Revolving Fund
The TLC uses some of its resources to seek and acquire properties with important natural values to 'revolve'. Once the TLC has acquired a revolving fund property it protects the natural values with a Conservation Covenant then seeks a new owner to buy and care for the property. Once a property has been sold the TLC uses the money from the sale to acquire more property.
SOLD - King Island - Colliers Forest Reserve - 143ha
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SOLD - Orchid heaven - A rare and important woodland property near the beach, 15 minutes from Devonport.
19 Hectares.
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19 Hectares.
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"Why would you buy a block of woody weed that can't be cleared and turned into a valuable piece of 'productive' land?" - Kate Ravich reflects on her reasons for purchasing a property through the TLC's revolving fund.
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