As part of community town planning, an industrial estate was proposed for development on the outskirts of
Question:
As part of community town planning, an industrial estate was proposed for development on the outskirts of a growing township which was a two-hour commute from the Melbourne CBD. The estate required water and sewerage facilities to be provided. At this stage, the land featured native vegetation including a few big old gum trees, an old cave with Indigenous Australian artefacts, an old building near the cave and a local waterhole frequented by native wildlife.
As part of the estate development, the following factors were considered by the Council Water Board:
1. financial NPV
2. environmental impacts:
• land clearing
• discharges to the environment (liquid waste into sewerage drains; carbon dioxide emissions to air; noise pollution)
• water requirements
3. social impacts:
• Indigenous heritage
• European heritage
• community acceptance
The following two developments were submitted to the Council’s Water Board.
Required
(a) Which project should be accepted?
(b) Discuss the ramifications of each option.
Step by Step Answer:
Management Accounting
ISBN: 9780730369387
4th Edition
Authors: Leslie G. Eldenburg, Albie Brooks, Judy Oliver, Gillian Vesty, Rodney Dormer, Vijaya Murthy, Nick Pawsey