Download - The Smart Farm Project
LEAD ORGANIZATION:
Elphinstone Farm CorporationBowen Island Properties
AN EXPLORATION OF SMALL FARM CO-HOUSING
Sara Dent
Partial funding for this project has been provided by Agriculture and Agri-Food Canada through the Canadian Agricultural Adaptation Program (CAAP). In British Columbia, this program is delivered by the Investment Agriculture Foundation of BC.
Agriculture and Agri-Food Canada (AAFC) is committed to working with industry partners. Opinions expressed in this document are those of Deer Crossing the Art Farm and not necessarily those of AAFC or the Investment Agriculture Foundation.
Farm Folk/City Folk and Young AgrariansCommunity FuturesOne Straw SocietyVOICE on the CoastSunshine Coast Regional District
IN COLLABORATION WITH:
FUNDERS:
SPONSORS:
PARTNERS:
HOW IT BEGAN 3Intro by Chad Hershler
OVERVIEW 4
CONSULTANT TEAM 5It’s all about the people
CHARTING THE COURSE 6Methodology, challenges and lessons learned
CONSIDERATIONS 7A simple checklist
CASE STUDIES 7-15 Storvold Rd, Langdale King Rd, Elphinstone Lower Rd, Roberts Creek Lockyer Rd, Roberts Creek LOOKING FORWARD 16Recommendations and opportunities
APPENDIX 17
TABLE OF CONTENTS
The SMART FARM Project
Two years after my wife Sandy and I moved from East Van to a spectacular five-acre prop-erty on the Sunshine Coast, 40 acres of Agricul-tural Land Reserve (ALR) forest next to us was bulldozed and carved into eight more five-acre lots. Twenty-five years earlier, the land we were living on was cleared, bulldozed and removed from ALR just the same—so we couldn’t really complain about the loss of precious wilderness or farmland. That was until we saw the cov-enants. Buyers of these lots are legally bound to build a minimum 3,000-square-foot home with a minimum two-car garage. The forest wasn’t just cleared and removed from the ALR: it was cleared to build estate lots. This just didn’t seem fair at all.
Let me explain. When we first moved onto the land, Sandy and I had this wildly ambitious dream: we wanted to build an artist retreat on a farm just a short ferry ride away from the big city. That dream vanished in a fast descending fog of reality (“What do you mean we have to put in another septic field? What’s a septic field?”) and we were left wondering what on earth we were doing. One day, overlooking our empty fields, my wife turned to me. “We’re zoned for farming, right?” I nodded. “And we’re artists,” she continued. “So let’s be an art farm.”
Those two words side by side were all the fertil-izer we needed. We had no idea what the term “art farm” meant but it didn’t matter. We called ourselves an art farm, and people—from all sorts of backgrounds and professions—emerged, throwing their thoughts, ideas and projects into the mix. We started a non-profit organization called “Deer Crossing the Art Farm,” running arts and nature-driven programming on our prop-erty and out in the community, and The Art Farm harvest grew bigger and bigger every year. From festivals to productions to workshops, it was hard to keep up with the bounty!
Then we started to explore how we could create, you know, a ‘farm’ on The Art Farm.
BY CHAD HERSHLER
The SMART FARM Project | page 3/17
ing one. This project has been inspiring from the get-go. Whether you’re a regional planner, a farming advocate, an economic development officer, a retiree, a non-profit organization, a farm, a farmer or someone just like me with nothing but a vision and relentless (some might say: naïve) determination, we hope the outcomes of this exploration into small farm co-housing helps you kick-start some Smart Farms of your own. This has brought the dream a whole lot closer to reality for us. May it do the same for you and yours.
How is it that, in an age of food security crises and the skyrocketing value of land, where the average age of farmers is in the mid-50s and creeping higher, our ‘current zoning’ allows for estate developments such as the one next door to us, but doesn’t allow for a low footprint cluster develop-ment that might actually make farming viable for the next generation of farmers?- Chad Hershler
Clearly we had the art side taken care of; the farm side… not so much. We aren’t farmers. We have all the respect in the world for farmers, but we aren’t the ones to make it happen. So we set out to recruit some young farmers onto the land.
Our first challenge was where to house them? There is one 1,000-square-foot home that we live in and a one-room cabin in the woods. We could bring in volunteers for a few weeks at a time but no farming family was going to move to a piece of land they don’t own with nowhere to live. Our ownership situation is tenuous enough, as it is. Sandy and I share ownership of the land with my parents. It was the only way we could make the leap in the first place. My parents are supportive of our vision but have no desire to live on the land. We realized if we were going to buy my parents out, invest in more housing and start a farm, we’d need more than one other family to make this happen: two more, at the very least. Yet when we proposed a cluster development (that would take up the same or less square footage then your average 6,000-square-foot estate home) to our local planner he explained that our current zoning wouldn’t allow it.
And that brings us back to those eight five-acre covenanted lots beside us. How is it that, in an age of food security crises and the skyrocketing value of land, where the average age of farm-ers is in the mid-50s and creeping higher, our “current zoning” allows for estate developments such as the one next door to us, but doesn’t allow for a low-footprint cluster development that might actually make farming viable for the next generation of farmers?
This is the issue the Smart Farm Project tries to address. There are, it turns out, many challenges to developing a small farm co-housing model. From the legal quandaries around ownership, to the economic feasibility of small farming, to zoning complications, building a Smart Farm is not a simple endeavour. It is, however, an excit-
HOW IT BEGAN
Chad Hershler and daugher Maggie
on the Art Farm
A quick scan of the 2011 Census of Agriculture paints a bleak picture. The average age of farmers in Canada is 55, with more than 48% over the age of 55. Only 8% of our farmers are younger than 35. The number of farmers dropped 10% from 2006 to 2011, as did the number of farms. The reasons are simple. In most of our provinces, land costs too much and farming makes too little. This is a national crisis that requires collaborative innovation between the public, private and community-driven sectors. The Smart Farm Project is an exploration of several such innovations.
In BC, the ALR—and the Agricultural Land Commission that oversees it—was established to protect farmland from the pressures of development and urban sprawl. Rules and regulations need to be firm to withstand this pressure. But rural municipalities and regional districts across BC have jurisdiction over thou-sands of hectares of potential farmland out-side the ALR. These properties are generally smaller than average ALR lots, are typically serviced and cleared and in many cases have some type of housing already in place. The Smart Farm Project explores whether increased density on such lots using low foot-print cluster designs could catalyze small farms and provide affordable housing for the younger generation of farmers we so desper-ately need.
The project went through several stages, beginning first with market research, moving into an outreach phase for data and recruit-ment of volunteers for the case studies to come. The consultant and management team selected four case study properties that reflected a diversity of geography, ownership and potential farm yield. The team collabo-rated on a Smart Farm proposal for each property, including farm plan, designs, legal recommendations and a feasibility analysis. The case-study approach allowed the team to explore this innovation across a spectrum of
potential proposals, from the unconventional co-operative driven model through to the more conventional developer-driven model.
The findings were daunting, surprising and exciting all at the same time. There is a signifi-cant amount of front-end work—from the business plan to legal considerations to rezoning—required to establish these propos-als. That said, on the Sunshine Coast where this project is based, they garnered little to no resistance at the government or regulatory level. There is a growing (almost desperate) desire for more local farms and this desire has translated into an openness to alternative solutions. Lastly, the number and diversity of people who are interested in exploring the Smart Farm concept—here on the Sunshine Coast and elsewhere—means these proposals are not just viable; the proposals are achiev-able. With continued support from funders and local government, Smart Farms have the potential to play a pivotal role in attracting young farmers and catalyzing new farms across BC and Canada.
The SMART FARM Project | page 4/17
OVERVIEW
Sara Dent
Sara Dent
The number of farmers dropped 10 % from 2006 to 2011, as did the number of farms. The reasons are simple. In most of our provinces, land costs too much and farming makes too little.
The SMART FARM Project | page 5/17
CONSULTANT TEAMTHE SMART FARM PROJECT - IT’S ALL ABOUT THE PEOPLE -Among the many things learned, or reinforced, during this project was the simple truth that people and relationships are critical to the success of any collaborative enterprise. All aspects of the project involved focused engagement with one or more stakeholder group.
The universe of stakeholders in the Smart Farm Project includes: individuals and families interested in exploring the possibility of small farm co-housing; people and organizations already engaged in related activities such as food security and affordable housing; local government and their planning departments; and consultants with the passion and capac-ity to support the work.
One of our recommendations to others seeking to explore a Smart Farm model is to factor in the time and expense involved in developing and managing relationships with stakehold-ers, as well as to ensure that the individuals at the helm of such endeavours have strong people and communication skills. In many respects, such skills are more important than experience or knowledge in farming or co-housing.
The following organizations were instrumental in helping spread the word about the project. Representatives attended meetings, gave critical input around the market for alternative farm and housing models, and pointed us to other sources of information:
ONE STRAW SOCIETY YOUNG AGRARIANS FARM FOLK/CITY FOLK VOICE ON THE COAST SOCIETY UBC FARMS COMMUNITY FUTURES SUNSHINE COAST REGIONAL DISTRICT
Based upon our research we would expect that similar stakeholder organizations exist in communities throughout BC and Canada. We would recommend creating an inventory of such stakeholders for outreach and capacity building.
The Smart Farm Project benefited from a solid consultant and management team who brought their respective expertise to the table – literally as well as figuratively given the number of meetings that involved good and locally grown food!
BRIAN W. SILVER Architectural consultation and research for each site, creation of example home designs and building systems research. www.silverleafsustainable.com
IONE SMITH Agrologist services to assess feasibility and develop farm plans for each potential Smart Farm sitewww.uplandconsulting.ca
MELANIA CANNON Consideration of legal questions and issues arising from the land uses and business concepts explored in the Smart Farm models [email protected]
RHONI WHYARD Market research on the Smart Farm modelswww.rwbusinesssolutions.com
SCOTT HUGHES Financial framework development and feasibility analysis for the Smart Farm models [email protected]
VALERIE NASH Project planning and facilitation, assistance drafting of written materials for community engagement and [email protected]
CHAD HERSHLER Project managementwww.chadhershler.com
SANDY BUCK Outreach and [email protected]
BETH HAWTHORNGraphic design and layoutbethhawthorn.com
More in-depth bios found in the Appendix.
The Smart Farm project
gives local governments
and community members
the opportunity to
increase vitality and
productivity in rural
areas, while fostering
stronger community ties.
-Melania Cannon
ZONING RECOMMENDATIONSThese proposals now in place, legal consultant Melania Cannon and design consultant Brian Silver, in collaboration with planners from the Sunshine Coast Regional District, devised a ‘Smart Farm’ zone that satisfied the needs of both local government and prospective Smart Farm propo-nents. Details on the Smart Farm zone can be found in the appendix.
The SMART FARM Project | page 6/17
COORDINATION Our methodology for coordination consisted of initial meetings with the consultant team and landowners in order to map out the project work plan, supplemented by individual meetings and conference calls. There were no notable or unexpected challenges in this area, mostly due to the fact that we had a designated Project Manager and experi-enced consultants who were highly committed to the success of the project.
CHARTING THE COURSE
MARKET RESEARCHConsultant Rhoni Whyard undertook initial market research to ensure our outreach and site planning was well informed by existing community farms and co-housing projects.
SITE PLANNING With an overwhelming response from landowners and potential farmers on the Sunshine Coast during the outreach component, the consultant and management team decided to select four properties as case studies.
Our selection process was based on the need for diversity within the parameters of the project. The parameters were: the land had to be outside the ALR and it had to be between five and twenty acres in size. On the diversity side, we wanted the case studies to represent a range of current zoning, proximity to town and village centres, level of current development on land, and types of personalities leading the projects.
As the Art Farm currently leases a five-acre parcel of land that the organization is interested in developing into a Smart Farm pilot, the project team needed to identify three more properties for the project. The team met with other prospective or current property owners and con-ducted an initial informal interview to ensure they understood the nature of the project and the time commitment required of them as well as the benefits that the project offered to them and the community at large. The team settled on two more properties with owners interested in developing Smart Farm pilots of their own and a third property upon which we could present a developer-driven model. With four properties selected, the project team then focused on delivering a clear and concise proposal for each property. This proposal included a farm plan, a design plan for housing and legal recommendations around land, housing and farm owner-ship.
This section will look at our project methodology with a view to providing guidance for those inspired to explore their own Smart Farm initiatives.Smart Farm Project activities included:
i
$
COORDINATION | MARKET RESEARCH | OUTREACH | SITE PLANNING |
ZONING RECOMMENDATIONS | FEASIBILITY ANALYSIS
OUTREACHThe purpose of project outreach was to identify and engage individuals who have an interest in the development of small farm co-housing models either as owner/farmers, tenants, sellers or consumers of farm produce, or through their roles as local planners or land use, food security and/or affordable housing advocates.
Community outreach activities included participation at the “Living the New Economy” confer-ence in Vancouver, a presentation to the local chapter of the Planners Institute, community potluck and farm tour (Sole Farm) in Vancouver, a community potluck info session at one of the Smart Farm case study sites (Upper Roberts Creek), and a dialogue/discussion with Heather Pritchard of Farm Folk/ City Folk hosted by the Regional District as part of their Agricultural Area Plan. Combined, these activities engaged more than 250 individuals.
Much was gained from partnering with organizations that are already engaged in congruent efforts related to food security, land management and affordable housing. Such an entity has an established database of members and the capacity to mobilize an already interested constituency.
FEASIBILITY ANALYSISThe final step in the process was a feasibility analysis to ensure a realistic fiscal plan for each proposal could be achieved. This analysis, led by consultant Scott Hughes, used a cash-flow template—relying on con-struction estimates for the housing and expense/revenue projections for the farms—to create a five-year financial road map for each case study.
The SMART FARM Project | page 7/17
CASE STUDY 2King Rd, Elphinstone
CASE STUDY 1Storvold Rd, Langdale
CASE STUDY 4Lockyer Rd, Roberts Creek
CASE STUDY 3Lower Rd, Roberts Creek
A non-profit/social enterprise- driven approach.
A developer-driven approach.
A cooperative-driven approach.
An entrepreneurial approach.
THE SMART FARM PROJECT CASE STUDIES
CONSIDERATIONS
UNDERSTAND THE MOTIVATIONS AND NEEDS OF THE LANDOWNERS What are their financial needs, values and lifestyles? Also, are there any constraints, unique circumstances or opportunities?
ASSESS LAND USE POTENTIAL AND LIMITATIONS What is the current zoning? What raw materials are available including existing trees and plants, soil quality, water systems and drainage, sun exposure, existing structures, property size and loca-tion, proximity to centers, acreage? And what are the options for housing (full ownership, shared ownership, rental)?
UNDERSTAND LOCAL CONDITIONS AND NEEDS Are there food security concerns and needs, housing needs, prox-imity with and concerns of immediate neighbors? Is there sufficient political and community will and openness for change and alterna-tive lifestyle choices?
IDENTIFY SOCIAL CAPITALWho and where are the local individuals and groups with expertise in areas such as land use, financial feasibility, market research, legal structure, architecture and design?
THE FOLLOWING FOUR CASE STUDIES ARE THE PRODUCTS OF THIS PROCESS.
The case study approach provided both diversity and complexity to the process. In order to develop a balanced proposal for each property, the project team had to focus its work around four key considerations:
Please note that the case studies to follow are high-level descriptions of each proposal. For in-depth analysis and details, please refer to the related case study section of the Appendix.
CURRENT SITE MAP
The SMART FARM Project | page 8/17
Building Setback Line
Property Line Multi-use Space
WellResidence Septic Field
Barn
CURRENT OWNERSHIP STRUCTURE: Co-owned by Sandy Buck, Chad Hershler and family investment company
HOUSING: 1,000 square-foot two-bedroom bungalow, and a one-room cabin in the woods
ZONING: RU2
CURRENT LAND USE: Office, workshop, studio and sleeping facilities for non-profit society (the Art Farm) + spin farm
FARM/GARDEN: Hoophouse farmed by spin farmer, tomatoes and peppers
VALUE OF LAND: $575K
FEASIBILITY: Farm/land ownership subsidized by investment company, non-profit operating revenue growing
Cabin
NORTH
CASE STUDY 1Storvold Rd, Langdale4.96 acres
The SMART FARM Project
Laurel Hedge Spiral
“I feel strongly our land should be shared. The more people that take care of the land, the more the land will give back.” -Sandy Buck
An Art Farm Event Sandy Buck and son Sky on the Art Farm
PROPOSED SITE MAP
The SMART FARM Project | page 9/17
OWNERSHIP STRUCTURE: Strata corporation with four owners, three homeowners + non-profit society (the Art Farm)
HOUSING: Three 2,000 square-foot two and a half story energy efficient homes in cluster-development, camping and detached bedroom areas for volunteers/interns ZONING: Smart Farm (See Appendix)
PROPOSED LAND USE: Art Farm-managed farm, office/workshop/studio/ sleeping facilities for Art Farm programming, housing for three families (including farmer)
FARM/GARDEN: Blueberries, veggies, goat’s milk, goat’s cheese – Revenue Year 1 $42K, Year 3 $49K
COST OF DEVELOPMENT: $575K land + $780K construction + $57K farm costs
FEASIBILITY: Non-profit-driven with combination of bridge-financing, farm loans, grants and donations
PLOT 7
PLOT 1 PLOT 2 PLOT 3 PLOT 4
PLOT 5 PLOT 6 BEES
HOOPHOUSE
HOOPHOUSE
PLOT 7
BEES
BEES
Multi-use Space for Art Farm Programs
Well
PLOT 1
PLOT 2
PLOT 3
PlLOT 4
PLOT 5
PLOT 6
Cheese-making Building
Volunteer Cabin Septic Field Second Well Septic Field3 Residences
Barn for Housing Goats
HOOPHOUSES FRUIT TREES NUT TREES
NORTH
STO
RVO
LD R
OA
D
CASE STUDY 1Storvold Rd, Langdale4.96 acres
The SMART FARM Project
The SMART FARM Project | page 10/17
CURRENT OWNERSHIP STRUCTURE: Owned by an individual
HOUSING: Condemned single family home (rancher)
ZONING: RU1, Elphinstone Official Community Plan Comprehensive Development Cluster Housing Area 4
CURRENT LAND USE: Unused
FARM/GARDEN: None
VALUE OF LAND: $335K
FEASIBILITY: Land not actively farmed, site marketed as residential dwelling site only
CURRENT SITE MAP
Building Setback Line
Driveway
Condemned House
Property Line
Septic Field
KING ROAD
CHA
STER
RO
AD
MAPLE GROVE
NO
RT
H
CASE STUDY 2King Rd, Elphinstone5.01 acres
The SMART FARM Project
"It’s important to show that Smart Farms can be driven by visionary collectives AND by visionary developers."-Chad Hershler
The SMART FARM Project | page 11/17
OWNERSHIP STRUCTURE: Bare land strata corporation with six strata units
HOUSING: Six 2,000 square-foot homes and renovated heritage farm cottage
ZONING: Comprehensive Development Zone (similar to the Roberts Creek co-housing CD 1 zone)
PROPOSED LAND USE: Small community of six family homes, farm and heritage cottage managed by provincial or regional farm trust
FARM/GARDEN: Blueberries, vegetables – Revenue Year 1 $67K, Year 3 $81K
COST OF DEVELOPMENT: $350K land + $1,878K construction + $25K farm costs
FEASIBILITY: Revenues from sale of six residential properties fund the land and farm capitalization cost, then farm and heritage farm cottage are donated to regional farm trust for management
PROPOSED SITE MAP
HOOPHOUSESBEES
FRUIT TREES NUT TREES
PLOTS 1 & 2
HO
OPH
OU
SE 2
HO
OPH
OU
SE 1
Building Setback Line Public Pathway
Wetland Septic System(Public Sustainable DemonstrationProject)
Renovated HeritageFarm Cottage
Property Line
6 Homes
Community Gathering Space
Septic Field
Shared One-wayDriveway With Parking
KING ROAD
CHA
STER
RO
AD
BEES
PLOT 1
PLOT 2
MAPLE GROVE
NO
RT
H
CASE STUDY 2King Rd, Elphinstone5.01 acres
The SMART FARM Project
"Much like how density-bonuses have re-invigorated the Downtown Eastside in Vancouver, swapping increased density for fully capitalized farms could be a powerful force in re-invigorating farming on the Sunshine Coast.” -Chad Hershler
The SMART FARM Project | page 12/17
CURRENT OWNERSHIP STRUCTURE: Owned by Scott Avery
HOUSING: One workshop and three auxiliary buildings
ZONING: RU2
CURRENT LAND USE: Experimental building structures, permaculture exploration lead by tenant Dana Wilson
FARM/GARDEN: Small garden plot, small greenhouse
VALUE OF LAND: $500K
FEASIBILITY: Limited greenhouse agriculture, land supported primarily by external income sources
“Ecology and Happiness should always trump Economics.” -Scott Avery
“With the increasing divide between rich and poor, the growing demand for affordable housing and developing need to localize food systems, creating sustainable, holistic and regenerative communities is the highest priority.” -Dana Wilson
CURRENT SITE MAP
POND
Workshop
Property LineBuilding SetbackLine
15m Creek Setback
30m Creek Setback
Driveway
NORTH
Scott Avery
Dana Wilson
CASE STUDY 3Lower Rd, Roberts Creek5.07 acres
The SMART FARM Project
Jonathan H. Lee
KING ROAD
Auxiliary Buildings
The SMART FARM Project | page 13/17
OWNERSHIP STRUCTURE: Owned by Scott Avery
HOUSING: Six-seven detached bedroom spaces clustered around an Earthship-style communal home
ZONING: Smart Farm (See Appendix)
PROPOSED LAND USE: Farming and permaculture educa-tion, affordable housing for young adults interested in a simple living style and farming
FARM/GARDEN: Native and imported herbs, fruit trees, vegetables, eggs – Revenue Year 1 $62K, Year 3 $86K
COST OF DEVELOPMENT: $85K construction + $25,580 farm costs
FEASIBILITY: Additional development brings new families to the farm to expand agricultural activity on the site and support a steady state, closed loop farming community using experimental and sustainable farming practices
PROPOSED SITE MAP
HOOPHOUSES BEESPLOTS 3 & 5 PLOT 3 & 5PLOTS 1, 2, 4 & 7 PLOT 6 PLOT 8
POND
POND
POND
Detatched Bedroom Spaces
Detatched Bedroom Spaces
Driveway
HOOPHOUSE
Multi-use Space Workshop
PLOT 6
PLOT 5
PLOT 8
PLOT 7
PLOT 4
PLOT 3
PLOT 1
PLOT 2
BEES
BEES
15m Creek Setback
30m Creek Setback
Earthship-style communal home
NORTH
Attached greenhouse in
Earthship-style communal home
CASE STUDY 3Lower Rd, Roberts Creek5.07 acres
The SMART FARM Project
KING ROAD
The SMART FARM Project | page 14/17
CURRENT OWNERSHIP STRUCTURE: Co-owned by Beth Hawthorn and Robert Studer
HOUSING: 3,200 square-foot single family home
ZONING: RU1
CURRENT LAND USE: Design and art studio, special events
FARM/GARDEN: Small garden with mixed veggies and fruit, chickens
VALUE OF LAND: $775K
FEASIBILITY: Land not currently active in agricultural production, land funded by studio and event revenues and external income
“After living on the property for over seven years it became obvious than 4.67 acres was more than enough room for us. In fact, what it really needs is a farmer who can bring the property fully alive.” -Beth Hawthorn
CURRENT SITE MAPNORTHThe SMART FARM Project
CASE STUDY 4Lockyer Rd, Roberts Creek4.67 acres
The SMART FARM Project
Well Multi-use Space
FLUM
E CRE
EK
Residence
Septic Field
Storage Area
Building Setback Line
Property Line
30m Creek Setback
15m Creek Setback
LOCK
YER
ROAD
POND
GARDEN
Robert Studer
with son Marcel
Beth Hawthorn
NORTH
The SMART FARM Project | page 15/17
CarportPLOT 3
HOOPHOUSES
BEES FRUIT TREESNUT TREES
PLOT 1& 2 PLOT 4
PLOT 5 PLOT 6
PLOT 4PLOT 1 & 2 PLOT 3
OWNERSHIP STRUCTURE: Co-owned by Beth Hawthorn and Robert Studer, with the potential to build and sell part of a strata duplex
HOUSING: Two 1,600 square-foot strata homes and existing single family home ZONING: Smart Farm (See Appendix)
PROPOSED LAND USE: Multi-business shared space, retreat centre, kale chip manufacturing
FARM/GARDEN: Kale, mixed berries, veggies, eggs – Revenue Year 1 $64K, Year 3 $92K
COST OF DEVELOPMENT: $526K construction + $103K farm and production investment
FEASIBILITY: Construction and sale of two residential homes provides equity to invest in farming and kale chip production on the site
PROPOSED SITE MAPThe SMART FARM Project The SMART FARM Project
CASE STUDY 4Lockyer Rd, Roberts Creek4.67 acres
The SMART FARM Project
FLUM
E CRE
EK
Roof-water Storage Tower
Well
HOOPHOUSE
HOOPHOUSE
POND
PLOT 1
PLOT 2
PLOT 3
PLOT 4
PLOT 5
Residence
Roof WaterStorage Tower
Expanded Septic Field
Proposed DrivewayExtention
ResidentialDuplex
Roof / Ground-water Storage Tank
Second Well
Packing & Storage Area
Multi-useSpace
LOCK
YER
ROADPLOT 6
What did the Smart Farm Project teach us? There is a growing interest in the Smart Farm concept from individuals with diverse backgrounds and motivations. Local government, represented in this project by the Sunshine Coast Regional District and Vancouver Coastal Health, is receptive to the idea of small farm co-housing and willing to work with proponents. All four Smart Farm case studies are feasible from both a planning and economic/self-sufficiency perspective. While the co-housing component presents the most chal-lenges and complications, it is a necessity in all cases to catalyze (and capitalize) the farm opera-tions.
Recommendations and Opportunities We would like to offer the following guidance for those seeking to establish or support Smart Farms:
1. ESTABLISH A SMART FARM COLLECTIVE that will allow you to leverage common resources, reduce duplication of efforts and provide peer support.
2. COLLABORATE WITH OTHER STAKEHOLDER ORGANIZATIONS in your area whose missions are congruent with the Smart Farm concept.
3. CONDUCT OUTREACH AND RESEARCH upfront to determine whether there is a market and appetite for locally grown food and a need for alternative housing or lifestyle options.
4. WORK WITH PROFESSIONALS to develop initial farm/design plans and to set up the legal structure for the project. It is time and money well spent.
5. ENGAGE LOCAL GOVERNMENT to develop local zoning that can integrate the Smart Farm concept effectively into Official Community Plns and Agricultural Area Plans.
LESSONS LEARNED, LOOKING FORWARD
This smart farm proposal provides many
examples of how we can make it ea
sier
for people to collaborate w
ith like-
minded individu
als and work together to
live their dre
am of a fulfilling rural
lifestyle. -Brian Silver
The SMART FARM Project | page 16/17
The Role of FundersThe Smart Farm Project would not have been possible without the financial support provided by the Real Estate Foundation of BC, Investment Agriculture Foundation and our other sponsors and funders.
Moving forward with the Smart Farm Project, there are continued opportunities to engage funders who are interested in supporting innovation in land use and local food production. It would be of value to consider what these opportunities are beyond the obvious investment in the coordination of a Smart Farm pilot and continued documentation of the development process.
In a larger and broader sense, we also see potential for the funder community to play a role in establishing a regional Smart Farm strategy or movement, supporting activities such as advocacy, outreach, capacity building, and education.
Beth Hawthorn
For complete Appendix or to access digital support material please visit: www.deercrossingtheartfarm.org/smartfarm
You are free to share. Please send a link to your local government and start the dialogue for an initiative like this in your region.
For more information contact: Chad Hershler [email protected]
November 2013
Sara Dent
The SMART FARM Project | page 17/17
WANT MORE DETAILS?
Check out our Appendix for:
•Consultant bios •Market Research •Legal Overview •Feasibility Analysis •Additional Farm Notes •Additional Design Notes
And in-depth analyses from our consultants on all four Smart Farm case studies
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 1/124
!
! !
The Smart Farm Project!!!!!!!!!!!!!!!!! APPENDIX
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 2/124
!
!
"#$%&!'(!)'*"&*"+!!
"# $%&'()*+&*!,-%'!!#################################################################################################################!.!
/# 0+123*!43'3+156!!###############################################################################################################!7!
.# 839+)!:;31;-3<!!##################################################################################################################!/=!
># ?3+'-@-)-*A!B&+)A'-'!!############################################################################################################!=C!
=# $+'3!D*(EA!"F!D*%1;%)E!4EG!8+&9E+)3!!#################################################################################!==!
+# ?+1H!I)+&!!@# J3'-9&'!!5# 839+)!+''3''H3&*!E# ?3+'-@-)-*A!+''3''H3&*!
K# $+'3!D*(EA!/F!L-&9!4EG!M)N6-&'*%&3!!###################################################################################!7>!
+# ?+1H!I)+&!!@# J3'-9&'!!5# 839+)!+''3''H3&*!E# ?3+'-@-)-*A!+''3''H3&*!
7# $+'3!D*(EA!.F!8%<31!4EG!4%@31*'!$1332!!############################################################################!O.!
+# ?+1H!I)+&!!@# J3'-9&'!!5# 839+)!+''3''H3&*!E# ?3+'-@-)-*A!+''3''H3&*!
O# $+'3!D*(EA!>F!8%52A31!4EG!4%@31*'!$1332!!##########################################################################!P=!+# ?+1H!I)+&!!@# J3'-9&'!!5# 839+)!+''3''H3&*!E# ?3+'-@-)-*A!+''3''H3&*!
P# BEE-*-%&+)!J3'-9&!Q%*3'!!###################################################################################################!"CO!
"C# BEE-*-%&+)!?+1H!Q%*3'!!!#####################################################################################################!""=!
! !
The Smart Farm Project!:!BIIMQJRS!
TABLE OF CONTENTS !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 3/124
!
!
! !
The Smart Farm Project!!!!!!!!!!!!!!!!! CONSULTANT BIOS
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 4/124
!
,-'.&)"!"&#/!$0'+!!
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
/&%#*0#!)#**'*! !)=>?7@94;87=>!=A!<9F;<!K:9?87=>?!;>@!7??:9?!;47?7>F!A4=D!869!<;>@!:?9?!;>@!G:?7>9??!5=>59E8?!9CE<=49@!7>!869!+D;48!(;4D!D=@9<?!
BU*31!5%HN)3*-&9!631!0#B#!-&!W-'*%1A!+&E!631!`#J#!+*!_,$G!03)+&-+!'31;3E!+'!+!5)312!*%!*63!D(N13H3!$%(1*!
%U!,1-*-'6!$%)(H@-+#!03)+&-+!*63&!5%HN)3*3E!631!+1*-5)3'!+*!a%(&9G!B&E31'%&#!D63!<3&*!%&!*%!N1+5*-53!+*!
*63!U-1H!+'!+&!+''%5-+*3!<6313!'63!<+'!-&;%);3E!<-*6!+!;+1-3*A!%U!)-*-9+*-%&!+&E!13'3+156!N1%b35*'G!
-&5)(E-&9!E1+U*-&9!'(@H-''-%&'!U%1!*63!$%(1*!%U!BNN3+)!%U!,1-*-'6!$%)(H@-+!+&E!*63!D(N13H3!$%(1*!%U!
!
The Smart Farm Project!:!BIIMQJRS!CONSULTANT BIOS !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 5/124
!
$+&+E+#!03)+&-+!6+'!3V*3&'-;3!3VN31-3&53!<%12-&9!<-*6!N%)-5A!H+231'!+&E!)39-')+*%1'G!63)N-&9!*63H!*%!N1%;-E3!'31;-53'G!9%;31&!*63-1!5%HH(&-*-3'G!+&E!@+)+&53!5%HN3*-&9!-&*313'*'!+H%&9!*63-1!5%&'*-*(3&*'#!03)+&-+!913<!(N!-&!+!U+1H-&9!5%HH(&-*A!+&E!5%&*-&(3'!*%!6+;3!+&!+NN135-+*-%&!%U!*63!&33E!*%!-&513+'3!;-*+)-*A!+&E!N1%E(5*-;-*A!-&!1(1+)!+13+'#!D63!5+&!@3!13+563E!+*F!H3)+&-+#5+&&%&c9H+-)#5%H#!!
-I'*0!1IL#-M!! !/;4N98!49?9;456!=>!+D;48!(;4D!D=@9<?!!B'!*63!%<&31!%U!4d!,('-&3''!D%)(*-%&'G!46%&-!<%12'!<-*6!+!;+1-3*A!%U!5%HN+&-3'!+&E!%19+&-[+*-%&'!*61%(96%(*!,$!N1%;-E-&9!@('-&3''!N)+&!+&E!'*1+*39-5!H+123*-&9!E3;3)%NH3&*#!D63!6+'!<%123E!%&!+!E-;31'3!+11+A!%U!N1%b35*'!-&5)(E-&9!'3;31+)!%&!*63!D(&'6-&3!$%+'*!<6313!'63!6+'!)-;3E!U%1!*63!N+'*!O!A3+1'#!$)-3&*'!6+;3!-&5)(E3E!D(&'6-&3!$%+'*!439-%&+)!J-'*1-5*G!,$!8%9!e!X-H@31!W%H3!,(-)E31'!B''%5-+*-%&G!$%HH(&-*A!?(*(13'G!+&E!,$!0-&-'*1A!%U!?%13'*G!8+&EG!+&E!Q+*(1+)!43'%(153!:N31+*-%&'!+&E!J331!$1%''-&9!*63!B1*!?+1H#!!83+1&!H%13!+*F!!6**NF\\<<<#1<@('-&3'''%)(*-%&'#5%H#!!
+)'""!IOPI&+!! !(7>;>57;<!A4;D9Q=4N!@9J9<=ED9>8!;>@!A9;?7G7<78H!;>;<H?7?!A=4!869!+D;48!(;4D!D=@9<?!!!D5%**!W(963'!-'!I1-&5-N+)!%U!$+N+5-*A!,(-)E!$%&'()*-&9!+&E!-'!+!)3+E-&9!'%5-+)!U-&+&53!N1+5*-*-%&31!+''-'*-&9!%19+&-[+*-%&'!*%!%;315%H3!*63!56+))3&93'!%U!U-&+&5-+)!H+&+93H3&*!+&E!'5+153!5+N-*+)!*%!-&513+'3!U-&+&5-+)!13'-)-3&53#!D5%**f'!3VN31-3&53!@(-)E'!%&!+!/C!A3+1!5+1331!-&!5%HH315-+)!U-&+&53!<6-56!-&5)(E3E!"C!A3+1'!<-*6!+!)+193!5%HH(&-*A!@+'3E!513E-*!(&-%&!Yg+&5-*AZ!<6313!63!E3;3)%N3E!+&E!E-135*3E!*63!'%5-+)!)3&E-&9!N%1*U%)-%#!D5%**f'!5%&'()*-&9!N1+5*-53!-&5)(E3'!U3+'-@-)-*A!+&E!@('-&3''!N)+&&-&9!<%12!U%1!13+)!3'*+*3!+5^(-'-*-%&G!H()*-T*3&+&*!5%T<%12-&9!'N+53!+&E!%N31+*-%&+)!-HN1%;3H3&*'#!D5%**!5+&!@3!13+563E!+*F!'5%**c5+N+5-*A@(-)E#5+#!
3#%&-0&!*#+I!!!!!!!!!!!!,4=R958!E<;>>7>F!;>@!A;57<78;87=>B!;??7?8;>59!Q786!@4;A87>F!=A!Q47889>!D;8947;<?!A=4!5=DD:>78H!!9>F;F9D9>8!;>@!49E=487>F!!!B'!*63!%<&31!%U!Q+'6!e!B''%5-+*3'G!+!5%&'()*-&9!5%HN+&A!*6+*!'N35-+)-[3'!-&!'(NN%1*-&9!5%HH(&-*A!E3;3)%NH3&*!+&E!'%5-+)!56+&93G!g+)31-3!6+'!N1%;-E3E!U+5-)-*+*-%&!+&E!N)+&&-&9!'31;-53'!*%!&(H31%('!%19+&-[+*-%&'!+&E!5%))+@%1+*-;3!91%(N'!-&!*63!_D!+&E!$+&+E+#!W31!5)-3&*'!-&5)(E3!)%5+)!9%;31&H3&*!+93&5-3'G!U%(&E+*-%&'G!(&-;31'-*-3'!+&E!5%HH(&-*A!@+'3E!%19+&-[+*-%&'#!D63!6+'!+!913+*!E3+)!%U!3VN31-3&53!-&!*63!+13+'!%U!+UU%1E+@)3!6%('-&9!+&E!'('*+-&+@)3!N1%91+H!E3;3)%NH3&*#!g+)31-3!6+'!&%!E-135*!3VN31*-'3!-&!U+1H-&9!+&E!N1-%1!*%!H%;-&9!*%!*63!D(&'6-&3!$%+'*!6+E!+)<+A'!)-;3E!-&!)+193!5-*-3'#!D63!&%<!U-&E'!631'3)U!H+11-3E!*%!+&!%A'*31!U+1H31\@33!233N31!<-*6!A%(&9!E+(96*31'!<6%!+13!5+HN+-9&-&9!*%!56+&93!)%5+)!@A)+<'!'%!*6+*!*63A!5+&!1+-'3!N-9'!+&E!56-523&'#!D63!-'!+!91+E(+*3!%U!:VU%1E!_&-;31'-*AG!M&9)+&E#!g+)31-3!5+&!@3!13+563E!+*F!gQ+'6cQ+'6+&EB''%5-+*3'#%19#!!
)I#M!I&-+I%&-!!!!!!!!!,4=R958!D;>;F9D9>8!
The Smart Farm Project!:!BIIMQJRS!CONSULTANT BIOS !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 6/124
!
!$6+E!-'!*63!5(113&*!3V35(*-;3!+&E!+1*-'*-5!E-135*%1!%U!E331!51%''-&9!*63!+1*!U+1H#!D-&53!*63!+1*!U+1H!'%5-3*A!<+'!%UU-5-+))A!U%1H3E!-&!/CCOG!$6+E!6+'!%;31'33&!*63!E3;3)%NH3&*!%U!*63!+1*!U+1Hf'!(&-^(3!+1*h&+*(13!3E(5+*-%&!N1%91+H!U%1!56-)E13&!+&E!+E()*'!YI%))-&+*3ZG!*63!+1*!U+1Hf'!'-9&+*(13!N1%E(5*-%&!"#$!%&'()*+$,"!-'+./,!+&E!+&!+&&(+)!%(*E%%1!U3'*-;+)!Y01(.#+*('.'"12!*6+*!E1+<'!/CCCh!N3%N)3!%;31!*6133!E+A'!*%!*63!]-@'%&'!+&E!B13+!139-%&#!$6+E!-'!+)'%!H+&+9-&9!*63!E3;3)%NH3&*!%U!*63!+1*!U+1Hf'!U-1'*!'%5-+)!3&*31N1-'3F!3405!-*66/('"1!7*+8!9/:F!+!'6+13E!<%12'N+53!*6+*!@(-)E'!5+N+5-*A!U%1!513+*-;3!+&E!'%5-+)!3&*13N13&3(1'!)-;-&9!+&E!<%12-&9!%&!*63!D(&'6-&3!$%+'*#!$6+E!-'!+)'%!+!N1%U3''-%&+)!+5*%1!+&E!<1-*31#!?-&E!%(*!H%13!+@%(*!*6-'!<%12!+*F!<<<#56+E631'6)31#5%H#!!
+#*ML!$O)S!!':849;56!;>@!9J9>8?!!!B'!*63!+1*!U+1Hf'!J-135*%1!%U!ME(5+*-%&!+&E!$%HH(&-*A!:(*13+56G!D+&EA!-'!*63!E1-;-&9!U%153!@36-&E!I%))-&+*3G!*63!+1*!U+1Hf'!(&-^(3!+1*'!h!&+*(13!3E(5+*-%&!+&E!5%HH(&-*A!%(*13+56!N1%91+HH-&9#!D63!6+'!513+*3E!N1%91+H'!U%1!56-)E13&G!A%(*6G!+E()*'!+&E!*63!93&31+)!N(@)-5!-&!+!;+1-3*A!%U!'3**-&9'!U1%H!'H+))!5)+''1%%H'!*%!)+193!%(*E%%1!3;3&*'#!D+&EA!6+'!3V*3&'-;3!3VN31-3&53!<%12-&9!U%1!+1*-'*-5!%19+&-[+*-%&'!-&5)(E-&9!*63!g+&5%(;31!`+[[!?3'*-;+)G!g+&5%(;31!?-)H!?3'*-;+)!+&E!d6-'*)31\!,)+525%H@#!D63!6+'!%19+&-[3E!9+)+!3;3&*'!U%1!%;31!"CCC!9(3'*'G!-&5)(E-&9!513+*-&9!*63!+1*-'*-5!E35%1G!%19+&-[-&9!*63!N1%E(5*-%&!+&E!5%%1E-&+*-&9!*63!3;3&*#!!D+&EA!,(52!-'!+)'%!+!H()*-TE-'5-N)-&+1A!U+@1-5!+1*-'*!<-*6!%;31!"C!A3+1'!3VN31-3&53!+'!+!5%'*(H3!E3'-9&31!-&!*63!*63+*13!+&E!U-)H!-&E('*1AG!-&5)(E-&9!+!]3&-3!Q%H-&+*-%&!U%1!631!E3'-9&!<%12!%&!*63!/CC=!U-)H!iM;3!+&E!*63!?-136%1'3i#!!!
The Smart Farm Project!:!BIIMQJRS!CONSULTANT BIOS !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 7/124
!
! !
The Smart Farm Project!!!!!!!!!!!!!!!!! MARKET RESEARCH By RHONI WHYARD / RW BUSINESS SOLUTIONS
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 8/124
!
/#-S&"!-&+&#-)I!!$H!-I'*0!1IL#-M!T!-1!$O+0*&++!+'%O"0'*+!
X63!U%))%<-&9!'(HH+1-[3'!HA!13'3+156!U-&E-&9'!%U!%*631!'6+13E!6%H3G!'6+13E!U+1H!-&-*-+*-;3'!-&!$+&+E+!
<-*6!+!U%5('!-&!,$#!X63!-&-*-+*-;3'!6-96)-96*3E!@3)%<!<313!'3)35*3E!@35+('3!%U!*63-1!'-H-)+1-*A!-&!5%&53N*!
*%!*63!DH+1*!?+1H!N1%91+H#!!
X63'3!-&-*-+*-;3'!<313!U%(&E!*61%(96!%&)-&3!13'3+156#!X63!-&-*-+*-;3'!<-*6!+&!j!<313!+)'%!5%&*+5*3E!U%1!
U(1*631!-&U%1H+*-%&!%&!'3*!(N!+&E!U-&+&5-+)!H%E3)'#!
X63!U-1'*!'*3N!-&!%(1!H+123*!13'3+156!<+'!*%!(&E31'*+&E!<6+*!*AN3!%U!'6+13E!U+1H!+&E!'6+13E!6%('-&9!
%N*-%&'!3V-'*3E!-&!,$#!X6-'!*%%2!('!H%13!@1%+E)A!*%!%*631!-&-*-+*-;3'!-&!$+&+E+!+&E!*63!_DG!<6-56!
N1%;-E3E!-&U%1H+*-%&!%&!+!)+1931!E-;31'-*A!%U!N1%b35*'!+&E!%N*-%&'!U%1!H%;-&9!U%1<+1E#!:&53!<3!6+E!+!
@1%+E!1+&93!%U!N1%b35*'!'3)35*3E!<3!@39+&!13;-3<-&9!*63!@3'*!N1+5*-53'!U%1!*63!513+*-%&!+&E!
E3;3)%NH3&*!%U!*63'3!'6+13E!6%H3!+&E!'6+13E!U+1H!N1%b35*'#!X63!13'3+156!U%5('3E!%&!N1%b35*'!-&!
$+&+E+!+&E!5%&'()*+&*'!*6+*!6+;3!<%123E!<-*6!&(H31%('!91%(N'!+**3HN*-&9!*%!<%12!*61%(96!*63!
N1%53''!%U!E3;3)%N-&9!*63'3!*AN3'!%U!)-;-&9!'N+53'#!!
X6-'!13'3+156!E-E!&%*!-&5)(E3!*63!13;-3<!%U!6%<!*%!'3*!(N!*63!U+1H!@(*!E-E!-&5)(E3!+!13;-3<!%U!@3'*!
N1+5*-53'!*%!3UU35*-;3)A!-&5)(E3!*63!6%H3%<&31'!-&*%!*63!E3;3)%NH3&*!%U!*63!@('-&3''!N)+&!U%1!*63!U+1H!
5%HN%&3&*G!<6-56!-'!+)'%!%(*)-&3E!@3)%<#!
SIMILAR PROJECTS
U10"I0*!$-0"0+I!)'%O/$0#!!
)-#*$&--L!)'//'*+V!$O-*#$LB!$)!
• $)('*31!6%('-&9!k!*%<&6%('3!+&E!+N+1*H3&*!'*A)3!k!=CCT".CC!'^!U*!• X63A!U%1H3E!+!&%*TU%1TN1%U-*!5%1N%1+*-%&!+&E!+5*3E!+'!*63!E3;3)%N31!*%!5%HN)3*3!+!/KGKK/!
'^(+13!U%%*G!//T6%H3!H()*-TU+H-)A!13'-E3&*-+)!@(-)E-&9#!$%&'*1(5*-%&!@39+&!-&!:5*%@31!%U!/CCC!+&E!*63A!H%;3E!-&*%!*63-1!6%H3'!+!A3+1!)+*31#!!
• M+56!6%('36%)E!+*!$1+&@311A!$%HH%&'!N1-;+*3)A!%<&'!+!5%HN)3*3G!'3)UT5%&*+-&3E!6%H3#!X63!6%H3'!+13!53&*313E!+1%(&E!3V*3&'-;3!'6+13E!U+5-)-*-3'#!$%HH(&-*A!5%&&35*-%&!-'!'(NN%1*3E!@A!*63!N6A'-5+)!)+A%(*!%U!*63!'-*3!+&E!@A!*63!-&;%);3H3&*!%U!+))!H3H@31'!-&!*63!E3;3)%NH3&*!+&E!%N31+*-%&!%U!*63!5%HH(&-*A!('-&9!5%&'3&'('!E35-'-%&!H+2-&9#!!
• $%HH%&!'N+53!• $%&'3&'('!E35-'-%&!H+2-&9!
!
The Smart Farm Project!:!BIIMQJRS!MARKET RESEARCH !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 9/124
!
)-&&S+0M&!)'//'*+V!)'O-"*&LB!$)!• $)('*31!6%('-&9!k!E(N)3V!• $%HH%&!U+5-)-*-3'\6%('3!• 0%E-U-3E!5%&'3&'('!E35-'-%&!H+2-&9!
!
(&-*1''M!30%%#P&V!30)"'-0#B!$)!
• D*1+*+!• BN+1*H3&*!'*A)3!_&-*'F!6%H3'!+&E!'*(E-%'!U1%H!.CCT""CC!'^!U*!• 43&*+)'!+&E!%<&31'6-N!
!/0MM%&!-'#M!)'//O*0"LV!*&%+'*B!$)!
• ""!(&-*'!!=/!+513'!• /#=!+513'!%U!9+1E3&'G!6%1'3!N+'*(13G!56-523&'G!N)+A!+13+!• $%HH%&!U+5-)-*A!• $%&'3&'('!E35-'-%&!H+2-&9!
!
*&%+'*!%#*M!P-'O,V!*&%+'*B!$)!!
• "/T"=!(&-*'!TK=CT".CC!'^!U*!• $%HH%&!U+5-)-*-3'!• 8+193!U+1HF!U%%EG!+&-H+)'G!%156+1El!• $%&'3&'('!E35-'-%&!H+2-&9!• _&E31!E3;3)%NH3&*!
!
-'$&-"+!)-&&S!)'I'O+0*PV!-'$&-"+!)-&&SB!$)!
• $)('*31!6%('-&9!k!'-&9)3!+&E!E(N)3V!• $%HH%&!'N+53!• ]133&!'N+53!• X63!5%HH(&-*A!-'!)39+))A!'*1(5*(13E!+'!+!@+13T)+&E!'*1+*+G!<-*6!3+56!13'-E3&*!6+;-&9!
%<&31'6-N!%U!*63-1!%<&!)%*!+&E!6%H3G!+&E!+!5%HH%&!'6+13!-&!*63!5%HH(&-*A!)+&E!+&E!U+5-)-*-3'#!R&E-;-E(+)!)%*'!+13!'H+))!@A!)%5+)!'*+&E+1E'!Y.OCC!'^#!U*#!%&!+;31+93Z#!
• X63!/PCC!'^!U*!5%HH%&!6%('3!-&5)(E3'!+!E-&-&9!1%%HG!+!)+193!2-*563&G!+!)%(&93G!+!9(3'*!1%%HG!+&!%UU-53G!+!56-)E13&m'!N)+A1%%HG!)+(&E1A!U+5-)-*-3'!Y+)*6%(96!'N+53!U%1!+!<+'631\E1A31!6+'!@33&!-&5)(E3E!-&!3+56!6%H3Z!+&E!+!H()*-N(1N%'3!1%%H!Y5(113&*)A!('3E!+'!+!*3)3;-'-%&\H%;-3!1%%H#Z!:*631!5%HH%&!U+5-)-*-3'!-&5)(E3!+!'6+13E!<%12'6%NG!+&%*631!H()*-N(1N%'3!@(-)E-&9!+&E!+&!%19+&-5!;393*+@)3!9+1E3&!
• $%&'3&'('!E35-'-%&!H+2-&9!!
The Smart Farm Project!:!BIIMQJRS!
MARKET RESEARCH !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 10/124
!
!L#--'1!&)'30%%#P&!V!)I0%%01#)SB!$)!
!• /C!+513'!%U!U+1H)+&EF!83+'3'!)+&E!*%!7!U+1H-&9!N1%b35*'F!X63!$%HH(&-*A!U+1H!)3+'3'!%19+&-5!
U+1H)+&E!*%!'3;3&!U+1H-&9!N1%b35*'!<-*6!1%%H!U%1!H%13#!!d6-)3!*63'3!N1%b35*'!1(&!-&E3N3&E3&*)A!%U!3+56!%*631!*63!U+1H31'!<%12!*%93*631!*%!N(*!-&!-&U1+'*1(5*(13!+&E!'6+13!3VN3&'-;3!3^(-NH3&*!)-23!*1+5*%1'#!!X63A!+)'%!<%12!*%93*631!*%!N1%;-E3!+!$%HH(&-*A!D(NN%1*3E!B91-5()*(13!Y$DBZ!;399-3!@%V!*%!*63!B@@%**'U%1E!+&E!$6-))<+52!+13+'#!!d-*6-&!*63!'5%N3!%U!*63!U+1H!-'!+)'%!*63!D*3<+1*!$1332!$+13!N1%b35*#!!X63!?%%E!?%13'*!N1%*35*'!*63!51332G!+&E!H+23'!+!N31H+5()*(13!6%H3!U%1!*63!<-)E)-U3!<3!5631-'6#!
• ..!(&-*'!• D*1+*+!• D6+13E!U+5-)-*-3'!
!
"69?9!E4=R958?!G9;4!?=D9!?7D7<;47879?!8=!869!;G=J9!7>!$)V!
]%)E3&!M+1'!?+1H!T!$6+'3G!,$!
0();3A!$1332!8+&E!$%%N31+*-;3!T!D)%5+&G!,$!
0A'*-^(3!R&*3&*-%&+)!$%HH(&-*A!k!L+')%G!,$!
6**NF\\<<<#35%13+)-*A#%19\<-2-\d3)5%H3n*%nM5%43+)-*Ao!
6**NF\\<<<#N3+53U();-))+93#5+\!
6**NF\\<<<#U+@-&@5#5%H\5%HH(&-*A\!
6**NF\\2+2<+35%;-))+93#<%1EN13''#5%H\!
6**NF\\E-135*%1A#-5#%19\=OO>\0();3An$1332n8+&En$%n%N31+*-;3!
6**NF\\<<<#@)(3b+A)+23U+1H#5%H\!
6**NF\\E-135*%1A#-5#%19\/>C=K\M+1*6nM5%g-))+93!
6**NF\\E-135*%1A#-5#%19\/>"K7\]%)E3&nM+1'n?+1H!
6**NF\\E-135*%1A#-5#%19\/>C/P\W%H3n%&n"OCnB513'n'6+13EnW%H3'*3+EnI31H+5()*(13nI)+&*nQ(1'31An
$6-523&n?+1H!
6**NF\\E-135*%1A#-5#%19\/.>7.\`3<3)n$1332nM5%;-))+93!
! !
The Smart Farm Project!:!BIIMQJRS!
MARKET RESEARCH !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 11/124
!
p'O"+0M&!'(!$)!W!10"I0*!)#*#M#!I&*M-0)S+!(#-/+!X!'""#1#B!'*"#-0'!
• $)('*31!6%('-&9!T!'-&9)3!• ]133&!'N+53!• ?+1H!)+&E!• B!N%1*-%&!%U!+))!6%('3!+&E!)+&E!'+)3'!9%3'!E-135*)A!*%!'(NN%1*!*63!U+1H!T!+!N%1*-%&!%U!+))!6%H3!
'+)3'!9%3'!E-135*)A!*%!'(NN%1*-&9!W3&E1-52!?+1Hf'!%19+&-5!U+1H-&9!%N31+*-%&'!+&E!*63!N13'31;+*-%&!+&E!H+-&*3&+&53!%U!'6+13E!9133&!'N+53!+&E!*1+-)'#!!0%E3'*!+&&(+)!U33'!3&'(13!*6+*!*63'3!'6+13E!13'%(153'!<-))!+)<+A'!@3!N1%*35*3E#!
• W3&E1-52!?+1Hf'!'N%&'%13E!$%HH(&-*A!D6+13E!B91-5()*(13!Y$DBZ!N1%91+H#!!X63!U+1H!%N31+*3'!('-&9!'*1-5*!%19+&-5!+&E!'('*+-&+@)3!+91-5()*(13!N1-&5-N)3'G!-&5)(E-&9!+&!3HN6+'-'!%&!'%-)!63+)*6!+&E!U31*-)-*A#!X63A!('3!&%!563H-5+)!U31*-)-[31'!%1!N3'*-5-E3'G!3&5%(1+93!@-%E-;31'-*AG!+&E!91%<!'33E!;+1-3*-3'!56%'3&!U%1!*63-1!U)+;%(1!+&E!^(+)-*A#!
• W3&E1-52!?+1H!?%(&E+*-%&#!!
P-&&*I#3&*!W!'*"#-0'!
• :&3!@(-)E-&9!<-*6!'(-*3'G!@-%EA&+H-5!U+1H-&9!T!d6%)3!g-))+93!I1%N31*A!$%T%N31+*-;3!R&5#!-'!*63!)39+)!3&*-*A!<6-56!%<&'!*63!)+&E!+&E!@(-)E-&9'!%U!*63!d6%)3!g-))+93!5%HH(&-*A#!I(156+'3!%U!+!'(-*3!-&!d6%)3!g-))+93m'!35%T13'-E3&53!]133&6+;3&!9-;3'!U())!H3H@31'6-N!1-96*'!-&!d6%)3!g-))+93#!X63!N(156+'3!N1-53!%U!+!'(-*3!-&5)(E3'!+&!%<&31'6-N!'6+13!%U!*63!"PCT+513!U+1HG!+!H3H@31'6-N!'6+13!-&!*63!5%T%N31+*-;3G!%55(N+&5A!1-96*'!U%1!*63!'(-*3!+&E!*63!('3!%U!+))!5%HH%&!'N+53'#!
• X6313!-'!+!H%&*6)A!%55(N+&5A!5%'*!U%1!3+56!'(-*3!-&!]133&6+;3&G!<6-56!5%;31'!)+&E!*+V3'G!-&'(1+&53G!63+*G!3)35*1-5-*AG!5+N-*+)!13'31;3!U(&E!+&E!H+-&*3&+&53#!X6-'!H%&*6)A!U33!;+1-3'!+55%1E-&9!*%!*63!'-[3!%U!*63!'(-*3#!
!
S&L!'-P#*0Y#"0'*+!#*M!0*('-/#*"+!!:4]BQRqBXR:Q\RQJRgRJ_B8D!
?+1H!?%)2\$-*A!?%)2F!$%HH(&-*A!?+1H'!I1%91+H!
X63!8+&E!$%&'31;+&5A!%U!,$!YX8$Z!
,$!B''3''H3&*!
/CCO!,$!B91-5()*(13!I)+&!
0-&-'*1A!%U!B91-5()*(13!e!8+&E'!
B91-5()*(13!8+&E!$%HH-''-%&'!
?+1H!$13E-*!$+&+E+!
_&-;31'-*A!%U!g-5*%1-+!
,$!B''3''H3&*!
,$!8+&+15!
a%(&9!B91+1-+&'!
X63!8+&E!$%&'31;+&5A!%U!,$!YX8$Z!
The Smart Farm Project!:!BIIMQJRS!
MARKET RESEARCH !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 12/124
!
$&+"!,-#)"0)&+!'3&-30&1! SHARED HOME ,+'3E!%&!'35%&E+1A!13'3+156!*6-'!N1%b35*!-'!@3'*!E3U-&3E!+'!+!5%T6%('-&9!5%HH(&-*A!<-*6!+!U+1H-&9!
5%HN%&3&*#!!
B!5%6%('-&9!5%HH(&-*A!-'!+!*AN3!%U!-&*3&*-%&+)!5%HH(&-*AG!+!5%HH(&-*A!<6313!N3%N)3!'*1-;3!*%93*631!<-*6!+!5%HH%&!;-'-%&G!5%HN%'3E!%U!N1-;+*3!6%H3'!'(NN)3H3&*3E!@A!'6+13E!U+5-)-*-3'#!X63!5%HH(&-*A!-'!N)+&&3EG!%<&3E!+&E!H+&+93E!@A!*63!13'-E3&*'!k!<6%!+)'%!'6+13!+5*-;-*-3'G!<6-56!H+A!-&5)(E3!5%%2-&9G!E-&-&9G!56-)E5+13G!9+1E3&-&9G!+&E!9%;31&+&53!%U!*63!5%HH(&-*A#!$%HH%&!U+5-)-*-3'!H+A!-&5)(E3!+!2-*563&G!E-&-&9!1%%HG!)+(&E1AG!56-)E5+13!U+5-)-*-3'G!%UU-53'G!-&*31&3*!+553''G!9(3'*!1%%H'G!+&E!13513+*-%&+)!U3+*(13'#!!+7C!@9A7>7>F!)6;4;58947?875?V!
"#! I+1*-5-N+*%1A!N1%53''!/#! Q3-96@%(16%%E!E3'-9&!.#! $%HH%&!U+5-)-*-3'!>#! 43'-E3&*!H+&+93H3&*!=#! Q%&T6-31+156-5+)!'*1(5*(13E!E35-'-%&!H+2-&9!K#! Q%!'6+13E!5%HH(&-*A!35%&%HA!!
B'!&%*3E!+@%;3!*6313!+13!&(H31%('!3V+HN)3'!%U!%*631'!E%-&9!'%H3*6-&9!'-H-)+1!-&!,$G!*63!H+b%1-*A!6+;3!
@33&!5)+''-U-3E!+'!+!r5%6%('-&9!5%HH(&-*-3's#!,35+('3!*63!5%6%('-&9!H%;3H3&*!-'!'*1%&9!+&E!
3'*+@)-'63E!*6313!+13!3V-'*-&9!*%%)'!%&!6%<!*%!+NN1%+56!*63!E3;3)%NH3&*!%U!+!5%6%('-&9!5%HH(&-*A!
+;+-)+@)3!U%1!+!U33#!?1%H!*63!13'%(153'!*6+*!R!6+;3!@33&!+@)3!*%!;-3<!R!6+;3!-E3&*-U-3E!*63!U%))%<-&9!@3'*!
N1+5*-53'#!!
#!A9Q!N9H!495=DD9>@;87=>?!86;8!0!6;J9!7@9>87A79@!7>5<:@9F!
"# B))!N+1*-3'!-&*313'*3E!-&!*63!N1%b35*!+13!-&;%);3E!-&!*63!N1%53''!U1%H!*63!@39-&&-&9!<63&!<%12-&9!*61%(96!*63!'*3N'!-E3&*-U-3E!@3)%<#!
/# ;<!')!1*/!=*(>"!#&?$!@A!B$*BC$!,#*D!/B!"*!1*/+!'()*+6&"'*(!6$$"'(E,F!1*/!=*!(*"!C'8$C1!#&?$!&!
)$&,':C$!B+*G$."H!I,!&!E+*/B!1*/!($$=!"*!.*("'(/$!"*!+$.+/'"!/("'C!1*/!=*!E$"!"#*,$!8'(=,!*)!
(/6:$+,HJ!Q+*-%&+)!$%6%('-&9!$%&U313&53!%U!/CCP!-&!D3+**)3!d+'6-&9*%&G!'N3+231!$6(52!J(113**#!
P&""0*P!+"#-"&M!Z2 )49;89!J7?7=>!;>@!F=;<!?8;89D9>8?V!
+# J3U-&3!*63!I1%b35*!+&E!-E3&*-UA!N+*6!*%!5%HN)3*-%&!@# D3)35*-%&!%U!*63!N1%U3''-%&+)!*3+H!+&E!&39%*-+*3!N1%U3''-%&+)!5%&*1+5*'#!
[2 /;4N987>F!\!*9Q!/9DG94!&@:5;87=>V!+# J3;3)%N!+!H+123*-&9!'*1+*39A#!@# I13N+13!N1%H%*-%&+)!H+*31-+)#!5# I13N+13!+&E!H+&+93!*63!%(*13+56!N)+&#!!E# 0+&+93!*63!H3H@31'6-N!N1%53''#!
The Smart Farm Project!:!BIIMQJRS!
MARKET RESEARCH !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 13/124
!
!!!!!!!
!!!
'Q>94?67E!+84:58:49! #@J;>8;F9?! M7?;@J;>8;F9?!
+:G@7J7?7=>!-&;%);3'!@(A-&9!+!N+153)!%U!)+&E!+&E!*63&!9%-&9!*61%(96!+!N1%53E(13!9%;31&3E!@A!)%5+)!)+<!U%1!@13+2-&9!-*!(N!-&*%!'H+))31!N+153)'!%U!)+&E!Y('(+))A!13U3113E!*%!+'!i)%*'iZ!(N%&!<6-56!-&E-;-E(+))A!%<&3E!6%('3'!+13!5%&'*1(5*3E#!X63!-&E-;-E(+)!H3H@31'!%<&!*-*)3!*%!+!)%*!+&E!*63-1!6%H3#!!!X63!'(@E-;-'-%&!H+A!+)'%!-&5)(E3!'%H3!i5%HH%&!+13+'i!Y'(56!+'!+!5%HH%&!6%('3Z!%<&3E!@A!+!6%H3%<&31m'!+''%5-+*-%&!Y+!&%&TN1%U-*!5%1N%1+*-%&Z!-&!<6-56!+))!%U!*63!-&E-;-E(+)!)%*T%<&31'!+13!H3H@31'#!!!D(@E-;-'-%&'!5+&!5%&*+-&!'-&9)3TU+H-)A!YU133T'*+&E-&9Z!6%H3'!+&E\%1!*%<&!Y+**+563EZ!6%('3'#!
D%H3!+13+'!+))%<!U%1!i[31%!)%*!)-&3i!'(@E-;-'-%&G!<6-56!H+23'!-*!N%''-@)3!*%!b%-&!6%H3'!-&*%!E(N)3V3'!%1!*1-N)3V3'#!!
:*631!+13+'!+))%<!U%1!5)('*31!E3;3)%NH3&*G!<6313!+!)%*!'-[3!H+A!@3!13E(53EG!+&E!+!@%&('!+H%(&*!%U!)%*'!+))%<3EG!-U!*63!6%H3'!+13!5)('*313E!*%93*631!+&E!%N3&!'N+53!-'!N13'31;3E#!!
B!6%H3%<&31'!+''%5-+*-%&!U%1!('3!5+&!6%)E!+&A!&(H@31!%U!)%*'!+'!5%HH%&!3)3H3&*'G!'(56!+'!+!5%HH%&T6%('3!%1!+!'6%N#!
X63!'(@E-;-'-%&!N1%53''!5+&!@3!;31A!5%'*)A!E3N3&E-&9!(N%&!*63![%&-&9!+&E!13^(-13H3&*'!-&!*63!+13+!+)*6%(96!*6-'!U%1H!%U!%<&31'6-N!H+A!@3!*63!@3'*!'(-*3E!-U!A%(1!9%+)!-'!-&E-;-E(+)!6%H3'!%&!)%*'!+&E!*63!)+&E!A%(!@(A!-'!+)13+EA![%&3E!5%HN+*-@)3!<-*6!A%(1!N)+&'#!
)==E94;87J9!#??=57;87=>?!Y%1!'-HN)A!i5%%N31+*-;3'i!%1!i5%%N'iZ!+13!('3E!@A!+!U3<!5%6%('-&9!91%(N'#!!!X63-1!('(+)!5%HH%&!U3+*(13'!-&5)(E3!%<&31'6-N!%U!*63!)+&E!+&E!+))!-HN1%;3H3&*'!Y5%HH%&!6%('3G!+'!<3))!+'!-&E-;-E(+)!6%('3'\(&-*'Z!@A!*63!5%%N31+*-;3!+''%5-+*-%&!Y+!*AN3!%U!&%&TN1%U-*!5%1N%1+*-%&Z#!!R&'*3+E!%U!N1-;+*3!%<&31'6-NG!3+56!H3H@31!-&!*63!+''%5-+*-%&!%<&'!'6+13'!-&!*63!+''%5-+*-%&!+&E!1353-;3'!+!N1%N1-3*+1A!)3+'3!%U!*63!(&-*!-&!<6-56!*63!H3H@31!)-;3'#!
