Professional Documents
Culture Documents
Article IX, Section 1 of the Bylaws of the Land Trust provides: “In
extraordinary circumstances when it may be impossible and/or impractical
for the Board to meet in order to render a decision to acquire, transfer or
encumber an interest in land, the Executive Committee may act in the
Board’s stead, provided the President reports the action taken to the Board
at its next regularly scheduled meeting.”
The Purpose of this Policy is to provide specificity beyond the above Bylaw
provision regarding the circumstances in which it is appropriate for the
Executive Committee to render a decision regarding any land transaction.
Criteria to be considered
Procedure to be followed
2. Before acting, the Executive Committee shall first make a finding that the
Land Trust’s Conflict of Interest Policy has been complied with in regard to
the subject transaction, and if a conflict of interest exists that the Policy has
been complied with. [Refer to LTA Standard 4 and the Land Trust’s Policy
#4A.] This finding shall be recorded in the minutes of the Executive
Committee meeting.
4. The Committee shall review the project selection materials and staff
report(s) for the land transaction, and any other applicable information prior
to making a decision.