,282 Fundralsing 46,341 46,341 Total i:xpenses 1,772,513 1,772,513 Change In Net Assets 110,861 563,495 674,356 Beginning of year net assets, as adjusted (Note 9) 1,001,441 395,347 1,396.788 End of Year Net Assets $ 1,112,302 $ 958,842 $ 2,071,144 See accompanying notes and. occ01J1ltants' report. -3- :." ,..".; ,w; f ..~., , u ,. - ,. . .. . - - '. . , ,"- . , . '. -,. - . '. . JiFFERsON LAN>> TRllS'lANDsiQJsmJARt , .' , . . . CoitSolIdate4~ ofCiish FlIJWS, Ff)I' t/leyetll' Eni1e41Jecemlxdl,2fJOB . h"- ".'- "i'''' , . " . - . ",- ..' '. Cash FIow8 frOm ~ ActMtIer..' Change In netassets '" ' " ,AlIj11slinelrtS ~ recOncue.~i1i net assets to . ". net Cash provlded bY opel"8tlngacl!\lltlllS: . . ~jllIlClation attd arnodiiallOn, ' ' . ,'. Qonated Jandand -rnei'its . '. . RcfaJJzecI altdunreallied tOss onirMlStluen!& Gain On eats ofl8rid .' '. .,'<. Changes In 8ssets attd liab1IltIes:' AccoUntsrecelvable .", ' J:lledgesr&c:eivable . Accounts Payable. Aocrued.'~ ,,' ~ ..' . ..- " , '(ll4.822} (1li9.a4O) 11,<414. 13.256 '41~ .>" ',,' r.ktt'caah PrDvldedby ~ ACtiVItIes ,", ~Ffow& from /nJIIl8tiIltI A~ " , Fui1:halles of lnItestrnel\l$ - . -, ' PJ'o(:eed$ftoinsaisof~.ts '.' , .., FumhflseS Orland alldlaitQ purc/la!I8QJ:1tlOn ' f!roc8adafrom lIliII8 of land < ", . f'\I~ of~re am!,equlpment .0< .'f, , ',,<( 'n ~ .;-, , 'NetCllsb IJ1lecl by 1nw..ath.gA~ ' . . .. . '. 'f, , . Cash FIow8ftolnFIritilI~ACtiVUles: . 'PayrnantSon fllns term debt ' . '.<: Net CaahUaed by FInanctiIu Ai:uvItJe$ : -":,,"',',, <..7 ." ';. '_, " Net ,Chaitge In Caah and C88h Equtvalenla ..<. (3.~9~ . f3.048{ , . ~:;. ' -". , 311..' :;0'\. .~ s.1PPJelpenta/ Dl8cl0lHll'e of _ Flow lIIfonrilIfion: ;ClIsh pSi\'! fOr intereSt ....; ,'., See~1lOieslllld~,repon ';'J- -4- ".' ,", JEFFERSON LAND TRUST AND SUBSIDIARY Notes to .consolid8ted Fma'ncial SlIltements Note 1 - Organization and SUI1J11lfl1'y of Signijlcant Accounting Policies Organization. Jefferson Land Trust (the Land Trust) is a Washington nonprofit corporation, fanned on April 7, '989. The Land Trust's purpose is to acquire, preserve and manage open space lands and easements far land conservation purposes benefitting the public. The. Land Trust also provides information and materials to the public on land conservetion issues. The Land Trust serves Jefferson County on the Olympic fieninsula in Washington. The Land Trust has been accredited by the national Land Trust Alliance as of August 5, 2009. On September 5; 2007, JLT'Resources, LLC was fanned' with JE!fferson Land Trust as Its only member. .JLT Resources, LLC was fanned far .the purpose of purchasing and holding land far conservation purposes. . Summary of Significant Accounting PolicIes: PrincIples of Consolidation ~ These financial statements con~lidate the statements of Jefferson Land Trust and JL T Resources, LLC (coDectively, 'JL 1"). .Inter-organlzation balances and transactions have been eliminated incons.olidation.' . Basis of AccOunting - The finanCIal statements of JL T have been prepared on the acarual basis of acoounting. BasIs of Presentation - Net assets. and revenues, expenses, gains and losses are t;lassified based on the existence or absence of donor-imposed restrictians. Accordingly, the net assets of JL T and changes therein are classified and reported as fallOWS: Unrestricted Net Assets - InclUde all net assetS on which j:here are nO donor-imposed restrictions far . . use, or on which donor-:imposed restrictions ware temporary and have expired. .' Temoorarllv Restricted Net Assets - Include all net assets subject to donor-imposed restrictions that wlII be met either by actions of 'JL T or the passage of time.' . Permaneritlv Restiicted Net Assets . Include all net assets received by donations .wherein the donors Impose a pennanent restriction on the Use of the gift The donors require the gift. to be invested and only the Income fR?m such' investments may be used to support the Intended. cause. JL T had no . permanently .restricted 'net assets as of