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HomeMy WebLinkAbout5.717 Original Contract Task Order CONTRACT: Solid Waste Processing Facility, Development and Management Services Agreement Between the City of Port Angeles, Washington and Waste Connections of Washington, Inc. Task Order Number: TO -12 -001 Title: Material Screening Location of Work: Decant Facility Task Service: 1. Waste Connections Inc (Contractor) shall provide screening service for material at Decant Facility. There are approximately 650 yards of material to be screened. The Contractor shall screen material and remove debris large than 5/8 The Contractor shall load debris in City of Port Angeles vehicle for City personnel to empty when full. 2. Work shall be performed in the Not to Exceed (NTE) amount of $5,837.00, sales tax included. The amount will be paid as a lump sum payment following work completion and invoicing. The price includes both labor and equipment. Performance Period. The performance period for this task shall be completed no later than August 31, 2012. The Contractor shall schedule commencing and completion of work accordingly to prevent interference in daily operation of Transfer Station activities and existing work of Co- compositing. Waste Connections Inc: City of Port Angeles: Z +46=,/enk rnsli Dan Mc nage f7�3�r� City Manager Name and Title of Signer Name and Title of Signer Signa ure Signature V 60 4 e1 Date Date Task Order CONTRACT: Solid Waste Processing Facility, Development and Management Services Agreement Between the City of Port Angeles, Washington and Waste Connections of Washington, Inc. Task Order Number: TO -11 -001 Title: Material Screening Location of Work: Decant Facility Task Service: 1. Waste Connections Inc (Contractor) shall provide screening service for material at Decant Facility. There are approximately 700 yards of material to be screened. The Contractor shall screen material and remove debris large than 5/8 The Contractor shall load debris in City of Port Angeles vehicle for City personnel to empty when full. 2. Work shall be performed in the Not to Exceed (NTE) amount of $6,287.20, sales tax included. The amount will be paid as a lump sum payment following work completion and invoicing. The price includes both labor and equipment. Performance Period. The performance period for this task shall be completed no later than November 10, 2011. The Contractor shall schedule commencing and completion of work accordingly to prevent interference in daily operation of Transfer Station activities and existing work of Co- compositing. Waste Connections Inc: ignatu`re 'SiXiature WG/ 7/201,� 77/ Date bate City of Port Angeles: Kent Myers Citv Manager Name and Title of Signer 5: 7!`7 Legal Dept.08.25.11 AMENDMENT TO SOLID WASTE PROCESSING FACILITY DEVELOPMENT AND MANAGEMENT SERVICES AGREEMENT BETWEEN THE CITY OF PORT ANGELES AND WASTE CONNECTIONS OF WASHINGTON, INC. THIS AMENDMENT to the Solid Waste Processin,z Facility Development and Management Services Agreement dated April 5, 2005 is made this apa of 2011, by and between the City of Port Angeles, a Washington municipal corporation, h reinafter the "City and Waste Connections of Washington, Inc., a Washington corporation, hereinafter the "Contractor IN CONSIDERATION of the representations and the agreements set forth herein, the parties agree that the Agreement shall be amended as follows: REPRESENTATIONS: 1. On April 5, 2005, the City and Contractor entered into the Solid Waste Processing Facility Development and Management Services Agreement. That Agreement is incorporated herein by this reference and hereafter may be referred to as "the Agreement 2. The parties agree that it is in their mutual benefit to amend Section 13.1(c) of the Agreement to better express the mutual intent of the parties. 3. Except as expressly stated below, and as previously amended by written agreement, the Agreement is ratified and confirmed AGREEMENTS: A. Section 13.1(c) of the Agreement dated April 5, 2005 is amended by changing the language in the first paragraph of Section 13.1(c) as follows: (c) The Contractor shall provide each and every Drop Box Facility Commercial Hauler and Customer a serialized receipt for Disposal Charges at the Drop Box Facility, with copies retained by the Contractor in accordance with the Agreement, in order that the City may accomplish an audit of the transactions. Within ten (10) business days following the end of each month, the Contractor shall provide the City's Authorized Representative a written list and electronic copy (in a format to be specified by the City's Authorized Representative) of all serialized receipts and Disposal Charges collected by 5. 77 Legal Dept.08.25.11 AGREED TO BETWEEN THE PARTIES and effective on the last date written below. WASTE CONNECTIONS OF WASHINGTON, INC. By Name: Title: ATTEST CITY OF PORT ANGELES By Kent M City M. er By. Janessa Hurd City Clerk the Contractor from Customers using the Drop Box Facility for the previous month accompanied by Contractor payment to the City in the full amount of said Disposal Charges. Each serialized receipt shall include the date and time of service, net weight, payment method, waste type, and Disposal Charge. G ILEGALta AGREEMENTS &CONTRACTS'2011 Agmds &Contracts\SOLID WASTE Amendment 08 18 11 wpd 2 1/. Date Date APPROVED AS TO FORM By: q /a W1i1iani.Bloor City Attorney 5.7/7-;2. FIRST AMENDMENT TO SOLID WASTE PROCESSING FACILITY DEVELOPMENT AND MANAGEMENT SERVICES AGREEMENT BETWEEN THE CITY OF PORT ANGELES AND WASTE CONNNECTIONS OF WASHINGTON, INC. THIS AMENDMENT to the Solid Waste Processing Facility Developme~ M~~:~tt~t Services Agreement is made at)~~ entered into in duplicate thi~ ay of ~ h___ , 2005 by and betwetln the City of Port Angeles, a Washington municipal corporation, hereinafter the "City", 'and Waste Connnections of Washington, Inc., a Washington corporation, hereinafter the "Contractor". IN CONSIDERATION of the representations and the agreements set forth herein, the parties agree that the Agreement shall be amended as follows: REPRESENTATIONS 1. On April 5, 2005, the City and Contractor entered into the Solid Waste Processing Facility Development And Management Services Agreement. That Agreement is incorporated herein by this reference and hereafter may be referred to as "the Agreement." 2. The parties agree that it is in their mutual benefit to amend the Agreement to provide for Water Treatment Plant earthwork in accordance with the terms of Section 2.12 of the Agreement (Amendments to the Agreement) and the terms set forth below. 3. Except as expressly stated below, the Agreement is ratified and confirmed. AGREEMENTS A. Section 1 of the Agreement is amended by adding the following definition: page 1 B. Section 17.4 of the Agreement is amended, in its entirety, to read as follows: Section 17.4 Service Component I Service Fee (a) Commencing on the first day of the month following the Commercial Operations Date, the City shall pay the Contractor the Transfer Station Service Fee in accordance with this Section, as long as the Contractor is providing the services in accordance with the requirements of the Agreement; provided, however, that in the event of a dispute under the Agreement relating to such Fees, including an administrative hearing under Section 7 or 8, the City shall pay any undisputed amounts to the Contractor in accordance with the payment terms under the Agreement. Disputed amounts resolved in the Contractor's favor shall be paid immediately upon resolution, and shall include a finance charge in the amount of six percent (6%) per annum covering the period from the original due date of such Fees through the date of payment upon such resolution. (b) The Contractor's Transfer Station Service Fee will provide for monthly payment to the Contractor in accordance with Exhibit A, which Service Fee shall be adjusted annually as provided in Section 17.2. The Transfer Station Service Fee will consist of the following: . A fixed monthly fee for capital, financing, equipment and other fixed costs. The fixed monthly fee shall be modified in accordance with Section 2.15 if there is a difference between the Contractor's Transfer Station as-built site plan specified in Section 1.7.7 of the Performance Specifications and the City approved Transfer Station site plan and shall be based on the Contractor's unit prices in accordance with the Technical and Cost Proposal. The fixed monthly fee shall be modified in accordance with Section 2.15 if there is a difference in cost between the City approved design and construction documents for the card reader system and the card reader system allowance in accordance with the Technical and Cost Proposal. This fee shall not be adjusted in accordance with Section 17.2. . A monthly fee for operation of the Transfer Station based on the actual tons of Acceptable Waste (excluding Yard Waste, Biosolids, White Goods, Recyclable Materials, Acceptable HHW, and Acceptable Moderate-Risk Waste) received by the Contractor at the Transfer Station. The Contractor shall be compensated according to the unit prices for the various tonnage ranges shown in Exhibit A. · The monthly fee for operation of the Transfer Station shall not include any Acceptable Waste (excluding Yard Waste, Biosolids, White Goods, Recyclable Materials, Acceptable HHW, and Acceptable Moderate-Risk Waste) received by the Contractor on the annual benefit dump day, limited to the Facility's capacity which shall be determined at the Contractor's discretion. There shall be no reduction to the fixed monthly fee under Service Component I on account of the annual benefit dump day. . In the event the City or Clallam County retains a portion or all of the used motor oil and the Contractor's cost to provide HHW service changes, the page 2 Parties agree to negotiate mutually acceptable terms and conditions in accordance with Section 2.15. (c) Within thirty (30) days of City acceptance of the completed earthwork. the City shall make a one-time Earthwork Payment representina payment in full for Water Treatment Plant earthwork in accordance with Exhibit A and Form 7.1A contained therein. The Earthwork Payment shall not exceed the amount of $329.498.00. The Contractor's monthly Transfer Station Service Fee shall be calculated as follows: MSFI = FMF + AVF1 x (Actual tons up through 45,000 tons during a calendar year) + AVF2 x (Actual tons from 45,001 to 60,000 tons during a calendar year) + AVF3 x (Actual tons over 60,000 tons during a calendar year) where: A VF2 = Total Monthly Service Fee for Service Component I. Fixed Monthly Fee for the Transfer Station. Adjusted unit price per ton for the first 45,000 tons during a calendar year. Adjusted unit price per ton for 45,001 to 60,000 tons during a calendar year. Adjusted unit price per ton for over 60,000 tons during a calendar year. Tons = Monthly tons received and handled. NOTE: Tonnage shall be rounded up to the nearest ton. MSFI = FMF = AVF1 = A VF3 = C. Section 4.6.2.8.2 of Exhibit A of the Agreement is amended, in its entirety, to read as follows: 4.6.2.8.2 Topographic Conceptual Site Plan The Site Plan is a general arrangement drawing showing the proposed locations of buildings, structures, roadways, parking areas, and pavement elevations. The delineated on-site roadways will be improved to accommodate anticipated traffic volumes and vehicle types. Roadways (12-ft. lanes), parking, and maneuvering areas will be designed with pavement thicknesses and subgrade materials meeting City Standards. Important features designed into these improvements include sufficient road widths and curve radii to accommodate tractor and chassis lengths in excess of 70-ft. In general, road grades page 3 will not be steeper than 5 percent. P9 shows the off-site roadway (18th Street), as well as the existing entrance road on the north part of the site, that will be improved by the City. Grading of the transfer station site will be compatible with the grading requirements of the water treatment plant and its vehicle entrance, and the existing site-entrance road after it has improved to handle the transfer station traffic. The firing range berm will not be relocated; its top and western face will remain unchanged, while grading/reshaping of the eastern face will be minor. Earthwork for the Water Treatment Plant will be compatible with the Qradina requirements of the Transfer Station. See 4.6.2.8.4 for a discussion of transfer building's expandability to meet 100 percent of the 20-year term waste loading. The large trailer yard north of the building provides ample parking and maneuvering space for transfer trailers and containers on chassis. The Information Kiosk, an 8-foot square structure next to the self-haul doors of the transfer building, provides a convenient place for customers to obtain recycling and solid waste fact sheets. The site is subject to strong winds. Planting windbreaks and litter fences will be incorporated to control wind-blown litter on the site, as well as operational controls such as daily litter patrols. Bird wires may be used to discourage gulls from frequenting the facility. D. Section 1.6.2 of Exhibit B of the Agreement is amended, in its entirety, to read as follows: 1.6.2 Submission, Review, and Approval of Design Documents During design of the facilities, the Contractor's Authorized Representative shall make available for the City's Authorized Representative review and approval, all plans, drawings, calculations, construction materials, specifications, schedules, and other documents related to the design and construction of the facilities. These documents shall be provided with the 50 and 95% percent design, and 100% design submittals as provided in Table B.1-1. The City's Authorized Representative will have final approval authority for the design and construction documents. The design shall be based on the Contractor's conceptual design. The design shall evaluate priorities, assumptions, if spaces or functions can be shared or co-located, if Facility size is adequate, and to optimize use of the site. The Contractor's Authorized Representative shall also provide as-builts in accordance with the Project Construction Schedule. The City's Authorized Representative review of the reference materials will be limited to determining whether the design conforms to the requirements of the Performance Specifications and the Service Agreement. The reviews and any comments made by the City's Authorized Representative on the plans, specifications, drawings, schedules, and the like, shall not relieve the Contractor from its obligations under the Service Agreement, and those representations made in its Technical and Cost Proposal. The Contractor shall not commence construction or operations until the City's Authorized Representative approves the design and construction documents, and the Preliminary Operations Plan. page 4 The Contractor's Authorized Representative shall submit for the City's Authorized Representative review and approval, at a minimum, the following design documents: . General Facility site layout (scale not smaller than 1 inch equals 50 feet). . A site plan including a calculation of the excavation/cut, fill/compaction, and haul excess material quantities based on the City provided site topographic survey in accordance with the Technical and Cost Proposal. The site plan shall identify where excess materials shall be stored on-site by the Contractor at the time of excavation. . An earthwork plan that coordinates cuttina and fillina activities in accordance with the Statement Of Work under Task Aareement No. 1 of the Cooperative Aareement between the United States of America. actina throuah the Department of Interior. National Park Service. Olvmpic National Park and the City and the Contractor's Technical and Cost Proposal. . Building Plans: floor plans, sections, elevations, interior and exterior details, finish schedules, and specifications. . Electrical and mechanical drawings. . Grading drainage utility drawings. . On-site roadway improvements. · General equipment arrangements and elevation drawings. . Traffic control/traffic flow. . Control system schematic and logic. . Major equipment specifications. . Status of construction permits. . Status of equipment procurement. . Assumptions. · Materials to be used in construction, including brand name or model number, copies of manufacturer's descriptive literature, or catalog cut- sheets. Within 15 days of receipt of all review documents, the City's Authorized Representative will meet with the Contractor's Authorized Representative to discuss the documents, and identify any required changes. In the event that the City's Authorized Representative design review determines that the Facility design, construction documents, or Preliminary Operations Plan are not consistent with the Technical and Cost Proposal, the Performance Specifications, or the Service Agreement, the City's Authorized Representative, will provide the Contractor's Authorized Representative with a written notice of any required changes. The Contractor's Authorized Representative shall promptly correct any changes required by the City's Authorized Representative. The City's Authorized Representative review and approval of these design materials will not constitute a determination as to the sufficiency or adequacy of the page 5 design plans, specifications, or engineering or construction judgments made by the Contractor, nor shall the review act as a waiver of liability or relieve the Contractor of any obligation to design, construct, and operate the Facility in a manner which conforms to the Performance Specifications and the Service Agreement. Nothing in this section shall excuse the Contractor from proceeding with performance of its obligations under the Service Agreement. E. Section 1.7.4 of Exhibit B of the Agreement is amended, in its entirety, to read as follows: 1.7.4 Facility Site Preparation The Contractor shall be responsible for site preparation. All permit applications for site preparation shall be the responsibility of the Contractor. The Contractor may Dispose of unsuitable fill material excavated from the Transfer Station and Water Treatment Plant site~ at the Port Angeles Landfill at no charge. Site preparation by the Contractor for the Transfer Station and Water Treatment Plant includes but is not limited to: . Site grading. . Extending and connecting Utilities, including stormwater, sanitary sewer, potable water, temporary provision of bottled water for potable purposes, electrical, and telecommunications. · Connecting the Co-Composting Facility's leachate collection system to the sanitary sewer. . Security improvements in accordance with the Contractor's Technical and Cost Proposal. . Improvement of on-site roads, including overlay, widening, and drainage controls to accommodate the change in the on-site traffic circulation resulting from the Transfer Station development. The Contractor shall improve on-site roadways in a manner that provides access to the Transfer Station, scale house, Co-Composting Facility, Moderate-Risk Waste Facility (MRWF), and other site facilities, and maintains existing drainage and stormwater controls. · Cuttina and fillina activities at the Transfer Station and Water Treatment Plant. relocatina a portion of the east berm of the firina ranae. preparina an area that will support the Transfer Station main structure. and shapina the area between the Transfer Station and Water Treatment Plant in accordance with the Statement Of Work under Task Aareement NO.1 of the Cooperative Aareement between the United States of America. actina throuah the Department of Interior. National Park Service, Olvmpic National Park and the City. page 6 F. Section 1.7.7 of Exhibit B of the Agreement is amended, in its entirety, to read as follows: 1.7.7 Completion of Construction Upon notification by the Contractor's Authorized Representative, the City's Authorized Representative shall inspect the Facility for completion and conformance to the City's Authorized Representative's approved design and construction documents, and any City approved modifications. Prior to Startup, the Contractor's Authorized Representative shall provide the City's Authorized Representative with as-built documentation for all Contractor-constructed features. The as-built site plan for the Transfer Station and aradina plan for the Water Treatment Plant shall include a separate calculation of the actual excavation/cut, fill/compaction, and haul excess material quantities based on the City provided site topographic survey. The City's Authorized Representative will review the as-builts and, as appropriate, notify the Contractor's Authorized Representative that construction is approved. page 7 G. Itemized List F (page 3) of the Technical and Cost Proposal form 7.1A of Exhibit A of the Agreement is amended, in its entirety, to read as follows: FORM 7.1A TECHNICAL AND COST PROPOSAL OTHER BREAKDOWN Itemized List F 7.1A# Description Quantity Unit Unit Cost TOTAL Comments Site Improvement, Prep, Utilities $ 991 ,000 TOTAL 5 Total excavation/cut - TS 50,000 CY $ 332 $ 166,000 raise Transfer Bldg & Trailer Parking by 5 Fill/compaction - TS 15,000 CY $ 7.20 $ 108,000 -1 ft to reduce cuVfill 5 Structural fill/compaction - TS 5,000 CY $ 10.00 $ 50,000 5 Haul excess matenal 30,000 CY $ 1.20 $ 36,000 5 Dewatenng 1 LS $ 5,000 $ 5,000 5 Potable Water/Fire Main 1 LS $ 134,000 $ 134,000 pipe, hydrants, meters, backflow 5 Sanitary Sewer 1 LS $ 75,000 $ 75,000 2 11ft stations, pipe 5 Storm Drainage System 1 LS $ 134,000 $ 134,000 pipe, ditch, culvert 5 Curbs 200 LF $ 40 $ 8,000 5 Stnplng 1 LS $ 2,000 $ 2,000 5 Site Concrete -- sidewalks, etc 20 CY $ 300 $ 6,000 5 Litter Fence 1,000 LF $ 30 $ 30,000 5 Slgnage 1 LS $ 5,000 $ 5,000 5 Landscaping 1 LS $ 15,000 $ 15,000 5 Power Supply & dlstnbutlon 1 LS $ 126,000 $ 126,000 5 Site Lighting 1 LS $ 52,000 $ 52,000 5 2" condUits for City's telecomm 1 LS $ 39,000 $ 39,000 5 finng range berm - not relocated 0 CY $ 2.40 $ Included In TS excavation/cut. berm IS not relocated, height & west are unchanged, east slope IS regraded Earthwork for areas impacted bv Water Treatment Plant $ 329.498 ~ Cleanna & tOPsoil stripPlna LS $2.000 00 $ 2.000 Water Treatment Plant excavation ~ (area A) 0 CY $3 32 $ Water Treatment Plant Enalneered Fill ~ (area A) 2.450 CY $1000 $ 24.500 ~ Flnna ranae berm excavation (area B) 2.300 CY $2 40 $ 5.520 ~ Flrina ranae berm fill (area B) 10.350 CY $720 $ 74.520 ~ Facilltv excavation (area C) 6.900 CY $3 32 $ 22.908 ~ Facllltv enalneered fill (area C) 19.505 CY $10 00 $ 195.050 ~ EnQlneenna desian & speCifications 1 LS $5.000 00 $ 5.000 page 8 TECHNICAL AND COST PROPOSAL OTHER BREAKDOWN Itemized List D 1 2 21 Tarp Station 21 Pit Scales 21 Card Reader System Allowance 29 Sweeper 29 Pick Up Truck 1 Unit $ 30,000 $ 40,000 $ 70,000 $ 140,000 $ 30,000 $ 20,000 $ 50,000 page 9 AGREED TO BETWEEN THE PARTIES and effective on the last date written below. WA By Name Chairman, Chief Executive Officer Title CITY OF PORT ANGELES ?1-L~.~ By MARl< E-. MA~~N Na~e . I T V f./t..ANA(b~ f<- Title ATTEST: .pO~~ .))ptoA ])E2J1-XY J'. [).pT 0 N Name City Clerk Date , 0 / z,.o I-z..oo~ Date ~A~TO~ By W:/I/~rM J)/.(J{)r Name City Attorney N IPWKSILIGHTlPOWMISWASTEIWC NEGOTlATIONlSOLlD WASTE SERVICE AGREEMENT AMENDMENT 1 093005 DOC '- page 10 ~.<.I DATE: To: FROM: SUBJECT: 5.7J7~ c2 af,(M ~RTANGELES WAS H I N G TON, U. S. A. CITY COUNCIL MEMO September 20, 2005 CITY COUNCIL Glenn A. Cutler, Director of Public Works and Utilities Solid Waste Services Agreement Amendment & National Park Service Agreement Summary: The Water Treatment Plant (WTP) construction schedule has been delayed which impacts construction of the Transfer Station (TS). Agreements have been negotiated with Waste Connections and the National Park Service to complete the earthwork for the WTP to ensure that construction of the TS is not delayed. Recommendation: Authorize the City Manager to sign 1) the Agreement with the National Park Service - Olympic National Park (NPS-ONP), and 2) the amendment to Solid Waste Processing Facility Development and Management Services Agreement with Waste Connections of Washington, Inc., and 3) authorize the City Manager to approve minor chan es, if necessa , to the a reements. Background/Analysis: On AprilS, 2005, the City Council approved the Solid Waste Processing Facility Development and Management Services Agreement with Waste Connections of Washington, Inc. A key component of the agreement includes construction ofthe TS, which is needed as the City shifts to a waste export system. The start of construction of the WTP has been delayed, which impacts the TS construction schedule. It is imperative that construction of the TS not be delayed since the landfill is anticipated to close by December 31, 2006. In cooperation with the National Park Service and Waste Connections, staff negotiated an amendment to the agreement with Waste Connections for Water Treatment Plant earthwork, the cost of which would be reimbursed to the City by agreement with the National Park Service. The proposed amendment to the Services Agreement includes City payment of a lump sum to Waste Connections for earthwork (limited to areas agreed upon between Waste Connections, NPS-ONP and the City). City payment to Waste Connections for a portion of the TS earthwork is already covered in the Services Agreement. The proposed agreement with the NPS-ONP includes reimbursement to the City for the additional work anticipated to be accomplished under the WTP construction contract. The agreements between the NPS-ONP will make the City and Waste Connections whole. N \CCOUNCIL\CC2005\CC0920\WCWI & NPS Agreements re grading DOC , "- August 16, 2005 CIty Council Re Electric Rate Adjustments Page 2 Attached are the drafts of the agreements that are still being finalized. It is anticipated that if any changes are necessary they will be minor. The agreement with NPS-ONP is in the amount of $499,710.22 and the agreement amendment with Waste Connections will be in the not to exceed amount of$329,498.00. It is recommended that the Council authorize the City Manager to sign 1) the Agreement with the National Park Service - Olympic National Park (NPS-ONP), and 2) the amendment to Solid Waste Processing Facility Development and Management Services Agreement with Waste Connections of Washington, Inc,. and 3) authorize the City Manager to approve minor changes, if necessary, to the agreements. Attachments: Cooperative Agreement NPS-ONP & City (Draft) First Amendment to Waste Connections Agreement (Draft) N \CCOUNCIL\CC2005\CC0920\WCWI & NPS Agreements re gradmg DOC . . .~ CITY OF PORT ANGELES SOLID WASTE PROCESSING FACILITY DEVELOPMENT AND MANAGEMENT SERVICES AGREEMENT between CITY OF PORT ANGELES, WASHINGTON and WASTE CONNECTIONS OF WASHINGTON, INC. dated April 5, 2005 5.7/7 City of Porl Angeles April 5, 2005 The City of Port Angeles Solid Waste Processing Facility Development and Management Services Agreement (the "Service Agreement") consists of four components. The following brief description of these four components is provided for informational purposes only, and the entire document shall be considered for determining terms, conditions, obligations, and requirements for the Project. . 1. Contractual Provisions The Service Agreement includes all contractual provisions relating to design, construction, financing, and operation of the Project. Attached to the Service Agreement are three (3) Exhibits that provide technical and financial details of the Project and payment terms for facilities and services. The term "the Agreement" refers collectively to the Service Agreement and the Exhibits. 2. Contractor Technical and Cost Proposal The Contractor's Technical and Cost Proposal is a document in which Waste Connections of Washington, Inc. has described its approach for Project development and operation under the Service Agreement. The Contractor's Technical and Cost Proposal is attached to the Service Agreement as Exhibit A. 3. Performance Specifications Most of the detailed technical requirements for the Project are located in the Performance Specifications. The Performance Specifications provide for a Project Development Plan and an Operations Plan for the Project. The Performance Specifications are attached to the Service Agreement as Exhibit B. . 4. Amortization Schedule Upon City termination of the Service Agreement prior to its Term and after the Commercial Operations Date, the City will provide a Final Payment to the Contractor for completion of the Fixed Transfer Facilities and the Moderate-Risk Waste Facility. The Amortization Schedule is attached to the Service Agreement as Exhibit C. ~ City of Port Angeles April5,2005 . . . TABLE OF CONTENTS CONTRACTUAL PROVIS IONS ....... .... ........ .......... ............................. ............................1 DIVISION I RfGHTS AND DUTIES ..........................................................................1 SECTION 1 DEFINITIONS .................................................................................... 1 SECTION 2 GENERAL PROViSiONS................................................................. 12 Section 2.1 Law Applicable ...............................................................................12 Section 2.2 Entire and Complete Agreement .......................... ................... .......12 Section 2.3 Severability................................................................. .................... 12 Section 2.4 Time of the Essence, Waiver, Approvals........................................ 12 Section 2.5 Construction of Terms...... ........... ................... ....... .......... ...............13 Section 2.6 City Access ....................................................................................13 Section 2.7 Compliance With Law................. ........ .......... ......... ..... ....................13 Section 2.8 Third Party Beneficiaries and Liabilities.......................................... 14 Section 2.9 Representatives............................................................................. 14 Section 2.10 Notices..... ...... ................ ............... ........... ...... .......... ........ ............14 Section 2.11 Division, Section and Subsection References ..............................15 Section 2.12 Amendments to the Agreement.................................................... 15 Section 2.13 Contractor as Independent Contractor .........................................16 Section 2.14 Scheduling; Management; Quality of Performance ......................16 Section 2.15 Modifications to the Exhibits .........................................................16 Section 2.16 Service Area Waste Direction................. ........ .............................. 18 Section 2.17 Records, Reports and Plans by Contractor ..................................19 Section 2.18 Confidentiality and Public Records...............................................21 Section 2.19 Counterparts................................................................................. 22 Section 2.20 Contracts or Approvals................................................................. 22 Section 2.21 Limitation of Liability of the City ....................................................22 Section 2.22 Discrimination............................................................................... 22 Section 2.23 Staff.............................................................................................. 23 Section 2.24 Liens and Encumbrances; Property Rights ..................................23 Section 2.25 Use of Facilities for Out-of-County Waste ....................................24 Section 2.26 Notice of Reduction in Processing Capacity .................................24 Section 2.27 Accidents; Complaints ............. ......... .............. ...... ........................ 25 Section 2.28 Coordination Meetings.............. ........ ...... ....... ............ ...................25 Section 2.29 Fines and Civil Penalties ..............................................................25 Section 2.30 Taxes and Fees.......... ................. ................... ............. ....... ..... ..... 26 Section 2.31 Security .............. ................. ........ ...... ......... ............. ................ ..... 26 Section 2.32 Utilities.. ....... ............................ ........... ............. ..................... ........26 SECTION 3 REPRESENT A TlONS AND WARRANTIES ....................................26 Section 3.1 Representations and Warranties of the Contractor ........................26 Section 3.2 Representations and Warranties of the City ...................................28 SECTION 4 TERM................................................................................... ............30 City of Port Angeles April 5, 2005 TABLE OF CONTENTS Section 4.1 Term of the Agreement ..................................................................30 Section 4.2 City Termination of the Agreement for Convenience...................... 30 Section 4.3 City Final Payment for Facilities - Termination for Convenience ....32 SECTION 5 INSURANCE, INDEMNIFICATION AND BONDS............................ 32 Section 5.1 Insurance................................. .......... ............ .............. ..................32 Section 5.2 Delivery of Policies; Required Provisions .......................................34 Section 5.3 Indemnification....... ......... .......... ............................ .......... ...... ......... 35 Section 5.4 Performance Bonds and Financial Guarantee ...............................38 Section 5.5 Delivery of Bonds; Required Provisions .........................................40 SECTION 6 ASSIGNMENT, SUBCONTRACTING, CHANGE OF CONTROL.....40 Section 6.1 Contractor Assignment and Delegation..........................................40 Section 6.2 Contractor Subcontracts. ............... ................ ..... .......... ..................40 Section 6.3 Change In Control or Ownership....................................................41 Section 6.4 Binding Effect.......... ........ ...... ....... ................... ............ .................. .41 SECTION 7 CONTRACTOR VIOLA TlONS OF SERVICE COMPONENTS AFTER COMMERCIAL OPERA TIONS DA TE ....................................................................41 Section 7.1 Violation Resolution Process..........................................................41 Section 7.2 Violation Cure Period Extension.....................................................42 Section 7.3 Violation Sanctions......................................................................... 42 Section 7.4 Violation Refutation ........................................................................42 Section 7.5 Liquidated Damages ...... ............................... ..... ........ ................... .43 SECTION 8 DEFAULT AND TERMINA TlON ...................................................... 44 Section 8.1 Contractor Events of Default ..........................................................44 Section 8.2 Right to Cure Contractor Event of Default......................................45 Section 8.3 Remedies for Contractor Event of Default.......................................46 Section 8.4 City Event of Default..... ......... ..... ....... .............. ........... ....................48 Section 8.5 City Final Payment for Facilities - Event of Default.........................48 Section 8.6 Remedies Cumulative, No Waiver..................................................49 SECTION 9 UNCONTROLLABLE CIRCUMSTANCES.......................................49 Section 9.1 "Uncontrollable Circumstance" Defined..........................................49 Section 9.2 Obligations In the Event of an Uncontrollable Circumstance........... 51 Section 9.3 Termination Due to Uncontrollable Circumstances ........................52 SECTION 10 ACCEPTANCE OF WASTE..........................................................53 Section 10.1 Acceptance of Acceptable Waste .................................................53 Section 10.2 Ownership of Acceptable Waste ..................................................53 Section 10.3 Ownership of Unacceptable Waste ..............................................53 Section 10.4 Unacceptable Waste and Hazardous Waste Procedures.............54 Section 10.5 Survival of Rights and Obligations for Unacceptable Waste.......... 54 City of Port Angeles ii April 5, 2005 . . . . . . TABLE OF CONTENTS DIVISION II SCOPE OF WORK/SERVICE COMPONENTS ..................................55 SECTION 11 SERVICE COMPONENT I TRANSFER STA TION FA CILITY/OPERA TIONS ....................................................................................... 55 Section 11.1 GeneraL.. ................. ......... ................ .......... ........... ............... ........55 Section 11.2 Disposal Site Capacity.................................................................. 55 Section 11.3 Repair and Replacement of the Transfer Station .........................55 Section 11.4 Restoration of the Transfer Station............................................... 55 Section 11.5 Financing. ............... ...................................... .......... ........ .............. 56 Section 11.6 Contractor Use of Facilities.......................................................... 56 SECTION 12 SERVICE COMPONENT /I TRANSPORT AND DISPOSAL...........56 Section 12.1 General......................................................................................... 56 Section 12.2 Disposal Site Capacity.................................................................. 57 Section 12.3 Trailers... ...... .......... .......... .............. ............. ........................ ......... 57 SECTION 13 SERVICE COMPONENT 11/ BLUE MOUNTAIN OPERATIONS...... 57 Section 13.1 General.... ...... ....... ...... .......... ........ .................. ......................... ..... 57 Section 13.2 Repair of the Drop Box Facility..................................................... 58 SECTION 14 SERVICE COMPNENT IV RECYCLING OPERA T10NS .................58 Section 14.1 General... .............. ........................................................... ...... ....... 58 Section 14.2 Vehicles.. ..... .......... ................................ ....... .......... ............... .......59 Section 14.3 Repair of the Drop-Off Facilities ...................................................59 SECTION 15 SERVICE COMPONENT V CO-COMPOSTING OPERA T10NS ..... 59 Section 15.1 General......................................................................................... 59 Section 15.2 Repair of the Co-Composting Facility........................................... 59 SECTION 16 SERVICE COMPONENT VI MODER A TE-RISK WASTE FACILITY/OPERA TIONS .....:. ...... .... ..... ......... ...... ............................ ...... ................59 Section 16.1 General......................................................................................... 59 Section 16.2 Disposal Site Capacity.................................................................. 60 Section 16.3 Repair and Replacement of the Moderate-Risk Waste Facility .....60 Section 16.4 Restoration of the Moderate-Risk Waste Facility ..........................60 Section 16.5 Financing................. ...... ......................... ................ ....... ......... ......60 Section 16.6 Contractor Use of Facility .............................................................61 City of Port Angeles iti April 5, 2005 TABLE OF CONTENTS DIVISION III' PAYMENT PROVISIONS ................................................................61 SECTION 17 DISPOSAL CHARGES AND SERVICE FEES............................... 61 Section 17.1 Disposal Charges to be Collected ................................................61 Section 17.2 Adjustment of Service Fees..........................................................62 Section 17.3 Adjustment of Liquidated Damages..............................................63 Section 17.4 Service Component I Service Fee ................................................64 Section 17.5 Service Component II Service Fee...............................................65 Section 17.6 Service Component III Service Fee..............................................67 Section 17.7 Service Component IV Service Fee..............................................67 Section 17.8 Service Component V Service Fee...............................................69 Section 17.9 Service Component VI Service Fee............................................ 70 Exhibit A: Contractor Technical and Cost Proposal Exhibit B: Performance Specifications Exhibit C: Amortization Schedule City of Port Angeles iv Apnl 5, 2005 . . . . . . CONTRACTUAL PROVISIONS This Agreement is made and entered into this fifth day of April, 2005, by and between the City of Port Angeles, a non-charter code city of the State of Washington ("City"), and Waste Connections of Washington, Inc., a Washington corporation ("Contractor" and, collectively with the City, the "Parties"), for the purpose of the Contractor providing the City with the following Service Components (I) constructing and operating a Transfer Station, (II) transporting and disposing of Acceptable Waste (excluding Yard Waste, Biosolids, White Goods, Recyclable Materials, and Acceptable Moderate-Risk Waste) at a permitted Disposal Site located outside of Clallam County, (III) operating the Blue Mountain Drop Box Facility, (IV) collecting and processing Recyclable Materials, M operating a Co-Composting Facility, and (VI) constructing and operating a Moderate-Risk Waste Facility and transporting and disposing of Acceptable Moderate-Risk Waste. DIVISION I RIGHTS AND DUTIES SECTION 1 DEFINITIONS Unless otherwise specified in this Service Agreement, words shall be given their ordinary and usual meaning. The meanings shall be applicable to the singular, plural, masculine, feminine and neuter or the words and terms. As used in this Service Agreement and the Exhibits hereto, the following terms shall have the following meanings set forth in this Section, unless another meaning is expressly provided for a particular term in accordance with Section 2.5 or elsewhere in the Agreement: "Acceptable Household Hazardous Waste" includes only items described in Technical and Cost Proposal Form 7.1B. "Acceptable Moderate-Risk Waste" includes only items described in Technical and Cost Proposal Form 7.7A. "Acceptable Special Waste" includes only items described in Technical and Cost Proposal Form 7.2A. "Acceptable Waste" means all putrescible and nonputrescible waste, including but not limited to garbage, rubbish, refuse, ashes, paper and cardboard; Yard Waste, including plant, grass clippings and leaves and other organic yard trimmings; commercial waste, demolition and construction wastes; wood waste; Acceptable Special Waste; Acceptable Moderate-Risk Waste; Acceptable Household Hazardous City of Port Angeles 1 Apri15,2005 Waste; Recyclable Materials, discarded home and commercial appliances; and manure, . vegetable or animal solid and semisolid wastes. The term includes other materials and substances that may in the future be included in the definition of "solid waste", or any successor term, in Chapter 70.95 RCW and the Waste Acceptance Policy and regulations promulgated thereunder, but the term does not include Unacceptable Waste as defined in the Agreement. "Acceptance Testing" means the activities conducted at the Transfer Station and Moderate-Risk Waste Facility during Startup to demonstrate the operational ability of the Facilities to handle and process Acceptable Waste and Acceptable Moderate- Risk Waste respectively, in accordance with Exhibits A and B. "Agreement" or "Service Agreement" or "Solid Waste Processing Facility Development and Management Services Agreement" means the Contractual Provisions and Exhibits A-C, as the same may be amended, modified, and supplemented from time to time in accordance with the Agreement. "Amortization Schedule" means Exhibit C. "Applicable Law" means all federal, state, regional or local statutes, rules, codes, regulations, resolutions and ordinances that apply to the Facilities or any of Contractor's operations or obligations under the Agreement. "Appurtenance" means fixtures, equipment, and accessories that are physically . attached or connected to the Facilities. "Asbestos" means asbestos or asbestos-containing waste materials as defined under, and that are packaged in accordance with, regulations of the U.S. Environmental Protection Agency at 40 C.F.R. Part 61.142 or other Applicable Law. "Authorized Representative" means: (i) when used with respect to the City, the Public Works and Utilities Director or other Person or Persons designated in writing from time to time as the representative of the City with respect to the Agreement, which notice is delivered to the Contractor's Authorized Representative; and (ii) when used with respect to the Contractor, any Person or Persons designated from time to time by the Contractor as the Contractor's Authorized Representative, but only if written notice of that designation is delivered to the City's Authorized Representative. See also Section 2.9. "Bio-Medical Waste" means noninfectious and/or non-injurious waste or treated and properly packaged infectious and/or injurious waste, which is generated in the diagnosis, treatment or immunization of humans or animals, in research pertaining thereto, or in the production or testing of biologicals and which may be deposited in the general solid waste stream under federal, state and local laws and regulations, including but not limited to the regulations of the local Health Department. The term does not include infectious waste originating in a medical, veterinary or intermediate care facility . CIty of Port Angeles 2 April 5, 2005 . . . that has not been treated and that may not be deposited in the general solid waste stream under applicable federal, state or local laws or regulations, including but not limited to, the local Health Department regulations. As used above, the term "biologicals" means substances made from living organisms and byproducts of such substances including but not limited to vaccines and cultures, intended for use in diagnosing, treating or immunizing humans or animals or in research pertaining thereto. "Biosolids" means municipal sewage sludge that is a primarily organic, semisolid product resulting from the wastewater treatment process, which can be beneficially recycled and meets all requirements under Chapter 70.95J RCW. "City" means the City of Port Angeles, Washington, its successors and, to the extent expressly permitted by the Agreement or otherwise required by law (whether now existing or hereafter enacted), its assigns. "City Attorney" means the City of Port Angeles City Attorney or his or her designee. "City Event of Default" means the occurrence of an event described in Section 8.4. "City Property" means and includes all real property, the Facilities, the Appurtenances, buildings, utility poles, conduits, and similar facilities owned by the City and all property held in a proprietary capacity by the City. "Co-Composting Facility" means the City of Port Angeles Co-Composting Facility that is used for processing Biosolids and Yard Waste into a Class A compost product for resale by the City to Customers in accordance with Exhibit B. "Commencement Date" means with respect to the Project or to a Service Component, the date designated by the City's Authorized Representative in writing as the date the Contractor may proceed with the Project or the Service Components. "Commercial Hauler" means any Person authorized to collect and transport Acceptable Waste in the unincorporated areas of the County or in the City, pursuant to a certificate of authority granted by the Washington Utilities and Transportation Commission or any successor agency or pursuant to any other authorization required under Applicable Law. "Commercial Operations Date" for Service Components I and VI means the first day that the Contractor is capable of processing Acceptable Waste at the Facilities, provided that the first day of processing is (i) no earlier than June 1, 2006 and no later than October 2, 2006, and (ii) the City has approved the completion of construction and Acceptance Testing and the Contractor's Operations Plan as required by Exhibit 8 of the Agreement for Service Components I and VI. For all other Service Components, the Commercial Operations Date shall mean the first day that the Contractor begins to City of Port Angeles 3 April 5, 2005 provide services under such Service Components. . "Compost Materials" means a Class A compost product produced at the Co- Composting Facility. "Comprehensive Solid Waste Management Plan" means the Clallam County Comprehensive Solid Waste Management Plan adopted in accordance with Chapter 70.95 RCW, including any subsequent amendments to said Plan. "Consumer Price Index" or "CPI" means the non-seasonally adjusted Consumer Price Index - All Urban Consumers for the West Urban Area, Washington, Standard Metropolitan Statistical Area, as published from time to time by the United States Department of Labor, Bureau of Labor Statistics, or any other appropriate index as may be mutually agreed upon in writing by the Parties. "Contingency Plan" means the plans to be developed as part of and included within the Project Development Plan and the Operations Plan, setting forth the Contractor's back-up and alternative arrangements for processing Acceptable Waste in the event that (i) the Transfer Station and/or Moderate-Risk Waste Facility Startup and Acceptance Testing does not commence by July 3, 2006, or (ii) following the Commercial Operations Date, if any circumstances should occur that limit or restrict the ability of the Transfer Station, Moderate-Risk Waste Facility, Transport Facility, or Disposal Site to process Acceptable Waste. "Contractor" or "Successful Proposer" means Waste Connections of Washington, Inc., and, to the extent permitted by the express terms of the Agreement, its successors and assigns. . "Contractor Event of Default" means the occurrence of anyone or more of the events described in Section 8.1. "Contractor Property" means and includes all equipment such as the loaders, yard goats, trailers, vehicles, and lifts that are commonly referred to as "rolling stock" including Transfer Station Equipment. "Control" or "Controlling Interest" means actual working control in whatever manner exercised. "Cost Substantiation" means for the purposes of any adjustments to the Service Fee(s), delivery to the City of a certificate signed by the Contractor's Authorized Representative, stating the amount of that adjustment and the reason why that adjustment is properly chargeable or credited to the City, and stating and documenting, if applicable, that the adjustment is an arm's length and competitive price for the service or materials supplied. "County" means Clallam County, a political subdivision of the State of . City of Port Angeles 4 April 5, 2005 . . . Washington. i "Customer" means any Commercial Hauler, general public self-hauler, or general public collection customer which is using the Facilities whether or not a fee is paid. "Default" means breach of the Agreement by either Party as defined in Section 8. "Default Notice" means a written notice given by one Party to the other pursuant to the provisions of Section 8 hereof. "Delivery Hours" means the days and hours of operation as set forth in Exhibit B. "Dispose or Disposal" means all work, services or operations performed by the Contractor pursuant to the Agreement after Acceptable Waste leaves the boundaries of the Facilities pursuant to the Agreement. "Disposal Charges" means charges paid by Customers based on Tip Fees established by the City. ' "Disposal Site" means the Finley Buttes Regional Landfill, in Boardman, Morrow County, Oregon, or any other similarly permitted disposal facility to be used by the Contractor for the treatment, utilization, processing, and/or deposit of any Acceptable Waste received under the Agreement, including all Contractor Property used at that site for purposes of the Agreement. "Drop-Box Facility" or "Drop-Box Station" means the drop-box station located on Blue Mountain Road, between Sequim and Port Angeles, Washington for receiving Acceptable Waste (excluding Yard Waste, Biosolids, White Goods, Acceptable Special Waste, and Acceptable Moderate-Risk Waste). "Drop-Off Facility" or "Drop-Off Station" means either of the drop-off stations located at the Transfer Station and on Blue Mountain Road, between Sequim and Port Angeles, Washington for Recyclable Materials (excluding Moderate-Risk Waste and White Goods). "Equipment Schedule" or "Transfer Station Equipment Schedule" means the schedule of equipment used at the Transfer Station, including original purchase price, manufacturer's estimated service life, and accumulated depreciation based on the straight-line accounting method. "Facility" or "Facilities" means the Transfer Station, Drop Box Facility, Drop- Off Facilities, Co-Composting Facility, Moderate-Risk Waste Facility, and the Landfill, all of which form the City's solid waste processing facility. City of Port Angeles 5 April 5, 2005 "Facility Damages" means any damage to the Facilities and Appurtenances. . Facility Damages include by ways of example but not limitation, inoperable appliances, broken fixtures, torn or damaged floor coverings, and substandard repairs. Facility Damages includes damage to Facilities and Appurtenances that result from any cause. "Final Payment" means the amount due by the City to the Contractor upon City termination of the Service Agreement prior to its twenty (20) year Term representing full payment for completion of the Fixed Transfer Facilities and Moderate-Risk Waste Facility in accordance with Sections 8.5(b) and 4.3 and Exhibit C. Subject to the availability of a Department of Ecology grant for the MRWF, the City shall have a prepayment privilege of the unpaid principal balance specified in Exhibit C without any prepayment penalty. "Fixed Transfer Facilities" means the Transfer Station main building, public drop-off and receiving areas, staff areas and facilities, scale house and scales, scale instrumentation and interface to the City's data network system, permanent pollution prevention facilities, fixed (Le., non-mobile) compaction equipment, other fixed equipment and the associated initial spare parts inventory, all of which are constructed or provided by the Contractor for the performance of the Contractor's obligations under the Agreement. "Fuel Price Index" or "FPI" means an annual average of the "Weekly Retail On- Highway Diesel Prices for the West Coast", as published from time to time by the United . States Department of Energy, Energy Information Administration, or any other appropriate index as may be mutually agreed upon in writing by the Parties. The FPI shall apply toward the Contractor's unit price under Service Component II for transport via short-haul road tractor from the Transfer Station to the Contractor's intermodal facility (where containers will be placed on rail cars) and from the Contractor's intermodal facility (where containers will removed from rail cars and placed on tractor chassis) to the Disposal Site in accordance with Exhibit A. The FPI shall also apply toward the Contractor's unit price under Service Component IV for curbside collection of Recyclable Materials, Yard Debris, and Commercial Cardboard within Port Angeles. "Hazardous Waste" means any waste, material or substance (other than Asbestos and Moderate-Risk Waste), which is: (a) Defined as hazardous by 40 CFR Part 261 and regulated as hazardous waste by the United State Environmental Protection Agency under Subtitle C of the Resource Conservation and Recovery Act of 1976, 42 U.S.C. 99 6901, et seq ("RCRA"), as amended by the Hazardous and Solid Waste Amendments ("HSWA") of 1984; the Toxic Substances Control Act, 15 U.S. c. 92601 et seq.; the Comprehensive Environmental Response Compensation and Liability Act, 42 U.S. 9 9601 et seq ("CERCLA"), as amended by the Superfund Amendments and Reauthorization Act ("SARA") of 1986; or any other federal statute or regulation governing the treatment, storage, handling, or disposal of waste, materials or substances, which imposes special . City of Port Angeles 6 April 5, 2005 . . . handling or disposal requirements similar to those required by Subtitle C of RCRA; or b) Defined as dangerous or extremely hazardous by Chapters 173-303 or 173-340 WAC and regulated as dangerous waste or extremely hazardous waste by the Washington Department of Ecology under the State Hazardous Waste Management Act, Chapter 70.105 RCW, the Model T oxics Control Act, Chapter 70.1050 RCW, or any other Washington State statute or regulation governing the treatment, storage, handling or disposal of wastes, materials or substances, which imposes special handling requirements similar to those required by Chapter 70.105 RCW. Certain waste which is not as of the effective date of the Agreement included in this definition, may after that date come within this definition's scope. Certain other waste that is within the definition may cease to be so included. Accordingly, any waste, material or substance may be deemed Hazardous Waste any given time, only so long as and to the extent that it is included in the definition of Hazardous Waste set forth above and as may be amended by the applicable governmental entity. "Household Hazardous Waste" or "HHW" means any liquid, contained gas, or sludge generated within a household that possesses any of the characteristics of a hazardous or dangerous waste under state or federal regulations. The product becomes a moderate-risk waste when it is discarded (pursuant to the Clallam County Hazardous Waste Management Plan, October 1991). "Interlocal Agreement" means the agreement between the City of Port Angeles and Clallam County for a Regional Solid Waste Export and Transfer System dated July 27,2004. "Landfill" means the City of Port Angeles municipal landfill. "Liquidated Damages" means the requirements imposed on the Contractor to pay specified, pre-calculated sums set forth in Section 7.5 hereof, rather than actual costs, to the City as a result of violations of the Agreement identified herein. "Mixed Municipal Solid Waste" or "Mixed MSW" means all Acceptable Wastes received from Customers which includes Recyclable Materials, Yard Waste, Acceptable Special Waste, Acceptable Household Hazardous Waste, and/or Acceptable Moderate-Risk Waste. Mixed MSW shall not include Unacceptable Waste. "Moderate-Risk Waste" or "MRW" means moderate-risk waste as that term is defined in RCW 70.105.010(17), as that definition may be amended from time to time. Special categories of Moderate-Risk Waste, including used oil, anti-freeze, and lead acid batteries, are also considered to be Recyclable Materials in accordance with the Waste Acceptance Policy. "Moderate-Risk Waste Facility" or "MRWF" means the City owned Port Angeles Moderate-Risk Waste Facility, real property, and Appurtenances used for the City of Port Angeles 7 April 5, 2005 performance of the Contractor's obligations under the Agreement. The Moderate-Risk . Waste Facility is an integral part of the solid waste processing facility that is located on the same site as the Transfer Station. "Municipal Solid Waste" or "MSW" means all Acceptable Waste excluding Acceptable Special Waste, Acceptable Household Hazardous Waste, and Acceptable Moderate-Risk Waste. "Net Cost Reduction" means a Cost Substantiation with an adjustment that reduces a Service Fee. "Normal Operating Conditions" means conditions that are within the commercially reasonable expectation of the Contractor. Conditions that are ordinarily within the commercially reasonable expectation of the Contractor include but are not limited to regular peak or seasonal demand periods and maintenance or replacement of Transfer Station Equipment. "Normal Wear And Tear" means deterioration resulting from ordinary day-to- day use of the Facilities and Appurtenances, which results from use and the passage of time. "Operations Plan" means the Contractor's operations plan including a Contingency Plan approved by the City prior to the Commercial Operations Date of . each Service Component, as described in Exhibit B. "Parties" means the City and the Contractor collectively. "Performance Specifications" or "Specifications" means the detailed requirements for each Service Component and any other written specifications agreed to by the Contractor and the City as part of the Agreement. All of said Specifications are included in Exhibit B. "Person" means any natural person, partnership, joint venture, limited liability company, corporation or other entity or organization, public or private, and any unit of government or agency thereof. "Petroleum-Contaminated Soils" means Hazardous Waste which has a maximum Total Petroleum Hydrocarbon concentration of 30,000 parts per million or a calculated Hazard Index of less than 1.0 in accordance with the City's Waste Acceptance Policy. "Project" means any and all matters and things that the Agreement requires to be done, kept, performed and furnished by the Contractor. "Project Construction Schedule" means the construction deliverables and . completion dates specified in Table B.1-2 of Exhibit B. City of Port Angeles 8 April 5, 2005 . , "Proj~ct Development Plan" means the financing, staffing, design development, design and construction documents, and Operations Plan, which are prepared by the Contractor and approved by the City in accordance with Exhibit B. "Project Development Schedule" means the design development deliverables and completion dates specified in Table B.1-1 of Exhibit B. "Recyclable Material" means aluminum cans, tin cans, green brown, and clear recyclable glass, number 1 and number 2 plastics, newsprint, cardboard, ledger paper, computer paper, magazines, catalogues, telephone books, and common junk mail. Excluded from this definition are any bottles, jars, and cans that contain any Hazardous Materials. Special categories of Moderate-Risk Waste, including used oil, anti-freeze, and lead-acid batteries, are considered Recyclable Material. White Goods that are recyclable in accordance with Exhibit B are also considered to be Recyclable Materials. "Request for Proposal" or "RFP" means the City's Request for Proposals issued on July 25, 2004 (and as subsequently amended) for the project entitled "Solid Waste Processing Facility Development and Management Services". "Service Component" means any of the six (6) services provided by the Contractor as specified in Sections 11 through 16 of the Agreement. . "Service Fee" means the fee the City pays the Contractor for performance of its Service Components under the Agreement as specified in Section 17. "Service Fee Schedule" means the fixed monthly fees and unit prices included in the Contractor's Technical and Cost Proposal for performing its obligations under the Agreement, as set forth in Exhibit A and as adjusted annually pursuant to Section 17 of the Service Agreement. "Special Waste" means tires, White Goods, Bio-Medical Waste, Biosolids, creosote treated railroad ties, Asbestos, Petroleum-Contaminated Soils, and any other Acceptable Waste that in the City's Authorized Representative's determination requires special handling. "Startup" means a period of time, not to exceed 90 days, between completion of the Transfer Station and the Moderate-Risk Waste Facility and the Commercial Operation Date as described in Exhibit B. "Subcontractor" means any Person with whom the Contractor contracts for the purpose of having that Person provide labor, materials or services for the design, construction, or operation of a Service Component and performance of any of Contractor's obligations under the Agreement. . "Surety" means the Person approved by the City Attorney to provide the bonds City of Port Angeles 9 April 5, 2005 or other financial guarantee required under Section 5, guaranteeing, or providing the . funds to guarantee, performance of the Contractor's obligations under the Agreement. "Technical and Cost Proposal" or "Proposal" means the Contractor's response to the City's RFP, including a description of the approach for development and operation of each Service Component to be provided to the City under the Agreement and including all costs associated with providing such services. The Technical and Cost Proposal is part of the Agreement as Exhibit A. "Term" means the term of the Agreement commencing on the date the Agreement is executed by both Parties and termina~ing as provided in the Agreement. "Tip Fees" means the prices per ton for Disposal Charges paid by Customers in accordance with Section 17.1. "Trailer" means a transfer trailer or intermodal shipping container used by the Contractor for the transportation of Acceptable Waste for disposal. "Transfer Station" means the City owned Port Angeles Transfer Station, including City Property, Fixed Transfer Facilities, Transfer Station Equipment, ancillary buildings, and other facilities and Appurtenances used for the performance of the Contractor's obligations under the Agreement. "Transfer Station Equipment" means equipment other than Appurtenances . associated with the Port Angeles Transfer Station, including but not limited to item descriptions 23-29 of Technical and Cost Proposal Form 7.1A. "Transport" or "Transportation" means but is not limited to the transportation of Trailers to and from the Transfer Station, Blue Mountain Drop Box Facility, and the Disposal Site and includes the storage and handling of Trailers at any transfer facility used by the Contractor to deliver waste to the Disposal Site. "Transport Facility" or "Transportation. Facility" means tractors, Trailers, rail lines, barges, public highways and all other Contractor Property owned, leased used or furnished by Contractor in providing Transport of waste under the Agreement. "Unacceptable Waste" means: a) Regulated Hazardous Waste; (b) Radioactive waste or materials; (c) All wastes requiring special handling to comply with applicable federal, state or local law governing (i) pathological, infectious (other than properly treated Bio-Medical Waste), or explosive materials; (ii) oil sludge; (iii) cesspool or human waste; . City of Port Angeles 10 April5,2005 . . . (d) Any item of waste either smoldering, on fire, at its kindling point, or in the process of initiating combustion; (e) Tires in quantities in excess of those normally collected from residential units except as Contractor may elect to accept; (f) Assuming the Facilities are properly operated and maintained, any item posing a reasonable likelihood of damaging the Facilities, or any item the processing of which would be likely to impose a threat to health or safety in violation of any judicial decision, order, or action of any federal, state or local government or any agency thereof, or any other regulatory authority or Applicable Law; (g) All waste not authorized for disposal at the Transfer Station in accordance with the City's Waste Acceptance Policy or at the Disposal Site in accordance with those governmental entities having jurisdiction over the Disposal Site; and (h) Any wastes that are not an Acceptable Waste or other wastes which the City and the Contractor may at any time agree in writing to designate as "Unacceptable Waste." Unacceptable Waste shall not include any residential waste unless the exclusion of residential waste from this definition is prohibited by a change in law that becomes effective after the date of the Agreement. "Uncontrollable Circumstance" means the events described in Section 9.1. "Utilities" mean public or private utility services related to the Project, including but not limited to electricity, natural gas, water, sanitary sewer, septic systems, telecommunications, irrigation, fuel oil, diesel, and gasoline. "Violation" means a Contractor violation of the Agreement identified in Section 7. "Violation Notice" means a written notice given by the City's Authorized Representative to the Contractor pursuant to the provisions of Section 7. "Waste Acceptance Policy" means the City of Port Angeles Waste Acceptance Policy as amended. "White Goods" means residential appliances, including but not limited to stoves, ovens, cook tops, refrigerators, dishwashers, washing machines, clothes dryers, and water heaters. White Goods that are recyclable in accordance with the City's Waste Acceptance Policy are also considered to be Recyclable Materials. CIty of Port Angeles 11 Apnl 5, 2005 "Yard Waste" or "Yard Debris" means all grass, leaves, brush, limbs, branches . and other urban wood waste and organic material resulting from the landscaping and maintenance of household and commercial grounds, yards and gardens. This definition does not include pallets and other dimensional lumber type materials. SECTION 2 GENERAL PROVISIONS Section 2.1 Law Applicable This Agreement is made in accordance with and shall be construed under the laws of the State of Washington and the Port Angeles Municipal Code. In the event any claim, dispute or action arising from or relating to this Agreement cannot be resolved as provided in the Agreement, then it shall be commenced in the Clallam County Superior Court or the United States District Court, Western District of Washington as appropriate. The prevailing Party in any such action before the courts shall recover its costs of suit and reasonable attorneys' fees from the other Party. Section 2.2 Entire and Complete Agreement This Agreement shall constitute the entire and complete agreement and final expression of the Parties with respect to the Project, and this Agreement supersedes all prior or contemporaneous agreements, understandings, arrangements, commitments and representations, whether oral or written. In the event of any conflict between or among the documents constituting the Agreement, the language and provisions set forth in the Contractual Provisions shall prevail. In the event of any conflict among the documents constituting Exhibit B, the most burdensome Contractor duty or requirement set forth in Exhibit B shall prevail. In the event of a discrepancy or conflict in the provisions of the Agreement as a whole, the most specific provision shall apply. Any proposed or actual use of the Facilities or the provision of other services that are not expressly provided for in the Agreement shall require an amendment to the Agreement. . Section 2.3 Severability If any Agreement provision is determined by a court of competent jurisdiction to be invalid, illegal or unenforceable under any Applicable Law, the remaining provisions of the Agreement shall remain in effect and bind the Parties; however, the Parties shall negotiate in good faith to amend the Agreement to effectuate the intent of any invalid, illegal or unenforceable provision, if permissible under Applicable Law. Section 2.4 Time of the Essence, Waiver, Approvals (a) Time is of the essence under the Agreement. . City of Port Angeles 12 April 5, 2005 . (b) I The City's or Contractor's failure to object to a breach of any provision of the Agreement is not and shall not be construed as a waiver of that provision. Payment or acceptance of compensation subsequent to any breach is not and shall not be deemed an acceptance of that breach. To be valid, any waiver of a breach of the Agreement must be in a writing signed by the Parties. (c) The Contractor shall be responsible for submitting requests and required documentation to the City when written City approval is required in accordance with the Agreement. Section 2.5 Construction of Terms Unless otherwise specified in the Agreement, words describing material or work that have a well-known technical or trade meaning shall be construed in accordance with the well-known meaning generally recognized by solid waste professionals, engineers and trades. Section 2.6 City Access . The City shall have the right of unlimited access to inspect any or all of the Contractor's and Subcontractors' operations, Facilities, or records related to performance of Contractor's obligations under the Agreement; however, the City's access to records under this Section shall be subject to the confidentiality provisions of the Agreement. In addition to having unlimited access, the City shall have access to monitor operations and inspect Facilities at any and all times during Delivery Hours or when there is activity of any kind at those operations or Facilities, provided that the City shall not interfere with Normal Operating Conditions. The Contractor may require any person entering the Facilities to comply with its reasonable safety rules and regulations. Section 2.7 Compliance With Law (a) The Contractor shall satisfy all requirements of the Agreement and Applicable Law unless those requirements cannot be met or complied with as a result of a City Event of Default or an Uncontrollable Circumstance. (b) The City shall have the right and be given access to inspect complete copies of all correspondence, transactions, or any other documents sent to or received by the Contractor or its Subcontractors related to the Contractor's compliance with any Applicable Law or the requirements of the Agreement. (c) The Contractor shall not be deemed to have breached its obligation to at all times operate the Project in compliance with and to otherwise comply in all respects with the requirements of Applicable Law if the Contractor is contesting the Applicable Law in good faith by appropriate proceedings conducted with due diligence and the Applicable Law permits continued operation pending a final resolution of such contest. . City of Port Angeles 13 ApriI5,2005 (d) The Contractor shall pay all permit fees, penalties, fines and other . payments related to the construction and operation of the Project except as specifically excluded in Exhibit B. Section 2.8 Third Party Beneficiaries and Liabilities This Agreement is intended to create third party beneficiaries in accordance with the City's Interlocal Agreement with Clallam County; however, the Agreement does not create any third party liabilities. Section 2.9 Representatives (a) Unless the Contractor notifies the City's Authorized Representative otherwise in writing, and as otherwise limited by law, the Contractor's Authorized Representative shall be the Contractor's agent and shall represent the Contractor for all purposes of the Agreement. The Contractor's Authorized Representative shall be in charge of the Project at all times and shall have authority to act on behalf of the Contractor. (b) Unless the City notifies the Contractor's Authorized Representative otherwise in writing, and as otherwise limited by law, the City's Authorized Representative(s) shall represent the City for all purposes of the Agreement. All written or oral directions, instructions or notices given by the Contractor to the City's Authorized . Representative(s) and related to the subject matter of the Agreement shall be considered to have been made to the City. The City's Authorized Representative(s) shall be in charge of the Project at all times and shall have authority to act on behalf of the City, subject to the provisions and limitations of this Agreement and subject to the direction and authority of the City Manager and City Council. (c) The City and the Contractor may change their respective Authorized Representatives on five (5) days written notice to the other Party. Section 2.10 Notices (a) Except as otherwise expressly provided in the Agreement, all approvals, requests, reports, Violation Notices, Default Notices, termination notices, communications or other materials or information required or permitted to be made or given by a Party to the other Party's Authorized Representative hereunder shall be deemed to have been given or made only if the same is reduced to writing and delivered either (i) personally or by means of the United States Postal Service, or (ii) via facsimile, the transmission of which is confirmed by voice communication to the City's Authorized Representative or the Contractor's Authorized Representative, as the case may be, at their respective addresses as set forth below. (b) For all purposes of the Agreement, any such approval, request, report, . CIty of Port Angeles 14 April 5, 2005 . . . Violation Notices, Default Notices, Termination Notices, communication or other material or information which is delivered by means of the United States Postal Service as aforesaid'shall be deemed to have been delivered as of the third business day next following the date of the postmark thereof, or on the date delivery is evidenced by certified or express mail receipts, whichever is earlier. (c) All approvals, requests, reports, Violation Notices, Default Notices, Termination Notices, communications or other materials or information to either party hereunder shall be in writing and shall be given to such party at the following address, or such other address as such party may hereafter specify for the purpose of notice to the other party: If to the City: Public Works and Utilities Department, 321 East 5th Street, P.O. Box 1150, Port Angeles, WA 98362 Facsimile: (360) 417-4542 Phone: (360) 417-4800 Attention: Public Works and Utilities Director If to the Contractor: Waste Connections of Washington, Inc., P.O. Box 399, Puyallup, WA 98371- 0158 Facsimile: (253) 582-9561 Phone: (253) 414-0345 Attention: Division Vice President With a copy to: Waste Connections, Inc., 35 Iron Point Circle, Suite 200, Folsom, CA 95630 Facsimile: (916) 608-8291 Phone: (916) 608-8200 Attention: Legal Department Section 2.11 Division, Section and Subsection References Any divisions, sections or subsections mentioned in the Agreement by number only (without reference to another document) refer to those divisions, sections or subsections contained in this Service Agreement. Section 2.12 Amendments to the Agreement (a) Except as provided in Section 2.15, the Agreement may not be changed, modified, amended or waived except by an amendment signed by both Parties. To be valid and binding, any such amendment must be approved by the City Council and signed by the City Council's designated signatory and by a duly authorized officer of the Contractor. City of Port Angeles 1S ApnI5.2005 (b) The City reserves the right to amend Chapter 5.8 (Public Utility Tax) and . Chapter 13.52 (Solid Waste Utility), City Council change order policy as set forth in Resolution No.7 -01, Chapter 13.56 (Sanitary Landfill) of the Port Angeles Municipal Code or the City's Waste Acceptance Policy, and other municipal requirements, provided that the Contractor is allowed a reasonable opportunity to comment prior to City Council adoption of any amendments that affect the Contractor's rights or duties under this Agreement. Section 2.13 Contractor as Independent Contractor (a) The Contractor shall perform all work under the Agreement as an independent contractor. The Contractor is not and shall not be considered an employee, agent, subagent or servant of the City for the Agreement or otherwise. The Contractor's Subcontractors, employees or agents are not and shall not be considered employees, agents, subagents or servants of the City for purposes of the Agreement or otherwise. (b) The Contractor shall have the exclusive right to control the services and work performed under the Agreement and the Persons performing those services and work. The Contractor shall be solely responsible for the acts and omissions of its officers, agents, employees, and Subcontractors. Nothing in the Agreement shall be construed as creating a partnership or joint venture between the City and the Contractor, or between the City the Contractor and Clallam County. Section 2.14 Scheduling; Management; Quality of Performance . The Contractor shall coordinate, schedule in an orderly manner, and manage all work done by Contractor's officers, employees, Subcontractors and agents under the Agreement. The Contractor and Subcontractors shall perform every act or service under the Agreement in a skillful and competent manner in accordance with the highest standards of the solid waste management industry. The Contractor shall be financially liable and otherwise responsible to the City for any errors, deficiencies or failures on the part of Contractor or any Subcontractor to perform under the Agreement. All Contractor employees and Subcontractors shall be skilled in their trades. All Contractor employees and Subcontractors shall be licensed or otherwise qualified as required by Applicable Law. The Contractor shall furnish evidence of the skill and licenses of its officers, employees, Subcontractors, agents and operators on the request of the City. The Contractor shall at all times enforce strict discipline and good order among its employees and all Subcontractors. Section 2.15 Modifications to the Exhibits (a) At any time either Party may request modifications to Exhibits A-C of the Agreement in anyone or more of the following areas: (i) description of the Service Components to be performed; (ii) the Project Development and Construction Schedules . and the days and hours of performance of the Service Components; (iii) siting of City of Port Angeles 16 April 5, 2005 . . . Facilities outside of the designated development area, and the place of performance or delivery of th,e Service Components; (iv) the City approved Project Development Plan, Operations Plan, and Waste Acceptance Policy; (v) Facility design criteria and the City approved final design and construction documents; (vi) method of Transport and compaction of MSW; and (vii) notwithstanding the restrictions on unit price adjustments set forth in subparagraph (b) below, modifications to Service Fees to compensate the Parties for changes in the rates of taxes, fees or surcharges that a Party is obligated to pay pursuant to the Service Agreement, increases to the Contractor's costs associated with the proper Disposal of cross-contaminated Acceptable HHW, and increases to the Service Fees necessitated by the occurrence of an Uncontrollable Circumstance that substantially increases the cost of Contractor's performance of the Project or the City's performance of its obligations hereunder. (b) Modifications to Service Component VI unit prices for transport and disposal of Acceptable Moderate-Risk Waste may be made no earlier than one (1) year following the date the Agreement is executed by both Parties and no more frequently than annually thereafter. Modifications to Service Component I and III unit prices for receiving, handling, transport and disposal of Acceptable HHW may be made no earlier than one (1) year following the date the Agreement is executed by both Parties and no more frequently than quarterly thereafter. Modifications to Service Component III unit prices and Component IV unit price for the Blue Mountain Drop-Off Facility may be made no earlier than one (1) year following the date the Agreement is executed by both Parties and no more frequently than annually thereafter if the quantity of Acceptable Waste received is less than 1,000 tons per year. Modifications to Service Component IV unit prices for curbside recycling may be made no earlier than one (1) year following the date the Agreement is executed by both Parties and no more frequently than annually thereafter if the market for the resale of such recyclable materials changes twenty-five percent (25%) or more from the prior year, if the number of recycling containers delivered to Customers exceeds seventy percent (70%) of all eligible Customers, or if the number of yard waste carts delivered to Customers exceeds fifty percent (50%) of all eligible Customers. Modifications to Service Component I for Transfer Station Operations and Component II unit prices may be made no earlier than one (1) year following the date the Agreement is executed by both Parties and no more frequently than annually thereafter if the annual quantity of Acceptable Waste is less than 38,000 tons. Modifications to Service Component V unit prices may be made no earlier than one (1) year following the date the Agreement is executed by both Parties and no more frequently than annually thereafter if the annual quantity of Compost Materials is less than 2,100 tons or more than 3,500 tons. (c) The Parties may process a modification request in the following manner: (i) In the event a Party desires a modification, the Party shall submit a written proposal to the other Party's Authorized Representative. The Contractor shall provide with any proposal it makes and in response to any proposal made by the City a Cost Substantiation, a time schedule for such modification, and an equitable adjustment to the Service Fees. The City's Authorized Representative shall not increase any 'City of Port Angeles 17 April 5, 2005 Service Fee to reflect cost increases for providing alternate facilities if such facilities are . required by the Agreement or as a result of any Contractor omission, error, violation, default, or breach of the Agreement. (ii) The