Edition 28, Summer 2011 - Burnett Mary Regional Group

Transcription

Edition 28, Summer 2011 - Burnett Mary Regional Group
1DWXUDO0DWWHUV
1(:6/(77(5)25%851(770$5<5(*,21$/*5283
3
6800(5(',7,21
0 H U U \ &K ULV W
IURP D OO D W % 0
P D V
5*
%XUQHWW
0DU\5HJLRQ
UHFRJQLVHGLQ
4XHHQVODQG
/DQGFDUH
$ZDUGV
3,&785('*OHQEDNHULQ
DFWLRQDVSUHVLGHQWRI1RUWK
%XUQHWW/DQGFDUH0U%DNHU
ZRQWKH$XVWUDOLDQ*RYHUQPHQW
,QGLYLGXDO/DQGFDUHU$ZDUGDWWKH
4XHHQVODQG/DQGFDUH$ZDUGV
KHOGDW*RYHUQPHQW+RXVHLQ
6HSWHPEHU)XOOVWRU\RQSDJH
,17+,6,668(
7HFKQRORJ\DQGIDUPLQJPDNHD
GLIIHUHQFHWRWKH5HHI
6KRUHELUGV$PEDVVDGRU3URJUDP
IRU3ULPDU\6FKRRO6WXGHQWV
6KLQHV
3DGGRFNWR5HHI)LHOG'D\VVKRZV
$XVWUDOLD=RRWR$VVLVWLQWKH*UH\
3URPRWLQJ3DUWQHUVKLSVWKURXJK
&RPPXQLW\FRQVXOWDWLRQVRXJKWIRU
SURGXFHUVWKHZD\
WKH5HJLRQDO/DQGFDUH)DFLOLWDWRU
3URMHFW
1XUVH6KDUN5HVHDUFK3URMHFW
:%%1503ODQ
$&KULVWPDV0HVVDJHIURPWKH&KDLU
$VGUDZVTXLFNO\WRDFORVH,UHÀHFWRQZKDWKDVEHHQDKHFWLF\HDUIRUWKHQDWXUDOUHVRXUFH
PDQDJHPHQWVHFWRUDQGIRU%05*DVZHOO
'HVSLWH0RWKHU1DWXUH¶VHDUO\\HDUWHPSHVWZHKDYHFRQWLQXHGWRUROORXWDQLPSUHVVLYHDUUD\RIRQ
JURXQGSURMHFWV7KLVLVWHVWLPRQ\WRWKHKDUGZRUNDQGXQVWLQWLQJHIIRUWVRIRXUVWDIIDQGSDUWQHUV
WKURXJKRXWWKHUHJLRQ7KLV1DWXUDO0DWWHUVLVVXHKLJKOLJKWVWKHUHFHQWZRUNZHKDYHGRQHLQ
PDQDJLQJWKHUHJLRQVQDWXUDOUHVRXUFHV
7KH*UHDW6DQG\±0DQDQGWKH%LRVSKHUHSURMHFWFRQWLQXHVWREXLOGPRPHQWXPZLWKDUDQJHRI
DFWLYLWLHVFRQGXFWHGLQUHFHQWPRQWKVWKDWKDYHLGHQWL¿HGSRWHQWLDORSSRUWXQLWLHV%XLOGLQJDZDUHQHVV
DQGDIRFXVRQHPSKDVLVLQJWKHLQWHUGHSHQGHQFHEHWZHHQKX0$1DQGWKHHQYLURQPHQWZKLFKSURPRWHVVXVWDLQDEOHHFRQRPLF
DQGHQYLURQPHQWDOKHDOWKDUHFHQWUDOWKHPHVWKDWDUHEHLQJSURJUHVVHG,QWKHQHDUWHUPD*UHDW6DQG\±0DQDQGWKH
%LRVSKHUHZHEVLWHZLOOEHRSHUDWLRQDO6WD\WXQHGDQG¿QGRXWKRZ\RXFDQJHWLQYROYHGLQ\RXU%LRVSKHUHULJKWKHUHLQRXU
UHJLRQ
,ZRXOGOLNHWRWDNHWKLVRSSRUWXQLW\WRWKDQNRXUPDQ\SDUWQHUVZKRKDYHDVVLVWHGLQWKHGLYHUVHUDQJHRI150DFWLYLWLHVZH
KDYHEHHQLQYROYHGLQWKLV\HDU
2QEHKDOIRIWKHERDUGDQGVWDIIRI%05*,DOVRH[WHQGRXUEHVWZLVKHVWRDOORXWWKHUHIRUDKDUPRQLRXV&KULVWPDVVHDVRQ
DQGD1HZ<HDUWKDWEULQJVZKDW\RXZLVKIRU
(YHO\QH0HLHU
&KDLU%05*
$WWKH+HOP
7KHUHLVSOHQW\LQWKLVHGLWLRQRI1DWXUDO0DWWHUVWRXSGDWH\RXRQ150DFWLYLWLHVDURXQGWKHUHJLRQ
7KHVKHHUQXPEHUUDQJHDQGGLYHUVLW\RISURMHFWVZHDUHDEOHWREHLQYROYHGLQLVH[FLWLQJ
5LSDULDQUHKDELOLWDWLRQZHWODQGFUHDWLRQDQGRWKHUZDWHUTXDOLW\ZRUNVZLWKSULPDU\LQGXVWU\SDUWQHUV
ZHHGVDQGSHVWVSHFLHVFRQWUROWKH*UHDW6DQG\±0DQWKH%LRVSKHUHSURMHFWDQGRWKHUFRPPXQLW\
HQJDJHPHQWDFWLRQV,QGLJHQRXVFXOWXUDODQGKHULWDJHSURMHFWV±WKHOLVWLVORQJDQGYDULHG
,WDNHJUHDWVRODFHLQWKHNQRZOHGJHWKDWHDFKRIRXUDFWLYLWLHVLPSDFWVSRVLWLYHO\XSRQRXUUHJLRQ¶V
QDWXUDOUHVRXUFHVDQGDVZHGUDZWRZDUGVWKHHQGRIDQRWKHU\HDUUHÀHFWZLWKSULGHXSRQWKHHIIRUWVRI
RXUVWDIILQKHOSLQJWRUHDOLVHRXURUJDQLVDWLRQDODLPV
:HKDYHEHHQIRUWXQDWHUHFHQWO\WRUHFUXLWVHYHUDOQHZVWDIIZKRKDYHVHDPOHVVO\DGGHGWRRXUSURMHFWDFWLYLWLHVDQGEURXJKW
LQDGGLWLRQWRWKHLUUHVSHFWLYHVNLOOVDQHQHUJ\DQGHQWKXVLDVPIRU150WKDWZLOOEHQH¿WWKHRUJDQLVDWLRQPRYLQJIRUZDUG
$WODVWPRQWK¶V$*0ZHZHOFRPHGQHZ%RDUGPHPEHUV/LQGVD\&XQQHHQ/DQFH6WRQH'DOH+ROOLVVDQG&ROLQ&KDSPDQDQG
RXUERDUGLVQRZIXOO\UHSUHVHQWHGZLWKLQHDFKRIRXUVHFWRUV
:HQRZKDYHWKHFDSDFLW\WRIXOO\UHDOLVHRQHRIRXUNH\JRDOVLPSURYHGFRPPXQLFDWLRQDQGHQJDJHPHQWZLWKRXUPDQ\
YDOXHGSDUWQHUV±DQGWKLVZLOOEHRXUNH\IRFXVJRLQJIRUZDUG
,I\RXDUHUHDGLQJWKLV\RXDUHDYDOXHGVWDNHKROGHULQRXUDFWLYLWLHV$VSDUWRIWKLVDQGIXWXUHHGLWLRQVZHDUHDFWLYHO\VHHNLQJ
\RXUFRPPHQWVDQGLGHDVRQ1DWXUDO5HVRXUFH0DQDJHPHQWDQGHQFRXUDJH\RXWRDFWLYHO\SDUWLFLSDWHLQSURYLGLQJIHHGEDFN
3OHDVHUHIHUWRWKH³<RXU150*URXS1HHGV<RX´VHFWLRQRIWKLVQHZVOHWWHUIRUGHWDLOV
/LNHPDQ\150RUJDQLVDWLRQVZHDUHVXEMHFWWRWKHYDJDULHVDQGUHVWULFWLRQVRIDYDLODEOHIXQGLQJ:HDUHSOHDVHGKRZHYHUWR
EHDEOHWRPDNHVRPHJUDQWIXQGVDYDLODEOHWRFRXQFLOVFDWFKPHQWODQGFDUHDQGVWDNHKROGHUJURXSVIRUVSHFLDOSURMHFWV:H
KDYHZULWWHQWRDOOVXFKJURXSVLQWKHUHJLRQDQGGHWDLOVDUHDOVRRQRXUZHEVLWH
,DPORRNLQJIRUZDUGWRDVZHPRYHWRZDUG¿QDOLVLQJRXUSURMHFWVDQGUHDOLVHVRPHH[FLWLQJRXWFRPHV$OOVLJQVLQGLFDWH
DQRWKHUZHWVXPPHUDQG,KRSHWKDWWKHUDLQVDUHEHQH¿FLDOUDWKHUWKDQGDPDJLQJDVZHH[SHULHQFHGODVWVXPPHU$OODW
%05*ZLVK\RXDQG\RXUORYHGRQHVDVDIHDQGKDSS\KROLGD\VHDVRQ
'DQQ\*UHHQ
*HQHUDO0DQDJHU
%05*1DWXUDO0DWWHUV
1HZ(GLWLRQV±%05*6WDII
%05*LVSOHDVHGDQGSURXGWRZHOFRPHVHYHUDOQHZHGLWLRQV
EULQJLQJWKHWHDPWRWRDIXOOFRPSOHPHQWLQWHUPVRIRSHUDWLRQ
VWDI¿QJOHYHOV
6DOO\)HQQHUKDVMRLQHG%05*DV
3DGGRFNWR5HHI3URMHFW2I¿FHU
5HORFDWLQJIURPGRZQVRXWK6DOO\
KDVKDGH[SHULHQFHLQ150LQ
7DVPDQLD
%UHQGDQ2¶%ULHQMRLQV%05*DVRXU
6HQLRU%LRGLYHUVLW\RI¿FHU%UHQGDQ
KDVSUHYLRXVO\ZRUNHGZLWK43:6
KHUHLQ%XQGDEHUJ
6DUDQQH*XLGLFHMRLQV%05*DV
RXU6XVWDLQDEOH/DQGVFDSHV3URMHFW
2I¿FHUDIWHUUHFHQWO\FRPSOHWLQJKHU
(QYLURQPHQWDO6FLHQFHGHJUHHDW