Dacember 31, 2008. All donor-restricted support is reported as increases in temporarily or pennanentiy restricted net assets, . depending on the nature of the restriction. When restrictions expire (that is, when.a stipulated time restriction ends or purpose rastrlction is accomplished), lemporerlly restricted 'net assets are reclassified to unrastrlcted net assets and reported in the. statement of activitles as net assets released from rastrlction. Gifts of equipment are reported as unrestricted support unless explli:il donor s.tipulations speclfy how the donated assets must be used. Gifts of long-lived assets with explicit restrictions that specify how the assets are to be used and gifts of cash or other assets that must be used to acq~ long-lived assets are reported as restricted support. Absent expDclt donor stipulations about how long. thoSe long-lived. assets must be maintained, explratkinsof donor restrictions are reported when the donated or acquired long-lived assets are " placed in service. .' . -5~ JEFFERSON LAND TRUST AND SUBSIDIARY Notes to Consolidated Financiill Sfilte>>rents Note 1 - Continued Use of EsUmates - The preparation of financial statements in conformity with accounllng principles generally accepted in the United states. of America requires management to make esllmates and assumptions that affect the reported amounts of assets and fiablli1les and disclosure of conllngent assets and liabIlities at the date of the financial atatements, and the reported amounts of revenues and expenses during the reporting period. Actual results could diffEir from those esllmates. Cash and Cash . EqUivalents . For reporting purposes, JL T consldere all unl'elltricted highly liquId Investments with a purchased maturity of three months or less to be cash equillaJents. ConcentratIons . JL T maintains its cash in bank deposit accounts with one financial inslltullpn. JL Ts cash balances may, at times, exceed tederaUy Insured limits. One donor's pledge represented approxImately 43% of pledges receIvable at December 31, 2008. Investments - Investments In mark_Ie securilles with readIly determinable fair values and all Investments . in debt securilles are valued 'at their fair values In the atatement of financial posillon. The canying an19un! of the investment held in trust is determined by the trustee holding the securilles. UnreaflZed gains and losses are included In the change In net assets. JL T has established a designat!ld fund at Jeffereon COunty Community Foundaj:lon. As JL T has desIgnated itself as the beneficiary of the fund, the fund balance and acllvily are reported In the financial statements of JL T as required by gf/neraIly accapted accounllng principles. ACcounts Receivable . Accounts receIvable are stated at the amount management expects to cciOeci from outstllnding balancas. Management provides for prQbable uncoOecllble amounts through a charge to earnings and a credit to a valuation allowance based on its assessment of the current status of Indlvidual accounts. Balances silO outstanding after management has used reasonable collection efforts .are written off through a charge to. the valuation allowance and a credit to trade accounts receIvabie. Changes In the valuallon have not been material to the financial statements. Grants and Contracts. JL T receives grants and contracts from faderaI, elate, and localagencles, as weD as from prIvate organiZations, to be used for .specific programs or land purchases. The ex~ of grants receIvable over reimbursable expenditures to-date is recorded as deferred revenue. . FurnIture and Ecjulpment. Fumlture end equipment are capitalized at cost If.purchased, or, if donated, at the approximate ~ value at the date' of donallon. When retired or otherwise disposed of, the related carrying value and .accumuIeted depreclation are removed from the raspactlve accounts and the nat difference, less any amount realized from dispositlon, is reflected In earnings.. Maintenance and repalre are