Lincolnshire Minerals and Waste Local Plan
Authority Monitoring Report January to December 2017
November 2019 (revised February 2020)
&RQWHQWV
,QWURGXFWLRQ ,PSOHPHQWDWLRQRIWKH0LQHUDOVDQG:DVWH'HYHORSPHQW6FKHPH 0RQLWRULQJRIWKHPLQHUDOVDQGZDVWHSROLFLHV 3HUIRUPDQFHRIWKHFRUHSROLFLHV 3HUIRUPDQFHRIWKHGHYHORSPHQWPDQDJHPHQWDQGUHVWRUDWLRQ SROLFLHV 3HUIRUPDQFHRIWKHVLWHORFDWLRQVSROLFLHV 'XW\WRFRRSHUDWH &RQFOXVLRQ
7DEOHV
7DEOH .H\PLOHVWRQHVIRUWKH6/'±/RFDO'HYHORSPHQW6FKHPH $XJXVW 7DEOH .H\ PLOHVWRQHV IRU WKH 6/' ± 0LQHUDOV DQG :DVWH 'HYHORSPHQW6FKHPH$SULO 7DEOH 'HOLYHU\RI&6'03SODQQHGDQQXDOSURYLVLRQRIVDQGDQG JUDYHO 7DEOH 6DQGDQGJUDYHOODQGEDQN DVDW'HFHPEHU 7DEOH 'HOLYHU\RI&6'03SODQQHGDQQXDOSURYLVLRQRIOLPHVWRQH DJJUHJDWH 7DEOH 'LVWULFWFRXQFLOV UHDVRQVIRUJUDQWLQJSODQQLQJSHUPLVVLRQ FRQWUDU\WRWKHFRPPHQWVRIWKHFRXQW\FRXQFLOLQUHODWLRQWR PLQHUDOVVDIHJXDUGLQJ 7DEOH 2WKHULQVWDQFHVZKHUHWKHFRPPHQWVRIWKHFRXQW\FRXQFLOLQ UHODWLRQWRPLQHUDOVVDIHJXDUGLQJZHUHGLVUHJDUGHG 7DEOH &6'03IRUHFDVWFDSDFLW\JDSVE\IDFLOLW\W\SH DQG±JURZWKZLWKPHGLDQUHF\FOLQJVFHQDULR 7DEOH 8SGDWHGIRUHFDVWFDSDFLW\JDSVE\IDFLOLW\W\SH DQG±JURZWKZLWKPHGLDQUHF\FOLQJVFHQDULR 7DEOH $GGLWLRQDOZDVWHFDSDFLW\JUDQWHG-DQXDU\'HFHPEHU 7DEOH :DVWHPDQDJHPHQWFDSDFLW\LGHQWLILHGDVORVWEHWZHHQ -DQXDU\DQG'HFHPEHU 7DEOH 1HWFKDQJHVLQZDVWHPDQDJHPHQWFDSDFLW\DQGWKHHIIHFWRQ WKHZDVWHPDQDJHPHQWFDSDFLW\JDSSURMHFWLRQV 7DEOH 'HYHORSPHQWPDQDJHPHQWSROLF\SHUIRUPDQFH -DQXDU\ 'HFHPEHU 7DEOH 'XW\WRFRRSHUDWHFRQVXOWDWLRQV
3
7DEOH /RFDOSODQFRQVXOWDWLRQV 7DEOH 1HLJKERXUKRRGSODQFRQVXOWDWLRQV
)LJXUHV
)LJXUH 7KHFRXQW\RI/LQFROQVKLUH $SSHQGLFHV
$SSHQGL[ /LQFROQVKLUHPLQHUDOVDQGZDVWHVLWHV $SSHQGL[ 0LQHUDOV SODQQLQJ DSSOLFDWLRQV GHWHUPLQHG -DQXDU\ WR'HFHPEHU $SSHQGL[ :DVWHSODQQLQJDSSOLFDWLRQVGHWHUPLQHG-DQXDU\ WR'HFHPEHU $SSHQGL[ 7KHVWUDWHJLFREMHFWLYHVRIWKH/LQFROQVKLUH0LQHUDOVDQG :DVWH/RFDO3ODQ $SSHQGL[ 6XVWDLQDELOLW\DSSUDLVDOREMHFWLYHV $SSHQGL[ 7LWOHV RI GHYHORSPHQW PDQDJHPHQW DQG UHVWRUDWLRQ SROLFLHV
4
,QWURGXFWLRQ
/LQFROQVKLUH&RXQW\&RXQFLOLVWKH0LQHUDODQG:DVWH3ODQQLQJ$XWKRULW\ IRUWKHFRXQW\RI/LQFROQVKLUH ILJXUH DQGLVUHVSRQVLEOHIRU
x WKHSUHSDUDWLRQPRQLWRULQJDQGUHYLHZRIORFDOSODQVDQG 6XSSOHPHQWDU\3ODQQLQJ'RFXPHQWV 63'V UHODWLQJWRPLQHUDOV DQGZDVWHIRUWKHFRXQW\DQG x WKHGHWHUPLQDWLRQRISODQQLQJDSSOLFDWLRQVZLWKLQWKHFRXQW\IRU PLQHUDOVDQGZDVWHGHYHORSPHQW
8QGHUWKH3ODQQLQJDQG&RPSXOVRU\3XUFKDVH$FW WKH$FW DVDPHQGHGE\WKH/RFDOLVP$FWWKHFRXQFLOLVUHTXLUHGWR SHULRGLFDOO\SURGXFHDQ$XWKRULW\0RQLWRULQJ5HSRUW $05 WKDWSURYLGHV LQIRUPDWLRQZLWKUHVSHFWWR
x WKHLPSOHPHQWDWLRQRILWVWLPHWDEOHIRUWKHSUHSDUDWLRQRIORFDO SODQVDQG63'VUHODWLQJWRPLQHUDOVDQGZDVWHDVVHWRXWLQLWV 0LQHUDOVDQG:DVWH'HYHORSPHQW6FKHPHDQG x WKHSHUIRUPDQFHRIWKHFRXQFLO VSROLFLHVVHWRXWLQLWVDGRSWHGORFDO SODQVDQG63'VUHODWLQJWRPLQHUDOVDQGZDVWH
)XUWKHULQIRUPDWLRQRQZKDWWKHPRQLWRULQJUHSRUWVKRXOGFRQWDLQLVVHW RXWLQUHJXODWLRQRIWKH7RZQDQG&RXQWU\3ODQQLQJ /RFDO3ODQQLQJ (QJODQG 5HJXODWLRQV7KLVLQFOXGHVDUHTXLUHPHQWWRJLYHGHWDLOV RIWKHDFWLRQVWKDWWKHFRXQFLOKDVWDNHQWRHQVXUHFRQVWUXFWLYH HQJDJHPHQWRQVWUDWHJLFDQGFURVVERXQGDU\PDWWHUVZLWKRWKHU DXWKRULWLHVDQGSXEOLFERGLHVLQFOXGLQJFRRSHUDWLRQLQWKHSUHSDUDWLRQRI ORFDOSODQVDQG63'VWRPHHWWKHGXW\WRFRRSHUDWHUHTXLUHPHQWVXQGHU 6HFWLRQRIWKH$FW
7KLV$05LVIRUWKHFDOHQGDU\HDUDQGLVEDVHGRQLQIRUPDWLRQ DYDLODEOHGXULQJWKDW\HDU
$WWKHFRPPHQFHPHQWRIWKHPRQLWRULQJSHULRGZRUNZDVZHOO DGYDQFHGRQDFRPELQHG/LQFROQVKLUH0LQHUDOVDQG:DVWH/RFDO3ODQ ZKLFKZDVEHLQJSUHSDUHGLQWZRSDUWV
x WKH&RUH6WUDWHJ\DQG'HYHORSPHQW0DQDJHPHQW3ROLFLHV &6'03 ZKLFKZDVDGRSWHGRQ-XQHDQG x WKH6LWH/RFDWLRQVGRFXPHQW 6/' ZKLFKKDGMXVWEHHQ VXEMHFWWRSUHVXEPLVVLRQFRQVXOWDWLRQDWWKHHQGRI DQG ZDVVXEVHTXHQWO\DGRSWHGRQ'HFHPEHU
1R63'VZHUHLQSODFHDWWKHEHJLQQLQJRIWKH\HDUDQGQRQHZHUH SURSRVHG
5
7KH$GRSWHG&6'03UHSODFHGWKH/LQFROQVKLUH0LQHUDOV/RFDO3ODQ DQGWKH/LQFROQVKLUH:DVWH/RFDO3ODQ ZLWKWKHH[FHSWLRQRI SROLFLHV:/3:/3DQG:/3RIWKH/LQFROQVKLUH:DVWH/RFDO3ODQ 7KHVHSROLFLHVZHUHUHSODFHGE\WKH6/'ZKHQLWZDVDGRSWHGDW WKHHQGRI
2QHRIWKHSULPDU\IXQFWLRQVRIWKLV$05LVWRLGHQWLI\ZKHWKHUWKHUHZHUH DQ\LVVXHVLQWKDWHLWKHUDIIHFWHGWKHSUHSDUDWLRQRIWKH/LQFROQVKLUH 0LQHUDOVDQG:DVWH/RFDO3ODQRUDIIHFWHGWKHSHUIRUPDQFHRIWKHSROLFLHV DOUHDG\DGRSWHG:KHUHLVVXHVDUHLGHQWLILHGWKH$05VHWVRXWKRZWKH\ ZHUHEHLQJDGGUHVVHG
7KLV$05ZDVILUVWSXEOLVKHGLQ1RYHPEHUEXWKDVEHHQ UHIRUPDWWHGWRFRPSO\ZLWKWKHFRXQFLO VDFFHVVLELOLW\VWDQGDUGV ,QDGGLWLRQWKHSHUIRUPDQFHRISROLF\:/3KDVEHHQDPHQGHGWR WDNHLQWRDFFRXQWLWVSHUIRUPDQFHLQWKH$05IRU0LQRU W\SRJUDSKLFDOHUURUVLQWKHSUHYLRXVYHUVLRQKDYHDOVREHHQ FRUUHFWHG
6
)LJXUH7KHFRXQW\RI/LQFROQVKLUH
7
,PSOHPHQWDWLRQRIWKH0LQHUDOVDQG:DVWH 'HYHORSPHQW6FKHPH
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±/RFDO'HYHORSPHQW6FKHPH $XJXVW 6WDJHLQ3ODQ3URFHVV 7DUJHW'DWH 7LPHOLQH $FWXDO 3UH±6XEPLVVLRQ 6SULQJ 1RYHPEHU &RQVXOWDWLRQ 6XEPLVVLRQ 6XPPHU 1$ 6HHEHORZ $GRSWLRQ :LQWHU 1$ 6HHEHORZ
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
8
7DEOH.H\PLOHVWRQHVIRUWKH6/'±0LQHUDOVDQG:DVWH'HYHORSPHQW 6FKHPH$SULO 6WDJHLQ3ODQ3URFHVV 7DUJHW'DWH 7LPHOLQH $FWXDO 6XEPLVVLRQ $SULO $SULO ([DPLQDWLRQ 6XPPHU$XWXPQ -XO\ +HDULQJV $GRSWLRQ :LQWHU 'HFHPEHU
7DEOHLQGLFDWHVWKDWWKH6/'ZDVVXEVHTXHQWO\SURJUHVVHGLQOLQHZLWK WKHXSGDWHGWLPHWDEOH7KH6/'ZDVVXEPLWWHGWRWKH6HFUHWDU\RI6WDWH RQ$SULODQGKHDULQJVZHUHKHOGEHWZHHQDQG-XO\ 7KHH[DPLQDWLRQZDVFRPSOHWHGRQ6HSWHPEHUZLWKWKHLVVXLQJ RIWKH,QVSHFWRU V5HSRUWZKLFKFRQFOXGHGWKDWWKH6/'ZDVVRXQGDQG OHJDOO\FRPSOLDQW7KHUHSRUWGLGQRWUHFRPPHQGDQ\0DLQ0RGLILFDWLRQV DQGDFNQRZOHGJHGWKDWWKH$GGLWLRQDO0RGLILFDWLRQVSURSRVHGE\WKH FRXQW\FRXQFLOGXULQJWKH([DPLQDWLRQZHUHPLQRULQQDWXUHDQGZRXOGQRW DIIHFWWKHGRFXPHQWVVRXQGQHVV
2Q'HFHPEHUWKHFRXQW\FRXQFLOUHVROYHGWRDGRSWWKH6LWH /RFDWLRQVGRFXPHQWLQFRUSRUDWLQJWKH$GGLWLRQDO0RGLILFDWLRQVSURSRVHG GXULQJWKH([DPLQDWLRQWRJHWKHUZLWKIXUWKHU$GGLWLRQDO0RGLILFDWLRQVWR UHIOHFWWKHGRFXPHQWVVWDWXVDWWKHSRLQWRIDGRSWLRQ&RQVHTXHQWO\E\ WKHHQGRIWKHFRXQW\FRXQFLOKDGDFRPSOHWHDQGXSWRGDWH 0LQHUDOVDQG:DVWH/RFDO3ODQLQSODFH
9
0RQLWRULQJRIWKHPLQHUDOVDQGZDVWHSROLFLHV
'XULQJWKHPRQLWRULQJSHULRGWKHFRXQFLO VPLQHUDOVDQGZDVWH SROLFLHVZHUHVHWRXWLQWKHIROORZLQJGRFXPHQWV x 7KH&RUH6WUDWHJ\DQG'HYHORSPHQW0DQDJHPHQW3ROLFLHV &6'03 DGRSWHG-XQH x 6DYHG3ROLFLHV:/3:/3DQG:/3RIWKH/LQFROQVKLUH:DVWH/RFDO 3ODQ x 7KH6LWH/RFDWLRQVGRFXPHQW 6/' DGRSWHG'HFHPEHUDQG ZKLFKUHSODFHGWKHDERYHPHQWLRQHGVDYHGSROLFLHVRIWKH/LQFROQVKLUH :DVWH/RFDO3ODQ ,QRUGHUWRPRQLWRUWKHHIIHFWLYHQHVVRIWKH&6'03WKHGRFXPHQW SURYLGHVDWDEOHRISHUIRUPDQFHWDUJHWVOLQNHGWRRXWSXWLQGLFDWRUVZKLFK SURYLGHDEHQFKPDUNIRUPHDVXULQJSROLF\LPSOHPHQWDWLRQ7KLV PRQLWRULQJIUDPHZRUNDOVRLQFOXGHVSURYLVLRQWRPRQLWRUWKHREMHFWLYHVRI ERWKWKH&6'03DQGWKHDVVRFLDWHG6XVWDLQDELOLW\$SSUDLVDO 6$ ZKLFK WKHSROLFLHVVHHNWRGHOLYHU'HWDLOVRIWKHVHREMHFWLYHVFDQEHIRXQGLQ $SSHQGLFHVDQG 7KH/LQFROQVKLUH:DVWH/RFDO3ODQ GLGQRWLQFOXGHSHUIRUPDQFH WDUJHWVRURXWSXWLQGLFDWRUV+RZHYHUDVWKHWKUHHVDYHGSROLFLHVUHIHUUHG WRWKHSURYLVLRQRIVSHFLILFZDVWHIDFLOLWLHVDVVHVVLQJSHUIRUPDQFHLV UHODWLYHO\VWUDLJKWIRUZDUGZLWKWKHWDUJHWEDVHGRQZKHWKHUWKRVH IDFLOLWLHVKDYHEHHQGHOLYHUHG$VWKHVHSROLFLHVZHUHUHSODFHGE\WKH6/' GXULQJWKHPRQLWRULQJSHULRGPRQLWRULQJKDVEHHQOLPLWHGWRWKHSHULRG -DQXDU\WR'HFHPEHU 7KH6/'DOVRSURYLGHVDWDEOHRISHUIRUPDQFHWDUJHWVOLQNHGWRRXWSXW LQGLFDWRUVLQRUGHUWRPHDVXUHSROLF\LPSOHPHQWDWLRQFRQVLVWHQWZLWKWKH IUDPHZRUNVHWRXWLQWKH&6'03 $VWKH6/'ZDVDGRSWHGWRZDUGVWKH HQGRIWKHPRQLWRULQJSHULRGWKHPRQLWRULQJRIWKHSROLFLHVKDVEHHQ OLPLWHGWRWKHSHULRG'HFHPEHUWR'HFHPEHU 7KHDVVHVVPHQWRISROLFLHVKDVEHHQFDUULHGRXWLQWKUHHSDUWVWKHILUVW SDUWGHDOLQJZLWK&RUH3ROLFLHV LQFOXGLQJWKHWKUHHVDYHGSROLFLHVRIWKH :DVWH/RFDO3ODQ WKDWLQJHQHUDOUHTXLUHPRUHDQDO\VLVWKH VHFRQGSDUWGHDOLQJZLWK'HYHORSPHQW0DQDJHPHQW3ROLFLHVDQG 5HVWRUDWLRQ3ROLFLHVZKLFKWHQGWREHPRUHVWUDLJKWIRUZDUGDQGWKHWKLUG SDUWGHDOLQJZLWKSROLFLHVLQWKH6/'WKDWUHODWHWRPLQHUDOVDQGZDVWH DOORFDWLRQV
10
$WUDIILFOLJKWV\VWHPKDVEHHQDGRSWHGWRLQGLFDWHWKHFXUUHQWOHYHORI SHUIRUPDQFHIRUHDFKSROLF\
3ROLF\LVPHHWLQJLWV REMHFWLYHVRUDWSUHVHQW WKHUHLVQRLQIRUPDWLRQ DYDLODEOHWRLQGLFDWHWKDWWKLV LVQRWWKHFDVH 6RPHLVVXHVKDYHEHHQ LGHQWLILHGEXWDWSUHVHQW WKHVHDUHQRWFRQVLGHUHGWR DIIHFWWKHSROLF\ VREMHFWLYHV 3ROLF\LVQRWPHHWLQJLWV REMHFWLYHVDQGUHPHGLDO DFWLRQZLOOEHQHFHVVDU\
,QDGGLWLRQWRDVVLVWLQWKHPRQLWRULQJRISROLFLHVWKH&6'03UHTXLUHVWKH FRXQFLOWRURXWLQHO\PRQLWRURWKHUPDWWHUVVXFKDVWKHWDNHXSLQ DOORFDWHGVLWHVDQGDUHDV)RUPLQHUDOVWKH&6'03UHTXLUHVWKH PRQLWRULQJRIWKHQXPEHUDQGQDWXUHRIDSSOLFDWLRQVWKDWLQYROYHWKH H[WUDFWLRQRIPLQHUDOW\SHVZKLFKDUHQRWFRYHUHGE\VSHFLILFSROLFLHV 'XULQJWKHPRQLWRULQJSHULRGKRZHYHUQRVXFKDSSOLFDWLRQVZHUH UHFHLYHG
)RUZDVWHWKHFRXQFLOLVUHTXLUHGWRPRQLWRUDVIDUDVSRVVLEOHH[LVWLQJ VWRFNDQGFKDQJHVLQVWRFNDQGFDSDFLWLHVZDVWHDULVLQJVDQGWKH DPRXQWVRIZDVWHUHF\FOHGUHFRYHUHGRUJRLQJIRUGLVSRVDO7KLV LQIRUPDWLRQLVUHSRUWHGLQ6HFWLRQXQGHUWKHUHOHYDQW&RUH3ROLFLHV
11
3HUIRUPDQFHRIWKHFRUHSROLFLHV
)RUHDFKFRUHSROLF\RIWKH&6'03WKLV6HFWLRQSURYLGHVDVXPPDU\ER[ VHWWLQJRXW
x ZKLFKSODQREMHFWLYH V DQG6XVWDLQDELOLW\$SSUDLVDO 6$ 2EMHFWLYH V DUHOLQNHGWRWKHSROLF\ VHH$SSHQGLFHVDQGIRUGHWDLOVRIWKRVH REMHFWLYHV x WKHSUHVFULEHGLQGLFDWRU V DQGWDUJHW V IURPWKH&6'03 x WKHUHVXOW V IRUDQG x DQDVVHVVPHQWRIWKHSHUIRUPDQFHXVLQJWKHWUDIILFOLJKWV\VWHP GHVFULEHGLQ6HFWLRQ
(DFK6XPPDU\ER[LVWKHQIROORZHGE\DPRUHGHWDLOHGH[SODQDWLRQRIWKH UHVXOWVDQGZKHUHQHFHVVDU\DQH[SODQDWLRQRIKRZWKHSHUIRUPDQFHKDV EHHQDVVHVVHG
)RUWKHWKUHHUHPDLQLQJSROLFLHVRIWKH/LQFROQVKLUH:DVWH/RFDO3ODQ DVWKHUHDUHQRVSHFLILHGWDUJHWVLQWKDWSODQSHUIRUPDQFHLV DVVHVVHGDJDLQVWZKHWKHUWKHZDVWHLQIUDVWUXFWXUHUHIHUUHGWRLQWKH UHVSHFWLYHSROLF\KDVEHHQGHOLYHUHG
3ROLF\05HF\FOHGDQGVHFRQGDU\DJJUHJDWH
3ODQREMHFWLYHJ 6$REMHFWLYH
,QGLFDWRU3HUFHQWDJHRIUHOHYDQWSODQQLQJDSSOLFDWLRQVGHWHUPLQHGLQ DFFRUGDQFHZLWKSROLF\0
7DUJHW
5HVXOW
3HUIRUPDQFH
3ROLF\LVPHHWLQJLWVREMHFWLYHVRUDWSUHVHQW WKHUHLVQRLQIRUPDWLRQDYDLODEOHWRLQGLFDWHWKDW WKLVLVQRWWKHFDVH
7ZRSODQQLQJDSSOLFDWLRQVZHUHDVVHVVHGDJDLQVW3ROLF\0GXULQJWKH PRQLWRULQJSHULRG%RWKZHUHJUDQWHGLQDFFRUGDQFHZLWKWKHSROLF\
12
3ROLF\03URYLGLQJIRUDQDGHTXDWHVXSSO\RIVDQGDQGJUDYHO
3ODQREMHFWLYHE 6$REMHFWLYH
,QGLFDWRU'HOLYHU\RIWKHLGHQWLILHGDQQXDOSURYLVLRQE\3URGXFWLRQ $UHD
7DUJHWDFFRUGDQFHZLWKSROLF\0
5HVXOWV
, /LQFROQ7UHQW9DOOH\3URGXFWLRQ$UHD ,, &HQWUDO/LQFROQVKLUH3URGXFWLRQ$UHD ,,, 6RXWK/LQFROQVKLUH3URGXFWLRQ$UHD
,QGLFDWRU7\SHRIVLWHV H[WHQVLRQVQHZ
7DUJHW3ULRULW\WRH[WHQVLRQV
5HVXOW3ULRULW\ZDVJLYHQWRH[WHQVLRQVLQWKHDGRSWHG6LWH/RFDWLRQVGRFXPHQW ZLWKRQO\RQHQHZVLWHDOORFDWHG
,QGLFDWRU/RFDWLRQRIQHZTXDUULHVE\3URGXFWLRQ$UHD
7DUJHWORFDWLRQZLWKLQ$UHDVRI6HDUFK
5HVXOWRIDOORFDWLRQVIRUQHZTXDUULHVLQWKHDGRSWHG6LWH/RFDWLRQV GRFXPHQWZLWKLQDUHDVRIVHDUFK
,QGLFDWRU$OORFDWLRQRIVLWHVPHHWLQJWKHUHTXLUHGDQQXDODQGSODQ SHULRGSURYLVLRQ
7DUJHW7KURXJKDGRSWHG6LWHV/RFDWLRQ3ODQ
5HVXOW$OORFDWLRQVKDYHEHHQPDGHWRPHHWWKHUHTXLUHGSODQSURYLVLRQLQWKH DGRSWHG6LWH/RFDWLRQVGRFXPHQW
,QGLFDWRU3HUPLVVLRQVIRUQRQDOORFDWHGVLWHV
7DUJHW=HUR
5HVXOW2QHDSSOLFDWLRQIRUDQH[WHQVLRQZDVJUDQWHGIRUDQRQDOORFDWHGVLWH
3HUIRUPDQFH
3ROLF\LVPHHWLQJLWVREMHFWLYHVRUDWSUHVHQWWKHUHLV QRLQIRUPDWLRQDYDLODEOHWRLQGLFDWHWKDWWKLVLVQRWWKHFDVH
13
