Agenda - 09-30-1998 - Additional Information

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M the Towns and the persons and organizations within their jurisdictions. The County shall have the right to refuse to accept for disposal at System Management Facilities any material or substance which the County reasonably determines is barred from such disposal by the Solid Waste Management P4ap. policies or any applicable law or regulation. (c) The existing landfill, as well as any successor thereto, shall be designated to accept solid waste generated exclusively by residents, businesses and other institutions located in Orange County and that portion of Chapel Hill located within Durham County, North Carolina. (d) The Parties in all events retain the right to determine their own- systems and procedures for the collection of Solid Waste and related matters, provided that such systems and procedures are reasonably designed to be consistent and compatible with the provisions of the Solid Waste Management _RUa Policies concerning Solid Waste disposal and processing of County Recyclables. 5.02. Compliance with Law. The County shall comply with, or cause there to be compliance with, all applicable laws, orders, rules, regulations and requirements of any • governmental authority relating to the construction, use and operation of the Solid Waste System. Nothing in this Agreement, however, shall prevent the County from contesting in good faith the applicability or validity of any such law or other requirement, so long as the County's failure to comply with the same during the period of such contest will not materially impair the operation or revenue - producing capability of the Solid Waste System. 5.03. Budget The County shall annually adopt a separate budget for the Solid Waste System in accordance with the County's usual budgetary process. 5.04. Records Accounts and Audits: Other Reports. (a) The County shall segregate for accounting purposes all the accounts, moneys and investments of the Solid Waste System. (b) The County shall keep accurate records and accounts of all items of costs and of all expenditures relating to the Solid Waste System, and of the System Revenues collected and the application of System Revenues. Such records and accounts shall be open to any Party's inspection at any reasonable time upon reasonable notice. The County shall provide for the assets, liabilities and results of operations of the Solid Waste System to be presented in the County's annual audit as a separate enterprise fund, in accordance with generally accepting accounting principles. (c) The County shall make, or cause to be made, any additional reports or audits relating to the Solid Waste System as may be required by law. The County, as often as may reasonably be requested, shall furnish such other information as the County may have reasonably available concerning the Solid Waste System or its operation as the Advisory Commission or any Pam' may reasonably request.