&48
0LFKHOOH+DDVHMRLQVXVIURP
2FHDQZDWFK$XVWUDOLDLQWKH5HJLRQDO
/DQGFDUH)DFLOOLWDWRUVUROH0LFKHOOH
KDVDJUHDWGHDORI150H[SHULHQFH
DQGEULQJVKHUH[WHQVLYHNQRZOHGJH
DQGFRQWDFWVWRWKLVFKDOOHQJLQJDQG
LPSRUWDQWUROH
5XWK3LFNWRQKDVFRPPHQFHGLQD
SDUWWLPHUROHDV,1))(5RI¿FHULQRXU
3ODQQLQJ(YDOXDWLRQDQG7HFKQRORJ\
GHSDUWPHQWZLWKWKHUHVSRQVLELOLW\RI
LPSOHPHQWLQJWKH,1))(5SODQQLQJ
SURFHVVHVIRUWKHRUJDQLVDWLRQ
$ZDUGV%ULQJ5LFKO\
'HVHUYHG5HFRJQLWLRQWR
/DQGFDUHUV
150HIIRUWVLQWKH%XUQHWW0DU\5HJLRQZHUHUHFRJQLVHGDW
WKH4/'/DQGFDUH$ZDUGVKHOGDW*RYHUQPHQW+RXVH
LQ%ULVEDQHLQ6HSWHPEHUZLWKWZRDZDUGVEHLQJZRQ
3UHVHQWHGE\WKH*RYHUQRURI4XHHQVODQG+HU([FHOOHQF\
0V3HQHORSH:HQVOH\$&3DWURQRIWKH4XHHQVODQG
:DWHUDQG/DQG&DUHUVWKHELHQQLDOFHUHPRQ\UHFRJQLVHV
H[FHOOHQFHLQLQGLYLGXDODQGFRPPXQLW\ODQGFDUHSURMHFWV
WKDWKDYHPDGHVLJQL¿FDQWFRQWULEXWLRQVWRWKHHQYLURQPHQW
$XVWUDOLDQ*RYHUQPHQW,QGLYLGXDO/DQG
&DUHU$ZDUG±0U*OHQ%DNHU
0U*OHQ%DNHUSUHVLGHQWRIWKH1RUWK%XUQHWW/DQGFDUH
*URXSZRQWKHDZDUGIRU$XVWUDOLDQ*RYHUQPHQW,QGLYLGXDO
/DQGFDUHU
1RPLQDWHGE\%05*0U%DNHU'VDZDUGZDVGHVHUYHG
UHFRJQLWLRQIRUWKHSURJUHVVKHKDVmDGHLQFRRUGLQDWLQJ
/DQGFDUHSURMHFWVLQWKH1RUWK%XUQHWW5HJLRQ
0U'DQQ\*UHHQ*HQHUDO0DQDJHURI%05*VDLG³+LV
HQWKXVLDVPDQGHQHUJ\KDVDFKLHYHGPDQ\VLJQL¿FDQW
RXWFRPHVZLWKLQKLVORFDODUHDLQFOXGLQJGHYHORSPHQW
RIWKH0RQWRERWDQLFJDUGHQVFRQFHSWDQGZLWKIXQGLQJ
WKURXJK%05*¶V%HWWHU&DWFKPHQWVSURJUDPLPSOHPHQWHG
WKHUHKDELOLWDWLRQRIWZRHQYLURQPHQWDOO\VLJQL¿FDQWZHWODQG
DUHDVDGMDFHQWWRWKH0RQWRWRZQVKLS:HDUHSURXGWRKDYH
QRPLQDWHGKLPDQGYHU\H[FLWHGE\KLVZLQ´
0U%DNHUYROXQWHHUVPXFKRIKLVWLPHDQGLVFRPPLWWHG
WR/DQG&DUHSULQFLSOHVDQGWKHSURPRWLRQRIVXVWDLQDEOH
SUDFWLFHVWRDEURDGDQGGLYHUVHDXGLHQFHIURPVFKRRO
FKLOGUHQWKURXJK&KLOGUHQ¶V/DQGFDUH'D\WRZRUNVKRSV
LQYROYLQJORFDOODQGRZQHUV
&KULV6WRQHKDVWDNHQWKHUROHRI
&RPPXQLFDWLRQVDQG(QJDJHPHQW
&RRUGLQDWRUPDQDJLQJWKH
RUJDQLVDWLRQVFRPPXQLFDWLRQVDQG
DOVRZRUNLQJRQWKH*UHDW6DQG\±
0DQDQGWKH%LRVSKHUHSURMHFW
5XWK7KRPDVKDVMRLQHG%05*
WRIDFLOLWDWHWKHSURGXFWLRQRIWKH
UHJLRQDO150SODQDVRXU150
3ODQQLQJ2I¿FHU5XWKLVORFDWHGLQ
0DU\ERURXJK
/HLOD/RYHWWMRLQV%05*LQWKH
+XPDQ5HVRXUFHVUROHPDQDJLQJ
%05*¶VUHVSRQVLELOLWLHVWRLWVVWDII
DQGLPSOHPHQWLQJ:+6SUDFWLFHV
DQGVWDIIWUDLQLQJDQGGHYHORSPHQW
UHTXLUHPHQWV
%05*ZHOFRPHVHDFKRIRXUQHZVWDIIPHPEHUVWRWKHZRUOG
RI1DWXUDO5HVRXUFHPDQDJHPHQWZLWKLQWKH%XUQHWW0DU\
UHJLRQ
4/'/DQGFDUH$ZDUGVUHFLSLHQW0U*OHQQ%DNHUSODQWLQJWUHHVDV
SDUWRI1RUWK%XUQHWW/DQGFDUHJURXSVFRPPLWPHQWWRWKH%HWWHU
&DWFKPHQWVSURMHFW
%05*1DWXUDO0DWWHUV
7KH/HLJKWRQ+ROGLQJV,QGLJHQRXV
$ZDUG±%XQ\D0RXQWDLQV(OGHUV
&RXQFLO
7KH*UHDW6DQG\
±0DQDQGWKH%LRVSKHUH
7KH%XQ\D0RXQWDLQV(OGHUV&RXQFLOZRQWKH/HLJKWRQ
+ROGLQJV,QGLJHQRXV$ZDUGLQUHFRJQLWLRQRIWKHLUHIIRUWV
LQZRUNLQJWRZDUGVFXOWXUDOO\VXVWDLQDEOHODQGXVHDQG
HQKDQFLQJDQGSURWHFWLQJHQYLURQPHQWRQEHKDOIRIWKH
FRPPXQLW\
5HFRJQLVLQJWKDWHFRQRPLFGHYHORSPHQWDQGFRQVHUYDWLRQ
RIWKHHQYLURQPHQWFDQFRH[LVWLQKDUPRQ\LVWKHJRDORIWKH
81(6&2GHVLJQDWHG*UHDW6DQG\±0DQDQGWKH%LRVSKHUH
*60D%UHJLRQ
7KHDZDUGFHOHEUDWHVWKH%XQ\D0RXQWDLQV(OGHUV&RXQFLO's
DFKLHYHPHQWVLQSURMHFWVVXFKDVWKH0XUUL5DQJHUV.LGVRQ
&RXQWU\DQG,QGLJHQRXV+HULWDJHSURJUDPVDQGWKHSRVLWLYH
LPSDFWVWKHVHKDYHKDGLQFUHDWLQJLQGLJHQRXVHPSOR\PHQW
DQGHQJDJHPHQWRSSRUWXQLWLHVDQGLQFUHDVLQJWKHDZDUHQHVV
RIWKHFXOWXUDOVLJQL¿FDQFHRIWKH%XQ\D0RXQWDLQVDUHDDUH
FHOHEUDWHGE\WKHDZDUG
"7KLVDZDUGKLJKOLJKWVWKHUDQJHTXDOLW\DQGGLYHUVLW\RI
SURMHFWVWKDWRFFXUXQGHUWKHDXVSLFHVRI%05*DQGUHÀHFWV
SRVLWLYHO\RQWKHKDUGZRUNRIPDQ\SHRSOHDQGPD\EH
VLJQL¿FDQWIRUWKHIXWXUHRIWKHVHW\SHVRIDUUDQJHPHQWV
LQPDNLQJDUHDOGLIIHUHQFHWRHQYLURQPHQWPDQDJHPHQW
SUDFWLFHDQGWKHHQJDJHPHQWRILQGLJHQRXVFRPPXQLWLHV´
VDLG0U'DQQ\*UHHQ%05**HQHUDO0DQDJHU
8QFOH0DO&ROOLQJH%XQ\D0RXQWDLQV(OGHUV&RXQFLO
PHPEHUVDLG³:HFRXOGQRWKDYHFRPHDVIDUDVZH
KDYHZLWKRXWWKHKHOSDQGRIWKHORFDOODQGKROGHUVRQDQG
DURXQGWKHPRXQWDLQ7KHVXSSRUW%05*DQGRWKHUV
LQFOXGLQJ.HQ5LGGLIRUGRIWKH&RQGDPLQH$OOLDQFHDQG
WKH:HVWHUQ'RZQV5HJLRQDOFRXQFLOKDYHPDGHDUHDO
FRQWULEXWLRQWRSUHVHUYLQJWKHXQLTXHFXOWXUDOVSLULWXDODQG
QDWXUDOYDOXHVRIWKH%XQ\D0RXQWDLQV´
2QJRLQJDFWLYLWLHVGHVLJQHGWRLQFUHDVHDZDUHQHVVZLWKLQ
WKHFRPPXQLW\LQFOXGHLQWURGXFWLRQRID*60D%À\HUIRU
GLVWULEXWLRQWKURXJKRXWWKHUHJLRQDQGGHYHORSPHQWRIDQHZ
*UHDW6DQG\±0DQDQGWKH%LRVSKHUHORJR
$ZHEVLWHLVFXUUHQWO\EHLQJ¿QDOLVHGWKDWGH¿QHVWKH
REMHFWLYHVRIWKHSURMHFWDQGSURYLGHVGHWDLORQZKDWWKHWKH
*60D%LVDQGZKDWLWLVQRW7KHVLWHZLOOLQFOXGHFXUUHQW
SURMHFWVDQGDFWLYLWLHVQHZVDQGHYHQWVDQGDVHULHVRI
SRUWDOVIRUHDFKFRPPXQLW\FODVVL¿FDWLRQLH%XVLQHVV
6FKRROV7RXULVPRSHUDWRUVFRPPXQLW\JURXSVDQG
YROXQWHHURUJDQLVDWLRQVYLVLWRUVWRWKHUHJLRQDQGIDPLOLHV
DQGLQGLYLGXDOV7KHVHSRUWDOVZLOOHPSKDVLVHKRZWKHVH
FRPPXQLW\FODVVL¿FDWLRQVDUHDEOHWREHFRPHLQYROYHGLQDQG
