Lake Ontario Lakewide Management Plan Update 2009

  • Uploaded by: binational-net
  • 0
  • 0
  • June 2020
  • PDF

This document was uploaded by user and they confirmed that they have the permission to share it. If you are author or own the copyright of this book, please report to us by using this DMCA report form. Report DMCA


Overview

Download & View Lake Ontario Lakewide Management Plan Update 2009 as PDF for free.

More details

  • Words: 1,436
  • Pages: 8
7KH/DNH2QWDULR/D03 /LJKWLQJWKHZD\IRU/DNH2QWDULR :RUNLQJWRJHWKHUWRUHVWRUHDQGSURWHFWWKHKHDOWKRIWKHODUJHDQGFRPSOH[HFRV\VWHPRI /DNH2QWDULRLVWKHIRFXVRIWKH/DNH2QWDULR/DNHZLGH0DQDJHPHQW3ODQ /D03 7KLV ELQDWLRQDOIUDPHZRUNLPSOHPHQWHGE\VHYHQIHGHUDOSURYLQFLDODQGVWDWHDJHQFLHVLVD PRGHORIFROODERUDWLRQLQHQYLURQPHQWDOSURWHFWLRQWKDWFHOHEUDWHGLWV\HDUDQQLYHUVDU\ LQ,WLVSDUWRIWKHELQDWLRQDOFRPPLWPHQWWR*UHDW/DNHVKHDOWKXQGHUWKH&DQDGD 8QLWHG6WDWHV*UHDW/DNHV:DWHU4XDOLW\$JUHHPHQW */:4$ 

/$.( 217$5,2 / $ . ( : , ' (  0 $ 1 $ * ( 0 ( 1 7 3/$183'$7( 

&217(176 7KH/DNH2QWDULR/D03 /LJKWLQJWKHZD\IRU/DNH2QWDULR &HOHEUDWLQJ\HDUVRI %LQDWLRQDO*UHDW/DNHV &ROODERUDWLRQ   (FRV\VWHP,QGLFDWRUV /D03%LQDWLRQDO &RRSHUDWLYH0RQLWRULQJ /DNH2QWDULR±6W/DZUHQFH5LYHU :DWHU/HYHO&RQWURO6WXG\ %DOG(DJOHVDUH%DFN 5HVWRULQJWKH'LYHUVLW\RI /DNH2QWDULR)LVKHV /DNH2QWDULR$TXDWLF ,QYDVLYH6SHFLHV 1LDJDUD5LYHU7R[LFV 0DQDJHPHQW3ODQ /DNH2QWDULR6RXUFHV DQG/RDGLQJV6WUDWHJ\ %LQDWLRQDO%LRGLYHUVLW\&RQVHUYDWLRQ 6WUDWHJ\IRU/DNH2QWDULR *UHDW/DNHV$UHDVRI&RQFHUQ $2&V 0DNH3URJUHVV 8SFRPLQJ/D03$FWLYLWLHV %LQDWLRQDO([HFXWLYH&RPPLWWHH )RU0RUH,QIRUPDWLRQ

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

/ $ . ( 2 1 7 $ 5 , 2 / $ . ( : , ' ( 0 $ 1 $ * ( 0 ( 1 7 3 / $ 1 8 3 ' $7 (   &RQWLQXHGIURP3DJH

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

%LQDWLRQDO&ROODERUDWLYH5HVHDUFKDQG0RQLWRULQJ3DUWQHUV 8QLWHG6WDWHV 8QLWHG6WDWHV(QYLURQPHQWDO 3URWHFWLRQ$JHQF\ 8QLWHG6WDWHV)LVKDQG :LOGOLIH6HUYLFH 8QLWHG6WDWHV *HRORJLFDO6XUYH\ 1DWLRQDO2FHDQLFDQG $WPRVSKHULF$GPLQLVWUDWLRQ