3ROLF\&RQWH[W
7KHDLPRIWKLVSROLF\LVWRHQVXUHDQDGHTXDWHVXSSO\RIVDQGDQGJUDYHO IRUDJJUHJDWHSXUSRVHVE\PDNLQJSURYLVLRQRYHUWKHSODQSHULRG WR LQFOXVLYH IRUWKHH[WUDFWLRQRIPLOOLRQWRQQHVGLYLGHGEHWZHHQ WKUHHSURGXFWLRQDUHDV
x /LQFROQ7UHQW9DOOH\±PLOOLRQWRQQHV #PLOOLRQWRQQHV SHUDQQXP x &HQWUDO/LQFROQVKLUH±PLOOLRQWRQQHV #PLOOLRQWRQQHVSHU DQQXP DQG x 6RXWK/LQFROQVKLUH±PLOOLRQWRQQHV #PLOOLRQWRQQHV SHUDQQXP
$VVHWRXWLQ3ROLF\6/RIWKHDGRSWHG6LWH/RFDWLRQVGRFXPHQWWKH FRXQW\FRXQFLOPDNHVWKLVSURYLVLRQWKURXJK
x H[LVWLQJSHUPLWWHGUHVHUYHV x WKHUHOHDVHRIIXUWKHUUHVHUYHVDWVLWHVZLWKUHVROXWLRQVWRJUDQW SODQQLQJSHUPLVVLRQEXWDZDLWLQJWKHFRPSOHWLRQRIVSODQQLQJ REOLJDWLRQVDQG x VLWHVWKDWKDYHEHHQDOORFDWHGIRUIXWXUHH[WUDFWLRQ
,QGLFDWRU'HOLYHU\RIWKHDQQXDOSURYLVLRQE\3URGXFWLRQ$UHD
7KHILUVWLQGLFDWRUZDVWKHUHIRUHVHWXSDVDPHDQVRIDVVHVVLQJZKHWKHU WKHFRXQFLOLVRQFRXUVHWRGHOLYHUWKHSODQQHGSURYLVLRQRIVDQGDQG JUDYHOZLWKLQHDFKSURGXFWLRQDUHDIRUWKHSODQSHULRG7KLVLVDFKLHYHGE\ FRPSDULQJWKHDYHUDJHDQQXDOVDOHVZLWKWKHSODQQHGSURYLVLRQUDWHIRU WKDWSDUWRIWKHSODQSHULRGZKLFKKDVODSVHGDQGIRUZKLFKVDOHVGDWDLV DYDLODEOH7KHUHVXOWVDUHVHWRXWLQWDEOHDVSHUFHQWDJHVZKLFKFDQEH LQWHUSUHWHGDV
x UHVXOWVDURXQGWKHSODQLVRQFRXUVHWRGHOLYHUWKHSODQQHG SURYLVLRQ x UHVXOWVOHVVWKDQWKHSODQLVOHVVOLNHO\WRGHOLYHUWKHSODQQHG SURYLVLRQZKLFKPD\LQGLFDWHSUREOHPVZLWKVXSSO\RUFRXOGVLPSO\EH WKHUHVXOWRIORZGHPDQGDQG x UHVXOWVRYHUGHPDQGPD\H[FHHGWKHSODQQHGSURYLVLRQRYHU WKHSODQSHULRG
,QSUDFWLFHLWZLOOEHUDUHIRUWKHUHVXOWIRUHDFKSURGXFWLRQDUHDWREH H[DFWO\VRWKHUHVXOWVQHHGWREHVXEMHFWWRFORVHVFUXWLQ\7KH FRXQFLOLQHIIHFWGRHVWKLVHDFK\HDULQLWV/RFDO$JJUHJDWH$VVHVVPHQW ZKLFKLVSURGXFHGLQDFFRUGDQFHZLWKWKH1DWLRQDO3ODQQLQJ3ROLF\ )UDPHZRUN$WWKHHQGRIWKHPRQLWRULQJSHULRGWKHODWHVWVDOHV LQIRUPDWLRQDYDLODEOHUHODWHGWRWKH\HDUDVVHWRXWLQWKH
14
/LQFROQVKLUH/RFDO$JJUHJDWH$VVHVVPHQW 5HSRUWLQJ'DWD WKH /$$ 7KH/$$VKRXOGEHUHDGLQFRQMXQFWLRQZLWKWKLV$05
7DEOH'HOLYHU\RI&6'03SODQQHGDQQXDOSURYLVLRQRIVDQGDQGJUDYHO
6DQGDQG &6'03 $YHUDJH 3ODQQHG JUDYHO SODQQHG 6DOHV 6DOHV 6DOHV DQQXDO DQQXDO SURGXFWLRQ DQQXDO PW PW PW VDOHV SURYLVLRQ DUHD SURYLVLRQ GHOLYHUHG PW XSWR 'HFHPEHU /LQFROQ7UHQW 9DOOH\
&HQWUDO /LQFROQVKLUH
6RXWK /LQFROQVKLUH
/LQFROQVKLUH
7KHWDEOHLOOXVWUDWHVWKDWSURGXFWLRQRIVDQGDQGJUDYHOLQWKH /LQFROQ7UHQW9DOOH\3URGXFWLRQ$UHDZDVYHU\FORVHWRWKHDQQXDO SURYLVLRQUDWHVHWLQWKH&6'03VRWKH3ODQDSSHDUVWREHRQFRXUVHWR GHOLYHUWKHSODQQHGSURYLVLRQLQWKLVSURGXFWLRQDUHD:KLOVWSURGXFWLRQ KDVUHPDLQHGPDUJLQDOO\KLJKHUWKDQWKHSURYLVLRQUDWHWKLVGRHVQRW SUHVHQWDQ\FRQFHUQVJLYHQWKHIOH[LELOLW\EXLOWLQWRWKHDOORFDWLRQVLQWKH DGRSWHG6/' 6HH,QGLFDWRUEHORZ
3URGXFWLRQOHYHOVLQERWKWKH&HQWUDO/LQFROQVKLUHDQGWKH6RXWK /LQFROQVKLUH3URGXFWLRQ$UHDVZHUHORZHUWKDQWKHDQQXDOSURYLVLRQUDWHV VHWLQWKH&6'03+RZHYHUWKH/$$GRHVQRWLGHQWLI\DQ\LVVXHVZLWK VXSSO\LQWKHVHDUHDV7KHSURYLVLRQOHYHOVVHWIRUWKHVHWZRSURGXFWLRQ DUHDVDUHQRWFRQVLGHUHGH[FHVVLYHDVWKH\DOORZIRUDQDQWLFLSDWHG UHFRYHU\LQVDOHV
7KH/$$GRHVKLJKOLJKWDJURZLQJWUHQGLQH[SRUWVRIVDQGDQGJUDYHOIURP /LQFROQVKLUHWRQHLJKERXULQJFRXQWLHVZKLOVWGHPDQGZLWKLQ/LQFROQVKLUH KDVEHHQORZ:KLOVWWKLVGRHVQRWSUHVHQWDQ\FXUUHQWLVVXHVZLWKVXSSO\ WKLVZLOOQHHGWREHFORVHO\PRQLWRUHGJRLQJIRUZDUGSDUWLFXODUO\LI GHPDQGIURPZLWKLQ/LQFROQVKLUHLQFUHDVHV
,WLVWKHUHIRUHFRQVLGHUHGWKDWGXULQJWKHPRQLWRULQJSHULRGWKHSROLF\ GHOLYHUHGDVXIILFLHQWVXSSO\RIVDQGDQGJUDYHOLQHDFK3URGXFWLRQ$UHDWR
15
PHHWWKHOHYHORIGHPDQGDQGDVDUHVXOWWKHSROLF\REMHFWLYHVZHUH EHLQJPHW
,QGLFDWRU7\SHRI6LWHV([WHQVLRQV1HZ
3ROLF\0VSHFLILHVWKDWWKH6/'VKRXOGSULRULWLVHWKHDOORFDWLRQRI H[WHQVLRQVWRH[LVWLQJ$FWLYH0LQLQJ6LWHVRYHUWKHDOORFDWLRQRIQHZVLWHV
7KHDGRSWHG6LWH/RFDWLRQVGRFXPHQWKDVJLYHQSULRULW\WRH[WHQVLRQVWR H[LVWLQJPLQHUDOVLWHVLQOLQHZLWKSROLF\0ZLWKVHYHQH[WHQVLRQV DOORFDWHG2QO\RQHQHZTXDUU\KDVEHHQDOORFDWHGDQGWKLVLVDW0DQRU )DUP*UHDWIRUG 066/ WRUHSODFHWKH%DVWRQ1R4XDUU\$Q H[WHQVLRQRIWKH%DVWRQ1R4XDUU\ZDVQRWFRQVLGHUHGIHDVLEOHSULPDULO\ GXHWRHQYLURQPHQWDOFRQVWUDLQWV
,WLVWKHUHIRUHFRQVLGHUHGWKDWWKLVDVSHFWRIWKHSROLF\KDVEHHQPHWE\ WKH6LWH/RFDWLRQVGRFXPHQW
,QGLFDWRU/RFDWLRQRIQHZTXDUULHVE\3URGXFWLRQ$UHD
:KHUHQHZTXDUULHVDUHDOORFDWHGLQWKH6LWH/RFDWLRQVGRFXPHQW3ROLF\ 0VSHFLILHVWKDWWKH\VKRXOGEHORFDWHGZLWKLQDQ$UHDRI6HDUFK2QO\ RQHQHZVLWHLVDOORFDWHGLQWKHDGRSWHG6LWH/RFDWLRQVGRFXPHQWNQRZQ DV0DQRU)DUP*UHDWIRUG 066/ ZKLFKLVORFDWHGLQDQ$UHDRI 6HDUFK
,WLVWKHUHIRUHFRQVLGHUHGWKDWWKLVDVSHFWRIWKHSROLF\KDVEHHQPHWE\ WKH6LWH/RFDWLRQVGRFXPHQW
,QGLFDWRU$OORFDWLRQRIVLWHVPHHWLQJWKHUHTXLUHGDQQXDODQG SODQSHULRGSURYLVLRQ
3ROLF\6/RIWKHDGRSWHG6LWH/RFDWLRQVGRFXPHQWDOORFDWHVVXIILFLHQW VLWHVWRPHHWWKHDQQXDODQGSODQSHULRGSURYLVLRQIRUVDQGDQGJUDYHOVHW RXWLQ3ROLF\06RPHRIWKHDOORFDWLRQVDUHQRWUHTXLUHGXQWLOZHOOLQWR WKHSODQSHULRGDQGDVDUHVXOWZLOORQO\EHSDUWLDOO\ZRUNHGGXULQJWKLV SHULRG7KHRYHUDOODOORFDWLRQLQHDFKSURGXFWLRQDUHDWKHUHIRUHH[FHHGV WKHUHTXLUHPHQWVRI3ROLF\0DQGSURYLGHVDGHJUHHRIIOH[LELOLW\VKRXOG GHPDQGH[FHHGIRUHFDVWOHYHOV
,WLVWKHUHIRUHFRQVLGHUHGWKDWWKLVDVSHFWRIWKHSROLF\KDVEHHQPHWE\ WKH6LWH/RFDWLRQVGRFXPHQW
,QGLFDWRU3HUPLVVLRQVIRUQRQDOORFDWHGVLWHV
3ODQQLQJSHUPLVVLRQIRUVDQGDQGJUDYHOH[WUDFWLRQZDVJUDQWHGRQRQH QRQDOORFDWHGVLWHGXULQJWKHPRQLWRULQJSHULRG3ODQQLQJDSSOLFDWLRQ 3/FRPSULVHGZHVWHUQDQGHDVWHUQH[WHQVLRQVWR:RRGKDOO6SD .LUNE\RQ%DLQ 4XDUU\SURYLGLQJPWRIVDQGDQGJUDYHO
16
7KLVDSSOLFDWLRQZDVVXEMHFWWRDFRPPLWWHHUHVROXWLRQRQ$SULOWR JUDQWSODQQLQJSHUPLVVLRQVXEMHFWWRWKHFRPSOHWLRQRID6HFWLRQ 3ODQQLQJ2EOLJDWLRQSULRUWRWKHDGRSWLRQRIWKH&6'03,WZDVWKHUHIRUH H[FOXGHGIURPWKHDOORFDWLRQSURFHVVDVWKHUHVHUYHVZHUHDOUHDG\EHLQJ WDNHQLQWRDFFRXQWLQWKHGUDIWLQJRI3ROLF\6/RIWKH6/' 3UH 6XEPLVVLRQ'UDIW 3ODQQLQJSHUPLVVLRQZDVVXEVHTXHQWO\JUDQWHGLQ 6HSWHPEHUSULRUWRDGRSWLRQRIWKH6/'
$FFRUGLQJO\LWLVFRQVLGHUHGWKDWWKHDERYHSODQQLQJSHUPLVVLRQGRHVQRW FRQIOLFWZLWKWKHUHOHYDQWREMHFWLYHVRI3ROLF\0DVWKHVLWHKDGDOUHDG\ EHHQWDNHQLQWRDFFRXQWGXULQJWKHSUHSDUDWLRQRIWKH6/'
3ROLF\0/DQGEDQNRI6DQGDQG*UDYHO 3ODQREMHFWLYHE6$REMHFWLYH ,QGLFDWRU/HYHORIODQGEDQNIRUVDQGDQGJUDYHODJJUHJDWHZLWKLQHDFK 3URGXFWLRQ$UHD 7DUJHW0LQLPXPODQGEDQNRI\HDUVZLWKLQHDFK3URGXFWLRQ$UHDFDOFXODWHGLQ DFFRUGDQFHZLWKWKHODWHVW/$$ 5HVXOW , /LQFROQ7UHQW9DOOH\3$/DQGEDQN \HDUV ,, &HQWUDO/LQFROQVKLUH3$/DQGEDQN \HDUV ,,, 6RXWK/LQFROQVKLUH3$/DQGEDQN \HDUV
0LQLPXP\HDUODQGEDQNDFKLHYHG 3HUIRUPDQFH 3ROLF\LVPHHWLQJLWVREMHFWLYHVRUDWSUHVHQWWKHUHLVQR LQIRUPDWLRQDYDLODEOHWRLQGLFDWHWKDWWKLVLVQRWWKHFDVH
7KH/$$FRQFOXGHVWKDWWKHODQGEDQNRISHUPLWWHGUHVHUYHVZLWKLQHDFK SURGXFWLRQDUHDVKRXOGEHEDVHGRQWKH\HDUDYHUDJHVDOHVDSSURDFK 7KDWLVWKHOHYHORISHUPLWWHGUHVHUYHV LQWRQQHV VKRXOGEHGLYLGHGE\ WKHDYHUDJHOHYHORIVDOHVIRUWKHSHULRGWR LQWRQQHVSHU DQQXP WRJLYHWKHOHQJWKRIWKHODQGEDQN LQ\HDUV DVVHWRXWLQWDEOH
17
7DEOH6DQGDQGJUDYHOODQGEDQN DVDW'HFHPEHU
3URGXFWLRQDUHD 3HUPLWWHG \HDU /DQGEDQN UHVHUYHVDV DYHUDJH \HDUV DW DQQXDOVDOHV 'HFHPEHU PW /LQFROQ7UHQW9DOOH\
&HQWUDO/LQFROQVKLUH
6RXWK/LQFROQVKLUH /LQFROQVKLUH 7RWDO 6RXUFH(0$:3$QQXDO0RQLWRULQJ5HSRUW
7KHWDEOHGHPRQVWUDWHVWKDWWKHODQGEDQNH[FHHGHGWKH\HDUPLQLPXP WDUJHWLQHDFKSURGXFWLRQDUHDPHHWLQJWKHREMHFWLYHVRISROLF\0 )XUWKHUPRUHWKH/$$UHSRUWVWKDWWZRDSSOLFDWLRQVZHUHDZDLWLQJWKH FRPSOHWLRQRIVSODQQLQJREOLJDWLRQVDWWKHHQGRIWKDW\HDU7KHVH ZHUHDQWLFLSDWHGWRLQFUHDVHWKHODQGEDQNVRIWZRRIWKHSURGXFWLRQDUHDV E\
x \HDUV /LQFROQ7UHQW9DOOH\ DQG x \HDUV &HQWUDO/LQFROQVKLUH
3ROLF\03URSRVDOVIRU6DQGDQG*UDYHO([WUDFWLRQ 3ODQREMHFWLYHD F6$REMHFWLYH ,QGLFDWRU3HUFHQWDJHRIUHOHYDQWSODQQLQJDSSOLFDWLRQVGHWHUPLQHGLQ DFFRUGDQFHZLWKSROLF\0 7DUJHW 5HVXOW1$ 3HUIRUPDQFH
3ROLF\LVPHHWLQJLWVREMHFWLYHVRUDWSUHVHQWWKHUHLV QRLQIRUPDWLRQDYDLODEOHWRLQGLFDWHWKDWWKLVLVQRWWKHFDVH
18
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
3ROLF\0/LPHVWRQH 3ODQREMHFWLYHD F6$REMHFWLYH ,QGLFDWRU3HUFHQWDJHRIUHOHYDQWSODQQLQJDSSOLFDWLRQVGHWHUPLQHGLQ DFFRUGDQFHZLWKSROLF\0 7DUJHW 5HVXOW ,QGLFDWRU7KHGHOLYHU\RIWKHLGHQWLILHGDQQXDOSURYLVLRQ 7DUJHW 5HVXOW 3HUIRUPDQFH
3ROLF\LVPHHWLQJLWVREMHFWLYHVRUDWSUHVHQWWKHUHLV QRLQIRUPDWLRQDYDLODEOHWRLQGLFDWHWKDWWKLVLVQRWWKHFDVH
3ROLF\&RQWH[W
7KH&6'03VHWVWKHOHYHORISURYLVLRQIRUOLPHVWRQHDJJUHJDWHDW PLOOLRQWRQQHVIRUWKHSODQSHULRGWRHTXDWLQJWRDQDQQXDO UHTXLUHPHQWRIPLOOLRQWRQQHVSHU\HDU$WWKHEHJLQQLQJRIWKHSODQ SHULRGKRZHYHUWKHWRWDOOHYHORISHUPLWWHGUHVHUYHVLQWKHFRXQW\VWRRG DWPLOOLRQWRQQHVSURYLGLQJDVXUSOXVRIPLOOLRQWRQQHVRYHU WKHSODQSHULRG$VDUHVXOWSROLF\0LVDUHODWLYHO\UHVWULFWLYHSROLF\ ZKLFKRQO\DOORZVIXUWKHUUHVHUYHVWREHUHOHDVHGZKHUHLWLVGHPRQVWUDWHG WKDWWKH\PHHWDSURYHQQHHGWKDWFDQQRWEHPHWE\H[LVWLQJ VLWHVVRXUFHV
19
,QGLFDWRU3HUFHQWDJHRIUHOHYDQWSODQQLQJDSSOLFDWLRQV GHWHUPLQHGLQDFFRUGDQFHZLWKSROLF\0
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
7KHVHFRQGSURSRVDO 3/ ZDVDQDSSOLFDWLRQXQGHUWKH (QYLURQPHQW$FWIRUWKH 5HYLHZRI0LQHUDO3ODQQLQJ3HUPLVVLRQ 5203DSSOLFDWLRQ IRU5RSVOH\4XDUU\7KLVDSSOLFDWLRQUHODWHGWRWKH UHYLHZRIFRQGLWLRQVDWWDFKHGWRDQH[LVWLQJSODQQLQJSHUPLVVLRQIRU OLPHVWRQHH[WUDFWLRQDQGDVVXFKLWLVFRQVLGHUHGWKDW3ROLF\0ZDVQRW UHOHYDQWWRWKHGHWHUPLQDWLRQRIWKLVFDVH
,QGLFDWRU7KHGHOLYHU\RIWKHLGHQWLILHGDQQXDOSURYLVLRQ
7KLVLQGLFDWRUZDVVHWXSDVDPHDQVRIDVVHVVLQJZKHWKHUWKHFRXQFLOLV RQFRXUVHWRGHOLYHUWKHSODQQHGSURYLVLRQRIOLPHVWRQHDJJUHJDWHIRUWKH SODQSHULRGE\FRPSDULQJWKHDQQXDOVDOHVZLWKWKHSODQQHGDQQXDO SURYLVLRQUDWH7DEOHEHORZFRPSDUHVWKHDYHUDJHDQQXDOVDOHVRI OLPHVWRQHDJJUHJDWHIRUWKHILUVWWKUHH\HDUVRIWKHSODQZLWKWKHSODQQHG DQQXDOSURYLVLRQ GDWDIURPWKH/$$ 7DEOH'HOLYHU\RI&6'03SODQQHGDQQXDOSURYLVLRQRIOLPHVWRQH DJJUHJDWH
&6'03 $YHUDJH 3ODQQHGDQQXDO SODQQHGDQQXDO VDOHV VDOHV VDOHV DQQXDO SURYLVLRQGHOLYHUHG SURYLVLRQ PW PW PW PW VDOHV XSWR'HFHPEHU PW
7KHWDEOHGHPRQVWUDWHVWKDWDQQXDOVDOHVRIOLPHVWRQHDJJUHJDWHKDYH LQFUHDVHGGXULQJWKHILUVWWKUHH\HDUVRIWKHSODQSHULRG:KLOVWVDOHVLQ ZHUHJUHDWHUWKDQWKHORFDOSODQSURYLVLRQUDWHWKHDYHUDJHDQQXDO VDOHVGXULQJWKHSODQSHULRGVRIDU PW UHPDLQORZHUWKDQWKHDQQXDO SURYLVLRQPDGHLQWKH&6'037KH/$$QRWHVWKDWWKLVILJXUHLVYHU\FORVH
20
WRWKH\HDUVDOHVDYHUDJH PW ZKLFKGRHVQRWLQGLFDWHDQHHGWR LQFUHDVHVXSSO\
,WLVWKHUHIRUHFRQVLGHUHGWKDWWKHUHDUHQRFXUUHQWLVVXHVZLWKWKH GHOLYHU\RIWKHLGHQWLILHGDQQXDOSURYLVLRQIRUOLPHVWRQHDJJUHJDWH KRZHYHUJLYHQWKHDSSDUHQWXSZDUGWUHQGLQVDOHVWKLVZLOOEHNHSWXQGHU FORVHUHYLHZ
0RUHLQIRUPDWLRQLVLQFOXGHGLQWKH/$$ZKLFKLQDGGLWLRQWRDJJUHJDWH VDOHVFRQVLGHUVPDWWHUVVXFKDVSHUPLWWHGUHVHUYHVODQGEDQNVDQG SURGXFWLYHFDSDFLW\ZKHQDVVHVVLQJFXUUHQWDQGIXWXUHDJJUHJDWH SURYLVLRQLQ/LQFROQVKLUH
3ROLF\0&KDON 3ODQREMHFWLYHDF6$REMHFWLYH ,QGLFDWRU3HUFHQWDJHRIUHOHYDQWSODQQLQJDSSOLFDWLRQVGHWHUPLQHGLQ DFFRUGDQFHZLWKSROLF\0 7DUJHW 5HVXOW 3HUIRUPDQFH
3ROLF\LVPHHWLQJLWVREMHFWLYHVRUDWSUHVHQWWKHUHLV QRLQIRUPDWLRQDYDLODEOHWRLQGLFDWHWKDWWKLVLVQRWWKHFDVH
3ROLF\FRQWH[W
7KH&6'03GRHVQRWPDNHVSHFLILFSURYLVLRQIRUFKDONH[WUDFWLRQDVLWLV FRQVLGHUHGWKDWWKHUHDUHPRUHWKDQVXIILFLHQWUHVHUYHVWRPHHWWKHORZ GHPDQGIRUFKDONRYHUWKHSODQSHULRG$FFRUGLQJO\SROLF\0UHTXLUHVDQ\ SURSRVDOVIRUH[WHQVLRQVWRH[LVWLQJFKDONH[WUDFWLRQVLWHVRUQHZFKDON H[WUDFWLRQVLWHVWRPHHWDSURYHQQHHGWKDWFDQQRWEHPHWE\H[LVWLQJ VLWHV
21
,QGLFDWRU
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
3ROLF\0+LVWRULF%XLOGLQJ6WRQH 3ODQREMHFWLYHDEFN6$REMHFWLYH ,QGLFDWRU3HUFHQWDJHRIUHOHYDQWSODQQLQJDSSOLFDWLRQVGHWHUPLQHGLQ DFFRUGDQFHZLWKSROLF\0 7DUJHW 5HVXOW 3HUIRUPDQFH