IXUWKHUWKHDLPVRIWKH*60D%
7ZRDGYLVRU\SDQHOPHHWLQJVIDFLOLWDWHGE\%05*DQG
DWWHQGHGE\UHSUHVHQWDWLYHVIURPORFDOJRYHUQPHQWLQGXVWU\
DQGORFDOFRPPXQLW\JURXSVKDYHEHHQKHOGUHFHQWO\WR
GHWHUPLQHDIUDPHZRUNIRUIXWXUHFRPELQHGDFWLYLW\
":HKDYHUHDOO\WULHGWREXLOGXSRQWKHPRPHQWXPJHQHUDWHG
E\WKH*UHDW6DQG\±0DQDQGWKH%LRVSKHUHZRUNVKRSVWKDW
ZHUHKHOGHDUOLHULQWKH\HDU"VDLG'U(YHO\QH0HLHU&KDLURI
%05*
³%05*UHPDLQVWKHVROHIXQGLQJERG\DQGDXWKRULW\IRUWKH
*60D%SURMHFW,WLVFOHDUIURPRXUZRUNVKRSVDQGDGYLVRU\
SDQHOVWKDWWKHUHLVVXEVWDQWLDOLQWHUHVWLQDQGYDOXHWREH
JDLQHGIRUWKHHQWLUHFRPPXQLW\LQSURPRWLQJWKH*UHDW
6DQG\0DQDQGWKH%LRVSKHUHFRQFHSWEXWZLWKRXW
DGGLWLRQDOVXSSRUWIURPFRXQFLOVDQGRWKHUERGLHV
VKRZFDVLQJWKHUHJLRQVQDWXUDODVVHWVDQGVXVWDLQDELOLW\
DFWLRQVRQWKHZRUOGVWDJHWKDWWKH%LRVSKHUHGHVLJQDWLRQ
JLYHVXVLVYHU\GLI¿FXOW´6KHDGGHG
7KHEHQH¿WVRIDVXVWDLQDEOHEDODQFHEHWZHHQUHVRXUFHXVH
DQGUHVRXUFHFRQVHUYDWLRQDUHFOHDU'HYHORSLQJVWUDWHJLF
SDUWQHUVKLSVDQGJHWWLQJFRQWLQXHGLQYROYHPHQWIURPDOO
OHYHOVZLWKLQWKHFRPPXQLW\LVHVVHQWLDOLQVHFXULQJWKHIXWXUH
RIWKH*60D%FRQFHSW
0U'DQQ\*UHHQDQG(OGHUV&RXQFLOUHSUHVHQWDWLYHV$XQW\/XULHQH
+HQGHUVRQDQG8QFOH0DO&ROOLQJHZLWKWKH4/'/DQG&DUH$ZDUG
&217$&7
&KULV6WRQH70
(FKULVVWRQH#EPUJRUJDX
'U0HLHUHPSKDVLVHGWKDWWKHKXPDQFRPSRQHQWRIWKH
%LRVSKHUHLVLQWHJUDOWRWKHFRQFHSW(YHU\RQHLQWKH
UHJLRQLVSDUWRIWKH%LRVSKHUHDQGKDVDUROHWRSOD\
ZKHWKHULWLVSURYLGLQJLGHDVIRULQFUHDVLQJDZDUHQHVVRI
VXVWDLQDEOHDFWLRQVRUDFWLYHLQYROYHPHQWLQSURMHFWVWKDW
SURPRWHWKHXQGHUVWDQGLQJRISURFHVVHVWKDWHQFRXUDJH
VXVWDLQDEOHGHYHORSPHQW
:HFRQWLQXHWRDFWLYHO\VHHNLQSXWIURPDQ\RQHZKRZRXOG
OLNHWREHLQYROYHGLQIXUWKHULQJWKHDLPVRIWKH%LRVSKHUH7R
EHFRPHLQYROYHGSOHDVHFRQWDFW&KULV6WRQHIURP%05*
&217$&7
&KULV6WRQH
70
(FKULVVWRQH#EPUJRUJDX
%05*1DWXUDO0DWWHUV
5HHI5HVFXH6XPPDU\
7KH5HHI5HVFXHSURJUDPLVDNH\FRPSRQHQWRIWKH
$XVWUDOLDQ*RYHUQPHQW¶V&DULQJIRURXU&RXQWU\LQLWLDWLYHZLWK
DPDQGDWHWRLPSURYHWKHTXDOLW\RIZDWHUOHDYLQJFDWFKPHQW
DUHDVDQGHQWHULQJWKH*UHDW%DUULHU5HHI/DJRRQ
7KHSURJUDPVHHNVWRLPSURYHODQGPDQDJHPHQWSUDFWLFHV
DPRQJODQGRZQHUVWRUHGXFHWKHDPRXQWRIQXWULHQW
FKHPLFDOVDQGVHGLPHQWVOHDYLQJLQGLYLGXDOSURSHUWLHVDQG
LPSDFWLQJXSRQ5HHIZDWHUTXDOLW\
7KHSURJUDPIRFXVHVRQSULPDU\LQGXVWU\LQFOXGLQJ&DQH
+RUWLFXOWXUH*UD]LQJDQG'DLU\DQGSURYLGHVLQFHQWLYHVDQG
EHVWSUDFWLFHLQIRUPDWLRQIRUODQGKROGHUVWKDWPHHWVZDWHU
TXDOLW\DQGLPSURYHGSURGXFWLRQDLPV
.HHSLQJXSZLWKWKH7D\ORUV
)RUWKH7D\ORU¶VKDVEHHQDEXV\\HDUZLWKWKH
LQWURGXFWLRQRIWZRQHZSURMHFWVDFFHSWLQJDQDZDUG
LQ6\GQH\DQGUHSUHVHQWLQJWKH%XUQHWW0DU\UHJLRQ
LQ&DQEHUUD,Q6HSWHPEHU&RODQG-DQ7D\ORUZHUH
DFNQRZOHGJHGIRUWKHLUKDUGZRUNZKHQWKH\UHFHLYHGWKH
'LYHUVL¿FDWLRQ)DUPHURIWKH<HDU$ZDUG7KH7D\ORU¶V
SURSHUW\0DQJR3DUDGLVHLQ&RUGDOEDKDVEHHQLQWKHIDPLO\
IRUQHDUO\\HDUVDQGSURGXFHVVXJDUFDQHDYRFDGRHV
EDQDQDVPDQJRHVO\FKHHV¿VKDQGUHGFODZ&RODQG
-DQDOVRUXQDIDUPVWD\RQWKHSURSHUW\ZKHUHJXHVWVDUH
ZHOFRPHWRSDUWLFLSDWHLQDQXPEHURIIDUPDFWLYLWLHV$IWHU
UHFHLYLQJWKeirDZDUG&ROWUDYHOOHGWR&DQEHUUDWRUHSUHVHQW
WKH%XUQHWW0DU\UHJLRQDWWKH5HHI5HVFXH6KRZFDVH
7KH\KDYHEHHQVXFFHVVIXOLQVHFXULQJIXQGLQJIRUWZR
SURMHFWVIRFXVLQJRQWKHLQWURGXFWLRQRI*36WHFKQRORJ\LQWR
WKHLUIDUPLQJV\VWHPV7KHLQWURGXFWLRQRIWKLVWHFKQRORJ\
DLGVLQWKHLPSURYHPHQWRIFKHPLFDODQGVRLOPDQDJHPHQW
SUDFWLFHV,QVWDOOLQJD+HPLVSKHUHDXWRVWHHUV\VWHPDOORZV
WKHIDUPWRPRYHWRZDUGVDFRQWUROOHGWUDI¿FV\VWHP
8VLQJDFRQWUROOHGWUDI¿FV\VWHPIDFLOLWDWHVEHWWHUVRLO
PDQDJHPHQWSUDFWLFHDQGPLQLPLVHVWLOODJHRSHUDWLRQVDQG
VRLOFRPSDFWLRQ7KHXVHRI*36WHFKQRORJ\DOVRUHGXFHV
WKHRFFXUUHQFHRIRYHUODSGXULQJQXWULHQWDQGSHVWLFLGH
DSSOLFDWLRQDQGUHGXFHVWKHULVNRIVRLOHURVLRQ
7KH7D\ORUIDPLO\LVDOVRLPSOHPHQWLQJD]RQDOWLOODJH
V\VWHPWRIXUWKHULPSURYHWKHLUVRLOPDQDJHPHQWSUDFWLFH
7KLVLQYROYHVWKHFRQVWUXFWLRQDQGXVHRIDWKUHHURZULSSHU
7KHWKUHHURZULSSHULVXVHGWRFXOWLYDWHWKHVWRRODUHD
RQO\OHDYLQJWKHLQWHUVSDFHVXQGLVWXUEHG7KLVKHOSVWR
PLQLPLVHVRLOGLVWXUEDQFHDQGLPSURYHVRLOVWUXFWXUH%HQH¿WV
DVVRFLDWHGZLWKLPSURYHGVRLOVWUXFWXUHLQFOXGHEHWWHUZDWHU
KROGLQJFDSDFLW\DQGLQ¿OWUDWLRQDQGGHFUHDVHGUXQRIIDQG
HURVLRQ
$+LVWRU\RI+HOSLQJWKH5HHI
&RODQG-DQ7D\ORUWRJHWKHUZLWKWKHLUVRQ3DXOZHUH¿UVW
LQYROYHGLQ5HHI5HVFXHEDFNLQZKHQWKH\GHFLGHGLW
ZDVWLPHWRVWDUWPDNLQJFKDQJHVWRWKHLUODQGPDQDJHPHQW
SUDFWLFHV&ROIHHOVWKDW"WKH\RXQJHUJHQHUDWLRQDUHPRUH
RSHQWRWKHDGRSWLRQRIWHFKQRORJ\DQGVXVWDLQDEOHODQG
PDQDJHPHQWSUDFWLFHV"7KH¿UVWSUDFWLFHFKDQJHWRWDNH
SODFHZDVWRPDNHXVHRIZDWHUIURPDGUDLQDJHGDPIRU
LUULJDWLRQ:LWKWKHKHOSRI5HHI5HVFXHIXQGLQJDSXPSZDV
SXUFKDVHGDQGLQVWDOOHGVRWKDWZDWHUIURPWKHGUDLQDJHGDP
FRXOGEHUHXVHGWRLUULJDWHFDQHRQWKHLU&RUGDOEDSURSHUW\
6RRQDIWHULQVWDOOLQJWKHSXPSWKH7D\ORUV¶QH[WPRYHZDVWR
LPSURYHWKHLUKHUELFLGHDQGSHVWLFLGHPDQDJHPHQWSUDFWLFHV
7KH7D\ORU¶VUHFHLYHGWKHLUVHFRQG5HHI5HVFXHJUDQWLQ
