Annual Meeting August 16, 2014

30th Anniversary

364 Acres!

Wellfleet Conservation Trust

Board of Trustees (08/16/14)

Susan Anthony William Iacuessa

Richard Ciotti Gary Joseph*

Dwight Estey Dennis O’Connell

Deborah Freeman Virginia Page

Mark Gabriele Donald Palladino

Peter Hall Mary Rogers

Ned Hitchcock Marcia Seeler

* Founding Trustee

Founding Trustees – 1984

Helen Aaron Henry C. Atwood

Janet R. Bell Steven Blacher

Durand Echeverria D. Allen Frazier

Robert Hankey Gary J. Joseph

Richard F. Lay William Magenau

William S. McCord Linda B. Miller

Helen Olsen John Wallace

Richard Wallace

Wellfleet Conservation Trust

Wellfleet Conservation Trust

AGENDA Business Meeting

Activities Report

CCNS initiative – Mark R. Robinson

Mark Borrelli, Ph.D.

Wellfleet Conservation Trust

Nominations Report

Gary Joseph, Trustee

Wellfleet Conservation Trust

Candidate for Trustees until 2017

Dwight Estey

Peter R. Hall

Gary Joseph

Mary Rogers

Wellfleet Conservation Trust

Board of Trustees terms ending

2015 2016 2017

Freeman Anthony Estey

Gabriele Ciotti Hall

Hitchcock Iacuessa Joseph

O’Connell Page Rogers

Seeler Palladino

Wellfleet Conservation Trust

Treasurer’s Report

Donald Palladino, Treasurer

Wellfleet Conservation Trust

2013 2012 2011

Number of Contributions 409 294 214

Income ($ in thousands)

Contributions 147 185 181

Sale of CR 100 -

Total Income 147 285 181

Wellfleet Conservation Trust

Expenditures ($000’s)

2013 2012 2011

Property Acquisition 249 290 209

Expense

Program Services 23 34 29

Management & General 9 9 8

Fundraising 8 3 3

Total Expenditure 40 46 40

Wellfleet Conservation Trust

Note: Land acquisition over three years valued at $539,000

Wellfleet Conservation Trust

Financial Summary– As of August 1, 2014

Cash Assets ($000)

Operating Funds 29

Land Acquisition Fund 147

Boelhouwer Fund 14

Legal Defense Fund 26

Total: $216

Wellfleet Conservation Trust

Activities Report

Dennis O’Connell, President

Mission

To conserve Open Space for

enjoyment by current and

future generations.

Wellfleet Conservation Trust

Open Space Justification

•Ecosystem Resilience

•Fresh water quality & quantity

•Absorb carbon & nitrogen

•Storm water runoff

•Wildlife habitat - Fauna & Flora

•Serenity, Recreation, Appreciation

Wellfleet Conservation Trust

Open Space Techniques: •Regulatory

•Zoning bylaws

•Environmental & Health Regulations

•Non- Regulatory (open space conservation)

• Government Sector – CCNS, State & Town

• Private Sector

•Deeded ownership

• Conservation Restrictions - Easements

Wellfleet Conservation Trust

Wellfleet Open Space Owners

•Cape Cod National Seashore 6,195 Acres

•Mass Audubon (Owned) 842

•Conservation Trust (Owned) 293

•Town Conservation Commission 97

•Commonwealth of Mass (DFW) 65

Wellfleet Conservation Trust

New England Forestry Foundation

(NEFF) – Land Trusts are exempt from

Local Property Tax

Massachusetts Supreme Judicial Court said:

•Relieves the burden of Government

•Article 97

•Performs work for the public good

•Ecosystem resilience

•Recreation, scenic views, education

Wellfleet Conservation Trust

Wellfleet Conservation Trust

Wellfleet Conservation Trust

Wellfleet Conservation Trust

Wellfleet Conservation Trust

Thru August 2014

WCT Holdings

Fee Holdings 293 Acres

CR Holdings 71 Acres

TOTAL 364 Acres

111 Parcels

Wellfleet Conservation Trust

Recent Completions

Delbanco 0.15 Ac.

Wiley/Magenau 0.99

Paine 0.36

Wellfleet Conservation Trust

Chipman’s Cove

Wellfleet Conservation Trust

Wellfleet Conservation Trust “Guided Walk in Wellfleet”

2007 Herring River & Griffiths Island

2008 Bound Brook Island

2009 Ponds and Back Shore

2010 Blackfish Creek & Drummer Cove

2011 Central District, Duck Creek

2012 Indian Neck

2013 Old Wharf Point

2014 Fresh Brook Village

Wellfleet Conservation Trust 8th Annual “Guided Walk in Wellfleet”

Appreciations:

Land and Monetary Donors

The Compact of CC Conservation Trusts

Town of Wellfleet – OSC/ConsCom

AmeriCorps and volunteers

Challenges:

Resources & Readiness

Opportunities

Wellfleet Conservation Trust

Wellfleet Conservation Trust Mill Hill Island

Wellfleet Conservation Trust

Mark Borrelli, Ph.D. Chair, Marine Geology at

Provincetown Center for Coastal Studies

“Sea Level Rise in Wellfleet”