3ROLF\LVPHHWLQJLWVREMHFWLYHVRUDWSUHVHQWWKHUHLV QRLQIRUPDWLRQDYDLODEOHWRLQGLFDWHWKDWWKLVLVQRWWKHFDVH
2QHSODQQLQJDSSOLFDWLRQZDVDVVHVVHGDJDLQVWSROLF\0GXULQJWKH PRQLWRULQJSHULRG 3ODQQLQJDSSOLFDWLRQ3/IRUDVPDOOVFDOH H[WHQVLRQWR+H\GRXU4XDUU\$QFDVWHU FXELFPHWUHVRIOLPHVWRQH EXLOGLQJVWRQH ZDVJUDQWHGLQDFFRUGDQFHZLWKWKHSROLF\
22
3ROLF\06LOLFD6DQG 3ODQREMHFWLYHDEF6$REMHFWLYH ,QGLFDWRU3HUFHQWDJHRIUHOHYDQWSODQQLQJDSSOLFDWLRQVGHWHUPLQHGLQ DFFRUGDQFHZLWKSROLF\0 7DUJHW 5HVXOW1$ 3HUIRUPDQFH
3ROLF\LVPHHWLQJLWVREMHFWLYHVRUDWSUHVHQWWKHUHLV QRLQIRUPDWLRQDYDLODEOHWRLQGLFDWHWKDWWKLVLVQRWWKHFDVH
1RSODQQLQJDSSOLFDWLRQVZHUHDVVHVVHGDJDLQVWWKLVSROLF\GXULQJWKH PRQLWRULQJSHULRG QRSODQQLQJDSSOLFDWLRQVZHUHUHFHLYHGIRUVLOLFDVDQG H[WUDFWLRQ
3ROLF\0(QHUJ\0LQHUDOV 3ODQREMHFWLYHDF6$REMHFWLYH ,QGLFDWRU3HUFHQWDJHRIUHOHYDQWSODQQLQJDSSOLFDWLRQVGHWHUPLQHGLQ DFFRUGDQFHZLWKSROLF\0 7DUJHW 5HVXOW1$ 3HUIRUPDQFH
3ROLF\LVPHHWLQJLWVREMHFWLYHVRUDWSUHVHQWWKHUHLV QRLQIRUPDWLRQDYDLODEOHWRLQGLFDWHWKDWWKLVLVQRWWKHFDVH
1RSODQQLQJDSSOLFDWLRQVZHUHDVVHVVHGDJDLQVWWKLVSROLF\GXULQJWKH PRQLWRULQJSHULRG QRSODQQLQJDSSOLFDWLRQVZHUHUHFHLYHGIRUHQHUJ\ PLQHUDOV
23
3ROLF\08QGHUJURXQG*DV6WRUDJH 3ODQREMHFWLYHDF6$REMHFWLYH ,QGLFDWRU3HUFHQWDJHRIUHOHYDQWSODQQLQJDSSOLFDWLRQVGHWHUPLQHGLQ DFFRUGDQFHZLWKSROLF\0 7DUJHW 5HVXOW1$ 3HUIRUPDQFH
3ROLF\LVPHHWLQJLWVREMHFWLYHVRUDWSUHVHQWWKHUHLV QRLQIRUPDWLRQDYDLODEOHWRLQGLFDWHWKDWWKLVLVQRWWKHFDVH
1RSODQQLQJDSSOLFDWLRQVZHUHDVVHVVHGDJDLQVWWKLVSROLF\GXULQJWKH PRQLWRULQJSHULRG QRSODQQLQJDSSOLFDWLRQVZHUHUHFHLYHGIRU XQGHUJURXQGJDVVWRUDJH
3ROLF\06DIHJXDUGLQJRI0LQHUDO5HVRXUFHV
3ODQREMHFWLYHIN6$REMHFWLYH ,QGLFDWRU1XPEHURISODQQLQJDSSOLFDWLRQVWKDWDUHJUDQWHG SHUPLVVLRQZKHUHWKHFRXQW\FRXQFLOKDVH[SUHVVHGWKHYLHZWKDWWKH SURSRVDOVZRXOGEHFRQWUDU\WRSROLF\0 7DUJHW=HUR 5HVXOW 3HUIRUPDQFH 6RPHLVVXHVKDYHEHHQLGHQWLILHGEXWDWSUHVHQWWKHVHDUH QRWFRQVLGHUHGWRDIIHFWWKHSROLF\ VREMHFWLYHV
3ROLF\FRQWH[W
7KLVSROLF\DLPVWRVDIHJXDUGLPSRUWDQWPLQHUDOUHVRXUFHVIRUSRWHQWLDO IXWXUHXVHE\SUHYHQWLQJLQFRPSDWLEOHIRUPVRIGHYHORSPHQWVXFKDV KRXVLQJIURPVWHULOLVLQJWKHGHSRVLWV8QGHUWKHVDIHJXDUGLQJSURFHGXUH WKHGLVWULFWFRXQFLOVRI/LQFROQVKLUHZKLFKDUHWKHSODQQLQJDXWKRULWLHVIRU
24
PRVWIRUPVRIQRQPLQHUDOVZDVWHGHYHORSPHQWDUHUHTXLUHGWRFRQVXOW WKLVFRXQFLOZLWKUHVSHFWWRSODQQLQJDSSOLFDWLRQVIDOOLQJZLWKLQ0LQHUDO 5HVRXUFH6DIHJXDUGLQJ$UHDVRWKHUWKDQWKRVHH[HPSWHGE\WKHSROLF\ :KHUHDSSOLFDWLRQVDUHFDXJKWE\WKLVSROLF\WKH\VKRXOGEHDFFRPSDQLHG E\D0LQHUDOV5HVRXUFH$VVHVVPHQW 05$ VHH6HFWLRQRIWKH&6'03
,QGLFDWRU
'XULQJWKHPRQLWRULQJSHULRGWKHFRXQW\FRXQFLOUHVSRQGHGWRD WRWDORISODQQLQJDSSOLFDWLRQFRQVXOWDWLRQVIURPWKHGLVWULFWFRXQFLOV ZKHUHSURSRVDOVIHOOZLWKLQ0LQHUDO5HVRXUFH6DIHJXDUGLQJ$UHDV LQFOXGLQJRQHSUHDSSOLFDWLRQHQTXLU\ 7KHDFWXDOQXPEHURI FRQVXOWDWLRQVUHFHLYHGE\WKHFRXQW\FRXQFLOGXULQJZDVFRQVLGHUDEO\ KLJKHUWKDQWKLVKRZHYHUUHVSRQVHVZHUHQRWPDGHWRHYHU\VLQJOH FRQVXOWDWLRQUHFHLYHGGXHWR
D DODUJHQXPEHURISURSRVDOVIDOOLQJZLWKLQWKHH[HPSWLRQVWR3ROLFLHV 0DQG0DQG E OLPLWHGRIILFHUUHVRXUFHVDYDLODEOHWRUHVSRQGWRWKHODUJHQXPEHURI FRQVXOWDWLRQVGXHLQSDUWWRWKHSXEOLFH[DPLQDWLRQRIWKH6LWH /RFDWLRQVGRFXPHQWGXULQJ6SULQJ6XPPHU
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
25
7DEOH'LVWULFWFRXQFLOV UHDVRQVIRUJUDQWLQJSODQQLQJSHUPLVVLRQ FRQWUDU\WRWKHFRPPHQWVRIWKHFRXQW\FRXQFLOLQUHODWLRQWRPLQHUDOV VDIHJXDUGLQJ 3URSRVDOVXPPDU\ 5HDVRQIRUFRXQW\ 'LVWULFWUHVSRQVH FRXQFLOREMHFWLRQ 3ULRUDSSURYDOIRUD 1R05$SURYLGHG 5HTXLUHG 5HTXHVWIRUD05$E\WKH SURSRVHGFKDQJHRI IRUDOOQRQPLQHUDOV FRXQW\FRXQFLOQRWHGEXW XVHRIDJULFXOWXUDO GHYHORSPHQWZLWKLQ0LQHUDO VXFKDQDVVHVVPHQWFDQQRW EXLOGLQJWR 6DIHJXDUGLQJ$UHDVVXEMHFW EHUHTXLUHGXQGHU3DUW4 GZHOOLQJKRXVH 3DUW WR3ROLF\H[HPSWLRQV 0RUHRYHUWKHUHLVQR 4RI*3'2 SRWHQWLDOIRUPLQHUDO H[WUDFWLRQRQWKLVVLWH ZKLFKLVORFDWHGZLWKLQDQ H[LVWLQJIDUP\DUGDQGLQ FORVHSUR[LPLW\WRH[LVWLQJ GZHOOLQJV (UHFWLRQRIQR 1R05$SURYLGHG 5HTXLUHG &RQVLGHUHGLWZDVQRW UHVLGHQWLDOGZHOOLQJV IRUDOOQRQPLQHUDOV QHFHVVDU\WRUHTXLUHD05$ DQGDVVRFLDWHG GHYHORSPHQWZLWKLQ0LQHUDO WREHVXEPLWWHG0 LQIUDVWUXFWXUHVLWH 6DIHJXDUGLQJ$UHDVVXEMHFW DGYLVHVSODQQLQJ DFFHVVHVDQG WR3ROLF\H[HPSWLRQV SHUPLVVLRQZLOOEHJUDQWHG ODQGVFDSLQJ ZKHQDPRQJVWRWKHU WKLQJVWKHGHYHORSPHQWLV RUIRUPVSDUWRIDQ DOORFDWLRQLQWKH 'HYHORSPHQW3ODQ*LYHQ WKDWWKHVLWHLVDOORFDWHGLW ZRXOGEHXQUHDVRQDEOHWR UHIXVHSODQQLQJSHUPLVVLRQ RQWKLVEDVLV
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
26
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
27
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
28
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
3ROLF\06DIHJXDUGLQJRI([LVWLQJ0LQHUDO6LWHVDQG$VVRFLDWHG 0LQHUDOV,QIUDVWUXFWXUH
3ODQREMHFWLYHDIN6$REMHFWLYH ,QGLFDWRU1XPEHURISODQQLQJDSSOLFDWLRQVWKDWDUHJUDQWHGSHUPLVVLRQ ZKHUHWKHFRXQW\FRXQFLOKDVH[SUHVVHGWKHYLHZWKDWWKHSURSRVDOV ZRXOGEHFRQWUDU\WRSROLF\0 7DUJHW=HUR 5HVXOW=HUR 3HUIRUPDQFH
3ROLF\LVPHHWLQJLWVREMHFWLYHVRUDWSUHVHQWWKHUHLV QRLQIRUPDWLRQDYDLODEOHWRLQGLFDWHWKDWWKLVLVQRWWKHFDVH
29
3ROLF\&RQWH[W
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
,QGLFDWRU
'XULQJWKHPRQLWRULQJSHULRGWKHFRXQW\FRXQFLOUHVSRQGHGWRIRXU SODQQLQJDSSOLFDWLRQFRQVXOWDWLRQVIURPWKHGLVWULFWFRXQFLOVZKHUH SURSRVDOVIHOOZLWKLQWKHVLWHVSHFLILFVDIHJXDUGLQJDUHDVDVVRFLDWHGZLWK H[LVWLQJPLQHUDOVLWHV7KUHHRIWKHVHUHVSRQVHVZHUHLQFRQMXQFWLRQZLWK UHVSRQVHVDOVRPDGHLQUHODWLRQWRSROLF\0DQGRQHUHODWHGVROHO\WR SROLF\0
7KHFRXQW\FRXQFLOKDGQRRXWVWDQGLQJREMHFWLRQVDWWKHWLPHWKHUHOHYDQW SODQQLQJDSSOLFDWLRQVZHUHVXEVHTXHQWO\GHWHUPLQHGE\WKHGLVWULFW FRXQFLOVDQGDVVXFKQRQHRIWKHSURSRVDOVZHUHJUDQWHGSHUPLVVLRQ FRQWUDU\WRWKHFRXQW\FRXQFLO VDGYLFHLQUHODWLRQWRSROLF\0
3ROLF\0$VVRFLDWHG,QGXVWULDO'HYHORSPHQW
3ODQREMHFWLYHD6$REMHFWLYH
,QGLFDWRU3HUFHQWDJHRIUHOHYDQWSODQQLQJDSSOLFDWLRQVGHWHUPLQHGLQ DFFRUGDQFHZLWKSROLF\0
7DUJHW
5HVXOW
3HUIRUPDQFH
6RPHLVVXHVKDYHEHHQLGHQWLILHGEXWDWSUHVHQWWKHVHDUH QRWFRQVLGHUHGWRDIIHFWWKHSROLF\ VREMHFWLYHV
30
3ROLF\&RQWH[W
7KLVSROLF\GHDOVZLWKSODQQLQJDSSOLFDWLRQVIRULQGXVWULDOGHYHORSPHQW ZLWKLQRULQSUR[LPLW\WRPLQHUDOVLWHV7RFRPSO\ZLWKWKHSROLF\WKH GHYHORSPHQWPXVWDVDVWDUWLQJSRLQWKDYHFORVHOLQNVZLWKWKHPLQHUDOV GHYHORSPHQW
,QGLFDWRU
7KUHHSODQQLQJDSSOLFDWLRQVZHUHDVVHVVHGDJDLQVWSROLF\0GXULQJWKH PRQLWRULQJSHULRG2QHRIWKHVHDSSOLFDWLRQVZDVJUDQWHGLQDFFRUGDQFH ZLWKWKHSROLF\EXWWZRDSSOLFDWLRQVZHUHJUDQWHGZKLOVWQRWEHLQJLQIXOO FRPSOLDQFHZLWKWKHSROLF\DVVHWRXWEHORZ
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
$SSOLFDWLRQ3/FRPSULVHGDZRUNVKRSIRUVWHHOIDEULFDWLRQ ZHOGLQJDQGPDLQWHQDQFHRI+*9VDW:HVW'HHSLQJ4XDUU\7KLV DSSOLFDWLRQVRXJKWDQDGGLWLRQDOZRUNVKRSEXLOGLQJWREHXVHGLQ DVVRFLDWLRQZLWKH[LVWLQJSHUPLWWHGXVHVDW:HVW'HHSLQJ4XDUU\SODQWVLWH UHODWLQJWRWKHPDLQWHQDQFHDQGVWRUDJHRIPRELOHSODQWXVHGLQ FRQQHFWLRQZLWKWKHPLQLQJRSHUDWLRQV DQGDOVRDVDVHUYLFHFHQWUHIRU %UHHGRQ$JJUHJDWH(QJODQG V/LQFROQVKLUHZLGHWUXFNIOHHW
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
31
EXLOGLQJDQGDGGLWLRQDOXVHFRXOGQRWEHUHWDLQHGRUFRQWLQXHDVD SHUPDQHQWXVHRQFHWKHPLQHUDORSHUDWLRQVFHDVH,WZDVFRQVLGHUHGWKDW VXFKDFRQGLWLRQZRXOGHQVXUHWKDWWKHGHYHORSPHQWZRXOGQRW FRPSURPLVHWKHREMHFWLYHVRISROLF\0
%RWKRIWKHDERYHSODQQLQJDSSOLFDWLRQVUHODWHGWRXVHVZKLFKZHUHQRW FRQVLGHUHGWREHFORVHO\OLQNHGWRWKHPLQHUDOGHYHORSPHQWVWKDWWKH\ DIIHFWHGKRZHYHULQERWKFDVHVSODQQLQJRIILFHUVFRQVLGHUHGWKDWZKLOVW WKHSURSRVDOVGLGQRWIXOO\PHHWFULWHULDODLGRXWLQSROLF\0WKH\ZRXOG QRWKDYHDQDGYHUVHLPSDFWXSRQWKHZLGHUDUHDRUDPHQLW\RIQHDUE\ ODQGXVHVDQGZRXOGRQO\EHUHWDLQHGDQGRSHUDWLRQDOGXULQJWKHOLIHWLPH RIWKHTXDUULHV
7KHDERYHRXWFRPHVFRXSOHGZLWKWKHVLPLODULQWHUSUHWDWLRQVGLVFXVVHGLQ WKH$05VXJJHVWWKDWWKHDLPVRISROLF\0FRXOGEHVHHQWREH WRRVWULFWZKHQFRQVLGHULQJWKHDSSURDFKEHLQJWDNHQE\SODQQLQJRIILFHUV $OWKRXJKWKHUHKDYHRQO\EHHQDOLPLWHGQXPEHURIDSSOLFDWLRQVRQZKLFK WRDVVHVVWKHSHUIRUPDQFHRIWKLVSROLF\GXULQJWKHPRQWKVVLQFHWKH &6'03ZDVDGRSWHGLIWKLVWUHQGFRQWLQXHVFRQVLGHUDWLRQZLOOQHHGWREH JLYHQDVWRZKHWKHUWKLVSROLF\QHHGVWREHUHYLHZHG
3ROLF\0,UULJDWLRQ5HVHUYRLUV
3ODQREMHFWLYHD6$REMHFWLYH ,QGLFDWRU3HUFHQWDJHRIUHOHYDQWSODQQLQJDSSOLFDWLRQVGHWHUPLQHGLQ DFFRUGDQFHZLWKSROLF\0 7DUJHW 5HVXOW1$ 3HUIRUPDQFH
3ROLF\LVPHHWLQJLWVREMHFWLYHVRUDWSUHVHQWWKHUHLV QRLQIRUPDWLRQDYDLODEOHWRLQGLFDWHWKDWWKLVLVQRWWKHFDVH
1RSODQQLQJDSSOLFDWLRQVZHUHDVVHVVHGDJDLQVWWKLVSROLF\GXULQJWKH PRQLWRULQJSHULRG QRSODQQLQJDSSOLFDWLRQVZHUHUHFHLYHGIRULUULJDWLRQ UHVHUYRLUV
32
3ROLF\0%RUURZ3LWV
3ODQREMHFWLYHDF6$REMHFWLYH ,QGLFDWRU3HUFHQWDJHRIUHOHYDQWSODQQLQJDSSOLFDWLRQVGHWHUPLQHGLQ DFFRUGDQFHZLWKSROLF\0 7DUJHW 5HVXOW1$ 3HUIRUPDQFH
3ROLF\LVPHHWLQJLWVREMHFWLYHVRUDWSUHVHQWWKHUHLV QRLQIRUPDWLRQDYDLODEOHWRLQGLFDWHWKDWWKLVLVQRWWKHFDVH
1RSODQQLQJDSSOLFDWLRQVZHUHDVVHVVHGDJDLQVWWKLVSROLF\GXULQJWKH PRQLWRULQJSHULRG QRSODQQLQJDSSOLFDWLRQVZHUHUHFHLYHGIRUERUURZ SLWV
3ROLF\:)XWXUH5HTXLUHPHQWVIRU1HZ:DVWH)DFLOLWLHV
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
3ROLF\LVPHHWLQJLWVREMHFWLYHVRUDWSUHVHQWWKHUHLV QRLQIRUPDWLRQDYDLODEOHWRLQGLFDWHWKDWWKLVLVQRWWKHFDVH
33
,QGLFDWRU$OORFDWLRQRIVLWHVWRPHHWWKHFDSDFLW\JDSVLGHQWLILHG LQWDEOH>RIWKH&6'03@H[FHSWIRULQHUWODQGILOODQGKD]DUGRXV ODQGILOO
7KH6/'ZDVDGRSWHGRQ'HFHPEHU3ROLF\6/RIWKHDGRSWHG 6/'DOORFDWHVODQGIRUZDVWHGHYHORSPHQWFRPSULVLQJVSHFLILFZDVWH VLWH DQGSUHIHUUHG DUHDV IRUZDVWHGHYHORSPHQW7KHSUHIHUUHGDUHDV EDVHGXSRQLQGXVWULDOHVWDWHVDUHPDGHXSRIQXPHURXVSORWVRIODQG H[WHQGLQJWRRYHUKHFWDUHV KDYDFDQWDWWKHWLPHRIDVVHVVPHQW LQ ZHOOLQH[FHVVRIWKHDUHDQHHGHGWRPHHWWKHFDSDFLW\JDSV LGHQWLILHGLQWDEOHRIWKH&6'037KLVDSSURDFKWKHUHIRUHSURYLGHV IOH[LELOLW\VKRXOGWKHQHHGIRUQHZZDVWHPDQDJHPHQWIDFLOLWLHVH[FHHGWKH IRUHFDVWVLQWKH&6'03
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
,QGLFDWRU5HYLHZRIFDSDFLW\JDSV
7KH&6'03VHWVRXWWKHEDVHOLQHFDSDFLW\JDSVIRUWKHSODQSHULRGWR DVLOOXVWUDWHGLQWDEOH7KLVVXPPDULVHVWKHSUHGLFWHGFDSDFLW\ JDSVDWWKUHHLQWHUYDOVFRUUHVSRQGLQJWRNH\SRLQWVLQDFKLHYLQJWKH DVVXPHGUHF\FOLQJDQGODQGILOOGLYHUVLRQSHUIRUPDQFHUDWHV7KHQHJDWLYH ILJXUHVLGHQWLI\FDSDFLW\VXUSOXVHV
7KHFDSDFLW\JDSVVHWRXWLQWKH&6'03ZHUHEDVHGRQWKHFRQFOXVLRQVRI WKH-XO\:DVWH1HHGV$VVHVVPHQW :1$ DQGDVVRFLDWHGDGGHQGXP SDSHUV & 'UHF\FOLQJUHTXLUHPHQWV0D\DQGLQHUWODQGILOO UHTXLUHPHQWV2FWREHU
34
7DEOH&6'03IRUHFDVWFDSDFLW\JDSVE\IDFLOLW\W\SH DQG±JURZWKZLWKPHGLDQUHF\FOLQJVFHQDULR LQGLFDWHVD FDSDFLW\VXUSOXV
Function Wastes Gap 2014 Gap 2020 Gap 2025 Gap 2031 Mixed waste LACW / C&I / 74,743 117,752 144,411 172,273 recycling Agric. Specialised LACW / C&I / -334,205 -333,447 -332,796 -332,126 recycling Agric. Composting LACW / C&I -412,290 -439,901 -435,565 -431,033 Treatment LACW / C&I / -123,727 -158,190 -175,059 -193,329 plant Agric. Energy LACW / C&I 37,988 131,663 158,256 186,153 recovery Specialised Mainly Haz. / 22,682 23,296 23,823 24,364 incineration Agric. Aggregates CD&E -411,410 -114,242 -20,974 157,099 recycling Non-hazardous LACW / C&I / -36,452 -66,990 -90,724 -115,860 landfill Agric. Inert landfill Mainly CD&E -11,938 50,875 137,635 148,557 but other non-haz. Hazardous Hazardous 21,685 22,477 23,127 23,796 landfill >$OOILJXUHVLQWRQQHV URXQGHG @ 6RXUFH/LQFROQVKLUH:DVWH1HHGV$VVHVVPHQW0RGHO
