Agenda - 03-31-2008-4 - Laserfiche WebLink

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16-01) waste management, must retain broad flexibility to implement and adjust rates, fees and other charges, as provided below, in order to generdte sufficient resources through the System to carry out the requirements of the Solid Waste Management Plan and Policies. The Parties agree that the County is 'ultimately responsible for. balancing the available resources and the demands on the System, and-that the County must -therefore have sufficient authority to adjust either the resources or the System demands, or both, to achieve the balance. Part 1 of this Agreement provides for the County's authority over the Solid Waste Management Plan and Policies. This Part 4 provides for the County's authority over the available resources. System will be operated as an enterprise fund. The County will segregate for accounting purposes all the System's accounts, moneys and investments. The. County will provide for the System's assets, liabilities and results of operations to be presented in the County's annual audit as a separate enterprise fund, in accordance with generally, accepted accounting principles. The County will annually adopt a separate budget for the System in accordance with the County's. usual budgetary process. The County will keep accurate records and accounts of all items of costs and of all expenditures relating. to the System, and of the System Revenues c6lledted and the application of System Revenues. Such records and accounts will be open to any Party's inspection at any reasonable time upon reasonable notice. System will be operated on a self- supporting basis.* The County will establish and maintain a system of rates, fees and charges for the use of, and for the services. provided• by, the System which is reasonably designed to pay in full all the costs (and only the costs) of carrying out the County's responsibilities under this Agreement and the Solid Waste Management Plan and Policies, including, without limitation, (j) costs of disposing, of Solid. Waste, (2) costs of collecting, processing and disposing of County Recyqlablds, (3) to the extent permitted by law, costs of/prov.idi4g public benefits determined to be provided pursuant *to Part 6, and (4) costs of solid waste reduction activities. Subject only to the specific limitations 'set forth in 'this- Agreement., the County may revise any...rates, fees and' charges at*any time and as often as it shall deem appropriate. Limitations an Material Financial Changes. Notwithstanding any other provision of this Agreement, the ' County shall not put into -effect any Material Financial Change unless the County first obtains the consent of all Parties. It will be each Town's obligation- to determine whether any* change or proposed change to the Solid waste Management -Plan and Policies is a Material Financial Change with respect to such Town within ten Business Days of receiving notice of the change or. proposed change,' and to notify the County within five additional Business Days if the town determines that such change or proposed change is a Material Financial Change. The provisions.of this paragraph are independent of the further provisions of this Part 4 concerning rates, fees and charges. 5