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
03H@31'!6+;3!b%-&*!+&E!'3N+1+*3!)-+@-)-*A!Y*%!*63!3V*3&*!%U!*63!3^(-*A!-&!*63-1!'6+13'Z!U%1!*63!%@)-9+*-%&'!%U!*63!+''%5-+*-%&#!X6-'!H3+&'!*6+*!-U!%&3!H3H@31!'*%N'!N+A-&9!6-'\631!'6+13!%U!*63!@)+&23*!H%1*9+93G!*63!%*631!H3H@31'!6+;3!*%!N-52!(N!*63!')+52#!B)*6%(96!*63!+''%5-+*-%&!H+A!6+;3!+!)-3&!+9+-&'*!*63!E3)-&^(3&*!H3H@31m'!'6+13'G!3&U%153H3&*!Y@A!U%135)%'(13Z!5+&!@35%H3!;31A!5%&U1%&*+*-%&+)!+&E!5%HH(&-*A!5+'6!U)%<!5+&!@3!'*1+-&3E!Y3'N35-+))A!-&!'H+))!5%%N'Z#!!
0+&A!@+&2'!+13!(&U+H-)-+1!<-*6!5%%N31+*-;3'!+&E!+13!(&<-))-&9!*%!U-&+&53!'(56!N(156+'3'G!3'N35-+))A!-U!*63!5%%N31+*-;3!+9133H3&*!13'*1-5*!13'+)3G!*63!N1-H+1A!+E;+&*+93!%U!5%%N'!-&!*63!U-1'*!N)+53#!
The Smart Farm Project!:!BIIMQJRS!MARKET RESEARCH !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 14/124
!
]2 )49;89!M957?7=>!;>@!)=DD:>75;87=>?!,4=59??!+# D3*!(N!+!'A'*3H!U%1!+156-;-&9!E%5(H3&*'!+&E!E35-'-%&'G!233N-&9!H3H@31'!-&U%1H3E!+&E!
U+5-)-*+*-&9!*63!3E(5+*-%&!%U!&3<!H3H@31'#!@# D3*!(N!+!'A'*3H!U%1!135%1E-&9!E35-'-%&'#!d%12!<-*6!*63!:<&31!*61%(96%(*!*63!
E3;3)%NH3&*!N6+'3!*%!3&'(13!+55(1+5A#!5# J3;3)%N!3UU35*-;3!E35-'-%&TH+2-&9!N1%*%5%)'!*6+*!'(NN%1*!*63!E3;3)%NH3&*!+&E!
5%HH(&-*A!@(-)E-&9!N1%53''G!)-23)A!5%&'3&'('!E35-'-%&TH+2-&9#!E# ?%1H+*-%&!%U!$%HH-**33'!+&E!E3U-&-&9!H3H@31!1%)3'#!3# W3)N!'3*!(N!+&!3UU35*-;3!5%HH(&-*A!5%HH(&-5+*-%&!'A'*3H!+&E!N1%*%5%)#!
^2 0@9>87AH!Q6949!?8;48!:E!D=>9H!7?!5=D7>F!A4=DV!!+# I13N+13!-&-*-+)!I1%b35*!,(E93*!+&E!3'*-H+*3E!$+'6!?)%<#!R&5)(E3!+!U-&+&5-+)!N)+&G!5+'6!
U)%<!N1%b35*-%&!+&E!E3;3)%NH3&*!N1%!U%1H+!*6+*!3'*-H+*3'!*63!5%'*!U%1!+!6%H3!-&!*63!5%HN)3*3E!5%HH(&-*A!@+'3E!%&!*63!@3'*!(&E31'*+&E-&9!%U!5(113&*!5%&E-*-%&'#!
_2 M9A7>9!H=:4!<9F;<!?84:58:49!+# J3U-&3!*63!U-&+&5-+)!'*1(5*(13!U%1!*63!E3;3)%NH3&*!5%HN+&A#!J3*31H-&3!H-&-H(H!
3^(-*A!-&;3'*H3&*!+&E!13*(1&#!@# d%12!<-*6!+!)39+)!N1%U3''-%&+)!*%!'3*!(N!*63!5%HN+&A!*6+*!<-))!+5*!+'!*63!:<&31m'!
E3;3)%NH3&*!3&*-*A!U%1!*63!I1%b35*#!6. M9A7>9!869!'Q>94?67E!?84:58:492!
a. 0%'*!5%6%('-&9!91%(N'!*%!E+*3!6+;3!U%5('3E!%&!@(-)E-&9!E<3))-&9'!*6+*!+13!%<&3E!YE-135*)A!%1!-&E-135*)AZ!@A!*63-1!%55(N+&*'G!+'!%NN%'3E!*%!13&*+)!5%6%('-&9!+N+1*H3&*'G!%<&3E!@A!+!5%HH%&!i)+&E)%1Ei#!!
@#! J3*31H-&3!H-&-H(H!3^(-*A!-&;3'*H3&*!+&E!13*(1&#!5#! d%12!<-*6!*63!)39+)!N1%U3''-%&+)!*%!'3*!(N!*63!5%HN+&A!*6+*!<-))!+5*!+'!*63!
%<&31m'!E3;3)%NH3&*!3&*-*A!U%1!*63!I1%b35*#!`2 M9894D7>9!)=DD:>78H!$H<;Q?!
+# J3U-&3!13^(-13H3&*'!U%1!H3H@31'6-N!-&!*63!5%HH(&-*A#!a2 P98!;!G;>N!;55=:>8!
+# D3*!(N!+!'A'*3H!U%1!H+&+9-&9G!135%1E-&9G!+&E!N+A-&9!-&;%-53'#!D3*T(N!+&E!5%%1E-&+*3!+!U-)-&9!'A'*3H!U%1!+))!5%HN+&A!135%1E'!+&E!5%113'N%&E3&53'#!
b2 )=<<958!D=>9H!A4=D!D9DG94?!!+#! ?(&E'!U%1!'*+1*!(N!5%'*'!5+&!@3!93&31+*3E!-&!'3;31+)!<+A'#!!
-#!:&3!-'!*%!56+193!+!H%&*6)A!+''3''H3&*#!D%H3%&3!<6%!-'!-&*313'*3E!@(*!&%*!5%HH-**3E!H+A!&%*!H-&E!N(**-&9!(N!*3&!E%))+1'!+!H%&*6!U%1!+!<6-)3#!R&!+)H%'*!3;31A!'*+1*T(N!91%(NG!*63!13+))A!5%HH-**3E!N3%N)3!<-))!N(*!-&!)+193!+H%(&*'!%U!(&'35(13E!5+'6!*%!5%;31!*63!3VN3&'3'#!X6-'!H+A!E1+<!%(*!*%!'3;31+)!*6%('+&E'!%U!E%))+1'G!3'N35-+))A!<63&!A%(!'*+1*!6-1-&9!+156-*35*'G!)+<A31'G!+&E!'(56#!!
--#!:&53!A%(!6+;3!3&%(96!5+N-*+)!5%HH-*H3&*!U1%H!H3H@31'G!*63A!6+;3!3&%1H%('!U-&+&5-+)!-&*313'*!-&!'33-&9!-*!5%HN)3*3E#!X63!N3%N)3!<-*6!)-**)3!-&;3'*H3&*!<-))!@3!*63!%&3'!*6+*!+13!H%'*!)-23)A!*%!)3+;3!*63!91%(N#!!
---#!B&%*631!<+A!*%!93&31+*3!H%&3A!-'!*%!6+;3!+!5%HH-**3E!N31'%&!%1!N31'%&'!)%+&!H%&3A!*%!*63!91%(N!<-*6!N+AH3&*!@+'3E!%&!U(*(13!+''3''H3&*'!%U!U(*(13!H3H@31'#!,3!'(13!*%!E%5(H3&*!+&A!'(56!+9133H3&*'!<3))#!D%H3!U%1H'!%U!)39+)!+9133H3&*'!+))%<!U%1!'-)3&*!N+1*&31'G!<6%!5+&!5%&*1-@(*3!5+'6!-&*%!*63!N1%b35*!@(*!+13!&%*!+5*(+))A!H3H@31'#!!
The Smart Farm Project!:!BIIMQJRS!
MARKET RESEARCH !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 15/124
!
!
I0-0*P!#!,-'.&)"!/#*#P&-F!*&&M&M!+S0%%+!\!+&-30)&+!MO-0*P!M&3&%',/&*"!
• I1%;-E3!+))!&353''+1A!'31;-53'!-&5)(E-&9!%;31+))!5%%1E-&+*-%&!%U!*63!E3;3)%NH3&*!+&E!5%&'*1(5*-%&!N1%53''#!
• I1%;-E3!)-+-'%&!+&E!13N%1*-&9!@3*<33&!*63!:<&31G!N(@)-5!+93&5-3'G!*63!5%HH315-+)!)3&E31G!+&E!+))!5%&*1+5*%1'!+&E!N1%U3''-%&+)'!6-13E!@A!*63!:<&31#!
• 0+&+93!+))!N1%b35*!U-&+&53'G!]DX\WDX!U-)-&9!+&E!135%1E!233N-&9#!$13+*3G!H%&-*%1!+&E!(NE+*3!N1%b35*!'563E()3'!+&E!@(E93*'!*61%(96%(*!*63!)-U3!%U!*63!N1%b35*#!
• 0+&+93!+))!N1%b35*!)39+)!+&E!5%%1E-&+*3!U-)-&9!U%1!+))!5%113'N%&E3&53!+&E!5%HN+&A!135%1E'#!• d%12!*%!E3;3)%N!+&E!H+&+93!+&!3UU35*-;3!%(*13+56!N1%91+H!+&E!'A'*3H!U%1!3E(5+*-&9!&3<!
H3H@31'#!• d%12!*%!'3*!(N!+&!3UU35*-;3!'A'*3H!U%1!H+&+9-&9!*+'2'G!'563E()-&9!H33*-&9'G!513+*-&9!+93&E+'G!
*+2-&9!H-&(*3'G!H+2-&9!E35-'-%&'G!5%HH(&-5+*-&9!+&E!E%5(H3&*-&9!-&U%1H+*-%&#!• I1%;-E3!H%&*6)A!U-&+&5-+)!'*+*3H3&*'G!<1-**3&!N1%913''!13N%1*'!<-*6!(NE+*3E!N1%b35*!'563E()3'!
+&E!(NE+*3E!E3;3)%NH3&*!N1%!U%1H+!+'!13^(-13E#!!!
M&3&%',/&*"!,%#**0*P!
"#$%$&'(%!$)*!+,%-.!!
• W%<!<-))!*63!@(-)E-&9'!13)+*3!*%!*63!'-*3t!!• d6+*!<-))!*63!)-23)A!+;31+93!6%H3!'-[3!@3t!!• d6+*!*AN3!%U!(&-*'!Y*%<&6%('3!%1!+N+1*H3&*Zt!!• W%<!)+193!<-))!*63!5%HH%&!6%('3!@3t!!• d6+*!%(*E%%1!+H3&-*-3'!<-))!@3!-&5)(E3Et!!• W%<!H(56!-&!*63!<+A!%U!r9133&!@(-)E-&9s!U3+*(13'!<-))!*63!91%(N!<+&*!*%!-&5)(E3t!d6+*!)3;3)!%U!
^(+)-*A!<-))!*63!91%(N!<+&*!-&!*63!U-&-'63E!N1%E(5*t!• 0-V!%U!N1-;+*3)A!%<&3E!6%H3'!+&E!13&*+)!(&-*'G!*AN-5+))A!E%&f*!3V533E!"=CC!'^!U*#!
!/(0(1,2-()'.!
• d-))!*63!5%6%('-&9!91%(N!+5*!+'!*63!E3;3)%N31!%1!<-))!*6313!@3!+!E3;3)%N31!N+1*&31!3VN35*-&9!*%!1353-;3!+!N1%U-*t!!
• W%<!)%&9!-'!-*!)-23)A!*%!*+23t!!• d6+*!+13!*63!'31;-5-&9!13^(-13H3&*'t!!• d6+*!+13!*63!)-23)A!N31!'^(+13!U%%*!5%&'*1(5*-%&!5%'*'!U%1!*63!*AN3!%U!U-&-'6-&9!*63!91%(N!
E3'-13't!!• d6+*!+13!*63!)%5+)!N31H-*!U33'!+&E!E3;3)%NH3&*!5%'*'t!!• d6+*!-'!13^(-13E!*%!93*!+NN1%;+)!*%!@(-)E!*63!N1%b35*!+&E!6%<!)%&9!<-))!-*!*+23t!• RE3&*-UA!13E!U)+9!-''(3'!13)+*3E!*%!)39+)!*-*)3!Y*AN-5+))A!513+*3!+!'*1+*+Z#!• R&;3'*-9+*3!+553''!*%!'31;-53'!Y6AE1%G!<+*31G!'3<31Z!+&E!N%*3&*-+)!-&U1+'*1(5*(13!5%'*'!Y1%+E'G!
%UU'-*3!-HN1%;3H3&*'Z#!• J3*31H-&3!<63*631!*63!'-*3!5+&!+55%HH%E+*3!*63!*AN3!%U!5%HH(&-*A!*63!91%(N!-'!3&;-'-%&-&9#!• J3*31H-&3!<63*631!+&A!%*631!5%&'()*+&*'!+13!13^(-13E!*%!3'*+@)-'6!U3+'-@-)-*A!Y3#9#!N312!*3'*'!*%!
5%&U-1H!'%-)!'(-*+@-)-*A!U%1!+!'3N*-5!'A'*3HZ#!
The Smart Farm Project!:!BIIMQJRS!
MARKET RESEARCH !
The Smart Farm Project!:!BIIMQJRS!MARKET RESEARCH !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 16/124
!
• $%&U-1H!*63!N1%53''G!*-H3)-&3!+&E!5%'*!*%!93*!E3;3)%NH3&*!+NN1%;+)!U1%H!*63!+(*6%1-*-3'!6+;-&9!b(1-'E-5*-%&#!
• M'*-H+*3!N%*3&*-+)!5%&'*1(5*-%&!5%'*'#!• RE3&*-UA!+;+-)+@)3!-&;3'*H3&*!3^(-*A!U1%H!91%(N!H3H@31'#!• RE3&*-UA!N%*3&*-+)!'%(153'!%U!U-&+&5-&9!U%1!)+&E!N(156+'3#!• I13N+13!+!E3;3)%NH3&*!N1%!U%1H+!<-*6!3'*-H+*3E!5%'*'!U%1!+!5%HN)3*3E!6%H3!-&!*63!
5%HH(&-*A#!• 43;-3<!5(113&*!H+123*!;+)(3'!U%1!5%HN+1+@)3!N1%E(5*!*%!E3*31H-&3!N%*3&*-+)!H+123*+@-)-*A!%U!
5%HN)3*3E!N1%E(5*#!• I13N+13!N1%b35*3E!5+'6!U)%<!13^(-13H3&*'#!• RE3&*-UA!@3'*!+NN1%+56!U%1!N1%b35*!H+&+93H3&*G!H+123*-&9!+EH-&-'*1+*-%&!+&E!5%HH(&-*A!
@(-)E-&9#!• Q39%*-+*3!+&!+9133H3&*!*%!9+-&!5%&*1%)!%U!*63!N1%N31*A!'3)35*3E!@A!*63!5)-3&*#!• $%%1E-&+*3!*63!+NN1+-'+)!+&E!H%1*9+93!+NN)-5+*-%&!13^(-13E!*%!'35(13!+!)%+&!U%1!*63!'-*3!
N(156+'3#!• $%%1E-&+*3!*63!3^(-*A!5%&*1-@(*-%&'!U1%H!*63!H3H@31'#!• $%%1E-&+*3!*63!5)%'-&9!%&!*63!)+&E!N(156+'3#!
!
,-'.&)"!#,,-'3#%+!,I#+&!
u 0+&+93!*63!13[%&-&9!+&E!'(@E-;-'-%&!N1%53''#!d%12!<-*6!*63!N)+&&-&9!5%&'()*+&*!+'!13^(-13E!%@*+-&-&9!+))!&353''+1A!N1%b35*!+NN1%;+)'#!
u I13N+13!U%1!+&A!-&U%1H+*-%&!H33*-&9'!+&E\%1!+&A!N13'3&*+*-%&'!*%!*63!N(@)-5!%1!139()+*%1A!+(*6%1-*-3'!*6+*!+13!13^(-13E#!
u I1%;-E3!-&U%1H+*-%&!*%!*63!E3'-9&!*3+H!+@%(*!U3+*(13'!*6+*!'(NN%1*!*63!5%&53N*'!%U!5%6%('-&9#!!
M&+0P*!,-')&++!
• J3;3)%N!+&!-&-*-+)!N1%91+H!U%1!5%HH%&!6%('3!+&E!-&E-;-E(+)!(&-*'#!• d%12!<-*6!*63!E3'-9&!*3+H!*%!E3;3)%N!+!'31-3'!%U!<%12'6%N'!*%!U+5-)-*+*3!*63!H3H@31f'!-&N(*#!• D(HH+1-[3!+&E!5%HH(&-5+*3!U33E@+52!*%!E3'-9&!*3+H#!• I1%;-E3!-&N(*!%&!5%'*!-HN)-5+*-%&!%U!E3'-9&!E35-'-%&'#!!• I1%;-E3!135%HH3&E+*-%&'!+@%(*!(&-*!H-VG!'-[3G!+&E!)+A%(*!+'!-*!13)+*3'!*%!5%'*!+&E!H+123*+@-)-*A#!• $%%1E-&+*3!5%HH(&-5+*-%&!<-*6!139()+*%1A!+(*6%1-*-3'!*%!3&'(13!E3'-9&!H33*'!b(1-'E-5*-%&+)!
13^(-13H3&*'#!• $%%1E-&+*3!+))!U33E@+52!*%!U-&+)-[3!*63!E3'-9&!E3;3)%NH3&*!N6+'3#!
!!
! !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 17/124
!
,-&W)'*+"-O)"0'*!,I#+&!
• D35(13!+!5%&'*1(5*-%&!)%+&#!• Q39%*-+*3!*63!+NN1%N1-+*3!5%&'*1(5*-%&!5%&*1+5*Y'Z#!• ?+5-)-*+*3!*63!N1%53''!U%1!E3*31H-&-&9!'*+&E+1E!U-&-'6-&9!+&E!%N*-%&+)!(N91+E3'#!• M'*+@)-'6!+!U+-1!+&E!3^(-*+@)3!N1-5-&9!'*1(5*(13#!
!!,-'.&)"!)'*+"-O)"0'*!,I#+&!
• 0+&+93!*63!5%&'*1(5*-%&!)%+&G!N1%913''!E1+<'G!13)3+'3'!+&E!93&31+)!@%%2233N-&9#!• B**3&E!'-*3!H33*-&9'!+'!13^(-13E!E(1-&9!*63!5%&'*1(5*-%&!N1%53''#!d%12!<-*6!*63!E3'-9&!
N1%U3''-%&+)'!*%!%;31'33!5%&'*1(5*-%&!5%&*1+5*'!+&E!3&'(13!*6+*!<%12!-'!@3-&9!5+11-3E!%(*!-&!+&!+NN1%N1-+*3!+&E!*-H3)A!H+&&31#!43;-3<!+&E!5%HH3&*!%&!@-))-&9!13^(3'*'!+&E!56+&93!%1E31'!+'!13^(-13E#!!
• L33N!3;31A%&3!-&U%1H3E!+&E!(N!*%!E+*3!%&!E35-'-%&'!*6+*!&33E!*%!@3!H+E3!E(1-&9!3+56!N6+'3!%U!*63!5%&'*1(5*-%&!N1%53''#!
• d%12!<-*6!*63!)39+)!N1%U3''-%&+)!+&E!:<&31!*%!N13N+13!@A)+<'!+&E!%N31+*-&9!@(E93*!U%1!+U*31!H%;3T-&!3VN3&'3'#!
• I13N+13!)-;-&9!-&!5%HH(&-*A!+9133H3&*'!+&E!N%)-5-3'!U%1!13&*+)G!N3*'G!'H%2-&9G!('3!%U!*63!5%HH%&!'N+53'G!H+-&*3&+&53!+&E!H+&+93H3&*G!N+1*-5-N+*-%&G!+&E!+&A!%*631!+9133H3&*'!13^(-13E!*%!'(NN%1*!13'-E3&*'!*%!)-;3!6+1H%&-%(')A#!!!
I'/&!,O-)I#+&!
• I13N+13!E%5(H3&*+*-%&!+&E!(&-*!'3)35*-%&#!• D3*!(N!+!N1%91+H!<-*6!+!U-&+&5-+)!-&'*-*(*-%&!%1!H%1*9+93!@1%231!*%!U+5-)-*+*3!3+'3!%U!93**-&9!
6%H3%<&31!U-&+&5-&9!%&!5)%'-&9#!• 0+&+93!+))!5%HH(&-5+*-%&!@3*<33&!*63!@(-)E-&9!5%&*1+5*%1G!N(156+'31'G!)+<A31'G!U-&+&5-+)!
-&'*-*(*-%&'!+&E!+NN1+-'31'!+'!13^(-13E!U%1!*-H3)A!+&E!3UU35*-;3!5)%'-&9!+&E!%55(N+&5A#!!
$&+"!,-#)"0)&+V!$O+0*&++!,%#**0*P!('-!L'O-!+I#-&M!(#-/!J3;3)%N-&9!+&E!E3'-9&-&9!+!'6+13E!U+1H\@('-&3''!13^(-13'!5%))+@%1+*-%&!U1%H!+))!N%*3&*-+)!H3H@31'!
U1%H!*63!@39-&&-&9!1-96*!*61%(96!*%!*63!E+-)A!%N31+*-%&'#!W+;-&9!A%(1!N%*3&*-+)!H3H@31'!-&;%);3E!U1%H!
*63!;31A!U-1'*!H33*-&9!-'!3''3&*-+)!*%!+!'(553''U()!N1%53''#!!!
X6313!+13!U%(1!23A!+13+'!%U!13'3+156!*6+*!13^(-13!*6%1%(96!+&+)A'-'!+'!A%(!N)+&!A%(1!'6+13E!U+1H!
@('-&3''#!d63&!H33*-&9!<-*6!A%(1!5%HH-**3E!+&E!N%*3&*-+)!H3H@31'G!-*!-'!-HN%1*+&*!*%!+EE13''!*63!
U%))%<-&9!^(3'*-%&'!+'!A%(!@(-)E!A%(1!@('-&3''!N)+&#!!
/#-S&"!#*#%L+0+V!!
• d6+*!*AN3!%U!-&E('*1A!+13!A%(!N)+&&-&9!*%!3&*31t!!!• d6+*!+13!-*'!N1-H+1A!U3+*(13't!• d6+*!+13!*63!N%''-@)3!*+193*!H+123*'!U%1!A%(1!N1%E(5*t!!!• d6+*!E3H%91+N6-5!56+1+5*31-'*-5'!E%!*63A!N%''3''t!!!
The Smart Farm Project!:!BIIMQJRS!MARKET RESEARCH !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 18/124
!
• W%<!)+193!+13!*63'3!H+123*'t!!!• d6313!+13!*63A!)%5+*3Et!!!• R'!*63!H+123*!3VN35*3E!*%!91%<!-&!*63!U(*(13t!• d-))!A%(!@3!5%HN3*-&9!-&!+!H+*(13!-&E('*1A!%1!+!91%<*6!-&E('*1At!• d6%!+13!A%(1!5%HN3*-*%1'!-&!*6-'!H+123*t!!!• W%<!)+193!+13!*63'3!5%HN3*-*%1't!!!• W%<!3'*+@)-'63E!+13!*63At!!!• W%<!E%!*63A!N1-53!*63-1!9%%E't!!!• W%<!<-))!*63'3!5%HN3*-*%1'!13+5*!*%!A%(1!3&*1+&53t!• W%<!<-))!A%(!E-UU313&*-+*3!A%(1!N1%E(5*!U1%H!*6%'3!%U!A%(1!5%HN3*-*%1't!!• d6+*!+13!*63!5%HN3*-*%1'f!'*13&9*6'!+&E!<3+2&3''3'G!+&E!6%<!<%()E!A%(1!N1%E(5*!5%HN+13!
+9+-&'*!*63Ht!!!• W%<!E%!A%(!N)+&!%&!9+-&-&9!H+123*!'6+13t!• d6+*!-'!A%(1!N1%b35*3E!H+123*!'6+13t!• d6-56!+13+!6%)E'!+!E3H%91+N6-5!*6+*!<%()E!'(NN%1*!*6-'!N1%b35*!@3'*t!• d6+*!<%()E!-*!*+23!*%!H+23!*63!'N+53!H%'*!+**1+5*-;3!*%!*63'3!U%)2't!• d6-56!*%<&\+13+!'(NN%1*'!*63!N1%b35*!H%'*t!
!
X63!+&'<31'!*%!*63'3!H+123*T13)+*3E!^(3'*-%&'!'6%()E!63)N!*%!E3;3)%N!13+)-'*-5!3'*-H+*3'!%U!*63!
N1%b35*3E!E3H+&E!U%1!A%(1!N1%E(5*!U%1!*63!U-1'*!'3;31+)!A3+1'!%U!%N31+*-%&#!!,+'3E!%&!*6-'!N1%b35*3E!
E3H+&E!A%(!5+&!E3*31H-&3!-*'!+&*-5-N+*3E!)3;3)!%U!@('-&3''!;%)(H3G!<6-56!-'!&33E3E!-&!%1E31!*%!E3'-9&!
*63!&33E3E!U+5-)-*-3'!+&E!H+&+93H3&*#!
"&)I*'%'P0)#%!#*M!'-P#*0Y#"0'*#%!-&cO0-&/&*"+V!
• d6+*!*AN3!%U!3^(-NH3&*!+&E!*356&%)%9A!<-))!*63!@('-&3''!&33E!*%!N1%E(53!-*'!N1%E(5*t!!!• d6+*!+13!*63!5%'*'!-&;%);3Et!!!• X6-'!-&5)(E3'!@%*6!*63!-&-*-+)!N(156+'3!+&E!-&'*+))+*-%&!5%'*'!%U!*63!3^(-NH3&*!+'!<3))!+'!*63!%N31+*-%&+)!5%'*'!%U!1(&&-&9!*63!3^(-NH3&*#!
• d6%!+13!*63!N%*3&*-+)!'(NN)-31'!%U!*6-'!3^(-NH3&*t!!• d6313!+13!*63A!)%5+*3Et!!!• d6+*!'%1*!%U!'31;-53!+&E!<+11+&*-3'!E%!*63A!N1%;-E3t!!!• W%<!)%&9!<-))!-*!*+23!*%!+5^(-13!*63!3^(-NH3&*!+&E!@39-&!%N31+*-%&'t!
• ,+'3E!%&!A%(1!N1%b35*3E!@('-&3''!;%)(H3G!6%<!H(56!1+<!N1%E(5*!<-))!@3!13^(-13Et!!!• d6+*!+13!*63!^(+)-*A!'N35-U-5+*-%&'t!!!
• d-))!A%(!6+;3!+!'(UU-5-3&*!H3H@31'6-N!@+'3!*6+*!5+&!N1%;-E3!*63!1+<!H+*31-+)'t!!• d6+*!+13!*63!N%''-@)3!)%5+*-%&'!U%1!A%(1!U+5-)-*At!!!• d6+*!'-[3!%U!U+5-)-*A!-'!&33E3Et!!!
• d-))!A%(!@(-)E!A%(1!%<&!U+5-)-*AG!%1!N(156+'3!+&!3V-'*-&9!)%5+*-%&t!• d6+*!+13!*63!5%'*'!%U!*63!@(-)E-&9t!!!
• J%3'!*63!N1%N%'3E!)%5+*-%&!6+;3!+E3^(+*3!+553''!*%!-&U1+'*1(5*(13'!+&E!'31;-53'!'(56!+'!H+b%1!6-96<+A'G!1+-)<+A'G!+&E!(*-)-*-3't!!!
• d6313!<-))!*63!U+5-)-*A!@3!)%5+*3E!13)+*-;3!*%!A%(1!5('*%H31't!!!!
The Smart Farm Project!:!BIIMQJRS!
MARKET RESEARCH !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 19/124
!
/#*#P&-0#%!#*M!'-P#*0Y#"0'*#%!-&cO0-&/&*"+V!!
• d6+*!%19+&-[+*-%&+)!'*1(5*(13!-'!*63!1-96*!%&3!U%1!A%(1!@('-&3''t!!!• W%<!-HN%1*+&*!+13!E3)-;31A!5%&*1+5*'!+&E!+!U-V3E!'%(153!%U!'(NN)A!*%!*63!'(553''!%U!*63!@('-&3''t!• d6+*!^(+)-U-5+*-%&'!+13!&33E3E!*%!H+&+93!*63'3!%N31+*-%&'t!!!• d6+*!+13!*63!23A!'*+UU!N%'-*-%&'!*6+*!&33E!*%!@3!U-))3Et!!
• d6+*!*AN3!%U!3VN31-3&53!'6%()E!H+&+93H3&*!6+;3t!!!• B13!*6313!N%*3&*-+)!5+&E-E+*3'!+;+-)+@)3!*%!U-))!'(56!N%'-*-%&'t!!!• d6+*!<-))!@3!*63!5%'*!U+5*%1!-&;%);3E!-&!U-&E-&9!+&E!13*+-&-&9!+553N*+@)3!5+&E-E+*3't!
!
(7>;>57;<!'J94J79QV!
• d6+*!-'!*63!*%*+)!'*+1*T(N!5%'*!13^(-13E!-&!%1E31!*%!@39-&!%N31+*-%&'t!!!• d6+*!+13!*63!5+N-*+)!5%'*'!%U!*63!)+&EG!N)+&*!+&E!3^(-NH3&*G!+&E!%*631!'*+1*T(N!5%'*'!'(56!+'!)39+)!+&E!+55%(&*-&9!5%'*'t!
• d6+*!+13!*63!%N31+*-&9!5%'*'!-&;%);3Et!!• X63'3!-&5)(E3!*63!E+-)A!5%'*'!-&;%);3E!-&!1(&&-&9!*63!@('-&3''v!<+93'G!13&*G!(*-)-*-3'G!+&E!-&*313'*!N+AH3&*'!%&!%(*'*+&E-&9!E3@*#!!!
• ,+'3E!%&!*63!3'*-H+*3E!E3H+&EG!<6+*!+13!*63!13;3&(3!N1%b35*-%&'t!!!• W%<!<-))!A%(!E3*31H-&3!N1-5-&9!+11+&93H3&*'t!!• d6+*!+13!*63!N%''-@)3!'%(153'!%U!U-&+&5-&9t!!
• d6%!+13!N%*3&*-+)!)3&E31't!!!• d6+*!<-))!@3!*63-1!13^(-13E!*31H'!+&E!)-H-*+*-%&'!%U!@%11%<-&9t!
• ,+'3E!%&!*63!3'*-H+*3E!13;3&(3'!+&E!5%'*'G!<6+*!-'!*63!N1%b35*3E!&3*!13;3&(3t!!!• d6+*!-'!*63!@13+2T3;3&!N%-&*t!!
,'"&*"0#%!$#--0&-+!\!)I#%%&*P&+!
X%!5%6%('-&9F!
• 4353-;-&9!+NN1%;+)!%&!+&A!13T[%&-&9!13^(-13E#!• $%T6%('31'G!+'!+!91%(NG!'33H!*%!@3!%;31T3E(5+*3E!+&E!(&E31T3HN)%A3E"#!• X63!N+1+))3)!'*13+H'!%U!*63!N6A'-5+)!E3;3)%NH3&*!+&E!*63!5%HH(&-*A!E3;3)%NH3&*!@%*6!13^(-13!
+!5%&'-E31+@)3!+H%(&*!%U!<%12#!W-1-&9!+NN1%N1-+*3!13'%(153'!*%!+''-'*!3&6+&53'!+!91%(Nf'!N1%@+@-)-*A!%U!'(553''#/!
• B!U3+'-@-)-*A!'*(EA!-'!+!51-*-5+)!*+'2!U%1!N1%b35*!'(553''#!?3+'-@-)-*A!-'!3''3&*-+)!+*!3;31A!'*+93!%U!*63!N1%b35*#!
• ]3*!*63!91%(N!E3;3)%NH3&*!<%12!E%&3!@3U%13!E3'-9&-&9!*63!'N+53#!X6-'!-&5)(E3'!;+)(3'!+&E!;-'-%&!'*+*3H3&*'v!3'*+@)-'6!*63!91%(N!E35-'-%&TH+2-&9!N1%53''G!3*5#!
• r$%6%('-&9!-'!93&31+))A!"CT"=w!H%13!3VN3&'-;3!*6+&!5%&;3&*-%&+)!6%('-&9!%U!*63!'+H3!^(+)-*A#!D%!<3!&33E!*%!@1%+E3&!*63!1+&93!%U!N1-53'!@A!+!H%'+-5!%U!%N*-%&'!-&5)(E-&9!'-[3!%U!(&-*'G!'6+13E!6%('-&9G!513+*-;3!%<&31'6-NG!%1!3;3&!*61%(96!E3;3)%NH3&*!%U!513+*-;3!N+1*&31'6-N'v!91+&*!N1%91+H'G!3*5ls.#!
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!1!"##$%&&'()*++,'"-++,./,0'-&'("(12*./3*.4(35,2(15',2&#,.3*6$,7*6,.#23#(3'("(12*./&!/!6**NF\\5%;-))356+))3&93#5+\5%6%('-&9T-&U%T13'%(153'\*3&T-HN3E-H3&*'T*%T5%6%('-&9\!.!6**NF\\5%;-))356+))3&93#5+\5%6%('-&9T-&U%T13'%(153'\*3&T-HN3E-H3&*'T*%T5%6%('-&9\!
The Smart Farm Project!:!BIIMQJRS!MARKET RESEARCH !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 20/124
!
• R&+E3^(+*3!5%HH(&-*A!@(-)E-&9!5%()E!@3!E3*1-H3&*+)!*%!*63!N1%b35*#!r3)(!,+!'#(!#45#(6'!0$17(!21$&(6!*%!'N3&E!H%&3A!%&!%(*'-E3!3VN31*-'3G!N+1*-5()+1)A!@35+('3!1351(-*H3&*!+&E!H+123*-&9#s>!!!
X%!U+1H-&9F!
• 8+@%(1!'6%1*+93!• D*1%&9!_D!e!03V-5%!5%HN3*-*%1'!E1-;-&9!N1-53'!E%<&!• W-96!N1%E(5*-%&!5%'*'!• _&N13E-5*+@)3!<3+*631!+&E!'3+'%&+)-*A!• M5%&%H-3'!%U!'5+)3!• 8+52!%U!+!N1%53''-&9!H+123*!• I3'*!+&E!E-'3+'3!5%&*1%)!• ?%%E!'+U3*A!• ,$!139()+*-%&'!
!
,'"&*"0#%!',,'-"O*0"0&+!\!)'//O*0"L!*&&M+!
• W%('-&9!&33E'!%&!*63!5%+'*!+&E!-&!,$#!• ?%%E!&33E'!%&!*63!$%+'*!+&E!-&!,$#!• R&5%H3'!%&!*63!5%+'*!+&E!&33E!U%1!+UU%1E+@)3!6%('-&9#!• R&!53&*13'!<-*6!N%N()+*-%&'!@3)%<!"CGCCCG!6%('-&9!'*+1*'!<313!(N!U-;3!N31!53&*#!• ,(-)E31'!+13!'6-U*-&9!*%!H%13!H()*-N)3!6%H3!5%&'*1(5*-%&#!:&3!U+5*%1!@36-&E!*63!'6-U*!*%!H%13!
H()*-N)3!6%H3!5%&'*1(5*-%&!-'!*6+*!@(-)E31'!+13!U%5('-&9!%&!H33*-&9!*63!E3H+&E!U%1!H%13!H%E31+*3)A!N1-53E!6%H3'!-&!*63!g+&5%(;31!$0B#=!
• I1%V-H-*A!*%!g+&5%(;31G!5%H@-&3E!<-*6!13)+*-;3)A!-&3VN3&'-;3!6%('-&9G!63)N'!E1+<!13*-133'!+&E!*6%'3!<6%!5+&!<%12!U1%H!6%H3!*%!*63!+13+#K!
• _&3HN)%AH3&*!6+'!13H+-&3E!13)+*-;3)A!*63!'+H3!@3*<33&!/CCP!k!/C""!+*!+&!+;31+93!%U!7w#!X6-'!-'!5%HN+1+@)3!*%!g+&5%(;31G!<6-56!+)'%!+;31+93'!7w#7!
• X63!U-9(13'!-&!*6-'!8+&E!_'3!R&;3&*%1A!5)3+1)A!E3H%&'*1+*3!*6+*!+91-5()*(13!%&!*63!D(&'6-&3!$%+'*!5%&'-'*'!%U!'H+))!)%*!U+1H'!<-*6!)%<!N1%E(5*-%&!)3;3)'#!d-*6!&%!E+-1A!U+1H'!3;-E3&*!E(1-&9!*63!'(1;3A!+&E!+!)%<!E-;31'-*A!%U!N1%E(5*-%&!-*!<+'!5)3+1!*6+*!*6313!-'!'(@'*+&*-+)!1%%H!U%1!91%<*6!-&!*63!+91-5()*(13!'35*%1!-&!*6-'!139-%&#!
• X6313!-'!3&%1H%('!N%*3&*-+)!U%1!;+)(3!+EE3E!)%5+)!N1%E(5*'!*6+*!+EE13''!56+&9-&9!*13&E'!-&!*63!U%%E!-&E('*1A#!
• :19+&-5!-*3H'#!• $+&&3E!9%%E'#!!
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!>!6**NF\\5%;-))356+))3&93#5+\5%6%('-&9T-&U%T13'%(153'\*3&T-HN3E-H3&*'T*%T5%6%('-&9\!8!9-.-7-!:(5#/-/,!-.7!;(12*./!9(5$(5-#*(.0!!"#$%&'()*#+,-./0#12314!<!=9!>#-#2?!:*.*2#5@!(4!A-B(15?!9*#*C,.2D!>,5)*',2!-.7!E$,.!F(),5.6,.#0!5&,-0/-67#8/*(%),6#90,0('0(:'#;#9&)'()/#"%,'0<#8=<#9/:%)>#5&,-0/-#12314!G!=9!>#-#2?!:*.*2#5@!(4!A-B(15?!9*#*C,.2D!>,5)*',2!-.7!E$,.!F(),5.6,.#0!5&,-0/-67#8/*(%),6#90,0('0(:'#;#9&)'()/#"%,'0<#8=<#9/:%)>#5&,-0/-#12314!
The Smart Farm Project!:!BIIMQJRS!
MARKET RESEARCH !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 21/124
!
• D+(53'G!H+1-&+E3'G!b+H'#!!• ,+23E!9%%E'#!• ?1%[3&!9%%E'#!!• 8%5+)!+&E!139-%&+)!&%&TU%%E!N1%E(5*'!YU)%<31'G!%1&+H3&*+)!&(1'31AG!&+*-;3!N)+&*'G!@()@'Z#!• R&*3&'-;3!6%1*-5()*(13!YU)%1-5()*(13Z#!• B91-T*%(1-'H!;+)(3T+EE3E!Y51+U*'Z#!• B91-T*%(1-'H!'31;-53'!Y@3E!e!@13+2U+'*Z#!• X1+-)'!('3#!• M^(3'*1-+&!1-E-&9G!'*+@)3'#!!
! !
The Smart Farm Project!:!BIIMQJRS!
MARKET RESEARCH !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 22/124
!
+/#-"!(#-/!+O-3&L!-&+O%"+!
B!DH+1*!?+1H!'(1;3A!<+'!E3'-9&3E!@A!*63!DH+1*!?+1H!N1%b35*!*3+H!U%1!E-'*1-@(*-%&!+*!%(*13+56!3;3&*'#!X63!&(H@31!%U!13'N%&E3&*'!<+'!/K#!
1. "69!?:4J9H!7?!5=>A7@9>87;<!G:8!Q9!Q=:<@!<7N9!8=!N>=Q!;!<788<9!G78!;G=:8!H=:B!E<9;?9!5695N!;<<!86;8!;EE<H!
a) R!+H!+!N+13&*!%U!+!56-)E!(&E31!"O! ! P!! ! Y.>wZ!b) R!+H!13*-13E! ! ! ! K! ! Y/.wZ!c) R!%<&!HA!%<&!6%H3! ! ! "7! ! YK=wZ!d) R!6+;3!3VN31-3&53!-&!U+1H-&9! ! "Cj!! ! Y.OwZ!e) R!)-;3\6+;3!)-;3E!-&!5%T6%('-&9! ! "C! ! Y.OwZ!f) R!+H!'-&9)3!! ! ! ! K! ! Y/.wZ!g) R!+H!'3)UT3HN)%A3E!! ! ! ".! ! Y=CwZ!KLC/,!M!E&+=$($+,!
%$,B*(,$,!'(='.&"$!='?$+,'"1!'(!"$+6,!*)!=$6*E+&B#'.,!&(=!$NB$+'$(.$H!!0'E(')'.&("!(/6:$+,!*)!
+$,B*(=$(",!#&?$!B+'*+!$NB$+'$(.$!D'"#!.*O#*/,'(E!&(=P*+!)&+6'(EH!Q)!"#*,$!"#&"!&+$!./++$("C1!
$6BC*1$=F!"#$!6&G*+'"1!&+$!,$C)O$6BC*1$=H!
2. 16;8!7?!H=:4!<9J9<!=A!7>8949?8!7>!+D;48!(;4D7>Fd!,<9;?9!)745<9!
e!C!,=7>8?!Q%&3! ! C!V!C!x!C! Cw!8%<! ! /!V!"!x!/! 7w!0%E31+*3!! =!V!/!x!"C! "Pw!W-96! ! "C!V!.!x!.C! .Ow!g31A!W-96! P!V!>!x!.K! .>w!R*"&C!ST!B*'(",H!SMU!+$,B*(=$=!#'E#!*+!?$+1!#'E#!'("$+$,"!@!1$&+,!&E*!VMWU!?$+1!#'E#2F!SU!C*D!'("$+$,"!
!3. 16;8!Q;?!H=:4!<9J9<!=A!7>8949?8!7>!+D;48!(;4D7>F!_!H9;4?!;F=!ZWZfd!,<9;?9!)745<9!
Q%&3! ! K!V!C!x!C! /.w! !8%<! ! >!V!"!x!>! "=w!0%E31+*3!! 7!V!/!x!">! /7w!W-96! ! .!V!.!x!P! ""w!g31A!W-96! K!V!>!x!/>! /.w!R*"&C!@X!B*'(",!
MWU!+$,B*(=$=!#'E#!*+!?$+1!#'E#!'("$+$,"!@!1$&+,!&E*!VYMU!?$+1!#'E#2F!MTU!(*!"*!C*D!'("$+$,"!
!
X63!13'N%&'3'!*%!*63'3!*<%!^(3'*-%&'!-&E-5+*3!-&513+'-&9!-&*313'*!-&!DH+1*!?+1H-&9!+H%&9!*63!
-&E-;-E(+)'!<6%!5%HN)3*3E!*63!'(1;3AG!7.w!%U!N+1*-5-N+&*'!-&E-5+*3!6-96!%1!;31A!6-96!-&*313'*!+*!*63!
5(113&*!*-H3G!5%HN+13E!*%!.>w!U-;3!A3+1'!+9%#!!!
The Smart Farm Project!:!BIIMQJRS!
MARKET RESEARCH !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 23/124
!
4. 16;8!;49!H=:!g=4!H=:4!=4F;>7h;87=>TG:?7>9??i!@=7>F!47F68!>=Q!7>!894D?!=A!A;4D7>FT5=W6=:?7>F!=4!?:EE=48!A=4!A;4D7>FT5=W6=:?7>Fd!!
147889>!49?E=>?9?V!B# M;%);-&9!N31H+5()*(13G!E-;31'-*AG!*-&A!6%('-&9G!35%&%HA!U133!,# W+;3!@33&!<%12-&9\'*(EA-&9!+'!+!N31H+5()*(13!E3'-9&31!U%1!"=A3+1'G!U+1H-&9!U%1!"!A3+1G!
'(NN%1*-&9!5%T6%('-&9!U%1!"C!A3+1'#!g-))+93!g+&5%(;31!,%+1E!H3H@31#!03E-+!N1%E(531!U%1!Q3-96@%16%%E!?%%E!D35(1-*A!Q3*<%12'!+&E!$-*A!%U!g+&5%(;31!D%5-+)!I%)-5A!
$# $%&'()*-&9!*%!)+&E%<&31'!+&E!9%;31&H3&*!%&!+91-5()*(13G!U+1H!N)+&&-&9!+&E!U%%E!'35(1-*A!J# ,+52A+1E!H+123*!9+1E3&G!&%*!-&*313'*3E!-&!5%T6%('-&9!M# ?+1H!?%)2G!$-*A!?%)2G!<%12-&9!*%!93*!5%HH(&-*A!U+1H'!135%9&-[3E!+&E!H%13!6%('-&9!%&!B84!?# ?+1H-&9!U())!*-H3!k!*1A-&9!*%!H+23!H%&3Ao!W%N3!*%!@3!'3)UT'(UU-5-3&*#!8%%2-&9!U%1!U+1H!63)N!-&!
13*(1&!U%1!U133!+55%HH%E+*-%&!
]# Q%&3!
W# ME(5+*-&9!%(1'3);3'!+&E!3VN31-H3&*-&9!<-*6!%(1!%<&!N1%N31*A!
R# ,(-)E-&9!-&*3&'-;3!)+193!1+-'3E!@3E!9+1E3&!
`# ]1%<-&9!'%H3!%U!%(1!%<&!U%%E!
L# d3!6+;3!+!91%<-&9!9+1E3&!+&E!<+&*!*%!91%<!-*!U(1*631!
8# y(-*3!+!@-*!k!*6%(96!<3!5%()E!)-23)A!@3!H%13!-&;%);3E!3'N35-+))A!-&!*31H'!%U!E-'5(''-&9!-''(3'!
+1%(&E!-&&%;+*-;3!@(-)E-&9'!+&E!5%E3!5%HN)-+&53!
0# Q%!13'N%&'3!6313!Q# R!+H!+@'%1@-&9!-&U%1H+*-%&!U1%H!R%&3!<6%!-'!+!13+))A!'H+1*!5%%2-3!<63&!-*!5%H3'!*%!+91-5()*(13!
:# R&;3'*-9+*-&9!k!)%%2-&9!
I# a+1EG!9+1E3&!'6+13!
y# ,1%(96*!*63!)+193'*!+513+93!*6+*!R!5%()E!+UU%1E!Y"\/!+513Z!*%!U+1H!HA'3)U!+U*31!5%T6%('-&9!N1%b35*!
U+-)3E!
4# d%12-&9!%&!N1%*%*AN3'!U%1!*1+&'-*-%&+)!6%('-&9!U%1!5%T6+@-*+*-%&!
D# 0A!%<&!9+1E3&!
X# D*(EA-&9!N31H+5()*(13\6%1*-5()*(13!*631+NAG!91%<-&9!U%%E!
_# DH+))T'5+)3!U%%E!N1%E(5*-%&!+&E!3VN31-H3&*+*-%&!<-*6!U%%E!N1%E(5*'!
g# Q%*6-&9!!
d# R&*313'*3E!-&!3VN)%1-&9!%NN%1*(&-*-3'!*%!('3!+&!(&E31!(*-)-[3E!13'%(153!k!%(1!)%+&!U(&E'!S# R!+H!-H+9-&-&9!6%<!*%!E%!*6-'!
a# W+;3!@33'!+&E!'H+))!9+1E3&G!6('@+&E!N13;-%(')A!U+1H3E!-&!:&*+1-%!+&E!63fE!)%;3!*%!93*!@+52!
-&*%!-*!
!
5. 16;8!E<;>?!@=!H=:!6;J9!A=4!869!A:8:49!7>!894D?!=A!A;4D7>FT5=W6=:?7>F!=4!?:EE=48!A=4!A;4D7>FT5=W6=:?7>Fd!!
147889>!49?E=>?9?V!B# d3!+13!E%-&9!-*!+'!<3!'N3+2!
The Smart Farm Project!:!BIIMQJRS!
MARKET RESEARCH !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 24/124
!
,# ?())!3&9+93H3&*!<-*6!)-;-&9!-&!5%!6%('-&9!+&E!U+1H-&9G!H3E-+!N1%E(5*-%&!5%&*-&(3E!N%)-5A!
3&9+93H3&*!
$# $%&*-&(3!*%!'(NN%1*!,$!U+1H31'!*61%(96!+91%)%9-'*!'(NN%1*!+&E!@(A-&9!,$!N1%E(5*'!
J# 0%13!U+1H-&9o!8%%2-&9!+*!-&*3&'-;3!>!'3+'%&!H3*6%E!
M# ?%1H!+!5%HH%E-*A!U+1H!)+&E!*1('*#!,(-)E!+!5%@!6%('3!%&!HA!U+1H#!
?# R!+H!)%%2-&9!-&*%!+91%*%(1-'H!+&E!6+;-&9!+!U+1H!63)N!
]# 8-'*3&!
W# J3;3)%N!+!<%12-&9!%19+&-5!U+1H!H%E3)!
R# 8+193!9+1E3&!+&E!%156+1E!
`# ]1%<-&9!'%H3!%U!%(1!%<&!U%%E!
L# R!<+&*!*%!@3!+!DH+1*!?+1H31o!
8# 43+))A!-&*313'*3E!-&!*63!5%T6%('-&9!-&-*-+*-;3!@(-)E-&9G!)3''!-&!U+1H-&9!N31'%&+))A!@(*!R!5%()E!@3!
-&*313'*3E!-&!+!6%('-&9!'-*(+*-%&!*6+*!'(NN%1*'!*63!)+&E!
0# R!<%()E!)%;3!*%!'33!HA!=!+513'!('3E!U%1!U+1H-&9G!<+&*!*%!)3+1&!6%<!*%!'6+13!-*!<-*6!A%(&9!N3%N)3!
Q# `('*!U33)-&9!-&'N-13E##!&%!N)+&'!U%1!+5*-%&!1-96*!&%<!@35+('3!-*!'33H'!)-23!+!1+E-5+)!'6-U*!*%!'*+1*!
U+1H-&9G!@(*!R!13+))A!)-23!*63!+1*'!+&E!5()*(13!+&9)3!A%(!+13!*+2-&9#!R!)%;3!H('-5!+&E!+1*!+&E!<6A!
&%*!H+23!*6+*!N+1*!%U!A%(1!+91-\U+1H!N)+&!
:# B@%;3!@(*!U-&+&53'!+13!+!@-9!N1%@)3H!
I# $%&*-&(3!A+1E\9+1E3&!'6+13!+&E!U1(-*!*133!N1%b35*!
y# d+&*o!d+&*o!d+&*o!R!&33E!*%!U+1H!5%%N31+*-;3)A!+'!R!5+&f*!E%!-*!+))!HA'3)U!+'!+!'-&9)3!N+13&*!
4# 8%%2-&9!*%!91%<!'N1%(*-&9!'33E'!-&!+!5%%N31+*-;3!U+1H!'-*(+*-%&!-&!*63!U(*(13!
D# 0%1+)!'(NN%1*!
X# Q%*!'(13!
_# D*+A!*(&3E!<-*6!3;%);-&9!)%5+)!-E3+'!+&E!-&-*-+*-;3'!
g# Q%&3!
d# d3!Y%19+&-[+*-%&Z!+13!-&*313'*3E!-&!'(NN%1*!@(*!&33E!5%HH(&-*A!-&N(*!Y-E3+'G!56+HN-%&'Z!
S# R!+H!-H+9-&-&9!6%<!*%!E%!*6-'!
a# R*f'!'%H3*6-&9!<3fE!@3!-&*313'*3E!-&!3VN)%1-&9G!<3!+13!)-H-*3E!-&!<6+*!<3!5+&!E%!+*!%(1!5(113&*!
N1%N31*A!k!@A)+<'!E%&f*!+))%<!56-523&'!U%1!3V+HN)3!+&E!*6+*f'!'%H3*6-&9!<3fE!)%;3#!W+;3&f*!
)-;3E!-&!5%T6%('-&9!@3U%13!@(*!-*f'!'%H3*6-&9!<3fE!)-23!*%!E%!<63&!<3!+13!13*-13E!Y"Ch!A3+1'!
U1%H!&%<Z!!
!
The Smart Farm Project!:!BIIMQJRS!
MARKET RESEARCH !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 25/124
!
!
The Smart Farm Project!!!!!!!!!!!!!!!!! LEGAL OVERVIEW ,A!0M8BQRB!$BQQ:Q!
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 26/124
!
LEGAL OVERVIEW ,A!0M8BQRB!$BQQ:Q!
INTRODUCTION X6-'!13N%1*!13;-3<'!*63!;+1-%('!)39+)!'*1(5*(13'!*6+*!3V-'*!U%1!N1%N31*A!%<&31'6-N!%&!+!U+1H3E!1(1+)!
+513+93!Y<-*6!5)('*313E!6%('-&9ZG!+&E!U%1!U+1H!H+&+93H3&*!+&E!%;31'-96*!%&!*6%'3!N1%N31*-3'#!X63!
13N%1*!*63&!13;-3<'!*63!5(113&*![%&-&9!-&!*63!D(&'6-&3!$%+'*!439-%&+)!J-'*1-5*!YD$4JZG!<6313!*63!
N1%N31*-3'!+13!)%5+*3EG!+&E!-&*1%E(53'!3V+HN)3'!%U![%&3'!-&!%*631!H(&-5-N+)-*-3'!*6+*!5%&*3HN)+*3!*63!
2-&E!%U!N1%N31*A!%<&31'6-N!+&E!('3!-&*3&E3E!U%1!*63!N1%N31*-3'G!@3U%13!'3**-&9!%(*!<6+*!*63!-E3+)!
[%&-&9!U%1!*63!N1%N31*-3'!<%()E!)%%2!)-23#!X63!13N%1*!*63&!+NN)-3'!*63!)39+)!5%&'-E31+*-%&'!'3*!%(*!-&!
D35*-%&'!RR!k!Rg!*%!*63!H%E3)!N1%N31*-3'G!H+2-&9!135%HH3&E+*-%&'!<-*6!13'N35*!*%!<6+*!'*1(5*(13'!
<%()E!@3!@3'*!'(-*3E!*%!3+56!N1%N31*A#!X63!13N%1*!9%3'!%&!*%!N1%;-E3!+!@+'-5!%;31;-3<!%U!%*631!
139()+*%1A!139-H3'!+&E!5%&*1%)'!*6+*!'6%()E!@3!5%&'-E313E!@A!N1%N31*A!%<&31'!'332-&9!*%!H+23!('3!%U!
*63!DH+1*!?+1H!I1%b35*#!?-&+))AG!*63!13N%1*!5%&5)(E3'!<-*6!)-'*'!%U!23A!)39+)!^(3'*-%&'!*6+*!U+1H31'!+&E!
)%5+)!9%;31&H3&*'!'6%()E!+'2!<63&!N)+&&-&9!+!U+1H!%U!*6-'!2-&E#!
!
LEGAL STRUCTURES AVAILABLE FOR PROPERTY OWNERSHIP ON A FARMED RURAL ACREAGE (WITH CLUSTERED OR CO-HOUSING) X6313!+13!'3;31+)!%N*-%&'!+;+-)+@)3!U%1!N1%N31*A!+&E!6%H3!%<&31'6-N!%&!1(1+)!+513+93'!%U!*63!2-&E!
E3'51-@3E!-&!*6-'!13N%1*#!D%H3!%U!*63'3!-&;%);3!*63!'6+13E!%<&31'6-N!%U!N1%N31*AG!<6-)3!%*631'!)3+;3!
%<&31'6-N!-&!*63!6+&E'!%U!%&3!-&E-;-E(+)G!5%HN+&A!%1!'%5-3*A#!D%H3!13^(-13!'(@E-;-'-%&!%U!*63!N1%N31*AG!
N+1*-5()+1)A!<6313!*6313!<-))!@3!'3N+1+*3!%<&31'6-N!%U!*63!)+&E!+&E!*63!@(-)E-&9'#!d6+*!U%))%<'!-&!*6-'!
'35*-%&!-'!+!@+'-5!%;31;-3<!%U!*63!E-UU313&*!2-&E'!%U!%<&31'6-N!*6+*!5%()E!@3!N(*!-&!N)+53!%&!*63!H%E3)!
N1%N31*-3'#!!
#i!0*M030MO#%!'1*&-+I0,!X63!'-HN)3'*!U%1H!%U!%<&31'6-N!-'!'%)3!%1!-&E-;-E(+)!%<&31'6-N!-&!U33!'-HN)3#!r?33!'-HN)3s!-'!*63!*31H!
('3E!*%!E3'51-@3!*63!H%'*!5%HN)3*3!+&E!@+'-5!U%1H!%U!)+&E!%<&31'6-N!-&!$+&+E+#!!
7i!$H!;!,94?=>!I1%N31*A!%<&3E!@A!+&!-&E-;-E(+)!5%()E!@3!+NN1%N1-+*3!U%1!+!U+1H3E!1(1+)!+513+93!<-*6!5)('*313E!6%('-&9G!
E3N3&E-&9!%&!*63!&33E'!+&E!N13U313&53'!%U!*63!%<&31!+&E!k!-U!+!'3N+1+*3!-&E-;-E(+)!k!*63!U+1H31#!?%1!
3V+HN)3G!-U!+&!-&E-;-E(+)!%<&31!<-'63E!*%!H+23!*63-1!)+&E!+;+-)+@)3!*%!@3!U+1H3E!@A!%*631'G!*6-'!5%()E!
@3!E%&3!*61%(96!+!)3+'3!+9133H3&*!%1!+&%*631!@('-&3''!+11+&93H3&*G!<-*6!-&E-;-E(+)!U+1H31'G!+!
@('-&3''!%1!+!5%%N31+*-;3G!<-*6%(*!6+;-&9!*%!+)*31!*63!U(&E+H3&*+)!%<&31'6-N!%U!*63!N1%N31*A#!d%1231'!
5%()E!@3!6%('3E!%&!*63!N1%N31*A!*3HN%1+1-)AG!'(@b35*!*%!*63![%&-&9!+&E!@(-)E-&9!13^(-13H3&*'!%U!*63!
H(&-5-N+)-*A!+&E!*63!N1%;-&53#!
The Smart Farm Project!:!BIIMQJRS!LEGAL OVERVIEW !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 27/124
!
X63!&%&TN1%U-*!'%5-3*A!?+1H?%)2\$-*A?%)2!&%*3'!-&!-*'!'(1;3A!%U!5%HH(&-*A!U+1H'!-&!,$!*6+*!N1-;+*3!
%<&31'6-N!%U!U+1H'!%N31+*-&9!%&!+!5%HH(&-*A!U+1H!H%E3)!N13'3&*'!<6+*!*63A!U1+H3!+'!.!H+-&!
56+))3&93'F!!
• d-*6%(*!+&!+91-5()*(1+)!5%;3&+&*G!*63!)+&E!-'!&%*!N31H+&3&*)A!N1%*35*3E!U%1!+91-5()*(13v!
• X63!)+&E%<&31!13*+-&'!+!H+b%1!'*+23!-&!)+&E!('3!E35-'-%&'v!+&E!
• RU!*63!%<&31!13&*'!%(*!*63!)+&E!%1!%*631<-'3!+))%<'!-*!*%!@3!U+1H3E!@A!%*631'G!5%&U)-5*'!H+A!+1-'3!
@3*<33&!*63!%N31+*-&9!U+1H31'!%&!*63!%&3!6+&E!+&E!*63!)+&E%<&31!%&!*63!%*631G!N+1*-5()+1)A!-&!
)-96*!%U!*63!N%*3&*-+)!U%1!H+123*!N13''(13'!*%!'3))!%1!E3;3)%NG!%1!3'*+*3!N)+&&-&9!&33E'#O!
J3N3&E-&9!%&!*63!5-15(H'*+&53'!%U!*63!-&E-;-E(+)!)+&E%<&31G!*63!)+**31!/!56+))3&93'!H+A!&%*!@3!
56+))3&93'!+*!+))#!X6-'!H+A!@3!+&!+NN1%N1-+*3!H%E3)!<6313!*63!N1%N31*A!-'!+)13+EA!%<&3E!@A!+&!
-&E-;-E(+)!<6%!<+&*'!*%!13*+-&!U())!%<&31'6-N!<6-)3!@35%H-&9!H%13!3&9+93E!-&!*63!'H+))T'5+)3!U+1H-&9!
5%HH(&-*A#!
d-*6!13'N35*!*%!*63!)+52!%U!+&!+91-5()*(1+)!5%;3&+&*G!-*!-'!N%''-@)3!*%!N(*!'(56!+!5%;3&+&*!-&!N)+53!3;3&!-U!
*63!)+&E!-'!63)E!N1-;+*3)A#!X6-'!-'!E-'5(''3E!-&!H%13!E3*+-)!+*!JZ!D35*-%&!/"P!$%;3&+&*'#!!
77i!$H!;!+=5798H!g7>5<:@7>F!;!(;4D!"4:?8i!=4!)=4E=4;87=>!B!5%1N%1+*-%&!%1!+!'%5-3*A!H+A!%<&!N1%N31*A!-&!*63!'+H3!<+A!*6+*!+&!-&E-;-E(+)!E%3'#!X63!N1%N31*A!-'!
%<&3E!-&!-*'!3&*-13*A!@A!%&3!3&*-*AG!3;3&!*6%(96!*6+*!3&*-*A!H+A!@3!%<&3E!+&E!5%&*1%))3E!@A!'3;31+)!
N3%N)3!%1!%*631!%19+&-[+*-%&'#!?%1!3V+HN)3G!+!5%%N31+*-;3!%1!*1('*!'%5-3*A!H+A!%<&!)+&EG!+&E!3-*631!
)3+'3!*63!6%('3'!%&!*63!)+&E!*%!U+1H31'G!%1!+))%<!H3H@31'!%U!*63!5%%N31+*-;3!*%!)-;3!-&!6%H3'!%&!*63!
)+&E!<6-)3!*63A!<%12!*6313#!X6313!H+A!+)'%!@3!*-31'!%U!H3H@31'6-N!-&!*63!%19+&-[+*-%&!*6+*!%<&'!*63!
N1%N31*AG!'%!*6+*!+!5%13!91%(N!%U!H3H@31'!H+A!)-;3!%&!*63!N1%N31*AG!<6-)3!%*631'!+13!N+A-&9!H3H@31'!
<-*6!531*+-&!;%*-&9!1-96*'!+&E!%*631!@3&3U-*'#!
X6-'!H+A!@3!+&!+NN1%N1-+*3!H%E3)!<6313!*63!9%+)!-'!*%!N(*!*63!U-&+)!E35-'-%&TH+2-&9!N%<31!139+1E-&9!
*63!N1%N31*A!-&!*63!6+&E'!%U!*63!%19+&-[+*-%&G!1+*631!*6+&!+&!-&E-;-E(+)#!B!5%%N31+*-;3!U+1H!@('-&3''G!+!
*1('*G!%1!+!&%&TN1%U-*!'%5-3*A!5%()E!%<&!*63!N1%N31*A!+'!+!'%)3!%<&31G!+&E!*63!Y[%&-&9!5%HN)-+&*Z!
E<3))-&9'!%&!*63!N1%N31*A!5%()E!@3!%55(N-3E!@A!%19+&-[+*-%&!H3H@31'!%1!U+1H!<%1231'#!B)*31&+*-;3)AG!+!
'%5-3*A!%1!*1('*!5%()E!%<&!*63!)+&E!+&E!*63&!)3+'3!-*!@+52!*%!*63!%1-9-&+)!%<&31!%1!*%!+!)%5+)!U+1H!
%19+&-[+*-%&#!X6-'!H%E3)!-'!135%HH3&E3E!@A!?+1H?%)2\$-*A?%)2#!!
$i!+I#-&M!'1*&-+I0,!d6313!H%13!*6+&!%&3!N31'%&!%1!3&*-*A!%<&'!N1%N31*AG!*63!%<&31'6-N!H+A!@3!'*1(5*(13E!+'!+!rb%-&*!
*3&+&5As!%1!+!r*3&+&5A!-&!5%HH%&s#!!
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!H!I9(661.*#@!J-562!*.!=9%!=1*+7*./!A('-+!J((7!>@2#,62!4(5!>12#-*.-B+,!9(661.*#*,2K?!J-56J(+L&9*#@J(+L!M,B2*#,?!(.+*.,!-#!"##$%&&MMM04-564(+L'*#@4(+L0'-&NOJ2PQPO('2&9JN7('2&'(661.*#@P4-562P*.PB'P215),@P5,$(5#0$74!-#!$-/,!R!S9(661.*#@!J-562!T,$(5#U0!
The Smart Farm Project!:!BIIMQJRS!LEGAL OVERVIEW !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 28/124
!
! 7i!.=7>8!"9>;>5H!!`%-&*!*3&+&5A!H3+&'!*6+*!+))!%U!*63!%<&31'!6+;3!+&!3^(+)!%<&31'6-N!-&*313'*!-&!*63!N1%N31*A!+'!+!<6%)3G!
+&E!&%!'-&9)3!%<&31!5+&!'3))!*63!N1%N31*A!%1!+&A!N%1*-%&!%U!-*#!X6-'!H%E3)!%U!%<&31'6-N!-'!%U*3&!13U3113E!
*%!+'!r)+'*!H+&!'*+&E-&9sG!@35+('3!<63&!%&3!%U!*63!%<&31'!E-3'!*63-1!%<&31'6-N!-&*313'*!E%3'!&%*!9%!
<-*6!*63!13'*!%U!*63-1!3'*+*3G!@(*!1+*631!13;31*'!*%!*63!'(1;-;-&9!%<&31'#!`%-&*!*3&+&*'!+13!+)'%!3VN%'3E!*%!
%&3!+&%*631f'!)-+@-)-*AG!+'!*63!N1%N31*A!+'!+!<6%)3!H+A!@3!*63!'(@b35*!%U!513E-*%1'f!5)+-H'!%1!*63!E-;-'-%&!
%U!+''3*'!-&!+!H+1-*+)!N1%533E-&9#!,35+('3!b%-&*!*3&+&5A!'-9&-U-5+&*)A!5%&'*1+-&'!*63!H+&+93H3&*!+&E!
'+)3!%U!N1%N31*AG!H+2-&9!-*!E-UU-5()*!*%!'(@E-;-E3!%1!56+&93!%<&31'G!-*!-'!+!H%'*)A!3HN)%A3E!-&!*63!5%&*3V*!
%U!H+1-*+)!13)+*-%&'6-N'#!!
! 77i!"9>;>5H!7>!)=DD=>!R&!+!*3&+&5A!-&!5%HH%&G!3+56!%<&31!6%)E'!+!'N35-U-3E!N3153&*+93!%U!*63!N1%N31*AG!+&E!+)*6%(96!*63!
N1%N31*A!-'!(&E-;-E3E!3+56!%<&31!H+A!'3))!*63-1!-&*313'*!-&!-*#!!RU!%&3!*3&+&*!-&!5%HH%&!E-3'G!*63-1!