charg6!l to expenses as Incurred. Costs of signiflcant Improvements are capitalized. JL T provides for depreciation using the straight-line method over the esllmated useful lives of the assets of five to ten years. . . - 6- . JEFFERSON LAND TRUST AND SUBSIDIARY Notes to ConsoliJnf'!t/ Fuuzncial Statements Note 1 - Continued Land and Easements . JL T records acquisitions of land at cost if purchased. Land acquired through donation Is recordad at fair value, with fait values genarally based on independent professional appraisals. These assats fall into two primary categories: Conservation lands - RllaI property with significant ecological value for habitat. . open space, or working lands. stewardship programs of JL T manage these properties to protect the natural biOlogical diversity of the property. JL T manages its working timberland as a Forest stewardship Councll- Certlfled, managed forest.. Conservation ~"""ments - Voluntary legal agresments betwaen a landowner and a land trust or govemment agency to permanently protect the identlfled natural features and conservaDon values of the property. These easements may be sold or transferred to others so long as the assignee agrees . to carry out, in perpetuity, the conservation purposes intended by the original grantor. Consarvatlon .easements owned by JL T Protect f:1abitat. open space and working lands, such as family .farrns, through its stewardship programs. Easements acquired represent numerous reStrlctlons over the use and development of land not owned Oy. JLT. Since the benefits of such easements accrue to the public upon acquisition, the fair merket value of easements acquired Is shown In lhe year of acquisition as an adclition to net assets to record the donation of the easement, and unless conveyed to a public agency. for consideration, shown as a reductlon in net 8ssets to record the .value of the public's benefit and to recognize that these easements have no marketable value once severed from the land and held bY JL T. Easements held by JL T are carried on the statement of financial position at $1 each for tracking and aCO?untlng .. purposes. Easenientsvalued at $1,198,820 were donated to JL T during the year ended December 31,2008. Accordingly, $1,198,820 of contribution revenue and $1,198,815 of related wlite down expense haVe been reported on the statement of actlvities for the year ended December 31, 2008. . Federal Income Taxes - The Internal ~evenue Service has determined Jefferson Land Trust and JL T Resources, LLC {a dlsregan:led entity} to be exempt from federallnoome taxes IIOdar Internal Revenue Code Sectlon 501 (c}(3). Contributions to the organizations are deductlble as allowed undar Sectlon 170(b}(i)(A){vi) Of the Code.. . Functional Allocation of Expenses - The costs of providing the .varlous programs and other actlvities have baen summarized on a functional basis In the statement Of actlvities. Accordingly, certain costs have baen allocated among the programs and supportlng services benefited. Note 2 - Fair Value Measurements In september 2006, the Financial Accounting Standards Board ("FASB") lssuedFASB Statement ("SFAS") No. 157. Fair Value MeasiJrements.SFAS 157 defines fair value, establishes a framewOrk for meaSuring fair valUe in genaraJlyaccepted accounting principles, and. expands diSclosures about fair value- measurements. To Increase consistency and comparab~ity In fair value measurements, SFAS 157 uSes a fair. value hierarchy that prlorltlzas the inputs to valuation approaches into thres broad levels. The hierarchy gives the highest priority to quoted prices In actlve markets (Level 1 ) and the lowest priority to unobsarvablelnputs. (Level 3). - 7- JEFFERSON LAND TRUST AND SUBSIDIARY Notes to Consolidated Financial Sto1ements Note 2 - Continued Valuation Techniques - Rnancial asSets and liabilities valued using Level 1 Inputs are based on unadjusted quoted market pl'ices within active markets. financial assets and liabilities valued using Level 2 inputs are based primarily on quoted prices for similar assets or liabilities in active or inactive markets. Financial FISSElts and liabilities using Leval 3 inputs were primarily valued using managemenfs assumptions about the assumptions market participants would utilize in pricing the asset or liability. Valuation techniques utilized to determine fair value are consistently applied. . . Fair Values Measured on a Recurring Basis - Fair values of Investments messured on a recurring basis at December 31. 