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State and Federal regulations under 27 CCR and 40 CFR, respectively. This plan <br /> is appended to the JTD. <br /> 4.5.2 CLOSURE/POST-CLOSURE FINANCIAL ASSURANCE <br /> In accordance with 27 CCR, Chapter 6, and 40 CFR, Subpart G, an operator <br /> must demonstrate financial assurance for the proper closure, post-closure <br /> maintenance, and corrective action for potential releases at a landfill. The <br /> closure and post-closure cost estimate, presented in the PCPCMP, currently <br /> serves as the basis to fund the closure account over the life of the landfill. FL <br /> arranges funding of the closure account using one of several financial <br /> instruments, which might include performance bonds, insurance policies, or <br /> letters of credit. The choice of funding instrument is a business decision which <br /> follows financial market conditions. Each year, the amount of financial assurance <br /> and the choice of funding instrument is reviewed and approved by the California <br /> Integrated Waste Management Board. <br /> 4.5.3 ULTIMATE LAND USE <br /> The currently proposed ultimate post-closure end use for the FL is non-irrigated <br /> open space. The final cover for the site will be designed to meet regulatory <br /> requirements and will provide a cover which will support native vegetation and <br /> the ultimate land use. <br /> Forward Landfill-Project Description 4-16 BRYAN A.STIRRAT&ASSOCIATES <br /> (j:\Allied\Forward\2007.0018 Lateral Expansion\Reports\Prof Descrip\021308 Final Proj Des\Sec 4.doc:2/13/2008) <br />