-&*313'*!-&!*63!N1%N31*A!N+''3'!*%!*63-1!63-1'G!1+*631!*6+&!13;31*-&9!*%!*63!%*631!%<&31'#!
X6-'!H%E3)!5%()E!<%12!<3))!U%1!H3H@31'!%U!+!U+H-)A!%1!+!'H+))!91%(N!%U!-&E-;-E(+)'!<6%!<-'6!*%!5%T%<&!
*63!N1%N31*A!<-*6%(*!*63!&33E!*%!'(@E-;-E3!%1!U%1H!+!9%;31&-&9!5%1N%1+*-%&!%1!'%5-3*A#!W%<3;31G!-*!
5%()E!^(-52)A!@35%H3!N1%@)3H+*-5!-U!%&3!%<&31!E35-E3'!*%!'3))!*63-1!-&*313'*G!%1!-U!+&!%<&31!N+''3'!+<+A!
+&E!*63-1!-&*313'*!9%3'!*%!*63-1!63-1'!k!<6%!H+A!-&!*(1&!6+;3!E-UU313&*!%N-&-%&'!139+1E-&9!<6+*!'6%()E!
@3!E%&3!<-*6!*63!N1%N31*A#!
:&!'%H3!+513+93'G!-*!5%()E!@3!+NN1%N1-+*3!U%1!+!*1('*G!'%5-3*A!%1!5%1N%1+*-%&!*%!%<&!*63!N1%N31*A!+'!+!
*3&+&*!-&!5%HH%&!<-*6!%&3!%1!*<%!-&E-;-E(+)'G!-U!*6%'3!-&E-;-E(+)'!<313!*63!%&)A!13'-E3&*'!%U!*63!
E<3))-&9'!%&!*63!N1%N31*AG!+&E!-U!*63!-&E-;-E(+)'!<313!+)'%!9%;31&-&9!H3H@31'!%U!*63!%19+&-[+*-%&#!
J3N3&E-&9!%&!*63!U-&+&5-+)!5+N+5-*A!%U!*63!%19+&-[+*-%&G!*6-'!5%()E!-&513+'3!*63!%NN%1*(&-*A!U%1!*63!
-&E-;-E(+)'!*%!6+;3!+&!%<&31'6-N!-&*313'*!-&!*63!N1%N31*A!+&E!-&!*63-1!6%H3'G!*6('!6+;-&9!H%13!5%&*1%)!
%;31!*63!N1%N31*A!*6+&!*63A!H-96*!%*631<-'3!6+;3!-U!*63A!'-HN)A!)3+'3E!%1!%55(N-3E!6%H3'!%<&3E!@A!+&!
%19+&-[+*-%&#!
)i!+O$M030+0'*!I1%N31*A!5+&!@3!'(@E-;-E3E!-&!'3;31+)!<+A'#P!!
7i!)=>J9>87=>;<!+:G@7J7?7=>!$%&;3&*-%&+)!'(@E-;-'-%&!-&;%);3'!'N)-**-&9!+!)+1931!N1%N31*A!-&*%!H()*-N)3!)%*'#!_'(+))A!*63!%<&31!
'(@E-;-E-&9!-&!*6-'!<+A!<%()E!'-HN)A!'3))!%&3!%1!H%13!%U!*63!13'()*-&9!)%*'#!X6-'!<%()E!N1%@+@)A!&%*!@3!
+NN1%N1-+*3!U%1!*63!2-&E!%U!N1%N31*A!H+&+93H3&*!3&;-'-%&3E!-&!*63!DH+1*!?+1H!I1%b35*#!
77i!+84;8;!+:G@7J7?7=>!D*1+*+!'(@E-;-'-%&!-'!H%13!5%HN)3V#!R*!-&;%);3'!E-;-E-&9!N1%N31*A!-&*%!H()*-N)3!(&-*'#!I3%N)3!H+A!*63&!
@(A!(&-*'G!+&E!+)'%!6+;3!+!1-96*!*%!('3!5%HH%&!3)3H3&*'!%U!*63!'*1+*+#!D*1+*+'!-&!,1-*-'6!$%)(H@-+!+13!
9%;31&3E!@A!*63!0"+&"&!L+*B$+"1!I."#!!B!@+13!)+&E!'*1+*+!'(@E-;-E3'!)+&E!-*'3)UG!1+*631!*6+&!+!@(-)E-&9!
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!R!V!/((7!B-2*'!(),5)*,M!(4!21B7*)*2*(.!'-.!B,!4(1.7!-#!"##$%&&MMM0#"0/()0B'0'-&OV&AWP2P*.P=90-2$!
The Smart Farm Project!:!BIIMQJRS!
LEGAL OVERVIEW !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 29/124
!
<-*6!(&-*'!-&!-*#!B!5%HH%&!3&*-*A!-'!'6+13EG!<6-)3!3+56!'*1+*+!%<&31!'3N+1+*3)A!%<&'!*63-1!6%H3!+&E!
N%''-@)A!'%H3!%U!*63!)+&E#!R&!%*631!<%1E'G!'%H3!N+153)'!%U!*63!'*1+*+!<-))!@3!%<&3E!@A!-&E-;-E(+)!'*1+*+!
%<&31'G!<6-)3!%*631'!<-))!@3!5%HH%&!+13+'#!R&!5%&*1+'*G!+!@(-)E-&9!'*1+*+!3V-'*'!<6313!+!H()*-T13'-E3&*!
@(-)E-&9!-'!'(@E-;-E3E!-&*%!(&-*'!*6+*!'6+13!<+))'G!<-*6!+))!)+&E!@3-&9!-&!5%HH%&#!B!@+13!)+&E!'*1+*+!5%()E!
<%12!<3))!U%1!*63!H%E3)!N1%N31*-3'!-&!*6-'!9(-E3#!R*!-'!<%1*6!&%*-&9!*6+*!-&E-;-E(+)!%<&31'!<%()E!@3!
13)+*-;3)A!U133!*%!'-HN)A!'3))!*63-1!N+153)!*%!<6-563;31!@(A31!*63A!56%'3G!<-*6%(*!*63!N+1*-5-N+*-%&!%U!*63!
%*631!%<&31'#!X6313!H+AG!6%<3;31G!@3!'%H3!N%*3&*-+)!*%!13'*1-5*!'+)3!%U!'*1+*+!(&-*'!*%!@(A31'!*6+*!+13!
+NN1%;3E!@A!*63!13H+-&-&9!%<&31'#!BEE-*-%&+))AG!-&!*63!5+'3!%U!+!H()*-TU+H-)A!U+1H-&9!'*1+*+!-*!-'!)-23)A!
*6+*!N1%'N35*-;3!@(A31'!<%()E!@3!-&*313'*3E!-&!b%-&-&9!*63!5()*(13!%U!*63!5%HH(&-*A#!?%1!3V+HN)3G!
4%@31*'!$1332!$%6%('-&9!-&!*63!D$4J!-'!+!@+13!)+&E!'*1+*+#"C!R&E-;-E(+)'!%<&!*63-1!6%H3'!+&E!+!'H+))!
A+1E!'(11%(&E-&9!*63!6%H3G!<6-)3!*6313!-'!+!5%HH%&!6%('3!+&E!%*631!5%HH%&!)+&E#!
777i!)==E94;87J9!#??=57;87=>T+6;49@!0>8949?8!X6-'!-'!*63!U%1H!%U!'(@E-;-'-%&!('3E!<63&!+!E3;3)%N31!<-'63'!*%!'3))!'6+13'!-&!+!)+&ET%<&-&9!5%HN+&A#!
X63!-**B$+&"'?$!I,,*.'&"'*(,!I."!Yr$BBsZ!+&E!*63!%$&C!5,"&"$!Z$?$C*B6$("![&+8$"'(E!I."!Yr4MJ0BsZ!
@%*6!9%;31&!6%('-&9!5%%N31+*-;3'!-&!,1-*-'6!$%)(H@-+#!!
B!5%%N31+*-;3!+''%5-+*-%&!-'!U%1H3E!<63&!+&A!.!%1!H%13!N31'%&'G!%19+&-[+*-%&'G!%1!@%*6!-&5%1N%1+*3!
(&E31!*63!$BB!*%!5+11A!%&!@('-&3''!%1!+5*-;-*A!%&!+!5%%N31+*-;3!@+'-'#!X63!'*3N'!U%1!-&5%1N%1+*-%&!+13!
'-H-)+1!*%!*6%'3!U%1!*63!-&5%1N%1+*-%&!%U!+!139()+1!5%1N%1+*-%&#!X63!13^(-13H3&*'!+13!'3*!%(*!-&!J-;-'-%&!
"!%U!*63!$BB#!B!U(1*631!E-'5(''-%&!%U!5%%N31+*-;3!+''%5-+*-%&'!93&31+))A!5+&!@3!U%(&E!@3)%<G!-&!
)'',&-#"03&!#++')0#"0'*#!
_&E31!'35*-%&!"!%U!*63!4MJ0BF!+!6%('-&9!5%%N31+*-;3!+''%5-+*-%&!5+&!@3!+&A!%U!*63!U%))%<-&9F!
• B!5%1N%1+*-%&G!+'!E3U-&3E!-&!*63!\/,'($,,!-*+B*+&"'*(,!I."v!
• B!)-H-*3E!)-+@-)-*A!5%HN+&AG!+'!E3U-&3E!-&!*63!\/,'($,,!-*+B*+&"'*(,!I."v!
• B!N+1*&31'6-Nv!%1!!
• B&!3&*-*A!-&5%1N%1+*3E!%1!%*631<-'3!513+*3E!%(*'-E3!,1-*-'6!$%)(H@-+!*6+*!-'!'-H-)+1!*%!%&3!%U!
*63!+@%;3!E3'51-@3E!3&*-*-3'!*6+*!%<&'G!)3+'3'!%1!6+'!+!1-96*!*%!+5^(-13!)+&E#!
B!r'6+13E!-&*313'*!-&!)+&Es!%55(1'!<6313!H%13!*6+&!%&3!N31'%&!%<&'!%1!)3+'3'G!E-135*)A!%1!-&E-135*)AG!
*63!)+&Ev!+&E!*63!1-96*!%U!('3!%1!%55(N+*-%&!%U!*63!)+&E!-'!)-H-*3E!*%!+!N+1*!%U!*63!)+&EG!+'!+!*31H!%U!+&!
+11+&93H3&*!13)+*-&9!*%!*63!+5^(-'-*-%&!%U!*6+*!-&*313'*!-&!)+&E#""!!
RU!*63!5(113&*!N1%N31*A!%<&31!-&*3&E'!*%!'(@E-;-E3!+&E!+E;31*-'3!U%1!%*631!N3%N)3!*%!@(A!-&*%!*63!
N1%N31*AG!+'!+!5%%N31+*-;3!%1!%*631!'6+13E!-&*313'*!-&!*63!)+&EG!'(56!H+123*-&9!-'!139()+*3E!@A!*63!
4MJ0B#!M;3&!-U!*63!N1%N31*A!-*'3)U!-'!&%*!'(@b35*!*%!+!6%('-&9!5%%N31+*-;3G!+!5%%N31+*-;3!U+1H!H+A!
%N31+*3!%&!-*#!X6-'!-'!E-'5(''3E!-&!U(1*631!E3*+-)!@3)%<#!
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!WX!"##$%&&MMM05(B,5#2'5,,L'("(12*./0'-&!!WW!>,'#*(.!W!(4!#",!8/,6#?'0,0/#=/@/6%AB/)0#+,-./0()*#C:0?!>=9!YXXZ?!'0!ZW0!
The Smart Farm Project!:!BIIMQJRS!
LEGAL OVERVIEW !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 30/124
!
Mi!+&)"0'*![Zj!)'3&*#*"+!X63!]&(=!R'"C$!I."!'3*'!%(*!+*!D35*-%&!/"P!*63!*31H'!(&E31!<6-56!+!5%;3&+&*!H+A!@3!139-'*313E!%&!*-*)3!
*%!+!N+153)!%U!)+&E#!B!5%;3&+&*!-'!+!)39+)!-&'*1(H3&*!r9-;3&s!@A!*63!)+&E%<&31!Y*63!5%;3&+&*%1Z!*%!+!
'N35-U-3E!@%EA!Y*63!5%;3&+&*33Z#!X63!]&(=!R'"C$!I."!N1%;-E3'!+*!D35*-%&!/"P!Y>Z!*6+*!+!5%;3&+&*!5+&!@3!
139-'*313E!%&!)+&E!-HN%'-&9!N%'-*-;3!%1!&39+*-;3!13^(-13H3&*'!139+1E-&9F!
• X63!('3!%U!)+&EG!%1!%U!@(-)E-&9'!%&!*63!)+&Ev!
• X63!5%&'*1(5*-%&!%U!@(-)E-&9'!%&!*63!)+&Ev!
• X63!'(@E-;-'-%&!%U!*63!)+&Ev!
• X63!'+)3!%1!%*631!*1+&'U31!%U!*63!)+&Ev!+&E!
• X63!N1%*35*-%&G!N13'31;+*-%&G!5%&'31;+*-%&G!H+-&*3&+&53G!3&6+&53H3&*G!%1!13'*%1+*-%&!%U!*63!
)+&E!%1!+!'N35-U-3E!+H3&-*A!%&!-*#!
7i!16=!);>!I=<@!;!)=J9>;>8d!X63!5%;3&+&*!r1(&'!<-*6!*63!)+&EGs!H3+&-&9!*6+*!-*!'(1;-;3'!*63!*1+&'U31!%1!'+)3!%U!*63!N1%N31*A!+&E!
13H+-&'!3&U%153+@)3!+9+-&'*!*63!5%;3&+&*%1f'!'(553''%1'!-&!%<&31'6-N#!W%<3;31G!*63!]&(=!R'"C$!I."!
)-H-*'!<6%!5+&!@3!*63!5%;3&+&*33!%U!+!5%;3&+&*!(&E31!D35*-%&!/"P!Y.Z!*%!*63!U%))%<-&9F!
• X63!$1%<&!+&E!$1%<&!5%1N%1+*-%&'!%1!+93&5-3'v!
• 8%5+)!9%;31&H3&*'v!+&E!
• B&A!N31'%&!E3'-9&+*3E!@A!*63!H-&-'*31!%&!*31H'!+&E!5%&E-*-%&'!63!%1!'63!*6-&2'!N1%N31#!
,%*6!-&E-;-E(+)'!+&E!&%&T9%;31&H3&*!%19+&-[+*-%&'!H+A!@3!E3'-9&+*3E!*%!6%)E!+!5%&'31;+*-%&!5%;3&+&*!
%&!N1-;+*3!)+&E#!X6-'!3)-9-@-)-*A!-'!%@*+-&3E!*61%(96!+&!+NN)-5+*-%&!*%!*63!D(1;3A%1!]3&31+)!J-;-'-%&!%U!*63!
8+&E!X-*)3!+&E!D(1;3A!B(*6%1-*A!Y8XDBZ#"/!B!^(-52!13;-3<!%U!*63!8XDBf'!)-'*!%U!@%E-3'!5(113&*)A!E3'-9&+*3E!
*%!6%)E!'(56!5%;3&+&*'!'6%<'!+!'-9&-U-5+&*!&(H@31!%U!)+&E!*1('*!'%5-3*-3'!*61%(96%(*!,$#".!B!'%5-3*A!%1!+!
U+1H!*1('*G!E-'5(''3E!@3)%<G!5%()E!6%)E!+!5%;3&+&*!%&!)+&E!*6+*!-'!%<&3E!(&E31!+&A!%U!*63!%<&31'6-N!
H%E3)'!+@%;3#!
77i!/=@9<!)=J9>;>8?!X63!8+&E!$%&'31;+&5A!%U!,$!6+'!E3;3)%N3E!+!H%E3)!5%&'31;+*-%&!5%;3&+&*G!<6-56!-'!+;+-)+@)3!%&)-&3#">!
R&!*6-'!H%E3)!5%;3&+&*G!*63!8+&E!$%&'31;+&5A!&%*3'!*6+*!-*!('(+))A!<%12'!<-*6!+!)%5+)!)+&E!*1('*!*%!5%T
6%)E!+&E!5%T3&U%153!5%&'31;+*-%&!5%;3&+&*'#!D(56!'6+13E!13'N%&'-@-)-*A!5%()E!<%12!U%1!+!'H+))!U+1H!
%19+&-[+*-%&#!W%<3;31G!*63!8+&E!$%&'31;+&5Af'!5%;3&+&*'!+13!%1-3&*3E!H%13!*%<+1E!5%&'31;+*-%&!*6+&!
+91-5()*(13G!+&E!H+A!&%*!@3!+&!+NN1%N1-+*3!H+*56#!I1%N31*A!%<&31'!-&*3&E-&9!*%!U%'*31!-&513+'3E!
+91-5()*(13!%&!*63-1!)+&E!<%()E!6+;3!*%!@3!5+13U()!*%!+;%-E!3&*31-&9!+!5%;3&+&*!<-*6!*63!8+&E!
$%&'31;+&5A!*6+*!N13;3&*3E!*63H!U1%H!3&9+9-&9!-&!'%H3!%U!*63-1!-&*3&E3E!+5*-;-*-3'#!
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"/!8XDB!<3@'-*3!?By'G!+*!6**NF\\<<<#)*'+#5+\5H'\5%;3&+&*'!".!r,%E-3'!B@)3!*%!W%)E!$%;3&+&*'sG!8XDB!<3@'-*3!+*!6**NF\\<<<#)*'+#5+\5H'\@%E-3'T+@)3T*%T6%)ET5%;3&+&*'!!">!8+&E!$%&'31;+&5A!%U!,$!H%E3)!5%;3&+&*G!%&)-&3!+*!6**NF\\@)%9#5%&'31;+&5A#@5#5+\<NT5%&*3&*\(N)%+E'\/CCP\CP\H%E3)n5%;3&+&*nTnU-&+)#NEU!
The Smart Farm Project!:!BIIMQJRS!LEGAL OVERVIEW !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 31/124
!
B)*6%(96!*63!8+&E!$%&'31;+&5A!-&E-5+*3E!-&!-*'!/C"C!43;-3<!%U!?+1H)+&E!X1('*'!*6+*!-*!<+'!<%12-&9!*%!
513+*3!+!H%E3)!+91-5()*(1+)!5%&'31;+*-%&!5%;3&+&*G!*6-'!E%3'!&%*!+NN3+1!*%!6+;3!@33&!5%HN)3*3E#!D*-))G!
*6313!+13!'%H3!H%E3)!+91-5()*(1+)!5%&'31;+*-%&!3+'3H3&*'G!<6-56!+13!'-H-)+1!*%!5%;3&+&*'G!+;+-)+@)3!
%&)-&3#!X63'3!*3&E!*%!@3!BH31-5+&!E%5(H3&*'G!+'!*6313!-'!H%13!%U!+!6-'*%1A!%U!*6-'!2-&E!%U!+91-5()*(1+)!
N1%*35*-%&!-&!*63!_&-*3E!D*+*3'#!I1%N31*A!%<&31'G!E3;3)%N31'!+&E!)%5+)!9%;31&H3&*'!'6%()E!13;-3<!
*63'3!+&E!5%&'-E31!<63*631!+&!+91-5()*(1+)!5%;3&+&*!-HN%'-&9!N%'-*-;3!13^(-13H3&*'!<%()E!@3!
+NN1%N1-+*3!U%1!N1%N31*-3'!%&!*63!DH+1*!?+1H!H%E3)#!X6-'!<%()E!@3!+!E3N+1*(13!U1%H!H%'*!5%&'31;+*-%&!
5%;3&+&*'!-&!,$G!<6-56!*3&E!*%!(*-)-[3!&39+*-;3!13^(-13H3&*'!YN1%6-@-*-&9!%1!13'*1-5*-&9!531*+-&!
+5*-;-*-3'Z#!
:&3!('3U()!BH31-5+&!13'%(153!-'!*63!$+)-U%1&-+!$%+'*+)!$%HH-''-%&f'!135%HH3&E+*-%&'!U%1!r3+'3H3&*!
)+&9(+93!3HN6+'-[-&9!+91-5()*(1+)!N1%E(5*-%&s#"=!R*!&%*3'!*6+*!N1%6-@-*-;3!5%;3&+&*'!+13!H%13!U+H-)-+1!*%!
)+<A31'!+&E!%*631!N1%U3''-%&+)'G!+&E!H+A!@3!3+'-31!*%!H%&-*%1!+&E!3&U%153!U%1!*63!5%;3&+&*33#!
W%<3;31G!-*!9%3'!%&!*%!'*+*3!*6+*!+UU-1H+*-;3!13^(-13H3&*'!H+A!E%!H%13!*%!3&'(13!*6+*!*63!5%;3&+&*%1!
)3+;3'!*63!)39+5A!*63A!-&*3&E!*%G!+&E!*6+*!*63!5%;3&+&*33!13H+-&'!+5*-;3)A!-&;%);3E!-&!N13'31;-&9!*63!
&+*(13!+&E!^(+)-*A!%U!*63!+91-5()*(13!*6+*!%55(1'#!?%1!3V+HN)3G!*6313!5%()E!@3!+!13^(-13H3&*!*6+*!%&)A!
%19+&-5!+91-5()*(13!*+23!N)+53!%&!*63!)+&EG!%1!*6+*!531*+-&!*AN3'!%U!51%N'!@3!)-H-*3E!%1!*6+*!+!'N35-U-3E!
)3;3)!%U!E-;31'-*A!%U!51%N'!@3!91%<&#!!
$%;3&+&*'!*6+*!+13!*%%!'N35-U-5!+&E!)-H-*-&9!-&!*63-1!13^(-13H3&*'!H+A!&%*!<-*6'*+&E!+&!+**+52!-&!5%(1*!
@A!+!U(*(13!%<&31!%1!<%()ET@3!N(156+'31#!X6('G!-*f'!-HN%1*+&*!*%!('3!)+&9(+93!*6+*!E-135*'!*63!('3!%U!
*63!)+&E!<-*6%(*!5%&'*1+-&-&9!*63!%<&31!*%!'(56!+!E39133!*6+*!*63!5%;3&+&*!-'!U%(&E!*%!@3!-&%N31+*-;3#!
B!N61+'3!'(56!+'!r*63!N1%N31*A!'6+))!@3!5%&*-&(%(')A!U+1H3E!<-*6!%19+&-5!H3*6%E'!*61%(96%(*!+))!
N%1*-%&'!%U!*63!N1%N31*As!H-96*!@3**31!<-*6'*+&E!'51(*-&A!-U!-*!-'!U%))%<3E!@A!*63!^(+)-U-31!r*%!*63!
H+V-H(H!3V*3&*!N%''-@)3#s!
$%;3&+&*'!*6+*!+13!6-96)A!'N35-U-5!%1!N1%6-@-*-;3!H+A!+)'%!@3!N1+5*-5+))A!E-UU-5()*!%1!-HN%''-@)3!*%!3&U%153#!
:&3!%N*-%&!U%1!-&513+'-&9!*63!3&U%153+@-)-*A!%U!+!5%;3&+&*!-'!*%!'3*!%(*!@1%+E!+13+'!%U!('3!%1!r&%T@(-)Es!
+13+'#!!
X63!BH31-5+&!?+1H)+&E!R&U%1H+*-%&!$3&*31!N1%;-E3'!&(H31%('!%*631!H%E3)!+91-5()*(1+)!3+'3H3&*'!
U1%H!+51%''!*63!_&-*3E!D*+*3'!*6+*!H+A!+''-'*!-&!E1+U*-&9!+91-5()*(1+)!5%;3&+&*'#"K!
777i!P=J94>D9>8WI9<@!)=J9>;>8?!
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"=!I[..()-#*),!\-2,6,.#!A-./1-/,!\6$"-2*C*./!V/5*'1+#15-+!N5(71'#*(.?K!9-+*4(5.*-!9(-2#-+!9(66*22*(.?!(.+*.,!-#!6**NF\\<<<#5%+'*+)#5+#9%;\)+\E%5'\?+1H)-&2n+UU-1H+*-;3n3+'3H3&*n)+&9#NEU!!W<!J-56+-.7![.4(56-#*(.!9,.#,5!M,B2*#,?!(.+*.,!-#!"##$%&&MMM04-56+-.7*.4(0(5/&4-56+-.7P2-6$+,P7('16,.#2&*.7,]0'46^41.'#*(._2-6$+,7('2Q-5#*'+,[O_XQ2(5#E57,5_5-#*./Q-5#*'+,`@$,[O_Y8WQ$1B+*2",7>#-#12[O_YQa1,2#*(.>#-#12[O_Q5,2(15',N5*)*+,/,_$1B+*'Q2#-#,[O_Q#($*'[O_bYb<Q'-#,/(5@[O_Q/(0]_WRQ/(0@_WY!
The Smart Farm Project!:!BIIMQJRS!LEGAL OVERVIEW !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 32/124
!
B'-E3!U1%H!+!'%5-3*A!%1!*1('*!6%)E-&9!*63!5%;3&+&*G!*63!N1%N31*A!%<&31'!5%()E!+**3HN*!*%!93*!*63!)%5+)!
9%;31&H3&*!-&;%);3E#!RU!*63!)%5+)!9%;31&H3&*!6%)E'!*63!5%;3&+&*G!*63A!H+A!@3!H%13!-&;3'*3E!-&!
+''-'*-&9!*63!N1%N31*A!%<&31'!+&E!U+1H31'!-&!H+-&*+-&-&9!*63!E3'-13E!('3!%U!*63!)+&E#!R!&%*3!*6+*!*6313!
+13!'3N+1+*3!:UU-5-+)!$%HH(&-*A!I)+&'!U%1!4%@31*'!$1332G!d3'*!W%<3!D%(&EG!+&E!*63!X%<&!%U!]-@'%&'#!
8%5+)!9%;31&H3&*'!+13!13^(-13E!*%!+E6313!*%!*63-1!:$I'G!'%!*63!:$I'!+NN)-5+@)3!*%!*63!H%E3)!N1%N31*-3'!
'6%()E!@3!13;-3<3E!*%!E3*31H-&3!<63*631!+&!+91-5()*(1+)!5%;3&+&*!<%()E!'31;3!*63!N(1N%'3'!%U!*63!
:$IG!%1!<63*631!-*!H-96*!-&!U+5*!@3!-&!5%&*1+;3&*-%&!%U!-*#!
R&!+&A!3;3&*G!*63!)%5+)!9%;31&H3&*!H+A!&%*!'33!*63!@3&3U-*!-&!*+2-&9!+!H3+'(13!%U!13'N%&'-@-)-*A!U%1!
3&U%15-&9!*63!5%;3&+&*!-U!*6313!-'!+!&%&T9%;31&H3&*!%19+&-[+*-%&!*6+*!5+&!N)+A!'(56!+!1%)3#!:&3!%N*-%&!
U%1!-HN1%;-&9!*63!3&U%153+@-)-*A!%U!+!)%5+)!9%;31&H3&*!63)E!5%;3&+&*!5%()E!@3!*63!-&5)('-%&!-&!*63!
5%;3&+&*!%U!+&!+9133H3&*!*6+*!5(113&*!+&E!U(*(13!N1%N31*A!%<&31'!N+A!'35(1-*A!*%!*63!)%5+)!9%;31&H3&*!
*%!3&'(13!*6+*!U+1H-&9!*+23'!N)+53!+'!13^(-13E#!X63!'35(1-*A!<%()E!@3!13)3+'3E!*%!*63!%<&31!(N%&!
5%&U-1H+*-%&!*6+*!531*+-&!13^(-13H3&*'!6+E!@33&!H3*!*%!*63!)%5+)!9%;31&H3&*f'!'+*-'U+5*-%&#!?+-)(13!*%!
H33*!*63!*31H'!<%()E!13'()*!-&!*63!U%1U3-*(13!%U!*63!'35(1-*A#!:U!5%(1'3G!'%H3!%<&31'!H+A!&%*!@3!<-))-&9!
%1!+@)3!*%!N+A!'(56!'35(1-*AG!@(*!-*!-'!<%1*6!5%&'-E31-&9!+'!+!H3+&'!%U!U(1*631!-&;%);-&9!*63!)%5+)!
9%;31&H3&*#!
!+O//#-L!D3;31+)!E-UU313&*!U%1H'!%U!N1%N31*A!%<&31'6-N!5%()E!@3!+NN1%N1-+*3!U%1!5)('*313E!)-;-&9!%&!U+1H3E!
+513+93'#!R&!93&31+)G!'%)3!%<&31'6-N!@A!+!'-&9)3!3&*-*A!-'!*63!)3+'*!5%HN)-5+*3EG!<6-)3!*63!H%13!5%HN)3V!
@+13!)+&E!'*1+*+!%1!+!5%%N31+*-;3!+''%5-+*-%&!H+A!<%12!@3**31!U%1!*63!DH+1*!?+1H!N1%N31*-3'!'332-&9!*%!
-&*1%E(53!H()*-N)3!%<&31'#!X3&+&5A!-&!5%HH%&!%<&31'6-N!U%1!H()*-N)3!%<&31'!5%()E!+)'%!<%12G!@(*!-*!
H-96*!&%*!@3!E3'-1+@)3!U%1!3+56!%<&31!*%!6+;3!*63!U133E%H!*%!'3))!*63-1!N%1*-%&!*%!+&A!<-))-&9!@(A31#!
$%;3&+&*'!%&!*63!)+&E!H+A!N1%;-E3!)%&931!*31H!N1%*35*-%&!%U!*63!+91-5()*(1+)!56+1+5*31!%U!*63!)+&EG!+&E!
H+A!+)'%!63)N!*%!3&'(13!*6+*!-&E-;-E(+)!-&*313'*'!-&!*63!)+&E!5%()E!@3!'%)E!<-*6%(*!5%HN1%H-'-&9!*63!
N)+&&3E!('3!%U!*63!)+&E#!
R&!H%'*!5+'3'G!3;3&!-U!*63!%N31+*-%&!%U!*63!U+1H!-'!E3'-9&3E!*%!@3!'3N+1+*3!U1%H!*63!N1%N31*A!
%<&31'6-NG!*6313!<-))!@3!'%H3!-&*315%&&35*-%&!@3*<33&!*63!*<%#!
!
LEGAL STRUCTURES AVAILABLE FOR FARM MANAGEMENT AND OVERSIGHT B'!-'!*63!5+'3!<-*6!N1%N31*A!%<&31'6-NG!*6313!+13!'3;31+)!%N*-%&'!+;+-)+@)3!*%!%<&!+&E!%N31+*3!+!
U+1H-&9!3&*31N1-'3!%&!*63!N1%N31*-3'!E3'51-@3E!-&!*6-'!](-E3#!
O*0*)'-,'-#"&M!$O+0*&++!X63!U+1H!@('-&3''!5%()E!@3!%N31+*3E!+'!+!'%)3!N1%N1-3*%1'6-N!%1!k!<6313!*6313!-'!H%13!*6+&!%&3!%<&31!T!
+!N+1*&31'6-NG!<-*6%(*!6+;-&9!*%!9%!*61%(96!*63!)39+)!'*3N'!%U!-&5%1N%1+*-&9#!R&-*-+)!5%'*'!+13!)%<31!<-*6!
+&!(&-&5%1N%1+*3E!@('-&3''G!+'!*63!U33'!+13!)%<31!*%!H313)A!139-'*31!+!@('-&3''!&+H3G!+&E!@('-&3''!
3VN3&'3'!5+&!@3!E3E(5*3E!U1%H!*63!-&E-;-E(+)f'!%1!N+1*&31'f!%<&!+&&(+)!*+V3'#!
The Smart Farm Project!:!BIIMQJRS!LEGAL OVERVIEW !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 33/124
!
7i!+=<9!,4=E4798=4?67E!B!'%)3!N1%N1-3*%1'6-N!-'!%&)A!+NN1%N1-+*3!<6313!*6313!-'!+!'-&9)3!%<&31#!R&!+!5+'3!<6313!+!'-&9)3!N1%N31*A!
%<&31!'%(96*!*%!('3!*63-1!)+&E!U%1!+91-5()*(13G!*63A!5%()E!'-HN)A!%N31+*3!*63!U+1H!+'!*63-1!%<&!@('-&3''#!
I1%;-E3E!*63A!<313!5%HN)-+&*!<-*6!%*631!)39+)!13^(-13H3&*'!Y[%&-&9G!)+@%(1!)+<'G!13'-E3&*-+)!*3&+&5A!
)+<'ZG!*63A!5%()E!6%('3!+&E!3HN)%A!%*631!N3%N)3!%&!*63!N1%N31*A!*%!<%12!<-*6!*63H#!W%<3;31G!*63A!
<%()E!+)'%!@3!'%)3)A!13'N%&'-@)3!U%1!*63-1!@('-&3''f'!)-+@-)-*-3'G!+&E!5%()E!U-&E!-*!H%13!E-UU-5()*!*%!1+-'3!*63!
&353''+1A!5+N-*+)!*%!%N31+*3#!
B!H%E3)!-&!<6-56!+!'-&9)3!-&E-;-E(+)!%<&'!@%*6!*63!N1%N31*A!+&E!*63!@('-&3''!H+A!&%*!@3!H%'*!
+NN1%N1-+*3!U%1!*63!DH+1*!?+1H!N1%N31*-3'#!!D*-))G!-*!5%()E!N%*3&*-+))A!<%12!-&!+!'-*(+*-%&!<6313!+&!
-&E-;-E(+)!%<&3E!+!@('-&3''!*6+*!<+'!-&!*(1&!+!H3H@31!%U!+&!+''%5-+*-%&G!'%5-3*A!%1!5%%N31+*-;3!*6+*!
U+1H3E!+&E!('3E!*63!)+&EG!%1!N1%53''3EG!H+123*3E!%1!'%)E!*63!+91-5()*(1+)!N1%E(5*'!N1%E(53E!%&!*63!
)+&E#!
RU!+&!-&E-;-E(+)!-'!<%12-&9!<-*6!%&3!%1!H%13!%*631!N3%N)3!%&!*63!'+H3!;3&*(13G!+&E!*63A!+13!'6+1-&9!
3VN3&'3'G!<%12!+&E!N1%U-*G!*63A!H+A!@3!U%(&E!*%!@3!-&!+!N+1*&31'6-N!3;3&!-U!*6+*!<+'!&%*!*63-1!-&*3&*-%&!
+&E!&%!N+1*&31'6-N!+9133H3&*!<+'!5%HN)3*3E#!X63!L&+"($+,#'B!I."!E3U-&3'!+!N+1*&31'6-N!+'!r*63!
13)+*-%&!<6-56!'(@'-'*'!@3*<33&!N31'%&'!5+11A-&9!%&!@('-&3''!-&!5%HH%&!<-*6!+!;-3<!%U!N1%U-*#s"7!
77i!P9>94;<!,;48>94?67E!RU!*6313!-'!+!N+1*&31'6-NG!-*!-'!135%HH3&E3E!*6+*!+!N+1*&31'6-N!+9133H3&*!@3!513+*3E#!X6-'!E%5(H3&*!<-))!
9%;31&!*63!+))%5+*-%&!%U!5%'*'!+&E!N1%U-*'G!*63!E35-'-%&TH+2-&9!N1%53''!+&E!%*631!1()3'!13'N35*-&9!
@('-&3''!%N31+*-%&'G!*63!<+A'!-&!<6-56!+!N+1*&31!5+&!)3+;3!*63!N+1*&31'6-NG!+&E!E-'N(*3!13'%)(*-%&#!
,('-&3''!E3E(5*-%&'!+13!*+23&!@3U%13!*63!E-'*1-@(*-%&!%U!N1%U-*'!+H%&9!*63!N+1*&31'G!+&E!+13!5)+-H3E!%&!
*63!N+1*&31'f!-&E-;-E(+)!*+V!13*(1&'#!
I+1*&31'!-&!+!93&31+)!N+1*&31'6-N!+13!+))!b%-&*)A!)-+@)3!<-*6!3+56!%*631!U%1!+))!E3@*'!+&E!%@)-9+*-%&'!%U!*63!
N+1*&31'6-N#!
777i!%7D789@!,;48>94?67E!R&!+!)-H-*3E!N+1*&31'6-NG!%&)A!*63!93&31+)!N+1*&31'!6+;3!(&)-H-*3E!)-+@-)-*A!U%1!*63!N+1*&31'6-Nf'!5%'*'!+&E!
%@)-9+*-%&'#!8-H-*3E!N+1*&31'!6+;3!)-H-*3E!)-+@-)-*A!@+'3E!%&!*63-1!5%&*1-@(*-%&!*%!*63!N+1*&31'6-N#!D%H3!
)-H-*3E!N+1*&31'!H+A!5%&*1-@(*3!U-&+&5-+))A!+&E!'6+13!-&!N1%U-*'!@(*!@3!%*631<-'3!(&-&;%);3E!<-*6!*63!
%N31+*-%&!%U!*63!N+1*&31'6-N!+&E!-*'!@('-&3''#!Q%*3!*6+*G!E3'N-*3!*63!'-H-)+1-*A!%U!*63!*31H'G!*6-'!-'!&%*!
*63!'+H3!+'!+!r)-H-*3E!)-+@-)-*A!N+1*&31'6-NsG!<6-56!-'!93&31+))A!%&)A!+;+-)+@)3!*%!531*+-&!91%(N'!%U!
N1%U3''-%&+)'G!'(56!+'!)+<A31'!+&E!+55%(&*+&*'#!
B!N+1*&31'6-N!5%()E!<%12!<3))!U%1!+!'H+))T'5+)3!+91-5()*(1+)!3&*31N1-'3G!-&!<6-56!/!k!O!+E()*'!+13!)-;-&9!%&!
+&E!N+1*-5-N+*-&9!-&!*63!U+1H-&9!%U!*63!N1%N31*A#!X63!U1+H3<%12!U%1!U+1H!H+&+93H3&*!5%()E!@3!'3*!%(*!
-&!*63!N+1*&31'6-N!+9133H3&*G!<6-)3!%<&31'6-N!%U!*63!N1%N31*A!5%()E!@3!E%&3!*61%(96!+!*3&+&5A!-&!
5%HH%&!%1!+!'(@E-;-'-%&G!+@%;3#!
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!WG!D,-0)/-'E(A#C:0?!T>=9!WRR<?!'0!bZH?!>,'#*(.!Y0!
The Smart Farm Project!:!BIIMQJRS!
LEGAL OVERVIEW !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 34/124
!
W%<3;31G!-U!*63!N+1*&31'6-N!-*'3)U!-'!-&*3&E3E!*%!%<&!*63!N1%N31*AG!-*!&33E'!*%!6+;3!)39+)!N31'%&!N%<31'G!
<6-56!H3+&'!-*!&33E'!*%!@3!-&5%1N%1+*3E!+&E!139-'*313E!<-*6!*63!N1%;-&5-+)!%1!U3E31+)!9%;31&H3&*#!!
)'-,'-#"0'*!B&!-&5%1N%1+*3E!@('-&3''!-'!+!'3N+1+*3!)39+)!3&*-*A!U1%H!-*'!513+*%1'!+&E!-*'!E-135*%1'#!R*!5+&!
-&E3N3&E3&*)A!%<&!N1%N31*AG!-&5(1!E3@*G!+&E!'(3!+&E!@3!'(3E#!B&!-&E-;-E(+)!N31'%&!5+&!-&5%1N%1+*3!-&!
*63-1!%<&!&+H3G!%N31+*-&9!*63-1!%<&!@('-&3''!+'!+!5%1N%1+*-%&G!%1!H()*-N)3!N3%N)3!%1!@('-&3''3'!5+&!
513+*3!+!5%1N%1+*-%&#!B!N+1*&31'6-N!5+&!-&5%1N%1+*3!%&)A!-&!*63!'3&'3!*6+*!*63!H3H@31'!%U!*63!
N+1*&31'6-N!5+&!E35-E3!*%!*(1&!*63-1!@('-&3''!-&*%!+!5%1N%1+*-%&G!@(*!*63A!5+&&%*!'-H()*+&3%(')A!@3!+!
N+1*&31'6-N!+&E!+!5%1N%1+*-%&#!
X6313!+13!+!&(H@31!%U!N1%'!*%!-&5%1N%1+*-%&#!R*!'-9&-U-5+&*)A!)-H-*'!)-+@-)-*AG!N1%*35*-&9!H3H@31'!%U!*63!
5%HN+&A!U1%H!@3-&9!63)E!N31'%&+))A!)-+@)3!U%1!*63!E3@*'G!%@)-9+*-%&'!%1!+5*'!%U!*63!5%1N%1+*-%&#!
$%1N%1+*-%&'!H+A!+)'%!3&b%A!)%<31!*+V!1+*3'v!*63!DH+))!,('-&3''!X+V!1+*3!5+&!@3!+NN)-3E!*%!*63!U-1'*!
z/CCGCCC!%U!-&5%H3!U%1!^(+)-UA-&9!5%HN+&-3'#!X63!5%1N%1+*-%&f'!*+V3'!%&!5%1N%1+*3!3+1&-&9'!+13!
E3E(5*3E!+U*31!*63!@('-&3''!E3E(5*-%&'!+13!H+E3#!0%&3A!*+23&!%(*!%U!*63!5%HN+&A!-&!*63!U%1H!%U!'6+13!
E-;-E3&E'!%1!<+93'!@A!'6+136%)E31'!-'!5)+-H3E!%&!*63-1!N31'%&+)!*+V!13*(1&'#!R&5%1N%1+*-&9!+'!+!5%HN+&A!
5+&!+)'%!H+23!+!@('-&3''!+NN3+1!H%13!'*+@)3!+&E!+55%(&*+@)3!<6-56!5%()EG!-&!*(1&G!-&513+'3!+553''!*%!
)%+&'!+&E!91+&*'#!!
R*!'6%()E!@3!&%*3E!*6+*!-&5%1N%1+*-&9!5+&!@3!-&-*-+))A!5%'*)A!-&!*31H'!%U!U-&+&53'!+&E!*-H3G!@3*<33&!U-)-&9!
U33'!+&E!*63!+EE-*-%&+)!N+N31<%12!+&E!139()+*%1A!13^(-13H3&*'#!!
+')0&"L!RU!*63!H3H@31'!%U!*63!U+1H!%19+&-[+*-%&!<-'6!*%!-HN)3H3&*!+!5%1N%1+*-%&T)-23!'A'*3H!+&E!E%!&%*!-&*3&E!
*%!N+A!%(*!N1%U-*'!*%!*63!H3H@31'G!+!'%5-3*A!H+A!@3!+!N13U31+@)3!%N*-%&#!_&E31!*63!0*.'$"1!I."G!+!'%5-3*A!
H+A!@3!-&5%1N%1+*3E!U%1!+&A!)+<U()!N(1N%'3G!-&5)(E-&9!*63!+91-5()*(1+)G!@3&3;%)3&*G!+1*-'*-5G!'5-3&*-U-5!%1!
3E(5+*-%&+)!N(1N%'3'!*6+*!+!5%T6%('-&9!U+1H!<%()E!)-23)A!6+;3#"O!
7i!+=5798H!$;?75?!B!'%5-3*A!H+A!5+11A!%&!+!@('-&3''G!*1+E3G!-&E('*1A!%1!N1%U3''-%&!+'!+&!-&5-E3&*!*%!-*'!N1-H+1A!N(1N%'3G!
@(*!-*!H('*!&%*!E-'*1-@(*3!+&A!9+-&G!N1%U-*G!E-;-E3&EG!%1!%*631<-'3!E-'N%'3!%U!-*'!+''3*'!*%!+!'%5-3*A!
H3H@31!<-*6%(*!1353-;-&9!U())!+&E!;+)(+@)3!5%&'-E31+*-%&#"P!X6-'!E%3'!&%*!N135)(E3!5%HH315-+)!U+1H-&9G!
+&E!-*!'33H'!)-23)A!*6+*!('-&9!'%5-3*A!N1%U-*'!*%!N+A!H3H@31'!+!U+-1!<+93!-&!3V56+&93!U%1!*63-1!)+@%(1!
<%()E!U-*!<-*6-&!*63'3!*31H'#!
B!'%5-3*A!13^(-13'!+!H-&-H(H!%U!U-;3!H3H@31'#!X63!N1%53E(13!U%1!-&5%1N%1+*-&9!+!'%5-3*A!-'!'3*!%(*!-&!
D35*-%&!.!%U!*63!0*.'$"1!I."G!+&E!13^(-13'!*6+*!*63!H3H@31'!U-)3!<-*6!*63!439-'*1+1!%U!$%HN+&-3'!+&!
%1-9-&+)!+&E!+!5%NA!%U!*63!'%5-3*Af'!5%&'*-*(*-%&!+&E!@A)+<'G!+'!<3))!+'!+!)-'*!%U!'%5-3*A!E-135*%1'!+&E!+&!
+EE13''!U%1!*63!'%5-3*A#!X6313!-'!+)'%!+!139-'*1+*-%&!U33#!
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!WH!9%:(/07#C:0?!T>=9!WRR<?!'0!Ybb?!>,'#*(.!YSWU0!WR!9%:(/07#C:0?!>,'#*(.!YSYU0!
The Smart Farm Project!:!BIIMQJRS!LEGAL OVERVIEW !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 35/124
!
B'!-'!*63!5+'3!<-*6!+!5%1N%1+*-%&G!-&E-;-E(+)!'%5-3*A!H3H@31'!+13!&%*!)-+@)3!U%1!*63!E3@*'!%1!%@)-9+*-%&'!
%U!*63!'%5-3*A#!X6('G!+!'%5-3*A!<%()E!N1%;-E3!H3H@31'!<-*6!@3**31!N1%*35*-%&!+9+-&'*!U+1HT13)+*3E!
)-+@-)-*A!*6+&!+!N+1*&31'6-N!<%()E#!
77i!&C;DE<9?!=A!(;4D!+=579879?!X6313!+13!+!&(H@31!%U!U+1H!'%5-3*-3'!%N31+*-&9!-&!,$G!+&E!-*!H+A!@3!%U!('3!*%!13;-3<!+!U3<!%U!*63-1!
H%E3)'!%U!%N31+*-%&!-&!%1E31!*%!E3*31H-&3!<63*631!+!'-H-)+1!H%E3)!5%()E!@3!+E%N*3E!U%1!*63!N1%N31*-3'!
%(*)-&3E!-&!*6-'!](-E3#!!
?%1!3V+HN)3G!*63!8-&&+3+!?+1H!-'!)%5+*3E!%&!$%1*3'!R')+&EG!+&E!-*'!+5*-;-*-3'!+13!%;31'33&!@A!*63!8-&&+3+!
?+1H!D%5-3*A#!X63!'%5-3*Af'!N1%b35*'!-&5)(E3!%19+&-5!+91-5()*(13!+&E!3E(5+*-%&+)!N1%91+HH-&9#!X63!
'%5-3*A!6+'!+)'%!N)+53E!5%&'31;+*-%&!5%;3&+&*'!%&!*63!U+1H#!X63!N%*3&*-+)!U%1!5%;3&+&*'!+'!N+1*!%U!*63!
DH+1*!?+1H!I1%b35*!-'!E-'5(''3E!+@%;3!+*!Mi!+&)"0'*![Zj!)'3&*#*"+2!B55%1E-&9!*%!*63!'%5-3*Af'!<3@'-*3G!*63!U+1H!-'!+!)+&E!*1('*#!W%<3;31G!*63A!E%!&%*!-E3&*-UA!*63!%<&31'6-N!'*1(5*(13!%U!*63!*1('*!%&!
*63!'-*3#!X63!U+1H!-'!'-9&-U-5+&*)A!)+1931!*6+&!+&A!%U!*63!N1%N31*-3'!-&!*6-'!](-E3G!+*!."=!+513'#/C!
X63!I1%;-E3&53!?+1H!D%5-3*A!%N31+*3'!+!U+1H!%&!+NN1%V-H+*3)A!>CC!+513'!&3+1!J(&5+&G!,$G!+&E!
N1%;-E3'!*631+N3(*-5!'31;-53'!*%!N3%N)3!<-*6!rN6A'-5+)G!H3&*+)!+&E!3H%*-%&+)!56+))3&93'#s!X63!U+1H!+)'%!
*1+-&'!N3%N)3!*%!9-;3!*63H!b%@!'2-))'!-&!*63!+91-5()*(1+)!U-3)EG!+&E!%N31+*3'!H+123*!;393*+@)3!U+1H-&9G!
N+'*(13'G!+&E!+&!3^(3'*1-+&!N1%91+H#!X63!)+&E!-'!%<&3E!@A!*63!D-'*31'!%U!D*#!B&&G!+&!%19+&-[+*-%&!*6+*!
)3+'3'!*63!)+&E!*%!*63!'%5-3*A#/"!
X63!W+)-@(1*%&!$%HH(&-*A!:19+&-5!?+1H!D%5-3*A!-'!)%5+*3E!-&!D++&-56G!,$G!+&E!-'!5%HN%'3E!%U!U+1H31'G!
&3-96@%(1'!%U!*63!U+1HG!3E(5+*%1'!+&E!5%HH(&-*A!H3H@31'!<-*6!+&!-&*313'*!-&!*63!%19+&-5!+91-5()*(13!
N1+5*-53E!%&!*63!U+1H#//!R&!*63!5+'3!%U!W+)-@(1*%&G!*63!'%5-3*A!)3+'3'!+!)-**)3!%;31!P!+513'!%U!)+&E!U1%H!*63!
J-'*1-5*!%U!D++&-56G!+&E!'-V!'3N+1+*3!U+1H!@('-&3''3'!%N31+*3!%&!*63!)+&E#!R&*313'*-&9)AG!+'!<-))!@3!U(1*631!
E-'5(''3E!-&!q%&-&9!g&C;DE<9!]V!-:4;<!M9D=>?84;87=>!(;4D!gM7?84758!=A!0&&('.#2G!*6-'!)+&E!-'![%&3E!r4(1+)!J3H%&'*1+*-%&!?+1H!q%&3s#!!
X63!W3+*631!W-))'!?+1H!Q%&TI1%U-*!D%5-3*A!%N31+*3'!*63!W3+*631!W-))'!?+1H!+&E!9%)U!5%(1'3!-&!0+N)3!
4-E93G!,$#!X63!'%5-3*A!E3'51-@3'!-*'!%N31+*-%&!+'!r+91-T*%(1-'HsG!+&E!+NN3+1'!*%!('3!N1%U-*'!U1%H!-*'!9%)U!
5%(1'3!*%!'(NN%1*!-*'!+91-5()*(1+)!+5*-;-*AG!<6-56!-&5)(E3'!1+-'-&9!'3+'%&+)!;393*+@)3'G!63+*631G!)+H@G!
6+[3)&(*'G!+&E!*133'!+&E!'61(@'#/.!B))!%1!'%H3!%U!*63!N1%N31*A!-'!)%5+*3E!-&!*63!B91-5()*(1+)!8+&E!43'31;3#!
R*!5%&'-'*'!%U!7!+Eb+53&*!N+153)'!%U!)+&E!*%*+))-&9!@3*<33&!/P!+&E!.C!+513'#!X63!N+153)'!+13!+))!%<&3E!
3-*631!'%)3)A!%1!+'!+!*3&+&5A!-&!5%HH%&!@A!*6133!H3H@31'!%U!*63!'+H3!U+H-)A#!!
X6313!+13!+1%(&E!=!E<3))-&9'!%&!*63!N1%N31*AG!'%H3!%U!<6-56!+13!%55(N-3E!@A!*3&+&*'G!@(*!*63!E<3))-&9'!
+13!3+56!%&!+!'3N+1+*3!N+153)!%U!)+&E!+&E!'%!5%HN)A!<-*6!*63![%&-&9!%U!*63!N1%N31*A!-&!*6+*!13'N35*#!
W%<3;31G!*63!N1%N31*A!-'!&%*![%&3E!*%!+55%HH%E+*3!+!9%)U!5%(1'3G!<-*6!*63!13'()*!*6+*!*6313!6+'!@33&!
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!YX!A*..-,-!J-56!M,B2*#,?!(.+*.,!-#!"##$%&&MMM0+*..-,-4-560(5/&4-56&2"(MW-W2&`",PA-.7!YW!J-56J(+L&9*#@J(+L!9(661.*#@!J-562!T,$(5#!-#!$-/,!R0!YY!;-+*B15#(.!J-56!M,B2*#,?!-#!"##$%&&"-+*B15#(.4-560(5/&M$&#",32('*,#@&-B(1#312!Yb!;,-#",5!;*++2!J-56!>('*,#@!M,B2*#,?!-#!"##$%&&MMM0",-#",5"*++2/(+4'(152,0'(6&""42P*.4(&!
The Smart Farm Project!:!BIIMQJRS!
LEGAL OVERVIEW !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 36/124
!
U1-5*-%&!@3*<33&!*63!'%5-3*A!+&E!*63!)%5+)!9%;31&H3&*#!X63!-HN%1*+&53!%U!+E3^(+*3)A!+EE13''-&9![%&-&9!
^(3'*-%&'!-'!E-'5(''3E!@3)%<#!
:&3!+13+!-&!<6-56!*63!W3+*631!W-))'!?+1H!D%5-3*A!<+'!'(553''U()!<+'!-&!6+;-&9!*63!)+&EG!-&5)(E-&9!*63!
9%)U!5%(1'3!-*'3)UG!+''3''3E!+*!*63!+91-5()*(1+)!1+*3!@A!,$!B''3''H3&*#!!
]+@1-%)+!$%HH%&'!-'!+!5%HH(&-*A!U+1H!'%5-3*A!%&!]+@1-%)+!R')+&E#!X63!'%5-3*A!('3'!+NN1%V-H+*3)A!/K#=!
+513'!%U!)+&E!U%1!+!H+123*!9+1E3&G!%156+1E'G!91+[-&9G!+&E!5%HH(&-*A!('3'G!+'!<3))!+'!U%1!<3*)+&E!
5%&'31;+*-%&#!X63!'%5-3*A!%<&'!*63!)+&EG!<6-56!-'![%&3E!r]+@1-%)+!$%HH%&'!$%HN1363&'-;3!
J3;3)%NH3&*!q%&3#s!X6-'!-'!E-'5(''3E!-&!H%13!E3*+-)!@3)%<G!-&!Y'*0*P#!X63!$%HH%&'!+NN3+1'!*%!6+;3!+!
1%@('*!U(&E1+-'-&9!N)+&!-&!N)+53G!+&E!+&!3V+HN)3!%U!*63-1!U(&E1+-'-&9!3UU%1*'!-'!+;+-)+@)3!%&)-&3!-&!*63-1!
]+@1-%)+!$%HH%&'!$+HN+-9&!N+HN6)3*!U1%H!/CCO#/>!
777i!,4=?!;>@!)=>?!X6313!+13!'3;31+)!N%*3&*-+)!@3&3U-*'!*%!U%(&E-&9!+!'%5-3*A!-&!13)+*-%&!*%!*63!N1%N31*-3'!E-'5(''3E!-&!*6-'!
](-E3#!D%5-3*A!N(1N%'3'!+'!'3*!%(*!-&!*63!)39-')+*-%&!+)-9&!<3))!<-*6!*63!H%E3)!N1%N31*A!%<&31'f!;+)(3'#!
B'!-'!*63!5+'3!-&!*<%!%U!*63!'%5-3*-3'!+@%;3G!*63!'%5-3*A!-'!+&!(H@13))+!%19+&-[+*-%&!*6+*!U+5-)-*+*3'!+&E!
9(-E3'!+91-5()*(1+)!N1%E(5*-%&!+&E!%*631!+5*-;-*-3'!%&!H()*-N)3!N+153)'!%U!)+&EG!<6-)3!*63!)+&E!13H+-&'!
%<&3E!@A!-&E-;-E(+)'G!%1!3;3&!)3+'3E!U1%H!%*631!%<&31'#!!
B!'%5-3*A!5+&!+)'%!6%)E!+!5%;3&+&*!%&!)+&EG!H3+&-&9!*6+*!-*!H+A!6+;3!*63!N%<31!*%!13'*1-5*!<6+*!-'!E%&3!
<-*6!*63!)+&EG!3;3&!-&!*63!U+53!%U!56+&9-&9!N1%N31*A!%<&31'6-N#!B!'%5-3*A!H+A!+)'%!6+;3!N+1*-5()+1!!
+553''!*%!91+&*!H%&3A!%1!)%<!-&*313'*!)%+&'!*6+*!+13!&%*!+;+-)+@)3!*%!%*631!2-&E'!%U!@('-&3''#!:&3!
3V+HN)3!%U!*6-'!-'!g+&$-*Af'!M&*31N1-'-&9!Q%&TI1%U-*'!I1%91+HG!<6-56!%UU31'!91+&*'!%U!(N!*%!z"CGCCC#/=!
:&!*63!%*631!6+&EG!+!'%5-3*A!5+&&%*!@3!'3*!(N!U%1!+&!3V5)('-;3)A!5%HH315-+)!N(1N%'3G!+&E!*63!U-&+&5-+)!
5%&'*1+-&*'!-&;%);3E!-&!U%1H-&9!+&E!%N31+*-&9!+!U+1H!'%5-3*A!<-))!@3!+*!%EE'!<-*6!U+1H-&9!N1-H+1-)A!U%1!
N1%U-*#!!
7Ji!+:DD;4H!8-23!+!5%1N%1+*-%&G!+!'%5-3*A!5+&!%<&!N1%N31*AG!N1%*35*!-*'!H3H@31'!U1%H!N31'%&+)!)-+@-)-*AG!+&E!9+-&!
@3**31!+553''!*%!)%+&!+&E!91+&*!U(&E-&9!*6+&!+&!-&E-;-E(+)!%1!(&-&5%1N%1+*3E!5%HN+&A!5+&#!B*!*63!'+H3!
*-H3G!'%5-3*-3'!+13!5%&'*1+-&3E!@A!'*+*(*3!@%*6!-&!*31H'!%U!*63-1!N(1N%'3!+&E!*63!U+5*!*6+*!*63A!5+&&%*!
E-'N31'3!N1%U-*'!%1!9+-&'!*%!H3H@31'#!X63!,$!U+1H!'%5-3*-3'!9-;3&!+'!3V+HN)3'!+@%;3!13;3+)!*63!6-96!
E39133!%U!'*1(5*(1+)!+&E!%N31+*-%&+)!E-;31'-*A!+H%&9!U+1H!'%5-3*-3'#!
)'',&-#"03&!#++')0#"0'*!B&%*631!%<&31'6-N!H%E3)!*6+*!5%()E!<%12!U%1!*63!DH+1*!?+1H!N1%N31*-3'!-'!*63!5%%N31+*-;3!+''%5-+*-%&#!
B!@('-&3''!5%T%N!-'!'%H3<6+*!E-UU313&*!U1%H!+!)+&E!%<&31'6-N!5%T%NG!+&E!*63!*<%!5%()E!@3!E%&3!
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!YZ!E.+*.,!-#!"##$%&&MMM0/-B5*(+-'(66(.20'-&$74&'-6$-*/.YXXH0$74!Y8!E.+*.,!-#!"##$%&&MMM0,.#,5$5*2*./.(.$5(4*#20'-&,.$3,),.#23-.73/5-.#2&/5-.#2!
The Smart Farm Project!:!BIIMQJRS!
LEGAL OVERVIEW !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 37/124
!
'3N+1+*3)AG!%1!*63!N1%N31*A!%<&31'!5%()E!56%%'3!*%!('3!+!5%T%N!U%1!3-*631!)+&E!%<&31'6-N!%1!U+1H!
H+&+93H3&*G!<-*6%(*!6+;-&9!*%!E%!@%*6#!!
B!@('-&3''!5%%N31+*-;3!-'!+!5%%N31+*-;3!+''%5-+*-%&!(&E31!*63!$BB!*6+*!('3'!-*'!U(&E'!*%!E3;3)%N!*63!
+''%5-+*-%&G!N1%;-E3!%1!-HN1%;3!'31;-53'!*%!-*'!H3H@31'G!+&E!N+A!%(*!N+*1%&+93!13*(1&'!*%!H3H@31'G!
+H%&9!%*631!*6-&9'#!X61%(96!N+*1%&+93!13*(1&'G!H3H@31'!H+A!93*!13*(1&'!U1%H!'(1N)('!5%%N31+*-;3!
13;3&(3!-&!N1%N%1*-%&!*%!@('-&3''!*6%'3!H3H@31'!E%!<-*6!%1!*61%(96!*63!+''%5-+*-%&#/K!!
X63!@3&3U-*!*%!H+&+9-&9!+&E!%N31+*-&9!U+1H-&9!+5*-;-*-3'!*61%(96!+!5%T%N!-'!)+193)A!U-&+&5-+)!+&E!
'*1(5*(1+)#!_&)-23!+!'%5-3*AG!+!5%T%N!5+&!H+23!+!N1%U-*#!DH+))31!U+1H'G!)-23!*63!%&3'!-&!*6-'!](-E3G!5+&!
r@+&E!*%93*631s!(&E31!%&3!@('-&3''!%19+&-[+*-%&G!%N31+*-&9!%&!'3;31+)!N+153)'!%U!N1%N31*A!*6+*!5+&!
13H+-&!'3N+1+*3)A!%<&3E!+&E!%55(N-3E#!Q%&TU+1H31'!%1!&%&T13'-E3&*'!5%()E!b%-&!*63!5%T%N!U%1!+!U33G!
+&E!@3&3U-*!-&!;+1-%('!<+A'!U1%H!*63!N1%E(5*-;-*A!%U!*63!U+1H#!:&3!3V+HN)3!%U!6%<!*6-'!5%()E!@3!E%&3!-'!
*63!$%HH(&-*A!D(NN%1*3E!B91-5()*(13!H%E3)G!@3)%<#!03H@31'6-N!U33'!<%()E!@3!b('*!%&3!<+A!-&!<6-56!
+!5%T%N!5%()E!1+-'3!H%&3A#!03H@31'!5+&!+)'%!H+23!)%+&'!*%!*63!5%T%NG!+&E!-U!*63!5%T%N!-'!%N31+*-&9!+'!+!
U%1TN1%U-*!%19+&-[+*-%&G!'3))-&9!'6+13'!5%()E!+)'%!@3!+&!%N*-%&#!?%1!+!9%%E!3V+HN)3!%U!+!5%%N31+*-;3!U+1H!
%19+&-[+*-%&G!'33!*63!?1+'31!$%HH%&!?+1H!-&!B)E3191%;3G!,$G!<6-56!'3))'!-*'!N1%E(53!*61%(96!])%1-%('!
:19+&-5'#/7!!
?(1*631H%13G!5%T%N'!+13!3)-9-@)3!*%!+NN)A!U%1!531*+-&!2-&E'!%U!U(&E-&9G!3;3&!-U!*63A!%N31+*3!U%1!+!N1%U-*G!
*6+*!%*631!@('-&3''3'!+13!&%*#!?%1!3V+HN)3G!*63!M&*31N1-'-&9!Q%&TI1%U-*'!I1%91+HG!+@%;3G!<%()E!&%*!
+NN)A!*%!+!U%1TN1%U-*!5%T%NG!@(*!g+&$-*Af'!$%HH(&-*A!I1%b35*!]1+&*'!I1%91+H!<%()E#!R*!%UU31'!91+&*'!%U!
(N!*%!z"=GCCC!U%1!N1%b35*'!<%12-&9!*%<+1E!+!1+&93!%U!3&;-1%&H3&*+)G!'%5-+)!b('*-53G!+&E!5%HH(&-*A!
@(-)E-&9!9%+)'#!?%%E!'35(1-*A!+&E!'('*+-&+@-)-*AG!-&5)(E-&9!)%5+)!+&E!%19+&-5!U%%E!'35*%1!-&-*-+*-;3'G!+13!
'N35-U-5+))A!-&5)(E3E!-&!*63!51-*31-+!%;31;-3<!Y&%*3!*6+*!*6-'!U(&E-&9!<%()E!+)'%!@3!+;+-)+@)3!*%!+!&%&T
N1%U-*!'%5-3*AZ#/O!B&%*631!'%(153!%U!5%T%N!U(&E-&9G!*63!$%T%N!0%H3&*(H!?(&EG!N1%;-E3'!)%+&'!%U!(N!*%!
z/=GCCC!*%!5%T%N'!*6+*!6+;3!@33&!-&!3V-'*3&53!U%1!+*!)3+'*!%&3!A3+1!+&E!6+;3!+!'N35-U-5!&33E!U%1!
+EE-*-%&+)!5+N-*+)#/P!
03H@31'6-N!+&E!*63!+''%5-+*-%&!@3*<33&!H3H@31'!5+&!@3!5)%'3)A!2&-*!%1!5+&!@3!H-&-H+)!T!)-**)3!H%13!
*6+&!*63!N+AH3&*!%U!+!H3H@31'6-N!U33G!U%1!3V+HN)3#!8+193!'5+)3!5%T%N'G!)-23!0%(&*+-&!M^(-NH3&*!$%%N!
+&E!0%E%!YU%1H31)A!*63!g+&5%(;31!B(*%!Q3*<%12Z!%N31+*3!-&!*6-'!<+A#!B)*31&+*-;3)AG!-U!*63!+''%5-+*-%&!
6+'!13)+*-;3)A!U3<!H3H@31'!-*!H+A!@3!*6+*!+))!H3H@31'!+13!913+*)A!-&;%);3E!-&!*63!+''%5-+*-%&G!<-*6!
H+&A!%1!H%'*!%U!*63H!@3-&9!E-135*%1'#!!
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!Y<!"##$%&&MMM0B'+-M20'-&T,'(.&7('16,.#&[O&45,,2*7,&XXPRRXYHPXW!!YG!"##$%&&MMM045-2,5'(66(.4-560'(6&!!YH!E.+*.,!-#!"##$2%&&MMM0)-.'*#@0'(6&VB(1#c-.'*#@&[.),2#*./[.9(661.*#*,2&F5-.#2&9(661.*#@N5(d,'#F5-.#2&N5(/5-6F1*7,+*.,2V.795*#,5*-&!YR!=9!9(($,5-#*),!V22('*-#*(.!9(3($!:(6,.#16!J1.7?!(.+*.,!-#!"##$%&&MMM0B''-0'(($&'(.#,.#&'(3($36(6,.#16341.73B'!
The Smart Farm Project!:!BIIMQJRS!
LEGAL OVERVIEW !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 38/124
!
0%E3)!1()3'!U%1!+!5%%N31+*-;3!+''%5-+*-%&!+13!+;+-)+@)3!+*!D563E()3!,!%U!*63!$%T%N!439()+*-%&'G!+&E!
5%&*+-&!N1%;-'-%&!U%1!*63!%N31+*-%&!+&E!E-''%)(*-%&!%U!+!5%T%NG!+'!<3))!+'!*63!%@)-9+*-%&'!+&E!1-96*'!%U!-*'!
