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3) State objectives and policies, including management principles, alternatives and modifications, water quality, and protection of natural characteristics; 4) Set forth a management plan, including the hydrologic and water quality conditions that will be sought and significant opportunities for improvement; 5) Describe the effect of the plan on existing drainage systems; 6) Describe conflicts, if any, between the watershed plan and existing plans of governmental units; 7) Establish a procedure providing for citizen and technical advisory committees or other means of public participation; 8) Set forth an implementation program consistent with the management plan, which includes a capital improvement program and standards and schedules for amending the comprehensive plans and officials controls of governmental units in the watershed to bring about conformance with the watershed plans; and 9) Set out a procedure for amending the water plan. The Plan shall be subject to the appropriate governmental unit review as required by the Act. Subdivision 6. Local Water Management Plan. After the adoption of a new or revised watershed management plan, each Member and any other local government unit within the Area shall review its local water management plan for changes needed for it to be consistent with the new or revised Watershed Management Plan. Each local water management plan shall include: 1) a description of the existing and proposed land uses; 2) a definition of drainage areas, including the volumes, rates and paths of stormwater runoff; 3) identification of areas and elevations for stormwater storage; 4) a description of water quality efforts which may be needed to implement the plan; and 5) an implementation program including official land use and developmental controls and a capital improvement program if needed. After consideration, but before adoption of a new or revised local water management plan by the governmental unit, each Member or any other governmental units in the Area shall submit its water management plan to the Board. The Board shall within sixty (60) days approve or disapprove the plan or parts thereof. If the Board fails to complete its review within the prescribed period, and unless an extension is agreed to by the Member or other local governmental unit, the local plan shall be deemed approved consistent with applicable state laws. Subdivision 7. Dispute Resolution for Water Plan Improvements Initiated. Appeals of Wetland Conservation Act decisions shall follow the procedure outline in MN Rules Chapter 8420.0250. Subdivision 8. Appeals of Decisions and Recommendations of the Commission. Members shall comply with Commission's detenninations as to the force and effect of the Watershed Management Plan, the Local Water Management Plans and any cost allocations for improvements initiated pursuant to these plans. Any governmental unit which disputes a determination of the Commission as to force and effect of the Watershed Management Plan, any Local Water Management Plan, or the cost allocations for improvements, initiated pursuant to these plans, may appeal the recommendation or decision to the Board within thirty (30) days of receipt of such written notice of such determination. Should the appeal not be completed to the satisfaction of all parties, a party may submit the Jdispute to arbitration. Arbitration shall be conducted in the following manner: 8