ML21189A031
ML21189A031 | |
Person / Time | |
---|---|
Issue date: | 07/06/2021 |
From: | Joseph Sebrosky NRC/NRR/DANU |
To: | Afzali A, Draffin C, Nichol M Nuclear Energy Institute, Southern Company Services, US Dept of Energy, Office of Nuclear Energy |
References | |
Download: ML21189A031 (29) | |
Text
&Ž
^Ž:Ž
^
d:WD
dŽ
E/,K>D
^ŽE:<:ŽWdŽ<
dŽ,EZZEhhZWŽEZZEhhZd
Žh^d'E<ŽŽŽ
ŽDŽ^D^EZZ^
DŽDd
^
tWŽZŽŽŽŽ
WŽ^/ŽŽ
ZW^/ŽŽ/^'Z&dŽ
$PLU$I]DOL
6RXWKHUQ&RPSDQ\\6HUYLFHV
/LFHQVLQJDQG3ROLF\\'LUHFWRU+/-1H[W*HQHUDWLRQ5HDFWRUV
0DUF1LFKRO
6U'LUHFWRU1HZ5HDFWRUV
1XFOHDU(QHUJ\\,QVWLWXWH
&\\ULO'UDIILQ
6HQLRU)HOORZ$GYDQFHG1XFOHDU
8QLWHG6WDWHV1XFOHDU,QGXVWU\\&RXQFLO
7KHSXUSRVHRIWKLVHPDLOLVWRWUDQVPLWWR\\RXWKHGUDIWZKLWHSDSHUDVVRFLDWHGZLWKWKH
$GYDQFHG5HDFWRU&RQWHQWRI$SSOLFDWLRQ3URMHFW$5&$3&KDSWHU³6LWH,QIRUPDWLRQ'
7KHVWDIILVUHEDVHOLQLQJLWV$5&$3DQG7HFKQRORJ\\,QFOXVLYH&RQWHQWRI$SSOLFDWLRQ3URMHFW
7,&$3GUDIWJXLGDQFHGRFXPHQWVLQ-XO\\RI7KHGDIWJXLGDQFHDVVRFLDWHGZLWK$5&$3
&KDSWHUZDVSUHYLRXVO\\PDGHSXEOLFO\\DYDLODEOHRQ1RYHPEHUVHH
KWWSVZZZQUFJRYGRFV0/0/$SGI7KH1RYHPEHUYHUVLRQZDVQRWLQ
DGUDIWLQWHULPVWDIIJXLGDQFH,6*IRUPDW7KHDWWDFKHGYHUVLRQLVLQWKH,6*IRUPDWDQGRWKHU
PLQRUIRUPDWWLQJFKDQJHVKDYHEHHQPDGHWRWKHGRFXPHQW7KHWHFKQLFDOFRQWHQWRIWKH
GRFXPHQWKDVQRWFKDQJHGIURPWKHSUHYLRXVYHUVLRQ7KHVWDIILVUHLVVXLQJVRPHRIWKHHDUOLHU
YHUVLRQVRIWKH$5&$3DQG7,&$3JXLGDQFHGRFXPHQWVVXFKWKDWWKHGRFXPHQWVDUHLQD
FRQVLVWHQWIRUPDW
7KLVHPDLOLQFOXGLQJWKHDWWDFKPHQWZLOOEHPDGHSXEOLFO\\DYDLODEOHLQ$'$06VXFKWKDWWKH
GRFXPHQWVFDQEHUHIHUHQFHGLQ7DEOHRIWKH$5&$37,&$3SXEOLFZHESDJHVHH
KWWSVZZZQUFJRYUHDFWRUVQHZUHDFWRUVDGYDQFHGGHWDLOVKWPODGY5[&RQWHQW$SS3URM
3OHDVHOHWPHNQRZLI\\RXKDYHDQ\\TXHVWLRQV
6LQFHUHO\\
-RH6HEURVN\\
6HQLRU3URMHFW0DQDJHU
$GYDQFHG5HDFWRU3ROLF\\%UDQFK
2IILFHRI1XFOHDU5HDFWRU5HJXODWLRQ
+HDULQJ,GHQWLILHU
155B'50$
(PDLO1XPEHU
0DLO(QYHORSH3URSHUWLHV 3+350%'$())%
6XEMHFW
'UDIW:KLWH3DSHU$VVRFLDWHGZLWK$GYDQFHG5HDFWRU&RQWHQWRI$SSOLFDWLRQ
3URMHFW&KDSWHU6LWH,QIRUPDWLRQ
6HQW'DWH
30
5HFHLYHG'DWH
30
)URP
6HEURVN\\-RVHSK
&UHDWHG%\\
-RVHSK6HEURVN\\#QUFJRY
5HFLSLHQWV
6DQILOLSSR1DWKDQ1DWKDQ6DQILOLSSR#QUFJRY!
7UDFNLQJ6WDWXV1RQH
-LP&.LQVH\\-UMLPNLQVH\\#LQOJRY!
7UDFNLQJ6WDWXV1RQH
&KULVWRSKHU3&KZDV]&KULVWRSKHU&KZDV]#LQOJRY!
7UDFNLQJ6WDWXV1RQH
7RP.LQJ
WKRPDVNLQJ#JPDLOFRP!
7UDFNLQJ6WDWXV1RQH
7KRPDV+LFNVKLFNVWH#HDUWKOLQNQHW!
7UDFNLQJ6WDWXV1RQH
$867*(1.DWLNUD#QHLRUJ!
7UDFNLQJ6WDWXV1RQH
VWHYHQHVELW#OPQWFRQVXOWLQJFRPVWHYHQHVELW#OPQWFRQVXOWLQJFRP!
7UDFNLQJ6WDWXV1RQH
&KLVKROP%UDQGRQ0LFKDHO%0&+,6+2#6287+(51&2&20!
7UDFNLQJ6WDWXV1RQH
'RULW\\'D\\QD'D\\QD'RULW\\#QUFJRY!
7UDFNLQJ6WDWXV1RQH
6WXW]NH0DUWLQ0DUWLQ6WXW]NH#QUFJRY!
7UDFNLQJ6WDWXV1RQH
6PLWK155%ULDQ%ULDQ6PLWK#QUFJRY!
7UDFNLQJ6WDWXV1RQH
6KDPV0RKDPHG0RKDPHG6KDPV#QUFJRY!
7UDFNLQJ6WDWXV1RQH
0LFKDHO7VFKLOW]PGW#QHLRUJ!
7UDFNLQJ6WDWXV1RQH
- 5283155B'$18B8$53'LVWULEXWLRQ
3URVDQWD&KRZGKXU\\#QUFJRY!
7UDFNLQJ6WDWXV1RQH
$UORQ&RVWD#QUFJRY!
7UDFNLQJ6WDWXV1RQH
$P\\&XEEDJH#QUFJRY!
7UDFNLQJ6WDWXV1RQH
-RUGDQ+RHOOPDQ#QUFJRY!
7UDFNLQJ6WDWXV1RQH
'DZQPDWKHZV.DODWKLYHHWWLO#QUFJRY!
7UDFNLQJ6WDWXV1RQH
0DU\\DP.KDQ#QUFJRY!
7UDFNLQJ6WDWXV1RQH
0DUJDUHW2
%DQLRQ#QUFJRY!
7UDFNLQJ6WDWXV1RQH
(ULF2HVWHUOH#QUFJRY!
7UDFNLQJ6WDWXV1RQH
6WHSKHQ3KLOSRWW#QUFJRY!
7UDFNLQJ6WDWXV1RQH
:LOOLDP5HFNOH\\#QUFJRY!
7UDFNLQJ6WDWXV1RQH
(OL]DEHWK5HHG#QUFJRY!
7UDFNLQJ6WDWXV1RQH
-RVHSK6HEURVN\\#QUFJRY!
7UDFNLQJ6WDWXV1RQH
-RKQ6HJDOD#QUFJRY!
7UDFNLQJ6WDWXV1RQH
-XDQ8ULEH#QUFJRY!
7UDFNLQJ6WDWXV1RQH
1DQHWWH9DOOLHUH#QUFJRY!
7UDFNLQJ6WDWXV1RQH
- 5283155B'$18B8$57'LVWULEXWLRQ
&KULVWRSKHU$GDPV#QUFJRY!
7UDFNLQJ6WDWXV1RQH
0DUJDUHW$XGUDLQ#QUFJRY!
7UDFNLQJ6WDWXV1RQH
$QWRQLR%DUUHWW#QUFJRY!
7UDFNLQJ6WDWXV1RQH
$OH[DQGHU&KHUHVNLQ#QUFJRY!
7UDFNLQJ6WDWXV1RQH
7LPRWK\\'U]HZLHFNL#QUFJRY!
7UDFNLQJ6WDWXV1RQH
0LFKHOOH+DUW#QUFJRY!
7UDFNLQJ6WDWXV1RQH
0LFKHOOH+D\\HV#QUFJRY!
7UDFNLQJ6WDWXV1RQH
,DQ-XQJ#QUFJRY!
7UDFNLQJ6WDWXV1RQH
7LPRWK\\/XSROG#QUFJRY!
7UDFNLQJ6WDWXV1RQH
,PWLD]0DGQL#QUFJRY!
7UDFNLQJ6WDWXV1RQH
0LFKDHO2UHQDN#QUFJRY!
7UDFNLQJ6WDWXV1RQH
+DQK3KDQ#QUFJRY!
7UDFNLQJ6WDWXV1RQH
-DVRQ6FKDSHURZ#QUFJRY!
7UDFNLQJ6WDWXV1RQH
-HIIUH\\6FKPLGW#QUFJRY!
7UDFNLQJ6WDWXV1RQH
DOH[DQGUDVLZ\\#QUFJRY!
7UDFNLQJ6WDWXV1RQH
]HHVWKLODLUH#QUFJRY!
7UDFNLQJ6WDWXV1RQH
%R\\FH7UDYLV#QUFJRY!
7UDFNLQJ6WDWXV1RQH
&KULVWRSKHU9DQ:HUW#QUFJRY!
7UDFNLQJ6WDWXV1RQH
$I]DOL$PLU$$)=$/,#VRXWKHUQFRFRP!
7UDFNLQJ6WDWXV1RQH
1,&+2/0DUFXVPUQ#QHLRUJ!
7UDFNLQJ6WDWXV1RQH
&\\ULO'UDIILQF\\ULOGUDIILQ#XVQLFRUJ!