&DQDGD 1<6WDWH'HSDUWPHQW RI(QYLURQPHQWDO &RQVHUYDWLRQ 681<%URFNSRUW 681<%XIIDOR %XIIDOR6WDWH &ROOHJH

681<(6) 5RFKHVWHU,QVWLWXWH RI7HFKQRORJ\ &ODUNVRQ8QLYHUVLW\ &RUQHOO8QLYHUVLW\

(QYLURQPHQW &DQDGD 'HSDUWPHQWRI )LVKHULHVDQG 2FHDQV 2QWDULR0LQLVWU\RI WKH(QYLURQPHQW 2QWDULR0LQLVWU\RI 1DWXUDO5HVRXUFHV

/DNH2QWDULR &RQVHUYDWLRQ $XWKRULWLHV /DNH2QWDULR &ROODERUDWLYH 8QLYHUVLW\RI7RURQWR 7UHQW8QLYHUVLW\

/ $ . ( 2 1 7 $ 5 , 2 / $ . ( : , ' ( 0 $ 1 $ * ( 0 ( 1 7 3 / $ 1 8 3 ' $7 (   &RQWLQXHGIURP3DJH

$QRWKHU SDUW RI WKH VWXG\ ZDV D ODNHZLGH DVVHVVPHQW RI ODNH WURXW SRSXODWLRQV FRQGXFWHG E\ WKH 2QWDULR 0LQLVWU\ RI 1DWXUDO 5HVRXUFHV 8QLWHG 6WDWHV *HRORJLFDO 6XUYH\ DQG 1HZ
%DOG(DJOHVDUH%DFN

:DWHU/HYHO &RQWURO6WXG\ 7KH,QWHUQDWLRQDO-RLQW&RPPLVVLRQ KDVXQGHUWDNHQDQLQWHQVLYHHIIRUWWR UHYLVHWKHFXUUHQWUHJXODWRU\SODQIRU PDQDJLQJ/DNH2QWDULR± 6W/DZUHQFH5LYHUZDWHUOHYHOVDQG RXWIORZV7KHILQDOSODQZLOOKDYH FUXFLDOLPSOLFDWLRQVIRUIXWXUH HFRV\VWHPUHVWRUDWLRQDFWLYLWLHV LPSOHPHQWHGWKURXJKWKH/D03DQG E\PDQ\FRPPXQLWLHVDURXQG/DNH 2QWDULR7KH/D03LVIROORZLQJWKH SRVVLEOHFKDQJHLQZDWHUOHYHO FRQWUROE\WKH,QWHUQDWLRQDO/DNH 2QWDULR±6W/DZUHQFH5LYHU&RQWURO %RDUGDQGWKHDGDSWLYHPDQDJH PHQWDFWLRQVWKDWZLOOEHQHHGHGWR PRQLWRUDQGPLWLJDWHDQ\SRWHQWLDO DGYHUVHLPSDFWVWRWKHHFRV\VWHP )RUPRUHLQIRUPDWLRQ ZZZORVORUJDERXWDERXWHKWPO

/DNH2QWDULREDVLQDQG8SSHU6W/DZUHQFH5LYHU EDOGHDJOHVKDYHPDGHDWUHPHQGRXVFRPHEDFN RYHU WKH ODVW WKUHH GHFDGHV WKDQNV WR KXQWLQJ EDQV KDELWDW FRQVHUYDWLRQ HIIRUWV DQG GHFOLQLQJ OHYHOV RI HQYLURQPHQWDO FRQWDPLQDQWV  7RGD\ WKHUHDUHWZR/DNH2QWDULRDQGWKUHH8SSHU6W /DZUHQFH 5LYHU VKRUHOLQH QHVWLQJ WHUULWRULHV 0RUHWKDQWZRGR]HQLQODQGQHVWLQJWHUULWRULHVDUH QRZ HVWDEOLVKHG ZLWKLQ WKH /DNH 2QWDULR EDVLQ DORQJWULEXWDULHVDQGZHWODQGDUHDVZLWKQHZQHVWVEHLQJHVWDEOLVKHGHYHU\\HDU

