8/4/1992 - Laserfiche WebLink

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CH2M Hill, Inc., Deerfield Beach, Florida, for the design, permitting, b�ddinqq, and resident engineering inspection services for a deep injection well at the proposed location on the County landfill property (see attachment). ANALYSIS Pursuant to the requirements of Chapter 17-28.27(9) of the Florida Administrative Code, the DER may order a well plugged if it is determined that there is a threat to the waters of the State. The permit shall require the permittee to maintain financial' responsibility and resources, in the form of performance bonds or another equivalent form of financial assurance approved by the Department of Environmental Regulation to close; plug, and abandon the underground injection operation in a manner prescribed by the DER. The current plugging and abandonment cLost is estimated at $291,050.00. This cost shall be reviewed on an annual basis, and this obligation shall incorporate accumulated inflation costs. RECOMiU MON The Department of Utility Services recommends the acknowledgment and approval of the Certification of Financial Responsibility as attached, which must be submitted to the Department of Environmental Regulation as a requirement to the issuance of the subject construction and operation well permit. Commissioner Bird asked if this money has to -be put up in the form of a bond or something, and Utilities Director Terry Pinto advised that it does not. We just have to prove that;we have the ability. Commissioner Bird understood then that it is not a cash requirement at this time and that money does not have to be escrowed or anything else at this time. Commissioner Scurlock explained that what we are doing here, basically, is pledging the full resources of the county's taxpayers if this ever has to undergo a major cleanup. We are guaranteeing that we will tax the citizens of Indian River County to pay for it, whatever the cost. Commissioner Bowman pointed out that it would not be a cleanup, it would be plugging it and saying goodbye to it forever. Director Pinto pointed out that we do this very same thing every time we build a wastewater treatment plant, landfill, etc. ON MOTION by Commissioner Bird, SECONDED by Commissioner Scurlock, the Board by a 3-1 vote (Commissioner Bowman dissenting) acknowledged and approved the Certification of Financial Responsibility, as set out in the above staff recommendation. CERTIFICATION IS ON FILE IN THE OFFICE OF THE CLERK TO THE BOARD 32