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everyone is paying their share, we are talking $24 a ton, which <br />equates to $31.50 per Equivalent Residential Unit. <br />The Chairman wondered if everyone realizes we now are re- <br />quired to collect all the leachate (runoff) off the Landfill so <br />a <br />that it does not*seep down into the water table, and must treat <br />it through an advanced wastewater treatment plant. Director <br />Pinto further advised that we also had to drill 34 wells on the <br />perimeter lines of the Landfill and it will cost $137,000 <br />annually just for monitoring and testing those wells. <br />Commissioner Bird noted that when you think of all the years <br />we have had rain water filtering down through garbage and going <br />into our aquifer, you would think someone would have realized <br />sooner that was not a good idea. <br />Utilities Director Pinto continued to review the -expenses <br />considered for the bonds, advising that the land for Segment 3 <br />was estimated at $500,000; engineering for the entire project was <br />$600,000; and the equipment necessary for operation was 1.230 <br />million, which totals up to an estimated $7,666,225. By the time <br />you bond that and prepare all the proper reserve -s, you are <br />looking at a bond issue of 8.240 million amortized over 14 -years. <br />Chairman Scurlock emphasized that he was very concerned that <br />we didn't float bonds for 30 years on something that was only <br />going to last five years because then when you have to go to the <br />next cell, you are still paying for the first cell. He asked <br />Director Pinto to explain how we arrived at the 14 year life. <br />Director Pinto explained that we took an average life of <br />each piece of material and equipment we are buying, including the <br />Landfill, the buildings, etc., and equated that into a life span <br />of 14 years. They estimated only five years of life for the cell <br />itself, but the next time we build a cell, there are some things <br />we will not have to rebuild. <br />Commissioner Wheeler asked if that 5 year life of the cell <br />takes the new laws, the recycling, etc., into consideration, and <br />that was confirmed. <br />21 <br />BOOK 74 F, CH 1?8 <br />I <br />