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‡ 3HUFHQWRIEDOGHDJOHQHVWLQJSDLUVVKRXOGIOHGJHRUPRUHHDJOHWVSHU\HDU ‡ 6KRUHOLQHQHVWLQJWHUULWRULHVDUHHVWDEOLVKHGE\ ‡ 3URWHFW&DQDGLDQDQG86SULRULW\VLWHVWRWDOLQJPRUHWKDQDFUHVE\ &RQWLQXHGLPSOHPHQWDWLRQRIPRQLWRULQJDQGSXEOLFDZDUHQHVVSURJUDPVFRPELQHGZLWKHIIHFWLYHORFDOKDELWDW FRQVHUYDWLRQHIIRUWVZLOOHQVXUHWKHVXFFHVVRI86&DQDGLDQEDOGHDJOHUHVWRUDWLRQHIIRUWV



/ $ . ( 2 1 7 $ 5 , 2 / $ . ( : , ' ( 0 $ 1 $ * ( 0 ( 1 7 3 / $ 1 8 3 ' $7 (  

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















 

   



  



  









([DPSOHVRIILVKUHVWRUDWLRQSURMHFWVDWORFDWLRQVDURXQG/DNH2QWDULRODNHVWXUJHRQVWRFNLQJ ‹2QWDULR0LQLVWU\RI1DWXUDO5HVRXUFHV  VKRUHOLQHSODQWLQJRQDQ$WODQWLFVDOPRQVWUHDP ‹2QWDULR)HGHUDWLRQRI$QJOHUVDQG+XQWHUV DVVHVVLQJWKHJURZWKRIVWRFNHG$WODQWLF VDOPRQ ‹2QWDULR0LQLVWU\RI1DWXUDO5HVRXUFHV DVVHVVLQJWKHJURZWKRI\RXQJODNHVWXUJHRQLQWKHORZHU*HQHVHH5LYHU ‹86)LVKDQG :LOGOLIH6HUYLFH PRQLWRULQJQDWXUDOUHSURGXFWLRQRIODNHWURXWLQ/DNH2QWDULR ‹86*HRORJLFDO6XUYH\ VWRFNLQJ$WODQWLFVDOPRQ ‹2Q WDULR0LQLVWU\RI1DWXUDO5HVRXUFHV VWDELOL]LQJWKHEDQNVRIDQ$WODQWLFVDOPRQVWUHDP ‹2QWDULR)HGHUDWLRQRI$QJOHUVDQG+XQWHUV  HOHFWURVKRFNLQJWRDVVHVVVXUYLYDORIVWRFNHG$WODQWLFVDOPRQ ‹2QWDULR0LQLVWU\RI1DWXUDO5HVRXUFHV VFKRROJURXSKHOSLQJWRUHVWRUHILVK KDELWDWLQDQ$WODQWLFVDOPRQVWUHDP ‹2QWDULR)HGHUDWLRQRI$QJOHUVDQG+XQWHUV $PHULFDQHHOVWRFNLQJ ‹2QWDULR0LQLVWU\RI1DWXUDO 5HVRXUFHV $PHULFDQHHOWDJJLQJ ‹2QWDULR0LQLVWU\RI1DWXUDO5HVRXUFHV ODNHWURXWVWRFNLQJRIIEDUJHLQHDVWHUQ/DNH2QWDULR ‹1HZ
/ $ . ( 2 1 7 $ 5 , 2 / $ . ( : , ' ( 0 $ 1 $ * ( 0 ( 1 7 3 / $ 1 8 3 ' $7 (  

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

1LDJDUD5LYHU7R[LFV0DQDJHPHQW3ODQ 

7KH1LDJDUD5LYHUE\SURYLGLQJDVPXFKDVFXELFIHHWRIZDWHUSHUVHFRQG aP VHF IORZLQJRYHU WKHIDOOVUHIUHVKHV/DNH2QWDULRZLWKPRUHWKDQSHUFHQWRIWKHODNH VDQQXDOZDWHUVXSSO\%XWWKLVWUHPHQGRXV YROXPHRIZDWHUKDVDOVRKLVWRULFDOO\FRQWULEXWHGVLJQLILFDQWDPRXQWVRISROOXWDQWVLQWR/DNH2QWDULR 7KH1LDJDUD5LYHU7R[LFV0DQDJHPHQW3ODQ 15703 DGRSWHGLQE\WKHIRXUJRYHUQPHQWDJHQFLHV² (QYLURQPHQW &DQDGD 8QLWHG 6WDWHV (QYLURQPHQWDO 3URWHFWLRQ $JHQF\ 86(3$  2QWDULR 0LQLVWU\ RI (QYLURQPHQWDQGWKH1HZ
/ $ . ( 2 1 7 $ 5 , 2 / $ . ( : , ' ( 0 $ 1 $ * ( 0 ( 1 7 3 / $ 1 8 3 ' $7 (  

