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project like this would generate. The Crisp County operation in Georgia will generate just over $16 million a year, so they are looking at a pre-tax profit of $19 million a year for a relatively small county. Crisp County made the decision to own and operate the plant themselves, and MWM serves as management advisers. What we are saying to you is that once you get into this deal and see the numbers that are here, you may want to participate in some of those profits. MWM is open to that. If you don't want to do that, there is no obligation, no financial obligation, and no obligation to the bonds. The only thing they are asking is that, from a legal standpoint, they need a vehicle that will allow them to secure long term contractors in order for them to secure a debt in the range of $60-70 million to develop this project over a period of time. Commissioner Eggert asked how many employees would be at the higher income level, and Mr. Hayes anticipated 35-40 in the waste processing facility alone. In the waste collection operation, the wages are competitive. They pay higher than minimum wage and offer incentive programs for employees. Chairman Adams inquired about a time frame for completion, and Mr. Hayes anticipated that the permitting ,process would be completed in one year, with the financing taking a year to 18 months. The contracting for waste would take place in that period of time. Mr. Hayes anticipated that they would have the project under construction within a 2 -year time frame. A 14 -month time period would be needed for the waste processing facilities and composting operations and some of the ancillary businesses will be developed in that same time frame. They expect the park to be up and operational in 4-1/2 years. Chairman Adams asked if the County's lack of a curbside garbage pickup would pose a problem, and Mr. Hayes answered that it would not. In response to Commissioner_ Bird's questions, Mr. Hayes explained that MWM would own and operate the glass and plastic operations. To achieve the County's goals, it is extremely important to have a significant stream of quality products that can be delivered day after day after day. That is what drives the industry, which is why they are looking at 1500 tons a day. That amount of waste stream would provide a flow of materials out of the plant that will attract other businesses such as a mini pulp mill. In response to Commissioner Tippin's question of legality in creating an authority to do this project, Attorney Vitunac advised JUNE 139 1996 8 aooK 98 FnE 338