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6/13/1996
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6/13/1996
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Strategic Alliances <br />MWM is strategically aligned with key providers in the Waste Services Industry. Project <br />team members are: <br />1. Williams and Associates - General Contractor <br />2. Hayes James and Associates - Civil and Site Engineers <br />3. Rader Resource Recovery - Equipment Provider <br />4. Wastech Equipment - Design Services and Equipment Provider <br />5. Municipal Waste Software Solutions - Computerized Management Systems <br />More detailed information is included in the project Teamm section of this presentation. <br />Financial Structure <br />1. It is expected that the County will form an Indian River Authority empowered by <br />the State of Florida to enter into long-term 'put -or -pay' contracts of 15 years or <br />more with the participants in the Waste Management Plan. <br />2. The Authority will then enter into an agreement with MWM as the service provider <br />for the contracts. These contracts will be utilized to secure Industrial Development <br />Bonds secured by a Letter of Credit <br />3. Equity in the development project will be provided by a partner with MWM. <br />Several options are available to MWM depending on the final structure of the <br />agreement between MWM and the County. <br />4. Financing for three ancillary businesses will be included in the initial package with <br />the WPF; MSW Composting, Glass Blasting Materials and Plastics Extrusion. <br />Others such as Alternative Fuel Sources and Futuristic Tile will be funded through <br />expansion reserves or separate financial methods. <br />5. It is not anticipated that the financial structure of the MWM Development Plan will <br />in any way conflict with the guidelines discussed in RFOP 6047. <br />SCOPE OF SERVICES <br />Legal <br />1. MWM,s general counsel will work with the attorney for the County/Authority to <br />structure an agreement and strategy that is in the mutual best interest of the <br />parties. <br />2. MWM personnel and general counsel will structure and secure participation <br />agreements approved by the County/Authority attorney that secure long-term <br />put -or -pay contracts with the project. <br />3. MWM will comply with all state and federal regulations. <br />4. MWM is an equal opportunity employer. <br />2 <br />JUNE 139 1996 <br />BOOK 98 FArE 3.36 <br />I <br />
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