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I WHEREAS, Sections 18283 and 18290 of -the Regulations, specify <br /> 2 a pledge of revenue as an acceptable mechanism to demonstrate <br /> 3 financial responsibility for postclosure maintenance costs of a <br /> 4 solid waste landfill; and <br /> 5 WHEREAS, the COUNTY established by Resolution -IR-74-3362 dated <br /> 6 November 26, 1974, the Solid Waste Enterprise Fund to ensure <br /> 7 adequate resources for operating expenses for the COUNTY owned and <br /> 8 operated refuse disposal facilitigs; and <br /> 9 WHEREAS, the COUNTY is responsible for the administration of <br /> 10 said fund; and <br /> 11 WHEREAS, the COUNTY has determined that projected net revenues <br /> 4 12 from said fund, derived from user fees charged for the use of the <br /> 13 COUNTY's solid waste facilities which include the Foothill Sanitary <br /> 14 Landfill (39-AA-0004) and the .-Lovelace Transfer Station (39-A_A- <br /> 15 0008) , during the thirty (30) year period of postclosure <br /> 16 maintenance of the LANDFILL, shall be greater during each year of <br /> -17 this period than the yearly. monitoring and postclosure maintenance <br /> 18 costs contained in the most recent cost estimate for the LANDFILL, <br /> 19 which has been submitted to the BOARD in accordance with Section <br /> w <br /> 20 18266 `'of'theRegulations; <br /> 21 ies hereto mutually agree as follows: <br /> NOW, THEREFORE, the part <br /> 22 1. The COIINTY hereby establishes a pledge of revenue as the <br /> 23 financial mechanism for postclosure maintenance of the <br /> with Sections 18283 and 18290 of the <br /> 24 LANDFILL in accordance <br /> 25 Regulations to replace the LANDFILL's postclosure sub-budget <br /> rovide for <br /> 26 <br /> unit mechanism which was established to p <br />