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� <br /> hg�coa.+.w�^� <br /> � <br /> TO�. Wnd5110wnmGoup <br /> � FROhf: Creyle Wi1saR SaGd Wssce Direcror <br /> SUBIECT'. Fwding for C ffi D Landfill Site Mquisitlon <br /> DATE: Im<4. 1998 <br /> Sudcient ruowces cdst vntFtin the Landfill Fund ro spend 41 130,400 in 1998-99 ro acquve a <br /> sire for Ne pmpoud C@ D IevdfiR fiom ohe(ollouwg sourcer. <br /> Fwdin¢ $awce <br /> S 556,i00 Reurve Fwd for Land Acquisition and Conneuction <br /> i58,500 ReserveFmdforEubarvksConsvuttion <br /> 185 OW Unduiguazed Reserve(Fund Balmce) <br /> Sl]30,OW <br /> dopies ef he tiles of each resme accowt,moditied m reQec[ehe pmpored EivdnS for.he � <br /> • C&D Iand511, are aauhed. <br /> li che purchaze of a C &D site is made in 1998-99, the::sidual in ehe Rese��e "rund for Lmd <br /> kcquisitiov md Conacuctlon woWd u�op m 359,]00 at the evd ofthis year. Y.owzveq az:umi.�g <br /> no subsequeerc outlays, md none are now plarmed,tAe residuaf woWd gow m 52,304,)00 in <br /> 2004-05. Thaz is e6e nme thav we may need appro.omately SZ miWOn ro co�vua a��avsfer <br /> rtdtiOn. <br /> Using 5588,500 6om the Eubevk Covsvuction Aeserve Aaauut in 1998-99 woWd reduce the <br /> rendual Ws year w 585,500. However, �ven the proposed schedWe of contnbutions, this <br /> reserve fwd would be sufi<ieett ro fund the mejor�penses refwNng relaied ro the Eubaaks <br /> RoadIanE611. <br /> Using SI85,000 of mdesigoaved Fmd baiance would leave a Fund Balance as ofJwe J0, 1999, <br /> ofapprowvazelyS58],OOQ lifi%ofWeopeme�gbudget. <br /> [n surtunary, the pmposal deailed in the following tables would requim an in<reaze of 3.0%in <br /> wn[nbu�iom to reserves befwem 1998-99 and 2009-05. <br /> • <br />