IRUWKHSXUFKDVHRID07(;ZDWHUPHWHUDQGD
%5$92VSUD\UDWHFRQWUROOHU,QVWDOOLQJWKHZDWHUPHWHU
DOORZHGWKHH[DFWZDWHUUDWHUHTXLUHGIRUVSUD\LQJWREHXVHG
DQGWKHVSUD\UDWHFRQWUROOHUPHDQWWKDWWKHDSSOLFDWLRQRI
FKHPLFDOVFRXOGQRZEHSUHFLVHO\PDWFKHGWRWKHGULYHVSHHG
RIWKHWUDFWRU7RFRPSOLPHQWWKLVQHZHTXLSPHQWWKH7D\ORU¶V
LQFUHDVHGLQWHUVSDFHZLGWKVDQGPRGL¿HGZKHHOVSDFLQJ
RQWKHVSUD\HUIUDPHWRPDWFKWKHVHURZZLGWKV7KHXVHRI
WKLVHTXLSPHQWDQGPRGL¿FDWLRQVWRURZZLGWKVDQGZKHHO
VSDFLQJPHDQWWKDWFKHPLFDODSSOLFDWLRQZDVPRUHHYHQDQG
SUHFLVH
7D\ORUIDPLO\DQGWKHLU%UDYRVSUD\UDWHFRQWUROOHU
%05*¶V5HHI5HVFXH&RRUGLQDWRU&DWK\0\OUHDVDLG³7KH
7D\ORUVDQGWKHLU&RUGDOEDIDUPDUHVKLQLQJH[DPSOHVRI
ZKDWFDQEHDFKLHYHGWKURXJKWKHGHYHORSLQJRIPXWXDOO\
EHQH¿FLDOSDUWQHUVKLSVDQGWKHDSSOLFDWLRQRIWHFKQRORJ\DQG
EHVWSUDFWLFHLQIDUPLQJDFWLYLWLHV5HHI5HVFXHIXQGLQJKDV
DOORZHGWKH7D\ORUVWRLQFUHDVHWKHLUSURGXFWLRQUHGXFHWKHLU
FRVWVDQGDWWKHVDPHWLPHGHOLYHUEHWWHURXWFRPHVLQWHUPV
RIZDWHUXVHDQGWKHTXDOLW\RIWKHZDWHUWKDWOHDYHVWKHLU
IDUP.´
:LWKWKHDVVLVWDQFHRI5HHI5HVFXHDQGWKHLUGHWHUPLQDWLRQ
WKH7D\ORUIDPLO\KDVLQWURGXFHGWHFKQRORJ\LQWRWKHLU
IDUPLQJV\VWHPDQGPRYHGWRZDUGVPRUHVXVWDLQDEOHODQG
PDQDJHPHQWSUDFWLFHV
&217$&7
&DWK\0\OUHD70
(FDWK\P\OUHD#EPUJRUJDX
%05*1DWXUDO0DWWHUV
3URGXFHUV+DYHD)LHOG'D\
DW3DGGRFNWR5HHI
$PRQLWRULQJVLWHDW$OORZD\ZDVWKHYHQXHIRUDUHFHQW¿HOG
GD\DVSDUWRIWKH$XVWUDOLDQDQG4XHHQVODQG*RYHUQPHQW¶V
3DGGRFNWR5HHISURJUDPGHVLJQHGWRLQWURGXFHSURGXFHUV
WRWKHSRWHQWLDOIRULQFUHDVHGHQYLURQPHQWDOSURGXFWLYLW\
DQGSUR¿WDELOLW\RXWFRPHVRIGLIIHUHQWODQGPDQDJHPHQW
SUDFWLFHV
&DQHKRUWLFXOWXUHDQGDVVRFLDWHGLQGXVWU\UHSUHVHQWDWLYHV
ZHUHLPSUHVVHGE\WKHSDGGRFNVFDOHPRQLWRULQJVLWHDQGWKH
LQWHQWLRQWRTXDQWLI\WKHLPSDFWRIGLIIHUHQWODQGPDQDJHPHQW
SUDFWLFHVE\FROODWLQJGDWDRQRSWLPLVLQJWKHHQYLURQPHQWDO
DQGHFRQRPLFFDSDFLW\RILQWHQVLYHYHJHWDEOHURWDWLRQVLQ
VXJDUEDVHGIDUPLQJV\VWHPV
$WWHQGHHVZHUHWDNHQWKURXJKWKHVLWHDQGKDGGHVFULEHG
WRWKHPWKHWUHDWPHQWVDQGUHVXOWVRIWKHPHDVXUHPHQWV
WDNHQGXULQJWKHKRUWLFXOWXUDOSODQWLQJSKDVHRIWKHSDGGRFN
PRQLWRULQJVLWH7KH\ZHUHWKHQDEOHWROHDUQDERXWWKH
PHDVXUHPHQWVEHLQJWDNHQonceWKHVLWHKDGEHHQ
SODQWHGEDFNWRFDQHDQGWKHFRPSDULVRQVEHWZHHQWKHWZR
URWDWLRQV7KHYDOXHRIGLIIHUHQWODQGPDQDJHPHQWSUDFWLFHV
ZDVZHOOSUHVHQWHGE\WKH'HSDUWPHQWRI(PSOR\PHQW
(FRQRPLF'HYHORSPHQWDQG,QQRYDWLRQ'((',PRQLWRULQJ
WHDP
7KH5HJLRQDO/DQGFDUH
)DFLOLWDWRU3URMHFW±&UHDWLQJ
1HWZRUNVWKDW3URPRWH
&KDQJH
7KH5HJLRQDO/DQGFDUH)DFLOOLWDWRU5/)SURMHFWLVDQ$XVWUDOLDQ
*RYHUQPHQWIXQGHG&DULQJIRURXU&RXQWU\LQLWLDWLYHWKDWDVVLVWV
LQHVWDEOLVKLQJDGDSWDEOHVHOIUHOLDQWDQGDSSURSULDWHO\LQIRUPHG
QHWZRUNVRIFRPPXQLW\/DQGFDUH&RDVWFDUHDQGSURGXFWLRQ
JURXSVDFURVVWKH%05*UHJLRQ
3URYLGLQJDVVLVWDQFHLQDFFHVVLQJIXQGLQJGHYHORSLQJ
SDUWQHUVKLSVDQGFUHDWLQJODQGPDQDJHPHQWWUDLQLQJSURJUDPV
WKH5/)SURJUDPDLPVWRHQKDQFHWKHDGRSWLRQRIEHVWSUDFWLFH
VXVWDLQDEOHODQGPDQDJHPHQWDFWLRQVWKDWPDLQWDLQDQG
HQKDQFHWKHUHJLRQVFDSDFLW\WRSURGXFHIRRGDQG¿EUHZKLOVW
GHOLYHULQJRXWFRPHVWKDWIRFXVRQHFRV\VWHPVHUYLFHVVXFKDV
FOHDQDLUDQGZDWHUKHDOWK\VRLOVDQGELRGLYHUVLW\FRQVHUYDWLRQ
7KH5/)SURMHFWFRPPLWVWRZRUNLQJFORVHO\ZLWKWKRVHEHVW
SODFHGWRLPSOHPHQWDQGEHQH¿WIURPODQGPDQDJHPHQWSUDFWLFH
FKDQJHLQGLYLGXDOSURGXFHUVDQGSURGXFHUJURXSVORFDO
/DQGFDUHDQG&RDVWFDUHJURXSVDQGFRPPXQLW\JURXSVZLWKD
VWDNHLQDQGDGHVLUHIRUVXVWDLQDEOHSURGXFWLRQ
:LQQLQJ)XQGVDQG
,QÀXHQFLQJ3DQHOV
'RWKHZRUGV³IXQGLQJDSSOLFDWLRQ´VHQGVKLYHUVGRZQ\RXU
VSLQH"'RHVWKHWKRXJKWRIEHLQJPLUHGLQWKHPRUDVVRI
*RYHUQPHQWVSHDNDQG*UDQW$SSOLFDWLRQMDUJRQOHDYH\RXFROG"
$VSDUWRIWKH5HJLRQDO/DQGFDUH)DFLOOLWDWRULQLWLDWLYHIXQGHG
WKURXJKWKH$XVWUDOLDQ*RYHUQPHQWV&DULQJIRURXU&RXQWU\
SURJUDP%05*ZLOOEHKROGLQJDVHULHVRIZRUNVKRSVIRU
/DQGFDUH&RDVWFDUHDQG%XVKFDUHJURXSVGLVFXVVLQJWKHWLSV
DQGWULFNVRIZULWLQJVXFFHVVIXOIXQGLQJDSSOLFDWLRQV
1HLO+DOSLQIURP'((',DWWKH3DGGRFNWR5HHIPRQLWRULQJVLWHLQ$OORZD\
3DGGRFNWR5HHILVEHLQJGHOLYHUHGE\WKH%XUQHWW0DU\
5HJLRQDO*URXSLQFRQMXQFWLRQZLWKWKH'HSDUWPHQWRI
(PSOR\PHQW(FRQRPLF'HYHORSPHQWDQG,QQRYDWLRQ¶V$JUL
6FLHQFH4XHHQVODQGDQGis IXQGHGWKURXJKWKH$XVWUDOLDQDQG
4XHHQVODQG*RYHUQPHQW¶V3DGGRFNWR5HHISURJUDP
6DOO\)HQQHU%05*¶V3DGGRFNWR5HHI3URMHFW2I¿FHUVDLG
WKDW³WKHPRQLWRULQJWULDOVLWHLVSURYLGLQJYDOXDEOHGDWDIRU
RSWLPLVLQJWKHHQYLURQPHQWDODQGHFRQRPLFFDSDFLW\RI
LQWHQVLYHYHJHWDEOHURWDWLRQVLQVXJDUEDVHGIDUPLQJV\VWHPV
LQWKH%XUQHWW0DU\5HJLRQDQGWKH¿HOGGD\LVDJUHDW
RSSRUWXQLW\IRUSURGXFHUVWRVHH¿UVWKDQGWKHZRUNEHLQJ
GRQHWRFUHDWHEHVWSUDFWLFHODQGPDQDJHPHQWWHFKQLTXHV
WKDWDGGUHVVHQYLURQPHQWDODQGHFRQRPLFFULWHULD´
&217$&7
6DOO\)HQQHU
70
(VDOO\IHQQHU#EPUJRUJDX
%05*1DWXUDO0DWWHUV
6DPDQWKD0RUULV0DQDJLQJ'LUHFWRURI:RPEDW&UHDWLYHDQG
D\HDUYHWHUDQLQZULWLQJIXQGLQJVXEPLVVLRQVIRUWKHQRW
IRUSUR¿WVHFWRUZLOOEHFRQGXFWLQJWKHZRUNVKRSVDQGVKDULQJ