2008 were as follows: Fair Value Measurements at December 31. 2008 Significant Other SignifICant Observable Unobservable Inputs Inputs (Level 2) (Level 3) Total Quoted Prices In Active Markets for Identical Assets (Level ]) Certificates of .deposit Funds held at Jefferson CountY Community Foundation $ - $ 91,449 $ - $ 91,449 148,896 148.896 s - S 91 .tAG' S 148 898 S '41U41l A reconciliation of the beginning and ending balances for fair value measurements made using significant unobservable inputs (Level 3) follows: Beginning balanca at January 1, 2008 Totellosses (reallzed/onrealizedl Wilhdlawals Ending BaIance at December 31, 2008 $ . 221,686 (67,545) 15.245) Sl 148898 Invastment return for the year ended December 31, 2008 consisted of the folloWing: Interest income Realized/unrealized loss $ 17,188 171.294) S 1&4...106\ -8- JEFFERSON LAND TRUST AND SUBSIDIAl!.Y Notes to Consolidllted Financial Statements. Note 3 - Pledges Receivable At December 31, 2008; JL T had $468,328 in pledges receivable, which are to be received over a period of five years. Expected future receipts for the next five years are as foDows: Years Ending December 31, 2009' 2010 2011 2012 . 2013 $ 143,307 131,916 104,840 82,765 5.500 S 4lIlI 328 .' . A present value discoUnt on pledges receivable has been determined to not be rri8tenal to the financial statements. No alloWance for doubtful accounts was deemed necessal}' by management for the promises to give based on historio experience. . Note 4 .; Land, Co'ttserviltJon Easements., and PurcJwse Options Land, consBJVation easements, and purchase options at December 31,2008 are summarized as follows: Land:. Red Dog Farm Quimper Wildlife Corridor Bulls . Chimacum Creek i<Dham Comet Conservation easements Land purchasil option $ 333,760 243,804 125,240 139,094 38,930 35 30.000 S 910.883 -9- JEFFERSON LAND TRUST AND SUBSIDIARY Notes to Consolidated Financial Statements. Note 5 - Long-term Debt On December 16, 2007, JL T entered into a loan agreement with a commercial lender in the amount of $226,110. The loan bears interest at 6.5%: and is due in 60 monthly payments of principal and interest totaling $1,965, and a final principal payment of ~02,753 on January 10, 2013. The loan Is secured by the R.ilcI Dog Farm property and an Assignment of Rents from the lease described in Note 6. Principal payments on the loan are as follows: Yl'iUS Ending December 31, 2009 2010 2011 2012 2013 $ 4,451 4,645 5,273 5,739 202.753 S ~23 081 Yeor.s Ending December 31, 2009 2010 2011 2012 $ 23,560 23,560 23.560 23.560 S 94..320 - 10- . JEFFERSON LAND TRUST AND SUBSID1AJlY . . Notes to ConsolidJited FinandaI Statements Note 7 ~ Unrestrk:ted Net ~ets Unrestricted net assets consisted of the foUowinQ.at December 31, 2008: Designated - Red Dog Farm land Designated - Qubnper WildDfe Corridor land . Designated - Bulls . Designated - Chimacum Creek Conservation easements $ 333,760 243,804 125,240 139,094 . 35 Total designated. 841,933 Undeslgnated 270.369. I 1~112.302 Note 8.