7UDFNLQJ6WDWXV1RQH
3RVW2IILFH
3+350%QDPSUGSURGRXWORRNFRP
)LOHV
6L]H
'DWH 7LPH
0(66$*(
30
$5&$3&KDSWHU6LWH,QIRUPDWLRQ,QWHULP6WDII*XLGDQFHB'5$)7GRF[
2SWLRQV
3ULRULW\\
1RUPDO
5HWXUQ1RWLILFDWLRQ
1R
5HSO\\5HTXHVWHG
1R
6HQVLWLYLW\\
1RUPDO
([SLUDWLRQ'DWH
'$18>;;@,6*><<<<@
$GYDQFHG5HDFWRU&RQWHQWRI$SSOLFDWLRQ
&KDSWHU³6LWH,QIRUPDWLRQ'
,QWHULP6WDII*XLGDQFH
-XO\\;
7KLVGUDIWVWDIIZKLWHSDSHUKDVEHHQSUHSDUHGDQGLVEHLQJUHOHDVHGWRVXSSRUW
RQJRLQJSXEOLFGLVFXVVLRQV7KLVGUDIWZKLWHSDSHUXVHVDQLQWHULPVWDII
JXLGDQFH,6*IRUPDWEHFDXVHWKHVWDIILVFRQVLGHULQJXVLQJWKLVIRUPDWWR
SURYLGHVWDIIJXLGDQFHLQWKHQHDUIXWXUHWRVXSSRUWWKHUHYLHZRIDGYDQFHG
UHDFWRUDSSOLFDWLRQV
7KLVSDSHUKDVQRWEHHQVXEMHFWWR15&PDQDJHPHQWDQGOHJDOUHYLHZVDQG
DSSURYDOVDQGLWVFRQWHQWVDUHVXEMHFWWRFKDQJHDQGVKRXOGQRWEHLQWHUSUHWHG
DVRIILFLDODJHQF\\SRVLWLRQV
'$18>;;@,6*><<<<@
$GYDQFHG5HDFWRU&RQWHQWRI
$SSOLFDWLRQ
&KDSWHU³6LWH,QIRUPDWLRQ'
,QWHULP6WDII*XLGDQFH
$'$06$FFHVVLRQ1R0/(((((((([
7$&((((((
2)),&(
47(
>3*&%30@
>1557HFKQLFDO
/HDG$XWKRU@
>1557HFKQLFDO/HDG
%UDQFK&KLHI@
1$0(
'$7(
2)),&(
>2WKHU155'LYLVLRQ
'LUHFWRUVDV
DSSURSULDWH@
>2WKHU15&'LYLVLRQ
'LUHFWRUVDV
DSSURSULDWH@
>5HJLRQDO2IILFHVDV
DSSURSULDWH@
2*&
1$0(
'$7(
2)),&(
>3*&%/$@
>1557HFKQLFDO/HDG
'LYLVLRQ'LUHFWRU@
1$0(
'$7(
2)),&,$/5(&25'&23<
,17(5,067$))*8,'$1&(
$'9$1&('5($&725&217(172)$33/,&$7,21
&+$37(5³6,7(,1)250$7,21'
'$18,6*<<<<
385326(
7KH861XFOHDU5HJXODWRU\\&RPPLVVLRQ15&RU&RPPLVVLRQVWDIILVSURYLGLQJWKLVLQWHULP
VWDIIJXLGDQFH,6*WRIDFLOLWDWHWKHUHYLHZRIDGYDQFHGUHDFWRUFRQWHQWRIDSSOLFDWLRQJXLGDQFH
WKDWLVXVHGWRVXSSRUWUHYLHZVRIQRQOLJKWZDWHUUHDFWRUVQRQ/:5VVWDWLRQDU\\PLFUR
UHDFWRUVDQGVPDOOPRGXODU/:5VVXEPLWWLQJULVNLQIRUPHGDSSOLFDWLRQVIRUDFRQVWUXFWLRQ
SHUPLW&3RURSHUDWLQJOLFHQVH2/XQGHU7LWOHRIWKHCode of Federal Regulations
&)53DUW³'RPHVWLF/LFHQVLQJRI3URGXFWLRQDQG8WLOL]DWLRQ)DFLOLWLHV'RUIRUDFRPELQHG
OLFHQVH&2/PDQXIDFWXULQJOLFHQVH0/RUGHVLJQFHUWLILFDWLRQ'&XQGHU&)53DUW
³/LFHQVHV&HUWLILFDWLRQVDQG$SSURYDOVIRU1XFOHDU3RZHU3ODQWV'7KHJXLGDQFHIRXQGLQWKLV
,6*VXSSRUWVWKHGHYHORSPHQWRIWKHSRUWLRQRIDQDGYDQFHGUHDFWRUDSSOLFDWLRQDVVRFLDWHGZLWK
DQDSSOLFDQW¶V³6LWH,QIRUPDWLRQ'
,WLVDQWLFLSDWHGWKDWWKLVJXLGDQFHZLOOEHXSGDWHGWRXVHIRUUHYLHZVRIDGYDQFHGQXFOHDUUHDFWRU
OLFHQVHDQGSHUPLWDSSOLFDWLRQVVXEPLWWHGXQGHU&)53DUW³/LFHQVLQJDQG5HJXODWLRQRI
$GYDQFHG1XFOHDU5HDFWRUV'RQFHWKHFRQWHQWRIWKDWUHJXODWLRQLVGHYHORSHG
%$&.*5281'
7KLV,6*LVEDVHGRQWKHDGYDQFHGUHDFWRUFRQWHQWRIDSSOLFDWLRQSURMHFW$5&$3ZKRVH
SXUSRVHLVWRGHYHORSWHFKQRORJ\\LQFOXVLYHULVNLQIRUPHGDQGSHUIRUPDQFHEDVHGDSSOLFDWLRQ
JXLGDQFH7KH$5&$3LVEURDGHUWKDQDQGHQFRPSDVVHVWKHLQGXVWU\\OHGWHFKQRORJ\\
LQFOXVLYHFRQWHQWRIDSSOLFDWLRQSURMHFW7,&$37KHJXLGDQFHIRXQGLQWKLV,6*VXSSOHPHQWV
WKHJXLGDQFHIRXQGLQ'$18,6*<<<<³$GYDQFHG5HDFWRU&RQWHQWRI$SSOLFDWLRQ
- XLGDQFH'ZKLFKSURYLGHVDURDGPDSIRUGHYHORSLQJDOOSRUWLRQVRIDQDSSOLFDWLRQ7KH
JXLGDQFHLQWKLV,6*LVOLPLWHGWRWKHSRUWLRQRIDQDGYDQFHGUHDFWRUDSSOLFDWLRQDVVRFLDWHGZLWK
WKHGHYHORSPHQWRIULVNLQIRUPHGVLWHLQIRUPDWLRQIRUWKHQXFOHDUUHDFWRUSODQWDSSOLFDQW
7KH3DUWUHJXODWLRQLVXQGHUGHYHORSPHQWDQGDVVXFKWKHJXLGDQFHIRXQGLQWKLVGRFXPHQW
LVVXEMHFWWRFKDQJHEDVHGRQWKHRXWFRPHRIWKLVUXOHPDNLQJ$VWKH&)53DUW
UHTXLUHPHQWVDUHGHYHORSHGWKLV,6*JXLGDQFHZLOOEHVXSSOHPHQWHGDVQHFHVVDU\\WRSURYLGH
JXLGDQFHIRUGHYHORSLQJVLWHLQIRUPDWLRQWRUHIOHFWDQ\\GLIIHUHQFHVLQUHTXLUHPHQWVEHWZHHQ3DUW
DQG3DUW7KHJRDORIWKH&)53DUWUXOHPDNLQJHIIRUWLVWRGHYHORSWKH
UHJXODWRU\\LQIUDVWUXFWXUHWRVXSSRUWWKHOLFHQVLQJRIDGYDQFHGQXFOHDUUHDFWRUV7KHWHUP
µµDGYDQFHGQXFOHDUUHDFWRU¶¶IRUSXUSRVHVRIWKLVUXOHPDNLQJPHDQV³DQXFOHDUILVVLRQRUIXVLRQ
UHDFWRUZLWKVLJQLILFDQWLPSURYHPHQWVFRPSDUHGWRFRPPHUFLDOQXFOHDUUHDFWRUVRSHUDWLQJRQ
WKHGDWHRIHQDFWPHQWRIWKH(QHUJ\\$FWRI'RUXQGHUFRQVWUXFWLRQDVRI-DQXDU\\
7KLVUXOHPDNLQJZRXOGUHYLVHWKH15&
VUHJXODWLRQVE\\DGGLQJDULVNLQIRUPHGWHFKQRORJ\\
LQFOXVLYHUHJXODWRU\\IUDPHZRUNIRUDGYDQFHGQXFOHDUUHDFWRUVLQUHVSRQVHWRDJURZLQJLQWHUHVW
LQSRVVLEOHOLFHQVLQJDQGGHSOR\\PHQWRIDGYDQFHGQXFOHDUUHDFWRUVDQGWKHUHODWHGUHTXLUHPHQWV
RIWKH1XFOHDU(QHUJ\\,QQRYDWLRQDQG0RGHUQL]DWLRQ$FW1(,0$3XEOLF/DZDV
DPHQGHGE\\WKH(QHUJ\\$FWRI.H\\GRFXPHQWVUHODWHGWRWKH3DUWUXOHPDNLQJ
LQFOXGLQJSUHOLPLQDU\\SURSRVHGUXOHODQJXDJHDQGVWDNHKROGHUFRPPHQWVFDQEHIRXQGDW
5HJXODWLRQVJRYXQGHU'RFNHW,'15&
5$7,21$/(
Note - this section will be updated with additional stakeholder interactions - expected during the periodic ARCAP meetings.
$33/,&$%,/,7<
7KLV,6*LVDSSOLFDEOHWRDSSOLFDQWVIRUQRQ/:5VVWDWLRQDU\\PLFURUHDFWRUVDQGVPDOOPRGXODU
/:5VVXEPLWWLQJULVNLQIRUPHGDSSOLFDWLRQVIRUD&3RU2/XQGHU&)53DUWRUIRUD&2/
'&RU0/XQGHU&)53DUW2QFHWKHFRQWHQWRI3DUWLVGHYHORSHGDQGWKLV,6*LV
XSGDWHGZKHUHQHFHVVDU\\WKLVJXLGDQFHZLOODOVRDSSO\\WRDSSOLFDQWVIRUDSRZHUUHDFWRU&3
2/'&DQG0/XQGHU&)53DUW
- 8,'$1&(
&KDSWHU³6LWH,QIRUPDWLRQ'RIWKHVDIHW\\DQDO\\VLVUHSRUW6$5VKRXOGSURYLGHLQIRUPDWLRQRQ
WKHJHRORJLFDODQGGHPRJUDSK\\VHLVPRORJLFDOK\\GURORJLFDODQGPHWHRURORJLFDOFKDUDFWHULVWLFV
RIWKHVLWHDQGWKHVXUURXQGLQJYLFLQLW\\3UHVHQWDQGSURMHFWHGSRSXODWLRQGLVWULEXWLRQODQGXVH
DQGVLWHDFWLYLWLHVDQGFRQWUROVVKRXOGDOVREHGLVFXVVHG7KHSXUSRVHRIWKLVLQIRUPDWLRQLVWR
GHPRQVWUDWHFRPSOLDQFHZLWK&)56XESDUW%³(YDOXDWLRQ)DFWRUVIRU6WDWLRQDU\\3RZHU
5HDFWRU6LWH$SSOLFDWLRQVRQRU$IWHU-DQXDU\\'DQGWKHUHOHYDQWSDUWVRI&)5
DQGWKDWGLVFXVVVLWHUHODWHGLVVXHVDQGWRGHVFULEHWKHVLWHFKDUDFWHULVWLFVXVHGLQWKH
GHVLJQDQGVDIHW\\DQDO\\VLVZKHUHLDGHVLJQEDVLVH[WHUQDOKD]DUGOHYHOPXVWEHVSHFLILHGIRU
HDFKV\\VWHPVWUXFWXUHDQGFRPSRQHQW66&VGHVLJQHGWRZLWKVWDQGWKLVKD]DUGZLWKQR
DGYHUVHLPSDFWRQWKHLUFDSDELOLW\\WRSHUIRUPWKHLUUHTXLUHGVDIHW\\IXQFWLRQ56)RULLDQ66&
LVUHOLHGXSRQWRHVWDEOLVKWKHDGHTXDF\\RIGHIHQVHLQGHSWKDQGPXVWEHGHVLJQHGZLWKVSHFLDO
WUHDWPHQWWRZLWKVWDQGDJLYHQKD]DUG6LWHFKDUDFWHUL]DWLRQGDWDHJPHWHRURORJLFDOUHJLRQDO
VHLVPLFK\\GURORJLFQHHGRQO\\EHSURYLGHGWRWKHH[WHQWWKDWLWLVQHHGHGWRSURYLGHWKHEDVHV
IRUWKHH[WHUQDOKD]DUGVFRQVLGHUHGLQWKHGHVLJQDQGVDIHW\\DQDO\\VLVDQGWKHEDVHVIRU
H[FOXGLQJRWKHUH[WHUQDOKD]DUGV
7KHJXLGDQFHLQWKLVFKDSWHUDSSOLHVWRQRQ/:5VVWDWLRQDU\\PLFURUHDFWRUVDQGVPDOOPRGXODU
/:5VVXEPLWWLQJDSSOLFDWLRQVIRUD&3RU2/XQGHU&)5IRUD&2/XQGHU&)5RU
IRUDQ(DUO\\6LWH3HUPLW(63XQGHU&)57KHJXLGDQFHVSHFLILHVWKHIDFWRUVWREH
FRQVLGHUHGZKHQHYDOXDWLQJVLWHVLQFOXGLQJVHLVPLFDQGQRQVHLVPLFSDUDPHWHUV7KH
LQIRUPDWLRQSURYLGHGLQWKH6$5QHHGVWRGHVFULEHWKHEDVLVIRUWKHVLWHSDUDPHWHUVVHOHFWHGIRU
WKHGHVLJQDQGVDIHW\\DQDO\\VLV+RZHYHUGDWDGRFXPHQWLQJKLVWRULFDOUHFRUGVGHWDLOHG
JHRORJLFDOH[SORUDWLRQGDWDIRUXVHLQHQYLURQPHQWDODVVHVVPHQWVRURWKHUGDWDQRWGLUHFWO\\
UHODWHGWRWKHHVWDEOLVKPHQWRISDUDPHWHUVXVHGLQWKHGHVLJQRUVDIHW\\DQDO\\VLVQHHGQRWEH
LQFOXGHGLQWKH6$5,IQRWLQFOXGHGLQWKH6$5WKHLQIRUPDWLRQVKRXOGEHGRFXPHQWHGLQD
VHSDUDWHUHSRUWDYDLODEOHIRUDXGLWE\\WKH15&VWDIIDQGVSHFLILFDOO\\UHIHUHQFHGLQWKH6$5
)RUGHVLJQFHUWLILFDWLRQ'&DSSOLFDWLRQV&)5D6WDQGDUG'HVLJQ$SSURYDO
