The Terrace Community Forest (TCF) has presented the City of Terrace a cheque for $750,000 in revenue in recognition of National Forest Week.
The amount of money generated by tree harvesting in the area that TCF manages were given to Terrace Mayor Carol Leclerc on Sept. 19.
“The city is grateful for the good work Terrace Community Forest does as stewards of some of our most treasured landscapes. We are also happy we could celebrate this transfer of funds just as National Forest Week kicks off,” says Leclerc in a city press release.
READ MORE: Terrace Community Forests moves forward on forest-thinning project
From Sept. 22 to 28 this year, National Forest Week is celebrated across the country annually to raise awareness about the forests and its importance to our nation’s economy, culture, traditions and history.
TCF is an independently operated logging company owned by the city which is managed by an appointed board of directors to harvest trees nearby. They allow an annual cut of approximately 30,000 cubic metres, which equals to about 600 loaded logging trucks. TCF holds a long-term Community Forest Agreement with rights to harvest crown timber within the area, 10 per cent of which is comprised of overcrowded second-growth forests.
“This cheque is an accumulation of hard work and good market conditions over the last couple years,” says Kim Haworth, General Manager of TCF in the press release.
“A lot of second-growth forests in our operating areas are too dense for the trees to grow properly. By thinning out these areas, we promote biodiversity while also creating a revenue stream for the City and grant opportunities for the community. You can see examples of this type of growth at Onion Lake and the cross-country ski trails.”
READ MORE: Budget 2019: Here’s how the City of Terrace is spending your money
Since 2007, the City of Terrace has received $1.2 million from TCF. Some of that money is allocated towards projects in the city, such as the Kitsumgallum Cemetery lookout and Howe Creek Trail.
The TCF also gives out grants to community groups providing recreational opportunities for the public, including My Mountain Co-op, Skeena Valley Golf & Country Club, Terrace Off-Road Cycling Association, Terrace Search and Rescue, and others.
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