H3H@31'#.C!
W%<3;31G!-*!'6%()E!@3!&%*3E!*6+*!+!5%T%N!'*1(5*(13!H+A!&%*!@3!*63!@3'*!%N*-%&!U%1!+!'H+))!U+1H-&9!
%N31+*-%&!<-*6!13)+*-;3)A!U3<!H3H@31'#!X63!,$!$%%N31+*-;3!B''%5-+*-%&!135%HH3&E'!N31U%1H-&9!+!
U3+'-@-)-*A!'*(EA!@3U%13!513+*-&9!+!5%T%NG!+&E!N1%;-E3'!+!9(-E3!U%1!*63!'+H3!%&)-&3#."!
(#-/!"-O+"!B!U+1H!*1('*!%UU31'!H+&A!%U!*63!'+H3!@3&3U-*'!%U!+!'%5-3*A!%1!5%T%NG!-&!*31H'!%U!9-;-&9!%<&31'!%U!'H+))31!
N+153)'!%U!)+&E!*63!%NN%1*(&-*A!*%!b%-&!*%93*631!<-*6!%*631'!*%!H+V-H-[3!*63-1!3UU35*-;3&3''!+&E!
N1%E(5*-%&#!0()*-N)3!N1%N31*A!%<&31'!5%()E!U%1H!+!5%HH(&-*A!)+&E!*1('*!*%93*631G!+&E!*63!*1('*!5%()E!
*+23!%&!*63!13'N%&'-@-)-*A!%U!)+&E!'*3<+1E'6-N!+&E!U+1H-&9!%N31+*-%&'#!B!U+1H!*1('*!5+&!63)N!3&'(13!*6+*!
)+&E!13H+-&'!U+1H3EG!3-*631!@A!+553N*-&9!E%&+*-%&'!%1!'+)3'!%U!U+1H)+&EG!+&E!*63&!)3+'-&9!-*!%(*!Y3;3&!
%&!)%&9!*31H!)3+'3'Z!(&E31!'N35-U-3E!5%&E-*-%&'G!%1!@A!N)+5-&9!+!5%;3&+&*!%&!*63!)+&E!+&E!*63&!13'3))-&9!
-*!+*!+!13+'%&+@)3!N1-53!*%!-&*313'*3E!U+1H31'#!
R*!-'!-HN%1*+&*!*%!&%*3!*6+*!U+1H!*1('*'!93&31+))A!+NN3+1!*%!E3+)!&%*!<-*6!E-'513*3!N1%N31*-3'G!@(*!1+*631!
<-*6!H+51%!+91-5()*(1+)!-''(3'!<-*6-&!+!93%91+N6-5+)!139-%&#!?%1!3V+HN)3G!*63!?+1H)+&E'!X1('*!D%5-3*A!
<%12'!*%!N13'31;3!U+1H)+&E!+&E!3&6+&53!U%%E!'35(1-*A!*61%(96%(*!*63!]13+*31!g-5*%1-+!139-%&#./!X63!
D+)*!DN1-&9!R')+&E!B91-5()*(1+)!B))-+&53!-'!+!&%&TN1%U-*!'%5-3*A!*6+*!%N31+*3'!'3;31+)!N1%91+H'!*%!3&6+&53!
+&E!N1%*35*!+91-5()*(13!%&!*63!-')+&E#..!X63!J3)*+!?+1H)+&E!+&E!d-)E)-U3!X1('*!-'!+!&%&TN1%U-*!
%19+&-[+*-%&!*6+*!%N31+*3'!'*3<+1E'6-N!N1%91+H'!+-H3E!+*!N1%H%*-&9!*63!'('*+-&+@)3!('3!%U!+91-5()*(1+)!
)+&E!<-*6-&!*63!)%<31!?1+'31!4-;31!E3)*+#.>!!
RU!*6313!<313!+!*1('*!)-23!%&3!%U!*63'3!%&!*63!D(&'6-&3!$%+'*G!-*!5%()E!+''-'*!*63!%<&31'!%U!*63!H%E3)!
N1%N31*-3'!-&!*6-'!](-E3G!@A!E1+<-&9!%&!-*'!13'%(153'!*%!-HN)3H3&*!-*'!N1%91+H'!%&!*6%'3!N1%N31*-3'G!%1!
3;3&!@A!@(A-&9!+!N+153)!+&E!*63&!)3+'-&9!-*!@+52!*%!*63!%<&31'#!W%<3;31G!-*!+NN3+1'!*6+*!-*!<%()E!@3!
E-UU-5()*!U%1!+!'H+))!91%(N!%U!N1%N31*A!%<&31'!*%!513+*3!+!U+1H!*1('*G!<-*6%(*!'(UU-5-3&*!'*+1*!(N!5+N-*+)!%1!
%&9%-&9!U(&E-&9G!+&E!*63!H%13!+NN1%N1-+*3!N(1N%'3!%U!*63!U+1H!*1('*!<%()E!@3!*63!@1%+E31!9%+)!%U!
U%'*31-&9!'('*+-&+@)3G!5%HH(&-*AT53&*13E!'H+))T'5+)3!+91-5()*(13!<-*6-&!*63!139-%&G!1+*631!*6+&!
U+5-)-*+*-&9!'(56!+5*-;-*A!%&)A!%&!'N35-U-5!U+1H'#!
B!U+1H!*1('*!5%()E!@3!+&!+1Hf'!)3&9*6!%19+&-[+*-%&!%U!*63!)%5+)!9%;31&H3&*#!RU!*63!)%5+)!9%;31&H3&*!-'!
-&*313'*3E!-&!3'*+@)-'6-&9!'(56!+&!%19+&-[+*-%&G!-*!<%()E!)-23)A!@3&3U-*!-&*313'*3E!U+1H31'#!$13+*-&9!'(56!
+!*1('*!+'!N+1*!%U!*63!)%5+)!9%;31&H3&*f'!+EH-&-'*1+*-;3!-&U1+'*1(5*(13!<%()E!&353''+1-)A!'6-U*!*63!U%5('!
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!bX"##$%&&MMM0B'+-M20'-&\NA*B5-5*,2&B'+-M2P.,M&7('16,.#&[O&45,,2*7,&bRWPYXXXe>'",71+,=f\YfHXfRZJ(56(4T1+,2!!bW!=9!9(($,5-#*),!V22('*-#*(.!T,2(15',!F1*7,!4(5!9(3($,5-#*),!O,),+($6,.#!*.!=9?!(.+*.,!-#!"##$%&&MMM0B''-0'(($&2*#,2&B''-0'(($&4*+,2&91+#*)-#*./!9(3($2!F1*7,!=90$74!bY!J-56+-.72!`512#!>('*,#@!>#5-#,/*'!N+-.?!(.+*.,!-#!"##$%&&MMM04-56+-.72#512#0'-&JA`!>('*,#@!2#5-#,/*'!$+-.PYXXR!#(!YXWZP1$7-#,7!V$5*+!bX!YXWb0$74!bb!N+-.!#(!J-56!M,B2*#,?!(.+*.,!-#!"##$%&&$+-.#(4-560(5/&9155,.#PN5(d,'#20$"$!bZ!O,+#-!J-56+-.7!-.7!g*+7+*4,!`512#!M,B2*#,?!(.+*.,!-#!"##$%&&MMM07,+#-4-56+-.70'-&$-/,&-B(1#312&!
The Smart Farm Project!:!BIIMQJRS!LEGAL OVERVIEW !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 39/124
!
+<+A!U1%H!*63!-&E-;-E(+)!N1%N31*A!%<&31'G!%&*%!*63!@1%+E31!9%+)'!%U!*63!)%5+)!9%;31&H3&*!k!<6-56!H+A!
&%*!N31U35*)A!+)-9&#!RU!*63!-&E-;-E(+)!H%E3)!N1%N31*-3'!<313!E-135*)A!)-&23E!*%!*63!)%5+)!9%;31&H3&*f'!U+1H!
*1('*G!*6-'!<%()E!)-23)A!-&513+'3!*63!N1%N31*A!%<&31'f!E3N3&E3&53!%&!*63!)%5+)!9%;31&H3&*!U%1!
+(*6%1-[+*-%&G!+&E!-&513+'3!*63!)%5+)!9%;31&H3&*f'!E-135*!-&;%);3H3&*!<-*6!*63!N1%N31*A#!
?%1!*63'3!13+'%&'G!+!U+1H!*1('*!5%()E!913+*)A!@3&3U-*!*63!N1%N31*-3'!%(*)-&3E!-&!*6-'!](-E3G!@(*!E%3'!&%*!
*+23!*63!N)+53!%U!-&E-;-E(+)!%19+&-[+*-%&!+&E!H+&+93H3&*!%U!*63!N1%N31*-3'#!!
)'//O*0"L!+O,,'-"&M!g+I#-&Mi!#P-0)O%"O-&!$%HH(&-*A!D(NN%1*3E!Y%1!D6+13EZ!B91-5()*(13!Y$DBZ!-'!+!*31H!('3E!@A!H+&A!%U!*63!%19+&-[+*-%&'!
E-'5(''3E!6313-&#!R&!-*'!'-HN)3'*!U%1HG!-*!-'!+!'A'*3H!@A!<6-56!5%HH(&-*A!H3H@31'!'(@'51-@3!*%!%&3!%1!
H%13!)%5+)!U+1H'G!N+A-&9!+!'3*!+H%(&*!+*!*63!%&'3*!%U!*63!91%<-&9!'3+'%&#!X61%(96%(*!*63!91%<-&9!
'3+'%&G!*63A!1353-;3!<332)A!'6+13'!%U!*63!U%%E!N1%E(53E!%&!*63!U+1H#!RE3+))AG!'(56!+!H%E3)!-&513+'3'!
*63!U(&E'!+;+-)+@)3!*%!U+1H31'!+*!*63!@39-&&-&9!%U!*63!91%<-&9!'3+'%&G!-HN1%;-&9!*63-1!U-&+&5-+)!'*+@-)-*A!
<6-)3!*63A!91%<!*63-1!51%N'#!B!$DB!N1%91+H!5%()E!@3!3'*+@)-'63E!(&E31!H%'*!%U!*63!%N31+*-%&!+&E!
H+&+93H3&*!%N*-%&'!'3*!%(*!-&!*6-'!13N%1*#!!
B!$DB!N1%91+H!+NN3+1'!6-96)A!U)3V-@)3G!-&!*6+*!-*!5%()E!@3!;-+@)3!3;3&!<-*6!+!'H+))!U+1H#!R*!5%()E!N1%;-E3!
H(56!&33E3E!5+N-*+)G!+&E!'*13&9*63&!*63!13)+*-%&'6-N!@3*<33&!*63!U+1H!+&E!%*631!H3H@31'!%U!*63!
5%HH(&-*A#!
)I#-0"#$%&!+"#"O+!D%H3!%U!*63!%19+&-[+*-%&'!13;-3<3E!-&!*6-'!13N%1*!6+;3!56+1-*+@)3!'*+*('G!+&E!-*!-'!('3U()!*%!5%&'-E31!
<63*631!'(56!'*+*('!<%()E!@3!+;+-)+@)3!%1!+NN1%N1-+*3!U%1!*63!'%1*!%U!U+1H!%19+&-[+*-%&'!)-23)A!*%!
3H3193!U1%H!*6-'!](-E3#!
W+;-&9!56+1-*+@)3!'*+*('!3&+@)3'!+&!%19+&-[+*-%&!*%!-''(3!*+VTE3E(5*-@)3!1353-N*'!U%1!E%&+*-%&'#!X6-'!5+&!
@3!+!N%<31U()!-&53&*-;3!U%1!E%&%1'#!$6+1-*+@)3!'*+*('!+)'%!+))%<'!*63!%19+&-[+*-%&!*%!@3&3U-*!U1%H!
U+;%(1+@)3!*+V!5%&E-*-%&'G!-&5)(E-&9!13E(53E!N1%N31*A!*+V3'!+&E!;+1-%('!3V3HN*-%&'!+&E!13@+*3'#!,3-&9!
+!139-'*313E!56+1-*A!H+A!+)'%!-&513+'3!+553''!*%!U(&E-&9!-&!*63!U%1H!%U!91+&*'#!
W%<3;31G!*6313!+13!63+;A!)-H-*'!+&E!13'*1-5*-%&'!%&!56+1-*-3'!-&!$+&+E+#!D-&53!*63!^(.*6$!R&N!I."!E%3'!
&%*!E3U-&3!r56+1-*+@)3!N(1N%'3Gs!*63!5%(1*'!6+;3!'(NN)-3E!*63-1!%<&!E3U-&-*-%&#!X%!@35%H3!+!139-'*313E!
56+1-*AG!*63!%19+&-[+*-%&!H('*!6+;3!+'!-*'!N(1N%'3!*63!13)-3U!%U!N%;31*AG!*63!+E;+&53H3&*!%U!3E(5+*-%&G!
*63!+E;+&53H3&*!%U!13)-9-%&G!%1!%*631!N(1N%'3'!@3&3U-5-+)!*%!*63!5%HH(&-*A#!d6-)3!*63!N(1N%'3'!
5%&*3HN)+*3E!@A!*63!DH+1*!?+1H!N1%b35*!H+A!U-*!(&E31!3-*631!*63!+E;+&53H3&*!%U!3E(5+*-%&!%1!%*631!
N(1N%'3'!@3&3U-5-+)!*%!*63!5%HH(&-*AG!-*!-'!&%*!+!9(+1+&*33!*6+*!*63A!<%()E#!X63!$+&+E+!43;3&(3!
B93&5A!6+'!513+*3E!+&!%&)-&3!13'%(153!%(*)-&-&9!*63!2-&E'!%U!N(1N%'3'!5%&'-E313E!*%!@3!56+1-*+@)3#.=!
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!b8!"##$%&&MMM0'5-3-5'0/'0'-&'"5#23/)./&'"5#2&$$+@./&67+&67+3Bd'#23,./0"#6+!!
The Smart Farm Project!:!BIIMQJRS!
LEGAL OVERVIEW !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 40/124
!
?(1*631H%13G!-*!-'!&%*!'(UU-5-3&*!*%!6+;3!+!56+1-*+@)3!N(1N%'3#!B!56+1-*A!H('*!+)'%!3&9+93!-&!56+1-*+@)3!
+5*-;-*-3'G!<6-56!N1%;-E3!+!H3+'(1+@)3!@3&3U-*!*%!3-*631!'%5-3*A!+*!)+193!%1!+!'-9&-U-5+&*!'35*-%&!%U!-*#.K!
$6+1-*-3'!H('*!+)'%!H33*!+&!+&&(+)!'N3&E-&9!13^(-13H3&*G!%1!+!E-'@(1'3H3&*!^(%*+G!'N3&E-&9!+!
H-&-H(H!+H%(&*!3+56!A3+1!%&!*63-1!%<&!56+1-*+@)3!+5*-;-*-3'!+&E!9-U*'!*%!^(+)-U-3E!E%&33'#!X63!
13N%1*-&9!+&E!+55%(&*-&9!13^(-13H3&*'!U%1!139-'*313E!56+1-*-3'!+13!+)'%!1-9%1%('#.7!
_&)3''!*63!DH+1*!?+1H!N1%N31*-3'!+&*-5-N+*3!@3-&9!+@)3!*%!'-9&-U-5+&*)A!-&513+'3!*63!+H%(&*!%U!H%&3A!
*63A!+13!+@)3!*%!@1-&9!-&!U%1!56+1-*+@)3!N(1N%'3'!+&E!+5*-;-*AG!@A!;-1*(3!%U!139-'*31-&9!+'!+!56+1-*AG!R!<%()E!
+E;-'3!+9+-&'*!'332-&9!56+1-*+@)3!'*+*('#!R*!<%()E!H%'*!)-23)A!-&513+'3!+EH-&-'*1+*-;3!13'N%&'-@-)-*-3'!+&E!
5%'*'!+&E!13'*1-5*!<6+*!*63!U+1H'!5+&!E%G!<-*6%(*!N1%;-E-&9!H(56!@3&3U-*#!
+O//#-L!D3;31+)!E-UU313&*!H%E3)'!3V-'*!U%1!%N31+*-&9!+&E!H+&+9-&9!+!'H+))T'5+)3!5%HH(&-*A!U+1HG!+&E!H+&A!%U!
*63H!<%12!@3'*!-&!5%&b(&5*-%&!<-*6!3+56!%*631#!R&!93&31+)G!*63!DH+1*!?+1H!H%E3)!N1%N31*-3'!<%()E!
)-23)A!E%!@3'*!%N31+*-&9!+'!-&E-;-E(+)!@('-&3''3'!%1!'%5-3*-3'G!%1!+'!%&3!'%5-3*A!%1!5%T%N!3&9+93E!-&!!
U+1H-&9!+5*-;-*-3'!%&!H()*-N)3!N1%N31*-3'#!D(56!+&!%19+&-[+*-%&!<%()E!@3&3U-*!U1%H!*63!513+*-%&!%U!+!
139-%&+)!U+1H!*1('*G!+&E!H3H@31'!%U!*63!DH+1*!?+1H!N1%N31*-3'!5%()E!<%12!<-*6!*63!)%5+)!9%;31&H3&*!*%!
U%'*31!*63!513+*-%&!%U!'(56!+!*1('*G!+)*6%(96!*63!N1%@+@-)-*A!%U!'(553''!U%1!*63!*1('*!<%()E!@3!63+;-)A!
E3N3&E3&*!%&!*63!)%5+)!9%;31&H3&*f'!%<&!-&*313'*!+&E!H%*-;+*-%&#!
B!&%&TN1%U-*!'%5-3*A!H+AG!+U*31!5%&'-E31-&9!*63!N1%'!+&E!5%&'G!'332!'*+*('!+'!+!139-'*313E!56+1-*AG!
+)*6%(96!*6-'!H+A!@3!H%13!*1%(@)3!*6+&!-*f'!<%1*6!U%1!+!'H+))31!U+1H!%N31+*-%&!<-*6!'%H3!N1%U-*+@)3!
5%HH315-+)!+5*-;-*A#!B!'%5-3*A!%1!+!5%T%N!H+A!<-'6!*%!6%)E!5%;3&+&*'!%&!*63!)+&E!<6313!-*!3&9+93'!-&!
U+1H-&9!+5*-;-*AG!*%!U(1*631!N1%*35*!*63!U+1H)+&E#!
B&A!%19+&-[+*-%&!3&9+9-&9!-&!'(56!U+1H-&9!+5*-;-*A!'6%()E!U%'*31!9%%E!13)+*-%&'6-N'!@%*6!<-*6!*63!
N1%N31*A!%<&31'!Y-U!'3N+1+*3!U1%H!*63!%19+&-[+*-%&Z!+&E!<-*6!*63!)%5+)!9%;31&H3&*#!
ZONING R&!+))!%U!*63!DH+1*!?+1H!H%E3)'G!*63!N1%N31*A!H('*!@3![%&3E!-&!'(56!+!<+A!+'!*%!+))%<!*63!E3'-13E!
U+1H-&9!+&E!5%HH315-+)!+5*-;-*-3'G!+'!<3))!+'!*63!&(H@31G!N)+53H3&*G!+&E!%55(N+&*'!%U!*63!E<3))-&9'!
*6313%&#!
:UU-5-+)!$%HH(&-*A!I)+&'!U%1H!N+1*!%U!*63![%&-&9!U1+H3<%12!U%1!)%5+)!9%;31&H3&*'G!+&E!)%5+)!
9%;31&H3&*'!5+&&%*!+5*!5%&*1+1-)A!*%!*63-1!:$I'#!R&!'%H3!5+'3'G!*63!:$I!H+A!'(NN%1*!*63!+5*-;-*A!
5%&*3HN)+*3E!-&!*63!N)+&G!<6-)3!-&!%*631'!-*!H+A!N%'3!+!56+))3&93#!
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!b<!9-.-7-!T,),.1,!V/,.'@!M,B2*#,?!Ig"-#!*2!'"-5*#-B+,^K!(.+*.,!-#!"##$%&&MMM0'5-3-5'0/'0'-&'"5#23/)./&'"5#2&$$+@./&'$'&M#'3,./0"#6+!bG!9-.-7-!T,),.1,!V/,.'@!M,B2*#,?!I=-2*'!F1*7,+*.,2K!(.+*.,!-#!"##$%&&MMM0'5-3-5'0/'0'-&'"5#23/)./&'"5#2&'"'L+2#2&B2'/7+.23,./0"#6+!
The Smart Farm Project!:!BIIMQJRS!
LEGAL OVERVIEW !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 41/124
!
d6+*!U%))%<'!+13F!+&!%;31;-3<!%U!*63!5(113&*![%&-&9!-&!*63!D$4JG!'3;31+)!H%E3)'!%U![%&-&9!*6+*!+NN)A!*%!
N1%N31*-3'!*61%(96%(*!,$!<6313!5%HH(&-*A!U+1H-&9!*+23'!N)+53G!+&E!+!U1+H3<%12!U%1![%&-&9!*6+*!H-96*!
<%12!U%1!*63!DH+1*!?+1H!H%E3)!N1%N31*-3'#!B'!<-))!@35%H3!+NN+13&*G!*63!913+*3'*!56+))3&93!U%1!*63!
DH+1*!?+1H!N1%N31*-3'!<-))!@3!U-&E-&9!+![%&-&9!H%E3)!*6+*!+))%<'!*63!E3'-13E!N%N()+*-%&!E3&'-*AG!<6-)3!
'-H()*+&3%(')A!+))%<-&9!*63!5%&*3HN)+*3E!+91-5()*(1+)!+&E!+553''%1A!('3'#!
$8!"7%%()'!9,)4)5!4)!:";/!X63!D$4J!q%&-&9!,A)+<!."C!9%;31&'!+))!%U!*63!N1%N31*-3'!-&!*6-'!](-E3G!+)*6%(96!-*!-'!&%*!*63!%&)A!
3&+5*H3&*!+NN)-5+@)3!*%!*63!N1%N31*-3'#!/P=C!8%<31!4%+E!-&!4%@31*'!$1332!-'!5(113&*)A![%&3E!4/G!%1!
43'-E3&*-+)!/#!R&!*6-'![%&3G!+*!)3+'*!%&3!'-&9)3!U+H-)A!E<3))-&9!+&E!(N!*%!/!@%+1E31'!+13!N31H-**3E#!X63!
q%&-&9!,A)+<!E3U-&3'!rU+H-)As!+'F!
+Z X<%!%1!H%13!N31'%&'!<6%G!@A!13+'%&!%U!6313E-*AG!@)%%EG!H+11-+93G!5%HH%&T)+<!H+11-+93G!
U%'*31!N+13&*6%%EG!%1!+E%N*-%&G!'6+13!%&3!E<3))-&9v!%1!
@Z Q%*!H%13!*6+&!U-;3!(&13)+*3E!N31'%&'!)-;-&9!*%93*631!-&!+!E<3))-&9!(&-*!+&E!-&5)(E3'!'31;+&*'!
)-;-&9!%&!*63!N13H-'3'#!
!
R!-&*31N13*!*6-'!*%!H3+&!*6+*!*6313!-'!&%!)-H-*!%&!*63!&(H@31!%U!N3%N)3!H33*-&9!'(@'35*-%&!+Z!<6%!5+&!
)-;3!-&!+!'-&9)3!U+H-)A!E<3))-&9#!d6-)3!*6313!-'!+!)-H-*!%U!=!N3%N)3!(&E31!'(@'35*-%&!@ZG!-&5)(E-&9!
r'31;+&*'sG!-*!-'!&%*!3&*-13)A!5)3+1!<63*631!*6-'!H3+&'!*6+*!+!U+H-)A!5+&&%*!-&5)(E3!(&13)+*3E!N31'%&'!-U!
*63!(&13)+*3E!N31'%&'!@1-&9!*63!*%*+)!&(H@31!+@%;3!=#!?%1!3V+HN)3G!-*!'33H'!(&)-23)A!*6+*!+!U+H-)A!%U!=!
*6+*!6-13'!+!)-;3!-&!&+&&A!%1!+(!N+-1!<%()E!@3!5%&'-E313E!-&!;-%)+*-%&!%U!*63!q%&-&9!,A)+<#!r,%+1E31s!-'!
'-HN)A!E3U-&3E!+'!r+!N31'%&!<6%!13'-E3'!-&!+!E<3))-&9!<-*6!+!U+H-)A!U%1!+!N31-%E!%U!"C!E+A'!%1!)%&931sG!
<-*6!&%!^(+)-UA-&9!)+&9(+93!139+1E-&9!N(1N%'3!%1!N+AH3&*#!!
?(1*631H%13G!rE<3))-&9s!-'!E3U-&3E!-&!*63!q%&-&9!,A)+<!+'!r%&3!%1!H%13!1%%H'!5%HN1-'-&9!+!'3)UT
5%&*+-&3E!(&-*!<-*6-&!+!@(-)E-&9G!('3E!%1!-&*3&E3E!+'!+!13'-E3&53!@A!%&3!%1!H%13!N31'%&'!+&E!@A!&%*!
H%13!*6+&!%&3!U+H-)AG!<6-56!5%&*+-&'!%&3!'3*!%U!5%%2-&9!U+5-)-*-3'!+&E!5('*%H+1-)A!%&3!%1!H%13!'+&-*+1A!
U+5-)-*-3'!+&E!')33N-&9!^(+1*31'#s!
:&!N+153)'!3V533E-&9!/CCC!H/G!+!6+)U!E(N)3V!%1!+(V-)-+1A!E<3))-&9!(&-*!Y+!'(-*3!%1!5%**+93Z!-'!+)'%!+))%<3E#!
R*!+NN3+1'!*6+*!%&!N+153)'!3V533E-&9!.=CC!H/!Y)3''!*6+&!+&!+513ZG!+&!+EE-*-%&+)!N31H-**3E!('3!H+A!@3!+!
'-&9)3!U+H-)A!E<3))-&9!%1!+!r*1+&'-*-%&!6%('3sG!<6-56!-'!E3U-&3E!+'!+!)-53&'3E!%1!+(*6%1-[3E!U+5-)-*A!
N1%;-E-&9!U%%E!+&E!)%E9-&9!*%!*<%!%1!H%13!N31'%&'!1353-;-&9!'%5-+)!'31;-53'#!X6-'!5%()E!H3+&!*6+*!*6-'!
N1%N31*A!-'!+)13+EA![%&3E!-&!'(56!+!<+A!+'!*%!+))%<!(N!*%!/!'-&9)3!U+H-)A!E<3))-&9'G!%1!%&3!'-&9)3!U+H-)A!
E<3))-&9!+&E!+!*1+&'-*-%&!6%('3G!'(-*3G!%1!5%**+93#!
The Smart Farm Project!:!BIIMQJRS!LEGAL OVERVIEW !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 42/124
!
:*631!N31H-**3E!+5*-;-*-3'!-&5)(E3F!1+-'-&9!N%()*1A!%1!1+@@-*'G!6%H3!%55(N+*-%&!+'!E3U-&3E!-&!*63!@A)+<G!
6%1*-5()*(1+)!'+)3'!+(V-)-+1A!*%!%&3!'-&9)3!U+H-)A!E<3))-&9G!+&E!@3E!+&E!@13+2U+'*!%N31+*-%&!+'!'3*!%(*!-&!
*63!@A)+<#.O!!
X63!4/![%&-&9!E%3'!&%*!+))%<!+91-5()*(13G!+&E!'%!U%1!*63!N(1N%'3'!%U!5%HH315-+)!U+1H-&9G!*6-'!N1%N31*A!
<%()E!6+;3!*%!@3!13[%&3E#!
X63!%*631!.!H%E3)!N1%N31*-3'!+13!+))![%&3E!4_"G!%1!r4(1+)!:&3s#!B''(H-&9!*6+*!+))!.!N1%N31*-3'!6+;3!+&!
+13+!%U!+NN1%V-H+*3)A!=!+513'G!*6-'![%&3!+))%<'!/!'-&9)3!U+H-)A!E<3))-&9'G!%1!%&3!'-&9)3!U+H-)A!E<3))-&9!
N)('!+&!+(V-)-+1A!E<3))-&9!(&-*!%1!+!*1+&'-*-%&!6%('3#!B!E(N)3V!<%()E!+)'%!@3!+))%<3E#!X6-'![%&3!+))%<'!
+91-5()*(13!+&E!6%H3!%55(N+*-%&G!@(*!E%3'!&%*!+))%<!5%HH315-+)!'+)3'!%*631!*6+&!*6%'3!-&5)(E3E!-&!*63!
E3U-&-*-%&!%U!r+91-5()*(13s!-&!*63!@A)+<#.P!R*!'6%()E!&%*!@3!N1%6-@-*-;3)A!E-UU-5()*!*%!56+&93!*63![%&-&9!*%!
+))%<!9+*3!'+)3'!%U!N1%53''3E!%1!H+&(U+5*(13E!+91-5()*(1+)!N1%E(5*'G!%1!%*631!)-96*!5%HH315-+)!+5*-;-*AG!
@(*!-*!H+A!@3!H%13!E-UU-5()*!*%!N31'(+E3!*63!D$4J!*%!+))%<!@%*6!-&513+'3E!13'-E3&*-+)!E3&'-*A!+&E!
5%HH315-+)!'+)3'G!%&!*%N!%U!+91-5()*(1+)!('3#!
X63!D$4J![%&3'!*6+*!+))%<!-&513+'3E!E3&'-*A!93&31+))A!E%!'%!<6313!*6313!-'!&%!+91-5()*(13v!'33G!U%1!
3V+HN)3G!$%HN1363&'-;3!J3;3)%NH3&*!q%&3'!:&3!+&E!X6133#>C!$J"!q%&3!+))%<'!5%T6%('-&9G!-&!*63!U%1H!
%U!'-&9)3!U+H-)A!E<3))-&9'!-&!."!'*1+*+!)%*'G!+&E!;+1-%('!%*631!+5*-;-*-3'!-&5)(E-&9!E+A5+13G!+!<%12'6%NG!+!
9133&6%('3G!+&E!*63!1+-'-&9!%U!N%()*1A!+&E!1+@@-*'G!@(*!E%3'!&%*!+))%<!5%HH315-+)!+5*-;-*A#!$J.!q%&3!!
+))%<'!H()*-TU+H-)A!(&-*'!+'!<3))!+'!'-&9)3!U+H-)A!E<3))-&9'G!+!H+1-&+G!+&E!13*+-)G!13'*+(1+&*!+&E!
13513+*-%&+)!U+5-)-*-3'G!@(*!E%3'!&%*!+))%<!+&A!+91-5()*(1+)!('3'#!
:*631!1(1+)![%&3'!E%!+))%<!U%1!(N!*%!.!'-&9)3!U+H-)A!E<3))-&9'!-U!*63!)%*!-'!)+193!3&%(96G!+&E!-*!<%()E!@3!
<%1*6!13;-3<-&9!<-*6!*63!D$4J!<63*631!+!13[%&-&9!5%()E!@3!3UU35*3E!*%!@1-&9!*63!N1%N31*-3'!<-*6-&!%&3!
+5*-;-*A!%&!*63!N1%N31*AG!@3A%&E!*6%'3!5%&'-E313E!+91-5()*(13#!
B)*6%(96!-*!E%3'!&%*!5(113&*)A!6+;3!+![%&-&9!5+*39%1A!*6+*!<%()E!+55%HH%E+*3!*63!+5*-;-*-3'!
5%&*3HN)+*3E!U%1!*63!DH+1*!?+1H!](-E3G!*63!D$4J!E%3'!6+;3!+!&(H@31!%U!'N35-+)-[3E![%&3'G!+&E!H+A!@3!
<-))-&9!*%!5%&'-E31!+!13[%&-&9#!X63!U%))%<-&9!3V+HN)3'!'6%<!'%H3!%U!*63!H+&A!%N*-%&'!+;+-)+@)3!U%1!*6-'!
2-&E!%U![%&-&9G!@(*!-*!'6%()E!@3!&%*3E!*6+*!-&!&%!5+'3!E%!*63A!5%HN)3*3)A!13U)35*!<6+*!-'!E3'-13E!U%1!*63!
H%E3)!N1%N31*-3'#!
<=$-21(!>.!;7%$1!?6(!@!AB,C)6#42!,+!D$)51(E8!!X63!?1+'31!$%HH%&!?+1H!-&!*63!X%<&'6-N!%U!8+&9)3A!-'!)%5+*3E!%&!)+&E!*6+*!-'![%&3E!4_T/#!I31H-**3E!
('3'!-&5)(E3!+91-5()*(1+)!('3'G!+553''%1A!@(-)E-&9'!+&E!6%H3!%55(N+*-%&'G!+&E!+!<-E3!1+&93!%U!U+1H-&9!
%1!+&-H+)!6('@+&E1A!+5*-;-*-3'#!X63![%&-&9!+))%<'!U%1!(N!*%!/!'-&9)3!U+H-)A!E<3))-&9'!+&E!+553''%1A!
13'-E3&*-+)!('3!U%1!U+1H!)+@%(131'#!RHN%1*+&*)AG!*63!'-[3!%U!*63!)%*!-'!'-9&-U-5+&*)A!913+*31!*6+&!*6+*!%U!+&A!
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!.O!D(&'6-&3!$%+'*!439-%&+)!J-'*1-5*!q%&-&9!,A)+<!."CG!I+1*!K""G!%&)-&3!+*!6**NF\\<<<#'51E#5+\U-)3'\?-)3\BEH-&-'*1+*-%&\,A)+<'\/C".TC7T/=!,A)+<!."C!$%&'%)-E+*-%&#NEU!.P!rB91-5()*(13s!-&5)(E3'!*63!H+123*-&9!+&E!'3))-&9!%U!*63!51%N'!6+1;3'*3E!%&!*63!N+153)G!@(*!E%3'!&%*!-&5)(E3!+&A!N1%53''-&9!%1!H+&(U+5*(1-&9G!%1!'+)3!%U!N1%53''3E!%1!H+&(U+5*(13E!N1%E(5*'#!>C!-@-E#!
The Smart Farm Project!:!BIIMQJRS!LEGAL OVERVIEW !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 43/124
!
%U!*63!-&E-;-E(+)!H%E3)!N1%N31*-3'!-&!*6-'!13N%1*G!<-*6!+&!+13+!%U!/C!+513'#!R*!-'G!3''3&*-+))AG![%&3E!U%1!
5%HH315-+)!+91-5()*(13G!+&E!+)*6%(96!*63!D$4J!6+'!'3;31+)!1(1+)![%&3'!*6+*!+))%<!U%1!+91-5()*(13G!-*!E%3'!
&%*![%&3!U%1!*63!)3;3)!%U!+91-5()*(13!U%(&E!-&!*63!?1+'31!g+))3A#!
<=$-21(!@.!;7%$1!",--(%&4$1!AF,C()!G61$)*8!,%<3&!R')+&E!0(&-5-N+)-*A!8+&E!_'3!,A)+<!Q%#!=7G!/CC/!3'*+@)-'63'!/!4(1+)!$%HH315-+)!q%&3'#>"!4$"!-'!
'(@*-*)3E!r]+1E3&!$3&*13sG!<6-)3!4$/!-'!'(@*-*)3E!r43*13+*!$3&*13s#!4$"!+))%<'!+91-5()*(1+)!+&E!
+91-5()*(1+)!13*+-)!('3G!<6313+'!4$/!E%3'!&%*#!4$/!+))%<'!%*631!13*+-)!('3'G!6%<3;31G!+&E!4$"!-'!)-H-*3E!
*%!*63!+91-5()*(1+)#!4$/!+))%<'!+!13*13+*!53&*13G!<6-56!H+A!6%('3!(N!*%!>C!-&T13'-E3&53!9(3'*'G!<6-)3!
%&)A!"!E<3))-&9!+&E!&%!%*631!+55%HH%E+*-%&!-'!+))%<3E!-&!*63!4$"![%&3#!R&!%*631!<%1E'G!*63!E-;-E3!
@3*<33&!+))%<-&9!+91-5()*(1+)!+&E!+91-5()*(13T13)+*3E!('3'G!%&!*63!%&3!6+&EG!+&E!+))%<-&9!6-9631!E3&'-*A!
%55(N+*-%&!%&!*63!%*631!6+&EG!@(*!&%*!@%*6G!-'!N13'3&*!-&!*63!1(1+)!5%HH315-+)![%&3'!%&!,%<3&!R')+&E!+'!
<3))#!!
,%<3&!E%3'!6+;3!H()*-N)3!5%HN1363&'-;3!E3;3)%NH3&*![%&3'G!@(*!&%&3!%U!*63'3!+))%<!H()*-N)3!
E<3))-&9!(&-*'!-&!5%H@-&+*-%&!<-*6!5%HH315-+)!+&E!+91-5()*(1+)!+5*-;-*A#!X63!'*+&E+1E!13'*1-5*-%&!%&!
E<3))-&9!(&-*'!-'!"!N31!)%*G!+&E!'(@E-;-'-%&!-'!13^(-13E!*%!-&513+'3!E3&'-*A#!
<=$-21(!H.!;7%$1!/(-,)6'%$'4,)!I$%-!A/46'%4&'!,+!:$$)4!J-'*1-5*!%U!D++&-56!q%&-&9!,A)+<!O/CC!E3U-&3'!rJ3H%&'*1+*-%&!?+1Hs!+'!r)+&E!'3*!+'-E3!U%1!N1%E(531'G!
9%;31&H3&*G!N1-;+*3!-&E('*1AG!%1!N1-;+*3!)+&E%<&31'!*6+*!+))%<'!U+1H31'G!13'3+15631'G!+&E!3E(5+*%1'!*%!!
*3+56!+&E!N1+5*-53!U+1H-&9#s>/!X6-'!*AN3!%U![%&-&9!+55%HH%E+*3'!H(56!%U!*63!+5*-;-*A!5%&*3HN)+*3E!@A!
13'-E3&*-+)!E3&'-*A!E3'-13E!@A!*63!N1%N31*A!%<&31'!-&!*6-'!](-E3#!
B91-5()*(13G!+!E3H%&'*1+*-%&!U+1HG!+!'-&9)3!U+H-)A!E<3))-&9G!@%+1E-&9G!6%H3!%55(N+*-%&G!+553''%1A!
@(-)E-&9'!+&E!'*1(5*(13'G!+&E!+553''%1A!N1%E(53!'+)3'!+13!+))!N31H-**3E!-&!*6-'![%&3#!Q%!H%13!*6+&!*<%!
@%+1E31'!+13!N31H-**3E!N31!E<3))-&9!(&-*G!+&E!%&)A!%&3!'-&9)3!U+H-)A!E<3))-&9!(&-*!-'!N31H-**3E!N31!)%*#!
X6-'![%&3!+NN3+1'!*%!6+;3!@33&!'N35-+))A!3'*+@)-'63E!*%!+55%HH%E+*3!+!E3H%&'*1+*-%&!U+1H!%&!+!)+193!
*1+5*!%U!)+&E!<-*6!%&)A!-&5-E3&*+)!E<3))-&9!(&-*'#!
!<=$-21(!J.!K5%4&71'7%$1!D$)*!:'(C$%*6#42!A:'%$'#&,)$!;(54,)$1!/46'%4&'!L!",%'(6!G61$)*8!X63!$%1*3'!R')+&E!q%&-&9!,A)+<!/CC/!3'*+@)-'63'!+&!B91-5()*(1+)!8+&E!D*3<+1E'6-N![%&3G!<-*6!*63!
U%))%<-&9!N31H-**3E!N1-&5-N+)!('3'F!13'-E3&*-+)G!3E(5+*-%&!U+5-)-*AG!+&E!+91-5()*(13#!R&!+EE-*-%&G!-*!+))%<'!
*63!U%))%<-&9!+553''%1A!('3'F!5%HH%&!U+5-)-*AG!13*+-)G!)%<!-HN+5*!13513+*-%&G!5+HN'-*3'G!+&E!+553''%1A!
@(-)E-&9'!+&E!'*1(5*(13'#>.!
X63!H-&-H(H!)%*!'-[3!U%1!*63![%&3!-'!./"!+513'G!U(1*631!'(993'*-&9!*6+*!*63![%&3!9%;31&'!*63!8-&&+3+!
?+1H!Y<6-56!)-'*'!-*'!U+1H)+&E!+'!5%&'-'*-&9!%U!."=!+513'Z#!X63!@A)+<!+))%<'!U%1!+!H+V-H(H!%U!""!
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!>"!,%<3&!R')+&E!q%&-&9!,A)+<!Q%#!=7G!%&)-&3!+*!6**NF\\<<<#@-H@5#5+\U-)3'\3H@3EE3E/C"C\""C7"OT,R0,A)+<Q%=7T8_,Y$%&'%)-E+*3EZ#NEU!>/!X63!5%HN)3*3!J-'*1-5*!%U!D++&-56!q%&-&9!,A)+<!-'!+;+-)+@)3!%&)-&3!+*!6**NF\\<<<#'++&-56#5+\)-;-&9\NEU\[%&3O/CC#NEU{N+93x/C!>.!X63!5%HN)3*3!$%1*3'!R')+&E!q%&-&9!,A)+<!-'!+;+-)+@)3!%&)-&3!+*!6**NF\\'1E<'#'*1+*65%&+1E#5+\(N)%+E3E?-)3'\$%HH(&-*AnI)+&&-&9\,A)+<'\/>==\M)35*%1+)nB13+nRnq%&-&9n,A)+<nI+1*nKCC#NEU!
The Smart Farm Project!:!BIIMQJRS!
LEGAL OVERVIEW !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 44/124
!
E<3))-&9'!-&!*63![%&3G!%1!+!H+V-H(H!)%*!5%;31+93!%U!/w!%U!*63!*%*+)![%&3!+13+#!:@;-%(')A!*6-'!<%()E!&%*!
@3!+&!+NN1%N1-+*3!H%E3)!U%1!*63!N1%N31*-3'!3V+H-&3E!-&!*6-'!13N%1*#!
R*!+)'%!+NN3+1'!U1%H!*63![%&-&9!@A)+<!*6+*!'%H3!%1!+))!%U!*63!)+&E!-&!*6-'![%&3!-'!<-*6-&!*63!B91-5()*(1+)!
8+&E!43'31;3#!
<=$-21(!M.!N$O%4,1$!",--,)6!",-2%(#()640(!/(0(1,2-()'!9,)(!AG61$)*6!B%76'8!X6-'![%&3!-'!'N35-U-5!*%!*63!]+@1-%)+!$%HH%&'#!R*'!N1-&5-N+)!N31H-**3E!('3'!+13!r5%HH%&'!+91-5()*(13s!
+&E!r5%HH%&'!-&'*-*(*-%&+)s#!R*!+)'%!N31H-*'!+!H+V-H(H!%U!"!'-&9)3!U+H-)A!E<3))-&9G!+&E!+553''%1A!
5%HH315-+)G!%UU-53G!+&E!N(@)-5!+''3H@)A!('3'#>>!B'!-&!%*631!)%5+)!9%;31&H3&*'f![%&-&9!@A)+<'G!*6313!
+NN3+1'!*%!@3!+!13)(5*+&53!*%![%&3!-&!'(56!+!<+A!*6+*!6-9631!E3&'-*A!%1!H()*-TU+H-)A!13'-E3&53'!+13!
+))%<3E!%&!)+&E!*6+*!-'!@%*6!+91-5()*(1+)!+&E!('3E!U%1!5%HH3153#!
!G*($1!9,)4)5!",)*4'4,)6!+,%!'#(!P%,2(%'4(6!RE3+))AG!*63!D$4J!<%()E!13[%&3!*63!H%E3)!N1%N31*-3'!6313-&!+'!'%H3!U%1H!%U!4(1+)!$%HH315-+)G!%1!
J3H%&'*1+*-%&!?+1HG!%1!'%H3!2-&E!%U!$%HN1363&'-;3!q%&3!*6+*!<%()E!+))%<!(N!*%!.!'-&9)3!U+H-)A!
E<3))-&9!(&-*'G!%1!%&3!'-&9)3!U+H-)A!E<3))-&9!(&-*!<-*6!+!'N35-U-3E!&(H@31!%U!+553''%1A!')33N-&9!(&-*'G!%1!
13'-E3&*-+)!('3!U%1!U+1H!)+@%(131'#!$+*39%1-[-&9!5)('*313E!E<3))-&9!(&-*'!+'!+!E(N)3V!%1!r*1-N)3Vs!5%()E!
+''(+93!)%5+)!9%;31&H3&*!5%&531&'!+@%(*!-&513+'-&9!*63!+))%<+@)3!&(H@31!%U!6%H3'#!!
R&!+EE-*-%&G!*63![%&-&9!<%()E!+))%<!U%1!+91-5()*(1+)!('3!+&E!+553''%1A!('3'!*%!+91-5()*(13G!+&E!
+91-5()*(1+)!5%HH315-+)!('3#!B!rH+123*!9+1E3&s!E3'-9&+*-%&!5%()E!@3!H%13!+NN1%N1-+*3!*6+&!*63!H%13!
93&31+)!r+91-5()*(13s!E3'-9&+*-%&G!+&E!13+''(13!*63!)%5+)!9%;31&H3&*!*6+*!-&*3&'3!+91-5()*(13!-'!&%*!
5%&*3HN)+*3E#!D%H3!N31H-**3E!('3!<%()E!)-23)A!+)'%!&33E!*%!@3!13^(-13E!U%1!N(@)-5!+''3H@)AG!-U!*63!
N1%N31*A!-'!*%!@3!('3E!U%1!U3'*-;+)'!%1!%*631!)+193!N(@)-5!9+*631-&9'#!
X63!U%))%<-&9!U-9(13!'3*'!%(*!+!H%E3)![%&-&9!@A)+<!'35*-%&!*6+*!5%()E!+NN)A!*%!*63!DH+1*!?+1H!
N1%N31*-3'F!!
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!>>!R')+&E'!X1('*!]+@1-%)+!R')+&E!8%5+)!X1('*!$%HH-**33!,A)+<!Q%#!"77G!"PPPG!%&)-&3!+*!6**NF\\<<<#-')+&E'*1('*#@5#5+\)*5\9@\NEU\9@@A)@+'3)(@C"77#NEU!
The Smart Farm Project!:!BIIMQJRS!LEGAL OVERVIEW !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 45/124
!
!
The Smart Farm Project!:!BIIMQJRS!LEGAL OVERVIEW !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 46/124
!
X63!56+))3&93!*63!DH+1*!?+1H!I1%b35*!<-))!U+53!-&!+56-3;-&9!*6-'!)-3'!-&!*63!U+5*!*6+*!&%!'(1;3A3E!)%5+)!
9%;31&H3&*!-&!,$!5(113&*)A!6+'!+&A!+&+)%9%('![%&-&9!-&!N)+53#!B!5+'3!<-))!&33E!*%!@3!H+E3!*6+*!*63!
[%&-&9!H+23'!'3&'3!U%1!*63!5%HH(&-*AG!+&E!H33*'!'+U3*A!+&E!3&;-1%&H3&*+)!'*+&E+1E'#!
P&*&-#%!'$+&-3#"0'*+!B!'%5-3*A!%1!+!$DB!@('-&3''!*6+*!+))%<3E!*63!;+1-%('!N1%N31*-3'!*%!'3))!*63-1!N1%E(5*!E-135*)A!*%!
5%HH(&-*A!H3H@31'G!%1!*%!'3))!U1%H!%&3!)%5+*-%&G!5%()E!@3!E3'-1+@)3!U%1!+))!*63!DH+1*!?+1H!N1%N31*-3'#!
:&3!*6-&9!*6+*!+!139-%&+)!U+1H!*1('*!5%()E!E%!<%()E!@3!*%!'3*!(N!+!U+1H31f'!H+123*!'+)3'!)%5+*-%&G!U%1!
'H+))T'5+)3!)%5+)!U+1H31'G!*6('!13E(5-&9!*63!&33E!*%!3&9+93!-&!%&T'-*3!'+)3'#!
X63!@-993'*!)39+)!6(1E)3!U%1!*63'3!H%E3)!N1%N31*-3'!<-))!N1%@+@)A!@3!+56-3;-&9!*63!H-V!%U!13'-E3&*-+)!
E3&'-*AG!+91-5()*(13G!+&E!%*631!3&*31N1-'3!5%&*3HN)+*3E!-&!*63!](-E3G!%&!N+153)'!+'!'H+))!+'!*63'3!%&3'#!
KEY QUESTIONS TO ASK
('-!(#-/&-+!>8 Q#$'!*,!G!C$)'!',!*,!C4'#!'#(!2%,2(%'ER!
+Z 0+23!+!)-'*!%U!+))!-&*3&E3E!('3'!k!+91-5()*(13G!+N-5()*(13G!+&-H+)!6('@+&E1AG!U+1H!N1%E(5*!'+)3'G!6%H3!%55(N+*-%&'!Y6%&3AG!<%%)G!<%%E<%12-&9G!%*631!N1%E(5*'!H+E3!U1%H!*63!U+1H3E!13'%(153'ZG!+&E!+&A!%*631!('3!A%(!H+A!+&*-5-N+*3#!
@Z d6%!<-))!)-;3!%&!*63!N1%N31*At!$%&'-E31!*63!&(H@31!%U!N3%N)3G!*63-1!13)+*-%&'6-N!*%!%&3!+&%*631G!+&E!<6313!*63A!<-))!)-;3#!R'!*63!-&*3&*-%&!*%!6+;3!'3N+1+*3!6%('36%)E't!B!53&*1+)!)-;-&9!'N+53!<-*6!@(&26%('3'G!5%**+93'G!%1!E%1H-*%1-3't!D%H3!5%H@-&+*-%&!%U!*63!+@%;3t!
@8 K%(!'#(%(!,C)(%6#42!,%!'4'1(!&,)6'%$4)'6!,)!C#$'!G!&$)!*,!C4'#!'#(!2%,2(%'ER!
+Z J%!+!*-*)3!'3+156!-&!*63!8+&E!X-*)3!:UU-53F!!
-Z d6%!%<&'!*63!N1%N31*At!B13!+))!N+1*-3'!<-*6!+&!%<&31'6-N!-&*313'*!-&!+9133H3&*!139+1E-&9!*63!N1%N%'3E!('3t!RU!&%*G!A%(!H+A!&33E!*%!<%12!<-*6!*63!%*631!%<&31'!*%!13+56!+&!+9133H3&*G!%1!3VN)%13!*63!N%''-@-)-*A!%U!N(156+'-&9!*63-1!-&*313'*!U1%H!*63H#!
--Z B13!*6313!5%;3&+&*'G!3+'3H3&*'G!'*+*(*%1A!1-96*'!%U!<+AG!)-3&'G!H%1*9+93'G!%1!%*631!r3&5(H@1+&53's!%&!*63!N1%N31*A!*6+*!<%()E!N13;3&*!A%(!U1%H!U133)A!('-&9!-*t!RU!'%G!A%(!<-))!&33E!*%!13'3+156!*63!&353''+1A!13^(-13H3&*'!*%!6+;3!*63!3&5(H@1+&53'!13H%;3EG!%1!*%!<%12!<-*6-&!*63-1!5%&'*1+-&*'#!
H8 /,!'#(!9,)4)5!FE1$C!$)*!3++4&4$1!",--7)4'E!P1$)!$11,C!'#(!76(!GS-!&,)64*(%4)5R!
+Z ?-&E!%(*!<6+*![%&3!A%(1!N1%N31*A!-'!-&G!+&E!<6+*!-'!+&E!-'!&%*!+))%<3E#!RU!A%(1!N)+&&3E!('3!-'!&%*!5(113&*)A!+))%<3EG!*+)2!*%!A%(1!)%5+)!9%;31&H3&*!+@%(*![%&-&9!;+1-+&53'!%1!13[%&-&9!+NN)-5+*-%&'#!
The Smart Farm Project!:!BIIMQJRS!
LEGAL OVERVIEW !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 47/124
!
@Z ?-&E!%(*!<63*631!*6313!-'!+&!%UU-5-+)!5%HH(&-*A!N)+&G!+&E!<63*631!*63!('3!A%(!-&*3&E!-'!5%HN+*-@)3!<-*6!-*#!
5Z ?-&E!%(*!<63*631!*63!N1%N31*A!k!%1!N+1*!%U!-*!k!-'!)%5+*3E!<-*6-&!+!E3;3)%NH3&*!N31H-*!+13+G!<6-56!<%()E!13^(-13!A%(!*%!+NN)A!U%1!+!E3;3)%NH3&*!N31H-*!@3U%13!N(**-&9!A%(1!N)+&!-&*%!+5*-%&#!!
J8 /,!G!C$)'!',!C,%T!4)*(2()*()'1EU!,%!V,4)!',5('#(%!C4'#!,'#(%6!4)!-E!&,--7)4'ER!
+Z RU!*6313!<-))!@3!H()*-N)3!U+1H31'!)-;-&9!+&E!<%12-&9!%&!*63!N1%N31*AG!5%&'-E31!<63*631!+!N+1*&31'6-NG!+!5%%N31+*-;3G!+!'*1+*+!%1!+!5%1N%1+*-%&!<%()E!@3!+NN1%N1-+*3!U%1!H+&+9-&9!+&E!%N31+*-&9!*63!U+1H#!
@Z ?%1H-&9!+!5%%N31+*-;3!%1!+!'%5-3*A!5+&!@1-&9!U+1H31'!-&!+!5%HH(&-*A!*%93*631!*%!N%%)!13'%(153'G!@3**31!5%%1E-&+*3!'+)3'!+&E!+EH-&-'*1+*-%&G!+&E!-&513+'3!+553''!*%!)%+&'!+&E!91+&*'#!
5Z W%<3;31G!513+*-&9!'(56!+&!%19+&-[+*-%&!5%'*'!*-H3!+&E!H%&3AG!+&E!H+A!-&-*-+))A!5%HN)-5+*3!U+1H!%N31+*-%&'#!d3-96!*63!N1%'!+&E!5%&'!%U!3+56!%N*-%&!5+13U())A#!
M8 W,C!C411!G!-$T(!,%!%$46(!-,)(E!',!5('!6'$%'(*R!
+Z DH+))!@('-&3''!U(&E-&9!-&!*63!U%1H!%U!91+&*'!%1!)%+&'!H+A!@3!+;+-)+@)3#!
@Z ?(&E-&9!'N35-U-5!*%!&%&TN1%U-*'!+&E!5%%N31+*-;3'!-'!+)'%!+;+-)+@)3#!!
5Z $%&'-E31!$%HH(&-*A!D6+13E!B91-5()*(13!H%E3)'G!*61%(96!<6-56!A%(!H+A!@3!+@)3!*%!'35(13!+EE-*-%&+)!'*+1*!(N!U(&E-&9#!!
EZ B!5%%N31+*-;3!%1!+!'%5-3*A!H+A!56+193!H3H@31'6-N!U33'!+&E!+553N*!5%&*1-@(*-%&'!U1%H!E%&%1'!%1!H3H@31'#!
X8 K%(!'#(%(!%(6,7%&(6!'#$'!&$)!$6646'!-(R!
+Z 43U31!*%!*63!13)3;+&*!'35*-%&'!%U!*63!839+)!43N%1*!U%1!+EE-*-%&+)!13'%(153'!%&!@('-&3''!'*1(5*(13G!%<&31'6-N!H%E3)'G![%&-&9G!13;3&(3!'%(153'G!+&E!3V+HN)3'!%U!5%HH(&-*A!U+1H'#!
@Z $%&'-E31!5%&*+5*-&9!+&!3V-'*-&9!U+1H!*1('*!%1!'%5-3*AG!N1%U3''-%&+)'!-&!*63!+91-5()*(1+)G!+156-*35*(1+)G!N)+&&-&9G!+&E!)39+)!U-3)E'#!!
5Z J-'5(''!A%(1!N)+&'!+&E!A%(1!9%+)'!<-*6!A%(1!)%5+)!9%;31&H3&*!'*+UU!H3H@31'!+&E!3)35*3E!%UU-5-+)'G!+'2-&9!U%1!*63-1!N%'-*-%&!+&E!+''-'*+&53#!
('-!%')#%!P'3&-*/&*"+!>8 Q#$'!T4)*!,+!$5%4&71'7%(!*,!C(!C$)'!',!6722,%'!4)!,7%!&,--7)4'ER!
+Z J-'5(''!<63*631!-&513+'-&9!+91-5()*(1+)!+5*-;-*A!-'!%1!'6%()E!@3!+!N1-%1-*A!U%1!A%(1!5%HH(&-*A#!$%&'-E31!<6+*!'5+)3!+&E!*AN3!%U!+91-5()*(13!<%()E!@3!H%'*!+NN1%N1-+*3!U%1!*63!5%HH(&-*AG!9-;-&9!*6%(96*!*%!*63!93%91+N6AG!N%N()+*-%&G!N%N()+*-%&!E3&'-*AG!E3H%91+N6-5!N1%U-)3!+&E!5%HH315-+)!)-;3)-6%%E!%U!*63!5%HH(&-*A#!
The Smart Farm Project!:!BIIMQJRS!
LEGAL OVERVIEW !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 48/124
!
@Z RU!A%(!+13!+*!+))!-&*313'*3E!-&!-&513+'-&9!'H+))T'5+)3!)%5+)!+91-5()*(13!<-*6!913+*31!13'-E3&*-+)!E3&'-*AG!5%&'-E31!*63!U%))%<-&9!^(3'*-%&'#!
@8 Q#$'!4)'(%(6'!46!'#(%(!+%,-!'#(!&,--7)4'E!4)!&#$)54)5!,%!()#$)&4)5!1,&$1!$5%4&71'7%(R!
+Z B''3''!5%HH(&-*A!-&*313'*!-&!-&513+'-&9!%1!U%'*31-&9!)%5+)!+91-5()*(13#!d%12-&9!<-*6!)%5+)!U+1H31'!*%!N)+&!U%1!56+&93!+&E!E3;3)%NH3&*!5+&!@3!H(*(+))A!@3&3U-5-+)#!
@Z RU!*6313!-'!)-**)3!-&*313'*G!5%&'-E31!<63*631!*6-'!-'!@35+('3!*63!H%E3)!-*'3)U!-'!&%*!<3))!'(-*3E!*%!*63!5%HH(&-*AG!%1!'-HN)A!E(3!*%!+!)+52!%U!2&%<)3E93!+@%(*!*63!N%''-@-)-*A#!
H8 Q#$'!-(&#$)46-6!$1%($*E!(=46'!4)!,7%!OE1$C6!$)*!3"P!',!6722,%'!'#$'!$5%4&71'7%(R!
+Z 43;-3<!A%(1![%&-&9!@A)+<!+&E!:$I!U%1!)+&9(+93!*6+*!+)13+EA!'(NN%1*'!*63!+91-5()*(1+)!H%E3)!A%(!<-'6!*%!'(NN%1*#!$%&'-E31!'*13&9*63&-&9!%1!5)+1-UA-&9!*63!)+&9(+93!<6313!+NN1%N1-+*3G!%1!3V*3&E-&9!H%13!N31H-''-;3![%&3'!*%!3&6+&53!E3'-13E!+91-5()*(13#!
J8 /,!C(!#$0(!()$&'-()'6!4)!21$&(!'#$'!2%(0()'!,%!14-4'!'#$'!$5%4&71'7%(R!
M8 d63&!13;-3<-&9!*63![%&-&9!@A)+<!+&E!:$IG!5%&'-E31!<63*631!*63!)+&9(+93!3V53''-;3)A!)-H-*'!K%(!(1(&'(*!,++4&4$16!,%!&,--7)4'E!-(-O(%6!%(646'$)'!',!'#(!4*($!,+!6-$11Y6&$1(!$5%4&71'7%(!C4'#!4)&%($6(*!%(64*()'4$1!*()64'ER!G+!6,U!C#ER!
+Z X63!5%&531&!*6+*!-&513+'3E!+91-5()*(13!<-))!13'()*!-&!N%))(*-%&!%1!&(-'+&53v!
@Z X63!5%&531&!*6+*!-&513+'3E!13'-E3&*-+)!E3&'-*A!%&!U+1H-&9!N+153)'!<-))!513+*3!(&+553N*+@)3!'+U3*A!%1!'+&-*+*-%&!1-'2'v!
5Z X63!5%&531&!*6+*!'H+))T'5+)3!U+1H-&9!<-*6!-&513+'3E!13'-E3&*-+)!E3&'-*A!H+A!+**1+5*!(&E3'-1+@)3!3)3H3&*'!%1!+5*-;-*-3'v!
EZ X63!5%&531&!*6+*!-&513+'3E!+91-5()*(13!<-))!&%*!@3!35%&%H-5+))A!@3&3U-5-+)!*%!*63!5%HH(&-*Av!%1!
3Z X63!5%&531&!*6+*!-&513+'3E!+91-5()*(13!<-))!&39+*-;3)A!+)*31!*63!5()*(13!%1!56+1+5*31!%U!*63!5%HH(&-*A#!
X8 W,C!&$)!C(!6722,%'!6-$11Y6&$1(!1,&$1!$5%4&71'7%(!C#41(!2%,'(&'4)5!'#(!&,--7)4'ES6!4)'(%(6'6U!#($1'#U!$)*!6$+('ER!
+Z M&9+93!-&!-&U%1H+*-%&!'6+1-&9!<-*6!5%HH(&-*A!H3H@31'G!*61%(96!5%&'()*+*-%&!+&E!%*631!N(@)-5!-&;%);3H3&*#!
@Z $%&'()*!<-*6!13)3;+&*!N1%U3''-%&+)'!139+1E-&9!*63!+553N*+@)3!63+)*6G!'+U3*A!+&E!@(-)E-&9!'*+&E+1E'!U%1!'H+))T'5+)3!U+1H'!<-*6!-&513+'3E!13'-E3&*-+)!E3&'-*AG!+&E!'6+13!*63!13'()*'!%U!*63!5%&'()*+*-%&!<-*6!*63!5%HH(&-*A#!
5Z $%&'-E31!-HN%'-&9!5%&E-*-%&'!13^(-1-&9!N1%U3''-%&+)!+156-*35*'G!3&9-&331'G!+&E!+91%)%9-'*'!*%!+NN1%;3!N)+&'!%1!'*1(5*(13'!%&!'H+))T'5+)3!U+1H'#!!
Z8 K%(!'#(%(!,'#(%!%(6,7%&(6!'#$'!&$)!$6646'!76R!
+Z 43U31!*%!*63!13'%(153'!'3*!%(*!-&!*63!13)3;+&*!N%1*-%&'!%U!*63!839+)!43N%1*#!
The Smart Farm Project!:!BIIMQJRS!
LEGAL OVERVIEW !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 49/124
!
@Z 43;-3<!X63!8+&E!$%&'31;+&5Af'!8%5+)!]%;31&H3&*!X%%)2-*!U%1!D('*+-&+@)3!?%%E!I1%E(5*-%&G!+;+-)+@)3!%&)-&3!+*!6**NF\\<<<#5%HH(&-*AU+1H'#5+\IJ?'e8-&23EJ%5(H3&*'\*%%)2-*nU-&+)#NEU!
OTHER REGULATORY CONSIDERATIONS X6-'! 13N%1*! -'! &%*! 3V6+('*-;3#! D3;31+)! %*631! )39+)! +&E! 139()+*%1A! 5%&'-E31+*-%&'! +1-'3! -&! +! 'H+))T'5+)3!
U+1H-&9!;3&*(13G!<6-56!13^(-13!H%13!5%&'-E31+*-%&!*6+&!-'!'3*!%(*!-&!*6-'!13N%1*#!D%H3!3V+HN)3'!+13F!
• ,$!B''3''H3&*!k!-*!-'!<%1*6!&%*-&9!*6+*!3;3&!-U!*63![%&-&9!-'!1(1+)!13'-E3&*-+)G!%1!&%*!'N35-U-5+))A!+91-5()*(1+)G!+!U+1H!'%5-3*A!H+A!@3!+@)3!*%!93*!+!U+;%(1+@)3!E3*31H-&+*-%&!U1%H!,$!B''3''H3&*G!+))%<-&9!-*!*%!N+A!*+V3'!+*!*63!+91-5()*(1+)!1+*3#!D33G!U%1!3V+HN)3G!*63!W3+*631!W-))'!+91-5()*(1+)!E3'-9&+*-%&v>=!
• X63!&33E!*%!@3!+<+13!%U!+))!+NN)-5+@)3!@(-)E-&9!@A)+<'!+&E!*63!,$!,(-)E-&9!$%E3v!
• X63!56BC*16$("!0"&(=&+=,!I."v!
• X63!%$,'=$("'&C!R$(&(.1!I."v!
• X63!^(.*6$!R&N!I."v!+&E!!
• B&A!%*631!139()+*-%&'!%1!3&+5*H3&*'!'N35-U-5!*%!*63!+5*-;-*A!@3-&9!5+11-3E!%(*!%&!*63!N1%N31*A#!
!
! !
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!Z8!N5($,5#@!V22,226,.#!V$$,-+!=(-57!V$$,-+!h(0!YXWW3W83XXXXZ!O,'*2*(.?!(.+*.,!-#!"##$%&&MMM0-22,226,.#-$$,-+0B'0'-&O,'*2*(.2&O41++&7,'PYXWW3W83XXXXZPYXWWXH<R0-2$!!
The Smart Farm Project!:!BIIMQJRS!
LEGAL OVERVIEW !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 50/124
!
! !
The Smart Farm Project!!!!!!!!!!!!!!!!! FEASIBILITY ANALYSIS $H!D$:XX!W_]WMD!
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 51/124
!
(&#+0$0%0"L!'3&-30&1!,A!D$:XX!W_]WMD!
X63!;-+@-)-*A!%U!*63!DH+1*!?+1H!H%E3)!6+'!@33&!+''3''3E!%&!*63!@+'-'!%U!U(&E+H3&*+)!35%&%H-5'!*%!
E3*31H-&3!<63*631!*63!;+1-%('!U%1H'!%U!3'*+@)-'6-&9!+!U+1H!+&E!*63!;+1-%('!%N31+*-%&+)!56+1+5*31-'*-5'!
+13!()*-H+*3)A!)-23)A!*%!@3!'('*+-&+@)3!%;31!*-H3#!!B!13;-3<!%U!N%*3&*-+)!U(&E-&9!'%(153'!6+'!+)'%!@33&!
5%&E(5*3E!*%!-E3&*-UA!N%''-@)3!U-&+&5-+)!'(NN%1*!*%!*63!)+(&56!+&E!%N31+*-%&!%U!*63!DH+1*!?+1H!H%E3)#!!
B&!-&E-;-E(+)!U3+'-@-)-*A!+''3''H3&*!<+'!E%&3!%&!3+56!%U!*63!U%(1!E-UU313&*!U+1H!3V+HN)3'!*%!@3**31!