Parties shall negotiate in good faith so that an equitable adjustment to the applicable Service Fee(s) is made to reflect the changes to services and/or the other modifications requested and agreed upon. (d) Neither Party shall be entitled to an adjustment to a Service Fee or other modification pursuant to a request under this Section 2.15 unless the other Party consents thereto in writing, which consent shall not be unreasonably withheld; provided, however, that the Parties agree that any adjustment to a Service Fee requested by a Party pursuant to Section 2.15(a)(vii) shall be "passed through" to the City in the form of a modified Service Fee, and any such request, when evidenced by the proper documentation required by Section 2.15(c)(i), shall be deemed to be reasonable and equitable and justify a modification to Service Fees that shall place the Parties in as close to the same position as they were in prior to the events underlying the request as is possible. Modifications to the Service Fee(s) made pursuant to Section 2.15(a)(vii) shall not be subject to the restrictions on unit price adjustments set forth in Section 2.15(b). (e) Net Cost Reductions resulting from modifications approved by the City's Authorized Representative shall be equally shared between the Parties. The reduction . to the Service Fee shall be based on fifty percent (50%) of the Net Cost Reduction. The reduction to the Service Fee shall commence the month following the date the modification is approved by the City's Authorized Representative and shall continue through the Term of the Agreement, unless the Agreement is otherwise terminated pursuant to the terms hereof. (f) In the event the Facilities, Transport Facility or the Disposal Site shall be unavailable for use by the Contractor or by the City and it shall be necessary to perform the obligations under the Agreement by utilizing transfer or disposal equipment or facilities other than the Facilities, Transport Facility or the Disposal Site, the additional costs, if any, incurred in the use of such alternative facilities shall be the responsibility of and shall be paid by the Party responsible for creating the circumstances that rendered the Facilities, Transport Facility or Disposal Site to be unavailable for use. In the event the circumstances that rendered the Facilities, Transport Facility or Disposal Site to be unavailable were not the fault of either Party or were the shared fault of both Parties, the Parties shall negotiate in good faith so that an equitable adjustment is made for the changes to the services rendered. As a part of these negotiations, the Contractor shall provide a Cost Substantiation for any requested Service Fee increase. In the event the Facilities, Transport Facility or Disposal Site are unavailable as a result of Uncontrollable Circumstances, the provisions of Section 9 shall apply. Section 2.16 Service Area Waste Direction . City of Port Angeles 18 April 5, 2005 . . . The Parties acknowledge and agree that a significant and material purpose of this Agreem~nt is to ensure that all Acceptable Waste (excluding Yard Waste, Biosolids, White Goods, Recyclable Materials, and Acceptable Moderate-Risk Waste) generated within the City and the unincorporated areas of Clallam County is delivered to the solid waste handling system designated by the City and Clallam County pursuant to RCW 35.21.120 and 36.58.040 and thereby managed in a manner consistent with the comprehensive solid waste management plan pursuant to RCW 35.21.154 and 36.58.040. To achieve that purpose, provided that the City has not terminated Service Components I, II or IV, the Contractor agrees to deliver all Acceptable Waste (excluding Yard Waste, Biosolids, White Goods, Recyclable Materials, and Acceptable Moderate- Risk Waste) it hauls, collects, or receives within Clallam County during the Term to the Transfer Station where such waste will be compressed into containers for Transport to the Contractor's Disposal Site. This provision shall include but not be limited to the Blue Mountain Drop-Box Facility and any hauling or collection service the Contractor provides within Clallam County during the Term of this Agreement. To the extent permitted by Applicable Law, the City shall maintain in force and effect and enforce applicable ordinances to require Acceptable Waste within the City of Port Angeles to be delivered to the Transfer Station or other designated facilities to the same extent as of the effective date of this Agreement. Furthermore, the City shall use its reasonable efforts to maintain the Interlocal Agreement with Clallam County. Section 2.17 Records, Reports and Plans by Contractor (a) The Contractor shall keep true and accurate books, records and accounts of all transactions related to performance of its obligations under the Agreement, including, but not limited to all correspondence and invoices, money received and accounts receivable, accounts payable, and copies of weight tickets or receipts issued or received under each Service Component. These records, books and accounts shall be maintained separately for each Service Component and shall also be kept separate from any books or accounts for the Contractor's services and business operations not part of this Agreement. (b) For purposes of enabling the City to verify the computation of the Service Fee, the City shall have the right during Delivery Hours, from time to time, upon reasonable advance notice to the Contractor, to examine, inspect, audit and copy all of the Contractor's weight tickets, lock box receipts, scale reports and other documentation related to performance of its obligations under the Agreement. (c) All books, records and accounts related to the Agreement shall be retained by the Contractor and the City for at least seven (7) years after the Agreement has terminated. (d) The City reserves the right to conduct annual inspections and audits of the Contractor's weight tickets, lock box receipts, scale reports and other documentation related to performance of its obligations under the Agreement at the Contractor's offICes City of Port Angeles 19 April 5, 2005 during Delivery Hours and upon reasonable advance notice. The Contractor shall . refund to the City any amounts which any audit indicates are City overpayments to the Contractor. Any such payments are to be made within thirty (30) days of the City's final determination. (e) The Contractor shall provide to the City a quarterly report summarizing routine and extraordinary activities during the prior period and plans and schedules for all new or revised future activities. The quarterly report shall be submitted to the City no later than ten (10) days following the end of each quarter. The quarterly report shall include but not be limited to the following: (i) The condition of the Facilities including Normal Wear and Tear and any Facility Damages that require maintenance, repair, restoration or replacement; (ii) The remaining capacity at the Disposal Site (this information need only be reported on an annual basis); (iii) Changes in the status and readiness of alternate facilities; (iv) Any Customer complaints submitted to the Contractor and the Contractor's response, if any; (v) Any extraordinary occurrences the Contractor deems to have . affected its performance, including but not limited to occurrences affecting the Facilities, Transportation Facility, or the Disposal Site; (vi) Documentation regarding Unacceptable Waste, if any, received, gathered, produced and/or retained; (vii) Identification of any commodities other than Acceptable Waste received at or transported from the Facilities; (viii) Certification that the Facilities comply with all requirements of the Agreement, which certification need only be reported on the last quarterly report of the year; and (ix) Documentation regarding the Equipment Schedule, which need only be reported on the last quarterly report of the year. (x) To the extent applicable, documentation demonstrating the Contractor's exclusive use of fuel for performance under the Agreement. Such documentation shall meet the requirements of the City and include but not be limited to: the number of trips; actual distance in miles traveled per trip; actual distance in miles per . month for curbside collection; fuel receipts including date, time, fuel City of Port Angeles 20 April 5, 2005 . type (e.g., gasoline, diesel), vehicle identification, actual odometer readings, the quantity of fuel; and calculation of actual fuel economy (miles-per-gallon). (xi) Documentation and manifest regarding Acceptable MRW received, packaged, or Transported to the Disposal Site; (f) The City or its agents may inspect Facilities on reasonable advance notice during Delivery Hours and review quarterly reports during each year of operations under the Agreement. (g) Within forty-five (45) days following any review and Facility inspection, the City's Authorized Representative may issue to the Contractor a summary of all findings and recommendations, if any, for changes to the Contractor's operations and maintenance of the Facilities. The review and inspection summary may identify any repairs, damages, remediation or restoration to Facilities that must be corrected by the Contractor. The Contractor shall be fully responsible for implementing directions and recommendations that are identified in the summary within thirty (30) days of the Contractor's receipt of the annual review and inspection summary. Notwithstanding the annual review and inspection, the Contractor shall permit inspection of the Facilities by the City, its agents, and all governmental authorities having jurisdiction over the site and its operation, from time to time and upon reasonable advance notice during Delivery Hours. . Section 2.18 Confidentiality and Public Records The Parties shall maintain confidentiality of all customer related information provided or made available by the Parties under this Agreement to the extent permitted by law. Any copies of documents prepared by the Contractor, its agents, Subcontractors or consultants that are delivered to the City or the City's Authorized Representative may be considered public records under the Washington Public Records Act, RCW 42.17.250 et seq., and as such may be subject to public disclosure. The City recognizes that certain Contractor documents may contain proprietary information exempt from disclosure under RCW 42.17.310(1)(h), may constitute trade secrets as defined in RCW 19.108.010(4), or may include confidential information which is otherwise subject to protection from misappropriation or disclosure. Should documents prepared by the Contractor, its agents, Subcontractors or consultants that are delivered to the City or the City's Authorized Representative become the subject of a request for public disclosure, the City shall use its best efforts to immediately notify Contractor of such request and the date by which it anticipates responding. Contractor must then assert in writing to the City any claim that such records contain proprietary information that is exempt from disclosure under RCW 42.17.310(1)(h) or is subject to protection from disclosure pursuant to RCW 19.108 or other state law, so that the City may consider such assertion in responding to the requester. If Contractor fails to make such assertion at least eight (8) days prior to the date of the City's intended response that was provided in the City's notice to the Contractor, the City may make such . City of Port Angeles 21 April 5, 2005 disclosure. If Contractor made a timely request for nondisclosure and the City in its reasonable discretion believes Contractor has a valid claim that the records contain . information that is exempt from disclosure, the City will deny the request for disclosure of such records or, at Contractor's expense, seek judicial declaration of the rights of the parties. If the City's denial of a request for disclosure of records is challenged in court and the City agrees to a Contractor request to defend its position, Contractor agrees that it will both assist the City in its defense and shall indemnify the City for any and all damages and/or penalties assessed and costs incurred in such defense, including but not limited to any attorneys' fees incurred by the City and any attorneys' fees assessed against the City under RCW 42.17.340(4). If the City in its reasonable discretion believes Contractor does not have a valid claim, the. City shall so notify Contractor. Section 2.19 Counterparts The Agreement may be executed in counterparts, each of which shall be deemed an original, and all of which when executed and delivered shall together constitute one and the same instrument. Section 2.20 Contracts or Approvals Except as otherwise expressly provided herein, in any instance in which the consent or approval of the City or the Contractor is required hereunder, or under any agreements in connection with any transaction contemplated hereby, such consent or approval shall not be unreasonably withheld or delayed. . Section 2.21 Limitation of Liability of the City (a) Obligations of the City under the Agreement are limited obligations payable solely from such amounts as may lawfully be paid by the City for services of the type required to be rendered by the Contractor under the Agreement from the City's Solid Waste Fund. The City shall maintain this Fund and regulate Tip Fees in such a manner reasonably calculated to ensure funds sufficient to satisfy the City's obligations under the Agreement. (b) Execution and delivery of the Agreement by the City is not intended to and shall not impose any personal liability on any public official, officers, employees or agents of the City. No recourse shall be had by the Contractor for any claims based on the Agreement against any public official, officer, employee or other agent of the City in his or her official capacity. All such individual liability, if any, is expressly waived by the Contractor by the Contractor's execution of the Agreement. Section 2.22 Discrimination The Contractor shall not discriminate against any employee or applicant for employment because of race, religion, creed, color, sex, marital status, sexual orientation, political ideology, ancestry, national origin or the presence of any sensory, . City of Port Angeles 22 April 5, 2005 . . . mental or physical handicap, unless based upon a bona fide occupational qualification. The Contrac,or shall take affirmative action to ensure that applicants are employed, and that employees are treated during employment, without regard to their creed, religion, race, color, sex, marital status, sexual orientation, political ideology, ancestry, national origin or presence of any sensory, mental or physical handicap, unless based on a bona fide occupational qualification. The Contractor's action under this Section shall include, but not be limited to the following: employment, upgrading, demotion or transfer, recruitment or recruitment advertising, layoff or termination, rates of payor other forms of compensation and selection for training, including apprenticeship. The Contractor agrees to post in conspicuous places, available to employees and other applicants for employment, notices setting forth the provisions of this non-discrimination Section. The Contractor shall not discriminate against any Customer for access to the Facilities or receiving services because of race, religion, creed, color, sex, marital status, sexual orientation, political ideology, ancestry, national origin or the presence of any sensory, or mental or physical handicap. The Contractor shall take affirmative action to ensure that Customers are treated without regard to their creed, religion, race, color, sex, marital status, sexual orientation, political ideology, ancestry, national origin or presence of any sensory, mental or physical handicap. Section 2.23 Staff The Contractor shall, at its own expense, train and maintain staff sufficient to carry out its obligations under the Agreement, which staff shall be responsible for all aspects of the design, development, construction, equipment, Acceptance Testing, Startup, and operation of the Project, Facilities, Transportation Facilities, and Disposal Site, in accordance with the Agreement. Each individual on the staff shall have appropriate knowledge, experience and training in the type of work he or she is to perform. The Contractor shall consult with the City's Authorized Representative prior to appointing or replacing the person responsible for management of the Project, in accordance with Exhibit B. Section 2.24 Liens and Encumbrances; Property Rights (a) The Contractor shall, at its sole expense during the Term of the Agreement or as a result of the Agreement: (i) Discharge any valid liens of any sort that attach to the Facilities that are asserted by Subcontractors or third parties that the Contractor has contracted with in connection with the Agreement, except those liens approved by the City in writing; (ii) Discharge of record, by bond or otherwise, any lien or encumbrance that may be filed against the Facilities by Subcontractors or third parties that the Contractor has contracted with in connection with the Agreement; and (iii) Indemnify the City and its agents for any injury or expense, City of Port Angeles April 5, 2005 23 including reasonable attorneys' fees, incurred by the City due to the filing of any such . lien or the Contractor's failure to have any such lien discharged. Section 2.25 Use of Facilities for Out-of-County Waste (a) The Parties agree that in some instances processing Acceptable Waste generated outside Clallam County at the Facilities may provide mutual benefits to them, both commercial and otherwise. To insure that such instances are consistent with City policies in this regard, the Contractor shall not accept waste or other materials from, or enter into agreements with, any Person other than the City for the processing at the Facilities of Acceptable Waste generated outside Clallam County, except with the prior written consent of the City's Authorized Representative, which consent may be withheld in the City's sole discretion. (b) The Parties agree that at such time as one of the Parties informs the other of the opportunity for an agreement for the processing at the Facilities of Acceptable Waste generated outside Clallam County, such information shall be held as confidential until such time as the City provides or declines to provide its written consent. Any revenues from processing Acceptable Waste generated outside Clallam County shall be collected by the City, and the Contractor shall be compensated solely through Service Fees paid in accordance with the Agreement. Section 2.26 Notice of Reduction in Processing Capacity . (a) The Contractor shall immediately advise the City's Authorized Representative by telephone, to be confirmed in writing within twenty-four (24) hours, of any reduction in the capacity of the Facilities, Transportation Facilities or Disposal Site to receive or process Acceptable Waste in accordance with the Agreement. Such notice shall include: hereunder; (i) The effect on the Contractor's ability to perform its obligations (ii) Whether, in the Contractor's opinion, the reduction in processing capacity was caused by an Uncontrollable Circumstance, City Event of Default, or other event; (iii) The reduction's duration; and (iv) A schedule of the amount of Acceptable Waste that the Facility is capable of processing during the capacity reduction. The Contractor shall use its best efforts to resume Normal Operating Conditions as soon as reasonably possible. (b) In the event that, due to a reduction in processing capacity that is not due . City of Port Angeles 24 April 5, 2005 . . . to an Uncontrollable Circumstance or City Event of Default, the Contractor is unable to proCE;!SS AccEfptable Waste delivered to the Facilities prior to the Contractor's giving the required notice to City's Authorized Representative, Contractor shall at its sole expense cause that Acceptable Waste to be transported to an alternative facility or disposal site as identified and agreed to in the Contingency Plan. (c) Contractor's compliance with the provisions of this Section shall not reduce its obligations to pay applicable Liquidated Damages or other costs in accordance with the Agreement or Applicable Law. Section 2.27 Accidents; Complaints (a) The Contractor shall be responsible for all injuries, damages, accidents and other mishaps associated with its operations, except as set forth in Section 5.3. The Contractor shall report to the City's Authorized Representative the complete details (including witness statements) of any accidents resulting from the performance of the Agreement. For purposes of this Section, "accident" shall include the death of any person, any personal injury resulting in inpatient hospitalization or outpatient treatment by a physician, or damage to any City or Contractor Property exceeding three-thousand dollars ($3,000). (b) The Contractor shall respond in a reasonable manner to all complaints, charges and allegations related to Contractor's performance under the Agreement within thirty (30) days of receipt of that complaint, charge or allegation. The Contractor shall report to the City's Authorized Representative the details of all significant complaints received, including but not limited to the name and address of the complainant (if available), the substance of the complaint including the activity or service at issue, and the action, if any, the Contractor has taken to investigate or remedy the problem or an explanation of why no action has been taken, in the quarterly report required under Section 2.17. Section 2.28 Coordination Meetings The City and the Contractor shall hold periodic coordination meetings no less than once (1 time) every three (3) months to review the progress of the work and ongoing operations and to discuss operations, problems and/or complaints. Either the City's or the Contractor's Authorized Representative may organize, call and notify the other Party of a coordination meeting. Section 2.29 Fines and Civil Penalties (a) The Contractor shall be liable for all fines or civil penalties that may be imposed on Contractor or the Facilities or any operations of the Contractor by any regulatory agency on account of violations by Contractor of permits, regulations or any other Applicable Law committed during the Term of this Agreement. The City shall not be liable for and shall not reimburse the Contractor for payment of those fines or civil CIty of Port Angeles 25 April 5, 2005 penalties. The Contractor reserves the right to contest in good faith any fine in an administrative hearing or in court. . (b) The Contractor shall pay all fines and civil penalties imposed on Contractor and shall defend all suits relating thereto, and hold the City harmless from any loss, resulting therefrom. Section 2.30 Taxes and Fees Except as specifically excluded in Exhibit B, the Contractor shall be responsible and liable for payment of all federal, state and local taxes and fees, and surcharges of every form, that apply to any and all Persons, property, income, equipment, materials, supplies, structures or activities that are involved in its performance of the Agreement, and the Contractor has included such taxes, fees and surcharges in its Technical and Cost Proposal (Exhibit A). The Contractor shall be afforded a "pass-through" adjustment to the Service Fee(s) for increases in the rates of taxes, fees or surcharges as set forth in Section 2.15. Section 2.31 Security The Contractor shall maintain security at all Facilities during the Term of the Agreement as necessary and reasonable to protect Contractor and City Property, including buildings and equipment, in accordance with the Agreement. Section 2.32 Utilities . (a) The Contractor shall be responsible and liable for payment of all Utilities, including but not limited to non-recurring costs, utility connections, and all recurring monthly service charges. The Contractor shall pay all costs and charges for said Utilities except as may be specifically excluded in Exhibit B. (b) The Contractor shall be obligated to protect all public and private Utilities whether occupying public or private property. If Utilities are damaged by reason of the Contractor's operations, the Contractor shall repair or replace the damaged Utility within thirty (30) days of such damages. SECTION 3 REPRESENTATIONS AND WARRANTIES Section 3.1 Representations and Warranties of the Contractor The Contractor hereby makes the following representations and warranties to and for the benefit of the City: (a) Contractor is duly organized and validly existing as a corporation in good . standing under the laws of the State of Washington. CIty of Port Angeles 26 April 5, 2005 . . . . (b) ; Contractor has full legal right, power and authority to execute and deliver, and perform its obligations under the Agreement and has duly authorized the execution and delivery of the Agreement by proper action of its governing body. The Agreement has been duly executed and delivered by the Contractor and constitutes a legal, valid and binding obligation of the Contractor enforceable against the Contractor in accordance with its terms, except as may be limited to applicable bankruptcy, insolvency, reorganization, moratorium and other laws of general application affecting enforcement of creditors' rights generally. (c) To the best of the Contractor's knowledge, neither the execution nor delivery by the Contractor of the Agreement, the performance by the Contractor of its obligations hereunder, nor the fulfillment by the Contractor of the terms and conditions hereof: (i) conflicts with, violates, or results in a breach of any Applicable Law; (ii) conflicts with, violates or results in a breach of any term or condition of any judgment, order or decree of any court, administrative agency or other governmental authority, or any agreement or instrument, to which the Contractor is a party or by which the Contractor or any of its properties or assets are bound, or constitutes a default thereunder; or (iii) will result in the creation or imposition of any lien, charge or encumbrance of any nature whatsoever upon any of the properties or assets of the Contractor except as expressly provided herein or except as expressly approved by the City in writing. (d) Contractor has obtained, made, or received, as applicable, all approvals, authorizations, licenses, permits, orders, or consents of, or declarations, registrations or filings with, any governmental or administrative authority, commission, board, agency or instrumentality required for the valid execution and delivery of the Agreement by the Contractor, or the Contractor has given the City adequate assurance in the City's sole discretion that all such approvals and declarations will be obtained or made before the Commencement Date of services by the Contractor under the Agreement. However, the City's acceptance of such assurance shall in no way relieve the Contractor from its full responsibility of obtaining all the approvals, permits and other actions required hereunder. Contractor shall maintain all such approvals, permits and licenses as are needed throughout the term of the Agreement. (e) There is no action, suit, proceeding or, to the best of the Contractor's knowledge, investigation, at law or in equity, before or by any court or governmental authority, commission, board, agency or instrumentality pending or, to the best of the Contractor's knowledge, threatened, against the Contractor, wherein an unfavorable decision, ruling or finding, in any single case or in the aggregate, would materially adversely affect the performance by the Contractor of its obligations hereunder or in connection with the transactions contemplated hereby, or which, in any way, would adversely affect the validity or enforceability of the Agreement or any other agreement or instrument entered into by the Contractor in connection with the transactions contemplated hereby. City of Port Angeles 27 Apnl 5, -2005 (f) There has been no material adverse change in the Contractor's financial condition since the date of the financial statement submitted by the Contractor to the . City in response to the City's RFP for this Project. (g) The Contractor, its officers, employees, agents and Subcontractors shall comply with all Applicable Laws in performing the Contractor's obligations under the Agreement. The City shall have the right to inspect copies of all correspondence or any other documents sent to or received from the Contractor or its Subcontractors related to the Contractor's compliance with any Applicable Law related to the performance of the Agreement. (h) The Contractor has examined carefully, and acquainted itself with, the Agreement and its Exhibits, the Project, site conditions, necessary facilities, and the difficulties that may be encountered in performing its obligations under the Agreement and all Applicable Laws and has made and shall make its own deductions and conclusions as to any and all problems that may arise from Facility site conditions and accepts full legal responsibility for performing its obligations under the Agreement under those conditions. (i) Contractor shall fulfill the conditions of any manufacturer's warranty for material or equipment. Up to the date the Ag~~ement is terminated, Contractor shall correct any defects in workmanship that exist prior to or during the period of any guarantee and any damage caused by those defects or the repairing of those defects, at its own expense and without cost to the City or interruption of the services provided . under the Agreement. Guarantees and warranties described in this Section shall not be construed to modify, limit or lessen in any way, any rights or remedies that the City may otherwise have against the Contractor or the Surety. Section 3.2 Representations and Warranties of the City The City hereby makes the following representations and warranties to and for the benefit of the Contractor: (a) The City is a non-charter code city of the State of Washington duly organized and validly existing under the Constitution and laws of the State of Washington, with full legal right, power and authority to enter into and perform its obligations under the Agreement. (b) The City has duly authorized the execution and delivery of the Agreement, and the Agreement has been duly executed and delivered by the City and constitutes a legal, valid and binding obligation of the City enforceable against the City in accordance with its terms, except as may be limited by applicable bankruptcy, insolvency, reorganization, moratorium and other laws of general application affecting enforcement of creditors' rights generally. (c) To the best of the City's knowledge, neither the execution nor delivery by . CIty of Port Angeles 28 April 5, 2005 . . . the City of the Agreement, the City's performance of its obligations hereunder, nor its fulfillment of the terms or conditions hereof: (i) conflicts with, violates or results in a breach of any Applicable Law; or (ii) conflicts with, violates or results in a breach of any term or condition of any judgment, order or decree of any court, administrative agency or other governmental authority, or any agreement or instrument, to which the City is a party or by which the City or any of its properties or assets are bound, or constitutes a default thereunder. (d) There is no action, suit, proceeding or, to the best of the City's knowledge, investigation, at law or in equity, before or by any court or governmental or administrative authority, commission, board, agency or instrumentality pending or, to the best of the City's knowledge, threatened, against the City wherein an unfavorable decision, ruling or finding, in any single case or in the aggregate, would materially adversely affect the performance of the City's obligations hereunder or in connection with the other transactions contemplated hereby or which, in any way, would adversely affect the validity or enforceability of the Agreement or any agreement or instrument entered into by the City in connection with the transactions contemplated hereby. (e) The City does not warrant or admit the correctness of any investigation, interpretation, deduction or conclusion of the Contractor relative to the condition or conditions of any of the facilities, nor does the City warrant or admit the correctness of any information included in the City's RFP issued in connection with the Agreement or other documents associated with the RFP. (f) Information provided by the City on current and projected future quantities of Acceptable Waste is for reference only and is not a guarantee of a future quantity. The City does not guarantee a minimum or future quantity or composition of Acceptable Waste delivered to the Contractor, and such Acceptable Wastes are subject to daily, seasonal and annual variations. (g) The City will use reasonable efforts to cooperate with the Contractor and to respond to the Contractor's reasonable requests for information and assistance, consistent with the provisions of the Agreement. However, it is not the City's responsibility to give the Contractor early notice of rejection of faulty work nor in any way to supervise the Project, and in no event shall the Contractor be relieved of any liability, responsibility or consequence for neglect, negligence, carelessness, substandard or defective work, or for the use of substandard or defective materials or equipment, by the Contractor, its officers, employees, Subcontractors or agents. The City does not assume any liability as a result of reviews or inspections conducted of the Project, and instructions, directions or suggestions given by the City's Authorized Representative or a City inspector shall not relieve the Contractor of any responsibility or liability associated with Contractor's performance under this Contract. The City reserves the right to order the Contractor to cease construction of Facilities and operation of the Project for substandard or defective work and services or use of substandard or defective materials or equipment. City of Port Angeles 29 April 5. 2005 SECTION 4 TERM . Section 4.1 Term of the Agreement The Agreement shall be in force and effect from and after the date the City signs the Agreement and shall terminate on the twentieth anniversary of the Commercial Operations Date of the Transfer Station, unless sooner terminated due to a Contractor Event of Default, a City Event of Default, or City termination of Service Components of the Agreement for convenience as provided herein. During the Term of the Agreement, the City's Authorized Representative may request the Transfer Station and/or Moderate-Risk Waste Facility and any affected component thereof be expanded or upgraded. Upon acceptance by the City Council of an amendment to expand or upgrade the Transfer Station and/or Moderate-Risk Waste Facility, the Term of the Agreement may be extended by a period of at least five (5) years beyond City acceptance of the completion of any expansion or upgrade or as mutually agreed upon by the Parties. The City's Authorized Representative may request that Transport and Disposal Site services under Service Component II of this Agreement be expanded to provide services to additional jurisdictions or solid waste generators. Upon acceptance by the City Council of an amendment to integrate such services in accordance with Section . 12.1(e), the Term of the Agreement may be extended by a period of at least five (5) years or as mutually agreed upon by the Parties. Section 4.2 City Termination of the Agreement for Convenience (a) The City, in its sole discretion, shall have the right to terminate Service Components I, II, or IV of the Agreement for convenience on either the tenth or the fifteenth anniversary of the Transfer Station Commercial Operations Date in accordance with the notice requirements herein. The City, in its sole discretion, shall have the right to terminate the remaining Service Components of the Agreement for convenience on the fifth anniversary of the applicable Commercial Operations Date and on the same date annually thereafter in accordance with the notice requirements herein. (b) The City's Authorized Representative shall give the Contractor not less than one hundred and eighty (180) days written notice of the City's intention to exercise its option as set forth in this Section to terminate any Service Component of the Agreement for convenience. Except as otherwise provided herein, upon termination of a Service Component for convenience, the City shall discontinue payment of all associated Service Fees to the Contractor. Upon receipt of such notice, unless otherwise approved by the City's Authorized Representative, the Contractor shall place no further orders or subcontracts for materials, services or Facilities and cancel or divert applicable commitments covering personnel services that extend beyond the . termination for convenience date, except as necessary to complete the continuing City of Port Angeles 30 April 5. 2005 . Service Components, if any, of the Service Agreement. (c) Within ninety (90) days of the receipt of written notice of the City's intention to exercise its option to terminate any Service Component of the Agreement for convenience, the parties shall begin negotiations in good faith for the purpose of drafting and executing a termination agreement. The termination agreement shall provide for, among other things, reimbursement of the Contractor by the City for reasonable costs associated with and/or caused by the City's termination of any Service Component of the Agreement for convenience prior to the expiration of the Term thereof. By way of example, the termination agreement shall include reimbursement of the Contractor by the City for fair and reasonable costs for: the actual work performed; accounting, legal, clerical and other expenses reasonably necessary for the preparation of the termination agreement; and the termination and settlement of subcontracts (including the amounts of such settlements if reasonably approved by the City). . For purposes of that negotiation, the Contractor may submit to the City's Authorized Representative a termination proposal including a Cost Substantiation for costs associated with the termination excluding the Final Payment in accordance with Section 4.3. If the Contractor fails to submit the termination proposal within the time allowed, the Contractor shall provide to the City's Authorized Representative data and information sufficient to allow the City's Authorized Representative to determine the amount, if any, due the Contractor because of the termination. The Contractor shall make all records related to the Agreement or any Service Component of the Agreement available to the extent deemed necessary by the City's Authorized Representative. Termination of one or more of the Service Components of the Agreement for convenience shall not relieve the Contractor of any responsibilities under the Agreement for work to be performed in accordance with continuing Service Components. If within ninety (90) days of beginning negotiation the parties are unable to negotiate a mutually acceptable termination agreement, either party then may submit the termination agreement to binding arbitration in accordance with the rules and procedures set forth in Chapter 7.04 RCW. The parties shall jointly select a single arbitrator. If neither party requests arbitration within ninety (90) days, the right to arbitration shall expire and the Service Components subject to the notice shall terminate in accordance with Subsection 4.2(b). Any Service Component of the Agreement subject to termination for convenience shall not terminate so long as the parties are engaged in good faith negotiations relating to a termination agreement or there is pending an arbitration proceeding relating to the termination agreement. (d) Upon termination of Service Components I or VI for convenience, a Final Payment for the Transfer Station and Moderate-Risk Waste Facility shall be provided to the Contractor pursuant to Section 4.3 and the City may elect either to assume operation of the Facilities or to continue to contract for Facility operations with the Contractor or with any other party. . City of Port Angeles 31 AprilS, 2005 (e) Termination of the Agreement due to a Contractor or City Event of Default . shall be in accordance with Section 8. (f) Termination of the Agreement due to Uncontrollable Circumstances shall be in accordance with Section 9.3. Section 4.3 City Final Payment for Facilities - Termination for Convenience If the City exercises its right to terminate Service Components I or VI for convenience, the City shall provide a Final Payment for the Fixed Transfer Facilities and Moderate-Risk Waste Facility and may acquire the Contractor's Transfer Station Equipment. If the City decides to terminate Service Components I or VI for convenience under this Section, it shall provide written notice to the Contractor at least one hundred and eighty (180) days prior to the termination date specifying the termination date. Upon the Contractor's compliance with Section 11.5, the City shall compensate the Contractor for the Fixed Transfer Station Facilities and Moderate-Risk Waste Facility at the time of termination, in the amount specified as the Final Payment in accordance with Exhibit C. If the City decides to exercise its rights to terminate Service Components I or VI for convenience, the Contractor shall provide the City a first right of refusal to purchase the . Contractor's Transfer Station Equipment, as set forth in this Subsection. The Contractor shall provide to the City's Authorized Representative a Transfer Station Equipment Schedule at least ninety (90) days prior to the termination date. The Transfer Station Equipment Schedule shall separately identify each piece of equipment, including its original purchase price, manufacturer's service life, and accumulated depreciation based on the straight-line method. The City will be allowed to purchase any piece of equipment or the Contractor's equipment inventory on the basis of its depreciated value. SECTION 5 INSURANCE, INDEMNIFICATION AND BONDS Section 5.1 Insurance (a) The Contractor shall obtain, maintain and pay for the insurance coverage designated in this Section from generally recognized financially responsible insurers that are approved by the City Attorney in his or her sole discretion and licensed in the State of Washington and whose claims paying ability is rated not less than "A" by A.M. Best Company, Inc. at all times during the Term of the Agreement. The insurance must protect the City from claims, risks and losses in connection with activities performed by Contractor as required by the Agreement. (b) In the event the Contractor fails to comply with any provision of this . City of Port Angeles 32 April 5. 2005 All insurance shall state the City shall be named as an additional insured . on said policies for all insurance coverage required or obtained under or in connection with the Agreement. In addition to the City, Clallam County and the Washington State Department of Natural Resources shall be named as an additional insured on said policy for Service Component III. iv. Separation of Insured The insurance shall be endorsed to include "cross liability," "severability of interests," or "separation of insureds", indicating that "except with respect to the limits of insurance and any rights or duties specifically assigned in this coverage part to the first named insured, this insurance applies as if each named insured were the only named insured and separately to each insured against whom claim is made or suit is brought." (e) The Contractor shall provide Workers Compensation or evidence of participation in the Washington State Department of Labor and Industries program, or, in lieu thereof, the Contractor may provide a self-insurance or alternate insurance program if approved by the City in the City's sole discretion. (f) Maintenance of insurance by the Contractor as specified in this Section shall constitute the minimum coverage required and shall in no way lessen or limit the . liability or responsibility of Contractor under the Agreement. Contractor may carry, at its own expense, any additional insurance it deems necessary. (g) The Contractor immediately shall increase the amounts of insurance required to reflect any changes in state or federal law or other Applicable Law to ensure that the insurance provided shall cover, at a minimum and in addition to the designated insurance requirements listed in this Section, the maximum limits under any applicable tort claims act. (h) In the event that any of the insurance required by this Section becomes unavailable, Contractor shall secure insurance with substitute provisions providing as much protection to the City as is reasonably available in the insurance marketplace and approved in writing by the City Attorney. (i) If the Facility is damaged or destroyed due to events for which the Contractor is obligated to carry insurance, the Contractor shall act diligently to promptly collect and apply insurance proceeds to the repair or reconstruction of the Facility. Section 5.2 Delivery of Policies; Required Provisions The Contractor shall deliver to the City Attorney copies of all certificates of insurance for required insurance and any policy amendments and policy renewals. A . City of Port Angeles 34 April 5, 2005 . certified copy of the insurance policy will be provided to the City Attorney upon request. All insuranc~ shall be subject to the City Attorney's approval of the company, terms and coverages. Each policy must provide for 45 days prior written notice of termination or cancellation, and of any change in coverage or deductibles, to be given by the insurer to the City Attorney. Section 5.3 Indemnification (a) Subject only to the limitations set forth in Section 5.3(b), the Contractor covenants and agrees that, to the maximum extent permitted by law, it shall defend, indemnify and hold the City, its successors, assigns, officers, employees, and elected officials harmless from and against any and all liabilities, actions, damages, claims, demands, judgments, losses, costs, expenses, reasonable attorney fees, suits and actions, relating to or resulting from: (i) Any injury to or death of any Person or Persons, or loss of or damage to property caused or alleged to be caused by the Contractor or any of its officers, agents, employees, Subcontractors (or any officer, agent or employee of any Subcontractor), or any person under the control of or alleged to be under the control of or acting at the direction of the Contractor or any Subcontractor arising in connection with or as a result of: . (A) The performance by the Contractor of its obligations under the Agreement; (8) The use or operation of the Facilities, the Trailers or the loading area by the Contractor or by any other person; (C) The condition of the Facilities, the Trailers, and loading area after the Commencement Date and prior to the termination of the Agreement; (ii) Any condition of the Facilities caused by the Contractor relating to hazardous or toxic substances or any other condition caused by the Contractor that results in environmental liabilities at the Facilities, Transport Facility or Disposal Site; and (iii) An allegation of infringement, violation or conversion of any patent, license, proprietary right, trade secret or other similar interest, in connection with the operation of the Facilities by the Contractor or the design, technology, processes, machinery or equipment used at the Facilities, Transport Facility or Disposal Site by the Contractor. . Notwithstanding anything express or implied in the Agreement to the contrary and in addition to the indemnity and hold harmless agreements of the Contractor set forth above, but without regard to any express or implied limits on the Contractor's City of Port Angeles 35 April 5, 2005 Section, the City in its sole discretion may procure and maintain, at the Contractor's sole expense, insurance to the extent the City deems proper. The Contractor shall reimburse the City for the cost of that insurance within fifteen (15) days of receiving written notice by the City Attorney to do so. (c) Within thirty (30) days following the execution of the Agreement, the Contractor at its sole expense shall obtain and file with the City Attorney a certificate of insurance that includes the coverages required under this Section which coverage shall take effect on the Commencement Date. . (d) All insurance policies obtained by the Contractor in connection with the Agreement must provide the following: . . i. Coveraaes: Extended Bodily Injury Employees as Additional Insured Premises/Operations Liability Products and Completed Operations Liability Blanket Contractual Liability Broad form Property Damage Liability (including completed operations) Personal Injury Stop Gap or Employers Contingent Liability Automobile Liability, including coverage for owned, non-owned leased or hired vehicles Earthquake Explosion, Collapse, Underground damage (referred to as "X.C.U.") Owners and Contractors Protective Liability Railroad Protective Coverage Pollution Liability, if available at commercially reasonable rates, as determined by the City Attorney in his or her sole discretion. City authorization to proceed with Service Component III shall be subject to the Contractor obtaining Pollution Liability in order to satisfy lease agreement requirements between Clallam County and the Washington State Department of Natural Resources. Minimum Limits for all Coveraaes: ii. $3,000,000 per occurrence; $6,000,000 annual aggregate. Providing insurance coverage under this Section shall not be construed to relieve the Contractor from liability in excess of these limits. These limits are subject to revision by the City Attorney to protect the interests of the Contractor and the City. iii. Additional Insured: City of Port Angeles 33 Apn15,2005 indemnity and hold harmless agreement set forth above, the Contractor shall defend, indemnify and hold the City, its successors, assigns, officers, employees, and elected . officials harmless from and against any and all penalties, fines and charges of any federal, state or local government having jurisdiction over the Facilities, Transport Facility or Disposal Site, or the operations at the Facilities, Transport Facility or Disposal Site, arising from any violation or alleged violation of Applicable Law by the Contractor in connection with or as a result of the operations at the Facilities, Transport Facility or Disposal Site or otherwise relating to Contractor's performance of its obligations under the Agreement. (b) The Contractor is not required to indemnify the City, its successors, assigns, officers, employees, or elected officials or hold the City, its successors, assigns, officers, employees, or elected officials harmless pursuant to the provisions of this Section for any loss, damage or claim caused solely or in the case of concurrent negligence, to the extent caused by the negligence or willful misconduct of the City, its successors, assigns, officers, employees, or elected officials. (c) Subject only to the limitations set forth in Section 5.3(d), the City covenants and agrees that, to the maximum extent permitted by law, it shall defend, indemnify and hold the Contractor, its successors, assigns, officers, employees, Subcontractors and agents harmless from and against any and all liabilities, actions, damages, claims, demands, judgements, losses, costs, expenses, reasonable attorney fees, suits and actions, relating to or resulting from: (i) Any injury to or death of any Person or Persons, or loss of or damage to property caused or alleged to be caused by the City or any of its successors, assigns, officers, employees, agents, or elected officials, or any Person under the control of or alleged to be under the control of or acting at the direction of the City arising in connection with or as a result of: . (A) The City's performance of its obligations or exercise of its rights under the Agreement; (ii) Any condition of the Facilities caused by the City or its predecessors relating to hazardous or toxic substances or any other condition caused by the City or its predecessors that results in environmental liabilities at the Facilities, Transport Facility or Disposal Site. The City shall be responsible for all pre-existing conditions and shall provide for any environmental cleanup(s) of the surface or subsurface at the City's sole expense. Notwithstanding anything express or implied in the Agreement to the contrary and in addition to the indemnity and hold harmless agreements of the City set forth above, but without regard to any express or implied limits on the City's indemnity and hold harmless agreement set forth above, the City shall defend, indemnify and hold the Contractor, its successors, assigns, officers, employees, Subcontractors and agents harmless from and against any and all penalties, fines and charges of any federal, state . City of Port Angeles 36 April5,2005 . . . or local government having jurisdiction over the Facilities, or the operations at the Facilities, ari~ing from any violation or alleged violation of Applicable Law by the City or any of its predecessors, successors, assigns, officers, employees, agents, or elected officials in connection with or as a result of the operations at the Facilities, or otherwise relating to City's performance of its obligations or exercise of its rights under the Agreement. (d) The City is not required to indemnify the Contractor, its successors, assigns, officers, employees, Subcontractors or agents or hold the Contractor, its successors, assigns, officers, employees, Subcontractors or agents harmless pursuant to the provisions of this Section for any loss, damage or claim caused solely or, in the case of concurrent negligence, to the extent caused by the negligence or willful misconduct of the Contractor, its successors, assigns, officers, employees, Subcontractors or agents. (e) The indemnified party (either the City or the Contractor) shall timely notify the indemnifying party following the indemnified party's receipt of written notice from any third party of any act, omission or occurrence with respect to which the indemnified party intends to seek indemnification in accordance with the Agreement and, if requested by the indemnifying party, shall also supply the indemnifying party all records, data, contracts and documents reasonably related to that third party claim to enable the indemnifying party to evaluate that claim for purposes thereof. If the indemnifying party replies in writing to the indemnified party within twenty (20) days from the date of such notice that it will undertake the defense of the indemnified party and will hold such party harmless with respect to such claims, then no additional attorneys' fees incurred by the indemnified party in its own defense shall be compensable as a claim entitled to indemnity, unless (a) the indemnifying party has agreed to pay such fees and expenses, (b) the indemnifying party has failed to assume the defense of that claim or has failed to employ counsel reasonably satisfactory to the indemnified party, or (c) the named parties in any action or proceeding relating to that claim (including any impleaded parties) include the Contractor and the City, and the indemnified party has been advised by its counsel that the indemnified party has a conflicting interest with the indemnifying party or that there may be one or more legal defenses available to the indemnified party which are different from or additional to those available to the indemnifying party. The indemnified party will reasonably cooperate in providing information and testimony to assist in the defense of the matter, but all out-of-pocket costs thereof shall be a part of the indemnified amounts for which the indemnifying party shall hold the indemnified party harmless. Control of the defense of the claims shall be the right and responsibility in this case of the indemnifying party, which shall have authority to contest, compromise or settle the matter in its sole discretion. If the indemnifying party replies to the indemnified party within twenty (20) days from the date of such notice but denies its responsibility to indemnify and hold the indemnified party harmless with respect to such claim, or if the indemnifying party does not reply to the indemnified party within twenty (20) days from the date of such notice, the indemnified party may designate its own attorney, whose reasonable fees shall be City of Port Angeles 37 April 5, 2005 compensable as an indemnified claim to the indemnified party to the extent such claim . is ultimately allowed under the terms of this Agreement. Whether or not the indemnifying party replies, each party shall reasonably cooperate in providing information and testimony to assist in the defense of the matter, and the costs thereof (including attorney fees and out-of-pocket expenses) shall be a part of any indemnified amounts for which the indemnifying party is obligated to hold the indemnified party harmless under the terms of this Agreement. (f) The foregoing indemnification and hold harmless provisions are for the sole and exclusive benefit and protection of the indemnified parties, and are not intended, nor shall they be construed, to confer any rights or impose any liabilities on any Person or Persons other than the indemnified parties, except to the extent such benefit and protection inure to Clallam County under the terms of the Interlocal Agreement. (g) If a court of competent jurisdiction determines that the Agreement is subject to RCW 4.24.115, then the Contractor's liability to indemnify the City for liability for damages arising out of bodily injury to persons or damage to property caused by or resulting from concurrent negligence of the Contractor and the City shall be limited to the Contractor's negligence. (h) It is further specifically and expressly understood that the indemnification provided in this Section constitutes the Contractor's waiver of immunity under industrial . insurance and Title 51 RCW solely for the purposes of this indemnification. (i) If any claims indemnified against under this Section have the potential for coverage under any insurance, then before pursuing recovery under this indemnity the indemnified party may pursue all recovery for such claim from any third party insurance. When the indemnified party has determined in its reasonable discretion that it has exhausted all recovery under all such available insurance, the indemnifying party shall pay only the amount of the loss, if any, that exceeds the total amount that all insurance has paid for the loss. Nothing in the Agreement shall constitute a waiver or relinquishment of any claims which the Parties may have against insurers, nor shall any provision of the Agreement waive or relinquish any subrogation or contribution rights that the Parties or their insurers may have against another insurer or potentially liable party. (j) Except as otherwise expressly stated herein, the Parties do not under this Section waive or surrender indemnity available under any federal, state, regional or local law. This Section shall survive termination or expiration of the Agreement. Section 5.4 Performance Bonds and Financial Guarantee (a) Prior to the commencement of construction of the Transfer Station and Moderate-Risk Waste Facility, the Contractor shall provide the City Attorney with, and . maintain during the construction period and two years following the Commercial City of Port Angeles 38 April 5, 2005 . . . Operations Date a performance bond from, a Surety in the principal amount equal to the total development and fixed facilities price specified in Exhibit C, in favor of the City and in compliance with Applicable Law with a surety company reasonably approved by the City Attorney, to secure the Contractor's performance of its obligations and faithful adherence to all requirements of the Agreement during the acquisition, construction, installation and startup of the Transfer Station and Moderate-Risk Waste Facility. The City may draw upon the performance bond in accordance with this Section. Any Surety providing a performance bond must be licensed to conduct business in Washington State and be included on the current list of Companies Holding Certificates of Authority as Acceptable Sureties on Federal Bonds and as Acceptable Reinsuring Companies, as published in Circular 570, as amended, by the Audit Staff Bureau of Accounts, United States Treasury Department. The City may in its reasonable discretion require additional performance bonds from time to time during construction, as circumstances, including Uncontrollable Circumstances, may dictate. The Contractor shall be compensated for the cost of providing any additional bonds required by the City. The City may in its reasonable discretion permit the Contractor to substitute for the performance bond a letter of credit from a bank acceptable to the City. The performance bond shall provide that notwithstanding the termination of the construction period, at any time within two (2) years after the date construction terminates, the City may make a claim against the performance bond for the Contractor's failure to perform its obligations under the Agreement. Contractor shall be liable for all construction defects in the Transfer Station and Moderate-Risk Waste Facility regardless of the termination of the performance bond. (b) Within thirty (30) days following the execution of the Agreement, the Contractor shall provide the City Attorney with, and shall maintain during the Term of the Agreement a performance bond in favor of the City with a surety company reasonably approved by the City Attorney, in the principal amount equal to the greater of $100,000 or twenty-five percent (25%) of the total annual Service Fees to secure the Contractor's performance of its obligations and faithful adherence to all requirements of the Agreement, including payment of any liquidated damages required in Section 7.5. (c) The performance bonds required under Sections 5.4 (a) and 5.4 (b) shall contain the following endorsement: "It is hereby understood and agreed that this bond may not be canceled by the surety nor any intention not to renew be exercised by the surety until after thirty (30) days written notice to the City Attorney of such intention to cancel or not to renew". (d) For purposes of this subsection, the word "bond" shall mean any bond, letter of credit, or other financial guarantee referred to in this Section and provided to guarantee or provide the funds to guarantee the performance of the Contractor's obligations under the Agreement. All bonds given under this Section that are signed by the Surety's agent must be accompanied by a certified copy of that agent's authority to act for the Surety at the time the bond is signed. The City Attorney must approve in City of Port Angeles 39 April5,2005 writing the Surety and the form and substance of all bonds. The Contractor may satisfy . the bond obligations under this Section by providing bonds in a form acceptable to the City Attorney in his or her sole discretion from one or more bonding companies meeting the qualifications set forth in this Section. (e) The rights reserved to the City with respect to the performance bonds are in addition to all other rights of the City, whether reserved by the Agreement or authorized by law, and no action, proceeding or exercise of a right with respect to such bonds shall affect the City's rights to demand full and faithful performance under the Agreement or limit Contractor's liability for damages. Section 5.5 Delivery of Bonds; Required Provisions The Contractor shall deliver to the City Attorney all bonds required by this Agreement. A certified copy of the bonds will be provided to the City Attorney upon request. All bonds shall be subject to the City Attorney's approval of the company, form, terms and coverages. Each bond must provide for thirty (30) days prior written notice of termination or cancellation or of any change in coverage or deductibles to be given by the surety to the City Attorney. SECTION 6 ASSIGNMENT, SUBCONTRACTING, CHANGE OF CONTROL . Section 6.1 Contractor Assignment and Delegation The Contractor shall not sell, assign, delegate, transfer or convey any rights or obligations under or arising from this Agreement, either separately or collectively, to any other person, firm or entity, without the prior written consent of the City, which consent shall not be unreasonably withheld. Any attempt by the Contractor to sell, assign, delegate, transfer or convey any rights or obligations under or arising from the Agreement, without the City's prior written consent, shall be null and void and unenforceable. Section 6.2 Contractor Subcontracts (a) During the Term of the Agreement, at the City's request the Contractor shall supply the City's Authorized Representative with a list of all Subcontractors that will be providing services on the Project. The City shall have the right to reject any or all subcontracts of all or part of Contractor's obligations to perform the Project, if the City reasonably believes that the Subcontractors involved either have not or will not adequately perform the tasks assigned to them. Upon request by the Contractor, the City shall provide to Contractor the basis for its rejection of any Subcontractor, and the Parties will confer to determine whether the City's concerns may be addressed in any manner other than rejection of that Subcontractor. In no event shall the Contractor's . subcontracting or the City's failure to reject Contractor's subcontracting in any way City of Port Angeles 40 April 5, 2005 . . . relieve the Contractor of its responsibilities under the Agreement. (b) Unless a reasonable dispute exists concerning payment, the Contractor shall promptly pay all Subcontractors, materialmen, suppliers or laborers engaged for purposes of the Agreement in accordance with the contract or agreement between that Person and the Contractor. Section 6.3 Change In Control or Ownership Any direct or indirect change in Control or the transfer of a direct or indirect Controlling Interest in the beneficial ownership of the Contractor shall constitute a Contractor Event of Default under the terms of the Agreement, unless the City consents in writing to that transfer in accordance with Section 6.1, which consent shall not be unreasonably withheld. The "change in control" or "transfer of a direct or indirect Controlling Interest" of Contractor shall include but is not limited to the transfer or assignment of fifty-one percent (51 %) or more of the beneficial ownership of Contractor to or from a single entity; however, intra-company transfers in the form of transfers between different subsidiaries or branches of the Contractor's parent corporation shall not be construed as a "change in Control" or "the transfer of a Controlling Interest" of Contractor. Section 6.4 Binding Effect The Agreement shall bind and inure to the benefit of the successors or assigns of the Parties hereto, whether by merger, consolidation, transfer of assets, change in Control, or transfer of a direct or indirect Controlling Interest or ownership of the Party. SECTION 7 CONTRACTOR VIOLATIONS OF SERVICE COMPONENTS Section 7.1 Violation Resolution Process If the City reasonably believes that the Contractor is in violation of the Agreement, the City's Authorized Representative may notify the Contractor in writing of the violation setting forth in detail the nature of such violation. Within thirty (30) days of Contractor's receipt of such notice of Violation, or after a longer period specified by the City, the Contractor shall (i) respond in writing that the violation has been cured, (ii) provide a written cure plan and schedule that reasonably satisfies the City, (iii) provide explanations in refutation or excuse with documentation to support that an alleged violation did not occur, or, if applicable, (iv) refute the City's denial of the Contractor's cure plan. Within thirty (30) days of City's receipt of a written cure plan from the Contractor the City shall provide written acceptance or denial of Contractor's cure plan, which acceptance shall not be unreasonably withheld or delayed. All notices given by one of the Parties to the other pursuant to this Section shall be delivered in accordance with Section 2.10. City of Port Angeles April 5, 2005 41 Section 7.2 Violation Cure Period Extension . If the nature of the violation is such that it cannot be fully cured within thirty (30) days due to Uncontrollable Circumstances or City Event of Default, the period of time in which the Contractor must cure the violation shall be extended by the City in writing for such additional time reasonably necessary to complete the cure, provided that (i) the Contractor shall have promptly commenced to cure, and (ii) the Contractor is diligently pursuing its efforts to cure in the City's reasonable judgment. Section 7.3 Violation Sanctions If the violation has not been cured within the time allowed under Sections 7.1 and 7.2 above, then the Contractor shall be liable for Liquidated Damages in accordance with Section 7.5. If the Contractor fails to make full and complete Liquidated Damage payments as required by this Service Agreement within thirty (30) days after receipt of a City invoice, then the City may immediately take steps to withdraw without further notice to Contractor the amount thereof from the Performance Bond maintained in accordance with Section 5.4 or, at the City's sole option, to deduct the amount thereof from the Service Fee in accordance with Section 18, except as subject to Section 7.4 below. Liquidated Damages shall accrue from the date: (i) thirty (30) days after the City's notice of Violation per Section 7.1, if no cure plan is submitted; (ii) the date of the City's denial of the Contractor's cure plan; (iii) the date the City approved the cure plan if the Contractor fails to complete the cure; or (iv) the date of the determination by the administrative hearing examiner provided under Section 7.4, that either (a) there was a . violation; or (b) the cure plan was not unreasonably denied. In the event of a dispute under the Agreement relating to Liquidated Damages, including an administrative hearing, the Contractor shall pay any Liquidated Damages resolved in the City's favor immediately upon resolution, and shall include a finance charge in the amount of six percent (6%) per annum covering the period from the original due date of such Liquidated Damages through the date of payment upon such resolution. Section 7.4 Violation Refutation Notwithstanding any other provision of the Agreement, upon the Contractor's request, the Contractor shall be afforded an opportunity to: (i) refute that a violation has occurred or (ii) refute the City's denial of Contractor's cure plan. The City may not act under Section 7.3 if an administrative hearing, as provided for herein, is requested in writing by the Contractor and no determination has yet been made as to whether a violation has occurred. This opportunity shall consist of an administrative hearing before an impartial hearing examiner jointly designated by the City Attorney and the Contractor's Authorized Representative within thirty (30) days of Contractor's written request to the City Attorney. The Contractor waives its right to request an administrative hearing if it fails to respond in writing in accordance with Section 7.1. If, as a result of the administrative hearing, the hearing examiner determines that a . violation has not occurred, the City shall pay all of the hearing expenses related to the City of Port Angeles 42 April 5, 2005 . administrative hearing (including attorney fees). If the hearing examiner determines that a violation h9s occurred, the Contractor shall pay the expenses (including attorney fees). After the conclusion of the administrative hearing either party may seek any and all remedies that it may have at law. In any such proceeding the non-substantially prevailing party shall be required to pay the reasonable expenses incurred by the substantially prevailing party in such suit and all damages and costs (including attorney fees) . Section 7.5 Liquidated Damages If a violation has not been cured within the time allowed under Sections 7.1 and 7.2 above, then the Contractor shall be liable for Liquidated Damages as set forth in this Section as accrued from the applicable time period set forth in Section 7.3. In any such case, the City may, in its reasonable discretion, charge and draw from the Contractor's performance bond or withhold from any Service Fees due to the Contractor or obtain from the Contractor in some other manner, the following Liquidated Damages, which the parties agree bear a reasonable relationship to the damages the City would actually incur: (a) In the event of a Contractor Violation which prevents Contractor from being able to process Acceptable Waste at the Transfer Station, charge the Contractor Liquidated Damages in the amount of $2,500 per day; . (b) In the event of a Contractor Violation which prevents Contractor from being able to Transport Acceptable Waste and/or dispose Acceptable Waste at a permitted Disposal Site, charge the Contractor Liquidated Damages in the amount of $5,500 and/or $3,000 per day respectively; (c) In the event the Contractor fails to procure and maintain the insurance required under Section 5.1 after the Commercial Operations Date, charge the Contractor a per-day fee equal to twice the annual cost of obtaining insurance of the type and in the amounts required on the day of the default divided by 365 (i.e., twice the daily cost of the insurance). The payment of Liquidated Damages for the Contractor's failure to procure and/or maintain insurance shall be paid notwithstanding Contractor's reimbursement to the City of any cost incurred by the City to obtain or maintain insurance coverage; (d) In the event that the Contractor fails to procure and maintain the performance bond required by Section 5.4(b), charge the Contractor Liquidated Damages in the amount of $1,000 per day for the Contractor's failure to procure and/or maintain such bond(s); (e) In the event of a Contractor Violation which prevents the Contractor from being able to process Acceptable Waste at the Blue Mountain Drop Box Facility, charge the Contractor Liquidated Damages in the amount of $500 per day; . City of Port Angeles 43 April 5, 2005 (f) In the event that the Contractor fails to materially comply with any . provision of the Agreement after the Commercial Operations Date not otherwise specified in this Section, charge the Contractor Liquidated Damages in the amount of $500 per day; (g) In the event of a Contractor Violation which prevents the Contractor from being able to process Acceptable Moderate-Risk Waste at the Moderate-Risk Waste Facility, charge the Contractor Liquidated Damages in the amount of $500 per day; (h) Any Contractor transaction or arrangement, which has the intent of duplicating City payment of Service Fees, circumventing payment of Disposal Charges and/or evasion of payment of Disposal Charges by non-collection, non-reporting of revenues, bartering, or any other means that evade the actual collection of revenues by the Contractor for services delivered, is prohibited, charge the Contractor Liquidated Damages in the amount of $500 per day. Liquidated Damage amounts under the Agreement shall be adjusted annually at a rate equal to 80% of the CPI determined in accordance with Section 17.3. SECTION 8 DEFAULT AND TERMINATION Section 8.1 Contractor Events of Default . Each of the following shall constitute a Contractor Event of Default for purposes of the Agreement (unless caused by an Uncontrollable Circumstance or a City Event of Default): (a) Any failure of the Contractor to reasonably satisfy the City in regards to the Project Development Plan or the deliverables within the Project Development Schedule and Project Construction Schedule by the completion dates required under the Agreement; (b) Any failure of the Facilities, Transportation Facilities, or the Disposal Site to meet the requirements set forth in the Agreement and Applicable Law after the Commercial Operations Date required under the Agreement and/or failure to begin operations by the Commercial Operations Date; (c) Any failure of the Contractor to comply with the requirements of the Agreement that the City reasonably determines threatens public health or safety. Notwithstanding the foregoing, the City may at the Contractor's expense use all reasonable means to eliminate the threat to public health or safety, including but not limited to assuming operations at the Facilities; (d) Any failure of the Contractor to substantially provide the City with a Service Component under the Agreement; . City of Port Angeles 44 April 5, 2005 . (e) I The Contractor's repeated and persistent violations of the Agreement pursuant to Section 7 that result in the assessment of Liquidated Damages; . . (f) The Contractor's failure to repair, restore, replace or remediate the Facilities within three (3) months after the City's Authorized Representative gives the Contractor a Violation Notice or Default Notice; (g) There is entered, without the consent of the Contractor, a decree or order under Title 11 of the United States Code or any other applicable bankruptcy, insolvency, reorganization or similar law, or appointment of a receiver, liquidator, trustee or similar official of Contractor or any substantial part of its properties, and such decree, order or appointment shall remain in effect (and not be stayed) for 60 consecutive days; (h) The Contractor shall file a petition, answer or consent seeking relief under Title 11 of the United States Code or any other applicable bankruptcy, insolvency, reorganization or other similar law, or shall consent to the institution of proceedings thereunder or to the filing of that petition or to the appointment of a receiver, liquidator, trustee or other similar official of the Contractor or of any substantial part of the properties of the Contractor, or shall make a general assignment for the benefit of creditors; (i) An assignment or a change in Control, Controlling Interest or ownership of the Contractor other than that expressly permitted under Section 6.3 of the Agreement; 0) The Contractor fails to procure and/or maintain the performance bond required under Section 5.4(a) of this Service Agreement, provided that such failure shall not constitute a Contractor Event of Default if the Contractor provides a new bond or replacement security meeting the requirements of the Agreement at any time before the expiration or termination of the existing security; or (k) The Contractor fails to procure and maintain insurance in accordance with Section 5.1 of this Service Agreement prior to the Commercial Operations Date, provided that such failure shall not constitute a Contractor Event of Default if the Contractor provides a new certificate of insurance meeting the requirements of the Agreement at any time before the expiration or termination of the existing policy. (I) The Contractor's cumulative increase to Service Fees at any time becomes greater than twenty percent (20%), excluding all adjustments made pursuant to Section 2.15(a)(vii) and all adjustments to the Service Fees made pursuant to Section 17.2. Section 8.2 Right to Cure Contractor Event of Default (a) Upon the occurrence of any Contractor Event of Default pursuant to Section 8.1, the City's Authorized Representative shall provide the Contractor's City of Port Angeles 45 April 5, 2005 Authorized Representative with a Default Notice specifying the Contractor Event of . Default that has occurred. The Contractor shall be allowed thirty (30) days to cure a Contractor Event of Default by taking appropriate steps to comply with the terms of the Agreement and any other applicable lawful regulations. If the nature of the Contractor Event of Default is such that it cannot be fully remedied within thirty (30) days due to Uncontrollable Circumstances or City Event of Default, the period of time in which the Contractor must remedy the Contractor Event of Default shall be extended by the City in writing for such additional time reasonably necessary to complete the remedy, provided that (i) the Contractor shall have promptly commenced to remedy the Contractor Event of Default, and (ii) the Contractor is diligently pursuing its efforts to remedy the Contractor Event of Default in the City's reasonablejudgment. Section 8.3 Remedies for Contractor Event of Default (a) Upon the occurrence of any Contractor Event of Default pursuant to Section 8.1 and a failure to cure under Section 8.2, the City may, in its sole discretion: (i) Be released from its obligations under the Agreement and use any other method or Person to process Acceptable Waste including the City itself; (ii) Seek the judicial remedy of specific performance; . (iii) Immediately take steps to terminate the Agreement and either withdraw the City's actual cost to cure the Contractor's Event of Default up to the principal amount of the applicable performance bond required in Sections 5.4(a) or (b) or deduct the amount thereof from the Service Fee in accordance with Section 18 and Section 8.3(d); (iv) In the event of a Contractor Event of Default described in Sections 8.1 (g) or (h), seek the appointment of a receiver for anyone or more of the Facilities in the Superior Court of Clallam County, Washington, such receiver to continue operations of anyone or more of the Facilities under the direction of the court; or (v) Pursue any combination of the foregoing or any other remedy, including money damages, available at law, equity or under this Service Agreement. (b) In addition to actual damages, specific performance, and other applicable remedies provided in this Section upon the occurrence of a Contractor Event of Default and a corresponding failure to cure, the City shall have the right except as expressly provided herein to terminate the Agreement: . City of Port Angeles 46 April 5, 2005 . (i) If any of the Contractor Events of Default referred to in Subsection 8.1 (a) or (i) shall occur and be continuing for 90 days beyond the date that the Contractor receives the Default Notice; or (ii) Immediately if any Contractor Event of Default referred to in Subsections 8.1 (d) shall occur. (c) If the Agreement is terminated by the City due to a Contractor Event of Default, the Contractor shall, in a timely manner, permit the continued operation of the Facilities by an assignee acceptable to the City in writing and in the City's sole discretion, including the City itself, and the Contractor shall also: (i) Supply the assignee any proprietary components needed for continuing the operations of the Facilities; (ii) Assist the assignee by providing training (at a reasonable cost) of personnel as may be reasonably necessary to enable the assignee to continue with operation of the Facilities; . (iii) Provide the assignee non-technical and technical design, construction and Operations Plans, whether or not proprietary, including Specifications and as-built plans of the Facilities and assign to or provide the assignee any other license or consent which is necessary for the operation, maintenance and repair of the Facilities; and (iv) Promptly convey the Transfer Station Equipment to the City for an amount to be determined in accordance with the Agreement. (d) In the event the City terminates the Agreement for a Contractor Event of Default after the Commercial Operations Date, the Contractor shall be entitled to payment of any Service Fee due prior to the date of termination of the Agreement, but only to the extent that the Service Fee exceeds amounts owed to the City. The City shall retain the right to pursue any cause of action or assert any claim or remedy it may have against the Contractor. . (e) Notwithstanding any other provision of the Agreement, upon the Contractor's request, the Contractor shall be afforded an opportunity to refute that a Contractor Event of Default has occurred, and the City may not act under Section 8.3 until an administrative hearing, as provided for herein, is concluded and a determination has been made as to whether a Contractor Event of Default has occurred. This opportunity shall consist of an administrative hearing before an impartial hearing examiner jointly designated by the City Attorney and Contractor within thirty (30) days of the Contractor's written request to the City Attorney. If as a result of the administrative hearing, the hearing examiner determines that a Contractor Event of Default has not occurred, the City shall pay all of the expenses related to the administrative hearing City of Port Angeles 47 April 5, 2005 (including attorney fees). If the hearing examiner determines that a Contractor Event of . Default has occurred, the Contractor shall pay the hearing expenses (including