Ordinance 3094-08 - Laserfiche WebLink

WHEREAS, the corrective actions required the construction of a landfill gas collection system, an improved cover for the landfill area, a surface water management system and wetland mitigation; and WHEREAS, in 1997, the City issued General Obligation bonds in the amount of $3.8 million to finance a portion of the costs associated with the solid waste corrective actions which will be paid in full in 2017. The remaining mitigation costs were financed, in part through an interfund loan, as authorized by Resolution 2925 in accordance with RCW 43.09.210. The City Treasurer has established and maintains an amortization schedule that will fully defease the loan by the year 2012. The lending fund will receive variable rate interest payments on the outstanding balance equal to the average monthly portfolio yield; and WHEREAS, the City is ready to proceed with the final phase of landfill remediation which includes site grading, fill and surcharging of the site and methane and leachate collection. These improvements will need to be financed by the issuance of debt, and WHEREAS, the City will experience costs for maintaining and operating existing and future environmental controls at the landfill, which include the leachate collection system and the related surface water control, landfill cover, gas migration control and environmental monitoring requirements. NOW, THEREFORE, THE CITY OF EVERETT DOES ORDAIN: Section 1: The City of Everett Solid Waste Management Utility, shall continue and is authorized to undertake all activities authorized by law for the construction of the Landfill and Tire Fire Site improvement projects, and for garbage and solid waste handling including recycling operations and specifically including mitigation of the old landfill property on 36th Street east of the I-5 freeway; provided that said utility is not authorized to engage directly in garbage and solid waste collection, except for hard-to-manage waste and/or City-wide clean-up