0$,17(1$1&($1'6$)(7<
)8(/6725$*( :RRGFDQEHGULHGVXI¿FLHQWO\IRUEXUQLQJZLWKLQDIHZZHHNVLISURWHFWHGIRUPUDLQLQDORZKXPLGLW\DUHD,W LVIDUEHWWHUWRFXWZRRGDQGDOORZLWWRGU\IRUD\HDU,QDOOFDVHVWKHZRRGVKRXOGEHVWDFNHGVRWKDWERWK HQGVRIWKHVWLFNVDUHH[SRVHGWRWKHDLUDQGSURWHFWHGIURPUDLQ7KHGULHUWKHZRRGWKHPRUHXVDEOHKHDW SURGXFHGE\WKH¿UHDQGOHVVOLNHO\UDSLGDFFXPXODWLRQRIVRRWDQGFUHRVRWHZLWKLQWKHFKLPQH\LVWRRFFXU
6HHWKHVHFWLRQRIWKLVPDQXDOFRQFHUQLQJFKLPQH\PDLQWHQDQFHIRULQIRUPDWLRQFRQFHUQLQJWKHKD]DUGVRI
VRRWDFUHRVRWHDFFXPXODWLRQ6PDOOTXDQWLWLHVRIZRRGUHTXLUHGIRU¿UHWHQGLQJPXVWEHNHSWDWOHDVW
LQFKHVIURPWKH¿UHSODFH
',6326$/2)$6+(6
$VKHVVKRXOGEHSODFHGLQDPHWDOFRQWDLQHUZLWKDWLJKW¿WWLQJOLG7KHFORVHGFRQWDLQHURIDVKHVVKRXOGEH
SODFHGRQDQRQFRPEXVWLEOHÀRRURURQWKHJURXQGZHOODZD\IURPDOOFRPEXVWLEOHPDWHULDOVSHQGLQJ¿QDO
GLVSRVDO,IWKHDVKHVDUHGLVSRVHGRIE\EXULDOLQVRLORURWKHUZLVHORFDOO\GLVSHUVHGWKH\VKRXOGEHUHWDLQHG LQWKHFORVHGFRQWDLQHUXQWLODOOFLQGHUKDVWKRURXJKO\FRROHG$VKHVVKRXOGQHYHUEHSODFHGLQDFRQWDLQHU ZLWKFRPEXVWLEOHPDWHULDOV
&+,01(<0$,17(1$1&( &UHRVRWH)RUPDWLRQDQG1HHGIRU5HPRYDO:KHQZRRGLVEXUQHGVORZO\LWSURGXFHVWDUDQGRWKHURUJDQLF YDSRUVZKLFKFRPELQHZLWKH[SHOOHGPRLVWXUHWRIRUPFUHRVRWH7KHFUHRVRWHYDSRUVFRQGHQVHLQWKHUHODWLYHO\ FRROFKLPQH\ÀXHRIDVORZEXUQLQJ¿UH$VDUHVXOWFUHRVRWHUHVLGXHDFFXPXODWHVRQWKHÀXHOLQLQJ:KHQ LJQLWHGWKLVFUHRVRWHPDNHVDQH[WUHPHO\KRW¿UH
7KHFKLPQH\VKRXOGEHLQVSHFWHGDWOHDVWWZLFHD\HDUGXULQJWKHKHDWLQJVHDVRQWRGHWHUPLQHLIDFUHRVRWH
EXLOGXSKDVRFFXUUHG
,IFUHRVRWHKDVDFFXPXODWHGLWVKRXOGEHUHPRYHGWRUHGXFHWKHULVNRIDFKLPQH\¿UH
7KHFKLPQH\FDSFDQEHUHPRYHGIRULQVSHFWLRQPDLQWHQDQFHDQGFOHDQLQJE\UHPRYLQJWKUHHVFUHZVIURP
WKHVXSSRUWOHJVDQGOLIWLQJXSZDUG
:KHQWKH¿UHSODFHLV¿UVWLQXVHLQVSHFWWKHFKLPQH\IUHTXHQWO\DQGFOHDQWKHFKLPQH\DQ\WLPHDQDFFXPXODWLRQ
LVREVHUYHGRQWKHÀXHZDOOV7KHIUHTXHQF\RIWKHVHLQVSHFWLRQVFDQEHLQFUHDVHGRUUHGXFHGDSSURSULDWHO\ DIWHUDSDWWHUQRIDFFXPXODWLRQKDVEHHQHVWDEOLVKHG3OHDVHQRWHKRZHYHUWKDWFKDQJHVLQWKHRXWVLGH HQYLURQPHQWDOFRQGLWLRQVVXFKDVWHPSHUDWXUHDQGKXPLGLW\RUFKDQJHVLQWKHRSHUDWLRQRIWKH¿UHSODFHFDQ OHDGWRUDSLGEXLOGXSRIVRRWDQGRUFUHRVRWH
7R FOHDQ WKH FKLPQH\ REWDLQ WKH VHUYLFHV RI D TXDOL¿HG DQG UHSXWDEOH FKLPQH\ VZHHS RU UHPRYH WKH DFFXPXODWLRQZLWKEUXVKHVRQZRRGHQRU¿EHUJODVVSROHV'RQRWXVHPHWDOSLSHVFKDLQVZLUHVHWFWRFOHDQ
WKHFKLPQH\EHFDXVHVXFKLWHPVFDQVFUDWFKWKHVXUIDFHRIWKHVWDLQOHVVVWHHOÀXHZKLFKFDQVKRUWHQWKHOLIH
RIWKHÀXHDQGSURYLGHDURXJKVXUIDFHIRUVRRWSDUWLFOHVWRDWWDFKWR
%HVXUHWRFRYHUQHDUE\IXUQLVKLQJDQGDUUDQJHVRPHPHWKRGRIFDWFKLQJVRRWDQGFUHRVRWHSDUWLFOHVWKDWPD\
IDOOGXULQJWKHFKLPQH\FOHDQLQJSURFHVV,IJODVVGRRUVDUHLQVWDOOHGRQWKH¿UHSODFHWKH\VKRXOGEHFORVHG
([WUDFDXWLRQPXVWEHXVHGWRDYRLGGDPDJHWRWKHÀXHGDPSHUGXULQJWKHFOHDQLQJSURFHVV
,QDGGLWLRQWRFKHFNLQJDQGFOHDQLQJWKHFKLPQH\RQDUHJXODUEDVLVEHVXUHWRLQVSHFWWKHFKLPQH\EHIRUH
VWDUWLQJD¿UHDWWKHEHJLQQLQJRIHDFKKHDWLQJVHDVRQ0DNHVXUHWKHFKLPQH\LVFOHDUIURPDQ\DFFXPXODWLRQ
RIVRRWFUHRVRWHRUDQ\RWKHUGHEULVDQGWKDWDOOMRLQWVDUHLQWDFW
0RQHVVHQ+HDUWK6\VWHPVGRHVQRWUHFRPPHQGFKHPLFDOFOHDQHUVEHFDXVHVRPHPD\FRQWDLQHOHPHQWVWKDW
FRUURGHWKHPHWDOSDUWVRIWKHFKLPQH\RU¿UHSODFH
'5HY