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Conserving land and water in Lake Placid and the Ausable and Saranac River watersheds

LPLC Revolving Project Fund

In 2015, the LPLC board of directors established a land conservation project fund  dedicated to providing financial support for conservation projects. Under the terms of the revolving project fund policy, the board will consider using revolving project funds for new projects that have not been provided for under a current or projected organizational budget or on a temporary basis for approved projects which face unexpected, increased costs.

The fund provides LPLC with the resources and flexibility to actively pursue new conservation opportunities as they arise as well as ensure completion of existing conservation projects. Revolving Project Fund resources are used primarily to fund transactional costs for conservation projects, including purchase of land in fee, bargain sale purchases or conservation easements.