- Temporarily Restricted Net Assets Temporariiyrestrlcted riet assets consisted of the following at December 31, 2008: Purpose restri9lion: To purchase Glendale Farm easement To purchase Gateway land. For-stawartfship of Btills property $ 300,000 100,000 90.514 490,514 . .Time restrictlori: Outstanding Illedges 468.328 . l 969 R.t" Note 9 _ Adjustments to Beginning Nit Assets During the year ended December 31,2007, JL T entared Into an agreement with. the Jefferson County Community Foundation (JCCF), whereby the Jefferson Land Trust. Stewai'dshlp Fund (th~ Fund) was established. JLT transferred a total of $215,260 to the Fund. Per the termS of a Memorandum of UnderStanding, distributions from the Fund will be made for stewardship and legal defense of easements held :. by JL T. This transaction had been recognized as an expense in a prior year. It was determined during the year ended December 31, 2008 that, under the tanTis of the fund agreement, JL T' maintains control over the fund assets and any. distributionS of earnings from ttie Fund. Therefore, an iadjustment was recorded to reverse the expense and record the value of the fund and relatedlnvestmant earnings at December 31, 2007. As a result, beginning net assets were increased by $221,686. During the year.ended December 31, 2008, JL T determined that temporarily restricted funds held by JL Tfrom p~vlous year donations had originally been. recorded as unrestricted. The temporary restriction has bean recorded as of December 31, 2007. As a result, beginning temporarily restricted net assets were \n(;J cased by $395,347, and beginning Unrestricted net assets were decreased by $395,347. . -11- JEFFERSON LAND TRUST AND SUBSIDIARY Notes to Consolidated Finmu:iaJ Stotel1l21lts . Note 9 - Continued During the year ended December 31, 2008, JL T determined that unreslrictedfunds held by JL T from a previous year donation had originally been recorded as temporarily restricted.. The temporary restriction has been reversed as of December 31,2007. As a result, beginning unrestricted net assets were increased by $37,084, and beginning temporarily restricted nat assets were decreased by $37,084. During the year ended December 31, 2008, JL T determined that a portion of land held had been transferred to an outside party in a prior year, but had not been reflected as such in the accounting records. The land has been removed from the records as of December 31,2007. As a result, beginning unrestricted net assets were decreased by $7,500. During the year ended December 31, 2008, JL T determined that a portion of land had been acquired in a previous year, but Iiad not been reflected as such in the accoUnting records. The land has been included in the records as of December 31, 2007. As a result, beginning unrestrict!;!d net assets were increased by $9,650. The following table sets forth the effects of these adjustments at December 31, 2007: As Previouslv Reoorted Adiustments As Adiusted Consolidated statement of Financial Position: Unrestricted net assets $ 1,135,857 Temporarily restricted net assets 37.084 T.otal Net Assets S 1 172.951 $ (134,426) $ 1,001;441 358.263 395.347 S 223.837 S 1.398.7&R Note 10 - Subsequent Events in the months following year end, JL T, "along with the markets in general, has experienCed significant fluctuations In Its Invastment balances. JL T is aware there are significant pressures In the current global financial markets. ,lL T is vigilantiy monitoring the developments in the markets and believes that it is " positioned to deal with these developments should the unfavorable mart<et conditions "persist poUcy dictates malntalnlng the asset allocation through all markets rather ttian attempting market timing. -12- --"" SUPPLEMENTAL INFORMATION . , JEFFERSON lAND TRUST AND SUBSIDIARY Consolidated Statement of FU1ICf!onal Expenses For the Year Ended December 31, 2008 General aM Program Administrative FundraislnfJ Total Salaries $ 149,260 $ 61,217 $ 31,536 $ 242,013 Payrolllaxes 15,121 6,097 3,170 24,388 Employee benjafits 22,253 8,973 4,666 35,892 Total salaries and benefits expense . 186,634 76,287 39,372 302,293 Land and stewardship expenses 130,717 136 130,853 Fair value of easement donations written down 1,198,815 1,198,815 Donation to Nordlaild Garden Club 6,284 6,284 Professional fees 28,045 . 28,045 Public awareness 12,395 . 12,395 Rent 10,871 4,459 811 16,141 Postage and printing 11,708 584 2,267 . 14,559 Travel and seminars 7,937 2,081 1,087 11,065 Office suppllea 6,408 1,973. . 