Memorandum of Agreement ITC - Denman LTC

· Denman Island · Agreements · 1996

Original Trust document · 12 KB · SHA-256 0314301f32f0724f…

5,118 characters of machine-extracted text. Extraction is automatic and can be wrong; the original governs.

Topics: Governance & budget — our classification, not the Trust's.

Extracted text (beginning)

1 
MEMORANDUM OF AGREEMENT 
between the 
DENMAN ISLAND LOCAL TRUST COMMITTEE 
and the 
TRUST FUND BOARD (BOARD) 
concerning the 
COORDINATION OF ACTIVITIES AMONG 
THE TRUST FUND BOARD  
AND THE DENMAN ISLAND  LOCAL TRUST COMMITTEE 
 
 
 
WHEREAS pursuant to section 22(2) of the Islands Trust Act each Local Trust 
Committee may enter into agreements with municipalities, regional districts and boards of 
school trustees, respecting the coordination of activities in the local trust area; 
 
NOW THEREFORE the Denman Island Local Trust Committee, and the Trust Fund 
Board agree as follows: 
 
 
1.0 PURPOSE 
 
1.1 The purpose of this memorandum is to assist the Islands Trust Fund Board ("Board") in 
the discharge of its statutory responsibilities while ensuring that the Denman Island Local 
Trust Committee is able to discharge its statutory responsibilities and duties.  This 
protocol is also intended to promote procedural certainty and fairness for land owners 
and land use applicants involved in the land use regulation process on any island within 
the Islands Trust Area. 
 
1.2 This memorandum seeks to promote cooperation and communication between the 
Board and the Denman Island Local Trust Committee in order to achieve the purposes 
set out in section 1.1. 
 
 
2.0 ROLES AND RESPONSIBILITIES 
 
2.1 Under the Islands Trust Act the Board is a corporation with the responsibility to carry out 
the object of the Islands Trust by administering and managing property of the Islands 
Trust Fund.  The Board is required by the Islands Trust Act to create and implement a 
plan for the acquisition, management and disposal of land. 
 
2.2 The Denman Island Local Trust Committee is given the responsibility under the Islands 
Trust Act to carry out the object of the Islands Trust by regulating the development and 
use of land within the Denman Island Local Trust area and by enforcing bylaws of the 
Denman Island Local Trust Committee. 
 
 

 
 2 
3.0 CONSULTATION PROCESS 
 
Local Trust Committee Bylaws 
 
3.1 Where the Denman Island Local Trust Committee considers a draft bylaw may have an 
impact on the responsibilities of the Board, the Denman Island Local Trust Committee 
will refer the draft bylaw to the Board for comment by the Board before any public hearing 
is held regarding the bylaw.  The Denman Island Local Trust Committee will consider 
Board comments on the bylaw received by the Denman Island Local Trust Committee 
before the public hearing. 
 
Trust Fund Plan 
 
3.2 The Board will refer to the Denman Island Local Trust Committee any revisions to or 
replacement of the Trust Fund Plan for comment before the plan is submitted for 
approval in accordance with the Islands Trust Act. 
 
Donations Intended for Board 
 
3.3 If a land owner who has made an application to the Denman Island Local Trust 
Committee proposes to donate an interest in land or money to the Board in connection 
with the application, the Denman Island Local Trust Committee will refer

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