(&E31'*+&E!*63!23A!U(&5*-%&+)!+**1-@(*3'!%U!3+56!+&E!5%HH3&*+1A!+&E!5%HN+1+*-;3!5%&'-E31+*-%&'!+13!
-&5)(E3E#!
CASH FLOW MODEL TEMPLATE X63!+NN1%+56!*+23&!<+'!*%!E3;3)%N!+!U-&+&5-+)!5+'6!U)%<!H%E3)!<6-56!5%()E!-&5%1N%1+*3!*63!E-'5133*!
+5*-;-*-3'!*+2-&9!N)+53!%&!3+56!U+1HG!N1%;-E-&9!'(UU-5-3&*!E3*+-)!*%!(&E31'*+&E!+&E!+''3''!-&E-;-E(+)!
5%HN%&3&*'!%U!U+1H-&9!%1!%*631!+5*-;-*-3'!<6-)3!+*!*63!'+H3!*-H3!+99139+*-&9!-&U%1H+*-%&!-&*%!+!U()'%H3!
N-5*(13!%U!%;31+))!U+1H!5+'6!U)%<#!!B5*-;-*-3'!6+;3!@33&!5)('*313E!+55%1E-&9!*%!*63-1!13;3&(3!+&E!5%'*!
56+1+5*31-'*-5'!<-*6!3)3H3&*'!'(56!+'!91%<-&9!;+1-%('!E-UU313&*!+&&(+)!+91-5()*(1+)!51%N'!5)('*313E!
*%93*631!@(*!'3N+1+*3E!U1%H!*63!N1%E(5*-%&!%U!+&-H+)!@+'3E!N1%E(5*'!'(56!+'!5633'3G!H-)2!+&E!399'#!!
X63!+&&(+)!5A5)3'!+13!^(-*3!E-UU313&*!+&E!*63!*-H-&9!+&E!&+*(13!%U!13;3&(3'!+&E!5%'*'!+)'%!E-UU31#!!
?(1*631G!%*631!(&13)+*3E!+5*-;-*-3'!'(56!+'!13&*+)!%U!U+5-)-*-3'!*%!*6-1E!N+1*-3'!%1!5%&E(5*-&9!3E(5+*-%&+)!%1!
+1*-'*-5!N1%91+HH-&9!Y%&!%1!%UU!'-*3Z!+13!+)'%!'39139+*3E!'%!*6+*!<3!5+&!@3**31!(&E31'*+&E!*63!
H+9&-*(E3!%U!-&U)(3&53!%U!3+56!3)3H3&*!%55(11-&9!+*!*63!U+1H#!
X63!5+'6!U)%<!H%E3)!-&5)(E3E!<-*6!*6-'!9(-E3!*63&!*+23'!*63!Q3*!$%&*1-@(*-%&!U1%H!:N31+*-&9!+5*-;-*-3'!
+*!*63!U+1H!+&E!)+A31'!*63!5+N-*+)!3VN3&E-*(13'!+&E!U(&E-&9!5%HN%&3&*'G!<6-56!<-))!%55(1!+*!;+1-%('!
N%-&*'!%;31!*63!)-U3!%U!*63!U+1H#!!X6-'!-&5)(E3'!*63!E3;3)%NH3&*!+&E!5%&'*1(5*-%&!%U!13'-E3&*-+)!(&-*'G!
<6-56!+13!N)+&&3E!U%1!3+56!%U!*63!'-*3'#!!X63!'N35-U-5!*-H-&9!%U!-&E-;-E(+)!5+'6!U)%<!-*3H'!Y3-*631!5+'6!-&!
%1!5+'6!%(*Z!-'!-HN%1*+&*!+&E!*6313!-'!*63!&33E!*%!3'*+@)-'6!+NN1%N1-+*3!'6%1*!*31H!U(&E-&9!<63&!+!9+N!
+NN3+1'#!!X63!N1%91+H!%U!@%11%<-&9!+&E!13N+A-&9!)%+&'!U%1!3+56!U+1H!6+'!@33&!E3;3)%N3E!*%!3&'(13!
N%'-*-;3!5+'6!@+)+&53!-&!3+56!A3+1!+&E!@+)+&53E!-&U)%<'\%(*U)%<'!%;31!*-H3#!!!X63!+99139+*3!-HN+5*!%U!
@%*6!%N31+*-&9!+&E!U-&+&5-&9!+5*-;-*-3'!-'!*+))-3E!+*!*63!@%**%H!%U!*63!5+'6!U)%<!H%E3)!U%1!N)+&&-&9!
N(1N%'3'!+&E!*%!-&E-5+*3!N%*3&*-+)!U%1!)%&9!*31H!'('*+-&+@-)-*A!%;31!+!=!A3+1!N31-%E!%U!U%135+'*-&9#!
X63!5+'6!U)%<!*3HN)+*3!-'!-&5)(E3E!+'!+!'*+1*-&9!N%-&*!U%1!+&A%&3!'*+1*-&9!*%!5%&'-E31!*63!N%*3&*-+)!U%1!+!
DH+1*!?+1H!H%E3)#!!B!E3H%&'*1+*-%&!%U!-*'!('3!-'!5%&*+-&3E!-&!*63!U%(1!U+1H!3V+HN)3'G!<6-56!+13!*63!
'(@b35*!%U!*6-'!9(-E3#!!R&E-;-E(+)!5%HH3&*+1A!*%!+55%HN+&A!*63!U+1H!5+'6!U)%<!<%12'633*!-&!3+56!5+'3!-'!
-&5)(E3E!)+*31!-&!*6-'!'35*-%&#!
!
!
The Smart Farm Project!:!BIIMQJRS!
FEASIBILITY ANALYSIS !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 52/124
!
CAPITAL FUNDING OPTIONS X63!DH+1*!?+1H!5+'6! U)%<!H%E3)! -&5)(E3'!'3;31+)!E-UU313&*! U%1H'!%U!5+N-*+)!<6-56!H+A!@3!+553''3E! -&!
U(&E-&9!*63!N(156+'3G!E3;3)%NH3&*G!U+5-)-*-3'!+&E!%N31+*-%&'!%U!*63!U+1H#!!!Q%*!+))!U%1H'!%U!5+N-*+)!H+A!
@3!+;+-)+@)3!*%!+))!%U! *63! U+1H!%<&31'6-N!'*1(5*(13'#! !B)'%G! *6313!+13!%*631!'N35-U-5! *AN3'!%U!5+N-*+)G!%1!
;+1-+*-%&'G! <6-56! 6+;3! &%*! -&5)(E3E! -&! *63! H%E3)! '53&+1-%'! N13'3&*3E#! ! X63! U-&+)! 5%H@-&+*-%&! %U!
+NN1%N1-+*3!U(&E-&9!'%(153'!+&E!H356+&-'H'!<-))!&33E!*%!@3!E3*31H-&3E!+*!*63!-&E-;-E(+)!U+1H!)3;3)#!
$+N-*+)! 5+&! @3! '%(153E! U%1! 3-*631! *63! (NU1%&*! 5%'*'! %U! U+1H! )+(&56\+5^(-'-*-%&! %1! *%! '(NN%1*! %&9%-&9!
%N31+*-%&'!%U!*63!DH+1*!?+1H#! ! R*!5+&!5%H3!-&!*63!U%1H!%U!3^(-*A!5%&*1-@(*-%&'G! )%+&'!%1!E3@*!%U!'%H3!
2-&EG!%1!9-U*3E!+'!+!91+&*!%1!56+1-*+@)3!E%&+*-%&#!!X63!E-;31'-*A!%U!%N*-%&'!-'!E-'5(''3E!-&!913+*31!E3*+-)!-&!
*63!'35*-%&'!<6-56!U%))%<#!
EQUITY R&!N1-;+*3!3&*31N1-'3G!*63!-&-*-+)!'%(153!%U!5+N-*+)!93&31+))A!5%H3'!-&!*63!U%1H!%U!3^(-*A!<6-56!N1%;-E3'!
%<&31'6-N!1-96*'!+&E!@3+1'!*63!1-'2!+&E!13<+1E!%U!)%&9!*31H!'(553''#!!X6313!-'!+&!+&*-5-N+*3E!13*(1&!%&!
+&!3^(-*A!-&;3'*H3&*G!@(*!&%*!+!13^(-13E!%1!139()+1!5%HH-*H3&*#!!R&!*63!'-*(+*-%&!%U!+!DH+1*!?+1HG!*63!
H%&3A!*%!N(156+'3!*63!U+1H!%1!*%!-&;3'*!-&!3^(-NH3&*!%1!3VN+&E3E!%N31+*-%&'!<-))!('(+))A!5%H3!U1%H!
N31'%&+)!'+;-&9'!%1!%*631!U-&+&5-+)!13'%(153'!%U!*63!U+1H!%<&31#!!:U*3&!U1-3&E'!+&E!U+H-)A!H3H@31'!<-))!
b%-&!-&!5%&*1-@(*-&9!3^(-*A!*%!+(9H3&*!U(&E'!+;+-)+@)3!-&!'(NN%1*!%U!'%H3%&3!*63A!2&%<!<3))#!
R*!-'!(&)-23)A!*6+*!+!'H+))!U+1H-&9!%N31+*-%&!'(56!+'!*63!DH+1*!?+1H!H%E3)!<%()E!6+;3!'(553''!-&!
+**1+5*-&9!%*631!+1H'T)3&9*6!3^(-*A!-&;3'*%1'!+'!*63!N1-H+1A!9%+)!-'!&%*!*%!H+V-H-[3!N1%U-*G!@(*!*%!513+*3!
'('*+-&+@)3!U+1H-&9!%N31+*-%&'!*%!'(NN%1*!*63!13'-E3&*!U+H-)-3'#!!X6313U%13G!3^(-*A!-'!)-H-*3E!-&!*6-'!5+'3!
+'!+!'%(153!%U!U(&E-&9!*%!*63!13'%(153'!%U!*63!U+1H!U+H-)-3'#!!d-*6-&!*63!DH+1*!?+1H!H%E3)G!*63!
E3;3)%NH3&*!+&E!'+)3!%U!13'-E3&*-+)!6%H3'!%&!'H+))!U+1H!N1%N31*-3'!E%3'!513+*3!+!H356+&-'H!*%!
13)3+'3!*63!;+)(3!%U!U+1H!%<&31!3^(-*A!<6-56!13'*'!-&!*63!;+)(3!%U!*63!(&E31)A-&9!)+&E#!!X6-'!13)3+'3!%U!
*63!3^(-*A!;+)(3!U%1!13-&;3'*H3&*!-&!)+(&56-&9!%1!3VN+&E-&9!U+1H-&9!%N31+*-%&'!-'!+*!*63!5%13!%U!*63!
DH+1*!?+1H!H%E3)#!
J3N3&E-&9!%&!*63!U%1H!%U!U+1H!%<&31'6-N!*6313!H+A!@3!'%H3!+EE-*-%&+)!%N*-%&'!*%!'%(153!3^(-*A#!!?%1!
3V+HN)3G!+&!+91-5()*(1+)!5%%N31+*-;3!6+'!*63!+@-)-*A!*%!1+-'3!)-H-*3E!+H%(&*'!%U!3^(-*A!U1%H!-*'!H3H@31!
@+'3#!
DEBT B!13+E-)A!+553''-@)3!U%1H!%U!5+N-*+)!*%!+(9H3&*!3^(-*A!5%H3'!-&!*63!U%1H!%U!E3@*#!!X6-'!3V-'*'!-&!+!;+1-3*A!
%U!U%1H'!U1%H!+!1+&93!%U!N1%;-E31'#!!J3@*!6+'!*63!5%&;3&-3&53!%U!+;+-)+@-)-*AG!+!N13E-5*+@)3!3VN35*+*-%&!
%U!-&*313'*!1+*3!%1!13*(1&G!+&E!5+&!@3!('3E!U%1!+!'6%1*!*31H!<-*6!3+'3!%U!13N+AH3&*!+'!+!<+A!*%!@1-E93!+!
'6%1*T*31H!&33E#!!J3@*!93&31+))A!E%3'!13^(-13!3;-E3&53!%U!+!6-'*%1A!%U!3+1&-&9'!+&E!*63!N)3E93!%U!+''3*'!
+'!+!'35%&E+1A!U%1H!%U!N%*3&*-+)!13N+AH3&*#!!X63!)%<!1-'2!&+*(13!%U!E3@*!H3+&'!*63!-&*313'*!1+*3'!+13!
13)+*-;3)A!)%<!U%1!*63!('3!%U!*6-'!U%1H!%U!5+N-*+)#!!J3@*!E%3'!513+*3!+!)%&9!*31H!+&E!-&U)3V-@)3!13N+AH3&*!
%@)-9+*-%&!+&E!*6-'!5+&!<3-96!63+;-)A!%&!139()+1!3+1&-&9'!-U!*63!)3;3)!%U!E3@*!-'!*%%!6-96#!
The Smart Farm Project!:!BIIMQJRS!
FEASIBILITY ANALYSIS !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 53/124
!
d-*6-&!*63!U+1H-&9!'35*%1G!*6313!+13!+!&(H@31!%U!*+-)%13E!E3@*!N1%;-E31'!<6%!'N35-+)-[3!-&!N1%;-E-&9!
E3@*!U%1!+91-5()*(1+)!N(1N%'3'!-&!$+&+E+#!!:U*3&!E3@*!U1%H!*63'3!N1%;-E31'!6+'!56+1+5*31-'*-5'G!<6-56!
+52&%<)3E93!*63!(&-^(3!13^(-13H3&*'!%U!U+1H!%N31+*-%&'#!!!B&!3V+HN)3!-'!*63!9%;31&H3&*!)%+&!
N1%91+H!(&E31!*63!$+&+E-+&!B91-5()*(1+)!8%+&'!B5*!Y$B8BZG!<6-56!-'!+!9(+1+&*33!U%1!)%+&'!E3'-9&3E!*%!
U-&+&53!U+1H!-HN1%;3H3&*'!+&E!U(&E!*63!N1%53''-&9G!E-'*1-@(*-%&!+&E!H+123*-&9!%U!U+1H!N1%E(5*'#!!X63!
@3&3U-*'!5+&!@3!-&!*63!U%1H!%U!6-9631!)3&E-&9!N3153&*+93'G!)%<31!-&*313'*!1+*3'!%1!H%13!U)3V-@)3!
13N+AH3&*!*31H'#!
B&%*631!+91-5()*(1+)!)3&E31!-'!?+1H!$13E-*!$+&+E+!Y?$$Z#!!X6-'!+93&5A!6+'!+!<-E3!1+&93!%U!)%+&!%N*-%&'!
U%1!+91-5()*(1+)!N1%E(531'!U1%H!U-V3E!)%+&'!*%!)-&3'!%U!513E-*!U%1!;-+@)3!'6%1*!*31H!&33E'#!
GIFTS/GRANTS B!U-&+)!5%&'-E31+*-%&!-U!*6313!-'!+!5%HN%&3&*!%U!*63!U+1H!%N31+*-%&!*6+*!-'!6%('3E!-&!+!&%&TN1%U-*!%1!
56+1-*+@)3!%19+&-[+*-%&!<6-56!6+'!+!E3U-&3E!5%HH(&-*A!N(1N%'3!%1!H-''-%&!-'!*%!+553''!91+&*'G!H%E3)!
5+&!N%*3&*-+))A!+**1+5*!*63!-&*313'*!%U!)%5+)!5%HH(&-*A!9%;31&H3&*G!N1%;-&5-+)!+91-5()*(1+)!-&-*-+*-;3'G!
3HN)%AH3&*!'(NN%1*!56+&&3)'!%1!%*631!+)-9&3E!U(&E-&9!56+&&3)'#!!!
0%'*!5%HH%&)A!'H+))31!+H%(&*'!%U!U(&E-&9!H+A!@3!+;+-)+@)3!*%!E3;3)%N!*63!5%&53N*!%U!+!5%HH(&-*A!
U+1H!+'!%NN%'3E!*%!)+1931!5+N-*+)!5%&*1-@(*-%&'!*%!+5^(-13!U+1H!N1%N31*A#!!W%<3;31G!5%&'-E31-&9!*63!
'N35-U-5!3)3H3&*'!%U!E3'-9&-&9!+&E!'*+1*-&9!+!(&-^(3!U+1H-&9!H%E3)!+&E!*63&!13'3+156-&9!N%*3&*-+)!
U(&E31'!H+A!13'()*!-&!+!'(-*+@)3!H+*56!U%1!'%H3!)3;3)!%U!U(&E-&9!'(NN%1*#!!L3A!+13+'!<6-56!*AN-5+))A!
+**1+5*!U(&E-&9!'(NN%1*!-&5)(E3!*63!+1*'G!3E(5+*-%&G!3HN)%AH3&*!%1!'%H3!U%1H!%U!5%HH(&-*A!N%;31*A!
+))3;-+*-%&#!!X%!*63!3V*3&*!*6+*!+&A!%U!*63'3!3)3H3&*'!+13!N+1*!%U!*63!DH+1*!?+1H!%N31+*-%&!<-*6-&!+!&%&T
N1%U-*!%19+&-[+*-%&G!91+&*!U(&E-&9!-'!+!<%1*6A!1%(*3!*%!N(1'(3#!
SMART FARM EXAMPLES – FEASIBILITY ASSESSMENTS ?%135+'*!E+*+!U%1!3+56!%U!*63!U%(1!3V+HN)3!DH+1*!?+1H!H%E3)'!<+'!('3E!*%!5%HN)3*3!*63!5+'6!U)%<!
*3HN)+*3!+&E!-&U%1H!+&!+''3''H3&*!%U!*63!N%*3&*-+)!;-+@-)-*A!%U!*63!3V+HN)3#!!X%!*63!3V*3&*!N%''-@)3G!
H+123*!@+'3E!5%'*-&9!6+'!@33&!('3E!*%!U%1H!+'!13+)-'*-5!+!'53&+1-%!+'!N%''-@)3#!!M+56!3V+HN)3!U+1H!6+'!
(&-^(3!56+1+5*31-'*-5'!+&E!*63'3!6+;3!@33&!6-96)-96*3E!-&!*63!$+'3!D*(EA!&%*3'!*%!U%))%<!
Feasibility Recommendations B&+)A'-'!%U!*63!U%(1!E-;31'3!DH+1*!?+1H!'53&+1-%'!'(1U+53'!+!&(H@31!%U!23A!3)3H3&*'G!<6-56!+13!
U(&E+H3&*+)!*%!E3*31H-&-&9!)%&9T*31H!'(553''!+&E!+13!5%HH%&!*%!+))!%U!*63!'53&+1-%'#!!X63!U%))%<-&9!
135%HH3&E+*-%&'!+13!H+E3!*%!9(-E3!+!13+'%&+@)3!+NN1%+56!*%!+''3''-&9!*63!;-+@-)-*A!%U!+!'-H-)+1!U+1H!
%N31+*-%&F!
"# M&'(13!+!'*1%&9!(&E31'*+&E-&9!%U!(&E31)A-&9!51%N!N1%E(5*-%&!13;3&(3'!+&E!3VN3&'3'!+&E!@3!
5%&U-E3&*!+@%(*!*63!)%&9!*31H!;-+@-)-*A!%U!*63!5%13!U+1H-&9!%N31+*-%&!
/# B&*-5-N+*3!'3+'%&'!%U!N%%1!N1%E(5*-%&!+&E\%1!51%N!)%''!+&E!513+*3!'(UU-5-3&*!13'31;3'!%1!r<-99)3!
1%%Hs!-&!*63!+&+)A'-'!*%!+55%HH%E+*3!
The Smart Farm Project!:!BIIMQJRS!FEASIBILITY ANALYSIS !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 54/124
!
.# ,3!1-9%1%('!-&!3;+)(+*-&9!*63!13'-E3&*-+)!E3;3)%NH3&*!%NN%1*(&-*A!*%!3&'(13!-*!<-))!N1%;-E3!
'(UU-5-3&*!5+N-*+)!*%!3'*+@)-'6!+!)%&9!*31HG!'3)UT'('*+-&-&9!U+1H-&9!%N31+*-%&!
># 435%9&-[3!+&E!@3!5%HU%1*+@)3!<-*6!*63!N31H+&3&53!%U!'3))-&9!+!N%1*-%&!%U!*63!N1%N31*A!*%!%*631!
6%H3!%<&31'!
=# $%&'-E31!@(-)E-&9!-&*%!*63!DH+1*!?+1H!H%E3)!'%H3!13)+*3E!5%;3&+&*'!%&!*63!N1%N31*A!<6-56!
N1%*35*!*63!-&*3&*-%&'!+1%(&E!U+1H-&9!*63!)+&E!+&E!H+-&*+-&-&9!+UU%1E+@)3!6%H3!%<&31'6-N!
!
The Smart Farm Project!:!BIIMQJRS!FEASIBILITY ANALYSIS !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 55/124
!
!
The Smart Farm Project !CASE STUDY # 1
STORVOLD RD, LANGDALE !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 56/124
!
Farm Plan
+0"&!M&+)-0,"0'*!B!13)+*-;3)A!)%&9!+&E!&+11%<!135*+&9()+1T'6+N3E!N1%N31*AG!+NN1%V-H+*3)A!=#=!+513'G![%&-&9!4_"!-&!
M)35*%1+)!B13+!?#!X63!'-*3!')%N3'!93&*)A!U1%H!d3'*!*%!M+'*!+&E!*63&!*63!')%N3!-&513+'3'!'6+1N)A!E%<&!*%!
D*%1;%)E!4E!+*!*63!U1%&*!%U!*63!N1%N31*A!Y3+'*31&!@%(&E+1AZ#!D%-)'!+NN3+1!*%!@3!-&!9%%E!*%!H%E31+*3!
5+N+@-)-*A!U%1!+91-5()*(13#!D%H3!'*%&-&3''!-'!3VN35*3E#!X63!13+1!*6-1E!%U!*63!N1%N31*A!-'!*133EG!*63!H-EE)3!
*6-1E!-'!5)3+13E!<-*6!'3;31+)!@(-)E-&9'!-&5)(E-&9!*63!H+-&!6%H3#!X63!U1%&*!*6-1E!%U!*63!N1%N31*A!-'!
;393*+*3E!+&E!*133E!<-*6!E1-;3<+A'!+&E!*63!3&*1+&53<+A#!Q+*(1+)!'*13+H'!+&E!51332'!3V-'*!*61%(96%(*!
*63!N1%N31*AG!&%*+@)A!+*!*63!*133E!13+1!+&E!+)%&9!*63!&%1*631&!@%(&E+1A#!
X63!;-'-%&!U%1!*6-'!U+1H!N)+&!-&5)(E3E!E3;3)%N-&9!+!;+)(3T+EE3E!N1%E(5*!*6+*!+13!&%*!<-E3)A!+;+-)+@)3!%&!
*63!D(&'6-&3!$%+'*#!X6-'!<%()E!+))%<!U%1!+!913+*31!)3;3)!%U!13;3&(3!*%!@3!93&31+*3E!%&!*63!'-*3#!B!9%+*!
5633'3!@('-&3''!H%E3)G!'(NN%1*3E!@A!H-V3E!;393*+@)3!+&E!@311A!51%N'G!<+'!56%'3&#!
)-',!#*M!%03&+"')S!,%#*!• 0-V3E!;393*+@)3'G!@311-3'G!U1(-*!*133'!Y+NN1%V-H+*3)A!C#.!+513'!*%*+)ZG!+&E!=C!)+A-&9!63&'!U%1!U+1H!
9+*3!'+)3'!+&E!$%HH(&-*A!D(NN%1*3E!B91-5()*(13!Y$DBZ!@%V3'!• I%))-&+*%1'!Y6%&3A!@33'Z!<-))!@3!-&5)(E3E#!• ]%+*!631E!Y/C!9%+*'Z!+&E!9%+*!5633'3!H+2-&9!U+5-)-*-3'#!X63!9%+*'!<%()E!@3!N+'*(13E!+*!*63!U1%&*!
%U!*63!N1%N31*A!+&E!<%()E!('3!H(56!%U!*63!N1%N31*A!U%1!-&*31H-**3&*!91+[-&9#!X63!9%+*!5633'3!N1%53''!<%()E!-&;%);3!N+'*3(1-[+*-%&!+&E!+9-&9#!I1%N31!N31H-**-&9!+&E!U%%E!'+U3*A!)-53&'-&9!<-))!@3!U%))%<3E#!D+)3'!<-))!H+-&)A!@3!E-135*!H+123*!YU+1H!9+*3!+&E!U+1H31'!H+123*Z!<-*6!'(1N)('!@3-&9!'%)E!+*!)%5+)!'N35-+)*A!91%531A!'*%13'!
"69!A;4D!E<;>!7?!5=DE47?9@!=A![!,6;?9?V!
• I6+'3!"F!0-V3E!;393*+@)3'G!@311-3'G!U1(-*!*133'G!+&E!+NN1%V-H+*3)A!=C!)+A-&9!63&'!U%1!U+1H!9+*3!'+)3'!+&E!$%HH(&-*A!D(NN%1*3E!B91-5()*(13!Y$DBZ!@%V3'!
• I6+'3!/F!]%+*!631E!Y/C!9%+*'Z!+&E!9%+*!5633'3!H+2-&9!U+5-)-*-3'!
#++O/,"0'*+!• X63'3!3'*-H+*3'!+13!H3+&*!*%!N1%;-E3!+&!%;31+))!N-5*(13!%U!N%*3&*-+)!13;3&(3!%&)A#!• B''(H3'!*6+*!@)(3@311-3'G!U1(-*\&(*!*133'G!+&E!6%&3A!H+A!13^(-13!H%13!*-H3!@3U%13!13;3&(3'!
+13!N%''-@)3!Y*6313U%13!*63A!+13!&%*!-&5)(E3E!-&!A3+1!"!5+)5()+*-%&'Z#!• $%'*'!E%!&%*!-&5)(E3!N(156+'3!%U!)-;3'*%52!Y9%+*'G!56-523&'Z#!!• W-96!)3;3)!%U!6%1*-5()*(1+)!*1+-&-&9!+&E!'2-))'!<-))!@3!13^(-13E!*%!3&'(13!6-96!^(+)-*A!+&E!6-96!
A-3)E#!• ]%%E!'-*3!'3)35*-%&!+&E!N13N+1+*-%&!-'!&353''+1A#!• D*1%&9!H+123*-&9!'2-))'!<-))!@3!13^(-13E#!• X63!5+)5()+*-%&'!+13!6-96!)3;3)!+&E!<-))!13^(-13!U(1*631!+&+)A'-'!+*!*63!*-H3!%U!U+1H!E3;3)%NH3&*!
*%!3&'(13!+55(1+5A#!!
The Smart Farm Project!:!BIIMQJRS!
CASE STUDY # 1 !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 57/124
!
• $+N-*+)!-&;3'*H3&*'!5+N*(13!%&3T*-H3!5%'*'!+&E!E%!&%*!-&5)(E3!%&9%-&9!H+-&*3&+&53!+&E\%1!)+@%(1!3VN3&'3'#!
• MVN3&'3'!+&E!13;3&(3'!U1%H!N%*3&*-+)!9%+*!5633'3!H+2-&9!<-))!13^(-13!+!H%13!-&TE3N*6!@('-&3''!N)+&!@(*!1%(96!3'*-H+*3'!%U!'*+1*T(N!5%'*'!+&E!139()+*%1A!13^(-13H3&*'!+13!5+N*(13E!6313#!
!!!!!!!!!!!!!!!!!!!!!!!!!
,%'"!%#$&%!
+0Y&!g/[i! +0Y&!g#)-&+i!
)-',!',"0'*+! %03&+"')S!!',"0'*+!
(&*)0*P!-&cO0-&/&*"+!
Z! ./C! C#CO! 4%%*!;393*+@)3'G!)3+UA!9133&'G!631@'G!9+1)-5! Q\B! M)35*1-5!
[! /CC! C#C=! 4%%*!;393*+@)3'G!)3+UA!9133&'G!631@'G!9+1)-5! Q\B! M)35*1-5!
]! "/O! C#C.! Q\B! $6-523&'!Y399'Z!!k!H%@-)3!91+[-&9!
M)35*1-5!
^! P=!H!5-15!e!!7O!H!5-15!
! ,)(3@311A!@('63'! Q\B! M)35*1-5!
_! ==C! C#">! Q\B! ]%+*'! M)35*1-5!
`! ==C! C#">! 4+'N@311-3'!+&E!'*1+<@311-3'! Q\B! M)35*1-5!
a! /G=CC! C#K/! 0('61%%H'!+&E!U%13'*!3E-@)3'! Q\B! Q%&3!
I'',!I'O+&+!Z!
\![!
"/O!V!/!I(1N)3!
135*+&9)3'!
C#C.! MV*3&'-%&!%U!91%<-&9!'3+'%&!+&E!5(5(H@31'!e!*%H+*%3'!
Q\B! Q%&3!
$&&+! I(1N)3!@%V3'! Q\B! W%&3A!+&E!N%))-&+*%1'! ! M)35*1-5!
'"I&-! 43E!5-15)3'! ! ?1(-*!+&E!&(*!*133'!! ! !
'"I&-! ,)(3!5-15)3'! ! d+*31!'%(153! ! !
The Smart Farm Project!:!BIIMQJRS!CASE STUDY # 1 !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 58/124
!
!
IWBDM!"!k!0RSMJ!gM]MXB,8MD!BQJ!,M44RMD!
I8:XD!"!e!/F!0RSMJ!gM]MXB,8MD!YM#]#!DB8BJ!]4MMQDZ!! Area (acres) 0.13
Plots 1 and 2 on legend
Yield (lbs/acre) 12,000
Assumes several planting rotations per season
Revenues %
market Yield (lbs) Price ($/lbs) Revenue
Wholesale 50% 780 $2.50 $1,950 Prices will need to be updated closer to harvest time
Direct Market 50% 780 $5.00 $3,900 Prices will need to be updated closer to harvest time
Total Gross Revenue
$5,850
Direct Expenses unit/acre unit/site Price ($/unit) Expense Planting
Site Preparation (hrs) 16 8 $15.00 $120 Seeds 5 35 $10.00 $350 Compost (yd3) 20 2.6 $55.00 $143 Planting labour (hrs) 100 10.0 $15.00 $150
Maintenance
Fuel (Tilling in L) 95 12.35 $1.40 $17 Repairs & Maintenance 0 2 $60.00 $120 Bird/animal control 20 2.6 $52.00 $135 Row covers and basic netting Weeding/watering labour (hrs) 1000 100 $15 $1,500
Harvesting
Trucking (per load) 1 12 $60.00 $720 Harvesting, bagging, washing (hrs) 600 50 $12.00 $600
Total expenses
$3,855
Net Revenue
$1,995 !
!
!
!
!
!
The Smart Farm Project!:!BIIMQJRS!CASE STUDY # 1 !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 59/124
!
!
!
W::IW:_DMD!YM#]#!DdMMX!IMIIM4DZF!/!S!"/O!0/!x!/=K!0/!D^(+13!H3*13'!YH/Z!! /=K! !Y/!V!"/OZ!
! !!a-3)E!Y)@'\H/Z!T!+;31+93!! //! !!! !!! !! !!! !!-9J9>:9?!! w!H+123*! a-3)E!Y)@'Z! I1-53!Yz\)@'Z! 43;3&(3!
!d6%)3'+)3!!! /Cw! ""/K#>! z/#=C! z/GO"K!!J-135*!0+123*!! OCw! >=C=#K! z.#=C! z"=G77C!!"=8;<!F4=??!49J9>:9!! !! !!
!kZbB_b`!
!! !! !!! !!M74958!&CE9>?9?!! (&-*\+513! (&-*\'-*3! I1-53!Yz\(&-*Z! MVN3&'3!
!,<;>87>F!! !! !!! !D-*3!I13N+1+*-%&!Y61'Z! "C! >! z"=#CC! zKC!
D33E!N+52'!Y(&-*Z! >CC! >C! z.#CC! z"/C!$%HN%'*!YAE.Z! >C! "C! z=C#CC! z=CC!I)+&*-&9!Y61'Z! "/! >! z"=#CC! zKC!!! !! !!
! !!/;7>89>;>59!! !! !!! !?(3)!YX-))-&9!-&!8Z! .KC! .K! z"#>C! z=C!
43N+-1'!e!0+-&*3&+&53!Y61'Z! C! /! zKC#CC! z"/C!d+*31-&9\<33E-&9! "=C! =C! z"=#CC! z7=C!!! !! !!
! !!I;4J9?87>F!! !! !!! !X1(52-&9!YN31!)%+EZ! "/! "/! zKC#CC! z7/C!
I+52+9-&9!Y@+9'\5+1*%&'Z! >CCC! >CC! zC#=C! z/CC!W+1;3'*-&9!Y61'Z! /CCC! /CC! z"=#CC! z.GCCC!"=8;<!9CE9>?9?! !! !!
!k_B_bf!
!! !! !!! !*98!49J9>:9! !! !!!
kZ]Bff_!!
! !
The Smart Farm Project!:!BIIMQJRS!CASE STUDY # 1 !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 60/124
!
,%'"!`V!-#+,$&--0&+V!f2Z^!#)-&+! Area (acres) 0.14
Plot 6 on legend
Yield (lbs/acre) 5,500
Revenues
% market
Yield (lbs)
Price ($/lbs) Revenue
Wholesale 50% 385 $2.50 $963
Prices will need to be updated closer to harvest time
Direct Market 50% 385 $5.00 $1,925 Prices will need to be updated closer to harvest time
Total Gross Revenue
$2,888
Direct Expenses unit/acre unit/site
Price ($/unit) Expense
Planting Site Preparation (hrs) 120 10 $15.00 $150
Compost (yd3) 20 2.8 $55.00 $154
Maintenance Fuel (Tilling in L) 95 13.3 $1.40 $19
Repairs & Maintenance 10 2 $60.00 $120 Bird/animal control 20 2.8 $56.00 $157 Netting
Weeding/watering labour (hrs) 30 6 $15 $90
Harvesting Trucking (per load) 100 12 $60.00 $720
Picking (lbs)) 5500 770 $0.80 $616 Pruning/bundling/repairs 120 10 $15.00 $150 Packaging (trays) 550 77 $1.25 $96 Total expenses
$2,272
Net Revenue
$616
Yields likely will increase as plants mature, therefore revenues expected to increase over time
!
! !
The Smart Farm Project!:!BIIMQJRS!CASE STUDY # 1 !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 61/124
!
,%'"!]V!)I0)S&*+!g_f!%#L&-+i!('-!&PP!,-'MO)"0'*!$6-523&!399'!!
! ! ! !Q%*3'!
!Q(H@31!%U!56-523&'!! =C!! ! !
I)%*!.!%&!E-+91+H!!M99!N1%E(5*-%&!Y399'\56-523&\<332Z!! >!
! ! !!!
!M99!N1%E(5*-%&!YE%[3&'\<332Z!! "7!
! ! !!!
!M99'!A-3)E!YE%[3&'\A3+1Z!! OKK#7!! ! ! !!!
! ! ! !!!
!-9J9>:9?!! l!D;4N98!L79<@!g@=h9>?i! ,4759!gkT@=hi! -9J9>:9! !!
!J-135*!0+123*!! "CCw! OKK#7! z=#CC! z>G...! !!"=8;<!P4=??!-9J9>:9!!
! ! !k^B]]]! !!
!!! ! ! !
!!!M74958!&CE9>?9?!! :>78?!
!,4759!gkT:>78i! &CE9>?9! !!
$6-523&!U33E! .C! .C! z=C#CC! z"G=CC!
X6-'!5+&!@3!13E(53E!-U!56-523&'!<-))!@3!U133!1+&93!+&E!93*!H%'*!E-3*+1A!&33E'!U1%H!U%1+9-&9!
g3*31-&+1A\63+)*6! .! .! z"CC! z.CC! !!$%))35*-&9!+&E!N+52+9-&9! =/! =/! z"/#CC! zK/>! !!"=8;<!9CE9>?9?!
! ! !k[B^[^! !!
!!! ! ! !
!!*98!-9J9>:9!
! ! !kZBjfj! !!
!
,I#+&!Z!W!"'"#%!,'"&*"0#%!-&3&*O&+!gL&#-!Zi!!)4=E! *98!-9J9>:9!D+)+E!9133&'! !z"GPP=!!W%%N6%('3'! !z".GCC=!!4+'N@311-3'! !zK"K!!$6-523&!399'! !z"GPCP!!"=8;<! !kZaB_[_!!
,I#+&!Z!W!"'"#%!)#,0"#%!0*3&+"/&*"+!089D! )=?8! *=89!W%%N6%('3'! z=GCCC! :&3!-'!+)13+EA!-&!N)+53!M^(-NH3&*!Y*-))31Z! z.GCCC! $%'*!5%()E!@3!13E(53E!@A!13&*-&9!I313&&-+)!'33E'G!N)+&*'G!*133'! z"GCCC! !!DH+))!*%%)'! z"GCCC! !!?3&5-&9! zKGCCC! M)35*1-5!U3&5-&9!<-))!@3!13^(-13E!*61%(96%(*!*63!'-*3!R11-9+*-%&! zKCC! R&U1+'*1(5*(13!Y6%'3'G!3*5Z!%&)A!8-;3'*%52!'63)*31'! zKCC! 0%@-)3!91+[-&9!(&-*!U%1!56-523&'!+&E!5%%N'!"=8;<! kZaB[ff! !!
The Smart Farm Project!:!BIIMQJRS!CASE STUDY # 1 !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 62/124
!
,I#+&![!W!P'#"!M#0-L!#*M!)I&&+&!,-'MO)"0'*!
'3&-30&1!!B55%1E-&9!*%!*63!,$!$3&*13!U%1!J-'3+'3!$%&*1%)G!*6313!<313!3)3;3&!N1%53''%1'!-&!*63!N1%;-&53!*6+*!
3&9+93E!-&!*63!N1%53''-&9!%U!9%+*!H-)2!-&!/CC=#!X6313!H+A!@3!H%13!N1%53''%1'!%N31+*-&9!%&!+!'H+))T
'5+)3!*6+*!N1%E(53!+&E!'3))!*63-1!%<&!N1%E(5*'!*%!)%5+)!H+123*'#!!
D(553''!<-*6!E+-1A!+&-H+)'!+&E!E+-1A!N1%E(5*'!13^(-13'!+!H+b%1!5%HH-*H3&*!%U!*-H3!+&E!13'%(153'!-&!
@%*6!N1%E(5*-%&!+&E!H+123*-&9#!]%+*!+&E!5633'3!N1%E(5*-%&!-'!+!6-96)A!)+@%(1!-&*3&'-;3!-&E('*1AG!<-*6!+!
)+@%(1!13^(-13H3&*!%U!+NN1%V-H+*3)A!/G>CC6%(1'!N31!"CC!9%+*'!N31!A3+1#!M'*-H+*3'!U1%H!-&E('*1A!
)-*31+*(13!13N%1*'!*6+*!+!"CCT63+E!9%+*!E+-1A!'3))-&9!U)(-E!H-)2!*%!+!N1%53''%1!<%()E!13^(-13!+@%(*!"#=!
U())T*-H3!<%1231'G!@(*!*6-'!E%3'!&%*!-&5)(E3!5633'3TH+2-&9!+5*-;-*-3'#!D+)*!DN1-&9!R')+&E!9%+*!E+-1A!
3HN)%A'!//!<%1231'!Y'%H3!U())!*-H3!+&E!'%H3!N+1*!*-H3Z#!]%+*!E+-1-3'!;+1A!-&!&(H@31'!%U!@(-)E-&9'!+&E!
)+A%(*'!6%<3;31G!-*!-'!+''(H3E!*6+*!%&3!@(-)E-&9!-'!&33E3E!U%1!*63!E+-1A!-*'3)UG!&%*!-&5)(E-&9!6%('-&9!U%1!
<%1231'!%1!*63!%<&31#!B!H-)2!N+1)%1G!'63)*31'!U%1!9%+*'G!+&E!+!'*%1+93!@(-)E-&9!U%1!U33EG!'(NN)-3'G!13N+-1'!
+&E!N+1*'!+13!13^(-13E#!
X63!+;31+93!9%+*!H-)2!@('-&3''!631E!5%&'-'*'!%U!"CC!E%3'#!B&&(+))AG!/Cw!%U!*63!E%3'!H+A!&33E!*%!@3!
13N)+53E!-&!*63!631E#!"CC!E%3'!H('*!@3!1%*+*-%&+))A!91+[3E!%&!/C!+513'!%U!-11-9+*3E!N+'*(13#!83''!+513+93!
H+A!@3!13^(-13E!-U!N+'*(13!-'!<3))TH+&+93EG!91+-&!U33E!-'!('3EG!%1!-U!*63!631E!'-[3!-'!)%<31#!D6%()E!+!
N1%E(531!56%%'3!*%!N+'*(13!*63!E+-1A!631EG!91+''!5+&!H+23!(N!*63!@()2!%U!*63!+&-H+)f'!E-3*!U%1!@3*<33&!
U-;3!+&E!'3;3&!H%&*6'!%U!*63!A3+1#!R&!*63!+@'3&53!%U!N+'*(13G!+)U+)U+!6+A!+&E!91+-&!<%()E!@3!13^(-13E!+'!
+!U33E!'(NN)3H3&*#!
:&!+!N1%N31*A!*63!'-[3!%U!"7>7!D*%1;%)EG!%&)A!"CT/C!63+E!%U!9%+*'!-'!135%HH3&E3E!*%!@3!91+[3E!%&!"!T!/#!
P'#"!/0%S!,-'MO)"0'*!!]%+*'!('(+))A!)+5*+*3!U%1!3-96*!*%!*3&!H%&*6'!+&E!N1%E(53!@3*<33&!=CC!+&E!7CC!)-*13'!%U!H-)2!+!A3+1#!X63!
,$!0-&-'*1A!%U!B91-5()*(13!'(993'*'!*6+*!@133E-&9!%(*!%U!'3+'%&!('-&9!6%1H%&3!*13+*H3&*'!-'!&353''+1A!
*%!6+;3!5%&*-&(%('!H-)2!N1%E(5*-%&!*61%(96%(*!*63!A3+1#!]%+*'!H('*!@3!H-)23E!*<-53!+!E+A#!X63!
5%))35*3E!H-)2!H('*!@3!N1%53''3E!YN+'*3(1-[3EG!56-))3EG!U3E!*%!+&-H+)'G!%1!E-'5+1E3EZ!-HH3E-+*3)A#!B))!*63!
9%+*'!H('*!@3!U3E!+&E!*63-1!'*+))'!5)3+&3E!%&!+!E+-)A!@+'-'#!]3&3*-5'G!&(*1-*-%&G!+&E!U)%52!63+)*6!+13!+))!
U+5*%1'!-&!*63!)3;3)!%U!H-)2!N1%E(5*-%&#!8%''3'!*%!N13E+*%1'!Y5%A%*3'G!5%(9+1'Z!5+&!@3!+!5%&531&!U%1!9%+*!
%N31+*-%&'G!3'N35-+))A!*6%'3!*6+*!91+[3!%&!N+'*(13#!I13E+*%1!N1%@)3H'!5+&!@3!H-&-H-[3E!<-*6!9%%E!
)-;3'*%52!6('@+&E1AG!<3))!*1+-&3E!9(+1E!E%9'!+&E!N31-H3*31!3)35*1-5!U3&5-&9#!
"!)@!%U!U-&-'63E!5633'3!13^(-13'!+@%(*!7!)@'!T!"C!)@'!%U!9%+*!H-)2!<6-56!-'!3^(-;+)3&*!*%!+@%(*!>!T!=!)-*13'#!
X63!1+&93!E3N3&E'!%&!*63!5%&'*-*(*-%&!%U!*63!H-)2!+&E!*63!*AN3!%U!5633'3!@3-&9!N1%E(53EG!+!<3**31!
5633'3!Y'(56!+'!U13'6!563;13Z!13^(-13'!)3''!H-)2!N31!N%(&E!%U!U-&-'63E!N1%E(5*#!!
The Smart Farm Project!:!BIIMQJRS!CASE STUDY # 1 !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 63/124
!
P'#"!)I&&+&!/#S0*P!&cO0,/&*"!X63!H-&-H(H!3^(-NH3&*!&33E3E!U%1!N1%E(5-&9!5633'3!-'!+!)+193!;+*!YN+'*3(1-[31ZG!@()2!H-)2!*+&2!U%1!
'*%1+93G!+!5633'3!<633)!N13''G!5633'3!H%)E'G!13U1-931+*%1!*631H%'*+*G!+&E!+!)+193!13U1-931+*%1#!
J-'N%'+@)3!(*3&'-)'!+&E!-&913E-3&*'!-&5)(E3!N(156+'3E!N+'*3(1-[3E!<6%)3!H-)2!Y-U!&%*!3&%(96!-'!@3-&9!
N1%E(53E!%&!*63!U+1HZG!+&-H+)!13&&3*G!'*+1*31!5()*(13G!U%%E!91+E3!<+VG!+&E!5633'3!'+)*!U%1!@1-&-&9!
'%)(*-%&#!
I(156+'-&9!('3E!3^(-NH3&*!5+&!'+;3!H%&3AG!6%<3;31G!-*!-'!6+1E!*%!5%H3!@A#!!B!I+'*3(1-[31!5+&!1+&93!
U1%H!z"GCCC!U%1!+!'H+))!('3E!%&3!*%!z/CGCCC!U%1!+!&3<!%&3#!D*+1*T(N!5%'*'!<-))!*6313U%13!;+1A!U1%H!
z/=GCCC!*%!z/=CGCCC!@(*!+;31+93!+@%(*!z=CGCCCTK=GCCC#!
!
P'#"!)I&&+&!$O+0*&++!/'M&%!$OMP&"!#++O/,"0'*+!!
• B!*+193*!H-)2!A-3)E!%U!KOK!)-*13'\E%3\A3+1!Y.C=!E+A'!+*!/#/=!)-*13'!N31!E+AZ#!
• X+193*!N1-53!U%1!1+<!H-)2!-'!z"#"=!N31!)-*13#!• X+193*!N1-53!U%1!U-&-'63E!5633'3!-'!z"=\)@!<6%)3'+)3!+&E!
z/=\)@!E-135*!H+123*#!• X63!631E!-'!N+'*(13TU3E!U1%H!'N1-&9!*%!H-ETU+))G!+&E!-'!U3E!6+A!
+&E!91+-&'!*61%(96%(*!*63!3&*-13!)+5*+*-%&!N31-%E#!!
!
!
Number of goats 20 Milk production (l/doe/year) 686
Milk production (l/year) total 13,720
Milk Income (assumes $1.15/l milk) $15,778
Cheese production (5 litres of milk = 1 lb of cheese) 2744
Cheese income (assumes $25/lb of cheese ) if 100% direct market $68,600
Revenues %
market Yield (lbs)
Price ($/lb) Revenue
Wholesale cheese revenue 30% 823.2 $15.00 $12,348 Prices will need to be updated in a business plan
Direct market cheese revenue 70% 1920.8 $25.00 $48,020 Prices will need to be updated in a business plan
Total Gross Revenue
$60,368
P'#"!)I&&+&!M0-&)"!#**O#%!&m,&*+&+!
Direct Expenses Avg herd # goats amt/head
Price ($/unit) Expense
The Smart Farm Project!:!BIIMQJRS!CASE STUDY # 1 !
The Smart Farm Project!:!BIIMQJRS!
CASE STUDY # 1 !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 64/124
!
Feed and Care
Hay (lbs) 100 20 1525 $0.11 $3,355
Grain (lbs) 100 20 915 $0.15 $2,745 Supplements (lbs) 104 21 10 $0.60 $126 Vet and Medicine 104 21 $14
$294
Buck purchase 2 2 $500
$1,000 Dairy supplies and breeding 100 20 $60
$1,200
Labour (milking, kidding, feeding) hrs/year 100 20 24 $15.00 $7,200
Labour estimates @ 24 hours/goat/year
Building maintenance
$500 Shipping and transportation
$800
Utilities
$600 Water and electricity Total expenses
$17,820
!
*'"&+V!
• I%*3&*-+)!13;3&(3'!*6313U%13!+13!zKCG.KO!T!z"7GO/C!x!z>/G=>O#!• R*!-'!-HN%1*+&*!*%!&%*3G!6%<3;31G!*6+*!*6-'!3V5)(E3'!5+N-*+)!-&;3'*H3&*!E3N135-+*-%&G!-&'(1+&53G!
+&E!+&A!)+@%(1!5%'*'!+''%5-+*3E!<-*6!6-1-&9!5633'3TH+2-&9!3HN)%A33'#!R*!+)'%!3V5)(E3'!N1%U3''-%&+)!E3;3)%NH3&*!5%'*'!Y5633'3TH+2-&9!5%(1'3'G!@('-&3''!5%(1'3'G!3*5#Z#!!
• BEE-*-%&+)!13;3&(3'!+13!N%''-@)3!-U!N+'*3(1-[3E!H-)2!-'!-HN%1*3E!*%!*63!5633'3TH+2-&9!U+5-)-*A!U1%H!&3+1@A!U+1H'#!X6-'!<%()E!-&5(1!5%'*'!%U!z"#CCTz"#/=!N31!)-*31!%U!H-)2#!
P'#"!)I&&+&!&+"0/#"&M!+"#-"WO,!&m,&*+&+!089D! )=?8! *=89!$633'3TH+2-&9!3^(-NH3&*! !z.=GCCC!! I+'*3(1-[31G!*+&2'G!N13''G!H%)E'!
$%)E!'*%1+93!Y)+193!13U1-931+*%1'Z! !zKGCCC!! D*%1+93!%U!5633'3!N1-%1!*%!E-'*1-@(*-%&!+&E!'+)3'!
,(-)E-&9!13&%;+*-%&'! !z=GCCC!! X%!(N91+E3!2-*563&!U%1!5633'3!N1%E(5*-%&!
8-;3'*%52!@(-)E-&9'! !zOGCCC!! !0-)2-&9!N+1)%(1G!'63)*31'!
0-'53))+&3%('!! z"GCCC! I+52+9-&9!H+*31-+)'!
"=8;<! !k__Bfff!! !!!
P'#"!M#0-L!#*M!)I&&+&!-&PO%#"'-L!-&cO0-&/&*"+!I1%E(5-&9! 9%+*!H-)2! +&E\%1! 5633'3! -&! ,$! E%3'! &%*! 13^(-13! N(156+'-&9! +!H-)2! ^(%*+G! 6%<3;31! '3;31+)!)-53&53'!+&E!531*-U-5+*3'!<-))!@3!13^(-13E#!BNN1%;+)!H('*!@3!%@*+-&3E!U1%H!*63!,$!0-&-'*1A!%U!B91-5()*(13!+&E! g+&5%(;31! $%+'*+)! W3+)*6f'! ?%%E! D+U3*A! I1%91+H! *61%(96! -&'N35*-%&! N1%53''3'#! B&A! 9%+*! H-)2!N(156+'3E!%UUTU+1H!U%1!5633'3!N1%E(5*-%&!H('*!+)'%!@3!N1%E(53E!@A!+!U+1H!6%)E-&9!+!,$!$31*-U-5+*3!%U!BNN1%;+)#!X63!,$!0-)2!439()+*-%&!B5*G!,$!W3+)*6!B5*G!,$!?%%E!I13H-'3'!439()+*-%&G!+&E!?%%E!43*+-)!+&E!?%%E! D31;-53'! $%E3! +13! '%H3! 3V+HN)3'! %U! N%)-5-3'! 9%;31&-&9! E+-1A! N1%53''-&9! -&! ,$#! I(@)-5! W3+)*6!R&'N35*%1'!+&E\%1!M&;-1%&H3&*+)!W3+)*6!:UU-531'!;-'-*!N13H-'3'!*%!-&'N35*!5%&E-*-%&'!+&E!-''(3!N31H-*'#!g+&5%(;31! $%+'*+)! W3+)*6! N(@)-'63'! 9(-E3)-&3'! U%1! *63! '+)3! %U! U%%E'! +*! *3HN%1+1A! U%%E! H+123*'!Y-&5)(E-&9!U+1H31'!H+123*'Z#!J+-1A!N1%E(5*'!Y-&5)(E-&9!9%+*!5633'3Z!-'!5%&'-E313E!+!6-9631!1-'2!U%%E#!!
The Smart Farm Project!:!BIIMQJRS!CASE STUDY # 1 !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 65/124
!
X63!DH+))T'5+)3!?%%E!I1%E(531'!B''%5-+*-%&!%U!,$!%UU31'!+!3**=!0&)$"1!01,"$6,!^6BC$6$("&"'*(!
VL+*.$,,*+2!L+*E+&6!*6+*!H+A!@3!+!@3&3U-5-+)!13'%(153#! X63!U%))%<-&9!-'!+!)-'*!%U!)-53&53'!+&E!531*-U-5+*3'!*6+*!H+A!@3!13^(-13E!*%!1(&!+!9%+*!E+-1A!-&!,$#!X63!)-'*!H+A!&%*!@3!5%HN)3*3!+&E!'6%()E!@3!13;-3<3E!+*!*63!@('-&3''!N)+&!'*+93F!
• q%&-&9!+NN1%;+)!Y)%5+)Z!• ,('-&3''!)-53&53!Y)%5+)Z!• I31H-*\)-53&53!*%!%N31+*3!+!E+-1A!N)+&*!YN1%;-&5-+)Z!• ?%%E!'31;-53!N31H-*!Yg$WZ!• BNN1%;+)!%U!+!U%%E!'+U3*A!N)+&!Yg$WZ!
• $31*-U-5+*3!%U!?%%E'+U3!$%(1'3!$%HN)3*-%&!Yg$WZ!!
!
-&+'O-)&+! ,$!0-)2!-&E('*1A!+5*!6**NF\\<<<#@5)+<'#5+\MI8-@1+1-3'\@5)+<'n&3<\E%5(H3&*\RJ\U133'-E3\CCnPK/OPnC"!!,$!0-&-'*1A!%U!B91-5()*(13!I)+&&-&9!U%1!I1%U-*!'31-3'F!E+-1A!9%+*!@('-&3''G!g+&5%(;31!R')+&EG!/CC.#!6**NF\\<<<#+9U#9%;#@5#5+\@('H9H*\@(E93*'\@(E93*nNEU\'N35-+)-[3En)'\E+-1An/CC.n;+&5%(;31#NEU!!,1-*-'6!$%)(H@-+!]%+*!0-)2!I1%E(531'!B''%5-+*-%&F!.>/"!,%(&E+1A!4E#G!B@@%*'U%1EG!,$G!g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t%N*-%&x5%Hn5%&*3&*e;-3<x+1*-5)3e-Ex"//eR*3H-Ex/P!!DI_JF!D('*+-&+@)3!I1%E(53!_1@+&!J3)-;31A#!I1-53!%U!D+)*!DN1-&9!R')+&E!563;13!5633'3F!zP#PP!U%1!">/9!%1!z./!N31!)@#!6**NF\\<<<#'N(E#5+\5+*+)%9(3\N1%E(5*E3*+-)'#5UHt8RJx"eJxe0xCedx"e:Ix$""PeI]xPPPe$]x"7eDx>e]xCeBEExCe1-ExCeD3+156xe^1Axjjj]%(1H3*w/C&3^w/CCe^^^/x"w/Cw.Jw/CCeHAI+93x91%531AeN+1*x77>7!!g+&5%(;31!$%+'*+)!W3+)*6F!](-E3)-&3'!U%1!*63!'+)3!%U!U%%E'!+*!*3HN%1+1A!H+123*'#!6**NF\\<<<#;56#5+\H3E-+\](-E3)-&3'nD+)3n?%%E'nX3HN%1+1An0+123*'nBN1-)/C"C#NEU!!
The Smart Farm Project!:!BIIMQJRS!CASE STUDY # 1 !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 66/124
!
Designs !
X63!E3'-9&!5%&53N*!U%1!*63!D*%1;%)E!4%+E!N1%b35*!-'!*%!N1%;-E3!.!'H+))!13'-E3&53'!U%1!*63!5%T%<&31'!%U!
*63!N1%N31*A#!!X63!N1-H+1A!5%&531&'!*6+*!&33E!*%!@3!+EE13''3E!+13!*63!+UU%1E+@-)-*A!%U!*63!6%H3'G!
N1-;+5A!%U!*63!6%H3'!U1%H!3+56!%*631!+&E!U1%H!*63!5%HH(&-*A!U+1H-&9!+13+!%U!*63!N1%N31*AG!+&E!
3&'(1-&9!*6+*!*63!.!6%H3'!6+;3!+!H-&-H+)!-HN+5*!%&!*63!+H%(&*!%U!)+&E!+;+-)+@)3!U%1!U+1H-&9!('3#!!!
d3!56%'3!*%!5)('*31!*63!.!6%H3'!+)%&9!+!@+&2!+*!*63!U1%&*!N+1*!%U!*63!N1%N31*A!<6-56!U+53'!3+'*!Y;-3<!*%!
*63!%53+&Z!+&E!5(1;3'!*%<+1E'!*63!'%(*6!Y@3'*!'(&!3VN%'(13Z#!!X6-'!+EE13''3E!*63!N1-;+5A!5%&531&!
@35+('3!<3!5%()E!+&9)3!3+56!%U!*63!.!6%H3'!N1%913''-;3)A!H%13!*%<+1E'!*63!'%(*6!3&'(1-&9!*6+*!3+56!
6%H3!6+E!9%%E!'(&!3VN%'(13!+&E!*6+*!*63!H+-&!<-&E%<'G!E352!+&E!N+*-%!'N+53'!<313!+&9)3E!+<+A!
U1%H!3+56!%*631#!!X63!.!6%H3'!6+;3!+!H-&-H+)!-HN+5*!%&!*63!5%HH(&-*A!U+1H-&9!+13+!U%1!/!13+'%&'#!!
:&3!@35+('3!*63!6%H3'!+13!)%5+*3E!%&!<6+*!-'!5(113&*)A!+&!%;31!91%<&!@+&2#!!D35%&E)A!@35+('3!3+56!%U!
*63!*6133!/!"\/!'*%1A!6%H3'!6+'!+!;31A!'H+))!7=C!'^(+13!U%%*!U%%*N1-&*#!!J3'-9&-&9!*63!.!6%H3'!'%!*6+*!
*63A!6+;3!+!'H+))!U%%*N1-&*!+&E!'%!*6+*!+!)+193!N%1*-%&!%U!*63!'^(+13!U%%*+93!Y==C!'^(+13!U33*Z!-'!
-&5%1N%1+*3E!-&!<-*6!*63!1%%U!H+23'!*63'3!6%H3'!;31A!5%'*!3UU35*-;3#!!X63!)+A%(*!%U!*63!.!6%H3'!5+&!
3+'-)A!@3!H%E-U-3E!*%!'(-*!3+56!%<&31'!&33E'!<6-)3!H+-&*+-&-&9!*63!'+H3!'*1(5*(13!+&E!'-[3#!!,(-)E-&9!
*63!.!'-H-)+1!6%H3'!+*!*63!'+H3!*-H3!<%()E!U(1*631!13E(53!5%'*'#!!B'!<3))!*63!H%13!*63!%<&31'!+13!
-&;%);3E!-&!*63!U-&-'6-&9!'*+93!%U!5%&'*1(5*-%&!*63!H%13!-&3VN3&'-;3!*63!6%H3'!<-))!@3!*%!@(-)E#!!!
d3!6+;3!E3'-9&3E!*63!6%H3'!*%!@3!@(-)*!('-&9!DRID!N+&3)'!U%1!+))!*63!3V*31-%1!<+))'!Y'33!DH+1*!?+1H!
W%H3!,(-)E-&9!DA'*3H!$%HN+1-'%&!&3+1!*63!3&E!%U!*6-'!E%5(H3&*Z!+'!<3))!+'!-&5%1N%1+*-&9!1+E-+&*!U)%%1!
63+*-&9!%&!*63!H+-&!+&E!)%<31!U)%%1'#!!X63!DRID!N+&3)!<+))'!<-))!3&'(13!*63!6%H3'!+13!<3))!-&'()+*3E!
<6-)3!*63!1+E-+&*!U)%%1!63+*-&9!<-))!N1%;-E3!*63!H%'*!3UU-5-3&*!63+*-&9!'A'*3H#!!4+E-+&*!U)%%1!63+*-&9!
H+23'!-*!-'!N%''-@)3!*%!233N!*63!+-1!*3HN31+*(13!)%<31!*6+&!&%1H+)!<6-)3!+))%<-&9!N3%N)3!*%!U33)!3^(+))A!
5%HU%1*+@)3!@35+('3!63+*!-'!1+E-+*-&9!*%<+1E'!*63H#!!R&'*+))-&9!+!93%*631H+)!91%(&E!)%%N!<%()E!@3!
-E3+)!U%1!U(1*631!H-&-H-[-&9!%&!9%-&9!63+*-&9!5%'*'!*6%(96!*63A!6+;3!+!6-96!(N!U1%&*!5%'*#!!!!!
!
!
! !
The Smart Farm Project!:!BIIMQJRS!CASE STUDY # 1 !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 67/124
!
!
!
!
!
!
The Smart Farm Project!:!BIIMQJRS!CASE STUDY # 1 !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 68/124
!
!
The Smart Farm Project!:!BIIMQJRS!CASE STUDY # 1 !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 69/124
!
Legal Assessment !
X6-'!N1%N31*A!-'!5(113&*)A!%<&3E!@A!$6+E!W31'6)31G!6-'!'N%('3!D+&EAG!+&E!W31'6U+H!R&;3'*H3&*'#!$6+E!
+&E!D+&EA!3+56!%<&!+!|!-&*313'*!-&!*63!N1%N31*A!+'!b%-&*!*3&+&*'G!<6-)3!W31'6U+H!%<&'!+!|!-&*313'*!+'!+!
*3&+&*!-&!5%HH%&#!M+56!%<&31!6+'!*63!1-96*!*%!'3))!%1!+''-9&!*63-1!%<&!-&*313'*!-&!*63!N1%N31*A#!X6313!
+13!&%!3&5(H@1+&53'G!'(56!+'!)-3&'!%1!('3!13'*1-5*-%&'!%&!*63!N1%N31*A#!W%<3;31G!*6313!-'!+&!%(*'*+&E-&9!
H%1*9+93G!+&E!+!'*+*(*%1A!1-96*!%U!<+A!U%1!,$!WAE1%!+)%&9!*63!N%<31!)-&3#!d313!*63!%<&31'!*%!
135%&U-9(13!%<&31'6-N!-&!'(56!+!<+A!*6+*!*63!N1%N31*A!<+'!63)E!@A!+!*1('*G!'%5-3*AG!%1!5%T%NG!+))!%<&31'!
<%()E!6+;3!*%!+9133!*%!'(56!+!56+&93#!R*!<%()E!+)'%!@3!+E;-'+@)3!U%1!*63!3&*-13!N1%N31*A!*%!@3!%<&3E!@A!
+!'-&9)3!3&*-*A!@3U%13!+&A!'(@E-;-'-%&!%55(1'#!
X63!%<&31'!+13!-&*313'*3E!-&!513+*-&9!+!>T'6+13!@+13!)+&E!'*1+*+!%&!*63!N1%N31*A#!X6133!E<3))-&9'!%&!*63!
N1%N31*A!<%()E!6%('3!'*1+*+!%<&31!U+H-)-3'G!<6-)3!*63!U%(1*6!%<&31!<%()E!@3!*63!J331!$1%''-&9!*63!B1*!
?+1H!D%5-3*A#!X63!E<3))-&9'!<%()E!@3!)%5+*3E!+*!*63!U1%&*!3&E!%U!*63!N1%N31*AG!<6-)3!*63!U+1H)+&EG!+&E!
+1*!U+1H!13)+*3E!@(-)E-&9'!<%()E!@3!'N13+E!%(*!@36-&E!*63H#!X63!13'*!%U!*63!)+&E!YU%13'*G!*1+-)'G!
E1-;3<+A'!+&E!9+1E3&'!<%()E!@3!5%HH%&)A!%<&3E#!X63!U+1H!N1%N31*A!<%()E!@3!('3E!U%1!U+1H-&9!+&E!
5%HH(&-*A!3;3&*!N1%91+HH-&9G!<6-)3!*63!E<3))-&9'!<%()E!13H+-&!U%1!N1-;+*3!('3#!X63!*6133!U+H-)-3'!
<%()E!3-*631!5%&*1-@(*3!+&!+9133E!&(H@31!%U!)+@%(1!6%(1'!N31!A3+1!*%!*63!5%HH%&!)+&E!%1!N+A!+!
H%&*6)A!U33!*%!*63!'*1+*+!%1!*63!D%5-3*AG!<6-)3!*63!D%5-3*A!H+&+93E!+&E!%N31+*3E!*63!N1%N31*A!+'!+!
<6%)3#!
]-;3&!*63!'*+*3E!-&*3&*-%&!*%!@(-)E!+!13'-E3&53!*6+*!+55%HH%E+*3'!.!U+H-)A!(&-*'G!13[%&-&9!<%()E!)-23)A!
@3!13^(-13E#!43[%&-&9!<%()E!+)'%!@3!13^(-13E!*%!+))%<!U%1!5%HH315-+)!'+)3'!@3A%&E!+91-5()*(13!%&!*63!
N1%N31*A#!
B!5%T%N!%1!+!'-HN)3!'(@E-;-'-%&!+&E!'+)3!%U!*63!'(@E-;-E3E!N+153)!*%!+&!+NN1%N1-+*3!@(A31!<%()E!@3!
%*631!N%''-@-)-*-3'!U%1!E3;3)%N-&9!*6-'!N1%N31*AG!@(*!+13!N1%@+@)A!)3''!)-23)A!*6+&!*63!'*1+*+!*%!+56-3;3!*63!
%<&31'f!;-'-%&#!
The Smart Farm Project!:!BIIMQJRS!
CASE STUDY # 1 !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 70/124
!
Feasibility Assessment
!D*%1;%)E!4%+E!?+1H!-'!*63!'-*3!%U!*63!5(113&*!J331!$1%''-&9!*63!B1*!?+1H!&%&TN1%U-*!<-*6!*63!23A!
+5*-;-*-3'!@+)+&53E!@3*<33&!5%13!U+1H-&9!%N31+*-%&'!+&E!+!'-9&-U-5+&*!5%HH(&-*A!+&E!3;3&*!N1%91+H-&9!
5%HN%&3&*#!!$%13!N)+&&3E!U+1H-&9!+5*-;-*-3'!-&5)(E3!+&&(+)!+91-5()*(1+)!51%N'G!H%E3'*!+&-H+)!6('@+&E1A!