7RLQIRUPWKHVXEPLVVLRQDQGH[DPLQDWLRQRIWKH6LWH/RFDWLRQV GRFXPHQWGXULQJWKHPRQLWRULQJSHULRGD:DVWH1HHGV$VVHVVPHQW 8SGDWHZDVSXEOLVKHGLQ0D\LQRUGHUWRWDNHLQWRDFFRXQWPRUH UHFHQWGDWDGXHWRWKHSDVVDJHRIWLPHVLQFHWKHRULJLQDO:1$ZDV SURGXFHG7KH:DVWH1HHGV$VVHVVPHQW8SGDWHDOVRWRRNLQWR DFFRXQWSODQQLQJSHUPLVVLRQVJUDQWHGIRUQHZZDVWHPDQDJHPHQW FDSDFLW\XSWRWKHHQGRI7KHRXWFRPHRIWKLV:DVWH1HHGV $VVHVVPHQW8SGDWHUHVXOWHGLQVRPHFKDQJHVWRWKHIRUHFDVWFDSDFLW\ JDSVRYHUWKHSODQSHULRGDVVHWRXWLQ7DEOH
35
7DEOH8SGDWHGIRUHFDVWFDSDFLW\JDSVE\IDFLOLW\W\SH DQG±JURZWKZLWKPHGLDQUHF\FOLQJVFHQDULR LQGLFDWHVD FDSDFLW\VXUSOXV
Function Wastes Gap 2015 Gap 2020 Gap 2025 Gap 2031 Mixed waste LACW / C&I / 114,483 201,904 233,282 266,504 recycling Agric. Specialised LACW / C&I / -347,034 -345,690 -344,679 -343,623 recycling Agric. Composting LACW / C&I -366,755 -357,146 -352,910 -348,124 Treatment LACW / C&I / -125,452 -301,615 -305,761 -310,495 plant Agric. Energy recovery LACW / C&I -5226 93,564 101,604 110,811 Specialised Mainly Haz. / 36220 36,177 36,195 36,214 incineration Agric. Aggregates CD&E -65,995 -52,514 13,759 84,356 recycling Non-hazardous LACW / C&I / -105,321 -70,290 -100,346 -132,100 landfill Agric. Inert landfill Mainly CD&E but other -97,654 25,792 34,178 42,863 non-haz. Hazardous Hazardous 9,496 9,631 9,769 9,912 landfill >$OOILJXUHVLQWRQQHV URXQGHG @ 6RXUFH/LQFROQVKLUH:DVWH1HHGV$VVHVVPHQW8SGDWH
$VWDEOHLOOXVWUDWHVWKH:DVWH1HHGV$VVHVVPHQW8SGDWHOHGWRD QXPEHURIIOXFWXDWLRQVLQIRUHFDVWFDSDFLW\JDSVLQFOXGLQJIRUH[DPSOH VRPHJURZWKLQWKHQHHGIRU0L[HG:DVWH5HF\FOLQJDQGDUHGXFWLRQLQ WKHUHTXLUHPHQWIRU(QHUJ\5HFRYHU\DQG&' (UHF\FOLQJ'XULQJWKH H[DPLQDWLRQRIWKH6/'LWZDVFRQFOXGHGWKDWPRUHWKDQVXIILFLHQWODQG ZDVSURSRVHGWREHDOORFDWHGWRDFFRPPRGDWHWKHVHFKDQJHVWRWKH SURMHFWHGGHPDQGIRUZDVWHIDFLOLWLHVRYHUWKHSODQSHULRGWR
7KH:DVWH1HHGV$VVHVVPHQW8SGDWHDOVRVXSSRUWHGWKHFRXQFLO V SRVLWLRQDVVHWRXWLQ3DUDDQGRIWKHDGRSWHG&6'03ZLWK UHVSHFWWRQRWDOORFDWLQJIRUDGGLWLRQDOLQHUWODQGILOOFDSDFLW\JLYHQWKH VLJQLILFDQWUHGXFWLRQLQWKHQRWLRQDOFDSDFLW\JDSIRULQHUWODQGILOO
7RLQIRUPWKLV0RQLWRULQJ5HSRUWSODQQLQJDSSOLFDWLRQGDWD IRUWKHSHULRG FRYHULQJ-DQXDU\WR'HFHPEHU(QYLURQPHQW$JHQF\GDWD DQGDGGLWLRQDOVLWHVSHFLILFLQIRUPDWLRQKDVEHHQGUDZQWRJHWKHUVRWKDW WKHPRVWXSWRGDWHVLWHFDSDFLW\DVVHVVPHQWLVXVHGLQDVVHVVLQJWKLV PRQLWRULQJLQGLFDWRU
'XULQJWKHPRQLWRULQJSHULRGZDVWHUHODWHGSODQQLQJDSSOLFDWLRQV ZHUHGHWHUPLQHGE\WKHFRXQW\FRXQFLO VHH$SSHQGL[ 7KHPDMRULW\RI
36
WKHVHSODQQLQJDSSOLFDWLRQVFRPSULVHGDQFLOODU\ZRUNVDQG DPHQGPHQWVDGGLWLRQVWRH[LVWLQJZDVWHIDFLOLWLHVDQGGLGQRWOHDGWRDQ\ LQFUHDVHVLQRYHUDOOZDVWHPDQDJHPHQWFDSDFLW\7KHVPDOOQXPEHURI SURSRVDOVJUDQWHGSODQQLQJSHUPLVVLRQWKDWGLGLQFUHDVH/LQFROQVKLUH V ZDVWHPDQDJHPHQWFDSDFLW\DUHOLVWHGLQWDEOHEHORZ
7DEOH$GGLWLRQDOZDVWHFDSDFLW\JUDQWHG-DQXDU\WR'HFHPEHU
Annual Waste App Ref. Location Proposal Function Capacity (tonnes) / End Date PL/0125/17 Nursery To erect a building for the repair Specialised Not specified Road, or dismantlement of vehicles Recycling Boston, PE21 7TN PL/0071/17 Holdingham Change of use from agri-based Treatment 34,300 Biogas, anaerobic digestion facility to Plant Holdingham, commercial anaerobic digestion Sleaford, facility NG34 8YH
7KHSODQQLQJSHUPLVVLRQVOLVWHGLQWDEOHH[FOXGHQHZZDVWHWUDQVIHU FDSDFLW\ZKLFKZKLOVWDQHVVHQWLDOHOHPHQWRIWKHZDVWHPDQDJHPHQW QHWZRUNGRHVQRWDFWLYHO\FRQWULEXWHWRUHF\FOLQJUHFRYHU\RUGLVSRVDO FDSDFLW\)RUVLPSOLFLW\WKHWDEOHDOVRH[FOXGHVWKHIROORZLQJSHUPLVVLRQV
x 3/IRUD RQHRII VPDOOVFDOHVRLOUHSURILOLQJRSHUDWLRQ WRQQHV DW)HQWRQDVLWGLGQRWSURYLGHDQRQJRLQJZDVWH PDQDJHPHQWFDSDFLW\ x 3/IRUDQH[WHQVLRQRIWLPHIRULQHUWUHF\FOLQJDQGODQGILOOLQJ DFWLYLWLHVDW+DUPVWRQ4XDUU\WRHQVXUHILQDOUHVWRUDWLRQDVWKLVLVRQO\ IRUDVKRUWWHUPSHULRGDQGWKHPHGLXPWRORQJWHUPUHTXLUHPHQWV RYHUWKHSODQSHULRGZRXOGUHPDLQWKHVDPH x 3/IRUVKRUWWHUPLPSRUWDWLRQDQGODQGILOORIDVPDOOTXDQWLW\ WRQQHVSHUDQQXP RILQHUWZDVWHWRDLGILQDOUHVWRUDWLRQDW .HQZLFN4XDUU\/DQGILOODVWKLVZRXOGQRWDIIHFWWKHPHGLXPWRORQJ WHUPUHTXLUHPHQWVRYHUWKHSODQSHULRG
,QDGGLWLRQWRWKHQHZO\FRQVHQWHGZDVWHPDQDJHPHQWFDSDFLW\DQ DVVHVVPHQWRIWKHRSHUDWLRQDOVWDWXVRIZDVWHVLWHVZDVFDUULHGRXWWR GHWHUPLQHZKDWJDLQVDQGORVVHVLQFDSDFLW\KDGRFFXUUHGRYHUWKH PRQLWRULQJSHULRG7DEOHEHORZVHWVRXWWKHVLWHVWKDWDUHFRQVLGHUHGWR KDYHEHHQORVWIURPWKHFRXQW\ VZDVWHPDQDJHPHQWFDSDFLW\IRU H[DPSOHWKURXJKUHGHYHORSPHQWQRQLPSOHPHQWDWLRQRUVLWHFRPSOHWLRQ ZKHUHQRWDOUHDG\DFFRXQWHGIRUE\WKH:DVWH1HHGV$VVHVVPHQW 8SGDWH
37
7DEOH:DVWHPDQDJHPHQWFDSDFLW\LGHQWLILHGDVORVWEHWZHHQ -DQXDU\DQG'HFHPEHU
Site No. Site details Function Site capacity Postcode Easting Northing Hambleton Brothers Specialised 149 LN7 6RX 511188 402371 120 Recycling
7DEOHH[FOXGHVZDVWHWUDQVIHUVLWHVIRUWKHVDPHUHDVRQVRXWOLQHG SUHYLRXVO\DORQJZLWKDQ\VLWHVZLWKHQGGDWHVRUFKDQJHVLQFDSDFLW\WKDW ZHUHDOUHDG\DFFRXQWHGIRULQWKH:DVWH1HHGV$VVHVVPHQWXSGDWH
7KHZDVWHVLWHOLVWLQ$SSHQGL[SURYLGHVDQXSWRGDWHOLVWRIH[LVWLQJ ZDVWHPDQDJHPHQWIDFLOLWLHVZLWKLQWKHFRXQW\LQFOXGLQJZDVWHWUDQVIHU IDFLOLWLHVDQGKDVEHHQXSGDWHGIURPWKHSUHYLRXV0RQLWRULQJ5HSRUW LQRUGHUWRDFFRXQWIRUWKH:DVWH1HHGV$VVHVVPHQW8SGDWHDQGWR UHIOHFWWKHJDLQVDQGORVVHVLQZDVWHPDQDJHPHQWIDFLOLWLHVGXULQJWKH PRQLWRULQJSHULRG
7KHQHWFKDQJHVLQZDVWHPDQDJHPHQWFDSDFLW\GUDZQIURPWKH LQIRUPDWLRQLQWDEOHVDQGDUHVHWRXWLQWDEOH7KLVWDEOHDOVRVHWV RXWKRZWKHQHZZDVWHPDQDJHPHQWFDSDFLW\ZLOODIIHFWWKHSURMHFWHG ZDVWHFDSDFLW\JDSVVHWRXWLQWKH:DVWH1HHGV$VVHVVPHQW8SGDWH 7DEOH
7DEOH1HWFKDQJHVLQZDVWHPDQDJHPHQWFDSDFLW\DQGWKHHIIHFWRQ WKHZDVWHPDQDJHPHQWFDSDFLW\JDSSURMHFWLRQV LQGLFDWHVDVXUSOXVRI FDSDFLW\5HG ORVVRIFDSDFLW\GXULQJPRQLWRULQJSHULRG
Function Gap 2015 Net Capacity Gap 2020 Gap 2025 Gap 2031 Change (Jan 17 – Dec 17) Mixed waste 114,483 0 201,904 233,282 266,504 recycling Specialised -347,034 149 -345,541 -344,530 -343,474 recycling Composting -366,755 0 -357,146 -352,910 -348,124 Treatment -125,452 34,300 -335,915 -340,061 -344,795 plant Energy -5226 0 93,564 101,604 110,811 recovery Specialised 36220 0 36,177 36,195 36,214 incineration Aggregates -65,995 0 -52,514 13,759 84,356 recycling Non- -105,321 0 -70,290 -100,346 -132,100 hazardous landfill Inert landfill -97,654 0 25,792 34,178 42,863 Hazardous 9,496 0 9,631 9,769 9,912 landfill
38
&RPSDULQJWKHZDVWHPDQDJHPHQWFDSDFLW\JDSVLQWDEOHVDQGJLYHV DQLQGLFDWLRQRIKRZZDVWHPDQDJHPHQWFDSDFLW\LVEHLQJGHOLYHUHGWR PHHWWKHSUHGLFWHGQHHGVRIWKH&RXQW\*LYHQWKHYHU\VPDOOQXPEHURI SODQQLQJSHUPLVVLRQVJUDQWHGIRUDGGLWLRQDOZDVWHPDQDJHPHQWFDSDFLW\ DQGVLWHVORVWGXULQJWKHPRQLWRULQJSHULRGWKHUHKDVEHHQYHU\OLWWOH FKDQJHWRWKHFDSDFLW\JDSVIRUWKHSODQSHULRG
)RUWKHPDMRULW\RIZDVWHPDQDJHPHQWIXQFWLRQVWKHUHDUHQRFKDQJHVWR WKHFDSDFLW\JDSV7KHUHZDVDYHU\VPDOOUHGXFWLRQLQFDSDFLW\IRU VSHFLDOLVHGUHF\FOLQJEXWWKLVKDVPDGHDQHJOLJLEOHGLIIHUHQFHWRWKH VXEVWDQWLDOVXUSOXVRIFDSDFLW\RYHUWKHSODQSHULRGDQGGRHVQ¶WDFFRXQW IRUWKHDGGLWLRQDOFDSDFLW\SURYLGHGE\SHUPLVVLRQ3/ IRUZKLFK WKURXJKSXWILJXUHVZHUHQRWVSHFLILHG
'HVSLWHWKHVLJQLILFDQWVXUSOXVRI WUHDWPHQWSODQW FDSDFLW\WKURXJKRXWWKH SODQSHULRGIXUWKHUFDSDFLW\ZDVGHOLYHUHGGXULQJWKHPRQLWRULQJSHULRG $VGLVFXVVHGLQWKH0RQLWRULQJ5HSRUWWKLVJURZWKLVFRQVLGHUHGWR EHDWWULEXWDEOHWRWKHHPHUJLQJQHZWHFKQRORJ\LQ$QDHURELF'LJHVWLRQ SODQWVZKLFKKDYHUHVXOWHGLQVLJQLILFDQWYROXPHVRIDJULFXOWXUDOZDVWH HQWHULQJWKHPDQDJHGZDVWHVWUHDP
)RUWKRVHZDVWHPDQDJHPHQWIXQFWLRQVZKHUHFDSDFLW\JDSVUHPDLQRU ZLOOGHYHORSODWHULQWKHSODQSHULRGLWLVFRQVLGHUHGWKDWWKHSROLFLHVDQG DOORFDWLRQVVHWRXWLQWKHDGRSWHG&6'03DQG6/'SURYLGHVXIILFLHQW IOH[LELOLW\WRHQDEOHWKHQHFHVVDU\IDFLOLWLHVWRFRPHIRUZDUGWRPHHWWKH FDSDFLW\JDSVVXEMHFWWRPDUNHWIRUFHV7RWKLVHQGQRLVVXHVKDYHEHHQ LGHQWLILHGZLWKWKHSHUIRUPDQFHRIWKHUHOHYDQWSROLFLHVZLWKLQWKLVUHSRUW
)RULQHUWODQGILOOWKHFRXQFLOPDLQWDLQVWKHSRVLWLRQWKDW
D WKHUHLVDUHFRJQLVHGVXUSOXVLQQRQKD]DUGRXVODQGILOOWKURXJKRXW WKHSODQSHULRGWKDWFRXOGEHXVHGIRULQHUWODQGILOO LQWKLVUHVSHFW LWVKRXOGEHQRWHGWKDWWKHFDSDFLW\ILJXUHVSURYLGHGIRUODQGILOOLQ WKH:1$8SGDWHDUHEDVHGXSRQGHFOLQLQJDQQXDOWKURXJKSXW ILJXUHVWKDWGRQRWDFFXUDWHO\UHSUHVHQWWKHDYDLODEOHFDSDFLW\ ZLWKLQWKHFRXQW\ E DQXPEHURIH[LVWLQJLQHUWZDVWHODQGILOOVLWHVKDYHHQGGDWHV H[WHQGLQJEH\RQGWKHSODQSHULRGZLWKQRSODQQLQJUHVWULFWLRQVRQ WKHUDWHRILQILOOLQJVRWKHUDWHVFRXOGEHLQFUHDVHGWRPHHWGHPDQG DQGUHGXFHWKHLGHQWLILHGFDSDFLW\JDSDQG F WKHUHLVWKHSRWHQWLDOIRU& 'UHF\FOLQJUDWHVWRLQFUHDVHRYHUWKH SODQSHULRGEH\RQGWKRVHSODQQHGIRULQWKH:DVWH1HHGV $VVHVVPHQWDQGLQVXFKFLUFXPVWDQFHVWKLVZRXOGOHDGWRDQ DVVRFLDWHGUHGXFWLRQLQLQHUWZDVWHODQGILOOUHTXLUHPHQWV
39
3ROLF\:/RZ/HYHO1RQ1XFOHDU5DGLRDFWLYH:DVWH
3ODQREMHFWLYHDH6$REMHFWLYH ,QGLFDWRU3HUFHQWDJHRIUHOHYDQWSODQQLQJDSSOLFDWLRQVGHWHUPLQHGLQ DFFRUGDQFHZLWKSROLF\: 7DUJHW 5HVXOW1?$ 3HUIRUPDQFH
3ROLF\LVPHHWLQJLWVREMHFWLYHVRUDWSUHVHQWWKHUHLV QRLQIRUPDWLRQDYDLODEOHWRLQGLFDWHWKDWWKLVLVQRWWKHFDVH
1RSODQQLQJDSSOLFDWLRQVZHUHDVVHVVHGDJDLQVWWKLVSROLF\GXULQJWKH PRQLWRULQJSHULRG QRSODQQLQJDSSOLFDWLRQVZHUHUHFHLYHGIRU/RZ/HYHO 1RQ1XFOHDU5DGLRDFWLYH:DVWH
3ROLF\:6SDWLDO6WUDWHJ\IRU1HZ:DVWH)DFLOLWLHV
3ODQREMHFWLYHDH6$REMHFWLYH ,QGLFDWRU3HUFHQWDJHRIUHOHYDQWDSSOLFDWLRQVGHWHUPLQHGLQDFFRUGDQFH ZLWK3ROLF\: 7DUJHW 5HVXOW 3HUIRUPDQFH
3ROLF\LVPHHWLQJLWVREMHFWLYHVRUDWSUHVHQWWKHUHLV QRLQIRUPDWLRQDYDLODEOHWRLQGLFDWHWKDWWKLVLVQRWWKHFDVH
3ROLF\:ZDVFLWHGLQUHOHYDQWSODQQLQJDSSOLFDWLRQVGXULQJWKH PRQLWRULQJSHULRG$OORIWKHVHDSSOLFDWLRQVZHUHJUDQWHGLQDFFRUGDQFH ZLWKWKHSROLF\
40
3ROLF\:/RFDWLRQDO&ULWHULDIRU1HZ:DVWH)DFLOLWLHVLQDQGDURXQG PDLQXUEDQDUHDV
3ODQREMHFWLYHDH6$REMHFWLYH ,QGLFDWRU3HUFHQWDJHRIUHOHYDQWDSSOLFDWLRQVGHWHUPLQHGLQDFFRUGDQFH ZLWKSROLF\: 7DUJHW 5HVXOW 3HUIRUPDQFH
3ROLF\LVPHHWLQJLWVREMHFWLYHVRUDWSUHVHQWWKHUHLV QRLQIRUPDWLRQDYDLODEOHWRLQGLFDWHWKDWWKLVLVQRWWKHFDVH
3ROLF\:ZDVFLWHGLQQLQHUHOHYDQWSODQQLQJDSSOLFDWLRQVGXULQJWKH PRQLWRULQJSHULRG $OORIWKHVHDSSOLFDWLRQVZHUHJUDQWHGLQDFFRUGDQFH ZLWKWKHSROLF\
3ROLF\:%LRORJLFDO7UHDWPHQWRI:DVWH,QFOXGLQJ$QDHURELF'LJHVWLRQ DQG2SHQ$LU&RPSRVWLQJ
3ODQREMHFWLYHDH6$REMHFWLYH ,QGLFDWRU3HUFHQWDJHRIUHOHYDQWDSSOLFDWLRQVGHWHUPLQHGLQDFFRUGDQFH ZLWKSROLF\: 7DUJHW 5HVXOW 3HUIRUPDQFH
3ROLF\LVPHHWLQJLWVREMHFWLYHVRUDWSUHVHQWWKHUHLV QRLQIRUPDWLRQDYDLODEOHWRLQGLFDWHWKDWWKLVLVQRWWKHFDVH
2QHSODQQLQJDSSOLFDWLRQZDVDVVHVVHGDJDLQVWSROLF\:GXULQJWKH PRQLWRULQJSHULRGDQGZDVJUDQWHGLQDFFRUGDQFHZLWKWKHSROLF\
41
3ROLF\:/DQGILOO
3ODQREMHFWLYHDH6$REMHFWLYH ,QGLFDWRU3HUFHQWDJHRIUHOHYDQWDSSOLFDWLRQVGHWHUPLQHGLQDFFRUGDQFH ZLWKSROLF\: 7DUJHW 5HVXOW
3HUIRUPDQFH
3ROLF\LVPHHWLQJLWVREMHFWLYHVRUDWSUHVHQWWKHUHLV QRLQIRUPDWLRQDYDLODEOHWRLQGLFDWHWKDWWKLVLVQRWWKHFDVH
3ROLF\&RQWH[W
3ROLF\:VHWVRXWDVWULFWDSSURDFKWRODQGILOORQO\DOORZLQJSODQQLQJ SHUPLVVLRQWREHJUDQWHGZKHUHVHYHUDOFULWHULDDUHPHWLQFOXGLQJ GHPRQVWUDWLQJWKDWFXUUHQWFDSDFLW\ZLWKLQWKHFRXQW\LVLQVXIILFLHQWWKDW WKHUHZRXOGEHORQJWHUPODQGVFDSHLPSURYHPHQWVWKHUHZRXOGEHQR VLJQLILFDQWGHOD\WRUHVWRUDWLRQRIH[LVWLQJZDVWHGLVSRVDOVLWHVDQGDOO RWKHUUHOHYDQWSROLFLHVLQWKHSODQDUHPHW
,QGLFDWRU
7ZRSODQQLQJDSSOLFDWLRQVZHUHDVVHVVHGDJDLQVWSROLF\:GXULQJWKH PRQLWRULQJSHULRG%RWKDSSOLFDWLRQVZHUHJUDQWHGLQDFFRUGDQFHZLWKWKH SROLF\