6'$DSSOLFDWLRQV&)5DDQG&2/DSSOLFDWLRQVUHIHUHQFLQJDQ(63&)5
EDQGWKH&KDSWHU6$5FRQWHQWVKRXOGGHVFULEHWKHVLWHUHODWHGSDUDPHWHUV
SRVWXODWHGIRUWKHGHVLJQ6SHFLILFDOO\\WKLVVHFWLRQVKRXOGDGGUHVVWKHFRPSOHWHVHWRI
SRVWXODWHGVLWHSDUDPHWHUVWKDWKDYHEHHQFRQVLGHUHGLQWKHGHVLJQLHWRSOHYHOERXQGLQJVLWH
SDUDPHWHUVWKDWKDYHEHHQXVHGWRGHILQHDVLWHDVVXLWDEOHIRUWKHIDFLOLW\\%HFDXVHWKH
SRVWXODWHGVLWHSDUDPHWHUVDUHXVHGLQHYDOXDWLRQVRIWKHVDIHW\\RIWKHGHVLJQWKHDFWXDOVLWH
ZKHUHWKHGHVLJQLVWREHORFDWHGPXVWIDOOZLWKLQWKHSRVWXODWHGVLWHSDUDPHWHUVDVVXPHGLQWKH
GHVLJQDQGVDIHW\\DQDO\\VLV1(,³,QGXVWU\\*XLGHOLQHIRU'HYHORSLQJD3ODQW(QYHORSHLQ
6XSSRUWRIDQ(DUO\\6LWH3HUPLW'GDWHG0DUFK$'$06$FFHVVLRQ1R0/
FRQWDLQVDFRPSUHKHQVLYHGHVFULSWLRQRIWKHVLWHSDUDPHWHUVWKDWQHHGWREHGHILQHGWRHVWDEOLVK
WKHVLWHHQYHORSH
)RU&3&)5DQG2/&)5DQG(63&)5&2/
&)5DLWKURXJKYL&2/UHIHUHQFLQJD'&RUDQ6'$&)5DSSOLFDWLRQV
WKLVVHFWLRQRIWKH6$5VKRXOGGHPRQVWUDWHWKDWWKHUHTXLUHPHQWVRI&)56XESDUW%
DQGWKHVLWHUHODWHGSDUWVRI&)5RUDUHPHWDQGVKRXOGGHVFULEHWKHVLWHSDUDPHWHUV
XVHGLQWKHGHVLJQDQGVDIHW\\DQDO\\VLVDQGWKHLUEDVHV
7KHGHVFULSWLRQVLQWKLVFKDSWHUDUHEDVHGRQWKHLQIRUPDWLRQWKDWLVH[SHFWHGWREHSURYLGHGLQ
DILQDOVDIHW\\DQDO\\VLVUHSRUW)6$5$VGHVFULEHGLQ&)5DDSUHOLPLQDU\\VDIHW\\
DQDO\\VLVUHSRUW36$5VKRXOGFRQWDLQLQIRUPDWLRQVXIILFLHQWWRVKRZWKDWWKHVLWHHYDOXDWLRQ
IDFWRUVRI&)5DUHPHW7KLVHVVHQWLDOO\\PHDQVWKDWWKH36$5VLWHLQIRUPDWLRQQHHGVWR
UHIOHFWILQDOVLWHFKDUDFWHUL]DWLRQGDWD+RZHYHULQVRPHFDVHVDGGLWLRQDOFRQILUPDWRU\\VLWH
FKDUDFWHUL]DWLRQZRUNPD\\WDNHSODFHGXULQJWKHFRQVWUXFWLRQSHULRGLQZKLFKFDVHWKH&3
DSSOLFDWLRQQHHGVWRGHVFULEHDQ\\FRPPLWPHQWVWRIXUWKHUFKDUDFWHUL]HWKHVLWH
)RUWKHDVVHVVPHQWRIH[WHUQDOKD]DUGVLQDFFRUGDQFHZLWKUHJXODWRU\\JXLGH5*
³*XLGDQFHIRUD7HFKQRORJ\\,QFOXVLYH5LVN,QIRUPHGDQG3HUIRUPDQFH%DVHG0HWKRGRORJ\\WR
,QIRUPWKH/LFHQVLQJ%DVLVDQG&RQWHQWRI$SSOLFDWLRQVIRU/LFHQVHV&HUWLILFDWLRQVDQG
$SSURYDOVIRU1RQ/LJKW:DWHU5HDFWRUV'$'$06$FFHVVLRQ1R0//DVHWRI
'HVLJQ%DVLV([WHUQDO+D]DUG/HYHOV'%(+/VZLOOEHVHOHFWHGWRIRUPDQLPSRUWDQWSDUWRIWKH
GHVLJQDQGOLFHQVLQJEDVLV7KLVZLOOGHWHUPLQHWKHGHVLJQEDVLVVHLVPLFHYHQWVDQGRWKHU
H[WHUQDOHYHQWVWKDWWKHVDIHW\\UHODWHG6566&VZLOOEHUHTXLUHGWRZLWKVWDQG:KHQ
VXSSRUWHGE\\DYDLODEOHPHWKRGVGDWDGHVLJQVLWHLQIRUPDWLRQDQGVXSSRUWLQJJXLGHVDQG
VWDQGDUGVWKHVH'%(+/VZLOOEHLQIRUPHGE\\DSUREDELOLVWLFH[WHUQDOKD]DUGVDQDO\\VLVDQGZLOO
EHLQFOXGHGLQWKHSUREDELOLVWLFULVNDVVHVVPHQW35$DIWHUWKHGHVLJQIHDWXUHVWKDWDUH
LQFRUSRUDWHGWRZLWKVWDQGWKHVHKD]DUGVDUHGHILQHG2WKHUH[WHUQDOKD]DUGVQRWVXSSRUWHGE\\
DSUREDELOLVWLFKD]DUGDQDO\\VLVZLOOEHFRYHUHGE\\'%(+/VWKDWDUHGHWHUPLQHGXVLQJWUDGLWLRQDO
GHWHUPLQLVWLFPHWKRGV
,QPDQ\\FDVHVLWLVH[SHFWHGWKDWWKHLQLWLDOVHOHFWLRQRI6566&VDQGVHOHFWLRQRIWKHGHVLJQ
EDVLVDFFLGHQWV'%$VZLOOEHEDVHGRQD35$WKDWLQFOXGHVLQWHUQDOHYHQWVEXWKDVQRW\\HW
EHHQH[SDQGHGWRDGGUHVVH[WHUQDOKD]DUGV:LWKWKHXQGHUVWDQGLQJWKDW6566&VDUH
UHTXLUHGWREHFDSDEOHRISHUIRUPLQJWKHLUUHTXLUHGVDIHW\\IXQFWLRQVLQUHVSRQVHWRH[WHUQDO
HYHQWVZLWKLQWKH'%(+/WKHUHZLOOEHQRQHZGHVLJQEDVLVDFFLGHQWVLQWURGXFHGE\\H[WHUQDO
KD]DUGV
6RPHGHVLJQEDVLVH[WHUQDOHYHQWVVXFKDVH[WHUQDOIORRGVRUVHLVPLFHYHQWVPD\\LPSDFW
PXOWLSOHUHDFWRUPRGXOHVFRQFXUUHQWO\\WKHUHIRUHDGHVLJQREMHFWLYHZRXOGEHWRSUHYHQWD
VXEVWDQWLDOUHOHDVHIRUVXFKHYHQWV,IDQ66&LVUHOLHGXSRQWRHVWDEOLVKWKHDGHTXDF\\RI
GHIHQVHLQGHSWKDQDO\\VLVPD\\UHTXLUHWKDWWKH66&EHGHVLJQHGZLWKVSHFLDOWUHDWPHQWWR
ZLWKVWDQGDJLYHQKD]DUG
$FFHSWDQFHFULWHULDDUHEDVHGRQPHHWLQJWKHUHOHYDQWUHTXLUHPHQWVRIWKHIROORZLQJ
&RPPLVVLRQUHJXODWLRQV
&)56XESDUW%
&)5D
&)5D
&)5EDQG
&)5DQG
&)5DQG
&)5
&)5DLWKURXJKYL
&)5DQG
&)5D
&RQWHQWVRISite Information
7KHIROORZLQJVXEVHFWLRQVGHVFULEHWKHLQIRUPDWLRQH[SHFWHGWREHLQFOXGHGLQWKH6$5IRUWKRVH
DSSOLFDWLRQVWKDWLQFOXGHDUHTXHVWIRUVLWHDSSURYDOLH&32/&2/(63DQG&2/
UHIHUHQFLQJD'&RUDQ6'$
6LWH&KDUDFWHULVWLFVDQG6LWH3DUDPHWHUV2YHUYLHZ
$VUHTXLUHGE\\&)5FWKLVVXEVHFWLRQVKRXOGSURYLGHDQRYHUYLHZRIWKHVLWH
ORFDWLRQWKHVXUURXQGLQJDUHDORFDODQGUHJLRQDOJHRORJLFDOVHLVPRORJLFDOK\\GURORJLFDO
DQGPHWHRURORJLFDOFKDUDFWHULVWLFV&XUUHQWDQGSURMHFWHGDUHDSRSXODWLRQGLVWULEXWLRQV
VXUURXQGLQJWKHVLWHVKRXOGEHLGHQWLILHGDVZHOODVODQGXVHDQGDFFHVVFRQWUROWR
VXUURXQGLQJDUHDV7KHVHFWLRQVEHORZSURYLGHDGGLWLRQDOGHVFULSWLRQVRIWKHLQIRUPDWLRQ
UHTXHVWHGDQGWKHDFFHSWDQFHFULWHULDDSSOLFDEOHLQHDFKRIWKHVHDUHDV,QSURYLGLQJWKH
LQIRUPDWLRQUHTXHVWHGLQWKHVHFWLRQVEHORZWKHUHJXODWRU\\JXLGDQFHXVHGE\\WKH
DSSOLFDQWVKRXOGEHLGHQWLILHGDQGMXVWLILHGDVDSSURSULDWHIRUXVH'HYLDWLRQVIURPWKH
UHJXODWRU\\JXLGDQFHXVHGVKRXOGEHH[SODLQHGDQGMXVWLILHG0HWKRGVXVHGDVDQ
DOWHUQDWLYHWRUHJXODWRU\\JXLGDQFHVKRXOGEHGHVFULEHGDQGMXVWLILHG3UHYLRXVVWXGLHV
XVHGWRMXVWLI\\FRQFOXVLRQVDERXWWKHVLWHVKRXOGEHUHIHUHQFHGDQGPDGHDYDLODEOHIRU
15&VWDIIDXGLW
,QDFFRUGDQFHZLWK&)5DIDQGJWKHDSSOLFDWLRQVKRXOGFRQILUPWKH
VLWHGRHVQRWSRVHDQ\\VLJQLILFDQWLPSHGLPHQWVWRWKHGHYHORSPHQWRIHPHUJHQF\\SODQV
WKDWDGHTXDWHVHFXULW\\PHDVXUHVFDQEHGHYHORSHGDQGWKDWWKHUDGLRORJLFDOULVNWRWKH
SXEOLFIURPSRWHQWLDODFFLGHQWVLVORZ
$FFHSWDQFH&ULWHULD
D 7KHDSSOLFDWLRQSURYLGHVDQGVXEVWDQWLDWHVVXIILFLHQWLQIRUPDWLRQWRHVWDEOLVKDFWXDO
FKDUDFWHULVWLFVRIWKHSURSRVHGVLWHIRU&32/(63DQG&2/DSSOLFDWLRQVRUKDV
SRVWXODWHGVLWHSDUDPHWHUVXVHGLQ'&RU6'$DSSOLFDWLRQVWKDWZLOOOLNHO\\ERXQG
DFWXDOVLWHSDUDPHWHUVIRUVLWHVWKDWPD\\EHSURSRVHGIRUORFDWLQJD'&RU6'$
GHVLJQ
E 7KHLQIRUPDWLRQSURYLGHGLVVXIILFLHQWIRUWKHUHYLHZHUWRGHWHUPLQHWKDWLQWKH
GHYHORSPHQWRIHPHUJHQF\\SODQVWKHUHDUHQRFRQVWULFWLRQVWRHJUHVVSDWKZD\\VDQG
WKDWWKHUHDUHPXOWLGLUHFWLRQHJUHVVSDWKZD\\VWKDWZRXOGVXSSRUWUHORFDWLQJ
PHPEHUVRIWKHSXEOLFWRDVDIHORFDWLRQIROORZLQJRULQDQWLFLSDWLRQRIDUHOHDVHRI
UDGLRDFWLYHPDWHULDODQGOLNHZLVHZRXOGVXSSRUWHPHUJHQF\\UHVSRQGHUVLQJUHVVWR
WKHVLWH
F 7KHDSSOLFDWLRQFRQWDLQVVXIILFLHQWLQIRUPDWLRQWRFRQFOXGHWKDWWKHVLWHGRHVQRW
FRQWDLQDQ\\JHRJUDSKLFDOIHDWXUHVWKDWZRXOGJLYHDQDWWDFNHUDWDFWLFDODGYDQWDJHRU
DIIHFWWKHHVWDEOLVKPHQWRIHIIHFWLYHVHFXULW\\PHDVXUHV
G 5HJDUGLQJWKHGHPRQVWUDWLRQRIORZUDGLRORJLFDOULVNWRWKHSXEOLFWKHDSSOLFDWLRQ
VKRZVWKDWWKHUHTXLUHPHQWVRI&)5DDUHPHWZKHQXVLQJVLWHVSHFLILF
SDUDPHWHUV
H 5HJXODWRU\\JXLGDQFHXVHGLVLGHQWLILHGDORQJZLWKMXVWLILFDWLRQIRULWVXVH$OWHUQDWLYHV
WRUHJXODWRU\\JXLGDQFHRUSUHYLRXVVWXGLHVXVHGDUHOLNHZLVHLGHQWLILHGDQGMXVWLILHG
- HRJUDSK\\DQG'HPRJUDSK\\
6LWH/RFDWLRQDQG'HVFULSWLRQ
7KLVVXEVHFWLRQVKRXOGLQFOXGHDVXLWDEO\\VFDOHGPDSGHSLFWLQJWKHVLWHDUHDZLWK
H[SODQDWRU\\WH[WDVQHFHVVDU\\7KHDSSOLFDWLRQVKRXOGVSHFLI\\WKHORFDWLRQRI
HDFKUHDFWRUDWWKHVLWHE\\ODWLWXGHDQGORQJLWXGHWRWKHQHDUHVWVHFRQGDQGE\\
8QLYHUVDO7UDQVYHUVH0HUFDWRU&RRUGLQDWHV]RQHQXPEHUQRUWKLQJDQGHDVWLQJ
DVIRXQGRQWRSRJUDSKLFDOPDSVSUHSDUHGE\\WKH86*HRORJLFDO6XUYH\\
86*6WRWKHQHDUHVWPHWHUVIHHW7KHDSSOLFDQWVKRXOGFRQVXOWWKH
86*6PDSLQGH[IRUVSHFLILFQDPHVRIWKHPLQXWHTXDGUDQJOHVWKDWEUDFNHW
WKHVLWHDUHD7KLVVHFWLRQVKRXOGDOVRLGHQWLI\\WKH)HGHUDO6WDWHDQGFRXQW\\RU
RWKHUSROLWLFDOVXEGLYLVLRQVLQZKLFKWKHVLWHLVORFDWHGDVZHOODVWKHORFDWLRQRI