attorney fees). After the conclusion of the administrative hearing either Party may seek any and all remedies that it may have at law. (f) In the event the City terminates the Agreement for a Contractor Event of Default, the City or Contractor may pursue any remedy available to it at law or in equity. In any such proceeding the non-substantially prevailing party shall be required to pay the reasonable expenses incurred by the substantially prevailing party in such suit and all damages and costs (including attorney fees). Section 8.4 City Event of Default The following shall constitute a City Event of Default for purposes of the Agreement: (a) The repeated or persistent failure or refusal by the City to fulfill any of its material obligations under the Agreement (unless that failure or refusal results from an Uncontrollable Circumstance or Contractor Event of Default). (b) Upon the occurrence of a City Event of Default, the Contractor's Authorized Representative shall provide the City's Authorized Representative with a Default Notice specifying the City Event of Default that has occurred. The City shall be . allowed thirty (30) days to cure a City Event of Default by taking appropriate steps to comply with the terms of the Agreement and any other applicable lawful regulations. If the nature of the City Event of Default is such that it cannot be fully remedied within thirty (30) days due to Uncontrollable Circumstances, the period of time in which the City must remedy the City Event of Default shall be extended by the Contractor in writing for such additional time reasonably necessary to complete the remedy, provided that (i) the City shall have promptly commenced to remedy the City Event of Default, and (ii) the City is diligently pursuing its efforts to remedy the City Event of Default in the Contractor's reasonable judgment. (c) If the City Event of Default has not been cured within the time allowed above, then the Contractor may immediately take steps to terminate the Agreement. In the event the Contractor terminates the Agreement for a City Event of Default, the Contractor shall be released from its obligations under the Agreement. In addition, in any such case, the Contractor shall retain the right to pursue any cause of action or assert any claim or remedy it may have against the City, whether available at law, in equity or under the Agreement, including breach of contract and specific performance. Section 8.5 City Final Payment for Facilities - Event of Default (a) In the event the City terminates the Agreement due to a Contractor Event of Default related to the Transfer Station and/or Moderate-Risk Waste Facility in accordance with the Agreement prior to the Commercial Operations Date, the City shall . not be responsible either for payment of Service Fees to the Contractor in accordance City of Port Angeles 48 April 5, 2005 . with Section 17 or for Final Payment for the Transfer Station and/or Moderate-Risk Waste Facility. (b) In the event the City or Contractor terminates the Agreement due to a Contractor or City Event of Default or an Uncontrollable Circumstance after the Transfer Station and/or Moderate-Risk Waste Facility Commercial Operations Date, the City shall provide a Final Payment for the Fixed Transfer Facilities and Moderate-Risk Waste Facility, and may acquire the Contractor's Transfer Station Equipment. The City shall compensate the Contractor for the Fixed Transfer Station Facilities and Moderate-Risk Waste Facility at the time of termination, in the amount specified as the Final Payment in accordance with Exhibit C. The Final Payment may be reduced by any outstanding Liquidated Damages and damages to the Facilities that have not been restored pursuant to Section 11.5. The Contractor shall provide the City a right of first refusal to purchase the Contractor's Transfer Station Equipment and shall provide to the City's Authorized Representative a Transfer Station Equipment Schedule at least thirty (30) days prior to the termination date. The Transfer Station Equipment Schedule shall separately identify each piece of equipment, including its original purchase price, manufacturer's service life, and accumulated depreciation based on the straight-line method. The City will be allowed to purchase any piece of equipment or the Contractor's equipment inventory on the basis of its depreciated value. Section 8.6 Remedies Cumulative, No Waiver . The rights and remedies granted by this Section and Section 7 are in addition to, and not in limitation of, all rights and remedies available to the Parties at law and in equity. All such rights and remedies are available to the Parties. Nothing in this Section, and no actions taken pursuant to this Section, shall constitute a waiver or surrender of any rights, remedies, claims or causes of action that either Party may have against the other under any other provision of the Agreement or any provision of law. SECTION 9 UNCONTROLLABLE CIRCUMSTANCES Section 9.1 "Uncontrollable Circumstance" Defined "Uncontrollable Circumstance" means any act, event or condition that has had or may reasonably be expected to have a material adverse effect on the rights or obligations of a Party to the Agreement, or a material adverse effect on the Facilities, Transportation Facilities or Disposal Site, if that act, event or condition is beyond the reasonable control of the Party relying thereon as justification for not performing an obligation or complying with any condition required of that Party under the Agreement. Those acts, events or conditions shall include only the following: . (a) An act of God (except normal weather conditions for the geographic area of the Facility), including the following: hurricanes, tornadoes, epidemic, landslide, lightning, earthquake, volcano eruption, nuclear radiation, fire or explosion, extreme City of Port Angeles 49 April5,2005 flooding or other extreme and atypical weather condition, an act of public enemy, war, . blockade, insurrection, terrorism, riot, general arrest, or restraint of government and people, civil disturbance or similar occurrence, that directly affects the operation of the Facility, a Transportation Facility or Disposal Site; (b) Failure of any appropriate federal, state or local agency or public or private utility having operational jurisdiction in the area of location of the Facilities to provide and maintain and assure the maintenance of any necessary utility; (c) Delays in securing permits necessary for the construction and/or operation of the Facilities, Transportation Facilities or Disposal Site, including delays that result from successful appeals by third parties of such permits, provided that the Party claiming an Uncontrollable Circumstance has met all of its obligations under the Service Agreement with respect to such permits and/or has diligently defended such appeal; (d) A change in Applicable Law after the effective date of this Agreement that prohibits or substantially interferes with or substantially increases the costs of the Contractor's performance of its obligations under the Agreement, including but not limited to the application of RCW 35.21.156(8)'s prevailing wage and women and minority business enterprise provisions to the Contractor's operation of the Facilities after the Commercial Operations Date; (e) For the Contractor, either a Contractor, non-Contractor or industry- . wide strike which substantially impacts and makes it commercially unreasonable to perform the Contractor's obligations under the Agreement; (f) For the City, any strike or labor dispute which substantially impacts and makes it commercially unreasonable to perform the City's obligations under the Agreement; (g) For the Contractor, delays caused by application of Federal or State archaeological, historical, or environmental law required by conditions discovered during the design or construction of the Facilities; or (h) For the Contractor, delays caused by City remediation projects necessitated by on-site activities that occurred prior to the execution of this Agreement. It is expressly understood and agreed that, notwithstanding any other provision of this definition, the following events or conditions, in and of themselves, shall not constitute an Uncontrollable Circumstance: (i) Adverse changes in the financial ability of either of the Parties to perform its obligations under the Agreement; (ii) The consequences of errors of design, construction, Startup, . City of Port Angeles 50 Apri/5,2005 . operation or maintenance on the part of the Contractor or any of its employees, agents, Subcontractors or affiliates; . , (iii) The failure of the Contractor to complete and submit to the City's Authorized Representative applications to secure permits necessary to design, construct, operate, or maintain the Facilities, Transportation Facilities or Disposal Site; (iv) The lack of fitness for use, or the failure to comply with the specifications or the design of any materials, equipment or parts constituting any part of the Facilities, Transportation Facility or Disposal Site; (v) The failure of any technology to perform; (vi) Typical ice, snow and flood conditions, including those resulting in road restrictions; and (vii) Normal Operating Conditions. Section 9.2 Obligations In the Event of an Uncontrollable Circumstance . (a) The Contractor's obligation to provide the services provided for in the Agreement and the City's obligation to pay Service Fees under the Agreement may be suspended or modified on account of Uncontrollable Circumstances that may prevent or substantially increase the cost of Contractor's performance of the Project or the City's performance of its obligations hereunder. Except as allowed under Section 9.2(c), neither Party to the Agreement shall be liable to the other for any loss, damage, delay or failure to perform any obligation under the Agreement to the extent it results from an Uncontrollable Circumstance. No other events shall excuse nonperformance of the obligations of the Parties. (b) As soon as possible after the occurrence of an Uncontrollable Circumstance, but in no event later than forty-eight hours following the time the knowledgeable Party becomes aware that the Uncontrollable Circumstance is likely to interfere with its ability to perform its obligations under the Agreement, such Party shall notify the other Party by telephone call (in person, not via message or voice mail) to the Party's Authorized Representative of the event. As promptly as possible, but not later than two weeks, following such notice, the knowledgeable Party shall provide to the other a written description of (i) the Uncontrollable Circumstance and the cause thereof (to the extent known), (ii) the date the Uncontrollable Circumstance began, its estimated duration, and the impact, if any, on the Commercial Operations Date, and (iii) its estimated impact on the other obligations of such Party under the Agreement. Each Party shall provide prompt written notice of the cessation of such Uncontrollable Circumstance. Whenever such act, event or condition shall occur, the Party claiming to be adversely affected thereby shall, as promptly and as reasonably as possible, use all commercially reasonable efforts to eliminate the cause therefore, reduce costs and . City of Port Angeles 51 AprilS, 2005 resume performance under the Agreement. While the delay continues, the affected . Party shall give notice to the other Party, before the first day of each succeeding month, updating the information previously submitted. The affected Party shall furnish promptly (if and to the extent available) any additional documents or other information relating to the Uncontrollable Circumstance reasonably requested by the other Party's Authorized Representative. (c) If the occurrence of the Uncontrollable Circumstance requires the Contractor to activate the Contingency Plan, the City shall increase Service Fees by the total amount of the Contractor's reasonable actual increased costs of utilizing the Contingency Plan, net of insurance proceeds or any other recoveries obtained by the Contractor, which costs must be documented and substantiated to the satisfaction of the City, plus a reasonable amount under the circumstances for overhead to be paid to the Contractor. If the occurrence of the Uncontrollable Circumstance substantially increases the cost of Contractor's performance of the Project or the City's performance of its obligations hereunder, the Parties shall reasonably negotiate the necessary modifications to the Exhibits to this Agreement and/or the Service Fees pursuant to Section 2.15. The Contractor shall not receive a Service Fee increase or any other additional compensation for the use of alternative facilities unless that use is necessitated by the occurrence of an Uncontrollable Circumstance or as otherwise provided for in the Agreement. (d) If any of the facilities are damaged or destroyed by events for which the Contractor is obligated to carry a performance bond or insurance, the Contractor shall . act diligently to promptly collect and apply insurance proceeds to the correction or reconstruction of those facilities. Section 9.3 Termination Due to Uncontrollable Circumstances (a) The City may, at its option, terminate the Agreement effective thirty (30) days after the City's Authorized Representative gives the Contractor written notice of termination upon the occurrence of any Uncontrollable Circumstance which: (i) Prevents the Contractor from processing any Acceptable Waste for a period of one-hundred and eighty (180) consecutive days after the Commercial Operations Date or one-hundred and eighty (180) days (whether or not consecutive) out of any two-hundred (200) day period after the Commercial Operations Date; or (ii) Prevents or is reasonably expected to prevent the Contractor from processing any Acceptable Waste at least at seventy-five percent (75%) of the normal operational standard for at least eighteen (18) months; or (b) If the City elects to terminate the Agreement as a result of an Uncontrollable Circumstance, the City shall pay to the Contractor an amount intended to fairly compensate the Contractor for the Contractor's performance of its duties under . Section 9.2(c) of the Agreement in addition to Section 8.5(b). City of Port Angeles 52 April 5, 2005 . . . SECTION 10 ACCEPTANCE OF WASTE Section 10.1 Acceptance of Acceptable Waste (a) Beginning on the Commercial Operations Date and continuing at all times throughout the Term of the Agreement, but subject to the provisions of this Section, the Contractor shall accept and process all Acceptable Waste delivered to the Facilities in accordance with the Agreement. (b) The Contractor may refuse to process any Acceptable Waste delivered or sought to be delivered to the Facilities only if and to the extent that the Facilities cannot process and Transport the Acceptable Waste due to a City Event of Default or an Uncontrollable Circumstance. In the event the Contractor does not process Acceptable Waste due to a City Event of Default, the City shall pay the Contractor a monthly Service Fee based on the amount that would be due the Contractor for processing the amount of Acceptable Waste that was processed the month prior to the date on which the event of the City Event of Default occurred. Section 10.2 Ownership of Acceptable Waste Title to and responsibility for processing Acceptable Waste shall pass to the Contractor from the Commercial Haulers and Customers delivering such waste to the Facilities as the Contractor accepts that waste, but in no event later than the moment the Trailer is removed from the boundaries of the Facilities. The Contractor shall have the right to recycle or reuse any material to which it receives title under this Section, except as specifically excluded in Exhibit B. The Contractor may retain any payments it receives for the sale of Recyclable Materials, Special Waste, and Moderate-Risk Waste in accordance with the Agreement. Section 10.3 Ownership of Unacceptable Waste (a) The Contractor shall not be required to accept, and reserves the right to reject or revoke acceptance of any waste brought to the Facilities that the Contractor, in its sole discretion, considers to be or suspects may be Unacceptable Waste. Notwithstanding any provisions of the Agreement to the contrary, title to any Unacceptable Waste that is delivered to the Contractor at the Facilities shall pass to the Contractor the moment the Contractor accepts that waste, unless the Contractor later revokes its acceptance and identifies the Commercial Hauler, Customer, generator or transporter that delivered the Unacceptable Waste. (b) Title to any Unacceptable Waste that the Contractor either rejects or later revokes after accepting shall remain with the Commercial Hauler, Customer, generator or transporter so identified as the party that delivered such waste, and the Contractor shall require such party to remove from the Facilities waste it has delivered which is City of Port Angeles 53 April 5, 2005 subsequently determined or suspected by the Contractor to be Unacceptable Waste, If . such waste ins not removed from the Contractor's possession by the party within a reasonable time, not to exceed seven (7) days from the receipt of such waste, or from notice that such waste has been subsequently determined or suspected of being Unacceptable Waste, the Contractor shall dispose of that Unacceptable Waste in accordance with Section 10.4. (c) The City shall have access to the Facilities upon reasonable advance notice, during Delivery Hours, for the purpose of inspecting for or testing Unacceptable Waste or reviewing Contractor's procedures or observing Contractor's implementation of those procedures for identifying Unacceptable Waste delivered to the Facilities and for handling and disposing of that waste after it is identified. (d) The Contractor may seek cost recovery from the Commercial Hauler, Customer, generator or transporter of such Unacceptable Waste. Section 10.4 Unacceptable Waste and Hazardous Waste Procedures (a) The Parties recognize that title to Unacceptable Waste may pass to the Contractor in accordance with Section 10.3. In that event, the Contractor shall take immediate acti~n to minimize any environmental damage that may be caused by the delivery of Unacceptable Waste to the Facilities and shall handle, transport and dispose of that Unacceptable Waste in accordance with all Applicable Laws and the . requirements of this Section. (b) The Contractor shall make reasonable efforts to exclude deliveries to the Facilities that the Contractor knows or has reason to know contain Unacceptable Waste. The Contractor shall comply with all requirements of, and implement the waste screening program required in, the Operations Plan. Nothing in the Agreement shall create any liability of the City or the Contractor to any third party for the Contractor's failure to detect Hazardous Waste. (c) The Contractor agrees to bear the risk as between the City and the Contractor for the possibility that despite the Contractor's efforts, materials which constitute Unacceptable Waste may in fact be accepted by the Contractor at the Facilities. The Contractor agrees to indemnify and hold harmless the City from any claim or cause of action arising out of an occurrence in which any Unacceptable Waste has knowingly or unknowingly been accepted by the Contractor at the Facilities. The Contractor's assumption of risk and indemnifications provided to the City in this Subsection (c) are expressly conditioned on the City and its employees, agents and elected officials having no knowledge of and/or providing no authorization to make any delivery of Unacceptable Waste to the Facility. Section 10.5 Survival of Rights and Obligations for Unacceptable Waste . City of Port Angeles 54 April 5, 2005 . . . The rights and obligations of the Parties for Unacceptable Waste and any claims for damages th~refore shall survive any termination of the Agreement. DIVISION II SCOPE OF WORK/SERVICE COMPONENTS SECTION 11 SERVICE COMPONENT I TRANSFER STATION FACILITY/OPERATIONS Section 11.1 General (a) The Contractor shall design and construct the Transfer Station and shall be solely responsible for the design, development, construction, financing, Startup and operation of the Transfer Station in accordance with the Agreement. The Contractor shall construct the Transfer Station on City Property located at 3501 West 18th Street, Port Angeles, Washington in accordance with the Agreement. The Contractor's responsibilities under Service Component I are described in detail in Exhibit B. (b) The City is the sole owner of the Transfer Station and the Appurtenances. The Contractor has and shall have no property rights in the Transfer Station and the Appurtenances. (c) The Contractor shall be responsible for acceptance and proper handling of all Acceptable Waste delivered to the Transfer Station, in accordance with Applicable Law, the Waste Acceptance Policy, and all other provisions of the Agreement. Section 11.2 Disposal Site Capacity The Contractor shall provide capacity at the Disposal Site sufficient for the disposal of all Acceptable Waste delivered to the Transfer Station for the full twenty (20) year Term of the Agreement, unless and until the Agreement is terminated prior to the end of such Term. Section 11.3 Repair and Replacement of the Transfer Station The Contractor shall maintain the Transfer Station in conformance with industry standards and in accordance with (i) Exhibits A and B, and (ii) Applicable Law. The City may require the Contractor, at the Contractor's sole expense, to replace or repair any Facility Damages that the City reasonably believes does not comply with the Agreement. Section 11.4 Restoration of the Transfer Station The Parties intend and agree that upon termination of the Agreement the Transfer Station shall in all respects comply with the requirements of Section 2.17 of the Agreement and that the Contractor shall, at its sole expense, restore and remediate the City of Port Angeles 55 April 5, 2005 Transfer Station as required to comply with the Agreement, Normal Wear and Tear . excepted. Section 11.5 , Financing The Contractor shall be solely responsible for obtaining financing for development and construction of the Transfer Station. No such financing shall in any way pledge or be deemed to pledge the credit or the taxing power of the City, the State of Washington or any other subdivision or municipal corporation thereof. The City shall make available to potential lenders information about the Agreement and solid waste operations in the City. The City shall have no other obligations with respect to any financing for the Transfer Station. Section 11.6 Contractor Use of Facilities The Contractor shall not use or operate the Transfer Station except as specifically provided in the Agreement. No City Property shall be in any way used by the Contractor as an intermodal or transfer facility or for the Contractor's own purposes except as specifically provided in the Agreement. SECTION 12 SERVICE COMPONENT II TRANSPORT AND DISPOSAL . Section 12.1 General (a) The Contractor shall provide Transportation from the Transfer Station to the Disposal Site for all Acceptable Waste delivered to the Transfer Station. The Contractor shall supply, operate, maintain, repair and replace the Transportation Facilities (including but not limited to Trailers, chassis, and rolling stock, or other means of conveyance) as necessary to ensure sealed and litter-free Transportation of the waste to the Disposal Site. The Contractor's responsibilities under Service Component II are described in detail in Exhibit B. (b) The Contractor shall provide capacity at the Disposal Site for all Acceptable Waste delivered to the Transfer Station and shall provide for the use of all necessary facilities at the Disposal Site. The Disposal Site shall be operated, maintained and closed according to Applicable Law, the terms of the Agreement, and the description of the Contractor's disposal services set forth in Exhibit B. (c) The Contractor shall own, operate and/or lease facilities necessary to perform its Transport and Disposal obligations under the Agreement. (d) The Contractor shall maintain a closure and post-closure trust fund or alternative funding mechanism for the Disposal Site in accordance with its operating . City of Port Angeles 56 April 5, 2005 . . . permit issued and administered by appropriate regulatory bodies, if required therein, and shall be responsible for all closure and post-closure costs relating to the Disposal Site. (e) To the extent that an arrangement to integrate Transport and Disposal Site services with additional jurisdictions or solid waste generators is or becomes available, any resulting revision to the Service Fees and Term of the Agreement shall be mutually agreed upon in accordance with Section 2.12. The City may enter into Interlocal Agreements with additional jurisdictions to the extent required by law to facilitate the integration of Transport and Disposal Site services. Section 12.2 Disposal Site Capacity The Contractor shall provide capacity at the Disposal Site sufficient for the disposal of all Acceptable Waste delivered to the Transfer Station for the full twenty (20) year Term of the Agreement, unless and until the Agreement is terminated prior to the end of such Term. Section 12.3 Trailers The Contractor shall supply and maintain at all times throughout the term of the Agreement a sufficient number of Trailers to accommodate the Transport of all Acceptable Waste delivered to the Transfer Station to the Disposal Site in accordance with the Agreement. This requirement shall include a sufficient number of Trailers for loading at the Transfer Station, storage of loaded Trailers, and shipment of the Trailers to and from the Disposal Site. SECTION 13 SERVICE COMPONENT III BLUE MOUNTAIN OPERATIONS Section 13.1 General (a) The Contractor shall be solely responsible for the operation of the Drop Box Facility located at 1024 Blue Mountain Road, Port Angeles, Washington in accordance with the Agreement. (b) The Contractor shall be responsible for acceptance and handling of all Acceptable Wastes delivered to the Drop Box Facility in accordance with Exhibit B. (c) The Contractor shall provide each and every Drop Box Facility Commercial Hauler and Customer a serialized receipt for Disposal Charges at the Drop Box Facility, with copies retained by the Contractor in accordance with the Agreement, in order that the City may accomplish an audit of the transactions. Within ten (10) days following the end of each month, the Contractor shall provide the City's Authorized Representative a written list and electronic copy (in a format to be specified by the City's City of Port Angeles 57 Apnl 5, 2005 Authorized Representative) of all serialized receipts and Disposal Charges collected by . the Contractor from Customers using the Drop Box Facility for the previous month accompanied by Contractor payment to the City in the full amount of said Disposal Charges. Each serialized receipt shall include the date of service, Customer arrival time, net weight, waste type and Disposal Charge. All Customer Disposal Charges collected by the Contractor at the Drop Box Facility shall be the property of the City. In the event that Contractor payment of such fees is made after 5:00 P.M. on the date due, the Contractor shall pay a late payment charge of the greater of (i) $100 or (ii) simple interest at twelve percent (12%) annual percentage rate of the total amount past due. City acceptance of any payment shall not be construed as an accord that the amount paid is the correct amount, nor shall such acceptance be construed as a release of any claim the City may have for additional sums payable under this Section. The Contractor shall comply with the cash handling procedures in accordance with Exhibit A. Any Contractor accounts receivable for Disposal Charges at the Drop Box Facility shall be the Contractor's responsibility to collect and the Contractor shall remit full payment to the City for such accounts receivable. Section 13.2 Repair of the Drop Box Facility The Contractor shall maintain the Drop Box Facility in conformance with industry standards and in accordance with (i) Exhibit B, and (ii) Applicable Law. The City may . require the Contractor, at the Contractor's sole expense, to replace or repair any Normal Wear and Tear or Facility Damages that the City reasonably believes does not comply with the Agreement. SECTION 14 SERVICE COMPNENT OPERATIONS IV RECYCLING Section 14.1 General (a) The Contractor shall be solely responsible for the collection, processing and marketing of Recyclable Materials within the City in accordance with the Agreement, as set forth in Exhibit B. (b) The Contractor shall be solely responsible for providing and maintaining collection containers for Recyclable Materials and collection carts for Yard Debris in accordance with the Agreement. (c) The Contractor shall be solely responsible for collection and processing of Recyclable Materials from Drop-Off Facilities at the Transfer Station and Drop Box Facility in accordance with the Agreement. . City of Port Angeles 58 April 5, 2005 . . . Section 14.2 Vehicles , The Contractor shall supply and maintain at all times throughout the term of the Agreement a sufficient number of vehicles to accommodate the curbside collection of all Recyclable Materials and for servicing Drop-Off Facilities in accordance with the Agreement. Section 14.3 Repair of the Drop-Off Facilities The Contractor shall maintain the Drop-Off Facilities in conformance with industry standards and in accordance with (i) Exhibit Band (ii) Applicable Law. The City may require the Contractor, at the Contractor's sole expense, to replace or repair any Normal Wear and Tear or Facility Damages that the City reasonably believes does not comply with the Agreement. SECTION 15 SERVICE COMPONENT V CO-COMPOSTING OPERATIONS Section 15.1 General (a) The Contractor shall be solely responsible for the operation of the Co- Composting Facility in accordance with the Agreement, as set forth in Exhibit B. (b) The Contractor shall be responsible for acceptance, handling, and processing of Compost Materials manufactured at the Co-Composting Facility, in accordance with Applicable Law. Section 15.2 Repair of the Co-Composting Facility The Contractor shall maintain the Co-Compost Facility in conformance with industry standards and in accordance with (ii) Exhibit Band (iii) Applicable Law. The City may require the Contractor, at the Contractor's sole expense, to replace or repair any Normal Wear and Tear or Facility Damages that the City reasonably believes does not comply with the Agreement. SECTION 16 SERVICE COMPONENT VI MODERATE-RISK WASTE FACILITY/OPERATIONS Section 16.1 General (a) The Contractor shall design and construct the Moderate-Risk Waste Facility and shall be solely responsible for the design, development, construction, and financing of the Moderate-Risk Waste Facility in accordance with the Agreement. The Contractor shall construct the Moderate-Risk Waste Facility on City Property at 3501 City of Port Angeles 59 April 5, 2005 West 18th Street, Port Angeles, Washington in accordance with the Agreement. . (b) The City is the sole owner of the Moderate-Risk Waste Facility and the Appurtenances. The Contractor has and shall have no property rights in the Moderate- Risk Waste Facility and the Appurtenances. (c) The Contractor shall be responsible for acceptance, proper handling, transport and disposal of all Acceptable Moderate-Risk Waste delivered to the Moderate-Risk Waste Facility, in accordance with Applicable Law, the Waste Acceptance Policy, and all other provisions of the Agreement. (d) The Contractor shall be responsible for payment of all charges at the Disposal Site. Section 16.2 Disposal Site Capacity The Contractor shall provide capacity at the Disposal Site sufficient for the disposal of all Acceptable Moderate-Risk Wastes delivered to the Moderate-Risk Waste Facility for the full twenty (20) year Term of the Agreement, unless and until the Agreement is terminated prior to the end of such Term. Section 16.3 Repair and Replacement of the Moderate-Risk Waste Facility . The Contractor shall maintain the Moderate-Risk Waste Facility in conformance with industry standards and in accordance with (i) Exhibit S, and (ii) Applicable Law. The City may require the Contractor, at the Contractor's sole expense, to replace or repair any Facility Damages that the City reasonably believes does not comply with the Agreement. Section 16.4 Restoration of the Moderate-Risk Waste Facility The Parties intend and agree that upon termination of the Agreement the Moderate-Risk Waste Facility shall in all respects comply with the requirements of Section 2.17 of the Agreement and that the Contractor shall, at its sole expense, restore and remediate the Moderate-Risk Waste Facility as required to comply with the Agreement, Normal Wear and Tear excepted. Section 16.5 Financing The Contractor shall be solely responsible for obtaining financing for development and construction of the Moderate-Risk Waste Facility. No such financing shall in any way pledge or be deemed to pledge the credit or the taxing power of the City, the State of Washington or any other subdivision or municipal corporation thereof. The City shall make available to potential lenders information about the . City of Port Angeles 60 Apnl 5, 2005 . Agreement and solid waste operations in the City. The City shall have no other obligations ~ith respect to any financing for the Moderate-Risk Waste Facility. Section 16.6 Contractor Use of Facility The Contractor shall not use or operate the Moderate-Risk Waste Facility except as specifically provided in the Agreement. DIVISION III PAYMENT PROVISIONS SECTION 17 DISPOSAL CHARGES AND SERVICE FEES Section 17.1 Disposal Charges to be Collected . (a) The City may charge and collect from Commercial Haulers and Customers a Disposal Charge including a minimum charge or a charge for each ton (or other unit of measure as the City may deem appropriate) or portion thereof of Acceptable Waste delivered to the Contractor at the Transfer Station in accordance with the Agreement. Disposal Charges shall be based on Tip Fees. (b) The Contractor shall charge and collect from Commercial Haulers and Customers a Disposal Charge based on Tip Fees established by the City including a minimum charge or a charge for each ton or portion thereof of Acceptable Waste (excluding Yard Waste, Biosolids, White Goods, Recyclable Materials, Acceptable Special Waste, and Acceptable Moderate-Risk Waste) that is delivered to the Contractor at the Blue Mountain Drop Box Facility. (c) The Tip Fees established in accordance with this Section shall provide for but not be limited to (i) the Service Fee payments made to the Contractor, (ii) the cost of activities identified in the Clallam County Comprehensive Solid Waste Management Plan, and (iii) State and local taxes. These Tip Fees shall be determined and adjusted by the City in its sole discretion (acting in accordance with the Interlocal Agreement). The City may set Tip Fees at various amounts and in such units as the City deems appropriate based on different types of Acceptable Waste, differences among the Commercial Haulers or Customers delivering that waste, differences between the facilities receiving that waste or for any other reason permitted by law. In the event the City elects to adjust the Tip Fee, the Contractor shall implement the new Tip Fee under Service Component III in accordance with the City's reasonable instructions after the Contractor receives notice from the City's Authorized Representative to do so in accordance with Section 2.10. . (d) City payment of Service Fees to the Contractor shall be based on weight tickets issued by the City at the Transfer Station, unless otherwise specified in Exhibit B or approved by the City's Authorized Representative. City of Port Angeles 61 April 5, 2005 Section 17.2 Adjustment of Service Fees . Unit prices included in Exhibit A of this Service Agreement shall be adjusted for CPI and FPI as follows: (a) The unit prices included in Exhibit A of this Service Agreement that are only subject to an adjustment for CPI shall be adjusted by the City annually effective January 1 of each year following the Commercial Operations Date utilizing the following formula: AF where: AF F CPlx CPIQ4 z = F x Z x ((CPlx I CPlo4) -1) = Adjustment to the Unit Price for year x. = Unit price stated in 2004 dollars, as set forth in Exhibit A. = CPI for year x, where x = the year in which the adjustment will take place. For example, x = the annual CPI from January 2005 through December 2005 that will become the annual CPI adjustment effective on January 1, 2006. CPlx will be determined by the City in accordance with the United States Department of Labor Bureau of labor Statistics for the West Urban Area. . = The annual CPI for year 2004 from January 2004 through December 2004. CPlo4 will be determined by the City in accordance with the United States Department of Labor Bureau of Labor Statistics for the West Urban Area. = Annual Unit Price Adjustment Factor for CPI for each Service Component, expressed in percentage, as set forth in the Exhibit A. The Contractor will be paid its Service Fees that are subject to an adjustment under this Section monthly (with an allowance of 30 days from the last day of the preceding month before payment is received). Fixed Monthly Fees under Service Components I and VI are not subject to an adjustment under this Section. The Contractor may submit a modification request to the City in accordance with Section 2.15 for (i) changes in law that substantially impact the Contractor's obligations under the Agreement and (ii) increases in the rates of taxes, fees or surcharges that the Contractor is obligated to pay pursuant to the Service Agreement. . City of Port Angeles April 5, 2005 62 . (b) ,The unit prices included in Exhibit A of this Service Agreement that are subject to an adjustment for CPI and FPI shall be adjusted by the City annually effective January 1 of each year following the Commercial Operations Date utilizing the following formula: AF = (F x W x Z x ((CPlx I CPI04) -1)) + (F x X x Yx ((FPlx I FPI04) -1)) Where in addition to the terms defined in 17.2(a): FPlx FPI04 . W x Z = FPI for year x, where x = the year in which the adjustment will take place. For example, x = the average FPI from January 2005 through December 2005 that will become the annual FPI adjustment effective on January 1, 2006. FPlx will be determined by the City in accordance with the United States Department of Energy Weekly Retail On-Highway Diesel Price Statistics for the West Coast. = FPI for year 2004 including the average FPI from January 2004 through December 2004. FPI04 will be determined by the City in accordance with the United States Department of Energy Weekly Retail On-Highway Diesel Price Statistics for the West Coast. = The percentage of the unit price that is subject to the annual unit price adjustment for CPI, as set forth in Exhibit A. = The percentage of the unit price that is subject to the annual unit price adjustment for FPI, as set forth in Exhibit A. = Annual Unit Price Adjustment Factor for FPI for each Service Component, expressed in percentage, as set forth in the Exhibit A. Service Components II and IV are subject to an adjustment under this Section, as set forth in the Exhibit A. Section 17.3 Adjustment of Liquidated Damages Liquidated damages included in Section 7.5 of the Agreement shall be adjusted by the City annually on January 1 of each year following the Commercial Operations Date utilizing the following formula: AD = . where: D x (1 + (((CPlx I CPI04) -1) x 80%)) CIty of Port Angeles 63 April 5, 2005 AD = Adjusted Liquidated Damages. . D = ,Liquidated Damages amount specified in Section 7.5 stated in 2004 dollars. Section 17.4 Service Component I Service Fee (a) Commencing on the first day of the month following the Commercial Operations Date, the City shall pay the Contractor the Transfer Station Service Fee in accordance with this Section, as long as the Contractor is providing the services in accordance with the requirements of the Agreement; provided, however, that in the event of a dispute under the Agreement relating to such Fees, including an administrative hearing under Section 7 or 8, the City shall pay any undisputed amounts to the Contractor in accordance with the payment terms under the Agreement. Disputed amounts resolved in the Contractor's favor shall be paid immediately upon resolution, and shall include a finance charge in the amount of six percent (6%) per annum covering the period from the original due date of such Fees through the date of payment upon such resolution. (b) The Contractor's Transfer Station Service Fee will provide for monthly payment to the Contractor in accordance with Exhibit A, which Service Fee shall be adjusted annually as provided in Section 17.2. The Transfer Station Service Fee will . consist of the following: · A fixed monthly fee for capital, financing, equipment and other fixed costs. The fixed monthly fee shall be modified in accordance with Section 2.15 if there is a difference between the Contractor's as-built site plan specified in Section 1.7.7 of the Performance Specifications and the City approved site plan and shall based on the Contractor's unit prices in accordance with the Technical and Cost Proposal. The fixed monthly fee shall be modified in accordance with Section 2.15 if there is a difference in cost between the City approved design and construction documents for the card reader system and the card reader system allowance in accordance with the Technical and Cost Proposal. This fee shall not be adjusted in accordance with Section 17.2. · A monthly fee for operation of the Transfer Station based on the actual tons of Acceptable Waste (excluding Yard Waste, Biosolids, White Goods, Recyclable Materials, Acceptable HHW, and Acceptable Moderate-Risk Waste) received by the Contractor at the Transfer Station. The Contractor shall be compensated according to the unit prices for the various tonnage ranges shown in Exhibit A. . The monthly fee for operation of the Transfer Station shall not include any Acceptable Waste (excluding Yard Waste, Biosolids, White Goods, Recyclable Materials, Acceptable HHW, and Acceptable Moderate-Risk . City of Port Angeles 64 April 5, 2005 Waste) received by the Contractor on the annual benefit dump day, limited to the Facility's capacity which shall be determined at the Contractor's discretion. There shall be no reduction to the fixed monthly fee under Service Component I on account of the annual benefit dump day. . . In the event the City or Clallam County retains a portion or all of the used motor oil and the Contractor's cost to provide HHW service changes, the Parties agree to negotiate mutually acceptable terms and conditions in accordance with Section 2.15. The Contractor's monthly Transfer Station Service Fee shall be calculated as follows: MSF, = FMF + AVF1 x (Actual tons up through 45,000 tons during a calendar year) + AVF2 x (Actual tons from 45,001 to 60,000 tons during a calendar year) + AVF3x (Actual tons over 60,000 tons during a calendar year) where: MSF, = FMF = . AVF1 = AVF2 = AVF3 = Tons = Total Monthly Service Fee for Service Component I. Fixed Monthly Fee for the Transfer Station. Adjusted unit price per ton for the first 45,000 tons during a calendar year. Adjusted unit price per ton for 45,001 to 60,000 tons during a calendar year. Adjusted unit price per ton for over 60,000 tons during a calendar year. Monthly tons received and handled. NOTE: Tonnage shall be rounded up to the nearest ton. Section 17.5 Service Component II Service Fee (a) Commencing on the first day of the month following the Commercial Operations Date, the City shall pay the Contractor the Transport and Disposal Service Fee in accordance with this Section, as long as Contractor performs such services in accordance with the Agreement; provided, however, that in the event of a dispute under the Agreement relating to such Fees, including an administrative hearing under Section 7 or 8, the City shall pay any undisputed amounts to the Contractor in accordance with the payment terms under the Agreement. Disputed amounts resolved in the Contractor's favor shall be paid immediately upon resolution, and shall include a finance charge in the amount of six percent (6%) per annum covering the period from the original due date of such Fees through the date of payment upon such resolution. . (b) The Contractor's Transport and Disposal Service Fee will provide for City of Port Angeles 65 April 5. 2005 monthly payment to the Contractor for all Transport and Disposal services rendered in . accordance with Exhibit A, which Service Fee shall be adjusted annually as provided in Section 17.2. The Transport and Disposal Service Fee will consist of the following: · A monthly fee per ton of Acceptable Waste (excluding Yard Waste, Biosolids, White Goods, Recyclable Materials, Acceptable Household Hazardous Waste, Acceptable Special Waste, and Acceptable Moderate-Risk Waste) Transported from the Facilities to the Disposal Site in accordance with the Agreement. . A monthly fee per ton of Acceptable Waste (excluding Yard Waste, Biosolids, White Goods, Recyclable Materials, Acceptable Household Hazardous Waste, Acceptable Special Waste, and Acceptable Moderate-Risk Waste) Disposed at the Disposal Site in accordance with the Agreement. . A monthly fee based on the actual amount of each type of Acceptable Special Waste Transported and Disposed of by the Contractor times the Contractor's unit prices for the type of Acceptable Special Waste transported and disposed of, as shown in Exhibit A. . There shall be no reduction to the monthly fees under Service Component \I on account of the annual benefit dump day. The Contractor's monthly Component II Transport and Disposal Service Fee shall be . calculated as follows: MSFn= + ATF1 x (Actual tons up through 45,000 tons during a calendar year) + A TF2 x (Actual tons from 45,001 to 60,000 tons during a calendar year) + A TF3 x (Actual tons over 60,000 tons during a calendar year) + ADF1 x (Actual tons) + (sum of ASWFN x USWN) where: MSFII = ATF1 = ATF2 = ATF3 = ADF1 = ASWFN = USWN = Total Monthly Service Fee for Service Component II. Adjusted unit price per ton for transport of the first 45,000 tons during a calendar year. Adjusted unit price per ton for transport of 45,001 to 60,000 tons during a calendar year. Adjusted unit price per ton for transport of over 60,000 tons during a calendar year. Adjusted unit price per ton for disposal. Adjusted unit price specified in Exhibit A for Acceptable Special Waste type "N". . Actual monthly tons of Acceptable Special City of Port Angeles April 5, 2005 66 . . . j Tons Waste type "N" received, handled, transported and disposed. Monthly tons transported and disposed. = NOTE: Acceptable Special Waste unit prices may differ for different types of waste. Section 17.6 Service Component III Service Fee (a) Commencing on the first day of the month following the Commercial Operations Date, the City shall pay the Contractor the Blue Mountain Drop Box Operations Service Fee in accordance with this Section as long as Contractor performs such services in accordance with the requirements of the Agreement. (b) The Contractor's Blue Mountain Drop Box Operations Service Fee will provide for monthly payment to the Contractor for all such services rendered in accordance with Exhibit A, which Service Fee shall be adjusted annually as provided in Section 17.2. The Blue Mountain Drop Box Operations Service Fee will consist of the following: . A monthly fee per ton of Acceptable Waste including Mixed MSW (excluding Biosolids, White Goods, Recyclable Materials under Service Component IV,) received for operation of the Drop Box Facility. . In the event the City or Clallam County retains a portion or all of the used motor oil and the Contractor's cost to provide HHW service changes, the Parties agree to negotiate mutually acceptable terms and conditions in accordance with Section 2.15. The Contractor's monthly Blue Mountain Drop Box Operations Service Fee shall be calculated as follows: MSFIII = (ADFT x Tons) where: MSFIII Monthly Service Fee for Service Component III. Adjusted unit price per ton. Monthly tons received at the Blue Mountain Drop Box Facility and transported to the Transfer Station. = ADFT Tons = = Section 17.7 Service Component IV Service Fee (a) Commencing on the first day of the month following the Commercial Operations Date, the City shall pay the Contractor the Recycling Collection and City of Port Angeles 67 April 5, 2005 Processing Service Fee in accordance with this Section, as long as Contractor performs . such services in accordance with the requirements of the Agreement. (b) The Contractor's Recyclable Collection and Processing Service Fee will provide for monthly payment to the Contractor for all such services rendered in accordance with Exhibit A, which Service Fee shall be adjusted annually as provided in Section 17.2. The Recyclable Collection and Processing Service Fee will consist of the sum of the following: · A monthly fee for curbside collection, processing, transportation, marketing and sales of Recyclable Materials based on the actual number of containers delivered by the Contractor to Customers within the City. · A monthly fee for curbside collection and processing of Yard Waste based on the actual number of carts delivered by the Contractor to Customers within the City. · A monthly fee for curbside collection, processing, transportation, marketing and sales of cardboard based on the actual number of containers delivered by the Contractor to Customers within the City. · A monthly fee for collection, processing, transportation, marketing and sales of Recyclable Materials collected from specified City and School District facilities. · A monthly fee for collection, processing, transportation, marketing and sales of . Recyclable Materials received from Customers at the Transfer Station Drop-Off Facility. · A monthly fee for collection, processing, transportation, marketing and sales of Recyclable Materials received from Customers at the Blue Mountain Drop-Off Facility. The Contractor's monthly Component IV Recyclable Collection and Processing Service Fee shall be calculated as follows: MSFlv = (ARF1 x RC1) + (ARF2 x RC2) + (ARF3 x RC3) + (ARF4 x RC4) +ARFs +ARFa where: MSF1v = ARF1 = RC1 = ARF2 = RC2 = Total Monthly Service Fee for Service Component IV. Adjusted unit price for curbside recycling. Monthly number of recycling containers delivered to Customers. Adjusted unit price for curbside Yard Debris. Monthly number of Yard Debris containers delivered . to Customers. CIty of Port Angeles 68 Apnl 5, 2005 . ARF3 = RC3 = , ARF4 = ARFs = RC4 = ARF6 = Adjusted unit price for curbside cardboard. Monthly number of cardboard containers delivered to Customers. Adjusted unit price for City and School District facility recycling. Adjusted unit price for Transfer Station Drop-Off Facility recycling. Monthly number of containers delivered to City and School District facilities. Adjusted unit price for Blue Mountain Drop-Off Facility recycling. The unit price for curbside collection of Recyclable Materials shall be based on the actual number of recycling containers delivered to eligible Customers in accordance with the Performance Specifications. The tier 1 unit price shall be for containers provided to less than 60% of all eligible Customers and the tier 2 unit price shall be for containers provided to 60% or more of all eligible Customers. The unit price for curbside collection of Yard Waste shall be based on the actual number of recycling carts delivered to eligible Customers in accordance with the Contractor's Technical and Cost Proposal. The tier 1 unit price shall be for bi-weekly curbside collection, the tier 2 unit price shall be for monthly curbside collection. . The unit price for curbside collection of commercial cardboard shall be based on the actual number of recycling containers delivered to eligible Customers in accordance with the Performance Specifications. The tier 1 unit price shall be for containers provided to less than 60% of all eligible Customers and the tier 2 unit price shall be for containers provided to 60% or more of all eligible Customers. (c) The City reserves the right to require the Contractor to correct Service Fees if the City discovers an error in the Contractor's monthly or semi-annual report related to the number of containers and/or carts provided to eligible Customers and the Contractor is allowed a reasonable opportunity to comment on such error prior to such correction. Section 17.8 Service Component V Service Fee (a) Commencing on the first day of the month following the Commercial Operations Date, the City shall pay the Contractor the Co-Composting Operations Service Fee in accordance with this Section as long as Contractor performs such services in accordance with the requirements of the Agreement. (b) The Contractor's Co-Composting Operations Service Fee will provide for monthly payment to the Contractor for all such services rendered in accordance with Exhibit A, which Service Fee shall be adjusted annually as provided in Section 17.2. The Co-Composting Operations Service Fee will consist of the following: . City of Port Angeles 69 April5,2005 . A monthly fee per-ton of finished Class A Co-Composting Operations in accordance with the Agreement. . The Contractor's monthly Co-Composting Operations Service Fee shall be calculated as follows: MSFv= ACF x Tons where: MSFv ACF Tons = Monthly Service Fee for Service Component V. Adjusted unit price per ton. Tons of finished Class A Compost Material. = = Section 17.9 Service Component VI Service Fee (a) Commencing on the first day of the month following the Commercial Operations Date, the City shall pay the Contractor the Moderate-Risk Waste Facility Service Fee in accordance with this Section as long as the Contractor is providing the services in accordance with the requirements of the Agreement. (b) The Contractor's Moderate-Risk Waste Facility Service Fee will provide for . monthly payment to the Contractor for all services rendered in accordance with Exhibit A, which Service Fee shall be adjusted annually as provided in Section 17.2. The Moderate-Risk Waste Facility Service Fee will consist of the following: . A fixed monthly fee for capital, financing, equipment and other fixed costs. This fee shall not be adjusted in accordance with Section 17.2. . A monthly fee based on the actual amount of hours for operation of the Moderate-Risk Waste Facility times the Contractor's unit price for operations, as shown in Exhibit A. . A monthly fee based on the actual amount of each type of Acceptable Moderate-Risk Waste Transported and Disposed of by the Contractor times the Contractor's unit prices for the type of Acceptable Moderate-Risk Waste Transported and Disposed of, as shown in Exhibit A. The Contractor's monthly Moderate-Risk Waste Facility Service Fee shall be calculated as follows: MRWFv1 = FMF + MRWF1 X Hours + sum of (MRWFN X UMRWN) . City of Port Angeles 70 April 5, 2005 . . . where: MRWFv1 FMF MRWF1 MRWFN UMRWN Hours = Total Monthly Service Fee for Service Component VI. Fixed Monthly Fee for the MRWF. Adjusted unit price for operation of the Moderate-Risk Waste Facility under Service Component VI. Adjusted unit price for Acceptable MRW type = = = UN". = Actual monthly units of Acceptable MRW type UN". = Actual monthly hours of operation. NOTE: Acceptable Moderate-Risk Waste unit prices may differ for different types of waste. . , . I City of Port Angeles April 5, 2005 71 IN WITNESS WHEREOF, the Parties have caused the Agreement to be executed and delivered as of the date first set forth above. . By /G-v/t't.- () , #6!r ~ 7- Namr It ~. ~,/ Fk:J"('u,h"vc 0 elf Title . ~~ By' RIt!J-IAR-t> A, HEADRI L}( Name M~YDfL Title ATTEST: hd~J.>~ ul.)otoA 5 7 !f.,eHi J LJ prON N~~e ~;Jf ~ CitY~ , INC. 4/l1/ I dtJOS- Date -' APR-'L 5 ~OD5 Date ' ~1t;A~_TO~ By W:/fl1tU1 ~/~z?r N~r C/;ttnJ, t ^41 Ci Y At~ey 4" . . CIty of Port Angeles Apn15,2005 72 American Disposal . American Portable Storage DM Disposal DM Recyclmg Lakeside DIsposal . Murrey's Disposal Olympic Disposal Superior Refuse Removal Tacoma Recycling Vashon Island Disposal WASTE CONNECTIONS INC. Connect with the Future Northern Washington Division P.O. Box 399 . Puyallup, WA 98371-0158 (253) 414-0345 . Fax (253) 582-9561 April 5, 2005 Mr. Glenn Cutler Public Works and Utilities Director City of Port Angeles P. O. Box 1150 Port Angeles, W A 98362 Re: Request for Proposal: Solid Waste Processing Facility Development and Management Services Dear Mr. Cutter, \ Thank you for providing Waste Connections of Washington, Inc., the opportunity to submit this proposal. . Waste Connections of Washington operates as a local company. We take pride in the fact that we.are truly connected to the communities we serve. The local companies that make up the WCWI team are established members of the region and claim the same roots in the Puget Sound area as the City of Port Angel~s. At the same time we are part of a thriving national organization with deep resources that equip us to meet any challenge. We gladly offer you oJr support: services, experience, equipment... whatever is needed and appropriate t9 help the City meet its solid waste management goals. WCWI has assembled a team with a base of knowledge and experience unrivaled in the solid waste industry. We are committed to putting our knowledge and experience to work to support the City of Port Angeles in developing a state-of-the-art solid waste system that will serve your citizens for the next decade and beyond. . Per my conversation with Mr. Larry Dunbar, RFP Project Manager for the City of Port Angeles, we have enclosed our fully executed bid bond and Form 5.4, signed and dated as discussed. Again, thank you for giving WCWI the opportunity to submit this proposal. We would consider it a privilege to be part of/the City of Port Angeles' future. If you should have any questions, please contact me at (253) 414-0349 or by email at eddiew@wcnx.org. SIt:P~ . Edward L. Westmoreland Division Vice President City of Port Angeles . TABLE OF CONTENTS 4.6 COMPONENT 1- TRANSFER STATION DEVELOPMENT...........................................4.6-1 . 4.6.1 INTRODUCTION.................... ............................................................................. .4.6-1 4.6.2 COMPONENT I (TRANSFER STATION DEVELOPMENT) .................................4.6-1 4.6.2.1 Estimates of Wastes.................................................................................. .4.6-2 4.6.2.2 Description of the Contingency Plan......................................................... ..4.6-2 4.6.2.3 Description of Separate Handling and Storage Facilities for Yard Waste and Co-composting Products.................................................................... .4.6-2 4.6.2.4 Description of Separate Public Drop-off Facilities for Recyclables ..............4.6-2 4.6.2.5 Description of Public Drop-off Facilities for Tires, White Goods, and HHW.4.6-2 4.6.2.6 Descriptions of Facilities for Separate Handling of Special Wastes.............4.6-3 4.6.2.7 Description of Waste Screening Plan ................................... .................... ..4.6-3 4.6.2.8 Processing Facility Conceptual Design Plans........................ .................... .4.6-4 4.6.2.9 Description of the Proposer's Approach to the Operations Plan ...............4.6-13 4.6.2.10 Description of the Proposer's Approach to the Contingency Plan ...........4.6-14 4.6.2.11 Description of How the Overall Technical and Cost Proposal is Consistent with the Goals and Policies in the County's SWMP ..............4.6-14 4.6.3 PERSONNEL TRANSITION PLAN .................................................................. ..4.6-15 4.6.3.1 City Employee Retention Plan ..................................................................4.6-15 4.6.3.2 Communication Plan for City Employees............................................ ..... .4.6-16 4.6.3.3 Summary of the Proposer's Human Resource Benefits ............................4.6-16 4.6.4 PROPOSED EXCEPTIONS (deleted) 4.6.5 PROPOSED SCHEDULE................................................................................. .4.6-18 4.7 COMPONENT 11- WASTE TRANSPORT AND DISPOSAL ..........................................4.7-1 4.7.1 TECHNICAL AND COST PROPOSAL REQUIREMENTS....................................4.7-1 4.7.2 COMPONENT II (WASTE TRANSPORT AND DISPOSAL) .................................4.7-1 4.7.2.1 Disposal Site............................................................................................. .4.7-1 4.7.2.2 Transportation........................................................................................... .4.7-3 4.7.2.3 Integrate Additional Waste Streams........ ....................................................4. 7-7 4.7.2.4 Contingency Plans.....................................................................................4. 7-7 4.8 COMPONENT 111- BLUE MOUNTAIN DROP-BOX OPERATIONS...............................4.8-1 4.8.1 TECHNICAL AND COST PROPOSAL REQUIREMENTS....................................4.8-1 4.8.2 COMPONENT III (BLUE MOUNTAIN DROP-BOX OPERATIONS)......................4.8-1 4.8.2.1 Description of the Proposer's Approach to the Operations Plan .................4.8-1 4.8.2.2 Description of Proposer's Approach to the Contingency Plan .....................4.8-4 4.8.3 Operate Existing Blue Mountain Facility ...............................................................4.8-4 4.9 COMPONENT IV - RECYCLABLE COLLECTION AND PROCESSING........................4.9-1 . 4.9.1 TECHNICAL AND COST PROPOSAL REQUIREMENTS....................................4.9-1 4.9.2 COMPONENT IV (RECYCLABLE COLLECTION AND PROCESSING) ..............4.9-1 April 5, 2005 Waste ConnectlOns of .h. Washington, Inc. "'."" City of Port Angeles 4.9.2.1 Description of the Proposer's Approach to the Operations Plan .................4.9-1 . 4.9.2.2 Description of the Proposer's Approach to the Contingency Plans .............4.9-5 4.10 COMPONENT V - CO-COMPOSTING OPERATIONS..............................................4.1 0-1 4.10.1 TECHNICAL AND COST PROPOSAL REQUIREMENTS................................4.10-1 4.10.2 APPROACH TO OPERATIONS PLAN.............................................................4.10-1 4.10.2.1 Management and Staffing...................................................................... .4.10-2 4.10.2.2 Proposed' Equipment............................................................................. .4.10-2 4.10.2.3 Facility Operations................................................................................. .4.10-2 4.10.2.4 Storage and Space Requirements ..........................................................4.10-5 4.10.2.5 Approach to Contingency Plans.............................................................. 4.10-5 4.11 COMPONENT VII - MRWF DEVELOPMENT ............................................................4.11-1 4.11.1 TECHNICAL AND COST PROPOSAL REQUIREMENTS................................4.11-1 4.11.2 APPROACH TO OPERATIONS PLAN.............................................................4.11-1 4.11 .2.1 Management Oversight and Staffing...................................................... .4.11-1 4.11.2.2 Facility Layout....................................................................................... .4.11-2 4.11 .2.3 Operational Requirements...................................................................... 4.11-2 4.11.2.4 Health and Safety Plan ............... ................. .........................................4.11-3 4.11.2.5 Transportation and Dlsposal...................................................................4.11-4 4.11.2.6 Contingency Plan................................................................................... 4.11-4 5.0 PROPOSAL FORMS................................. ................................................................ Tab 5.0 . 6.0 QUALI FICA TIONS ................................ ......................................................................... 6.1-1 6.1 GENERAL INFORMATION ABOUT PROPOSED FIRM ................................................6.1-1 6.2 PROPOSER'S SOLID WASTE TRANSFER STATION EXPERIENCE ..........................6.2-1 Hidden Valley Transfer Station......... .................... ........................................................6.2-1 Wichita Transfer Station................................................................................................. 6.2-2 West Vancouver Material Recovery Facility................................................................... 6.2-3 6.3 PROPOSER'S SOLID WASTE LONG-HAUL TRANSPORT AND DISPOSAL EXPERI ENCE................................................................................................................ 6.3-1 Finley Buttes Regional Landfill- Boardman, OR ...........................................................6.3-1 Wasco County Landfill - The Dalles, OR ....................................................................... 6.3-1 6.4 PROPOSER'S RECYCLABLE MATERIALS COLLECTION AND PROCESSING EXPERI ENCE................................................................................................................ 6.4-1 Location Of Recycling Experience................................................................................. 6.4-1 Name Of Facility And Ownership Information................................................................. 6.4-1 . Description Of Recycling Materials Processed, including Quantity and Type .................6.4-1 April 5, 2005 Waste ConnectIOns of .~~I. Washington, Inc. '" ", 11 . . . City of Port Angeles Years Of Operation........................................................................................................ 6.4-1 Market For Disposition Of Recyclable Materials............................................................. 6.4-1 6.5 PROPOSER'S CO-COMPOSTING EXPERI ENCE ........... ......... ....................... .............6.5-1 LRI Compost Factory..................................................................................................... 6.5-1 6.6 PROPOSER'S POST-CLOSURE LANDFILL EXPERIENCE Section reserved. Services not included in negotiated scope of work. 6.7 PROPOSER'S MRWF EXPERI ENCE........................................ ..................... ...............6.7-1 Clark County, Washington............................................................. ................................6.7-1 Wasco, Sherman, And Hood River Counties, Oregon.................................................... 6.7-1 Pierce County, Washington..................... ...................................................................... .6.7-1 6.8 RESUMES OF KEY OFFICERS AND PROJECT TEAM LEADERS .............................6.8-1 6.9 ORGAN IZA TION CHART... ................... ............................ ........... ............ .....................6.9-1 6.10 FI NANCIAL QUALIFiCATIONS..... ........................... .............. ...................................6.10.1 7.0 TECHNICAL AND COST PROPOSAL FORMS .........................................................Tab 7.0 April 5, 2005 Waste Connections of .h. Washington, Inc. "".' 111 4 0 Techmcal & Cost Proposals - ------~----- ------------------ -- -~---- --- 4 6 Camp I ~3' City of Port Angeles . 4.6 COMPONENT 1- TRANSFER STATION DEVELOPMENT 4.6.1 INTRODUCTION Section 4.6 describes Waste Connections of Washington, Inc.'s (WCWn proposed approach for processing facility development and operation. A significant portion of costs in this component is the design and constructIOn of the transfer station facility. WCWI will staff the operation with the existing five (5) City of Port Angeles personnel, who will be WCWI employees with full benefits. Operating expenses will occur in the normal course of business as described below. WCWI will also properly bond and insure the project and operations as required. See also Cost Proposal Forms 7.IA, 7.1B, and 7.1C. This section includes ten drawings (attached at the end of this section) and detailed text describing the proposed facility. The drawings and text are complementary and should be viewed alongside one another to allow a more complete understanding ofWCWI's proposal. The drawings include: Site Transfer Station Site Plan PI Transfer Building Floor Plan P2 Transfer Building Exterior Elevations-l P3 Transfer Building Exterior Elevations-2 P4 Staff Facilities Plan & Elevations P5 Scalehouse Plan & Elevations . P6 Moderate Risk Waste (MRW) Facility P7 Electrical One-Line Diagram P8 Site Utilities P9 Roadways & Paving For this proposal, the following names have been assigned for the onsite roadways: West Road: the existing north-south road running along the west edge of the site from the entrance road to the co-composting building. In the future, it will be extended to access the water treatment plant and the transfer building. East Road: a new road running north-south along the east side of the transfer station development area, allowing vehicles to exit from the transfer building. Cross Road: the existing east-west gravel road separating the landfill from the transfer station development area will be paved to serve as an exit road from the transfer buildmg and an access road to both the MRWF and the metals/hazardous/recycle (MHR) area. 4.6.2 COMPONENT I (TRANSFER STATION DEVELOPMENT) WCWI hereby incorporates by reference all requirements as set forth in the transfer station performance specifications contained in Appendix B.l of the RFP. . 4.6-1 Waste Connections of ..h.. Washington, Inc. "11II\.' April 5, 2005 City of Port Angeles . 4.6.2.1 Estimates of Wastes WCWI reviewed the waste tonnage estimates and yearly projections provided in Appendix F of the RFP. WCWI concurs with the projections and has therefore utilized Appendix F information as the basis for our proposed pricing and in the development of other aspects of proposed site and operations. 4.6.2.2 Description of the Contingency Plan In the event that the City decides that the active landfill can no longer accept waste, and waste disposal at the landfill is halted prior to complete construction of the transfer station, a contingency plan would be implemented to enable waste to be transported and disposed off-site. The plan would use existing site infrastructure, including the Z-wall, to accomplish waste transfer and off-site transport and disposal. Details of the plan depend greatly on how far along construction of the transfer station is when t)1e landfill closes. Options to minimize traffic problems include restricting the hours and days for both self-haulers and commercial haulers (to minimize overlap) and the use of additional spotters to direct traffic. Depending on construction progress, it may be possible to send small numbers of haulers to the partially- finished transfer building to unload directly into open-top trailers/containers. The Z-wall may be modified to allow packer trucks to tip on the ground and a loader push the waste into the trailers. 4.6.2.3 Description of Separate Handling and Storage Facilities for Yard Waste and Co- composting Products . WCWI proposes to utilize the existing co-compo sting facility without significant modification. An asphalt-paved yard waste staging area will be constructed east of the existing facility to better facilitate vehicle unloading and yard waste staging (see drawing P9). Self-haulers and commercial haulers will unload yard waste onto the paved receiving area. A rubber-tire loader will move yard waste either to a shredder or directly into the composting bays. Biosolids are received directly in one of the co-compo sting storage bays. 4.6.2.4 Description of Separate Public Drop-off Facilities for Recyclables As shown on the Site Plan, self-haul recyclers wIll drop off their recyclable materials at a vehicle turnout area on the right-hand side of West Road (the main road), north of the scale plaza. This is a flat, paved area with rolloff containers for at least the nine types of recyclables required by the RFP (three colors of glass, steel cans, aluminum, newspaper, cardboard, and two types of plastic). For space efficiency, some containers will handle more than one material, since the recyclables will be sorted later at a materials recovery facilIty. In the future, containers for addItional recyclable materials may be added in response to changing market conditions. For safety, vehicles maneuvering in the recycle area are isolated from the main traffic waiting at the inbound scales. Parking space is provided for vehicles during unloading. Because self-haulers unload their recyclables prior to crossing the scales, they are not charged for recycling and their recyclables are not weighed. However, an accumulated total of self-hauler recycling is obtained when containers of self- hauled recyclables are weighed on the commercial scale as they are shipped to market. 4.6.2.5 Description of Public Drop-off Facilities for Tires, White Goods, and HHW . The metals/hazardous/recycle (MHR) area will receive tires, white goods, and HHW. This 10,000 sq ft asphalt-paved area is located on the south side of Cross Way (see Site Plan). Self-haulers weigh in on the lane 3 scale and then turn left (east) onto Cross Road to access the MHR area; they weigh out on the lane 4 scale. 4.6-2 Waste Connections of ..hit Washington, Inc. "'.' April 5, 2005 City of Port Angeles . Tires will be stored in uncovered bunkers formed by concrete "ecology" blocks stacked 2-3 units high on the asphalt pavement. Station staff will also retrieve tires that were mixed in with solid waste tipped in the transfer building and periodically move them to the MHR. White goods (refrigerators and other large metal appliances) are received and stored in the MHR. Freon refrigerants will be removed prior to shipment to recycling markets. Acceptable HHW (defined as used motor oil, antifreeze, and automobile batteries) will be received in the MHR area. Customers will pour oil and antifreeze into double-walled (spill-contained) steel tanks. The contents will be pumped out periodically for transport to recycling markets. Car batteries will be received and stored on plastic spill-containment pallets prior to shipment to recycling markets. The MHR area has a 40 ft by 40 ft area covered by a canopy roof that provides protection from the rain for water-sensitive materials and miscellaneous operations. This canopy reduces the possibility of contaminating storm water collected from the paved MHR area. Catch basins in the MHR drain to an oil/water separator prior to discharging to the stormwater pond. The MHR is also available to receive larger quantities of recyclables brought in by commercial recyclers Depending on the type and volume of materials, these recyclables may be stored in either rolloff containers or ecology block bunkers. 4.6.2.6 Descriptions of Facilities for Separate Handling of Special Wastes . The MHR area is also available to receive Acceptable Special Wastes including contaminated soil, bulky waste (e.g. furniture), asbestos, coal ash, white goods (appliances), self-haul tires, processed wood waste, treated (e.g. creosoted or painted) timber, and dredged soils. Other materials mentioned in the RFP include televisions and computer monitors, and non-ferrous and ferrous metals other than cans. Depending on the quantity and handling characteristics, these materials will be stored on the ground, in bunkers, or in rolloff containers. Materials with a high potential for contaminating stormwater runoff will be stored under tarps or other cover. Stormwater from the paved area flows through an oil-water separator prior to discharge. Under some conditions, it would be more efficient to accept certain special wastes in the transfer building. See subsection 4.6.2.8.4 for a detailed discussion of the advantages. 4.6.2.7 Description of Waste Screening Plan WCWI will develop and implement a Waste Screening Program to prevent the disposal of hazardous or unauthorized waste at the transfer station. The program will have a written plan based on experience at other WCWI facilities. The plan will describe a systematic, ongoing program to check incoming waste loads and screen for unacceptable wastes. The Waste Screening program will identify the prohibited wastes and inspectIon procedures. Inspections will be conducted at a designated location and on a random basis. The Waste Screening Plan will identify personnel responsible for completing inspections, inspection documentation, and procedures and notifications to be followed if hazardous or unauthorized wastes are found. Scale attendants will screen waste load as they arrive at the scales by visual inspection and by asking what the load contains and where it came from. The attendant may use a mirror to verify the contents of open- top vehicles. The attendant will inform haulers and generators of prohibited wastes about their options for . disposal. 4.6-3 Waste Connections of ..hit Washington, Inc. ~+" April 5, 2005 City of Port Angeles . Three general types of material are sought in the waste screening. Suspected Asbestos Contaminated Material (SACM), Suspected Dangerous or Hazardous Waste (SDHW), and Suspected Infectious Waste (SIW). The screening process for these materials is as follows. 1. A station attendant will inquire of the driver of incoming vehicles if he or she is aware of any asbestos, fuel containers, paint containers, solvents or other material in the vehicle. The driver will also be asked if there are any large barrels or drums, or other containers commonly used to store or move dangerous or hazardous materials. If the answer to any part of the inquiry is affirmative, the attendant will contact the Lead Operator by radio. The Lead Operator will instruct where to direct the vehicle. The material must be located and removed separately from the remainder of the load. This will be accomplished by isolating the vehicle at the extreme end of the unloading area and unloading will be done carefully to ensure the waste accepted for disposal is consistent with allowable waste for the facility. Drivers will retain possession of any possible problem items and be informed by the station attendant of their options for proper disposal. 2. At the unloading area, prior to unloading, a station attendant will visually inspect the load before it is allowed to be unloaded. If any suspect material is identified, it must be unloaded separately and handled according to procedures set forth in the Operations Plan (e.g., returned to the driver). After the load is discharged, station attendants will examine the discharged load. They will look for containers with warning labels, sealed drums, leaking containers, wastes with strong and unusual odors, sludge and burning or smoldering wastes. They will be instructed to follow the safety procedures of the Operations Plan prior to closely inspecting any suspicious wastes. After the attendant approves the waste, the driver is then released to pay the fees due. . 4.6.2.8 Processing Facility Conceptual Design Plans Ten drawings have been prepared to illustrate development of the proposed solid waste facility. To obtain a more complete understanding of the proposed facility, please view these drawings in coni unction with the text of sub-section 4.6.2.8. Note that the drawings were numbered in the normal order for construction drawings; however, this does not always coincide with the order of the items requested on p. 4-4 and 4-5 of the RFP. 4.6.2.8. 1 Definition of Limits and Areas Facility development will take place within the required limits and areas shown in Figure 5 of the RFP. WCWI's Site Plan shows that the buildings, waste and recyclables areas, roadways, and parking are located within the area-development limits. 4.6.2.8.2 Topographic Conceptual Site Plan The Site Plan is a general arrangement drawing showing the proposed locations of buildings, structures, roadways, parking areas, and pavement elevations. The delineated on-site roadways will be improved to accommodate anticipated traffic volumes and vehicle types. Roadways (12-ft. lanes), parking, and maneuvering areas will be designed with pavement thicknesses and subgrade materials meeting City Standards. Important features designed into these improvements include sufficient road widths and curve radii to accommodate tractor and chassis lengths in excess of 70-ft. In general, road grades will not be steeper than 5 percent. P9 shows the off-site roadway (18th Street), as well as the existing entrance road on the north part of the site, that will be improved by the City. . Grading of the transfer station site will be compatible with the grading requirements of the water treat- ment plant and its vehicle entrance, and the existing site-entrance road after it has improved to handle the April 5, 2005 Waste Connections of .~.I~ Washington, Inc." " 4.6-4 . . . City of Port Angeles transfer station traffic. The firing range berm will not be relocated; its top and western face will remain unchanged, while grading/reshaping of the eastern face will be minor. See 4.6.2.8.4 for a discussion of transfer building's expandability to meet 100 percent of the 20-year term waste loading. The large trailer yard north of the building provides ample parking and maneuvering space for transfer trailers and containers on chassis. The Information Kiosk, an 8-foot square structure next to the self-haul doors of the transfer building, provides a convenient place for customers to obtain recycling and solid waste fact sheets. The site is subject to strong winds. Planting windbreaks and litter fences will be incorporated to control wind-blown litter on the site, as well as operational controls such as daily litter patrols. Bird wires may be used to discourage gulls from frequenting the facility. 4.6.2.8.3 Conceptual Site Utilities Plan P8 is a conceptual site utility plan showing the following utility systems including approximate sizes and materials. Connections to existing utilities will be made at the locations directed by Figure 5 of the RFP. . Potable water/fire mains - piping and hydrants. . Sanitary sewer - manholes, gravity sewers and force mains. . Storm water - piping, ditches, and oIl/water separator. . Power - conduit, transformer. . Telecommunication - conduit; future installation of cables by others. . Fiber optic - conduit; future installation of cables by others. Water: The entire transfer station site will draw its potable and fire protection water from a new 8-inch tap on the 24-inch outlet in the southeast corner of the new water treatment plant. A new 8~inch fire protection loop supplies water to hydrants around the site and fire sprinklers in the transfer building and employee facility. It will also serve yard hydrants for watering the landscaping, as well as washdown hose blbs in the MHR area and the transfer building. Potable water will be drawn from the fire loop to serve the transfer building, employee facility, scalehouse, and MRWF. Code-required backflow prevention will protect the water system from cross-contamination. Flre protection will consist of a dry-pipe water sprinkler system in the transfer building and staff facility; a dry chemical system in the MRWF; hydrants located around the site; and portable fire extinguishers. Sanitary Sewer: (See Figure 8). Plumbing fixtures in the employee facility and floor/trench drains in the transfer building will drain by gravity to a packaged lift station just south of the MRWF, as will drainage from the MRWF restroom. (MRWF lab waste and eyewash/shower waste flow to the spill containment sumps at the MRWF and do not enter the sanitary sewer system.) The lift station will pump sewage to a manhole in Cross Road, where it will combine with a force main carrying a small amount of sewage from the scalehouse lift station. From the manhole, the sewage will flow by gravity to the point of connection northeast of the water plant, as directed by Figure 5 of the RFP. It is possible that the City may desire a different POCo Alternate POC locations that have been mentioned include Pump Station #1 (near the current yard waste collectIOn area) or Pump Station #2 (near the current leachate aeration ponds). While it appears feasible to extend the transfer station sewer to either of these points, system hydraulics may preclude the use of gravity flow to the POC (as assumed in SCWI's April 5, 2005 Waste Connections of 4~~'. Washington, Inc." ", 4.6-5 City of Port Angeles . original bid proposal) and require a sewage lift station. After WCWI receives the City's final POC location, It will modify the transfer station sewer system design to meet that POC. Depending on the location and system hydraulics, this may involve a cost adjustment to compensate for a longer or larger pipeline, and the possible addition of another sewage pump. Storm Dramage: Storm drainage ditches exist on both sides of West Road, but relocating the firing range berm to build the scale plaza could disrupt their historical flow patterns. The western ditch will be regraded to direct water from the recycling area south to a culvert, under West Road, then north into the eastern ditch. This eastern ditch also receives stormwater from an oil/water separator serving paved areas around the transfer building, trailer yard, MRWF, and MHR area. It discharges to the stormwater pond in the northwest corner of the landfill site. Power: Electric power is aVaIlable in the Milwaukee Road corridor. A new transformer and electrical service will be added to serve the transfer building, employee facility, MRWF, metals/hazardous/recycle area, scale facility, and site lighting. The largest electrical load comes from the 200:!:. hp of motors on the compactor hydraulic power pack. TelecommunicatIOn: Telecommunication cable is available in the landfill office near the site entrance and will be extended to the scale house, transfer buildmg, employee facility, MRWF, and MHR area. Fiberoptics: Fiberoptic cable presently available in the landfill office will be extended to the scalehouse and employee facility. In addition, WCWI will provide two spare 2-inch conduits running between the transfer building, MRWF, recycling area, scalehouse, and compost facility, to allow the City to install its telephone, fiberoptics, and/or communications cables.] . 