Agenda - 02-10-1998 - Attachment

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5 . System both before and after the Closing (as, for example, any liability arising from their delivering, or causing to be delivered, Solid Waste to System Management Facilities). (c) The Parties acknowledge that the County's assumption of certain liabilities pursuant to the Transfer Agreement, as described in subsection (a) above, will not limit, and is not intended to limit, the ability of any governmental authority to impose, or to seek to impose, environmental or other liability directly on a Party (as, for example, any liability accruing to the current owners of the Existing System Assets as a result of their status as owners. prior to the Closing). (d) The County shall not assume any indebtedness of Carrboro or Chapel Hill. Furthermore, by this Agreement and the County's agreement to acquire assets and assume liabilities as provided in tection 2.01, the County does not assume any indebtedness of Carrboro or Chapel Hill. 2r04 2M. Delivery of Solid Waste and Recvclables. As additional consideration for the Parties' respective and mutual undertakings under this Agreement and the Transfer Agreement, the County and the Towns all agree to deliver, or cause to be delivered, to System Management Facilities for disposal or processing, respectively, all Solid Waste and County Recyclables under their respective control, including (without limitation) all Solid Waste and County Recyclables collected by any Party's employees, solid waste collection contractors, solid waste collection licensees or solid waste collection franchisees; provided, however, that there shall be no such obligation to deliver Other Recyclables to System Management Facilities. (]�,l All Solid Waste and County=clables delivered to System Management Facilities or to County employees solid waste collection contractors, solid waste collection licensees or solid waste collection franchisees shall be the propem of the County noon such delivery, After RecygIables have been placed in a designated container at a convenience center. the Recyclables are the County's property. 2.06 145. Treatment of Solid Waste System Employees. (a) All of the System Employees will be transferred to the County and become County employees subject to the supervision of the County Manager in the same fashion as other County employees. (b) The Parties acknowledge that it is an important objective of this Agreement that the current total compensation package for System Employees be maintained at a substantially equivalent level through the Transfer, although the combination of salary and benefits for any employee may change. The Parties recognize that all components of compensation to System Employees after the Transfer will be subject to changes in salaries and benefits in the same fashion as other County employees. The County and Chapel Hill shall develop a detailed schedule comparing the total pre - Transfer and post - Transfer compensation for each System Employee in connection with the Transfer Agreement. Chapel Hill shall send a copy of Qsue suh schedule to Carrboro when the schedule is complete.