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A <br /><:: sand Cons of MRF <br />Ownership /Operation Models <br />❖Variations of Public /Private MRF <br />— Control over project location and type of service <br />— Capital intensive but lowest cost of capital <br />— RFP process secures lowest operating costs <br />— RFP process leverages favorable terms <br />— Ability to have "value added" services <br />— Use expertise and experience of private sector <br />— Can rely on private sector for fall -back positions <br />— Ability to access market revenues <br />— Capital requirements may compete with other uses <br />— Responsible for facility over long term <br />— Requires long term commitment to project 17 <br />COMMEND PUBLIC /PRIVATE <br />PPROACH TO MRF DEVELOPMENT <br />•:- Optimize Public /Private Strengths <br />+Accept Risks that Lower Costs /Fees <br />..-.Accept Risks that Provide Control <br />•:. Accept Risks that Build off Strengths <br />•:- Accept Risks that Leverage RFP Process <br />..-.Enhance Opportunities for Private Partners <br />Page 9 <br />is <br />