Agenda - 04-08-2008-4 - Laserfiche WebLink

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~i waste management, must retain broad flexibility to implement and adjust rates, fees and other charges, as pravided• below, i:n order to • generate 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 an the System, and•that the County must -therefore have sufficient authority to adjust either the resources ar the System demands, or both, to achieve the balance. Part 1 of this Agreement pravi.des 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 ~ri.ll be operated as as 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 is the County's annual audit as a separate enterprise fund, in accordance with generally accepted adcount;ing 'principles. The County will annually adapt a separate budget far 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 collected and the application of System Revenues. Such records and accounts will be open to any Party's inspection at any'reasariable dine upon reasonable notice. system will: be operated oa a self-BUpportiag basis: The County 'will establish and maintain a system of rates, fees and charges for the use af, and for the services' provided' by, the System which is reasonably designed to pay in full a7,1 the casts (and only the assts) of carrying out the County's responsilailities under this Agreement and the Solid Waste Management Plan and Policies, including, without 'limitation, (].) costs of disposing of Solid_ Waste, t2) costs of• collecting, processing and disposing of County Recyclables, (3) to the extent permitted by law, casts of providing pub3.ic benefits determitzed to •be provided pursuant 'to Part 6, and (4) casts 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 oa 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 Toain's obligatiou• to determine whether any' change ar proposed change to the Solid Waste Management 'Plan and Policies is a Material E`inaacial Change with respect to such Town within ten Business Days of receiving notice af• the change or. prapased change, • and to notify the County within five • additional Business Days if the Town determines that such change ar . . 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