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
42
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
,QERWKRIWKHDERYHFDVHVVRPHRIWKHUHTXLUHPHQWVRISROLF\:ZHUH QRWWKHUHIRUHPHWKRZHYHUJLYHQWKHVSHFLILFVRIHDFKFDVHLWZDV FRQVLGHUHGWKDWWKHSURSRVDOVZRXOGQRWXQGHUPLQHWKHRYHUDOOREMHFWLYHV RIWKHSROLF\DQGZHUHWKHUHIRUHJUDQWHGLQDFFRUGDQFH$VVXFKWKHUHLV QRHYLGHQFHWRVXJJHVWDQ\LVVXHVZLWKWKHLPSOHPHQWDWLRQRISROLF\:DW WKLVWLPH
3ROLF\:6PDOO6FDOH:DVWH)DFLOLWLHV
3ODQREMHFWLYHDH6$REMHFWLYH ,QGLFDWRU3HUFHQWDJHRIUHOHYDQWDSSOLFDWLRQVGHWHUPLQHGLQ DFFRUGDQFHZLWKSROLF\: 7DUJHW 5HVXOW 3HUIRUPDQFH
3ROLF\LVPHHWLQJLWVREMHFWLYHVRUDWSUHVHQWWKHUHLV QRLQIRUPDWLRQDYDLODEOHWRLQGLFDWHWKDWWKLVLVQRWWKHFDVH
7ZRSODQQLQJDSSOLFDWLRQVZHUHDVVHVVHGDJDLQVW3ROLF\:GXULQJWKH PRQLWRULQJSHULRG%RWKDSSOLFDWLRQVZHUHJUDQWHGLQDFFRUGDQFHZLWKWKH SROLF\
43
3ROLF\:6DIHJXDUGLQJ:DVWH0DQDJHPHQW6LWHV
3ODQREMHFWLYHD6$REMHFWLYH ,QGLFDWRU1XPEHURISODQQLQJDSSOLFDWLRQVJUDQWHGSODQQLQJ SHUPLVVLRQZKHUHWKHFRXQW\FRXQFLOKDVH[SUHVVHGWKHYLHZWKDWWKH SURSRVDOVZRXOGEHFRQWUDU\WRSROLF\: 7DUJHW=HUR 5HVXOW=HUR 3HUIRUPDQFH
3ROLF\LVPHHWLQJLWVREMHFWLYHVRUDWSUHVHQWWKHUHLV QRLQIRUPDWLRQDYDLODEOHWRLQGLFDWHWKDWWKLVLVQRWWKHFDVH
3ROLF\&RQWH[W
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
7KHGLVWULFWFRXQFLOVKDYHWKHUHIRUHEHHQDGYLVHGWKDWZKHQWKH\UHFHLYH DSODQQLQJDSSOLFDWLRQLQSUR[LPLW\WRDVDIHJXDUGHGZDVWHPDQDJHPHQW VLWHWKH\VKRXOGDVVHVVZKHWKHUWKHUHLVOLNHO\WREHDFRQIOLFWEHWZHHQ WKHWZRWDNLQJLQWRDFFRXQWWKHQDWXUHRIWKHZDVWHPDQDJHPHQW DFWLYLWLHVDQGWKHVHQVLWLYLW\RIWKHSURSRVHGGHYHORSPHQWWRWKRVH DFWLYLWLHV,WLVWKHUHVSRQVLELOLW\RIGLVWULFWFRXQFLOVWRHQVXUHWKHFRXQW\ FRXQFLOLVFRQVXOWHGLQUHOHYDQWFLUFXPVWDQFHV
'XULQJWKHPRQLWRULQJSHULRGWKHFRXQW\FRXQFLOUHVSRQGHGWRVL[ SODQQLQJDSSOLFDWLRQVEHLQJFRQVLGHUHGE\GLVWULFWFRXQFLOVWKDWKDGWKH SRWHQWLDOWRDIIHFWH[LVWLQJZDVWHPDQDJHPHQWIDFLOLWLHV1RIRUPDO REMHFWLRQVZHUHUDLVHGE\WKHFRXQW\FRXQFLOLQLWVUHVSRQVHVWRDQ\RI WKHVHFDVHVZKHQFRQVLGHULQJWKHUHTXLUHPHQWVRISROLF\:
3ROLF\:ZDVDOVRUHIHUHQFHGLQRQHSODQQLQJDSSOLFDWLRQGHWHUPLQHGE\ WKHFRXQW\FRXQFLOGXULQJWKHPRQLWRULQJSHULRG3ODQQLQJDSSOLFDWLRQ
44
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
3ROLF\::DVWH:DWHUDQG6HZDJH7UHDWPHQW:RUNV
3ODQREMHFWLYHDH6$REMHFWLYH ,QGLFDWRU3HUFHQWDJHRIUHOHYDQWDSSOLFDWLRQVGHWHUPLQHGLQ DFFRUGDQFHZLWKSROLF\: 7DUJHW 5HVXOW 3HUIRUPDQFH
3ROLF\LVPHHWLQJLWVREMHFWLYHVRUDWSUHVHQWWKHUHLV QRLQIRUPDWLRQDYDLODEOHWRLQGLFDWHWKDWWKLVLVQRWWKHFDVH
2QHSODQQLQJDSSOLFDWLRQZDVDVVHVVHGDJDLQVWROLF\:GXULQJWKH PRQLWRULQJSHULRGDQGZDVJUDQWHGLQDFFRUGDQFHZLWKWKHSROLF\
45
3ROLFLHVFDUULHGRYHUIURPWKH:DVWH/RFDO3ODQ
3ROLF\:/3+RXVHKROG:DVWH5HF\FOLQJ&HQWUHV
3ODQQLQJSHUPLVVLRQZLOOEHJUDQWHGIRUKRXVHKROGZDVWHUHF\FOLQJFHQWUHV VXEMHFWWRWKHSURSRVDOVVDWLVI\LQJWKHFULWHULDVHWRXWLQSROLF\:/3RQWKH IROORZLQJVLWHV
x /DQGRII*DOODPRUH/DQH0DUNHW5DVHQ LQVHWPDSD
x /DQGDW6XPPHUJDQJV/DQH*DLQVERURXJK LQVHWPDSG
x /DQGDW&RUULQJKDP5RDG,QGXVWULDO(VWDWH*DLQVERURXJK LQVHWPDSF
x /DQG(DVWRI8IILQJWRQ5RDG6WDPIRUG LQVHWPDSE
x /DQGRII%ROLQJEURNH5RDG/RXWK LQVHWPDSH 'HHSLQJV±IRUPHU
ODQGILOOVLWH6WRZJDWH5RDGE LQVHWPDSI
3HUIRUPDQFH
3ROLF\LVQRWPHHWLQJLWVREMHFWLYHVDQGUHPHGLDODFWLRQZLOO EHQHFHVVDU\
7KLVSROLF\ZDVDVVHVVHGDVQRWPHHWLQJLWVREMHFWLYHVLQWKH$05 $VQRUHOHYDQWDSSOLFDWLRQVZHUHGHWHUPLQHGGXULQJWKHPRQLWRULQJSHULRG WKHSHUIRUPDQFHRIWKHSROLF\KDVQRWEHHQUHDVVHVVHG,QDQ\HYHQW WKHSROLF\KDVVXEVHTXHQWO\EHHQVXSHUVHGHGE\WKHDGRSWLRQRIWKH6/'
46
3ROLF\:/30DWHULDOV5HFRYHU\&HQWUHV
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
3ROLF\LVPHHWLQJLWVREMHFWLYHVRUDWSUHVHQWWKHUHLV QRLQIRUPDWLRQDYDLODEOHWRLQGLFDWHWKDWWKLVLVQRWWKHFDVH
1RSODQQLQJDSSOLFDWLRQVZHUHDVVHVVHGDJDLQVWWKLVSROLF\GXULQJWKH PRQLWRULQJSHULRG
47
3ROLF\:/3(QHUJ\)URP:DVWH
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±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
3ROLF\LVPHHWLQJLWVREMHFWLYHVRUDWSUHVHQWWKHUHLV QRLQIRUPDWLRQDYDLODEOHWRLQGLFDWHWKDWWKLVLVQRWWKHFDVH
1RSODQQLQJDSSOLFDWLRQVZHUHDVVHVVHGDJDLQVWWKLVSROLF\GXULQJWKH PRQLWRULQJSHULRG
48
3HUIRUPDQFHRIWKHGHYHORSPHQWPDQDJHPHQWDQG UHVWRUDWLRQSROLFLHV
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
$VWKHWDEOHLOOXVWUDWHVDOOSODQQLQJSHUPLVVLRQVZHUHGHWHUPLQHGLQ DFFRUGDQFHZLWKDOOWKHUHOHYDQWGHYHORSPHQWPDQDJHPHQWDQG UHVWRUDWLRQSROLFLHV7KHSROLF\WDUJHWVZHUHWKHUHIRUHPHWGXULQJWKH PRQLWRULQJSHULRG
49
7DEOH'HYHORSPHQWPDQDJHPHQWSROLF\SHUIRUPDQFH -DQXDU\WR'HFHPEHU
Policy reference DM1 DM2 DM3 DM4 DM5 DM6 DM7 DM8 DM9 DM10 DM11 DM12 DM13 DM14 DM15 DM16 DM17 R1 R2 R3 R4 number (Appendix 6) Plan objective (see a, h, j, Appendix 4 ) a d a a, j a, j, m a, j a, m a, m a, m a a, h a, h a, n a a, l a l, m i h, i h, i i SA objective (see Appendix 5) 5, 7, 8 4,5 7,8 2,7,8 2,7,8 2,7,8 1, 7, 8 1, 7, 8 1, 7, 8 7, 8 7, 8, 9 7, 8, 9 5, 7, 8 7, 8 6, 7, 8 3, 7 ,8 7, 8 9 9 9 9 Policy Indicator: Target Target Target Target Target Target Target Target Target Target Target Target Target Target Target Target Target Target Target Target Target percentage of relevant 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% planning applications determined in accordance with the policy Mineral Applications PL/0152/16 9 9 9 9 9 PL/0128/17 PL/0118/16 9 9 9 9 9 9 9 9 PL/0104/17 9 9 9 PL/0095/17 9 9 9 9 9 9 9 PL/0089/17 9 9 9 PL/0073/17 9 9 9 PL/0070/17 9 9 9 PL/0045/17 9 9 9 9 9 9 9 PL/0044/17 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 PL/0042/15 PL/0040/17 9 9 9 9 9 PL/0034/17
PL/0010/17 9 9 PL/0145/11 9 9 9 9 9 9 9 9 9 9 9 9 9 9 9 9
50
TABLE 13 CONTINUED Policy reference DM1 DM2 DM3 DM4 DM5 DM6 DM7 DM8 DM9 DM10 DM11 DM12 DM13 DM14 DM15 DM16 DM17 R1 R2 R3 R4 number (Appendix 6) Waste Applications PL/0154/16 9 9 9 9 PL/0153/16 9 9 9 9 9 9 PL/0144/16 9 9 9 9 PL/0142/16 9 9 9 9 PL/0132/16 9 9 PL/0125/17 9 9 9 9 9 9 9 9 PL/0125/16 9 0 9 0 0 0 0 0 0 PL/0124/16 9 9 9 9 9 9 9 9 PL/0121/16 9 9 9 9 9 9 9 9 PL/0120/16 9 9 9 9 9 9 9 9 PL/0119/16 9 9 9 9 9 9 9 9 PL/0118/17 9 9 PL/0117/16 9 9 9 9 9 9 9 9 PL/0090/17 9 9 9 9 9 9 9 PL/0088/17 9 9 9 9 9 9 9 PL/0087/17 9 9 9 9 9 9 9 PL/0080/17 9 9 9 9 PL/0076/17 9 9 PL/0071/17 9 9 9 9 9 9 9 PL/0068/17 9 9 9 9 9 9 9 9 PL/0059/17 9 9 9 9 9 9 9 9 PL/0055/17 9 9 9 9 PL/0053/17 9 9 9 9 PL/0053/16 9 9 9 9 PL/0051/17 9 9 9 9 PL/0048/17 9 9 51
Policy reference DM1 DM2 DM3 DM4 DM5 DM6 DM7 DM8 DM9 DM10 DM11 DM12 DM13 DM14 DM15 DM16 DM17 R1 R2 R3 R4 number (Appendix 6) PL/0047/17 9 9 9 PL/0021/17 9 9 9 PL/0017/17 9 9 9 9 9 PL/0016/17 9 9 9 9 PL/0015/17 9 9 9 9 PL/0014/17 9 9 9 9 9 PL/0008/17 9 9 Total number of applications where 41 18 41 2 4 25 0 6 1 1 2 0 3 17 8 14 23 11 4 0 7 policy referenced Percentage of 100% 100% 100% 100% 100% 100% N/A 100% 100% 100% 100% N/A 100% 100% 100% 100% 100% 100% 100% N/A 100% Applications determined in accordance with the policy
3 Granted in accordance with the policy Refused in accordance with the policy 0 Application accorded with policy, but was refused on other grounds so is excluded from the performance indicator X Granted contrary to policy X Refused contrary to policy
All policies rank as green on the traffic light system (see Section 3 of this AMR). That is, the policies are meeting their objectives, or at present there is no information available to indicate that this is not the case.
52
3HUIRUPDQFHRIWKH6LWH/RFDWLRQVSROLFLHV
)RUHDFK3ROLF\RIWKH6/'WKLV6HFWLRQSURYLGHVDVXPPDU\ER[VHWWLQJ RXW
x ZKLFK3ODQ2EMHFWLYH V DQG6XVWDLQDELOLW\$SSUDLVDO 6$ 2EMHFWLYH V DUHOLQNHGWRWKHSROLF\ VHH$SSHQGLFHVDQGIRUGHWDLOVRIWKRVH REMHFWLYHV x WKHSUHVFULEHGLQGLFDWRU V DQGWDUJHW V IURPWKH6/' x WKHUHVXOW V IRUDQG x DQDVVHVVPHQWRIWKHSHUIRUPDQFHXVLQJWKHWUDIILFOLJKWV\VWHP GHVFULEHGLQ6HFWLRQ
(DFK6XPPDU\ER[LVWKHQIROORZHGE\DPRUHGHWDLOHGH[SODQDWLRQRIWKH UHVXOWVDQGZKHUHQHFHVVDU\DQH[SODQDWLRQRIKRZWKHSHUIRUPDQFHKDV EHHQDVVHVVHG
3ROLF\6/0LQHUDO6LWH$OORFDWLRQV
3ODQREMHFWLYHE6$REMHFWLYH ,QGLFDWRU3HUFHQWDJHRIUHOHYDQWSODQQLQJDSSOLFDWLRQVGHWHUPLQHGLQ DFFRUGDQFHZLWKSROLF\6/ 7DUJHW 5HVXOW1$ 3HUIRUPDQFH
3ROLF\LVPHHWLQJLWVREMHFWLYHVRUDWSUHVHQWWKHUHLV QRLQIRUPDWLRQDYDLODEOHWRLQGLFDWHWKDWWKLVLVQRWWKHFDVH
3ROLF\&RQWH[W
3ROLF\6/LGHQWLILHVVXIILFLHQWVLWHVWRPHHWWKHUHTXLUHPHQWVIRUDVWHDG\ DQGDGHTXDWHVXSSO\RIVDQGDQGJUDYHOLQDFFRUGDQFHZLWK3ROLF\0RI WKH&6'03GRFXPHQW7KLVJLYHVSULRULW\WRH[WHQVLRQVWRH[LVWLQJ$FWLYH 0LQLQJ6LWHVIROORZHGE\UHSODFHPHQWVLWHVIRUH[LVWLQJ$FWLYH0LQLQJ6LWHV ZKLFKZLOOEHGHSOHWHGGXULQJWKHSODQSHULRG
,QGLFDWRU
1RSODQQLQJDSSOLFDWLRQVZHUHDVVHVVHGDJDLQVWWKLVSROLF\GXULQJWKH PRQLWRULQJSHULRG
53
3ROLF\6/6DIHJXDUGLQJ0LQHUDO$OORFDWLRQV
3ODQREMHFWLYHI6$REMHFWLYH ,QGLFDWRU1XPEHURISODQQLQJDSSOLFDWLRQVWKDWDUHJUDQWHGSODQQLQJ SHUPLVVLRQZKHUHWKHFRXQW\FRXQFLOKDVH[SUHVVHGWKHYLHZWKDWWKH SURSRVDOVZRXOGEHFRQWUDU\WRSROLF\6/ 7DUJHW=HUR 5HVXOW1$ 3HUIRUPDQFH
3ROLF\LVPHHWLQJLWVREMHFWLYHVRUDWSUHVHQWWKHUHLV QRLQIRUPDWLRQDYDLODEOHWRLQGLFDWHWKDWWKLVLVQRWWKHFDVH
3ROLF\&RQWH[W
7KLVSROLF\VDIHJXDUGVWKHPLQHUDOVLWHVDOORFDWHGLQSROLF\6/RIWKH6/' IURPWKHHQFURDFKPHQWRILQFRPSDWLEOHGHYHORSPHQWDQGLQFOXGHVD PEXIIHU]RQHDURXQGHDFKVLWH'LVWULFWFRXQFLOVDUHUHTXLUHGWR FRQVXOWWKHFRXQW\FRXQFLORQDSSOLFDWLRQVWKH\UHFHLYHWKDWIDOOZLWKLQWKH VLWHVSHFLILFVDIHJXDUGLQJDUHDVDVVRFLDWHGZLWKWKHDOORFDWHGPLQHUDOVLWHV RWKHUWKDQIRUWKHVSHFLILFH[HPSWLRQVVHWRXWLQWKHSROLF\:KHUH DSSOLFDWLRQVDUHFDXJKWE\WKLVSROLF\WKH\VKRXOGEHDFFRPSDQLHGE\D 0LQHUDO6LWH,QIUDVWUXFWXUH$VVHVVPHQW
,QGLFDWRU
'XULQJWKHOLPLWHGSHULRGWKDWWKLVSROLF\ZDVLQSODFHGXULQJWKH PRQLWRULQJSHULRGWKHFRXQW\FRXQFLOGLGQRWUHFHLYHDQ\SODQQLQJ DSSOLFDWLRQFRQVXOWDWLRQVIURPWKHGLVWULFWFRXQFLOVIRUSURSRVDOVZLWKLQWKH VLWHVSHFLILFVDIHJXDUGLQJDUHDVDVVRFLDWHGZLWKDOORFDWHGPLQHUDOVLWHV
54
3ROLF\6/:DVWH6LWHDQG$UHD$OORFDWLRQV
3ODQREMHFWLYHH6$REMHFWLYH ,QGLFDWRU3HUFHQWDJHRIUHOHYDQWSODQQLQJDSSOLFDWLRQVGHWHUPLQHGLQ DFFRUGDQFHZLWKSROLF\6/ 7DUJHW 5HVXOW 3HUIRUPDQFH
3ROLF\&RQWH[W
3ROLF\6/LGHQWLILHVZDVWHVLWHDQGDUHDDOORFDWLRQVWRPHHWWKHFRXQW\ V UHTXLUHPHQWVIRUDGGLWLRQDOZDVWHPDQDJHPHQWFDSDFLW\RYHUWKH3ODQ SHULRGLQDFFRUGDQFHZLWKSROLF\:RIWKH&6'03GRFXPHQW
,QGLFDWRU
2QHSODQQLQJDSSOLFDWLRQZDVDVVHVVHGDJDLQVWSROLF\6/GXULQJWKH PRQLWRULQJSHULRGDQGZDVJUDQWHGLQDFFRUGDQFHZLWKWKHSROLF\
55
'XW\WR&RRSHUDWH
7KH'XW\WR&RRSHUDWHLVLQWHJUDOWRWKH/LQFROQVKLUH0LQHUDOVDQG:DVWH /RFDO3ODQ,WKDVEHHQHPEHGGHGLQWRWKHIRUPXODWLRQRIWKH&6'03DQG 6/'DQGZLOOFRQWLQXHWRIRUPDQLPSRUWDQWSDUWRIWKHSODQPRQLWRULQJ SURFHVV7KH6/'ZDVDGRSWHGDWWKHHQGRIWKHPRQLWRULQJSHULRG DQGWKHZD\LQZKLFKWKHFRXQFLOKDVIXOILOOHGWKH'XW\WR&RRSHUDWH GXULQJWKHSURGXFWLRQRIWKLVGRFXPHQWLVVHWRXWLQWKH 'XW\WR&R RSHUDWH6WDWHPHQW 1RYHPEHU DFFRPSDQ\LQJWKH3UH6XEPLVVLRQ 'UDIW6LWH/RFDWLRQVGRFXPHQW
&RRSHUDWLRQLVDOVRRQJRLQJEH\RQGSODQSURGXFWLRQ7KHFRXQW\FRXQFLO FRQWLQXHVWRUHJXODUO\HQJDJHZLWKRWKHUSODQQLQJDXWKRULWLHVDQGUHOHYDQW RUJDQLVDWLRQVIRUH[DPSOHWKURXJKUHVSRQGLQJWRGXW\WRFRRSHUDWH UHTXHVWVIURPRWKHUDXWKRULWLHVUHJDUGLQJORFDOSODQVDQGVWUDWHJLF PLQHUDOVDQGZDVWHPDWWHUVDQGUHVSRQGLQJWRFRQVXOWDWLRQVRQRWKHU ORFDOSODQVDQGQHLJKERXUKRRGSODQV7DEOHVDQGVKRZWKH FRQVXOWDWLRQVFRQVLGHUHGDQGUHVSRQGHGWRE\WKHFRXQFLOGXULQJWKH PRQLWRULQJSHULRG
