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r <br /> STATE OF CALIFORNIA Pete Wilson,Governor <br /> CALIFORNIA INTEGRATED WASTE MANAGEM I <br /> HE <br /> Cal Center Drive f} <br /> 8800 ,w <br /> Sacramento,California 95826 93 MAY 28 pH <br /> s ~ <br /> Mr. Stephen Chen, May 25, 1993 <br /> Deputy Public Works Director <br /> City of Stockton <br /> City Hall <br /> 425 N. El Dorado Street <br /> Stockton, CA 95202-1997 <br /> Subject : Financial Assurance Mechanism for Closure and <br /> Postclosure Maintenance Costs for French Camp Landfill,. <br /> City of Stockton, County of San Joaquin, Facility No. <br /> 39-AA-0002 . <br /> Dear Mr. Chen: <br /> Thank you for sending the French Camp Landfill <br /> closure/postclosure fund balance and the capacity data needed to <br /> calculate the adequacy of the fund balance pursuant to title 14, <br /> California Code of Regulations (CCR) , Division 7, Chapter 5, <br /> Article 3 . 5 section 18282 (b) (3) . <br /> Given the capacity data and current closure and postclosure cost <br /> estimate of $3 , 095, 149, the fund balance of $367, 185 deficient . <br /> The fund is at a level that is 60 of the required level . The <br /> regulations require the current fund balance to be $389, 839 . <br /> 86 , 271 c.y. filled (from 1-1-89 to 11-15-92) = . 12595 <br /> 684, 953 c.y. (1-1-89 remaining capacity) <br /> . 12595 X $3 , 095, 149 = $389, 839 . <br /> A permit revision for French Camp Landfill is currently being <br /> reviewed by Board staff. Non-compliance with the financial <br /> responsibility regulations may unnecessarily delay the permit <br /> process . <br /> If you have any questions regarding this information, please call <br /> me at (916) 255-2447 . <br /> Respectfully, <br /> Allison Reynolds <br /> Associate Governmental Program Analyst <br /> Financial Assurances Section <br /> CC: Ron Valinoti, Public Health Service, San Joaquin County <br /> Bob Anderson, Closure Section <br /> Michael Kuhn, Permits Section <br /> Printed on Recycled Paper-- <br />