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



7KH /D03 V VWUDWHJ\ LQFOXGLQJ SULRULWL]HG ZDWHUVKHGV IRUDFWLRQZLOOEHDVJHRJUDSKLFDOO\VSHFLILFDQGDFWLRQ RULHQWHGDVSRVVLEOHE\DQVZHULQJVXFKTXHVWLRQVDV ‡ :KLFKZDWHUVKHGVPRVWQHHGIRUHVWHGEXIIHUV DURXQGWULEXWDULHVWRUHGXFHVHGLPHQWUXQRII" ‡ :KHUHDUHWKHVSDZQLQJEHGVRIODNHWURXWWKDWQHHG WREHSUHVHUYHG"DQG ‡ +RZFDQZHDOORZILVKDFFHVVWRLPSRUWDQWKDELWDWV WKDWDUHFXUUHQWO\EORFNHGE\GDPV" 7KHVWUDWHJ\LVLQWHQGHGWREHDVFLHQWLILFDOO\JURXQGHG FRPPRQYLVLRQRISULRULW\VWUDWHJLHVWKDWSDUWQHURUJDQL ]DWLRQVFDQSXUVXH%\HQJDJLQJDELQDWLRQDOQHWZRUNRI SDUWQHUVLQGHYHORSLQJWKLVDFWLRQDJHQGDWKLVSURMHFW ZLOO HQKDQFH FROODERUDWLRQ DQG LQWHJUDWLRQ RI HIIRUWV WRZDUG DFKLHYLQJ WKH KDELWDW UHVWRUDWLRQ JRDOV RI WKH /D03

/ $ . ( 2 1 7 $ 5 , 2 / $ . ( : , ' ( 0 $ 1 $ * ( 0 ( 1 7 3 / $ 1 8 3 ' $7 (  

*UHDW/DNHV$UHDVRI&RQFHUQ $2&V 0DNH3URJUHVV 'HDOLQJZLWKKLVWRULFDOO\FRQWDPLQDWHG³KRWVSRWV´DURXQGWKH*UHDW/DNHVLVDNH\SULRULW\XQGHUWKH*UHDW /DNHV:DWHU4XDOLW\$JUHHPHQW7KHUHDUHQLQHRIWKHVH³KRWVSRWV´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

6W/DZUHQFH DW&RUQZDOO 6W/DZUHQFH DW0DVVHQD

&DQDGD %D\RI 4XLQWH 3RUW+RSH +DUERXU

7RURQWRDQG 5HJLRQ

ULR

2QWD

/DNH

2VZHJR5LYHU 'HOLVWHG 

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



/ $ . ( 2 1 7 $ 5 , 2 / $ . ( : , ' ( 0 $ 1 $ * ( 0 ( 1 7 3 / $ 1 8 3 ' $7 (  

8SFRPLQJ/D03$FWLYLWLHV 7KH/DNH2QWDULR/D03FRQWLQXHVHIIRUWVWRUHVWRUHDQG SURWHFW/DNH2QWDULRDQGLWVELRORJLFDOUHVRXUFHV 7KH /D03 V FXUUHQW ILYH\HDU ZRUNSODQ ZKLFK EHFDPH HIIHFWLYHLQ-DQXDU\RXWOLQHVKRZWKLVJRDOZLOOEH DFKLHYHG 5HGXFWLRQRIFULWLFDOSROOXWDQWVLVRISULPDU\LPSRUWDQFH WRWKH/D03DQGFRQWDPLQDQWWUDFNGRZQHIIRUWVLQWKH 8QLWHG6WDWHVDQG&DQDGDZLOOFRQWLQXHWRLGHQWLI\DQG FRQWUROVRXUFHVRISHUVLVWHQWRUJDQLFSROOXWDQWV