7DEOH'XW\WRFRRSHUDWHFRQVXOWDWLRQV
Mineral Planning Consultation issue Date Response Authority received Date Rutland County Mineral movements from Lincolnshire to Rutland. 08/09/2017 14/09/2017 Council North Lincolnshire Cross boundary movements of minerals between 24/03/2017 05/05/2017 Council Lincolnshire and the Humber region (Humber Local Aggregate Assessment). Waste Planning Consultation issue Date Response Authority received Date N/A N/A N/A N/A
7DEOH/RFDOSODQFRQVXOWDWLRQV
Planning Authority Consultation issue Date Response received Date Rutland County Rutland Local Plan Review 31/07/2017 No response Council South Kesteven South Kesteven Local Plan to 2036 (Consultative 30/06/2017 10/08/2017 District Council Draft Local Plan 2017) Nottinghamshire Minerals Local Plan Issues and Options 01/11/2017 11/01/2018 County Council
56
7DEOH1HLJKERXUKRRGSODQFRQVXOWDWLRQV
Parish Consultation issue Received Response Date Date Osgodby Regulation 14 consultation on the pre-submission 24/07/2017 14/08/2017 consultation version of the Osgodby Parish Neighbourhood Plan Scotter Scotter Neighbourhood Development Plan 03/07/2017 14/08/2017
$VGLVFXVVHGXQGHUSROLFLHV00:DQG6/WKHFRXQFLOKDVDOVR HQJDJHGLQH[WHQVLYHFRQVXOWDWLRQDQGFRRSHUDWLRQZLWKGLVWULFWFRXQFLOV LQUHODWLRQWRPLQHUDOVDQGZDVWHVDIHJXDUGLQJPDWWHUV7KHRXWFRPHRI WKLVFRRSHUDWLRQDQGHQJDJHPHQWIRUPVDQLPSRUWDQWSDUWRIWKH3ODQ PRQLWRULQJSURFHVV
,QDGGLWLRQWRWKHDERYHWKHFRXQW\FRXQFLOFRQWLQXHVWREHDQDFWLYH PHPEHURIWKH(DVW0LGODQGV$JJUHJDWH:RUNLQJ3DUW\ (0$:3 7KH SURYLVLRQRILQIRUPDWLRQZLWKLQWKHDQQXDO/$$DNH\FRPSRQHQWRIWKH SODQPRQLWRULQJSURFHVVLVGHSHQGHQWRQGDWDFROODWHGE\WKH(0$:3DQG WKHUHIRUHUHOLHVGLUHFWO\RQFRRSHUDWLRQEHWZHHQLWVPHPEHUV7KH (0$:3LVDOVRUHTXLUHGWRUHYLHZ/$$VEHIRUHWKH\DUHILQDOLVHGE\ LQGLYLGXDO$XWKRULWLHV$VSDUWRIWKLVSURFHVVGXULQJWKHFRXQFLO PDGHGHWDLOHGFRPPHQWVRQWKH'UDIW/$$IRU1RWWLQJKDPVKLUHDQG 1RWWLQJKDP7KHFRXQW\FRXQFLOLVDOVRDPHPEHURIWKH(DVW0LGODQGV 6WUDWHJLF:DVWH$GYLVRU\*URXSZKLFKPHHWVOHVVUHJXODUO\WKDQWKH (0$:3
57
&RQFOXVLRQ
)RUPXFKRIWKHPRQLWRULQJSHULRGSODQPDNLQJDFWLYLWLHVIRFXVVHG RQWKHSURGXFWLRQDQGSXEOLFH[DPLQDWLRQRIWKH6LWH/RFDWLRQVGRFXPHQW 6/' IROORZLQJWKHDGRSWLRQRIWKH&RUH6WUDWHJ\DQG'HYHORSPHQW 0DQDJHPHQW3ROLFLHV &6'03 LQ7KH0LQHUDOVDQG:DVWH 'HYHORSPHQW6FKHPHZDVXSGDWHGLQ$SULOWRDFFRXQWIRUWLPHWDEOH VOLSSDJHFDXVHGGXULQJWKH&6'03H[DPLQDWLRQDQGWKH6/'ZDV SURJUHVVHGLQDFFRUGDQFHZLWKWKHXSGDWHGWLPHWDEOH7KH6/'ZDV DGRSWHGRQ'HFHPEHUPHDQLQJWKDWE\WKHHQGRIWKH FRXQW\FRXQFLOKDGDFRPSOHWHDQGXSWRGDWH0LQHUDOVDQG:DVWH/RFDO 3ODQLQSODFH
,QWHUPVRIDVVHVVLQJSROLF\SHUIRUPDQFHWKHPRQLWRULQJSHULRG SURYLGHGWKHILUVWIXOO\HDURIGDWDUHJDUGLQJWKHLPSOHPHQWDWLRQRIWKH SROLFLHVZLWKLQWKHDGRSWHG&6'03
,QUHVSHFWRIWKHSURYLVLRQRIPLQHUDOV GXULQJWKHPRQLWRULQJSHULRGWKH SROLFLHVLQWKH&6'03 VXSSRUWHGE\VXEVHTXHQWDOORFDWLRQVLQWKH6/' GHOLYHUHGDVXIILFLHQWVXSSO\RIVDQGDQGJUDYHOLQHDFK3URGXFWLRQ$UHDWR PHHWGHPDQGDQGDVDUHVXOWWKHUHOHYDQWSROLF\REMHFWLYHVZHUHEHLQJ PHW,WLVDOVRFRQVLGHUHGWKDWWKHUHDUHQRFXUUHQWLVVXHVZLWKWKH GHOLYHU\RIWKHLGHQWLILHGDQQXDOSURYLVLRQIRUOLPHVWRQHDJJUHJDWH
:LWKUHJDUGWRZDVWHPDQDJHPHQWUHTXLUHPHQWVWKHUHKDVEHHQOLWWOH FKDQJHWRFDSDFLW\JDSVRYHUWKHPRQLWRULQJSHULRGKRZHYHULWLV FRQVLGHUHGWKDWWKHSROLFLHVVHWRXWLQWKHDGRSWHG&6'03 VXSSRUWHGE\ VXEVHTXHQWDOORFDWLRQVLQWKH6/' SURYLGHVXIILFLHQWIOH[LELOLW\WRHQDEOH WKHQHFHVVDU\IDFLOLWLHVWRFRPHIRUZDUGWRPHHWUHTXLUHPHQWVVXEMHFWWR PDUNHWIRUFHV7RWKLVHQGQRLVVXHVKDYHEHHQLGHQWLILHGZLWKWKH SHUIRUPDQFHRIWKHUHOHYDQWSROLFLHV
$OO'HYHORSPHQW0DQDJHPHQW3ROLFLHVZLWKLQWKH&6'03DUHDOVR FRQVLGHUHGWRKDYHSHUIRUPHGVXFFHVVIXOO\GXULQJWKHPRQLWRULQJSHULRG 7KHUHZHUHKRZHYHUWZRFRUHSROLFLHVZKHUHSRWHQWLDOLVVXHVKDYHEHHQ LGHQWLILHGDQGZKLFKZLOOEHFORVHO\PRQLWRUHGJRLQJIRUZDUGLQRUGHUWR GHWHUPLQHZKHWKHUIXUWKHUDFWLRQLVUHTXLUHG
x 3ROLF\06DIHJXDUGLQJRI0LQHUDO5HVRXUFHV± 3ROLF\ZRUGLQJ LQWHUSUHWDWLRQE\GLVWULFWFRXQFLOVDQGSROLF\H[HPSWLRQV x 3ROLF\0$VVRFLDWHG,QGXVWULDO'HYHORSPHQW± :HLJKWJLYHQ WRUHTXLUHPHQWIRUFORVHOLQNVZLWKPLQHUDOGHYHORSPHQWV
1RSODQQLQJDSSOLFDWLRQVGHWHUPLQHGGXULQJWKHPRQLWRULQJSHULRGPDGH UHIHUHQFHWRWKHUHPDLQLQJVDYHGSROLFLHVRIWKH/LQFROQVKLUH:DVWH/RFDO 3ODQ EHIRUHWKH\ZHUHVXEVHTXHQWO\UHSODFHGE\WKHDGRSWLRQRI WKH6/'
58
7KHDGRSWHG6/'LQFOXGHVDOORFDWLRQVWKDWPDNHPRUHWKDQVXIILFLHQW SURYLVLRQIRU/LQFROQVKLUH VPLQHUDOVDQGZDVWHQHHGVRYHUWKHSODQSHULRG WRZKLOVWSURYLGLQJVLJQLILFDQWIOH[LELOLW\WRPHHWDQ\LQFUHDVHVLQ GHPDQGRUXQIRUHVHHQQHHGVGXULQJWKHOLIHWLPHRIWKHSODQ$VWKH6/' ZDVRQO\DGRSWHGDWWKHHQGRIWKHPRQLWRULQJSHULRGWKHPRQLWRULQJRI SROLF\SHUIRUPDQFHLVOLPLWHGWRWKHSHULRG'HFHPEHU± 'HFHPEHU'XULQJWKLVWLPHQRLVVXHVKDYHEHHQLGHQWLILHGZLWKWKH SHUIRUPDQFHRIWKHUHOHYDQWSROLFLHV
59
$SSHQGL[/LQFROQVKLUHPLQHUDOVDQGZDVWHVLWHV Mineral sites safeguarded under policy M11 (excluding dormant sites)
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
60
Dormant mineral sites (not safeguarded under policy M11)
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
Waste sites (safeguarded under policy W8)
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
61
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ewage treatment works 5HI 6LWHQDPH 3RVWFRGH (DVWLQJ 1RUWKLQJ $QJOLDQ:DWHU $: 1RUWK.HOVH\ /1-8 $: 1RUWK7KRUHVE\ '14* $: /HJERXUQH /1/: $: $OIRUG /1%1 $: 2OG%ROLQJEURNH 3(+% $: 7R\QWRQ 3($; $: 0DUHKDP/H)HQ 3(6) $: (DVW.LUNE\ 3('% $: 1HZ/HDNH 3(-7 $: 6SLOVE\ 3(3) $: 6WLFNQH\ 3('* $: 6ZDWRQ 1*-4 $: +HOSULQJKDP 1*53 $: 6ZLQHVKHDG /LQFV 3(1% $: 6RXWK.\PH /1$% $: $PEHU+LOO 3(54 $: 6XWWRQ%ULGJH 3(4) $: *HGQH\'URYH(QG+ROERXUQ 3(3) $: 0DQWKRUSH 3(-( $: :DGGLQJKDP '167 $: )DOGLQJZRUWK0RG /114 $: 0DUNHW5DVHQ /177 $: &OD[E\ /1<6 $: .LUNE\&XP2VJRGE\ /13( $: 2ZPE\ /1+3 $: )DOGLQJZRUWK /16) $: *OHQWKDP /1(5 $: :HOWRQ/H:ROG /147 $: /RXWK /1'; $: &RYHQKDP3DFNDJHG /13$ $: 6WRNH5RFKIRUG 1*(- $: +DUOD[WRQ 1*$* $: *UHDW3RQWRQ 1*'< $: /LWWOH3RQWRQ 1*%6 $: 0DUVWRQ6WZ /LQFV 1*+; $: /RQGRQWKRUSH 1*5; $: 6ZLQGHUE\ /14' $: 6RXWK+\NHKDP /178 $: 1RUWK+\NHKDP /1$- $: 6D[LOE\ /13% $: 6NHOOLQJWKRUSH /17< $: 'HHSLQJ 3(54 $: 6XWWHUWRQ5RSHUV/D 3(+= $: )UDPSWRQ 3(%: $: )ULWKYLOOH 3((; $: *LSVH\%ULGJH 3(%1 $: ,QJROGPHOOV 3(-+ $: &DQZLFN /1() $: 6SULGOLQJWRQ /1') $: 1HWWOHKDP /144 $: .HHOE\ '16/ $: +ROWRQ/H&OD\ '1$6 $: 1RUWK&RWHV '187 $: &DLVWRU /11+ $: %LJE\ '1(( $: *UDVE\ '1$3 $: %XUWRQ&RJJOHV 1*-3 $: ,UQKDP 1*-' $: &RUE\*OHQ 1*/$ 65 5HI 6LWHQDPH 3RVWFRGH (DVWLQJ 1RUWKLQJ $: %RRWKE\3DJQHOO 1*'* $: 5RSVOH\ 1*+: $: ,QJROGVE\ 1*+$ $: 2OG6RPHUE\ 1*$( $: (GHQKDP 3(/6 $: %RXUQH 3($7 $: 'XQVE\ 3(67 $: 3LFNZRUWK *UDQWKDP 1*74 $: &UDQZHOO 1*+8 $: 6RXWK5DXFHE\ 1*4) $: $QFDVWHU 1*44 $: $XQVE\9LOODJH 1*6$ $: 6LON:LOORXJKE\ 1*3( $: .LUNE\/D7KRUSH 1*16 $: 6OHDIRUG'URYH/DQH :S 1*-4 $: 6OHDIRUG 1*3$ $: 0DQE\ /1+/ $: 1RUWK6RPHUFRWHV /13' $: :HOWRQ/H0DUVK :WZ 3(7$ $: 6WUXEE\ /1'= $: 0DEOHWKRUSH /141 $: $QGHUE\6HD5RDG 3(;< $: /HDVLQJKDP 1*/- $: +RUEOLQJ 1*3: $: 'RQLQJWRQ 3(;( $: *RVEHUWRQ 3(31 $: 6XWWHUWRQ:LJWRIW 3((1 $: 6XUIOHHW 3(%+ $: 0DUWLQ /148 $: %LOOLQJKD\ /1$= $: :RRGKDOO6SD /14< $: &RQLQJVE\ /17( $: +RUQFDVWOH /1/% $: 0RXOWRQ 3(3< $: )RVG\NH%HOO/DQH 3(%6 $: *HGQH\'\NH$QYLO&ORVH 3(%* $: 6NLOOLQJWRQ 1*+) $: 6WDLQE\ 1*47 $: 6FDPSWRQ5DI /16( $: 1RUWK&DUOWRQ /158 $: $LVWKRUSH /16* $: 6WXUWRQ%\6WRZ /1<; $: 1RUWK&RWHV 5DI '1;( $: %HFNLQJKDP /151 $: 6ZDOORZ /1'1 $: 'RUULQJWRQ /14$ $: 5RZVWRQ /1/8 $: $VKE\'H/D/DXQGH /1-* $: /LWWOH%\WKDP 1*5; $: %UDQVWRQ%RRWKV /1$- $: :DVKLQJERURXJK /1$( $: 5HHSKDP /LQFV /14; $: )LVNHUWRQ /1+1 $: 8SWRQ /LQFV '115 $: :LOOLQJKDP '1/+ $: 7DWKZHOO /165 $: 7HWIRUG /14) $: 6NHQGOHE\ 3(4( $: )LVKWRIW 3(5' $: 6LEVH\ 3(6* $: 2OG/HDNH6NLSPDUVK/DQH 3(/7 $: )XOEHFN 1*-* $: &DUOWRQ6FURRS 1*$5 66 5HI 6LWHQDPH 3RVWFRGH (DVWLQJ 1RUWKLQJ $: &D\WKRUSH 1*%* $: +RXJK2Q7KH+LOO 1*%% $: &DQGOHVE\ 3(55 $: &URIW 3(55 $: $OOLQJWRQ 1*)6 $: 1DYHQE\ /1(; $: +ROWRQ&XP%HFNHULQJ /11* $: 6XWWRQ6W-DPHV1HHGKDP'U6W 3((* $: &RZELW 3('1 $: *OHQWZRUWK '1(' $: +HPVZHOO5$) '1;3 $: 6DOWIOHHW /16$ $: /DQG2II6WRZH5RDG $: )ULVNQH\ 3(18 $: :DLQIOHHW 3(4< $: 6NHOOLQJWKRUSH /17< $: %URFNOHVE\ '133 $: 7HWQH\1HZWRQ0DUVK '1/$ $: %RVWRQ 3(6+ $: 5RWKZHOO6WZ /LQFV /1'7 $: /XGIRUG /1$6 $: %LQEURRN /1+8 $: 7HDOE\ /1;/ $: &OD\SROH 1*$- $: /RQJ%HQQLQJWRQ 1*': $: 6WXEWRQ 1*'' $: &URZODQG 3(%= $: 0HWKHULQJKDP /1+; $: :HOWRQ :WZ /13% $: 'XQKROPH /14= $: %DVVLQJKDP /1+$ $: %UDQW%URXJKWRQ /163 $: /HDGHQKDP /13* $: 6SDOGLQJ 3(%% $: %DUGQH\ /168 $: +HPLQJE\0DLQ5G /14) $: 0LQWLQJ /16% $: 'RQLQJWRQ2Q%DLQ /171 $: %XFNQDOO /1'7 $: 0DUNHW6WDLQWRQ6WZ /1/- $: :LOVIRUG 1*3' $: 2VERXUQE\ 1*'/ $: $QZLFN 1*63 $: 7DWWHUVKDOO%ULGJH /1-- $: &KDSHO+LOO /1=/ $: +ROEHDFK 3($' $: 'HHSLQJ6W1LFK:UHQ&O 3('; $: &RUULQJKDP '143 $: &ROVWHUZRUWK 1*17 $: ,QJKDP /1<3 $: 1RFWRQ 5DI /1'% $: +HFNLQJWRQ 1*37 $: :LOVWKRUSH 3(3' $: :UDJE\ /14= $: 6RXWK:LWKDP 1*31 $: 6XWWRQ6W-DPHV6XWWRQ*DWH 3(+3 $: 6DOWIOHHWE\6W3HWHU /16= $: 7KHGGOHWKRUSH6LOYHU6W /13$ $: 2DVE\0LOO/DQH 1*1$ $: 3LFNZRUWK&KXUFK/DQH 1*7( $: )HQWRQ3XPS/DQH 1*') $: 'HHSLQJ6W1LFKRODV1HZ5G 3('8 $: /DQG2II:LOVWKRUSH/DQH 67 5HI 6LWHQDPH 3RVWFRGH (DVWLQJ 1RUWKLQJ $: :RRGFRWH/DQH 6HYHQ7UHQW:DWHU 67 /DQG2SSRVLWH3DUN)DUP&RWWDJH 67 %O\WRQ '1/$ 67 *DLQVERURXJK 67 6FRWWHU5LYHUVLGH '18* 67 +HDSKDP5RDG '137 67 (DVW6WRFNZRUWK '1'+ 67 3LOKDP '118 67 :LOORXJKWRQ '157 67 /DXJKWHUWRQ /1%' 67 1RUWKRUSH '1$4 67 0DUWRQ '1$) 68 $SSHQGL[0LQHUDOVSODQQLQJDSSOLFDWLRQVGHWHUPLQHG-DQXDU\WR'HFHPEHU App ref. Location Proposal Decision Decision Change in mineral date reserve, capacity, end date PL/0152/16 Land east of King Street, West To continue to extract sand and gravel without Granted 03/04/2017 Deeping, Lincolnshire complying with conditions 2 (Details and Plans), condition 10 (Plant and Machinery) and condition 11 (site layout) imposed by permission S81/1588/89 (as amended by permissions S81/0787/01 and S81/1112/07) together with the discharge of condition 2 (Additional embankments) and condition 3 (vehicular access) of S81/1112/07. The proposal is for an amended location and amendments to the layout and design of the approved aggregate processing plant and for ancillary offices and a bagging plant within the site. A new location is also proposed for the silt lagoon and amended freshwater lagoon. Associated minor changes are proposed to the method of working and progressive restoration scheme including the creation of a conservation wetland and amended details relating to the site access. PL/0128/17 Highfield Quarry, A1028, Two storey extension to existing offices serving Granted 22/12/2017 Bluestone Heath Road, Welton adjoining quarry to provide additional office le Marsh, Spilsby, Lincolnshire accommodation for existing staff within weighbridge office which is to be removed PL/0118/16 Harmston Quarry, Tower Lane, To vary condition 17 of planning permission Granted 17/01/2017 Extended end date Harmston, Lincolnshire N30/1212/10 as amended by N30/1496/14 to enable for mineral additional time for inert waste recycling operations to extraction/restoratio continue to enable the site to be fully restored to the n to 2023 (linked to approved restoration contours waste operations). 