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October 2000 -8- 003-2191 <br />• 1.8 FINANCIAL ASSURANCE CRITERIA <br />1.8.1 Written Documentation <br />The Applicant has included the closure and post-closure care cost estimates are <br />presented in Appendix 7. These estimates are based on the Operator hiring a third party <br />to close the facility and conduct post-closure care and monitoring. The closure estimate <br />is based a "current dollaz" estimate of a third party's cost to close the maximum area of <br />the site and facility during the active life of the facility. <br />1.8.2 Not applicable. <br />1.83 Cost Estimates. <br />The Operator has included the required cost estimates for closure and post-closure caze <br />• in Appendix 7. The Operator will provide annual adjustments for the subject costs to <br />the Department subject to the implicit price deflator of the gross domestic product. The <br />appropriate financial assurance coverage will be continually provided by the Operator. <br />The cost estimates will be replaced with new estimates every year unless otherwise <br />required by the Department or one of the governing agencies. On or about December In <br />of each year the company will provide documentation for the following year end closure <br />cost. <br />Cost estimates for closure and post-closure may be increased or decreased. Justification <br />for changing the cost estimates must be presented to the Department and/or local <br />governing body having jurisdiction. Such justification will be made a permanent part of <br />the operating record. <br />n <br />U <br />lAOZI91R1915e.Wiel'ami~1000 doc Sedalia Recycling Center aad Depository <br />