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Californiabegional Water Quality Co l Board <br /> Central Valley Region <br /> Karl E.Longley,ScD,P.E.,Chair <br /> Linda S.Adams Arnold <br /> Secreta ryI or Sacramento Office Environmental 11020 Sun Center Drive#200,Rancho Cordova,California 95670.6114 Schwarzenegger Protection Phone(916)464-3291 •FAX(916)464-4645 Governor <br /> http://www.waterboards.ca.gov/centralval ley <br /> "D <br /> 23 September 2008 �� <br /> SEP 2 200 <br /> W. Michael Carroll ENVIRONMENT ALT <br /> San Joaquin County Dept. of Public Works PEMIT/SE VICES <br /> Solid Waste Division <br /> P.O. Box 1810 <br /> Stockton, CA 95201 <br /> FINANCIAL ASSURANCE MECHANISMS REVIEW FOR NORTH COUNTY RECYCLING <br /> CENTER AND SANITARY LANDFILL, SAN JOAQUIN COUNTY <br /> The Central Valley Regional Water Quality Control Board (Central Valley Water Board) has <br /> reviewed the Financial Assurance Mechanisms for the North County Recycling Center and <br /> Sanitary Landfill (NCRCSL). San Joaquin County Public Works submitted the Financial <br /> Assurances as required in Provision 11 D of Waste Discharge Requirements Order No. R5- <br /> 2002-0219. NCRCSL is an operating landfill in eastern San Joaquin County and must provide <br /> Financial Assurances in accordance with Title 27, §22205 (closure), §22210 (post-closure), <br /> §22215 (operating liability), and §22220 (corrective action). <br /> Financial assurance for closure for the NCRCSL is provided by an Enterprise Fund, San <br /> Joaquin County Resolution No. R-90-1190. Post closure maintenance financial assurance are <br /> provided by a Pledge of Revenue Agreement No. 93-605, and operating liability is provided by <br /> a non-expiring certificate of Self-Insurance and Risk Management. A non-expiring certificate <br /> of Self-Insurance and Risk Management currently provides corrective action financial <br /> assurance. San Joaquin County has adjusted the approved cost estimate for corrective action <br /> using the California Integrated Waste Management Board (CIWMB) inflation factor increasing <br /> the cost to reflect 2007 dollars. Staff agrees with the adjusted increase in corrective action <br /> cost. <br /> San Joaquin County has determined the Self-Insurance and Risk Management financial <br /> mechanism used for corrective action is inappropriate for this purpose and has taken steps to <br /> change the mechanism to Pledge of Future Revenue. However, the use of the Pledge of <br /> Revenue mechanism must comply with Title 27, §22245 a-d. San Joaquin County Public <br /> Works is seeking Board of Supervisors approval to change the mechanism. Once the Board <br /> of Supervisors has approved the Pledge of Future Revenue, please submit the appropriate <br /> documentation to the CIWMB and to the Central Valley Water Board for our records. <br /> The financial assurances for closure, post-closure, operating liability, and corrective action <br /> appears appropriate and is provided to the Central Valley Water Board for review in <br /> accordance with Title 27. <br /> California Environmental Protection Agency <br /> ��Recycled Paper <br />