Orange County NC Website
Browse       Search
3 <br /> f <br /> Post-it"Fax Mote 7671 <br /> To 5 S ii; From M f�va <br /> CoJOW. CO. <br /> m Phone r Phony r <br /> TO: Lartdm owners Group am r Fax <br /> From Robert Morgan,Carrbory Town M8nev.. <br /> Calvin Horton,Chapel Hill Town Manager <br /> Eric Swanson,Hillsborough Town Manager <br /> John Liralc,Orange County ty Manager <br /> t October 23. 1995 <br /> IML Landfill Fund Anticipated Revenue Deficit Related to Coal Ash <br /> At them September 11, 1996, meeting. the Landfill Owners Group requested that local gavemmerrt <br /> managers meet to develop alternatives for overcoming an armed revenue shortfall in the landfill <br /> AM. The shortfall is due to the University's planned diversion of coal ash from the Orange Regional <br /> Landfill. This memorandum details the financial impact of ttus action on the Landfill lured, presents <br /> several alterna fives for overcoming the resulting revenue deficit, and presents the managers. <br /> I SRI <br /> 9adir�oe�nd <br /> This past spring,the University of North Carolina sought proposals on aitematives to landMI disposal <br /> of dwk coal ash. Recently,the University announced Vial they had awarded a 1 year colrad(with W <br /> 1 year options) to Reuse Technology Inc, of Kennesaw, Georgm Beginning January 1, 1997, the <br /> University will no longer deliver ash to the Orange Regional Landfill. <br /> The timing of the ctxvb t award aroxmcernent was mfotxnate given the recent approval by the <br /> State for benteAdal ash rouse at the Ian M. and its occurrence at the start of a new fiscal year. <br /> Although the Owners Group was aware of Me potential for the University to divert t1m ash,theca was <br /> no way to detem*m U they world actually award a contract. Thus,they adapted the 1996-97 ftxul <br /> year t.antdffil Budget Inclut"prgeded mvmws for coat ash. <br /> viscumdm <br /> The estbnated finances impact on the Landfill Fund for 1996.97 is as follows: <br /> Remwe Tormem <br /> Original Budget Estirna<e $W'000 38,000 <br /> Revised Estir6e $289,000 17,000 <br /> Revenue ShoAfaN $357,000 21,000 <br /> The revised esbnete amm mes the January 1, 1997, art-off of deliveries and takes into account a <br /> noticeable reduction in oust ash In the 1" quarter of this fiscal year. <br /> The options for madcug up the arrant year$357,000 revenue sftodfall are: <br /> • using undesignaded or designated landfill reserves, <br /> raising the tipping fee cmid year, <br />