ZLWKDWWHQGHHVKHUVNLOOVDQGVHFUHWV)URPOHWWHUVRIVXSSRUW
WKURXJKWREX]]ZRUGVDQGQRQR¶V6DP¶VQRQRQVHQVHSODLQ
(QJOLVKDQGLQWHUDFWLYHZRUNVKRSVZLOODGGUHVVWKHFKDOOHQJHVRI
JUDQWZULWLQJDQGFRQWDLQVRPHWKLQJIRUHYHU\RQHLUUHVSHFWLYHRI
ZKHWKHU\RXKDYHZULWWHQVXEPLVVLRQVLQWKHSDVWRU\RXDUHMXVW
VWDUWLQJRXW
:RUNVKRSVDUHOLPLWHGWRSDUWLFLSDQWVDQGZHH[SHFWSODFHV
WREH¿OOHGYHU\TXLFNO\'HWDLOVRIWKHZRUNVKRSVFKHGXOHDUHDV
IROORZV
‡ :HGQHVGD\0DUFK±*D\QGDK±&:$+DOO
‡ 7KXUVGD\0DUFK±%XQGDEHUJ±(QWHUSULVH&HQWUH
‡ )ULGD\0DUFK±*\PSLH±$OEHUW%RZOV&OXE
:RUNVKRSVFRPPHQFHDWDPDQG¿QLVKDWSPDQG
OXQFKDQGUHIUHVKPHQWVwill beSURYLGHG
&217$&7
0LFKHOOH+DDVH70
(PLFKHOOHKDDVH#EPUJRUJDX
:RUNLQJRQ:DWHU4XDOLW\
IRU:LQ:LQ
1HZ)XQGLQJ2SSRUWXQLWLHV
IRU6WDNHKROGHUVLQ150
/DNH%DURRQ&DWFKPHQW&DUH*URXSLVDVPDOOFRPPXQLW\
JURXSIRUPHGLQE\OLNHPLQGHGORFDOUHVLGHQWV
ZLWKLQWKH0DOHQ\DUHaWRIRFXVRQLPSURYLQJZDWHUTXDOLW\
WKURXJKRXWWKH/DNH%DURRQFDWFKPHQW7KHLUDFWLYLWLHV
LQFOXGHFRQGXFWLQJRQJURXQGZRUNVDQGLQFUHDVLQJ
DZDUHQHVVZLWKLQWKHFRPPXQLW\RILVVXHVUHODWLQJWRZDWHU
TXDOLW\ZLWKLQWKHDUHD
$VSDUWRIWKHAustralian *RYHUQPHQW¶V&DUERQ)DUPLQJ,QLWLDWLYH
DQG &OHDQ(QHUJ\)XWXUH3ODQDUDQJHRIIXQGLQJSURJUDPV
KDYH EHHQUHOHDVHG
³(QYLURQPHQWDOLPSURYHPHQWVDUHQRWMXVWDERXWSODQWLQJ
WUHHV´VDLG/DNH%DURRQ&DWFKPHQW&DUH*URXSFRRUGLQDWRU
0DUN$PRV
'HVLJQHGWRHQDEOHRQIDUPWULDODQGGHPRQVWUDWLRQRI
SUDFWLFHVDQGDEDWHPHQWWHFKQRORJLHVWRUHGXFHDJULFXOWXUDO
JUHHQKRXVHJDVHPLVVLRQVDQGRULQFUHDVHFDUERQVWRUHGLQ
VRLO
$FWLRQRQWKH*URXQG*UDQWV
PLOOLRQRYHU\HDUV
*UDQWVXSWRDPD[LPXPRIDUHDYDLODEOHIRU
\HDUVXQLWO-XQHZLWKIXQGLQJDYDLODEOHIURPEHWZHHQ
DQGDYDLODEOHLQ
%LRGLYHUVLW\)XQGLQJ
/DQHZD\KDUGHQLQJRIWKH&RUNV'DLULHVSURSHUW\
³:HFDQLPSURYHZDWHUTXDOLW\LQWKHFDWFKPHQWE\ZRUNLQJ
ZLWKODQGKROGHUVDQGXVLQJYDU\LQJVROXWLRQVWKDWSURYLGHZLQ
ZLQEHQH¿WVIRUHYHU\ERG\´
The Corks Dairies Obi Obi Creek Laneway
Rehabilitation – a practical project providing change
,PSOHPHQWHGDWWKHKHDGZDWHUVRIWKHFDWFKPHQWRQ
0DOHQ\¶VODUJHVWGDLU\IDUPWKH/DQHZD\UHKDELOLWDWLRQ
SURMHFWIRFXVVHVRQLPSURYLQJWKHGDLU\IDUP'VOLYHVWRFN
ODQHZD\V
'XULQJWKHH[WUHPHO\ZHWVXPPHUVHFWLRQVRIWKHODQHZD\V
EHFDPHLPSDVVDEOHWRPLONLQJFRZVWUDYHOOLQJIURPSDVWXUH
WRGDLU\*XWWHUVIRUPHGLQWKHH[LVWLQJODQHZD\VDQGHDFK
VXFFHVVLYHGRZQSRXUZDVKHGVHGLPHQWVQXWULHQWVDQG
SDWKRJHQVLQWRWKHSURSHUWLHVZDWHUZD\VFRQWULEXWLQJWRWKH
WXUELGLW\RIWKH%DURRQSRFNHWGDPDQGVLJQL¿FDQWO\UDLVLQJ
WKHFRVWRIGULQNLQJZDWHUSURGXFWLRQ
$VSDUWRIWKHSURMHFW
ODQHZD\VZHUHUHORFDWHG
DZD\IURPVWHHSKLOO
VORSHVDQGULSDULDQ
]RQHV7KHQHZODQHZD\V
ZHUHUHVXUIDFHGXVLQJ
ORFDOO\VRXUFHGURDG
EDVHUHVXOWLQJLQD
GXUDEOHVXUIDFHUHTXLULQJ
PLQLPDOPDLQWHQDQFHDQG
VXEVHTXHQWLPSURYHGVWRFN
:DWHUTXDOLW\VDPSOLQJWRPHDVXUH
PRYHPHQWDQGRQIDUP
VHGLPHQWQXWULHQWDQGSDWKRJHQ
FRQWHQW
SURGXFWLYLW\)XWXUHSURMHFW
DFWLRQVLQFOXGHLQVWDOOLQJ
FUHHNFURVVLQJVULSDULDQIHQFLQJDQGRIIVWUHDPZDWHULQJDQG
ZLOOUHVXOWLQUHGXFHGHURVLRQDQGVHGLPHQWORVVDQGQXWULHQW
DQGSDWKRJHQGHOLYHU\LQWR2EL2EL&UHHN
'HVLJQHGWREXLOGFRQQHFWLYLW\LQWKHODQGVFDSHPDQDJLQJ
H[LVWLQJELRGLYHUVHFDUERQVWRUHVDQGPDQDJLQJSHVWV
DQGLQYDVLYHVSHFLHVWRLQFUHDVHWKHUHVLOLHQFHRIQDWXUDO
ODQGVFDSHV
8QGHUWKH¿UVWURXQGRIWKLVIXQGLQJPRUHWKDQPLOOLRQLV
DYDLODEOHWRKHOSIDUPHUVDQGRWKHUODQGPDQDJHUV
)XQGLQJ3URSRVDOVDUHLQYLWHGWKURXJK
&DULQJIRURXU&RXQWU\&IR&
$SSOLFDWLRQVDUHQRZEHLQJVRXJKWIRUJUDQWVIRUQDWXUDO
UHVRXUFHPDQDJHPHQWDQGVXVWDLQDEOHDJULFXOWXUHSURMHFWV
WKDWDGGUHVV&IR&WDUJHWVDQGFDQEHFRPSOHWHGE\-XQH
)XQGLQJRIXSWRPLOOLRQLVDYDLODEOHIRUSURMHFWVLQWKH
¿QDQFLDO\HDU
)25025(,1)250$7,21
2572',6&86623325781,7,(6
$1','($63/($6(&217$&7
0LFKHOOH+DVVH
%05*5HJLRQDO/DQGFDUH)DFLOLWDWRU
3H[W0
(PLFKHOOHKDDVH#EPUJRUJDX
.D\(QNHOPDQQ
%05*5HJLRQDO/DQGFDUH)DFLOLWDWRU
30
(ND\HQNHOPDQQ#EPUJRUJDX
&217$&7
.DWH/\RQV70
(.DWHO\RQV#EPUJRUJDX
%05*1DWXUDO0DWWHUV
%XQ\D3DUWQHUV6KDUH
3URMHFW3URJUHVV
3URMHFWV)ROORZLQJWKLVHYHU\RQHJRWLQWRJURXSVDQG
GLVFXVVHGSRWHQWLDOIXWXUHGLUHFWLRQVIRUWKH%XQ\D0RXQWDLQV
SURMHFW
&HOHEUDWLQJWKHVXFFHVVHVRIWKHPDQ\DFWLYLWLHVEHLQJ
FRQGXFWHGDVSDUWRIWKH%XQ\D0RXQWDLQVSURMHFWZDV
WKHIRFXVRIDIRUXPKHOGRQWKH%XQ\D0RXQWDLQVIURP
1RYHPEHU±'HFHPEHU
$OODWWHQGHHVDJUHHGWKDWWKHIRUXPZDVYHU\SURGXFWLYHLQ
FRPPXQLFDWLQJWKHDFWLYLWLHVRQWKHPRXQWDLQWRGDWHDQG
WKDWVLPLODUDFWLYLWLHVGHVLJQHGWRLQFUHDVHFRPPXQLFDWLRQ
EHWZHHQVWDNHKROGHUVDQGSDUWQHUVZRXOGEHEHQH¿FLDOWRWKH
%XQ\D0RXQWDLQVSURMHFWPRYLQJIRUZDUG
&RPPHQFLQJZLWKDWUDGLWLRQDOVPRNLQJFHUHPRQ\
DQGZHOFRPHE\%XQ\D0RXQWDLQV(OGHUV&RXQFLO
UHSUHVHQWDWLYHVWKHIRUXPJDWKHUHG%XQ\D0RXQWDLQV
VWDNHKROGHUVWRFHOHEUDWHDQGVKDUHLQWKHVXFFHVVRI
SURMHFWVEHLQJXQGHUWDNHQRQWKHPRXQWDLQ
&217$&7
6KHOO\+DQVHQ
70
(%UFRRUGLQDWRU#EPUJRUJDX
3DVWXUH,':RUNVKRSVSURYH
DUHVRXQGLQJVXFFHVV
%XQ\D0RXQWDLQV(OGHUV&RXQFLOUHSUHVHQWDWLYHV8QFOH0DO&ROOLQJH
