Agenda 11-02-23; 4-a - Resolution Endorsing Consensus Principles II for Revised Falls Lake Rules

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=62 more reasonable and adaptative approach. This approach is similar to the IAIA where the Stage I Existing Development Rules reference the IAIA Program Document as the joint-compliance approach. The initiation date of the revised nutrient management strategy will be determined by the readoption of the Falls Lake Rules which must be achieved in accordance with Session Law 2018-5. This session law specifies that the EMC must begin rule re-adoption no later than December 31, 2024. It is anticipated by DWR that readoption of the rules will occur no later than 2027. The current IAIA program has an initial 5-year investment commitment. The program began on July 1, 2021, and is scheduled to end on June 30, 2026. Depending on the status of rule readoption, the IAIA program may need to be renewed to continue compliance with the Stage I Existing Development Rule. Implementation of the revised strategy will need to take into consideration the status of the IAIA. Previous and ongoing nutrient reduction activities and projects, including those implemented prior to and under the IAIA will be credited as actions, investments, and/or reductions in the revised strategy. The UNRBA and its members are committed to making sure that projects and activities implemented prior to readoption of the rules are included in the framework for compliance with the readopted Falls Lake Nutrient Management Strategy. Reporting Annual reports would be submitted by each Tier 1 member to DWR. These annual reports will list all eligible projects and activities implemented under the program and include an assessment of compliance with respect to minimum investment requirements. Copies of annual reports will be provided to the Watershed Organization for tracking and summary purposes.The Watershed Organization will provide a summary report each year to DWR that summarizes the total investments and commitments for the previous fiscal year. Annual reports from Tier 1 members would be submitted to DWR (with copy to the Watershed Organization) by September 30th following the end of each fiscal year. A summary report based on the individual reports would be generated for consideration by the Watershed Organization at their following meeting in November with submittal to DWR by November 30th. Regardless of the type of funding arrangement used to demonstrate participation under the revised strategy, each Tier 1 member will need to report, in accordance with the program document, the following types of information depending on the funding option utilized (i.e., as information is available). A template for reporting has been developed to support the IAIA Program and can be modified to support this expanded program: • Funding option and partners • Primary organization responsible for management and distribution of funds • Types and locations of projects and activities planned and linkage to addressing water quality in the watershed and the Lake • Status of projects and activities (e.g., permitting, construction, completion status) Funds allocated (cash and in-kind) • Estimated nitrogen and phosphorus reductions associated with projects and activities if quantifiable, or other tracking metric, based on the information available for the action/project, for activities without State-approved nutrient credits(e.g., acres conserved, linear feet of pipe repaired). Nutrient credits determined and based on approved crediting methods effective at the time the project is planned, designed, and developed that may be needed for any future credit accounting requirements will not be decreased at a later time based on revisions to credit accounting methods or assumptions. Note that for projects related to agriculture,Tier 1 43