4.6.2.8.4 Conceptual Floor Plans Pi is the general arrangement drawing for the transfer building, a 15,000 sq. ft (lOO-ft. by 150-ft.), pre- engineered metal building. The building size was chosen to accommodate the peak arrival rate of both the commercial and self-haul public vehicles, as supported by the calculations shown below. To promote vehicle safety, it will have separate commercial and self-haul doorways and tipping areas located on opposite sides of the building. This separation also allows the wheel loader to handle waste more efficiently. The building orientation reduces the effects of prevailing wind blowing through the doors. There are two load-out chutes for waste transfer. Waste drops through the southwest chute into a pre-load compactor and is rear-loaded into an ISO shipping container on a chassis. Occasionally the compactor may be used to densify newspaper, cardboard, mixed waste paper, plastic, or metal cans. In the northeast chute, waste is top-loaded into a transfer trailer. The compactor is included in the design to maximize the payload per container (30:1: tons) and minimize vehicle trips. It is sized to handle the peak daily MSW throughput. The top-load bay would be utIlized for a variety of waste materials to suit daily operations, and as a back-up to the compactor. A fixed-base knuckleboom crane (brand name "Grizzly") will be used to tamp and reposition materials in top-loaded trailers, improve net payloads of materials, and to remove oversize materials inadvertently dropped into the trailers. Building design parameters are as follows: . · Daily waste throughput: varies from about 51,000 TPY in 2004 up to 69,000 TPY in 2026. Assuming a six-day operation (with the majority of commercial vehicles arriving in five weekdays), the daily rates will vary from 190::1: TPD in 2004 up to 260::1: TPD in 2026. · Based on data supplied in the RFP, the peak hourly arrival rate for commercial vehicles is 16 vehicles per hour (VPH), and 51 VPH for self-haul public vehicles. While these rates seem a April 5, 2005 Waste Connections of .~.,. Washington, Inc. ~ '" 4.6-6 . . . City of Port Angeles little high for the daily tonnages listed above, we have used them as the basis for our estimate of required unloading stalls and building size. . The RFP requires emergency storage capacity of two days' worth of waste within the transfer building. Using the 2026 forecast of 68,684 tons received in 52 6-day weeks, two days' storage equates to 440 tons. Tipping Stall Calculations Service time considers the time that a vehicle spends at the scale house and in an unloading stall, and is calculated as shown below; it does not include transit time as the vehicle moves around the site. Commercial Vehicles: Time at scale house Time to maneuver, unload and exit building Miscellaneous delays Service Time 2.0 minutes 8.0 minutes 1.0 minutes 11.0 minutes That is, one unloading stall can accommodate up to 60 -'- 10 = 6 VPH. For 16 VPH, 16 -;- 6 = 2.67 stalls are required. A total of 3 commercial stalls are provided (see drawing PI). Self-Haul Public Vehicles: Time at scale houselbooth Service Time 1.0 minutes 12.0 minutes Time to maneuver, unload and exit building Miscellaneous delays 1.0 minutes 14.0 minutes That is, one unloading stall can accommodate up to 60 -'- 14 = 4.3 VPH. For 51 VPH, 51 - 4.3 = 12 stalls are required. There are 8 stalls dedicated to self-haulers. Since the peak self-haul vehicle traffic occurs on weekends when there are no commercial haulers, the west doors (equivalent to 4 stalls) can also be used, thus providing the equivalent of 12 stalls. Emergency and Contingency Storage Capacity The RFP requires emergency storage capacity of two days' worth of waste ( 440 tons) be provided. This requires a floor area of about 6,290 sq ft, assuming a lO-ft high cube of waste with a density of 14 lb/cu ft. The 11 bays designated for emergency storage (see PI) have a net area of 6,390 sq ft including a deduction for the area occupied by the push walls. A 10ft high cube of waste spread over this area will weigh approximately 447 tons. Additional waste would be stored in the side slopes (about 1:1) of the cube that would form in the bays in front of some doorways. Thus, the available emergency storage exceeds the RFP requirement by at least 10 percent. With 400-plus tons on the tipping floor, commercial and self-haul public vehicles could still enter the building and unload. During normal operations, the 11 bays designated for emergency storage would also provide surge capacity for temporary storage of waste. The four bays (H-J, 1-4) on the south end of the building can be used as contingent storage of waste such as unacceptable waste that was inadvertently unloaded in the building. Stacking waste against the push walls will keep the piles from interfering with unloading vehicles and the wheeled loader. If necessary, contingent/unacceptable waste can be relocated to the MHR to avoid disrupting MSW operations. April 5, 2005 Waste Connections of 4~.'. Washington, Inc. '" ", 4.6-7 . . . City of Port Angeles In summary, the bUIlding has been adequately sized to accommodate the peak arrival rates and provide up to two days of waste storage. However, it should be understood that some queuing (waiting) prior to the scales will occur due to the random arrival of vehicles within the peak hour. By utilizing the queumg theory for multiple channels as presented in the Transportation Handbook, a 95% probability of the maximum queue length has been estimated to be negligible for commercial vehicles, and up to 10 self- haul vehicles (about 350 feet of roadway). Unlike most transfer stations, Port Angeles has the luxury of having over 2,000 ft of roadway "upstream" of the scales, making off-site queuing highly unlikely. Furthermore, having a separate outbound scale and exit road from the transfer building for commercial and self-haul vehicles also serves to minimize on-site queuing as well. Handling Special Wastes If not actively storing contingency or emergency wastes, the area "reserved" for these wastes could be used instead to temporarily store special wastes (e.g. creosoted lumber or demolition debris) that arrive during the day. These could be stockpiled against the pushwalls in the southwest corner of the building until after the MSW is cleared from the tIpping floor, when the special wastes can be top-loaded into trailers or containers using the northeast chute. This is more efficient than unloading special wastes on the pavement in the MHR area, then picking it up again to load a trailer. WCWI proposes to schedule the delivery of special wastes during off-hours when the floor is not occupied with self-haulers and packers delivering MSW. If special waste were accepted during normal station hours, the staff would ensure that MSW handling is not interrupted and. that there is no commingling of solid waste and special waste. Facility Expansion Capability The proposed layout has the flexibility to expand the building in the future, allowing more unloading stalls to be added as waste volumes and vehicle arrival rates increase. There is room to add two bays to the west wall (southwest corner) and/or add four bays to the south wall. Visitor parking could be relocated to an area west of the building and the commercial vehicle maneuvering space would be reconfigured. Bird Control Birds have historically been a problem at this site. Techniques used to discourage birds include clear plastic curtains on the doorways (also reduces wind penetration) and spike strips on horizontal beams. 4.6.2.8.5 Conceptual Building Architectural Elevations and Materials P2 and P3 present the transfer building elevations and cross sections, including the loadout areas for both the compactor and direct top-load bays. The building will be a pre-engineered steel buildmg with 100-ft. clear span rigid frames on 25-ft. centers. The roof deck and siding will be fluted steel panels colored per the City's approval. Translucent panels in the siding and roof provide day lighting to minimize the use of electric lights. Motor-operated rollup doors for self-haul and commercial vehicles provide the ability to completely close-off the building. The floors will be concrete slab-on-grade construction. Concrete retaining walls will be used at he compactor tunnel and the adjacent staff facility building. The electrical room on the trailer parking level will be constructed of concrete block. P4 shows a conceptual plan and elevations of the staff facility that includes a reception area, combination toilet-locker rooms, lunchroom, two offices, conference room, and utility room/janitor's closet. The supervisor's office in the northwest corner allows observation of the recycling area, scale plaza, inbound and outbound traffic, and the trailer yard. Walls will be concrete block and the roof deck will match the transfer building. Other building materials are listed in the drawing notes. The use of landfill gas or waste oil to heat the staff facility will be investigated during final design. If possible within the footprint of the proposed staff facIlity, WCWI will include I) a window to allow visitors to view tipping floor April 5, 2005 Waste Connections of 4~.'. Washington, Inc." ., 4.6-8 City of Port Angeles . operations from the safety of the staff facility; and 2) an interior door opening directly into the Transfer Building. P5 shows a conceptual plan and elevations of the scalehouse that includes a restroom, counter space for the scale computer equipment, an under-counter safe, and kitchen equipment. The roof deck and siding will be fluted steel panels matching the transfer building. P6 shows the significant components of the MRWF including spill containment sumps, emergency eyewash and shower, worktables and storage shelves, and a small laboratory. The office and restroom are located in a separate structure to avoid the higher cost of electrical equipment for hazardous locations. The roof deck and siding will be fluted steel panels matching the transfer building. 4.6.2.8.6 Conceptual Demolition and Restoration Plan Planned demolition and restoration work is relatively minor; therefore no drawing has been prepared for this submittal. After demolishing the existing scale house and scales, the area will be backfilled and paved over. The existing scalehouse will be demolished, the utilities abandoned, and the area repaved as necessary. Recyclables containers will be removed from the existing recycling area and it will be repaved as necessary. Site earthwork and grading will prepare the site for construction of the new buildings and to match the grades of ISth Street and the water treatment plant. Portions of the site that do not become roads or parking will be restored through landscaping. Landscaping will consist of trees, shrubs and groundcover chosen to provide an attractive setting that screens and buffers waste handling operations, yet is low- maintenance, drought-resistant, and does not harbor vectors. . 4.6.2.8.7 Scale Specifications, Hardware and Software The scales and scalehouse are shown on the Site Plan and detailed on P5. General specifications include: . New scales: above ground design, low profile; SO-foot long by 10 ft wide concrete/steel deck; 100-ton capacity; fully electronic, Sensortronics shear beam load cells; fully compatible with Wasteworks software, existing scales, and existing telemetry; NTEP certified. Scale package by Unitec, supplier of the existing scales. Concrete foundations by Contractor. . Axle scales: located beneath the northeast loading chute in the traIler tunnel; used to prevent over-loading of trailers; similar to other Unitec scales used elsewhere on-site. . Card reader system: card readers, antennas, wiring, software, and vehicle ill tags. The allowance for this system is presented in the Cost Proposal. 4.6.2.8.8 Transfer Building Cross Sections P2 and P3 show transfer building cross sections taken perpendicular to the loadout bays. The northeast bay allows top-loading of transfer trailers and open-top containers on chassis, while the southwest bay has a 6 ft. by 10ft. compactor feed chute. The sections and elevations also show typical dimensions, building materials, and foundations. . 4.6.2.8. 9 Electrical Diagram for Power Distribution P7 is a conceptual electrical single-line drawing of the power distribution system, including significant electrical demands. 4.6-9 Waste Connections of .h. Washington, Inc. ""'.' April 5, 2005 . City of Port Angeles 4.6.2.8.10 List of Specifications for Transfer Station Equipment . HV AC equipment: packaged heat pump (heating and cooling) umts for staff facility and scalehouse; propeller exhaust fans for transfer bUIlding; explosion proof centrifugal exhaust fan(s) for MRWF and baseboard heaters for MRWF office and restroom . Waste compaction: pre-load compactor with hydraulically actuated ram; capacity sufficient to process peak day waste tonnage within 10-hour working day; Hams or Shredding Systems Inc. . Mobile waste compaction: backhoe for tamping and leveling waste in top-loaded trailers, as needed to optimize payloads. . Scale telemetry: compatible with existing and providing additional capacity as reqUIred for new scales. . Other equipment: see list provided in Section 4.6.2.13. 4.6.2.8.11 Value Engineering Approach URS's lead design team personnel (Bob Carn, PE and Terrill Chang, PE) assigned to this project have over 50 years of experience planning and deSIgning more than 90 transfer stations. This station will utilize equipment and technologies that have been proven at dozens of other facilities on the West Coast and around the world. Representatives from the applicable disciplines (e.g. civil, structural, sanitary, mechanical, electrical, instrumentation, geotechnical, and architecture) will be involved in the design. WCWI's value engineering approach is to design the station so that it can be constructed and operated within the cost parameters negotiated between WCWI and the City, while meeting the conditions and performance specifications of the contract. . 4.6.2.8. 12 Narrative Description of Proposed Facility The following facility description is organized by waste stream and discusses traffic flow/vehicle circulation, access to each waste-handling area, and the general features of each waste area. . Traffic Entrance/Egress Vehicles enter the site through the existing gate on the northeast comer of the site, proceed west, and then turn south to the scale plaza. The roadway approaching the scale plaza from the north is divided into six lanes, numbered 1 through 6 from west to east. West Road is the primary access for all vehicles going to the transfer building, co-composting building, and water treatment plant. East Road is the exit road for self-haul vehicles leaving the transfer building. Cross Road serves as an access road to both the MRWF and the MHR area, as well as an eXIt road for self-haul vehicles leaving the transfer building. For safety reasons, commercial and self-haul vehicles use separate roadways, to the extent possible. Solid Waste Solid waste is received in the Transfer Building, a pre-engineered metal building with a flat floor tipping area and two waste chutes. The southwest chute feeds a pre-load compactor to rear-load an intermodal shipping container carried on a multi-axle chassis. The northeast chute will be used to load various non- MSW wastes and/or recyclables into a variety of transfer vehicles. It will also serve as a backup for MSW when the compactor is not operating. Commercial haulers will bring solid waste onto the site in packer trucks, rolloffs, dump trucks, panel vans, pickup trucks, trailers and similar large vehicles. They will weIgh in at the outside (western-most) inbound scale in lane 2 before proceeding to the transfer building. Commercial vehicles enter the maneuvering area on the west side of the transfer building and then back into the building through rollup April 5, 2005 Waste Connections of ~~~I. Washington, Inc. '" " 4.6-10 City of Port Angeles . doors. After unloading their waste on the tipping floor near the top-loading chutes, the commercial vehicles drive out the door, turn right, and proceed north to the commercial outbound scale (lane 5). If the vehicle has a tare weight on record, it can bypass the scale and leave more quickly via bypass lane 6. Self-haulers typically use cars, pickup trucks, and small trailers to transport solid waste. They will weigh in at the second inbound scale (lane 3). Its proximity to the scalehouse allows the attendant to answer customers' questions. Self-haulers then proceed around the transfer building in a counter-clockwise direction and back into the doorways on the east side to unload. Self-haulers exit on the north-bound ramp, turn left onto the access road, weigh out on the lane 4 scale, and pay the scale attendant. Transfer vehIcles include transfer trailers, intermodal shipping containers on chassis, and dump trailers. Because they return to the site empty, these vehicles bypass the inbound scales using lane 1 and turn left into the trailer yard located just north of the transfer building. To prevent over-loading, vehicles being filled are weighed on axle scales in the trailer tunnel beneath the loading chutes in the transfer building. Outbound transfer vehicles are weighed by the City in lane 5. They will be re-weighed at the raIlhead or at the disposal site, as applicable. Open-top transfer vehicles will be tarped using a mobile tarping station in the trailer parking area north of the transfer building. Recyclables Commercial recyclers weigh in on the lane 2 scale and then turn left (east) onto Cross Road to access the MHR area. This area contains bunkers and rolloff containers for various materials. Some of these are located under a canopy roof, while others are located in an uncovered, paved area. Commercial recyclers weigh out on the lane 5 scale. . Self-haul recyclers drop off their recyclable materials at a vehicle turnout area on the west side of the main road, north of the scale plaza. This recycling area contains rolloff containers for at least nine types of recyclables (three colors of glass, aluminum, steel cans, newspaper, cardboard, and two types of plastic). While recyclables in self-haul vehicles are not weIghed, outbound containers of self-hauled recyclables are weighed prior to shipment to market. Moderate Risk Waste (MRW) Residents with household (small) quantities of moderate risk waste cross the inbound self-haul scale in lane 3 and turn left onto Cross Road to access the MRW Facility. Alternatively, self-haulers can visit the MRWF after leaving the transfer building. The MRWF includes a covered unloading area, a fully- enclosed area for processing and bulking wastes, and storage areas for MRW in drums. The MRWF has spill containment, fire sprinklers, and mechanical ventilation. It also has double-walled storage tanks for used motor oil and anti-freeze, as well as spIll-contained pallets for auto batteries. The MRWF is located adjacent to the metals/hazardous/recycle area, which allows sharing of storage tanks, equipment, other facilities and staff. The MRWF is staffed by a worker with extensive training in identifying and handling hazardous materials. . Hazardous Waste (HW) Co-located with the commercial recyclables and metals area, the MHR receives and stores hazardous wastes such as contaminated soils and asbestos. A 40 ft by 40 ft canopy provides rain protection for selected metals, hazardous materials, or recyclables. The rest of the area consists of pavement exposed to the weather. Hazardous wastes include used motor 011, antifreeze, and auto batteries. Oil and antifreeze will be stored in two 500-gallon double-wall tanks, and batteries will be stored on spill pallets. In the future, the City may designate other hazardous wastes to be received by the facility. 4.6-11 Waste Connections of ..h. Washington, Inc. ~+,.. April 5, 2005 . . . City of Port Angeles Special Wastes and Metals Co-located with the commercial recyclables and hazardous waste area, this area receives special wastes including contaminated soil, coal ash, other bulky wastes, asbestos, creosoted lumber, painted materials, televisions and computer monitors, and tires. Metals (other than "tin" cans and aluminum cans) include non-ferrous and ferrous metals, bulky metal items (e.g. furniture), and white goods (appliances). Depending on the quantity and handling characteristics, these materials will be stored on the ground, in bunkers, or in rolloff containers. Bunkers to separate and store materials will be constructed of concrete "ecology" blocks stacked 2-3 hIgh. Materials with a high potential for contaminating stormwater runoff will be stored under tarps or other cover. Yard Waste/Biosolids Yard waste can be brought in by self-haulers, commercial haulers, and landscaping/yard maintenance firms. The City will deliver partially dewatered biosolids from its wastewater treatment plant. Self- hauled yard waste IS weighed on the scale in lane 3, while commercial yard waste and biosolids are weighed on the scale in lane 2. After unloading, vehicles exit north on West Road. Self-haulers weigh out on the lane 4 scale and commercial haulers on the lane 5 scale. Water Treatment Plant Vehicles, ranging in size from cars through tractor-trailers, will use lane 1 to bypass the mbound scales and continue southeast to the main gate of the water treatment plant. Vehicles leaving the plant proceed northwest to the scale plaza, then use lane 6 to bypass the outbound scales. Tarping Open-top containers and roll-off boxes carrying recyclables, MSW, or other wastes will be tarped at a portable tarping station located in the trailer yard. Under normal waste-handling conditions, tarping is not required, as MSW will be compacted into rear-loaded shipping containers on chassis rather than open-top containers or transfer trailers. Landscaping Site landscaping will create an attractive facility provide visual screening of solid waste activities or equipment. It will consist generally of low-maintenance, native trees and shrubs. Landscaping near the transfer building will consist of low shrubs that will not provide cover for rodents. Exterior Building Materials and Colors Significant exterior building materials are indicated on the drawings. These include metal roofs and wall panels; concrete and metal wall panels; and translucent panels for skylights and walls to minimize the need for electric lights. Colors will be selected in consultation with the City during the design development phase. Sign age The following table is a preliminary list illustrating the type of signs that will be used to inform customers about the various waste-receiving and handling areas, to direct vehicle traffic, and to promote safety. Location WxH (in.) Contents Main gate 60x36 Facility & operator's names; business hours; services; fees Roads 6 x 24 Road names April 5, 2005 Waste Connections of .hlJt. Washington, Inc. "".' 4.6-12 . . . City of Port Angeles Intersections 36x40 Arrows direct vehicles to MRWF, MHR, transfer bldg, composting, etc. Traffic Per code Directs vehicle traffic; stop, one-way, yield, do not enter, etc. Safety As needed As needed: e.g. transfer bUilding eo children must remain in vehicle, etc. Self-haul recycling 36x48 Area name; materials accepted; bin names Scale plaza 36 x 40 Directs self-haul & commercial to appropriate lanes Metals/haz/recycle 36 x 48 Area name; matenals accepted; bunker names; safety MRWF 36 x 48 Area name; materials accepted; safety Co-composting 36 x 48 Area name; matenals accepted; safety Water treatment 36 x 40 Directs vehicles to the water treatment plant entrance 4.6.2.8. 13 List of Proposed Equipment At this stage of the design process, it is not practical to provide a list of all possible equipment. The proposed equipment includes, but is not limited to, the following general categories: . Compactor: pre-load compactor is fed by gravity through a feed chute in the tipping floor and compacts the waste into one or two bales to make a full container-load. Electric motors drive hydraulic pumps to power the compaction cylinder(s). Unit is sized to compact Year 2023 average-day tonnages in an 8-hour shift; can handle 2023 peak tonnages in one over-time shift. Similar to attached specifications sheets for Harris Transpak 500; actual unit manufactured by Hams or Shredding Systems Inc. . Rolling stock: road and yard tractors; transfer trailers; various types of road and intermodal containers; various chassis; pickup trucks and cars. . Waste handling/earth-moving equipment: rubber-tire bucket loaders, tracked loaders, skid-steer tractors, sweepers, backhoes, excavators. . Waste containers: various dumpsters, roll-off containers, ISO containers, and double-wall tanks. . Building services: plumbing, heating, ventilating, and air-conditioning equipment for sanitation, personnel comfort and health, or as required by code. . PollutIon prevention equipment: catch basins, manholes, oil/water separator, sewage lift stations. 4.6.2.8.14 List of Technical Assumptions It is not practical to provide a list of all technical assumptions. The facility will be designed and constructed in accordance with applicable codes (Federal, state, and local, mUnIcipal, building, mechanical, plumbing, electrical, and environmental, etc.) and regulations. It will take into account existmg conditIons and applicable City and County planning documents. Fundamental engineering principles and sound engineering judgment based on years of experience designing and operating simIlar facilities will dictate, along with cost considerations, how the facility is designed, constructed, and operated. A significant technical assumption is that the soils in the development area are suitable for construction of buildings and pavement, and do not contain large quantities of deleterious materials such as peat or expansive soils. 4.6.2.9 Description of the Proposer's Approach to the Operations Plan WCWI's approach to the facility Operations Plan will utilize experience from other facilities which the company operates. Using this experience, the plan will be tailored to the Port Angeles facility based on April 5, 2005 Waste Connections of .~~I. Washington, Inc. ~ ", 4.6-13 . . . City of Port Angeles site specific conditions and facility layout, the various components of the facIlity, waste volume, and regulatory requirements. The developed plan will follow an established and proven format that will enable sufficient detaIl to assure efficient and safe operation of the facility. The general outline of the Operations Plan will include a facility design overvIew section and an operations section: . Design Overview Section- will include a discussion of site location, waste and traffic volume, site utilities, and a discussion of facility design criteria. . Operations Section - will include a discussion of site operating hours, traffic patterns, staffing requirements, waste management (acceptance, unloading, loading, and transport), control of nuisance conditions (noise, odor, dust) emergency plans, spill control, waste screening, and recordkeeping. The Operations plan will address the above items for all components of the facility including the transfer building, MRWF, MHR, recycling area, and co-compo sting operation. 4.6.2.10 Description of the Proposer's Approach to the Contingency Plan The WCWI Contingency Plan will address a variety of contingency scenarios or emergencies that could disrupt normal transfer station operations. The overall objective is to return MSW-handling operations to normal as soon as possible. Example scenarios include fire; explosion; release of toxic or hazardous substances; work stoppage by WCWI employees or non-affiliated parties; emergency weather conditions (snow, flooding); impassable roadways; building structural or equipment failure; power outages (both short and long-term); discovery of the receipt of unacceptable wastes; handling of disaster wastes; etc. The Contingency Plan will list the response actions for each scenario. Depending on waste characteristics and quantities, response actions could mclude on-site storage of various wastes in containers, in the transfer building, at the MHR area or MRWF. Some wastes might be immediately loaded into trailers or ISO containers and stored on-site or hauled immediately. In some mstances, a rapid response to and cleanup of the emergency (e.g. on-site spill of toxic materials) will have a higher priority than remstatmg normal MSW-handling procedures. During power outages, WCWI will utilize portable generators to supply emergency power to critical areas such as the scalehouse and transfer building lights, but not discretionary uses such as the compactors. The Contingency Plan will have a comprehensive list of contacts and phone numbers, as well as local, State, and Federal emergency response teams that could also provide emergency response and medical assistance. 4.6.2.11 Description of How the Overall Technical and Cost Proposal is Consistent with the Goals and Policies in the County's SWMP WCWI has reviewed the November 2000 Clallam County Comprehensive Solid Waste Management Plan (CSWMP) and developed its proposal to respond to the goals and recommendations of the adopted CSWMP. First, the Waste Import/Export Chapter of the CSWMP calls for developing a contract for waste export services, including a reliable transportation and disposal system. WCWI will provide a transfer station facility and transportation/disposal system that meets these requirements. The facility will have the capability to handle waste generated in the County, subject to the constraints of the RFP and interIocal agreements. April 5, 2005 Waste Connections of .h. Washington, Inc. """.' 4.6-14 City of Port Angeles . Second, the CSWMP established a recycling goal of 30% that could eventually grow to 40%. The CSWMP recognizes that closing the Port Angeles Landfill and contracting for waste export will create new financial dynamics for avoided costs. This in turn provides a financial incentive to examine ways to recycling more materials. Table 3.5 of the CSWMP identifies targeted materials that will help increase the recycling rate to 30%, including yard debris, old corrugated cardboard (OCC), newspaper, mixed and office paper, and ferrous materials. WCWI's proposed site development includes adequate space to accept segregated yard debris as a feedstock for the Co-composting facility. We will work with the City to set up a fee structure that offers incentive (lower) rates for source-separated yard debris and woody waste than for solid waste. Lower fees will encourage some customers to source-separate their garbage from their yard/wood waste. This differential rate structure could be extended to construction and demolition contractors to encourage them to segregate wood waste from their projects. The southwest comer of the transfer building provides a limited amount of floor space for receiving high- graded commercial loads of waste without disrupting solid waste operations. WCWI could floor-sort these high-graded loads to remove materials such as OCC, wood and metals. In addition, the transfer buIlding can be easily expanded if it becomes economically feasible to add equipment for processing and recovering recyclable materials. Third, the transfer building can be used to consolidate recyclable materials into larger trailers for transport to markets, especially commingled recyclable materials, using the top-load chute. Under some conditions, it may be feasible to run loads of single-stream materials (e.g. newspaper, OCC, or mixed waste paper) through the compactor for more economical transport to a materials processing facility. . The proposed transfer station provides a central facility for accepting, processing and transporting waste from the City and County. WCWI has built into its design the flexibility to implement programs and services that encourage the recycling of more materials. WCWI will work with the City to examine ways to ensure that its transfer station provides those services needed to achieve the goals of the CSWMP. 4.6.3 PERSONNEL TRANSITION PLAN 4.6.3.1 City Employee Retention Plan Waste Connections, Inc (WeI) is the fourth largest publicly traded solid waste company in North America. WCI has integrated more than 120 companies and 160 operations since 1997. This number has included Thirty-One (31) municipal solid waste landfills and twenty-eight (28) municipal solid waste transfer stations and twenty (20) waste recycling or materials recovery facilities. Integration of work force and management has been the cornerstone ofWCI's operational success. There are two key elements to a successful transitton. FIrst, it is essential to retain as many employees, from the labor categones up through the supervisory ranks, as possible. Secondly, advance planning and coordination with City staff will ensure that the integrity of the system is not compromised, during the transition. Existing City personnel shall be given first nght of refusal for positions in which they are qualified. . 4.6-15 Waste Connections of .h. Washington, Inc. "".' April 5, 2005 City of Port Angeles . 4.6.3.2 Communication Plan for City Employees Assuming an October 2, 2006 commercial operations start date, WCWI's management team will begin interviewmg the current CIty'S landfill personnel July 10, 2006. WCWI expects to retain all of this staff. This initial interviewing and hiring process will be completed by July 31, 2006. This approach will allow WCWI sixty days to fill any open field positions. All employees, existing and new hires, will attend orientation training that will begin in September and be completed by the operation start date. New hires will receive the training before being placed in the field. The training will include safety and compliance practices, unacceptable waste recognition, employee conduct and work rules. If necessary, any new or existing employees who require more extensive training (Unacceptable Waste, etc.) will receive this training prior to October 2, 2006. AddItionally, it is WCI's practice to bring entire groups of new employees together for benefits, payroll and general Q&A about the company. These meetings will be attended by Corporate !Regional Management and should occur in early September. In the unlikely event that local employees cannot be retained by October 2, 2006, WCI will supply skilled workers from its operations until qualified employees are found. The planning phase of the Transition Plan will begin upon notice of selection as a finalist and will accelerate upon award of the Contract. Upon such an award, WCI will request a meeting that will include members of the transition team and City Staff. The intent of such a meeting wIll be to discuss coordination of employee interviews, transfer of key records, and a general dIScussion of operations up to and through the anticipated start up date. 4.6.3.3 Summary of the Proposer's Human Resource Benefits . As a rapidly growing company, WCWI has many opportunities for qualified and motivated employees to improve professionally through continued training and positive challenges. WCWI believes in promoting from within if qualified. Upon completion of the interview process stated in the above communication plan, WCWI will determine competitive compensation packages for employees based upon experience and qualifications. Waste Connections, Inc. offers a competitive benefits package. 401 K Profit Sharing Plan All Eligible Employees are welcome to partICIpate in the 401k plan during one of our two open enrollment periods (June and December). Employees must be employed for one year and complete 1,000 working hours. Employees may contribute up to $13,000 in 2004, unless they are over 50 years of age then they are allowed to defer an additional $3,000. For the 2004 plan year, Waste Connections, Inc. provided matching contribution of 50% up to the first 5% of pay contributed by employees. Medical Benefits The Medical Plan Benefits are extended to employees and their eligible dependents on the first of the month following 90 days of full time employment. Employees pay a small portion of the cost of insurance via payroll deduction for either a single, single plus one dependent, or a family program. . The Waste Connections Health Care Plan This plan includes preferred provider benefits for medical expenses through a Preferred Provider Organization, Blue Cross. This plan does not require the election of a Primary Care Physician, nor does the plan require that the patient obtain referrals for specialist care. When a Preferred Provider is used, benefits are paid at 80% after satisfaction of a Plan Year (June to June) Deductible. When a non-Preferred Provider is used, benefits are paid at 60% after satisfaction of the Plan Year Deductible. The Plan Year Deductible is $500 per individual, $1,000 per individual plus one dependent, and $1,250 per family. After April 5, 2005 Waste Connections of .~ll~ Washington, Inc. '" ." 4.6-16 City of Port Angeles . the total amount of covered expenses an employee incurs reaches $10,000 during a plan year, the plan will pay 100% of covered expenses during the remainder of the plan year Prescription Drugs This plan is extended to employees and their eligIble dependents. Waste Connections, Inc. has contracted with Wellpoint Pharmacy (a subsidiary of Blue Cross) to process claims for prescription drugs. When prescription drugs are provided by a participating Wellpoint pharmacy, an employee may obtain up to a 30 day supply and will be required to pay a $10 co-payment for generic prescriptions, a $30 co-payment for source prescriptions (no generic equivalent avaIlable), or a $30 co-payment, plus the difference in cost between the brand name and the generic equivalent, for each brand name prescription. The Plan Year D~ductible is $75.00 per individual, $150.00 per individual plus one dependent, and $225.00 per family. After the plan year deductible is met, co-pays are required. Mail Order Prescriptions Waste Connections, Inc. has also contracted with Precision Rx for mail order pharmacy service. This program is available for "Maintenance Drugs". An employee may obtain a 90-day supply and will be required to pay only a $20 co-payment for generic prescriptions, a $60 co-payment for source prescriptions when generic prescriptions are not available, or a $60 co-payment plus the difference in cost between the brand name and generic equivalent, for each brand name prescription. Deductible applies to Mail Order prescriptions as well. Dental . This plan is extended to employees and their eligible dependents. This plan does not utilize a network of preferred providers. Employees may use the services of a licensed dentist, denturist or oral surgeon of their choice. Preventive care and diagnostic services are paid at 100%. Restorative services are paid at 80%. Major services are paid at 50%. There is no deductible for preventative care services. There is an annual deductible of $50 per plan year, per individual, covered on this plan with a maximum of three deductibles per family for other services. The maximum annual benefit per covered individual is $1000. Vision This plan is extended to employees and their eligible dependents. This plan does not utilize a network of preferred providers. Employees may use the services of a licensed ophthalmologist, optometrist or optician of their choice. Vision examinations are covered at 100% once in every 24-month period. A $250 allowance is provided to purchase lenses, frames and/or contact lenses once every 24- month period. Life Insurance/Accidental Death and Dismemberment Employees who have enrolled for health benefits will be provided with coverage equal to 1.5 times their annual salary, up to a $50,000 maximum. Employees have an option to purchase additional life insurance for themselves and their dependents. Long- Term Disability Employees, who have enrolled for health benefits will be provided with coverage equal to 50% of their monthly salary, up to $2500 per month. This coverage begins after 90 days of being disabled. Employees have an option to purchase additional long-term disability insurance for themselves. . 4.6-17 Waste Connections of .h,. Washington, Inc. ".'" April 5, 2005 . . . City of Port Angeles - Flexible Spending Plan Employees are welcome to enroll in our Flexible Spending Plan, which allows for money to be taken out of each paycheck on a pre tax basis to be used toward uncovered medical expenses and/or dependent care. This plan is regulated by the IRS and runs on a plan year basis (June-June). Employee Assistance Program This is a free service paid for by Waste Connections. The EAP program is confidential counseling, education, and referral service available to all Waste Connections employees, spouses and dependents. This plan offers free counseling, (marital, family, emotional concerns, crisis intervention, etc.) legal and financial consultation services. Vacation Upon completion of one (1) full year of employment with the Company (original City hire dates will be acknowledged for those transitioning from existing positions), regular, full-time employees will be eligible for vacation. Years of Continuous Service More than one (1) year More than three (3) years More than seven (7) years Annual Accrual 40 hours 80 hours 120 hours Holiday The following days shall be considered as holidays: New Year's Day Memorial Day Fourth of July Labor Day Thanksgiving Christmas Day Work performed on any holiday shall be paid for at one and one half (1 1/2) times the employee's straight- time rate of pay In addition to holiday pay. No employee shall be called for less than four (4) hours work or pay in lieu thereof. Sick Leave After completion of one full year of employment (original City hire dates will be acknowledged for those transitioning from existing positions), sick leave shall accumulate at the rate of three and one-third (3 1/3) hours for each month of employment. Maximum accumulation of sick leave shall be thirty (30) days, two hundred and forty (240) hours. Unused sick leave will not be paid out except upon formal retirement from the Company, in which case, an employee shall be paId fifty percent (50%) of his or her accrued but unused sick leave. 4.6.5 PROPOSED SCHEDULE The attached project schedule is based on the dates and schedules shown in Tables B-l.l and B-l.2 of the Performance Specifications. The proposed schedule is dIvided into permitting, design, financing, and Waste Connections of ..h. Washington, Inc. "lIIII\.' April 5, 2005 4.6-18 . . . City of Port Angeles construction phases. It shows major tasks, shows sequences and important submittal dates, as well as duration (calendar days) and interdependence of major activities. A list of permits that may be reqUIred: Facility Planning Permits . SEP A checklist . Traffic study Facility Construction Permits . Clearing, grading, filling permit . Building plan check permit . Energy code calc . Building construction permit . Mechamcal permit . Plumbing permit . Electrical permit . Sign permIt . . . . . . . . Demolition permit Sewer connection permit Sewer, water, street extensions Construction inspection fee Right of way construction permit Sidewalk permit Curb and gutter permit Catch basm permit New or Continued Operations Permits . Solid waste permit . NPDES/state and local stormwater permit . Post-closure monitormg. Financing WCWI will fund this project using the current cash flow of Waste Connections. As such, no outside financmg will be required. The major tasks related to funding the project are: . Secure Bonding for Construction . Negotiate scopes of work and fees for all Subcontractors to WCWI . Ensure that Subcontractors are properly bonded . Pay Subcontractors at 57 days or as negotiated. The attached schedule is preliminary and will be updated periodically as the project progresses. WCWI will make a good faith effort to meet the critical milestones and facility startup date. WCWI believes that flexibility on the part of itself and the City in adapting to real-world, real-time conditions during the development ofthis project is critical to its ultimate success. April 5, 2005 Waste Connections of ..h. Washington, Inc. "'111\.' 4.6-19 . PROPOSAL SPECIFICATION: 981007 AUTOMATIC PRELOAD WASTE COMPACTOR: TP-500 GENERAL LAYOUT DRAWING: D OS90..onS7 APPLICATION: Solid waste. A CAPACITY AND RATING: Ai HOPPER OPENING: A2 COMPRESSION CHAMBER SIZE: A3 APPROX. EXPANDED BALE SIZE: . A4 BALE WEIGHT: (AVERAGE) AS BALE VOLUME: A6 APPROX. EXPANDED BALE VOLUME: A7 BALING CYCLE: A8 APPROX. HOURLY CAPACITY: A7 is based on the following: B COMPONENTS: B1 ELECTRIC MOTORS: B1.1 MAIN SYSTEM: B1.2 Oil Cooler . 81.3 Oil Filter 72" wide x 120" long 84" wide x 84" deep x 35-1/2' long 90" wide x 90" deep x 38' long 28 TONS 65 cubic yd. 83 cubic yd. 15 minutes (4 cycles/hr) 112 TONS Twelve (12) strokes Avg. solid waste loose density is 10 Ibs/cu. ft. Material can vary from 2 Ibs. to 30 Ibs/cu. ft. Two (2) 100 HP. 1750 RPM, 208/220/440 volt, 38, 60 Hertz, TEFC. One (1) S HP Motorpump One (1) S HP Motorpump -B - - COMPONENTS: (Continued) 82 ELECTRIC CONTROL SYSTEM: B2.1 One (1) NEMA 4 control panel to include Wye-Delta motor starters for 440 to 600 volt power with overload protection, circuit breaker, control circuit transformer and cycle control system wired to terminal strips. Special starting requirements are available at additional cost. 82.2 One (1) operator's station enclosure to include oil tight control switches and signal lights, wired to terminal strips. Console displays bale weight, length, and has numerical diagnostic functions, as well as an emergency stop switch. 82.3 Electronic weigh beam, front and rear load cells are provided. Weights are totalized with visual readouts at operators console and on tipping floor data board. The data board is provided for tipping floor operation with 6" high electro-mechanical numbers for visual display of platen position, length and weight of bale during compaction. 82.4 Remote radio control is standard. 83 HYDRAULIC SYSTEM: 83.1 MAIN PUMPS: One (1) 60 GPM @ 2500 p.s.i. One (1) 60 GPM @ 2250 p.s.i. Two (2) 105 GPM @ 1650 p.s.i. Two (2) 105 GPM @ 775 p.s.i. B3.2 VALVES: B3.2.1 Individual relief valves protect each pump from overload pressure. B3.2.2 Directional valves are electrically controlled and hydraulically operated. 83.3 CYLINDERS: 83.3.1 FIRST COMPRESSION: 16-314" bore, 3 Stage Telescoping 55'.0" stroke, 275 Tons first stage 83.3.2 8ALE GATE: Two (2) 4" bore, 35 Tons Lift 83.3.3 HITCH: 1112" bore, 1" rod, 6" stroke B4 FILTERING AND COOLING SYSTEM: 84.1 Filtering is by replaceable cartridge type micronic filters. 84.2 Standard cooling system is oil to air heat exchanger. 84.3 Two (2) 4 KW Immersion heaters are provided PROPOSAL SPECIFICATION - TP-500 Page 2 of 4 C . . . OPERATION: C1 Loading is either direct into compactor from tipping floor above by push loader, or by conveyor feed system with integral hopper. C2 Compaction is accomplished by pushing solid waste into the bale chamber against a closed gate at the discharge end with a reciprocating platen driven with a three (3) stage hydraulic cylinder. C3 Weight of bales is determined by a visual read-out from load cells located in the chamber foundation pedestals. C4 Bales are ejected into transport vehicles which are latched to the chamber with a hydraulic hitch. C5 Bales are ejected by opening a vertical gate and operating the platen to push the bale clear of the chamber and into the transport vehicle. o CONSTRUCTION: 01 The baler is designed for flat surface, reinforced slab installation. 02 Major sub-assemblies are plate and structural weldments of cellular construction, welded into main chamber assembly. D3 Final assembly is bolted and keyed. 04 The chamber floor and platen wear surfaces are fitted with weld-on wear plates of heat treated alloy steel. 05 Shear knives are securely seated in press frame and platen. 06 All pipe is electrically welded and securely anchored. 07 Pipe flanges are steel, bolted type, with "0" ring gaskets. D8 The baler is completely assembled and operated before shipment. D9 Standard paint is machinery enamel over primer coat. 010 SHIPPING WEIGHT: 85 tons, approx. E GENERAL: E1 Layout and foundation prints show above grade dimensions and conditions. Below grade soil conditions, piers, piling, footings and associated components are matters of local determination for which our company can accept no responsibility. E2 HARRIS technical services are available on a free advisory basis to assist in determining the location and material flow conditions best suited to utilize the high production of our equipment. E3 This proposal also includes the services of a qualified installation specialist for five (5) eight- hour working days. The specialist will place the press in operation and instruct your operator in recommended operating and maintenance procedures. (Transportation and sustenance outside the continental United States is for the purchaser's account.) PROPOSAL SPECIFICATION. TP-500 Page 3 of 4 eE GENERAL: (continued) E4 Harris will not accept back charges in connection with installation or start-up of this machine unless prior approval is obtained in writing from authorized Harris personnel. E5 Harris will not accept any charges for work performed on this machine during contracted warranty period unless prior approval is obtained in writing from authorized Harris personnel. F EXPENSES ASSUMED BY THE PURCHASER TO COMPLETE THE MACHINE INSTALLATION: F1 Freight from factory to destination. F2 Preparation of foundation. F3 Unloading and assembling of the baler. F4 Wiring from power source to electric control panel. F5 Furnishing approximately 1600 gallons of hydraulic oil for the hydraulic system. G Limited Warranty: This machine is covered under Harris warranty (HWMG. Inc.990101W-5td) which is attached. . . PROPOSAL SPECIFICATION - TP-500 SUPER Page 4 of 4 . I I x I " 0 o x x x 1 OJ I I I I / I / D I {l , I I U I I I I I / I / I / / / I ///'/"'" / / / I"" / / / 1// , / I / i!1 ) I I ! // ,/ / ;:;/ / I /,' // I /,;'-v u // \// I. .^ ,,~/,/ / '-/ J .,.,>/",/,/ / '::~;:;;;"-d'.,,/ // ~:-:.:::::::;;./ ",1",,/ fft""~ _--- ,-;/ .,../ P --- -- ...../ '- -- ,. I - ~, /^" ~ - - '---- ,-' J :-- :--1:0:- ~-~APPROXIMATEDEVELoP"MEm: Lt~ITS /' el, a I 'I ,-I 220 ,,() rv x '\ \ ~, r-T7 "7 \ o N N 50"" 0 50 100 I I I I ", SCALE IN FEET x ~-< ~ I!:! ~ .~ " G " .. 0; '" c < -r o ~~ -INo " " JOB No DRAWING NUMBER' '/1 WASTE CONNECTIONS CITY OF PORT ANGELES SITE 33757114 WARNING REIIISlON DAlE 8/26/04 IF BAR llOES NOT MEASURE I" AT FUU SIZE. lHEN SCALES ON ORAWlNG NOT TO SCALE. URS CAD FlLE NUMBER SCALE DRAWN BY VCH APPRO\IED BY' SITE 1"= so' 8/28/04 DAlE VCH I FOR REIIIEW BY CHECKED BY TRANSFER STATION SITE PLAN SHEET' I REV OF X . eE Q. ;;; '" . "0 ~ o ..~ .. .. li '" c <( I ... o o N N N 8 ~ o VI .. o ...J E Q. o N I ... o o N N N - u o "0 ~ o 1i: ~ ~ .: .. .. ::> ~ I I I I 10'-0' cy I 1 ElEC ROOM I AXl.E~ ~OMffi AXLE i SCAlE I SUMPS TO COME WHEEl GUIDES TO COME (9-------- @--____L . CD I ;... COMPACTOR GATE r-, ,--'---'--, I I I I I 7'-6" I I 1 : I I - -r ----r - I I I 1 I L~ I I TRAILER TUNNEL FLOOR PLAN I/S'=I'-O' 15 ~ A XX XX XX VCH FOR REVIEW ...:. No DATE BY REVISION 15'-0' 15'-0' ~ I 1 I I. cr ~ I BOUARDS AT AlL DOORS 1 22'Wx2S'H ROll UP D~ i . B i ~'(*) Glflr UNE.../ l : I I I 7'-6' 10' HIGH STEEl PUSH WAlL . ~ ElEC ROOM ROOF I I-TOP LOAD lLOT 44'-0'. 6' -O~ COULD BE 461LDNG I 1 I 1 I 6'HIGH STEEl BACKPLATE (lYP) b I 8 GIRT UNE · 22'W.2S'H ROll UP DOOR · · 22'Wx2S'H ROll UP DOOR · I b I in N ~ STEEl UNED PUSH WAlL i ... (9---------- ~ b .1 FRAMING NOTES 1 RIGID FRAMES SHAlL BE USED AT UNES C, 0, E, F, G, H, AND AT UNE J FOR A FUTURE SO' EXTENTION 2 COLUMN 4< BEAM FRAMING TO BE USED FROM UNE A' TO UNE C (LOAD-OUT AREA) JOB No DESIGNED PROJ. ENGNEER 33757114 WARNING . ." L........d SCALE DRAWN BY APPROVED BY VCH IF BAR DOES NOT I/S'-I'-O' MEASURE l' AT FUll SIZE, THEN SCALES CHECKED BY OA1I: ON DRAWING NOT AUG 04 TO SCAlE. URS 6 BAYS AT 25'-0'= 1SO'-0' ~ ~ I I I .1. 22'Wx2S'H ROll UP DOOR ~ I 1 I .1.. ~ s~ GRID UN PUBUC INFORMATION KIOSK GIRT UNE . 22'Wx2S'H ROll UP DOOR . . .[g] FLOOR PLAN I/S'-I'-O' 22'Wx2S'H ROll UP DOOR I I I I r-----, I I I I I I I HYD' I I I UNIT' I Ii! i :1 ~~--L~-_~ ElEV'=104' -0' I I I I I I I I I 1 I 1 I 1 I 1 I I I I I 1 1 1 I I I ~------~----------~----------+- I I I 1 I I 1 1 I I 1 I I I 1 I I I 1 I --------~' -l------r I I ! i w I I I () I ! ! ~ ! ~ ~- ~----~---i------f---------- i ~ ~ i , , I '"'"'" m _ _llJJ J : 1- COMMERCIA~UNLOADING ,I . . . . . [g][g] I 1 I 1 I 1 I I I 8 puJuc STALLS! ! ------~----------~----------- 10' HIGH STEEL PUSH WAlL ~ ~ 808 L.. ....01 I SCALE IN FEET 16 I ~* .r--7 DRAWING NUMBER. CITY OF PORT ANGELES WASTE CONNECTIONS P1 CAD FlLE NUNBER P1 TRANSFER BUILDING FLOOR PLAN SHEET REV OF A . ~ Cf o I 10 '" o I b STEEL PUSH WAll <D I .! It') ~ ! III I " 1 ~ ... 0 0 '" .... 0 - u 0 ~ " 1Il - .. .3 E " ~ ~ I ... 0 0 '" f. - u 0 .,; .:l -0 n: ::: 2 .<> L " " :J '" . " '" !?- 0 .~ .. " II '" ~ 1; !?- A XX/XX XX VCH FOR REVIEW No DATE BY ElEC ROOM TRANF ELEV 204'-0" NORTH ELEVATION (UNE A) I/B"=I'-O" ~ ROOF EXAUST FANS <D I TOP OF CURBS AND PEDESTAlS ELEV. 221'-6" TOP OF CUR ANdh~~1T~ ELEV 221'-0" SECTION A I/B"=I'-O" P1 $ I ~ f II IIIII , : :;; I i PUSH WAll T I I I J I ELEV 20<l-' -0" r I I I I I NORTH ELEVATION (UNE B) I/B"=I'-O" JOB No DESIGNED PRW. ENGINEER JJ75711<l- WARNING . 1/2 SCALE DRAWN BY APPROVED BY b........d VCH IF BAR OOES NOT I/B"-I'-O" MEASURE I" AT FUll SIZE, THEN SCALES CHECKED BY DATE ON DRAWING NOT AUG O<l- TO SCALE REIIISION URS @ I ~ TRANSLUCENT BAND <l-' HIGH ? I I! ;d I : I SOUTH ELEVATION (UNE J) 1/B"=I'-O" Cf , ? TRANSLUCENT BAND <l-' HIGH I I I I I j i'-LSEAM J~ I ~I RIGJD FRAME I : II, IIIII! z ,. 3 8 iil ~ 10' HIGH PUSH WAll II II II II II I /- I ~ TOP LOAD COMPACTOR " I z z I ~ It: I I ELEV. 2 04'-0" I I I WEST ELEVATION (UNE J) I/B"=1'-0" WASTE CONNECTIONS 8 L... o 8 ...l ' SCALE IN FEET '8 I DRAWING NUMBER CITY OF PORT ANGELES P2 CAD FILE NUMBER TRANSFER BUILDING EXTERIOR ELEVATIONS SHEET - 1 P2 SHEET: REV OF A . ~ ~ cr Cf Cf I GUTTERS '" DOWNSPOj NOT SHOWN FOR ClARITY I TRANSLUCENT PANELS I I I 2' WIDE x2o'LONG (TYPj I I I I I I 22'Wx28'H ROLL UP DOOR 22'Wx28'H ROLL UP DOOR 22'Wx28'H ROLL UP ODOR 22'Wx28'H ROLL UP ODOR ELEV 221' 0" ELEV. 221' 0" ELEV 221' 0" ELEV 221'-0" ELEV 204'-0" OFFICE STRUCTURE NOT SHOWN LOAD-OUT BAY EAST ELEVATION 1/8"=1'-0" .~ o '" J .. 8 '" iii o GUTTERS '" OOWNSPrUTS NOT SHOWN FOR ClARITY I I TRANSLUCENT BAND 4' HIGH ~ - u o ~ o Ul CD ..9 E o .., o 1111:" ", l i 111'11 i 111'11 i 1 i II i 1111: I, :,':1'1111111111111111111,)1"" , 22'Wx28'H ROLL UP DOOR 22'Wx28'H ROLL UP DOOR :: WEST ELEVATION 1/8"-1'-0" I .. o o '" "f, tffv.0~2 ~y'W" ELEV 221'-0" ELEV 221'-0" - u o -;; ~ o a: I [;] '2 .0 .; CD CD ::> ~ "0 ..; ~ .~ CD " "il '" " < 1:: o ~ A XX XX X VCH FOR REVIEW .:.. No DATE BY REVISION JOB No DESIGNED. PRQ,J ENGINEER 33757114 WARNING . '/1 b........d SCALE DRAWN BY APPROVED BY VCH IF BAR DOES NOT 1/8"-1'-0" MEASURE I" AT FULL SIZE. THEN SCALES CHECKED BY DATE. ON DRAWING NOT AUG 04 TO SCAlE. URS WASTE CONNECTIONS TOP OF CURB ELEV 221'-6" 216'-0" ~~ 808 L.. ....I ' SCALE IN FEET 18 I ~* r---7 DRAWING NUMBER' CITY OF PORT ANGELES P3 CAD FILE NUMBER TRANSFER BUILDING EXTERIOR ELEVATIONS SHEET - 2 P3 SHEET. REV OF A . ej 0 6 I .... 8 '" .0 0 U 0 ~ 0 CIl ~ ..'3 E 0 '" 0 :: I .... 8 '" "i - u 0 -0 ~ 0 1L ::: 2 .D L. .. " ::;) '" . -0 "'" ~ e~ ~ I!! " .. 0; '" c: < -e o ~I A xxx VCH I FOR REVIEW No.1 DATE I BY B IHEAT I PUMP MEN 14'-8"xI5'-8" UTIUTlES / JANITOR 8'xl1' ElECT PANEL WOMEN 14' -8"xI5' -8' / D ::, I "'I; ~ I >1;'" HAllWAY 5' WIDE EL 221'-0' LUNCH ROOM I1'x12' ,rX,r ,rX,r . o I , .... I ;., '" I" ~ x' '" I" ~ omCE 10'xll'-10' omCE 10'xll'-10" RECEPTION 1I'-8'xl0' CONFERENCE ROOM II' -8"xI2' -0' LJ / 'IF 11/ 711 1\ 11----11 II-~-- HilI" .d I ",tX,t ,I: "0 ,tx"t ,I: FlXED ENTRANCE 3'-4"x6'-0" I 45'-0" FLOOR PLAN (1530 SF) 1/4"-1'-0" WEST ELEVATION 1/4"-1'-0" JOB No DESIGNED. PROJ ENGINEER 33757114 WARNING SCALE DRAWN BY' ~ APPROVED BY VCH IF BAR DOES NOT AS NOTED I MEASURE I" AT FULL SIZE, THEN SCAlES CHECKED BY DATE. ON DRAWING NOT SEPT 2004 TO SCALE REVISION OUTSIDE OF MAIN BUILDING *~ ::, I ~ GUTTERS '" DOWNSPOUTS NOT SHOWN FOR ClARITY COLORED BLOCK COURSE All. AROUND BUILDING URS MATERIALS OF CONSTRUCTION 1 FOUNDATIONS SHAll BE CONCRETE SlAB ON GRADE 2 EXTERIOR WALLS SHAll BE SPLIT FACED 8" CMU INTERIOR WALLS OF REST ROOMS '" UTIUTlES/ JANITOR ROOM SHAll BE 8" SMOOTH FACED CMU All. OTHER INTERIOR WALLS SHAll BE 5/8" GYPSUM WALL BOARD OVER UGHT GAGE METAL STUDDING WITH ACOUSTICAL INSULATION 3. WALLS OF THE 2 omcES SHAll STOP AT SUSPENDED CElUNG FOR POSSIBLE FUlTURE RELOCATION 4 ROOF SHAll BE PREFlNISHED METAL (SAME AS MAIN BLDG) OVER MANUFACTURED WOOD TRUSSES 5 CElUNGS IN REST ROOMS SHAll BE 5/B"GYPSUM BOARD. CElUNGS IN All. OTHER AREAS SHAll BE 2'x4' ACOUSTICAL TILE AT 8'-8" ABOVE FlNISHED FLOOR CElUNGS SHAll BE INSULATED TO R30 6. FLOORS IN REST ROOMS '" UTIUTlES/ JANITOR SHAll BE SEALED CONCRETE. LUNCH ROOM '" HAllWAY SHAll BE VINYL TILE omcES '" RECEPTION AREA SHAll BE CARPETED 7. EXTERIOR DOORS '" UTIUTY ROOM ODOR SHAll BE OF HOLLOW METAL CONSTRUCTION INTERIOR DOORS SHALL BE OF WOOD CONSTRUCTION IN HOLLOW METAL FRAMES. B WINDOWS SHALL BE ALUMINUM FRAMED, DOUBLE PANE GLASS All. INTERIOR WALLS SHALL BE PAINTED 9 BUILDING SHALL BE AIR CONDmONED WITH AN EXTERNAL HEAT PUMP. . .... I a. I ~.: :---1 ~T____ SOUTH ELEVATION (AS DRAWN) NORTH ELEVATION (SIMIlAR) 1/4"=1'-0" DRAWING NUMBER WASTE CONNECTIONS CITY OF PORT ANGELES P4 CAD FlLE NUWSER STAFF FACILITIES PLAN & ELEVATIONS P4 SHEET' OF REV. A r/ . .s '" ... '" I ... 8 '" ri r .., '" ~ . .. .. a; '" c: < "t o ~ A -: No ~ u o ~ o '" ~ .. .3 E o CD o ::: I ... o o '" .., ;3 .., ~ o Ii: :t: 2 .D I: .. .. => 4'-0" o I N o I Co CURB XXXX DATE VCH PREUMINAR'Y BY _ _ ----. ~O_ _ 10'-0" 6'-3" SUOING I W1NOOW I '" ~ => o o I SAFEbaow I SUtlNG WIN~ CD \" ~OING POCKET I i:R ;., 25'-0" _ _ ~INBOUNO __ ~ TRAFFIC ENLARGED PLAN 1/4"el'-0" 8'-9" WfoJJ<WAY SINK COUNTER ICROWAVE ABOVE REFRIGERATOR BELOW 4'-0" ^ EAST ELEVATION 1/4"el'-0" N)A RAMP 4 h D 4 ---:l ' SCALE IN FEET B I JOB No DESIGNED. PROJ ENGINEER' 33757114 WARNING . III b.......d SCALE; ORAWN BY APPROVED BY- VCH IF BAR ooES NOT AS NOTED MEASURE I" AT FUll SIZE, THEN SCALES CHECKED BY DATE. ON ORAWlNG NOT SEPT TO SCALE REVlSJON . o I ". . o I Co o I ;., URS D SOUTH ELEVATION 1/4"el'-0" o I Co o I ;., WEST ELEVATION 1/4"el'-O" WASTE CONNECTIONS CITY OF PORT ANGELES SCALEHOUSE PLANS AND ELEVATIONS 6" 4'-0" 1'-0" 4'-0" 6" . o I ". o I ;., NORTH ELEVATION 1/4"el'-O" DRAWING NUMBER' P5 CAD FILE NUMBER P5 SHEET OF REV A . . E Q. ..... '" '" I ... 8 '" ri - " 0 ~ 0 (II - .. .3 E 0 ..... 0 - I ... 8 '" .. u 0 " ~ 0 a: ::: 2 .0 " .. .. ::l '" . " <D ~ o .~ .. " Ii '" c 0( 1: o ~ A XXX - No DATE , I , I , , , , -~---------------I--------------- Q.Z , ~~ I (II" 1E 'I ;";1: , I , , 20' -0' ::. I b EMPTY DRUM STORAGE 3'.S'SUMP WITH GRAllNG ::. I in SHElF UNITS 3 ~ . o I in ::. I 10 EJ EL 204'-6' . o I b '" c;> o 40'-0' I o ~ EYE WASH EL 204'-6' 3'X9" SUMP WITH GRAllNG 4' 'DOORS 204' -6' EL 2 '-0' (iJ=--- EL 204'-0' _____~g04'-6: TOP Qf ISI.A!:I!L-_ VCH FOR REVIEW BY REVISION {7 fORKUfT ACCESS I SUMP , S'WlDE ROLL UP DOORS WORKTABLES SHElF UNITS EMERGENCY WASH-DOWIN SHOWER~ o o \ S CABINET ~ EXCHANGE' ARfA EL 204'-6' o 0' , l ,0 SUMP ~2~ EL 203'-9' Il. c;> i~ , , JOB No DESIGNED PROJ ENGINEER. 33757114 WARNING . 1/' b........d SCALE DRAWN BY' APPROVED BY VCH If BAR OOES NOT AS NOTED MEASURE l' AT FULL SIZE, THEN SCALES CHECKED BY DATE. ON ORAWlNG NOT SEPT 2004 TO SCAlE """"7 --+ ~ ALTERNATIVELY, THIS ARfA MAY BE ONE OR TWO PRE-fABRICATED HAZARDOUS WASTE STORAGE UNITS 3'-4'.6'-0' OffICE toO I' :- '" " ~ 12'-0' 4 ~ o 4 J ' SCALE 'N FEET URS '" I in '" ,I 8 I 9 , I 10'-0' EL204' - ' A I I J I II II J I I J EL204' - ' <0 I ;... '" cr cr , <f , 15'-0' cp 21'-0' cr 15'-0' .D NORTH ELEVATION (UNE A) 1/S'."-o' 12 EL219'-O' cr B cr 20'-0' WEST ELEVATION (UNE 4) I/S'=I'-O' EL212'-O' EL 04'- ' WEST ELEVATION (UNE 5) 1/8'=1'-0' 21'-0' cp 15'-0' <f 15'-0' cr 10'-0' 9 , , , I EL219'-O' EL212' -0' D. SOUTH ELEVATION (UNE C) 1/S'.1'-O' C D -S'W.l0'H ROLL-UP DOORS EAST ELEVATION (UNE 1) 1/S'."-O' A A C EL214'-3' :q ;!U EL204' -6' SECTION AT L1NE-3 (UNE 5) 1/S'."-O' 8 L.. o 8 18 ...... ' I SCALE IN FEET DRAWING NUMBER' WASTE CONNECTIONS CITY OF PORT ANGELES CAD FlLE NUMBER P6 MRW FACILITY PLAN 8c ELEV A nONS P6 SHEET REV. OF A e I~--I 'hi EXISllNG I I PAD MOUNTED I I SWITCH L --l 4" CO CONDueroRS BY P A. POWER 3 SETS 4" C (4) 300 kemil eG Ul o :: I ... o o N ~ 8 ~ " (f) - " " --' E Q. :R ... o o N N N - u o .., ~ " a: ~ .D ~ .. " ::> '" . .., ... ~ e~ " .. D r 1; ~ A. XXXX VCH PREUMINARY - No DATE BY REVISION I -~------------------------I I I 1 I I )8001 )~~ rH~~ : L~F~-- ----------~ ..l. 2/0 AWG 2 SETS 2 11'2" C 3" C 3" C (4) 3/0 AWG (4) 4/0 AWG 7" 7" (4) 250 kemil (I) 6 AWG.G (I) 4 AWG,G (1) 2 AWG,G BLOG (2) 3/4".10' STEEL llND RODS 500 KVA 12.47-0 48 KV M -L WATER PIPE EXISllNG 75 KVA EXISllNG COMPOSllNG BUILDING (TO REMAIN) EXISllNG BUILDING (TO REMAIN) PANEL L PANEL SH L 2" C (4) 2 AWG (1) 8 AWG,G PANEL MRWF L COMPACTOR lOOA 30 CKT UGHTlNG 225A 42ekt 75 KVA ~8v208/ ,- ~0/60-1 I 1 25 KVA I 480-208/ 1 120V I ".1 PH 1 I 1 I 1 I P1JL 1 I 1 I 1 I 5eAlfo6'fUSE I 24ckt L____-1 30 KVA t~8v208/ PANEL R PANEL MRWF R PANEL STAFF FACIUlY MRWF 100A L~ekt __~ JOB No. DESIGNED PROJ ENGINEER DRAWING NUMBER 33757114 WARNING WASTE CONNECTIONS CITY OF PORT ANGELES P7 . '/2 SCALE- DRAWN BY APPROVED BY b.......d URS CAD FILE NUMBER VCH IF BAR DOES NOT P7 AS NOTED MEASURE I" AT FULL SIZE, THEN SCALES ONE-LINE DIAGRAM CHECKED BY DAlE ON DRAWING NOT SHEET REV SEPT TO SCALE. OF A . o -0 '? J? !2 0 :y :J '0' on ~' ~ ~: , / .!~O " - I I \ X ... 0 0 N N N ;3 JI ' ? "';>0 "'0 .. 0 -'. " ' ',9 E 10. Q. ";,0 N 90 N I 6'0 ... ;>0 0 0 N N1 '00 N ~I ~O =40 30 0 a: 30 ~I 40 ~O 60 , 70 .. .. ::> '" . " a:i ~ 0 . .. .. Ii '" <: < 1:: o _ ____ ___ _____ ~~ (FOR REI/lEW No DATE BY y o :!: ;; o ::! " x x o ~ " "Yo x o .. x x 140 \40 ,,0 ,~o \ \~C~C 00 10 &0 , ~Q REVISION 0,,:- , "f DoC' - '0 X :!: X ,I, , 'f ',I, ' II ,\' ; \'\\ '" i j X -"",X/" ~~ ~ ,,\., \.. c,' /' JOB No. 33757114 SCAlE ,.- 100' DESIGNED PROJ. ENGINEER DRAWN BY VCH APPROI/EO BY' CHECKED BY DATE' is' ~ rB (lYP) / X rB , ; I I t ) , , y , CB, \ CB ;. UFT STAllON'II , r, /' (. .-&- - - -~_.--o 3/4, B"sSJ . MHI3 0:) B 12. ~O~ '&: 'L i ,.- , I , h-___:=~~. ~__':'" _ __~. y---~--~~~ ~v~ ~4-- -- .~\CB CONNECT TO "!'OINT .Of CONNEC1l0N.TO SANITARY SEWER IE' '95.0. AS SHOWN' ON fiG 5 Of RFP-.:....... , ;'"'' , , '" ! / \ :11' l, 1'1 I " II / 'I 1" I MHII II i ! I j -} J! I, ," ' 0..-0' , " i I,~ I / "W X , \,., , , > I 10\ 1J \c::.' \ I o o '" \ \ , I '6'0 , I o r- . '-POINT OF CoNNEC1l0N TO NEW WATER MAIN ," / '" ",' .> " '$,0'60 \ > ,,' "tu " }' ,},;~,,<, ; ,<;.30 "' Ol'Do '?,' I 0'J.<900~ ~C;P, ~\~<:", ," / X '\ X " X ':..\~ ... - \ "~ ',> ,', '-{ , ~ ,,':: ,~ >0' 6'0 !~oo , + "j,' WARNING WASTE CONNECTIONS '/1 B/26/04 If BAR DOES NOT MEASURE I. AT FUU SIZE, THEN SCALES ON DRAWING NOT TO SCAIL URS Ii >I;~ ',/ " " ! ') . ), , - , y ~ ;/ " , X /~', :" "" X , , /', " /CNEW WATER..MAlN , , ,/' o '" '" R '" X o N N -*~ ~ @ UfT STATION 12 0 MAN HOLE SANITARY SEWER 01 POTABLE WATER @) WATER METER A fiRE HYDRANT NEW WATER MAIN ~ OIL WATER SEPARATOR 0 CATCH BASIN - - ROCK UNEO OITCH , 2. STORM DRAIN 't> '" ! , ( , ' ! i J )/ ""~ (I \, ,.,:,) '-S-:; \, '" "W POINT Of ,CONNEC1l0N ' TO NEW WATER IIAIN t/, SCALE IN FEET '" 1~ 9 ,~ 290 \, \ , ' , '; \ ' ''>'>0 \ , CITY OF PORT ANGELES TRANSFER STATION SITE UTILITIES PLAN X' X X ,O~i , 'AC"I o .. '" X X X o .. N I, \ ''>'''0 , , "" DRAWING NUMBER- PB CAD FILE NUMBER PB SHEET: OF REV x . .[I~ ril '" . ." Ol ~ o . " OJ '" c: <( 1: ~~ No o -0 .., J Jf R~ 3 .~/; x \1 ' :\ " ~~ \~\ ,~, " \ \ "- ,', ~ " ~ ,/ ,~ lJi' '; r I .... a a N N N \ \ x 8 ~ ~ ~ " C ...J [I: , CD N I .... g N /' ~ u a ii 1_.' ~ 0 a: ::: 2 .0 .: " " ~ 8/28/04 DA"TE VCH I roRREViEW BY o ~ x 'f % " ? ~~ I, x \40 / RECYCUNG CONTAINERS TO BE REMOVED REPAVE AREA f>S REQUIRED x o ...- e.. 3 0 ... ',', ! ,- X H ~h'~ j / j x 0 " ::' " , f5 '0 '.., x ,-.,,/;' I. x x ( ,OJ? 0 ~ X 0, N , I ,I! ' x i) // /, ) , ) , . x \ \\ '30 " x '0 '~" o ,~' 00;. OOc' S-'" '? 0' X X X o o WATER TREA1J.\ENT PlANT x o o 0' PAVE THIS AREA TO RECEiVE YARD WASTE AND STORE FINISHED COMPOST, PRODU7 : \ \ o o N ~)(d UPGRADED ON SITE ROAD 140 RESIDOOw.'E'CW:1Jm " 'DROP OFF AREA R 'V 170", ' '80 . ~~:::~-::~~~~ - ;;;.; ~=~ ---- -~,~ tI(\'i APPRoXi"MATEOEVELOPMOO uNn; 7 , "r%jW,~~~" ~^' // ,c! ;;)/ii'/;;: ' 'V ' 'If,!:{r{" n " , \..,0 "0\ ': \1.0 40",n : ' ~\.I qC ~C 10 60 ~O ItO p/' '" " r/ ,;/ x x -~ JOB No 33757114 DESIGNED. PROJ ENGINEER SCALE WARNING DRAWN BY APPROVED BY' 0 1/2 b........d 1"= 100' VCH I REVISION CHECKED BY IF BAR DOES NOT I URS DA"TE M~~'W.J;' ~L.l B/26/D4 ON DRAWING NOT TO SCALE. o N N ''';:: / / ( . , . 19D x 100 0 100 200 I I I I \ .0 /" ,:>0 \ 60 j SCALE IN FEET 10 ') ~o '00 'l.'l.0 - )~\o "~OO \90 \'DO x / I '<<\-" ;'0 <90 90 WASTE CONNECTIONS CITY OF PORT ANGELES TRANSFER STATION ROADWAY AND PAVING " x ~'3 NO'. 'l 0' ,,,\ x x 2"0 DRAWING NUMBER- P9 CAD FILE NUMBER P9 SHEET- Of' REV x '0 Task Name 1 Service Agreement Award 2 Permitting - ~~-~-~ ~ --- -"- ----- 3 Planning Permits 4 Construction-Related Permits 5 Operating Permits 6 Design 7 Project Development Plan (POP) 8 City Review & Approval of POP ~-- ~ --._- --- 9 Schematic Design 10 City Review - Schematic Design 11 50% Design -----~-~--- ----- --- -~- ------ -- 12 City Review - 50% Design 13 100% Design 14 Construction Permit Application ~ ~~ ~ ~ ~--~ - ----- ~ -~--- 15 City Review & Approval of100% Design 16 City Review & Approval of Construction PermIt Application 17 Construction --~ -- ----- --- 18 Construction Start 19 Construction - Ongoing 20 Construction - Complete ~-- - - --~- -- -- ~--"- 21 City Approval of Construction 22 Startup & Acceptance Testmg 23 Prepare & Submit As-Built Drawings -~-~-~~--- ----- ---- -- ----" -- ---- -- -- --- ----~~~ 24 City Review & Approval of Testing Results and As-Bullts 25 Preliminary Operations Plan 26 Final Operations Plan ~______ __ H__ . .__ 27 City Review & Approval of Operations Plan 28 Begin Commercial Operations 29 Financing 30 . -.-' Secure Bonding for Construction 31 Negotiate Subcontractor Scopes 32 Verify Subcontractor Bonding --~ ~ ---~--- 33 Pay Subcontractors Waste Connections of Washington, Inc October 29, 2004 Duration o days 479 days ---'1'29 days 60 days 464 days -- ----.'--- 152 days 17 days 10 days 20 days 10 days 45 days 10 days 40 days 40 days 20 days 20 days 224 days --~- o days 141 days o days 17 days 18 days 18 days 45 days 88 days 18 days 64 days o days 479 days 0._______ 60 days 30 days 15 days .___~_" ~ " HH___ 449 days Port Angeles Transfer Station Development Proposed Project Schedule Start Finish Mar 1 Mar 1 Mar 1 Dee 29 -~---- ---- - ----+--+- ------- Mar 1 Aug 26 Jul 4 Sep 23 Mar 22 Dec 29 ~------~- -- Feb 24 Sep 23 Feb 24 Mar 18 Mar21 Apr1 Apr4 Apr29 May 2 May 13 May 2 Jul 1 Jul4 Jul15 Jul4 Aug 26 Jul4 Aug 26 -..' Aug"29" Sep 23 Aug 29 Sep 23 Nov 23 Oct 2 ____ __H_ ._________ ___ Nov 23 Nov 23 Nov23 Jun7 Jun 7 Jun 7 Jun 8 Jun 30 Jul3 Jul26 Jun 8 Jul 3 "Ju"l31 ." Sep 29 Nov 23 Mar 24 Jun 8 Jul 3 -- - ----Juf4-. - ~-~---Sep-29 Oct 2 Oct 2 Mar 1 Dee 29 Aug 31 Nov 23 Mar 1 Apr 11 Mar 22 Apr 11 Apr 12 Dec 29 Qtr 1 , 2005 Jan Feb Qtr 4, 2005 Nov Dec Qtr 3, 2006 Jul Aug . 10/2 Qtr 1, Jan ~, 4.7 Compo II . . . City of Port Angeles 4.7 COMPONENT 11- WASTE TRANSPORT AND DISPOSAL 4.7.1 TECHNICAL AND COST PROPOSAL REQUIREMENTS A significant portIOn of costs in this component is the purchase of the tractors, containers and chassis to transfer the waste from Port Angeles to our landfill in Oregon. WCWI will staff this operation with six long-haul drivers seven days a week. The drivers will be WCWI employees with full benefits. Operating expenses will occur in the normal course of business as described below. WCWI will properly bond and insure the project and operations as required. See also Form 7.2 in Section 7.0 for all costs associated with the Technical and Cost Proposal for Component II. 4.7.2 COMPONENT II (WASTE TRANSPORT AND DISPOSAL) 4.7.2.1 Disposal Site Location The Finley Buttes Regional Sub-title D Landfill (FBRL) is located approximately 10 miles south of the intersection of 1-84 and Bombing Range Road on Bombing Range Road in Boardman, Morrow County, Oregon. See Figure 1. Ownership (or legal basis for use) The Finley Buttes Regional Landfill is owned by Waste Connections, Inc. Status of required permits (land-use, environmental, etc.) The Finley Buttes Regional Landfill has all operating permits in place. Copies of permits Copies of the following permits for Finley Buttes Regional Landfill are provided as an attachment to this section: . Conditional Use Permit, Morrow County Court, Morrow County, OR, July 22, 1987 . Solid Waste Disposal Site Permit, OR Department of Environmental Quality, November 23, 1999 . TItle V Operating Permit, OR Department of Environmental Quality, April 16, 2001 . Application to Renew Title V Operating Permit, OR Department of Environmental Quality, May 28,2003 Site capacity, in total developed area and permitted expansion area. The total permitted capacity at FBRL is 180,000,000 cubic yards. The remaining disposal capacity is approximately 169,000,000 cubic yards. At current annual disposal volumes the facility has a remaining site life of approximately 208 years. April 5, 2005 Waste Connections of .h-.. Washington, Inc. ""+' 4.7-1 Ot" of Port Angeles Figure 1. Finley Buttes Regional Landfill, located in Boardman, Oregon. 4.7-2 FVaste COllnectio1ls of' .~it. FVaslzingtoll, Inc. ~+,. Aprzl 5, 2005 City of Port Angeles . List of jUrisdictions in which disposal site is located (County, Port District, etc.). . . Finley Buttes Regional Landfill is located in Morrow County, Oregon. Description of backup disposal method, authorizatIOn for use, and site if primary landfill unavailable. In the event waste disposal at FBRL is temporarily interrupted, full waste containers will be stored onslte at the FBRL facility until disposal can be resumed. A container storage capacity of a minimum of 80 to 100 containers is available. When disposal is resumed, use of the two waste tippers, tractors and chassis during overtime and/or second and third shift will be implemented to reduce the container backlog. No additional trailers will be required. If the interruption in service lasts longer than three or four days, FBRL will begin transporting waste containers by truck to either the WCI-owned Wasco Landfill located in The Dalles, Oregon, or the Roosevelt Regional Landfill owned by Allied Waste Industries, with whom WCI has a reciprocal emergency back-up agreement in place. WCI can also access the Roosevelt Regional Landfill through the Tacoma rail intermodal facility, which has daily service to the landfill, should that become necessary until disposal can be resumed at the FBRL. The likelihood of long-term disruption of service at FBRL is considered remote. No disruptions have occurred to date. Proposed staffing. WCWI wIll hire a minimum of six (6) transfer truck drivers to transport empty and loaded intermodal containers of solid waste between the City of Port Angeles Transfer Station and the Northwest Container Services, Inc. (NWCS) Tacoma Intermodal Facility located in Tacoma, Washington. Please note that NWCS is now a subsidiary ofWCI (purchase to close on or before December 1,2004). See also Section 4.6.3 regarding staffing for the transfer station operations. FBRL has been operational and fully staffed since November 1990. No new staff is required to handle the City of Port Angeles waste stream. 4.7.2.2 Transportation Truck Transportation Leg Loaded contamers from the City of Port Angeles Transfer Station will be transported via tractor/chassis to the NWCS Tacoma Intermodal Facility for transfer to rail and shipped to FBRL located in Morrow County, Oregon. Empty containers will be returned via rail from FBRL to the NWCS rail hub in Tacoma and transported by tractor/chassis back to the Port Angeles Transfer Station for loading. See Map 1. Rail Haul Transportation Leg and Intermodal Facilities At the NWCS Tacoma Intermodal Facility loaded containers will be lifted by a top-pick directly onto rail cars. Empty containers will then be placed on the tractor/chassis combination to be returned to the Port Angeles Transfer Station. The loaded containers will be transported via rail to the Port of Morrow Port District Intermodal FacilIty (to be established prior to contract Start-up) or the Union Pacific Intermodal Facility in Hinkle, Oregon. See Map 1. April 5, 2005 Waste Connections of ..hilt Washington, Inc. ~+' 4.7-3 City of Port Angeles . When the loaded containers arrive at the Port of Morrow Port District Intermodal FacIlity, or the Union Pacific Hinkle, Oregon Intermodal FacilIty, they will be lifted off the rail cars onto an over-the-road chassis and tractor, and then trucked to FBRL. Every container will enter the landfill at the entrance/exit scales of the facility where they will be inspected for leakage and damage. Upon arrival at the tipping face of the landfill each container will be tipped and waste will be discharged into the actIve cell. Any residual waste left in the containers will be blown out with an air wand or swept out by broom and removed before exiting the tipping area. As the empty containers are leaving the landfill they are weighed at the landfill exit/entrance and inspected for damage before being released to return to the Port of Morrow Port District Intermodal Facility, or the Union Pacific Intermodal Facility in Hinkle, Oregon. The containers will be returned by rail transport to the NWCS Tacoma Intermodal Facility and then to the Port Angeles Transfer Station by truck. Equipment Tracking Monitoring and tracking of the containers during transport will be through an Electronic Data Interchange (EDI) computer network. The EDI software package allows communication among Union Pacific Railroad, FBRL, and the WCWI transportation coordinator located at Port Angeles Transfer Station. The railcar and container information are transmitted at regular intervals via internet connection and are accessible 24 hours a day. It is possible to track the rail cars and containers for location and actual status while en route. If needed in case of computer or software failure the Union Pacific railroad offers at 24- hour customer service support line. . Records of container numbers, weights, date of shipment arrival will be maintained by WCWI in Port Angeles and at FBRL. As each container crosses the scales at Finley Buttes, records will correspond the arrival date with the active landfill cell for disposal. Equipment Waste Containers: The maintenance of the specially designed forty (40) foot to forty-eight (48) foot open top-load and closed rear-load solid waste containers will include the following activities. Visual inspections will be made by WCWI and NWCS trained employees and inspectors at both rail loading and unloading facilities as well as the landfill tipping area. Container inspection checklists and repair forms will be distributed to both facilities for proper documentation of needed maintenance. As needed, the empty containers will be steam cleaned, repaired and painted at the Finley Buttes and NWCS repair facilities to ensure a clean, quality controlled operation prior to returning to Port Angeles Transfer Station. Items included on the container checklist will include: gaskets, seals, tarps, hinge, floor, sides, top, vent, liner and other comments. If a problem container is identified at the transfer station, the inspection checklist will be transmitted to the Finley Buttes Landfill or NWCS repair facilities so they can intercept the container when it arrives. Container inspections are also conducted by the railroads operating personnel each time they accept the lading for shipment. Both loaded and empty containers must comply with federal railroad standards prior to movement. . 4.7-4 Waste ConnectIOns of ,htlt. Washington, Inc. "11II\.,. April 5, 2005 City of Port Angeles . Rolling Stock Yard Tractor: A tractor-like vehicle (commonly called a "yard goat") will be used in the movement of containers at the transfer station and at the intermodal facilities. The yard tractor is used to pull the chassis bearing the container into and out of the loadmg bay at the transfer station, and to transport the containers at the intermodal facility. The Port Angeles Transfer Station will use one yard goat. Top Picks: Top Picks will be used to move containers between rail cars and chassis. WCWI plans to have up two (2) top picks at the NWCS Tacoma Intermodal facility and up to two (2) top picks at the Port of Morrow Port District Intermodal Facility, or the Union Pacific Intermodal Facility in Hinkle. Oregon. Rail Cars: The primary rail car used for the facility is a 70-foot, single unit double stack DTTX. The DTTX has one well capable of carrying two 40 to 48-foot ISO shipping containers. The rail cars that will be provIded by the Union Pacific raIlroad will require the following maintenance schedule. The Federal Railroad Administration (FRA) requires railcar inspections every 1000 miles by an Association of American Railroads (ARR) inspector. Major overhauls are required every 300,000 miles replacing or repairing the trucks, bearings, axles and air hoses. The Union Pacific railroad will provide the required inspection, mamtenance and repair of the rail cars by certified ARR personnel. . - Locomotives: Rail locomotives most likely to be used in this project will be General Motors Model GP40 or a similar model. This 4-axle, diesel powered locomotive generates 4,000 horsepower, has dimensions of 59'L, 11 '3"W and 13' 5" H, and weighs approximately 271,000 pounds. Fuel capacity is 3,600 gallons. The estimated useful life of this locomotive is 10 millIon miles. The maximum speed of the GP40 is 70 mph, with loaded pulling capabilities of 60 mph. Depending on the number of locomotives; a train can exceed over 8,000 tons in weight. The locomotives will be provided by Union Pacific railroad. Maintenance schedules for common service are more frequent than for rail cars. Each time a locomotive is slotted for movement it is "blue flagged" meaning it cannot move until the operating checklist is approved. The checklist includes minor maintenance such a liquid levels, brakes, communication radios, and gauges. Depending on the locomotive size and terram, major overhauls are usually required everyone 800,000 to 1,000,000 miles. Part of the locomotive engineer's duties of operation is inspecting and reported any needed maintenance. Chassis: Strick 53' Chassis or equivalent wIll be used to transport containers between the Port Angeles Transfer Station, the NWCS Tacoma Intermodal Facility and the Port of Morrow Port District Intermodal Facility, or the Union Pacific Intermodal Facility in Hinkle, Oregon, and FBRL. A minimum of nine (9) chassis will be available between the Port Angeles Transfer Station and NWCS Tacoma Intermodal Facility and up to six (6) chassis between the Port of Morrow Port District Intermodal Facility, or the Union Pacific Rail Intermodal Facility in Hinkle, Oregon, and FBRL at all times. Trucks: Road tractors, such as 359 Peterbilts or equivalent will be used to transport containers between the Port Angeles Transfer Station, the Tacoma Intermodal Facility, the Port of Morrow Port District Intermodal Facility, and/or the Union Pacific Intermodal Facility in Hinkle Oregon, and FBRL. A minimum of four (4) road tractors are available at the Port Angeles Transfer Facility, and a minimum of six (6) road tractors are available between to Port of Morrow or Hinkle, Oregon Intermodal Facilities and FBRL at all times. . 4.7-5 Waste Connections of .-ft. Washington, Inc. """.r April 5, 2005 City of Port Angeles . Describe backup transportation modes during emergencies, strikes, inclement weather, etc. . . In the event of emergencies, strikes or inclement weather, WCWI will use alternative waste handling, transport and disposal facilities. See Map 2 for additional information on WCWI's contingency transportation options for the Port Angeles Transfer Station. Intermodal Facilities: Should the NWCS Tacoma Intermodal Facility become incapable of loading containers onto the rail cars for a short period of time, the containers will be trucked to/from the LRl Tacoma Intermodal Facility, and/or the Tidewater Barge Lines Intermodal/Barge FacIlity located in Vancouver, Washington. See Map 2. Rail transport: If, for any reason, service on Union Pacific Railroad mainline route is unavailable to provide direct rail service to FBRL, WCWI personnel will determine the appropriate alternative route to be used until UP rail service can be restored. WCWI can transport and ship loaded solid waste containers through the LRI/BNSF Intermodal facility located in Tacoma, Washington with daily direct service to the Roosevelt Regional Landfill. The Roosevelt Regional Landfill acts as WCWI's reciprocal emergency back-up landfill for municipal contracts and is located in Roosevelt, Washington. See Map 2. Barge transport: WCWI can also utilize the Tidewater Barge Lines Vancouver, Washington facility as a transportation alternative to reach the FBRL in the event rail service is interrupted on both the UP and BNSF lInes. Loaded containers would be transported by truck from the Port Angeles Transfer Station to the Vancouver, Washington Tidewater barge facility for transfer and shipping via barge to the FBRL. See Map 2. Truck transport: Tractor/chassis combinations can be used to transport loaded containers over any of the alternative routes and to any of the mentioned back-up facilities, as well as, utilized to transport loaded containers directly to the FBRL, or any other permitted back-up landfill facilities in the event rail and barge services are unavailable. See Map 2. Describe the ownership of transportation equipment and facilities, or the legal basis for use of such equipment and facilities. WCWI will own the associated equipment at the Port Angeles Transfer Station and at FBRL. WCI has purchased Northwest Container Services, Inc. (to close on or before December 1, 2004), which operates the Tacoma Intermodal Facility. WCWI will contract with the Port of Morrow Port Distnct, whIch owns the Port of Morrow Intermodal Facility, and/or the Union Pacific Railroad, which owns the Hinkle, Oregon Intermodal Facility. The Union Pacific RaIlroad owns all locomotives, railcars, and mainline tracks. The Union Pacific Railroad will be responsible for providing the rail haul of waste to the Port of Morrow, Oregon, and/or the Hinkle, Oregon Intermodal Facility, which serves the Finley Buttes Regional Landfill. Status of permits required. No specific permits are reqUIred for municipal solid waste hauling other than regular commercial vehicle licenses. April 5, 2005 Waste Connections of ..-It. Washington, Inc. "".r 4.7-6 City of Port Angeles . 