Setup: 18-Jul-2012 
While Parks, Forestry & Recreation (PFR) has been centrallizing over the past few years, several Ward 18 parks have been operating in a semi-autonomous way for that time. Then PFR implemented a "compliance" program to get Ward 18 to conform to the centralized way of doing things.
The Ward 18 parks have been very successful (productive) in their decentralized approach. PFR, with its centralized approach, not so much.
So the idea of the conservancy is to "conserve" the benefits gained over the past 20 years in terms of productivity. No extra money, just a more productive way of doing things.