+&E!13)+*3E!U%%E!N1%E(5*'!%N31+*-%&'!+&E!N%*3&*-+)!U%1!)%&931!*31H!*133!U1(-*!N1%E(5*-%&#!!X63!U+1H-&9!
+5*-;-*-3'!93&31+*3!+!H%E3'*!)3;3)!%U!-&5%H3G!@(*!N1%;-E3!*63!5%&*3V*!U%1!*63!3E(5+*-%&G!N1%91+HH-&9!
+&E!3;3&*'!+5*-;-*-3'G!<6-56!93&31+*3!*63!)-%&f'!'6+13!%U!*63!*%*+)!13;3&(3!+*!*63!U+1H#!
:&!*63!@(E93*!U%135+'*!<6-56!U%))%<'G!*6-'!%N31+*-%&!E3H%&'*1+*3'!+!1%@('*!@(E93*!%U!13;3&(3'!+&E!
3VN3&'3'!*%!5%;31!*63!5%'*'!+''%5-+*3E!<-*6!*63!;+1-%('!*AN3'!%U!+5*-;-*-3'!<6-56!93&31+*3'!+!N%'-*-;3!&3*!
5%&*1-@(*-%&!%&53!*63!-&-*-+)!*<%!A3+1'!%U!91%<*6!6+;3!@33&!+55%HN)-'63E#!!J(1-&9!*6+*!*-H3G!
5%&'*1(5*-%&!%U!.!13'-E3&*-+)!6%H3'!%&!*63!N1%N31*A!-'!N)+&&3E#!!R&!%1E31!*%!'('*+-&!+!'*1%&9!)3;3)!%U!
+UU%1E+@-)-*AG!*63!6%H3'!+13!N)+&&3E!*%!@3!%U!H%E3'*!U-&-'6-&9!*%!5%&*+-&!5%'*'!+&E!13*+-&!+!'3))-&9!N1-53!
@3)%<!z>CCGCCC#!!I1%533E'!U1%H!*63!'+)3!%U!*63!.!6%H3'!+13!+))%5+*3E!*%!13*-1-&9!*63!6%('3!5%&'*1(5*-%&!
)%+&!+&E!*%!N+1*-+))A!N+A-&9!@+52!*63!%(*'*+&E-&9!H%1*9+93!E3@*!%&!*63!U+1H#!!D*1%&9!5+'6!U)%<'!-&!)+*31!
A3+1'!+))%<'!U%1!+EE-*-%&+)!H%1*9+93!N+AH3&*'!*%!U())A!13*-13!*6-'!)%+&!@A!A3+1!P#!
X6-'!N1%N%'+)!5%&*+-&'!+!H%13!'-9&-U-5+&*!-&;3'*H3&*!(N!U1%&*!*%!E3;3)%N!*63!N1%N31*A!+&E!-*'!U+5-)-*-3'#!!
X6-'!-'!@3-&9!E%&3!*%!@(-)E!%(*!*63!13^(-13E!U+5-)-*-3'!*%!5%&E(5*!H(56!%U!*63!3E(5+*-%&!+&E!
N1%91+HH-&9!+5*-;-*-3'#!!R&-*-+)!-&;3'*H3&*'!-&!*63'3!U+5-)-*-3'!+13!N1-H+1-)A!U(&E3E!@A!?+1H!8%+&'!<-*6!
13N+AH3&*!%U!*63'3!)%+&'!%;31!+!"CTA3+1!+H%1*-[+*-%&#!!X63!'*1%&931!13;3&(3'!U1%H!91%<-&9!*63!
3E(5+*-%&!+&E!%(*13+56!5%HN%&3&*!+'!<3))!+'!-&513+'-&9!U+1H!13;3&(3'!%;31!*-H3!+))%<!'(UU-5-3&*!5+'6!
U)%<!*%!H33*!*63!E3@*!13N+AH3&*!13^(-13H3&*'!%;31!*63!)-U3!%U!*63!)%+&#!!X6-'!+NN1%+56!*%!)3;31+9-&9!
*63!N1%N31*A!+&E!N(**-&9!+EE-*-%&+)!+513+93!-&*%!+91-5()*(1+)!N1%E(5*-%&!+NN3+1'!*%!@3!<3))!'(-*3E!*%!*6-'!
'-*3!+&E!-*'!5(113&*!%<&31'!+&E!E3H%&'*1+*3'!)%&9T*31H!'('*+-&+@-)-*A!U%1!*63!N1%N31*A#!!
!
The Smart Farm Project!:!BIIMQJRS!
CASE STUDY # 1 !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 71/124
!
!
Smart Farm Operations Model Annual Prod Increase 10% 10% 5% 3%
Storvold Road Farm Programming/Rental Increase 2% 3% 2% 1%
Annual Price Inflation 2% 2% 2% 2%Annual Cost Inflation 3% 2% 4% 1%
Opening Year 1 Year 2 Year 3 Year 4 Year 5Sources of Cash
RevenuesDirect to Consumer
Annual Crops 21,595 24,230 27,186 29,116 30,589Animal Products 0 0 52,353 58,740 65,906Education/Outreach/Events 470,000 488,988 513,731 534,486 550,627Facility Space Rental 20,000 20,808 21,861 22,744 23,431
WholesaleAnnual Crops 5,729 6,428 7,212 7,724 8,115Animal Products 12,348 13,225 13,894Education/Outreach/Events 0 0 0 0 0
Total Revenues 0 517,324 540,454 634,690 666,034 692,562
Direct Production ExpensesAgricultural Crops 4,791 4,935 5,033 5,235 5,287Animal products 11,444 11,787 12,023 12,504 12,629Education/Outreach/Events expenses 234,500 241,535 246,366 256,220 258,783Facility Space expenses 0 0 0 0 0
Total Direct Expenses 0 250,735 258,257 263,422 273,959 276,699
Gross Contribution from Operations 0 266,589 282,196 371,268 392,075 415,864
Farm ExpensesTotal Production Wages 256,274 263,963 269,242 280,011 282,812Management Wages 40,000 20,000 20,600 21,012 21,852 22,071General & Administrative 10,000 6,000 6,180 6,304 6,556 6,621Farm Supplies 5,000 5,150 5,253 5,463 5,518Marketing 10,000 20,000 20,600 21,012 21,852 22,071Vehicle Expenses 5,000 5,150 5,253 5,463 5,518Repair & Maintenance 2,000 2,060 2,101 2,185 2,207Insurance 5,000 5,150 5,253 5,463 5,518Utilities 2,600 2,678 2,732 2,841 2,869Strata Fees on Common Property 1,200 1,236 1,261 1,311 1,324
Total Farm Expenses 60,000 323,074 332,767 339,422 352,999 356,529Net Contribution from Operations -60,000 -56,485 -50,570 31,846 39,077 59,335
The Smart Farm Project!:!BIIMQJRS!
CASE STUDY # 1 !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 72/124
!
!
Smart Farm Operations Model Annual Prod Increase 10% 10% 5% 3%
Storvold Road Farm Programming/Rental Increase 2% 3% 2% 1%
Annual Price Inflation 2% 2% 2% 2%Annual Cost Inflation 3% 2% 4% 1%
Opening Year 1 Year 2 Year 3 Year 4 Year 5Net Contribution from Operations -60,000 -56,485 -50,570 31,846 39,077 59,335Capital Contributions
Farm Loans 90,000 90,000Farm Operation Equity 250,000Farm Grants 60,000Home Purchase #1 375,000Home Purchase #2 375,000Home Purchase #3 375,000Farm Mortgage 300,000 -150,000Home Construction financing (incl int) 810,000 -810,000
Total Capital Contributions 700,000 900,000 165,000 0 0 0
Total sources of cash 640,000 843,515 114,430 31,846 39,077 59,335
Uses of cashCapital CostsHouse and Building Costs
Farm Purchase 575,000Home #1 Construction Costs 260,000Home #2 Construction Costs 260,000Home #3 Construction Costs 260,000Farm Buildings Costs 30,000
Farm Operations CostsFacilities Construction 11,000 19,600Farming Equipment Purchase 14,600 35,000Plant Supplies 2,500Livestock Purchase 0 1,000
Total Capital Cost 633,100 780,000 55,600 0 0 0Financing costs
Loan Payments (loan #1) 0 11,455 11,455 11,455 11,455 11,455Loan Payments (loan #2) 0 0 11,455 11,455 11,455 11,455 loan interest rate 5.00%Mortgage Payments 0 21,045 21,045 10,523 10,523 10,523 mortgage interest rate 5.00%Construction Financing Costs (int. only) 7.00% 28,350 0 0 0 0Farm Equity Returns
Total Financing costs 0 60,850 43,956 33,433 33,433 33,433
Total Uses of Cash 633,100 840,850 99,556 33,433 33,433 33,433
Increase (decrease) in cash flow 6,900 2,664 14,874 -1,586 5,644 25,902
Opening cash position 0 6,900 9,564 24,439 22,852 28,496
Closing cash position 6,900 9,564 24,439 22,852 28,496 54,398
The Smart Farm Project!:!BIIMQJRS!CASE STUDY # 1 !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 73/124
!
!
The Smart Farm Project !CASE STUDY # 2
KING RD, ELPHINSTONE !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 74/124
!
FARM PLAN !
+0"&!M&+)-0,"0'*!X63!U+1H!N)+&!U%1!/>P!L-&9!4E!-'!U%5('3E!%&!@)(3@311A!N1%E(5*-%&#!,33'!U%1!6%&3A!N1%E(5*-%&!H+A!@3!
+EE3E!+*!)+*31!E+*3'#!
B!135*+&9)3T'6+N3E!N1%N31*AG!+NN1%V-H+*3)A!=#C!+513'G![%&-&9!4_"!-&!M)35*%1+)!B13+!M#!X63!'-*3!-'!
13)+*-;3)A!U)+*!<-*6!'%H3!H-)E!(&E()+*-%&'#!D%-)'!+NN3+1!*%!6+;3!9%%E!*%!H%E31+*3!5+N+@-)-*A!U%1!
+91-5()*(13#!D%H3!'*%&-&3''!+&E!E1+-&+93T13)+*3E!)-H-*+*-%&'!+13!3VN35*3E#!X63!H+b%1-*A!%U!*63!'-*3!-'!
63+;-)A!*133E!+&E!;393*+*3EG!*6313U%13!'(&!3VN%'(13!H+A!+)'%!@3!+!51%N!)-H-*+*-%&!(&)3''!'%H3!
;393*+*-%&!-'!13H%;3E#!X6313!-'!+!E1-;3<+A!+&E!N+12-&9!+13+!)%5+*3E!+NN1%V-H+*3)A!H-E<+A!+)%&9!*63!
3+'*31&!N1%N31*A!@%(&E+1A#!Q+*(1+)!51332'!+&E!H+1'6A!+13+'!3V-'*!*61%(96%(*G!N+1*-5()+1)A!-&!*63!
&%1*6<3'*!N%1*-%&!%U!*63!'-*3!+&E!+)%&9!*63!<3'*31&!N1%N31*A!@%(&E+1A#!
(#-/!30+0'*!X63!;-'-%&!U%1!*6-'!U+1H!-&5)(E3E!U%5('-&9!%&!%&3!51%N!*%!H+V-H-[3!35%&%H-3'!%U!'5+)3#!8-;3'*%52!<313!
&%*!-&5)(E3E#!
)-',!,%#*!• BNN1%V-H+*3)A!"#=!+513'!%U!)+&E!-&!%19+&-5!@)(3@311A!N1%E(5*-%&#!• ?1(-*!+&E!&(*!*133'!<-))!@3!-&5)(E3E!U%1!+EE-*-%&+)!13;3&(3#!• I%))-&+*%1'!Y6%&3A!@33'Z!<-))!@3!-&5)(E3E#!
#++O/,"0'*+!I%*3&*-+)!13;3&(3'!U%1!*63!U+1H!-&!*63!U-1'*!A3+1!%1!*<%!+13!N1%;-E3E!+&E!-&5)(E3!*63!U%))%<-&9!
+''(HN*-%&'F!
• X63!@)(3@311A!@('63'!*6+*!+13!N)+&*3E!+13!H+*(13!+&E!N1%E(53!@311-3'!1-96*!+<+A#!• 43;3&(3!3'*-H+*3'!+13!H3+&*!*%!N1%;-E3!+&!%;31+))!N-5*(13!%U!N%*3&*-+)!13;3&(3!%&)A#!R*!-'!
N%''-@)3!*6+*!N%%1!A-3)E'!E(3!*%!A%(&9!@)(3@311A!@('63'!-&!*63!U-1'*!/T.!A3+1'!H+A!13'()*!-&!)%<31!*6+&!+&*-5-N+*3E!13;3&(3'#!
• B''(H3'!*6+*!KCw!%U!*63!A-3)E!<-))!@3!'%)E!E-135*!H+123*!YU+1H!9+*3G!U+1H31'!H+123*G!%1!$DBZ!+&E!*6+*!>Cw!<-))!@3!'%)E!<6%)3'+)3!*%!)%5+)!13*+-)31'#!
• B!6-96!)3;3)!%U!6%1*-5()*(1+)!*1+-&-&9!+&E!'2-))'!+13!13^(-13E!*%!3&'(13!6-96!^(+)-*A!+&E!6-96!A-3)E#!
• ]%%E!'-*3!'3)35*-%&!+&E!N13N+1+*-%&!<-))!@3!13^(-13EG!3'N35-+))A!*%!3&'(13!*6+*!*63!5%1135*!'%-)!NW!-'!+56-3;3E!+'!@)(3@311A!N)+&*'!13^(-13!')-96*)A!+5-E-5!'%-)'#!
• I+1*-5()+1!5+13!<-))!&33E!*%!@3!N+-E!*%!N)+&*!63+)*6!-U!%19+&-5!N1-&5-N)3'!+13!U%))%<3E#!,)(3@311-3'!+13!'('53N*-@)3!*%!U(&9+)G!;-1+)G!+&E!@+5*31-+)!-&U35*-%&'#!
• X63!5+)5()+*-%&'!+13!6-96!)3;3)!+&E!<%()E!13^(-13!U(1*631!+&+)A'-'!+*!*63!*-H3!%U!U+1H!E3;3)%NH3&*!*%!3&'(13!+55(1+5A#!!
• W%&3A!N1%E(5*-%&!-&!*63!)%&931!*31H!+13!&%*!-&5)(E3E!-&!*63'3!-&-*-+)!13;3&(3!5+)5()+*-%&'#!
The Smart Farm Project!:!BIIMQJRS!CASE STUDY # 2 !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 75/124
!
• $+N-*+)!-&;3'*H3&*!3'*-H+*3'!5+N*(13!%&3T*-H3!5%'*'!+&E!E%!&%*!-&5)(E3!%&9%-&9!H+-&*3&+&53!+&E\%1!)+@%(1!3VN3&'3'#!!
!
!
,<=8!e! +7h9!gD[i!
+7h9!g;549?i!
)4=E!=E87=>?! %7J9?8=5N!=E87=>?!
(9>57>F!49K:749D9>8?!
1 2,800 0.70 Blueberries N/A Electric
2 2,800 0.70 Blueberries N/A Electric
3 1,400 0.35 Big leaf maple stand N/A N/A
4 5,000 1.23 Edible forest products: mushrooms, wild berries.
N/A N/A
Red circles N/A N/A Fruit and nut trees N/A Electric
Hoophouse 128 x 2 0.03 x 2 Extension of growing season for starters, tomatoes, cucumbers
N/A None
Bees N/A N/A N/A N/A Electric
!
!
!
!
The Smart Farm Project!:!BIIMQJRS!CASE STUDY # 2 !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 76/124
!
$<:9G944H!H79<@!9?87D;89?!g;??:D9?!D;8:49!E<;>8?!;49!:?9@!A=4!9?8;G<7?6D9>8i2!
I1%N%'3E!+13+!Y+513'Z!! "#>!
Q(H@31!%U!N)+&*'\+513F! ">CC!
a-3)E\+513!Y)@'Z! "/KCC!
a-3)E\N)+&*!Y)@'ZF! P!
MVN35*3E!{!N)+&*'F! "PKC!
MVN35*3E!A-3)E!Y)@'ZF! "7K>C!!
&+"0/#"&M!)'+"+!#*M!-&3&*O&+!('-!Z2^!#)-&+!'(!$%O&$&--L!,-'MO)"0'*!
!! !!l!
D;4N98! c8H! ,4759! 3;<:9! "=8;<!-9J9>:9! d6%)3'+)3! >C! 7C=K! z/#OC! z"PG7=7!
!!! J-135*!H+123*! KC! "C=O>! z>#=C! z>7GK/O!!"=8;<!P4=??!-9J9>:9! !!
! ! !k`aB]b^!
!M74958!)=?8?! !! N31!+513! +513'!! ! !!! $%HN%'*!YAE.Z! /=! "#>! .=! z>=! z"G=7=!
!! !!! ! ! ! !P9>94;<!)=?8?! !!! ! ! ! !!! ?(3)!Y8Z! ==! "#>! 77! z"#>C! z"CO!
!! 43N+-1'!e!0+-&*3&+&53! "! "#>! "#>! z"/=! z"7=!!! R&*391+*3E!I3'*!09H*! "! "#>! "#>! z"CC! z">C!!! ,-1E\+&-H+)!5%&*1%)! "! "#>! "#>! z/=C! z.=C!!! W-;3'! .! "#>! >#/! zK=! z/7.!!! !!
! ! ! ! !"4;>?E=48;87=>! X1(52!YN31!)%+EZ! >! "#>! =#K! zOC! z>>O!!! J1-;31!YN31!)%+EZ! >! "#>! =#K! z.K! z/C/!!! ?(3)!YN31!)%+EZ! /C! "#>! /O#C! z=#CC! z">C!!! I+52+9-&9!Y5+1*%&'Z! "C>.! "#>! ">KC#/! z"#CC! z"G>KC!!! !!
! ! ! ! !%;G=:4! 0+56-&3!)+@%(1!YN31!61Z! />! "#>! ..#K! z"O#CC! zKC=!!! W+1;3'*-&9!Y)@!1+*3Z! "/KCC! "#>! "7K>C! zC#KC! z"CG=O>!!! !!
! ! ! ! !"=8;<!5=?8?! !!! ! ! !
z"KGC=P!!! !!
! ! ! ! !"=8;<!*98!-9J9>:9! !!! ! ! !
k_ZB][_!!
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 77/124
!
Designs
X63!H+-&!5%&53N*!6313!-'!*%!N1%;-E3!+!)%<31!5%'*!E3;3)%NH3&*!%NN%1*(&-*A!53&*13E!+1%(&E!+!
5%HH(&-*A!U+1H#!!X63!M)N6-&'*%&3!:$I!6+'!*6-'!N1%N31*A!-&!+!5%HN1363&'-;3!E3;3)%NH3&*!N31H-*!
5)('*31!6%('-&9!+13+#!YD33!'35*-%&!,!.#"#.!%U!*63!M)N6-&'*%&3!:$IZ#!!X6-'!3''3&*-+))A!H3+&'!*63!N1%N31*A!-'!
U)+993E!*%!@3!'(@E-;-E3E!-&*%!'H+))31!"CCC!'^#H#!)%*'!<-*6!=Cw!%U!*63!*%*+)!)+&E!*%!@3!E3E-5+*3E!+'!+!
N+12!%1!N1%*35*3E!N(@)-5)A!+553''-@)3!%N3&!'N+53#!!X63!H+V-H(H!&(H@31!%U!)%*'!<%()E!@3!"C!(&E31!*63!
:$I!E3;3)%NH3&*!N31H-*!+13+!6313G!H%'*!)-23)A!)3''!<-*6!13^(-13E!1%+E<+A'!E3N3&E-&9!%&!E3;3)%NH3&*!
)+A%(*#!
d6+*!R!6+;3!'6%<&!-'!+!K!)%*!E3;3)%NH3&*!E3'-9&3E!+'!+!@+13!)+&E!'*1+*+!%U!*63!&%1*6!6+)U!%U!*63!
N1%N31*AG!9-;-&9!'%H3!N1-;+*3!)+&E!*%!3+56!6%H3!%<&31!+&E!'6+13E!)+&E!+1%(&E!*63!E1-;3<+A!+13+#!!
X63A!<%()E!+)'%!6+;3!'%H3!+9133E!(N%&!5%HH(&-*A!-&*313'*!-&!*63!U+1H-&9!6+)U!%U!*63!N1%N31*A#!!
I316+N'!+'!5+13*+231'!%U!*63!5%HH(&-*A!9+1E3&G!<3*)+&E!'3N*-5!+13+G!N(@)-5!N+*6'!+&E!631-*+93!9(3'*!
6%('3!-&!3V56+&93!U%1!N1%U-*+@)3!('3!%U!*63!U+1H!Y@)(3@311A!U-3)EG!@33'G!6%%N6%('3'Z#!!
B'!H3&*-%&3EG!*63!)%<31!6+)U!%U!*63!N1%N31*A!<%()E!@3!+!N(@)-5!'N+53!<-*6!N+*6<+A'G!+!5%HH(&-*A!
9+1E3&!*6+*!N3%N)3!U1%H!*63!)+1931!5%HH(&-*A!5%()E!('3!+&E!+!631-*+93!9(3'*!6%('3!*6+*!5%()E!@3!+!'%1*!
%U!,e,!U%1!N3%N)3!5%H-&9!*%!@3!-&;%);3E!-&!*63!5%HH(&-*A!9+1E3&!%1!U%1!9(3'*'!%U!*63!N1%N%'3E!%<&31'#!!
B!N1%U-*+@)3!U+1H!<%()E!@3!+;+-)+@)3!*%!*63!5%HH(&-*A!-&!*63!(NN31!6+)U!%U!*63!N1%N31*A!+&E!*63!
<3*)+&E!'3N*-5!'A'*3H!<%()E!@3!@%*6!*63!'3N*-5!'A'*3H!U%1!*63!K!6%('3!E3;3)%NH3&*!+&E!+!N(@)-5!
E3H%&'*1+*-%&!N1%b35*!U%1!*63!D$4J#!!B!'+U3!'N+53!*%!*3'*!%(*!*63!3UU35*-;3&3''!%U!<3*)+&E!'3N*-5!
'A'*3H'!-&!%(1!5)-H+*3#!!
!
Legal Assessment
!B)*6%(96!*63!5(113&*!%<&31!%U!*6-'!N1%N31*A!-'!&%*!-&;%);3E!-&!*63!DH+1*!?+1H!N1%b35*G!*63!N1%N31*A!-'!
<3))!'-*(+*3E!*%!N1%;-E3!+&!3V+HN)3!%U!*63!N%*3&*-+)!*63!DH+1*!?+1H!'A'*3H!5+&!%UU31!E3;3)%N31'#!X63!
N1%N31*A!-'!-&!$%HN1363&'-;3!J3;3)%NH3&*!$)('*31!W%('-&9!B13+!>!(&E31!*63!M)N6-&'*%&3!:$IG!<6-56!
5%()E!+))%<!U%1!'(@E-;-'-%&!513+*-&9!'H+))31!N+153)'G!N1%;-E3E!*6+*!=Cw!%U!*63!'(@E-;-'-%&f'!91%''!+13+!-'!
E3E-5+*3E!+'!+!N+12!%1!N1%*35*3E!+'!+!N(@)-5)A!+553''-@)3!'N+53!<-*6!+!5%;3&+&*!+&E!'*+*(*%1A!1-96*!%U!
<+A#!X6-'!H3+&'!*6+*!'(56!E3&'3!'(@E-;-'-%&!<-))!@3!+))%<3E!%&!*63!5%&E-*-%&!*6+*!*63!%<&31'!
3''3&*-+))A!H+23!6+)U!%U!*63!N1%N31*A!-&*%!+!N(@)-5!N+12!%1!N+*6#!R*!E%3'!&%*!+NN3+1!*6+*!*6-'!<%()E!%N3&!
*63!13H+-&-&9!=Cw!(N!*%!@3!U+1H3E!%1!%*631<-'3!('3E!U%1!*63!%<&31'f!%<&!N(1N%'3'G!+)*6%(96!+!
5%HH(&-*A!9+1E3&!H%E3)!5%()E!@3!'(993'*3E!*%!*63!)%5+)!9%;31&H3&*#!
B!E3;3)%N31!5%()E!3'*+@)-'6!+!@+13!)+&E!'*1+*+!%&!*63!N1%N31*AG!H+123*-&9!*63!E3;3)%NH3&*!+&E!*63!
(&-*'!U%1!'+)3!*%!U+H-)-3'!-&*313'*3E!-&!U+1H-&9#!D(@b35*!*%!)%5+)!9%;31&H3&*!+NN1%;+)G!*63!E3;3)%N31!
5%()E!*63&!5%&'*1(5*!+!9+1E3&!%1!U+1H!%&!*63!13H+-&-&9!=Cw!%U!*63!N1%N31*A#!X63!5(113&*!DH+1*!?+1H!
The Smart Farm Project!:!BIIMQJRS!
CASE STUDY # 2 !
The Smart Farm Project!:!BIIMQJRS!
CASE STUDY # 2 !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 78/124
!
;-'-%&!U%1!*6-'!N1%N31*A!<%()E!-&5)(E3!+!I(@)-5!D('*+-&+@)3!J3H%&'*1+*-%&!I1%b35*!%&!*6+*!=CwG!<-*6!+!
631-*+93!U+1H!5%**+93!+&E!%*631!5%HH(&-*A!%1-3&*3E!N1%b35*'#!!
!
Feasibility Assessment !
X63!L-&9!4%+E!U+1H!'-*3!6+'!+E%N*3E!+!E-UU313&*!U%1H+*!*6+&!*63!%*631'!*%!'6-U*!*63!)+&E!-&*%!+5*-;3!
+91-5()*(13#!!X63!U%5('!%&!*6-'!'-*3!<-))!@3!*%!+))%<!U%1!K!+UU%1E+@)3!13'-E3&*-+)!(&-*'!*%!@3!5%&'*1(5*3E!
+&E!'%)E!*%!U+H-)-3'#!!X63!35%&%H-5'!%U!*63!)+&E!N(156+'3!+&E!E3;3)%NH3&*!<-))!5%;31!*63!+5^(-'-*-%&!
5%'*'!%U!*63!'-*3G!<6-56!+))%<'!U%1!+NN1%V-H+*3)A!.!%U!*63!=!+513'!*%!@3!N13'31;3E!U%1!+91-5()*(13!
N(1N%'3'#!!BNN1%;+)!%U!*63!-&513+'3E!&(H@31!%U!13'-E3&*-+)!(&-*'!<%()E!@3!5%&E-*-%&+)!%&!*63!
+91-5()*(1+)!N%1*-%&'!%U!*63!'-*3!@3-&9!*1+&'U3113E!*%!+!8+&E!X1('*!%1!'-H-)+1!5%HH(&-*AT@+'3E!
%19+&-[+*-%&!+*!&%!5%'*!U%1!)%&9T*31H!%<&31'6-N!+&E!+91-5()*(1+)!H+&+93H3&*#!!X63!U3+'-@-)-*A!
+''3''H3&*!U%1!*6-'!'-*3!*6313U%13!3&5%HN+''3'!@%*6!U3+'-@-)-*A!%U!*63!13+)!3'*+*3!E3;3)%NH3&*!+&E!*63!
U3+'-@-)-*A!%U!%&9%-&9!+91-5()*(1+)!+5*-;-*-3'#!
R&!*63!@(E93*!U%135+'*G!<6-56!U%))%<'G!N1-H+1A!+91-5()*(1+)!+5*-;-*-3'!-&;%);3!N)+&*-&9!+&E!6+1;3'*-&9!%U!
%19+&-5!@)(3@311-3'!+&E!*63!@(E93*!<%12'633*!E3H%&'*1+*3'!*63!-HN+5*!%U!'+)3'!+&E!3VN3&'3'!13)+*3E!*%!
@)(3@311A!N1%E(5*-%&#!!]-;3&!*6+*!5%&'*1(5*-%&!<-))!%55(1!%&!*63!'-*3!*%!@(-)E!*63!13'-E3&*-+)!6%H3'!+&E!
*6313!-'!*63!&33E!*%!N13N+13!U%1!+&E!N)+&*!*63!@)(3@311-3'G!13;3&(3'!-&!*63!<%12'633*!5%HH3&53!-&!A3+1!
/!%U!%N31+*-%&'#!!:&53!-&!N)+53G!@)(3@311A!N1%E(5*-%&!+NN3+1'!*%!@3!+!'*1%&9!13;3&(3!93&31+*%1!+&E!
N1%;-E3'!'(UU-5-3&*!13'%(153'!*%!5%;31!H%E3'*!5()*-;+*-%&!+&E!6+1;3'*-&9!5%'*'G!+'!<3))!+'!'(NN%1*-&9!+&!
3'*-H+*3!%U!H+&+93H3&*!<+93'!+&E!93&31+)!U+1H!5%'*'#!
B&!-&-*-+)!-&;3'*H3&*!*%!N(156+'3!*63!/CCC!@)(3@311A!N)+&*'!Yz/CGCCCZ!+&E!'%H3!&33E3E!3^(-NH3&*!
Yz=GCCCZ!-'!-&5)(E3E!+'!+&!(NU1%&*!5+N-*+)!-&;3'*H3&*!13)+*3E!*%!*63!U+1H-&9!%N31+*-%&#!!R&!%1E31!*%!U(&E!
*63'3!3VN3&E-*(13'!+&E!*%!5%;31!'*+1*!(N!<+93'!+&E!U+1H!5%'*'!-&!*63!-&-*-+)!A3+1!%U!%N31+*-%&G!+!
5%H@-&+*-%&!%U!91+&*'!Yz/CGCCCZ!+&E!+!)%+&!U%1!*63!U+1H!Yz>CGCCCZ!6+'!@33&!-&5)(E3E#!!43N+AH3&*!%U!*63!
)%+&!%;31!"C!A3+1'!-'!-&5)(E3E!-&!*63!+&&(+)!5+'6!U)%<!%U!*63!U+1H#!!]-;3&!*6-'!'3*!%U!+''(HN*-%&'G!*63!
)%&9!*31H!U+1H-&9!+'N35*!%U!*6-'!'-*3!+NN3+1'!*%!@3!;-+@)3#!!B'!+91-5()*(1+)!N1%E(5*-%&!-'!;+1-+@)3!A3+1!*%!
A3+1G!+!H+123E!13E(5*-%&!%U!.Cw!-&!N1%E(5*-%&!;%)(H3!6+'!@33&!-HN%'3E!-&!A3+1!=#!!X6-'!E3H%&'*1+*3'!
*6+*!3;3&!<-*6!+!N%%1!51%N!A-3)E!-&!+!9-;3&!A3+1G!@+'-5!U+1H!5%'*'!+13!5%;313E!+&E!*63!E-N!5+&!@3!
+@'%1@3E!-&*%!)%&9T*31H!U-&+&5-+)!'('*+-&+@-)-*A#!
X(1&-&9!*%!*63!13'-E3&*-+)!6%H3!E3;3)%NH3&*!%NN%1*(&-*A!%&!*63!'-*3G!*63!-HN+5*!+&E!5%'*'!%U!*6-'!+13!
135%1E3E!-&!*63!)%<31!'35*-%&'!%U!*63!U-&+&5-+)!<%12'633*#!!X63!23A!^(3'*-%&!6313!-'!<63*631!*63!
E3;3)%NH3&*!<-))!U3+'-@)A!5%;31!*63!U())!+5^(-'-*-%&!5%'*!%U!*63!'-*3G!*6313@A!13)3+'-&9!+!)+193!N%1*-%&!%U!
*63!'-*3!-&*%!N31H+&3&*!5%HH(&-*AT%<&3E!+5*-;3!+91-5()*(13#!!B!51-*-5+)!U+5*%1!%U!*63!N1%N%'+)!-'!*%!
-&513+'3!*63!N31H-**3E!&(H@31!%U!13'-E3&*-+)!(&-*'!%&!*63!N1%N31*A!-&!%1E31!*%!+5*-;+*3!)%&9T*31H!
+91-5()*(1+)!+5*-;-*-3'#!!$(113&*!H+123*!;+)(3!%U!*63!)+&E!13U)35*'!*63!3V-'*-&9!13'*1-5*-%&!%&!H()*-N)3!
E<3))-&9'G!6%<3;31!@A!-&513+'-&9!*63!&(H@31!%U!13'-E3&*-+)!(&-*'G!-&E-;-E(+)!)+&E!;+)(3!U%1!3+56!(&-*!-'!
The Smart Farm Project!:!BIIMQJRS!
CASE STUDY # 2 !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 79/124
!
'-9&-U-5+&*)A!3&6+&53E#!!X63!5%'*!3'*-H+*3'!5%&*+-&3E!-&!*63!U3+'-@-)-*A!+&+)A'-'!+**1-@(*3!"\K*6!%U!*63!)+&E!
5%'*!*%!3+56!%U!*63!13'-E3&*-+)!(&-*'#!!X6-'G!*%93*631!<-*6!+!'-*3!E3;3)%NH3&*!+))%<+&53!+&E!+!H%E3'*!
@(-)E-&9!5%&'*1(5*-%&!5%'*!%U!z"KC\'^!U*!U%1!3+56!%U!*63!"OCC!'^!U*!6%H3'G!13'()*'!-&!+!13+'%&+@)3!
5%&'*1(5*-%&!5%'*!U%1!+&!+UU%1E+@)3!6%H3!N(156+'3!N1-53!%U!z>C/G=CC#!
B*!*6-'!'3))-&9!N1-53G!*63!E3;3)%N31!%U!*63!13'-E3&*-+)!6%H3'!-'!N1%;-E3E!+!"=w!+&&(+)-[3E!13*(1&!%&!6-'!
-&;3'*H3&*G!<63&!+!13+'%&+@)3!)3;3)!%U!5%&'*1(5*-%&!E3@*!-'!('3E!+&E!13N+-E!%&!'+)3!%U!*63!6%H3'#!!X63!
+91-5()*(1+)!)+&E!5%HN%&3&*!<%()E!@3!'39139+*3E!U1%H!*63!@(-)E-&9!'-*3'!-&!*63!E3;3)%NH3&*!N1%53''!
+&E!*63!U+1H-&9!+5*-;-*-3'!+13!N)+&&3E!*%!5%HH3&53!<-*6!13;3&(3!93&31+*3!-&!A3+1!/!%U!*63!N1%b35*#!!
]-;3&!*63'3!+''(HN*-%&'G!*63!N1%N%'+)!*%!H%;3!U%1<+1E!<-*6!*63!13'-E3&*-+)!6%H3!E3;3)%NH3&*!+&E!*%!
9-U*!+!'-9&-U-5+&*!N%1*-%&!%U!*63!)+&E!-&*%!+91-5()*(1+)!N1%E(5*-%&!+NN3+1'!+56-3;+@)3#!
The Smart Farm Project!:!BIIMQJRS!CASE STUDY # 2 !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 80/124
!
!
!
Smart Farm Operations Model Annual Prod Increase 10% 10% 5% -30%
King Road Farm Annual Price Inflation 2% 2% 2% 2%Annual Cost Inflation 3% 2% 4% 1%
Opening Year 1 Year 2 Year 3 Year 4 Year 5Sources of Cash
RevenuesDirect to Consumer
Annual Crops 47,628 53,439 57,233 40,864Animal Products 0 0 0 0Tree Fruit Production 0 0 0 0Other 0 0 0 0
WholesaleAnnual Crops 19,757 22,167 23,741 16,951Animal Products 0 0 0 0Tree Fruit Production 0 0 0 0Other 0 0 0 0
Total Revenues 0 0 67,385 75,606 80,974 57,815
Direct Production ExpensesAgricultural Crops 4,871 4,968 5,167 5,219Animal Products 0 0 0 0Treefruit production 0 0 0 0Other Products 0 0 0 0
Total Direct Expenses 0 0 4,871 4,968 5,167 5,219
Gross Contribution from Operations 0 0 62,514 70,638 75,807 52,597
Farm ExpensesTotal Production Wages 11,189 11,413 11,869 11,988Management Wages 30,000 30,900 31,518 32,779 33,107General & Administrative 0 0 0 0Farm Supplies 1,500 1,545 1,576 1,639 1,655Staff Training 2,000 2,040 2,122 2,143Vehicle Expenses 0 0 0 0Insurance 1,200 1,236 1,261 1,311 1,324Utilities 0 0 0 0Other Expenses 0 0 0 0
Total Farm Expenses 0 32,700 46,870 47,807 49,720 50,217Net Contribution from Operations 0 -32,700 15,644 22,830 26,087 2,380
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 81/124
!
!
Smart Farm Operations Model Annual Prod Increase 10% 10% 5% -30%
King Road Farm Annual Price Inflation 2% 2% 2% 2%Annual Cost Inflation 3% 2% 4% 1%
Opening Year 1 Year 2 Year 3 Year 4 Year 5Net Contribution from Operations 0 -32,700 15,644 22,830 26,087 2,380Capital Contributions
Farm Loans 40,000Farm Grant 20,000Home Sale #1 402,500Home Sale #2 402,500Home Sale #3 402,500Home Sale #4 402,500Home Sale #5 402,500Home Sale #6 402,500Developer Equity 350,000 335,000Home Construction financing (incl int) 1,600,000 -1,600,000
Total Capital Contributions 410,000 1,935,000 815,000 0 0 0
Total sources of cash 410,000 1,902,300 830,644 22,830 26,087 2,380
Uses of cashCapital CostsSite Development and Construction
Farm Purchase 350,000Site Development costs 150,000Home #1 Construction Costs 288,000Home #2 Construction Costs 288,000Home #3 Construction Costs 288,000Home #4 Construction Costs 288,000Home #5 Construction Costs 288,000Home #6 Construction Costs 288,000
Farm Operations CostsFacilities Construction 0Farming Equipment Purchase 5,000Plant Supplies 20,000Livestock Purchase 0
Total Capital Cost 375,000 1,878,000 0 0 0 0Financing costs
LoanPayments 0 5,091 5,091 5,091 5,091 5,091 loan interest rate 5.00%Construction Financing Costs (int. only) 7.00% 56,000 0 0 0 0Developer Equity Returns 814,240
Total Financing costs 0 61,091 819,331 5,091 5,091 5,091
Total Uses of Cash 375,000 1,939,091 819,331 5,091 5,091 5,091
Increase (decrease) in net project cash flows 35,000 -36,791 11,313 17,739 20,996 -2,712
Opening cash position 0 35,000 -1,791 9,522 27,260 48,256
Closing cash position 35,000 -1,791 9,522 27,260 48,256 45,545
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 82/124
!
!
The Smart Farm Project !CASE STUDY # 3
LOWER RD, ROBERTS CREEK !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 83/124
!
Farm Plan
+0"&!M&+)-0,"0'*!B!135*+&9)3T'6+N3E!N1%N31*AG!+NN1%V-H+*3)A!=#C!+513'G![%&-&9!4/!-&!M)35*%1+)!B13+!J#!X63!'-*3!')%N3'!
H%E31+*3)A!U1%H!&%1*6!*%!'%(*6#!D%-)'!+NN3+1!*%!6+;3!H%E31+*3!5+N+@-)-*A!U%1!+91-5()*(13#!D%H3!
'*%&-&3''!+&E!')%N3T13)+*3E!)-H-*+*-%&'!+13!3VN35*3E#!X63!H+b%1-*A!%U!*63!'-*3!-'!63+;-)A!*133E!+&E!
;393*+*3EG!*6313U%13!'(&!3VN%'(13!H+A!+)'%!@3!+!51%N!)-H-*+*-%&!(&)3''!'%H3!;393*+*-%&!-'!13H%;3E#!
X6313!+13!'3;31+)!@(-)E-&9'!%&!'-*3!@(*!+))!*63!U%%*N1-&*'!+13!13)+*-;3)A!'H+))#!Q+*(1+)!51332'!3V-'*!
*61%(96%(*!+&E!+!N%&E!-'!'-*(+*3E!-&!*63!'%(*6<3'*!+13+!%U!*63!'-*3#!
(#-/!30+0'*!X63!;-'-%&!U%1!*6-'!U+1H!-&5)(E3E!<%12-&9!<-*6!*63!3V-'*-&9!N1%N31*A!U3+*(13'!*%!513+*3!+!N)+&!*6+*!<%()E!
-&5%1N%1+*3!<-)E51+U*-&9!+&E!&+*-;3!N)+&*!N1%E(5*-%&#!DH+))T'5+)3!)-;3'*%52!N1%E(5*-%&G!'(56!+'!)+A31!
63&'!+&E!/!%1!.!N-9'!<313!-&5)(E3E!-&!*63!;-'-%&#!X63!%;31+))!9%+)!-'!*%!)3+;3!+!H-&-H+)!-HN+5*!%&!*63!
)+&E#!
)-',!,%#*!• BNN1%V-H+*3)A!%&3!+513!%U!)+&E!-&!N1%E(5*-%&!U%1!%19+&-5!H-V3E!631@!Y@+'-)G!E-))G!H-&*G!N+1')3AZ!
N1%E(5*-%&#!• X3'*!N)%*!U%1!E3*31H-&-&9!N1%E(5*-%&!U3+'-@-)-*A!%U!E-UU313&*!;393*+@)3'!+&E!6%N'#!• /=!)+A-&9!63&'!U%1!399!N1%E(5*-%&#!• /!%1!.!N-9'!H+A!@3!+EE3E!+U*31!*63!-&-*-+)!U+1H!-'!3'*+@)-'63E#!• ?1(-*!+&E!&(*!*133'!<-))!@3!-&5)(E3E!U%1!+EE-*-%&+)!13;3&(3#!• I%))-&+*%1'!Y6%&3A!@33'Z!<-))!@3!-&5)(E3E#!• J(3!*%!*63!)+193!+13+!13^(-13E!U%1!H('61%%H!5%))35*-&9!*%!@3!U-&+&5-+))A!U3+'-@)3!<-)E51+U*-&9!
<+'!1()3E!%(*!+*!*6-'!-&-*-+)!'*+93!+'!+!13;3&(3T93&31+*-&9!%NN%1*(&-*A#!
#++O/,"0'*+V!
• X63!N1%E(5*-%&!(&-*!-'!+!H()*-T+513!N1%N31*A!<-*6!b('*!%;31!%&3!+513!%U!)+&E!-&!N1%E(5*-%&!+'!<3))!+'!+!.GCCC!'^(+13!U33*!9133&6%('3#!
• X63!5(113&*!)+&E%<&31!<-'63'!*%!+))%5+*3!*63!91%<-&9!+13+!*%!*3'*-&9!*63!;-+@-)-*A!%U!;+1-%('!;393*+@)3!+&E!631@!51%N'G!-&5)(E-&9!6%N'G!<6-56!<-))!@3!6+1;3'*3E!3-*631!-&!%1!%(*!%U!'3+'%&!@+'3E!(N%&!<63&!*63A!+13!N)+&*3E#!!
• ?%1!'-HN)-5-*AG!*6-'!U+1H!N)+&!+&E!13;3&(3!5+)5()+*-%&'!6+;3!@33&!E3;3)%N3E!<-*6!+!U%5('!%&!91%<-&9!H-V3E!631@!51%N'!*61%(96%(*!*63!N1%E(5*-%&!+13+'!Y3#9#!@+'-)G!N+1')3AG!H-&*G!*6AH3!+&E!E-))Z#!!
• d-)E51+U*-&9G!'(56!+'!H('61%%H!N-52-&9G!H+A!*+23!N)+53!%&!*63!C#7=!+513'!%U!U%13'*3E!)+&E#!M'*-H+*3'!+13!N1%;-E3E!139+1E-&9!N1-53'!U%1!56+&*313))3'#!
• M99'!<-))!@3!N1%E(53E!@A!+NN1%V-H+*3)A!/=!)+A-&9!63&'#!• X63!9133&6%('3!@(-)E-&9G!<6-56!<-))!@3!+**+563E!*63!H+-&!)-;-&9!@(-)E-&9G!5+&!@3!('3E!*%!'*+1*!
'33E)-&9!N1%E(5*-%&!3+1)-31!-&!*63!'3+'%&G!91%<!'33E)-&9'!U%1!%(*!%U!'3+'%&\'6%()E31!'3+'%&G!%1!91%<!+!<-&*31!51%N!-U!E3'-13E#!
The Smart Farm Project!:!BIIMQJRS!
CASE STUDY # 3 !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 84/124
!
• d+93!1+*3!U%1!N-52-&9!+&E!N1%E(5*-%&!)+@%(1!-'!"/#CC!z\61#!d+93'!+13!@+'3E!%&!)%5+)!)+@%(1!H+123*!1+*3'#!
• :19+&-5!N1+5*-53'!+13!+''(H3E!*%!@3!3HN)%A3E#!X6313U%13G!+N+1*!U1%H!5%HN%'*!*%!3&1-56!'%-)G!&%!U-9(13'!U%1!N(156+'3!%U!563H-5+)!-&N(*'!YU31*-)-[31'G!U(&9-5-E3'G!-&'35*-5-E3'G!3*5#!+13!N1%;-E3EZ#!
• ?1(-*!+&E!&(*!*133'!H+A!@3!N)+&*3E!U%1!+EE-*-%&+)!13;3&(3'#!,33!5%)%&-3'!H+A!+)'%!@3!-&5)(E3E#!W%<3;31!E(3!*%!*63!)%&931!*31H!-&!<6-56!%156+1E!U1(-*G!&(*'G!+&E\%1!6%&3A!H+A!@3!5()*-;+*3E!+&E!'%)EG!*63!13;3&(3'!3'*-H+*3'!+13!&%*!-&5)(E3E!-&!*6-'!N13)-H-&+1A!'6%1*!*31H!U+1H!N)+&#!
• DH+))T'5+)3!)-;3'*%52G!'(56!+'!N-9'G!9%+*'G!%1!@1%-)31!56-523&'!'6%()E!@3!+EE3E!*%!*63!U+1H!+5*-;-*-3'!%&53!*63!51%N!5()*-;+*-%&!-'!U())A!3'*+@)-'63E!Y+U*31!+@%(*!/!91%<-&9!'3+'%&'Z#!
!
!
!
!
!
!
The Smart Farm Project!:!BIIMQJRS!CASE STUDY # 3 !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 85/124
!
!
,<=8!%;G9<! +7h9!gD[i!
+7h9!!gA8[i!
+7h9!g;549?i!
)4=E!=E87=>?! %7J9?8=5N!=E87=>?! (9>57>F!49K:749D9>8?!
"! "G=CC! "KGCCC! C#>C! 0-V3E!631@'! Q\B! M)35*1-5!/! "GCCC! "CG7CC! C#/=! 0-V3E!631@'! Q\B! M)35*1-5!.! >KC! =GCCC! C#""! :156+1EF!U1(-*!+&E!&(*!
*133'!$6-523&'!YU%1!H3+*Z!%1!9%+*'!YH3+*!+&E!5633'3Z!
M)35*1-5!
>! >CC! >G.CC! C#"C! 0-V3E!631@'! Q\B! M)35*1-5!=! OOC! PG=CC! C#//! :156+1EF!U1(-*!+&E!&(*!
*133'!I-9'!Y.!%1!>G!'H+))T'5+)3Z!
M)35*1-5!
K! Q\B! Q\B! Q\B! Q\B! $6-523&'!Y)+A31'ZF!*133!63&6%('3!
M)35*1-5!
7! P7=! "CG=CC! C#/>! 0-V3E!631@'! Q\B! M)35*1-5!O! .GCCC! ./GCCC! C#7=! ME-@)3!U%13'*!N1%E(5*'F!
H('61%%H'G!<-)E!@311-3'#!
Q\B! Q%&3!
W%%N6%('3! "/O! "G>CC! C#C.! MV*3&'-%&!%U!91%<-&9!'3+'%&!+&E!'*+1*31'!
Q\B! Q%&3!
,33!5%)%&-3'! Q\B! Q\B! Q\B! ! ! M)35*1-5!
-&3&*O&!&+"0/#"&+!#++O/,"0'*+!‒ !/0m&M!I&-$+!• 0+123*!;+)(3!N1-53'!U%1!%19+&-5+))AT91%<&!U13'6!631@'!+13F!
o z"#/=\%[!%1!z/C\)@!<6%)3'+)3!o z/#CC\%[!%1!z./\)@!E-135*!H+123*!
• a-3)E'!+13!6-96!@+'3E!%&!'3;31+)!1%*+*-%&'!%U!51%N!N1%E(5*-%&!N31!A3+1#!• ?%1!*63!N(1N%'3!%U!*63'3!5+)5()+*-%&'!+!5%&'31;+*-;3!3'*-H+*3!%U!/GCCC!)@'\+513!%U!U13'6!631@'!-'!
('3E#!X6-'!H+A!@3!-&513+'3E!%;31!*-H3!+'!U+1H!+5*-;-*-3'!@35%H3!H%13!3UU-5-3&*!+&E!'*13+H)-&3E#!• X63!H%'*!3VN3&'-;3!5%HN%&3&*!%U!631@!N1%E(5*-%&!-'!*63!)+@%(1!+''%5-+*3E!<-*6!6+1;3'*-&9!*63!
51%N#!• W31@!6+1;3'*-&9!)+@%(1!-'!3'*-H+*3E!+*!C#=!61'\)@!+&E!z"/\61#!
!
/7C9@!I94G?! !!!
X%*+)!+513'!! "!! X%*+)!A-3)E!
Y)@\+513Z! /CCC!!
!! !!l!
D;4N98! c8H!g<Gi! !,4759T<G! !3;<:9!! "=8;<!!-9J9>:9! d6%)3'+)3! >C! OCC! !z/C#CC!! z"KGCCC!! !!
!! J-135*!H+123*! KC! "/CC! !z./#CC!! z.OG>CC!! !!
"=8;<!P4=??!-9J! !! !! !! !! k_^B^ff!! !!
M74958!)=?8?! !! N31!+513! +513'! !! !! !!
!! $%HN%'*!YAE.Z! /=! "! /=! !z>=!! !z"G"/=!!
!! !! !! !! !! !! !!
The Smart Farm Project!:!BIIMQJRS!
CASE STUDY # 3 !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 86/124
!
P9>94;<!)=?8?! !! !! !! !! !! !!
!! ?(3)!Y8Z! ==! "! ==! !z"#>!! !z77!!
!! 43N+-1'!e!0+-&*3&+&53! "! "! "! !z"/=!! !z"/=!!
!! R&*391+*3E!I3'*!09H*! "! "! "! !z.CC!! !z.CC!!
!! ,-1E\+&-H+)!5%&*1%)! "! "! "! !z/=C!! !z/=C!!
!! W-;3'! .! "! .! !zK=!! !z"P=!!
!! !! !! !! !! !! !!
"4;>?E=48;87=>! X1(52!E3)-;31-3'!Y)%+E'Z! /C! "! /C! !zOC!! !z"GKCC!!
!! J1-;31!Y)%+E'Z! /C! "! /C! !z.K!! !z7/C!!
!! ?(3)!Y)%+E'Z! /C! "! /C! !z=!! !z"CC!!
!!I+52+9-&9!Y5)+H'63))!5+1*%&'!U%1!<6%)3'+)3Z! "/OCC! C#"! "/OC! !z"!! !z"G/OC!!
!! !! !! !! !! !! !!
%;G=:4! 0+56-&3!)+@%(1!YN31!61Z! />! "#>! ..#K! !z"O!! !zKC=!!
!! W+1;3'*-&9!Y61'Z! "CCC! "! "CCC! !z"/!! !z"/GCCC!!
!! !! !! !! !! !! !!
"=8;<!5=?8?! !! !! !! !! !! !kZbB]aa!!"=8;<!*98!-9J! !! !! !! !! !! !k]`Bf[]!!
/O+I-''/!I#-3&+"0*P!g*'*W"0/$&-!('-&+"!,-'MO)"+i!B!N13)-H-&+1A!%;31;-3<!%U!*63!13'3+156!*%!E+*3! -&E-5+*3'!*6+*!*63!N1%N31*A!'-*3!+*!/P=C!8%<31!4E!H+A!
&%*!@3!)+193!3&%(96!*%!'(NN%1*!-&5%H3!13)+*3E!*%!*63!6+1;3'*!+&E!'+)3!%U!H('61%%H'#!?%1!3V+HN)3G!*63!
+;31+93!H+123*!;+)(3!N1-53'!U%1!U13'6!56+&*313))3'!+13!+NN1%V-H+*3)A!z=#CC\)@!+&E!"!+513!%U!U%13'*!5+&!
N1%E(53!+NN1%V-H+*3)A!=! )@'!%U!56+&*313))3'!3;31A!/T.!<332'!U1%H!`(&3!*%!:5*%@31! U%1!+!*%*+)!A-3)E!%U!
+NN1%V-H+*3)A! >CT=C)@'#! B*! z=\)@! *6-'! %&)A! 3^(+*3'! *%! z/CCTz/=C! N31! A3+1#! W%<3;31G! -U! H()*-N)3!
H('61%%H! *AN3'! +13! U%(&E! %&! '-*3! +&E! A-3)E'! +NN3+1! *%! @3! 13)+*-;3)A! 6-96! *63&! *63! *%N-5! H+A! @3!
13;-3<3E!+9+-&G!+&E!6+1;3'*-&9!H+A!@3!<%1*6<6-)3!U%1!'+)3'!+*!*63!U+1H!9+*3!+*!1+*3'!%U!+NN1%V-H+*3)A!
zO\)@!%1!6-9631!-U!*63!)%5+)!H+123*!E-5*+*3'#!
?%1!+!9%%E!%;31;-3<!%U!*63!56+&*313))3!H('61%%H!-&E('*1A!-&!5%+'*+)!,$!13U31!*%F!
M6)31'G!X#!+&E!X#!W%@@A#!/C"C#!X63!56+&*313))3!6+1;3'*!%&!&%1*631&!g+&5%(;31!R')+&EG!,$F!?+5*%1'!
13)+*-&9!*%!'(553''U()!5%HH315-+)!E3;3)%NH3&*#!MV*3&'-%&!Q%*3#!`%(1&+)!%U!M5%'A'*3H'!+&E!
0+&+93H3&*#!""Y"e/ZF7/kO.#!#""B_PPG$6H)*++$NH*+EP'(=$NHB#BPG$6P&+"'.C$P?'$DP@@PY@!
! !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 87/124
!
&PP!,-'MO)"0'*!Chicken eggs
Notes
Number of chickens 25 Egg production
(eggs/chicken/week) 4 Egg production (dozens/week) 8 Eggs yield (dozens/year) 433.3
Revenues %
market Yield (doz)
Price ($/doz) Revenue
Direct Market 100% 433.3 $5.00 $2,167 Total Gross Revenue
$2,167
Direct Expenses units
Price ($/unit) Expense
Feed and Care
Chicken feed 15 15 $50.00 $750
Can be reduced if free range and most dietary
needs received from foraging
Veterinary/health 3 3 $100 $300 Collecting and packaging (hrs) 52 52 $12.00 $624 Total expenses
$1,674
Net Revenue
$493
!
-&+'O-)&+!I94G?!gG;?7<i!,+1&'*%&!R')+&E!W31@'!N1%;-E3'!+!9%%E!'H+))!U+1H!@('-&3''!5%HN+1-'%&F!6**NF\\<<<#@-631@'#5+\!6**NF\\<<<#+91-5()*(13#9%;#'2#5+\J3U+()*#+'NVtJQx/@U@"7>/TU55ET>">KT+P7CT/5P.C3K75P/>!6**NF\\<<<#&E+#+91-5#[+\E%5'\,1%56(13'\I1%](-,+'-)#NEU!!*=>W87DG94!(=49?8!,4=@:58?!g56;>8949<<9?i!6**NF\\<<<#@(A@5<-)E#5%H\!6**NF\\<<<#U%1#9%;#@5#5+\6UN\N(@)-5+*-%&'\CCCC/\56+N*"#6*H!6**NF\\<<<#U+%#%19\E%513N\B4XR$8M\d?$\SRR\C.7PT,"#WX0!6**NF\\<-)E*1+E31#5+\5+*39%1A\H('61%%H'\!M6)31'G!X#!+&E!X#!W%@@A#!/C"C#!X63!56+&*313))3!6+1;3'*!%&!&%1*631&!g+&5%(;31!R')+&EG!,$F!?+5*%1'!13)+*-&9!*%!'(553''U()!5%HH315-+)!E3;3)%NH3&*#!MV*3&'-%&!Q%*3#!`%(1&+)!%U!M5%'A'*3H'!+&E!0+&+93H3&*#!""Y"e/ZF7/kO.#!#""B_PPG$6H)*++$NH*+EP'(=$NHB#BPG$6P&+"'.C$P?'$DP@@PY@!
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 88/124
!
Designs
X63!H+-&!5%&53N*!U%1!*6-'!N1%N31*A!*%!N1%;-E3!'-HN)3!)%<!5%'*!6%('-&9!5)('*313E!+1%(&E!+!U+1H!+13+!U%1!
N3%N)3!)%%2-&9!*%!)-;3!+!;31A!'-HN)3!)-U3!-&!*%(56!<-*6!&+*(13#!!$(113&*)A!-*!-'!&%*!N%''-@)3!*%!6+;3!
@3E1%%H'!*6+*!+13!E3*+563E!U1%H!6%('3'#!!d6+*!R!6+;3!N1%N%'3E!-'!+!53&*1+)!5%HH(&-*A!6%('3!*6+*!+&!
%UU-5-+)!13'-E3&53!%&!*63!N1%N31*A#!!!
?1%H!*63!53&*1+)!6(@!R!6+;3!'6%<&!+!5)('*31-&9!%U!K!E3*+563E!@3E1%%H'!+&E!+(V-)-+1A!@(-)E-&9'!U%1!
@%+1E31'#!!_&E31!5(113&*![%&-&9!=!&%&T13)+*3E!@%+1E31'!+13!+))%<3E!N31!6%('3!'%!+!H+V-H(H!%U!"C!
@%+1E31'!<%()E!@3!+))%<3E!%&!*6-'!N1%N31*A#!X%!H+23!'(13!*6-'!E%3'&m*!93*!%(*!%U!6+&E!R!<%()E!
135%HH3&E!6+;-&9!*63!E3*+563E!@3E1%%H'!5%(&*!-&!*63!+))%<+@)3!+(V-)-+1A!@(-)E-&9!U)%%1!+13+#!!D%!U%1!
*6-'!)%*!+))!+(V-)-+1A!@(-)E-&9'!+&E!E3*+563E!@3E1%%H'!<%()E!@3!)-H-*3E!*%!+!5%H@-&3E!U)%%1!+13+!%U!/=C!
H/!%&!/KPC!'^#!U*#!!R!*6-&2!*6-'!-'!+!913+*!5%HN1%H-'3!+'!*63!H%13!E3*+563E!@3E1%%H'!*63!)3''!+))%<+@)3!
'N+53!U%1!%*631!+(V-)-+1A!('3'#!!?%1!N3%N)3!-&*313'*3E!-&!)-;-&9!+!'-HN)3!)-U3!*6-'!)-H-*!'6%()E&}*!@3!+!
N1%@)3H!+*!+))#!D5%**!B;31A!+&E!J+&+!d-)'%&!6+;3!%(*)-&3E!*63-1!;-'-%&!-&!+!N1%N%'+)!5+))3E!iB!?%13'*!
B*1-(Hi!<6-56!5+&!@3!+553''3E!6313F!6**NF\\<<<#9+-+51+U*#5%H\;-))+93T13N+-1!
!
The Smart Farm Project!:!BIIMQJRS!CASE STUDY # 3 !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 89/124
!
!
!
! !
The Smart Farm Project!:!BIIMQJRS!CASE STUDY # 3 !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 90/124
!
!
Legal Assessment
X6-'!N1%N31*A!-'!%<&3E!@A!D5%**!B;31A#!BN+1*!U1%H!+!H%1*9+93!%&!*63!N1%N31*AG!-*!-'!(&3&5(H@313E#!X63!
N1%N31*A!-'!5(113&*)A![%&3E!*%!+))%<!/!'-&9)3TU+H-)A!E<3))-&9'G!+&E!H+A!+)'%!+))%<!9(3'*!%55(N+&5A#!X63!
N)+&!U%1!*6-'!N1%N31*A!<%()E!@3!*%!6+;3!+!53&*1+)!6%H3!<-*6!+NN1%V-H+*3)A!.!'(-*3'!+1%(&E!+!'6+13E!
)-;-&9!'N+53G!-&5)(E-&9!+!'6+13E!2-*563&#!X6-'!H+A!@3!+56-3;+@)3!<-*6!13)+*-;3)A!)-**)3!56+&93!*%!*63!
[%&-&9#!X63!5(113&*![%&-&9!+NN3+1'!*%!+))%<!U%1!/!E<3))-&9'!6%('-&9!(N!*%!=!(&13)+*3E!-&E-;-E(+)'!3+56G!/!
U+H-)-3'!(&E31!'(@'35*-%&!+ZG!%1!+!U+H-)A!(&E31!'(@'35*-%&!+Z!N)('!+!6%('36%)E!%U!(N!*%!=!(&13)+*3E!
-&E-;-E(+)'#!R&!+EE-*-%&G!(N!*%!/!@%+1E31'!+13!+))%<3E#!R*!*6('!+NN3+1'!*6+*!*63!N1%N31*A!-'!5(113&*)A!
[%&3E!*%!+))%<!(N!*%!"/!%1!H%13!-&E-;-E(+)'!*%!)-;3!*6313#!
X63!N)+&!U(1*631!5%&*3HN)+*3'!')33N-&9!5%**+93'!5)('*313E!+1%(&E!*63!H+-&!E<3))-&9!U%1!'6%1*T*31H!
@%+1E31'#!X6-'!<%()E!N%*3&*-+))A!13^(-13!+!56+&93!*%!*63![%&-&9G!+'!*63!4/!q%&3!%&)A!+))%<'!%&3!
r+(V-)-+1A!E<3))-&9!(&-*s!Y<6-56!-&5)(E3'!5%**+93'ZG!<6313!*63!N+153)!'-[3!3V533E'!/CCC!'^(+13!H3*13'#!R*!
-'!&%*!5)3+1!<63*631!*63![%&-&9!+))%<'!U%1!/!'-&9)3!U+H-)A!E<3))-&9'!+'!<3))!+'!+&!+(V-)-+1A!E<3))-&9!(&-*G!
N1%;-E3E!*63!N+153)!-'!913+*31!*6+&!.=CC!'^(+13!H3*13'!-&!'-[3G!%1!<63*631!*63!'35%&E!U+H-)A!E<3))-&9!-'!
H313)A!+;+-)+@)3!+'!+&!+EE-*-%&+)!%N*-%&G!-&'*3+E!%U!*63!+(V-)-+1A!E<3))-&9!(&-*#!
RU!*63!N1%N31*A!-'!-&*3&E3E!*%!@3!U+1H3E!5%HH315-+))AG!-*!<-))!13^(-13!13[%&-&9!*%!+))%<!+91-5()*(1+)!('3#!R*!
<%()E!+)'%!13^(-13!13[%&-&9!*%!+))%<!5%HH315-+)!'+)3'G!%*631!*6+&!*6%'3!-&5)(E3E!-&!*63!E3U-&-*-%&!%U!
+91-5()*(13#!
!
The Smart Farm Project!:!BIIMQJRS!
CASE STUDY # 3 !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 91/124
!
Feasibility Assessment !
X63!8%<31!4%+E!U+1H!6+'!*63!N%*3&*-+)!*%!'-9&-U-5+&*)A!-&513+'3!*63!)-H-*3E!3V-'*-&9!U+1H-&9!%N31+*-%&'!
+&E!*63!9%+)!<-*6!*63!DH+1*!?+1H!+NN1%+56!-'!*%!3VN+&E!+&E!-&&%;+*3!-&!*63!*AN3!%U!51%N'!+&E!
H3*6%E%)%9-3'!('3E#!!X63!U%5('!-'!%&!H-V3E!631@'!@%*6!-&!+!9133&6%('3!'3**-&9!+'!<3))!+'!-&!U-3)E!51%N!
N)+&*-&9'#!!R&!*63!U%))%<-&9!@(E93*!U%135+'*!<%12'633*G!+EE-*-%&+)!13;3&(3!'*13+H'!5+&!@3!'33&!*%!@3!
E3;3)%N3E!%;31!*-H3!-&5)(E-&9!+&&(+)!6%H3!U33'!U1%H!'H+))!+55%HH%E+*-%&!@(-)E-&9'!%&!*63!N1%N31*A!
*%!%UU'3*!13)+*3E!(*-)-*A!+&E!H+-&*3&+&53!5%'*'!+&E!*63!3;3&*(+)!-&5)('-%&!%U!*133!U1(-*!'+)3'!-&!A3+1!>!%U!
*63!U%135+'*#!!R&!*6-'!H%E3)!+!)-H-*3E!91%<*6!%U!N1%E(5*-%&!;%)(H3'!+&E!-&U)+*-%&!%;31!*-H3!6+'!@33&!
+NN)-3E!+'!*63!H%E3)!-'!@+'3E!%&!+!'*3+EAT'*+*3!@+)+&53!<-*6!*63!H+b%1-*A!%U!N1%E(53!5%&'(H3E!@A!
U+H-)-3'!)-;-&9!%&!*63!N1%N31*A#!
R&!*6-'!H%E3)G!J-135*!*%!$%&'(H31!+&E!d6%)3'+)3!'+)3'!56+&&3)'!+13!13N)+53E!<-*6!*63!&%*-%&!%U!:&T
?+1H!$%&'(HN*-%&!Y5%&'(HN*-%&!+H%&9'*!*63!U+H-)-3'!)-;-&9!%&!*63!N1%N31*AZ!+&E!MV53''!I1%E(5*!D%)E!
:UUT?+1H!Y3V53''!N1%E(5*-%&!;%)(H3'!<6-56!<%()E!@3!H+123*3E!*%!5('*%H31'!%(*'-E3!%U!*63!-HH3E-+*3!
U+1H!5%HH(&-*AZ#!!B!&3<!13;3&(3!5+*39%1A!-'!('3E!*%!135%9&-[3!*63!;+)(3!%U!)+@%(1!U1%H!*63!U+H-)-3'!
)-;-&9!%&!*63!N1%N31*A!+&E!5%&*1-@(*3E!-&!*63!N1%E(5*-%&!+&E!6+1;3'*!%U!*63!;+1-%('!U+1H!N1%E(5*'#!!X6-'!
)+@%(1!;+)(3!-'!+)'%!-&5)(E3E!+'!+&!3VN3&'3!-&!*63!?+1H!d+93'!5+*39%1A#!
X6313!-'!+&!-&-*-+)!-&;3'*H3&*!%U!-&T2-&E!*-H3!+&E!13'%(153'!-&!U+1H!-&U1+'*1(5*(13!Y$13+*-;3!M^(-*A!
