SLT's preferred methods of conservation are to act as a facilitator in a transaction leading to conservation by other group(s) and the use of conservation restrictions (CR), but the range of conservation strategies that SLT may consider is outlined below.
Facilitator. In partnership with another conservation organization, state agency or the town, SLT may help
a) negotiate a deal;
b) develop a conservation strategy for a property; and/or
c) fund a project.
SLT would hold no interest in or stewardship responsibility for the property.
Fee Ownership. SLT acquires land through purchase, bargain sale, donation, or bequest. SLT maintains perpetual stewardship and management responsibility for this conservation property. (See SLT Stewardship Policy for information on endowments.) SLT may grant conservation restrictions on land it owns in fee to another conservation organization, agency or town.
Temporary Fee Ownership. SLT acquires land as described above with the intent to convey it to a public or private third party for conservation purposes. The property may be conserved by SLT prior to the transfer or by the third party after the transfer.
Partial Interest. SLT acquires a Conservation Restriction (CR), Agricultural Preservation Restriction (APR), or other partial interest in the property. SLT maintains perpetual stewardship responsibility for ensuring compliance with the CR APR's are then transferred to the State. Recognizing the time and expense involved, unless the property is important habitat or abuts conservation or significant agricultural lands, we avoid parcels of less than five acres. SLT always establishes a stewardship endowment.
In its first twenty years, it has seemed prudent to SLT to co-hold CRs with a larger organization (BNRC, TNC, ATC, etc.) where conservation goals overlap, so that in the event of a violation or other problem, the financial resources of both SLT and the larger organization will be available to defend the CR.
Limited development. This method may be used in conjunction with one of the four conservation methods listed above. SLT would sell or facilitate the sale of a portion of the property for appropriate development to help fund the conservation of the majority of the original property. In its first twenty years, SLT has not done a limited development transaction.