ANNUAL REPORT FLIPPING BOOK.pdf

7KH QH[W VWHS LV WR DSSRLQW D ÀUP ZLWK H[SHULHQFH LQ UHVHUYRLU GHVLJQ DQG XQGHUWDNH the necessary soil tests to locate the most suitable site for the reservoir, taking into DFFRXQW H[LVWLQJ RU SODQQHG LQIUDVWUXFWXUH 7KH FRVW RI D SURMHFW FDQ EH VLJQLÀFDQWO\ UHGXFHG LI WKHUH LV FOD\ RQ WKH IDUP $V D JXLGH WR EDVLF UHVHUYRLU FRVWLQJV %XW\O OLQHG UHVHUYRLUV FRVW LQ WKH UHJLRQ RI… SHU PLOOLRQ JDOORQV YHUVXV D &OD\ OLQHG UHVHUYRLU EHLQJ LQ WKH UHJLRQ RI…SHU PLOOLRQ gallons. *UDQW IXQGLQJ KDV KLVWRULFDOO\ EHHQ DYDLODEOH IRU FDSLWDO FRVWV LQFOXGLQJ ZDWHU HIÀFLHQW DSSOLFDWLRQ HTXLSPHQW DQG WKUHH FRPSHWLWLYH TXRWHV ZLOO EH UHTXLUHG IRU DOO DVSHFWV RI WKH scheme. %URZQ &R VHFXUHG RYHU…P RI JUDQW DLG in the last round of funding for clients investing in water management schemes and are well SODFHG WR DVVLVW LQ VHFXULQJ VRPH RI…P RI JUDQW DLG WR EH PDGH DYDLODEOH LQ WKH QH[W round.

7KH PDLQ FKDQJHV EURXJKW DERXW E\ WKH $FW WKDW ZLOO KDYH VLJQLÀFDQW EHDULQJ RQ IDUPHUV DUH WKH DEVWUDFWLRQ OLFHQFH UHIRUP ,VVXHV which include time limiting of some licences, PRUH SRZHU WR EH JUDQWHG WR WKH (QYLURQPHQW $JHQF\ WR FRQWURO DEVWUDFWLRQ LQ WLPHV RI drought, over abstracted catchments will be VXEMHFW WR PRUH VFUXWLQ\ DQG D SRWHQWLDO ORVV of ability to claim for compensation for loss of OLFHQVHG TXDQWLW\ ZKHQ LW FDQ EH SURYHG WKDW abstraction is causing environmental damage. 2YHU WKH ODVW GHFDGH %URZQ &R KDYH EHHQ actively involved in assisting clients in ensuring that abstraction licences are safeguarded. One particular method of doing so is the construction of winter storage reservoirs to create a buffer during periods of peak rainfall. :H KDYH KDG VLJQLÀFDQW VXFFHVV LQ VHFXULQJ JUDQW DLG IRU VXFK SURMHFWV RQ EHKDOI RI RXU FOLHQWV ODWWHUO\ WKURXJK WKH ¶5XUDO (QWHUSULVH *UDQW· DGPLQLVWHUHG E\ '()5$ ZKLFK ZDV DYDLODEOH IRU IXQGLQJ RI XS WR RI FDSLWDO FRVWV RI UHVHUYRLU SURMHFWV

Capital grant funding has been unavailable IRU DOO RI EXW WKH QHZ &RXQWU\VLGH 3URGXFWLYLW\ 6FKHPH ZLOO EH ODXQFKHG LQ with one of the focuses being water resource management. $Q\RQH WKDW KDV D SURMHFW LQ PLQG LV DGYLVHG WR SUHSDUH LQ JRRG WLPH *UDQWV ZLOO EH DZDUGHG on a competitive basis and applicants who can make their case stand out will have a much better chance of securing funds. Heightened pressure on summer abstraction, coupled with the potential of shorter term licences, is likely to push more growers to H[DPLQH PRUH FORVHO\ WKHLU ZDWHU UHVRXUFH position and look to secure water availability. :KHQ SODQQLQJ D ZDWHU VWRUDJH SURMHFW WKH ÀUVW VWHS VKRXOG EH WR REWDLQ WKH QHFHVVDU\ statutory consents – abstraction licensing and SODQQLQJ SHUPLVVLRQ 7KLV SURFHVV FDQ WDNH VHYHUDO PRQWKV DQG VKRXOG EH H[SORUHG YHU\ HDUO\ LQ WKH SURFHVV DQG IRUP WKH ÀUVW SDUW RI any feasibility study.

%URZQ &R

$QQXDO )RFXV 5HSRUW 17