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Emergency meeting called for N.C. Natural Heritage Trust Fund board
Story Date: 12/14/2011
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Source: PRESS RELEASE, 12/13/11
The board members for the North Carolina Natural Heritage Trust Fund have scheduled an emergency meeting for 2:30 p.m. Wednesday to discuss plans to reallocate unused funds from a project that did not come to fruition.
No monetary awards will be made during tomorrow’s meeting.
At the meeting, the board will set deadlines for parties applying for the funds and schedule a separate meeting to make awards from the unused money. An agenda for tomorrow’s meeting is posted on the trust fund board’s website, www.ncnhtf.org.
Tomorrow’s meeting will be held via conference call and is open to the public. The call-in number for the meeting is (919) 571-4162.
The Natural Heritage Trust Fund is one of the state’s four funding mechanisms used to conserve environmentally valuable land in North Carolina. The trust fund is supported by 25 percent of the state’s portion of the tax on real estate deed transfers and a portion of the fees for personalized license plates. These sources now generate about $12 million each year. Since its creation in 1987, the trust fund has contributed more than $328 million to support the conservation of more than 298,000 acres.
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