ODNHWURXWFRQVHUYDWLRQDQGUHVWRUDWLRQ 7KH%LQDWLRQDO %LRGLYHUVLW\ &RQVHUYDWLRQ 6WUDWHJ\ WKDW EHJDQ LQ ZLOOVHWWKHVWDJHIRUFRRUGLQDWLQJIXWXUHDFWLRQV  7KH /D03 SDUWQHUV ZLOO ILQDOL]H WKH VWUDWHJ\ VR WKDW UHVWRUDWLRQ RU SURWHFWLRQ SURMHFWV FDQ EH VHOHFWHG DQG LQLWLDWHG7KH/D03DOVRSODQVWRH[SDQGOLQNVZLWKORFDO ZDWHUVKHGDFWLYLWLHVDQGFRQWLQXHWRFRRUGLQDWHZLWKWKH /2&7KH/D03ZLOOFRQWLQXHWRZRUNZLWKWKH%LQDWLRQDO ([HFXWLYH &RPPLWWHH LQ VHWWLQJ SULRULWLHV VWUDWHJLF GLUHFWLRQDQGFRRUGLQDWLRQIRUEDVLQSURJUDPV

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

%LQDWLRQDO([HFXWLYH&RPPLWWHH 7KH %LQDWLRQDO ([HFXWLYH &RPPLWWHH %(&  LV FRPSRVHG RI VHQLRUOHYHO UHSUHVHQWDWLYHV RI &DQDGLDQ DQG 86 IHGHUDOVWDWHSURYLQFLDODQGWULEDODJHQFLHVZKRDUHDFFRXQWDEOHIRUGHOLYHULQJPDMRUSURJUDPVDQGDFWLYLWLHVWKDW UHVSRQGWRWKHWHUPVRIWKH*UHDW/DNHV:DWHU4XDOLW\$JUHHPHQW6HYHUDO1*2VKDYHEHHQJLYHQREVHUYHUVWDWXVDV ZHOO%(&DLPVWRPHHWWZLFHD\HDURUDVUHTXLUHGWR ‡ 6HWSULRULWLHVDQGVWUDWHJLF GLUHFWLRQIRUELQDWLRQDOSUR JUDPPLQJLQWKHEDVLQ ‡ &RRUGLQDWHELQDWLRQDOSUR JUDPVDQGDFWLYLWLHV

‡ 5HVSRQGWRQHZDQGHPHUJLQJ LVVXHVRQWKH*UHDW/DNHV LQFOXGLQJWDVNLQJH[LVWLQJRU FUHDWLQJQHZZRUNLQJJURXSVWR XQGHUWDNHGHVLJQDWHGDFWLYLWLHV

‡ (YDOXDWHSURJUHVVXQGHUWKH*UHDW /DNHV:DWHU4XDOLW\$JUHHPHQWDQG ‡ 3URYLGHDGYLFHFRPPHQWRURWKHU LQSXWIRUWKHSUHSDUDWLRQRIYDULRXV ELQDWLRQDOUHSRUWVDQGSUHVHQWDWLRQV



,Q&DQDGD

,QWKH8QLWHG6WDWHV

5LFN&]HSLWD (QYLURQPHQW&DQDGD

0LFKDHO%DVLOH 86(QYLURQPHQWDO3URWHFWLRQ$JHQF\

3KRQH   )D[   (PDLOULFNF]HSLWD#HFJFFD

3KRQH   )D[   (PDLOEDVLOHPLFKDHO#HSDJRY

7KH/DNH2QWDULR0DQDJHPHQW3ODQLVDELQDWLRQDOSDUWQHUVKLSDPRQJ(QYLURQPHQW&DQDGD )LVKHULHVDQG2FHDQV&DQDGD86(QYLURQPHQWDO3URWHFWLRQ$JHQF\86)LVKDQG:LOGOLIH6HUYLFH 2QWDULR0LQLVWU\RI(QYLURQPHQW2QWDULR0LQLVWU\RI1DWXUDO5HVRXUFHVDQG 1HZ
.=/D038SGDWHV?/DNH2QWDULR/D038SGDWHY*5$

)RU0RUH,QIRUPDWLRQ 3OHDVHYLVLWRXU:HEVLWHDWZZZELQDWLRQDOQHWRUFRQWDFW

Related Documents