$%&*1-@(*-%&'Z!-&5(113E!*%!'6-U*!*%!H-V3E!631@!N1%E(5*-%&#!!X6-'!5%&*1-@(*3E!)+@%(1!+&E!'(NN)-3'!
5%HN%&3&*!%UU'3*'!*63!5+N-*+)!5%'*!%U!?+1H!:N31+*-%&'!$%'*'#!!X6-'!U+1H!'53&+1-%!-'!+)'%!'(NN%1*3E!@A!
*63!5%&'*1(5*-%&!%U!K!k!7!E3*+563E!@3E1%%H!'N+53'#!!X63!(&-*'!<%()E!@3!5%&'*1(5*3E!U1%H!)%5+)!
H+*31-+)'G!%U*3&!135A5)3E!@(-)E-&9!H+*31-+)'G!U(&E3E!@A!*63!U+H-)A!H%;-&9!-&!*%!('3!*63!'N+53#!!X63!
H%E3'*!;+)(3!%U!W%H3!:<&31!$%&*1-@(*-%&'!+@%;3!*63!5%'*!%U!H+*31-+)'!<%()E!9%!*%!*63!)+&ET%<&31!
*%<+1E'!*63!N13N+1+*-%&!%U!*63!'-*3!U%1!*63!@(-)E-&9#!!!
B&&(+)!N+AH3&*'!%&!*63!3V-'*-&9!H%1*9+93!)%+&!+13!'(UU-5-3&*)A!5%;313E!@A!*63!&3*!5%&*1-@(*-%&'!U1%H!
U+1H-&9!%N31+*-%&'!-&!3+56!A3+1!9%-&9!U%1<+1E#!!:&!*63!@+'-'!%U!*63!-&U%1H+*-%&!U%1!*6-'!'53&+1-%G!-*!
+NN3+1'!13+'%&+@)3!*6+*!*63!+EE-*-%&!%U!'%H3!E3*+563E!@3E1%%H!'N+53'!<-))!@1-&9!+EE-*-%&+)!U+H-)-3'!*%!
*63!N1%N31*A!+&E!<-))!'(NN%1*!3VN+&E3E!+&E!E-;31'3!U+1H-&9!%&!*6-'!N1%N31*A!%&!+!'('*+-&+@)3!@+'-'!-&*%!
*63!U(*(13!%&!+!H%'*)A!5)%'3E!)%%N!5A5)3!%U!N1%E(5*-%&!+&E!5%&'(HN*-%&!%U!U+1H!N1%E(53#!
!
! !
The Smart Farm Project!:!BIIMQJRS!
CASE STUDY # 3 !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 92/124
!
!
Smart Farm Operations Model Annual Prod Increase 5% 0% 2% -2%
Lower Road (Scott & Dana) Annual Price Inflation 2% 2% 2% 2%Annual Cost Inflation 3% 2% 4% 3%Opening Year 1 Year 2 Year 3 Year 4 Year 5
Sources of CashRevenuesOn-Farm Consumption
Annual Crops 12,400 13,280 13,546 14,093 14,088Animal Products 550 589 601 625 625Tree Fruit Production 0 0Annual Home Fees 8,000 8,160 8,490 8,486
Excess Production Sold Off-FarmAnnual Crops 23,000 24,633 25,126 26,141 26,130Animal Products 1,667 1,785 1,821 1,895 1,894Tree Fruit Production 0 0Home Fees 0 0 0 0
Value of On-site Contributed Labour 15,858 16,334 16,660 17,327 17,847Total Revenues 0 53,475 64,622 65,914 68,570 69,070
Direct Production ExpensesAnnual Crops 6,072 6,254 6,379 6,634 6,833Animal Products 1,050 1,082 1,103 1,147 1,182Tree Fruit Production 500 515Homes - Utilities 7,250 7,395 7,691 7,922
Total Direct Expenses 0 7,122 14,586 14,877 15,972 16,452
Gross Contribution from Operations 0 46,353 50,036 51,037 52,598 52,618
Farm ExpensesTotal Production Wages 17,963 18,502 18,872 19,627 20,216Management Wages 0 0 0 0General & Administrative 0 0 0 0Farm Supplies 800 824 840 874 900Marketing 0 0 0 0Vehicle Expenses 1,500 1,545 1,576 1,639 1,688Insurance 1,200 1,800 1,836 1,909 1,967Utilities 1,400 1,500 1,530 1,591 1,639
Total Farm Expenses 0 22,863 24,171 24,654 25,640 26,410Net Contribution from Operations 0 23,490 25,865 26,382 26,957 26,208
The Smart Farm Project!:!BIIMQJRS!
CASE STUDY # 3 !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 93/124
!
!
Smart Farm Operations Model Annual Prod Increase 5% 0% 2% -2%
Lower Road (Scott & Dana) Annual Price Inflation 2% 2% 2% 2%Annual Cost Inflation 3% 2% 4% 3%Opening Year 1 Year 2 Year 3 Year 4 Year 5
Net Contribution from Operations 0 23,490 25,865 26,382 26,957 26,208Capital Contributions
Creative Equity Contributions 15,500Farm Equity 325,000Farm GrantsHome Owner Contributions #1 25,000Home Owner Contributions #2 38,000Home Owner Contributions #3 35,000Farm Mortgage 175,000Home Construction Financing
Total Capital Contributions 515,500 98,000 0 0 0 0
Total sources of cash 515,500 121,490 25,865 26,382 26,957 26,208
Uses of cashCapital CostsHouse and Building Costs
Farm Value 500,000Home #1 Construction Costs 20,000Home #2 Construction Costs 35,000Home #3 Construction Costs 30,000Farm Buildings Costs
Farm Operations CostsFacilities Construction 12,450 10,000Farming Equipment Purchase 2,600Plant Supplies 0 330Livestock Purchase 200
Total Capital Cost 515,250 95,330 0 0 0 0Financing costs
Mortgage Payments 0 26,196 26,196 26,196 26,196 26,196 mortgage interest rate 5.00%Construction Financing Costs (int. only) 7.00% 0Farm Equity Returns
Total Financing costs 0 26,196 26,196 26,196 26,196 26,196
Total Uses of Cash 515,250 121,526 26,196 26,196 26,196 26,196
Increase (decrease) in cash flow 250 -36 -331 186 761 12
Opening cash position 0 250 214 -118 68 829
Closing cash position 250 214 -118 68 829 840
The Smart Farm Project!:!BIIMQJRS!
CASE STUDY # 3 !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 94/124
!
!
The Smart Farm Project !CASE STUDY # 4
LOCKYER RD, ROBERTS CREEK !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 95/124
!
Farm Plan
+0"&!M&+)-0,"0'*!B&!-1139()+1)A!'6+N3E!135*+&9)3!<6313!@A!*63!H-EN%-&*!-'!*63!&+11%<3'*G!+NN1%V-H+*3)A!>#=!+513'G![%&-&9!
4_"!-&!M)35*%1+)!B13+!J#!X63!'-*3!-'!93&31+))A!U)+*G!<-*6!%&3!'*3NT<-'3!')%N3!E%<&!-&!*63!H-EE)3!%U!*63!
N1%N31*AG!*63!)%<3'*!N%1*-%&!%U!*63!N1%N31*A!@3-&9!*63!&%1*6<3'*!5%1&31!<6313!+!H+&TH+E3!N%&E!-'!
)%5+*3E#!D%-)'!+NN3+1!*%!@3!;31A!9%%E!*%!9%%E!5+N+@-)-*A!U%1!+91-5()*(13#!D%H3!'*%&-&3''!-'!3VN35*3E#!X63!
13+1!^(+1*31!%U!*63!N1%N31*A!-'!;393*+*3E!<-*6!'61(@'G!@('63'G!+&E!*133'#!X63!H-EE)3!6+)U!-'!5)3+13E!<-*6!
'3;31+)!@(-)E-&9'!-&5)(E-&9!*63!H+-&!6%H3!+&E!)+193!'*(E-%#!X63!U1%&*!^(+1*31!%U!*63!N1%N31*A!-'!*133E!
<-*6!+!51332G!E1-;3<+A'!+&E!*63!3&*1+&53<+A#!R&!+EE-*-%&!*%!*63!51332!)%5+*3E!*%<+1E'!*63!U1%&*!%U!*63!
N1%N31*A!+!H+&TH+E3!N%&E!-'!)%5+*3E!-&!*63!&%1*6<3'*!5%1&31!+&E!E1+-&+93!E-*563'!+13!)%5+*3E!+)%&9!
*63!&%1*631&!N1%N31*A!)-&3#!
(#-/!30+0'*!X63!;-'-%&!U%1!*6-'!U+1H!N)+&!-&;%);3E!513+*-&9!+!E3'*-&+*-%&!U+1H!*6+*!<%()E!-&5%1N%1+*3!+!13*13+*!
53&*13G!+!N1%E(5*-%&!+13+G!+&E!+&!%NN%1*(&-*A!U%1!513+*-;-*A!*%!E3;3)%N#!R&'N-1+*-%&!<+'!E31-;3E!U1%H!
;+)(3T+EE3E!;393*+@)3!56-N!5%HN+&-3'!*6+*!5(113&*)A!3V-'*!-&!*63!I+5-U-5!Q%1*6<3'*#!X6313!<+'!E3'-13!*%!
(*-)-[3!*63!U+5-)-*-3'!*6+*!+)13+EA!3V-'*!%&!'-*3!Y-&E('*1-+)!2-*563&Z!*%!H+V-H-[3!13;3&(3!N%*3&*-+)#!B!2+)3!
56-N!N1%E(5*-%&!N)+&!<+'!E3;3)%N3E#!
)-',!,%#*!• BNN1%V-H+*3)A!6+)U!+&!+513!%U!2+)3!N1%E(5*-%&!*%!@3!('3E!*%!513+*3!2+)3!56-N'!U%1!'+)3!+*!*63!U+1H!
9+*3G!U+1H31'!H+123*'G!+&E!)%5+)!91%531A!'*%13'#!• MVN+&'-%&!%U!*63!2+)3!N1%E(5*-%&!+13+!-'!N%''-@)3!%&53!*63!@('-&3''!@35%H3'!3'*+@)-'63E#!• I%))-&+*%1'!Y6%&3A!@33'Z!<-))!@3!-&5)(E3E#!
• BEE-*-%&+)!51%N'!-&5)(E3!'*1+<@311-3'!+&E!9+1)-5!U%1!E-135*!H+123*!'+)3'#!
"67?!A;4D!E<;>!7?!5=DE47?9@!=A![!5=DE=>9>8?V!
• I6+'3!"F!D*1+<@311-3'G!9+1)-5G!+&E!+NN1%V-H+*3)A!/=!)+A-&9!63&'!U%1!U+1H!9+*3!'+)3'!+&E!U+1H31'!H+123*'#!!
• I6+'3!/F!L+)3!N1%E(5*-%&!U%1!E-135*!'+)3'!+&E\%1!*%!@3!('3E!U%1!+&!%&T'-*3!;+)(3T+EE3E!2+)3!56-N!@('-&3''#!X<%!6%%N6%('3'!<-))!@3!('3E!*%!'*+1*!2+)3!N)+&*'!+&E!3&'(13!+!5%&*-&(%('!1%*+*-%&#!X63A!H+A!+)'%!@3!('3E!*%!3&6+&53!'*1+<@311A!N1%E(5*-%&!%1!N1%E(53!+EE-*-%&+)!51%N'!'(56!+'!*%H+*%3'!+&E!5(5(H@31'#!
#++O/,"0'*+!• X63'3!3'*-H+*3'!+13!H3+&*!*%!N1%;-E3!+&!%;31+))!N-5*(13!%U!N%*3&*-+)!13;3&(3!%&)A#!• $%'*'!E%!&%*!-&5)(E3!N(156+'-&9!+&E!13N)+5-&9!56-523&'#!!• B!6-96!)3;3)!%U!6%1*-5()*(1+)!*1+-&-&9!+&E!'2-))'!+13!13^(-13E!*%!3&'(13!6-96!^(+)-*A!+&E!6-96!A-3)E!
YN+1*-5()+1)A!%U!'*1+<@311-3'Z#!• ]%%E!'-*3!'3)35*-%&!+&E!N13N+1+*-%&!<-))!@3!13^(-13E#!• g-9-)+&*!135%1E!233N-&9!%U!+))!+'N35*'!%U!%N31+*-%&!U1%H!N1%E(5*-%&!*%!H+123*-&9#!
The Smart Farm Project!:!BIIMQJRS!
CASE STUDY # 4 !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 96/124
!
• X63!5+)5()+*-%&'!+13!6-96!)3;3)!+&E!<%()E!13^(-13!U(1*631!+&+)A'-'!+*!*63!*-H3!%U!U+1H!E3;3)%NH3&*!*%!3&'(13!+55(1+5A#!!
• W%&3A!N1%E(5*-%&!+&E!*63!-&5)('-%&!%U!9%+*'G!N-9'G!%1!'633N!-&!*63!)%&931!*31H!+13!&%*!-&5)(E3E!-&!*63'3!-&-*-+)!13;3&(3!5+)5()+*-%&'#!
• $+N-*+)!-&;3'*H3&*!3'*-H+*3'!5+N*(13!%&3T*-H3!5%'*'!+&E!E%!&%*!-&5)(E3!%&9%-&9!H+-&*3&+&53!+&E\%1!)+@%(1!3VN3&'3'#!
• MVN3&'3'!+&E!13;3&(3'!U1%H!N%*3&*-+)!2+)3!56-N!@('-&3''!<-))!13^(-13!+!H%13!-&TE3N*6!@('-&3''!N)+&!@(*!1%(96!3'*-H+*3'!%U!'*+1*T(N!5%'*'!+&E!139()+*%1A!13^(-13H3&*'!+13!5+N*(13E!6313!
The Smart Farm Project!:!BIIMQJRS!
CASE STUDY # 4 !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 97/124 !
N+(#!A-B,+!
>*C,!S6YU!
>*C,!S-'5,2U!
95($!($#*(.2! A*),2#('L!($#*(.2! J,.'*./!5,a1*5,6,.#2!
1 960 0.24 Kale N/A Electric 2 800 0.20 Kale N/A Electric 3 620 0.15 Strawberries Chickens (for meat) or goats
(meat and cheese) Electric
4 N/A N/A N/A Chickens (layers), mobile grazing.
Electric
5 200 0.05 Garlic N/A Electric 6 1,000 0.25 N/A Goats, pigs, or sheep (small-
scale, long term) Electric
Hoophouse 1
128 0.03 Extension of kale season and tomatoes
N/A None
Hoophouse 2
128 0.03 Extension of kale season and tomatoes
N/A None
Bees N/A N/A Electric Other Red
circles Fruit and nut trees
!
,I#+&!Z!‒ !+"-#1$&--0&+B!P#-%0)B!#*M!&PP+!$(113&*)A!*6313!+13!&%!H+123*!'*1+<@311A!U+1H'!%&!*63!)%<31!D(&'6-&3!$%+'*G!*6313U%13!+&A!'*1+<@311A!
N1%E(5*-%&!-'!)-23)A!*%!'3))!<3))#!]+1)-5!+&E!U+1H!9+*3!399'!+13!@%*6!'%)E!+*!H%'*!D(&'6-&3!$%+'*!U+1H'!@(*!
*63A! +)'%! '3))! <3))! +&E! N1%;-E3! 9%%E! 13*(1&'! U%1! 13)+*-;3)A! )%<! )3;3)'! %U! 3UU%1*'! %&! *63! N+1*! %U! *63!
N1%E(531#!
+84;QG94479?!!! ! ! !
*=89?!!B13+!Y+513'Z!! C#"=!
! ! !I)%*!.!
!a-3)E!Y)@'\+513Z!! OGCCC!! ! !
!!!!
! ! ! !!!
!-9J9>:9?!! l!D;4N98! L79<@!g<G?i! ,4759!gkT<G?i! -9J9>:9! !!
!d6%)3'+)3!!! Cw! C! z/#=C! z!!!T!I1-53'!<-))!&33E!*%!@3!(NE+*3E!5)%'31!*%!6+1;3'*!*-H3!
!J-135*!0+123*!! "CCw! "/CC! z=#CC! zKGCCC!I1-53'!<-))!&33E!*%!@3!(NE+*3E!5)%'31!*%!6+1;3'*!*-H3!
!"=8;<!P4=??!-9J9>:9!!! ! !
k`Bfff! !!!!
! ! ! !!!
!M74958!&CE9>?9?!! :>78T;549! :>78T?789!,4759!
gkT:>78i! &CE9>?9! !!!I)+&*-&9!!!!
! ! ! ! !D-*3!I13N+1+*-%&!Y61'Z! "K! >! z"=#CC! zKC! !!$%HN%'*!YAE.Z! /C! .#C! z==#CC! z"K=! !!I)+&*-&9!)+@%(1!Y61'Z! "CC! "C#C! z"=#CC! z"=C! !!!!
! ! ! !!!
!0+-&*3&+&53!!! ! ! ! !?(3)!YX-))-&9!-&!8Z! P=! ">#/=! z"#>C! z/C! !!
43N+-1'!e! C! /! zKC#CC! z"/C! !!
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 98/124 !
0+-&*3&+&53!,-1E\+&-H+)!5%&*1%)! /C! .! zKC#CC! z"OC! Q3**-&9!+&E!1%<!5%;31'!d33E-&9\<+*31-&9!)+@%(1!Y61'Z! "CCC! "CC! z"=#CC! z"G=CC! !!!!
! ! ! !!!
!W+1;3'*-&9!!! ! ! !
!!X1(52-&9!YN31!)%+EZ! "! "/! zKC#CC! z7/C! !!W+1;3'*-&9!YN-353!1+*3Z! "C=CC! "=7=! zC#KC! zP>=! !!I+52+9-&9!Y5+1*%&'Z! "CCC! "=C! z"#CC! z"=C! !!"=8;<!9CE9>?9?!
! ! !k^BfZf! !!
!!! ! ! !
!!*98!-9J9>:9!
! ! !kZBjjf! !!
!
P;4<75!!! ! ! !
*=89?!!B13+!Y+513'Z!! C#C=!
! ! !I)%*!{=!
!a-3)E!Y)@'\+513Z!! 7G=CC!! ! !
!!!!
! ! ! !!!
!-9J9>:9?!! l!D;4N98! L79<@!g<G?i! ,4759!gkT<G?i! -9J9>:9! !!
!d6%)3'+)3!!! /=w! P.#7=! z.#/=! z.C=!I1-53'!<-))!&33E!*%!@3!(NE+*3E!5)%'31!*%!6+1;3'*!*-H3!
!J-135*!0+123*!! 7=w! /O"#/=! z7#CC! z"GPKP!I1-53'!<-))!&33E!*%!@3!(NE+*3E!5)%'31!*%!6+1;3'*!*-H3!
!X%*+)!]1%''!43;3&(3!!! ! !
z/G/7.! !!!!
! ! ! !!!
!M74958!&CE9>?9?!! :>78T;549! :>78T?789! ,4759!gkT:>78i! &CE9>?9! !!!I)+&*-&9!!!!
! ! ! !!!
D-*3!I13N+1+*-%&!Y61'Z! O! /! z"=! z.C! !!
]+1)-5!@()@'!Y)@'\"CCU*!1%<Z! =! .=! z"=! z=/=!
B''(H3'!"C!1%<'!%U!7C!U*!+&E!.#=)@'!N31!1%<!13^(-13E!U%1!N)+&*-&9!
$%HN%'*!YAE.Z! /C! "#C! z==! z==! !!I)+&*-&9!)+@%(1!Y61'Z! "CC! /#C! z"=! z.C! !!!!
! ! ! !!!
!0+-&*3&+&53!!! ! ! !
!!?(3)!YX-))-&9!-&!8Z! P=! >#7=! z"#>C! z7! !!43N+-1'!e!0+-&*3&+&53! C! /! zKC! z"/C! !!d33E-&9\<+*31-&9!)+@%(1!Y61'Z! /CC! />! z"=! z.KC! !!!!
! ! ! !!!
!W+1;3'*-&9!!! ! ! !
!!W+1;3'*!Y61'Z! .CC! .C! z"/#CC! z.KC! !!"=8;<!9CE9>?9?!
! ! !kZB^ba! !!
!!! ! ! !
!!*98!-9J9>:9!
! ! !kaba! !!
!
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 99/124 !
!
Chicken eggs
Notes !Q(H@31!%U!56-523&'!! /=!
! ! !I)%*!{>!
!M99!N1%E(5*-%&!Y399'\56-523&\<332Z!! >!
! ! !!!
!M99!N1%E(5*-%&!YE%[3&'\<332Z!! O!
! ! !!!
!M99'!A-3)E!YE%[3&'\A3+1Z!! >..#.!! ! !
!!!!
! ! ! !!!
!-9J9>:9?!!l!
D;4N98!L79<@!g@=hi!
,4759!gkT@=hi! -9J9>:9! !!
!J-135*!0+123*!! "CCw! >..#.! z=! z/G"K7! !!!X%*+)!]1%''!43;3&(3!!
! ! !z/G"K7! !!
!!! ! ! !
!!
!M74958!&CE9>?9?!! :>78?!!
,4759!gkT:>78i! &CE9>?9! !!
!?33E!+&E!$+13!!! ! ! !
!!
$6-523&!U33E! "=! "=! z=C! z7=C!
X6-'!5+&!@3!13E(53E!-U!56-523&'!<-))!@3!U133!1+&93!+&E!93*!H%'*!E-3*+1A!&33E'!U1%H!U%1+9-&9!
g3*31-&+1A\63+)*6! .! .! z"CC! z.CC! !!$%))35*-&9!+&E!N+52+9-&9!Y61'Z! =/! =/! z"/! zK/>! !!"=8;<!9CE9>?9?!
! ! !kZB`a^! !!
!!! ! ! !
!!*98!-9J9>:9!
! ! !k^j]! !!
!
"'"#%!,'"&*"0#%!#**O#%!*&"!-&3&*O&!(-'/!,I#+&!Z!D*1+<@311-3'F!z"PPC!
]+1)-5F!z7O7!
M99'F!z>P.!
"=8;<V!k]B[af!
! !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 100/124 !
,I#+&![!X!S#%&!)I0,!,-'MO)"0'*!!
'3&-30&1!!0+123*-&9!+&E!'+)3'!%U!;393*+@)3T@+'3E!56-N'!6+'!-&513+'3E!-&!*63!)+'*!"C!A3+1'G!<-*6!N1%E(5*'!1+&9-&9!
U1%H!@33*!56-N'G!'<33*!N%*+*%!56-N'G!*%!N+1'&-N!56-N'#!L+)3!56-N'!5+&!@3!U%(&E!+*!'N35-+)*A!13*+-)!'*%13'!
'(56!+'!63+)*6!U%%E!'*%13'!+'!<3))!+'!+*!H%13!H+-&'*13+H!91%531A!56+-&'!'(56!+'!d6%)3!?%%E'#!L+)3!
56-N'!+13!@+23EG!&%*!U1-3EG!+&E!5+&!*6313U%13!@3!H+123*3E!+'!+!63+)*6A!+)*31&+*-;3!*%!N%*+*%!56-N'#!
DN-53'!+&E!-&913E-3&*'!5+&!3+'-)A!@3!+EE3E!*%!513+*3!+&!+11+A!%U!U)+;%(1'#!I+5-U-5!Q%1*6<3'*!L+)3!$6-N'G!
@+'3E!-&!I%1*)+&E!:139%&!-'!%&3!3V+HN)3!%U!+!'H+))T'5+)3!'(553''U()!2+)3!56-N!N1%E(531#!X63-1!N1%E(5*'!
13*+-)!U%1!z7#PP!_DJ!U%1!+!7>!9!N+52+93!%U!2+)3!56-N'!Y%1!z=C\)@Z#!D+)3!N1-53'!+*!d6%)3!?%%E'!6+;3!@33&!
&%*3E!+*!E-'5%(&*3E!N1-53'!z=#CC!_DJ!U%1!+!7>!9!N+52+93!Y%1!z."#/=\)@Z#!X63!5%HN+&A!+)'%!'3))'!*63-1!
N1%E(5*!E-135*)A!*61%(96!%&)-&3!%1E31'!+*!+!N1-53!%U!zK#PP!_DJ!Y%1!z>.#KP\)@Z#!0%'*!2+)3!56-N!5%HN+&-3'!
N(156+'3!2+)3!U1%H!U+1H31'!E-135*)AG!*6313U%13!@A!%<&-&9!*63!U+1H!+&E!*63!@('-&3''!*63!%N31+*%1!5%()E!
)-23)A!'+;3!'%H3!5%'*'#!!
'8694!9C7?87>F!O+!N;<9!567E!5=DE;>79?!7>5<:@9V!• 4A*6AH!D(N31U%%E'!13*+-)-&9!%&)-&3!U%1!zO#.C!U%1!/!%[!%1!zKK\)@!@+'3E!-&!B('*-&G!X3V+'#!!• ,1+Ef'!4+<!?%%E'!13*+-)-&9!%&)-&3!U%1!z7#PP!U%1!/#=!%[\7C#O!9!%1!z="\)@!@+'3E!-&!I-N31';-))3G!
I3&&'A);+&-+#!• M+1*6!$6-N'!@A!,)(3!0%(&*+-&!:19+&-5'!13*+-)-&9!%&)-&3!U%1!z>#P=!U%1!.!%[!%1!z/K#=C\)@!@+'3E!-&!
?)%AEG!g-19-&-+#!);>;@7;>!9C;DE<9?!=A!N;<9!567E?!7>5<:@9V!
• D%)+1!4+<!?%%Ef'!_)*-H+*3!L+)3!$6-N'!13*+-)-&9!U%1!zK#PPTzO#.O!YE3N3&E-&9!-U!N(156+'3E!%&)-&3!%1!-&!*63!'*%13Z!U%1!.#.=!%[!%1!z.>#P=Tz>"#PC\)@!@+'3E!-&!,%<H+&;-))3G!:&*+1-%!!
• ?%%E'!B)-;3!-&!]1-&E1%E!YQ%1*6!:2+&+9+&ZG!,$!H+23'!+&!rB))!W+-)!L+)3s!56-N!@(*!&%!-&U%1H+*-%&!<+'!U%(&E!+@%(*!N1-5-&9!%1!'*%13!)%5+*-%&'!%&)-&3#!
!
S#%&!)I0,!,-'MO)"0'*!,-')&++!X63!N1%53''!*%!H+23!2+)3!56-N'!-'!13)+*-;3)A!'*1+-96*U%1<+1E!+&E!E%3'&f*!13^(-13!+!)%*!%U!3^(-NH3&*#!X63!
1+<!2+)3!H('*!@3!<+'63E!+&E!*63&!@+23E!-&!+!5%HH315-+)T'5+)3!%;3&!%1!E36AE1+*%1#!X63!2+)3!)3+;3'!+13!
63+*3E!U%1!"7!6%(1'!+*!""/%?#!X63!H-&-H(H!3^(-NH3&*!&33E3E!U%1!N1%E(5-&9!2+)3!56-N'!-'!+!5%HH315-+)!
'5+)3!%;3&!%1!E36AE1+*%1G!+!)+193!13U1-931+*%1G!+&E!+!5%HH315-+)!<+'6-&9!'*+*-%&!Y'-&2Z#!J-'N%'+@)3!
(*3&'-)'!+&E!-&913E-3&*'!-&5)(E3!U)+;%(1-&9!-&913E-3&*'!Y'+)*G!&(*1-*-%&+)!A3+'*G!%*631!'N-53'Z!+&E!
N+52+9-&9#!I+5-U-5!Q%1*6<3'*!L+)3!$6-N'!'N3&*!+NN1%V-H+*3)A!zK=GCCC!_DJ!*%!-&-*-+))A!'3*!(N!*63-1!
N1%E(5*-%&!'N+53#!B!'H+))T'5+)3!2+)3!56-N!@('-&3''!5%()E!)-23)A!3HN)%A!>T=!N3%N)3#!
!
S#%&!)I0,!$O+0*&++!/'M&%!$OMP&"!#++O/,"0'*+!• B!*+193*!1+<!2+)3!A-3)E!%U!"=GCCC!)@'\+513!%1!KGKCC!)@'!+*!*6-'!N+1*-5()+1!'-*3!YC#>>!+513'Z#!
The Smart Farm Project!:!BIIMQJRS!
CASE STUDY # 4 !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 101/124 !
• X+193*!N1-53!U%1!1+<!2+)3!'%)E!+*!*63!U+1H!9+*3!-'!z>#CC\)@#!• X+193*!N1-53!U%1!U-&-'63E!2+)3!56-N'!-'!z.=\)@!E-135*!H+123*!+&E!z.C\)@!<6%)3'+)3#!• X63!51%N!-'!91%<&!('-&9!%19+&-5!N1+5*-53'#!• "CC!)@'!%U!1+<!2+)3!x!>CC!%[!!Y/=!)@'Z!%U!2+)3!56-N'!
!
S;<9!W!M74958!&CE9>?9?!! :>78T;549! :>78T?789!,4759!
gkT:>78i! &CE9>?9!
!I)+&*-&9!!!!! ! ! !D-*3!I13N+1+*-%&!Y61'Z! "/C! =C! z"=#CC! z7=C!
$%HN%'*!YAE.Z! /C! "/#C! z!==#CC! zKKC!
! ! ! ! !!0+-&*3&+&53!!
! ! ! !?(3)!YX-))-&9!-&!8Z! P=! =C! z"#>C! z7C!
43N+-1'!e!0+-&*3&+&53! C! /! zKC#CC! z"/C!
,-1E\+&-H+)!5%&*1%)! /C! "C! z>C#CC! z>CC!
d33E-&9\<+*31-&9!)+@%(1!Y61'Z! "CC! =C! z"=! z7=C!
! ! ! ! !!W+1;3'*-&9!!
! ! ! !X1(52-&9!YN31!)%+EZ! "! "/! zKC#CC! z7/C!
I-52-&9!+&E!<33E-&9!Y61'Z! OCC! >CC! z"=#CC! zKGCCC!
,(&E)-&9!+&E!<+'6-&9!Y61'Z! >CC! /CC! z"=#CC! z.GCCC!
"=8;<!9CE9>?9?!! ! !
kZ[B^af!!
S#%&!)I0,!,'"&*"0#%!*&"!-&3&*O&!X%*+)!A-3)E!%U!1+<!2+)3!Y)@'ZF!KGKCC!X%*+)!A-3)E!%U!2+)3!56-N'!Y1+*-%!%U!1+<!*%!56-N'!-'!>F"Z!Y)@'ZF!"GK=C!J-135*!H+123*!'+)3'!Y=Cw!%U!'+)3'!+*!z.=\)@ZF!z/OGO7=!43*+-)!'+)3'!Y=Cw!%U!'+)3'!+*!z.C\)@'ZF!z/>G7=C!!X%*+)!91%''!13;3&(3F!z=.GK/=!X%*+)!3VN3&'3'F!z"/G>7C!!"=8;<!>98!49J9>:9V!k^ZBZ__!!!
*=89V!43;3&(3'!5%()E!@3!-&513+'3E!-U!+!913+*31!'6+13!%U!N1%E(5*!-'!'%)E!E-135*)A!*%!H+123*!1+*631!*6+&!*61%(96!
13*+-)31'#!X63!H+b%1-*A!%U!3VN3&'3'!+13!13)+*3E!*%!)+@%(1!+''%5-+*3E!<-*6!6+1;3'*-&9!*63!51%N!+&E!35%&%H-3'!5%()E!
@3!H+E3!-&!*6-'!139+1E!-U!*63!N1%E(5*-%&!+13+!-'!-&513+'3EG!N1%;-E-&9!3&6+&53E!35%&%H-3'!%U!'5+)3#
The Smart Farm Project!:!BIIMQJRS!CASE STUDY # 4 !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 102/124 !
-&cO0-&M!)#,0"#%!0*3&+"/&*"+!,6;?9!Z! )=?8! *=89!W%%N6%('3'! zOGCCC! !!
M^(-NH3&*!Y*-))31Z! z.GCCC! $%'*!5%()E!@3!13E(53E!@A!13&*-&9!
D*1+<@311A!N)+&*'! z=CC! D*1+<@311A!N)+&*'!<-))!N1%E(53!N313&&-+))A!
DH+))!*%%)'! z"GCCC! !!
?3&5-&9! zKGCCC! M)35*1-5!U3&5-&9!<-))!@3!13^(-13E!*61%(96%(*!*63!'-*3!
R11-9+*-%&! zKCC! R&U1+'*1(5*(13!Y6%'3'G!3*5Z!%&)A!
8-;3'*%52!'63)*31'! zKCC! 0%@-)3!91+[-&9!(&-*!U%1!56-523&'!+&E!63+*3E!5%%N'!
"=8;<! kZjBaff! !!
! ,6;?9![! )=?8! *=89!L+)3!56-N!3^(-NH3&*! z=CGCCC! J36AE1+*%1!+&E\%1!5%HH315-+)!%;3&G!<+'6!'*+*-%&!
$%)E!'*%1+93! z.GCCC! D*%1+93!%U!1+<!2+)3!+&E!-&913E-3&*'!
,(-)E-&9!13&%;+*-%&'! z=GCCC! X%!(N91+E3!2-*563&!U%1!5633'3!N1%E(5*-%&!
"=8;<! k_bBfff! !!!
-&+'O-)&+!d3@'-*3'!%U!2+)3!56-N!5%HN+&-3'!+&E!&3<'!'*%1-3'!13)+*3E!*%!2+)3!56-N!5%HN+&-3'!
6**NF\\<<<#%139%&)-;3#5%H\'H+))T@('-&3''\-&E3V#''U\/C".\C=\'%5-+)n5%&'5-%('&3''n-&U%1H'nN#6*H)!
<<<#N+5-U-52+)3#5%H!
6**NF\\<<<#@1+E'1+<56-N'#5%H\!
6**NF\\<<<#@)(3H%(&*+-&%19+&-5'#5%H\3+1*656-N'\!
6**NF\\'%)+11+<U%%E#5%H\!
6**NF\\<<<#U%%E'+)-;3#5+!
6**NF\\<<<#5*#5%H\&3<'\+E;%5+*3'\&HT6*/O2+)3T/C"/C7C.GCG>.K=>//#'*%1A!
!
!
!
!
!
The Smart Farm Project!:!BIIMQJRS!CASE STUDY # 4 !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 103/124 !
Designs !
X63!"=="!8%52A31!1%+E!N1%N%'+)!-'!+&!3V53))3&*!3V+HN)3!%U!+!1(1+)!N1%N31*A!<-*6!+!)+193!3V-'*-&9!
13'-E3&53#!!X6-'!-'!N1%@+@)A!*63!H%'*!5%HH%&!*AN3!%U!1(1+)!N1%N31*A!*6+*!<%()E!@3!5%&;31*3E!*%!+!DH+1*!
?+1H!N1%N31*A#!!X63!H+-&!5%&531&!U%1!*6-'!N1%N31*A!<+'!*%!-&;%);3!H%13!N3%N)3!-&!*63!U+1H-&9!@('-&3''!
<6-)3!&%*!9-;-&9!(N!%<&31'6-N!%U!*63!)+&E#!!B!'H+))!E(N)3V!-&!*63!'%(*6!<3'*!5%1&31!%U!*63!N1%N31*A!
513+*3E!*63!)3+'*!-HN+5*!%&!*63!U+1H-&9!+13+'!<6-)3!'*-))!5)('*31-&9!*63!6%H3'!+1%(&E!*63!3V-'*-&9!'3N*-5!
U-3)E!+13+#!!X63!E(N)3V!(&-*'!5%()E!@3!13&*3E!%1!'%)E!*%!%*631!N3%N)3!-&*313'*3E!-&!@3-&9!-&;%);3E!-&!*63!
U+1H!@('-&3''#!!X6-'!<%()E!63)N!513+*3!+!5%'*!3UU35*-;3!)-;-&9!+&E!@('-&3''!'3*!(N!U%1!+))!*63!N3%N)3!
-&;%);3E!-&!*6-'!N1%b35*#!!B!'-9&-U-5+&*!+H%(&*!%U!1%%U!+&E!91%(&E!<+*31!5+*56H3&*!+&E!'*%1+93!<+'!
-&5)(E3E!*%!13E(53!*63!+H%(&*!%U!<3))!<+*31!*6+*!<%()E!@3!('3E!-&!<+*31-&9!*63!U+1H+@)3!+13+'#!!
!
Legal Assessment
X6-'!N1%N31*A!-'!%<&3E!@A!,3*6!W+<*6%1&!+&E!4%@31*!D*(E31!+'!b%-&*!*3&+&*'#!X6313!+13!&%!)-3&'!%1!
5%;3&+&*'!%&!*63!)+&EG!+)*6%(96!*6313!+13!'%H3!13'*1-5*-%&'!*%!('3!13)+*3E!*%!'*13+H!'3*@+52'#!X6313!+13!
'*+*(*%1A!1-96*'!%U!<+A!%;31!*63!)+&E!U%1!,$!WAE1%!+&E!,$!X3)G!+&E!*63!E1-;3<+A!-'!'6+13E!<-*6!*63!
&3-96@%(1#!X6313!-'!+&!%(*'*+&E-&9!H%1*9+93!%&!*63!N1%N31*A#!X63'3!3&5(H@1+&53'!<-))!@3!)3''!)-23)A!*%!
N%'3!+!N1%@)3H!U%1!*63!%<&31'!-U!*63A!E%!&%*!-&*3&E!*%!'(@E-;-E3!%1!%*631<-'3!56+&93!*63!%<&31'6-N!
H%E3)!%&!*63!N1%N31*A#!
X63!N1%N31*A!+)13+EA!6+'!'3;31+)!U1(-*!*133'!+&E!1+-'3E!9+1E3&'!%&!-*G!+)%&9!<-*6!+!6%('3!+&E!'%H3!
%(*@(-)E-&9'#!X63!-&*3&E3E!E3;3)%NH3&*!%&!*63!N1%N31*A!-'!*%!513+*3!+!5%HH315-+)!U+1H-&9!+13+!%U!
+NN1%V-H+*3)A!%&3!+513G!<6-)3!3VN+&E-&9!&%&T+91-5()*(1+)!+5*-;-*-3'!'(56!+'!13*13+*'G!<%12'6%N'!+&E!
%*631!3;3&*'#!X63!%<&31'!<%()E!)-23!*%!@1-&9!+!U+1H31!-&!*%!<%12!*63!+91-5()*(1+)!)+&EG!+&E!<%()E!
N1%;-E3!%&3!6+)U!%U!+!E(N)3V!*63A!-&*3&E!*%!@(-)E!U%1!*63!U+1H31f'!13'-E3&53#!RE3+))AG!*63!%<&31'!<%()E!
3&*31!+!@('-&3''!13)+*-%&'6-N!<-*6!*63!U+1H31G!<6313-&!63!%1!'63!5%&*1-@(*3E!U+1H-&9!2&%<)3E93!<6-)3!
*63!%<&31'!5%&*1-@(*3E!@('-&3''!+&E!H+123*-&9!2&%<)3E93!*%!513+*3!+&E!H+123*!+!N1%E(5*!U1%H!<6+*!-'!
91%<&!%&!*63!5%HH315-+))A!U+1H3E!+513#!X63!<%12-&9!13)+*-%&'6-N!<-*6!*63!U+1H31!<%()E!)-23)A!@3!+!
N+1*&31'6-NG!+)*6%(96!*63!U+1H31!5%()E!+)'%!<%12!+'!+&!3HN)%A33!%U!*63!%<&31'#!
X63!13H+-&-&9!6+)U!%U!*63!E(N)3V!<%()E!@3!('3E!+'!+!@3E!+&E!@13+2U+'*G!+&E!'%H3!'3+'%&+)!
+55%HH%E+*-%&!U%1!'*(E3&*'!%1!*3HN%1+1A!U+1H!<%1231'G!-&!U%1H!%U!*3&*'!%1!rN%E'sG!<%()E!+)'%!@3!
-&5)(E3E#!
X63!N1%N31*A!<%()E!&33E!*%!@3!'(@E-;-E3E!*%!+))%<!U%1!+!*6-1E!13'-E3&53!@35+('3!-*!-'!5(113&*)A![%&3E!*%!
+))%<!+!E(N)3V!%1!*<%!13'-E3&*-+)!@(-)E-&9'G!+&E!+'!+@%;3G!*6313!<%()E!@3!+!&33E!*%!13[%&3!-U!*63!%<&31'!
-&*3&E3E!*%!3&9+93!-&!5%HH315-+)!'+)3'!%&!*63!N1%N31*A#!,%*6!+91-5()*(13!+&E!6%H3!%55(N+*-%&!+13!
The Smart Farm Project!:!BIIMQJRS!CASE STUDY # 4 !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 104/124 !
+)13+EA!+))%<3E!%&!*63!N1%N31*AG!H3+&-&9!*6+*!*63!-&*3&E3E!E3;3)%NH3&*!E%3'!&%*!9-;3!1-'3!*%!+&A!
'-9&-U-5+&*![%&-&9!5%&531&'#!X63!%<&31'!<%()E!&33E!*%!5%&'-E31!%*631!)39+)!^(3'*-%&'G!'(56!+'!+&A!
13^(-13H3&*'!5%&&35*3E!*%!%N31+*-&9!+!@3E!+&E!@13+2U+'*!%1!13*13+*'!+&E!%*631!3;3&*'G!@(*!-*!'6%()E!@3!
+!U3+'-@)3!%N*-%&#!!
B)*31&+*-;3)AG!*63!%<&31'!+13!5%&'-E31-&9!*63!%N*-%&!%U!513+*-&9!+!'*1+*+!U%1!*63!E(N)3VG!+&E!'3))-&9!%&3!
N+1*!%U!*63!'*1+*+!*%!*63!U+1H31#!X63!%*631!N+1*!5%()E!@3!13*+-&3E!@A!*63!%<&31'!+&E!3-*631!13&*3E!%(*!%1!
('3E!@A!*63H#!d6-)3!'(@E-;-'-%&!<%()E!13^(-13!H%13!)39+)!'*3N'G!-*!-'!+&%*631!;-+@)3!+)*31&+*-;3!U%1!*6-'!
N1%N31*A#!
!
Feasibility Assessment !
X63!U+1H!N1%N31*A!%&!8%52A31!4%+E!6+'!@33&!+&+)A[3E!%&!*63!@+'-'!%U!'*+1*-&9!(N!U+1H-&9!%N31+*-%&'!
+&E!)+(&56-&9!+!;+)(3T+EE3E!2+)3!56-N!N1%E(5*-%&!%N31+*-%&#!!X6-'!N1%;-E3'!U%1!'*1%&9!%N31+*-%&+)!
13;3&(3'!E31-;3E!%UU!*63!)+&E!-&!+&!3H319-&9!'35*%1!<-*6!+&!-&&%;+*-;3!N1%E(5*#!!D+)3'!%U!2+)3!56-N'!
5%HN1-'3!*63!@()2!%U!U+1H-&9!13;3&(3!+&E!3'*-H+*3'!%U!+''%5-+*3E!U+1H-&9!+&E!N1%E(5*-%&!5%'*'!6+;3!
@33&!-&5)(E3E!-&!*63!+**+563E!@(E93*!U%135+'*!<%12'633*#!!!X6313!-'!+!13^(-13E!-&;3'*H3&*!*%!'3*!(N!2+)3!
E1A-&9!%N31+*-%&'!+&E!*63!+@-)-*A!*%!@(-)E!+!*<%!(&-*!E(N)3V!13'-E3&*-+)!@(-)E-&9!N1%;-E3'!*63!&33E3E!
5+N-*+)!U%1!*6-'!*%!6+NN3&#!
X63!U%))%<-&9!@(E93*!U%135+'*!<%12'633*!E3H%&'*1+*3'!*6+*!U+1H-&9!%N31+*-%&'!<-))!*+23!*<%!A3+1'!*%!
1+HN!(N!*63!;%)(H3'!+&E!*%!@(-)E!'+)3'G!@(*!*6313+U*31!513+*3!+!'('*+-&+@)3!13;3&(3!'*13+HG!U())A!
5%;31-&9!+''%5-+*3E!U+1H-&9!+&E!N1%E(5*-%&!5%'*'#!!B!'*1%&931!-&-*-+)!-&513+'3!-&!N1%E(5*-%&!;%)(H3!-'!
-&5)(E3E!-&!*63!U-1'*!*6133!A3+1'!%U!%N31+*-%&!+'!*6-'!-'!&%*!+!5%HH%E-*A!N1%E(5*!+&E!3UU-5-3&5-3'!%U!
N1%E(5*-%&!+&E!'+)3'!;%)(H3!91%<*6!+13!+&*-5-N+*3E!*%!%55(1!%;31!+!)%&931!N31-%E!*6+&!<-*6!*63!%*631!
U+1H-&9!%N31+*-%&+)!H%E3)'!-&!*6-'!9(-E3#!
J3;3)%NH3&*!%U!*63!@(-)E-&9!'-*3'!+&E!5%&'*1(5*-%&!%U!*63!13'-E3&*-+)!(&-*'!-'!U(&E3E!('-&9!+!
5%&'*1(5*-%&!)%+&G!<6-56!-'!13N+-E!%&!'+)3!%U!*63!(&-*'#!!X63!3'*-H+*3E!5%'*'!U%1!5%&'*1(5*-%&!+13!@+'3E!
%&!13+'%&+@)3!H+123*!9(-E3)-&3'!<-*6!+))%<+&53!U%1!'-*3!N13N+1+*-%&G!'3N*-5!-&'*+))+*-%&G!3*5#!!X63!
+EE-*-%&!%U!+!<+*31!6%)E-&9!*+&2!U%1!3+56!%U!*63!13'-E3&*-+)!E<3))-&9'!%&!*63!N1%N31*A!<-))!N31H-*!5+N*(13!
%U!1+-&<+*31!+&E!3&6+&53!3&;-1%&H3&*+)!'('*+-&+@-)-*A!%U!*63!'-*3#!!:&53!+9+-&G!+UU%1E+@-)-*A!%U!*63!
6%('-&9!(&-*'!-'!+&!-HN%1*+&*!U+5*%1!+&E!*63!'3))-&9!N1-53!%U!z>CCGCCC!U%1!*63'3!"KCC!'^!U*!(&-*'!-'!'3*!
<-*6!*6-'!-&!H-&E#!
X6-'!N1%N31*A!-'!5(113&*)A!%<&3E!@A!*63!-&*3&E3E!)%&9T*31H!%N31+*%1'!%U!*63!U+1H!+&E!*6313U%13G!*6313!-'!
&%!U+1H!+5^(-'-*-%&!5%'*!-&5)(E3E!-&!*63!H%E3)#!!X63!+EE-*-%&+)!3^(-*A!E31-;3E!U1%H!*63!'+)3!%U!*63!*<%!
13'-E3&*-+)!(&-*'!<-))!'31;3!*%!13N+A!5%&'*1(5*-%&!U-&+&5-&9G!@(*!+)'%!13N+A!*63!E3@*!13)+*3E!*%!*63!
-&;3'*H3&*!-&!2+)3!N1%E(5*-%&!+&E!U+1H-&9!%N31+*-%&'#!!X63!+;+-)+@)3!z7=GCCC!%U!13'-E(+)!3^(-*A!+U*31!+))!
E3@*!13N+AH3&*!6+'!@33&!N13'3&*3E!+'!?+1H!M^(-*A!43*(1&'!+&E!<-))!@3!13*+-&3E!@A!*63!U+1H!%<&31'!*%!
The Smart Farm Project!:!BIIMQJRS!
CASE STUDY # 4 !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 105/124 !
'(NN%1*!N%*3&*-+)!3VN+&'-%&!%U!*63-1!3V-'*-&9!'*(E-%!U%1!3E(5+*-%&+)!+&E!3;3&*!N1%91+HH-&9!*63A!H+A!
%N31+*3!U1%H!*63!'-*3#!
X63!N1%N%'3E!;+)(3T+EE3E!+91-5()*(1+)!@('-&3''!%&!*6-'!'-*3!H+23'!+&!-&*313'*-&9!E-UU313&53!U1%H!*63!
%*631!U+1H-&9!'53&+1-%'!+&E!E3H%&'*1+*3'!*63!N%''-@-)-*-3'!%U!%;31)+A-&9!*6-'!*AN3!%U!%N31+*-%&!%&!+!
U+1H-&9!@+'3#!!83;31+9-&9!*63!13'-E3&*-+)!N1%N31*-3'!+553)31+*3'!*63!*-H3!U1+H3!U%1!-&;3'*H3&*!+&E!)-U*'!
*63!;+)(3T+EE3E!@('-&3''!%;31!*63!'*+1*T(N!6(HN!*%!N%'-*-;3!5+'6!U)%<#!!X6-'!'53&+1-%!N13'3&*'!+!'*1%&9!
+&E!U-&+&5-+))A!'('*+-&+@)3!U(*(13!<-*6!3&6+&53E!U+1H-&9!%&!+!5(113&*)A!(&E31(*-)-[3E!)+&E!@+'3#!
!
Smart Farm Operations Model Annual Prod Increase 20% 15% 5% 3%
This is it - Lockyer Road Annual Price Inflation 2% 2% 2% 2%Annual Cost Inflation 3% 2% 4% 1%Opening Year 1 Year 2 Year 3 Year 4 Year 5
Sources of CashRevenuesDirect to Consumer
Annual Crops 36,844 45,097 52,899 56,655 59,521Animal Products 2,167 2,652 3,111 3,332 3,501Tree Fruit Production 0 0 0 0 0Other 0 0 0 0
WholesaleAnnual Crops 25,055 30,667 35,973 38,527 40,476Animal Products 0 0 0 0 0Tree Fruit Production 0 0 0 0 0Other 0 0 0 0
Total Revenues 0 64,066 78,417 91,983 98,514 103,498
Direct Production ExpensesAnnual Crops 4,872 5,018 5,119 5,323 5,376Animal Products 1,050 1,082 1,103 1,147 1,159Treefruit Production 0 0 0 0 0Other Products 0 0 0 0
Total Direct Expenses 0 5,922 6,100 6,222 6,471 6,535
Gross Contribution from Operations 0 58,144 72,317 85,761 92,043 96,963
Farm ExpensesTotal Production Wages 38,719 39,881 40,678 42,305 42,728Management Wages 30,000 30,900 31,518 32,779 33,107General & Administrative 0 0 0 0Farm Supplies 1,000 1,030 1,051 1,093 1,104Marketing 5,000 5,150 5,253 5,463 5,518Vehicle Expenses 1,500 1,545 1,576 1,639 1,655Insurance 2,000 2,060 2,101 2,185 2,207Utilities 2,000 2,060 2,101 2,185 2,207Other Expenses 0 0 0 0
Total Farm Expenses 0 80,219 82,626 84,278 87,649 88,526Net Contribution from Operations 0 -22,075 -10,308 1,483 4,394 8,438
The Smart Farm Project!:!BIIMQJRS!
CASE STUDY # 4 !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 106/124 !
!
!
Smart Farm Operations Model Annual Prod Increase 20% 15% 5% 3%
This is it - Lockyer Road Annual Price Inflation 2% 2% 2% 2%Annual Cost Inflation 3% 2% 4% 1%Opening Year 1 Year 2 Year 3 Year 4 Year 5
Net Contribution from Operations 0 -22,075 -10,308 1,483 4,394 8,438Capital Contributions
Farm Loans 145,000 -145,000Farm Operation EquityFarm GrantsHome Purchase #1 400,000Home Purchase #2 400,000Home Purchase #3Farm MortgageHome Construction Financing 566,000 -566,000
Total Capital Contributions 145,000 566,000 89,000 0 0 0
Total sources of cash 145,000 543,925 78,692 1,483 4,394 8,438
Uses of cashCapital CostsHouse and Building Costs
Farm Purchase 0Home #1 Construction Costs 276,000Home #2 Construction Costs 276,000Purchase & install Water Tanks 0 4,000Water Tank platform 10,000
Farm Operations CostsFacilities Construction 14,600Farming Equipment Purchase 63,600Plant Supplies 500Livestock Purchase 250 100 100 100 100 100Vehicle Purchase 24,000
Total Capital Cost 102,950 566,100 100 100 100 100Financing costs
LoanPayments 0 18,455 3,691 0 0 0 loan interest rate 5.00%Mortgage Payments 0 0 0 0 0 0 mortgage interest rate 5.00%Construction Financing Costs (int. only) 7.00% 19,810 7,924Farm Equity Returns 75,000
Total Financing costs 0 18,455 78,691 0 0 0
Total Uses of Cash 102,950 584,555 78,791 100 100 100
Increase (decrease) in net project cash flows 42,050 -40,630 -100 1,383 4,294 8,338
Opening cash position 0 42,050 1,420 1,320 2,703 6,997
Closing cash position 42,050 1,420 1,320 2,703 6,997 15,335
The Smart Farm Project!:!BIIMQJRS!
CASE STUDY # 4 !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 107/124 !
! !
The Smart Farm Project !ADDITIONAL DESIGN NOTES By BRIAN SILVER
!
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 108/124 !
SMART FARM HOME BUILDING SYSTEMS COMPARISON
:&3!%U!*63!H%'*!-HN%1*+&*!E35-'-%&'!N1%'N35*-;3!DH+1*!?+1H31'!<-))!H+23!-'!<6+*!5%&'*1(5*-%&!H3*6%E!
*63A!<-))!('3!*%!@(-)E!*63-1!6%('3!-&!*63-1!&3<!5%HH(&-*A#!!d%%E!U1+H3!5%&'*1(5*-%&!6+'!U%1!H+&A!A3+1'!
@33&!*63!H+-&!5%&'*1(5*-%&!56%-53!-&!Q%1*6!BH31-5+!+&E!6+'!@33&!*63!@+'-'!U%1!H+&A!%U!*63!
5%&'*1(5*-%&!139()+*-%&'!<3!<%12!<-*6-&#!R&!*63!)+'*!"=!*%!/C!A3+1'!*6313!6+'!@33&!+!E1+'*-5!-&513+'3!-&!
*63!5%&'*1(5*-%&!H3*6%E'!*6+*!N3%N)3!+13!('-&9!*%!@(-)E!*63-1!6%H3'#!!X63!U%))%<-&9!-'!+&!%(*)-&3!%U!
H+&A!%U!*63'3!@(-)E-&9!'A'*3H'!+&E!*63-1!+E;+&*+93'!+&E!E-'+E;+&*+93'#!
X63!U-1'*!U3<!@(-)E-&9!'A'*3H'!+13!H+&(U+5*(13E!5%&'*1(5*-%&!H3*6%E'!-&5)(E-&9!<%%E!U1+H3!
5%&'*1(5*-%&G!R$?!YR&'()+*3E!$%&513*3!?%1H'ZG!DRID!YD*1(5*(13E!R&'()+*3E!I+&3)!DA'*3HZG!+&E!'*+&E+1E!
5%&513*3!-&'()+*3E!%&!*63!3V*31-%1#!!X63!)+'*!U3<!@(-)E-&9!'A'*3H'!+13!&+*(1+)!@(-)E-&9!H3*6%E'!-&5)(E-&9!
5%@G!'*1+<T@+)3G!W3HN513*3!+&E!M+1*6'6-N!5%&'*1(5*-%&#!!:&3!%U!*63!H+-&!E-UU313&53'!@3*<33&!*63'3!
'A'*3H'!*6+*!-'!-HN%1*+&*!*%!5%&'-E31G!-'!*6+*!*63!H+&(U+5*(13E!5%&'*1(5*-%&!H3*6%E'!+13!93&31+))A!
H%13!5%'*)A!%&!*63!H+*31-+)!'-E3!@(*!13^(-13!)3''!)+@%(1!*%!@(-)E#!!d6-)3!*63!&+*(1+)!@(-)E-&9!H3*6%E'!
93&31+))A!5%'*!)3''!-&!H+*31-+)'!@(*!13^(-13!H%13!)+@%(1!*%!@(-)E#!!D%!-U!A%(!+13!<-))-&9!*%!E%!+!'-9&-U-5+&*!
+H%(&*!%U!*63!<%12G!%1!6+;3!H+&A!<-))-&9!63)N31'G!*63&!*63!&+*(1+)!@(-)E-&9!H3*6%E'!5+&!@3!H(56!)3''!
3VN3&'-;3#!!X63!H+&(U+5*(13E!@(-)E-&9!'A'*3H'!%&!*63!%*631!6+&E!+13!93&31+))A!H(56!H%13!'(-*3E!*%!
N3%N)3!<6%!+13!)%%2-&9!*%!6+&E!*63!3&*-13!N1%53''!%;31!*%!+!@(-)E31!+&E!+13!)%%2-&9!*%!6+;3!*63-1!6%H3!
@(-)*!^(-52)A#!d6+*3;31!@(-)E-&9!'A'*3H!A%(!('3G!-*!-'!-HN%1*+&*!*%!5%&'()*!A%(1!)%5+)!9%;31&H3&*!%UU-53!
*%!H+23!'(13!*63A!+13!5%HU%1*+@)3!<-*6!A%(1!56%'3&!@(-)E-&9!'A'*3H#!!R*!-'!+)'%!+)<+A'!-HN%1*+&*!*%!
<%12!<-*6!+!E3'-9&31!+&E!+!@(-)E31!<6%!+13!@%*6!3VN31-3&53E!<-*6!*6+*!@(-)E-&9!'A'*3H!
1''M!(-#/&!)'*+"-O)"0'*!d%%E!U1+H3!5%&'*1(5*-%&!-'!%U!5%(1'3!*63!H%'*!5%HH%&!@(-)E-&9!'A'*3HG!+&E!-'!*6313U%13!;31A!%U*3&!*63!
'-HN)3'*!*%!<%12!<-*6!-&!+!*-H3)A!H+&&31#!d%%E!U1+H3!6+'!H+&A!E-'+E;+&*+93'!*6%(96!*6+*!+13!%U*3&!
%;31)%%23E#!!d-*6!*63!3;31T-&513+'-&9!139()+*-%&'!13^(-1-&9!<%%E!U1+H3!5%&'*1(5*-%&!*%!@3!+'!+-1!*-96*!+'!
N%''-@)3G!*63!5%'*!%U!<%%E!U1+H3!5%&'*1(5*-%&!6+'!-&513+'3E!E1+'*-5+))A#!
#@J;>8;F9?V!
• 0%'*!5%HH%&!+&E!<3))T2&%<&!@(-)E-&9!'A'*3H#!• $+&!@3!@(-)*!13)+*-;3)A!^(-52#!• M+'A!*%!13&%;+*3!%1!3VN+&E#!
!
M7?;@J;>8;F9?V!
• W-96!5%'*!*%!+56-3;3!+&!3UU-5-3&*!<3))!-&'()+*3E!+&E!+-1*-96*!6%H3#!• I1%E(53'!+!)%*!%U!<+'*3!-&!*63!5%&'*1(5*-%&!N1%53''#!
The Smart Farm Project!:!BIIMQJRS!ADDITIONAL DESIGN NOTES !
The Smart Farm Project!:!BIIMQJRS!ADDITIONAL DESIGN NOTES !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 109/124 !
• $%HN+1+*-;3)A!'6%1*!;-+@)3!)-U3'N+&#!• W-96!&(H@31!%U!H+&(U+5*(13E!H+*31-+)'!('3E!\!6-96!3&;-1%&H3&*+)!5%'*#!
!
0)(!g0*+O%#"&M!)'*)-&"&!('-/+i!R$?}'!5+&!@3!('3E!*%!@(-)E!+))!*63!3V*31-%1!<+))'!+&E!U%(&E+*-%&!<+))'!%U!+!6%('3!%1!('3E!-&!5%&b(&5*-%&!
<-*6!%*631!@(-)E-&9!'A'*3H'#!
#@J;>8;F9?V!
• g31A!E(1+@)3!)%&9!)+'*-&9!<+))!'A'*3H#!• W-96)A!-&'()+*3E!+&E!+-1*-96*!<+))#!• 8%<!'%(&E!*1+&'H-''-%&!Y@)%52'!'%(&E!U1%H!*63!%(*'-E3!;31A!3UU35*-;3)AZ#!• $+&!@3!@(-)*!^(-52)A#!
!
M7?;@J;>8;F9?V!
• 0+&(U+5*(13E!H+*31-+)'!('3E!Y5%&513*3!e!U%+H!U%1H'Z!\!H%E31+*3!3&;-1%&H3&*+)!5%'*#!• J-UU-5()*!*%!13&%;+*3!%1!3VN+&E#!• ]3&31+))A!6-9631!5%&'*1(5*-%&!5%'*#!
!
+0,+!g+"-O)"O-#%!0*+O%#"&M!,#*&%!+L+"&/i!DRID!5%&'-'*!%U!-&'()+*-%&!'+&E<-563E!@3*<33&!N)A<%%E!<-*6!'*1(5*(1+)!<%%E!'*(E'!-&*391+*3E!+'!
&33E3E#!!DRID!+13!+;+-)+@)3!U%1!<+))'G!U)%%1'G!+&E!1%%U'#!!X63A!+13!N13!@(-)*!@A!*63!H+&(U+5*(131!+&E!
+''3H@)3E!%&!'-*3#!
#@J;>8;F9?V!
• W-96)A!-&'()+*3E!+&E!+-1*-96*!<+))'G!U)%%1G!+&E!1%%U#!• $+&!@3!@(-)*!^(-52)A#!• I13!H+&(U+5*(13E!N+&3)'!\!H%E31+*3!*%!)%<!3&;-1%&H3&*+)!5%'*#!• D*1(5*(1+))A!'*1%&931!*6+&!<%%E!U1+H3#!• $+&!@3!^(-*3!+UU%1E+@)3!-U!E3'-9&3E!1-96*#!
!
M7?;@J;>8;F9?V!
• 43)+*-;3)A!&3<!@(-)E-&9!'A'*3H!*6+*!5%()E!N%*3&*-+))A!6+;3!'%H3!)%&9!*31H!N1%@)3H'#!• B!'-9&-U-5+&*!+H%(&*!%U!N13!N)+&&-&9!-'!&33E3E!*%!3&'(13!3;31A*6-&9!5%H3'!*%93*631!5%1135*)A#!• J-UU-5()*!*%!13&%;+*3!%1!3VN+&E#!
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 110/124 !
+"#*M#-M!)'*)-&"&!0*+O%#"&M!'*!"I&!&m"&-0'-!$%&513*3!<+))'!('3E!-&!+!N+''-;3!'%)+1!U%5('3E!6%H3!E3'-9&!%1!('3E!+'!+!63+*!<+))!Y6%*!<+*31!*(@3'!-&!
*63!5%&513*3!<+))Z!5+&!@3!+!;31A!3UU-5-3&*!+&E!5%'*!3UU35*-;3!@(-)E-&9!'A'*3H#!YD33!'+HN)3!5%HH(&-*A!
6%H3!U%1!*63!/P=C!8%<31!4%+E!DH+1*!?+1H!N1%N31*AZ!
#@J;>8;F9?V!
• g31A!E(1+@)3!+&E!)%&9!)+'*-&9#!!• I+''-;3!+&E!1+E-+&*!63+*-&9G!<6-56!N1%;-E3'!*63!H%'*!3UU-5-3&*!+&E!5%'*!3UU35*-;3!63+*-&9!
N%''-@)3#!• $+&!@3!@(-)*!^(-52)A#!• 8%<!'%(&E!*1+&'H-''-%&#!Y@)%52'!'%(&E!U1%H!3V*31-%1Z!• D*1(5*(1+))A!H(56!'*1%&931!*6+&!<%%E!U1+H3#!• $+&!@3!^(-*3!+UU%1E+@)3!-U!E3'-9&3E!1-96*#!
!
M7?;@J;>8;F9?V!
• J-UU-5()*!*%!13&%;+*3!%1!3VN+&E#!• I1%E(53'!+!H%E31+*3!+H%(&*!%U!<+'*3#!!• $%&513*3!+&E!'*33)!13-&U%15-&9!6+'!+!H%E31+*3!3&;-1%&H3&*+)!5%'*#!
!
)'$!!$%@!-'!+&!3+1*63&!5%&'*1(5*-%&!H3*6%E!5%&'-'*-&9!%U!5)+AG!'+&E!+&E!+&!%19+&-5!U-@31!'(56!+'!'*1+<!%1!
63HN#!!M+1*63&!5%&'*1(5*-%&!-'!%&3!%U!*63!H%'*!+&5-3&*!+&E!)%&9!)+'*-&9!5%&'*1(5*-%&!'*A)3'!+&E!6+'!
@35%H3!H%13!5%HH%&!-&!Q%1*6!BH31-5+!-&!*63!)+'*!/C!A3+1'#!
#@J;>8;F9?V!
• g31A!E(1+@)3!+&E!)%&9!)+'*-&9#!• g31A!-&3VN3&'-;3!H+*31-+)!5%'*'#!• g31A!)%<!3&;-1%&H3&*+)!-HN+5*#!• 8%<!'%(&E!*1+&'H-''-%&#!Y@)%52'!'%(&E!U1%H!3V*31-%1Z!• $%@!<+))'!+13!H+''!<+))'G!)-23!)%9!6%H3'G!+&E!E%!&%*!13^(-13!5%HN)-5+*3E!;+N%(1!@+11-31!
'A'*3H'#!• g31A!3+'A!*%!)3+1&!5%&'*1(5*-%&!H3*6%E#!
!M7?;@J;>8;F9?V!
• D)%<!@(-)E-&9!N1%53''!13^(-1-&9!+!)%*!%U!)+@%(1#!Y@3'*!U%1!'H+))!@(-)E-&9'Z!• Q%*!+!<3))!2&%<&!@(-)E-&9!'A'*3HG!'%!H%13!56+))3&9-&9!*%!U-&E!3VN31-3&53E!@(-)E31'!+&E!*%!H+23!
'(13!*63!)%5+)!9%;31&H3&*!-'!5%HU%1*+@)3!<-*6!*6-'!'A'*3H#!• 8%<!-&'()+*-%&!;+)(3G!13^(-13'!N+''-;3!'%)+1!E3'-9&!%1!1+E-+&*!63+*!'%(153!*%!@3!5%HU%1*+@)3#!• 43^(-13'!+!i9%%E!6+*!+&E!@%%*'s!)+193!%;316+&9!*%!233N!*63!1+-&!%UU!*63!<+))'!!
The Smart Farm Project!:!BIIMQJRS!
ADDITIONAL DESIGN NOTES !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 111/124 !
Y/mTKi!H-&-H(HZ!+&E!+!6-96!U%(&E+*-%&!*%!233N!*63!5%@!<+))'!%UU!*63!91%(&E#!!Y"mTKi!H-&-H(HZ!
!
