General Manager’s Message
Terrace Community Forest LLP (TCF) was granted a probationary area based forest tenure on June 21st 2005 allowing for the annual harvest of 30,000 cubic meters of timber. This equates to approximately 600 loaded logging trucks. The Terrace Community Forest Limited Partnership (TCF) is now requesting an increase in the allowable annual cut from 30,000 m3/year to 57,160 m3/year.
TCF’s operating license is focused within a defined land base covering three operational areas. These operating areas include a portion of the Kitimat Valley incorporating the Nordic Ski Trails, Amesbury/Shames including My Mountain Co-op and Deep/Spring Creek including the LaLa Valley and Steinhoe trail systems.
TCF is a private company owned by the City of Terrace and in turn is managed by an appointed Board which gives direction to the General Manager to carry out the general operation of the forest tenure. The City of Terrace is not involved in the day-to-day operations of the company. To stay in business and provide resources to the Community as a whole, TCF must generate its own cash flow through resources available within the license agreement document. It is expected the primary generator of revenue will come from the development of the timber resource.
TCF’s primary mandate is to create employment opportunities within our community while supporting recreational/community groups who provide a wide range of recreational activities within not only TCF’s operating areas but the Community at large.
Once a revenue stream is developed and funds become available and are surplus to operational needs, money will then be granted to community groups who are providing recreational opportunities to the Community. The granting process developed by the Board of Directors and acceptable to our City partner will be used to select candidates for the grants. Funds in excess to our granting process will then be given to the City of Terrace to meet other community priorities. Funds generated by TCF will stay within our community.
TCF as a company must show a positive return on investment. TCF although not driven solely by the highest economic return must maintain a positive balance sheet therefore only development projects falling into this category will be undertaken. TCF will only harvest within any timber profile where a high utilization can be achieved.
TCF will also become pro-active in developing and implementing wildlife projects which benefit our local eco-systems and Community. In stream fish work in Spring Creek and other wildlife projects involving Goshawks and local Bat species are also high priorities for TCF.
Sincerely,
Kim Haworth, RPF, General Manager