4.7.2.3 Integrate Additional Waste Streams Describe methods to integrate additional jurisdictions or other solid waste generators within the City's proposed solid waste management system. The City of Port Angeles Transfer Station and waste management system co-developed by WCWI and the City of Port Angeles is being developed to be expandable in the event other neighboring jurisdictions are added to the system. Jurisdictions such as the City ofSequim, the City of Forks, and the Makah Indian Tribe can be added easily as those bidding opportunities become available. WCWI will attempt to work with the City of Port Angeles and the other jUrIsdictions to collaborate and incorporate their waste streams under the parameters of the contract ifWCWI is the successful bidder. Describe opportunities to incorporate Jefferson County (Port Townsend-basedfacility) MSW into Service Component II. WCWI is designing the City of Port Angeles waste management system to be expandable to comfortably allow the addition of solid waste customers such as Jefferson County. WCWI is the parent company of Murrey's Olympic Disposal and possesses the WUTC authority to collect solid waste in both Jefferson and Clallam counties; Murrey's currently is contracted to the City of Port Townsend for solid waste and recycling collections. Allowing Jefferson County to sign onto the existing contract between Port Angeles and WCWI could be accomplished very easily and could potentially provide a variety of synergistic benefits to both counties. . 4.7.2.4 Contingency Plans WCWI's proposed long haul infrastructure, operating agreements, staff, equipment and disposal facilities are fully operational at this time. Contingency plans for alternative transport of waste are also described in Section 4.7.2.2. Please see also Section 4.6.2.10. In the event that the City decides that the active landfill can no longer accept waste, and waste disposal at the landfill is halted prior to complete construction of the Port Angeles Transfer Station, a contingency plan would be implemented to enable waste to be transported and disposed off-site. The plan would use existing site infrastructure, including the Z-wall, to accomplish waste transfer and off-site transport and disposal. Details of the plan depend greatly on how far along construction of the transfer station is when the landfill closes. Options to minimize traffic problems include restricting the hours and days for both self-haulers and commercial haulers (to minimize overlap) and the use of additional spotters to direct traffic. Depending on construction progress, it may be possible to send small numbers of haulers to the partially-finished transfer building to unload directly into open-top trailers/containers. The Z-wall may be modified to allow packer trucks to tip on the ground and a loader push the waste into the trailers. In the event of emergencies, strikes or inclement weather, WCWI offers the City of Port Angeles a broad range of alternative waste handling, transport and disposal facility options. These options can be combined in a number of ways to allow the problem to be addressed specifically and cost effectively, with minimal operational impact. . Example scenarios include fire; explosion; release of toxic or hazardous substances; work stoppage by WCWI employees or non-affiliated parties; emergency weather conditions (snow, flooding); impassable roadways; building structural or equipment failure; power outages (both short and long-term); discovery of the receipt of unacceptable wastes; handling of disaster wastes; etc. The Contingency Plan will list the 4.7-7 Waste Connections of .hlt. Washington, Inc. "".' April 5, 2005 City of Port Angeles . response actions for each scenario. Depending on waste characteristics and quantities, response actIOns could include on-site storage of various wastes in containers, in the transfer buIlding, at the MHR area or MRWF. Some wastes might be immediately loaded into trailers or ISO containers and stored on-site or hauled immediately. In some instances, a rapid response to and cleanup of the emergency (e.g. on-site spill of toxic materials) will have a higher pnority than reinstating normal MSW-handling procedures. WCWI contingency long haul transportation and disposal options include the following: Intermodal Facilities: Should the Tacoma NWCS Intermodal Facility become incapable of loading containers onto the rail cars for a short period of time, the containers will be trucked to/from the LRI Tacoma Intermodal Facility, and/or the Tidewater Barge Lines Intermodal/Barge Facility located in Vancouver, Washington. Rail transport: If, for any reason, service on Union Pacific UP railroad mainline route is unavailable to provide direct rail service to FBRL, WCWI personnel will determine the appropriate alternative route to be used until UP rail service can be restored. WCWI can also transport and ship loaded solid waste containers through the LRI/BNSF intermodal facility in Tacoma, Washington with daily direct service to the Roosevelt Regional Landfill. The Roosevelt Regional Landfill acts as WCWI's reciprocal emergency back-up landfill for municipal contracts and is located in Roosevelt, Washington. See Map 2. . Barge transport: WCWI can also utihze the Tidewater Barge Lines Vancouver, Washington facility as a transportation alternative to reach the FBRL in the event rail service is interrupted on both the UP and BNSF lines. Loaded containers would be transported by truck from the Port Angeles Transfer Station to the Vancouver, Washington Tidewater barge facility for transfer and shipping via barge to the FBRL. See Map 2. Truck transport: Trucks can be used to transport loaded containers over any of the alternative routes and to any of the mentioned back-up facilities, as well as, utilized to transport loaded containers directly to the FBRL, or any other permitted back-up landfill facilities in the event rail and barge services are unavailable. See Map 2. . 4.7-8 Waste Connections of .h. Washington, Inc. ".' April 5, 2005 . . . f l Legend - Primary Train Route (Union Pacific) - Primary Truck Route H Ighway/l nterstate Railroad ! i Oregon ~ WASTE CONNECTIONS INC. Map 1 Primary Transportation Route . . . I Legend - Primary Train Route (Union Pacific) Alternate Train Route (Burlington Northern) Pnmary Truck Route Alternate Truck Route Alternate Barge Route (from Tidewater) Highway/Interstate Railroad - t 1 ~ a ~ Oregon ~ WASTE CoNNECTIONS INC. Map 2 Alternate Transportation Routes .~ ~I Permit Number 394 EXpiration Date' September 30, 2009 Page 1 of 39 SOLID WASTE DISPOSAL SITE PERMIT: Municipal solid waste landfill Oregon Department of Environmental Quality 400 E. Scenic Dr., Suite 307 The Dalles, OR 97058 Telephone: (541) 298-7255 Issued in accordance with the provisrom> of ORS Cfrapter 459""" and subject to the land use compatibility statement referenced below. ISSUED TO: FACILITY NAME AND LOCATION: Finley Buttes landfill Company P.O Box 61726 Vancouver, WA 98666 Telephone Number: 503/288-7844 Finley Buttes Regional landfill Section 5, T2N, R26E, W M. and Section 32, T3N, R26E, W.M. Morrow County . OWNER: Finley Buttes landfill Company OPERA TOR: Flnlev Buttes landfill Company ISSUED IN RESPONSE TO: . a solid waste permit renewal application received August 24, 1998. . a land Use Compatibility Statement from Morrow CountY- Plannln9-.De~artment dated September 24, 1987 The determlnatJon to issue thIs permit is based on findings and technical information included In the permit record ISSUED BY THE OREGON DEPARTMENT OF ENVIRONMENTAL QUALITY ct~ ~~ Elizab~ Druback, Manager, Solid Waste and Tanks, Eastem Region /I J "Z.J, ) "1 C, , Date Permitted Activities Until such time as this permit expires or is r:nodified or revoked, the Permittee is authorized to expand, operate and maintain a solid waste land disposal site in conformance with tb.e requirements, limitations, and conditions ~~t forth in this document including all attachments. . ~ ~ Permit Number' 394 EXpiration Date: September 30, 2009 Page 2 of 39 . " TABLE OF CONTENTS Introduction In this document This document IS a solid waste permit Issued by the Oregon Department of Environmental Quality in accordance with Oregon Revised Statutes (ORS) 459 and Oregon Administrative Rules (OAR), Chapter 340 thiS document contams the followmg sections: ~Sectron. ~"-;'l"'_:-~ ... -~ ~~"~;'""~':-~~;t.rf^~'~~~~:ro'pr~r/~~~.~~....._~~....:f~~:'--:.~~~: ,,- See Page - .: --.... ='- -....lv"..'..,;:..,'!:_'- ~-'I.o- ",.~..:e,. ~""'~""-N-:(.. ~.' -. .-.I"~-~ .' ..:::::t...~ 7"____-,:__..... ~':-,,,,...-' -~-~':"..~s:--..:r ,.....~ # ~_.r; ..'<~_ ",~."'~"~ -tNi.-. c: -:."1'.~~::..-wt...,:.;;,..;.; :_ ..~--... , -.- - Permit Administration 3 1.0 Issuance 3 2.0 Disclaimers 4 3.0 I Authority 4 4:0 Permit Modification 5 - Allowable Activities 6 5.0 Authorizations 6 6.Q Prohibitions 8 -- Operations and Design 9 7.0 Operations Plan 9 8.0 Recordkeepmg and Reporting - Operations 11 9.0 Specific Operating Conditions 13 10.0 Site Development and Design 16 11.0 Recycling Requirements 19 - Environmental Monitoring 20 12.0 EnVironmental MOnltonng Plan 20 13.0 EnVironmental $ampllng ReqUirements 23 14.0 Establish Permit-Specific Concentration Limits 25 15.0 EnVironmental Monltonng Standards 26 16.0 Recordkeepmg and Reporting - Environmental Monitoring 29 17.0 EnVironmental MOnltonng Network 31 - Site Closure 33 18.0 Closure Construction and Mamtenance 33 19.0 Fmanclal Assurance 35 - Compliance Schedule 36 20.0 Summary of Due Dates 36 . . ~ .~ .1.5 1.6 1.7 1.8 . 1.0 ISSUANCE 1.1 In this section 1.2 Permittee 1.3 Permit number 1.4 Permit tenn Facility type Facility owner! operator Basis for issuance Definitions PermIt Number' 394 ExpIration Date: September 30,2009 Page 3 of 39 PERMIT ADMINISTRATION ThIS section describes the parameters surrounding permIt Issuance, Including the following information: . Penrnittee . Penrnit number . Penrnit tenrn . Facility type . Facility owner/operator . Basis for issuance, and . Definitions This penrnlt is issued to Finley Buttes Landfill Company This penrnit will be referred to as Solid Waste Permit Number 394. The issue date of this permit is the date signed by the Regional Administrator. The eXpiratIon date of this permit is September 30, 2009. The facility is permitted as a municipal solid waste landfill. The owner of thIs facility is: Finley Buttes Landfill Company The operator of this facility is: Finley Buttes Landfill Company This permit is Issued based upon the follOWing documents submitted by the Permittee: · A solid waste permit renewal application form receIved August 24, 1998, and . A Land Use Compatibility Statement from Morrow County Planning Department dated September 24. 1987. Unless otherwIse specified, all terms are as defined in OAR 340-93-030. ~ ~ 2.0 DISCLAIMERS 2.1 In this section 2.2 Property rights 2.3 Department liability 3.0 AUTHORITY 3.1 In this section 3.2 Ten-year permit 3.3 Documents superseded 3.4 Binding nature 3.5 Other compliance 3.6 Penalties Permit Number: 394 Expiration Date. September 30, 2009 Page 4 of 39 . This section describes disclaimer information for the Department, including property nghts and Department liabilIty. The issuance of thiS permit does not convey any property nghts m eIther real or personal property, or any exclusive privileges, nor does it authonze any Injury to private property or any InvaSion of personal rights. - The Department, ItS officers, agents, or employees do not sustam any liability on account of the issuance of this permit or on account of the construction, mamtenance, or operation of facilities pursuant to this permit. ThIS section describes the authority of the Oregon Department of Environmental Quality to issue thiS permit, including the followmg mformation: · Ten-year permit . Documents superseded · Binding nature . Other compliance, and . Penalties . This permit is issued for a maximum of 10 years as authonzed by Oregon Revised Statutes 459.245(2). ThiS document IS the pnmary solid waste permit for the facility, superseding all prevIous solid waste permits and permit addenda issued for the Finley Buttes Regional Landfill by the Department. Conditions of thiS permit are binding upon the Permittee. The Permittee is liable for all acts and omissions of the Permittee's contractors and agents. Issuance of this permit does not relieve the Permittee from the responsibility to comply with all other applicable federal, state, or local laws or regulations. This includes the following solid waste requirements, as well as all updates or additions to these requirements. . solid waste permit renewal application receIved August 24, 1998. . Oregon Revised Statutes, Chapters 459 and 459A · Oregon Administrative Rules Chapter 340, and . any documents submitted by the Permittee and approved by the Department. Violation of permit conditions may subject the Permittee to civil penalties for each day of each violation . . ~ .~ , , Permit Number: 394 EXpiration Date. September 30,2009 Page 5 of 39 4.0 PERMIT MODIFICATION 4.1 In this section 4.2 Five-year review .4.3 Modification 4.4 Modification and revocation by Department 4.5 Modification by Permittee 4.6 Public participation 4.7 Changes in ownership . This section descnbes information about modification of this permit, including: . Five-year review . Modification . Modification by Department . Modification by Permittee . Public participation, and . Changes In ownership Between the 4th and 6th year of the life of the permit, the Department will review the permit and determine whether or not the permit should be amended. While not an exclusive list, the following factors will be used In making that determination. · compliance hIstory of the facility . changes In volume, waste compositIon, or operations at the facility . changes In state or federal rules which should be Incorporated into the permit . a significant release of leachate or landfill gas to the environment from the facility . Significant changes to a Department-approved site development plan and/or conceptual design At any time in the life of the permit, the Department or the Permittee may propose changes to the permit. The Director may, at any time before the expiration date, modIfy, suspend, or revoke this permit In whole or In part, in accordance with Oregon Revised Statutes 459.255, for reasons Including but not limited to the following: . violation of any terms or conditions of this permit or any applicable statute, rule, standard, or order of the Commission . obtaining this permit by misrepresentation or failure to disclose fully all relevant facts, or . a Significant change In the quantity or character of solid waste received or In the operation of the disposal site The Permittee must apply for a modification to this permit if there is a Significant change in facility operations or a deviation from activities described In this document. Significant changes in the permit will be made public by the issuance of a public notice as required by Department rules. The Permittee must report to the Department any changes in either ownership of the disposal site property or of the name and address of the Permittee or operator within ten (10) days of the change. ~ ~ .....- - - " Permit Number: 394 EXpiration Date: September 30, 2009 Page 6 of 39 . ALLOWABLE ACTIVITIES 5.0 AUTHORIZATIONS 5.1 In this section 5.2 Wastes authorized for receipt 5.3 Authorization of other wastes 5.4 Authorization of activities This section describes the activities the Permittee IS authorized to conduct, including: . Wastes authorized for receipt . Authorization of other wastes . Authorization of other activities . Tires · Salvaging and recycling, and · Special wastes This permit authorizes the facility to accept solid wastes as defined In ORS 459.005, except non-digested sewage sludges and septic tank pumpings, and free liqUids other than those incidental free liquids associated with solid waste collection and transportation. Wastes excluded from the above authorization may be authorized for acceptance If: . the Permittee develops a special waste management plan and submits it to the Department for approval · the Department approves the special waste management plan, and . the Permittee can demonstrate that the materials do not constitute hazardous waste. as defined by state and federal regulations . All facility actiVities are to be conducted In accordance with the proVisions of this permit. All plans required by thiS permit become part of the permit by reference once approved by the Department. Any conditions of the approval are also incorporated into this permit unless contested by the Permittee within 30 days of the receipt of a conditional approval. . ~o .~ 5.6 .5.7 . 5.5 Tires Salvaging and recycling Special wastes Permit Number' 394 Expiration Date. September 3D, 2009 Page 7 of 39 This permit authonzes the facility to accept up to 30,000 whole tires for storage while awaiting processing Whole tIres must be stored in compliance with OAR 340-64-035 and the Department-approved Operations Plan/Manual. Whole waste tires shall not be dIsposed of in the landfill, except in accordance with OAR 340-64-052. Unless otherwise approved by the Department, whole waste tires may be disposed of in the landfill only If the tIres' a. are from vehicles not normally used on the highway, and the tires have been determined to be exempt from OAR 340-64-052(1) banning whole tire disposal; OR b. have been processed into tire chips such that: . the amount of exposed steel belt is minimized; and . the whole tire volume is reduced by at least 65 percent, as demonstrated by the test specified In OAR 340-65-052(3) and the monitoring program described In the Department approved Operations Plan/Manual. Unless otherwise approved by the Department, waste tire chips disposed of In the landfill must be spread Into a thin layer on the working face to help dissipate any heat buildup form pOSSible exothermiC reactions within the tire chips. Salvaging and recycling are authorized if conducted in a controlled and orderly manner. Special wastes maybe accepted In accordance with the Department approved Operation Plan/Manual or Department approved amendments to the Plan/Manual ~ ,;:~ ~ '. 6.0 PROHIBITIONS 6.1 In this section 6.2 Hazardous waste disposal 6.3 Liquid waste disposal 6.4 Vehicle disposal 6.5 Used oil disposal 6.6 Battery disposal 6.7 Recyclable material disposal PermIt Number: 394 EXpiration Date September 30, 2009 Page 8 of 39 . This section descnbes specific activities the Permittee is prohibited from conducting, including. . Hazardous waste disposal . Liquid waste disposal . Vehicle disposal . Used oil disposal . Battery disposal . Recyclable matenal disposal . Open burning; and . Large appliances The Permittee must not accept hazardous wastes. Reference: Hazardous wastes are defined in ORS 466 005 and OAR 340 Division 101 The Permittee must not accept liquid waste for disposal. Definition' Liquid wastes are wastes that do not pass the paint filter test performed in accordance with EPA Method 9095. . The PermIttee must not accept discarded or abandoned vehicles for disposal. The Permittee must not accept used 011 for disposal. The Permittee must not accept lead-acid batteries for disposal. The PermIttee must not landfill or dispose of any source separated recyclable material brought to the disposal site. Exception If the source separated matenal is determined to be in a condition which makes the material unusable or not recyclable then it may be landfilled. This determination must be made after consultation with the Department. 6.8 Open burning The Permittee must not conduct any open burning at the site. 6.9 Large Appliances The Permittee must not knowingly accept for disposal large metal-jacketed residential, commercial, and Industnal appliances such as refrigerators, washers, stoves, and water heaters. . ~ .~ " Permit Number' 394 Expiration Date September 30,2009 Page 9 of 39 OPERATIONS AND DESIGN 7.0 OPERATIONS PLAN 7.1 In this section 7.2 Operations , Plan 7.3 Plan content . This section describes the requirements associated with a facility Operations Plan, including. ......l r, . Operations Plan - \'2w/5bc:l.. OP~ pto.f\ c\o.1cl q h16/0D - rJv.~ Swl;.l'I/..\ t \O..X G'<\ ~/.a.'\ \ Dt), . Plan Content - . Operations and Maintenance Manual . Plan and Manual maintenance . Plan and Manual Compliance, and . Submittal address The facility shall be operated In accordance with the Operations Plan titled "Operation and Maintenance Manual Finley Buttes Landfill Boardman, Oregon June 1992" approved by the Department August 6, 1992. and subsequent Department approved revisions to the plan. Upon approval, this plan and subsequent revisions to the plan are Incorporated into this permit by reference The Operations Plan must describe the operation of the disposal site in accordance with all regulatory and permit requirements, Including the following: ~Conterit~area~3il j::~~." (:')~~::!1r~ll~~Desciibe plans~f6r~~~S7~: :..2;SJ.:~~~~:"':':'; General operations . handling and removal of unauthorized wastes discovered at the facIlity . management of landfill gas . management of landfill leachate . surface water and erosion control structure design . non-compliance response Disposal operatIons . placement of daily and Intermediate cover . detecting and preventing the disposal of regulated hazardous wastes, polychlOrinated biphenyl wastes, and any other unacceptable wastes as determined by the Department . disposal of putrescible wastes . disposal of cleanup materials contaminated with hazardous substances . fill progression and phasing . ~ ~ Permit Number: 394 Expiration Date September 30. 2009 Page 10 of 39 . Special waste . Identifying and characterizing wastes which required special management plan management or waste streams not otherwise authorized by the permit . describe procedures for tracking and reporting all special wastes . load check procedures . identifying the source of all special wastes . determining appropnate handling procedures . documenting plan Implementation, including waste characterization References. OAR 340-93-190, OAR 340-94-040[11][b][J] . Inspection and . washing equipment maintenance . maintaining leachate and gas collection systems . maintaining surface water control structures Operating record . operating record location Contingency . providing fire protection equipment . notificatIon of emergencies and fires to Department 7.4 Operations and Maintenance Manual 7.5 Plan and Manual maintenance 7.6 Plan and Manual compliance 7.7 Submittal address Reference: OAR 340-94-040 describes requirements for preparation of an Operations Plan. Within 90 days of permit issuance, the Permittee must update the Operations and Maintenance Manual which deSCribes speCific procedures tor conducting routine and emergency operations at the site. A copy of the Operations and Maintenance Manual must be maIntained in the Operating Record location and be available for Department review. . The Permittee must revise both the Operations Plan and the Operations and Maintenance Manual as necessary to keep them current and reflective of current facility conditions and procedures. The Permittee must submit Operations Plan revisions to the Department for approval. The Permittee must conduct all operations at the facility In accordance with the approved Operations Plan, Including any amendments, and the Operations and Maintenance Manual. All submittals to the Department under thiS section must be sent to: Oregon Department of EnVIronmental Quality Manager, Solid Waste Program 400 E. Scenic Dnve, SUite #307 The Dalles, OR 97058 (541) 298-7255 . ~ et;:~ ~I Permit Number 394 EXpiration Date September 30,2009 Page 11 of 39 8.0 RECORDKEEPING AND REPORTING - OPERATIONS 8.1 In this section 8.2 Non- compliance reporting 8.3 Permit e8.4 display Access to records 8.5 Procedure e This section descnbes record keeping and reporting operational information for the facility. Including . non-compliance reporting . permit display . access to records . procedure, and . submittal address In the event that any condition of this permit or of the Department's rules IS Violated, the Permittee must immediately take action to correct the unauthorized condition and Immediately notify the Department at: (541) 276-4063 Response. In response to such a notification, the Department may conduct an investigation to evaluate the nature and extent of the problem, and to evaluate plans for additional corrective actions, as necessary The Permittee must display thiS permit, or a photocopy thereof, where it can be readily referred to by operating personnel Upon request, the Permittee must make all records and reports related to the permitted facility available to the Department. The Permittee must keep records and submit reports according to the following Step Action 1 Establish a location for the Operating Record at the facility or another location mutually agreed with the Department. 2 Place information required by 40 CFR 258.29(a) in the Operating Record. 3 Collect information during facility operations on the amount of each type of solid waste received, recording "0" if the waste is not received. At a minimum, the following types of waste must be separately Identified, and be categorized as being either in- or out-of-state wastes: . municipal solid waste . industnal solid waste . contaminated cleanup matenal, including petroleum-contaminated soil . approved alternative dally cover 4 Collect information about the amount of each material recovered for recycling or other beneficial purpose each quarter ~ ~ 8.6 Submittal address Permit Number: 394 Expiration Date: September 30, 2009 Page 12 of 39 5 Submit the information collected in Step 3 above on the Solid Waste Disposal Report/Fee CalculatIon form provided by the Department Pay solid waste fees as required by OAR 340-97. Date due the last day of the month following the end of the calendar quarter 6 Submit the information collected in Step 4 above, on a form provided or approved by the Department, to the wasteshed representative. - Date due: January 25th of each year 7 Retain copies of all records and reports for five years from the date created. 8 Update all records such that they reflect current conditions at the facility. All submittals to the Department under thIs section must be sent to: Oregon Department of Environmental Quality Waste Management and Cleanup Division Solid Waste Program 811 S.W. Sixth Ave. Portland, OR 97204 (503)229-5913 . . . ~ .~ , , Permit Number: 394 EXpiration Date September 30, 2009 Page 13 of 39 9.0 SPECIFIC OPERATING CONDITIONS 9.1 In this section . 9.2 Discovery of prohibited waste 9.3 Daily cover 9.4 Interim cover This section describes specific conditions to which site operations must conform. including . Discovery of prohibited waste . Daily cover . Interim cover . Surface water structures . Asbestos waste management . Leachate management systems . Transfer containers . Litter control . Vector control . Equipment wash . Air emissions . On-site roads . Landfill gas management, and . Signs Any solid wastes discovered at the facilIty which appear to be prohibited waste must be isolated or removed Immediately. Non-hazardous prohibited waste must, within one week, be transported to a disposal site authorized to accept such waste, unless otherwise approved by the Department. In the event discovered wastes are hazardous or suspected to be hazardous, the Permittee must, within 48 hours, notify the Department and initiate procedures to identify and remove the waste. Hazardous wastes must be removed within 90 days, unless otherwise approved by the Department. Temporary storage and transportation must be carried out in accordance with the rules of the Department. All solid wastes must be covered with a layer of six Inches of compacted soil or an approved alternative dally cover of equivalent performance at the end of each working day. Intermediate (intem) cover must be placed on top of each advancing lift as specified in the Department-approved Operations and Maintenance Manual and Design plans. 9.5 Surface water All storm water drainage structures must be maintained in good functional condition. structures Any Significant damage must be reported to the Department and repairs made as soon as possible. . 9.6 9.7 9.8 9.9 9.10 9.11 ~ ~ ~I , , Asbestos waste management Leachate Management Systems Transfer Containers Litter Control Vector Control Equipment Washwater PermIt Number' 394 EXpIratIon Date. September 30, 2009 Page 14 of 39 . Off loading and disposal of fnable asbestos-containing solid waste must be conducted as specified In the Department-approved OperatIons Plan and Operations Manual and in accordance wIth 40 CFR Parts 61 and 763 and OAR 340-32 The Permittee shall construct. operate and maintain In good functional condition all leachate containment, collection, detection, removal, storage and treatment systems approved by the Department Leachate shall be continuously removed from all landfill leachate collection systems, such that hydraulic head on the bottom liner IS minimized and does not exceed 30 cm (1 foot) The leachate collectIon, containment, removal and treatment system shall be maintained in accordance with the Department approved Operations and Maintenance Manual. Leachate or sludge shall not be removed from the leachate evaporation pond, except as approved In writing by the Department or In accordance with the Department approved OperatIons and Maintenance Manual. Public access to the leachate storage and evaporation lagoon shall be controlled by fencing (the site penmeter fence) and gates that shall be locked when the disposal site is closed. Transfer containers used for transportatIon of regional solId waste shall be emptied within seventy two hours of receipt, unless prevented by unexpected conditions, such as frozen contents, suspicIous waste content, damaged containers, etc In which case contents shall be unloaded as soon as feasible. . All transfer containers owned by Finley Buttes Landfill Company used for solid waste transport on public roads shall be constructed, maintained, and operated so as to prevent leaking, shifting, or spilling of solid waste while in transit Blowing debris shall be controlled such that the entire disposal site and adjacent lands are maintained reasonably free of litter at all times. Any debris that escapes the disposal site shall be retrieved and properly disposed of as soon as practicable. The landfill disposal site and public receiving station shall be operated and maintained in a manner that deters to the maximum extent practicable the attraction of birds, insects and rodents The permittee shall operate and maintain any truck, container, or equipment washing in a clean and nuisance free condition. Disposal of wastewater from washing shall be accomplished in accordance with the approved Operations and Maintenance Manual. . ~ eRi , , 9.12 Air emissions 9.13 On-site roads 9.14 Landfill gas management 9.15 Signs e e Permit Number' 394 Expiration Date: September 30, 2009 Page 15 of 39 Air emiSSions (dust, malodors, air tOXICS, etc.) from construction, operation and all other activities at the disposal site shall be controlled In compliance with Oregon air quality standards, "preventIon of Significant deterioration" Increments (OAR 340-31-005 through 340-31-130), and the Department's interim policy on air toxics (as expressed in the letter from Ron Householder to EPA (George Abel) April 15, 1987). Roads from the landfill property line to the active disposal area shall be constructed and maintained to minimize traffic hazards, dust and mud, and to provide reasonable all- weather vehicle access to the site. Landfill gas must be controlled in accordance with the requirements of 40 CFR Parts 51, 52 and 60. Landfill gas collection, containment, removal and treatment systems shall be maintained in good functional condition. Signs which clearly state the disposal area rules shall be posted to facilitate compliance with the approved Operations Plan. A clearly visible and legible sign shall be erected at the site entrance to provide the following information: . Name of the facility . Emergency telephone numbers . Days and hours site IS open . Authorized or prohibited wastes, and . Current Solid Waste Permit Number ~ ~ Permit Number' 394 Expiration Date September 30 2009 Page 16 of 39 . 10.0 SITE DEVELOPMENT AND DESIGN 10.1 In this section 10.2 Baseline design criteria This section describes site development and design requirements for continued use of the landfill, or any landfill expansion or new facility construction, including . Baseline deSign cntena . Site development plan . Stability monltonng . Design plans . Construction requirements . Construction documents . Construction inspection . Construction report submittal . Construction report content . Approval to use, and · Submittal address Conceptual and detailed plans submitted for a new MSW landfill disposal unit pursuant to this permit shall provide for the following Information: . A composite liner system which includes an approved geomembrane liner (not less than 60 mils In thickness when using high density polyethylene, and not less than 30 mils of thickness for other types of approved geomembranes) and at least two feet of compacted sOil haVing an In-place permeability not greater than 1 X 10-7 cm/sec, or an alternative liner approved by the Department pursuant to 40 CFR Part 258 40(a)(1) . A 'primary leachate collection and removal system (LCRS) which fully covers the liner system, As required by 40 CFR 258.40(a)(2), the pnmary LCRS must function to maintain less than a 30-cm (1 foot) depth of leachate over the liner, All leachate collection pipes must be serviceable by clean-outs, . A secondary leachate collection and removal system(s) designed to effectively monitor the performance of the overlYing composite liner system. The secondary leachate collection and removal system(s)'must, at a minimum, be' (1) capable of detecting and collecting leachate at locations of maximum leak probability, and (2) hydraulically separate from groundwater to prevent erroneous monitoring results caused by infiltrating groundwater, . A leachate collection sump(s) having two composite bottom liners and a leak detection and removal system. Each composite liner must meet the minimum composite liner cnteria described above In this subsection, or equivalent. . Construction of an appropnate operations layer above the primary LCRS, to protect the LCRS and liner system from damage, . If applicable, appurtenant leachate storage Impoundments having two liners and a leak detection and removal system. One liner must meet the minimum composite liner criteria described above in this subsection, . . ~ .~ Permit Number 394 EXpiration Date September 30, 2009 Page 17 of 39 10.3 Design plans The Permittee must submIt two copies of englneenng design plans for new disposal Units, closure of eXisting units, or other ancillary facilities for Department review and approval at least SIX months pnor to the anticIpated constructIon date unless an alternative schedule IS approved by the Department. The desIgn plans must be prepared and stamped by a qualified professIonal engIneer with current Oregon registration. The engineenng design plans must: . specIfy applicable performance criteria, construction matenal properties and charactenstIcs, dImensions, and slopes, and . provide all relevant engineenng analyses and calculatIons as a basIs for the desIgn 10.4 Construction requirements 10.5 Construction documents . 10.6 Construction report submittal . The Permittee must perform all construction In accordance with approved plans and specificatIons, including all condItIons of approval, and any amendments to those plans and specifications approved in writing by the Department Prior to construction of: a final landfill cover system; a new landfill disposal unit, a leachate storage or treatment faCIlity; or any other waste containment Unit at the site, the Permittee must submit and receIve wntten Department approval of complete construction document for the project to be constructed The construction documents submitted must. . be consistent with the applicable Department-approved design plan(s), including accurate translatIon of design specifications Into construction requirements; . define the construction project team; . include construction contract documents specifyIng matenal and workmanshIp requIrements to gUide how the Constructor IS to furnish products and execute work . include a Construction Quality Assurance (CQA) plan, describing the measures taken to monitor that the quality of matenals and the work performed by the Constructor complies With project specifications and contract requirements Within 90 days of completing construction of. a waste containment unit (e.g., such as a landfill disposal Unit or leachate storage Impoundment); a final cover system over an existing or new Unit; or a major appurtenant facility, the Permittee must submIt to the Department a Construction Certification Report, prepared by a qualified independent party, to document and certify that all required components and structures have been constructed in compliance with the permit requirements and approved design specifications. 10.7 10.8 10.9 ~ ~ Construction -report content Approval to use Submittal address Permit Number. 394 EXpiration Date September 30, 2009 Page 18 of 39 . The construction report must Include_ . an executive summary of the construction project and any major problems encountered . a list of the goveming construction documents . a summary of all construction and CQA activities . manufacturers certifications for confonrnance of all geosynthetlc matenals with project specifications . test data documenting soil materials confonrnance with project specifications . a summary of all CQA observations, Including daily inspection records and test data sheets documenting matenals deployment and InstallatIon in confonrnance with project specifications . problem IdentIfication and corrective measures Implemented . designer acceptance reports for errors and InconSistencies . a list of deviations from design and matenal speCifications, including documentation Justifying the deviations, copies of change orders and recorded field adjustments, and copies of wntten Department approvals for deviations and change orders . signed certificates for subgrade acceptance prior to placement of soil liner and for acceptance of sOil liner pnor to deployment of geomembrane liner . photographs and as-constructed drawings, including record surveys of subgrade, soil liner, granular drainage layer and protective soil layer, and . a certification statement(s) and signatures legally representing the CQA consultant, designer and facility owner, one of which IS that of a professional engineer With current Oregon registration . The Penrnlttee must not dispose of solid waste In newly constructed disposal units until the Department has accepted the construction certification. If the Department does not respond to the Construction Certification Report Within 30 days of its receipt, the Penrnittee may place waste In the unit. All submlttals.to the Department under this section must be sent to: Oregon Department of Environmental Quality Manager, Solid Waste Program 400 E. Scenic Dnve, SUite #307 The Dalles, OR 97058 (541) 298-7255 . ~ .~ Permit Number: 394 Expiration Date' September 30, 2009 Page 19 of 39 11.0 RECYCLING REQUIREMENTS 11.1 11.2 11.3 . 11.4 11.5 11.6 11.7 . In this section Materials Receiving location Material use Recycling information Sign Storage This section describes the requirements associated with recycling operations of source separated materials conducted at the facility. . Materials . ReceiVing location · Matenal use . Recycling Information . Sign, and · Storage The Permittee must proVide a place for receiVing the following recyclable matenals. X ferrous scrap metal X non-ferrous scrap metal (including X motor oil aluminum) X newspaper 0 corrugated cardboard and kraft paper o container glass (brown paper bags) o hl-grade office paper 0 tin cans The place for receiving recyclable material must be located at the disposal site or at another location convenient to the population served by the disposal site. The recycling center must be available to every persons whose solid waste enters the disposal site. All source separated recyclable matenals must be reused or recycled. The Permittee must provide recycling information to disposal site users on pnnted handbills which Includes the following: . the location of the recycling center at the disposal site or another location . the hours of operation of the recycling center . instructions for correct preparation of accepted source separated recyclable matenal . the material accepted for recycling, and . reasons why people should recycle A sign must be prominently displayed whIch indicates: . the availability of recycling at the disposal site or another location Note' the sign must Indicate the recycling center location, if not at the disposal site · the matenals accepted at the recycling center, and · the hours of operation of the recycling center (if different than disposal site hours) All recyclable materials, except car bodies, white goods and other bulky items, must be stored in containers unless otherwise approved by the Department. ~ ~ Permit Number: 394 EXpiration Date' September 30, 2009 Page 20 of 39 . ENVIRONMENTAL MONITORING 12.0 ENVIRONMENTAL MONITORING PLAN 12.1 In this section 12.2 EMP Submittal 12.3 EMP contents This section describes requirements for an environmental mOnltonng plan for the facility, including: · EMP submittal · EMP contents . Long-term monltonng plan . Additional monitonng pOints, and . Submittal address Within 180 days of the permit Issue date, the Permittee must submit, for approval, three copies of an Environmental MOnltonng Plan (EMP) to the Department. The plan must be prepared and stamped by an Oregon Registered Geologist or an Oregon RegIstered Englneenng Geologist Upon approval, this plan IS incorporated Into thIs permit by reference. The EMP must include plans implementing an enVIronmental monitoring program that will characterize potential facilIty impacts The updated plan may consist of the previous approved EMP With any changes or additions since that time (i.e., approved permit-specific concentration limits, revised parameter lIsts, revised scheaules, new wells). The updated EMP must Include the following contents. . Topic Contents to be included in the EMP: Monitoring Description of how the mOnltonng network IS designed to charactenze facility impacts network through the monltonng of: design . Groundwater . Surface water -'" . Leachate . Secondary Leachate CollectIon System (leak detection) . Landfill gas . Private wells, and . any other appropriate environmental monitOring Location map of all samplIng locations, depicting. . the unique Identification numbers of all sampling locations . surrounding features (including manmade, natural, and contours) . the location and boundary of the facility, and . all landowners within one-half mile radius of the solid waste boundary . ~ .~ Permit Number' 394 EXpiration Date September 30, 2009 Page 21 of 39 . . Monitoring Descnptlon and evaluation of the current status and mtegnty of the mOnitoring network network as a whole construction Description of the current status and mtegnty of each monitoring pomt within the network. Plans for routmely evaluating and maintaining the integrity of all mOnitoring pOints Sampling and SIte-specific procedures for sample collection methods, including analysis . sample filtration . bottling, preservation, and shipment procedures . chain of custody and recordkeeplng procedures . sample holding times . analytical methods and detection limits, and . methods of library searches for organic compounds (as applicable) Field QA/QC Site-specific procedures for. . documentation of all sample and equipment handling procedures, including calibration of field measurement equipment . maintenance of adequate field records and cham of custody documentation . preparation and shipment of one volatile organic compound tnp blank for each shipment that includes samples for volatile organic analysIs I . collection of field, equipment, or other appropnate clanks plus duplicates for all parameters at a minimum frequency of once per day of the sampling event Laboratory Site-specific procedures for: QA/QC . maintenance of a written Laboratory Quality Assurance Plan, including EPA validation guidelines . routine equipment calibration to standards of known concentrations . analysis and reporting of results of laboratory method blanks, duplicates, and matrix spikes for all analytes on schedules appropnate for the analytical methods used . reporting of the accuracy and the precision data for the analysis penod Data analysis Site-speCific procedures for: & evaluation . a comprehensive comparison of groundwater sampling results to applicable standards, Including, but not limited to, federal and state drinking water standards and a review of any SignIficant changes In water quality that were identified pursuant to the EnVIronmental MOnltonng Standards established in this permit . performing statistical analyses of the groundwater data . identifying and addreSSing any field or lab data that did not meet lab quality assurance/quality control objectives (e g., holding times exceeded) ~ ~ ~I Permit Number: 394 EXpiration Date September 30, 2009 Page 22 of 39 . Reporting Proposed form for the annual enVIronmental report, that will: . discuss the results of all environmental monitoring performed dunng the year . discuss the results of the previous year's Data AnalysIs and Evaluation . itemize any activities resulting from the exceedance of a relevant standard or Significant change In water quality, such as resampllng, submittal of a Prellmmary Assessment, or Assessment Monitonng . discuss any preventative measures and the results of such actions, if applicable . assess the current status of the environmental monitoring network . provide updated information for each sampling event and monitored Unit, depicting groundwater flow rates and directions, and piezometnc water contours . summanze Sampling and AnalysIs, Field QNQC, and Lab QNQC techniques Implemented during the year . provide copies of applicable mformation, including field data, laboratory analytical reports and cham-of-custody reports; all data must be cross- referenced and labeled with the designated field sampling location . provide summary tables of the year's monitonng data by location and parameter . provide updated time series plots and chemical composition plots . provide results of a major anion-cation balance for each groundwater mOnltonng well sampled for major anions and cations . provide an executive summary . 12.4 12.5 12.6 Long-term monitoring plan Additional monitoring points Submittal address Reference' The Solid Waste Landfill GUidance, September 1996, prOVides mformatlon on applrcable elements of an EnVironmental Monitonng Plan Following the organizational format provided In the Guidance will expedite Department review of the plan, After approval of permit specific concentration limits (PSCLs) or any subsequent approved modification of PSCLs, the Permittee must update the EMP to reflect the long-term monltonng plan and submit the updated plan for Department review and approval. Note' See also the requirements for establishing PSCLs in this permit Any new or replacement monitoring point established during the time frame of this permit must be Incorporated into the EMP The updated plan must be resubmitted to the Department for approval. All submittals to the Department under this section must be sent to: Oregon Department of Environmental Quality Manager, Solid Waste Program 400 E. Scenic Drive, Suite #307 The Dalles, OR 97058 (541) 298-7255 . ed , , Permit Number 394 EXpiration Date- September 30,2009 Page 23 of 39 13.0 ENVIRONMENTAL SAMPLING REQUIREMENTS 13.1 In this section 13.2 Notification 13.3 Split sampling e e This section also describes general sampling requirements, including- . notification . split sampling . Interim monitoring . mOnitoring after updated EMP approval . leachate and liqUid volume monitoring, and . changes in sampling or split sampling The Permittee must notIfy the Department In writing of all upcoming sampling events at least ten (10) working days prior to the scheduled date of the sampling event at the following address Oregon Department of Environmental Quality Manager, Solid Waste Program 400 E_ Scenic Drive, Suite #307 The Dalles, OR 97058 (541) 298-7255 The Permittee must split samples with the Department when requested, and must schedule all requested split-sampling events with the Department laboratory at least forty-five (45) days prior to the sampling event. The following sampling events must be conducted as split sampling events with the Department. Summer 2000 Summer 2004 Summer 2008 Winter 2002 (:J..I(~ ~ .2(t.) Winter 2006 If sampling in the... schedule the sampling event after.... But before... winter January 1 February 28 spring April 1 May 31 summer July 1 August 31 fall October 1 November 30 13.4 13.5 13.6 13.7 ~ ~ ~I Interim monitoring Monitoring after updated EMP approval Leachate and liquid volume monitoring Changes in sampling or split sampling Permit Number. 394 EXpiration Date September 30, 2009 Page 24 of 39 . Until superseded by an EnVIronmental Monltonng Plan approved by the Department, the Permittee must conduct all environmental sampling In accordance with the following documents as approved by the Department. · Permit 394, Attachment 1&2 . June 1996 Sampling and AnalysIs Plan for Finley Buttes Regional Landfill Groundwater samples must be collected quarterly (once per year during each of the following periods. January 1 - February 28, Apnl1 - May 31, July 1 - August 31, and October 1 - November 30) for all wells and any additional monitonng wells until a minimum of nine acceptable data points have been acquired for each mOnltonng well. The Permittee may commence semiannual groundwater sampling at those wells which have accumulated nine acceptable data pOints. All semiannual grounawater sampling must be conducted during the summer (July 1 - August 31) and Winter (January 1 - February 28) quarters The Department must approve any changes to the sampling program In writing prior to Implementation. The Permittee must notify the Department's Eastern Region office located In The Dalles in wntlng of all upcoming sampling events at least 10 days pnor to the sampling event. Upon approval, the Permittee must perform all environmental monltonng at the facility In accordance with the site-specific Environmental MOnitoring Plan, including any conditions of the approval. . The Permittee must measure, record, and place In the Operating Record the follOWing: . the weekly volume of leachate removed from each pnmary leachate collection sump, . the weekly volume of leachate disposed by each Implemented leachate disposal method; . the weekly volume of liquid removed from each secondary leachate collection sump, servicing an active disposal unlt(s). and . the monthly volume of liquid removed from each secondary leachate collection sump, servicing only Inactive or closed disposal units, The Permittee must define the methodology and reporting reqUirement for leachate monitonng in the facility EMP. The Department reserves the nght to add to or delete from the list of scheduled sampling events, sample locations, parameters to be sampled for, and to conduct unscheduled samplings or split sampling. In the event of changes to the split sampling schedule, the Department will notify the Permittee of the changes at least 30 days prior to the split sampling event. . ~ .~ PermIt Number. 394 EXpiration Date September 30, 2009 Page 25 of 39 14.0 ESTABLISHING PERMIT-SPECIFIC CONCENTRATION LIMITS 14.1 14.2 14.3 . 14.4 14.5 . In this section Gathering data Statistical analysis Proposing PSCLs Changing PSCLs This section describes requirements for establishing permit-specific concentration limits (PSCLs) for groundwater mOnitoring, including . Gathenng data . StatIstical analysis . Proposing PSCLs, and . Changing PSCLs Monitoring of the background wells in accordance wIth the approved Environmental MOnltonng Plan (EMP) must be conducted until all necessary data sets have been collected, and permit-specific concentration limits are proposed for each individual parameter. The Permittee must perform statistical evaluations of monitoring results for each sampling event In the annual report In accordance with 40 CFR 258 53 or other methods approved of in advance by the Department In order to establish compliance concentration limIts References. Stat/st/cal Analysis of Groundwater Monitoring Dara at RCRA facil/ties, Addendum to Intenm Final GUIdance, USEPA, June 1992 Staflstical GUidance for all RCRA Sites, DEQ:SWPC, August 3, 1992 The Permittee must propose to the Department, for review and approval, permlt- specific concentration limits (PSCLs) pursuant to the gUidelines specified in OAR 340- 40-030[3]. PSCLs must be generated for all parameters that are to be included In the long-term monItoring of the site once there are at least nine acceptable data points from the appropriate background well(s) as established under thiS permit If the Permittee can demonstrate to the Department's satisfaction that the background groundwater quality has significantly changed since the PSCL was established, and this change IS not due to any Influence from the permitted facility, then the Permittee can propose for Department approval a revised level of the specIfic PSCL(s) that is affected ~ Permit Number 394 EXpiration Date. September 30, 2009 Page 26 of 39 15.0 ENVIRONMENTAL MONITORING STANDARDS 15.1 This section describes requirements for evaluating compliance with environmental monltonng standards, including: . Rule . Review of results · resamplrng of results . Secondary leachate collection system . Methane limits, and . Methane exceedance In this section 15.2 Rule The Permittee must not allow the release of any substance from the landfill Into groundwater which will result In a violation of any applicable federal or state groundwater or drinking water rules or regulations beyond the: solid waste boundary of the disposal site or an alternative boundary speCified by the Department. The Permittee must review the analytical results after each monltonng event according to the following table. 15.3 Review of results If data show results... then... above permit-specific concentration limits (if 1. Notify the Department within 10 days of established) receipt of laboratory results, and 2. Perform resampling Immediately and evaluate results as described below Note: If this is a known release, previously confirmed to the Department in wntlng, resampling is not required indicating a significant change In water quality at 1. NotIfy the Department Within 10 days of any monitoring point receipt of laboratory results, and Examples of siqnificant chanqes: 2 Perform resampllng Immediately and . Detection of a VOC or other hazardous evaluate results as descnbed below constituent not detected In background; Note' If this is a known release,. previously . Exceedance of a Table 1 or 3 value listed in confirmed to the Department In wnting, OAR 340-40 unless the background water resampling is not required quality is above these numencallimlts; . Exceedance of a Safe Dnnkrng Water Standard; . Detection of a compound In an order of magnitude higher than background none of the above continue groundwater mOnltonng With next scheduled sampling event . . . .~ Permit Number. 394 EXpiration Date September 30, 2009 Page 27 of 39 15.4 Resampling results Upon receipt of data from resampling, the Permittee must review the results according to the following table. . If resampling data show results... then... that confirm the exceedance of a 1 notify the Department within 10 days of receipt of permit-specific concentration limit at laboratory data, or within 60 days of the resample date a compliance point (whichever comes sooner) - 2 submit a Remedial Investigation workplan or other acceptable plan for Department approval within 90 days of the date of resampling. Plan must specify how the objectives of Oregon's Groundwater Quality Protection Rules (OAR 340-40) will be met by the proposed investigation This may Include the monitonng of Group 4* parameters, In addition to routine detection monitonng. that confirm the Significant change 1 notify the Department Within 10 days of receipt of in water quality results noted In the laboratory data, or within 60 days of the sample date routine sampling event (whichever comes sooner) 2. submit a plan Within 30 days (unless another time period IS authorized) for developing an assessment program With the Department that do not confirm the results noted 1 continue With routine monrtonng in the routine sampling event 2. discuss the data from the routine sampling event and the resampling results in the next annual environmental monitonng report Group 4*: Assessment monitoring The following analyses comprise the assessment monitoring parameter group' Semi-volatile Organic Constituents, including Phenols, according to EPA Method 8270 Mercury, according to EPA Method 7470 Cyanide, according to EPA Method 9010 Nitrite All Method 8270 analyses must include a library search to identify any unknown compounds present 15.5 Secondary Leachate Collection System Methane Monitoring If the Permittee observes the presence of liqUids In the secondary leachate collection system the Permittee must commence the sampling and analysis and reporting procedures defined in the Department approved Environmental Monitoring Plan (EMP). 15.6 The Permittee must define the frequency and methodology for methane monitoring in the facility EM P. . ~ ~s . .e .--.......:;;: 15.7 Methane limits 15.8 Methane exceedance Permit Number: 394 EXpiration Date' September 30, 2009 Page 28 of 39 The concentration of methane must not exceed: . 25 percent of the Lower Explosive Limit for methane In onsite structures (excluding gas control structures or gas recovery system components), or . the Lower Explosive Limit for methane at the facility boundary Note. The Lower Explosive limit for methane IS 5 percent. If methane levels exceed the specified limIts, then the Permittee must: 1. immediately take all necessary steps to ensure protection of human health; 2. within 7 days of detection (unless the Department approves an alternative schedule), enter the methane levels in the operating record and describe measures taken to protect human health and safety 3. within 60 days of detection, implement a remediation plan for the methane releases, incorporate the plan into the monitoring records, and notify the Department that the plan has been Implemented . . . ~ .~ Permit Number. 394 EXpiration Date September 30, 2009 Page 29 of 39 16.0 RECORDKEEPING AND REPORTING - ENVIRONMENTAL MONITORING 16.1 In this section 16.2 Semi-annual and annual reports . . ThiS section descnbes record keeping and reporting requirements associated with environmental monltonng, including: . Semi-annual and annual reports . Statement of compliance · Submittal address · Split sampling submittal · Lab address, and · Department response to split samples Prior to March 31 of each calendar year, the Permittee must submit to the Department two copies of an annual environmental monltonng report covenng the prevIous calendar year The report must be prepared In accordance with the approved format and stamped by an Oregon Registered Geologist or an Oregon RegIstered Engineenng Geologist and must follow the format approved In the EnVIronmental Monitoring Plan, and include the following: · tabulation of all eXisting data for the facility by well and parameter · tabulation of quarterly measurements of volume of leachate generated · updated time series plots and box plots or other statistical analYSIS approved of In advance by the Department, for all sampling pOints and for all detected parameters unless the data precludes such analysis . companson of the results With applicable standards and permit specific concentration limits when established . current and legible site maps depicting piezometnc water elevation contours at the time of the sampling event, and . an Interpretation of the data which includes an evaluation of the extent and magnitude of Impact on the groundwater onginatlng from landfill activities. A semi-annual groundwater report must be submitted to the Department 90 days after completion of the second quarter sampling event. ThiS report will include the following: . summary tables of the first quarter sampling information and second quarter sampling information, · current and legible site maps depicting piezometric water elevation contours at the time of the sampling event, and . a diSCUSSion of the analytical results. 16.3 16.4 16.5 16.6 16.7 ~ =~ " Statement of compliance Submittal address Split sampling submittal Lab address Department response to split samples Permit Number: 394 EXpiration Date September 30, 2009 Page 30 of 39 . A statement of compliance must be included In the Annual Environmental Monitonng Report that: . summanzes the comparison of the analytical results With the relevant mOnitoring standards · states whether or not federal or state standards were exceeded for the relevant medIa . states whether or not a Significant change In water quality occurred Except where otherwise noted, all submittals to the Department under this section must be sent to: Oregon Department of Environmental Quality Manager, Solid Waste Program 400 E. Scenic Dnve, Suite #307 The Dalles, OR 97058 (541) 298-7255 Within 90 days of any split sampling event, the Permittee must submIt the fOllowmg Information from the split sampling event to the Department's laboratory: · a copy of all information pertinent to the sample collection handimg, transport and storage, including field notes · copies of all laboratory analytical reports · caples of all laboratory QA/QC reports · site map showmg flow directIons and contours, and · any other data or reports requested by the Department . All split sampling reporting must be sent to: Oregon Department of Environmental Quality Lab, Groundwater Monitoring Section 1712 SW 11th Avenue Portland, OR 97201 (503) 229-5983 If requested by the Permittee and after the Permittee has submitted all split sampling data information, the Department lab may send the Permittee a copy of: . the Department's analYSIS of the split sample . a copy of the QA/QC report . a copy of the analytical report, or . a copy of field data sheets . ~ .~ Permit Number' 394 EXpiration Date. September 30, 2009 Page 31 of 39 17.0 ENVIRONMENTAL MONITORING NETWORK 17.1 In this section 17.3 Monitoring devices 17.4 Damage reporting . 17.5 Device construction 17.6 Construction reporting 17.7 Recommen- dation to abandon . This section describes requirements for the environmental monitoring network, Including. . Well installation . MOnitOring deVices · Damage reporting . DeVice construction . Construction reporting . Recommendation to abandon . Gas system maintenance, and . Gas system damage repair The Permittee must protect. operate, and maintain gas, groundwater, leachate. and surface water monitoring deVices so that samples representative of actual conditions can be collected. Any damage to a mOnitoring device must be reported to the Department in writing WIthIn fourteen days of the discovery, along with a deSCription of proposed repaIr or replacement measures and a time schedule for completion of this work. ExamDles: damage impairing well function or changing the physical location to any degree All monitoring well abandonment (decommissions), replacements, repairs, and installatIons must be conducted to comply with the Water Resources Department Rules OAR 690-240 and with the Department's GUidelines for Groundwater Monitoring Well dnllmg, Construction, and Decommissioning dated August 1992. All monitoring well repairs, abandonments, replacements, and installations, including driller's logs, well location information, and construction Information must be documented In a report prepared and stamped by an Oregon Registered Geologist or Oregon Registered Engineenng Geologist and must be submitted to the Department within thirty (30) days of the action. The Permittee must submit a recommendation to the Department to decommiSSion or replace any well in the monitoring network that: · has been installed in a borehole that hydraulically connects two saturated strata, · does not have the corresponding and necessary supporting documentation of appropriate Installation or construction, or · is damaged or destroyed during the time frame of this permit ~ ~ ~I . , 17.8 ~as system maintenance 17.9 Gas system damage repair Permit Number: 394 EXpiration Date September 30,2009 Page 32 of 39 Upon installation, the Permittee must operate and maintain in good working order the landfill gas contamment, collection, removal, treatment, and monitoring system such that nuisance odors are deterred to the maximum extent practical and methane concentrations do not exceed compliance limits. Within 60 days of discovery of the damage, the Permittee must replacE' or repair the damage to any equipment m the gas system and submit a written inspection report to the Department. . . . .~ Permit Number. 394 Expiration Date September 30,2009 Page 33 of 39 SITE CLOSURE . 18.0 CLOSURE CONSTRUCTION AND MAINTENANCE 18.1 18.2 18.3 .18.4 18.5 18.6 18.7 . In this section Plan development Closure permit Closure plan approval Closure schedule Final cover Vegetation This section descnbes requirements for closure construction and maintenance at the facility, including: · Plan development · Closure permit · Closure plan approval · Closure schedule · Final cover · Vegetation · Final cover maintenance · Deed record, and · Submittal address The Permittee must maintain up-to-date conceptual "worst-case" closure and post-closure plans The plans must be placed in the facility file. At least five (5) years pnor to the anticipated final closure of the landfill, the Perrmttee must apply for a closure permit. At least 6 months prior to final closure of any portion of the landfill, the Permittee must submit for approval detailed engineering plans, specifications, and a schedule for closure. Reference: The Solid Waste Landfill Guidance, September 1996, provides information on applicable elements of a Closure Plan. Following the organizational format provided in the Guidance will expedite Department review of the plan The Permittee must close each area of the landfill on the schedule approved by the Department. Unless otherwise approved In wrIting by the Department, the final cover system must be deSigned and constructed in accordance with Oregon AdministratIve Rule 340-94- 120 The final cover shall have a permeability less than or equal to the permeability of the bottom liner system. The permittee must establish and maIntain a healthy growth of vegetation over the closed areas of the landfill consistent with the proposed final use. ~ " 18.8 Final cover maintenance 18.9 Deed record 18.10 Submittal address Permit Number 394 ExpiratIon Date- September 30,2009 Page 34 of 39 . The Permittee must maintain the final surface contours of the landfill cover such that: erosion and pondlng of water are deterred to the maxImum extent practical, the Integnty of the cover system IS preserved in accordance with the approved plans, and the site IS maintained sUitable for productive agricultural use. The Permittee must reconstruct the cover system with approved materials and grade and seed all areas that have settled or where water ponds, and all areas where the cover soil has been damaged or thinned by cracking or erosion. Areas where vegetation has not been fully established shall be fertilized, re-seeded and maintained. Any damage repair or other reconstruction of a geomembrane bamer component in the final cover system shall be conducted in accordance with a construction quality assurance plan approved by the Department. Within 30 days after final closure of the disposal site, the Permittee must record a notation on the deed to the facility property as required by 40 CFR 258.60(1) and OAR 340-94- 130(1 )(a), and submit a copy of the notation on the deed to the Department. All submittals to the Department under thiS section must be sent to: Oregon Department of EnVIronmental Quality Manager, Solid Waste Program 400 E Scenic Dnve, SUite #307 The Dalles, OR 97058 (541) 298-7255 . . r;$O .~ Permit Number: 394 EXpiration Date September 30, 2009 Page 35 of 39 19.0 FINANCIAL ASSURANCE 19.1 In this section 19.2 Financial assurance plan 19.3 Annual update . 19.4 Use of financial assurance 19.5 Continuous nature 19.6 Submittal address . ThIS section desCribes requirements for financial assurance at the facility, including: . Financial assurance plan . Annual update . Use of financial assurance . Continuous nature, and . Submittal address The Permittee must maintain a financial assurance plan and provide financial assurance for the costs of site closure, post-closure care, and corrective action, if any. The plan must be placed In the facility file. Reference The plan must be prepared In accordance with OAR 340-94-140. Acceptable mechanisms are desCribed In OAR 340-94-145. Annually, by December 31 of each year the Permittee must submit certIfication to the Department stating that the financial assurance plan(s) and financial assurance mechanism(s) have been reviewed, updated, and found adequate, and that the updated documents have been placed In the facility operating record. Reference: OAR 340-94-140(6)( d) The Permittee must not use tne financial assurance for any purpose other than to finance the approved closure, post-closure, and corrective action actiVities or to guarantee that those activities will be completed. Continuous financial assurance must be maintained for the facility until the Permittee or other person owning or controlling the site IS no longer required to demonstrate financial responsibility for closure, post-closure care, or corrective action (if reqUired). All submittals to the Department under thIs section must be sent to' Oregon Department of Environmental Quality Manager, Solid Waste Program 400 E Scenic Dnve, SUite #307 The Dalles, OR 97058 (541) 298-7255 ~ Permit Number 394 Expiration Date September 30, 2009 Page 36 of 39 . COMPLIANCE SCHEDULE 20.0 SUMMARY OF DUE DATES 20.1 Summary The following IS a summary of event-dnven reporting required by this permit. This section does not Include routine reporting and submittals reqUIred by this permit. .- h'- . :'Due.Date'~:i-:;:.e.:,''';': ;-::t1~~~'~~~~~~:~~i~~t,~~~~;f-~: -See'section... ,'. - ---....~.- - - -,.- .... ,-..- .- j>' . - - - - . -.. -,.....- . 90 days of permit Update Operations and 74 Operations Plan and Issuance Maintenance Manual Mamtenance Manual 6 months before any Submit design plans 104 Design plans, and construction or closure 18.5 Closure plan approval Pnor to construction Submit construction documents and 10.6 Construction receive Department approval documents 90 days after Submit construction certification 10.7 ConstructIon report completion of any major report submittal construction 180 days of permit Submit updated EnVironmental 12.2 EMP Submittal issue date Monitonng Plan 10 workmg days pnor to Notify Department in wrltmg of 13.2 Notification environmental sampling upcoming sampling event event 90 days of any spIlt Submit information from the split 16.5 Split sampling sampling event sampling event SUbmIttal 30 days of any well Submit well construction report 17.6 Construction reporting construction 5 years pnor to facility I Submit closure permit application 18.3 Closure permit closure 30 days after faCIlity Submit copy of notation on property 18.9 Deed record closure deed recording the presence of waste . . .~ Monitoring Location MW-2, MW-3 MW-4, MW-5 MW-7, MW-8 BMW-1 Cell-3 LDS-1, LDS-2 LDS-P Note: Permit Number 394 Expiration Date. September 30, 2009 Page 37 of 39 ATTACHMENT 1 Environmental Monitorinq Location, Parameters and Frequencies: Analyte Group Time of Year MOnltorrng Frequency EXlstin Groundwater Monltorrn Wells Group 3 Annual Group 2a Group 2b Group 1 a Grou 1 b New Groundwater MOnltonn Wells Group 1 a Quarterly for 2 years, then GroL.:p 1 b Semiannually Grou 2a Grou 3 Group 2b Semiannual Semiannual Semiannual Winter Summer and Winter Summer and Winter Summer and Winter Sprrng, Summer, Fall, \^/Jnter, then Summer and Winter Summer and Winter Semiannual Leachate Monitonn Locations Group 1 b Group 2a I Group 3 GroUD 2b Semiannual Summer and Winter or I two seasonal occurrences in a calendar year at least 90 da s apart Spnng, Summer, Fall, and I I Winter I Group 7 Landfill Gas Monitorin Quarterly LDS-1 = Leak Detection monltonng beneath Cell-1 LDS-2 = Leak Detection monitoring beneath Cell-2 LDS-P = Leak Detection monitonng beneath Leachate Storage and Evaporation Pond . ~ . - .~ .... -- - - In this attachment Group 1a: Field indicators Group 1 b: Laboratory indicators Group 2a: Common anions and cations Permit Number- 394 Expiration Date September 3D, 2009 Page 38 of 39 . ATTACHMENT 2: PARAMETER GROUPS This attachment describes the parameter groups and any associated requirements for environmental monrtorlng The following parameters compnse the field indicators parameter group: Elevation of water level Specific Conductance pH Dissolved Oxygen Temperature These parameters must be measured in the field at the time samples are collected, either down-hole in situ, m a flow-through well, or Immediately following sample recovery, with instruments calibrated to relevant standards The following parameters compnse the laboratory indicators parameter group' Hardness (as CaC03) Total Dissolved Solids (TDS) Total Alkalinity (as Ca(03) Total Suspended Solids (TSS) Specific Conductance (lab) Chemical Oxygen Demand (COD) pH (lab) Total Organic Carbon (TOC) Sample handling, preservation, and analysis are determined by requirements for each individual analyte: EPA or AWNA Standard Methods techniques must be followed . The following parameters comprise the common anrons and cations parameter group: Calcium (Ca) Manganese (Mn) Sulfate (S04) Magnesium (Mg) Ammonia (NH4) Chloride (CI) Sodium (Na) Carbonate (C03) NItrate (N03) Potassium (K) Bicarbonate (HC03) Silica (Si02) Iron (Fe) Dissolved concentrations must be measured. Samples must be field-filtered and field- preserved accordmg to standard DEQ and/or EPA guidelines and analyzed by appropriate EPA. or AVl/WA Standard Methods technrques. Results must be reported in mg/L and meq/L. . .~ Group 2b: Trace metals . Group 3: Volatile organic constituents Group 4: Assessment monitoring Group 7: Landfill Gas Monitoring . Permit Number' 394 EXpiration Date' September 30, 2009 Page 39 of 39 The followrng parameters comprise the trace metals parameter group: Antimony (Sb) Chromium (Cr) Arsenic (As) Cobalt (CO) Barium (Ba) Copper (Cu) Beryllium (Be) Lead (Pb) Cadmium (Cd) Nickel (Ni) Selenium (Se) Silver (Ag) Thalladlum (TI) Vanadium (V) Zrnc (Zn) If the To~I~Suspended Solids concentration is.~h;... ? ~en an~lyze f~r..:',::';.~, -"; .:t-~'" .:.? T' -: ,. -~i:t.-..-. -..~:: < '.-...~..~=. .:t...:...:r..::..".z.. .-,,!--".~ _"".. v ':'-:~ . . .:~~..:- -_~..... ~...,. . . ... . .. ~ _. "h....,,~<:,.r.. -~ - "'- I ".. ~," ~... less than or equal to 100 mg/L rn the sample total concentrations (unfiltered) greater than 100 mg/L rn the sample both total (unfiltered) and dissolved (field-filtered) Samples must be field-preserved accordrng to standard DEQ and/or EPA guidelines and analyzed by EPA Method 6010 or Department-approved equivalent. Results must be reported in mg/L. AnalysIs for all compounds detectable by EPA Method 8260 or EPA Method 524.2, includrng a library search to Identify any unknown compounds present Method 8260 comprises the volatile organic constituents parameter group. Facilities that want to use Methods 8010 and 8020 as an alternative must obtain approval by the Department prior to use. The following analyses comprise the assessment monitoring parameter group Semi-volatile Organic Constituents, including Phenols, according to EPA Method 8270 Mercury, according to EPA Method 7470 Cyanide, accordrng to EP,A, Method 9010 Nitrite All Method 8270 analyses must include a library search to Identify any unknown compounds present. Methane m - d.. 9 Jf/ 0 . , _ _ . :;"i6EO .,AR8AOI\. ~l.!~tln""JJC-" I' . ..,-" I '"' evlQrr-CW '-'~1'1'11' C' . ,.... '/ :cr... '1" (-",- ./ It ., ,., ll~ . .... ~ I,. ,~ ~ ;...\}/ 3EFORE 7HE ~ORROW COUNTY COURT . MOR~ml COmHY, OREGON I~ 7HE ~ATTER OF ~HE APPROVAL OF A CO~DITIO~riL GSE 2E2MIT FOR rIDEWATER BARGE LI~ES, INC. 2INAL ORDER OF APPROVAL '- WHEREAS, Tidewater Sarge Lines, Inc. has mad~ application for a Conditional Use Permit for the establishment of a solid waste landfill pursuant to Morrow County Ordinance 3.0Ul (2) (Q); and ~HEREAS, the Mor=ow County Planning Commission and this Court have held public hearings following legal notice pu=suant '. ~o state law and county ordinance, .::mi, THEREFORE, IT IS HEREBY ORDERED: ~. T~at the Morrow County Court adopts the findings of fac~ ,r.u conclusions of law which is actached hereto, marked "Exhibit A", and by this reference is incorporated herein; 2. That the application of Tidewater Barge Lines, Inc. for a cond"icional use permit for establishment of a solid wasce landfill at Finley Buttes, located in Township 2N, Range 26E, Section 5 an~ Township 3N, Range,25E, SEction 32, Tax Lots 1511 and 301, consisting of approximately 800 acres is hereby approved; . Page 1 - Final Order of Approval ~ 3. That is FURTHER ORDERED that the following are conditions of a~~roval 3nd are ~ade a ~art of the conditions of approval pursuant to Section 6.030 of the Morrow County Zoning Ordinance; A. The Applicant will obtain a valid permit, issued by the Department of Environmental Quality or the Environmental Quality Commission, for the operation, maintenance and closure of a landfill; B. The applicant will apply for a license and will enter into a contract/agreement with Morrow County pursuant to the , \ , Morrow County Solid Waste Management Ordinance, Number MC-I-87. C. The rlpplicant will provide an all-weather paved road, approximately 9 1/2 miles in length, as part of Bombing Range ~oad. The terms and conditions upon which such all-weather road will be provided shall be more specifically defined by the contract/agreement under the Morrow County~olid Waste Management Ordinance; D. If, during construction and operation of the landfill, m~jor archeological artifacts are found, appropriate state agencie~ will be immediately contacted for proper disposition of L Page 2 - Final Order of Approval . . . . :,. i. materials. E. The Applicant shall comply with the followIng conditions of approval set forth in the staff report of the ~orro~ County 21anning ~epartment and adapted by the Morrow County Planning Commission, specifically conditions A(l), A(Z), 0, F, and Gi F. 'The ~pplicant agrees that permItted uses on the property fallowing closure and termination of long-term monitoring WIll be restricted to dry-land farming, and other uses of the property shall be conditional uses pursuant to the Morrow County Zoning Ordinance. BY ORDER OF ~HE MORROW COUNTY COURT, dated this 22nd day of July, 1987. .".. .... . ;..... .. -. Carlson, Judge ce, ..-'-- ~0 ~r;' ~M G . ~-1. /I J err y II P e c l<, _ 0 m.m 1 S S 1 0 n e r " J gmT: ~ ~~'>IJ ~jj~ , Co un t:] Cl.e r.'" Page 3 - Final Order of Approval . . . )0 -g~~.~ *.. ..* /*...*9 Department of Environmental Quality Eastern Region Bend Office 2146 NE 4th, Suite 104 Bend, OR 97701 (541) 388-6146 FAX (541) 388-8283 APR 1 6 20m Pamela S. Pawelek Environmental Compliance Manager Finley Buttes Landfill Company PO Box 61726 Vancouver, WA 98666 RECEIVED APR 1 8 2001 Re: Issuance of Oregon Title V Operating Permit No. 25-0001 Application No. 018556 Morrow County The Department of Environmental Quality has completed processing your Oregon Title V Operating Permit application and has issued the enclosed permit. Also enclosed are the reporting and modification forms for Title V sources. Please use these forms for all reports submitted to the Department and all requests for permit modifications. . The permit became effective the date it was signed. If you wish to appeal any of the conditions or limitations contained in the attached permit or if you have any questions, please contact Doug Welch in our Pendleton Office at (541) 278-4626. If issues related to the permit conditions cannot be resolved to your satisfaction, you may request a hearing before the Environmental Quality Commission or its authorized representative. Any such requests shall be made in writing within 20 days of the date of this letter, and shall clearly specify which permit conditions are being challenged and why, including each alleged factual or legal objection. Permit conditions that are not contested shall be in effect upon the date the permit was signed (OAR 340-218-0220). You are urged to carefully read the permit and take all possible steps to ensure compliance with the conditions established. Sincerely, y::;~~ Peter Brewer, P.E. Region Manager Air Quality Program bh Enclosure cc: Michelle Butler, DEQ:Air Quality Division Doug Welch, DEQ:Pendleton Office LRAPA EPA Finely Buttes Landfill Company, 73221 Bombing Range Roa~, Boardman, OR 97818 . 6 DEQ:OCI -,'.. Permit No.: 25-0001 Expiration Date: 06/01/04 Page 1 of 28 OREGON DEPARTMENT OF ENVIRONMENTAL QUALITY OREGON TITLE V OPERATING PERMIT Eastern Region 2146 N.E. 4th, #104 Bend, OR 97701 Telephone: (541) 388-6146 RECEIVED APR 1 8 2001 Issued in accordance with the provisions of ORS 468A.040 and based on the land use compatibility fmdings included in the permit record. ISSUED TO: INFORMATION RELIED UPON: Finley Buttes Landfill Company P.O. Box 61726 Vancouver, W A 98666 PLANT SITE LOCATION: 73221 Bombing Range Road Boardman, OR 97818 Application Number: 018556 Received: 6/28/99 LAND USE COMPATIBILITY STATEMENT: From: Morrow County Dated: 5/28/99 ISSUED BY THE DEPARTMENT OF ENVIRONMENTAL QUALITY P:;;:~~U']ity M",.g" 8f; I I"', 2CO I Dat Nature of Business: Municipal Solid Waste Landfill SIC: 4953 RESPONSIBLE OFFICIAL: Title: Landfill Development Manager FACILITY CONTACT PERSON Name: Pamela S. Pawelek Title: Environmental Compliance Manager Phone: (360) 695-4858 . . . J . . . Permit No.: 25-0001 Expiration Date: 06/01/04 Page 2 of 28 TABLE OF CONTENTS , LIST OF ABBREVIATIONS THAT MAY BE USED IN TIffi PERMIT ..............................................................:....3 PERMITTED A CTIVITlES ........................................ .... ................................... ....... .............................. ......................4 EMISSION UNIT (ED) AND POLLUTION CONTROL DEVICE (PCD) IDENTIFICATION .....................""'.........4 OPERATING SCENARIOS....... .................................... ..... .... .......................................... ............................................4 EMISSION LIMITS AND STANDARDS, TESTING, MONITORING, AND RECORDKEEPING REQUIREMENTS ......................... .............................. ......... ............... ........... ...... ..... ...................................................5 F acility wide................................................. ........... ........................ ...... ...... ....... .................................................... 5 Emissions Unit LFG-O 1 (Baseline Scenario ).......................................................................................................... 7 Emissions Unit LFG-O 1 (Alternate Operating Scenario )................................................................. .......... .............9 Insignificant Activities ........................................................... ....... ...................................................................... .12 PLANT SITE EMISSIONS LIMITS ........................ ... ............. ..................................................... ....... .............. .........13 GENERAL TESTING REQUIREMENTS .................................................................................................................14 GENERAL MONITORING AND RECORDKEEPING REQUIREMENTS .............................................................15 REPORTING REQUIREMENTS ............................ .......................................................................................... ..... ....16 NON-APPLICABLE REQUIREMENTS .................. ................................................................... ..................... .........19 GENERAL CONDITIONS ............ ............................................ ......................... .................................................... ....20 Permit No.: 25-0001 . Expiration Date: 06/01/04 Page 3 of28 LIST OF ABBREVIATIONS THAT MAYBE USED IN THE PERMIT ACDP ASTM CFR CO DEQ dscf EPA EU FCAA gr/dscf HAP HCFC ill I&M LFG :MM cu. ft. Mg NA NMOC NOx NSPS O2 OAR ORS Pb PCD PM PM 10 ppm ppmv PSEL psia S02 ST VE VMT VOC Air Contaminant Discharge Permit American Society of Testing and Materials Code of Federal Regulations Carbon Monoxide Oregon Department of Environmental Quality Dry standard cubic feet US Environmental Protection Agency Emissions Unit Federal Clean Air Act Grain per dry standard cubic feet (1 pound = 7000 grains) Hazardous Air Pollutant as defmed by OAR 340-244-0040 Halogenated Chloro-Fluoro-Carbons Identification number Inspection and maintenance Landfill Gas Million Cubic Feet Megagrams (106 grams) Not applicable Non-Methane Organic Compounds Nitrogen oxides New Source Performance Standard Oxygen Oregon Administrative Rules Oregon Revised Statutes Lead Pollution Control Device Particulate matter Particulate matter less than 10 microns in size Parts per million Parts per million by Volume Plant Site Emission Limit pounds per square inch, actual Sulfur dioxide Source test Visible emissions Vehicle miles traveled Volatile organic compounds . . . . . Permit No.: 25-0001 Expiration Date: 06/01/04 Page 4 of28 PERMITTED ACTIVITIES 1. Until such.time as this permit expires or is modified or revoked, the permittee is allowed to discharge air contaminants from those processes and activities directly related to ,or associated wi~ air contaminant source(s) in accordance with the requirements, limitations, and conditions of this permit. [OAR 340-218- 0010 and 340-218-0120(2)] 2. All conditions in this permit are federally enforceable and state enforceable except Conditions 9 tlrrough 13 which are only enforceable by the state. [OAR 340-218-0060] 3. Attachment 1 of this permit provides a cross-reference for SIP rules that have been renumbered in the current Oregon Administrative Rules. [OAR 340-218-0060 and 340-218-0070] EMISSION UNIT (ED) AND POLLUTION CONTROL DEVICE (PCD) IDENTIFICATION 4. The emissions units regulated by this permit are the following [OAR 340-218-0040(3)): Emission Unit Description EUill Pollution Control Device Description PCD ill Gas resulting from the decomposition of LFG-O 1 nonel nonel landfill materials, Engines to power transfer trailer tipper, ENG-Ol none none generators, power washer, heaters, and air compressors (NOx and CO only) Fugitive emissions from piles to store STR-Ol Water applied as required NA cover soil, liner soil, and drain rock Fugitive emissions from material transfer MH-Ol Water applied as required NA from storage piles to working cells Fugitive emissions from vehicular traffic PRD-O 1 Water applied as required NA on paved roads Fugitive emissions from vehicular traffic UPR-O I Water applied as required NA on unpaved roads Aggregate Insignificant emissions AI none none including: ParticulatelPMIO, S02' and VOC emissions from engines (ENG-O 1), and VOC emissions from the leachate collection system 1. A collection and control system will be installed under the alternative operating scenario. OPERATING SCENARIOS [OAR 340-218-0140(1)] 5. The permittee may operate the landfill under the following operating scenarios: 5.a. In the base operating-scenario, the landfill gases (emission unit LFG-Ol) are uncontrolled and are emitted to the atmosphere. Under this scenario, Conditions 16 through 19 are applicable. 5.b. In the alternative operating scenario, the permittee must install a system to collect and control landfill gas emissions (LFG-Ol) in accordance with New Source Performance Standards (NSPS). Under this scenario, Conditions 20 through 36 are applicable. The permittee must contemporaneously record the change from the base operating scenario to the alternative operating scenario in a log at the facility. 6. Permit No.: 25-0001 Expiration Date: 06/01/04 Page 5 of28 . EMISSION LIMITS AND STANDARDS, TESTING, MONITORING, AND RECORDKEEPING REQUIRE:MENTS The following tables contain swnmaries of applicable requirements other than the Plant Site Emission Limits (PSEL), along with the monitoring methods for the emissions umts to which those requirements apply. Applicable Condition Testing Monitoring Requirement Number PollutantIParameter Limit/Standard Averaging Time Condition Condition 340-208-0210(2) 7 FugItive emiSSions mmimize NA NA 8 340-248-0280(10)(a) 9 asbestos proper handlIng of asbestos each shipment NA 10 340-248-0280( 10)( c) 12 asbestos excavation or disturbance of each occurrence NA 13 as bestos waste 340-228-0110(2) 14 #2 Dlsnllar.e oLl 0.5 percent by weight each shipment NA 15 sulfur content Table 1 Facility Wide Emission Limits and Standards 7. Fugitive Dust Applicable Requrrement: The permittee must not allow or permit any materials to be handled, transported, or stored; or a building, its appurtenances; or a road to be used, constructed, altered, repaired or demolished; or any equipment to be operated, without taking reasonable precautions to prevent particulate matter from becoming airborne. Such reasonable precautions include but are not limited to the following: [OAR 340-208-0210(2)] . 7.a. Use, where possible, of water or chemicals for control of dust in the demolition of existing buildings or structures, construction operations, the grading of roads or the clearing of land; 7.b. Application of asphalt, oil, water, or other suitable chemicals on unpaved roads (UPR-Ol), material stockpiles (STR-Ol), and other surfaces which can create airborne dust (MH-Ol and PRD-O 1); 7.c. Full or partial enclosure of material stockpiles in cases where application of oil, water, or chemicals are not sufficient to prevent particulate matter from becoming airborne; 7.d. Covering, at all times when in motion, open bodied trucks transporting materials likely to become airborne. 8. Monitoring Requirement: At least once each month for a minimum period of30 minutes, the permittee must visually survey the entire facility for any sources of excessive fugitive emissions using EP A Method 22. For the purpose of this survey, excessive fugitive emissions are considered to be any visible emissions that leave the plant site boundaries. If sources of excessive fugitive emissions are identified, the permittee shall: [OAR 340-218-0050(3)(a)] 8.b. Immediately take corrective action to minimize the fugitive emissions, including but not limited to those actions identified in Condition 7; or Conduct a modified EP A Method 9 test within 24 hours to quantify the magnitude and ensure opacity is less than 20%; For the purposes of this permit "modified EPA Method 9" is defmed as follows . Opacity shall be measured in accordance with EPA Method 9. For all standards, the minimum observation period shall be six minutes, though longer periods may be required by a specific rule or permit condition. Aggregate times (e.g., 3 minutes in anyone hour) consist of the total duration of all readings during the observation period that are equal to or exceed the opacity percentage in the standard, whether or not the readings are consecutive. Each EP A Method 9 reading represents 15 seconds of time. [See the defmition of "Opacity" in OAR 340-208-00 I 0] Recordkeeping: The permittee shall maintain records of the fugitive emission surveys, corrective actions (if necessary), and/or the results of any modified EP A Method 9 tests. . 8.a. 8.c. 8.d. . . . Permit No.: 25-0001 Expiration Date: 06/01/04 Page 6 of28 9. Asbestos Handling Applicable Requirement: For all asbestos-containing waste material received, the permittee must: 9.a. Ensure that off-loading of asbestos-containing waste material is done under the direction and supervision of the landfill operator or their authorized agent and accomplished in a manner that prevents the leak-tight transfer containers from rupturing and prevents visible emissions to the air [OAR 340-248-0280(1 O)(a)(A)] If visible emissIOns are observed, the permittee must . immediately take measures to suppress emissions. Such measures include but are not limited to wetting the source of emissions or covering the source of emissions with soil. 9.b. Ensure that off-loading of asbestos-containing waste material occurs at the immediate location where the waste is to be buried and restrict public access to the off-loading area until waste is covered. [OAR 340-248-0280(1 O)(a)(B)] 9.c. Immediately notify the Department by telephone, followed by a written report the following working day, of the presence of improperly enclosed or uncovered waste. Submit a copy of the signed asbestos waste shipment record along with the report. [OAR 340-248-0280(10)(a)(E)] 9.d. Send a copy of the signed asbestos waste shipment record to the asbestos waste generator as soon as possible, but no longer than 30 days after receipt of the waste. [OAR 340-248-0280(10)(a)(F)] 9.e. Upon discovering a discrepancy between the quantity of waste designated on the asbestos waste shipment records and the quantity actually received, attempt to reconcile the discrepancy with the asbestos waste generator. If the discrepancy cannot be reconciled, the permittee must report the discrepancy and reconciliation attempts in writing to the Department within the 15th day after receiving the waste. A copy of the asbestos waste shipment record with the Department assigned asbestos project number shall be submitted with the report. [OAR 340-248-0280(1 O)(a)(G)] 9.f. Select the asbestos waste burial site in an area of minimal work activity that is not subject to future excavation. [OAR 340-248-02 80( I 0)( a )(H)] 9.g. Cover all asbestos-containing waste material deposited at the disposal site with at least 12 inches of soil or six inches of soil plus 12 inches of other waste before compacting equipment runs over it but not later than the end of the operating day. [OAR 340-248-0280(IO)(a)(I)] These conditions are enforceable only by the state. Monitoring Requirement: For all asbestos-containing waste material received, the permittee shall visually survey the off-loading of the leak-tight transfer containers to ensure no visible emissions are released and that the container is properly disposed. This condition is enforceable only by the state. 10. 11. Recordkeeping Requirements: The permittee must maintain the following records: Il.a. A copy of asbestos waste shipment records must be maintained for at least three years [OAR 340- 248-0280(10)(a)(D)]; 1 Lb. A log of visible observations taken during unloading [OAR 340-248-0280(10)(a)(A)]; lI.c. A record of the location, depth and area, and quantity in cubic yards of asbestos-containing waste material within the disposal site on a map or diagram of the disposal area must be maintained until . landfill closure. [OAR 340-248-0280(10)(b)] These conditions are enforceable only by the state. Applicable Requirement: Excavation or disturbance of asbestos-containing waste material, that has been deposited at a waste disposal site and is covered, is considered an asbestos abatement project. The Department must be notified of all such activities using Department forms. The project notification and project notification fees must be submitted to the Department at least 45 days before beginning any excavation or disturbance of the asbestos-containing waste disposal site. The notification must include, but is not limited to: [OAR 340-248-0280(IO)(c)] 12.a The reason for disturbing the waste; 12. Permit No.: 25-0001 Expiration Date: 06/01/04 Page 7 of28 . 12.b. Procedures to be used to control emissions during the excavation, storage, transport,. and ultimate disposal of the excavated asbestos-containing waste material. If deemed necessary, the Department may require changes in the emission control procedures to be used; 12.c. The location of any temporary storage site and the fmal disposal site. These conditions are enforceable only by the state. 13. Monitoring and Recordkeeping Requirement: The permittee must maintain a record of the location of all asbestos containing waste and keep a log of any asbestos waste area disturbed for any reason. This.- condition is enforceable only by the state. Sulfur Content of Diesel Oil 14. Applicable Requirement: The permittee shall not use any ASTM Grade 2 distillate fuel oil containing more than 0.5 percent sulfur by weight, including periods of startup, shutdown, and malfunction. The sulfur content of the oil shall be monitored in accordance with Condition 15. [340-028-0110(2)] 15. Monitoring Requirement: The permittee shall monitor the sulfur content of each shipment of ASTM Grade 2 distillate fuel oil received by obtaining a sulfur analysis certificate from the vendor for each shipment. Condition Pollutant! Limit! Averaging Testing Monitoring Applicable Requirement Number Parameter Standard Time Condition Condition 340-238-0100(2) 16 NMOC 50 annual 18 17 40 CFR 60752 Mglyear Table 2 Emissions Unit LFG-Ol (Baseline Scenario): . Landfill Gas Emissions (Baseline Scenario) 16. Applicable Requirement: Under the baseline operating scenario the permittee must annually calculate the NMOC emission rate in accordance with Conditions 17 through 19. [40 CFR 60.752(b)] 16.a. If the calculated NMOC emission rate is less than 50 Mglyear, the permittee must continue to calculate and submit annual reports on NMOC emissions until such time as the calculated NMOC emission rate is equal to or greater than 50 Mglyear, or the landfill is closed. 16.b. If the estimated NMOC emission rate is less than 50 Mglyr for five consecutive years, the permittee may elect to submit an estimate of the NMOC emissions for the next five year period in lieu of the annual report. The estimate shall include the amount of solid waste in-place and an estimated waste acceptance rate for each year of the five year period. This estimate shall be revised at least once every fi~e years. If the actual waste acceptance rate exceeds the estimated rate in any year, a revised 5-year estimate shall be submitted. [40 CFR 60.757(b)(I)(ii)] 16.c. If the calculated NMOC emission rate is equal to or greater than 50 Mglyear, the permittee must: [40 CFR 60.752(b)(2)] 16.c.i. Within in one year, submit a collection and control system design plan prepared by a professional engineer; 16.c.ii. Install a collection and control system within 18 months of the submittal of the design plan that effectively captures the gas generated within the landfill; 16.c.iii. Operate the collection and control system in accordance with the alternate operating scenario. 17. Monitoring Requirement: Under the baseline operating scenario, the permittee must annually calculate the NMOC emission rate using the following equation: [40 CFR 60.754(a)(l)(i)] . . . . Permit No.: 25-0001 Expiration Date: 06/01/04 Page 8 of28 n MNMOC = L2kLoM,(e-kr, XCNMocX3.6xlO-9) ,=1 Where: MNMOC k Lo M) t) ~OC 3.6xlO.9 = Total NMOC emission rate from the landfill, Mg/year = Methane generation rate constant, year'] (default 0.02/year) .= Methane generation potential, meters3/Mg solid waste (default 170 ~3/Mg) = Mass of solid waste in the ith section, Mg - = age of the ith section, years = Concentration ofNMOC, ppmv as Hexane (default 4,000 ppmv) = Conversion factor The mass of nondegradable solid waste may be subtracted from the total mass of solid waste in a particular section of the landfill when calculating the value for M, if the docwnentation of ConditIOn 19 is followed. 18. Testing Requirement (optional): If the permittee wants to use values other than the default values for ~oc, or k in the monitoring equation of Condition 17 the following procedure must be used: l8.a. The permittee shall determine NMOC concentration, CNMOC, by installing at least 2 sample probes per hectare of landfill surface that has retained waste for at least 2 years. If the landfill is larger than 25 hectares in area, no more than 50 samples are required. The sample probes should be located to avoid known areas of nondegradable solid waste. The permittee shall collect and analyze one sample oflandfill gas from each probe to determine NMOC concentration using EPA method 25C, method 18 or any other alternative method approved by the Department and EP A. If method 18 is used, the minimum list of compounds to be tested shall be those published in the most current Compilation of Air Pollutant Emission Factors (AP-42). If composite sampling is used, equal volumes shall be taken from each sample probe. The permittee shall divide the NMOC concentration from method 25C by six to convert the ppmv as carbon to ppmv as hexane. If the resulting NMOC emission calculation is less than 50 Mglyr, the permittee must retest the site-specific NMOC concentration at least every 5 years. [40 CFR 60.754(a)(3)] l8.b. The permittee shall determine the methane generation rate constant, k, by using the procedures of EPA method 2E, or any other alternative method approved by the Department and EPA. [40 CFR 60.754(a)(4)] 19. Recordkeeping Requirement: The permittee must keep for at least 5 years up-to-date records of the maximum design capacity, the current amount of solid waste in place, and the year by year acceptance rate. Records of the annual calculation ofNMOC emissions must be kept along with docwnentation of the nature, date of deposition, amount, and location of asbestos-containing or nondegradable waste excluded from the calcu,lation ofNMOC emissions. [40 CFR 60.758(a)] Permit No.: 25-0001 Expiration Date: 06/01/04 Page 9 of 28 . Applicable CondItion Pollutant! Averaging Testing Monitoring Requirement Number Parameter Limlt!Standard Time Condition Condition 40 CFR 60.753(a) 20 NMOC Installation of NA NA 21 collection wells 40 CFR 60.753(b) 22 collectIOn well maintain NA NA 23 pressure negative pressure - 40 CFR 60.753(c) 25 well air infiltration 550C and 5% O2 NA 26 26 40 CFR 60.753(d) 28 uncollected methane 500 ppm above NA 29 29 background 40 CFR 60.752(b) 31 collected landfill gas route to NA 32,34 33,35 40 CFR 60.753(e) controUtreatrnent 40 CFR 60 753(f) device Table 3 Emissions Unit LFG-Ol (Alternate Operating Scenario): Landfill Gas Emissions (Alternate Operating Scenario) 20. Applicable Requirement: The permittee must collect gas from each area, cell, or group of cells in the landfill in which the initial solid waste has been placed for a period of 5 years or more if active; or 2 years or more if closed or at fmal grade. [40 CFR 60.753(a)] 21. Monitoring and Recordkeeping Requirement: The permittee must maintain records of the date waste is initially placed in each cell and the date the alternative operating scenario begins. . 22. Applicable Requirement: The permittee must collect landfill gas at a sufficient extraction rate and must operate the system in a manner to minimize off-site migration of subsurface gas. The permittee must operate the gas collection system with negative pressure at each wellhead except under the following conditions: [40 CFR 60.753(b)] 22.a. A fire or increased well temperature. The permittee must record instances when positive pressure occurs in efforts to avoid a fire. 22.b. Use of a geomembrane or synthetic cover. The permittee must develop acceptable pressure limits in the design plan submitted under Condition 16.c.i. 22.c. A decommissioned well. A well may experience a static positive pressure after shut down to accommodate for declining flows. All design changes which decommission wells must be approved by the Department. 22.d. The Department approves an alternative pressure standard under the control system design plan. [40 CFR 60.752(b)(2)(i)(B)]. Ifmonitoring demonstrates that the pressure standard at each wellhead is not met, corrective action must be taken as specified in Condition 23. If corrective actions are taken, the monitored exceedance is not a violation. [40 CFR 60.753(g)] 23. , Monitoring Requirement: The permittee must measure the gauge pressure in the gas collection header of each active wellhead on a monthly basis. If a pressure greater than the standard exists, action must be initiated to correct the exceedance within 5 calendar days. If the pressure standard cannot be achieved without excess air infiltration within 15 calendar days of the first measurement, the gas collection system must be expanded to correct the exceedance within 120 days of the initial measurement greater than the pressure standard. [40 CFR 60.755(a)(3)] Installation of additional collection wells to maintain the pressure standard are not required during the first 180 days after initial gas collection system start-up. [40 CFR 60.755(a)(4)] . . . . Permit No.: 25-000 I Expiration Date: 06/01/04 Page 10 of28 24. Recordkeeping Requirement: The permittee must maintain an up-to-date map showing each existing and planned collector in the system, including installation dates, records of the density of wells or other gas extraction devices, and records of the maximum expected gas generation flow rate calculation. [40 CFR 60.758(a)(1)] The permittee must maintain logs of monthly wellhead monitoring, including any monitored exceedance, the value and length of time of the exceedance, and corrective action. 25. Applicable Requirement: The permittee must operate each active interior wellhead in the collectio~ system with a landfill gas temperature less than 550 C and with an oxygen level less than 5%. The permittee may establish a higher operating temperature or oxygen value at a particular well if data are provided demonstrating that the elevated parameters do not cause fires or significantly inhibit anaerobic decomposition by killing methanogens. [40 CFR 60.753(c)] The oxygen must be monitored in acc-ordance with Condition 26. Ifmonitoring demonstrates that the temperature or oxygen levels at each wellhead is not met, corrective action must be taken as specified in Condition 26. If corrective actions are taken, the monitored exceedance is not a violation. [40 CFR 60.753(g)] 26. Monitoring and Testing Requirement: The permittee must monitor the temperature and oxygen content of landfill gas from each wellhead on a monthly basis. Unless otherwise approved by the Department oxygen must be determined using method 3A as modified in 40 CFR 60.754(c)(2). If a well exceeds one of the operating parameters, action must be initiated within 5 calendar days. If correction of the exceedance cannot be achieved within 15 calendar days of the first measurement, the gas collection system must be expanded to correct the exceedance within 120 days of the initial exceedance. Any attempted corrective measure must not cause exceedances of other operational or performance standards. [40 CFR 60.755(a)(5)] 27. Recordkeeping Requirement: The permittee must maintain logs of monthly wellhead monitoring, including any monitored exceedance, the value and length of time of the exceedance, and corrective action; 28. Applicable Requirement: The collection system must be operated so that the methane concentration is less than 500 ppm above background at the surface of the landfill. [40 CFR 60.753(d)] The methane concentration must be monitored in accordance with Condition 29. If monitoring demonstrates that the methane concentration exceeds the limit, corrective action must be taken as specified in Conditions 29.c or 29.e. If corrective actions are taken, the monitored exceedance is not a violation. [40 CFR 60.753(g)] 29. Monitoring and Testing Requirement: After installation of the landfill gas collection system, the permittee must monitor surface concentrations of methane along the entire perimeter of the collection area and along a pattern that traverses the landfill at 30 meters intervals (or a site-specific established spacing) for each collection area on a quarterly basis using an organic vapor analyzer, flame ionization detector, or other portable monitor meeting the specifications of 40 CFR 60.755(d). The background methane concentration must be determined by moving the probe inlet upwind and downwind outside the boundary of the landfill at a distance of at least 30 meters from the perimeter wells. Monitoring must be performed in accordance with section 4.3.1 of method 21 except that the probe inlet shall be placed within 5 to 10 centimeters of the ground. Monitoring must be performed during typical meteorological conditions. [40 CFR 60.755(c)] Any reading of 500 ppm or more above background at any location must be recorded as a monitored exceedance and the following actions shall be taken. As long as the specified actions are taken, the exceedance is not a violation of the operational requirements. 29.a. 29.b. The location of each of each monitored exceedance must be marked and recorded. Perform maintenance on the landfill cover, adjust the vacuum on adjacent collection wells to increase the gas collection in the vicinity of each exceedance, or other maintenance and then monitor the location again within 10 days of detecting the exceedance. Permit No.: 25-0001 Expiration Date: 06/01/04 Page 11 of28 29.c. Ifre-monitoring shows a second exceedance, additional corrective action must be taken and the location monitored again within 10 days of the second exceedance. If a third exceedance occurs the permittee must take the action specified in Condition 29.e and no further monitoring is required until the action specified in Condition 29.e has been taken. 29.d. Any location that initially showed an exceedance, but is less than 500 ppm above background on subsequent re-monitoring required in Conditions 29.b or 29.c must be re-monitored 1 month from the initial exceedance. If the I-month re-monitoring shows a concentration less than 500 ppm above background, no further monitoring is required at that location until the next quarterly monitoring period. If the monitoring show an exceedance, the actions specified in Conditions 29.c or 29.e must be taken. 29.e. For any location where monitored methane concentration equals or exceeds 500 ppm above background three times within a quarterly period, a new well or other collection device must be installed within 120 calendar days of the initial exceedance. An alternative remedy to the exceedance, such as upgrading the blower, header pipes or control device, and a corresponding timeline for installation may be submitted to the Department for approval. 30. Recordkeeping Requirement: The permittee must maintain surface methane concentration monitoring logs including any monitored exceedance and corrective action; 31. Applicable Requirement: All collected gas must be routed to a control system meeting one of the following requirements. [40 CFR 60.752(b)(2)] The control or treatment system must be operated at all times when the collected gas is routed to the system. In the event the collection or control system is inoperable, the gas mover system shall be shut down and all valves in the collection and control system contributing to the venting of the gas to the atmosphere must be closed within one hour. [40 CFR 60.753(e), (f)] 31.a. If the permittee installs an open flare to control landfill gas, the flare shall be designed for and operated with no visible emissions except for periods not to exceed 5 minutes during any 2 consecutive hours as determined by Condition 32. The flare must be operated with a flame present at all times as determined by Condition 33. [40 CFR 60.18(c)] 31.b. If the permittee installs a non-open flare control device, the system must reduce NMOC by 98 weight percent. If the control device is an enclosed combustion device the NMOC can either be reduced 98 weight percent or have an exit NMOC concentration of20 ppmv, dry basis as hexane at 3% oxygen. The reduction efficiency or exit NMOC concentration shall be established in accordance with Condition 34 and monitored in accordance with Condition 35. Ifa boiler or process heater is used as the control device, the landfill gas stream must be introduced into the flame zone. 31.c. If the permittee elects to route the collected gas to a treatment system that processes the collected gas for subsequent sale or use, all emissions from any atmospheric vent from the gas treatment system is subject to the requirements of Conditions 31.a or 31.b. Testing Requirement: If the permittee installs an open flare to control landfill gas emissions, visible emissions shall monitored by conducting an EP A Method 22 test. This method does not require that the opacity of emissions be determined, therefore, the person conducting this test does not need to be Method 9 certified. However, the individual should be familiar with the general procedures of EP A Method 9 including using the proper location to observe visible emissions. An initial Method 22 test shall be performed within 180 days after initial startup of the flare. The initial test shall include an observation period of2 hours. [40 CFR 60.18(f)(1)] 32. 33. Monitoring Requirement: The presence of a flare pilot flame must be monitored using a thermocouple or any other equivalent device to detect the presence of a flame. [40 CFR 60.18(f)(2)] . . . . . . Permit No.: 25-0001 Expiration Date: 06/01/04 Page 12 of28 34. Testing Requirement: Under the alternative operating scenario, if the permittee installs a non-open flare control device, an initial source test using EPA method 25, method 18 or other method approved by the Department and EP A must be performed no later than 180 days after initial startup. If using method 18, the minimum list of compounds to be tested must be those published in the most recent Compilation of Air Pollutant Emission Factors (AP-42). The following equation must be used to calculate efficiency: [40 CFR 60.754(d)] ~m . NMOCm - NMOCout Control E.JJ lClency = NMOCm where: NMOCIO NMOCOUI mass ofNMOC entering control device mass ofNMOC exiting control device 35. Monitoring Requirement: Under the alternative operating scenario, if the permittee installs a non-open flare control device, the permittee must calibrate, maintain and operate according to the manufacturer's specifications the following equipment: [40 CFR 60.756(b)] 35.a. A temperature monitoring device equipped with a continuous recorder. A temperature monitoring device is not required for boilers or process heaters with design heat input capacity greater than 44 megawatts. 35.b. Either a gas flow rate measuring device that measures and records gas flow to the control device every 15 minutes; or secure the control device bypass line valve in the closed position with a car- seal or a lock-and-key type configuration. If the bypass line valve is secured, a visual inspection of the seal or closure mechanism shall be performed at least once every month. 36. Recordkeeping Requirement: The permittee must maintain records of periods when the collection system or control device is inoperable. The record must log where the problem occurred, the reason the system is inoperable, and the response taken. If inspections of the control device bypass line valve are conducted, a log of these inspections must be kept. 36.a. If a flare is used as the control device, record must be kept of the flare type, all visible emission readings, heat content determination, flow rate or bypass flow rate measurements, exit velocity determinations during testing, continuous records of the flare pilot flame or flare flame monitoring as well as all periods of operations during which the pilot flame of the flare is absent 36.b. If an enclosed combustion device other than a boiler or process heater is used as the control device, record of the average combustion temperature measured at least every 15 minutes and averaged over the same time period of the performance test and the percent reduction ofNMOC determined by test must be kept. 36.c. If a boiler or process heater is used as the control device, record of the location at which the collected gas stream is introduced into the boiler or process heater and boiler operating parameters must be kept. Insignificant Activities Emission Limits and Standards 37. Applicable Requirements: The Department acknowledges that insignificant emissions units identified by rule as either categorically insignificant activities or aggregate insignificant emissions [OAR 340-200- 0020] exist at facilities required to obtain an Oregon Title V Operating Permit. These units must comply with all applicable requirements. In general, the requirements that could apply are incorporated as follows: 37.a. 37.b. OAR 340-208-0110 (20% opacity) OAR 340-228-0210 (0.1 gr/dscf corrected to 12% CO2 or 50% excess air for fuel burning equipment) OAR 340-226-0210 (0.1 gr/dscf for non-fugitive, non-fuel burning equipment) 37.c. Permit No.: 25-0001 Expiration Date: 06/01/04 Page 13 of 28 38. Testing, Monitoring, and Recordkeeping Requirements: Unless otherwise specified in this permit or an applicable requirement, the Department is not requiring any testing, monitoring, recordkeeping, or reporting for the applicable emissions limits and standards. However, if testing were performed for compliance purposes, the permittee would be required to use the test methods identified in the defmitions of "opacity" and "particulate matter" in OAR 340-208-0010 and perform the testing in accordance with the Department's Source Sampling Manual. PLANT SITE EMISSION LIMITS 39. The plant site emissions shall not exceed the following: Table 4 Plant Site Emission Limits Baseline Scenario Alternate Operating Scenario Plant Site Emission Limit Plant Site Emission Limit Credits Pollutant (lb/day) (ton/yr) (lb/day) (ton/yr) (tons/yr) PM! PM10 340 43 348 44 0 CO 174 7.7 510 69 0 NOx 141 6.8 160 10 0 S02 -- 1.0 -- 1.0 0 VOC 102 20 26 5.8 0 40. Monitoring and Recordkeeping Requirements: The permittee must determine compliance with the PSEL by conducting monitoring in accordance with the following procedures, test methods, and frequencies: [OAR 340- 218-0050(3)] 40.a. The permittee shall monitor and maintain records of the following process parameters: Table 5 Process Parameters to Monitor for PSEL Compliance Emissions Unit Process Parameter Units Frequency Engines (ENG-Ol) power of each engine x hours hp-hr daily, annual of operation Stockpiles (STR-Ol) Cover soil (active piles) active area, days of activity acres, acre-days daily, annual Cover soil (inactive piles) inactive area, days of inactivity acres, acre-days daily, annual Liner soil (active piles) active area, days of activity acres, acre-days daily, annual Liner soil (inactive piles) inactive area, days of inactivity acres, acre-days daily, annual Drain rock (active piles) active area, days of activity acres, acre-days daily, annual Drain rock (inactive piles) inactive area, days of inactivity acres, acre-days daily, annual Material Handling (MH-OI) tons handled ton daily, annual Roads (pRD-O 1, UPR-O 1) vehicle miles traveled VMT daily, annual Landfill Gas generated (LFG-O 1) refuse in place Mg. daily, annual Landfill Gas to Flare (LFG-O 1) gas flow rate million cubic feet daily, annual * Refuse in place may exclude asbestos or nondegradable refuse placed in a segregated area if documentation is provided. Amount of refuse in place is input to EP A model to calculate LFG emissions. . . . . . . Permit No.: 25-0001 Expiration Date: 06/01/04 Page 14 of28 40.b. The permittee shall determine compliance with the PSEL by calculating emissions using the following formula, the process parameter measurements identified in Condition 40.a. and the emission factors listed in Condition 40.c.: E= :L(Peu xEFeu) 1 K where: E= PC1J= EFC1J= Pollutant emissions - lbslday or tonslyr Process parameter identified in Condition 40.a. Emission factor identified for each emissions unit and pollutant in Condition 40.c. 2,000 lb/ton for annual emissions, 1.0 lb/lb for daily emissions. K= 40.c. Emissions factors for calculating pollutant emissions: Table 6 Emission Factors used to Monitor for PSEL Compliance Short Term Annual Emissions units Pollutant Emission Factor Emission Factor Units ENG-OI (diesel) NO. 3. I OE-02 3.IOE-02 Iblhp-hr CO 6.68E-03 6.68E-03 Ib/hp-hr ENG-OI (gasoline) NO. 1.IOE-02 1.IOE-02 Ib/hp-hr CO 4.39E-OI 4.39E-OI Ib/hp-hr STR-O 1 Active stockpiles PMlPM10 6.3 6.3 lb/acre-day Inactive stockpiles PMlPMIO 1.7 1.7 Ib/acre-day MH-OI PMlPMIO 1.94E-03 1.94E-03 Ib/ton PRD-OI PMlPMIO 0.377 0.377 IbNMT UPR-OI PMlPMIO 1.39 1.39 IbNMT LFG-O I (baseline) CO EP A Modell EPA Modell NA VOC EP A Modell EPA Modell NA LFG-OI (alternate) Flare2 PMlPMIO 17 17 lb/MM cu. ft. NO. 40 40 lbl MM cu. ft. CO 750 750 lbl MM cu. ft. VOC 0.8% ofEPA model1.2 0.8% ofEPA model1.2 NA Landfill2 CO 25% of EP A model1.2 25% ofEPA model1.2 NA VOC 25% ofEPA model'.2 25% of EP A model1.2 NA 1. EPA "Landfill Air Emissions Estimation Model" Version 1.0. with default parameters: methane generation rate (k) 0.02 yr-!, methane generation potential (Lo) 100 mJ/Mg, CO concentration 309.32 ppmv, VOC emissions are 39% ofNMOC emissions, and site-specific NMOC concentration of926.00 ppmv. 2. Assumes 75% oflandfill gas is collected and routed to flare. Flare controls 99.2% ofVOC emissions. GENERAL TESTING REQUIREMENTS 41. Unless otherwise specified in this permit, the permittee shall conduct all testing in accordance with the Department's Source Sampling Manual. [OAR 340-212-0120] 41.a. Only regular operating staff may adjust the processes or emission control device parameters during a compliance source test and within two (2) hours prior to the tests. Any operating adjustments made during a compliance source test, which are a result of consultation during the / Permit No.: 25-0001 Expiration Date: 06/01/04 Page 15 of28 tests with source testing personnel, equipment vendors, or consultants, may render the source test invalid. 41.b. Unless otherwise specified by permit condition or Department approved source test plan, all compliance source tests shall be performed at maximum operating rates (90 to 110% of device design capacity or maximum landfill gas collection system efficiency in the case of landfill gas control devices). 41.c. Each source test shall consist of at least three (3) test runs and the emIssions results shall b~ reported as the arithmetic average of all valid test runs. If for reasons beyond the control of the permittee a test run is invalid, the Department may accept two (2) test runs for demonstrating compliance with the emission limit or standard. 41.d. Source test reports prepared in accordance with the Department's Source Sampling Manual shall be submitted to the Department within 30 days of completing any required source test, unless a different time period is approved in the source test plan submitted prior to the source test. 42. The permittee shall conduct an emission factor verification test using the following test method and minimum test frequency if the landfill gas is vented through an enclosed flare: Table 7 Emission Factor Verification Testing Monitoring Point Pollutant Test Method Minimum- :-. LFG-Ol (alternate scenario) CO EP A Method 10 1 time per permit term II - 42.a. The permittee shall notify the Department at least 15 days prior to conducting any emission factor verification tests by submitting a source test plan in accordance with the Department's Source Sampling Manual. 42.b. The permittee shall submit a summary of all emission factor verification tests to the Department within 45 days of any test. The summary shall include the following information: 42.b.i. Emissions unit and monitoring point identification; 42.b.ii. Emission results in pounds per hour; 42.b.iii. Process parameters during the test (e.g. gas flow rate, etc.); and 42.b.iv. Control device operating parameters. 42.c. The emissions factors listed in Condition 40.c. are not enforceable limits unless otherwise specified in this permit. Compliance with the PSEL shall only be determined by the calculations contained in Condition 40.b. of this permit using the monitored parameters recorded during the reporting period and the'Cmission factors contained in Condition 40.c. 42.d. The CO emission factor verification test on the flare will be waived if the alternative operating scenario is started within 1 year of the expiration date of this permit. GENERAL MONITORING AND RECORDKEEPING REQUIREMENTS [OAR 340-218-0050(3)(a) and (b)] 43. Moni~oring Requirements: 43.a. The permittee shall not knowingly render inaccurate any required monitoring device or method. [OAR 340-218-0050(3)(a)(E)] 43.b. Methods used to determine actual emissions for fee purposes shall also be used for compliance determination and can be no less rigorous than the requirements of OAR 340-218-0080. [OAR 340-218-0050(3)(a)(F)] 43.c. Monitoring requirements shall commence on the date of permit issuance unless otherwise specified in the permit or an applicable requirement. [OAR 340-218-0050(3)(a)(G)] . . . / . 44. . Permit No.: 25-0001 Expiration Date: 06/01/04 Page 16 of28 Recordkeeping Requirements: 44.a. The permittee shall maintain the following general records of testing and monitoring required by this permit: [OAR 340-218-0050(3)(b)(A)] 44.a.i. The date, place as defined in the permit, and time of sampling or measurements; 44.a.ii. The date(s) analyses were performed; 44.a.iii. The company or entity that performed the analyses; 44.a.iv. The analytical techniques or methods used; 44.a.v. The results of such analyses; 44.a. vi. The operating conditions as existing at the time of sampling or measurement; and 44.a.vii. The records of quality assurance for continuous monitoring systems (including but not limited to quality control activities, audits, calibration drift checks). 44.b. Unless otherwise specified by permit condition, the permittee shall make every effort to maintain 100 percent of the records required by the permit. If information is not obtained or recorded for legitimate reasons (e.g., the monitor or data acquisition system malfunctions due to a power outage), the missing record(s) shall not be considered a permit deviation provided the amount of data lost does not exceed 10% of the averaging periods in a reporting period or 10% of the total operating hours in a reporting period, ifno averaging time is specified. Upon discovering that a required record is missing, the permittee shall document the reason for the missing record. In addItion, any missing record that can be recovered from other available information shall not be considered a missing record. [OAR 340-214-0110,340-212-0160, and 340-218-0050(3)(b)] 44.c. Recordkeeping requirements shall commence on the date of permit issuance unless otherwise specified in the permit or an applicable requirement. [OAR 340-218-0050(3)(b )(C)] 44.d. Unless otherwise specified, the permittee shall retain records of all required monitoring data and support information for a period of at least five (5) years from the date of the monitoring sample, measurement, report, or application. Support information includes all calibration and maintenance records and all original strip-chart recordings for continuous monitoring instrumentation, and copies of all reports required by the permit. [OAR 340-218-0050(b )(B)] REPORTlNG REQUIREMENTS 45. Within 180 days of installation and startup of a collection and control system and every year thereafter in the annual report, the permittee must submit a report containing the following information. The initial report shall include the initial performance test results (Conditions 32, 34) and the following information: [40 CFR 60.757(1)] Value and length of time for exceedance of applicable parameters monitored in Conditions 23, 26, 33, and 35; Description and duration of all periods when the gas stream is diverted from the control device through a bypass line; Description and duration of all periods when the control device does not operate for a period exceeding 1 hour; All periods when the collection system does not operating in excess of 5 qays; The location of each exceedance of the 500 ppm methane concentration monitored in Condition 29, and the concentration recorded at each location for which an exceedance was recorded in the previous month; The date of installation and the location of each well or collection system expansion added pursuant to Conditions 20,23, and 29. 46. The permittee must submit the following information with the initial performance test report. [40 CFR 60.757(g)] If the calculated NMOC emission rate exceeds 50 Mglyear, the permittee must submit a . 45.a. 45.b. 45.c. 45.d. 45.e. 45.f. Permit No.: 25-0001 Expiration Date: 06/01/04 Page 17 of28 collection and control system design report within 1 year of the fIrst annual NMOC emission report showing a 50 Mglyear NMOC emission rate including: 46.a. A diagram of the collection system showing all wells, horizontal collectors, surface collectors, or other gas extraction devices, including the locations of any areas excluded from collection and the proposed sites for future collection system expansion; 46.b. The data upon which the suffIcient density of wells, horizontal collectors, surface collecto~s, or other gas extraction devices and the gas mover equipment are based; 46.c. The documentation of the presence of asbestos or nondegradable materials for each area from which collection wells have been excluded; 46.d. The sum of the gas generation flow rates for all areas from which collection wells have been excluded based on non-productivity and the calculations of gas generation flow rate for each excluded area; 46.e. The provisions for increasing gas mover equipment capacity with increased gas generation flow rate, if the present gas mover equipment is inadequate to move the maximum flow rate expected over the life of the landfIll; 46.f. The provisions for the control of off-site migration. The permittee shall submit four (4) copies of reports of any required monitoring at least every 6 months, completed on forms approved by the Department. Six month periods are January 1 to June 30, and July 1 to December 31. One copy of the report shall be submitted to the Air Quality Division, two copies to the regional offIce, and one copy to the EP A. All instances of deviations from permit requirements shall be clearly identifIed in such reports: [OAR 340-218-0050(3)(c)(A) and 340-218-0080(6)(d)]] 47.a. The fIrst semi-annual report shall be due on July 30 and shall include the semi-annual compliance certifIcation, OAR 340-218-0080. 47.b. The annual report shall be due on February 15 and shall consist of the following: 47. 47.b.i. 47.b.ii. 47.b.iii. 47.b.iv. 47.b.v. 47.b.vi. 47.b.vii. 47.b.viii. 47.b.ix. Annual NMOC emission rate report including all the data, calculations, sample reports and measurements used to estimate the emissions. Annual NMOC reporting will not be required when a collection and control device is operating in compliance under the alternative operating scenario; Hours of operation of each engine multiplied by that engine's rating (hp-hr/yr); Area of each storage pile (cover soil, liner soil, drain rock) multiplied by the number of days that pile is active or inactive (acre-day/yr); Amount of stockpile material handled (ton/yr); Number of vehicle miles traveled on paved and unpaved roads (VMT/yr); Volume of landfIll gas sent to the control device (alternative operating scenario) (MM cu. ft.lyr); The emission fee report; [OAR 340-220-0100] The excess emissions upset log; [OAR 340-214-0340] The second semi-annual compliance certifIcation; and [OAR 340-218-0080] 48. The semi-annual compliance certifIcation shall include the following (provided that the identifIcation of applicable information may cross-reference the permit or previous reports, as applicable): [OAR 340-218- 0080(6)(c)] The identifIcation of each term or condition of the permit that is the basis of the certifIcation; The identifIcation of the methodes) or other means used by the owner or operator for determining the compliance status with each term and condition during the certifIcation period, and whether such methods or other means provide continuous or intermittent data. Such methods and other means shall include, at a minimum, the methods and means required under OAR 340-218- 0050(3). Ifnecessary, the owner or operator also shall identify any other material information that / 48.a. 48.b. . . . . Permit No.: 25-0001 Expiration Date: 06/01/04 Page 18 of28 48.c. must be included in the certification to comply with section 113(c)(2) of the FCAA, which prohibits knowingly making a false certification or omitting material information; The status of compliance with terms and conditions of the permit for the period covered by the certification, based on the method or means designated in OAR 340-218-0040(6)(c)(B). The certification shall identify each deviation and take it into account in die compliance certification. The certification shall also identify as possible exceptions to compliance any periods during which compliance is required and in which an excursion or exceedance, as defmed under OAR 340-200- 0020, occurred; and Such other facts as the Department may require to determine the compliance status of the source; 48.d. 49. Notwithstanding any other provision contained in any applicable requirement, the owner or operator may use monitoring as required under OAR 340-218-0050(3) and incorporated into the permit, in addition to any specified compliance methods, for the purpose of submitting compliance certifications. [OAR 340- 218-0080(6)(e)] Excess Emissions Reporting [OAR 340-214-0300 through 340-214-0360] 50.a. The permittee shall report all excess emissions in accordance with OAR 340-214-0300 through 340-214-0360. In summary, the permittee shall immediately (i.e., as soon as possible but in no case more than one hour after the beginning of the excess emission period) notify the Department by telephone or in person of any excess emission, other than pre-approved startup, shutdown, or scheduled maintenance. Notification shall, to the extent reasonably ascertainable at the time of notification, include the source name, nature of the emissions problem, name of the person making the report, name and telephone number of the contact person for further information, date and time of the onset of the upset condition, whether or not the incident was planned, the cause of the excess emission (e.g., startup, shutdown, maintenance, breakdown, or other), equipment involved in the upset, estimated type and quantity of excess emissions, estimated time of return to normal operations, efforts made to minimize emissions, and a description of remedial actIOns to be taken. Follow-up reporting shall be made in accordance with Department direction and OAR 340- 214-0330(2) and 340-214-0340. 50.b. In the event of any excess emissions which are of a nature that could endanger public health and occur during non-business hours, weekends, or holidays, the permittee shall immediately notify the Department by calling the Oregon Emergency Response System (OERS). The current number is 1-800-452-0311. 50.c. If startups, shutdowns, or scheduled maintenance may result in excess emissions, the permittee shall submit startup, shutdown, or scheduled maintenance procedures used to minimize excess emissions to the Department for prior authorization, as required in OAR 340-214-0310 and 340- 214-0320. New or modified procedures shall be received by the Department in writing at least 72 hours prior to the first occurrence of the excess emission event. The permittee shall abide by the approved procedures and have a copy available at all times. 50.d. The permittee shall notify the Department of planned startup/shutdown or scheduled maintenance events only if required by permit condition or if the source is located in a nonattainment area for a pollutant which may be emitted in excess of applicable standards. 50.e. The permittee shall maintain and submit to the Department a log of planned and unplanned excess emissions, on Department approved forms, in accordance with OAR 340-214-0340. . 50. The permittee shall promptly report deviations from permit requirements that do not cause excess emissions, including those attributable to upset conditions, as defmed in the permit, the probable cause of such deviations, and any corrective actions or preventive measures taken. "Prompt" means within seven (7) days of the deviation. Deviations that cause excess emissions, as specified in OAR 340-214-0300 through 340-214-0360 shall be reported in accordance with OAR 340-214-0340. [OAR 340-218-0050(3)(c)(B)] 52. The permittee shall submit any required source test report within 30 days after the source test; unless otherwise approved in the source test plan. [OAR 340-218-0050(3)( c )(C) and 340-212-0120] 51. . Permit No.: 25-0001 Expiration Date: 06/01/04 Page 19 of28 . 53. All required reports shall be certified by a responsible official consistent with OAR 340-218- 0040(5);[OAR 340-218-0050(3)(c)(D)] 54. Reporting requirements shall commence on the date of permit issuance unless otherwise specified in the permit. [OAR 340-218-0050(3)(c)(E)] 55. Addresses of regulatory agencies are the following, unless otherwise instructed: DEQ - Eastern Region 2146 NE 4th, #104 Bend, OR 97701 (541) 388-6146 DEQ - Air Quality Division 811 SW Sixth Avenue Portland, OR 97204 (503) 229-5359 Air Operating Permits US Environmental Protection Agency Mail Stop OAQ-l 08 1200 Sixth Avenue Seattle, W A 98101 NON-APPLICABLE REQUIREMENTS 56. State and Federal air quality requirements (e.g., rules and regulations) currently determined not applicable to the permittee are listed below along with the reason for the non-applicability: [OAR 340-218-0110] Applicable Reason Applicable Reason Applicable Reason Applicable Reason Requirement Code Requirement Code Requirement Code ReqUIrement Code OAR Chapter 340: Division 218: Division 234: Division 260: Division 202 0050(4) b all rules b 0030 and 0040 b all rult-s 0090 and 0100 b Division 236: 40 eFR Division 206 Division 222 all rules b Part 55 b . 0050 c 0050 and 0060 h Division 240: Part 57 b Division 208 Division 226: all rules c Part 60, except subparts b 0210 c 0310 and 0320 e Division 242: A, Cc, and appendices 0520 through 0670 d 0400 h all rules c Part 61, except subparts b Division 210: Division 228: Division 244: A, M, and appendices 0100 through 0120 b 0100 f OlIO through 0180 h Part 63, except subpart b 0200 through 0220 b 0120 f 0200 through 0220 b A and appendices Division 212: 0200 through 0210 e Division 256: Part 72 through 76 b 0210 through 0280 Division 230: all rules b Part77 b Division 214: all rules e Division 258: Part7 8 b 0130(2) and (3) h Division 232: all rules b Part 82 b 0210 and 0220 c 0040 through 0140 c Part 85 through 89 b Reason code definitions: a This pollutant is not emitted by the facility. b The facility is not in this source category. c The facility is not in a special controVnonanainment area. d The facility is not in this county. e The facility does not have this emissions Unit. f The facility does not use this fuel type. g The rule does not apply because no changes have been made at the facility that would trigger these procedural requirements h This method/procedure is not used by the facility. This rule applies only to DEQ and regional authorities j. There are no emissions units with add-on control devices or the pre-controlled potential emiSSIOns are is less than 100 tons per year or the emissions units with add-on control devices and pre-controlled emissions greater than 100 tons per year are subject to emissions standards promulgated after November of 1990. . . . .' Permit No.: 25-0001 Expiration Date: 06/01/04 Page 20 of 28 GENERAL CONDITIONS G 1. General Provision Terms not otherwise defined in the permit shall have the meaning assigned to such terms in the refe.(enced regulation. G2. Reference materials Where referenced in this permit, the version of the following materials are effective as of the dates noted unless otherwise specified in the permit: a. Source Sampling Manual; January 23, 1992 - State Implementation Plan Volume 3, Appendix A4; b. Continuous Monitoring Manual; January 23, 1992 - State Implementation Plan Volume 3, Appendix A6; and c. All state and federal regulations as in effect on the date of issuance of this permit. G3. Compliance [OAR 340-2 I 8-0040(3)(n)(C), 340-218-0050(6), and 340-218-0080(4)] a. The permittee shall comply with all conditions of the federal operating permit. Any permit condition noncompliance constitutes a violation of the Federal Clean Air Act and/or state rules and is grOlmds for enforcement action; for permit termination, revocation and re-issuance, or modification; or for denial of a permit renewal application. Any noncompliance with a permit condition specifically designated as enforceable only by the state constitutes a violation of state rules only and is grounds for enforcement action; for permit termination, revocation and re- issuance, or modification; or for denial of a permit renewal application. Any schedule of compliance for applicable requirements with which the source is not in compliance at the time of permit issuance shall be supplemental to, and shall not sanction noncompliance with the applicable requirements on which it is based. For applicable requirements that will become effective during the permit term, the source shall meet such requirements on a timely basis unless a more detailed schedule is expressly required by the applicable requirement. b. c. G4. Credible Evidence: Notwithstanding any other provisions contained in any applicable requirement, any credible evidence may be used for the purpose of establishing whether a person has violated or is in violation of any such applicable requirements. [OAR 340-214-0120] G5. Certification [OAR 340-214-0110,340-218-0040(5), 340-218-0050(3)(d), and 340-218-0080(2)] Any document submitted to the Department or EPA pursuant to this permit shall contain certification by a responsible official of truth, accuracy and completeness. All certifications shall state that based on information and belief formed after reasonable inquiry, the statements and information in the document are true, accurate, and, complete. The permittee shall promptly, upon discovery, report to the Department a material error or omission in these records, reports, plans, or other documents. / G6. Permit No.: 25-0001 Expiration Date: 06/01/04 Page 21 of28 Open Burning [OAR Chapter 340, Division 264] The permittee is prohibited from conducting open burning, except as may be allowed by OAR 340-264- 0020 through 340-264-0200. G7. Asbestos [40 CFR Part 61, Subpart M (federally enforceable), OAR Chapter 340-248-0010 through 340- 248-0180 (state-only enforceable) and 340-248-0210 through 340-248-0280] The permittee shall comply WIth OAR Chapter 340, Division 248, and 40 CFR Part 61, Subpart M when conducting any renovation or demolition activities at the facility. G8. Stratospheric Ozone and Climate Protection [40 CFR 82 Subpart F, OAR 340-260-0040] The permittee shall comply with the standards for recycling and emissions reduction pursuant to 40 CFR Part 82, Subpart F, Recycling and Emissions Reduction. G9. Permit Shield [OAR 340-218-0110] a. Compliance with the conditions of the permit shall be deemed compliance with any applicable requirements as of the date of permit issuanc~ provided that: i. Such applicable requirements are included and are specifically identified in the permit, or ii. The Department, in acting on the permit application or revision, determines in writing that other requirements specifically identified are not applicable to the source, and the permit includes the determination or a concise summary thereof. Nothing in this rule or in any federal operating permit shall alter or affect the following: i. The provisions of ORS 468.115 (enforcement in cases of emergency) and ORS 468.035 (function of department); 11. The liability of an owner or operator of a source for any violation of applicable requirements prior to or at the time of permit issuance; lll. The applicable requirements of the national acid rain program, consistent with section 408(a) of the FCAA; or iv. The ability of the Department to obtain information from a source pursuant to ORS 468.095 (investigatory authority, entry on premises, status of records). Sources are not shielded from applicable requirements that are enacted during the permit term, unless such applicable requirements are incorporated into the permit by administrative amendment, as provided in OAR 340-218-0 150( 1 )(h), significant permit modification, or reopening for cause by the Department. b. c. G10. Inspection and Entry [OAR340-218-0080(3)] Upon presentation of credentials and other documents as may be required by law, the permittee shall allow the Department of Environmental Quality, or an authorized representative (including an authorized contractor acting as a representative of the EPA Administrator), to perform the following: a. Enter upon the permittee's premises where an Oregon Title V operating permit program source is located or emissions-related activity is conducted, or where records must be kept under the conditions of the permit; Have access to and copy, at reasonable times, any records that must be kept under c'onditions of the permit; Inspect, at reasonable times, any facilities, equipment (including monitoring and air pollution control equipment), practices, or operations regulated or required under the permit; and As authorized by the FCAA or state rules, sample or monitor, at reasonable times, substances or parameters, for the purposes of assuring compliance with the permit or applicable requirements. b. c. d. 21 . . '. . . . Permit No.: 25-0001 Expiration Date: 06/01/04 Page 22 of 28 G11. Fee Payment [OAR 340-220-0010, and 340-220-0030 through 340-220-0190] The permittee shall pay an annual base fee and an annual emission fee for all regulated air pollutants except for carbon monoxide, any class I or class II substance subject to a standard promulgated under or established by Title VI of the Federal Clean Air Act, or any pollutant that is a regulated air pollutant solely because it is subject to a standard or regulation under section 112(r) of the Federal Clean Air Act. The permittee shall submit payment to the Department of Environmental Quality, Business Office, 811 SW 6th Avenue, Portland, OR 97204, within 30 days of the date the Department mails the fee invoice or August 1 of the year following the calendar year for which emission fees are paid, whichever is later. Disputes shall be submitted in writing to the Department of Environmental Quality. Payment shall be made regardless of the dispute. User-based fees shall be charged for specific activities (e.g., computer modeling review, ambient monitoring review, etc.) requested by the permittee. G12. Off-Permit Changes to the Source [OAR 340-218-0140(2)] a. The permittee shall monitor for, and record, any off-permit change to the source that: i. ~s not addressed or prohibited by the permit; ii. Is not a Title I modification; iii. Is not subject to any requirements under Title IV of the FCAA; iv. Meets all applicable requirements; v. Does not violate any existing permit term or condition; and VI. May result in emissions of regulated air pollutants subject to an applicable requirement but not otherwise regulated under this permit or may result in insignificant changes as defmed in OAR 340-200-0020. A contemporaneous notification, if required under OAR 340-218-0 140(2)(b), shall be submitted to the Department and the EP A. The permittee shall keep a record describing off-permit changes made at the facility that result in emission~ of a regulated air pollutant subject to an applicable requirement, but not otherwise regulated under the permit, and the emissions resulting from those off-permit changes. The permit shield of Condition G9 shall not extend to off-permit changes. b. c. d. G13. Section 502(b)(10) Changes to the Source [OAR 340-218-0140(3)] a. The permittee shall monitor for, and record, any section 502(b)(10) change to the source, which is defmed as a change that would contravene an express permit term but would not: i. Violate an applicable requirement; 11. Contravene a federally enforceable permit term or condition that is a monitoring, recordkeeping, reporting, or compliance certification requirement; or 111. Be a Title I modification. b. A minimum 7-day advance notification shall be submitted to the Department and the EPA in accordance with OAR 340-218-0 140(3)(b). c. The permit shield of Condition G9 shall not extend to section 502(b)(1 0) changes. G 14. Administrative Amendment [OAR 340-218-0150] Administrative amendments to this permit shall be requested and granted in accordance with OAR 340- 218-0150. The permittee shall promptly submit an application for the following types of administrative amendments 'upon becoming aware of the need for one, but no later than 60 days of such event: a. Legal change of the registered name of the company with the Corporations Division of the State of Oregon, or Sale or exchange of the activity or facility. b. 22 Permit No.: 25-0001 Expiration Date: 06/01/04 Page 23 of28 GIS. Minor Permit Modification [OAR 340-218-0170) The permittee shall submit an application for a minor permit modification in accordance with OAR 340- 218-0170. . G 16. Significant Permit Modification [OAR 340-218-0180] The permittee shall submit an application for a significant permit modification in accordance with OAR 340-218-0180 Gl7. Staying Permit Conditions [OAR 340-218-0050(6)(e)) Notwithstanding Conditions G 14 and GIS, the filing of a request by the permittee for a permit modification, revocation and re-issuance, or termination, or of a notification of planned changes or anticipated noncompliance does not stay any permit condition. G 18. Construction/Operation Modification [OAR 340-218-0190] No permittee shall construct or make modifications required to be reviewed under OAR 340-218-0190, the construction/operation modification rules, without receiving a Notice of Approval in accordance with OAR 340-218-0190. The permittee should allow 60 days for Department review of applications for a construction/operation modification if public notice is not required, or 180 days ifpublic notice is required. G19. New Source Review Modification [OAR 340-224-0010] No permittee shall construct or make modifications required to be reviewed under New Source Review (OAR 340-224-0010(1)) without receiving an Air Contaminant Discharge Permit (ACDP) (OAR 340-216- 0010). The permittee should allow 180 days for Department review of an ACDP application for New Source Review. ' . G20. Need to Halt or Reduce Activity Not a Defense [OAR 340-2 I 8-0050(6)(b)) It shall not be a defense for a permittee in an enforcement action that it would have been necessary to halt or reduce the permitted activity in order to maintain compliance with the conditions of this permit. G21. Duty to Provide Information [OAR 340-218-0050(6)(e) and OAR 340-214-0110] The permittee shaH furnish to the Department, within a reasonable time, any information that the Department may request in writing to determine whether cause exists for modifying, revoking and reissuing, or terminating the permit, or to determine compliance with the permit. Upon request, the permittee shall also furnish to the Department copies of records required to be retained by the permit. G22. Reopening for Cause [OAR 340-218-0050(6)( c) and 340-218-0200) a. The permit may be modified, revoked, reopened and reissued, or terminated for cause as determined by the Department. b. A permit shall be reopened and revised under any of the circumstances listed in OAR 340-218- 0200(1)(a). c. Proceedings to reopen and reissue a permit shall foHow the same procedures as apply to initial permit issuance and shaH affect only those parts of the permit for which cause to reopen exists. G23. Severability Clause [OAR 340-218-0050(5)) . Upon any administrative or judicial challenge, all the emission limits, specific and general conditions, monitoring, recordkeeping, and reporting requirements of this permit, except those being challenged, remain valid and must be complied with. 23 . . . Permit No.: 25-0001 Expiration Date: 06/01/04 Page 24 of 28 G24. Permit Renewal and Expiration [OAR 340-218-0040(1)(a)(D) and 340-218-0130] a. This permit shall expire at the end of its term. Permit expiration terminates the permittee's right to operate unless a timely and complete renewal application is submitted as described below. b. Applications for renewal shall be submitted at least 12 months before the expiration of this permit, unless the Department requests an earlier submittal. If more than 12 months is required to process a permit renewal application, the Department shall provide no less than six (6) months for the owner or operator to prepare an application. Provided the permittee submits a timely and complete renewal application, this permit shall remain in effect until fmal action has been taken on the renewal application to issue or deny the permit. G25. Permit Transference [OAR 340-218-0150(1)( d)] The permit is not transferable to any person except as provided in OAR 340-218-0150(1)(d). G26. Property Rights [OAR 340-200-0020 and 340-218-0050(6)(d)] The permit does not convey any property rights in either real or personal property, or any exclusive privileges, nor does it authorize any injury to private property or any invasion of personal rights, nor any infringement of federal, state, or local laws or regulations, except as provided in OAR 340-218-0110. G27. Permit Availability [OAR 340-200-0020 and 340-218-0120(2)] The permittee shall have available at the facility at all times a copy of the .oregon Title V Operating Permit and shall provide a copy of the permit to the Department or an authorized representative upon request. ALL INQUIRIES SHOULD BE DIRECTED TO: Department of Environmental Quality Eastern Region - Pendleton Office 700 S.E. Emigrant, Suite 330 Pendleton, OR 97801 Telephone: (541) 276-4063 24 Permit No.: 25-000 I Expiration Date: 06/0 1I04 Page 25 of 28 Attachment 1 . Cross-reference from New Rule Numbers to Old Rule Numbe~s (Effective October 14, 1999) New Rule Old Rule New Rule Old Rule New Rule Old Rule New Rule Old Rule Number Number Number Number Number Number Number Number 200-0020 020-0205 208-0530 030-0430 214-0320 028-1420 220-0 I 00 028-2650 200-0020 028-0110 208-0540 030-0440 214-0330 028-1430 220-0110 028-2660 200-0030 020-0003 208-0550 030-0450 214-0340 028-1440 220-0120 028-2670 200-0040 020-0047 208-0560 030-0460 214-0350 028-1450 220-0130 028-2680 200-0050 028-0700 208-0570 030-0470 214-0360 028-1460 220-0140 028-2690 200-0 I 00 020-0200 208-0580 030-0480 216-0010 028-1700 220-0150 028-2700 200-0110 020-0210 208-0590 030-0490 216-0020 028-1720 220-0160 028-2710 200-0120 020-0215 208-0600 030-0500 216-0040 028-1770 220-0170 028-2720 202-0010 031-0005 208-0610 030-0510 216-0050 028-1710 220-0180 028-2730 202-0050 031-0010 208-0620 030-0520 216-0060 028-1725 220-0190 028-2740 202-0060 031-0015 208-0630 030-0530 216-0070 028-1730 222-0010 028-1000 202-0070 031-0020 208-0640 030-0540 216-0080 028-1740 222-0020 028-1010 202-0080 031-0025 208-0650 030-0600 216-0090 028-1750 222-0040 028-1020 202-0090 031-0030 208-0660 030-0610 216-0100 028-1790 222-0050 028-1040 202-0100 031-0040 208-0670 030-0620 218-00 I 0 028-2100 222-0060 028-1050 202-0110 031-0045 210-0010 028-0200 218-0020 028-2110 222-0070 028-1060 202-0120 031-0050 210-0100 028-0500 218-0040 028-2120 224-0010 028-1900 202-0130 031-0055 210-0110 028-0510 218-0050 028-2130 224-0030 028-1910 202-0200 031-0100 210-0120 028-0520 218-0060 028-2140 224-0040 028-1920 . 202-0210 031-0110 210-0200 028-0800 218-0070 028-2150 224-0050 028-1930 > 202-0220 031-0115 21 0-021 0 028-0810 218-0080 028-2160 224-0060 028-1935 204-0010 031-0500 210-0220 028-0820 218-0090 028-2170 224-0070 028-1940 204-0020 031-0510 212-0110 028-0900 218-0100 028-2180 224-0080 028-1950 204-0030 031-0520 212-0120 028-1100 218-0110 028-2190 224-0090 028-1970 204-0040 031-0530 212-0130 028-1110 218-0120 028-2200 224-0100 028-1990 204-0050 031-0120 212-0140 028-1120 218-0130 028-2210 224-0110 . 028-2000 204-0060 031-0130 212-0150 028-1130 218-0140 028-2220 226-0010 021-0005 204-0070 021-0010 212-0160 028-1140 218-0150 028-2230 226-0100 028-0600 204-0080 024-0301 212-0200 028-1200 218-0160 028-2240 226-0110 028-0610 204-0090 022-0470 212-0210 028-1210 218-0170 028-2250 226-0120 028-0620 206-00 I 0 027-0005 212-0220 028-1220 218-0180 028-2260 226-0130 028-0630 206-0030 027-0010 212-0230 028-1230 218-0190 028-2270 226-0140 028-0640 206-0040 027-0012 212-0240 028-1240 218-0200 028-2280 226-0200 021-0012 206-0050 027-0015 212-0250 028-1250 218-0210 028-2290 226-0210 021-0030 206-0060 027-0025 212-0260 028-1260 218-0220 028-2300 226-0300 021-0035 206-0070 027-0035 212-0270 028-1270 218-0230 028-2310 226-0310 021-0040 208-00 I 0 021-0005 212-0280 028-1280 218-0240 028-2320 226-0320 021-0045 208-0010 021-0050 214-0 I 00 028-0200 218-0250 028-1790 226-0400 028-1030 208-0010 030-00 I 0 214-0110 028-0300 220-0010 028-2560 228-00 I 0 021-0012 208-0100 021-0012 214-0120 028-0310 220-0030 028-2580 228-0020 021-0005 208-0110 021-0015 214-0130 028-0400 220-0040 028-2590 228-0020 022-0005 208-0200 021-0055 214-0200 028-1500 220-0050 028-2600 228-0020 022-0050 . 208-0210 021-0060 214-0210 028-1510 220-0060 028-2610 228-0100 022-0010 208-0500 030-0400 214-0220 028-1520 220-0070 028-2620 228-0110 022-0015 208-0510 030-0410 214-0300 028-1400 220-0080 028-2630 228-0120 022-0020 208-0520 030-0420 214-0310 028-1410 220-0090 028-2640 228-0130 022-0025 25 Permit No.: 25-0001 Expiration Date: 06/01/04 . Page 26 of28 New Rule Old Rule New Rule Old Rule New Rule Old Rule New Rule Old Rule Number Number Number Number Number Number Number Number 228-0200 022-0055 232-0190 022-0183 236-0150 025-0285 240-0320 030-0210 228-0210 021-0020 232-0200 022-0186 236-0200 025-0405 240-0330 030-0215 228-0300 022-0075 232-0210 022-0190 236-0220 025-0415 240-0340 030-0220 230-0010 025-0850 232-0220 022-0200 236-0230 025-0430 240-0350 030-0225 230-0020 025-0852 232-0230 022-0210 236-0300 025-0070 240-0360 030-0230 230-0030 025-0750 232-0240 022-0220 236-0310 025-0055 240-0400 030-0300 230-0030 025-0855 234-0010 025-0005 236-0320 025-0060 240-0410 03{)-0310 230-0030 025-0950 234-0010 025-0150 236-0330 025-0065 240-0420 030-0320 230-0100 025-0860 234-0010 025-0220 236-0410 025-0110 240-0430 030-0330 230-0110 025-0865 234-00 1 0 025-0305 236-0420 025-0115 240-0440 030-0340 230-0120 025-0870 234-0010 025-0350 236-0430 025-0120 242-0010 030-0800 230-0130 025-0875 234-0010 025-0410 236-0440 025-0125 242-0020 030-0810 230-0140 025-0880 234-0100 025-0010 236-0500 025-0745 242-0030 030-0820 230-0150 025-0885 234-0110 025-0015 238-0010 025-0505 242-0040 030-0830 230-0200 025-0890 234-0120 025-0020 238-0020 025-0515 242-0050 030-0840 230-0210 025-0895 .234-0130 025-0025 238-0040 025-0510 242-0060 030-0850 230-0220 025-0900 234-0140 025-0027 238-0050 025-0530 242-0070 030-0860 230-0230 025-0905 234-0200 025-0155 238-0060 025-0535 242-0080 030-0870 230-0300 025-0950 234-0210 025-0165 238-0070 025-0800 242-0090 030-0880 . 230-0310 025-0960 234-0220 025-0170 238-0080 025-0805 242-0100 030-0890 230-0320 025-0970 234-0230 025-0175 238-0090 025-0520 242-0110 030-0900 230-0330 025-0980 234-0240 025-0180 238-0100 025-0740 242-0120 030-0910 230-0340 025-0990 234-0250 025-0185 240-0010 030-0005 242-0130 030-0920 230-0350 025-1000 234-0260 025-0190 240-0020 030-0007 242-0140 030-0930 230-0360 025-1010 234-0270 025-0205 240-0030 030-0010 242-0150 030-0940 230-0400 025-0750 234-0310 025-0224 240-0100 030-0012 242-0160 030-0950 230-0410 025-0750 234-0320 025-0226 240-0110 030-0015 242-0170 030-0960 232-0010 022-0100 234-0330 025-0228 240-0120 030-0021 242-0180 030-0970 232-0020 022-0104 234-0340 025-0230 240-0130 030-0025 242-0190 030-0980 232-0030 022-0102 234-0350 025-0232 240-0140 030-0030 242-0200 030-0990 232-0040 022-0104 234-0360 025-0234 240-0150 030-0031 242-0210 030-1000 232-0050 022-0106 234-0400 025-0355 240-0160 030-0035 242-0220 030-1010 232-0060 022-0107 234-0410 025-0360 240-0170 030-0040 242-0230 030-1020 232-0070 022-0110 234-0420 025-0370 240-0180 030-0043 242-0240 030-1030 232-0080 022-0120 234-0430 025-0380 240-0190 030-0044 242-0250 030-1040 232-0085 022-0125 234-0500 025-0310 240-0200 030-0046 242-0260 030-1050 232-0090 022-0130 234-0510 025-0315 240-021 0 030-0050 242-0270 030-1060 232-0100 022-0137 234-0520 025-0320 240-0220 030-0055 242-0280 030-1070 232-0120 022-0140 234-0530 025-0325 240-0230 030-0065 242-0290 030-1080 232-0130 022-0150 236-0010 025-0105 240-0240 030-0067 242-0300 030-1100 232-0140 022-0153 236-0010 025-0260 240-0250 030-0070 242-0310 030-1110 232-0150 022-0160 236-0100 025-0255 240-0260 030-0111 242-0320 030-1160 232-0160 022-0170 236-0120 025-0265 240-0270 030-0115 242-0330 030-1120 . 232-0170 022-0175 236-0130 025-0270 240-0300 030-0200 242-0340 030-1130 232-0180 022-0180 236-0140 025-0280 240-0310 030-0205 242-0350 030-1140 26 Permit No.: 25-0001 Expiration Date: 06/01/04 Page 27 of28 . New Rule Old Rule New Rule Old Rule New Rule Old Rule New Rule Old Rule .. Number Number Number Number Number Number Number Number 242-0360 030-1150 248-0010 032-5590 252-0160 020-0860 256-0420 024-0335 242-0370 030-1170 248-0010 033-0020 252-0170 020-0870 256-0430 024-0337 242-0380 030-1180 248-0100 033-0010 252-0180 020-0880 256-0440 024-0340 242-0390 030-1190 248-0110 033-0030 252-0190 020-0890 256-0450 024-0355 242-0400 030-0700 248-0120 033-0040 252-0200 020-0900 256-0460 024-0357 242-0410 030-0710 248-0130 033-0050 252-0210 020-0910 256-0470 024-0360 242-0420 030-0720 248-0140 033-0060 252-0220 020-1000 258-0010 02-2-0450 242-0430 030-0730 248-0150 033-0070 252-0230 020-1010 258-0100 022-0440 242-0440 030-0740 248-0160 033-0080 252-0240 020-1020 258-0110 022-0460 242-0500 022-0400 248-0170 033-0090 252-0250 020-1030 258-0120 022-0490 242-0510 022-0401 248-0180 033-0100 252-0260 020-1040 258-0130 022-0500 242-0520 022-0402 248-0210 032-5600 252-0270 020-1050 258-0140 022-0503 242-0600 022-0700 248-0220 032-5604 252-0280 020-1060 258-0150 022-0507 242-0610 022-0710 248-0230 032-5605 252-0290 020-1070 258-0160 022-0510 242-0620 022-0740 248-0240 032-5610 254-0010 020-0100 258-0170 022-0520 242-0630 022-0760 248-0250 032-5620 254-0020 020-0105 258-0180 022-0530 242-0700 022-0900 248-0260 032-5630 254-0030 020-0110 258-0190 022-0540 242-0710 022-0910 248-0270 032-5640 254-0040 020-0115 258-0200 020-0136 242-0720 022-0920 248-0280 032-5650 254-0050 020-0120 258-0210 022-0550 242-0730 022-0930 250-0010 020-1500 254-0060 020-0125 258-0220 022-0560 . 242-0740 022-0940 250-0020 020-1520 254-0070 020-0130 258-0230 022-0570 242-0750 022-0950 250-0030 020-1510 254-0080 020-0135 258-0240 022-0580 242-0760 022-1100 250-0040 020-1530 256-0010 024-0005 258-0250 022-0590 242-0770 022-1110 250-0050 020-1540 256-0010 024-0305 258-0260 022-0600 242-0780 022-1120 250-0060 020-1550 256-0100 024-0010 258-0270 022-0610 242-0790 022-1130 250-0070 020-1560 256-0110 024-0015 258-0280 022-0620 244-0010 032-0100 250-0080 020-1570 256-0120 024-0020 258-0290 022-0630 244-0020 032-0110 250-0090 020-1580 256-0130 024-0025 258-0300 022-0640 244-0030 032-0120 250-0100 020-1590 256-0140 024-0030 258-0310 022-0650 244-0040 032-0130 250-0110 020-1600 256-0150 024-0035 258-0400 022-0300 244-0050 032-0140 252-00 I 0 020-0710 256-0160 024-0040 260-0010 022-0405 244-0100 032-0300 252-0020 020-0730 256-0200 024-0100 260-0020 022-0410 244-0110 032-0310 252-0030 020-0720 256-0210 024-0200 260-0030 022-0415 244-0120 032-0320 252-0040 020-0740 256-0300 024-0300 260-0040 022-0420 244-0130 032-0330 252-0050 020-0750 256-0310 024-0306 262-0010 034-0001 244-0140 032-0340 252-0060 020-0760 256-0320 024-0307 262-0020 034-0005 244-0150 032-0350 252-0070 020-0770 256-0330 024-0308 262-0030 034-0010 244-0160 037-0360 252-0080 020-0780 256-0340 024-0309 262-0040 034-0015 244-0170 032-0370 252-0090 020-0790 256-0350 024-0312 262-0050 034-0020 244-0180 032-0380 252-0100 . 020-0800 256-0360 024-0314 262-0100 034-0045 244-0200 032-0500 252-0110 020-0810 256-0370 024-0318 262-0110 034-0050 244-0210 032-0505 252-0120 020-0820 256-0380 024-0320 262-0120 034-0060 244-0220 032-0510 252-0130 020-0830 256-0390 024-0325 262-0130 034-0070 244-0220 032-5520 252-0140 020-0840 256-0400 024-0330 262-0200 034-0150 . 244-0230 032-5400 252-0150 '020-0850 256-0410 024-0332 262-0210 034-0155 27 Permit No.: 25-0001 Expiration Date: 06/01/04 . Page 28 of28 New Rule Old Rule Number Number 262-0220 034-0160 262-0230 034-0165 262-0240 034-0170 262-0250 034-0175 262-0300 034-0200 262-0310 034-0205 262-0320 034-0210 262-0330 034-0215 264-0010 023-0022 264-0020 023-0025 264-0030 023-0030 264-0040 023-0035 264-0050 023-0040 264-0060 023-0042 264-0070 023-0043 264-0080 023-0045 264-01 00 023-0055 264-0110 023-0060 264-0120 023-0065 . 264-0130 023-0070 264-0140 023-0075 264-0150 023-0080 264-0160 023-0085 264-0170 023-0090 264-0180 023-0100 264-0190 023-0105 264-0200 023-0115 266-0010 026-0001 266-0020 026-0003 266-0030 026-0005 266-0040 026-0010 266-0050 026-0012 266-0060 026-0013 266-0070 026-0015 266-0080 026-0031 266-0090 026-0033 266-0100 026-0035 266-0110 026-0040 266-0120 026-0045 266-0130 026-0055 268-0030 028-1980 268-0040 028-1960 . 28 .; Review Report/Permit No.: 25-0001 Application Number: 018556 Page 1 of18 . OREGON DEPARTMENT OF ENVIRONMENTAL QUALITY OREGON TITLE V OPERATING PERMIT REVIEW REPORT RECEIVED APR 1 8 2001 Finley Buttes Landfill Company P.O. Box 61726 Vancouver, WA 98666 PSEL SOURCE AMB COMPL SPEC REPORT EXCESS SIZE CRED TEST COMS CEMS MON SCHED COND AI S I Q 1M R IN NSPS NSR PSD TVIA2' X xlXI I X I X X X I TABLE OF CONTENTS LIST OF ABBREVIATIONS USED IN THIS REVIEW REPORT ...................................................................... 2 PERMITTE E ID ENTIFI CA TI ON ...... ...... ............:........ .................. ....... ................... ..... ..... ............. ....................... 3 FACILITY D ESCRIPTI ON .... ......... ............. ........... ............... ..................... ............ ....... .... ........... ........... ......... ....... 3 ALTERNATE OPERA TIN G SCENARIO .............................................................................................................. 3 EMISSIONS UNIT AND POLLUTION CONTROL DEVICE IDENTIFICATION .......................................... 3 . EMISSION LIMITS AND STANDARDS ................................................................................................................ 5 PLANT SITE EMISSION LIMIT S ...... ..................................... ......... ................ ................. ........ ..... ..... ................... 7 HAZARD 0 U S AIR PO LL UT ANTS .......... .... ..... ...... ..... .............................. ............ ....... .......................................... 8 M 0 NITO RIN G REQ UIRE MENT S ...... ................................. ............................ ....... ....... .................. ..... ...... ........... 9 RE CORD }(E EPIN G RE Q UIREMENTS . ............... ....... ........... ............. ........ ....... ...... ........ ......................... .......... 1 0 REPO R TIN G RE Q UIREMENTS .. .......... ............... ..... ............. ............ ....... .... ........ .......... ........ ... ....... .............. .... 1 0 GENERAL BACKGROUND INFORMA TION .................................................................................................... 10 CO I\1PLIAN CE HISTO R Y .......... ................ ........ ................ .................................. .................................... ............. 1 0 SOURCE TEST RES UL TS .. ........... ......... .............................. .............. ....... ................ ....... .................... ................. 1 0 PUB LI C N OTI CE .............................. .............. ............ ........... ...... ........................... ....... ................. ...... ..... ............. 11 APPEND IX A EMISSI ON S D ET AIL SHEE T ................................................................................................... 12 . . Review ReportJPerrnit No.: 25-0001 Application Number: 018556 Page 2 of 18 LIST OF ABBREVIA nONS USED IN THIS REVIEW REPORT AMB Ambient NA Not applicable AQMA Air quality management area NESHAP National emission standard for hazardous ASTM American Society of Testing and air pollutants Materials NMOC Non-Methane Organic Compowi-ds CEMS Continuous emissions monitoring system NOx Oxides of nitrogen CFR Code of federal regulations NSPS New source performance standard CMS Continuous monitoring system NSR New source review CO Carbon monoxide O2 Oxygen CO2 Carbon dioxide OAR Oregon Administrative Rules COMPL Compliance ORS Oregon Revised Statutes COMS Continuous opacity monitoring system O&M Operation and maintenance COND Condition Pb Lead CRED Credit PCD Pollution Control Device DEQ Oregon Department of Environmental PM Particulate matter Quality PM 10 Particulate matter less than 10 microns in dscf dry standard cubic feet size EF Emission factor ppm Parts per million EPA United State Environmental Protection ppmv Parts per million by volume . Agency PSD Prevention of significant deterioration ED Emissions unit PSEL Plant Site Emission Limit FCAA Federal Clean Air Act SCHED Schedule gr/dscf grains per dry standard cubic feet SPEC Special HAP Hazardous air pollutant S02 Sulfur dioxide Hp Horsepower ST Source test ill Identification code VE Visible emissions I&M Inspection and maintenance VMT Vehicle mile traveled LFG Landfill gas VOC Volatile organic compound Mg Megagrams yr Year MON Monitoring . Review ReportJPermit No.: 25-0001 Application Number: 018556 Page 3 of 18 . PERMITTEE IDENTIFICATION 1. Finley Buttes Landfill Company owns and operates the Finley Buttes Regional Landfill located at 73221 Bombing Range Road near Boardman. FACILITY DESCRIPTION 2. Finley Buttes Regional Landfill is a municipal solid waste landfill which began accepting waste in 1990. The landfill accepted refuse in 1998 at an average dally rate of 1,350 tons/day. The rate of waste acceptance is expected to increase to an estimated 1,625 tons/day by 2004. The reported maximum design capacity of the landfill is approximately 74,399,403 cubic meters. The facility is limited to 510 acres maximum refuse disposal area. Final closure of the entire facility is projected for the year 2046. Waste acceptance rates cannot be accurately forecasted, are highly seasonal, and can vary widely from month to month. 