DQG$XQWLH/XUO+HQGHUVRQLQLWLDWHWKHVPRNLQJFHUHPRQ\DQG
ZHOFRPHWRDWWHQGHHVIRUWKH%XQ\D0RXQWDLQV6WDNHKROGHUVIRUXP
3DUWQHUVDQGVWDNHKROGHUVLQFOXGHG%05*WKH%XQ\D
0RXQWDLQV(OGHUV&RXQFLO&RQGDPLQH$OOLDQFH'DYH)RVWHU
DQG%HOLQGD&ODUNIURPWKH$XVWUDOLDQ*RYHUQPHQW¶V:RUNLQJ
RQ&RXQWU\3URJUDP7KH4XHHQVODQG3DUNVDQG:LOGOLIH
6HUYLFH43:6)),DQG'(50
7KH¿UVWGD\RIWKHIRUXPLQFOXGHGYDULRXVSUHVHQWDWLRQVZLWK
43:6GHOLYHULQJDSUHVHQWDWLRQRQEXUQLQJSUDFWLFHVWKH\
XVHRQWKH0RXQWDLQ5XVVHOO)DLUID[IURP'(50JDYHD
SUHVHQWDWLRQRQYHJHWDWLRQFKDQJHYHJHWDWLRQPDQDJHPHQW
6XH6DUJHQWIURP)),DOVRGHOLYHUHGDUHSRUWRQDWUDLQHH
UDQJHUSURJUDPDQG/XNH%DUURZFOLIIHSOD\HGWKH,QGLJHQRXV
+HULWDJH3URMHFW'9'ZKHUHKHYLVLWHGDQG
LQWHUYLHZHG7UDGLWLRQDO2ZQHUVZKRWROGWKHLUVWRULHVDERXW
WKH%XQ\D0RXQWDLQV
7KH%XQ\D0RXQWDLQV0XUUL5DQJHUVWKHQGHOLYHUHGD
SUHVHQWDWLRQRQZRUNWKH\KDYHFRPSOHWHGRYHUWKH\HDU
ZKLFKZDVIROORZHGE\DWRXUwithWKH0XUUL5DQJHUVDORQJWKH
5XVVHOO3DUNZDONLQJWUDFNZKLFKWKH\KDGFOHDUHGRYHUWKH
SDVWPRQWKV
:RUNVKRSVWRKHOS
JUD]LHUVLQFUHDVH
WKHLUVNLOOVLQSDVWXUH
LGHQWL¿FDWLRQDVVHVVLQJ
JURXQGFRYHUDQG
PDQDJLQJJUD]LQJ
SUHVVXUHZHUHKHOGLQ
0RQRJRULOE\$EHUFRUQ
DQG0DLGHQZHOOLQHDUO\
1RYHPEHU
3UHVHQWHGE\'DPLHQ
2¶6XOOLYDQIURP'((',
ODQGKROGHUVZHUH
VFKRROHGRQVLPSOH
PHWKRGVRIDVVHVVLQJ
'DPLHQ2¶6XOOLYDQDWWKH$EHUFRUQ
JURXQGFRYHUDQGJLYHQ
ZRUNVKRSLGHQWLI\LQJSDVWXUHVSHFLHV
DGYLFHRQPDQDJLQJ
JUD]LQJSUHVVXUHWR
LQFUHDVHFRYHUGHSWKDQGGLYHUVLW\RISDVWXUHLQSDGGRFNV
3DUWLFLSDQWVZHUHHQFRXUDJHGWREULQJDORQJJUDVVHVDQG
IRUEVWKDWWKH\QHHGHGKHOSLQLGHQWLI\LQJDQGZHOFRPHGWKH
OHDUQLQJRSSRUWXQLW\LQSDVWXUHVSHFLHVLGHQWL¿FDWLRQ
)UHHWRODQGKROGHUVSDUWLFLSDQWVZHUHHQFRXUDJHGWRDSSO\
IRULQFHQWLYHIXQGLQJWKURXJK%05*¶V%HWWHU&DWFKPHQWV
3URJUDPZLWKDPRXQWVRIXSWRDYDLODEOHWRDVVLVW
LQLPSOHPHQWLQJRQIDUPZRUNVWKDWSURYLGHLPSURYHGJUD]LQJ
PDQDJHPHQW
2Q:HGQHVGD\QLJKWD&RPPXQLW\%%4ZDVKHOGDQGLW
ZDVJUHDWWRVHHPDQ\RIWKH%XQ\D0RXQWDLQVFRPPXQLW\
PHPEHUVDWWHQGDQGPHHWDQGWDONZLWKWKH(OGHUVDQG
5DQJHUV
³7KHZRUNVKRSVZHUHYHU\ZHOODWWHQGHGDQG'DPLHQ
2¶6XOOLYDQZDVDYHU\HQJDJLQJDQGNQRZOHGJHDEOHVSHDNHU
%DVHGXSRQWKHVXFFHVVRIWKHVHZRUNVKRSVZHKRSHWR
FRQGXFWIXUWKHUZRUNVKRSVZLWKLQWKHUHJLRQLQHDUO\´
VDLG.D\(QNHOPDQQIURP%05*
'D\WZRRIWKHIRUXPVDZDSUHVHQWDWLRQIURP'DYH)RVWHU
RQWKH:RUNLQJRQ&RXQWU\3URMHFWIROORZHGE\-RKQ+XQWHU
KROGLQJDGLVFXVVLRQRQIXWXUHGLUHFWLRQVIRUWKH%XQ\D
&217$&7
.D\(QNHOPDQQ70
(ND\HQNHOPDQQ#EPUJRUJDX
%05*1DWXUDO0DWWHUV
6WXGHQWV6KLQHIRU
6KRUHELUGV
5HFRJQLVLQJWKHLQWHUQDWLRQDOVLJQL¿FDQFHRIRXUUHJLRQ¶V
VKRUHELUGV%05*KDVHVWDEOLVKHGDWHDPRIVKRUHELUG
DPEDVVDGRUVPDGHXSRIYROXQWHHUVDQGHQWKXVLDVWVZKR
HPEDUNHGRQDVHULHVRIYLVLWVWRSULPDU\VFKRROVZLWKLQWKH
UHJLRQ
7KHVKRUHELUGVDPEDVVDGRUSURJUDPSURYLGHGSULPDU\
VFKRROVWXGHQWVZLWKDQXQGHUVWDQGLQJRIRXUUHVLGHQWDQG
PLJUDWRU\VKRUHELUGSRSXODWLRQVDQGWKHLPSDFWVWKDWKXPDQ
LQWHUYHQWLRQFDQFDXVHWRWKHVHVSHFLHVVRPHRIZKLFKDUH
UDUHDQGHQGDQJHUHG
³0DQ\RIWKHVSHFLHVZHVHHRQRXUVKRUHVDUHDPD]LQJ
DQLPDOV.SRPHRIWKHPPLJUDWHIURPDVIDUDZD\DV$ODVND
DQG6LEHULDDQGUHPDLQRQWKHZLQJIRUXSZDUGVRI
NLORPHWUHVQRQVWRSORVLQJXSZDUGVRIRIWKHLUERG\
PDVVGXULQJWKHMRXUQH\1HHGOHVVWRVD\WKH\DUHRIWHQLQD
IUDJLOHFRQGLWLRQZKHQWKH\DUULYHDQGWKHUHIRUHLWLVLPSRUWDQW
WRDFNQRZOHGJHDQGXQGHUVWDQGWKHLPSDFWVZHFDQKDYH
RQWKHVHVSHFLHVZKHQVKDULQJRXUVKRUHOLQHV´VDLG0V6XH
6DUJHQW%05*¶V6KRUHELUGV&RRUGLQDWRU
*5$'(
5HQHH7X)LUVW3ODFH±6W/XNH¶V$QJOLFDQ6FKRRO+LJKO\
FRPPHQGHGFHUWL¿FDWHVZHUHDOVRSUHVHQWHGWR-RVKXD
7HDVGDOH6DUDK5L]]DDQG5HHI%UDVGLWLV6W/XNH¶V$QJOLFDQ
6FKRRO
*5$'(
+XGD0DMLG)LUVW3ODFH±6W/XNH¶V$QJOLFDQ6FKRRO+LJKO\
FRPPHQGHGFHUWL¿FDWHVZHUHDOVRSUHVHQWHGWR%HWKDQ\
&URRN5HDQQR(NH+XUOH\*DWOH\-DPHQ+DUULV7LKDQ
6ZDQHSRHODQG0HJDQ:HVWKXL]HQ6W/XNH¶V$QJOLFDQ
6FKRRO
*5$'(
-DLPH%DUU)LUVW3ODFH±%XUQHWW+HDGV6WDWH6FKRRO
/DFKODQ3KLOOLVZDVDFORVHVHFRQGSODFHZLWKKLJKO\
FRPPHQGHGFHUWL¿FDWHVDOVRSUHVHQWHGWR.LUD'DZQH-RQHV
6DVKD.LQVHOD5XE\/HH0F*UHJRU%UDPEOH*HRUJLH
0F0DK'RQWD\D1ROODQG7\OHU6KLHOG%XUQHWW+HDGV6WDWH
6FKRRO
*5$'(
(OOD-DQH:LONLQVRQ)LUVW3ODFH±0RRUH3DUN6WDWH6FKRRO
+LJKO\FRPPHQGHGFHUWL¿FDWHVZHUHDOVRSUHVHQWHGWR'HDQ
1RIINH%UDGOH\+ROGHU0RRUH3DUN6WDWH6FKRRODQG0ROO\
%XU¿WW1RUYLOOH6WDWH6FKRRO
*5$'(
0D[$SSOHE\)LUVW3ODFH%XUQHWW+HDGV6WDWH6FKRRO
+LJKO\FRPPHQGHGFHUWL¿FDWHVZHUHDOVRSUHVHQWHGWR$OH[
%UL[=DFN%RXJKWRQ0LFKDHO'DYLV-DGH0F4XDOWHU:DOVK
/DXUD1HZWRQ0DF\:DOOLV%XUQHWW+HDGV6WDWH6FKRRODQG
+ROO\*LXGLFH0RRUH3DUN6WDWH6FKRRO
*5$'(
-DLG\Q0LOQH)LUVW3ODFH±1RUYLOOH6WDWH6FKRRO$KLJKO\
FRPPHQGHGFHUWL¿FDWHZDVDZDUGHGWR)OHWFKHU$OOSRUW
1RUYLOOH6WDWH6FKRRO
*5$'(
%UHQQD:RUPLQJWRQ)LUVW3ODFH1RUYLOOH6WDWH6FKRRO
+LJKO\FRPPHQGHGFHUWL¿FDWHVZHUHDOVRSUHVHQWHGWR
6RSKLD%XU¿WW6DUDK0RUWHQVHQDQG0ROO\6O\1RUYLOOH6WDWH
6FKRRO
&DUODWKH&XUOHZJHWVDWWHQWLRQIURPD*UDGH6W/XNHVVWXGHQW
