NAPTEP Brochure
· Islands Trust Area · Agreements · 2021
Original Trust document
· 703 KB
· SHA-256 619f438c38d8979e…
7,051 characters of machine-extracted text. Extraction is automatic and can be wrong; the original governs.
Topics: Forestry & trees · Agriculture & the ALR · Governance & budget · Climate & environment — our classification, not the Trust's.
Extracted text (beginning)
An incentive program to protect land and reduce taxes for Islands Trust Area landowners NAPTEP The Natural Area Protection Tax Exemption Program ISLANDS TRUST CONSERVANCY Protecting Canadaʼs Islands in the Salish Sea about the islands trust conservancy Established in 1990, the Islands Trust Conservancy is the conservation land trust for islands in the Salish Sea. The Islands Trust Conservancy empowers property owners to protect private land through innovative programs such as NAPTEP. Through annual monitoring and ongoing stewardship, the Islands Trust Conservancy ensures the land entrusted to us remains protected, forever. islandstrust.bc.ca/conservancy itcmail@islandstrust.bc.ca 250-405-5186 Service BC toll free: 1-800-663-7867 In Vancouver: 604-660-2421 keith & sylvia ’ s story It was an exciting day for Keith and Sylvia Pincott when a NAPTEP covenant was registered on their land, protecting more than 20 bird species nesting in their forest. The couple knows the importance of caring for wildlife habitat at home. They now have a guarantee that their cherished forest and Garry oak meadow will be protected in perpetuity. “While we know wildlife will have a home here in our lifetime, we realized we couldn’t guarantee what would happen after we are gone. That’s why we signed up for NAPTEP. With the covenant, we are comforted now knowing this habitat will be cared for in perpetuity. And with the special encouragement of a reduction in property taxes, it is a win/win arrangement.” — Sylvia Pincott naptep: save your land, save your money The Islands Trust Area is home to some of the most beautiful and rare ecosystems in Canada. However, the stunning beauty and rural charm of the islands has led to an increased demand for island property. Living in paradise has become expensive. In response to this, the Islands Trust Council designed an innovative program that combines ecosystem conservation and tax savings. The Natural Area Protection Tax Exemption Program (NAPTEP) provides landowners with an annual exemption of up to 65% of their property taxes when they permanently protect the natural features of their land. As a landowner, you now have a unique, affordable opportunity to protect the land you love forever. Above Keith and Sylvia Pincott Right Barred Owl at Woodwinds Conservation Covenant Photos Above: K Mayes | Cover top: R Keough Inside: Hummingbird: T Carnahan, Frog: E Wttewaall | All other photos: ITC eligibility NAPTEP is available to residential property owners in the Islands Trust Area. To qualify for the NAPTEP tax exemption, you must permanently protect natural habitat on your land with an Islands Trust Conservancy conservation covenant. Natural features eligible for protection include: • Relatively undisturbed sensitive ecosystems • Habitat for rare native plant species or communities • Habitat critical to breeding, rearing, feeding or staging of native animals • Special geological features The
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