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City of West Covina Presentation to the California Integrated Waste Management Board June 14, 2005

City of West Covina Presentation to the California Integrated Waste Management Board June 14, 2005. Aerial View of West Covina. Aerial View of BKK Landfill. Proposed Development BLD, Commercial Development, and Golf Course Development. Landfill Closure Funding Shortfall

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City of West Covina Presentation to the California Integrated Waste Management Board June 14, 2005

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  1. City of West Covina Presentation to the California Integrated Waste Management Board June 14, 2005

  2. Aerial View of West Covina

  3. Aerial View of BKK Landfill

  4. Proposed Development BLD, Commercial Development, and Golf Course Development

  5. Landfill Closure Funding Shortfall • $6.8 Million Cost to Close Landfill in Accordance with State Requirements • $2.3 Million Required to Meet Original Closure and City Requirements • $1.2 Million CIWMB Clean Up and Remediation Funds • $1.1 Million Funding Shortfall for City

  6. City’s Financial Contributions • Purchase Agreement Funds from City Used Only for Landfill Remediation • $2.5 Million Paid Class III and Class I Financial Assurance Premiums • Paid for Environmental Investigation on Parcel I (A BKK Obligation) • Potential Contribution of $1.1 Million Closure Shortfall by City

  7. Win – Win Resolution • Reduced Closure Costs for State • Expedite Landfill Closure • Allow Completion of Brownfields Development • Complete Landfill Closure

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