+"-#1W$#%&!)'*+"-O)"0'*!D*1+<T@+)3!5%&'*1(5*-%&!5%&'-'*'!%U!'N35-+))A!5%HN13''3E!E3&'3!'*1+<!@+)3'!<-*6!+!<-13!H3'6!+&E!
5%&513*3!%1!5)+A!N)+'*31!'2-&!%&!*63!-&*31-%1!+&E!3V*31-%1#!!R*!5+&!@3!('3E!+'!-&U-))!<+))'!-&!+!N%'*!+&E!@3+H!
'*1(5*(13'!%1!+'!)%+E!@3+1-&9!<+))'!<63&!N13!'*13''3E!*%!3&9-&331'!'N35-U-5+*-%&'#!
#@J;>8;F9?V!
• g31A!6-96!-&'()+*-%&!;+)(3#!Y~4/#=\-&56Z!• $+&!@3!@(-)*!^(-52)A#!• 8%<!'%(&E!*1+&'H-''-%&#!Y@)%52'!'%(&E!U1%H!3V*31-%1Z!• $+&!@3!^(-*3!+UU%1E+@)3!-U!E3'-9&3E!1-96*#!• g31A!)%<!3&;-1%&H3&*+)!-HN+5*#!• ?-&-'63E!@+)3!<+))'!6+;3!+!6-96!U-13!13'-'*+&53!1+*-&9#!Y"!61!<-*6!3+1*63&!N)+'*31!\!! !!! !!
/!61!<-*6!53H3&*!N)+'*31Z!• 8%+E!@3+1-&9!'*1+<T@+)3!<+))'!6+;3!'6%<&!*%!N31U%1H!<3))!-&!3+1*6^(+23!! !! !!! !!
5%&E-*-%&'#!!
M7?;@J;>8;F9?V!
• Q%*!+!<3))!2&%<&!@(-)E-&9!'A'*3HG!'%!H%13!56+))3&9-&9!*%!U-&E!3VN31-3&53E!@(-)E31'!+&E!*%!H+23!'(13!*63!)%5+)!9%;31&H3&*!-'!5%HU%1*+@)3!<-*6!*6-'!@(-)E-&9!'A'*3H#!
• 43^(-13'!+!i9%%E!6+*!+&E!@%%*'s!)+193!%;316+&9!*%!233N!*63!1+-&!%UU!*63!<+))'!!Y/mTKi!H-&-H(HZ!+&E!+!6-96!U%(&E+*-%&!*%!233N!*63!5%@!<+))'!%UU!*63!91%(&E#!!Y"mTKi!H-&-H(HZ!
• 0%-'*(13!5%&*1%)!-'!-HN31+*-;3!'%!-*!-'!135%HH3&E3E!*%!233N!+))!<+*31!+&E!E1+-&+93!)-&3'!%(*!%U!*63!3V*31-%1!@+)3!<+))'#!
• !
I&/,)-&"&!)'*+"-O)"0'*!W3HN513*3!-'!+!H-V*(13!%U!63HN!U-@31'!+&E!53H3&*!%1!)-H3#!!X6313!+13!+!;+1-3*A!%U!H-V*(13'!@3-&9!
3VN)%13E!@A!63HN!@(-)E31'!+1%(&E!*63!<%1)E#!!W3HN513*3!-'!+&!3V5-*-&9!&3<!@(-)E-&9!'A'*3H!*6+*!6+'!
@%*6!-&'()+*-%&!^(+)-*-3'!+'!<3))!+'!*631H+)!H+''!^(+)-*-3'G!+)%&9!<-*6!@3-&9!H(56!H%13!3&;-1%&H3&*+))A!
'('*+-&+@)3!*6+&!5%&513*3#!!W3HN513*3!5+&!@3!('3E!+'!-&U-))!<+))'!-&!+!N%'*!+&E!@3+H!'*1(5*(13'!%1!+'!
)%+E!@3+1-&9!<+))'!<63&!H%13!'*1(5*(1+)!63HN513*3!H-V*(13'!*%!3&9-&331'!'N35-U-5+*-%&'!+13!('3E#!
#@J;>8;F9?V!
• 8%<!'%(&E!*1+&'H-''-%&#!Y@)%52'!'%(&E!U1%H!3V*31-%1Z!• g31A!)%<!3&;-1%&H3&*+)!-HN+5*#!• ?-&-'63E!<+))'!6+;3!+!6-96!U-13!13'-'*+&53!1+*-&9#!
The Smart Farm Project!:!BIIMQJRS!ADDITIONAL DESIGN NOTES !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 112/124 !
• ]%%E!*631H+)!H+''!^(+)-*-3'!+'!<3))!+'!-&'()+*-%&!^(+)-*-3'!Y~4"#=\-&56!! !!! !!! !!E3N3&E-&9!%&!H-V*(13Z!
• g31A!E(1+@)3!+&E!)%&9!)+'*-&9#!• $+&!@3!^(-*3!+UU%1E+@)3!-U!E3'-9&3E!1-96*#!
!M7?;@J;>8;F9?V!!
• Q%*!+!<3))!2&%<&!@(-)E-&9!'A'*3HG!'%!H%13!56+))3&9-&9!*%!U-&E!3VN31-3&53E!@(-)E31'!+&E!*%!H+23!'(13!*63!)%5+)!9%;31&H3&*!-'!5%HU%1*+@)3!<-*6!*6-'!@(-)E-&9!'A'*3H#!
• J-UU-5()*!*%!13&%;+*3!%1!3VN+&E#!• I1%E(53'!+!H%E31+*3!+H%(&*!%U!<+'*3#!YU%1H<%12Z!
!
&#-"I+I0,!)'*+"-O)"0'*!B!N+''-;3!'%)+1!E3'-9&3E!5%&'*1(5*-%&!H3*6%E!E3;3)%N3E!@A!0-56+3)!43A&%)E'!-&!X+%'G!Q3<!03V-5%G!
('-&9!H%'*)A!135A5)3E!H+*31-+)'#!!R*!-'!<%1*6!H3&*-%&-&9!@35+('3!%U!*63!+E;+&53E!N+''-;3!'%)+1G!
9133&6%('3'G!<+*31!5%))35*-%&!+&E!<+'*3!H+&+93H3&*!'A'*3H'!*6+*!+13!-&*391+*3E!-&*%!*63!M+1*6'6-N!
6%H3'#!!X63A!+13!*1(3!'3)U!'(UU-5-3&*!%UU!91-E!6%('3'G!<6-56!'6%()E!@3!+&!-&'N-1+*-%&!*%!+&A!U(*(13!DH+1*!
?+1H31#!!B!*1(3!M+1*6'6-N!6%H3!U+53'!'%H3!56+))3&93'!-&!*63!<3'*!5%+'*!5)-H+*3!-&5)(E-&9!H%-'*(13!
5%&*1%)!+&E!*63!)-H-*3E!+H%(&*!%U!'(&!6%(1'!*%!+))%<!*63!N+''-;3!%&)A!63+*-&9!E3'-9&!*%!<%12!3UU35*-;3)A#!!
d-*6!+!<3))!*6%(96*!%(*!E3'-9&G!N%''-@)A!-&*391+*-&9!'%H3!%U!*63!%*631!@(-)E-&9!'A'*3H'G!*63'3!M+1*6'6-N!
6%H3'!5%()E!@3!;31A!3UU35*-;3!U%1!DH+1*!?+1H31'#!YD33!*63!3V+HN)3!5%HH(&-*A!6%H3!U%1!*63!/P=C!
8%<31!4%+E!DH+1*!?+1H!N1%N31*AZ!
0+&A!%U!*63'3!@(-)E-&9!'A'*3H'!5+&!@3!5%H@-&3E!-&!3UU35*-;3!<+A'!*%!'+;3!5%'*'!+&E!H+23!+!6%H3!H(56!
H%13!3&;-1%&H3&*+))A!U1-3&E)A#!!$%@!5+&!@3!('3E!U%1!-&*31-%1!<+))'!*%!*+23!+E;+&*+93!%U!-*'!)-H-*)3''!
5(1;-)-&3+1!+&E!'5()N*(1+)!513+*-;3!N%*3&*-+)#!M+1*63&!U)%%1'G!<6-56!+13!3UU35*-;3)A!5%@!U)%%1'!'3+)3E!<-*6!
&+*(1+)!%-)'!+&E!U-&-'63E!<-*6!<+VG!+13!913+*!+)*31&+*-;3'!*%!U-&-'63E!5%&513*3!U)%%1'#!!$)+A!N)+'*31!<+))!
U-&-'63'!N1%;-E3!+&!3V53))3&*!+)*31&+*-;3!*%!N+-&*3E!E1A<+))#!!$)+A!N)+'*31'!5+&!@3!+NN)-3E!E-135*)A!%;31!
DRID!<+))'!+&E!53-)-&9'G!R$?!<+))'G!W3HN513*3!<+))'!+&E!5%&513*3!<+))'!%&!*63!-&*31-%1!%U!6%H3'!'+;-&9!
*63!5%'*!+&E!3&;-1%&H3&*+)!-HN+5*!%U!E1A<+))!+&E!N+-&*#!!X6313!+13!H+&A!H%13!513+*-;3!<+A'!%U!
-&*391+*-&9!&+*(1+)!@(-)E-&9!H+*31-+)'!-&*%!6%H3'!*6+*!+13!<%1*6!)%%2-&9!-&*%!+'!*63A!%U*3&!'+;3!
6%H3%<&31'!H%&3A!<6-)3!+EE-&9!+&!3V5-*-&9!513+*-;3!*%(56!*%!*63-1!6%H3#!
R&!5%&5)('-%&G!-*!-'!^(-*3!5%HH%&!U%1!N3%N)3!*%!@3)-3;3!*6+*!%&)A!<%%E!U1+H3!5%&'*1(5*-%&!<-))!@3!
+553N*3E!@A!*63-1!)%5+)!9%;31&H3&*#!!R&!+5*(+)-*A!<63&!N3%N)3!<%12!5%&'*1(5*-;3)A!<-*6!*63-1!E3'-9&31G!
3&9-&331G!@(-)E31!+&E!)%5+)!9%;31&H3&*!@(-)E-&9!%UU-5-+)'G!+!<-E3!1+&93!%U!@(-)E-&9!'A'*3H'!5+&!@3!('3E#!!
R*!-'!-HN%1*+&*!*%!)-'*3&!*%!A%(1!)%5+)!@(-)E-&9!%UU-5-+)'!5%&531&'!+&E!*%!<%12!<-*6!*63H!*%!3&'(13!*6+*!*63!
^(+)-*A!+&E!'+U3*A!-&*3&*-%&'!%U!*63!@(-)E-&9!139()+*-%&'!+13!'+*-'U-3E#!!d6+*3;31!@(-)E-&9!'A'*3H!A%(!
56%%'3!*%!('3!U%1!A%(1!6%H3!*6313!-'!+!<+A!3&'(13!*6+*!-*!-'!<3))!@(-)*G!'+U3!+&E!<-*6-&!A%(1!@(E93*!
! !
The Smart Farm Project!:!BIIMQJRS!ADDITIONAL DESIGN NOTES !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 113/124 !
0*"&-*&"!-&(&-&*)&+!!
6**NF\\3&#<-2-N3E-+#%19\<-2-\D*1(5*(1+)n-&'()+*3EnN+&3)!!YDRID!N+&3)!-&U%Z!
6**NF\\<<<#-&'()'N+%H!!
6**NF\\3&#<-2-N3E-+#%19\<-2-\R&'()+*-&9n5%&513*3nU%1H!!YR$?!?%1H'Z!
6**NF\\3&#<-2-N3E-+#%19\<-2-\$%@nH+*31-+)!!Y$%@!$%&'*1(5*-%&Z!
6**NF\\3&#<-2-N3E-+#%19\<-2-\M+1*63&nU)%%1!!
6**NF\\<<<#5%@<%12'#5%H!!
6**NF\\H(E9-1)'#<%1EN13''#5%H!!
6**NF\\3&#<-2-N3E-+#%19\<-2-\D*1+<T@+)3n5%&'*1(5*-%&!YD*1+<@+)3!$%&'*1(5*-%&Z!
6**NF\\&+*(1+)@(-)E-&95%+)-*-%+\E%5(H3&*'!!
6**NF\\<<<#35%@(-)E&3*<%12#%19\N1%b35*'\'*1+<T@+)3T5%E3T'(NN%1*-&9TE%5(H3&*'!!
6**NF\\'('*+-&+@)3<%12'#5+!!
6**NF\\3+1*6'6-N#5%H!!
6**NF\\3&#<-2-N3E-+#%19\<-2-\I+''-;3n'%)+1n@(-)E-&9nE3'-9&!!
6**NF\\3&#<-2-N3E-+#%19\<-2-\Q+*(1+)n@(-)E-&9!!
6**NF\\<<<#63HN513*3#5+\W%H3#6*H)!!
!
!
The Smart Farm Project!:!BIIMQJRS!
ADDITIONAL DESIGN NOTES !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 114/124 !
!
The Smart Farm Project !ADDITIONAL FARM NOTES By IONE SMITH
!
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 115/124 !
!
Farmland Trusts – An Overview
16;8!7?!;!(;4D<;>@!"4:?8d!?+1H)+&E!*1('*'!+13!-&E3N3&E3&*!&%&TN1%U-*!%19+&-[+*-%&'!<-*6!+!H+&E+*3!*%!N1%*35*!+&E!N13'31;3!
U+1H)+&E#!X6-'!-'!+56-3;3E!@A!%<&-&9!+&E!H+&+9-&9!U+1H)+&EG!6%)E-&9!5%;3&+&*'G!+&E\!%1!N1%;-E-&9!
-&U%1H+*-%&!+&E!'(NN%1*!U%1!U+1H)+&E!N1%*35*-%&!+&E!U+1H-&9#!?+1H)+&E!*1('*'!+13!93&31+))A!3'*+@)-'63E!
+'!N1-;+*3G!H3H@31T@+'3EG!&%&TN1%U-*!%19+&-[+*-%&'!<-*6!56+1-*+@)3!'*+*('#!X61%(96!+&!-&631-*+@)3!+&E!
13&3<+@)3!)%&9T*31H!)3+'3G!*63!*1('*!13H%;3'!)+&E!U1%H!*63!U133!H+123*!+&E!5+&!U+5-)-*+*3!H()*-N)3!('3'!
'(56!+'!+UU%1E+@)3!6%('-&9G!+91-5()*(13G!13513+*-%&G!+&E!5%&'31;+*-%&#!!
8%5+)!9%;31&H3&*'!Y139-%&+)!E-'*1-5*'!+&E!H(&-5-N+)-*-3'Z!6+;3!*63!H3+&'!+&E!+(*6%1-*A!*%!3&5%(1+93!
U+1H-&9!-&!*63-1!13'N35*-;3!b(1-'E-5*-%&'G!+&E!5+&!U+5-)-*+*3!+&E!'(NN%1*!513+*-%&!%U!5%HH(&-*AT-&-*-+*3E!
U+1H)+&E!*1('*'#!X%!U(1*631!*63!@3&3U-*!%U!5(113&*!+&E!U(*(13!93&31+*-%&'G!*63A!5+&!'3*!+'-E3!H%&3A!U%1!
U+1H)+&E!N13'31;+*-%&G!+&E!N+1*&31!N(@)-5!U(&E'!<-*6!139-%&+)!U+1H)+&E!*1('*!N1-;+*3!E%&+*-%&'!*%!1+-'3!
H%&3A!U%1!)+&E!+5^(-'-*-%&'#!$13+*-&9!+!U+1H)+&E!*1('*!+'!+&!+1H'T)3&9*6!%19+&-[+*-%&!%U!*63!)%5+)!
9%;31&H3&*!-'!<-*6-&!*63!b(1-'E-5*-%&!%U!)%5+)!9%;31&H3&*'!%&!*63!D(&'6-&3!$%+'*#!X63A!H+A!+)'%!
'(NN%1*!&%&T9%;31&H3&*+)!%19+&-[+*-%&'!*%!*+23!%&!*63!1%)3#!!
D3;31+)!1%)3'!U%1!U+1H)+&E!*1('*'!3V-'*G!-&5)(E-&9F!
• I(156+'-&9!U+1H)+&E!+&E!13'3))-&9!-*!U%1!)3''!*6+&!H+123*!;+)(3!<-*6!+!5%;3&+&*!%&!*-*)3!13^(-1-&9!
@3)%<TH+123*!'+)3!Y3#9#!13^(-13!*6+*!-*!@3!N(156+'3E\'%)E!+*!KCw!%U!H+123*!;+)(3Z!+&E!
N13;3&*-&9!'(@E-;-'-%&v!
• I(156+'-&9!U+1H)+&E!+&E!H+&+9-&9!-*!Y3&*31!-&*%!)%&9!*31H!)3+'3'!<-*6!U+1H31'Zv!
• I1%;-E-&9!)%<T-&*313'*!)%+&'!*%!&3<!U+1H31'v!
• 439-'*31-&9!+&E!6%)E-&9!5%;3&+&*'!%&!N1%N31*A!&%*!%<&3E!@A!*63!X1('*!Y+'!+!*6-1E!N+1*!<-*6!
13'N%&'-@-)-*A!U%1!H%&-*%1-&9Zv!
• :@*+-&-&9!U(&E'!U1%H!139-%&+)!+91-5()*(1+)!U33\)3;Av!
• ?+5-)-*+*-&9!*63!+5^(-'-*-%&!%U!U+1H)+&E!%1!5%;3&+&*'!*61%(96!+H3&-*A!@%&('!%1!+91-5()*(1+)!
)3;-3'!@3*<33&!)%5+)!9%;31&H3&*'v!
• J3)-;31-&9!+)*31&+*-;3!)+&E!('3!'31;-53!N1%91+H'!*6+*!5%HN3&'+*3!U+1H31'!U%1!*63!35%)%9-5+)!
9%%E'!+&E!'31;-53'!*6+*!*63-1!)+&E'!N1%;-E3!-&!*63!139-%&!%1!N+A-&9!*63H!*%!'%<!<-)E)-U3!%1!
<+*31U%<)T3&1-56-&9!51%N'!Y+'!H%E3)3E!@A!*63!J3)*+!?+1H)+&E!+&E!d-)E)-U3!X1('*Zv!+&E!
• _&E31*+2-&9!U+1H)+&E!N13'31;+*-%&!+&E!N(@)-5!3E(5+*-%&!+5*-;-*-3'#!!
?+1H)+&E!*1('*'!N1%;-E3!)%&9T*31H!)3+'3'!U%1!'35(13!*3&(13!%U!U+1H)+&E!+&E!6%('-&9!+&E!5+&!('3!13&*+)!
+9133H3&*'!*%!N1%H%*3!35%)%9-5+))AT'%(&E!U+1H-&9!H3*6%E'#!!R&E-;-E(+)!)3+'36%)E31'!('(+))A!%<&!*63!
@(-)E-&9'!+&E!%*631!-HN1%;3H3&*'!%&!*63!)+&E!513+*3E!@A!*63-1!)+@%(1!+&E!-&;3'*H3&*G!@(*!E%!&%*!%<&!
*63!)+&E!-*'3)U#!43'+)3!+9133H3&*'!%&!*63!@(-)E-&9'!3&'(13!*6+*!*63!)+&E!;+)(3!%U!+!'-*3!-'!&%*!-&5)(E3E!-&!
The Smart Farm Project!:!BIIMQJRS!ADDITIONAL FARM NOTES !
The Smart Farm Project!:!BIIMQJRS!
ADDITIONAL FARM NOTES !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 116/124 !
U(*(13!'+)3'G!@(*!1+*631!63)E!-&!N31N3*(-*A!%&!@36+)U!%U!*63!139-%&+)!5%HH(&-*A!k!*6313U%13!+UU%1E+@-)-*A!
-'!H+-&*+-&3E!%;31!*-H3#!
?+1H)+&E!*1('*'!%U*3&!%N31+*3!-&!N+1*&31'6-N!<-*6!%*631!%19+&-[+*-%&'#!?%1!-&'*+&53G!*63!U+1H)+&E!*1('*!
H+A!6%)E!*63!)+&E!<6-)3!+&%*631!%19+&-[+*-%&!Y5%HH(&-*A!)+&E!*1('*Z!H+&+93'!*63!N1%N31*AG!+&E!+!
5%%N31+*-;3!%19+&-[+*-%&!U+1H'!*63!)+&E#!?+1H)+&E!*1('*'!+)'%!%U*3&!<%12!'(553''U())A!-&!N+1*&31'6-N!
<-*6!*63!('3!%U!5%&'31;+*-%&!5%;3&+&*'#!X63'3!H356+&-'H'!+13!'-H-)+1!*%!*1+&'U31!%U!E3;3)%NH3&*!
513E-*'!-&!*6+*!*63!r1-96*s!%1![%&-&9!*%!E3;3)%N!*63!)+&E!-'!13H%;3E!U1%H!*63!N+153)#!R&!,#$#!'*+*(*%1A!
5%;3&+&*'!+13!139-'*313E!%&!*-*)3!N(1'(+&*!*%!'35*-%&!/"P!%U!*63!]&(=!R'"C$!I."#!$%;3&+&*'!5+&!@3!N%'-*-;3!
%1!&39+*-;3!-&!&+*(13G!U%1!3V+HN)3!13'*1-5*-&9!'(@E-;-'-%&!+&E!N%*3&*-+))A!13^(-1-&9!*6+*!)+&E!@3!('3E!U%1!
U+1H-&9#!$%;3&+&*'!H+A!@3!139-'*313E!-&!U+;%(1!%U!&%&T9%;31&H3&*+)!%19+&-[+*-%&'!%1!)%5+)!
9%;31&H3&*'!+'!*6-1E!N+1*-3'!*6+*!%;31'33!H+-&*3&+&53!%U!*63!5%;3&+&*!5%&E-*-%&'!%&!*63!N1%N31*A#!
X63A!H('*!H%&-*%1!*63!N1%N31*A!*%!3&'(13!*63!N1%N31*A!%<&31!%1!)3''33!-'!+E631-&9!*%!*63!5%;3&+&*#!!
$%;3&+&*'!1(&!<-*6!*63!)+&EG!H3+&-&9!*63A!+NN)A!*%!*63!)+&E!+&E!+5*-;-*-3'!%&!*63!)+&E!-113'N35*-;3!%U!
<6%!%<&'!-*#!W%<3;31G!*63A!+13!5%'*)A!*%!&39%*-+*3!+&E!139-'*31G!+&E!*63!+&&(+)!H%&-*%1-&9!13^(-13'!
%&9%-&9!U(&E-&9#!X63!N1-H+1A!@3&3U-*!%U!5%;3&+&*'!%&!&%&TB84!H+A!@3!*63-1!+@-)-*A!*%!N13;3&*!
'(@E-;-'-%&!%U!U+1H)+&EG!+&E!N%*3&*-+))A!13^(-13!U+1H!+5*-;-*-3'!%&!+!N+153)#!W%<3;31G!*6313!+13!&%!)39+)!
N1353E3&*'!U%1!*63!3&U%153H3&*!%U!N%'-*-;3!5%;3&+&*'!Y-#3#!13^(-13H3&*!*%!U+1HZ!-&!,#$#!B)'%G!*63!
B91-5()*(1+)!8+&E!$%HH-''-%&!-'!13)(5*+&*!*%!+NN1%;3!5%;3&+&*'!%&!B84!*6+*!H-96*!13'*1-5*!*63!1+&93!%U!
+91-5()*(1+)!('3'!*%!<6-56!*63!)+&E!H+A!@3!N(*!-&!*63!U(*(13G!U%1!3V+HN)3!@A!)-H-*-&9!U+1H!N1+5*-53'!*%!
%19+&-5!H3*6%E'#!
R&!:&*+1-%G!*63!N1%;-&5-+)!9%;31&H3&*!-&*1%E(53E!)39-')+*-%&!*6+*!+))%<'!U%1!+91-5()*(1+)!3+'3H3&*'!
Y'-H-)+1!*%!5%;3&+&*'Zv!6%<3;31G!E%&%1'!+13!'(@b35*!*%!5+N-*+)!9+-&'!*+V3'!%&!*63!E%&+*-%&!@35+('3!
(&E31!*63!R&5%H3!X+V!B5*!*63!)+&E%<&31!E-'N%'3E!%U!'%H3!;+)(3!%U!*63!)+&E#!X6-'!5%'*!-'!N+1*-+))A!%UU'3*!
@A!+!*+V!1353-N*!-''(3E!@A!*63!5%&'31;+*-%&!%19+&-[+*-%&!6%)E-&9!*63!3+'3H3&*G!+''3''3E!U%1!*63!
E-UU313&53!-&!)+&E!;+)(3!@3U%13!+&E!+U*31!*63!3+'3H3&*!<+'!N)+53E!%&!*63!E33E#!B!H+b%1!'*3N!*6+*!&33E'!
*%!@3!*+23&!-&!$+&+E+!*%!H+23!+91-5()*(1+)!3+'3H3&*'!H%13!'(553''U()!-'!*63!+E%N*-%&!%U!+!9-U*'!
N1%91+HG!'-H-)+1!*%!*6+*!('3E!U%1!35%)%9-5+))A!'3&'-*-;3!)+&E'G!*6+*!3)-H-&+*3'!*63!5+N-*+)!9+-&'!*+V#!
$%;3&+&*'!+13!*AN-5+))A!;+)(3E!('(+))A!+*!"=!k!=Cw!%U!*63!U())!H+123*!;+)(3!%U!*63!)+&E. B!)-H-*-&9!U+5*%1!
-&!*63!+@-)-*A!%U!5%;3&+&*'!*%!N1%*35*!+91-5()*(1+)!)+&E!-'!*6+*!*63A!+13!;%)(&*+1A#!X6313!-'!+)'%!*63!
N%''-@-)-*A!*6+*!*63!;+)(3!%U!)+&E!+Eb+53&*!*%!+!N+153)!N1%*35*3E!@A!+!5%;3&+&*\3+'3H3&*!<-))!-&513+'3!
E(3!*%!*63!9(+1+&*33!%U!*6+*!&3-96@%(1-&9!)+&E!<-))!&%*!@3!E3;3)%N3E#!X63!)%''!%U!-&5%H3!Y*61%(96!
13E(5*-%&!-&!N1%N31*A!*+V3'Z!*%!*63!;+1-%('!)3;3)'!%U!9%;31&H3&*!H+A!+)'%!)-H-*!'(NN%1*!U%1!*63!
)39-')+*-%&!56+&93'!13^(-13E!*%!H+23!*6-'!N1%91+H!U3+'-@)3#!
The Smart Farm Project!:!BIIMQJRS!
ADDITIONAL FARM NOTES !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 117/124 !
+84:58:49!;>@!F=J94>;>59!
?+1H)+&E!*1('*'!+13!*AN-5+))A!&%&TN1%U-*!%19+&-[+*-%&'!<-*6!56+1-*+@)3!'*+*('!+&E!*63!+(*6%1-*A!*%!6%)E!
5%;3&+&*'#!$6+1-*+@)3!'*+*('!+))%<'!U+1H)+&E!*1('*'!*%!-''(3!*+V!1353-N*'!U%1!E%&+*-%&'G!<6-56!63)N'!
+**1+5*!E%&+*-%&'!+&E!N1%;-E3'!H%13!E-;31'3!U(&E-&9!%NN%1*(&-*-3'#!R*!-'!E-UU-5()*!*%!^(+)-UA!U%1!56+1-*+@)3!
'*+*('!-&!$+&+E+G!+&E!5%()E!*+23!(N!*%!*<%!A3+1'!U%1!+NN1%;+)#!
!
D*3N'!-&!*63!?%1H+*-%&!%U!+!8+&E!X1('*!
"#!J1+U*!+!H-''-%&!+&E!'*+*3H3&*!%U!N(1N%'3!<-*6!5)3+1!%@b35*-;3'#!!
/#!$%&'-E31!A%(1!'*+*3H3&*!%U!N(1N%'3!-&!*63!5%&*3V*!%U!$+&+E+!43;3&(3!B93&5A!Y$4BZ!139()+*-%&'!
U%1!56+1-*+@)3!%19+&-[+*-%&'#!!
.#!J35-E3!+@%(*!H3H@31'6-N!+&E!H+&+93H3&*!%N*-%&'#!!
>#!4351(-*!N3%N)3!<-*6!*63!9%+)'!+&E!'2-))'!A%(!&33E!Y@%*6!U%1!*63!U%(&E-&9!@%+1E!+&E!U%1!U(*(13!
;%)(&*331'!%1!'*+UUZ#!!
=#!,35%H3!U+H-)-+1!<-*6!*63!0*.'$"'$,!I."G!E1+U*!+!5%&'*-*(*-%&!+&E!@A)+<'#!!
K#!BNN)A!U%1!-&5%1N%1+*-%&!(&E31!*63!0*.'$"'$,!I."#!!
7#!0+23!+NN)-5+*-%&!*%!$4B!U%1!$6+1-*+@)3!'*+*('#!!
O#!BNN)A!U%1!93&31+)!E3'-9&+*-%&!*%!6%)E!$%&'31;+*-%&!5%;3&+&*'#!!
!
RU!*63!)+&E!*6+*!+!5%HH(&-*A!91%(N!<+&*'!*%!H+&+93!-'!-&!*63!,$!B91-5()*(1+)!8+&E!43'31;3G!'N35-+)!
5%&'*1+-&*'!H+A!+NN)A!139+1E-&9!'(56!*6-&9'!+'!6%('-&9!+&E!*63!+NN)-5+@-)-*A!%U!5%&'31;+*-%&!5%;3&+&*'#!
B!U+1H)+&E!*1('*!5+&!b%-&!*63!8+&E!X1('*!B))-+&53!%U!,$!Y8XB,$Z!*%!63)N!@(-)E!N(@)-5!*1('*!-&!*63!3*6-5+)!
+&E!13'N%&'-@)3!%N31+*-%&'!%U!*63!%19+&-[+*-%&#!03H@31'!%U!*63!8XB,$!+13!13^(-13E!*%!U%))%<!*63!
$+&+E-+&!8+&E!X1('*!D*+&E+1E'!+&E!I1+5*-53'G!*63!3*6-5+)!+&E!*356&-5+)!9(-E3)-&3'!U%1!13'N%&'-@)3!
%N31+*-%&!%U!)+&E!*1('*'!-&!$+&+E+#!X63'3!9(-E3)-&3'!<313!E3;3)%N3E!@A!+&E!U%1!*63!)+&E!*1('*!
5%HH(&-*A#!!
!
The Smart Farm Project!:!BIIMQJRS!ADDITIONAL FARM NOTES !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 118/124 !
!
?-9(13!"#!?+1H)+&E!*1('*!9%;31&+&53!'*1(5*(13!
!
X63!MV35(*-;3!J-135*%1!-'!+!N+-E!+&E!%U*3&!U())T*-H3!N%'-*-%&#!R&!'H+))!U+1H)+&E!*1('*'G!MV35(*-;3!J-135*%1'!
5+&! @3! 13'N%&'-@)3! U%1! %19+&-[-&9! +&E! 1(&&-&9! N1%91+H'G! U(&E1+-'-&9G! 1351(-*-&9! +&E! H+&+9-&9!
;%)(&*331'G!N(@)-5! 5%HH(&-5+*-%&'G!@%%2233N-&9G!+&E!+))!%*631!&353''+1A!+5*-;-*-3'#! R&! )+1931! U+1H)+&E!
*1('*'!'*+UU-&9!5+&!1+&93!U1%H!'*(E3&*!-&*31&'!*%!U())T*-H3!H+&+931'#!
03H@31'!5+&!N)+A!23A!1%)3'!-&!9%;31&+&53!+&E!U-&+&5-+)!'('*+-&+@-)-*A#!03H@31'!H+A!@3!+'23E!*%!;%*3!
U%1! *63-1! ,%+1E! %U! J-135*%1'G! '31;3! %&! '(@5%HH-**33'G! ;%)(&*331! -&! N1%91+H'! +&E! N1%b35*'G! +&E!
N+1*-5-N+*3!-&!U(&E1+-'-&9#!Q%*!+))!U+1H)+&E!*1('*'!+13!H3H@31'6-NT@+'3E#!
!
$9>9A78?!=A!;!(;4D<;>@!"4:?8!
?+1H)+&E!*1('*'!5+&!N1%*35*!U+1H)+&E!+'!N+1*!%U!+!)+&E%<&31f'!'(553''-%&!N)+&!@AF!
• B553N*!56+1-*+@)3!9-U*'!%U!)+&E!%1!5+'6F!B55%1E-&9!*%!*63!<-'63'!%U!*63!
E%&%1G!9-U*'!%U!)+&E!5+&!@3!%<&3E!-&!*1('*!@A!*63!U+1H)+&E!*1('*G!%1!
6+;3!+!5%;3&+&*!N)+53E!%&!*63!)+&E!+&E!13'%)E!*%!U+1H31'#!$+'6!9-U*'!5+&!@3!E-135*3E!*%!)+&E!
N(156+'3!%1!%*631!U+1H)+&E!*1('*!+5*-;-*-3'!+'!E-135*3E!@A!*63!E%&%1#!
• :UU31!)-U3!3'*+*3'F!8-U3!3'*+*3'!*1+&'U31!%<&31'6-N!%U!*63!)+&E!*%!*63!U+1H)+&E!*1('*#!X63!U+1H31!
)-;3'!%&!*63!)+&E!U%1!*63-1!)-U3*-H3G!+&E!5+&!5%&*-&(3!*%!%N31+*3!*63!U+1H!%1!H3&*%1!U+1H31'!<6%!
)3+'3!*63!)+&E!U1%H!*63!U+1H)+&E!*1('*#!
,%+1E!%U!J-135*%1'!
BE;-'%1A!$%HH-�33!Y3VN31*'Z!
D(@5%HH-�33'!
MV35(Ä;3!J-135*%1!
g%)(&*331'! D*+Å!
03H@31'!
The Smart Farm Project!:!BIIMQJRS!
ADDITIONAL FARM NOTES !
The Smart Farm Project!:!BIIMQJRS!
ADDITIONAL FARM NOTES !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 119/124 !
• M&*31!-&*%!b%-&*!%<&31'6-NF!X63!)+&E%<&31!+&E!*63!U+1H)+&E!*1('*!+13!@%*6!)39+)!%<&31'!%U!*63!
)+&E#!X63!U+1H31!5%&*-&(3'!*%!H+&+93!*63!)+&E!+&E!1353-;3!+&A!-&5%H3!93&31+*3E!U1%H!*63-1!
@('-&3''#!_&E31!*63!1-96*!%U!'(1;-;%1'6-NG!*63!)+&E!<-))!&%*!@3!-&5)(E3E!-&!*63!3'*+*3!@(*!<-))!@3!
E-135*)A!*1+&'U3113E!*%!*63!U+1H)+&E!*1('*!<63&!*63!)+&E%<&31!N+''3'!+<+A#!
• B553N*!@3^(3'*'F!8+&E%<&31'!H+A!)3+;3!U+1H)+&E!*1('*'!)+&EG!5+'6G!%1!%*631!-*3H'!13)+*3E!*%!
N1%*35*-&9!U+1H)+&E!-&!*63-1!<-))#!
!
I%*3&*-+)!@3&3U-*'!*%!E%&%1'!H+A!-&5)(E3F!
• X+V!1353-N*!U%1!*63!;+)(3!%U!*63!)+&E!%1!5+'6!E%&+*-%&!YU+1H)+&E!*1('*!H('*!6+;3!56+1-*+@)3!
'*+*('Z!
• $%&*-&(3E!1-96*!*%!)-;3!%&!*63!)+&E!%1!*%!5%&*-&(3!*%!H+&+93!*63!)+&E!+&E!6%)E!*63!-&5%H3!
N1%E(53E!
• J%&%1!H+A!&%!)%&931!@3+1!*63!13'N%&'-@-)-*A!+&E!3VN3&'3!%U!)+&E!H+&+93H3&*!
• X63!)+&E!-'!&%!)%&931!+NN)-5+@)3!*%!*63!E%&%1f'!*+V+@)3!3'*+*3!%1!N1%N31*A!*+V3'!
• 8+&E!5%&*-&(3'!*%!@3!('3E!U%1!'('*+-&+@)3!+91-5()*(13!+&E!N1%*35*3E!U%1!U(*(13!93&31+*-%&'!%U!
U+1H31'!
!
:*631!@3&3U-*'!
• 8+&E!*1('*'!+13!U)3V-@)3F!*63A!+13!+@)3!*%!&39%*-+*3!<-*6!)+&E%<&31'!E-'5133*)AG!5%&U-E3&*-+))AG!
+&E!^(-52)Av!
• X63A!+13!'H+))!%19+&-[+*-%&'!<-*6!U3<!N1%53E(1+)!13^(-13H3&*'!+&E!5+&!93&31+))A!+5*!H%13!
^(-52)A!*6+&!9%;31&H3&*!+93&5-3'v!
• Q%*!'(@b35*!*%!56+&9-&9!N%)-*-5+)!-&U)(3&53'!+&E!N%)-5-3'v!
• X63A!+13!56+1-*+@)3G!&%&TN1%U-*!%19+&-[+*-%&'G!<6-56!N1%;-E3!-&5%H3!*+V!'+;-&9'!U%1!*6%'3!
5%&*1-@(*-&9!5+'6!+&E!U%1!*6%'3!E%&+*-&9!)+&E!%1!@(-)E-&9'v!
• X63A!6+;3!+!U+H-)-+1-*A!<-*6G!+&E!+!)%A+)*A!*%G!*63!)%5+)!+13+!+&E!+13!+@)3!*%!E1+<!%&!)%5+)!
;%)(&*331'!+&E!%*631!5%HH(&-*A!13'%(153'v!!
• X63A!+13!+@)3!*%!H+-&*+-&!5%&*1%)!%;31!)+&E!+&E!&+*(1+)!13'%(153'!+*!
*63!5%HH(&-*A!)3;3)#!!
!
)6;<<9>F9?!
• ?+1H)+&E!*1('*'!&33E!*%!13H+-&!U(&5*-%&-&9!+&E!U-&+&5-+))A!'('*+-&+@)3!-&!*63!)%&9T*31H!*%!U()U-))!
*63!13'N%&'-@-)-*-3'!%U!)+&E!%<&31'6-N!+&E!5%;3&+&*!H%&-*%1-&9#!!
The Smart Farm Project!:!BIIMQJRS!ADDITIONAL FARM NOTES !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 120/124 !
• B5^(-1-&9!5%;3&+&*'!%1!N1%N31*-3'!%U*3&!6+NN3&'!%;31!+!'6%1*!*-H3!U1+H3G!<6-56!-'!+!56+))3&93!
U%1!U(&E!1+-'-&9#!!
• R&!+EE-*-%&G!1+-'-&9!13;3&(3!*%!'(NN%1*!%N31+*-%&'!5+&!*+23!*-H3!+<+A!U1%H!)+&E!N13'31;+*-%&!
3UU%1*'!+&E!5%HN3*3!<-*6!%*631!)%5+)!%19+&-[+*-%&'#!
• :N31+*-&9!+!U+1H)+&E!*1('*!13^(-13'!E3N3&E+@)3!'%(153'!%U!13;3&(3!*%!N+A!E+AT*%E+A!
+EH-&-'*1+*-;3!+&E!N1%91+H!3VN3&'3'#!?%1!*6-'!13+'%&!H+&A!'H+))31!*1('*!N1%b35*'!N+1*&31!<-*6!
)+193!5%&'31;+*-%&!91%(N'!'(56!+'!X63!8+&E!$%&'31;+&5A!%U!,$G!R')+&E'!X1('*G!%1!*63!8+&E'!X1('*!
B))-+&53!%U!,$#!
• ?+1H)+&E!*1('*'!&33E!E-;31'3!'%(153'!%U!13;3&(3!*%!@3!U-&+&5-+))A!'('*+-&+@)3!+&E!13'-)-3&*!-&!
35%&%H-5!E%<&*(1&'G!'(EE3&!3;3&*'!5+('-&9!E+H+93!*%!N1%N31*-3'!Y-3#!U)%%E-&9G!U-13ZG!135+))!%U!
)%+&'G!+&E!N)+&&3E!E%&+*-%&'!*6+*!E%!&%*!H+*31-+)-[3#!
!
D%H3!'%(153'!%U!13;3&(3!-&5)(E3F!
• 03H@31'6-N!U33'!
• ]1+&*'!
• ?(&E1+-'-&9!5+HN+-9&'!
• J%&+*-%&'!+&E!@3^(3'*'!
• M;3&*'!
• M&E%<H3&*'!
• $%1N%1+*3!'N%&'%1'6-N'!
• ?33'!U%1!'31;-53'\!'+)3'!
• ?+1H)+&E!)3;A!%1!U33!Y+EH-&-'*313E!@A!*63!)%5+)!9%;31&H3&*Z!
• :*631!Y3#9#!U+1H)+&E!13&*+)!-&5%H3Z!
!
&C;DE<9?!=A!(;4D<;>@!"4:?8?!
X63!_D!Q+*-%&+)!8+&E!X1('*!$3&'('!Y/CC=Z!13N%1*'!5%&'31;+*-%&!%U!">GP7.G.KP!635*+13'!%U!)+&E!@A!%;31!
"GKCC!)+&E!*1('*'#!X6-'!-&5)(E3'!/G=CPGC="!635*+13'!(&E31!3+'3H3&*'#!:U!*6-'!)+&EG!+NN1%V-H+*3)A!7w!%1!
+@%(*!"#/!H-))-%&!635*+13'!+13!+**1-@(*3E!*%!U+1H'!+&E!(1@+&!9+1E3&'#!R&!*63!
_&-*3E!L-&9E%HG!H%13!*6+&!/CCGCCC!635*+13'!%U!)+&E!%<&3E!@A!*63!Q+*-%&+)!
X1('*!+13!('3E!@A!"G=CC!*3&+&*!U+1H31'!*%!N1%E(53!U%%E!+&E!N1%*35*!
5%&'31;+*-%&!;+)(3'#!B55%1E-&9!*%!*63!8+&E!X1('*!B))-+&53!%U!,$G!*6313!+13!+NN1%V-H+*3)A!.C!N1%;-&5-+)!
+&E!139-%&+)!)+&E!*1('*'!-&!,$#!
439-%&+))AG!&3<!U+1H)+&E!*1('*'!+13!U%1H-&9!-&!,$!*%!N1%*35*!U+1H)+&E!U%1!U+1H-&9!Y3#9#!X63!?+1H)+&E'!
X1('*!-&!$+N-*+)!439-%&+)!J-'*1-5*Z#!R&!+EE-*-%&G!*63!B13+!?+1H!I)+&!U%1!D+)*!DN1-&9!R')+&E!135%HH3&E'!+!
5%HH(&-*A!U+1H)+&E!*1('*!@3!U%1H3E!*%!+5^(-13!+&E!H+&+93!)+&EG!+11+&93!)3+'36%)E!+9133H3&*'G!+&E!
The Smart Farm Project!:!BIIMQJRS!ADDITIONAL FARM NOTES !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 121/124 !
3&'(13!*6+*!U+1H)+&E!63)E!@A!*63!*1('*!-'!+5*-;3)A!U+1H3E!-&!+&!3&;-1%&H3&*+))A!+&E!'%5-+))A!'('*+-&+@)3!
H+&&31#!X63!8+&E!$%&'31;+&5A!YR]-Z!6+'!'31;3E!+'!,$f'!N1%;-&5-+)!U+1H)+&E!*1('*!'-&53!/CC7#!X63!
:&*+1-%!?+1H)+&E!X1('*!-'!*63!%&)A!%*631!N1%;-&5-+)!U+1H)+&E!*1('*!-&!$+&+E+#!
!
J3)*+!?+1H!+&E!d-)E)-U3!X1('*F!E%3'&f*!%<&!)+&EG!%N31+*3'!+'!+!56+1-*+@)3!&%&TN1%U-*!'%5-3*AG!H+&+93'!
)3+'3'!+&E!5%&'31;+*-%&!N1%91+H'!<-*6!U+1H31'!%&!U+1H)+&E#!6**NF\\<<<#E3)*+U+1H)+&E#5+\!
?1+'31!g+))3A!$%&'31;+&5AF!*%!N1%*35*!U%13'*1A!+&E!+91-5()*(13G!)+&E!-'!63)E!@A!*63!9%;31&H3&*#!
6**NF\\U1+'31;+))3A5%&'31;+&5A#5+\!
]3&3'-'!8+&E!$%&'31;+&5A!YD+'2+*563<+&ZF!*%!N1%;-E3!+UU%1E+@)3!+91-5()*(13G!)+&E!-'!%<&3E!+&E!)3+'3E!
@+52G!5%1N%1+*3!&%&TN1%U-*!'*1(5*(13#!43)-9-%('!+UU-)-+*-%&#!
6**NF\\35%&3*#5+\'2n3&;-1%n56+HN-%&'\93&3'-'#6*H)!
6**NF\\U%13#13'3+156#A+)3#3E(\13)-9-%&\561-'*-+&-*A\N1%b35*'\93&3'-'n)+&E\!
$%)%1+E%!$+**)3H3&f'!B91-5()*(1+)!8+&E!X1('*F!I1%*35*-&9!%N3&!'N+53!@A!N13'31;-&9!+91-5()*(13#!,(E93*F!
PCw!3+'3H3&*'G!Ow!%(*13+56!+&E!3E(5+*-%&G!+&E!/w!%*631!'31;-53'#!6**NF\\<<<#55+)*#%19\!
$%&&35*-5(*!?+1H)+&E!X1('*F!$?Xf'!N1-H+1A!+5*-;-*A!-'!*%!+5*!+'!+!'*+*3T<-E3!13'%(153!*6+*!63)N'!U+1H31'!
N1%*35*! *63-1! )+&EG! H+N! %(*! +! N)+&G! +&E! +553''! 13'%(153'#! ,(E93*F! >Cw! N1%b35*! &39%*-+*-%&G! /=w!
U(&E1+-'-&9G! "Cw! +EH-&-'*1+*-%&G! /=w! %(*13+56! +&E! 3E(5+*-%&! <-*6! U+1H)+&E! -''(3'#!
6**NF\\5*U+1H)+&E#%19\!
8+&5+'*31!?+1H)+&E!X1('*!YI3&&'A);+&-+ZF!,(E93*F!!OCw!)+&E!N13'31;+*-%&G!/Cw!%(*13+56!+&E!3E(5+*-%&!
*%!U+1H31'G!'(NN%1*31'G!+&E!*63!93&31+)!5%HH(&-*A#!!6**NF\\<<<#)+&5+'*31U+1H)+&E*1('*#%19\!
0+-&3!?+1H)+&E!X1('*F!,(E93*F!.Cw!3+'3H3&*'G!.Cw!,(A\I1%*35*\D3))!N1%91+H!YN(156+'3!U+1H'G!N1%*35*!
<-*6!3+'3H3&*'G!13'3))!*%!U+1H31'ZG!.Cw!?+1H8-&2!N1%91+H!Y)-&2-&9!U+1H31'!+&E!)+&E%<&31'ZG!"Cw!
3E(5+*-%&!+&E!%(*13+56G!-&5)(E-&9!N13'3&*+*-%&'G!N1%91+H'G!&3<')3**31G!<3@!'-*3!
6**NF\\<<<#H+-&3U+1H)+&E*1('*#%19\!
:&*+1-%!?+1H)+&E!X1('*F!X63!:&*+1-%!?+1H)+&E!X1('*!Y:?XZ!-'!+!&%&TN1%U-*G!56+1-*+@)3!%19+&-[+*-%&!<6%'3!
H-''-%&!-'!*%!N1%*35*!+&E!N13'31;3!U+1H)+&E!+&E!*63!+''%5-+*3E!+91-5()*(1+)G!&+*(1+)!+&E!5()*(1+)!U3+*(13'!
%U!:&*+1-%m'!5%(&*1A'-E3!U%1!*63!@3&3U-*!%U!5(113&*!+&E!U(*(13!93&31+*-%&'#!,(E93*F!=Cw!3+'3H3&*'G!=Cw!
'(NN%1*-&9!U+1H31'!+&E!*63!;-+@-)-*A!%U!U+1H-&9!!6**NF\\<<<#%&*+1-%U+1H)+&E*1('*#5+\!
g31H%&*! 8+&E! X1('*F! D-&53! "P77G! g8X! 6+'! N31H+&3&*)A! 5%&'31;3E! H%13! *6+&! "GK=C! N+153)'! %U! )+&E!
5%;31-&9! H%13! *6+&! =CCGCCC! +513'G! %1! +@%(*! Ow! %U! *63! N1-;+*3G! (&E3;3)%N3E! )+&E! -&! *63! '*+*3#! X63!
5%&'31;3E! )+&E! -&5)(E3'! H%13! *6+&! 7CC! <%12-&9! U+1H'G! 6(&E13E'! %U! *6%('+&E'! %U! +513'! %U!
N1%E(5*-;3!U%13'*)+&EG! +&E! &(H31%('! N+153)'! %U!5%HH(&-*A! )+&E#! ,(E93*F! 7=w! 3+'3H3&*'G! =w!
3E(5+*-%&G!/Cw!'31;-53'G!)+193)A!U+1H)+&E!+553''!*%!U-1'*!*-H3!%<&31'#!6**NF\\<<<#;)*#%19\!
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 122/124 !
!
Q%1*631&!$+)-U%1&-+!?+1H)+&E!X1('*F!X63!Q%1*631&!$+)-U%1&-+!439-%&+)!8+&E!X1('*!<%12'!<-*6!)+&E%<&31'!
*%!;%)(&*+1-)A!N1%*35*!)+&E!+&E!&+*(1+)!13'%(153'G!-&5)(E-&9!+91-5()*(1+)!)+&E#!B!'-9&-U-5+&*!N%1*-%&!%U!*6-'!
<%12!-&5)(E3'!N(156+'-&9!N1%N31*-3'!<-*6!6-96!5%&'31;+*-%&!;+)(3'G!&39%*-+*-&9!5%&'31;+*-%&!3+'3H3&*'!
+&E! U+5-)-*+*-&9! )+&E! 3V56+&93'! +&E! )+&E! +5^(-'-*-%&'#! X61%(96! -*'! ?+1H)+&E! I1%91+H! +&E! 4+&93)+&E!
I1%91+HG! *63! *1('*f'! 5%&'31;+*-%&! N1-%1-*-3'! -&5)(E3! -11-9+*3E! U+1H)+&EG! 91+'')+&E'G! +&E! %+2! '+;+&&+6!
('3E!U%1! 1+&56-&9#!X63!*1('*!+)'%!(&E31*+23'! U33TU%1T'31;-53!<%12G!'(56!+'!N1%;-E-&9!N1%U3''-%&+)!%N3&!
'N+53!N)+&&-&9G! +5^(-'-*-%&G! +&E!H+&+93H3&*! '31;-53'! *%!E3;3)%N31'! +&E! )%5+)! 9%;31&H3&*#! D*+UU! +)'%!
N1%;-E3'!'*3<+1E'6-N!+&E!H%&-*%1-&9!'31;-53'#!6**NF\\<<<#)+&E5%&'31;+*-%&#%19\!
d-'5%&'-&! ?+1H)+&E! $%&'31;+&5AF! X63! I(156+'3! %U! B91-5()*(1+)! $%&'31;+*-%&! M+'3H3&*! YIB$MZ! 91+&*!
N1%91+H!N1%;-E3'!U(&E-&9!*%!13-H@(1'3!^(+)-U-3E!3&*-*-3'!TT!)+&E!*1('*'!%1!)%5+)!9%;31&H3&*'!TT!U%1!N+1*!%U!
*63!N(156+'3!N1-53!%U!+91-5()*(1+)!5%&'31;+*-%&!3+'3H3&*'!U1%H!<-))-&9!)+&E%<&31'#!!X63!J3N+1*H3&*!%U!
B91-5()*(13G!X1+E3G!+&E!$%&'(H31!I1%*35*-%&!YJBX$IZ!<-))!+EH-&-'*31!*63!13-H@(1'3H3&*!N1%91+HG!@(*!
<-))!&%*!6%)E!*63!5%&'31;+*-%&!3+'3H3&*'#!
6**NF\\<-'5%&'-&U+1H)+&E#%19\<%12-&9T)+&E'TN1%91+H'\N+53T-&T<-'5%&'-&\!
Q+*-%&+)!X1('*!Y_LZF!d3!N1%*35*!6-'*%1-5!6%('3'G!9+1E3&'G!H-))'G!5%+'*)-&3G!U%13'*'G!<%%E'G!U3&'G!@3+563'G!
U+1H)+&EG!H%%1)+&EG!-')+&E'G!+156+3%)%9-5+)!13H+-&'G!&+*(13!13'31;3'G!;-))+93'!+&E!N(@'#!X63&!<3!%N3&!
*63H!(N!U%1!3;31G!U%1!3;31A%&3#!6**NF\\<<<#&+*-%&+)*1('*#%19#(2\<6+*T<3TE%\!
?%1E6+))! ?+1H! Y_LZF! ?%1E6+))!:19+&-5! ?+1HG! -&!0+123*!J1+A*%&G!&%1*6! D61%N'6-13!6+'!@33&!%19+&-5! U%1!
%;31! K=! A3+1'#! d3! 13+1! 91+''! U3E! @33UG! )+H@! +&E! 9)%(53'*31! %)E! 'N%*! N%12#! BU*31! @3-&9! '+;3E! U1%H!
E3;3)%NH3&*!-&!/CCK!*61%(96!+!&+*-%&+)!5+HN+-9&G!-*!-'!&%<!M&9)+&Em'!U-1'*!5%HH(&-*AT%<&3E!U+1H!+&E!
%UU31'!+!<+1H!<3)5%H3!*%!+))#!6**NF\\<<<#U%1E6+))U+1H#5%H\-&E3V#N6N!
D%(*6!%U!*63!D%(&E!-&!d+'6-&9*%&!D*+*3G!_DF!I1%H%*-&9!;-@1+&*!)%5+)!U%%E!+&E!U+1H-&9!'A'*3H'!*61%(96!
5%HH(&-*A! '(NN%1*3E! U+1H)+&E! N13'31;+*-%&! '*1+*39-3'G! 3E(5+*-%&+)! %(*13+56G! +&E! N+1*&31'6-N'! *6+*!
-&513+'3!%NN%1*(&-*-3'!U%1!U+1H'!+&E!U+1H31'!*%!U)%(1-'6#!6**NF\\5%HH(&-*AU+1H)+&E*1('*#%19\!
R&E-+&! 8-&3F!0-''-%&! *%!H+-&*+-&! +!<%12-&9! U+1H! *61%(96! 5%HH(&-*AT'(NN%1*3E! +91-5()*(13#! ?%1TN1%U-*!
5%1N%1+*-%&#!6**NF\\<<<#-&E-+&)-&3U+1H#5%H\!
-9A949>59?!
$(11+&G!J#!+&E!X#!D*%@@3G!/C"/#!8%5+)!]%;31&H3&*!I%)-5A!:N*-%&'!*%!I1%*35*!B91-5()*(1+)!8+&E!+&E!RHN1%;3!*63!g-+@-)-*A!%U!?+1H-&9!-&!03*1%!g+&5%(;31#!I13N+13E!U%1!03*1%!g+&5%(;31#!!
J3;+&&3AG!0#!+&E!0#!0+A&+1EG!/CCO#!B!43;-3<!%U!R&-*-+*-;3'!R&*3&E3E!*%!$%&'31;3!B91-5()*(1+)!8+&E#!Q%;+!D5%*-+!B91-5()*(13F!R&E('*1A!J3;3)%NH3&*!e!,('-&3''!D31;-53'!,1+&56#!
]%1('56G!d#!+&E!4#!D5%**#!B!43;-3<!%U!?+1H)+&E!X1('*'G!/C"C#!X63!8+&E!$%&'31;+&5A!%U!,$!+&E!?+1H?%)2\$-*A?%)2#!$%HH(&-*A!?+1H'!I1%91+H#!
The Smart Farm Project!:!BIIMQJRS!
ADDITIONAL FARM NOTES !
The Smart Farm Project!:!BIIMQJRS!
ADDITIONAL FARM NOTES !
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 123/124 !
0+523&[-3G!,#!J+*3!(&2&%<&#!I1%*35*-&9!?+1H)+&E!U%1!?+1H31'F!8+&E!X1('*'!+&E!B553''!*%!8+&E#!:&*+1-%!?+1H)+&E!X1('*#!
43+23'G!g#G!/CC7#!M'*+@)-'6-&9!a%(1!$%HH(&-*A!?+1H!X1('*F!839+)!X%%)'!+&E!$%HN+1+*-;3!0%E3)'#!_&-;31'-*A!%U!g-5*%1-+F!M&;-1%&H3&*+)!8+<!$3&*13#!
,=89>87;<!(;4D7>F!D=@9<?!Q7867>!;!+:>?67>9!)=;?8!(;4D<;>@!"4:?8!+H?89D!0%E3)! J3'51-N*-%&! ]%;31&+&53! ,3&3U-*'! $%&'*1+-&*'! MV+HN)3'!
$%%N31+*-;3!5%HH(&-*A!U+1H!
$%HH(&-*A!U+1H'!-&5%1N%1+*3!+!<-E3!;+1-3*A!%U!+5*-;-*-3'!%&!+!'6+13E!)+&E!@+'3#!D%H3!-&-*-+*-;3'!H+A!-&5)(E3F!
T!?%%E!N1%E(5*-%&G!
T!M&;-1%&H3&*+)!3E(5+*-%&G!
T!B91-5()*(1+)!H3&*%1'6-N!+&E!*1+-&-&9G!!
T!$%&'31;+*-%&!%U!&+*(1+)!+&E!5()*(1+)!631-*+93G!+&E!!
T!:(*E%%1!13513+*-%&#!
X63!)+&E!-'!63)E!r-&!*1('*s!U%1!*63!5%HH(&-*A!@A!*63!5%%N31+*-;3!%1!@A!+!)+&E!*1('*!1+*631!*6+&!N1-;+*3)A!%<&3E#!X63!)+&E!-'!)3+'3E!Y%1!)-53&'3EZ!5%%N31+*-;3)A!@A!*63!91%(N!%U!U+1H31'!%1!+!)+1931!91%(N!%U!'6+136%)E31'#!!
$%HH(&-*A!U+1H-&9!-'!%&3!%U!*63!H%'*!;-+@)3!+&E!+UU%1E+@)3!<+A'!U%1!&3<!U+1H31'!*%!93*!-&*%!U+1H-&9!-&!,$#!
,3&3U-*'!-&5)(E3!'6+1-&9!%U!5%'*'!+&E!1-'2'G!'6+1-&9!%U!)+@%(1G!2&%<)3E93!+&E!3VN31-3&53#!!!
W%('-&9!&33E'!U%1!+))!5%HH(&-*A!U+1H!H3H@31'!H+A!&%*!@3!+@)3!*%!@3!H3*!%&!*63!U+1HG!E(3!*%!@(-)E-&9!13'*1-5*-%&'!%&!B84!)+&E#!
,3'*!'(-*3E!*%!+!'H+))!&(H@31!%U!U+1H31'!<-))!*%!H+23!+!)%&9T*31H!5%HH-*H3&*!*%!'*+A-&9!%&!*63!)+&E#!
]1%(N!5%63'-%&!+&E!13)+*-%&'6-N'G!'*1%&9!13^(-13H3&*!%U!+@-)-*A!*%!<%12!*%93*631#!$)3+1!'*1+*39-3'!U%1!@('-&3''!H+&+93H3&*!&33E!*%!@3!E3'-9&3EG!N1+5*-53'G!+&E!139()+1)A!3;+)(+*3E#!
X6313!+13!5(113&*)A!H%13!*6+&!/C!U+1H'!-&!,$!*6+*!6+;3!3VN31-3&53!+&E!2&%<)3E93!-&!5%T%N31+*-;3!5%HH(&-*A!U+1H-&9#!?+1H?%)2\$-*A?%)2!-'!+5*-;3)A!3&9+93E!-&!E3;3)%N-&9!+!$%HH(&-*A!?+1H'!Q3*<%12!U%1!,$#!X63A!-&5)(E3F!
])3&!g+))3A!:19+&-5!?+1H!$%%N31+*-;3G!B@@%*'U%1Ev!
8%6@1(&&31!?+1HG!8+&9U%1Ev!
L3+*-&9!$%HH(&-*A!?+1HG!J(&5+&v!
Q-5%H32)!$%HH(&-*A!:19+&-5!?+1HG!8+&9)3Av!
?1+'31!$%HH%&!?+1HG!B)E3191%;3v!
I1%;-E3&53!?+1HG!J(&5+&v!
D++&-56!:19+&-5'G!D++&-56G!,$v!
a+11%<!M5%Tg-))+93!Y-&5)(E3'!5%6%('-&9ZG!$6-))-<+52G!,$#!
B5*-;3!83+1&-&9!?+1H!!
83+1&-&9!U+1H'!%N31+*3!%&!*63!N13H-'3!*6+*!N1+5*-5+)!)3+1&-&9!+&E!
83+1&-&9!U+1H'!('(+))A!%N31+*3!+'!+!&%&TN1%U-*!'%5-3*A#!!!439-'*1+*-%&!56+193'!
I1%91+H'!5+&!@3!5%%1E-&+*3E!<-*6!)%5+)!'56%%)!E-'*1-5*'!*%!H33*!5(11-5()(H!
D('*+-&3E!U(&E-&9!-'!*63!@-993'*!56+))3&93#!4353&*)AG!,$f'!@3'*!2&%<&!3V+HN)3!%U!+&!
_,$!?+1HG!Yg+&5%(;31G!,$Zv!
8-&&3+!?+1H!Y$%1*3'!
The Smart Farm Project!!!!!!!!!!!!!!!!!! ! Appendix Page 124/124 !
6+&E'T%&!3VN31-3&53!+13!&353''+1A!3)3H3&*'!*%!513+*-&9!'('*+-&+@)3!5%HH(&-*-3'#!!
MV+HN)3'!%U!N1%91+H'!H+A!-&5)(E3F!
T?+1H31!X1+-&-&9!TD56%%)!I1%91+HH-&9!TL-E'!?+1H!$+HN!T]+1E3&-&9!5%(1'3'!
H+A!@3!&353''+1A!*%!5%;31!%N31+*-&9!5%'*'#!
!
13^(-13H3&*'#!
!
+5*-;3!)3+1&-&9!U+1HG!8-&&3+!?+1H!%&!$%1*3'!R')+&EG!6+E!*%!5)%'3!-*'!E%%1'!%&!-*'!N(@)-5!'56%%)!N1%91+H!E(3!*%!+!)+52!%U!U(&E-&9#!!
R')+&EG!,$Zv!
M;31E+)3!?+1H!YW-))'@(196G!:QZ#!
R&5(@+*%1!?+1H! B&!-&5(@+*%1!U+1H!6%'*'!+&E!*1+-&'!U+1H31'!+'!*63A!91%<!U%%EG!'6+13!3^(-NH3&*G!3'*+@)-'6!*63-1!H+123*'G!+&E!)3+1&!U1%H!*63-1!H-'*+23'G!'(553''3'!+&E!U3))%<!N1%E(531'#!X63&G!%&53!*63-1!@('-&3''3'!+13!;-+@)3G!*63A!U-&E!*63-1!%<&!)+&E#!
?+1H31'!5+&!@3!@1%(96*!-&*%!+!*-313E!N1%91+H#!R&-*-+))A!U+1H31'!+13!9-;3&!(N!*%!|!+513!%U!)+&E!*%!U+1H#!RU!*63-1!@('-&3''3'!N1%;3!*%!@3!'(553''U()!*63A!<-))!@3!-&;-*3E!*%!U+1H!(N!*%!=!+513'!U%1!(N!*%!/!A3+1'#!B!'3)35*!U3<!'(553''U()!U+1H31'!*63&!@35%H3!3)-9-@)3!*%!@3!+!03&*%1!?+1H31G!<-*6!)%&931!*31H!)3+'3'!%&!*63!)+&E!+&E!+)'%!H%13!13'N%&'-@-)-*-3'!U%1!+''-'*-&9!&3<!U+1H31'#!
R&5(@+*%1!?+1H!N1%91+H'!'(NN%1*!&3<!U+1H!3&*31N1-'3'!@A!%UU31-&9!+553''!*%!)+&EG!3^(-NH3&*!+&E!-&U1+'*1(5*(13!+*!13+'%&+@)3!1+*3'G!+)%&9!<-*6!@('-&3''!N)+&&-&9!'(NN%1*G!*356&-5+)!*1+-&-&9G!H3&*%1'6-N!+&E!3VN31-3&53!<-*6!35%)%9-5+)!+&E!3H319-&9!U+1H-&9!H3*6%E'#!
D%H3!9%;31&H3&*'!6+;3!@33&!5%&531&3E!*6+*!*63A!<%()E!93*!5%HN)+-&*'!U1%H!%*631!U+1H31'!+@%(*!9-;-&9!+<+A!)+&E!U%1!U133!Y%1!13E(53E!1+*3'Z!*%!&3<!U+1H31'!+&E!*6+*!-*!<%()E!@3!)+@3)3E!+'!(&U+-1!5%HN3*-*-%&#!W%<3;31!*6-'!5%&531&!13H+-&'!(&N1%;3&#!
$1-H3G!H%'*)A!*63U*!%U!3^(-NH3&*G!5+&!@3!+!N1%@)3H!@35+('3!*6313!H+A!&%*!@3!+&A%&3!)-;-&9!%&!*63!'-*3#!
X1+&'-*-%&!%UUT'-*3!+*!*63!3&E!%U!*63!-&5(@+*%1!*31H!-'!56+))3&9-&9!U%1!U+1H31'!+&E!13^(-13'!+NN1%N1-+*3!)3;3)'!%U!'(NN%1*!U1%H!*63!N1%91+H#!
X63!?+1HD*+1*!N1%91+H!-&!](3)N6G!:&*+1-%!-'!*63!H%'*!3'*+@)-'63E!$+&+E-+&!-&5(@+*%1!U+1H!N1%91+H!-&!$+&+E+#!
:*631!3V+HN)3'!-&5)(E3F!
4-56H%&E!?+1H!D56%%)!Y4-56H%&EG!,$Zv!
R&*31;+)3!?+1H'!I1%91+H!Y,(1)-&9*%&G!gXZv!
B91-5()*(13!+&E!8+&ET,+'3E!X1+-&-&9!B''%5-+*-%&!YD+)-&+'!g+))3AG!$BZv!
_$!?+1H!R&5(@+*%1!I1%b35*!YW(H@%)E*G!$BZv!!
Q3<!BH31-5+&!D('*+-&+@)3!B91-5()*(13!I1%b35*!Y83<'-*%&G!0MZ#!
!