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HomeMy WebLinkAboutReso - CC - 076-1994RESOLUTION NO. 76-94 1- ESTABLISHING FINANCIAL ASSURANCE FOR CLOSURE AND POSTCLOSURE MAINTENANCE OF THE BURLINGAME LANDFILL RESOLVED, by the City Council of the City of Burlingame, California, that: WHEREAS, Public Resources Code sections 43500 through 43610 and sections of Title 14 of the California Code of Regulations ("Regulations"), Division 7, Chapter 5, Article 3.5, require operators of solid waste landfills to demonstrate the availability of financial resources to conduct closure and postclosure maintenance activities; and WHEREAS, Section 18283 of the Regulations specifies financial assurance mechanisms acceptable to demonstrate financial responsibility for financing closure and postclosure maintenance of a solid waste landfill; and WHEREAS, the City of Burlingame has established and maintains the Solid Waste Fund and deposits in the Solid Waste Fund all fees derived from a certain surcharge on the City's franchise solid waste collection activities; and WHEREAS, Sections 18283, 18285 and 18290 of the Regulations specify the enterprise fund and pledge of revenue as an acceptable mechanism to demonstrate financial responsibility for financing yclosure and postclosure maintenance of a solid waste landfill. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Burlingame that: 1. The Director of Finance ("Director") is authorized and directed to maintain the Solid Waste Fund and to deposit in the Solid Waste Fund fees derived from a certain surcharge on the City's franchise solid waste collection activities. 2. The Director is further directed to withdraw funds from the Solid Waste Fund, for the deposit into the financial assurance mechanism hereafter provided, sufficient to meet the requirements of Sections 18282 of the Regulations on a timely basis, in accordance with the approved Closure and Postclosure Maintenance plans. 3. The funds required for the financial assurance mechanism referred to in Section 2 above shall be accounted for by the Director in a separate account to be known as the Burlingame Landfill Closure Reserve ("Reserve") established by the Director which shall be used to pay only for closure of the Burlingame Landfill ("Landfill") 4. To the extent permitted by law, the Reserve shall be and remain inviolate against all other claims including claims of the City or its City Council or the creditors thereof, it being the intent of this Resolution that the mechanism established hereby will provide equivalent protection to a trust fund in ensuring that the assured F amounts of funds will be available in a timely manner for closure of the Landfill. 5. The Reserve shall be invested by the Director in the manner provided by law. 6. In the event the California Integrated waste Management Board ("Board") determines that this City has failed or is failing to perform closure as required by law, the Board may direct the Director of Finance to pay the Director of Public Works from the Reserve such amounts as are necessary to ensure closure, who then shall be obligated to use such funds for closure in accordance with the directives of the Board. 7. The City operates the Landfill in conformance with the findings, conditions, prohibitions and requirements contained in Solid Waste Facilities Permit No. 41.AA-0009 issued by the County of San Mateo Department of Health Services, serving as Local Enforcement Agency for the Board. 8. The City shall establish a Pledge of Revenue to demonstrate financial responsibility- for postclosure maintenance of the Landfill in accordance with Sections 18283 and 18290 of the Regulations. 9. Disbursement of funds for closure shall be in accordance with Section 18262.3 of the Regulations. 10. Disbursement of funds for postclosure maintenance shall be in accordance with the plans approved by the Board. 3 11. In the event the Board determines that this City has failed or is failing to perform postclosure maintenance as required by law, the Board may direct the Director of Finance to pay the Director of Public Works ft -6m the Pledged revenues such amounts as are, necessary to ensure sufficient postclosure maintenance, who then shall be obligated to use such funds for postclosure maintenance in accordance with the directives of the Board. 12. The Director is directed to produce an annual report for transmittal to the Board, containing the following information concerning the Burlingame Landfill: (a) As appropriate, a revised closure cost estimate, prepared as specified by section 18263 of the Regulations. (b) As appropriate, a revised postclosure maintenance ~ cost estimate, prepared as specified by section 18266 of the Regulations. (C) Status, including current balance of the Burlingame Closure Reserve, 0 N01014 Mayor I, JUDITH A. MALFATTI, City Clerk of the City of Burlingame, do hereby certify that the foregoing -Resolution was introduced at a regular meeting of the City Council held on the 6th day of SEPTEMBER 1994, and was adopted. thereafter by the following vote: AYES: COUNCILMEMBERS: HARRISON, KNIGHT, O'MAHONY, PAGLIARO, SPINELLI NOES: COUNCILMEMBERS: NONE ABSENT: COUNCILMEMBERS: NONE City Clerk 5 PLEDGE OF REVENUE AGREEMENT ESTABLISHING A PLEDGE OF REVENUE FOR POSTCLOSURE MAINTENANCE OF THE BURLINGAME LANDFILL This Agreement shall become effective upon execution by both parties and is made and entered into by and between the City of Burlingame ("City") and the California Integrated Waste Management Board ("Board"). WHEREAS, Public Resources Code sections 43500 through A3610 and sections of Title 14 of the California Code of Regulations ("Regulations"), Division 7, Chapter 5, Article 3.5, require operators of,solid waste landfills to demonstrate the availability of financial resources to conduct closure and postclosure maintenance activities; and WHEREAS, sections 18283 and 18290 of the Regulations specify financial• assurance mechanisms acceptable to demonstrate