³4XLWHRIWHQZH¿QGWKDWSHRSOHDUHQ¶WHYHQDZDUHRIWKHimpact
WKDWVRPHWKLQJDVVLPSOHDVZDONLQJ\RXUGRJFDQhave on
WKHVHELUGV6ROXWLRQVFDQEHDVVLPSOHDVNHHSLQJ\RXU
GRJRQDOHDGRUDYRLGLQJWKHEHDFKDWKLJKWLGH´VKHDGGHG
7RHQFRXUDJHSDUWLFLSDWLRQLQWKHSURMHFWVWXGHQWVZHUHDVNHG
WRVXEPLWDQHQWU\LQDSRVWFDUGGHVLJQFRPSHWLWLRQWRVKDUH
ZKDWWKH\OHDUQHGGXULQJWKHLUVKRUHELUGDPEDVVDGRUYLVLW
:LQQHUVZHUHVHOHFWHGIURPHDFKJUDGH\HDUVWKURXJK
DQGDVSHFLDOPXOWLPHGLDFDWHJRU\ZLWKVHYHUDOKLJKO\
FRPPHQGHGFHUWL¿FDWHVDOVRDZDUGHGWRUHÀHFWWKHKLJK
TXDOLW\RIHQWULHVUHFHLYHG
&DUODWKH&XUOHZ%05*¶VUHVLGHQWVKRUHELUGZDVRQKDQGWR
SUHVHQWSUL]HVWRWKHIROORZLQJVWXGHQWV
08/7,0(',$(175<$:$5'
0LWFKHOO2ZHQLQ*UDGHDW7RUTXD\6WDWH6FKRROZDV
DZDUGHGD6SHFLDO0XOWLPHGLD$ZDUG
7KHZLQQLQJHQWULHVUHFHLYHGDWVKLUWZLWKWKHLUUHVSHFWLYH
GHVLJQHPEOD]RQHGRQLWDQGDVHWRIDFWXDOSRVWFDUGVIRU
WKHVFKRROWRGLVWULEXWH
%05*ZLOOFRQWLQXHWRXVHWKHSRVWFDUGVWRSURPRWHVKRUHELUG
DZDUHQHVVWKURXJKLWVRQJRLQJDFWLYLWLHV
³:HKDYHDOUHDG\VWDUWHGGLVWULEXWLQJWKHSRVWFDUGVWRJURXSV
DURXQGWKHFRXQWU\DQGHYHQUHFHLYHGDUHTXHVWIURPD
ELUGZDWFKHULQ,RZDLQWKH8QLWHG6WDWHV.QRZLQJWKDWWKHLU
DUWZRUNLVEHLQJVHHQE\SHRSOHIURPVRIDUDZD\KDVEHHQD
UHDOEX]]IRUWKHVWXGHQWV´0V6DUJHQWVDLG
&217$&7
6XH6DUJHQW70
(VXHVDUJHQW#EPUJRUJDX
%05*1DWXUDO0DWWHUV
:KHUHGRWKH\JR"
)HZZRXOGH[SHFWDFUHDWXUHDV¿HUFHORRNLQJDVWKH*UH\
1XUVH6KDUN*16WREHVK\DQGUHWLULQJ%XWWKLVLVSURYLQJ
WREHH[DFWO\WKHFDVH1RWRQO\DUHWKHVHEHDXWLIXOFUHDWXUHV
DQH[WUDRUGLQDULO\JHQWOHVKDUNVSHFLHVLWLVSURYLQJGLI¿FXOWWR
¿QGWKHDUHDVZKHUHWKH\DJJUHJDWH
$QH[WHQVLYH*,6UHYLHZKDVLGHQWL¿HGSRWHQWLDOVLWHVWKDW
ZLOOPDNHXSWKH¿UVWURXQGRI¿HOGLQYHVWLJDWLRQVZLWKWKH
¿HOGWHDPGHSOR\LQJUHPRWHXQGHUZDWHUYLGHRFDPHUDVDQG
DFRXVWLFOLVWHQLQJVWDWLRQVIURP*XWKULH6KRDO%XVWDUG+HDG
DQG/DG\(OOLRW,VODQGQHDU*ODGVWRQHRII)UDVHU,VODQGDQG
6XQVKLQH&RDVWDQGVRXWKWR0RUHWRQ%D\
7RXQGHUWDNHZKDWLVDPDVVLYHH[HUFLVHLQORJLVWLFVLQWHUPV
RIIXQGLQJUHTXLUHPHQWVHTXLSPHQWDQGUHVHDUFKHUVDQG
YROXQWHHUVJOREDOFRQVHUYDWLRQRUJDQLVDWLRQ,)),,DUHEHLQJ
DVVLVWHGE\WKH8QLYHUVLW\RI4XHHQVODQG'HSDUWPHQWRI
(QYLURQPHQWDQG5HVRXUFH0DQDJHPHQWWKH%XUQHWW0DU\
5HJLRQDO*URXSIRU150$XVWUDOLDQ&DSLWDO(TXLW\WKH
5RQDOG*HRIIUH\$UQRWW)RXQGDWLRQPDQDJHGE\3HUSHWXDO
7UXVWHHV$XVWUDOLD/WG/DG\(OOLRW(FR5HVRUWDQG$XVWUDOLD
=RR
&217$&7
7KH*UH\1XUVH6KDUNDQHOXVLYHDQGJHQWOHVSHFLHV
7KLVLVLQSDUWGXHWRWKHIDFWWKDWVLQFHWKH¶VWKH\KDYH
EHHQDOPRVWKXQWHGWRH[WLQFWLRQDQGWKHVSHFLHVLVQRZRQ
WKH&ULWLFDOO\(QGDQJHUHGOLVWZLWKOHVVWKDQVKDUNVOHIWLQ
WKHZLOG7KHLUORZSRSXODWLRQQXPEHUVDQGWKHIDFWWKDWWKH\
RQO\EUHHGRQFHHYHU\WZRWRWKUHH\HDUVLPSDFWVXSRQWKHLU
DELOLW\WRUHFRYHU
7KH0LVVLQJLQ$FWLRQUHVHDUFKSURMHFWLVWKH¿HOGLQYHVWLJDWLRQ
FRPSRQHQWRIWKHEURDGHU*16UHVHDUFKSURMHFWDQGVHHNV
WRXQFRYHU4XHHQVODQG¶V³PLVVLQJ´*16DJJUHJDWLRQVLWHV±
ZKHUHVKDUNVPHHWWREUHHGIHHGDQGJHVWDWH
3URMHFWSDUWQHU$XVWUDOLD=RRKDYHDVVLVWHGWKHWHDPRI
UHVHDUFKHUVWREHJLQLQYHVWLJDWLRQVE\JHQHURXVO\GRQDWLQJ
WKHXVHRIWKHLUZRUOGIDPRXVYHVVHO&URF2QHWRWKHSURMHFW
6XH6DUJHQW
70
(VXHVDUJHQW#EPUJRUJDX
)XQGLQJIRU)ORRG5HFRYHU\
:HFDQDOOUHPHPEHUWKH
GHYDVWDWLQJÀRRGLQJWKDW
RFFXUUHGLQ±DQG
WKHGDPDJHWKDWRFFXUUHG
WKURXJKRXWRXUUHJLRQ
EHFDXVHRILW$OWKRXJKÀRRG
UHFRYHU\HIIRUWVKDYHEHHQ
H[WHQVLYHWRGDWHWKHUHDUH
VWLOOVLJQL¿FDQWLVVXHVWREH
DGGUHVVHGWKURXJKRXWWKH
UHJLRQLQFOXGLQJHURVLRQ
DQGZHHGLQYDVLRQVWKDWDUH
GLUHFWO\DWWULEXWDEOHWRWKH
ÀRRGHYHQW
'DPDJHRQ-LP5DGHO¶VSURSHUW\
(DUOLHUWKLV\HDU%05*ZDV FDXVHGE\WKHÀRRG
HYHQW
JUDQWHGIXQGLQJWRVXSSRUW
DFWLYLWLHVWRUHSDLUVRPHRI
WKHFRQVLGHUDEOHGDPDJHFDXVHGE\WKHÀRRG7KHLQWHUHVW
LQWKHIXQGLQJZDVVRJUHDWWKDW%05*KDVUHFHQWO\EHHQ
JUDQWHGDQRWKHUURXQGRIIXQGVWRFRQWLQXHWKHVHHIIRUWV
&URF$XVWUDOLD=RR¶VUHVHDUFKYHVVHOZLWKEHXVHGWR¿QGZKHUH
*UD\1XUVH6KDUNVJDWKHU
:HV0DQQLRQ'LUHFWRURI$XVWUDOLD=RRVDLG³7KLVYHVVHO
ZDVGHVLJQHGE\6WHYH,UZLQKLPVHOI,W¶VD¶SXUSRVHEXLOW
FUDIWJXDUDQWHHGWRGHOLYHUWKHXOWLPDWHLQSHUIRUPDQFHGXULQJ
RXUZLOGOLIHH[SHGLWLRQV7KLVGHHSSUREHH[SHGLWLRQERDW
JLYHVXVWKHFKDQFHWRUHVHDUFKPDULQHZLOGOLIHLQUHPRWH
ORFDWLRQVZKLFKPDNHVLWLGHDOIRUWKHZRUNEHLQJFDUULHGRXW
E\)DXQD)ORUD,QWHUQDWLRQDO)),DQG*UH\1XUVH6KDUN
:DWFK$XVWUDOLD=RRKDYHDORQJVWDQGLQJDQGYHU\FORVH
UHODWLRQVKLSZLWK)),DQGZHDUHUDSWZH¶UHDEOHWRRIIHURXU
HTXLSPHQWDQGH[SHUWLVHWRWKHP´
%05*1DWXUDO0DWWHUV
$VVXFKWKH%XUQHWW0DU\5HJLRQDO*URXS%05*FXUUHQWO\
KDVIXQGLQJDYDLODEOHWRDVVLVWODQGPDQDJHUVZLWKLQWKH
UHJLRQZKRVHSURSHUWLHVZHUHQHJDWLYHO\LPSDFWHGE\WKH
±ÀRRGHYHQW
7KHVHIXQGVDUHVSHFL¿FDOO\WDUJHWHGWRZDUGVUHVWRUDWLRQRI
ULSDULDQDUHDVULYHUVFUHHNVWULEXWDULHVWKDWZHUHGHJUDGHG
RUHURGHGE\WKHLQXQGDWLRQRIZDWHU
7KHNLQGVRIZRUNVFRQVLGHUHGLQFOXGHUHYHJHWDWLRQHPHUJLQJ
ZHHGFRQWUROLQWKH*\PSLH5HJLRQDO&RXQFLODUHDRQO\
HURVLRQPLWLJDWLRQDQGUHVWRUDWLYHHQJLQHHULQJZRUNV
&217$&7
.DWH/\RQV
