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Mr. Todd Del Frate 0 -2- <br />ANNUAL REVIEW OF FINANCIAL MECHANISMS AT THE NORTH COUNTY RECYCLING <br />CENTER AND SANITARY LANDFILL, WASTE DISCHARGE REQUIREME=NTS (WDRs) ORDER <br />NO. R5-2002-0219 <br />Corrective Action <br />The cost estimate for corrective action of $155,484 for NCRCSL was found reasonable per your <br />letter of January 9, 2007. The cost estimate has been adjusted by the CIWMB 2006 inflation <br />factor and now is approximately $160,000 in 2007 dollars. <br />San Joaquin County has historically demonstrated compliance with financial assurance <br />requirements for corrective action through the non expiring certificate of Self -Insurance and Risk <br />Management. However, we continue to believe this is not an appropriate mechanism for this <br />purpose, and we intend to change the assurance demonstration mechanism for corrective action <br />financial to a Pledge of Future Revenue. The request for granting of an order to establish a <br />Pledge of Future Revenue for corrective action is being processed for approval. by the County <br />Board of Supervisors. <br />If any additional information is required, please contact Luis Gardea, Engineer II, at <br />(209) 468-3066. <br />Sincerely, <br />W. MICHAEL CARROLL, PE <br />Senior Civil Engineer <br />WMC: sc <br />N:\Miscellaneous\ClosCostEst\FinAssur&Costs\Issued 2008\NCAnnRevwof FAApr08jjc.doc <br />Attachments <br />C: Robert McClellon, Environmental Health Department <br />LR 50201 <br />LA 63107 <br />