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Conservation College 101 Fiduciary Responsibilities & Board Roles

Conservation College 101 Fiduciary Responsibilities & Board Roles. Presented by Mark Cronquist, Regional Conservation Specialist Colorado State Conservation Board Janette Terry, Conservation Specialist Colorado State Conservation Board. Fiduciary. Word originated from:

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Conservation College 101 Fiduciary Responsibilities & Board Roles

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  1. Conservation College 101Fiduciary Responsibilities & Board Roles Presented by Mark Cronquist, Regional Conservation Specialist Colorado State Conservation Board Janette Terry, Conservation Specialist Colorado State Conservation Board

  2. Fiduciary Word originated from: Latin word “fides” meaning FAITH. Latin word “fiducia” meaning TRUST

  3. Fiduciary Responsibility A legal relationship of confidence or trust between two or more parties.

  4. Conservation District Supervisors Elected public officials with fiduciary responsibilities and duties. YOU ARE A FIDUCIARY!!

  5. As a fiduciary: • You ALWAYS act in good faith. • You ALWAYS are loyal to your responsibility, and • You ALWAYS act in a way deserving of the trust placed in you by the people you represent

  6. Supervisors are responsible for: • District accountability • Public Credibility These district characteristics are built by: • Following state/federal laws • Developing and implementing district bylaws • Following accepted business principles and practices

  7. Associate Board Members • Soil Conservation Act requires the district be governed by board of elected supervisors or supervisor(s) appointed to elected position • Act requires SET number of supervisors from 5 to 11. • Number of supervisors must be specified in the district bylaws. • Associate supervisors can be appointed, if allowed by district bylaws • No authority to vote. • No authority to be considered a supervisor to meet quorum requirements.

  8. Board Responsibilities • Administration – administrative body of district. • Definite meeting agendas • Reach definite decisions and properly record decisions • Develop a long-range program for the district • Invite landowners/other interested parties to meetings for consultation/advice • Implement fundraising and ensure district financial sustainability

  9. Board responsibilities – cont’d • Policy – Establish policies to guide the board and employees with day to day operation of the district • District Programs – Develop district programs • Education • Staff Supervision

  10. Board responsibilities – cont’d • Participation at local, state, watershed, and national levels • Supervisor Recruitment

  11. Other Fiduciary Responsibilities • Open Meetings • Meeting Quorum • Executive Sessions • Sunshine Law

  12. Detailed information regarding the content in this presentation can be found in the CSCB’s on-line Reference Manual . This manual can be accessed at the following link: http://www.colorado.gov/cs/Satellite/Agriculture-Main/CDAG/1243429546417

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