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pQUt� <br /> ?' <br /> THOMAS M.GAU P.O.BOX 1810-1810 E.HAZELTON AVENUE <br /> STOCKTON,CALIFORNIA 95201 <br /> DIRECTOR <br /> (209)468-3000 FAX(209)468-2999 <br /> • �4`tFOR�;P a www.sjgov.org/pubworks <br /> MICHAEL SELLING <br /> DEPUTY DIRECTOR r� Z 4 11;11 <br /> STEVEN WINKLER <br /> DEPUTY DIRECTOR RECEIVED <br /> ROGERJANES ` <br /> BUSINESS ADMINISTRATOR A.) 2011 <br /> September 27, 2011 <br /> ENVIRONMEN7AL HEALTH <br /> Ms. Elizabeth Castaneda, Research AnalystPERMIT/SERVICES; <br /> California Department of Resources Recycling and Recovery <br /> Waste Management-Financial Assurance Section <br /> 1001 "1" Street <br /> Sacramento, California 95812-4025 <br /> SUBJECT: FINANCIAL ASSURANCE DEMONSTRATION FOR CLOSURE, POSTCLOSURE <br /> MAINTENANCE, CORRECTIVE ACTION AND OPERATING LIABILITY FOR FOOTHILL <br /> SANITARY LANDFILL, FACILITY NO. 39-AA-0004 <br /> Dear Ms. Castaneda: <br /> Enclosed, please find San Joaquin County's documentation of financial assurance and sufficiency of <br /> funds for financial reporting year 2010-2011 in accordance with Title 27 California Code of Regulations <br /> Chapter 6 for Foothill Sanitary Landfill (FSL). <br /> We are pleased to report that FSL's closure fund is adequately funded for the current reporting period. In <br /> fact, FSL's closure fund balance is more than three and a half times the minimum required. Because <br /> of these excess funds, no deposits were made for the foreseeable future, until the actual closure fund <br /> balance nears the required minimum. <br /> CLOSURE <br /> Total Permitted Capacity of FSL: 129.8 million Cubic Yards (CY) <br /> (Revised JTD July 2010) <br /> • Closure Cost Estimate: $26,917,914 (2011 dollars) <br /> • Annual Capacity Filled: 388,536 CY <br /> • Cumulative Capacity Filled: 13,421,856 CY (Through 7-31-11) <br /> • Remaining Capacity: 116,378,144 CY <br /> • Remaining Closure Cost: $23,536,184 (2011 dollars) <br /> • Required Minimum Deposit (2010-11) $78,577.03 <br /> • Minimum Fund Balance Required: $928,506.47 <br /> • Actual Closure Fund Balance: $3,381,729.86 <br /> (Verification by County Auditor-Controller attached) <br /> • Excess Funding Factor: 3.64 <br />