Frequently Asked Questions
1.What happens to my money if you are not able to buy land or the Society fizzles out before land is acquired?
The Board members are involved for the long term and are absolutely determined to acquire agricultural land on the Penders. However, as stated in the Society’s by-laws, if by some calamity the Society dissolves “…the assets which remain after payment of all cost, charges, and expenses which are properly incurred in the winding up shall be distributed to a registered charity or registered charities in British Columbia, as defined in the Income Tax Act (Canada), as may be determined by the members of the Society at the time of winding up or dissolution.”
2. What will you do with the purchased land?
The P.I. Community Farmland Acquisition Society is developing a Whole Farm Plan.
This Whole Farm Plan outlines our agricultural, conservation and educational objectives. While still in draft form, our ideas for land-use include Society-managed agricultural projects, such as nut and fruit orchards, olive groves, berries and bees. In addition, the Society will provide opportunities for new and existing farmers to rent farmland for small-scale, sustainable farming and educational purposes. These land rental opportunities will provide secure, long-term land-use agreements for farmers. Also envisioned in the Whole Farm Plan are walking trails, community gardens, educational programs and growing co-ops, for such crops as potatoes.
Read more about Whole Farm Planning
3. How will you ensure that the land is held in perpetuity for the community?
In order to hold the acquired farmland in perpetuity, the Society will work towards developing agricultural covenants. Agricultural covenants on the farmland portion of the acquired land could be held by The Land Conservancy of B.C. other natural habitat portions could be held by the P.I. Conservancy Association.