69 App ref. Location Proposal Decision Decision Change in mineral date reserve, capacity, end date PL/0104/17 Castle Quarry, Sleaford Road, Retrospective planning permission for a water Granted 06/11/2017 Ancaster, Grantham, settlement lagoon at Ancaster Quarry. The lagoon Lincolnshire, NG32 3QW measures14m x 6m and has an approximate depth of 2.2m and is excavated into the ground PL/0095/17 Kenwick Quarry/Landfill, A16, To regrade and re-profile in-situ quarry slopes and Granted 03/11/2017 London Road, Tathwell, south facing flank of the former landfill along with the Lincolnshire, LN11 8QH importation, processing and use of 35,000 tonnes of inert materials to aid the restoration of the site over a four year period PL/0089/17 Little Ponton Quarry, To retain a static caravan to provide staff welfare Granted 07/09/2017 Whalebone Lane, Little Ponton, facilities Lincolnshire PL/0073/17 Baston Asphalt, Cross Road, Office extension Granted 11/08/2017 Baston, Lincolnshire, PE6 9QA PL/0070/17 West Deeping Quarry, King Erection of new workshop to be used for steel Granted 09/08/2017 Street, West Deeping, fabrication, welding and maintenance of HGVs Lincolnshire, PE6 9JB PL/0045/17 Ancaster Quarry, King Street, For a small scale extension to existing quarry Granted 23/10/2017 Additional 10,000 Heydour cubic metres of limestone building stone (between 1,000 to 3,000 cubic metres pa). PL/0044/17 Dunston Quarry, B1188 Lincoln Extension of the existing quarry into 4ha of agricultural Refused 06/06/2017 Road, Dunston, Lincoln, land Lincolnshire PL/0042/15 Woodhall Spa Quarry, Proposed Western quarry extension (in the parish of Granted 05/09/2017 Total 3.5mt sand and Tattershall Thorpe, Lincolnshire, Tattershall Thorpe) and Eastern quarry extension (in the gravel (250,000 tpa). LN10 6YN parishes of Tumby and Coningsby) 70 App ref. Location Proposal Decision Decision Change in mineral date reserve, capacity, end date PL/0040/17 Kettleby Quarry Plant Site, TO ERECT A WORKSHOP TO SERVICE AND MAINTAIN Granted 30/05/2017 Kettleby Quarry, Kettleby, MOBILE PLANT ASSOCIATED WITH THE ON-GOING Lincolnshire, DN20 9HL OPERATIONS PL/0034/17 Highfield Quarry, Bluestone Proposed Change of Use of the existing offices Granted 30/05/2017 Heath Road, A1028, Welton le ref.(E)N199/1020/09 to Residential use and a Change of Marsh, Lincolnshire Use of the existing vacant cottage to B1 Office Use ancillary to the quarry. PL/0010/17 Great Ponton Quarry, Dallygate Application for retrospective approval to alter and Granted 17/03/2017 Lane, Great Ponton, reorientate approved buildings to an as-built layout Lincolnshire, NG33 5DP PL/0145/11 Ropsley Quarry, Long Hollow Application under the Environment Act 1995: Review of Granted 09/01/2017 Lane, Ropsley, Grantham, Mineral Planning Permission (ROMP application) for Lincolnshire Ropsley Quarry, Long Hollow Lane, nr. Grantham 71 $SSHQGL[:DVWH3ODQQLQJ$SSOLFDWLRQV'HWHUPLQHG-DQXDU\±'HFHPEHU App Ref. Location Proposal Decision Decision Change in waste date capacity, end date PL/0154/16 Paul Riddel Skip Hire Ltd, To Retain Biomass Boiler System Granted 06/03/2017 Hemingby Lane, Horncastle, Lincolnshire, LN9 5PN PL/0153/16 Autby House, Autby Drive, To vary conditions 1, 3 and 6 of planning permission Granted 15/02/2017 North Thoresby, Grimsby, North N/133/0462/12 to extend the outside material storage East Lincolnshire, DN36 5SB area PL/0144/16 Wilsford Heath Materials Development of solid replacement fuel open storage Granted 22/02/2017 Recycling Facility, High Dike, areas with sealed drainage systems Ancaster, Grantham, Lincolnshire, NG32 3PY PL/0142/16 Wasteaway Solutions, Unit 19 & Extension of existing open bays to create additional Granted 08/02/2017 20, Hadley Road, Sleaford, bays raising of existing sorting bays and 5.2m high Lincolnshire perimeter fence PL/0132/16 Marsh Lane, Riverside Industrial To vary condition 2 of planning permission B/0203/16 Granted 18/01/2017 Estate, Boston, Lincolnshire, (approved documents and plans) to reduce the stack PE21 7TN height from 60m to 44m, relocate ash storage tanks within the site and amendments to the air cooled condenser building (minor material amendments) PL/0125/17 Nursery Road, Boston, To erect a building for the repair or dismantlement of Granted 22/12/2017 New ELV site but Lincolnshire, PE21 7TN vehicles tonnage not specified. PL/0125/16 Veolia Site, Long Leys Road, To demolish an existing building, construct a new Refused 07/02/2017 Lincoln, Lincolnshire, LN1 1DS building and operate a waste transfer station, including the production of refuse derived fuel, with associated development including a new weighbridge, relocation of existing wash bay, diesel tank and re-alignment of existing fence line 72 App Ref. Location Proposal Decision Decision Change in waste date capacity, end date PL/0124/16 Mid UK Recycling Limited, Extension to existing building (Unit 12) and erection of a Granted 04/01/2017 Station Road, Caythorpe, new open fronted storage building to accommodate the Lincolnshire, NG32 3EW consented construction, demolition and excavation wastes recycling operations PL/0121/16 Harmston Quarry, Tower Lane, To vary conditions 1 and 3 of planning permission Granted 17/01/2017 Extended end date Harmston, Lincolnshire N30/1211/10 as amended by N30/1495/14 - An for recycling/infill extension of time is required for a further five years operations Dec until 15 September 2023 to continue recycling and 2022/ March 2023. infilling to enable the site to be fully restored to the approved restoration contours PL/0120/16 Harmston Quarry, Tower Lane, To vary condition 1 of planning permission Granted 17/01/2017 Extended end date Harmston, Lincolnshire N30/1210/10 as amended by N30/1494/14 - An for waste transfer extension of time is required for a further five years operations/restorati until 15 September 2023 to enable waste transfer to on Dec 2022/March the site for recycling to enable the site to be fully 2023. restored to the approved restoration contours PL/0119/16 Harmston Quarry, Tower Lane, To vary condition 3 of planning permission Granted 17/01/2017 Extended end date Harmston, Lincolnshire N30/0056/12 as amended by N30/1497/14 - An for wash plant Dec extension of time is required for a further five years 2018. until 15 March 2022 to continue recycling and infilling of the quarry void to enable the site to be fully restored to the approved restoration contours PL/0118/17 GBM Waste Management Ltd, For the retention of 2no. portable office buildings Granted 21/12/2017 Bolingbroke Road, Louth, Lincolnshire, LN11 0WA PL/0117/16 Harmston Quarry, Tower Lane, To vary condition 2 of planning permission Granted 17/01/2017 Extended end date Harmston, Lincolnshire N30/0486/13 as amended by N30/1493/14 to continue for centrifuge Dec recycling and infilling the quarry void to enable the site 2018. to be fully restored to the approved restoration contours for a further five years (until 31 March 2022) 73 App Ref. Location Proposal Decision Decision Change in waste date capacity, end date PL/0090/17 Highfield Quarry, Bluestone Application for revised facilities for the recycling of Granted 20/10/2017 Heath Road, A1028, Welton le construction, demolition and excavation wastes, to Marsh, Lincolnshire allow the processing of wastes over a greater area and the installation of impermeable hard standing PL/0088/17 Mid UK Recycling Ltd, For the retention of fixed plant for the processing of Granted 05/10/2017 Caythorpe Heath Lane, waste wood at Caythorpe Materials Recycling Facility, Caythorpe, Grantham, Caythorpe Heath Lane, Caythorpe, Grantham Lincolnshire, NG32 3EW PL/0087/17 Mid UK Recycling Ltd, For retention of fixed plant and proposed formation of Granted 02/10/2017 Caythorpe Heath Lane, materials open storage compound for the processing of Caythorpe, Grantham, waste glass Lincolnshire, NG32 3EW PL/0080/17 Blue Sky Plastics Ltd, South Fen To vary condition 8 of planning permission S12/3525/15 Granted 22/09/2017 Road, Bourne, Lincolnshire, PE10 0DN PL/0076/17 Sleaford Water Recycling For the erection of three kiosks to house electrical Granted 11/09/2017 Centre, Bonemill Lane, Sleaford, control equipment Lincolnshire, NG34 7BH PL/0071/17 Holdingham Biogas, To change of use from agri-based anaerobic digestion Granted 02/10/2017 Introduction of Holdingham, Sleaford, facility to commercial anaerobic digestion facility waste (C&I) as a Lincolnshire, NG34 8YH feedstock (34,300 tpa). 74 App Ref. Location Proposal Decision Decision Change in waste date capacity, end date PL/0068/17 Land off, Lincoln Road, Fenton, To remove and re-profile on-site soils and sub-soils and Granted 31/07/2017 N/A - One-off Lincoln, Lincolnshire, LN1 2EP import additional soils, to create a relatively flat area to importation/landfill be grass seeded and used as a paddock of soils for re- profiling, to replace those taken off site. (2,450 tonnes). PL/0059/17 Mushroom Farm, Boundary To vary conditions 1, 4, 7, 11 and 12 of planning Granted 04/07/2017 Lane, South Hykeham, permission N/75/0353/15 Lincolnshire, LN6 9NQ PL/0055/17 Wilsford Heath Materials To vary condition 6 of planning permission Granted 28/06/2017 Recycling Facility, High Dike, N74/1238/12 (as amended by planning permission Ancaster, Grantham, N74/1451/15) to allow wrapped baled material to be Lincolnshire, NG32 3PY stored to a height of 4 metres PL/0053/17 Environcom Ltd, Great North External storage area for complete and intact fridges on Granted 29/06/2017 Road, Grantham, Lincolnshire, existing hardstanding to the south west corner of the NG31 7UH site prior to processing within the building 75 App Ref. Location Proposal Decision Decision Change in waste date capacity, end date PL/0053/16 AEL Biogas Ltd, East Kirkby, To vary condition 3 to add liquid food waste of planning Granted 22/02/2017 Spilsby, Lincolnshire, PE23 4BU approval S/046/2193/10 for an existing anaerobic digestion facility PL/0051/17 Environcom Ltd, Great North To vary Condition 2 of Planning Permission Granted 29/06/2017 Road, Grantham, Lincolnshire, S35/0931/13 to permit the outside storage of fridges NG31 7UH and to amend part of the existing vehicular circulation area PL/0048/17 Bullimores Plant Hire Ltd, Mays Regularisation and retention of trommel