Trust Status Oct 26

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This document discusses the trust status of different municipalities and the requirements for establishing a land trust. The City of Vancouver has an established trust while Surrey and Langley are under review. A land trust is a separate legal entity with its own board and management that operates on policies set by the municipal council. It would only apply to publicly owned lands and requires council approval for zoning, development terms, and developer selection while the trust provides input on project character.

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TRUST STATUS Trust Users ,[object Object],Under Review ,[object Object]

Township of LangleyOctober 26, 2009

TRUST WORKS ,[object Object]

Governing board

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Trust Status Oct 26

1.

2. Township of LangleyOctober 26, 2009

3.

4. Governing board

5. Appointed director/manager

6. Separate financial status

7.

8. Forum??? and character – Council

9. Disposition terms – Trust/Council

10. Developer selection – Trust/Council