WKHVLWHZLWKUHVSHFWWRSURPLQHQWQDWXUDOIHDWXUHVVXFKDVULYHUVDQGODNHVDQG
PDQPDGHIHDWXUHVVXFKDVLQGXVWULDOPLOLWDU\\DQGWUDQVSRUWDWLRQIDFLOLWLHV
$FFHSWDQFH&ULWHULD
D 7KHVLWHPDSVKRXOGGHVFULEHKLJKZD\\VUDLOURDGVDQGZDWHUZD\\VWKDW
WUDYHUVHWKHH[FOXVLRQDUHDDQGSURYLGHDFRPSOHWHWRSRJUDSKLFDOGHVFULSWLRQ
RIWKHVLWHDQGVXUURXQGLQJDUHDRXWWRPLOHVNLORPHWHUV
E 7KHVLWHPDSVKRXOGFRQWDLQVXIILFLHQWLQIRUPDWLRQWRDOORZWKHUHYLHZHUWR
LGHQWLI\\WKHW\\SHVDQGORFDWLRQVRIQDWXUDODQGPDQPDGHIHDWXUHVDQG
SRWHQWLDOKD]DUGVRQRUQHDUWKHVLWHDQGWKHORFDO6WDWHRU)HGHUDO
MXULVGLFWLRQVDVVRFLDWHGZLWKWKHVLWHDQGLWVVXUURXQGLQJDUHD
([FOXVLRQ$UHD$XWKRULW\\DQG&RQWURO
7KLVVXEVHFWLRQVKRXOGLQFOXGHGHVFULSWLRQVRIWKHH[FOXVLRQDUHDDQGWKH
DSSOLFDQW¶VOHJDOULJKWVZLWKUHVSHFWWRDOODUHDVWKDWOLHZLWKLQWKHGHVLJQDWHG
H[FOXVLRQDUHD$VVSHFLILHGE\\&)5DWKLVGHVFULSWLRQVKRXOG
HVWDEOLVKWKDWWKHDSSOLFDQWKDVWKHDXWKRULW\\WRGHWHUPLQHDOODFWLYLWLHVLQFOXGLQJ
FRQWURORIWUDIILFDQGH[FOXVLRQDQGUHPRYDORISHUVRQQHODQGSURSHUW\\IURPWKH
DUHD7KHGLVFXVVLRQVKRXOGDOVRDGGUHVVWKHVWDWXVRIPLQHUDOULJKWVDQG
HDVHPHQWVZLWKLQWKLVDUHD
,IWKHDSSOLFDQWKDVQRWREWDLQHGRZQHUVKLSRIDOOODQGZLWKLQWKHH[FOXVLRQDUHDLW
VKRXOGXVHDVFDOHGPDSRIWKHH[FOXVLRQDUHDWRFOHDUO\\GHVFULEHWKRVHSDUFHOV
RIODQGQRWRZQHGZLWKLQWKHDUHD7KHDSSOLFDQWVKRXOGDOVRFOHDUO\\GHVFULEHWKH
VWDWXVRIWKHSURFHHGLQJVDQGWKHVFKHGXOHWRREWDLQRZQHUVKLSRUWKHUHTXLUHG
DXWKRULW\\RYHUWKHODQGIRUWKHOLIHRIWKHIDFLOLW\\7KLVVHFWLRQVKRXOGJLYHWKH
PLQLPXPGLVWDQFHWRDQGGLUHFWLRQRIWKHH[FOXVLRQDUHDERXQGDU\\($%IRUERWK
SUHVHQWDQGSURSRVHGRZQHUVKLS,IWKHH[FOXVLRQDUHDH[WHQGVLQWRDERG\\RI
ZDWHUWKHDSSOLFDWLRQVKRXOGVSHFLILFDOO\\DGGUHVVWKHEDVHVXSRQZKLFKLWKDV
EHHQGHWHUPLQHGWKDWWKHDSSOLFDQWKROGVRUZLOOKROGWKHDXWKRULW\\RYHUWKLV
SRUWLRQRIWKHH[FOXVLRQDUHD
$FWLYLWLHVWKDWZLOOEHSHUPLWWHGZLWKLQWKHH[FOXVLRQ]RQHRUWKDWDUHXQUHODWHGWR
IDFLOLW\\RSHUDWLRQDVLGHIURPWUDQVLWWKURXJKWKHDUHDVKRXOGEHGHVFULEHGDQG
VKRXOGQRWSRVHDVLJQLILFDQWKD]DUGWRWKHSXEOLFKHDOWKDQGVDIHW\\/LPLWDWLRQV
DQGFRQGLWLRQVLPSRVHGWRFRQWURODFWLYLWLHVXQUHODWHGWRIDFLOLW\\RSHUDWLRQV
LQFOXGLQJDFFLGHQWVDVVRFLDWHGZLWKVXFKDFWLYLWLHVDUUDQJHPHQWVIRUWUDIILF
FRQWURODQGDEDQGRQPHQWRUUHORFDWLRQRIURDGVVKRXOGEHGLVFXVVHG
$FFHSWDQFH&ULWHULD
D 7KHLQIRUPDWLRQSURYLGHGE\\WKHDSSOLFDQWSURYLGHVVXIILFLHQWGHWDLOWRHQDEOH
WKHUHYLHZHUWRHYDOXDWHWKHDSSOLFDQW¶VOHJDODXWKRULW\\ZLWKLQWKHGHVLJQDWHG
H[FOXVLRQDUHD
E 7KHLQIRUPDWLRQSURYLGHGE\\WKHDSSOLFDQWFRQILUPVWKDWDQ\\DFWLYLWLHV
SHUPLWWHGZLWKLQWKHH[FOXVLRQDUHDSRVHQRKD]DUGWRWKHIDFLOLW\\DQGWKHUHLV
UHDVRQDEOHDVVXUDQFHWKDWSHUVRQVHQJDJHGLQVXFKDFWLYLWLHVFDQEH
HYDFXDWHGZLWKRXWUHFHLYLQJDGGLWLRQDOUDGLDWLRQGRVHVLQH[FHVVRIWKHYDOXHV
JLYHQLQ&)5D
F 7KHDSSOLFDWLRQFRQILUPVWKDWWKHDSSOLFDQWKDVWKHDXWKRULW\\WRGHWHUPLQHDOO
DFWLYLWLHVZLWKLQWKHH[FOXVLRQDUHDLQFOXGLQJH[FOXVLRQWUDIILFFRQWURORU
UHPRYDORISHUVRQQHORUSURSHUW\\IURPWKHDUHD
3RSXODWLRQ'LVWULEXWLRQ
,QDFFRUGDQFHZLWK&)5DQGDEDQGKSRSXODWLRQGDWDEDVHG
RQWKHODWHVWFHQVXVGDWDVKRXOGEHSURYLGHGEDVHGRQWKHSURMHFWHG\\HDURI
IDFLOLW\\DSSURYDODQGHDFKGHFDGHWKHUHDIWHURXWWRWKHUHTXHVWHGRSHUDWLQJ
SHULRGRIWKHIDFLOLW\\QRWWRH[FHHG\\HDUVXVLQJDJHRJUDSKLFDOIRUPDWDVJLYHQ
LQ5*³6WDQGDUG)RUPDWDQG&RQWHQWRI6DIHW\\$QDO\\VLV5HSRUWVIRU
1XFOHDU3RZHU3ODQWV'6SHFLILFORFDWLRQVRISRWHQWLDOO\\DIIHFWHGSRSXODWLRQV
VXUURXQGLQJWKHVLWHVKRXOGEHLGHQWLILHGDQGGHVFULEHG'LVFXVVLRQVKRXOG
LQFOXGHSURSRVHGH[FOXVLRQDUHDERXQGDULHVORFDODQGVXUURXQGLQJDUHDDFFHVV
FRQWURODFWLYLWLHVWUDIILFDQGWUDQVLHQWDQGSHUPDQHQWSRSXODWLRQGHQVLWLHVWKDW
PD\\EHLQIOXHQFHGE\\WKHIDFLOLW\\RUVXUURXQGLQJUHFUHDWLRQDOODQGXVH
'LVFXVVLRQVVKRXOGEHDWDOHYHODQGH[WHQWFRPPHQVXUDWHZLWKWKHSRWHQWLDO
YXOQHUDELOLWLHVDQGULVNVDVVRFLDWHGZLWKQRUPDODQGRIIQRUPDOIDFLOLW\\RSHUDWLRQV
7KLVVHFWLRQVKRXOGGHVFULEHLQIRUPDWLRQUHJDUGLQJ
3RSXODWLRQZLWKLQWKHRXWHUHGJHRIWKHSOXPHH[SRVXUHSDWKZD\\HPHUJHQF\\
SODQQLQJ]RQH
3RSXODWLRQLQIRUPDWLRQQHFHVVDU\\WRSURYLGHLQJHVWLRQUHVSRQVHSODQQLQJ
7UDQVLHQWSRSXODWLRQ
'HVFULSWLRQRIWKHORZSRSXODWLRQ]RQH/3=+/-UHIHUWR5HJXODWRU\\*XLGH
³*HQHUDO6LWH6XLWDELOLW\\&ULWHULDIRU1XFOHDU3RZHU6WDWLRQV'
7KHQHDUHVWERXQGDU\\RIWKHFORVHVWSRSXODWLRQFHQWHUFRQWDLQLQJRU
PRUHUHVLGHQWV
3RSXODWLRQGHQVLW\\RXWWRPLOHVNPIURPWKHSURSRVHGIDFLOLW\\VLWH
$FFHSWDQFH&ULWHULD
D 7KHDSSOLFDWLRQFRQILUPVWKDWWKHSRSXODWLRQGDWDSURYLGHGLVEDVHGRQWKH
ODWHVWFHQVXVDQGWKDWWKHPHWKRGVDQGVRXUFHVXVHGWRPDNHIXWXUH
SRSXODWLRQSURMHFWLRQVDUHGHVFULEHGUHDVRQDEOHDQGXVHGWRSURMHFW
SRSXODWLRQGLVWULEXWLRQDWWKH\\HDURIIDFLOLW\\DSSURYDODQGRXWWRWKHUHTXHVWHG
RSHUDWLQJSHULRGRIWKHIDFLOLW\\QRWWRH[FHHG\\HDUV
E 7KHDSSOLFDWLRQGHVFULEHVWKHWLPLQJPDJQLWXGHDQGUDWLRQDOHIRUDQ\\
WUDQVLHQWSRSXODWLRQVLQWKHYLFLQLW\\RIWKHVLWH
F 7KHDSSOLFDWLRQSURYLGHVLQIRUPDWLRQWKDWGHILQHVWKH/3=DQGGHPRQVWUDWHV
SURWHFWLYHPHDVXUHVFDQEHWDNHQIRUWKHSRSXODWLRQZLWKLQWKH/3=
G 7KHDSSOLFDWLRQVKRZVWKDWWKHQHDUHVWSRSXODWLRQFHQWHURISHRSOHRU
PRUHLVDWOHDVWWLPHVWKHGLVWDQFHWRWKHRXWHUHGJHRIWKH/3=VRWKDW
WKHIDFLOLW\\LVORFDWHGDZD\\IURPGHQVHO\\SRSXODWHGFHQWHUV
H 3RSXODWLRQGHQVLW\\FRQIRUPVWRWKHJXLGHOLQHVLQ5*
I
- KHQ&RPPLVVLRQGLUHFWLRQLVUHFHLYHGRQ6(&<³3RSXODWLRQ
5HODWHG6LWLQJ&RQVLGHUDWLRQVIRU$GYDQFHG5HDFWRUV'WKDWGLUHFWLRQZLOO
QHHGWREHIDFWRUHGLQWRWKHDFFHSWDQFHFULWHULD
1HDUE\\,QGXVWULDO7UDQVSRUWDWLRQDQG0LOLWDU\\)DFLOLWLHV
,QDFFRUGDQFHZLWK&)5EDQGHSRWHQWLDOKD]DUGVDVVRFLDWHGZLWK
QHDUE\\WUDQVSRUWDWLRQURXWHVLQGXVWULDODQGPLOLWDU\\IDFLOLWLHVDQGFLYLOLDQDQGPLOLWDU\\
DLUSRUWVPXVWEHHYDOXDWHG7KHUHYLHZIRFXVHVRQSRWHQWLDOH[WHUQDOKD]DUGVRU
KD]DUGRXVPDWHULDOVWKDWDUHSUHVHQWWUDQVSRUWHGRUPD\\UHDVRQDEO\\EHH[SHFWHGWREH
SUHVHQWRUWUDQVSRUWHGGXULQJWKHSURMHFWHGOLIHWLPHRIWKHSURSRVHGIDFLOLW\\7KH
HYDOXDWLRQVKRXOGFRYHUWKHQDWXUHDQGH[WHQWRIWKHQHDUE\\DFWLYLWLHVLQFOXGLQJORFDWLRQ
GLVWDQFHIURPWKHVLWHIUHTXHQF\\RIWKHDFWLYLWLHVDQGWKHSRWHQWLDOKD]DUGWKH\\SRVHWR
WKHSURSRVHGIDFLOLW\\
7KHDSSOLFDWLRQVKRXOGHYDOXDWHWKHLQGXVWULDODQGPLOLWDU\\DFWLYLWLHVZLWKLQPLOHVNP
IURPWKHIDFLOLW\\VLWHIRUKD]DUGRXVDFWLYLWLHVZLWKVSHFLDODWWHQWLRQWRDFWLYLWLHVZLWKLQ
PLOHVNPIURPWKHVLWHWKDWFDQSRWHQWLDOO\\GDPDJHWKHIDFLOLW\\)DFLOLWLHVDQGDFWLYLWLHV
DWGLVWDQFHVJUHDWHUWKDQPLOHVNPVKRXOGDOVREHFRQVLGHUHGLIWKH\\KDYHWKH
SRWHQWLDOIRUDIIHFWLQJIDFLOLW\\VDIHW\\UHODWHGIHDWXUHV7KHHYDOXDWLRQVKRXOGEHEDVHGRQ
VWDWLVWLFDOGDWDIRUHDFKLGHQWLILHGKD]DUG(DFKKD]DUGWKDWKDVWKHSRWHQWLDOWRUHVXOWLQ
DQHYHQWVHTXHQFHZLWKDQHVWLPDWHGIUHTXHQF\\RIRFFXUUHQFHJUHDWHUWKDQLQ
PLOOLRQSHU\\HDUVKRXOGEHHYDOXDWHGIRULWVSRWHQWLDOWRDIIHFWWKHIDFLOLW\\VXFKWKDWWKH
&)5GRVHJXLGHOLQHVLH&)5DFRXOGEHH[FHHGHG,IWKHIUHTXHQF\\RI
WKHKD]DUGFDQQRWEHGHWHUPLQHGLWLVDFFHSWDEOHWRXVHDQLQLWLDWLQJHYHQWIUHTXHQF\\RI
RQHLQRQHPLOOLRQSHU\\HDUSURYLGHGWKHUHLVTXDOLWDWLYHMXVWLILFDWLRQWKDWWKHUHDOLVWLF
IUHTXHQF\\LVORZHU,IWKHHYHQWVHTXHQFHKDVWKHSRWHQWLDOWRH[FHHGWKH&)5
GRVHJXLGHOLQHVWKHKD]DUGVKDOOEHFRQVLGHUHGDOLFHQVLQJEDVLVHYHQWDQGWKHGHVLJQ
