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Notes Regarding Funding Requirements and Financial Assurances.for <br /> Closure, Post-Closure. Maintenance,.and Corrective Action <br /> San.Joaquin. County-Owned Landfills <br /> All Sites <br /> General <br /> Calculation of present-day estimated cost is based on the initial estimated cost and the inflation <br /> factors of years since the initial estimate(Tables 3). <br /> Title 27,Section.20380(b)-.Known.or Reasonably Foreseeable Release <br /> Title 27,Section 22222 Corrective Action Funding Requirements <br /> Potential corrective action costs(Table 1)due to a"reasonably foreseeable release"were initially <br /> calculated in the Title 23, Chapter 15, Article.5, Financial Assurance Report(San Joaquin <br /> County,December 1991)._These costs were based on the assumption that the method of cleanup <br /> would be to pump.and treat the contaminated water using extraction wells and a treatment system <br /> above ground surface. Corrective action costs have been updated to.reflect annual inflation <br /> factors(Table 2). <br /> The County's selfinsurance plan will cover these corrective action measure.costs_ <br /> At Foothill Landfill,additional or alternate corrective action measures, such as landfill gas <br /> extraction,would be funded through Certificates of Participation,issued in 2003_ <br /> At the North County Landfill,additional or alternate corrective action measures, such as soil gas <br /> extraction,would be funded through Certificates of Participation,issued in 2003. <br /> Foothill Sanitary Landfill <br /> Title 27,Section 22207 Closure Funding Requirements <br /> Initial closure cost estimates are presented in the Foothill Sanitary Landfill,Preliminary Closure <br /> and Postclosure Maintenance Plan (San Joaquin County,January 1994). Cost estimates were <br /> calculated using the Certification Guidelines for Initial Cost Estimates and Alternative Financial <br /> Mechanisms for Solid Waste Landfills(CIWMB,August 1988). <br /> Closure cost estimates (Table 1)are based on the closure of Module"I" and 20 acres of Module 1. <br /> (approximately 100 acres total). Revision of the closure cost estimate is anticipated for 2005. <br /> Funding Requirements Notes i San Joaquin County <br /> Revised:5/25/04 Solid Waste Division <br />