Granted 08/06/2017 Road, Pinfold Industrial Estate, Bourne, Lincolnshire, PE10 9HT PL/0047/17 Unit 9, Birch Court, Spratt To erect a detached office building Granted 19/06/2017 Close, Boston Road Industrial Estate, Horncastle, Lincolnshire, LN9 6SB PL/0021/17 Anaerobic Digester Plant, For the installation of plant compound for the cleaning Granted 06/06/2017 Hemswell Cliff Industrial Estate, and distribution of gas to the National Grid on land Hemswell Cliff, Gainsborough, adjacent to the existing anaerobic digester plant Lincolnshire, DN21 5TU PL/0017/17 Mid UK Recycling Ltd, Copper To demolish existing building (shed 1) and erect a Granted 05/07/2017 Hill Industrial Estate, Ermine replacement building Street, Barkston Heath, Grantham, Lincolnshire, NG32 3PY 76 App Ref. Location Proposal Decision Decision Change in waste date capacity, end date PL/0016/17 Reed Point, Spalding Road, For a 1m x 12m vehicle service pit Granted 29/03/2017 Sutterton, Boston, Lincolnshire, PE20 2EP PL/0015/17 Riverside Industrial Estate, To vary condition 3 of planning permission B/0435/16 Granted 03/04/2017 Marsh Lane, Boston, to extend the range of permitted feedstock materials Lincolnshire including the use of Refuse Derived Fuel (RDF) PL/0014/17 Clapgate Farm, Somersby Road, For the erection of a new sealed lagoon immediately to Granted 26/04/2017 Ashby Puerorum, Greetham the east of the existing anaerobic digestion plant with Somersby, Horncastle, Lincolnshire, LN9 6QU PL/0008/17 Riverside Industrial Estate, For the installation of ancillary services and structures Granted 18/05/2017 Marsh Lane, Boston, comprising a fire water tank, a fire water pump house, a Lincolnshire diesel tank, an emergency generator, transformer and distribution network operator cabinet 77 $SSHQGL[7KHVWUDWHJLFREMHFWLYHVRIWKH/LQFROQVKLUH0LQHUDOVDQG:DVWH/RFDO3ODQ Plan ref: Objective Protect the environment and local communities from negative impacts of minerals and waste development, reduce residual impacts and deliver improvements where possible. Ensure new facilities include high standards of design and layout, sustainable construction methods, a. good working practices and environmental protection measures; Ensure that the minerals extracted in Lincolnshire supplies industry in line with national guidance and contributes to local and national b. requirements; Seek to ensure that minerals are supplied from appropriately located and environmentally acceptable sources; c. Through prioritising movement of waste up the waste hierarchy, minimise greenhouse gas emissions by reducing the reliance on landfill; maximise opportunities for the re-use and recycling of waste; facilitate new technologies to maximise the renewable energy potential of waste d. as a resource; and promote the use of carbon capture technology; Deliver adequate capacity for managing waste more sustainably when it is needed; to ensure waste is managed as near as possible to where it e. is produced, including the need for waste water infrastructure; Safeguard key mineral resources from sterilisation by other forms of development; f. Provide for a steady and adequate supply of minerals and ensuring the efficient use of primary minerals and encourage the production and use g. of good quality secondary and recycled aggregates; Protect Lincolnshire’s high quality agricultural land (Grades 1, 2 and 3a) and soil where practicable from development; and in cases where it is affected, safeguard its long term potential by encouraging restoration back to agriculture, or protection of soils through restoration schemes to h. biodiversity where soils are cared for in a sustainable manner, enabling habitat creation in addition to soil preservation for future agricultural needs; Consider the restoration of mineral sites at the beginning of the proposal; after-uses will be identified which best meet local circumstances. The enhancement of existing and the creation of new priority habitats, in line with National Guidance, the Lincolnshire Biodiversity Action Plan, i. Lincolnshire Geodiversity Action Plan; the national strategy Biodiversity 2020 and green infrastructure will be key objectives; 78 Ensure the unique historical heritage of Lincolnshire, including its built, archaeological and natural landscape features and their wider settings j. are protected from the adverse impacts of mineral and waste developments; Ensure that local sources of building stone are available to contribute towards the maintenance and enhancement of locally distinctive k. buildings. Stone for Lincoln Cathedral will be specifically protected; Protect Lincolnshire’s coastal and fluvial high flood risk areas from inappropriate minerals and waste development and reduce flood risk l. through development opportunities wherever possible; Protect and enhance the Lincolnshire Wolds AONB, coastline and other nature conservation areas ranging from International (Natura 2000 m. sites) through to local designations; Sustainable alternative modes of transport will be given priority and vehicular-tonne miles movements will be minimised wherever practicable. n. 79 $SSHQGL[6XVWDLQDELOLW\DSSUDLVDOREMHFWLYHV Number Objective Lincolnshire is a large, sparsely populated rural County resulting in access issues for rural communities and contributing to high levels of car 1) ownership. This issue needs to be taken into account in providing for waste management facilities for a dispersed population. High population growth and increase in waste arisings will lead to demand in more waste management facilities in Lincolnshire as well as 2) demand for minerals to meet house building and other construction demands There is social exclusion in deeply rural areas and social deprivation particularly in some of the eastern coastal areas, urban centres including 3) Lincoln and Boston and south west of Lincolnshire. A high proportion of Lincolnshire’s waste goes to landfill, there is need to reverse this trend through provision of alternative waste 4) management facilities focusing on those that will facilitate waste management in line with the waste hierarchy Although Lincolnshire already has high recycling and composting levels, there is need to further increase the amount of waste recycled, re- 5) used and recovered in order to meet the objectives of Sustainable Waste Management The Minerals and Waste Plan will need to provide a sustainable network of facilities to enable waste to be managed close to its source and in 6) line with the waste hierarchy Lincolnshire has a diverse range of habitats with high ecological value being attributed to the coastal areas. Conservation of these habitats as well as protected species will be required in order to avoid their decline. Conservation of Ancient woodlands is especially relevant given its 7) relative scarcity in the County. Lincolnshire has a rich historic and built environment which forms an important part of the County’s distinctive environment. Its conservation 8) should be paramount when planning for minerals and waste development to minimise its loss/destruction. Lincolnshire has 9 landscape character areas and the Lincolnshire Wolds are designated as an AONB. Minerals and waste developments 9) should be planned in a way that will conserve the character areas as well as the AONB. Development in the County will continue to add pressure to scarce water resources. There will be a need to ensure that minerals and waste 10) developments do not lead to pollution or inefficient use of both surface and groundwater resources. 80 Climate change poses a genuine threat especially with regard to flooding. There is a need to reduce CO2 emissions as well as ensuring 11) development in the flood plain is minimised Minerals and waste are largely transported by road leading to high levels of HGV traffic which result in disturbance as well as contributing to 12) CO2 emissions. There is need for the Plan to encourage use of sustainable transport for minerals and waste. Much of Lincolnshire’s transport network comprises of narrow roads and country lanes and the majority of the strategic roads fall below 13) current design standards. This has a consequence of low speeds and safety problems. The main concentrations of sand and gravel working are in the Trent Valley, the Lower Bain region and the Baston-Langtoft-West Deeping areas while limestone is mainly worked in the south. Further working in these areas should take account of cumulative effects on the 14) environment and the local communities to ensure that the areas can sustainably cope with continued extraction. Lincolnshire has a poorly performing economy in relation to the rest of the East Midlands and the country. The Core Strategy should seek to support minerals and waste development through making provision for facilities and areas for mineral working as well as encouraging 15) recycling and recovery technologies that can attract high level skilled labour. Tourism and recreation are an important component of the Lincolnshire economy. This is supported by the rural nature of the County and an 16) extensive network of Public Rights of Way. AQMAs have been declared in Lincoln, Boston and Grantham. Minerals and waste Management developments should be planned in a way 17) that does not negatively impact on air quality. The supply of building and roofing stone is important to maintain local character in parts of the County. 18) 0LQHUDOV DQG :DVWH /RFDO 3ODQ ± &RUH 6WUDWHJ\ 'HYHORSPHQW 0DQDJHPHQW 3ROLFLHV 'RFXPHQW 6XVWDLQDELOLW\ $SSUDLVDO 6WUDWHJLF (QYLURQPHQWDO $VVHVVPHQW (QYLURQPHQWDO 5HSRUW XSGDWHG 9 81 $SSHQGL[7LWOHVRIGHYHORSPHQWPDQDJHPHQWDQGUHVWRUDWLRQSROLFLHV DM1: Presumption in favour of sustainable development DM2: Climate change DM3: Quality of life and amenity DM4: Historic environment DM5: Lincolnshire Wolds Area of Outstanding Natural Beauty DM6: Impact on landscape and townscape DM7: Internationally designated sites of biodiversity conservation value DM8: Nationally designated sites of biodiversity and geological conservation value DM9: Local sites of biodiversity conservation value DM10: Local sites of geological conservation value DM11: Soils DM12: Best and Most Versatile Agricultural Land DM13: Sustainable transport movements DM14: Transport by road DM15: Flooding and flood Risk DM16: Water resources DM17: Cumulative impacts R1: Restoration and aftercare R2: After-use R3: Restoration of sand and gravel operations within areas of search R4: Restoration of limestone and chalk workings 6RXUFH/LQFROQVKLUH0LQHUDOVDQG:DVWH/RFDO3ODQ&RUH6WUDWHJ\DQG'HYHORSPHQW0DQDJHPHQW3ROLFLHV -XQH 82