3. Refuse is shipped from various, distant transfer stations by truck. The waste is unloaded, compacted and landfilled in accordance with good landfill practices. Emissions include fugitives from vehicle traffic, waste handling, and moving dirt as part of landfill operations. As the waste decomposes, landfill gases are emitted. The landfill gas (LFG) emissions can contain methane, carbon dioxide, and more than 100 different non-methane organic compounds. Refuse placed in the landfill can take up to two years to reach its peak emission potential and the emission rate is highly variable. ALTERNATE OPERATING SCENARIO . 4. Under the emission guideline (40 CFR Subpart Cc), Finley Buttes is required to submit a design plan for a system to collect and control landfill gases within one year of calculating Non-Methane Organic Compound (NMOC) emissions in excess of 50 Mg/yr (55 tons/yr). The system must be installed within 18 months of submittal of the design plan. Finley Buttes currently estimates the 50 Mglyr threshold will be exceeded in 2001 resulting in installation of a control system by 2003. Since that date occurs prior to the expiration of this permit, an alternate operating scenario is included in the permit for a landfill gas collection and control system. EMISSIONS UNIT AND POLLUTION CONTROL DEVICE IDENTIFICATION 5. Provided below is a description of each of the emissions unit at this facility: Landfill (LFG-O 1) The landfill is divided into separate areas called cells. Prior to placement of waste, the cell is prepared by installing a liner, leachate collection system, and low permeability soils as required by solid waste regulations. As waste is brought in, it is placed on the prepared cell, compacted and covered with dirt at the end of the day. Only that portion of the cell in which waste is actively being placed is left uncovered. When the waste in a cell reaches a given height an intermediate cover is placed on the cell and the adjacent cells are developed. This is done to maintain the stability of the slope along the edge of the cell. When the adjacent cells have been developed waste is again placed on the original cell. This process is repeated until the cell reaches its fmal height and a final cover is applied. A period of several years may pass between the time an intermediate cover is applied to a cell and the time the adjacent cells have been developed sufficiently to apply additional waste. As a resuJt, a typical cross section of the landfill may contain 8 year-old waste on the bottom, topped by 4 year-old waste, topped by fresh . . . . Review ReportlPezmit No.: 25-0001 Application Number: 018556 Page 4 of 18 waste. The landfill is pezmitted to accept asbestos contaminated waste. The asbestos contaminated waste is placed only in designated areas of the landfill. The landfill also accepts petroleum contaminated soil. Emissions of landfill gas result from the anaerobic decomposition of waste. The amount of gas generated depends on many factors including the quantity, composition, and age of the waste as well as landfill conditions (precipitation, compaction practices, etc.). Due to the heterogeneous nature of the waste and the difference in the age of the waste, the amount and composition ofLFG produced can vary from location to location within the landfill. New Source Performance Standards (NSPS) establish emission limits for new (subpart WWW) and existing (emission guidelines, Subpart Cc) sources. Finley Buttes commenced construction before 5/30/91 and therefore is an existing source and is required to install a system to collect and control the emissions of landfill gas within 30 months of the date when the first annual non-methane organic compound (NMOC) emission rate equals or exceeds 50 megagrams (Mg) per year (55 tons/year). Finley Buttes estimates this level may be exceeded in 2001. Current plans call for installation of a flare to control the landfill gas. Internal Combustion Engines (ENG-O I) This emission unit consists of several internal combustion engines ranging from 1/3 to 115 horsepower. Emissions ofparticulates/PM,o, S02, and VOC from all engines are each less than 1 ton per year and are included in the aggregate insignificant emission unit for these pollutants. The engines are detailed below. Description Fuel Rating (hp) Maximum hr/yr Transfer Trailer Tipper Diesel 115 3007 Generator/Light Plant Diesel 30 723 Power Washer Gasoline 11 120 Heaters Diesel 1/3 39 Air Compressor Diesel 40 120 Storage Piles (STR-O 1) In preparing the cells for placement of waste, dirt is removed and stod.l'iled for later use in covering the waste. Three separate storage piles are maintained for cover soil (3 acres), liner soil (7 acres), and drain rock (0.7 acres). Wind erosion of the stockpiles can create emissions of fugitive dust. Water is applied as required to suppress fugitive dust. Material Handling (MH-O 1) Soil is stored in piles during excavation of cells within the permitted landfill area. Some of this material is recovered daily to cover waste received during a given day and as liner material in new cell construction. The recovery and deposition of this soil is affected by scrapers. The use of these scrapers creates fugitive dust emissions. Paved Roads (pRD-Ol) The main entrance road of the facility is paved. Vehicular traffic on this road kicks up emissions of fugitive dust. Water is applied to suppress fugitive dust. Unpaved Roads (upR-Ol) Many areas of the facility carry vehicular traffic but are not paved. Fugitive dust is produced from traffic along these roads. Water is applied to suppress fugitive dust. Leachate Management (LM-Ol) Rain and other fluids flowing through the landfilled waste are collected in a liner system and transferred/pumped to a leachate storage and evaporation pond. The leachate may contain trace amounts of various organic compounds which are emitted as fugitives. The VOC emissions from this unit are considered aggregate insignificant. Review Report!Permit No.: 25-0001 Application Number: 018556 Page 5 of 18 Categorically insignificant activities at the facility include the following: . Constituents of a chemical mixture present at less than 1 % by weight of any chemical or compound regulated under Divisions 200 through 268 of OAR chapter 340, or less than 0.1 % by weight of any carcinogen listed in the u.s. Department of Health and Human Service's Annual Report on Carcinogens when usage of the chemical mixture is less than 100,000 pounds/year . Evaporative and tail pipe emissions from on-site motor vehicle operation . Distillate oil, kerosene, and gasoline burning equipment rated at less than or equal to 2.0 million Btu/hr. . Janitorial activities . Personal care actiVIties . Groundskeeping activities including, but not limited to building painting and road and parking lot maintenance . Instrument calibration . Maintenance and repair shop . Automotive repair shops and storage garages . Air cooling or ventilating equipment not designed to remove air contaminants generated by or released from associated equipment . Temporary construction activities . Accidental fires . Air vents from air compressors . Electrical charging stations . Routine maintenance, repair, and replacement such as anticipated activities most often associated with and performed during regularly scheduled equipment outages to maintain a plant and its equipment in good operating condition, including but not limited to steam cleaning, abrasive use, and woodworking . Electric motors . Storage tanks, reservoirs, transfer and lubricating equipment used for ASTM grade distillate or residual fuels, lubricants, and hydraulic fluids . On-site storage tanks not subject to any New Source Performance Standards (NSPS), including underground storage tanks (UST), storing gasoline or diesel used exclusively for fueling of the facility's fleet of vehicles. . Pressurized tanks containing gaseous compounds . Stonn water settling basins . Fire suppression and training . Hazardous air pollutant emissions of fugitive dust from paved and unpaved roads except for those sources that have processes or activities that contribute to the deposition and entrainment of hazardous air pollutants from surface soils . Health, safety, and emergency response activities . Emergency generators and pumps used only during loss of primary equipment or utility service EMISSION LIMITS AND STANDARDS 6. The diesel oil burned at the facility is limited to a sulfur content of 0.5 percent by weight or less. [OAR 340-228-0110] 6.a. Testing Requirements: The permittee is required to obtain a certificate from the supplier stating that the fuel meets the specifications. If they cannot get a certificate, then the permittee would have to analyze a sample of the fuel to show that it meets the specifications. 6.b. Monitoring requirements: The permittee is required to maintain records of the sulfur content of the fuel used at the facility. . . . . . . Review ReportlPermit No.: 25-0001 Application Number: 018556 Page 6 of 18 7. Since the facility was constructed after 1970, the applicable requirement is OAR 340-208-0110(2) (20% opacity). The grain loading standards of OAR 340-226-0210 do not apply since most particulate emissions are fugitive, which is exempt from this standard [OAR 340-226-0210(2)]. Those emissions which are not fugitive (ENG-01) are exempt from OAR 340-228-0210 since internal combustion engines are excluded from the defmition of fuel burning equipment. [OAR 340-228-0020(4)] 7.a. Testing Requrrements: A modified EPA Method 9 is used to measure opacity. 7.b. Monitoring Requirements:. The permittee will monitor fugitive emissions monthly using 'EPA method 22. If visible emissions are observed during any method 22 test, the permittee must either conduct an EP A method 9 test within one hour or take steps to reduce fugitives, such as applying water to the source of fugitive dust. 8. This facility is subject to subpart Cc of the federal New Source Performance Standards (NSPS - 40 CFR Part 60). 8.a. On June 27,1996 the facility submitted an Initial Design Capacity Report as required in 40 CFR 60.757(a) (which is referenced in 40 CFR 60.35c). This report was amended on December 20, 1996. The maximum design capacity was reported as 74,399,403 cubic meters (m3) which is greater than the 2,500,000 cubic meters (m3) level which triggers the emission guideline. Using the Tier 1 method contained in 40 CFR 60.754, the facility determined the Non-Methane Organic Compound (NMOC) emissions to be greater than 50 Mglyear, which would trigger the need to install a collection and control system. 8.b. On January 8, 1998 the facility submitted information to support Tier 2 calculations in accordance with 40 CFR 60.754(a)(3). On-site sampling was conducted July 1997 which measured an average NMOC concentration of926 ppm (compared to 4,000 ppm value used in Tier 1 calculations). At this concentration the NMOC emissions do not currently exceed 50 Mglyear, but emissions are projected to exceed 50 Mglyear in the year 2001. This defers the need to install a collection and control system at this time. 8.c. Finley Buttes plans to perform a second Tier 2 analysis by 2001. If the NMOC concentration is less than 926 ppm Finley Buttes may be able to further defer installation of a LFG collection and control system. If the NMOC concentration is 926 ppm or greater, a plan for a collection and control system must be submitted within 1 year and the system must be installed with 18 months of submitting the plans for the collection and control system. 8.d. Testing Requirements: Emissions ofNNIOC are estimated using the equation in 40 CFR 60.754(a)(1). Since the facility has already llsed the Tier 2 procedure to calculate emissions the Tier 1 procedure is no longer applicable. In Tier 2 the NMOC concentration of the landfill gas is measured using EPA method 25C or 18 and the procedures of 40 CFR 60.754(a)(3) and used in the NMOC equation. The permittee has the option of using a Tier 3 NMOC calculation. In Tier 3 the site-specific methane generation rate constant is determined using the procedures of EP A Method 2E and plugged into the ~OC equation. After installation of the collection and control system the permittee continues to estimate the NMOC emission rate according to 40 CFR 60.754(b) for purposes of determining when the system can be removed. This equation requires the measurement of the landfill gas flow rate at the header to the control device using see,tion 4 of EP A Method 2E or other approved method. In addition, the average NMOC concentration at the header to the control device is measured using the procedures ofEPA Method 25C or 18 or another approved method. Review Report/Permit No.: 25-0001 Application Number: 018556 Page 7 of 18 . The control system is required to reduce NMOC emission by 98 weight percent or reduce the outlet NMOC concentration to less than 20 ppmv, dry basis as hexane at 3% oxygen. 8.e. Monitoring Requiremen~: The permittee is required to calculate and report on the NMOC emissions annually unless five consecutive annual reports estimate NMOC emissions to be less than 50 Mglyr, in which case the permittee may elect to submit an estimate of the NMOC emission rate for the following 5 years in lieu of the annual report. In addition, ifNMOC emissions exceed 50 Mglyr a collection and control system is installed and annual NMOC emission reports are no longer required. Once the collection and control system is installed, the permittee is required to monitor the temperature, pressure, and oxygen or nitrogen content of the collected landfill gas on a monthly basis. On the flare, the permittee must install a device to indicate the continuous presence of a flame, and a device to measure the flow to or bypass of the flare. In addition, the permittee must monitor the surface concentration of methane at the landfill to ensure the collection system is operating effectively. 9. Since asbestos is disposed of at the landfill, the requirements of OAR 340-248-0280 and 40 CFR part 61 subpart M apply. These requirements deal mostly with proper handling and disposal, and associated recordkeeping. PLANT SITE EMISSION LIMITS . 10. Plant Site EmiSSIOn Limit discussion: Baseline Netting Baseline Previous Baseline Scenario Alternate Scenario Emission Rate Previous Proposed PSEL Proposed Increase Proposed Increase Pollutant (tons/yr ) (tons/yr) (tons/yr) (tons/yr) (ton/yr) (tons/yr) (tons/yr) (tons/yr) PMlPM10 0 0 0 0 43 43 44 44 CO 0 0 0 0 7.7 7.7 69 69 NO. 0 0 0 0 6.8 6.8 10 10 S02 0 0 0 0 1.0 1.0 1.0 1.0 VOC 0 0 0 0 20 20 5.8 5.8 10.a. The baseline emission rate and netting baseline is zero for all pollutants since the facility did not operate during the baseline period of 1977 or 1978. Since the facility has not undergone a New Source Review (NSR) or Prevention of Significant Deterioration (PSD) the baseline has not been adjusted and the netting baseline is, therefore, also zero for all pollutants. 10.b. The previous PSEL for this facility is zero since the facility does not have a current air permit. 1O.c. As described in condition 4 of this review report the landfill is permitted to operate under two scenarios. The baseline scenario involves no landfill gas collection system or flare. The alternate scenario includes the landfill gas collection and control system (assumed to be a flare), along with the associated changes in emissions. For both scenarios landfill gas generation is based on projected emissions at the end of the permit term (2004). . . . . Review ReportlPermit No.: 25-0001 Application Number: 018556 Page 8 of 18 11. Components of the PSEL Assigned PSEL Baseline Scenario Alternate Scenario Unassigned PSEL Credits Pollutant (tons/yr) (lb/day) (tons/yr) (lb/day) (tons/yr) (tons/yr) PMlPMIO 43 340 44 348 0 0 CO 7.7 174 69 510 0 0 NOx 6.8 141 10 160 0 0 S02 1.0 -- 1.0 -.. 0 0 VOC 20 102 5.8 26 0 0 SIGNIFICANT EMISSION RATE 12. The proposed PSEL increases over baseline (maximum increase of baseline and alternative operating scenario) for PM and PMIO are greater than the Significant Emission Rate (SER) as defmed in OAR 340- 200-0020 and are shown below. The maximum PSEL increase over baseline for all other criteria pollutants IS less than the Significant Emission Rate and no further analysis is requued for those pollutants. Increase due to utilIzing Increase due to physical Requested increase over capacity that existed in the changes or changes in the Pollutant SER previous netting baseline baseline period method of operation PMlPMIO 25/15 44 0 44 CO 100 69 0 69 NOx 40 10 0 10 S02 40 1.0 0 1.0 VOC 40 20 0 20 13. Any emissions increase greater than the SER is defmed as a major modification. (OAR 340-200-020(62)] Therefore, there has been a major modification for PM and PM10 emissions. New major modifications must meet the Prevention of Significant Deterioration (PSD) requirements of OAR 340-224-0070 for the pollutant which triggered the major modification designation. In 1987 and 1988 as part of the initial Solid Waste permit an air quality analysis was performed. This analysis used methodologies that were current at the time. Screening meteorology from Portland General Electric's (pGE) coal-fired power plant near Boardman was used. The PSD increment analysis included the impact of the PGE coal-fued power plant. The results were reviewed by the Department at the time. The Department considers these results still valid and does not require further analysis at this time. HAZARDOUS AIR POLLUTANTS 14. According to the emissions estimations provided by Finley Buttes Landfill in the Title V permit application, this facility is not a major source of hazardous air pollutants (HAP) emissions. The total estimated HAP emissions could be as much as 6.4 tons/yr primarily as toluene (2.2 tons/yr). Review ReportlPermit No.: 25-0001 Application Number: 018556 Page 9 of 18 TOXIC AND FLAMMABLE SUBSTANCE USAGE 15. Finley Buttes reported insignificant amounts (~l 000 lb/yr) of ethylene glycol, dichlorodifluoromethane, and friable asbestos. STRATOSPHERIC OZONE DEPLETING SUBSTANCES 16. Finley Buttes Landfill sometimes receives appliances for disposal that have dichlorodifluoromethane, which is a Class I ozone depleting substance. Therefore, 40 CFR part 82 - applies to the disposal of - appliances containing ozone depleting substances. In addition, other equipment such as air conditioning and fire extinguishers or other equipment containing Class I or Class II substances must be serviced by certified repairmen to ensure that the substances are recycled or destroyed appropriately. 17. A Maximum Achievable Control Technology (MACT) standard for Municipal Landfills was proposed on 11/7/00 (65 FR 66672) and is tentatively scheduled to be [mal on 9/01 (Subpart AAAA). MONITORING REQUIREMENTS 18. 40 CFR 70.6(a)(3)(i) requires that all monitoring and analysis procedures or test methods required under applicable requirements be contained in Title V permits. In addition, where the applicable requirement does not require periodic testing or monitoring, periodic monitoring must be prescribed that is sufficient to yield reliable data from the relevant time period that is representative of the source's compliance with the permit. The requirement to include in a permit testing, monitoring, recordkeeping, reporting, and compliance certification sufficient to assure compliance does not require the permit to impose the same level of rigor with respect to all emissions units and applicable requirement situations. It does not require extensive testing or monitoring to assure compliance with the applicable requirements for emissions units that do not have significant potential to violate emission limitations or other requirements under normal operating conditions. Where compliance with the underlying applicable requirement for an insignificant emission unit is not threatened by a lack of a regular program of monitoring and where periodic testing or monitoring is not otherwise required by the applicable requirement, then in this instance, the status quo (i.e., no monitoring) will meet section 70.6(a)(3)(i). 18.a. Insignificant emissions units include both categorically insignificant activities and aggregate insignificant emissions. The Department is not requiring monitoring for the categorically insignificant activities that the permittee identified in the application because these were identified by the Department durmg the Title V program development and included in the rules as activities that do not have any potential for causing significant environmental impacts. The activities generate trIvial emissions (less than 1 ton per year) and there are no control devices. 1S.b. The Department is also not requiring monitoring for the aggregate insignificant emissions, which are those activities that are not identified in the rule as categorically insignificant but the combined emissions are less than one ton per year. In most cases, these are simple uncontrolled activities or pieces of equipment that do not have any potential to cause a significant impact on the environment. For this facilit), the aggregate insignificant emissions include fugitive VOC emissions from the leachate management system (LM-Ol) and particulate/PMIO, S02, and VOC emissions from the internal combustion engines (ENG-Ol). 19. Compliance Assurance Monitoring (CAM) is not required at this source since it is subject to an emission limitation proposed after 11/15/90 under section 111 of the Clean Air Act. However, the permit does include specific periodic monitoring requirements for emission units other than insignificant activities. In . . . . . . Review Report/Permit No.: 25-0001 Application Number: 018556 Page 10 of 18 . most cases, the monitoring is not a direct measure of compliance because the emissions are either not measured or they are measured with methods or procedures other than reference test methods. Even though the monitoring consists of procedures other than reference test methods, the monitoring has been developed such that it should be capable of providing a reasonable assurance that the emission units are in compliance with the underlying emission limits and standards and the information may be used for enforcement purposes pursuant to the credible evidence rules promulgated by the EPA. RECORDKEEPING REQUIREMENTS 20. The permit includes requirements for maintaining records of all monitoring and testing information for a minimum period of 5 years. These records include test results, parameter monitoring data, visible emissions data, the date and time of measurements; and, all corrective actions, including the date, time, and outcome. REPORTING REQUIREMENTS 21. The permit includes requirements for submitting semi-annual and annual monitoring reports that include compliance certifications and excess emissions reports. The annual monitoring report will also include operation data, emissions data, excess emission log, and an emission fees report. The permittee is required to immediately notify the Department of any excess emissions and keep records of the excess emissions. GENERAL BACKGROUND INFORMATION 22. The proposed permit is a new permit for an existing facility. Passage of the New Source Performance Standards and Emission Guidance require this facility to obtain a Title V permit. 23. Finley Buttes has a current solid waste permit (#394) from the Department. 24. This source is located in an area that is in attainment for all pollutants. This source is not located within 100 kilometers (62 miles) of a Class I air quality protection area. COl\1PLLW'CE HISTORY 25. The facility has not been inspected for air quality compliance, but regular inspections will be performed once the permit is issued. SOURCE TEST RESULTS 26. As part of a Tier 2 calculation, Finley Buttes conducted testing to determine the average NMMOC concentration. The sampling was conducted July 1997 and measured an average NMOC concentration of 926 ppm. Review ReportlPermit No.: 25-0001 Application Number: 018556 Page 11 of18 . PUBLIC NOTICE 27. This permit was placed on public notice from February 23 to March 29, 2001. No comments were received in response to the public notice and no hearing was requested. Therefore, a copy of the proposed permit was sent to EP A for a 5 day expedited review period. EP A may agree to an expedited review of 5 days if there were no substantive or adverse comments during the comment period. In any event, the public will have 105 days (45 day EPA review period plus 60 days) from the date the proposed per.mit is sent to EPA to appeal the permit with EPA. The permit will be issued following EPA's review. - DAW:TJJ 04113/01 . . . . . Review ReportlPermit No.: 25-0001 Application Number: 018556 Page 12 ofl8 APPENDIX A EMISSIONS DETAIL SHEET Review ReportlPennit No.: 25-0001 Application Number: 018556 Page 13 of 18 . Finley Buttes Landfill Baseline Scenario Plant Site Emissions Detail Sheet (2004) ParticulatelPMIO Emission Factor Emissions Emission Point Operating Parameters Rate Reference Ib/day ton/yr ENG-OII STR-O I Stockpiles2 - Cover Soil (Active) 3.0 acres 6.3 Ib/acre-day EP A FIRE Database 18.9 780 acre-day/yr 6.3 Ib/acre-day EP A FIRE Database 2.5 Cover Soil (Inactive) 315 acre-day/yr 1. 7 Ib/acre-day EP A FIRE Database 0.3 Liner Soil (Active) 7.0 acres 6.3 Ib/acre-day EP A FIRE Database 44.1 525 acre-day/yr 6.3 Ib/acre-day EP A FIRE Database 1.7 Liner Soil (Inactive) 2,030 acre-day/yr 1.7 Ib/acre-day EP A FIRE Database 1.7 Drain Rock (Active) 0.7 acres 6.3 Ib/acre-day EP A FIRE Database 4.4 52.5 acre-day/yr 6.3 Ib/acre-day EP A FIRE Database 0.2 Drain Rock (Inactive) 203 acre-day/yr 1. 7 Ib/acre-day EP A FIRE Database 0.2 MIl-01 1,580 tons/day 1.94E-03 Ibltons AP-42/Source Est.3 3.1 Material Handling 268,750 tons/yr 1.94E-03 Ibltons AP-42/Source Ese 0.3 PRD-O 1 153.0 VMT/day 0.377 IbNMT AP-42/Source Est.4 57.7 Paved Roads 39,784 VMT/yr 0.377 IbNMT AP-42/Source Est.4 7.5 UPR-OI 152.5 VMT/day 1.3 9 IbNMT AP-425 212 Unpaved Roads 39,660 VMT/yr 1.391bNMT AP-425 27.6 AI Aggregate Insignificant 1.0 Total Particulate/PMJo Emissions 340 43 . S02 - Emission Factor Emissions Emission Point Operating Parameters Rate Reference Ib/day ton/yr ENG-OII AI Aggregate Insignificant 1.0 Total S02 Emissions - 1.0 NOx Emission Factor Emissions Emission Point Operating Parameters Rate Reference Ib/day ton/yr ENG-016 Diesel Engines' 4,447 hp-hr/day 3.IOE-02Ib/hp-hr AP-42 (Table 3.3-1) 137.9 372,308 hp-hr/yr 3.10E-02Ib/hp-hr AP-42 (Table 3.3-1) 5.8 Gas Engines 264 hp-hr/day 1.l0E-02 Ib/hp-hr AP-42 (Table 3.3-1) 2.9 1,320 hp-hr/yr I.IOE-02 lb/hp-hr AP-42 (Table 3.3-1) 0.01 AI Aggregate Insignificant 1.0 Total NOx Emissions 140.8 6.8 . . . . Review ReportJPermit No.: 25-000 I Application Number: 018556 Page 14 of 18 co - Emission Factor Emissions Emission Point Operating Parameters Rate Reference Ib/day ton/yr LFG-Ol Landfill Gas7 365 day/year EP A model 28.5 EP A model 5.2 ENG-OI6 Diesel Engines 4,447 hp-hr/day 6.68E-03 Ib/hp-hr AP-42 (Table 3.3-1) 29.7 372,308 hp-hr/yr 6.68E-03 Ib/hp-hr AP-42 (Table 3.3-1) - 1.2 Gas Engines 264 hp-hr/day 4.39E-Ol Ib/hp-hr AP-42 (Table 3.3-1) 115.9 1,320 hp-hr/yr 4.39E-Ol Ib/hp-hr AP-42 (Table 3.3-1) 0.3 AI Aggregate Insignificant 1.0 Total CO Emissions 174 7.7 voc - Emission Factor Emissions Emission Point Operating Parameters Rate Reference Ib/day tonlyr LFG-Ol Landfill Gas7 365 day/year EP A model 102.5 EPA model 18.7 ENG-Ol1 AI Aggregate Insignificant 1.0 Total VOC Emissions 102 19.7 Footnotes I Engine emissions for particulate/PMIO, S02, and VOC are insignificant (004, 004, and 0.5 respectively) and are considered part of the aggregate insignificant emission unit for those pollutants. 2 Assumes cover soil pile active 260 day/yr, liner soil pile active 75 day/yr, drain rock pile active 75 day/yr. Maximum short term emissions occur in active piles. 3 From AP-42 Section 13.2.4. (assumes 13 mph mean wind speed, 2% moisture, k=0.35, 50% control for water spray). Daily soil deposition rate 812.5 ton/day, 260 day/yr; liner placement 767 ton/day, 75 day/yr. 4 From AP-42 Section 13.2.1 (assumes 704 glm2 silt loading and 22.2 tons avg vehicle weight. 50% Control.) 5 From AP-42 Section 13.2.2 (assumes 6.4 g/m2 silt content, 27.85 tons avg vehicle weight, 0.2% moisture, 100 days with at least 0.01 in. of precipitation, and 50% control due to watering.) 6 Conservatively assumes all engines operating simultaneously 24 hr/day. 7 Landfill gas emissions based on EPA computer model using estimated waste in place by 2004. Average daily emissions based on annual emissions and 365 days/yr. VOC emissions are assumed to be 39% by weight of total NMOC emissions in 2004. Review ReportlPermit No.: 25-0001 ApplicatlOn Number: 018556 Page 15 of 18 . Alternative Operating Scenario Plant Site Emissions Detail Sheet (2004) ParticulatelPMIO Emission Factor Emissions Emission Point Operating Parameters Rate Reference Ib/day ton/yr LFG-OI Landfill Gas 0.476 MMcfi'day 17 Ib/MMcf AP-42 (Table 2.4-5) 8.1 Flares 173.9 MMcfi'yr 17 Ib/MMcf AP-42 (Table 2.4-5) 1.5 ENG-01' - -- - STR-01 Stockpiles2 Cover Soil (Active) 3.0 acres 6.3 Ib/acre-day EP A FIRE Database 18.9 780 acre-day/yr 6.3 Ib/acre-day EP A FIRE Database 2.5 Cover Soil (Inactive) 315 acre-day/yr 1.7 Ib/acre-day EP A FIRE Database OJ Liner Soil (Active) 7.0 acres 6.3 Ib/acre-day EP A FIRE Database 44.1 525 acre-day/yr 6.3 Ib/acre-day EP A FIRE Database 1.7 Liner Soil (Inactive) 2,030 acre-day/yr 1.7 lb/acre-day EP A FIRE Database 1.7 Drain Rock (Active) 0.7 acres 6.3 Ib/acre-day EP A FIRE Database 4.4 52.5 acre-day/yr 6.3 lb/acre-day EP A FIRE Database 0.2 Drain Rock (Inactive) 203 acre-day/yr 1. 7 Ib/acre-day EP A FIRE Database 0.2 MH-01 1,580 tons/day 1.94E-03 Ibltons AP-42/Source Est.3 3.1 Material Handling 268,750 tons/yr 1.94E-03 Ibltons AP-42/Source Est.3 OJ PRD-OI 153.0 VMT/day 0.377 IbNMT AP-42/Source Est.4 57.7 Paved Roads 39,784 VMT/yr 0.377 Ib/YMT AP-42/Source Est.4 7.5 UPR-OI 152.5 VMT/day 1.391b/YMT AP-42 5 212 Unpaved Roads 39,660 VMT/yr 1.3 9 lb/YMT AP-42 5 27.6 AI Aggregate Insignificant 1.0 Total PartlculatelPMIO Emissions 348 44 . S02 - Emission Factor Emissions Emission Point Operating Parameters Rate Reference Ib/day ton/yr ENG-OI1 AI Aggregate Insignificant 1.0 Total SOl Emissions - 1.0 NOx Emission Factor Emissions Emission Point Operating Parameters Rate Reference lb/day ton/yr LFG-OI Landfill Gas 0.476 MMcflday 40 Ib/MMcf AP-42 (Table 2.4-5) 19.0 FlareS J 73.9 MMcflyr 40 1b/MMcf AP-42 (Table 2.4-5) 3.5 ENG-OI b Diesel Engines 4,447 hp-hr/day 3.lOE-02Iblhp-hr AP-42 (Table 3.3-1) 137.9 372,308 hp-hr/yr 3.l0E-02Iblhp-hr AP-42 (Table 3.3-1) 5.8 Gas Engines 264 hp-hr/day I.I0E-02 Iblhp-hr AP-42 (Table 3.3-1) 2.9 1,320 hp-hr/yr 1.10E-02 Iblhp-hr AP-42 (Table 3.3-1) 0.01 AI Aggregate Insignificant 1.0 Total NOx Emissions 159.8 10.3 . . . . Review Report/PennitNo.: 25-0001 Application Number: 018556 Page 16 of 18 co Emission Factor Emissions Emission Point Operating Parameters Rate Reference Ib/day tonlyr LFG-Ol Landfill Gas 7 365 day/year 25% of EP A model 7.1 25% ofEPA model 1.3 Flares 0.476 MMcfi'day 7501b/MMcf AP-42 (Table 2.4-5) 357.0 173.9 MMcf/yr 750 Ib/MMcf AP-42 (Table 2.4-5) - 65.2 ENG-OI6 Diesel Engines 4,447 hp-hr/day 6.68E-03 lb/hp-hr AP-42 (Table 3.3-1) 29.7 372,308 hp-hr/yr 6.68E-03 Ib/hp-hr AP-42 (Table 3.3-1) 1.2 Gas Engines 264 hp-hr/day 4.39E-Ol lb/hp-hr AP-42 (Table 3.3-1) 115.9 1,320 hp-hr/yr 4.39E-Ollb/hp-hr AP-42 (Table 3.3-1) 0.3 AI Aggregate Insignificant 1.0 Total CO Emissions 510 69.0 voc Emission Factor Emissions Emission Point Operating Parameters Rate Reference lb/day tonlyr LFG-O 1 Landfill Gas7 365 day/year 25% of EP A model 25.8 25% of EP A model 4.7 FlareS 365 day/year AP-42 (Table 2.4-5) 0.0003 AP-42 (Table 2.4-5) 0.1 ENG-Ol! AI Aggregate Insignificant 1.0 Total VOC Emissions 26 5.8 Footnotes 1 Engine emissions for particulate/PMIO, S02, and VOC are insignificant (0.4,0.4, and 0.5 respectively) and are considered part of the aggregate insignificant emission unit for those pollutants. 2 Assumes cover soil pile active 260 day/yr, liner soil pile active 75 day/yr, drain rock pile active 75 day/yr. Maximum short term emissions occur in active piles. 3 From AP-42 Section 13.2.4. (assumes 13 mph mean wind speed, 2% moisture, k=0.35, 50% control for water spray). Daily soil deposition rate 812.5 ton/day, 260 day/yr; liner placement 767 ton/day, 75 day/yr. 4 From AP-42 Section 13.2.1 (assumes 7.4 glm2 silt loading and 22.2 tons avg vehicle weight. 50% Control.) 5 From AP-42 Section 13.2.2 (assumes 6.4 glm2 silt content, 27.85 tons avg vehicle weight, 0.2% moisture, 100 days with at least 0.01 in. of precipitation, and 50% control due to watering.) 6 Conservatively assumes all engines operating simultaneously 24 hr/day. 7 Landfill gas ,emissions based on EP A computer model using estimated waste in place by 2004. Average daily emissions based on annual emissions and 365 days/yr. VOC emissions are assumed to be 39% by weight of total NMOC emissions in 2004. 8 Assumes 75% collection efficiency ofLFG Molecular Weight Concentration IEmissions Pollutant (glmol) (ppmvY (tonlyr)2 1,1,1- Trichloroethane 133.41 0.48 0.039 1,1,2,2,- Tetrachloroethane 167.85 1.11 0.112 1,1- Dichloroethane 98.97 2.35 0.140 1,1- Dichloroethene 96.94 0.2 0.012 1,2-Dichloroethane 98.96 0.41 0.024 1,2- Dichloropropane 112.99 0.18 0.012 Acrylonitrile 53.06 6.33 0.202 Benzene 78.11 1.91 0.090 Carbon Disulfide 76.13 0.58 0.027 Carbon Tetrachloride 153.84 0.004 3.70E-04 Carbonyl Sulfide 60.07 0.49 0.018 Chlorobenzene 112.56 0.25 0.017 Chloroethane 64.52 1.25 0.049 Chloroform 119.39 0.03 0.002 Dichlorobenzene 147 0.21 0.019 Dichloromethane 84.94 14.3 0.731 Ethylbenzene 106.16 4.61 0.294 Hexane 86.18 6.57 0.341 Mercury 200.61 2.92E-04 3.52E-05 Methyl Ethyl Ketone 72.11 7.09 0.308 Methyl Isobutyl Ketone 100.16 1.87 0.113 Perchloroethylene 165.83 3.73 0.372 Toluene 92.13 39.3 2.178 Trichloroethylene 131.4 2.82 0.223 Vinyl Chloride 62.5 7.34 0.276 Xylenes 106.16 12.1 0.773 Total HAPs 6.368 Hazardous Air Pollutants (2004) Landfill Gas Emissions (1) Concentrations taken from AP-42 (11/98) Table 2.4-1 (2) Based on estimated LFG flow of 882 scfm (4.64E08 scfi'yr) in 2004. Review ReportlPermit No.: 25-0001 Application Number: 018556 Page 17 of 18 . . . . . . Review ReportlPermit No.: 25-0001 Application Number: 018556 Page 18 of 18 Hazardous Air Pollutants (2004) ENG-Ol Emission Factor Emissions Emission Point Operating Parameters Rate Reference lb/yr Acetaldehyde 372,308 hp-hr/yr diesel 5.37E-06 Ib/hp-hr AP-42 (Table 3.3-2) 1.00E-03 1,320 hp-hr/yr gas 5.37E-06 lb/hp-hr AP-42 (Table 3.3-2) 3.54E-06 Acrolein 372,308 hp-hr/yr diesel 6.48E-07 lb/hp-hr AP-42 (Table 3.3-2} 1.21E-04 1,320 hp-hr/yr gas 6.48E-07 Ib/hP-hr AP-42 (Table 3.3-2) 4.28E-07 Benzene 372,308 hp-hr/yr diesel 6.53E-06 Ib/hp-hr AP-42 (Table 3.3-2) 1.22E-03 1,320 hp-hr/yr gas 6.53E-06 Ib/hp-hr AP-42 (Table 3.3-2) 4.31E-06 1,3 Butadiene 372,308 hp-hr/yr diesel 2.74E-07 lb/hp-hr AP-42 (Table 3.3-2) 5.lOE-05 1,320 hp-hr/yr gas 2.74E-07 Ib/hp-hr AP-42 (Table 3.3-2) 1.81E-07 Formaldehyde 372,308 hp-hr/yr di~sel 8.26E-06 Ib/hp-hr AP-42 (Table 3.3-2) 1.54E-03 1,320 hp-hr/yr gas 8.26E-06lb/hp-hr AP-42 (Table 3.3-2) 5.45E-06 Napthalene 372,308 hp-hr/yr diesel 5.94E-07 lb/hp-hr AP-42 (Table 3.3-2) l.l1E-04 1,320 hp-hr/yr gas 5.94E-07 lb/hp-hr AP-42 (Table 3.3-2) 3.92E-07 Propylene 372,308 hp-hr/yr diesel 1.81E-05 lb/hp-hr AP-42 (Table 3.3-2) 3.37E-03 1,320 hp-hr/yr gas 1.81E-05 lb/hp-hr AP-42 (Table 3.3-2) 1.19E-05 Toluene 372,308 hp-hr/yr diesel 2.86E-06 lb/hp-hr AP-42 (Table 3.3-2) 5.32E-04 1,320 hp-hr/yr gas 2.86E-06 lb/hp-hr AP-42 (Table 3.3-2) 1.89E-06 Xylenes 372,308 hp-hr/yr diesel 2.00E-06 lb/hp-hr AP-42 (Table 3.3-2) 3.72E-04 1,320 hp-hr/yr gas 2.00E-06 lb/hp-hr AP-42 (Table 3.3-2) l.32E-06 (;; -Oregon . . . -.. .. -.. ,.- John A Kttzhaber, M 0 , Governor Department of Environmental Quality Eastern Region Bend Office 2146 NE 4th, Suite 104 Bend, OR 97701 (541) 388-6146 FAC< (541) 388-8283 December 2, 2002 RECEIVED DEe it - 2.002 Pamela S. Pawelek Environmental Compliance Manager Finley Butte Landfill Company PO Box 61726 Vancouver, W A 98666 Re: Renewal of Oregon Title V Operating Permit No. 25-000 I Morrow County This is to notify you that your Oregon Title V Operating Permit will expire on June 1,2004. In accordance with OAR 340-218-0040(1)(a), you need to submit your renewal application by June 1,2003. . Enclosed is a Renewal Application fonn (API06), along with a revised Applicable Requirement Checklist (AR40 1 R) and a new form for Compliance Assurance Monitoring (CP709), which mayor may not be applicable to your facility. Instructions on how to fill out the above mentioned forms are also included. Please send an original and two copies your completed application to: Department of Environmental Quality Eastern Region-Bend Office Attn: Bonnie Hough, Permit Coordinator 2146 NE 4th Street, Suite 104 Bend, OR 97701 If you have any questions, please contact our Pendleton Office at (541) 276-4063. ~' ~. Pennit Coordinator Eastern Region-Bend Office bh Enclosures cc: Air Quality Program, DEQ:Pendleton Office . ~ DE(I.-X' WASTE CONNECf10NS INc. Connlct with thl Futurl<a May 28, 2003 DEQ - Air Quality Eastern Re~ion 2146 NE 4t , #104 Bend, Oregon 97701 Subject: Finley Buttes Landfill Company, Boardman Oregon Title V Air Operating Permit 25-0001 Submittal of Renewal Application and Off-Permit Notification Dear Air Quality Personnel; Enclosed please find four copies and one electronic copy of the renewal application (form API06) for the Finley Buttes Regional Landfill's Title V Air Operating Permit No. 25-0001. In addition, please find an Off-Permit Notification (form MD902) regarding the replacement of the current transfer trailer tipper. If you have any questions, please contact me at 503.288.7844. v~ ~~V- Pamela S. Pawelek PNW Environmental Manager Waste Connections, Inc. cc/att: Jim Little. WCI . . . P.O Box 61726.611 SE Kaiser Avenue. Suite 110 . Vancouver. WA 98666.360-695-4858 (WA) . 503-288-7844 (OR) . Fax: 360-695-5091 @ , ' . . . Oregon Title V Air Operating Permit Renewal Application Information FORM API06 Answer Sheet Facility name: Finley Buttes Landfill Company Permit Number: 25-0001 1. Contact Person: Name Pamela S. Pawelek Title Environmental Compliance Manager Phone number 503.288.7844 e-maIl address pamelap@wasteconnections.com Fax number 360.695.5091 2. Permit cover page changes: None 3. Were there any off-permit changes? No If yes, integrate changes mto renewal permlt? [If - no exnlaml 4. Were there any seCTIon 502(b)(10) changes? No If yes, integrate changes mto renewal permlt? [If - no exnlainl 5. Process information: Production No AnTIcipated Changes Fuel usage AnTICIpate slight reductlon in fuel consumptlon With renlacement transfer trailer tinner (see #9) Raw rnatenal usage Not Applicable 6. Operating schedule hours/day Landfill ermssion unit (LFG-OI) = 24hourslday Disnosal onerations = 10 hours/day days/week 5 weeks/year 52 Seasonal months Not Applicable 7 Number of employees 7 8. Will there be any changes to the operating No scenario(s)? [if yes, descnbe and attach form API031 9. Will there be any new, modified, or Replace current transfer trailer tipper. See attached Off- reconstructed stationary sources or arr pollution Permit Notification form (MD902). control equipment? [if yes, attach appropriate form( s)l 10. Are the current emissions units correctly Yes - identrlied and defined m the permit? [if no, nroVlde necessarY reVlsions 1 11. Does the CAM rule apply to any of the J No ennssions units? [if yes, list the pollutant- specific emissions units that the rules apply to and attach form CP7091 12. Does the aCCIdental release preventlon No regulation apply to the facility? [if yes, list the regulated substances present in processes at the facilitv and identlfv the annlicable nrograml 13. Are there any other new applicable I No Oregon Department of EnVIronmental Quality Oregon nt/e V Operatzng Permtt Application Forms Page I 01'3 revIsed /2/06/02 Oregon Title V Air Operating Permit Renewal Application Information FORM API06 Answer Sheet requirements? [if yes, lIst the new applicable requirements, errusslOns units, and attach a senes CP700 form that descnbes the proposed morutonnl11 14. Are there any requested changes lD the Plant No SIte ErruSSlOns LlITIlts (PSEL) other than those idenhfied lD Item 9 above? [if yes answer the followlnl! 1 Are the changes a result ofhavlDg better - emisslOns mformahon such as a new errusslon factor from a recent source test? If yes, complete and attach any applicable emissions forms from senes ED600. Are the changes due to an lDcrease lD - produchon? If yes, complete and attach the applIcable errusslOns form from series ED600. If the errussIOns lDcreases are greater than the sigmficant emissIOn rate (SER), the owner or operator will need to proVIde an assessment of the arr quality Impact lD accordance with OAR 340-222-004 H3)(bt I 15. Is the source lD compliance with all of the Yes condmons of the current perrrut? [ifno, attach a comoliance schedulel 16. Are there any requested changes to testing No conditions? [if yes, Identrfy the condition, the reouested chancre and the reasonl 17. Are there any requested changes to momtoring No condlhons other than those bemg replaced by CA.l\1? (If yes, Identrfy the condihon., the reauested chan!Je and the reasonl 18. Are there any requested changes to No recordkeepmg condihons? (if yes, Identify the condmon the renuested chan!Je and the reason 1 19. Are there any requested changes to reporting No condihons? (if yes, identify the condihOn., the renuested chan!Je and the reasonl 20. Are there any requested changes to the non- No applicable requrrements? (if yes, Identrfy the condihon the renuested chant7e and the reasonl 21. - Are there any other requested changes to any No condihon? (if yes, IdentIfy the conmhOn., the reouested chancre and the-reasonl Oregon Depanmenc of EnVIronmental Qua/zty Oregon Tille V Operating Permll Applicallon Forms Page 2 of 3 revISed 12/06/02 . . . . . . Oregon Title V Air Operating Permit Renewal Application Information Statement of Certification: FORM API06 Answer Sheet Based on information and belief formed after reasonable inquiry, the statements and information in this document and any attachments are true, accurate and complete. I also certify that all statements made concerning compliance, w~ich are based on monitoring required by the permit but not required to be submitted to the Department, are true, accurate and complete based on information and beliefformed after reasonable inquiry Pamela S. Pawelek Name of Responsible Official Environmental Compliance Manager Title of Responsible Official May 28. 2003 Date Oregon Department of Environmental Quality Oregon Title V Operating Pennlt Application Fonns Page 3 of 3 revISed /2106102 Off-Permit Chanee Notification FORM MD902 Answer Sheet FacIlity name: Finlev Buttes Landfill Company Permit Number: 25-000 I . Part A 1. Contact Person: Name Pamela S. Pawelek Title Environmental Compliance Manager Phone number 503.288.7844 e-mail address pamelap@wasteconnections.com Fax number 360.695.5091 2. Descnbe the change: Replace current transfer trailer tIpper (2 diesel engmes at 115 hp each) with a new ColumbIa Low Profile Landfill Tipper (smgle diesel engme at 94hp). ., Date change will take effect: Mid August 2003 .J. 4. Will there be any change m emISSIOns Wlthm Finley Buttes Landfill anticipates a slight reduction in the PSEL as a result of the off-permit change? CO and NO, emisSIOns but is not requestmg a reduction If yes, complete Part B and attach in PSELs. documentatIOn. 5. Pollutants CO and NO, 6. Will the change be subject to any reqUIrements No not already addressed m the permIt? If yes, lIst the new reaUIrements bv rule citatIon. 7. Is the change addressed or prohibIted by the No nermit? 8. Is the change a Title I modificatIon? No 9. Is the change subject to the ACId Rain program? No 10. Will the change violate any existmg permit term No or conditIon? . Statement of Certification: Based on information and belief formed after reasonable mquiry, the statements and information in this document and any attachments are true, accurate and complete. Pamela S. Pawelek N e of Responsible Official Environmental Compliance Manager Title of Responsible Official U73. Mav 28. 2003 Date S~nature of Respo sible Official . Oregon Department of EnVIronmental Quality Oregon Title V Operating Pennlt Application Fonns Page 1 of! revzsed 12/06102 . . . Off-Permit Chane:e Notification FORM MD902 Answer Sheet Part B PSEL Itons/vr) Device/nrocess Pollutant Before chanpe After chanQe Provide docwnentation below or attach the infonnatlon to this form Oregon Department of EnVIronmental Quality Oregon Title V Operating Permit Application Forms Page 2 of 1 revised 12/06102 -~ 4.8 Compo III City of Port Angeles . 4.8 COMPONENT III - BLUE MOUNTAIN DROP-BOX OPERATIONS 4.8.1 TECHNICAL AND COST PROPOSAL REQUIREMENTS . . WCWI proposes to provide the equipment, labor, and materials necessary to operate the Blue Mountain Drop Box located on Blue Mountain Road between Sequim and Port Angeles, Washington. WCWI will utilize and maintain the existmg facility configuration: a building with restroom, concrete apron, paved drive-around, water well, and oil/antifreeze recycling tanks. WCWI will staff the operation (24-30 hours per week at Blue Mountain facility). Employees will be included in WCWI's benefits program. Operating expenses will occur in the normal course of business as described below. WCWI will properly bond and insure the project and operations as required. WCWI will also furnish: . Electrical and telephone service. . Uniquely identified transfer containers marked in a manner consistent with Transfer Station trailers, and associated roll-off trucks. . Portable toilet for customers. In summary, WCWI will meet all RFP requirements for Component III, except as noted in 4.8.3. WCWI incorporates by reference Appendix B.3, Blue Mountain Drop-Box Operations performance specifications. 4.8.2 COMPONENT III (BLUE MOUNTAIN DROP-Box OPERATIONS) 4.8.2.1 Description of the Proposer's Approach to the Operations Plan WCWI's Operations Plan will establish the facihty management, operation, and maintenance procedures and methods needed to meet the RFP requirements including: Provide the labor, equipment, materials, and utilities necessary to operate and maintain the Drop-Box facility, and to monitor residential and commercial self-haul wastes. WeIgh waste and collect disposal charges for residential and commercial self-haul loads. Provide containers for the collection of wastes and recyclable materials. Haul wastes collected at the Drop-Box faCIlity to the Transfer Station. Haul recyclable materials collected at the Drop-Box facility to the Transfer Station or a materials recovery facility. Maintain and/or make necessary improvements to the infrastructure, security system, equipment, and operation of the Drop-Box facility to meet operating and aesthetic requirements. Apply a waste screening and acceptance policy consistent with the policy established for the Transfer Station. Maintain records of solid waste, handling and disposal, including periodic reports such as daily receipts and waste quantity transported, operating permits, compliance reports, and pay requests. The Operations Plan will address all the Items listed in RFP B.3 1.1.1. Following are a few examples (subject to modification) of the types of procedures that will be detailed in the Operations Plan: April 5, 2005 Waste Connections of .."ft. Washington, Inc. "'.' 4.8-1 . . . City of Port Angeles Hours of operation Operating Hours: Receiving Hours: Monday, Wednesday and Saturday, 9 to 6 pm 9 am to 5 pm Waste receiving, screening, and acceptance Waste receiving will occur from 9 am to 5 pm. Incoming vehicles will be weighed and their waste screened as described below. Outbound vehicles will be weighed and the appropriate fees collected. Waste screening will follow the protocols, procedures, and acceptance policy established in the Port Angeles Transfer Station Operations Plan. Please see Section 4.6.2.7. Cash handling procedures for collection of disposal charges The WCWI station attendants are responsible for maintaining true and accurate records, accounting for all money received at the facility. These records will be kept separate from any books or accounts for WCWI's services and business operations performed at other facilities. Separate books and accounts will be maintained for the recycling program and its component activities. WCWI will provide the Public Works and Utilities Director or their designee full and prompt access to all records descnbing business or operations at the Blue Mountain Drop-box Operations. Cash transactions will be recorded and deposited daily. A locked register with predetermined cash will be on site to handle that day's transactions. All financial transactions will be recorded and the accounts reconciled daily. Safety and emergency training WCWI will provide operation and safety training for all drop-box facility staff, mcluding: Mandatory CPR & first aid training. Waste screening training, including recognition of unacceptable waste before and after unloading, and identification and tracing of unacceptable wastes to the responsible party. All training required by Occupational Safety and Health Administration (OSHA) and Washington Industrial Safety and Health Act (WISHA). Training for employees in the location and use of safety equipment at the site. Training in emergency response. Waste loading and transport Waste wIll be accumulated in roll-off containers at the Drop Box facility. Withm 72 hours of being filled, each roll-off container will be transported to the Port Angeles Transfer Station for disposal. At the end of each day, staff wIll insure that all waste has been loaded into containers and these containers have been tarped for the night. WCWI will comply with State gross vehicle and axle weights requirements, and will unload and reload containers as necessary to achieve compliance. At the Transfer Station, the City will weigh each load, April 5, 2005 Waste Connections of ..h. Washington, Inc. "'.' 4.8-2 . . . City of Port Angeles calculate the net weight, and provide WCWI with a weigh ticket. The weigh ticket will serve as the basis of payment. Recyclables handling WCWI station attendants will operate the public Drop-Off facilities for recyclable materials as follows: WCWI will promptly greet each customer entering the facility. WCWI will inspect, and weigh the load and collect the appropriate disposal charge. WCWI will direct the customer to the appropriate area based on waste type (recyclables, mIxed waste, or both). Recyclables will be placed directly into appropriate contamer whenever possible. Recyclables will not be allowed to accumulate elsewhere around the facility. If the customer has mixed solid waste, WCWI will direct the customer to the off-loading area, remove the disposal chain protecting the disposal area and, if necessary, assist the customer with unloading of waste. WCWI will screen loads to determine if unacceptable waste is present. Ifunacceptable waste IS identified, WCWI will inform the customer that the waste cannot be accepted. The waste will be retrieved and returned to the customer. Handling of used motor oil, antifreeze, and auto batteries Used motor oil, antifreeze and auto batteries will continue to be received at the Drop Box Facility. The oil and antifreeze will be accumulated in two separate 300-gallon double wall storage tanks and pumped out for offsite recycling by an outside vendor on a regularly scheduled basis. Used auto batteries will be collected in an approved battery containment container that will be collected on a regular basis by a licensed recycling/disposal vender. Site security Station attendants will ensure site security and follow operating procedures to prevent unauthorized site access. The facility is fenced and the gate is locked at all non-operating times. No new site security lighting will be installed, as WCWI does not believe that any significant new security improvements are required. Building annual maintenance. WCWI station attendants will schedule regular inspections and preventive maintenance for the equipment and the facility. WCWI personnel will clean the Drop-Box area daily and keep the facility clean and sanitary. WCWI will keep on-site records of service, maintenance and repairs for equipment used in collection and transport of solid waste and recyclables. Traffic control WCWI station attendants will manage incoming and outgoing traffic at the Drop Box facility so that waiting times are minimized and safe operating conditions are maintained at all times. April 5, 2005 Waste Connections of ..h.. Washington, Inc. "'+"'" 4.8-3 City of Port Angeles . Noise mitigation WCWI will operate the Drop Box facility site during Days and Hours of Operation as described above. Operations will comply with applicable City, County and state regulations. WCWI will respond to noise complaints promptly and will work with the City to mitigate noise impacts as appropriate. Dust, litter, odor, and vector control WCWI station attendants will ensure the tipping areas and areas around the Drop-Box are kept clean and swept daily. Trailers will be routinely cleaned to prevent odors. Full waste containers will not be stored on-site for longer than 72 hours. WCWI will respond to all complaints by local residents within 24 hours regarding odors from the facility. WCWI will conduct on-site litter control during the Days and Hours of Operation. WCWI will perform daily inspections paying particular attention to wind-blown material near the facility boundaries. WCWI will control insect, rodents, birds and other animals, as necessary to mitigate a nuisance or health and safety hazard. WCWI will respond promptly to all nuisance mitigation requests from the City. Environmental control . WCWI proposes to operate the facility as is, with existing environmental controls in place. Because of the site's remote location with respect to sanitary sewers, it is not practical to provide catch basins that drain into a sanitary sewer. Visible leakage from a waste container (other than uncontaminated rain water dripping off the outside of a container) will immediately be mopped up using spill absorbents, pads, or similar materials. Except dunng Receiving Hours, partially-filled and full containers holding waste (not recyclables) will be tarped to exclude rain and minimize the potential for leakage. No stormwater separation will be provided other than the operational measures described in this paragraph. Public information management General information on recycling and waste disposal options will be available onsite as public information sheets. Public inquiries will also be directed to City of Port Angeles and internet resources. 4.8.2.2 Description of Proposer's Approach to the Contingency Plan . The Operations Plan will contain a comprehensive set of contingency operating procedures that would take effect in the event of interruption of normal operations at the Drop-Box facility, such as: . Fires and explosions. . Release of toxic or hazardous substances. . Work stoppage by WCWl's employees. . Emergency weather conditions. . Building or equipment failure. Unknown delivery of unacceptable wastes. The Contingency Plan will include: Arrangements and agreements (if required) with local emergency response agencIes describing the services to be rendered by each agency in the event of an emergency. A site diagram and description of the 10catlOn and intended use of all emergency equipment. 4.8-4 Waste Connections of .h.. Washington, Inc. "'+' April 5, 2005 . . . City of Port Angeles Names, telephone numbers, and addresses of persons designated by WCWI as emergency coordinators. An emergency coordinator will be at the Transfer Station, or on-call by telephone or radio within thirty minutes of the site. Emergency coordinators will be familiar with all parts of the Operations and Contingency Plans. WCWI will conduct emergency response drills at least twice per year. 4.8.3 OPERATE EXISTING BLUE-MoUNTAIN FACILITY WCWI proposes to provide the equipment, labor, and materials necessary to operate and maintain the Blue Mountain Drop Box in its existing configuration (building with restroom, concrete apron, paved drive-around, water well, and oil/antifreeze recycling tanks). Current operational practices would be continued. Per the RFP, WCWI would also furnish: . Electrical and telephone service. . Uniquely identified transfer containers marked in a manner consistent with Transfer Station trailers, and associated roll-off trucks. . Portable toilet for customers. . During Receiving Hours (9 am to 5 pm) on Monday and Wednesday, the facility will be staffed by one solid waste attendant. On Saturday it will be staffed by two attendants. Operating Hours would be Monday, Wednesday and Saturday, 9 to 6 pm. Operation of the facility would include: 1. At the tipping scale, the station attendant will visually inspect the load before it is allowed to be unloaded into the hopper. The attendant will continue to monitor the material as it enters the hopper. If any suspect material is identified, it will be unloaded separately and handled according to procedures set forth in the Operations Plan (e.g., returned to the driver). After the load is discharged, station attendants will examine the discharged load. They will look for containers with warning labels, sealed drums, leaking containers, wastes with strong and unusual odors, sludge and burning or smoldering wastes. They will be instructed to follow the safety procedures of the Operations Plan prior to closely inspecting any suspicious wastes. 2. After the attendant approves the waste, the scale is tipped into the container and the waste is accepted. The driver is then released to pay the fees due. April 5, 2005 Waste Connections of ..hit Washington, Inc. """'.' 4.8-5 6 10 " City of Port Angeles '. 6.10 FINANCIAL QUALIFICATIONS Copies of most recent 10-Ks filed with the U.S. Securities and Exchange Commission (SEC) and all 1 O-Qs since the last 10-K Please see attached. A copy of the prospectus and official statement, if any, for the Proposer's latest security offerings Please see attached report The rating on outstanding corporate debt On Sept. 26, 2003, Standard & Poor's Ratings Services raised its corporate credit rating on Folsom, Calif.- based Waste Connections Inc. to 'BB+' from 'BB', reflecting its improving financial profile as evidenced by its attractive profitability, increased cash flow generation and management's disciplined growth strategy. Please see attached report from Standard & Poor dated September 26,2003. Description of all financial commitments in excess of one million dollars ($1,000,000) presently obligated including completion guarantees on all construction projects and operating agreements and their bearing on the Proposer's financial ability to guarantee the performance and other requirements of this project. Please refer to WCI's June 2004 10Q form, attached. . Description of any outstanding contractual arrangements affecting ability None. Evidence of the ability to obtain the required insurance, a construction performance bond and a performance bond, or other acceptable guarantees in the amounts defined in Section 3.3. See letter from Evergreen National Indemnity Company. Copies of all violation notices that the Proposer has received under similar agreements during the last three years. None. Pending or potential legal actions that would materially affect the Proposer's financial situation and/or its ability to meet its contractual obligations to the City. None. Evidence of the ability to secure financing necessary for development of the Transfer Station and MRWF. WCI has over $300 Million available capacity in its line of credit and $200 Million in additional authorized capacity. A proposal bond in the amount of $200,000. . Please see Form 5.4 in Section 5. 6.10-1 Waste Connections of .hlt Washington, Inc. ",.,. October 29, 2004 ~ . . . Waste Connections Inc. Rating Raised to 'BB+' Stable; Bank Loan Assigned 'BB+' Publication date: 26-Sep-2003 Analyst(s): Liley Mehta, New York (1) 212-438-1263 Credit Rating: BB+jStablej-- Rationale On Sept. 26, 2003, Standard & Poor's Ratings Services raised its corporate credit rating on Folsom, Calif.-based Waste Connections Inc. to 'BB+' from 'BB', reflecting its improving financial profile as evidenced by its attractive profitability, increased cash flow generation and management's disciplined growth strategy. The outlook is stable. In addition, Standard & Poor's assigned its 'BB+' rating to Waste Connections' proposed $500 million senior secured credit facilities, based upon preliminary terms and conditions. Proceeds will be used to refinance the company's existing revolving credit facility. Total debt outstanding was about $562 million at June 30, 2003. The rating revision is supported by Waste Connections' demonstrated operating strength, which benefits from the company's unique business strategy including a focu's on secondary markets, and significant operations under exclusive franchisee contracts. Acquisition-driven growth remains the key focus, but management is expected to maintain its prudent and successful track record of acquiring and integrating numerous, but small solid waste operations, while maintaining an improving trend in credit measures. The ratings on Waste Connections Inc. are based on its average business position as a major regional solid waste management company, efficient operations, and generally favorable industry characteristics. These factors are partially offset by aggressive debt leverage, risks associated with an active growth strategy, and a somewhat less favorable operating environment because of a sluggish economy. Waste Connections provides collection, recycling, transfer, and disposal services in secondary (nonurban) markets, primarily in the western and southeastern U.S. The firm serves more than 1 million residential, commercial, and industrial customers in 22 states. About 50%-55% of revenues and a greater percentage of cash flows are generated under exclusive contract arrangements, with the balance derived from competitive markets. In addition, the company benefits from the significant remaining life of its ( , landfills, and few sites closing in the next 10 years. Although the solid waste management industry is mature and competitive, earnings prospects for Waste Connections are enhanced by the essential nature of its services, its leading presence in a number of growth markets, and expected benefits from acquisitions. Concerns include management of an active growth strategy, lower special waste and commercial construction-related volumes, pressure on certain costs, and reduced pricing flexibility. However, the soft economy has not yet had a material adverse impact on financial performance, helped by the company's relatively small exposure to more cyclical industrial markets. Waste Connections has expanded rapidly in the past three years, primarily through acquisitions, taking advantage of the fragmented nature of many western markets. However, reliable internal growth has also been a meaningful and increasing contributor, in part due to the markets' attractive demographics. The entry into selected markets in the midwestern and southwestern states broadened geographic diversity and is consistent with the company's strategy to have a leading market share or fully integrated operations in all markets served. The firm's growth has been financed by a combination of debt, equity, and internal cash flow. Despite Waste Connections' relatively modest scale of operations compared with those of leading industry participants, its operating profit margins of about 35% are impressive and the highest in the industry. This reflects exclusive contract arrangements, a low cost structure, and improving integration of services (waste internalization is in a respectable low-60% area, anticipated to improve to the high 60% level by year-end 2003). Credit protection measures are sufficient for the rating, with funds from operations to total debt (adjusted for capitalized operating leases) at about 24%, EBITDA interest coverage approximately 5.5x, and debt to capital in the low 50% area, for the 12 months ended June 30, 2003. The company benefits from strong free cash generation, with free operating cash flow to total adjusted debt of above 10%, which is well above medians for the rating. Increased levels of free cash generation will likely continue to be used for acquisition driven growth spending. Although the company may exceed these spending levels and modestly increase its debt periodically, Standard & Poor's expects that management will maintain a modestly de-levering trend, given the attractive profitability and earnings base. Thus, funds from operations to total adjusted debt and total adjusted debt to capital are likely to trend toward 25% and 50%, respectively. Moreover, there is potential for accelerated and material improvement in the capital structure, if $150 million of subordinated notes due 2006 (callable beginning in April 2004) are converted into the company's common stock, which currently trades fairly close to the conversion price. The rating on the proposed $500 million senior secured credit facilities is the same as the corporate credit rating. The credit facilities include a $350 million revolving credit facility due 2008 and a $150 million term loan due 2010. Under the proposed terms of the credit agreement, the credit facility can be increased to $600 million, at Waste Connections' option, provided no event of default has occurred at the time of request. If fully drawn, the bank facility would represent about 63% of the company's total debt, and is expected to be subject to financial covenants including maximum debt to EBITDA, minimum EBIT interest coverage, minimum net worth, and maximum capital expenditure restrictions. The obligations under the facility will be secured by a first-priority perfected . . . . . . security interest in all assets of Waste Connections and its subsidiaries and a pledge of all of the stock of each subsidiary. In evaluating the underlying collateral, Standard & Poor's has used an enterprise value approach, given the likelihood that the business would retain more value as an operating entity in the event of a bankruptcy. Recovery prospects are bolstered by the strength of the proposed security package and a $325 million subordinated debt cushion at closing (although some portion of the proceeds may be used to refinance existing subordinated debt). Based on Standard & Poor's simulated default scenario, lenders would be expected to realize a meaningful recovery of the outstanding principal. In a simulated default scenario, Standard & Poor's assumes that the revolving credit facility would be fully drawn and that Waste Connections operating results would ~e significantly depressed. The ratings on the credit facilities are based on preliminary terms and conditions. Liquidity. At June 30, 2003, Waste Connections had $215 million of borrowing capacity under its existing $435 million revolving credit facility maturing in 2005. The company is expected to maintain about $200 million in availability, at closing of the new bank facility, after providing for letters of credit. Under the terms of the proposed credit facilities, the company could use borrowings under the revolving credit facility to refinance its $150 million convertible subordinated notes due 2006. Expected liquidity under the proposed revolving credit facility, coupled with increasing internally generated cash flow, should be sufficient to fund operating needs (primarily capital expenditures), selected acquisitions, and light debt maturities for the next several years. The successful completion of the proposed bank facility would significantly extend debt maturities, and the company is expected to remain comfortably in compliance with financial covenants. Outlook The outlook is stable. Ratings stability is provided by the company's leading positions in most of its markets, sufficient liquidity, and a disciplined growth strategy, which incorporates continued strengthening of its financial profile. Ratings List Waste Connections Inc. Corporate credit rating Senior secured debt Subordinated debt To BB+/Stable BB+ BB- From BB/Positive Complete ratings information is available to subscribers of RatingsDirect, Standard & Poor's Web-based credit analysis system, at www.ratingsdirect.com. All ratings affected by this rating action can be found on Standard & Poor's public Web site at www.standardandpoors.com; under Credit Ratings in the left navigation bar, select Credit Ratings Actions. r t' Moody's Investors Service upgraded the existmg ratings of Waste Connections, Inc. ("WCN") as outlined below: . $425 millIon semor secured revolvlllg credit facIlity due 2005 - raised to Ba2 from Ba3, $150 rmllion issue of 5.5% convertible subordlllated notes due 2006 - raised to B 1 from B2; $175 million Issue of floating rate convertible subordinated notes due 2022 - raised to Bl from B2; Senior Implied Rating - raised to Ba2 from Ba3; Senior Unsecured Issuer Ratmg - raised to Ba3 from B 1. At the same time, Moody's assigned a (P)Ba2 ratlllg to WCN's proposed $500 million senior secured credit facIlity comprised of a $350 million senior secured revolvIng credit facility due 2008 and a $150 million semor secured term loan due 2010. Moody's estimates that at closing approximately $250 million offunds will be drawn (i.e. the entire $150 million term loan facility and approximately $100 million under the revolving credit facility). The proceeds are expected to be used to repay outstandings of approximately $241 rmllion under the existing credit facility (whose rating would be withdrawn upon refinancing) and pay transaction fees and expenses of approximately $4 rmllIon. The rating IS contingent upon the receipt of final documentation in form and substance acceptable to Moody's. The rating outlook is stable. The upgrade was prompted by the relative stabilIty and economIC resilience ofWCN's revenues and profitability during a weak economy; its improved cash generatIOn and Improved leverage; and the mallltenance of its business franchise mix despite sigmficant growth though acqUIsitions. The ratings reflect the large portion of revenues being generated under exclusive market agreements (approximately 53%); leading market positions in most secondary western and southern markets; high internalization rate in non-exclusive markets as well as low exposure to the more cyclical Industrial and construction and demolition sectors. Further, the ratings reflect improved liquidity as a result of the proposed refinancing. . The ratings are constrained by WCN's weak balance sheet with total debt approximating the size of the trading twelve months revenues; intangible assets of approximately 46% of total assets, reflecting acquisition-based growth strategy of the company; and negative tangible net worth of approximately $104 million at June 30, 2003. Further, the ratings also incorporate acquisition risks associated with an aggreSSIve acquisition-based growth strategy, which Moody's antiCIpates to continue as recent internal growth in core revenue is nominal. The stable outlook reflects Moody's belief that the company will be able to maintain its current revenue mix and operating margins over the next few years even as it expands geographIcally. The stable outlook also assumes that the company will continue its de-leveraging efforts and will seek to maintain a balanced fiscal polIcy during its acquiSItive phase. A sigmficant diminution in operating profitabilIty or cash generatIOn or any Increases in leverage may result III a negative rating conSIderation. The (P)Ba2 rating on WCN's proposed senior secured credit facilIty reflects the benefits of the security package as well as the debt's position as the largest facility within the capital structure. The facility is the joint and several obligation ofWCN and its current and future direct and indirect subsidiaries. The facility is secured by a perfected first priority lien on all assets of the company and subsidiaries as well as a pledge of stock of the subsidIaries. The revolving facilIty does not have sub-limits for the letters of credit, and, If needed, could be used in its entirety for LC issuance. The facility has a permitted incremental capaCIty of $100 million, which could bring the total capacity size to $600 million. The B 1 ratlllg on the convertible subordinated notes reflects the effective subordination of the notes to the claims of the senior creditors of the holdIng company, as well as the effective subordination ofthe notes to any liabilities of the subsidiarIes. . .. . Despite a weak economic envIronment, WCN mamtained its revenue growth which was primarily dnven by acquisitions despite a decline in core revenues m the first SIX months of 2003. Year over year, revenues grew approximately 23%, to $532.2 rmllion, for the trailing twelve months ending June 30, 2003 AcquisitIOns accounted for approximately 83% of that growth, with the balance attrIbutable to select pnce increases and a moderate growth in volume during the second half of 2002. WCN was able to mamtain ItS profit margins in spite of mcreased insurance, fuel and labor costs due to its use of fuel hedges and higher internalizatIOn of waste into the landfills it owns or operates. As such, gross profit margin remamed unchanged at approximately 43.8% for the trailing twelve months ending June 30, 2003 as compared to the traIlIng twelve months period ending June 30, 2002. Similarly, EBIT margin remamed flat at 26.1 % for the trailIng twelve months ending June 30, 2003 as compared to a year ago, but when adjusted to one tIme non- cash charge reversals in during the twelve months period ending June 30, 2002, normalized EBIT margm improved to 26.1 % in 2003 from 25.1 % m 2002. Financial leverage is still high, but it has shown signs of improvement since Moody's rated the company m May of 2002. Measured as total debt to revenues, leverage was approximately 1.0 times for the trailing twelve months ending June 30, 2003, down from approxImately 1.3 times for a comparable period a year ago. Improved cash flow generation also resulted in de-leveraging, despite a slight increase in absolute debt amount in 2003. As such, total debt to free cash flow, measured as cash flow from operations less capex, decreased to approximately 7.1 times for the trailing twelve months period ending June 30, 2003, from approximately 8.0 times for a comparable period a year ago, in line with Moody's expectations. Increased operating profits resulted in improved interest coverage, despite higher mterest expense associated with higher debt levels. Measured as EBIT to interest expense, coverage improved to approximately 4.2 times for the trailing twelve months ending June 30,2003 from approxImately 3.6 tImes for a comparable period a year ago. Similarly, fixed charges coverage, inclusive of operatIng leases and the current portion of the long-term debt, increased to approximately 3.5 times for the LTM ending June 30, 2003 from approximately 3.1 times a year ago. . Going forward, Moody's expects that WCN will continue to grow primarily via tuck-in acquisitions. However, as the company's internalization rates and cash flow generation continue to improve, Moody's expects that an increasmg amount of these acquisitions WIll be financed using internally generated cash. Further, Moody's expects that WCN will continue to de-leverage and improve its balance sheet in the long run, as the company's earnings and cash flow generation increase Waste Connections, Inc., based III Folsom, CA, is a regional, integrated solid waste services company. Through its operating subsidiaries, it provides solid waste collection, transfer, disposal and recyclIng services in secondary markets of the Western, Midwestern and Southern US. The company serves residential, industrial and commercial clients. In fiscal 2002, Waste Connections, Inc. generated approXImately $500 million III revenues, approximately fifty three percent of which revenues was derived from exclusive arrangements. . I . . . . . . , UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) 0' QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended March 31, 2004 or o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 0-23981 WASTE CONNECTIONS, INC. (Exact name of registrant as specified III Its charter) Delaware (S tate or other jurisdictIOn of incorporatIOn or orgamzation) 94-3283464 (I.R.S. Employer IdentIfication No.) 35 Iron Point Circle, Suite 200, Folsom, CA 95630 (Address of principal executIve offices) (916) 608-8200 (RegIstrant's telephone number, including area code) IndIcate by check mark whether the registrant (1) has filed all reports required to be filed by SectIon 13 or 15(d) of the SeCUrItIes Exchange Act of 1934 dUrIng the preceding 12 months (or for such shorter perIod that the regIstrant was reqUIred to file such reports), and (2) has been subject to such filIng requirements for the past 90 days. Yes [X] No [ ] IndIcate by check mark whether the regIstrant is an accelerated filer (as defined III Rule 12b-2 of the Exchange Act). Yes [X] No [ ] Indicate the number of shares outstanding of each of the issuer's classes of common stock: As of April 15, 2004: 29,089,514 shares of common stock PART I-FINANCIAL INFORMATION Item 1. Fmancial Statements Condensed Consolidated Balance Sheets - December 31, 2003 and March 31, 2004 Condensed Consolidated Statements ofIncome for the three months ended March 31, 2003 and 2004 Condensed Consohdated Statements of Cash Flows for the three months ended March 31, 2003 and 2004 Notes to Condensed Consolidated Financial Statements Item 2. Management's DIScussion and AnalysIs of Fmancial ConditIOn and Results of Operations Item 3. Quantitative and QualitatIve Disclosures About Market Risk Item 4. Controls and Procedures P ART II - OTHER INFORMATION Item 1. Legal Proceedings Item 6. ExhIbits and Reports on Form 8-K Signatures i . . . . P ART I - FINANCIAL INFORMATION Item 1. Financial Statements WASTE CONNECTIONS, INC. CONDENSED CONSOLIDATED BALANCE SHEETS (UnaudIted) (In thousands, except share and per share amounts) December 31, March 31, ASSETS 2003 2004 Current assets: Cash and equivalents $ 5,276 $ 4,911 Accounts receIvable, less allowance for doubtful accounts of $2,570 and $2,440 at December 31, 2003 and March 31,2004, respectIvely 72,474 70,049 Prepaid expenses and other current assets 11,270 10,719 Total current assets 89,020 85,679 Property and equipment, net 613,225 620,257 GOOdWIll, net 590,054 599,713 Intangible assets, net 64,784 69,012 Restncted cash 17,734 16,537 Other assets, net 21,135 20,418 $ 1,395,952 $ 1,411,616 LIABILITIES AND STOCKHOLDERS' EQUITY . Current habIhtIes: Accounts payable $ 38,682 $ 37,320 Accrued liabIlities 31,920 35,866 Deferred revenue 23,738 25,329 Current portion oflong-term debt and notes payable 9,740 9,674 Total current habIhtIes 104,080 108,189 Long-term debt and notes payable 601,891 580,770 Other long-term habIhtIes 8,400 8,752 Deferred lllcome taxes 120,162 125,800 Total habilities 834,533 823,511 COlrurutments and contlllgencles Mlllonty interests 23,925 23,617 Stockholders' eqUlty: Preferred stock. $0.01 par value; 7,500,000 shares authonzed; none Issued and outstandlllg Common stock: $0.01 par value; 50,000,000 shares authonzed; 28,666,788 and 29,086,180 shares Issued and outstanding at December 31, 2003 and March 31, 2004, respectIvely 287 291 Additional paid-lll capItal 348,146 362,818 Deferred stock compensation (436 ) (2,468 ) Retained eamlllgs 189,094 205,296 Accumulated other comprehensIve income (loss) 403 (1,449 ) . Total stockholders' equity 537,494 564,488 $ 1,395,952 $ 1,411,616 See accompanYlllg notes. WASTE CONNECTIONS, INC. CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) (In thousands, except share and per share amounts) . Three months ended March 31. 2003 2004 Revenues $ 128,454 $ 149,258 Operatmg expenses: Cost of operations 71,821 85,063 Selling, general and administrative 12,881 15,595 DepreciatIon and amortIzation 10,580 13,443 Operatmg income 33,172 35,157 Interest expense (8,050) (6,823) Other mcome 38 76 Income before income tax proviSIOn and mmonty interests 25,160 28,410 Minonty interests (2,282) (2,631 ) Income before income tax provision 22,878 25,779 Income tax provision (8,465) (9,577) Income before cumulatIve effect of change in accountmg principle 14,413 16,202 Cumulative effect of change in accountmg principle, net of . tax expense of $166 282 Net mcome $ 14,695 $ 16,202 Basic earnings per common share: Income before cumulatIve effect of change m accountmg pnncIple $ 0.51 $ 0.56 Cumulative effect of change in accounting principle .01 Net income per common share $ 0.52 $ 056 Diluted earnings per common share: Income before cumulatIve effect of change in accounting principle $ 0.49 $ 053 CumulatIve effect of change m accountmg pnncIple .01 Net mcome per common share $ 0.50 $ 0.53 Shares used in the per share calculatIons: BasIc 28,080,260 28,856,746 Dlluted 32,656,498 33,456,468 See accompanying notes. . 2 . WASTE CONNECTIONS, INC. CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (Dollars in thousands) Three months ended March 3 L 2003 2004 Cash flows from operating activities: Net mcome $ 14,695 $ 16,202 Adjustments to reconcile net income to net cash provIded by operating activities: Gain on disposal of assets (67) (38) DepreciatlOn 10,235 12,828 Amortization of mtangIbles 345 615 Deferred income taxes 4,232 5,495 Mmonty mterests 2,282 2,631 CumulatIve effect of change in accounting princIple (448) Amortization of debt issuance costs 591 625 Stock-based compensation 55 200 Interest income on restricted cash (24) (70) Closure and post-closure accretlOn 107 103 Net change m operating assets and liabIlItIes, net of acquisitions 4,167 9,298 Net cash provided by operating activities 36,170 47,889 . Cash flows from investmg activItIes: Payments for acquisitions, net of cash acqUlred (3,573) (6,081) Capital expenditures for property and eqUlpment (11,841) (15,628) Proceeds from dIsposal of assets 89 184 Net change m other assets (1,186) 1,326 Net cash used m mvestmg actIvItIes (16,511) (20,199) Cash flows from financmg activIties: Proceeds from long-term debt 11,500 21,500 Principal payments on notes payable and long-term debt (30,344) (56,963) Distributions to minority interest holders (2,156) (2,940) Proceeds from optlOn and warrant exercises 2,086 10,585 Debt Issuance costs (7) (237) Net cash used m financmg actIvItIes (18,921) (28,055) Net increase (decrease) m cash and eqUlvalents 738 (365) Cash and equivalents at beginmng of period 4,067 5,276 Cash and equivalents at end of period $ 4,805 $ 4,911 Non-cash financing actIvIty: LiabIlities assumed and notes payable issued to sellers $ $ 14,105 See accompanymg notes. . 3 WASTE CONNECTIONS, INe. NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Unaudited) (Dollars in thousands, except share, per share and per ton amounts) . 1. BASIS OF PRESENTATION AND SUMMARY The accompanying condensed consohdated financIal statements relate to Waste Connections, Inc. and its subsidIaries (the "Company") as of March 31,2004 and for the three month penods ended March 31, 2003 and 2004. The consohdated financial statements of the Company include the accounts of Waste Connections, Inc. and Its wholly-owned and maJonty-owned subsidIaries. All sigmficant intercompany transactions and balances have been elimmated in consohdatIon The accompanying unaudited condensed consolidated financial statements have been prepared m accordance with accounting pnnciples generally accepted in the Umted States for intenm financial information and with the mstructions to Form lO-Q and Article 10 of Regulation S-X. Accordmgly, they do not include all of the information and footnotes reqUlred by accounting principles generally accepted m the Umted States for complete fmancial statements. Operatmg results for the three month periods ended March 31, 2004 are not necessanly indicative of the results that may be expected for the year ending December 31, 2004. The Company's consolidated balance sheet as of March 31, 2004, the consolidated statements of mcome for the three months ended March 31, 2003 and 2004, and the consolidated statements of cash flows for the three months ended March 31, 2003 and 2004 are unaudIted. In the opinion of management, such financial statements include all adjustments, consisting only of normal recurring adjustments, necessary for a fair presentatIon of the Company's financial positIon, results of operations, and cash flows for the penods presented. The consolidated fmancial statements presented herem should be read in conjunctIOn wIth the Company's 2003 annual report on Form lO-K. . 