Minutes, 1990 November 14

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page  12 
Schoharie Land Trust Steering Committee 
minutes of 14 November 1990 meeting 
 
  The regular meeting of the Schoharie Land 
Trust Steering Committee was called to order by 
Bob Smith at 8:04 PM at the Cooperative 
Extension Office in Cobleskill on Wednesday 14 
November 1990 
 
 Members present: 
 
 Elliott Adams 
 
Deloris 
Cooper 
 
 Carroll Garner 
 
Dorothy Garner 
 
 Ken Hotopp 
 
Dan Kelly 
 
 Ken Leaycraft 
 
Eugene McCaffrey 
 
 Mary Jo O'Donnel 
 
Carl 
Sand 
 
 Sandra Scouten-Ford  
Robert 
Smith 
 
 John Townsend 
 
Amy White 
MEMBERSHIP: It was agreed to establish a $15 
voting membership, additionally the 
Board of Directors will establish some 
higher levels of contribution. 
BROCHURE: It was agreed that work should go 
forward on a brochure describing the 
Schoharie Land Trust. 
DISCUSSION: This was a general discussion of the 
pitfalls and potentials, and innovative 
ideas for land trusts, including the 
following: 
-two interlocked agencies, one a 501-c-3 and one 
a 501 
 
 -c-2 
-need to look at the farm practices on land 
held by trust -it is costly to maintain an 
easement 
-"transfer tax" a tax on the rapid turn over 
of land -Vermont funnels transfer tax 
revenues into land trusts -American Farmland 
Trust will hold any land or easements  
for Schoharie Land Trust until it is 
incorporated and has its tax exempt status 
-family can contribute a farm to a Trust and 
have a lease for themselves and their 
progeny as long as they farm 
-municipalities purchase easements and give 
them to a trust to administer 
-small acreage could be leased for "new wave 
farming" -"Agribucks" a local currency sold 
at 90% of face value  
in the spring redeemable at full value for 
produce in fall 
LIBRARY: Schoharie Law Library will make space 
available for land trust information. The 
consensus was that other libraries would be 
more accessible. Perhaps each library should 
have a small file on land trusts. 
CATSKILL CENTER is sending information on fund 
raising. 
DEC ADVISORY BOARD lost all funding since the 
environmental bond act was turned down 
 
   
  
 
 
page 13 
NEXT MEETING: It was agreed that the next 
meeting will be on 12 Dec 1990 from 8pm to 
10 pm at the Cooperative Extension Office 
in Cobleskill. 
MINUTES of the 10 October 1990 meeting were 
approved. ADJOURNMENT: The meeting was adjourned 
at 10:05pm. 
 
   
  
Elliott D. S. Adams 
 
   
  
Recording Secretary, 
pro tem. 
 

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