SDUDPHWHUVIRUWKHDIIHFWHG66&VLGHQWLILHG
7KHDVVHVVPHQWRIHDFKKD]DUGIRULWVSRWHQWLDOWREHFRPHDOLFHQVLQJEDVLVHYHQWIRU
WKHSURSRVHGIDFLOLW\\DUHGHVFULEHGLQ1(,DQG5*7KHDSSOLFDQWVKRXOG
DOVRGHWHUPLQHZKHWKHUEXONVWRUDJHRIKD]DUGRXVPDWHULDOVLVSUHVHQWDWRUQHDUWKHVLWH
DQGDVVHVVWKHLPSDFWRIH[SORVLRQVVHH5*³(YDOXDWLRQRI([SORVLRQV3RVWXODWHG
WR2FFXUDW1HDUE\\)DFLOLWLHVDQGRQ7UDQVSRUWDWLRQ5RXWHV1HDU133V'DQGRU
KD]DUGRXVFKHPLFDOUHOHDVHVRQIDFLOLW\\VDIHW\\7KHHYDOXDWLRQQHHGVWRVKRZWKDWWKHUH
LVQRXQGXHULVNWRWKHDSSOLFDQW¶VIDFLOLW\\IURPWKHVHKD]DUGVEHFDXVHWKH\\DUHUDUH
HYHQWVWKH\\KDYHQHJOLJLEOHFRQVHTXHQFHVRUDUHFRQVLGHUHGLQWKHIDFLOLW\\VDIHW\\
GHVLJQ
$GGLWLRQDOH[SODQDWLRQUHJDUGLQJWKHVFRSHRIWKHKD]DUGVWREHFRQVLGHUHGFDQEHIRXQG
LQ5HJXODWRU\\*XLGH³*HQHUDO6LWH6XLWDELOLW\\&ULWHULDIRU1XFOHDU3RZHU6WDWLRQV'
$FFHSWDQFH&ULWHULD
D 7KHLQIRUPDWLRQLQWKHDSSOLFDWLRQSURYLGHVDFRPSOHWHDQGFXUUHQWRYHUYLHZRIWKH
IDFLOLWLHVDFWLYLWLHVDQGPDWHULDOVORFDWHGDQGRUWUDQVSRUWHGLQRUWKURXJKWKHYLFLQLW\\
RIWKHSURSRVHGVLWH
E 7KHDSSOLFDWLRQGHVFULEHVWKHQDWXUHDQGH[WHQWRIDFWLYLWLHVFRQGXFWHGDWWKHVLWH
DQGLQLWVYLFLQLW\\LQFOXGLQJWKHSURGXFWVDQGPDWHULDOVOLNHO\\WREHSURFHVVHGVWRUHG
XVHGRUWUDQVSRUWHGDQGIDFLOLWLHVQHDUE\\LQFOXGLQJWKHLUORFDWLRQDQGGLVWDQFHIURP
WKHIDFLOLW\\DQGWKHQDWXUHRIWKHKD]DUGWKH\\SRVHWRWKHSURSRVHGIDFLOLW\\
F 7KHDSSOLFDWLRQSURYLGHVVXIILFLHQWVWDWLVWLFDOGDWDWRHVWDEOLVKWKHEDVLVIRUHYDOXDWLQJ
HDFKSRWHQWLDOKD]DUGWRWKHIDFLOLW\\DWWKHSURSRVHGVLWH
G 7KHDSSOLFDWLRQDVVHVVHGHDFKSRWHQWLDOKD]DUGDWWKHVLWHXVLQJDSSURSULDWH
PHWKRGRORJ\\UHFRPPHQGHGLQ1(,5HYRULQMXVWLILHGDOWHUQDWLYHJXLGDQFH
DQGGDWD
5HJLRQDO&OLPDWRORJ\\/RFDO0HWHRURORJ\\DQG$WPRVSKHULF'LVSHUVLRQ
,QDFFRUGDQFHZLWK&)5FWKLVVXEVHFWLRQRIWKHDSSOLFDWLRQVKRXOGGHVFULEH
PHWHRURORJLFDOFKDUDFWHULVWLFVDWWKHVLWHDQGWKHVXUURXQGLQJDUHDLQFOXGLQJVRXUFHVIRU
WKHPHWHRURORJLFDOKD]DUGVXVHGDVGHVLJQSDUDPHWHUVQRWHWKDWPRUHXSGDWHGVRXUFHV
PD\\EHDYDLODEOH7KHJHQHUDOFOLPDWHRIWKHUHJLRQVKRXOGEHGHVFULEHGZLWKUHVSHFWWR
JHQHUDODLUIORZSDWWHUQVZLQGGLUHFWLRQDQGVSHHGWHPSHUDWXUHDQGKXPLGLW\\
SUHFLSLWDWLRQUDLQVQRZVOHHWDQGIUHH]LQJUDLQSRWHQWLDOLQIOXHQFHVIURPUHJLRQDO
WRSRJUDSK\\DQGUHODWLRQVKLSVEHWZHHQV\\QRSWLFVFDOHDWPRVSKHULFSURFHVVHVDQGORFDO
VLWHPHWHRURORJLFDOFRQGLWLRQV
5HJLRQDOPHWHRURORJLFDOGDWDVKRXOGEHEDVHGRQFOLPDWHVXPPDULHVSURGXFHGE\\WKH
1DWLRQDO2FHDQRJUDSKLFDQG$WPRVSKHUH$GPLQLVWUDWLRQ12$$DQGVHYHUHZHDWKHU
EDVHGRQGDWDIURPWKH1DWLRQDO:HDWKHU6HUYLFH1:6PLOLWDU\\RURWKHUUHFRJQL]HG
RUJDQL]DWLRQ+LVWRULFDOUHFRUGVVKRXOGEHH[DPLQHGZLWKUHVSHFWWRWHPSHUDWXUHV
DQQXDODQGVHDVRQDOLIDYDLODEOHIUHTXHQFLHVRIVHYHUHZHDWKHUSKHQRPHQDLQFOXGLQJ
KXUULFDQHVWRUQDGRHVDQGZDWHUVSRXWVWKXQGHUVWRUPVVHYHUHZLQGHYHQWVOLJKWQLQJ
KDLOLQFOXGLQJSUREDEOHPD[LPXPVL]HDQGKLJKDLUSROOXWLRQSRWHQWLDO$QQXDO
IUHTXHQF\\RIRFFXUUHQFHDPRXQWDQGWLPHGXUDWLRQRIIUHH]LQJUDLQLFHVWRUPVDQG
GXVWVDQGVWRUPVVKRXOGEHSURYLGHGZKHUHDSSOLFDEOH
5*³'HVLJQ%DVLV7RUQDGRDQG7RUQDGR0LVVLOHVIRU1XFOHDU3RZHU3ODQWV'DQG
5*³'HVLJQ%DVLV+XUULFDQHDQG+XUULFDQH0LVVLOHVIRU1XFOHDU3RZHU3ODQWV'
FRQWDLQLQIRUPDWLRQRQGHYHORSLQJWKHGHVLJQSDUDPHWHUVIRUWRUQDGRDQGKXUULFDQH
KD]DUGVUHVSHFWLYHO\\6XIILFLHQWGDWDVKRXOGEHFROOHFWHGWRVXSSRUWGHILQLQJGHVLJQ
EDVLVZLQGYHORFLWLHVSUHFLSLWDWLRQUDLQVQRZVOHHWKDLODQGIUHH]LQJUDLQ
WHPSHUDWXUHVWRUQDGRVDQGWRUQDGRPLVVLOHVLQFOXGLQJWKHLUHIIHFWRQWKH8OWLPDWH+HDW
6LQN8+6VHH5*³8OWLPDWH+HDW6LQNIRU133V'IRUDGGLWLRQDOJXLGDQFH
,QJHQHUDOWKH\\HDUUHWXUQSHULRGVKRXOGEHXVHGWRVHOHFWWKHH[WUHPHVLQUDLQIDOO
VQRZSDFNZLQGVSHHGKXPLGLW\\DQGWHPSHUDWXUH'DWDRQVHYHUHZHDWKHUSKHQRPHQD
VKRXOGEHEDVHGRQVWDQGDUGPHWHRURORJLFDOUHFRUGVIURPQHDUE\\UHSUHVHQWDWLYH1:6
PLOLWDU\\RURWKHUVWDWLRQVUHFRJQL]HGDVVWDQGDUGLQVWDOODWLRQVWKDWKDYHORQJSHULRGVRI
GDWDRQUHFRUG7KHDSSOLFDELOLW\\RIWKHVHGDWDWRUHSUHVHQWVLWHFRQGLWLRQVGXULQJWKH
H[SHFWHGSHULRGRIUHDFWRURSHUDWLRQVKRXOGEHVXEVWDQWLDWHG
$VGHVFULEHGLQ5*DWPRVSKHULFGLVSHUVLRQHVWLPDWHVIRUXVHLQDFFLGHQWDQDO\\VLV
VKRXOGEHEDVHGRQDWOHDVW\\HDUVRIRQVLWHPHWHRURORJLFDOGDWD/RQJWHUP
DWPRVSKHULFGLVSHUVLRQHVWLPDWHVIRUURXWLQHQRUPDOUHOHDVHVKRXOGDOVREHEDVHGRQ
\\HDUVRIRQVLWHPHWHRURORJLFDOGDWDDQGVKRXOGSURYLGHHVWLPDWHVIRUVSHFLDOUHFHSWRUV
RXWWRPLOHVNP,I\\HDUVRIRQVLWHGDWDDUHQRWDYDLODEOHDWWKHWLPHWKH
DSSOLFDWLRQLVVXEPLWWHGWKHDSSOLFDQWVKRXOGSURYLGHDWOHDVWRQHDQQXDOF\\FOHRI
PHWHRURORJLFDOGDWDFROOHFWHGRQVLWHZLWKWKHDSSOLFDWLRQ7KHDSSOLFDQWVKRXOGFRQWLQXH
WRPRQLWRUWKHGDWDDQGVXEPLWWKHFRPSOHWH\\HDUGDWDVHWZKHQLWKDVEHHQFROOHFWHG
5*DOVRSURYLGHVDGGLWLRQDORSWLRQVIRUFROOHFWLRQRIPHWHRURORJLFDOGDWDIRUDQ(63
WKDWDQDSSOLFDQWFDQFKRRVHWRIROORZ
,IWKHKLVWRULFDOLQIRUPDWLRQLVQRWLQFOXGHGLQWKHDSSOLFDWLRQLWVKRXOGEHDYDLODEOHLQD
VHSDUDWHUHSRUWIRU15&VWDIIDXGLWDQGWRVXEPLWRQWKHGRFNHWLIQHFHVVDU\\$WD
PLQLPXPWKHDSSOLFDWLRQVKRXOGVXPPDUL]HWKHEDVLVIRUHVWDEOLVKLQJWKHPHWHRURORJLFDO
SDUDPHWHUVDQGYDOXHVVHOHFWHGIRUGHVLJQ
$QRQVLWHPHWHRURORJLFDOPHDVXUHPHQWSURJUDPPD\\EHUHTXLUHGWRVXSSRUWWKH
DQDO\\VLV,ILWLVGHWHUPLQHGDQRQVLWHPHWHRURORJ\\SURJUDPLVQHFHVVDU\\5*
³0HWHRURORJLFDO0RQLWRULQJ3URJUDPIRU1XFOHDU3RZHU3ODQWV'FRQWDLQVJXLGDQFHIRU
DFFHSWDEOHRQVLWHPHWHRURORJLFDOSURJUDPVGHYLDWLRQVIURPWKLVJXLGDQFHVKRXOGEH
GLVFXVVHGDQGMXVWLILHG
6XIILFLHQWLQIRUPDWLRQVKRXOGEHSURYLGHGWRHQDEOHHVWLPDWLRQRI6KRUWWHUP
DWPRVSKHULFGLVSHUVLRQHVWLPDWHVGXULQJDFFLGHQWUHOHDVHVDQG/RQJWHUP
DWPRVSKHULFGLVSHUVLRQHVWLPDWHVIRUURXWLQHUHOHDVHVGXULQJERWKQRUPDODQGRII
QRUPDOIDFLOLW\\RSHUDWLQJFRQGLWLRQV*XLGDQFHIRUGHWHUPLQLQJWKHVKRUWWHUP
DWPRVSKHULFGLVSHUVLRQHVWLPDWHVLVFRQWDLQHGLQ5*³$WPRVSKHULF'LVSHUVLRQ
0RGHOVIRU3RWHQWLDO$FFLGHQW&RQVHTXHQFH$VVHVVPHQWDW1XFOHDU3RZHU3ODQWV'
- XLGDQFHIRUGHWHUPLQLQJWKHORQJWHUPURXWLQHUHOHDVHGLVSHUVLRQHVWLPDWHVLV
FRQWDLQHGLQ5*³0HWKRGVIRU(VWLPDWLQJ$WPRVSKHULF7UDQVSRUWDQG'LVSHUVLRQ
RI*DVHRXV(IIOXHQWVLQ5RXWLQH5HOHDVHVIURP/LJKW:DWHU&RROHG5HDFWRUV'
,IDUHDFWRUGHVLJQLQFOXGHVDFRQWUROURRPWKDWUHTXLUHVRSHUDWRUDFWLRQWRHLWKHU
DFFRPSOLVKUHTXLUHGVDIHW\\IXQFWLRQVRUWRLPSOHPHQWGHIHQVHLQGHSWKPHDVXUHV
VXIILFLHQWLQIRUPDWLRQVKRXOGEHSURYLGHGWRHVWLPDWHDWPRVSKHULFGLVSHUVLRQYDOXHVLQ
VXSSRUWRIGHVLJQEDVLVFRQWUROURRPUDGLRORJLFDOKDELWDELOLW\\DVVHVVPHQWV5*
³$WPRVSKHULF5HODWLYH&RQFHQWUDWLRQVIRU&RQWURO5RRP5DGLRORJLFDO+DELWDELOLW\\
$VVHVVPHQWVDW1XFOHDU3RZHU3ODQWV'GHVFULEHVPHWKRGVDFFHSWDEOHIRUHVWLPDWLQJ
WKHVHYDOXHV
$FFHSWDQFH&ULWHULD
D 7KHGHVFULSWLRQLQWKHDSSOLFDWLRQRIWKHUHJLRQDOFOLPDWHLVEDVHGXSRQFOLPDWLF
VXPPDULHVSURGXFHGE\\12$$RU15&JXLGDQFHGRFXPHQWVWKDWFRYHUVSHFLILF
GHVLJQSDUDPHWHUV
E 7KHDSSOLFDWLRQGDWDRQVHYHUHZHDWKHUWKDWPD\\LPSDFWWKHIDFLOLW\\LVEDVHGRQ
12$$1:6PLOLWDU\\RURWKHUUHFRJQL]HGRUJDQL]DWLRQGDWDRU15&JXLGDQFH
GRFXPHQWVWKDWFRYHUVSHFLILFGHVLJQSDUDPHWHUV
F 7RUQDGRSDUDPHWHUVDQGDVVRFLDWHGPLVVLOHVIRUWKHVLWHGHVFULEHGLQWKHDSSOLFDWLRQ
DUHFRQVLVWHQWZLWKWKHODWHVWUHYLVLRQWR5*³'HVLJQ%DVLV7RUQDGRDQG
7RUQDGR0LVVLOHVIRU1XFOHDU3RZHU3ODQWV'