financial responsibility for financing closure and postclosure maintenance of a solid waste landfill; and WHEREAS, the City operates the Burlingame Landfill ("Landfill"), a solid waste landfill, in conformance with the findings, conditions, prohibitions, and requirements contained in Solid Waste Facilities Permit No. 41-AA-0009 issued by the County of San Mateo Department of Health Services, serving as Local Enforcement Agency for the Board; and WHEREAS, the City, in its discretion, collects fees derived from a certain surcharge on the City's franchise solid waste collection activities; and WHEREAS, The City has determined that projected net revenues from the surcharge during the thirty (30) year period of postclosure maintenance, shall during each year of this period be greater than the yearly monitoring and postclosure maintenance costs, contained in the most recent cost estimate for the Landfill, which has been submitted to the Board in accordance with section 18266 of the Regulations; NOW, THEREFORE, the City and Board do agree as follows: 1. The City shall establish a pledge of revenue to demonstrate financial responsibility for postclosure maintenance of the Landfill in accordance with sections 18283 and 18290 of the Regulations. 2. The City agrees to pledge revenues from the surcharge as described herein. 3. The amount of the pledged revenue shall be equal to $87,000 per year for the 30 year period of postclosure maintenance, representing the current monitoring and postclosure maintenance cost estimate for the Landfill. It is agreed that the amount of this pledge may increase or decrease to match any adjustment to the identified cost estimate which is mutually agreed to by the City and the Board. 4. If the City ceases at any time to retain control of its ability to allocate the pledged revenue as identified herein to pay postclosure maintenance costs, the City shall notify the Board and Local Enforcement Agency and shall obtain alternate coverage within sixty (60) days after the control of funds lapses, pursuant to section 18290 of the regulations. 5. In the event the Board determines that the City has failed or is failing to perform postclosure maintenance as required by law, the Board may direct the Director of Finance to pay the Director of Public Works from the pledged revenues, such amounts as are necessary to ensure sufficient postclosure maintenance, and such funds shall be disbursed for postclosure maintenance in accordance with the directives of the Board. IN WITNESS WHEREOF, the parties have executed this agreement on the date and year as set forth below. By City this 6th day of SEPTEMBER 19 94 By Board this CITY OF BURLINGAME A m corp a on By DENNIS ARGYRES City Manage 0 CALIFORNIA INTEGRATED WASTE MANAGEMENT BOARD E Authorized Officer of the Board APPROVED AS TO FORM AND APPROVED AS TO FORM AND PRODEDURE By PROCEDURE Robert F. Conheim Senior Counsel 4e Chi#g of Purfi game CITY HALL - 501 PRIMROSE ROAD BURLINGAME, CALIFORNIA 94010-3997 CITY OF BURLINGAME OFFICE OF THE FINANCE DIRECTOR/TREASURER California Integrated Waste Management Board 8800 Cal Center Drive Sacramento, CA 95826 To Whom It May Concern: Verification of Establishment of Funding For Burlingame Landfill - Solid Waste Permit No 41 -AA -000 Please be advised that the following established pursuant to Resolution No. Burlingame. separate funding has been 1994, by the City adopted on Council of the City of Burlingame Landfill Closure and Postclosure Maintenance Fund It is understood that these funds shall be used by the Director of Public Works of the City of Burlingame only for the closure and postclosure maintenance of the identified landfill, and are intended to meet in these funds to preserve their integrity and inviolacy. I will perform my duties and responsibilities in accordance with the terms and conditions of Title 14, of the California Code of Regulations, Division 7, Chapter 5, Article 3.5. This letter shall serve as verification that the Finance Director/Treasurer of the City of Burlingame has established this funding in accordance with said regulations. The Finance Director/Treasurer is an officer of the City of Burlingame. Sincerely, Rahn Becker Finance Director/Treasurer Attachment: Burlingame Landfill Financial Responsibility Plan n 4j� gifg of 19nrfingam CITY HALL - 501 PRIMROSE ROAD BURLINGAME. CALIFORNIA 94010-3997 California Integrated Waste Management Board 8800 Cal Center Sacramento, CA 95826 To Whom it May Concern: Certification for the Establishment of a Financial Mechanism for the Closure of the Burlingame Landfill The Public Works Department is submitting the subject certification for Burlingame Landfill, Solid Waste Facilities Permit #41 -AA -0009. The Burlingame Public Works Department is the operator of the Burlingame Landfill and retains responsibility for closure and for postclosure maintenance. On 19 the Public Works Department submitted to the Board the latest cost estimates for closure and postclosure maintenance for this landfill. Submittal of the enclosed financial mechanism for closure and postclosure maintenance of the Burlingame Landfill completes all required documentation for this landfill related to financial assurances for closure and postclosure maintenance. On 19. The City Council of the City of Burlingame, the governing administrative authority for the Public Works Department, established the Burlingame Landfill Closure Fund, an Enterprise Fund to be used exclusively for the closure of the subject landfill. Annual deposits as required by Title 14, California Code of Regulations, Division 7, Chapter 5, Article 3.5, will be made to the Fund so that an amount equal to the current closure cost estimate for the Burlingame Landfill is available at the time of closure. Official documentation of the establishment of this Fund is enclosed. If you have any questions concerning this submittal or related matters, please contact me. Very truly yours. Ralph Kirkup Director of Public Works