Ownership, Governance and Management

This work group will recommend ownership and governance models for the Kerr-Tar Hub and a management approach and structure.

Members

Meeting Notes
> Dec. 15, 2003 Meeting
> June 12, 2003 Meeting
> April 23, 2003 Summary

Charge

• Review the various ownership and governance models introduced in the OED report and elsewhere in common practice. Evaluate each model’s pros and cons in the context of Region K and this project.
  
  • Who should own the property? ( Does that suggest a certain ownership entity (authority, not-for-profit corporation, etc.?)
  • What percentage of sites should be leased and sold?
  • What body should govern the hub and how should that body be constituted?
    
• Review the various management models introduced in the OED feasibility report and elsewhere in common practice. Evaluate each model’s pros and cons in the context of Region K and this project.
  
  • Who should develop the property? Manage it on an ongoing basis?
  • Does that require the creation of any new entities?
  • What role, if any, should the counties play in staffing?
  • To whom is management accountable?
    
• Develop principles of fair revenue-sharing around which there would be a consensus. For example, recognition of tier status, recognition of prior financial investment in a site, enough stake for all to have incentive to market it.
  
• Draft some of the language on management and financing to be considered for inter-local agreements.