G +XUULFDQHZLQGDQGPLVVLOHVSDUDPHWHUVIRUWKHVLWHGHVFULEHGLQWKHDSSOLFDWLRQDUH
FRQVLVWHQWZLWK5*³'HVLJQ%DVLV+XUULFDQHDQG+XUULFDQH0LVVLOHVIRU
1XFOHDU3RZHU3ODQWV'
H 2WKHUORFDOFOLPDWHSDUDPHWHUVWHPSHUDWXUHVKXPLGLW\\UDLQIDOOHWFWKDWDUHXVHGLQ
GHVLJQRUFDQDIIHFWWKH8+6DUHGHVFULEHGDQGWKHLUHIIHFWVRQWKH8+6HYDOXDWHG
7KHSHUIRUPDQFHRI8+6V\\VWHPVWKDWUHO\\RQZDWHUVRXUFHVWRPDLQWDLQ66&V
VKRXOGEHGHWHUPLQHGIROORZLQJWKHJXLGDQFHLQWKHODWHVWUHYLVLRQWR5*
³8OWLPDWH+HDW6LQNIRU1XFOHDU3RZHU3ODQWV'
I
-RLQWIUHTXHQF\\GLVWULEXWLRQVVHH5*IRUGHVFULSWLRQIRUXVHLQWKHDWPRVSKHULF
GLVSHUVLRQPRGHOVGHVFULEHGLQ5*³$WPRVSKHULF'LVSHUVLRQ0RGHOVIRU
3RWHQWLDO$FFLGHQW&RQVHTXHQFH$VVHVVPHQWDW133V'DQG5*³0HWKRGVIRU
(VWLPDWLQJ$WPRVSKHULF7UDQVSRUWDQG'LVSHUVLRQ*DVHRXV(IIOXHQWVLQ5RXWLQH
5HOHDVHVIURP/LJKW:DWHU&RROHG5HDFWRUV'DUHSURYLGHG
J,IWKHUHDFWRUGHVLJQLQFOXGHVDFRQWUROURRPWKDWUHTXLUHVRSHUDWRUDFWLRQWRHLWKHU
DFFRPSOLVKUHTXLUHGVDIHW\\IXQFWLRQVRUWRLPSOHPHQWGHIHQVHLQGHSWKPHDVXUHV
KRXUO\\PHWHRURORJLFDOGDWDIURPWKHRQVLWHPHWHRURORJLFDOPRQLWRULQJSURJUDPVHH
5*³0HWHRURORJLFDO0RQLWRULQJ3URJUDPVIRU1XFOHDU3RZHU3ODQWV'VKRXOGEH
SURYLGHGIRUXVHLQWKHDWPRVSKHULFGLVSHUVLRQPRGHOGHVFULEHGLQ5*
+\\GURORJLFDO'HVFULSWLRQ
,QDFFRUGDQFHZLWK&)5FDQG&)5GDSSOLFDWLRQVVKRXOG
GHVFULEHDOOK\\GURORJLFDOO\\UHODWHGVLWHFKDUDFWHULVWLFVHJSUREDEOHPD[LPXPIORRG
JURXQGZDWHUWDEOHDTXLIHUVHWFDQGVXPPDUL]HWKHGHVLJQEDVHVIRUWKHVLWH
SDUDPHWHUVDQGYDOXHVVHOHFWHGIRUWKHGHVLJQRIVDIHW\\UHODWHG66&VDQGDQDO\\VLVRI
WKHWUDQVSRUWRIUDGLRDFWLYHPDWHULDOUHVXOWLQJIURPVSLOOVRUOHDNVRIOLTXLGZDVWH'HWDLOHG
K\\GURORJLFDOLQIRUPDWLRQXVHGWRHVWDEOLVKGHVLJQSDUDPHWHUVPD\\EHGRFXPHQWHGLQD
VHSDUDWHUHSRUWWKDWLVPDGHDYDLODEOHIRU15&VWDIIDXGLW
$FFHSWDQFH&ULWHULD
D 7KHDSSOLFDWLRQSURYLGHVVXIILFLHQWGDWDWRGHWHUPLQHWKHVXUIDFHZDWHUDQG
JURXQGZDWHUXVHVLQWKHYLFLQLW\\RIWKHIDFLOLW\\WKDWFRXOGDIIHFWWKHVDIHW\\UHODWHG
ZDWHUVXSSO\\WRWKHIDFLOLW\\RUFRXOGEHSDWKZD\\VIRUFDUU\\LQJUDGLRDFWLYHPDWHULDO
RIIVLWH
E 7KHDSSOLFDWLRQSURYLGHVVXIILFLHQWGDWDVKRZLQJWKHLQWHUIDFHRIWKHIDFLOLW\\ZLWKWKH
IORRGSODLQIRUGLIIHUHQWVL]HIORRGVLQFOXGLQJWKHSRVVLEOHFDXVHVRIWKHIORRGV
)ORRGV
)RUVLWHVORFDWHGLQULYHUYDOOH\\VRQIORRGSODLQVRUDORQJFRDVWOLQHVZKHUHD
SRWHQWLDOIRUIORRGLQJH[LVWVWKLVVXEVHFWLRQVKRXOGGHVFULEHWKHSRWHQWLDOIRU
IORRGVDQGGHILQHWKHSUREDEOHPD[LPXPIORRG30)5HJXODWRU\\*XLGH
³*HQHUDO6LWH6XLWDELOLW\\&ULWHULDIRU1XFOHDU3RZHU6WDWLRQV'DQG5HJXODWRU\\
- XLGH³'HVLJQ%DVLV)ORRGVIRU1XFOHDU3RZHU3ODQWV'VKRXOGEHXVHGWR
GHVFULEHWKHSRWHQWLDOIRUIORRGLQJ7KHOHYHORIDQDO\\VLVSUHVHQWHGLQWKLVVHFWLRQ
PD\\UDQJHIURPFRQVHUYDWLYHEDVHGRQVLPSOLI\\LQJDVVXPSWLRQVWRGHWDLOHG
DQDO\\WLFDOHVWLPDWHV
7KHIROORZLQJSKHQRPHQDRUFRQGLWLRQVVKRXOGEHFRQVLGHUHG
SUREDEOHPD[LPXPSUHFLSLWDWLRQRQVLWHDQGRQWKHFRQWULEXWLQJGUDLQDJH
DUHD
UXQRIIIORRGVIRUVWUHDPVUHVHUYRLUVDGMDFHQWGUDLQDJHDUHDVDQGVLWH
GUDLQDJHDQGIORRGZDYHVUHVXOWLQJIURPGDPIDLOXUHVLQGXFHGE\\UXQRII
IORRGV
VXUJHVVHLFKHVDQGZDYHDFWLRQ
WVXQDPL
QRQUXQRIILQGXFHGIORRGZDYHVDWWULEXWDEOHWRGDPIDLOXUHVRUODQGVOLGHV
DQGIORRGVDWWULEXWDEOHWRIDLOXUHRIRQVLWHRUQHDUVLWHZDWHUFRQWURO
VWUXFWXUHV
LFHMDPIORRGLQJ
FRPELQDWLRQVRIYDULRXVIORRGW\\SHVHJULYHULQHIORRGSOXVGDPIDLOXUH
IORRG
GLOXWLRQDQGGLVSHUVLRQRIVHYHUHDFFLGHQWDOUHOHDVHVWRWKHK\\GURVSKHUH
UHODWLQJWRH[LVWLQJDQGSRWHQWLDOIXWXUHXVHUVRIVXUIDFHZDWHUDQG
JURXQGZDWHUUHVRXUFHV
VWUHDPFKDQQHOPLJUDWLRQKD]DUGUHODWHGWRIORRGDQGPXGIORZV
(IIHFWVRIEORFNDJHE\\QDWXUDOHYHQWVORZZDWHUDQGRUGURXJKWHIIHFWVFKDQQHO
PLJUDWLRQVDQGGLYHUVLRQVDQGFDSDFLW\\UHTXLUHPHQWVVKRXOGEHFRQVLGHUHGLQ
DGGLWLRQWRWKHLWHPVOLVWHGDERYHIRUWKHUHTXLUHGVDIHW\\IXQFWLRQVDQGGHIHQVH
LQGHSWKDVVRFLDWHGZLWKFRROLQJZDWHUVRXUFHV
$FFHSWDQFH&ULWHULD
D 7KHDSSOLFDWLRQGHVFULEHVWKH'HVLJQ%DVLV)ORRGSURSRVHGIRUWKHVLWHDQG
LWVEDVLVFRQVLVWHQWZLWKWKHJXLGDQFHLQ5HJXODWRU\\*XLGH5HJXODWRU\\
- XLGH³*XLGDQFHIRUD7HFKQRORJ\\,QFOXVLYH5LVN,QIRUPHGDQG
3HUIRUPDQFH%DVHG0HWKRGRORJ\\WR,QIRUPWKH/LFHQVLQJ%DVLVDQG&RQWHQW
RI$SSOLFDWLRQVIRU/LFHQVHV&HUWLILFDWLRQVDQG$SSURYDOVIRU1RQ/LJKW:DWHU
5HDFWRUV'SURYLGHVJXLGDQFHWRGHWHUPLQHGHVLJQEDVLVH[WHUQDOHYHQWVHJ
VHLVPLFRUIORRGHYHQWVWKDWWKHVDIHW\\UHODWHG66&VZLOOEHUHTXLUHGWR
ZLWKVWDQG
E 7KHDSSOLFDWLRQGHVFULEHVWKHSUREDEOHPD[LPXPSUHFLSLWDWLRQDWWKHVLWHWKH
GUDLQDJHSDWKVDQGWKHSRWHQWLDOIRUEORFNDJHRIWKHGUDLQDJHSDWKZD\\V
F )RUFRDVWDOVLWHVWKHDSSOLFDWLRQGHVFULEHVWKHSRWHQWLDOIRUWVXQDPLVDQGRU
VHLFKHVLQFOXGLQJWKHLUVRXUFHVDQGDQ\\SDVWHYHQWVLQWKHYLFLQLW\\
G 7KHDSSOLFDWLRQGHVFULEHVWKHSRWHQWLDOIRUDQGHIIHFWVRIXSVWUHDPDQG
GRZQVWUHDPGDPIDLOXUHV
H 7KHDSSOLFDWLRQGHVFULEHVDQ\\RWKHUPHFKDQLVPVWKDWFRXOGFDXVHWKHVLWHWR
EHIORRGHGHJLFHGDPVRUUHVXOWLQORZZDWHUVLWXDWLRQVDQGWKHLULPSDFW
RQWKHUHTXLUHGVDIHW\\IXQFWLRQVRUGHIHQVHLQGHSWKDVVRFLDWHGZLWKWKH
GHVLJQ
)ORRGLQJ3URWHFWLRQ
6LWHHOHYDWLRQVDVZHOODVVWUXFWXUHVH[WHULRUDFFHVVHVHTXLSPHQWDQGV\\VWHPV
WKDWLPSDFWDUHTXLUHGVDIHW\\IXQFWLRQRUGHIHQVHLQGHSWKIXQFWLRQVKRXOGEH
LGHQWLILHGDQGGHVFULEHGIURPWKHVWDQGSRLQWRIIORRGKD]DUGERWKVXUIDFHDQG
VXEVXUIDFH$WRSRJUDSKLFPDSRIWKHVLWHVKRXOGEHSURYLGHGVKRZLQJDQ\\
SURSRVHGFKDQJHVWRQDWXUDOGUDLQDJHIHDWXUHV5*³)ORRG3URWHFWLRQIRU
1XFOHDU3RZHU3ODQWV'SURYLGHVJXLGDQFHRQLGHQWLI\\LQJDQGHVWDEOLVKLQJWKH
QHFHVVDU\\SURWHFWLRQVIRUVDIHW\\UHODWHG66&VWKDWPD\\EHH[SRVHGWRIORRGLQJ
DQGLPSOHPHQWLQJDSSURSULDWHSURWHFWLRQPHDVXUHV,IDQ66&LVUHOLHGXSRQWR
HVWDEOLVKWKHDGHTXDF\\RIGHIHQVHLQGHSWKWKHQDQDO\\VLVLVQHHGHGWRGHWHUPLQH
ZKHWKHULWQHHGVWREHGHVLJQHGZLWKVSHFLDOWUHDWPHQWWRZLWKVWDQGDIORRGLQJ
KD]DUG
'HVFULSWLRQVRIH[LVWLQJDQGSURSRVHGZDWHUFRQWUROVWUXFWXUHVERWKXSVWUHDP
DQGGRZQVWUHDPWKDWPD\\LQIOXHQFHFRQGLWLRQVDWWKHVLWHVKRXOGEHGLVFXVVHG
)RUWKHVHVWUXFWXUHVWKHDSSOLFDQWVKRXOG
WDEXODWHFRQWULEXWLQJGUDLQDJHDUHDV
GHVFULEHW\\SHVRIVWUXFWXUHVDOODSSXUWHQDQFHVRZQHUVKLSVHLVPLFGHVLJQ
FULWHULDDQGVSLOOZD\\GHVLJQFULWHULD
SURYLGHHOHYDWLRQDUHDVWRUDJHUHODWLRQVKLSVDQGVKRUWWHUPDQGORQJWHUP
VWRUDJHDOORFDWLRQVIRUSHUWLQHQWUHVHUYRLUV
$FFHSWDQFH&ULWHULD
D 7KHDSSOLFDWLRQGHVFULEHVWKHVDIHW\\UHODWHG66&VH[SRVHGWRIORRGLQJDQG
WKHPHDVXUHVLQFOXGHGLQWKHGHVLJQWRSURWHFWWKHP
E,IDWHPSRUDU\\IORRGSURWHFWLRQIRUWKHIDFLOLW\\LVQHHGHGDVXIILFLHQWWLPH
IUDPHRIH[HFXWLQJWKHIORRGSURWHFWLRQSURFHGXUHVSULRUWRDIRUHFDVWHG
VHYHUHVWRUPRUDQWLFLSDWHGIORRGLQJHYHQWDVZHOODVWKHEDVLVIRU
HVWDEOLVKLQJWKHWLPHIUDPHLVSURYLGHG
*URXQGZDWHU
7KHORFDWLRQVL]HVKDSHDQGRWKHUK\\GURORJLFFKDUDFWHULVWLFVRIVWUHDPVODNHV
VKRUHUHJLRQVDQGJURXQGZDWHUHQYLURQPHQWVLQWKHYLFLQLW\\RIWKHVLWHVKRXOGEH
GHVFULEHG
$UHJLRQDOPDSVKRZLQJPDMRUK\\GURORJLFIHDWXUHVVKRXOGEHSURYLGHG7KH
DSSOLFDQWVKRXOGOLVWWKHRZQHUORFDWLRQDQGUDWHRIXVHRIVXUIDFHDQG
JURXQGZDWHUXVHUVZKRVHLQWDNHVFRXOGEHDGYHUVHO\\DIIHFWHGE\\DFFLGHQWDO
UHOHDVHRIFRQWDPLQDQWV
$FFHSWDQFH&ULWHULD
D 7KHDSSOLFDWLRQGHVFULEHVWKHORFDODQGUHJLRQDOJURXQGZDWHUXVDJH
E 7KHDSSOLFDWLRQGHVFULEHVWKHHIIHFWVRIJURXQGZDWHURQIRXQGDWLRQVRIVDIHW\\
