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Ms. Castafieda 2 - <br />FINANCIAL ASSURANCE DNSTRATION FOR CLOSURE, POSTCL RE MAINTENANCE, <br />CORRECTIVE ACTION AND OPERATING LIABILITY FOR NORTH COUNTY RECYCLING CENTER <br />AND SANITARY LANDFILL (FACILITY NO. 39 -AA -0022) <br />We are pleased to report, that we have deposited more than the required fund balance in <br />NCRC&SL's closure fund for the reporting period. The total required cumulative closure fund <br />balance is $819,767.74. Based on the current total balance for NCRC&SL's closure fund, we are <br />more than adequately funded. <br />POST CLOSURE MAINTENANCE: <br />Financial assurance for post closure maintenance at NCRC&SL is through Pledge of Future <br />Revenue through :Agreement No A-93-1212. <br />CORRECTIVE ACTION: <br />The corrective action cost for NCRC&SL as approved by Regional Water Quality Control Board <br />staff is $ 164,312.85 (2008 dollars). <br />The County will use Pledge of Future Revenue as the financial assurance mechanism for <br />corrective action at NCRC&SL. A pledge of future revenue agreement draft will be submitted <br />soon for your review. After your review, the County's Board of Supervisors will be requested to <br />pass a resolution regarding the pledge of future revenue for corrective action at NCRC&SL. <br />OPERATING LIABILITY <br />Financial assurance for operating liability at NCRC&SL is demonstrated through Self Insurance <br />Policy (Attached). <br />If you need any further information, please call Joyesh Chandra ,Engineer II, at (209) 468-3066. <br />Sin r ly, <br />MICHAEL CARROLL, PE <br />Sion <br />Engineer <br />C : Todd Del Frate, RWQCB <br />11020 Sun Center Drive, #200 <br />Rancho Cordova, California 95670-6114 <br />Robert McClellon, RENS <br />Environmental Health Department <br />600 East Main Street <br />Stockton, California 95202 <br />JC:kb <br />N:\Miscellaneous\ClosCostEst\FinAssur&Costs\Issued 2008Wnual Review To CIWMB\ECastaneda02-NC Fin As 08.doc <br />Enclosure <br />LR 50200 <br />