867 9,246 Insurance 2,443 2,465 4,908 Web design and maintenance 867 867 1,734 Telephone 2,181 894 461 3,536 UtIlities 1,275 523 269 2,067 Dues and subscriptions 1,561 1,561 3,122 Depreciation 1,061 435 224 1,720 Bank fees 453 453 Interest 18,566 18,566 other expenses 5,169 1,522 6,691 Total Expenses $ 1;604,890 $ 121,282 $ 46,341 $ 1,772,513 - See qccountants' report. -13- 3:38 PM 02124/11 ACcrual BasIll : Jefferson Land Trust Profit & Loss January through December,2010 Jan . Dee 10 OrdInary IncomelExpense Income 4000. U~cted L&S Income 4020. U~cted CapI1al Campalgns 4021 . OpP.Ortunfty Fund 101814020. U~ CapI1al Csmpslgna 2,075.00 2,075.00 4b4O . U~lll8d Stewardshlp 4041 . New COnIllIlulIons ' 4042 .lnierestIDMdend Income 4043 . U~cted Unreal GaInsIlass 4040 . U~cted S)ew8rdshlp - other 10181404li'. U~cted Slewardshlp 10,475.00 2,463.62 16,537.47' 5.000.00 ' 34,47aD9 4050 ; Value of COnserv E1ase Received T0I8I4OOO. U~cted L&S Income . 44,001.00 80,552.Q9 4500. ReslrIcted L&S Income 4510 . Iieslricted Land Acquls Grants 4511 . COnsel'Vllllon Fututes ' 4512. Stale Grant Salmon HabI1al 4513. Stale Grant Farm Land 4514. Stale Grant 4516 . FedernI Grant ToIal4510 . IleslrIcted Land Acquls Grants 5,020.01 , 197,412.70 183.75 719;74 69,661.75 , 293.017.il5 , 4520. __ CllpI1al Csmpslgns 4521 . Csmpslgn ContrIbullona 4524 ' Qulmpsr WUdIIIe COrridor 101814520 . Rtdilblcled CapI1aI Csmpslgns 2,700.00 1,025.00 3,725.00 4S4O.~ stswsrdshIp Funds 4542. InlereSllncome 101814li4O . ReslrIcted SlewardshJp Funds 0.00 ,0.00 4550 . Rsstrlclsd Non-govemment Grant 4551 . foundation Grants TDl8I4550 .lIc&lilcled Non-govsmment Grant 8,000.00 8,000.00 101814500 . Rssblcted L&S Income 304,742.95 5000. OpsrsIlons Incoms, 5100 . Individual AniwsI COnIllIlulIona 5102. Annual Msmbershlp- $0449 ' 5103. Annual MnmbershIp - $5O-$9lI 5104; Annual Membersl1lp ~ $1i:JG.$249 5105 . Annual Membership - $25lIo$499 5106 . Annual Membership - $500-$95 5107 . Annual Membership - $1000+ 5108 . Mise Individual Donatlons 1,622.00' 4,990.0\l , 9.553.60 3,300.00 4,250.00 9,000.00 25,833.70 Preliminary FlnanciaJ SImnt AudIled F1nant:1al Stmls Available May 2011 Pegs 1 015 3:38 PIlI 02124111 A1:l;nIld Basls Jefferson Land Trust Profit & Loss January through Dece~r 2010 5101l. stewardship OperatIOnS Contr. 5113. Workp/IlcegJvlng (corpmall:hllS) 5116. MemberShIp Pledge8 101815100 . Individual Annual COIllIlbulIons Jan - Dee 10 25.000.00 1,39lI.96 2,279.9J! 67.419.16' 5120 .1nd1vIduaI MuIlI-Year Contrblns, 6121 . Per year Amount- $0-$49 5122 . Per year Amount- $60-$99 5123. Per year Amount- $101).$249 5124 . Per year Amount. ~ $199 5125. Pl!" year Amount- $5llG,fi99 8128 . Per year Amount- $100G+ 101815120. Ind1vIduaI Yuill-Year Contrblns 2.225.00 1,240.00 8,125.00 8,720.00 5.430.00 214,320.00 240,080.00 530G. CapIlIII Clunpalgn OperatIOnS SUp 5301 . Opportunlly Fund 101815300. CapIlIII Clunpalgn OperaIlonsSUp 150.00 150.00 54IlO. Even181ncoJ11e 5410. SalesIAdmJsslon 5411 . Sales 5412 . AdmJssIon 5420.~s1dps 5422. RaInfesI 10181 a420. SpcnsorsIdps 0.00 54,158.40 7,337.38 5.350.00 , . 5.350.00 . 59,850.00 '1.25!l.oo 718.22, , 128.884.00 5430 . Fund 8 Need 5431 . SpacIal Even181lO!18l1on8 5440.In-KJnd~ 10181541lO . Even181n<:om8 ' 5500 . Fee for ServIce ba:oma 55Il1 . Gmnt AdnlIn/8888IIlI 5!lO3. Slewaldslllp ssoa. EducaIIon8I_ P1uQ."ll6 , 101815500. Fee for S8Ivlca ba:oma 41,503.87 4.117.00 3.087,95 48,688.82 6600 . OparalIOI18lnlenlSt1D1v1de 5840 . SacurftIe&oUmeaIIzed Galn/LoSs 5900. Olhar 5906 . In.KInd'DonalIons. 0peraIl0ns 5910 . 0Ibar ' 5920. OlharS....._"''''''' 101815900. 0Ibar 9,724.39 -3,124.77 2,000.00 10.015.94 2.200.00 14,215.94 101816000 . 0peraIl0ns ba:oma 525,787.58 , 1_1n<:om8 911,092.80 Coat Of Goode SOld PreIIminaJy FlnancIaISlmnt: Aud!tad FJnanclaI SIml8 , AvliIJabIe May 2011 Page2of8 3:38 PM 02124/11 AcoRIaIIlasIs Jefferson Land Trust Profl~ & Loss January lhrOugh'Decemb8r 2010 Jan . Dlic 1Q 6100. "",,-,,ull ElqlullSll& '61q1 ,AltwcillsislQ 6103. FecIIfty~. 