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TLC
The Land Conservancy
of British Columbia
5793 Old West Saanich Road
Victoria, B.C. V9E 2H2
(250) 79-8053 Fax (250) 7-2251
WildWood Appeal
November 26, 2000,
Urgent appeal Re: Merve Wilkinson Property - Wildwood.
About 16 months ago The Land Conservancy became aware of a very difficult
situation at Wildwood. We found that upon Merve's death the property would
transfer to a previous partner and would be sold for development.
TLC began negotiations (with Merve's blessing) with his former partner and
after the land and timber appraisal, eventually completed a very complicated
arrangement. If it can be funded, it will provide for Merve's needs and see
Wildwood preserved in perpetuity as an ecoforestry demonstration and learning
facility.
The basic details of the agreement are: The total appraised value of the
property and timber is 1,010,000 Merve owns 25% of the property. The other
owner's share can be purchased for 760,000. This purchase will occur over a
30 month period starting December 20th 2000. To purchase this share TLC must
raise the down payment of 160,000 by December 20th 2000 and be comfortable
that we can then make regular monthly payments of 20,000 plus interest for
the next 30 months.
Merve has generously agreed to donate a 15% interest in the property of TLC
immediately. He has further agreed to sell to TLC the remaining 10% interest
in the property on a 10 year term with 2 very special provisions which allow
us to pay him sooner in the event of an emergency need on his or Anne's part
and with the agreement that any outstanding balance will be forgiven in the
event of both of their deaths.
Merve and Anne will continue to live and work on the property as long as
either of them lives. Merve will be directly involved in the planning and
management of Wildwood. The property will be covenanted in perpetuity and it
is out intent to lease it to the Ecoforestry Institute for its operation.
TLC is already discussing the construction of a small accommodation facility
on the site for use by student groups.
There are other small details to work out but I am absolutely certain that,
if we can fund the purchase, Wildwood will be protected in perpetuity and
that we have made a very good arrangement for Merve.
The problem now is to assemble the money to make it happen. There is very
little time. I urgently need your help and the help of those others who know
and love Merve, Ann and Wildwood.
I am asking you directly to consider an immediate donation and a pledge to
help with the monthly payments.
I would also ask that we be able to announce the donation publicly to help
inspire others to respond and respond quickly.
Thank you for considering this request. Together we can save Wildwood for
future generations. We can not let Merve's life work be lost.
Sincerely
Bill Turner,
Executive Director (Volunteer)
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