City of West Covina Presentation to the California Integrated Waste Management Board June 14, 2005
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Transcript of City of West Covina Presentation to the California Integrated Waste Management Board June 14, 2005
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City of West Covina City of West Covina Presentation to thePresentation to the
California Integrated Waste California Integrated Waste Management BoardManagement Board
June 14, 2005June 14, 2005
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Aerial View of West Covina
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Aerial View of BKK Landfill
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Proposed DevelopmentBLD, Commercial Development, and
Golf Course Development
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Landfill Closure Funding Shortfall
• $6.8 Million Cost to Close Landfill in Accordance with State Requirements
• $2.3 Million Required to Meet Original Closure and City Requirements
• $1.2 Million CIWMB Clean Up and Remediation Funds
• $1.1 Million Funding Shortfall for City
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City’s Financial Contributions
• Purchase Agreement Funds from City Used Only for Landfill Remediation
• $2.5 Million Paid Class III and Class I Financial Assurance Premiums
• Paid for Environmental Investigation on Parcel I (A BKK Obligation)
• Potential Contribution of $1.1 Million Closure Shortfall by City
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Win – Win Resolution• Reduced Closure Costs for
State• Expedite Landfill Closure• Allow Completion of
Brownfields Development• Complete Landfill Closure