70
(.DWHO\RQV#EPUJRUJDX
'UDIW\HDU150SODQ
XQYHLOHGIRUSXEOLFFRPPHQW
&RPPXQLW\&OHDQV
8S7LQ&DQ
6HYHUDO\HDUVLQWKHPDNLQJWKHGUDIW:LGH%D\%XUQHWW
1DWXUDO5HVRXUFH0DQDJHPHQW3ODQ:%%1503ODQKDV
EHHQUHOHDVHGIRUSXEOLFFRPPHQWRQWKH%05*ZHEVLWH
ZZZEPUJRUJDXLQIRUPDWLRQSKS2SSRUWXQLW\IRU
FRPPHQWZLOOUHPDLQRSHQXQWLO0DUFK
$VSDUWRIDQLQLWLDWLYHGULYHQE\ORFDOFRPPHUFLDODQG
UHFUHDWLRQDO¿VKHUVDQGFRPPXQLW\YROXQWHHUV%05*DQG
2FHDQZDWFK$XVWUDOLDFRRUGLQDWHGDPDULQHGHEULVFOHDQXS
GD\WDUJHWLQJOLWWHUGXPSHGUXEELVKGHUHOLFWFUDESRWVDQG
RWKHUPDULQHSROOXWLRQLQDQGDURXQG7LQ&DQ%D\
(LJKWQDWXUDODVVHWVKDYHEHHQLGHQWL¿HGLQWKHSODQ
7KH\LQFOXGH
%05*&RDVWDODQG&ULWLFDO$TDXWLF+DELWDWVFRRUGLQDWRU
0DU\$OLFH6ZDQVDLGWKDW³WKHPDULQHGHEULVFOHDQXSLVRQH
RIVHYHUDOLQLWLDWLYHVIXQGHGWKURXJKD%05*SURMHFWFDOOHG
5HGXFLQJWKH7KUHDWVWRWKH*UHDW6DQG\6WUDLWWDUJHWLQJ
SHVWVDQGZHHGVSXEOLFDFFHVVLVVXHVLQWLGDOV\VWHPV
IRUHVKRUHDQGZHWODQGUHKDELOLWDWLRQDQGPDULQHGHEULV´
‡ DLUDQGDWPRVSKHUH
‡ FRDVWDODQGPDULQH
‡ ODQGUHVRXUFHV
‡ ZDWHUUHVRXUFHV
‡ WHUUHVWULDODQG
IUHVKZDWHU
ELRGLYHUVLW\
‡ UHJLRQDO
ODQGVFDSHV
‡ $ERULJLQDOQDWXUDO
DQGFXOWXUDO
YDOXHV
‡ FRPPXQLW\
'DQQ\*UHHQ
*HQHUDO0DQDJHU
IRU%05*VDLG³7KLVGRFXPHQWLVWKH
¿UVWRIVL[LWHPVEHLQJSURGXFHGWKDWZLOOZRUNWRJHWKHUWR
VKDSHVWUDWHJLFGLUHFWLRQIRUQDWXUDOUHVRXUFHPDQDJHPHQWLQ
WKH:LGH%D\%XUQHWWRYHUWKHQH[W\HDUV
´7KHZRUNLQJJURXSLVHQFRXUDJLQJDOOLQWHUHVWHGSDUWLHVLQ
WKHUHJLRQWRH[DPLQHWKLVGUDIWDQGVXEPLWVXJJHVWLRQVIRU
FKDQJH´
7KHGUDIW:%%1503ODQLVWKHSULPDU\GRFXPHQWRXWOLQLQJ
DEURDGVWUDWHJ\IRUHDFKRIWKHHLJKWQDWXUDODVVHWVWKDW
XQGHUSLQRXUUHJLRQDOFRPPXQLW\,WIRUPVDIRXQGDWLRQIURP
ZKLFKWKHDGGLWLRQDO¿YHSURGXFWVZLOOJURZ
0U*UHHQVDLG³7KHQH[W¿YHSURGXFWVZLOOSURYLGHWKHGHWDLO
UHTXLUHGWRLPSOHPHQWWKHEURDGVWUDWHJLHVRIWKHSODQ
LQFOXGLQJGHWDLOHGVFLHQWL¿FEDVHOLQHGDWDDQGDSSURDFKHVWR
PRQLWRULQJDQGHYDOXDWLRQ
³(DFKSURGXFWZLOOEHUHYLHZHGDQGXSGDWHGUHJXODUO\WR
HQVXUHWKH\UHÀHFWUHDOZRUOGFKDQJH´KHVDLG
6WDIIIURPWKH%05*DQG'(50ZLOOEHZRUNLQJZLWK
FRPPXQLW\JURXSVWKURXJKRXWWKHSXEOLFFRQVXOWDWLRQSHULRG
WRHQVXUHNH\JURXSVKDYHDWKRURXJKXQGHUVWDQGLQJRIWKH
SODQ¶VREMHFWLYHV
6KHUUL2¶%ULHQDWD0RQLWRULQJVLWHLQWKH7LQ&DQ%D\DUHD
7ZHQW\VL[YROXQWHHUVFRQWULEXWHGWRWKHKDOIGD\HIIRUWDQG
RYHUWZRDQGDKDOIWRQQHVRIUXEELVKZDVFROOHFWHG
$SRVWFOHDQXSVXUYH\RIWKHUXEELVKFROOHFWHGLGHQWL¿HG
DYDULHW\RILWHPVLQFOXGLQJSODVWLFEDJVEHHUERWWOHV
DOXPLQLXPFDQVSODVWLFERWWOHWRSV¿VKLQJOLQHDQGWDFNOH
6W\URIRDPFORWKLQJURSHVHYHUDOODUJHSLHFHVRIFDUSHW
FDUW\UHVGHUHOLFWFUDESRWVRLOGUXPVEXFNHWVDQGEURNHQ
ERDWLQJHTXLSPHQW
/RFDO2FHDQZDWFK3URMHFW0DQDJHU0LFKHOOH+DDVH
VDLG³$OOWKHLWHPVFROOHFWHGKDYHWKHSRWHQWLDOWRKDUP
ZLOGOLIHSROOXWHZDWHUZD\VDQGLPSHGHFRPPHUFLDO¿VKLQJ
RSHUDWLRQV7KH\DUHQRWELRGHJUDGDEOHDQGUHPDLQLQ
PDULQHKDELWDWVFDXVLQJGHWULPHQWDOLPSDFWVIRUPDQ\\HDUV´
&217$&7
0DU\$OLFH6ZDQ
70
(PDU\DOLFHVZDQ#EPUJRUJDX
&217$&7
5XWK7KRPDV
70
(UXWKWKRPDV#EPUJRUJDX
%05*1DWXUDO0DWWHUV
:H:DQW<RX
WRKDYH\RXUVD\
RQ150LVVXHV
LQ\RXUUHJLRQ
(YHU\RQHKDVDVWDNHLQPDQDJLQJRXUQDWXUDOUHVRXUFHV
$VDQRQJRYHUQPHQWQRWIRUSUR¿WRUJDQLVDWLRQZHUHO\
RQHQJDJLQJZLWKWKHFRPPXQLW\DVDQLQWHJUDOSDUWRIRXU
RSHUDWLRQVDQGVHHNFRQVWDQWO\WRLPSURYHRXUSUDFWLFHV
:KHWKHULWLVKDELWDWSURWHFWLRQRUODQGPDQDJHPHQW
SUDFWLFHSOHDVHOHWXVNQRZZKDWLVLPSRUWDQWWR\RXDQG
RIIHUVXJJHVWLRQVRQKRZ\RXZRXOGOLNHQDWXUDOUHVRXUFH
PDQDJHPHQWFRQGXFWHGLQ\RXUDUHD
<RXUIHHGEDFNLVLPSRUWDQWLQGHWHUPLQLQJWKHIXWXUH
GLUHFWLRQRI1DWXUDO5HVRXUFH0DQDJHPHQWLQWKHUHJLRQ
3OHDVHVHQG\RXUFRPPHQWVWRDGPLQ#EPUJRUJDX
)ROORZXVRQ7ZLWWHU
5HJLRQDO/DQGFDUH)DFLOLWDWRUV.D\DQG0LFKHOOHKDYHMRLQHGWKHVRFLDO
PHGLDZRUOGZLWKD7ZLWWHUIHHG
)RUWKHODWHVW/DQGFDUHQHZVDQGXSGDWHVRQ&DUERQ)DUPLQJLQLWLDWLYHV
DQGWKH&OHDQ(QHUJ\)XWXUHV)XQGIROORZWKHPRQ7ZLWWHU#%05*B5/)
2I¿FH$GGUHVV%RXUERQJ6WUHHW%XQGDEHUJ4OG0DLO$GGUHVV32%R[%XQGDEHUJ4OG
7)(DGPLQ#EPUJRUJDX

Similar documents

Gum trees - Moreton Bay Regional Council

Gum trees - Moreton Bay Regional Council $QJRSKRUDDQGRWKHUV7KLVZLOOSUREDEO\FRQWLQXHWRKDSSHQDV PRUHLQYHVWLJDWLRQVLQWRJHQHWLFVRFFXU 7RWKRVHRIXVZLWKRXWDERWDQLFDOEDFNJURXQGWUHHVWKDWORRN OLNHJXPWUHHVZLOODOZD\V...

More information

KLAHANIE | Port Moody

KLAHANIE | Port Moody EHSURYLGHGZKHUHSHUPLWWHGXQGHUWKH&']RQLQJ :KHUHUHTXLUHGVXUIDFHSDUNLQJZLOOEHORFDWHGWRWKHVLGH RUUHDURIEXLOGLQJVDQGVKDOOEHVFUHHQHGIURPWKHVWUHHWE\ ODQGVFDSHGDUHDVWD...

More information

Barbados`s Coastal Vulnerability and Risk Assessment January 2002

Barbados`s Coastal Vulnerability and Risk Assessment January 2002 6HD OHYHO ULVH LV WKXV RQO\ H[SHFWHG DIIHFW WKH ZHVW FRDVW ZHOOV DV PRVW RI WKH %DUEDGRV :DWHU $XWKRULW\ SURGXFWLRQ ZHOOV DUH ORFDWHG DERYH WKH ILUVW KLJK FOLII LQ %DUEDGRV $ VHULHV RI HTXDWLRQV X...

More information