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CLOSING AND LONG-TERM CARE ESCROW AGREEMENT <br />For INDIAN RIVER COUNTY SOLID WASTE FACILITIES <br />The Indian River County Clerk of Circuit Court Finance Department has <br />established an interest-bearing landfill management escrow account in an <br />institution(s) according to Rule 62-701.630(5), Florida Administrative Code, <br />(F.A.C.). The beneficiaries of this account are (1) Indian River County Board of <br />County Commissioners and (2) Secretary, Florida Department of Environmental <br />Protection. The trustee of this account shall be the Indian River County Clerk of <br />Circuit Court. <br />This account is an accumulative escrow account maintained for the sole purpose <br />of landfill closing and long-term care of the county's solid waste facilities <br />according to Rule 62-701.630(5),_ F.A.C. The total amount of money kept on <br />deposit shall be determined by a Registered Professional Engineer with the State <br />of Florida and approved by the Department of Environmental Protection. <br />Funds in this account will not be used for any purposes other than landfill closing <br />and long-term care. Disbursements from this escrow account shall be made by <br />the Finance Department upon authorization of the Indian River County Director of <br />Utilities or his designee. <br />I have read this statement and agree to its contents. <br />Date: <br />Joseph E. Flescher, Chairman <br />Indian River County Board of <br />County Commissioners <br />Date: <br />Jeffrey R. Smith, CPA, CGFO <br />Indian River County Clerk of the <br />Circuit Court and Comptroller <br />Date: <br />Vincent Burke <br />Director of Utilities <br />P60 <br />