6104.~ 6106; Pll8l8g8 and ShI.PP1n9 .6107. PrIrI1InfI and DuplIc8IIllg . 6108, Tl8Ylll . 6109 . SUppDes' . 6110.Other~ .TollII6100...."II......~ 930.00 2,616.60 13,269.89 2,008.35 9,363.65 1.7.50.81 1,2Q5.43 ~ 33,528.98 6200. Land andSlb.....dllIIlP ~_ . 8210. AcquIsIIIon and COItV8JlIIlC8 8211' CloSIng "- . 8213. Property/E8sem8nt Purch' PrIce 62:14. TIlIe_ 8216. Reconllna fees 62:10 . Aoqulslllon and COItV8JlIIlC8. Other TollII8210 . AcquIsIllan lIIICI con.eyance 379.40 0.00 108.40 428.00 284.00 . 1.199.60 .'6230.1.and/E1a8ement IfoIdlng Expenses 6232 . Fee SImple fire proIecIIon fees . 6233 . Fee Slmple Property T8llIlS 8234. Fee S1rftpre.SIeward8IlIp 6235. EIl$emeut Sh..L.dllblp . 62ST. Other 6235 . JLT L8ndISlewardshIp Expenses 6239. Velue of ConserI Eas wrtbi Own TollII6230 . 1.and/E1a8ement Holding Expenses 73.04 1,272.68 120.00 62,940.39 45.00 11,237.44 . 43.998.00 119.887.55 TollII6200. L8nd lIIICI S\ewIJrd$IIIp Elcpel_ 120,887.35 . 8300. ProfeselinaI servIc:e$ 83ll3. Appr.ahlel8 . . 6304. Envbvauleldel "u .e4l8 6305 . Land CoJlsI.1th1g 6308. LegeI 6307 . Mepplng 8308 .lluMlys . 8310..OIherPnlfesslonel . . 6311 . LsncIWorka .ConsuItIng TollII6300. ProfeS8lOllel88I'V1l:es 35,501.38 4,000.00 51.710.05 .100.00 .2,100.00 2,104.00 51,D15.55 2,000.00 '148,331.06 ToIal COGS 302,747.39 GrO$s PnlIIt 606,345.2f ElcpeIllI8 . 7000. 0perel!0Il9 e....- 71~. AdmInOlfkle~ --, Pr8Umlnary.FInancIaJ S1mnt: AudlIed ;RnencIaI Slm1ll AveDable May2011' Pege3of5 3:38 PM 02124111 Accrual BasIs Jefferson Land Trust Profit & Loss January through December 2010 7101 . AccountlngiBoOlceepl ServIceS 7102 . AdwerIlstnll 7103" Bank ServIce Charges 7104 . /nslu8IIC8 7105 . Jntemet '7108. CredIt c.cI fees - Nova , 7109. DepnlcIaIIon 7110. Equlpment/fumllre purcItase, 7111 . EqulpmentllUmIlw'e Irudilled....ce 7113. Donor Data_ 7114. Omce SuppOes 7115. P08l8g8 end ShIpping 7116. PrInlInli end dUplicating 7117 - Rent , 7118. Telephone 7119. TIllY8l , 7120. UlIlItIea 7122 . Web DellIgn/MaIn1enance 7123 . Olber , ' 7125. Dues" SUbscrlptlons 7126 . Food " EnterIaInment 7126. Pay Pal Fee 7126 . Management Fee 7130. DonaIIons '7131 . FInal1Ce Cbarges/LlIIe Fees 7190. UnfullIIled Pledges Tol8l71oo, AdJlIbt 0IlIce I!xperlses Jan- Dee 10 ' 16,455.00 361.15 439.10 2,619.00 841.50 3,282.32 1,339.03 1,00221 469.68 3,937.9S . 1,118.35 106.13 1,463.14 17..357.90 ' ~0S2.99 84.00 1,16021 1,695.40 1,060.31 3,293.55 11.13 210.78 46.03 25.00 109.59 , 19,695.12 81,!l52.S3 1200. Training , 1203. 011 site Training ToIaI12OO. Training 5,884.17 5,884.17 1300 . SaIaJy, PH IlIX, benefIls 1301 . SaIary- Exllcu1Iva llbwmr 1303. Salary. ........dsbIp llbwmr 13CJ!I. Salary ',Exec D1r. Yacallon 1308. Salary' SIwrdshp, DIt.Yacallon 7311 . Salary. Exec D1r. SIck 1313. Salary. Slwrdshp D1r. SIck 7316 . Salary. Exec.mr - Holiday 1318. Salary - Slwrdshp DIr- HolIday 7321 . Salary -)881' end accruaI 7326, Salary - AdmIrl Assf_ 'r.m. saJary - AdmIrl AssI- YacaIlcul 7326 . Salary- AdmIn AssI- SIck 7326. Salary. AdmIn AssI- HolIday 7334, Salary -0u1nlacb Manager 733S . Salary - Oulreacb Mngr - Yecln 733S, Salary - CluIreach Ungr - SIck rm ,Salary, Oulreacb linger - HIday 733S. Salary. CoJ,seullllon__ 51,845.71 42,075.19 3,206.53 , 2,029.38 1,482.34 1,611.38, 1,811,.61 1,5.1123 , 5,361.68 3,138.00 0.00 0.00 96.00 24,920.49 1,210.32 1.3Q2.76 91022 12,460.52 PreJlminaJy FInanclaI Stmnl: AudIted FInanclaI stni1s Available May 2011 Page401S' 3:38 PM 02124/11 Accrual BasIs Jefferson Land Trust Profit & Loss January through December 2010 7339 . Salary - Cnarvln Ass! - Vactn , 7340. Salary - Cnarvln Ass! - sick 7341 . Salary - Cnarvln,Ass!, H1day 7342 . Salary - DeveIopment O_r 7343 . Salary, D&vIp Olr. Vacation 7344. Salary, De1Ifp Dlr, SIck 734S . Salary - D&vIp Olr, HoBday 7346 . Salary -Flnanca Olreclor 7347. SaIary- Flnanca Olr', Vacation 7348 . Salary - Finance Ob< - Sick 7349 . Salary - finance Olr ~ Holiday , 7350 . Salary - Internship 7351 . SaJary. Sanlor Admin Spcla1 7352 . SaJary, Bai1lor AdmIn Spt, Vac 7353 . SaJary - Banlor Admin Spt - Sck 7354 . ilaJary, SanIor AdmIn Spt - Hol 7359 . Bonus 7350 . Health Insurance 7361 . Health Insurance - vE Accrual 7364 . SEP-IllA Employer ContrIbution 7370 . Payroll TaxIls 7371 . PayroD Taxes - Soc SecIMed 7373 . Payroll TaXes - LId , ,7374. PayroD Taxes-Sula 7375 . PayroD Tax ' Year End Accrual Tolid 7370. PayroB Taxes, ' Jan - Dee 10 529.34 184.91 419.66 22,215.85 2,679.09 0.00 1,351.19' 25,248.70 366.85 0.00 607.48 1,671.54 25,768.24 257.80 1,981.00 , BSl.78 3,166.00 33,290.91 607.28 4,934.34 20,558.24 4,615.78 2,145.27 -2,572.66 , 24,748.63 T01BI7300 . SaJary, PR lax, I!enefIts 306,329.75 To1aI7000. OperaIIona ExJ>enl!e 393,767.15 To1aI Expenaa 393,767.15 214,578.06 , Net DrdInary Income , lie! Income , 214,57B.06 Preliminary FInancial Stmnt Audited Flnanclal Slnits Available May 2011 Page 5 ofS Jefferson Land Trust . RESOLUTION February 25,2011 WHEREAS, Jeffi:a$un Land Trust is an applicant or sponsor for more than one Conservation Futures Funding application, and Conservation Futures Funding Application process requires that Jefferson Land Trust prioritize its projects, and WHEREAS, Jefferson Land Trust has been working since 1995 in pilJ.tu<itship with Jefferson County, the City of Port Townsend, Washington Depar1ment of Natural Resources, the commuirlty and the U.S. Fish and Wildlife Service to acquire land lot"by lot to preserve a 3.5- mile greenbelt and ~ stormwater drainageway called the Quimper Wildlife Corridor, and WHEREAS, professional nilturalists and scientists have recommended.tba1 this corridor be eXpanded to provide further benefit for wildlife species, especially inigmting birds, and to provide additional wetland buffers, and' . WHEREAS, acquisition of high-priority identified lots in the Quimper Wildlife Corridor area from Willing sellers would provide such wildlife and wetland protection, and WHEREAS, this important cOmmuirlty asset will require stewardship in perpetuity, to incl~ annual monitoring,lIIlIintenance, and management, as spelled out in the City-adopted Quimper Wildlife Coi:ridor Management P~ Resolution, and WHEREAS, Jefferson Land Trust has been working since 2000 in partnership with Jefferson Comity Conservation District, Jefferson County, Washington Department ofFish and Wildlife, . North Olympic Salmon Coalition, the Hood Canal Coordinating Council, the Jamestown S'K1a1lamTn"be and WSU Coopemtive ExtensiOn to acquire and restore critical salmon spawning, rearitIg and migratol)' habitat in the Chimacum Estuary and lower mom!rtem reach, and . WHEREAS,professional naturalists and scientists have reCommended that ChirnAcum Creek habitat protection be expanded to provide further be!refitsfor migmting saImonids. and other species,and . . WHEREAS, acquisition ofhigh-prlority identified parcels in the Chimacum Creek:;Estuary area from willing sellers would provide such habitat protection, and . WHEREAs, tIIis im.t>>~b.at .:Uww.wftl! asset will require steWatdsbip in perpetuitY, to include< annual mOnitoring, maintenance, and I'IIllIIlIgelll accotding to the 2008 Lower C!>imRClim CieekFJSh and Wildlife Managem.entP!an. . . . . BE IT HEREBY RESOLVED thlit J&"'''''ll Land Trust agreed ~its Febii,Jary IS, 2011.Board of Directors meeting to~ an appliClJ1ion by the Cw of Port Townsend fod~onservi1tion . Futures Fnncling for both land purchase and steWatdsbiP funds for this expansion of the Quimper WUdlife Corridor, and agreed that Quimper Wildlife Corridor is the highest priority fm: 2011 Conservation Futures Funding. The next highest priority is funding forthe CbimacUmCreek project because it would provide a yital cimnt;etivity to the Chimacum Creek project area.and it represents a collaborative ~ with connmmity members and our Chumsortium partner organizations as they work to pn:serve this s!-gnificant salmon habitat. !;igl'ecI this 25th day ofFebLl1ll1Y, 2011. o :r1E,'" L,;.~ l~ OwenF . President, BoardOfDireetors J&etSVil Land Trust