UHODWHGVWUXFWXUHVDQGRWKHUVDIHW\\UHODWHG66&V
F 7KHDSSOLFDWLRQGHVFULEHVWKHSURWHFWLYHPHDVXUHVWDNHQWRSURWHFWDQG
SUHYHQWGHWHULRUDWLRQRIVDIHW\\UHODWHGIRXQGDWLRQVDQG66&VUHVXOWLQJIURP
JURXQGZDWHUHIIHFWV
G 7KHDSSOLFDWLRQGHVFULEHVDQ\\PHDVXUHVHJGHZDWHULQJV\\VWHPWDNHQWR
NHHSJURXQGZDWHUZLWKLQWKHGHVLJQEDVLVDQGLWVVDIHW\\UHODWHG
H 7KHDSSOLFDWLRQFRQWDLQVDUHJLRQDOPDSVKRZLQJPDMRUK\\GURORJLFIHDWXUHV
LQFOXGLQJWKHRZQHUDQGUDWHVRIXVHRIVXUIDFHZDWHUDQGJURXQGZDWHU
- HRORJ\\6HLVPRORJ\\DQG*HRWHFKQLFDO(QJLQHHULQJ
,QDFFRUGDQFHZLWK&)5GDQGWKHDSSOLFDWLRQVKRXOGSURYLGHVXIILFLHQW
LQIRUPDWLRQUHJDUGLQJWKHVHLVPLFDQGJHRORJLFFKDUDFWHULVWLFVRIWKHVLWHDQG
VXUURXQGLQJUHJLRQWRSHUPLWDQHYDOXDWLRQRIWKHSURSRVHGVLWHIRUORDGEHDULQJ
FDSDELOLW\\VHLVPLFDFWLYLW\\LQFOXGLQJHYDOXDWLRQVWRGHYHORSWKHVLWHVSHFLILFVDIH
VKXWGRZQHDUWKTXDNHJURXQGPRWLRQ66(UHVSRQVHVSHFWUXPDQGWRVXSSRUWDQDO\\VLV
RIWKHVWUXFWXUHVDQGVHLVPLFHIIHFWVRQ66&VDWWKHSURSRVHGVLWH$VXPPDU\\RI
VWXGLHVWKDWLQFOXGHDEULHIGHVFULSWLRQRIWKHVLWHLQYHVWLJDWLRQVSHUIRUPHGUHVXOWVRI
LQYHVWLJDWLRQVFRQFOXVLRQVDQGLGHQWLILFDWLRQRIZKRGLGWKHZRUNVKRXOGEHSURYLGHG
'HWDLOHGJHRORJLFLQIRUPDWLRQVKRXOGEHGRFXPHQWHGLQDVHSDUDWHUHSRUWDQGPDGH
DYDLODEOHIRUWKH15&VWDIIWRDXGLW
*HRORJLF+D]DUGV
7KHJHRORJLFDQGVHLVPLFLQIRUPDWLRQWKDWIRUPVWKHEDVLVIRUWKHVHLVPLFVRXUFH
FKDUDFWHUL]DWLRQ66&PRGHOXVHGIRUWKHSUREDELOLVWLFVHLVPLFKD]DUGDQDO\\VLV
36+$IRUWKHVLWHVKRXOGEHSURYLGHG)RUFHQWUDODQGHDVWHUQ86&(86VLWHV
WKHXVHRIWKHPRGHOLQ185(*³&HQWUDODQG(DVWHUQ866HLVPLF6RXUFH
&KDUDFWHUL]DWLRQVIRU1XFOHDU)DFLOLWLHV'LVDFFHSWDEOHDVDVWDUWLQJSRLQWIRUWKH
66&*HRORJLFLQYHVWLJDWLRQVRISRWHQWLDOVHLVPLFVRXUFHVZLWKLQWKHVLWHUHJLRQ
PLOHVNPWKDWDUHQRWLQFOXGHGLQWKH185(*&(8666&
PRGHOVKRXOGEHFRQGXFWHGWRGHWHUPLQHLIWKHVHIHDWXUHVZDUUDQWLQFOXVLRQLQWKH
ILQDO66&PRGHO$16$16,³&ULWHULDIRU,QYHVWLJDWLRQVRI1XFOHDU
)DFLOLW\\6LWHVIRU6HLVPLF+D]DUG$VVHVVPHQWV'SURYLGHVJXLGDQFHIRU
SHUIRUPLQJWKHVHJHRORJLFLQYHVWLJDWLRQV)RUZHVWHUQ86:86VLWHVWKH
JXLGDQFHLQ$16$16,DQG$16$16,³3UREDELOLVWLF
6HLVPLF+D]DUG$QDO\\VLV'VKRXOGEHIROORZHGIRUGHYHORSPHQWRIWKH66&
PRGHO&RQVLVWHQWZLWKWKHJXLGDQFHLQ185(*³8SGDWHG,PSOHPHQWDWLRQ
- XLGHOLQHVIRU66+$&+D]DUG6WXGLHV'WKHDSSOLFDQWVKRXOGSURYLGHLWV
HYDOXDWLRQRIWKHGDWDPRGHOVDQGPHWKRGVUHOHYDQWWRWKHGHYHORSPHQWRIWKH
66&PRGHOIRUWKHVLWHLQFOXGLQJDQHVWLPDWHRIWKHXQFHUWDLQW\\DVVRFLDWHGZLWK
HDFKRIWKHKD]DUGLQSXWVXVHGLQWKHPRGHO,QDGGLWLRQWRGHYHORSPHQWRIWKH
66&PRGHOWKHDSSOLFDQWVKRXOGHYDOXDWHZKHWKHUWKHUHDUHDQ\\SRWHQWLDOKD]DUG
FRQGLWLRQVFDXVHGE\\KXPDQDFWLYLWLHVHJLPSDFWVRIPLQLQJTXDUU\\LQJIOXLG
LQMHFWLRQRUZLWKGUDZDOWKDWPD\\LQIOXHQFHWKHVLWHVXLWDELOLW\\
7KHJHRORJLFLQYHVWLJDWLRQVVKRXOGFRQVLGHU
5HJLRQDO*HRORJ\\$OOJHRORJLFVHLVPLFWHFWRQLFDQGQRQWHFWRQLF
KD]DUGVZLWKLQWKHVLWHUHJLRQ$UHYLHZRIWKHUHJLRQDOWHFWRQLFVZLWK
HPSKDVLVRQWKH4XDWHUQDU\\SHULRGVWUXFWXUDOJHRORJ\\VHLVPRORJ\\
SDOHRVHLVPRORJ\\SK\\VLRJUDSK\\JHRPRUSKRORJ\\VWUDWLJUDSK\\DQG
JHRORJLFKLVWRU\\ZLWKLQDGLVWDQFHRIPLOHVNPIURPWKHVLWHVLWH
UHJLRQ
6LWH*HRORJ\\7KHVLWHUHODWHGJHRORJLFIHDWXUHVVHLVPLFFRQGLWLRQVDQG
FRQGLWLRQVFDXVHGE\\KXPDQDFWLYLWLHVDWDSSURSULDWHOHYHOVRIGHWDLOZLWKLQ
DUHDVDSSUR[LPDWHO\\GHILQHGE\\UDGLLRIPLOHVNPPLOHVNP
DQGPLOHVNPDURXQGWKHVLWH
$FFHSWDQFH&ULWHULD
D 7KHDSSOLFDWLRQGHVFULEHVWKH66&PRGHODQGLWVEDVLV
E 7KHDSSOLFDWLRQGHVFULEHVLWVHYDOXDWLRQRIWKHSRWHQWLDOKD]DUGFRQGLWLRQV
FDXVHGE\\KXPDQDFWLYLWLHV
9LEUDWRU\\*URXQG0RWLRQ
7KHDSSOLFDWLRQVKRXOGGHVFULEHWKHJURXQGPRWLRQFKDUDFWHUL]DWLRQ*0&
PRGHODQGVLWHUHVSRQVHDQDO\\VLVXVHGLQWKH36+$LQRUGHUGHYHORSVHLVPLF
KD]DUGFXUYHVDQGWKHJURXQGPRWLRQUHVSRQVHVSHFWUXP*056IRUWKHVLWH
- XLGDQFHUHJDUGLQJWKHGHYHORSPHQWRIWKH*0&PRGHOLVSURYLGHGLQ$16$16,
)RU&(86VLWHVWKH1H[W*HQHUDWLRQ$WWHQXDWLRQ(DVW*0&PRGHO
VKRXOGEHXVHG)RU:86VLWHVWKH6RXWK:HVWHUQ8QLWHG6WDWHV*0&PRGHO
KDVEHHQSUHYLRXVO\\DSSURYHGDQGPD\\EHVXLWDEOHZLWKUHJLRQDODGMXVWPHQWVWR
WKHPRGHO7KHJXLGDQFHSURYLGHGLQ$16,$16VKRXOGEHXVHGWR
SHUIRUPDVLWHUHVSRQVHHYDOXDWLRQDQGD36+$&ULWHULDIRUVHOHFWLRQRIWKH
DSSURSULDWHVHLVPLFGHVLJQFDWHJRU\\LVSURYLGHGLQ$16,$16
³&DWHJRUL]DWLRQRI1XFOHDU)DFLOLW\\6WUXFWXUHV6\\VWHPVDQG&RPSRQHQWVIRU
6HLVPLF'HVLJQ'DQGWKHFRUUHVSRQGLQJWDUJHWULVNLQIRUPHGGHVLJQIDFWRUVXVHG
WRGHWHUPLQHWKH*056DUHSURYLGHGLQ$6&(6(,³6HLVPLF'HVLJQ
&ULWHULDIRU6WUXFWXUHV6\\VWHPVDQG&RPSRQHQWVLQ1XFOHDU)DFLOLWLHV'8VLQJ
WKH*056IRXQGDWLRQLQSXWUHVSRQVHVSHFWUD),56IRUHDFKRIWKHVHLVPLF
&DWHJRU\\,VWUXFWXUHVWKH66(DQGRSHUDWLQJEDVLVHDUWKTXDNH2%(VKRXOG
WKHQEHGHYHORSHG
$FFHSWDQFH&ULWHULD
D 7KHDSSOLFDWLRQGHVFULEHVWKH*0&PRGHODQGLWVEDVLV
E 7KHDSSOLFDWLRQGHVFULEHVWKHGDWDPRGHOVDQGPHWKRGVXVHGWRGHYHORSWKH
VLWHDPSOLILFDWLRQIDFWRUV
F 7KHDSSOLFDWLRQGHVFULEHVWKHDSSURDFKXVHGWRSHUIRUPWKH36+$IRUWKH
VLWH
G 7KHDSSOLFDWLRQSURYLGHVWKHEDVLVIRUWKHVHOHFWHGVHLVPLFGHVLJQFDWHJRU\\
WDUJHWULVNGHVLJQIDFWRU*056DQG),56IRUWKHVLWH
H 7KHDSSOLFDQWGHPRQVWUDWHVWKDWWKH66(DQG2%(UHVSRQVHVSHFWUD
GHYHORSHGIURPWKH*056PHHWWKHUHTXLUHPHQWVRI&)53DUW
$SSHQGL[6
6XUIDFH'HIRUPDWLRQ
7KHDSSOLFDWLRQVKRXOGSURYLGHLQIRUPDWLRQGHVFULELQJZKHWKHUDSRWHQWLDOH[LVWV
IRUVXUIDFHGHIRUPDWLRQWKDWFRXOGDIIHFWWKHVLWH7KHVXUIDFHDQGVXEVXUIDFH
JHRORJLFDOVHLVPRORJLFDOJHRSK\\VLFDODQGJHRWHFKQLFDOLQYHVWLJDWLRQV
SHUIRUPHGDURXQGWKHVLWHSURYLGLQJWKHEDVLVIRUWKLVLQIRUPDWLRQVKRXOGEH
VXPPDUL]HG5*³$3HUIRUPDQFH%DVHG$SSURDFKWR'HILQHWKH6LWH
6SHFLILF(DUWKTXDNH*URXQG0RWLRQ$16$16,SURYLGHVJXLGDQFH
UHJDUGLQJDFFHSWDEOHPHWKRGVIRUWKHLQYHVWLJDWLRQRIVXUIDFHGHIRUPDWLRQ
$FFHSWDQFH&ULWHULD
D 7KHVLWHLQYHVWLJDWLRQVRIVXUIDFHGHIRUPDWLRQIROORZWKHJXLGDQFHLQ5*
RUDOWHUQDWHPHWKRGVHJ$16$16,DUHXVHGGHVFULEHG
DQGMXVWLILHG
E 7KHDSSOLFDWLRQFRQWDLQVVXIILFLHQWLQIRUPDWLRQWRFRQFOXGHWKDWWKHVLWHGRHV
QRWKDYHWKHSRWHQWLDOIRUVXUIDFHGHIRUPDWLRQ
6WDELOLW\\RI6XEVXUIDFH0DWHULDOVDQG)RXQGDWLRQV
7KHDSSOLFDWLRQVKRXOGSUHVHQWLQIRUPDWLRQFRQFHUQLQJSURSHUWLHVDQGVWDELOLW\\RI
DOOVRLOVDQGURFNOD\\HUVWKDWPD\\DIIHFWWKHQXFOHDUSRZHUSODQWIDFLOLWLHVXQGHU
ERWKVWDWLFDQGG\\QDPLFFRQGLWLRQVLQFOXGLQJWKHYLEUDWRU\\JURXQGPRWLRQV
DVVRFLDWHGZLWKWKH*0567KHJXLGDQFHLQ5*³6LWH,QYHVWLJDWLRQVIRU
)RXQGDWLRQVRI133V'VKRXOGEHIROORZHGIRULQYHVWLJDWLQJWKHVRLODQGURFNORDG
EHDULQJSURSHUWLHV$GGLWLRQDOJXLGDQFHIURP$16,$16³$PHULFDQ
1DWLRQDO6WDQGDUG&ULWHULDIRU,QYHVWLJDWLRQVRI1XFOHDU)DFLOLW\\6LWHVIRU6HLVPLF
+D]DUG$VVHVVPHQWV'PD\\EHXVHGIRUDJUDGHGDSSURDFKWRVLWH
FKDUDFWHUL]DWLRQIRUDVVHVVLQJWKHVWDELOLW\\RIWKHVXEVXUIDFHDQGIRXQGDWLRQVIRU
DIDFLOLW\\ZLWKOHVVHURYHUDOOULVN7KHODERUDWRU\\DQGILHOGWHVWLQJWRHVWLPDWHWKH
SURSHUWLHVRIURFNDQGOD\\HUVLQWKHVXEVXUIDFHXQGHUQHDWKWKHIDFLOLW\\LV
FRQGXFWHGIROORZLQJ5*³/DERUDWRU\\,QYHVWLJDWLRQVRI6RLOVDQG5RFNVIRU
(QJLQHHULQJ$QDO\\VLVDQG'HVLJQRI1XFOHDU3RZHU3ODQWV'7KHDSSOLFDWLRQ
VKRXOGGHVFULEHWKHVWDELOLW\\RIWKHVHPDWHULDOVDVWKH\\LQIOXHQFHWKHVDIHW\\RI
VHLVPLF&DWHJRU\\,IDFLOLWLHVDQGGLVFXVVWKHVLWHFRQGLWLRQVDQGJHRORJLFIHDWXUHV
WKDWPD\\DIIHFWQXFOHDUSRZHUSODQWVWUXFWXUHVRUWKHLUIRXQGDWLRQV7KH
