Orange County NC Website
Po3lci4s, which are, collectively, all policies related to the System <br />and coordinated solid waste t for the C.bi nW; . the towas •Sad• <br />the persons and zatiaans is their i,xrisdietions, 'aa the same may <br />exist from time to -time ( inncluding all such: policies is effect as of <br />. the date of this Agreement). 7ILe term 0 solid Haste Mangy men¢ Plan: and <br />Poli-ci es° thereby a all policy choices, as . is effect €=om <br />time to -time, related td _ se <br />tbe' managenteint and operation o of tbe' system.. , <br />6oftate- a40eS the state of North Carolina.. . <br />°8yeeemW memo all assets, including both real and perso�Ial . <br />property, used from time to tipa in the- conduct of the of <br />coilecting and . processing County reducing solid waste, <br />di.sp6sing of 13olid• Haste and mulching, composting -!NSA re- usxng'Solid <br />waste, and includes boar ' (a) the Existing Systeft Asseis and (b) all <br />m= Ws and investments related to such functions.. <br />t <br />-- Byaeam I3ebe'- means all a for pmyms Cts o€ and <br />interest with respect to borrowed money in urted or assumed by' the <br />aounty in o mectioh. with. the ownership oar •operatic. of the System, <br />without regard to the form of the transaction, and specifically <br />including leases or similar figehei„g agreements which are riquir&d to . <br />be capitalized in accordance with generally accepters accounting <br />principles. System. Debt is a0utubandLayff at all times after it is' <br />issued. or contracted * nttii it is paid. <br />ffOyseem Zbp1ayease means euployeas. of Chapel Hill direc4ly <br />engaged in carrying out System business ness (bi=t exQ>: essly not including <br />1 of . . <br />emp ogees �e1 Rill's sanitatiof� a�arr� =+gig} <br />vsyaevm mnaamenk ,ac193t1asw means thbsb assets of the system <br />used to px cur i de (a) final disposal of solid waste, including <br />cdnstxvotion and demolition waste, such .as Land €i13.a, Ur (b) aby otber <br />handling or processing of materials placed in the custody' • of the <br />system, sudh as transfer stations, materials recovery facilities -at <br />facilities for cleaning, sorting an dthakc processing of . reci pZable <br />material. . <br />Bys ® iiteaas all amcnmta derived by the County from <br />the fnposi.tion of 3:ates, €ens and charges for the use o €,. and for the <br />services fu=lshed by, tine 'system- <br />° Stansm mesas, collectively, oro, Mngml Hill. and <br />8illsbordu . <br />® Mi8imfer Date" means the effective date. <br />• ld <br />r <br />