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Mr. Todd Del Frate -2is <br />- <br />ANNUAL REVIEW OF FINANCIAL ASSURANCES MECHANISMS AT THE CORRAL <br />HOLLOWSANITARY LANDFILL, WASTE DISCHARGE REQUIREMENTS (WDRs) <br />ORDER NO. 5-01-176 <br />Operating Liability <br />Financial assurance for operating liability is provided by a non expiring certificate of Self - <br />Insurance and Risk Management. This certification has been previously submitted, and is <br />available upon request. <br />Corrective Action <br />The cost estimate for corrective action at CHSL of $291,000 was found reasonable, per your letter <br />on October 23, 2007. The cost estimate of $299,600 (2007) has been adjusted by the CIWMB <br />2006 inflation rate. <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\CHAnnRevwof FAApr08ilc.doc <br />c: Robert McClellan, Environmental Health Department <br />LR 50201 <br />LA 21125 <br />