DSSOLFDWLRQVKRXOGLQFOXGHLQIRUPDWLRQUHJDUGLQJH[FDYDWLRQVEDFNILOODQG
HDUWKZRUNDQDO\\VHVZKHUHWKHVHDFWLYLWLHVLQYROYHVHLVPLF&DWHJRU\\,IDFLOLWLHV
7KHVRXUFHTXDOLWLHVDQGTXDQWLWLHVRIEDFNILOOPDWHULDOVQHHGHGVKRXOGEH
GHVFULEHG&RPSDFWLRQVSHFLILFDWLRQDQGSURFHGXUHVWREHXVHGDUHMXVWLILHG
4XDOLW\\FRQWUROPHWKRGVIRUEDFNILOOFRPSDFWLRQDUHGLVFXVVHG7KHJXLGDQFHLQ
5*³3URFHGXUHVDQG&ULWHULDIRU$VVHVVLQJ6HLVPLF6RLO/LTXHIDFWLRQDW
1336LWHV'VKRXOGEHIROORZHGIRUWKHLQYHVWLJDWLRQRIWKHSRWHQWLDOIRU
OLTXHIDFWLRQDWWKHVLWH
$FFHSWDQFH&ULWHULD
D 7KHSURSRVHGVLWHKDVEHHQLQYHVWLJDWHGIROORZLQJWKHJXLGDQFHJLYHQLQ5*
RUDMXVWLILHGDOWHUQDWLYHVXFKDV$16,$16IRU
GHWHUPLQLQJWKHJHRORJLFDOHQJLQHHULQJDQGK\\GURJHRORJLFDOFKDUDFWHULVWLFV
RIDSURVSHFWLYHIDFLOLW\\VLWH
E 7KHVXEVXUIDFHVRLODQGURFNSURSHUWLHVDUHHVWLPDWHGIROORZLQJWKHJXLGDQFH
LQ5*7KHDSSOLFDWLRQFRQWDLQVVXIILFLHQWGDWDWRGHPRQVWUDWHWKDWWKH
VRLODQGURFNSURSHUWLHVXVHGLQWKHDQDO\\VLVRIIRXQGDWLRQVIRUVHLVPLF
&DWHJRU\\,VWUXFWXUHVDUHMXVWLILHG
F 7KHIRXQGDWLRQVRIVHLVPLF&DWHJRU\\,VWUXFWXUHVKDYHDGHTXDWHEHDULQJ
FDSDFLW\\DQGWKHSUHGLFWHGWRWDODQGGLIIHUHQWLDOVHWWOHPHQWVRIWKHIRXQGDWLRQV
DUHZLWKLQWKHGHVLJQOLPLWVRIWKHUHDFWRUV\\VWHP,IPRUHWKDQRQHUHDFWRULV
SODFHGLQFORVHSUR[LPLW\\WKHLQWHUDFWLRQVEHWZHHQWKHPVKRXOGEH
DGHTXDWHO\\FRQVLGHUHGLQWKHVHWWOHPHQWDQDO\\VLVLQFOXGLQJDQ\\WLPHGHOD\\LQ
DSSO\\LQJPDMRUVWUXFWXUDOORDGRQWKHIRXQGDWLRQ
G 7KHDYDLODELOLW\\RIVXIILFLHQWTXDQWLWLHVDQGDSSURSULDWHTXDOLWLHVRIEDFNILOODUH
FRQILUPHG7KHEDFNILOOZLOOEHFRPSDFWHGXVLQJDQDFFHSWDEOHSURFHGXUHDQG
DGHTXDWHTXDOLW\\FRQWUROSURJUDPZRXOGEHH[HUFLVHG
H 7KHSRWHQWLDOIRUOLTXHIDFWLRQZDVLQYHVWLJDWHGXVLQJWKHJXLGDQFHLQ5*
RUDMXVWLILHGDOWHUQDWLYHDQGWKHIDFWRURIVDIHW\\DJDLQVWOLTXHIDFWLRQ
SRWHQWLDOLVDFFHSWDEOH
6WDELOLW\\RI6ORSHV
7KHDSSOLFDWLRQVKRXOGSUHVHQWLQIRUPDWLRQFRQFHUQLQJWKHVWDWLFDQGG\\QDPLF
VWDELOLW\\RIDOOQDWXUDODQGPDQPDGHHDUWKRUURFNVORSHVVXFKDVFXWVILOOV
HPEDQNPHQWVDQGGDPVIRUZKLFKIDLOXUHXQGHUDQ\\RIWKHFRQGLWLRQVWRZKLFK
WKH\\FRXOGEHH[SRVHGGXULQJWKHSURSRVHGOLIHRIWKHIDFLOLW\\FRXOGDGYHUVHO\\
DIIHFWWKHVDIHW\\RIWKHQXFOHDUSRZHUSODQWIDFLOLWLHV$GLVFXVVLRQRIVLWH
FRQGLWLRQVJHRORJLFIHDWXUHVLQFOXGLQJZHDNVWUDWDDQGRUWKHMRLQWVLQWKHVRLORU
URFNOD\\HUVDQGWKHHQJLQHHULQJSURSHUWLHVRIWKHPDWHULDOVFRPSULVLQJWKHVORSH
DQGLWVIRXQGDWLRQVKRXOGEHLQFOXGHG7KHHYDOXDWLRQVVKRXOGEHEDVHGRQ
FXUUHQWSUDFWLFHVVXFKDVWKRVHXVHGE\\WKH86$UP\\&RUSVRI(QJLQHHUV
(0³6ORSH6WDELOLW\\'DQGXVHFRQVHUYDWLYHVRLODQGURFN
JHRPHWULFDQGPDWHULDOSURSHUWLHVDQGFRQVHUYDWLYHVDIHW\\PDUJLQV8QFHUWDLQWLHV
LQGHILQLQJWKHERXQGDULHVEHWZHHQWKHVRLOURFNOD\\HUVDQGWKHLUSURSHUWLHV
IDLOXUHVXUIDFHFRUUHVSRQGLQJWRWKHPLQLPXPIDFWRURIVDIHW\\DQGWKHORFDWLRQRI
WKHZDWHUWDEOHVKRXOGEHDSSURSULDWHO\\DFFRXQWHGIRU7KHUHVXOWVRIWKHVORSH
VWDELOLW\\HYDOXDWLRQVVKRXOGEHSUHVHQWHG)RUWKHVWDELOLW\\HYDOXDWLRQRI
PDQPDGHVORSHVVXPPDU\\GDWDDQGDGLVFXVVLRQRIFRQVWUXFWLRQSURFHGXUHV
WHVWLQJDQGLQVWUXPHQWDWLRQPRQLWRULQJWRHQVXUHKLJKTXDOLW\\HDUWKZRUNVKRXOG
EHLQFOXGHG:KHQHYHUSRVVLEOHFRPSDUDWLYHILHOGSHUIRUPDQFHRIVLPLODUVORSHV
VKRXOGEHGLVFXVVHG
$FFHSWDQFH&ULWHULD
D 7KHDSSOLFDWLRQGHVFULEHVWKHPHWKRGVXVHGIRUDQDO\\]LQJWKHVORSHVWDELOLW\\
DQGFRQILUPVWKDWDSSURSULDWHVRLODQGRUURFNSURSHUWLHVKDYHEHHQXVHGLQ
WKHDQDO\\VLV7KHPHWKRGVXVHGWRDVVHVVWKHVWDELOLW\\RIWKHVORSHDUH
FRPPHQVXUDWHZLWKWKHULVNDVVRFLDWHGZLWKWKHUHDFWRUW\\SH
E 7KHDSSOLFDWLRQGHVFULEHVWKHVDIHW\\PDUJLQVXVHGLQWKHDQDO\\VLVDQG
FRQILUPVWKDWWKHVHPDUJLQVDUHFRQVLVWHQWZLWKVWDWHRIWKHDUWSUDFWLFH
F 7KHDSSOLFDWLRQGHVFULEHVWKHSHUIRUPDQFHRIVLPLODUVORSHGHVLJQVDQG
FRQILUPVWKHLUVWDELOLW\\
6XPPDU\\RI'HVLJQ%DVLV([WHUQDO+D]DUGV
%DVHGRQWKHUHVXOWVRIWKHVLWHFKDUDFWHUL]DWLRQGHVFULEHGLQWKLVFKDSWHUWKHGHVLJQ
EDVLVH[WHUQDOKD]DUGVLGHQWLILHGIRUWKHGHVLJQRIWKHSURSRVHGIDFLOLW\\VKRXOGEH
VXPPDUL]HG7KHVHFRQVWLWXWHWKHGHVLJQEDVLVVHLVPLFHYHQWVDQGRWKHUH[WHUQDOHYHQWV
WKDWWKHVDIHW\\UHODWHG66&VDUHUHTXLUHGWRZLWKVWDQGZLWKQRDGYHUVHLPSDFWRQWKHLU
FDSDELOLW\\WRSHUIRUPWKHLU56)V:KHUHVXSSRUWHGE\\DSUREDELOLVWLFKD]DUGVDQDO\\VLV
WKHVHGHVLJQEDVLVH[WHUQDOHYHQWVVKRXOGEHLQFOXGHGLQWKH35$DIWHUWKHIHDWXUHV
GHVLJQHGWRZLWKVWDQGWKHVHKD]DUGVDUHGHILQHG([WHUQDOKD]DUGVQRWVXSSRUWHGE\\D
SUREDELOLVWLFKD]DUGDQDO\\VLVFDQEHGHWHUPLQHGXVLQJWUDGLWLRQDOGHWHUPLQLVWLFPHWKRGV
,03/(0(17$7,21
7KHVWDIIZLOOXVHWKHLQIRUPDWLRQGLVFXVVHGLQWKLV,6*WRGHWHUPLQHWKHIROORZLQJ
>,GHQWLI\\KRZWKHLQIRUPDWLRQZLOOIDFLOLWDWHVWDIIUHYLHZRIOLFHQVHDPHQGPHQWVOLFHQVHUHQHZDO
DSSOLFDWLRQVHWF@
%$&.),77,1*$1',668(),1$/,7<',6&866,21
>2*&SURYLGHVWKLVGLVFXVVLRQEXWWKHVWDIIFDQSURSRVHWH[WIRU2*&FRQVLGHUDWLRQ@
([DPSOH7KH15&VWDIILVVXDQFHRIWKLV,6*LVQRWFRQVLGHUHGEDFNILWWLQJDVGHILQHGLQ
&)5DQRULVLWGHHPHGWREHLQFRQIOLFWZLWKDQ\\RIWKH LVVXHILQDOLW\\SURYLVLRQVLQ
&)53DUW
&21*5(66,21$/5(9,(:$&7
>2*&SURYLGHVWKLVGLVFXVVLRQWRVXSSRUWLVVXDQFHRIWKHILQDO,6*+RZHYHUWKHVWDIIFDQ
SURSRVHWH[WIRU2*&FRQVLGHUDWLRQ@
([DPSOH7KLV,6*LVDUXOHDVGHILQHGLQWKH&RQJUHVVLRQDO5HYLHZ$FW86&
+RZHYHUWKH2IILFHRI0DQDJHPHQWDQG%XGJHWKDVQRWIRXQGLWWREHDPDMRUUXOHDVGHILQHGLQ
WKH&RQJUHVVLRQDO5HYLHZ$FW
),1$/5(62/87,21
%\\>LQVHUWGDWH@WKLVLQIRUPDWLRQZLOOEHWUDQVLWLRQHGLQWR>LGHQWLI\\WKHDSSURSULDWHUHJXODWRU\\
SURFHVV6WDQGDUG5HYLHZ3ODQ6535HJXODWRU\\*XLGH5*@)ROORZLQJWKHWUDQVLWLRQRIWKLV
JXLGDQFHWRWKH>6535*@WKLV,6*ZLOOEHFORVHG
$33(1',;
$
5HVROXWLRQRI3XEOLF&RPPHQWV
$33(1',;$
5HVROXWLRQRI3XEOLF&RPPHQWV
$QRWLFHRIRSSRUWXQLW\\IRUSXEOLFFRPPHQWRQWKLV,QWHULP6WDII*XLGDQFH,6*ZDVSXEOLVKHGLQ
WKHFederal Registerinsert FR Citation #)RQ>GDWH@IRUDGD\\FRPPHQWSHULRG>,QVHUW
QXPEHURIFRPPHQWHUV@SURYLGHGFRPPHQWVZKLFKZHUHFRQVLGHUHGEHIRUHLVVXDQFHRIWKLV,6*
LQILQDOIRUP
&RPPHQWVRQWKLV,6*DUHDYDLODEOHHOHFWURQLFDOO\\DWWKH15&
VHOHFWURQLF5HDGLQJ5RRPDW
KWWSZZZQUFJRYUHDGLQJUPDGDPVKWPO)URPWKLVSDJHWKHSXEOLFFDQJDLQHQWU\\LQWR
$'$06ZKLFKSURYLGHVWH[WDQGLPDJHILOHVRI15&
VSXEOLFGRFXPHQWV&RPPHQWVZHUH
UHFHLYHGIURPWKHIROORZLQJLQGLYLGXDOVRUJURXSV
/HWWHU
1R
$'$061R
&RPPHQWHU$IILOLDWLRQ
&RPPHQWHU1DPH
$EEUHYLDWLRQ
7KHFRPPHQWVDQGWKHVWDIIUHVSRQVHVDUHSURYLGHGEHORZ
&RPPHQW>(DFKFRPPHQWVXPPDU\\PXVWFOHDUO\\LGHQWLI\\WKHHQWLW\\WKDWVXEPLWWHGWKH
FRPPHQWDQGWKHFRPPHQWLWVHOI@
15&5HVSRQVH&RPPHQWUHVSRQVHVVKRXOGEHJLQZLWKDGLUHFWVWDWHPHQWRIWKH15&VWDII¶V
SRVLWLRQRQDFRPPHQWHJ³WKH15&VWDIIDJUHHVZLWKWKHFRPPHQW'RUWKH³15&VWDII
GLVDJUHHVZLWKWKHFRPPHQW'
,IWKH15&VWDIIDJUHHVH[SODLQZK\\DQGSURYLGHDFOHDUVWDWHPHQWDVWRKRZWKHUHOHYDQW
ODQJXDJHZDVUHYLVHGRUVXSSOHPHQWHGWRDGGUHVVWKHFRPPHQW,QFOXGHWKHIROORZLQJ
ODQJXDJHDWWKHHQGRIWKHFRPPHQWUHVSRQVH³7KHILQDO,6*ZDVFKDQJHGE\\<describe the change; if necessary by quoting the newly revised language>'
,IWKH15&GLVDJUHHVZLWKDFRPPHQWDQGQRFKDQJHZDVPDGHWRWKHJHQHULF
FRPPXQLFDWLRQWKHQH[SODLQZK\\DQGSURYLGHWKHIROORZLQJODQJXDJHDWWKHHQGRIWKH
FRPPHQWUHVSRQVH³1RFKDQJHZDVPDGHWRWKHILQDO,6*DVDUHVXOWRIWKLVFRPPHQW'
$33(1',;%
5HIHUHQFHV