2. ADOPTION OF NEW ACCOUNTING STANDARDS FIN 46 In January 2003, the F ASB issued Interpretation No. 46 ("FIN 46") which was subsequently amended in December 2003. FIN 46 requires that unconsolidated vanable interest entitIes be consohdated by their primary beneficiaries. A primary beneficiary is the party that absorbs a majonty of the entity's expected losses or residual benefits. FIN 46 applies to vanable interest entities created after January 31, 2003 and to existmg variable mterest entities begInnmg after June 15,2003. The Company fully adopted FIN 46 on March 31, 2004 and this adoptIon did not have a material Impact on the Company's financial statements. 3. STOCK-BASED COMPENSATION As permitted under the provIsions of SF AS No. 123, the Company has elected to account for stock-based compensation using the intrinsic value method prescribed by APB 25. Under the mtnnsIC value method, compensation cost is the excess, If any, of the quoted market pnce or faIr value of the stock at the grant date or other measurement date over the amount an employee must pay to acquire the stock Pro forma informatIOn regardmg net mcome and eammgs per share is reqUlred by SFAS No. 123, and has been determined as if the Company had accounted for its employee stock optIons under the fair value method of that Statement using a Black-Scholes option pncmg model. For purposes of pro forma disclosures, the estimated fair value of the options is amortIzed to expense over the options' vesting penod. . 4 . . . The following table summanzes the Company's pro forma net mcome and pro forma basIc and diluted earnings per share for the three months ended March 31, 2003 and 2004: Net income, as reported Add: stock-based employee compensatlOn expense mcluded m reported net mcome, net of related tax effects Deduct: total stock-based employee compensatlOn expense determined under faIr value method for all awards, net of related tax effects Pro forma net income Three Months Ended March 31, 2003 2004 $ 14,695 $ 16,202 35 126 Earnings per share BaSIC - as reported BasIc - pro forma (1,614) (2,237) $ 13,116 $14,091 $ 0.52 $ 0.56 $ 047 $ 0.49 $ 0.50 $ 0.53 $ 0.45 $ 0.47 Diluted - as reported Diluted - pro forma 4 LANDFILL ACCOUNTING At March 31, 2004, the Company owned 21 landfills, and operated, but dId not own, five landfills under life-of-slte operating contracts and nine landfills under operatmg contracts with finite terms. The Company also owns one Subtitle D landfill site that is permitted for operatlOn, but not constructed as of March 31, 2004. The Company's landfills have site costs wIth a net book value of $385,503 at March 31, 2004. With the exception of two owned landfills that only accept construction and demohtion waste, all landfills that the Company owns or operates are Subtitle D landfills For the Company's nine landfills operated under contracts WIth [mite terms, the owner of the property, generally a municipahty, usually owns the permIt and IS generally responsIble for closure and post-closure obhgatlOns. The Company IS responsIble for all closure and post-closure liabihtIes for four of the five operatmg landfills that It operates under life-of-site operating contracts. Many of the Company's existmg landfills have the potentIal for expanded disposal capacIty beyond the amount currently permItted. The Company's internal and third-party engineers perform surveys at least annually to estimate the dIsposal capacity at its landfills. The Company's landfill depletlOn rates are based on the remaming dIsposal capacity, considering both permItted and deemed permItted airspace, at its owned landfills and landfills operated under life-of-slte operatmg contracts. Deemed permItted airspace consists of addItIonal disposal capacity being pursued through means of an expanSlOn. Deemed permitted airspace that meets certam mternal cnteria is included in the estImate of total landfill mrspace. The Company's internal criteria to determme when deemed permItted mrspace may be mcluded as disposal capacity are as follows (1) The land where the expanSlOn is bemg sought IS contIguous to the current dIsposal SIte, and the Company either owns It or the property is under option, purchase, operating or other agreements; (2) Total development costs, final cappmg costs, and closure/post-closure costs have been determmed, (3) Internal personnel have performed a financIal analysis of the proposed expanslOn SIte and have determined that it has a positive financial and operational impact; (4) Internal or external personnel are actively workmg to obtain the necessary approvals to obtain the landfill expanslOn permIt; 5 (5) The Company considers It probable that the expansion will be achieved. For a pursued expanSIOn to be considered probable, there must be no sIgnificant known technical, legal, community, business, or pohtical restnctions or similar issues existing that could impaIr the success of the expansion; and (6) The land where the expansion IS being sought has the proper zoning or proper zoning can readtly be obtamed. . The Company IS currently seeking to expand penmtted capacity at seven of its owned landfills and four landfills that it operates under life-of-site operating contracts, and consIders the achievement of these expanSIOns to be probable. Although the Company cannot be certain that all future expanSIOns will be permItted as desIgned, the average remainmg life, when considering remaining pennitted capacity, probable expanSIOn capacity and projected annual disposal volume, of the Company's owned landfills and landfills operated under life-of-sIte operating contracts is 61 years, wIth lives rangmg from 3 to 263 years. The Company uses the units-of-productIon method to calculate the depletion rate at the landfills it owns and the landfills It operates under life-of-site operating contracts This methodology dIVIdes the costs assocIated with acqumng, permItting and developmg the entire landfill by the total remaming dIsposal capacIty of that landfill. The resultmg per unit depletton rate is applied to each ton of waste disposed at the landfill and is recorded as expense for that period. During the three months ended March 31, 2003 and 2004, the Company expensed approximately $2,882 and $3,683, respectIvely, or an average of$2.30 and $2.46 per ton consumed, respectively, related to landfill depletIon. The Company reserves for closure and post-closure maintenance obligatIOns at the landfills it owns and certam landfills it operates under life-of-sIte operating contracts. Final capping costs are included in the calculation of closure and post-closure liabilities. The Company calculates the net present value of its closure and post-closure commItments recorded in 2004 assuming a 2.5% inflation rate and a 7.5% dIscount rate. The resulting closure and post-closure obligation is recorded on the balance sheet as an addItIon to site costs and amortIzed to depletion expense as the landfill's airspace is consumed. During the three months ended March 31, 2003 and 2004, the Company expensed approximately $107 and $103, respectively, or an average of$0.09 and $0.07 per ton consumed, . respectively, related to closure and post-closure accretion expense. The followmg is a reconciliatIOn of the Company's closure and post-closure liability balance from December 31, 2003 to March 31, 2004: Closure and post-closure liability at December 31, 2003 Changes resulting from adjustments to the timing or amount of undIscounted cash flows LiabIhties incurred Accretion expense Closure and post-closure liabIhty at March 31, 2004 $ 5,479 (880) 106 103 $ 4,808 At March 31, 2004, $11,730 of the Company's restncted cash balance was for purposes of setthng future closure and post-closure liabilities. 5. ACQUISITIONS During the three months ended March 31, 2004, the Company acquired three non-hazardous solid waste collection businesses. Aggregate consideration for the acqUIsItions consisted of$4,226 m cash (net of cash acqUIred) $3,096 in notes payable to sellers, and the assumption of debt totaling $11,179. The results of operations of the acqUIred businesses have been mcluded in the Company's consohdated financial statements from theIr respective acquisition dates. The purchase prices have been allocated to the IdentIfied intangible assets and tangIble assets acqUIred and habilities . assumed based on theIr estimated faIr values at the dates of acquisition, with any residual amounts allocated to 6 . . . goodwill. The purchase price allocatIons are considered prelimlllary until the Company IS no longer waitlllg for lllformation that it has arranged to obtalll and that is known to be available or obtainable. Although the time reqUIred to obtain the necessary information will vary wIth circumstances specIfic to an indIvidual acquisition, the "allocatIon penod" for finahzing purchase price allocations generally does not exceed one year from the consummation of a business comblllatIon. As of March 31, 2004, the Company had SIX acquisItIons for which purchase pnce allocatIons were prehmlllary, mamly as a result of pending working capital valuations. The Company believes the potential changes to its preliminary purchase pnce allocatlOns wIll not have a matenal impact on its financial condition, results of operations or cash flows A summary of the prehmlllary purchase price allocatlOns for the acquisitions consummated in the three months ended March 31, 2004 is as follows: Acquired assets: Accounts receivable Prepaid expenses and other current assets Property and equipment Goodwill Long-term franchIse agreements and contracts Other intangIbles Non-competItion agreements Assumed liabtlItIes: Accounts payable Accrued habIhtIes Deferred taxes Debt and other liabilitIes assumed $ 491 42 5,151 9,659 4,514 259 70 (982) (560) (143) (14,275) 4,226 $ During the three months ended March 31, 2004, the Company paId $1,855 of acquiSItIon-related liabilities accrued at December 31, 2003. The three acqUISItIons acquired III the three months ended March 31, 2004 were not significant to our results of operatlOns. Goodwtll and long-term franchise agreements and contracts acqUIred III the three months ended March 31, 2004 totahng $9,659 and $4,514, respectively, are expected to be deductible for tax purposes. 6. INTANGIBLE ASSETS IntangIble assets, exclusive of goodwtll, conSIst of the followlllg as of March 31, 2004: Gross Carrying Amount Accumulated Amortization Net Carrying Amount Amortizable intangible assets' Long-term franchIse agreements and contracts Non-competItion agreements Other, net $ 51,325 $ (2,410) $ 48,915 4,056 (2,698) 1,358 2,674 (970) 1,704 58,055 (6,078) 51,977 17,035 17,035 75,090 $ (6,078) $ 69,012 7 Nonamortized intangible assets: Indefimte-hved llltangIble assets IntangIble assets, exclUSIve of goodwill $ . The weIghted-average amortization periods for long-term franchise agreements, non-competItion agreements and other intangibles acquired during the three months ended March 31, 2004 are 21.4 years, 5 years and 10 years, respectively. Estimated future amortization expense of amortizable intangIble assets for the next five years IS as follows: For the year ended December 31, 2004 For the year ended December 31,2005 For the year ended December 31, 2006 For the year ended December 31, 2007 For the year ended December 31, 2008 $ 2,440 2,322 2,131 1,879 1,711 7. LONG-TERM DEBT In March 2004, the Company entered into two interest rate swap agreements. Each interest rate swap agreement has a notIonal amount of $37,500, a three-year term, and effectively fixes the interest rate on the notional amount at an mterest rate of 2.25%, plus appltcable margin. These interest rate swap agreements are effective as cash flow hedges for a portion of the Company's variable rate debt and the Company applies hedge accountmg pursuant to SF AS No. 133 to account for these instruments. The notional amounts and all other significant terms of the swap agreements are closely matched to the provisions and terms of the variable rate debt bemg hedged. In March 2004, the Company refinanced the senior secured term loan portion of Its credit facIlity in order to reduce the effectIve borrowmg cost. The appltcable margin on the senior secured term loan was reduced by 25 basis points; all other terms remained consistent. In addition, the Company mcreased the amount outstanding under the senior secured term loan from $175,000 to $200,000, resulting in an increase m the size of the credit faciltty to $600,000. . In April 2004, the Company announced that it had completed the redemptIOn of its $150,000 aggregate princIpal amount, 5.5% Convertible Subordmated Notes due 2006. Holders of the notes chose to convert a total of $123,648 principal amount of the notes mto 3,251,312 shares of Waste Connections common stock at a price of $38.03 per share, or approxImately 26.295 shares per $1 pnncIpal amount of notes, plus cash in lieu of fractIOnal shares. Waste Connections redeemed the balance of $26,352 principal amount of the notes by proceeds from our credIt facilIty at a redemption price of $1.022 per $1 princIpal amount of the notes. All holders of the notes also receIved accrued mterest of $0.0275 per $1 pnncipal amount of notes. As a result of the redemption, the Company expects to recognize an estimated $1,478 of pre-tax expense, or $1,127 expense, net of taxes, m the second quarter, 2004. . 8 . 8. DILUTED EARNINGS PER SHARE CALCULATION The followlllg table sets forth the numerator and denominator used III the computation of diluted earnlllgs per common share: Numerator: Net income for basic earnings per share Interest expense on convertible subordinated notes due 2006, net of tax effects Net income for diluted earnings per share DenomlllatOf" BaSIC shares outstanding Dilutive effect of convertible subordinated notes due 2006 Di1utive effect of optIOns and warrants DIlutIve effect of restricted stock Diluted shares outstandlllg Three months ended March 31. 2003 2004 $ 14,695 $ 16,202 1,476 1,476 $ 16,171 $ 17,678 28,080,260 28,856,746 3,944,775 3,944,775 625,780 645,978 5,683 8,969 32,656,498 33,456,468 As of March 31, 2004, all stock options and warrants were lllcluded in the computation of dIluted income per share as they were all dIlutIve. . 9. COMPREHENSIVE INCOME Comprehensive income includes changes in the fair value of lllterest rate swaps that qualify for hedge accounting. The dIfference between net lllcome and comprehensive income for the three months ended March 31, 2003 and 2004 IS as follows: Net income Unrealized gam (loss) on interest rate swaps, net of tax (benefit) expense of $585 and $(1,088) for the three months ended March 31, 2003 and 2004, respectIvely Comprehensive income Three months ended March 3 L 2003 2004 14,695 $ 16,202 $ $ 908 15,603 (1,852) $ 14,350 The components of other comprehensive income and related tax effects for the three months ended March 31, 2003 and 2004 are as follows: Amounts reclassified into earnings Changes in faIr value of mterest rate swaps . Three months ended March 31. 2003 Gross Tax effect Net of tax $ 1,718 $ 636 $ 1,082 (225) (51) (174) $ 1,493 $ 585 $ 908 9 . Amounts reclassified into earnings Changes in faIr value of interest rate swaps Three months ended March 3 L 2004 Gross Tax effect Net of tax $ 477 $ 176 $ 301 (3,417) (1,264) (2,153) $ (2,940) $ (1,088) $ (1,852) The estimated net amount of the existing unrealized losses as of March 31, 2004 (based on the interest yield curve at that date) included in accumulated other comprehensive income (loss) expected to be reclassified into pre-tax earnings within the next 12 months is $2,420. The timing of actual amounts reclassified mto earnings is dependent on future movements in interest rates. 10. COMMITMENTS AND CONTINGENCIES The Company owns undeveloped property in Harper County, Kansas where it is seekmg permits to construct and operate a municipal solid waste landfill In 2002, th~ Company received a special use permit from Harper County for zoning the landfill and in 2003 It received a draft permit from the Kansas Department of Health and EnvIronment to construct and operate the landfill. In July 2003, the District Court of Harper County invalidated the previously Issued zomng permit. The Company has appealed the District Court's deciSIOn to invalidate the zoning permit. The Kansas Department of Health and EnVIronment has notified the Company that it will not issue a final permit to construct and operate the landfill until the zoning matter IS resolved. At March 31,2004, the Company had $4,100 of capItalized expenditures related to this landfill development project. Based on the advice of counsel, the Company beheves that it will preVail in this matter and does not beheve that an Impairment of the capitalized expendItures exists. If the Company does not prevail on appeal, however, it will be required to expense in a future . period the $4,100 of capitalized expenditures, less the recoverable value of the undeveloped property and other amounts recovered, whIch would hkely have a material adverse effect on ItS reported income for that period. The Company is pnmarily self-msured for automobile liabIhty, general liability and workers' compensation claims. The Company is a party to various claims and SUItS pending for alleged damages to persons and property and alleged liabIlities occurring during the normal operations of the solid waste management busmess. On October 31, 2003, the Company's subsidiary, Waste Connections of Nebraska, Inc., was named as a defendant m the case of Karen Colleran, Conservator of the Estate of Robert Rooney v. Waste Connections of Nebraska, Inc. The plaintIff seeks recovery for damages allegedly suffered by Father Robert Rooney when the bIcycle he was riding collided with one of the Company's garbage trucks. The complaint alleges that Father Rooney suffered serious bodIly injury, mcludmg traumatic brain mjury. The plaintiff seeks recovery of past medical expenses of approximately $430 and an unspecIfied amount for future medIcal expenses, home healthcare, past pain and suffering, future pam and suffering, lost mcome, loss of earnmg capaCIty, and permanent injury and disability. The Company's pnmary defense IS that the plaintiff IS not entitled to any damages under Nebraska law, where the accident occurred, because the negligence of Father Rooney was equal to or greater than any negligence on the part of the Company's dnver, and the Company intends to defend this case vigorously. This case IS m the preliminary stages of dIscovery and the Company has not accrued any potential loss as of March 31, 2004; however, an adverse outcome in thIS case coupled WIth a sIgmficant award to the plaintiff could have a material adverse effect on the Company's reported mcome in the period incurred. AddItIonally, the Company IS party to various legal proceedings in the ordmary course of business and as a result of the extensIve governmental regulation of the sohd waste mdustry. The Company's management does not beheve that these proceedmgs, either individually or in the aggregate, are hkely to have a material adverse effect on ItS busmess, financial condItIon, operating results or cash flows. . 10 . ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS FORWARD LOOKING STATEMENTS . CertaIn mformatIon contained In this Quarterly Report on Form lO-Q, includIng, without limItation, information appearing under thIS Part I, Item 2, includes statements that are forward-lookIng In nature. These statements can be identified by the use of forward-looking terminology such as "believes", "expects", "may", "will", "should" or "anticipates" or the negatIve thereof or comparable termInology, or by discussions of strategy. Our business and operations are subject to a vanety of nsks and uncertaIntIes and, consequently, actual results may differ matenally from those projected by any forward-looking statements In thIS Quarterly Report on Form 10-Q. Factors that could cause actual results to dIffer from those projected include, but are not limited to, the following: (l) difficulties In making acquisitions, acquIring exclusive contracts and generating internal growth may cause our growth to be slower than expected; (2) our growth and future financIal performance depend SIgnificantly on our ability to Integrate acquired businesses into our orgamzatIOn and operatIons; (3) our acquisitIOns may not be successful, resulting in changes in strategy, operatIng losses or a loss on sale of the bUSIness acquired, (4) we compete for acquisition candIdates WIth other purchasers, some of which have greater finanCIal resources than we do, and these other purchasers may be able to offer more favorable acquisition terms, thus lImIting our ability to grow through acquisition; (5) timing of acquisItions may cause fluctuations in our quarterly results, which may cause our stock price to decline; (6) rapid growth may strain our management, operatIOnal, financial and other resources; (7) we may be unable to compete effectively with governmental servIce prOVIders and larger and better capItalized companies, which may result in reduced revenues and lower profits; and (8) we may lose contracts through competitive biddIng, early termInation or governmental action, which would cause our revenues to declIne. These nsks and uncertainties, as well as others, are dIscussed in greater detail in our other filings with the SecuntIes and Exchange CommissIOn, including our most recent Annual Report on Form 1O-K. There may be addItIonal risks of which we are not presently aware or that we currently belIeve are immatenal which could have an adverse Impact on our business. We make no commItment to revise or update any forward-looking statements in order to reflect events or CIrcumstances after the date any such statement IS made. The following discussion should be read In conjunction with the unaudIted financial statements and notes thereto included elsewhere herein. OVERVIEW Waste ConnectIons, Inc. is an integrated solId waste servIces company that proVIdes solid waste collection, transfer, dIsposal and recyclIng services in mostly secondary markets in the Western and Southern U. S. As of March 31, 2004, we served more than one million commercIal, industrial and reSIdentIal customers from a network of operations In 23 states: Alabama, Arizona, CalIfornIa, Colorado, Georgia, IllinOIS, Iowa, Kansas, Kentucky, MInnesota, MissiSSIppi, Montana, Nebraska, New MeXICO, OhIO, Oklahoma, Oregon, South Dakota, Tennessee, Texas, Utah, Washington, and Wyoming. As of that date, we owned 103 collectIOn operations and operated or owned 33 transfer stations, operated or owned 33 SubtItle D landfills, owned two constructIon and demolItIOn landfills and operated or owned 26 recyclIng facilities. We also owned one Subtitle D landfill site that IS permItted for operation, but not constructed as of March 31,2004 CRITICAL ACCOUNTING ESTIMATES AND ASSUMPTIONS . The preparation of financial statements In conformity with generally accepted accounting principles requires estImates and assumptions that affect the reported amounts of assets and lIabIlIties, revenues and expenses, and related dIsclosures of contIngent assets and liabilities In the consolidated financial statements. As described by the Securities and Exchange Commission, critical accounting estImates and assumptions are those that may be material due to the levels of subjectivity and judgment necessary to account for higWy uncertaIn matters or the susceptibilIty of such matters to change, and that have a matenalImpact on the financial condition or operatIng performance of the company. There were no sIgmficant changes to our critical accounting estimates and assumptions in the three months ended March 31, 2004. Refer to our Annual Report on Form 10-K for a complete descnption of our critical accountIng estimates and assumptions. 11 GENERAL . Our revenues consist mainly of fees we charge customers for solid waste collection, transfer, disposal and recycling services. Our collection business also generates revenues from the sale of recyclable commodIties, which have significant vanability. A large part of our collection revenues comes from providing commercial, industnal and resIdential services. We frequently perform these services under service agreements, municIpal contracts or franchise agreements with govermnental entities. Our existing franchise agreements and all of our existing mumcipal contracts give us the exclusive nght to provide specIfied waste services in the specified tern tory during the contract term. These exclusIve arrangements are awarded, at least initially, on a competitive bid baSIS and subsequently on a bid or negotiated basis. We also provide residential collection services on a subscription basis with individual households. More than 50% of our revenues for the three months ended March 31, 2004 were derived from market areas where services are provIded predominantly under exclusive franchIse agreements, long- term municipal contracts and govermnental certificates. Govermnental certIficates grant us perpetual and excluslVe collection rights m the covered areas. Contracts with counties and municipalities and govermnental certificates provide relatively conSIstent cash flow during the terms of the contracts. Because we bill most reSIdential customers quarterly, subscnption agreements also provide a stable source of revenues for us. We charge transfer statIon and landfill customers a tIppmg fee on a per ton and/or per yard basis for disposing of their sohd waste at the transfer stations and landfill facllities. Many of our transfer and landfill customers have entered into one to ten year disposal contracts WIth us, most of WhICh proVIde for annual indexed pnce increases. We typIcally determine the prices of our solid waste services by the collection frequency and level of service, route density, volume, weIght and type of waste collected, type of eqUlpment and containers furnished, the distance to the dIsposal or processing facIhty, the cost of disposal or processing, and prices charged by competitors for similar services. The terms of our contracts sometImes limit our ability to pass on price increases. Long-term solid waste collection contracts often contain a formula, generally based on a pubhshed price index, that automatically adjusts . fees to cover mcreases in some, but not all, operatmg costs, or that limit mcreases to less than 100% of the mcrease m the apphcable pnce mdex. Cost of operations include labor and benefits, tipping fees paid to third-party disposal facilities, eqUlpment maintenance, workers' compensation, vehicle msurance, claims expense, third-party transportation expense, fuel, the cost of materials we purchase for recycling, district and state taxes and host commumty fees and royalties. Our smgle largest cost IS labor, followed by third-party dIsposal, cost of vehicle mamtenance, taxes and fees and fuel. We use a number of programs to reduce overall cost of operations, including increasing the use of automated routes to reduce labor and workers' compensatlOn exposure, comprehensive mamtenance and health and safety programs, and mcreasing the use of transfer statlOns to further enhance internahzation rates Our high-deductible msurance covers automobile liability, general liability, workers' compensation claims, automobile collislOn and employee group health claims. If we experience insurance claims or costs above or below our historically evaluated levels, our estimates could be materially affected. Selling, general and adrnimstratIve ("SG&A") expenses include management, sales force, clencal and admimstrative employee compensation and benefits, legal, accounting and other professional services, bad debt expense, and rent expense for our corporate headquarters. DepreciatlOn expense includes depreCiatIon of fixed assets over their estImated useful lives usmg the straIght-hne method. Depletion expense includes depletlOn of landfill SIte costs and total future development costs as remammg airspace of the landfill is consumed. Remammg airspace at our landfills includes both permitted and deemed permitted airspace. Amortization expense includes the amortIzation of definite-lived intangible assets, consisting primanly of long-term franchIse agreements and contracts, customer lists, and non-competitlOn agreements, over therr estimated useful hves using the straight-hne method. Goodwill and indefimte-lived intangIble assets, consisting primarily of certain perpetual rights to provide sohd waste collection and transportation services in speCIfied territories, are not amortized. At March 31, 2004, we had 287.3 mllhon tons of pennitted remaining airspace capacity and 83.3 million tons of deemed probable expansion airspace capacity at our 26 owned and operated landfills and landfills operated under . 12 . . . life-of-site operating contracts. We do not measure remaining airspace capacity at the nine landfills we operate under contracts wIth finite terms. Based on remammg permitted capacity as of March 31, 2004, and projected annual dIsposal volumes, the average remairung landfill hfe for our owned landfills and landfills operated under life- of-sIte operating contracts IS approxImately 47 years. The operatmg contracts for WhICh the contracted term IS not the hfe of the landfill have expiration dates from 2004 to 2013. The disposal tonnage that we received in the three months ended March 31, 2003 and 2004 at all of our landfills IS shown below (tons in thousands): March 31, 2003 Number of Total Sites Tons March 31, 2004 Number of Total SItes Tons Owned landfills or landfills operated under life-of-site contracts Operated landfills 1,251 223 1,474 26 9 35 1,494 228 1,722 23 7 30 We capltahze some third-party expendItures related to pending acquisitions or development projects, such as legal, engineenng and interest expenses. We expense indIrect acquisition costs, such as executive and corporate overhead, pubhc relations and other corporate servIces, as we mcur them. We charge against net income any unamortized capitalized expenditures and advances (net of any portlOn that we beheve we may recover, through sale or otherwise) that may become impaired, such as those that relate to any operation that is permanently shut down and any pending acquisition or landfill development project that we believe will not be completed. We routmely evaluate all capitalized costs, and expense those related to projects that we believe are not likely to succeed. At March 31, 2004, we had $0.3 m1l1ion in capltahzed expenditures relating to pending acquisitions. We own undeveloped property m Harper County, Kansas, where we are seekmg permIts to construct and operate a municipal solid waste landfill. In 2002, we received a special use permIt from Harper County for zomng the landfill and m 2003 we receIved a draft permit from the Kansas Department of Health and EnVIronment to construct and operate the landfill. In July 2003, the Distnct Court of Harper County mvahdated the prevlOusly issued zonmg permit. We have appealed the District Court's decision to invalidate the zomng permIt The Kansas Department of Health and Environment has notified us that it will not issue a final permit to construct and operate the landfill until the zoning matter is resolved. At March 31, 2004, we had $4.1 m1l1ion of capitahzed expenditures related to this landfill development project. Based on the adVIce of counsel, we believe that we will prevail m thIS matter and do not believe that an Impairment of the capitahzed expendItures exists. If we do not preVail on appeal, however, we w1l1 be required to expense in a future period the $4.1 million of capitalized expendItures, less the recoverable value of the undeveloped property and other amounts recovered, WhICh would likely have a material adverse effect on our reported income for that period. We pen odic ally evaluate acquired assets for potential Impairment indicators. If any Impairment mdicators are present, a test of recoverability is performed by companng the carrying value of the asset or asset group to its undlscounted expected future cash flows. If the carrymg values are m excess of undiscounted expected future cash flows, impairment IS measured by companng the fair value of the asset to ItS carrying value. If the fair value of an asset IS determined to be less than the carrying amount of the asset or asset group, an impairment in the amount of the difference IS recorded m the penod that the impairment mdlcator occurs. As of March 31, 2004, there have been no adjustments to the carrying amounts of mtanglbles, mcluding goodw1l1, resultmg from these evaluations. As of March 31,2004, goodw1l1 and other intangible assets represented 47.4% of total assets and 118.5% of stockholders' equity. NEW ACCOUNTING PRONOUNCEMENT For a description of the new accountmg standards that affect us, see Note 2 to our Condensed Consohdated Fmanclal Statements included under Item 1 of this Form 10-Q. 13 RESULTS OF OPERATIONS FOR THE THREE MONTHS ENDED MARCH 31, 2003 AND 2004 . The following table sets forth items in our consolIdated statements of income as a percentage of revenues for the periods llldicated. Revenues Cost of operations Selling, general and administrative expenses Depreciation and amortization expense Operating income Three months ended March 31. 2003 2004 100.0% 100.0% 55.9 57.0 10.0 10.4 8.3 9.0 25.8 23.6 (63) (4.6) 0.0 0.1 (1 8) (1.8) (6.5) (6.4) 0.2 11.4% 10.9% Interest expense, net Other income Minority interests Income tax expense Cumulative effect of change in accounting princIple Net income Revenues. Total revenues lllcreased $20.8 million, or 162%, to $149.3 million for the three months ended March 31,2004 from $128.5 million for the three months ended March 31, 2003. The increase in revenues III the three . months ended March 31, 2004, resulted primanly from the full-quarter inclusion of revenues from acquisitions closed durlllg the three months ended March 31, 2003, and the lllcluSIOn of revenues from acquisitIOns closed subsequent to March 31, 2003, which together totaled approximately $15.6 mIllion Of the remallling change III revenues, increases in recyclable commodIty prices increased revenues by $0.9 millIon, and pnce and volume changes in our existing business resulted in a net revenue increase of $4.3 mIllIon. The net increase III revenues from price and volume changes III our existlllg business consIsted of lllcreased pnces charged to our customers and increased volumes, partially offset by exiting the roll-off busllless at our Georgia operations and the loss of certain municipal contracts that expired subsequent to March 31, 2003, and were not renewed. Cost of Operations. Total cost of operatIOns increased $13.3 million, or 18.4%, to $85.1 million for the three months ended March 31,2004, from $71.8 million for the three months ended March 31,2003. The increase was primarily attributable to operatlllg costs associated with acquisItIons closed subsequent to March 31, 2003, increases in medical expenses for our self-insured employee health plans and increased expenses associated wIth higher collection volumes. Cost of operations as a percentage of revenues increased 1.1 percentage points to 57.0% for the three months ended March 31,2004 from 55.9% for the three months ended March 31,2003. The increase as a percentage of revenues was primarily attributable to companies acqurred subsequent to March 31, 2003 having operating margllls below our company average associated wIth a higher mIX of collectIOn volumes, higher labor and other operating costs, and increased medIcal expenses resulting from a higher volume of claims and an increase in the number of claims reaching our per claIm deductible limIts for our self-lllsured employee health plans. SG&A. SG&A expenses increased $2.7 million, or 21.1%, to $15.6 mIllIon for the three months ended March 31, 2004 from $12.9 mIllIon for the three months ended March 31, 2003. Our SG&A expenses for the three months ended March 31, 2004, increased from the prior year period as a result of additional personnel from acquisitions closed subsequent to March 31, 2003, increased accounting expenses related to new corporate governance . requirements, lllcreased management lllforrnation system expenses, increased employee bonus and stock 14 . compensation expense recognized in the three months ended March 31, 2004 and increased payroll tax expenses resulting from an mcrease in exerCises of stock options during the first three months of 2004 SG&A expenses as a percentage ofrevenues for the three months ended March 31, 2004, increased 0.4 percentage points to 10.4% from 10.0% for the three months ended March 31, 2003. The mcrease was primarily due to increased employee bonus and stock compensation expense recogmzed in the three months ended March 31, 2004 and increased payroll tax expense resulting from increased stock optiOn exercises in that quarter. Depreciation and Amortization. Depreciation and amortization expense increased $2.8 milhon, or 27.1%, to $13.4 milhon for the three months ended March 31, 2004, from $10 6 milhon for the three months ended March 31, 2003. The increase was pnmarily attributable to depreciation and depletion associated with acqUisitions closed subsequent to March 31, 2003, increased depreciatiOn expense resulting from new equipment acquired to support our base operatiOns, mcreased amortization expense associated with intangible assets acquired in acquisitions closed subsequent to March 31, 2003 and increased depletion expense resultmg from higher volumes at our landfill operatiOns. DepreCiation and amortization expense as a percentage of revenues mcreased 0.7 percentage points to 9.0% for the three months ended March 31, 2004, from 8.3% for the three months ended March 31,2003. The increase was the result of depreciatiOn expense associated with new equipment acquired subsequent to March 31, 2003, which replaced older equipment with lower depreciation costs, mcreased amortization expense associated with intangible assets acquired in acquisitions closed subsequent to March 31, 2003 and increased depletiOn expense resulting from higher volumes at our landfill operations. . Operatmg Income. Operatmg income increased $2.0 milhon, or 6.0%, to $35.2 million for the three months ended March 31, 2004, from $33.2 million for the three months ended March 31, 2003. The increase was pnmanly attributable to the growth in revenues partially offset by increased operating costs, recurring SG&A expenses to support the revenue growth, increases m employee bonus and stock compensation expense and increased depreCiation and amortizatiOn expenses. Operating income as a percentage of revenues decreased 2.2 percentage points to 23.6% for the three months ended March 31, 2004, from 258% for the three months ended March 31, 2003. The decrease was due to the aforementioned percentage of revenue increases in cost of operatiOns, SG&A expenses, and depreciation and amortization expenses. Interest Expense. Interest expense decreased $1 3 million, or 15.2%, to $6.8 million for the three months ended March 31, 2004, from $8.1 million for the three months ended March 31, 2003. The decrease was primarily attributable to the expiration of two interest rate swap agreements m late 2003 that reqUired fixed mterest payments in excess of our variable rate borrowing cost. Mmonty Interests. Minority mterests mcreased $0.3 milhon, or 15.3%, to $2.6 million for the three months ended March 31, 2004, from $2.3 million for the three months ended March 31, 2003. The mcrease m mmority interests was due to mcreased earmngs by our majority-owned subsidianes. Provision for Income Taxes. Income taxes increased $1.1 million, or 13.1%, to $9.6 million for the three months ended March 31,2004, from $85 million for the three months ended March 31,2003. This increase was due to mcreased pre-tax eammgs and an mcrease m our effective tax rate of 0.2 percentage pomts due to the recognition of non-tax deductible expenses in 2004. Cumulative Effect of Change in Accounting Pnnciple. Cumulative effect of change in accounting pnnciple for the three months ended March 31, 2003 consisted of a $0.3 milhon gain, net of tax effects, resultmg from our adoptiOn of SF AS No. 143 on January 1,2003. Our adoption of SF AS No. 143 reqUired us to record a cumulative change in accounting for landfill closure and post-closure obhgations retroactively to the date of the acquisition of each landfill. . Net Income. Net mcome increased $.1.5 million, or 10.3% to $16.2 million for the three months ended March 31, 2004, from $14.7 milhon for the three months ended March 31, 2003. The increase was pnman1y attnbutab1e to 15 mcreased operating income and decreased interest expense, partIally offset by increased minonty mterest expense . and Income tax expense. LIQUIDITY AND CAPITAL RESOURCES Our busIness IS capital intensIve. Our capital reqUirements mclude fleet and containers, facihties, and expendItures for landfill cell constructIon, landfill development and landfill closure activitIes in the future. We plan to meet our capital needs through vanous finanCIng sources, including internally generated funds, debt and eqUity financings. As of March 31, 2004, we had a working capital deficit of $22.5 llllllion, including cash and eqUivalents of $4.9 million. Our strategy in managmg our working capItal is generally to apply the cash generated from our operations that remaInS after satisfying our working capital and capital expenditure requirements to reduce our indebtedness under our credit facIlity and to mmImIze our cash balances. In October 2003, we entered into a new credit facIhty to increase the maXImum borrowings avaIlable to us to $575 mIllion. This new credit facIlity consisted of a $400 mIllion semor secured revolving credit facihty with a syndicate of banks for WhICh Fleet NatIOnal Bank acts as agent and a $175 million senior secured term loan. In March 2004, we refinanced the semor secured term loan portion of our credit facIhty in order to reduce the effective borrowing cost. The applicable margin on the senior secured term loan was reduced by 25 basis points; all other terms remained consistent. In additIon, we increased the amount outstandIng under the senior secured term loan from $175 mIllion to $200 mIllion, resulting in an increase In the size of the facIhty to $600 mIllion. The senior secured revolving credit facIlity matures in October 2008. The senior secured term loan requires annual principal payments equal to 1 % of the initial term loan amount with all remaIning outstanding amounts due October 2010. Under the new credit facility, there is no maximum amount of stand-by letters of credit that can be issued; however, the issuance of stand-by letters of credit reduces the amount of total borrowings available. We are able to increase the maximum borrOWIngs under the new credit faCIlity to $675 million, although no existIng lender will have any obligatIOn to increase ItS commitment, provided that no event of default, defined in the new credit facIhty, has . occurred. The borrowings under the new credit facihty bear interest at a rate per annum equal to, at our discretion, either the Fleet National Bank Base Rate plus applicable margin, or the LIBOR rate plus applicable margin. The applicable margin under the revolving credit facIlity vanes depending on our leverage ratio. At March 31, 2004, the applicable margin on the term loan is 25 basIs points in the case of loans based on the Base Rate and 175 basis pOInts in the case of loans based on the LIBOR rate. Virtually all of our assets, Including our interest in the eqUity securities of our subsidiaries, secure our obhgatIOns under the new credit facility. The new credit facility places certain business, financial and operatIng restrictions on us relating to, among other things, additional Indebtedness, Investments, acquisitions, asset sales, mergers, dividends, distributIOns, and repurchases and redemption of capital stock. The new credit facility also requires that we maintaIn specified financial ratios and balances. As of March 31, 2004, we were in compliance with all applicable covenants in our outstanding credit facility The credIt facihty also requires the lenders' approval of acquisitions in certain circumstances. We use the credIt facility for acquisItions, capItal expenditures, workIng capital, standby letters of credit and general corporate purposes. The $21.5 million decrease in outstanding borrowings under our credit facihty In 2004 was primarily due to cash generated from operations and the proceeds from stock option exercises partially offset by funding new acquisitions and capItal expendItures. If we are unable to incur additIOnal indebtedness under our credit facility or obtain additional capItal through future debt or equity fmancings, our rate of growth through acquisItIons may declIne. In March 2004, we entered into two additional three-year interest rate swap agreements. Each mterest rate swap agreement has a notIonal amount of$37.5 llllllion and effectively fixed the Interest rate on the notional amount at an interest rate of2.25%, plus applicable margIn. . 16 . As of March 31,2004, we had the following contractual obligatIons (in thousands). Payments Due by Penod Less Than Recorded Obligations Total 1 Year 1 to 3 Years 4 to 5 Years Over 5 Years Long-term debt (1) $ 590,444 $ 9,674 $ 166,046 $ 21,857 $ 392,867 Total contractual cash obligatIOns $ 590,444 $ 9,674 $ 166,046 $ 21,857 $ 392,867 (I) Long-term debt payments mclude $65 mIlhon m pnnclpal payments due 2008 related to our sernor secured revolvmg credit faclhty and $200 mIlhon m pnnclpal payments due 2010 related to our senIOr secured term loan, both under our credit faclhty As of March 31, 2004, our credit faclhty allowed us to borrow up to $600 mIlhon On Apn115, 2004, we completed the redemptIOn of our $150 mIlhon aggregate pnnclpal amount, 5 5% Convertible Subordmated Notes due 2006 Holders of the notes chose to convert a total of$123 61mlhon pnncipal amount of the notes mto conunon stock. The balance of $26 4 Imlhon pnnclpal amount of the notes were redeemed by proceeds from our credit faclhty at a redemptIOn price of $1 ,022 per $1,000 pnnclpal amount of the notes Amount of Commitment Expiration Per Period Less Than Unrecorded ObhgatIOns Total 1 Year 1 to 3 Years 4 to 5 Years Over 5 Years Operatmg leases (2) $ 27,061 $ 3,985 $ 6,272 $ 4,613 $ 12,191 UncondItIonal purchase obligatIOns(2) 18,049 7,248 10,801 Total commercial commItments $ 45,110 $ 11,233 $ 17,073 $ 4,613 $ 12,191 . (2) We are patty to operatmg lease agreements and unconditIOnal purchase obhgatlons These lease agreements and purchase obhgatlOns are estabhshed m the ordmary course of our busmess and are deSigned to provide us With access to faclhtles and products at competitive, market-dnven pnces These arrangements have not matenally affected our financIal pOSitIOn, results of operations or hqUldlty durmg the three months ended March 31, 2004 nor are they expected to have a matenallmpact on our future financIal pOSItion, results of operations or hqUldlty We are party to stand-by letters of credit and financial surety bonds. These stand-by letters of credit and financial surety bonds are generally established to support our financIal assurance needs and landfill operations. These arrangements have not matenally affected our financIal posItion, results of operatIOns or hqUldity dunng the three months ended March 31, 2004, nor are they expected to have a matenal impact on our future financial pOSItIon, results of operations or liqUldity. The minority mterest holders of one of our majonty-owned subsidIanes have a currently exercIsable option (the "put option") to reqUlre us to complete the acqulSltIOn of thIS majority-owned subsidiary by purchasing their minority ownership mterests for fair market value. The put option calculates the fair market value of the subsidIary based on its current operating income before deprecIation and amortization, as defined m the put optIon agreement. The put optIOn does not have a stated termination date. At March 31,2004, the minority interest holders' pro rata share of the subsidiary's fair market value IS estImated to be worth between $67 mtlhon and $80 million. Because the put optIOn is reqUlred at faIr market value, no amounts have been accrued relative to the put optIOn. For the three months ended March 31, 2004, net cash proVIded by operatmg activities was $47.9 mIllion. Of this amount, $9.3 million was provided by working capItal for the penod. The pnmary components of the reconcihatIon of net income to net cash provided by operations for the three months ended March 31, 2004, consist of non-cash expenses includmg $13.4 million of depreciation and amortIzation, $26 million of mmonty interest expense, $0.6 million of debt Issuance cost amortization, and the deferral of $5.5 milhon of mcome tax expense resulting from temporary dIfferences between the recognition of income and expenses for financIal reporting and income tax purposes. . For the three months ended March 31, 2004, net cash used in investmg actIvities was $20.2 million. Of tills amount, $6.1 mtllion was used to fund the cash portIOn of acquisitIons and to pay a portIOn of acquisition costs that were included as a component of accrued liabilities at December 31, 2003 Cash used for capital expendItures was $15.6 million, which was pnmarily for investments in fixed assets, conslstmg of trucks, containers, other equipment and 17 landfill development. Cash provIded by investing activities Included $1.3 million of net borrowIngs of restricted cash. . For the three months ended March 31,2004, net cash used in financing activities was $28.1 mIllion, which included $10.6 million of proceeds from stock optIOn and warrant exercises, less $35.5 mIllion of net payments under our various debt arrangements, $2.9 mIllIon of cash distributions to minority interest holders and $0.2 millIon of debt issuance costs, primarily related to our amended credit faCIlIty. We made approximately $15.6 millIon in capital expenditures for property and equipment dunng the three months ended March 31, 2004. We expect to make capital expendItures of approximately $70 0 million in 2004 in connection with our existing business. We intend to fund our planned 2004 capItal expenditures principally through eXIsting cash, internally generated funds, and borrowings under our existing credit facility. In addition, we may make substantial additIOnal capital expenditures In acqUIring solid waste collection and disposal businesses. If we acquire addItional landfill disposal facilities, we may also have to make significant expenditures to bring them into compliance with applicable regulatory requirements, obtain permits or expand our available disposal capacity. We cannot currently determine the amount of these expenditures because they will depend on the number, nature, condition and permitted status of any acqUIred landfill disposal facIlitIes. We believe that our credit facility and the funds we expect to generate from operations will provide adequate cash to fund our workIng capital and other cash needs for the foreseeable future. From time to tIme we evaluate our eXIsting operatIOns and their strategic Importance to us. If we detennine that a given operating unit does not have future strategic importance, we may sell or otherwise dispose of those operations. Although we believe our operatIOns would not be Impaired by such dIspositions, we could incur losses as a result. SEASONALITY Based on historic trends experienced by the businesses we have acquired, we expect our operating results to vary seasonally, WIth revenues typically lowest in the first quarter, higher in the second and thIrd quarters and lower in . the fourth quarter than In the second and thIrd quarters. We expect the fluctuatIOn In our revenues between our hIghest and lowest quarters to be approximately 10% to 12%. This seasonality reflects the lower volume of solid waste generated during the late fall, winter and early spring months because of decreased construction and demolItIOn activities dunng the winter months In the U.S. In additIOn, some of our operating costs may be higher in the winter months. Adverse winter weather conditions slow waste collection activities, resultIng in higher labor and operational costs. Greater precIpitation in the WInter Increases the weight of collected waste, resultIng in higher disposal costs, which are calculated on a per ton baSIS. ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK In the normal course of business, we are exposed to market nsk, IncludIng changes in Interest rates and certaIn commodity prices. We use hedge agreements to manage a portion of our nsks related to interest rates. While we are exposed to credit risk in the event of non-performance by counterparties to our hedge agreements, in all cases such counterparties are highly rated financIal instItutIOns and we do not anticipate non-performance. We do not hold or issue derivatIve financIal Instruments for trading purposes. We monitor our hedge pOSItIons by regularly evaluating the positions at market and by performing sensitivity analyses. In May 2003, we entered into two forward-startIng Interest rate swap agreements. Each interest rate swap agreement has a notional amount of $87.5 million and effectively fixed the Interest rate on the notIonal amount at interest rates ranging from 2.67% to 268%, plus applicable margIn. The effective date of the swap agreements was February 2004 and each swap agreement expIres in February 2007. In March 2004, we entered into two addItional three-year Interest rate swap agreements. Each interest rate swap agreement has a notional amount of$37.5 million and effectively fixed the Interest rate on the notional amount at an interest rate of2.25%, plus applicable margin. . 18 . . . We have performed sensitivity analyses to determine how market rate changes wIll affect the fair value of our market nsk sensitIve hedge positIOns and all other debt. Such an analysis is inherently limited in that it reflects a singular, hypothetIcal set of assumptions. Actual market movements may vary sIglllficantly from our assumptions. FaIr value sensitIVIty IS not necessanly mdicatIve of the ultImate cash flow or earnings effect we would recoglllze from the assumed market rate movements. We are exposed to cash flow nsk due to changes in mterest rates WIth respect to the net floatmg rate balances owed at March 31,2003 and 2004, of $250.7 mIlhon and $167.9 mIllion, respectively, mcluding floatmg rate debt under our credit facIhty, our 2022 Notes, vanous floatmg rate notes payable to thIrd parties and floating rate municipal bond obligations, offset by our debt effectIvely fixed under mterest rate swap agreements. A one percentage point increase in interest rates on our variable-rate debt as of March 31, 2003 and 2004, would decrease our annual pre-tax income by approximately $2.5 million and $1.7 million, respectively. All of our remaming debt instruments are at fixed rates, or effectively fixed under the interest rate swap agreements described above; therefore, changes in market interest rates under these instruments would not siglllficantly impact our cash flows or results of operations. We market a variety of recyclable materials, including cardboard, office paper, plastic contamers, glass bottles and ferrous and aluminum metals. We own and operate 26 recycling processmg facilitIes and sell other collected recyclable materials to third parties for processing before resale. We often share the profits from our resale of recycled materials with other parties to our recycling contracts. For example, certain of our muniCIpal recychng contracts m Washington, negotiated before we acqUIred those businesses, speCIfy benchmark resale prices for recycled commodities. If the prices we actually receive for the processed recycled commodItIes collected under the contract exceed the pnces speCIfied in the contract, we share the excess with the municipality, after recovering any prevIOUS shortfalls resulting from actual market prices falling below the prices speCIfied in the contract. To reduce our exposure to commodity price risk with respect to recycled materials, we have adopted a pricing strategy of chargmg collection and processing fees for recycling volume collected from thIrd partIes. Although there can be no assurance of market recoveries, in the event of a decline, because of the proVIsions wIthm certam of our contracts that pass commodity risk along to the customers, we believe, given historical trends and fluctuations in the recycling commoditIes market, that a 10% decrease m average recycled commodIty pnces from the pnces that were m effect at March 31, 2004 would not materially affect our cash flows or pre-tax income ITEM 4. CONTROLS AND PROCEDURES Our management, includmg our ChIef Executive Officer and ChIef FmancIal Officer, evaluated the effectiveness of the deSIgn and operatIon of our dIsclosure controls and procedures, as defined m Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934, as of March 31, 2004. Based on that evaluation, the Chief Executive Officer and ChIef Fmancial Officer concluded that our dIsclosure controls and procedures were effective, in all matenal respects, to ensure that information required to be disclosed in the reports we file or submIt under the Exchange Act is recorded, processed, summarized and reported as and when required. Dunng the quarter ended March 31, 2004, there were no significant changes m our mtemal controls or mother factors that could significantly affect these controls subsequent to the date they were evaluated m connection with the preparatIon of this quarterly report on Form 10-Q. 19 PARTII- OTHER INFORMATION . ITEM 1. LEGAL PROCEEDINGS We own undeveloped property m Harper County, Kansas, where we are seekIng pernuts to construct and operate a municipal sohd waste landfill. In 2002, we received a special use permIt from Harper County for zoning the landfill and in 2003 we received a draft permit from the Kansas Department of Health and Environment to construct and operate the landfill. In July 2003, the District Court of Harper County invalidated the previously issued zoning permIt. We have appealed the Distnct Court's decision to mvalidate the zoning permIt. The Kansas Department of Health and EnvIronment has notified us that It will not issue a final permit to construct and operate the landfill until the zoning matter is resolved. At March 31, 2004, we had $4.1 million of capitalized expenditures related to this landfill development project. Based on the advIce of counsel, we believe that we will prevail in this matter and do not believe that an Impalfffient of the capitalized expenditures exists. If we do not prevail on appeal, however, we will be reqUIred to expense in a future period the $4.1 million of capitalized expenditures, less the recoverable value of the undeveloped property and other amounts recovered, WhICh would likely have a matenal adverse effect on our reported mcome for that penod We are primanly self-insured for automobile liability, general liability and workers' compensation claims. We are a party to vanous claims and SUItS pending for alleged damages to persons and property and alleged liabihties occurnng during the normal operations of our sohd waste management busmess. On October 31, 2003, our SUbSIdiary, Waste Connections of Nebraska, Inc. was named as a defendant m the case of Karen Colleran, Conservator of the Estate of Robert Rooney v. Waste Connections of Nebraska, Inc. The plaintiff seeks recovery for damages allegedly suffered by Father Robert Rooney when the bicycle he was ridmg collided with one of our garbage trucks. The complaint alleges that Father Rooney suffered senous bodIly mjury, including traumatic bram injury. The plaintIff seeks recovery of past medical expenses of approximately $430,000 and an unspecified amount for future medical expenses and home healthcare, past pain and suffenng, future pain and suffering, lost mcome, loss of earning capaCIty, and permanent injury and disablhty. Our primary defense IS that the plaintiff is not entitled to any damages under Nebraska law, where the accident occurred, because the neghgence of Father Rooney was equal to or greater than any negligence on the part of our driver, and we intend to defend this case vigorously on these and other grounds. This case is m the prehminary stages of dIscovery, and we have not accrued any potentIal loss as of March 31, 2004; however, an adverse outcome in this case coupled with a sigmficant award to the plamtiff could have a material adverse effect on our reported income in the period incurred. . Additionally, we are a party to vanous legal proceedings resulting from the ordinary course of business and the extenSIve governmental regulatIOn of the solid waste mdustry. Our management does not believe that these proceedings, either individually or in the aggregate, are likely to have a material adverse effect on our business, finanCial condItion, operating results or cash flows. ITEM 6 EXHffilTS AND REPORTS ON FORM 8-K (a) Exhibits: Exhibit Number Descrintion of Exhibits 3.1 (a) Amended and Restated Certificate of Incorporation of the Registrant, in effect as of the date hereof Amended and Restated By-Laws of the Registrant, m effect as of the date hereof Form of Common Stock CertIficate Form of Note for the Registrant's 5.5% Convertible Subordmated Notes due April 15, 2006 3.2 (a) 4.1 (a) 4.2 (h) 4.3 (h) (+) Indenture between the Registrant, as Issuer, and State Street Bank and Trust Company, as Trustee, dated as of April 4, 2001 . 20 4.4 (h) (+) . Exhibit Number Descriotion of Exhibits First Amended and Restated Employment Agreement between the RegIstrant and Ronald J. Mittelstaedt, dated as oOune 1,2000 Second Amended Employment Agreement between the Registrant and Darrell Chambhss, dated as of June 1, 2000 108 (e) Second Amended Employment Agreement between the RegIstrant and Michael Foos, dated as of June 1, 2000 4.5 (h) (+) 4.6 (i) 4.7 (i) (+) 48 (i)(+) 4.9 (i) (+) 10.1 (d) 10.2 (a) 10.3 (a) 10.4 (a) 10.5 (c) 10.6 (f) . 10.7 (e) Purchase Agreement between the Registrant and Memll Lynch, PIerce, Fenner & Smith Incorporated, dated March 30,2001 Registration Rights Agreement between the RegIstrant and Merrill Lynch, Pierce, Fenner & SmIth Incorporated, dated as of Apn14, 2001 Form of Note for the RegIstrant's Floating Rate ConvertIble Subordmated Notes Due 2022 Indenture between the RegIstrant, as Issuer, and State Street Bank and Trust Company of California, N.A., as Trustee, dated as of April 30, 2002 Purchase Agreement between the Registrant and Deutsche Bank SecuntIes Inc., dated April 26,2002 RegistratlOn Rights Agreement between the RegIstrant and Deutsche Bank Securities Inc., dated as of April 30, 2002 Second Amended and Restated 1997 Stock OptIon Plan Form of Option Agreement Form of Warrant Agreement Form of Stock Purchase Agreement dated as of September 30, 1997 Form of Third Amended and Restated Investors' Rights Agreement, dated as of December 31,1998 10.9 (a) Employment Agreement between the Registrant and Steven Bouck, dated as of February 1,1998 10.10 (a) Employment Agreement between the RegIstrant and Eugene V. Dupreau, dated as of February 23, 1998 10.11 (a) Form ofIndernnification Agreement entered into by the RegIstrant and each of its dIrectors and officers 1012 (b) (+) Loan Agreement, dated as oOune 1, 1998, between Madera DIsposal Systems, Inc. and the Cahfomm Pollution Control Fmancing Authority 10.13 (b) Employment Agreement between the Registrant and David M. Hall, dated as of July 8, 1998 10.14 (g) Employment Agreement between the Registrant and James M. Little, dated as of September 13, 1999 10.15 (g) Employment Agreement between the RegIstrant and Jerri L. Hunt, dated as of October 25, 1999 10.16 (J) Employment Agreement between the Registrant and Kenneth 0 Rose, dated as of May 1, 2002 10.17 (j) . 10.18 (k) Employment Agreement between the Registrant and Robert D. Evans, dated as of May 10, 2002 2002 Semor Management Equity Incentive Plan 21 Exhibit Number Descriotion of Exhibits . 10.19 (k) 10.20 (1) 10.21 (m) 10.22 (n) 10.23 (n) 10.24 (0) 10.25 (P) 10.26 31.1 31.2 32 (a) (b) 2002 Stock OptlOn Plan 2002 Restncted Stock Plan Consultant Incentive Plan Employment Agreement between the Registrant and David G. Eddie, dated as of May 15, 2001 Employment Agreement between the Registrant and Worthmg F. Jackman, dated as of April 11,2003 Amended and Restated Revolvmg Credit and Term Loan Agreement dated as of October 22, 2003 Refinancing FacIltty Amendment to Amended and Restated Revolving Credit and Term Loan Agreement dated as of March 2,2004 Second Amended and Restated Employment Agreement between the Registrant and Ronald J. MIttelstaedt, dated March 1,2004 CertificatlOn of President and Chief Executlve Officer CertificatlOn of Chief FinancIal Officer Certificate of Chief Executive Officer and Chief Financial Officer Incorporated by reference to the exhibIts filed WIth the RegIstrant's RegistratIon Statement on Form S-l, RegIstratIon No. 333-48029. Incorporated by reference to the exhibIts filed WIth the Registrant's RegIstration Statement on Form S-4, RegIstration No. 333-59199. . (c) Incorporated by reference to the exhibits filed with the Registrant's RegIstratIon Statement on Form S-4, Registration No. 333-65615. (d) Incorporated by reference to the exhIbit filed WIth the RegIstrant's Form S-8, Registration No. 333-42096. (e) Incorporated by reference to the exhibit filed with the Registrant's Form lO-Q filed on November 14,2000. (f) Incorporated by reference to the exhibit filed with the Registrant's Form 10-Q filed on August 7, 2000. (g) Incorporated by reference to the exhibIt filed with the Registrant's Form lO-K filed on March 13, 2000. (h) Incorporated by reference to the exhibit filed with the Registrant's Form S-3 filed on June 5, 2001. (i) Incorporated by reference to the exhibit filed with the Registrant's Form S-3 filed on July 29, 2002. (j) Incorporated by reference to the exhibit filed with the Registrant's Form 10-Q filed on August 13, 2002. (k) . Incorporated by reference to the exhibit filed with the Registrant's Form S-8 filed on February 21,2002. 22 . . . . .. (1) Incorporated by reference to the exhIbit filed wIth the RegIstrant's Form S-8 filed on June 19, 2002. (m) Incorporated by reference to the exhibit filed with the Registrant's Form S-8 filed on January 8, 2003. (n) Incorporated by reference to the exhibIt filed wIth the Registrant's Form 10-Q filed on August 13,2003. (0) Incorporated by reference to the exhIbit filed with the RegIstrant's Form 8-K filed on October 23, 2003. (p) Incorporated by reference to the exhIbit filed with the Registrant's Form 10-K filed on March 12, 2004. (+) Filed without exhIbits and schedules (to be provided supplementally on request of the CommIssIOn). (b) Reports on Form 8-K: On February 19, 2004, we filed a report on Form 8-K announcing the results of our earnings for the fourth quarter of2003. On April 15, 2004, we filed a report on Form 8-K announcing the completion of the redemption of our $150 million aggregate principal amount, 5.5% Convertible Subordmated Notes due 2006. 23 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authonzed. Date: Apnl 22, 2004 Date: April 22, 2004 24 WASTE CONNECTIONS, INC. BY: Isl Ronald 1. Mittelstaedt Ronald J. Mittelstaedt, President and Chief ExecutIve Officer BY: Isl Steven F. Bouck Steven F. Bouck, Executive Vice President and Chief Financial Officer . . . . . . UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) 0' QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended June 30, 2004 or o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 0-23981 WASTE CONNECTIONS, INC. (Exact name of registrant as specified in its charter) Delaware (State or other jurisdzctlOn of zncorporatlOn or organzzatlOn) 94-3283464 (IR S Employer IdentificatIOn No.) 35 Iron Point Circle, Suite 200, Folsom, CA 95630 (Address of principal executive offices) (916) 608-8200 (Regzstrant's telephone number, zncludzng area code) IndIcate by check mark whether the registrant (1) has filed all reports reqUIred to be filed by SectIOn 13 or l5( d) of the Secunttes Exchange Act of 1934 during the preceding 12 months (or for such shorter penod that the regIstrant was reqUIred to file such reports), and (2) has been subject to such filtng reqUIrements for the past 90 days. Yes [X] No [ ] Indicate by check mark whether the regIstrant IS an accelerated filer (as defined m Rule l2b-2 of the Exchange Act). Yes [X] No [ ] Indicate the number of shares outstanding of each of the Issuer's classes of common stock: As of July 15, 2004: 47,993,677 shares of common stock P ART I - FINANCIAL INFORMATION Item 1. Financial Statements . Condensed Consolidated Balance Sheets - December 31, 2003 and June 30, 2004 Condensed Consohdated Statements ofIncome for the three and SIX months ended June 30, 2003 and 2004 Condensed Consolidated Statement of Stockholders' Equity and ComprehensIve Income for the six months ended June 30, 2004 Condensed Consolidated Statements of Cash Flows for the SIX months ended June 30, 2003 and 2004 Notes to Condensed Consolidated Fmancial Statements Item 2. Management's DIscussion and AnalysIs of Financial Condition and Results of Operations Item 3. QuantItative and Qualitative Disclosures About Market Risk Item 4. Controls and Procedures PART II - OTHER INFORMATION Item 1. Legal Proceedmgs Item 2. Changes in Secunties, Use of Proceeds and Issuer Purchases of Equity Secuntles . Item 4. SubmiSSIOn of Matters to a Vote of Security Holders Item 5 Other Information Item 6. ExhibIts and Reports on Form 8-K SIgnatures . . P ART I - FINANCIAL INFORMATION Item 1. Fmancial Statements WASTE CONNECTIONS, INC. CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (In thousands, except share and per share amounts) December 31, June 30, ASSETS 2003 2004 Current assets: Cash and eqUlvalents $ 5,276 $ 5,569 Accounts receivable, less allowance for doubtful accounts of$2,570 and $2,267 at December 31,2003 and June 30, 2004, respectively 72,474 75,965 Prepaid expenses and other current assets 11,270 10,590 Total current assets 89,020 92,124 Property and equipment, net 613,225 629,127 GoodwIll, net 590,054 603,141 Intanglble assets, net 64,784 69,008 Restricted cash 17,734 13 ,994 Other assets, net 21,135 21,037 $ 1,395,952 $ 1,428,431 LIABILITIES AND STOCKHOLDERS' EQUITY . Current liabilities: Accounts payable $ 38,682 $ 40,499 Accrued habIlltles 31,920 31,563 Deferred revenue 23,738 25,560 Current portlon oflong-term debt and notes payable 9,740 8,624 Total current hablhtles 104,080 106,246 Long-term debt and notes payable 601,891 467,425 Other long-term liabilities 8,400 8,003 Deferred income taxes 120,162 130,200 Total liabilities 834,533 711,874 Commltments and contingencies Mmonty interests 23,925 23,682 Stockholders' eqUlty: Common stock: $0.01 par value; 50,000,000 and 100,000,000 shares authonzed at December 31, 2003 and June 30, 2004, respectlvely; 43,000,182 and 47,978,277 shares issued and outstanding at December 31,2003 and June 30, 2004, respectlvely 430 480 AddltlOnal paid-in capital 348,003 467,024 Deferred stock compensation (436 ) (2,176 ) Retamed earnings 189,094 224,467 Accumulated other comprehensive income 403 3,080 . Total stockholders' eqUlty 537,494 692,875 $ 1,395,952 $ 1,428,431 See accompanymg notes. WASTE CONNECTIONS, INC. . CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) (In thousands, except share and per share amounts) Three months ended Six months ended June 30. June 30. 2003 2004 2003 2004 Revenues $ 138,883 $ 160,561 $ 267,337 $ 309,820 Operating expenses: Cost of operations 77,427 90,889 149,248 175,952 Selling, general and administratIve 13,179 15,445 26,060 31,040 Depreciation and amortization 11,282 13,851 21,862 27,295 Operating income 36,995 40,376 70,167 75,533 Interest expense (7,786) (5,174) (15,836) (11,998) Other expense (205) (1,572) (167) (1,496) Income before income tax provlsion and minority interests 29,004 33,630 54,164 62,039 Minority mterests (2,593) (3,054) (4,875) (5,685) Income before income tax provislOn 26,411 30,576 49,289 56,354 Income tax provision (9,772) (11,405) (18,237) (20,981) Income before cumulative effect of change in accounting principle 16,639 19,171 31,052 35,373 Cumulative effect of change in accountmg . pnnciple, net of tax expense of $166 282 Net mcome $ 16,639 $ 19,171 $ 31,334 $ 35,373 Basic earnmgs per common share: Income before cumulatIve effect of change in accountmg principle $ 0.39 $ 0.40 $ 0.73 $ 0.78 CumulatIve effect of change in accounting principle 0.01 Net mcome per common share $ 0.39 $ 0.40 $ 0.74 $ 0.78 Dlluted earnings per common share: Income before cumulative effect of change in accounting $ 0.37 $ 0.39 $ 0.69 $ 0.75 Cumulative effect of change m accounting princlple 001 Net income per common share $ 0.37 $ 0.39 $ 0.70 $ 0.75 Shares used m the per share calculations BaS1C 42,397,502 47,425,227 42,260,726 45,233,354 Diluted 49,199,573 49,443,469 49,093,940 49,692,267 See accompanying notes. . 2 . WASTE CONNECTIONS, INC CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY AND COMPREHENSIVE INCOME SIX Months Ended June 30, 2004 (IN THOUSANDS, EXCEPT SHARE AMOUNTS) 3alances at December 31, 2003 ssuance of common stock warrants to consultants ~onverslOn of2006 Notes, net of Issuance costs of $1,729 / estmg of restncted stock ~ancellatlOn of un vested restncted stock ssuance of unvested restncted stock \mortlzatlOn of defel1'ed stock compensatJon :xercIse of stock optJons and warrants, mcludmg tax benefit of$3,419 ~epurchase of common stock ~et Income ~hanges In faIr value of mterest rate swaps, net of $1 ,572 of tax ~o.enslve Income 3alances at June 30, 2004 . COMPREHENSIVE INCOME STOCKHOLDERS' EQUITY COMMON STOCK SHARES AMOUNT 43,000,182 $ 430 4,876,968 49 7,394 ACCUMULATED OTHER COMPREHENSIVE INCOME ADDITIONAL PAID-IN CAPITAL $ 348,003 $ 172 121,870 (143) 2,242 3 403 DEFERRED STOCK RETAINED COMPENSATION EARNINGS TOTAL $ (436 ) $ 189,094 $ 537,494 1,123,870 II 22,780 (1,030,137 ) (10 ) (27,900) $ 35,373 2,677 $ 38,050 47,978,277 $ 480 $ 467,024 $ See accompanymg notes 172 121,919 49 (94) (2,242 ) 453 453 22,791 (27,910) 35,373 35,373 2,677 2,677 3,080 $ (2,176 ) $ 224,467 $ 692,875 WASTE CONNECTIONS, INC. . CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (Dollars in thousands) SlX months ended June 30. 2003 2004 Cash flows from operating activities: Net income $ 31,334 $ 35,373 Adjustments to reconcile net income to net cash provIded by operating actIvIties: Loss (gain) on disposal of assets 219 (92) Depreciation 21,198 26,054 Amortization of mtangibles 664 1,241 Deferred income taxes 9,118 9,896 Minority interests 4,875 5,685 Cumulative effect of change in accounting pnnciple (448) AmortizatIOn of debt issuance costs 1,182 1,388 Stock-based compensatIOn 55 453 Interest mcome on restricted cash ( 189) (153) Closure and post-closure accretion 214 205 Net change in operating assets and liabIhties, net of acqUlsItIons 5,512 4,098 Net cash provided by operating actIvIties 73,734 84,148 Cash flows from investing activities: . Payments for acquisitions, net of cash acquired (21,074) (12,373) CapItal expendItures for property and equipment (30,772) (33,895) Proceeds from disposal of assets 526 752 Net change m other assets (1,719) 3,949 Net cash used in investing activities (53,039) (41,567) Cash flows from financing activities: Proceeds from long-term debt 27,000 107,500 Principal payments on notes payable and long-term debt (48,153) (134,960) Distributions to minonty mterest holders (4,606) (5,929) Proceeds from option and warrant exercises 7,050 19,278 Payments for repurchase of common stock (27,910) Debt issuance costs (53) (267) Net cash used in financmg actIvitIes (18,762) (42,288) Net lllcrease m cash and equivalents 1,933 293 Cash and equivalents at begmmng ofpenod 4,067 5,276 Cash and equivalents at end of period $ 6,000 $ 5,569 Non-cash financing act1VIty: LiabIhties assumed and notes payable issued to sellers of businesses acqUlred $ 1,294 $ 15,619 See accompanying notes. . 4 . . . WASTE CONNECTIONS, INC. NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Unaudited) (In thousands, except share, per share and per ton amounts) 1. BASIS OF PRESENTATION AND SUMMARY The accompanying condensed consolidated financlal statements relate to Waste ConnectlOns, Inc. and ItS Subsldlanes (the "Company") as of June 30,2004 and for the three and six month penods ended June 30, 2003 and 2004. The consohdated financial statements of the Company include the accounts of Waste Connections, Inc. and ItS wholly-owned and majority-owned subsidiaries. All sigmficant intercompany transactions and balances have been elimmated m consolidation. The accompanying unaudited condensed consolidated financlal statements have been prepared m accordance with accounting principles generally accepted in the United States for interim financlal information and wlth the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the mformation and footnotes required by accountmg principles generally accepted III the United States for complete financial statements. Operatmg results for the three and six month periods ended June 30, 2004 are not necessanly indicative of the results that may be expected for the year ending December 31, 2004. The Company's consolidated balance sheet as of June 30, 2004, the consolidated statements of income for the three and SlX months ended June 30, 2003 and 2004, and the consolidated statements of cash flows for the SlX months ended June 30, 2003 and 2004 are unaudited. In the opinion of management, such financial statements include all adjustments, consisting only of normal recurring adjustments, necessary for a fair presentation of the Company's financial position, results of operatlOns, and cash flows for the periods presented. The consolidated financlal statements presented herem should be read in conjunction wlth the Company's 2003 annual report on Form 1O-K. In prepanng the Company's financial statements, several estimates and assumptions are made that affect the accountmg for and recognition of assets, liabilities, revenues and expenses. These estimates and assumptions must be made because certam of the information that IS used in the preparatlOn of the Company's financlal statements is dependent on future events, cannot be calculated with a high degree of precision from data avatlable or IS slmply not capable of bemg readtly calculated based on generally accepted methodologies. In some cases, these estimates are particularly difficult to determme and the Company must exercise slgmficant Judgment The most dlfficult, subjective and complex estimates and the assumptions that deal with the greatest amount of uncertamty are related to the Company's accounting for landfills and asset Impalrments. One additional area that mvolves estimation IS when the Company estimates the amount of potential exposure it may have wlth respect to htigatlOn, claims and assessments m accordance with SF AS No.5, Accountmg for Contingencles Actual results for all estimates could dlffer matenally from the estimates and assumptlOns that the Company uses m the preparation of ItS financlal statements. 2 ADOPTION OF NEW ACCOUNTING STANDARDS FIN 46 In January 2003, the F ASB Issued Interpretation No. 46 ("FIN 46") which was subsequently amended m December 2003. FIN 46 reqmres that unconsolidated variable interest entities be consolidated by thelr pnmary benefic lanes A primary beneficiary IS the party that absorbs a majonty of the entity's expected losses or residual benefits. FIN 46 apphes to vanable mterest entities created after January 31,2003 and to existing variable mterest entities beginnmg after June 15,2003. The Company fully adopted FIN 46 on March 31, 2004 and thls adoption did not have a matenal impact on the Company's financlal statements. 5 3. STOCK SPLIT . On May 26,2004, the Company announced that Its Board of DIrectors had declared a three-for-two stock split of its common stock, in the form of a 50% stock divIdend to stockholders of record on June 10, 2004. Shares resulting from the spht were distributed on June 24, 2004 (payment date). Shares, share price, per share amounts, common stock at par value and capital in excess of par value have been restated to reflect the effect of the stock spht for all periods presented in this Form 10-Q. As a result of the stock split, fractional shares equal to 837 whole shares were repurchased at a price of$23. 4. STOCK-BASED COMPENSATION As permitted under the provIsions of SFAS No. 123, the Company has elected to account for stock-based compensation using the intrinsIc value method prescribed by APB 25. Under the intrinsic value method, compensation cost is the excess, if any, of the quoted market pnce or faIr value of the stock at the grant date or other measurement date over the amount an employee must pay to acquire the stock. Pro forma lllformation regarding net income and earnlllgs per share IS required by SFAS No. 123, and has been determllled as if the Company had accounted for its employee stock optIOns under the faIr value method of that Statement using a Black-Scholes option pncing model. For purposes of pro forma disclosures, the estimated fair value of the optIOns IS amortized to expense over the optIons' vestlllg period. The following table summarizes the Company's pro forma net income and pro forma basic and diluted earnlllgs per share for the three and SIX months ended June 30, 2003 and 2004: Three months ended Six months ended June 30, June 30, 2003 2004 2003 2004 . Net lllcome, as reported $ 16,639 $ 19,171 $ 31,334 $ 35,373 Add' stock-based employee compensatIon expense included III reported net lllcome, net of related tax effects 159 35 285 Deduct: total stock-based employee compensatIOn expense determined under fair value method for all awards, net of related tax effects (1,816) (2,024) (3,467) (4,254) Pro forma net income $ 14,823 $ 17,306 $ 27,902 $ 31,404 Earnings per share: BaSIC - as reported $ 039 $ 040 $ 0.74 $ 0.78 BaSIC - pro forma $ 035 $ 036 $ 0.66 $ 0.69 Diluted - as reported $ 0.37 $ 0.39 $ 0.70 $ 0.75 Dlluted - pro forma $ 0.33 $ 0.36 $ 0.63 $ 0.67 5. LANDFILL ACCOUNTING At June 30, 2004, the Company owned 21 landfills, and operated, but dId not own, five landfills under life-of-sIte operatlllg contracts and eight landfills under operatlllg contracts with fimte terms. The Company also owns two SubtItle D landfill sItes that are permItted for operatIon, but not constructed as of June 30, 2004 The contract for one landfill operating under a hmited term, from which the Company generated approximately $0.7 million of annuahzed revenues, expired on June 30, 2004. The Company's landfills have site costs with a net book value of . $388,856 at June 30, 2004. WIth the exception of two owned landfills that only accept constructIon and demohtion waste, all landfills that the Company owns or operates are Subtitle D landfills. For the Company's eIght landfills 6 . operated under contracts with finite terms, the owner of the property, generally a municipahty, usually owns the permit and is generally responsible for closure and post-closure obligatIons. The Company is responsible for all closure and post-closure liabilities for four of the five operating landfills that it operates under life-of-site operating contracts Many of the Company's existmg landfills have the potential for expanded disposal capaclty beyond the amount currently permitted. The Company's internal and third-party engmeers perform surveys at least annually to estImate the disposal capacity at itS landfills. The Company's landfill depletion rates are based on the remaining disposal capacity, considering both permitted and deemed permitted airspace, at itS owned landfills and landfills operated under life-of-site operatmg contracts. Deemed permitted airspace conSists of additiOnal disposal capaCity being pursued through means of an expanSiOn. Deemed permitted airspace that meets certain internal cnteria is included in the estimate of total landfill airspace. The Company's mternal criteria to determme when deemed permitted airspace may be included as disposal capaCity are as follows: (1) The land where the expanSiOn is bemg sought is contIguous to the current disposal site, and the Company either owns it or the property is under option, purchase, operating or other agreements; (2) Total development costs, final capping costs, and closure/post-closure costs have been determined; (3) Internal personnel have performed a financial analysis of the proposed expansion site and have determmed that it has a positive financial and operational impact; (4) Internal or external personnel are actively worlang to obtain the necessary approvals to obtain the landfill expansion permit; (5) The Company considers it probable that the expansion will be achieved. For a pursued expanSiOn to be conSidered probable, there must be no significant known technical, legal, commumty, business, or politIcal restnctions or Similar issues existmg that could impair the success of the expansion; and (6) The land where the expansion is bemg sought has the proper zoning or proper zoning can readily be obtamed. . The Company is currently seelang to expand permitted capacity at seven of its owned landfills and four landfills that it operates under life-of-site operatmg contracts, and considers the achievement of these expanSiOns to be probable. Although the Company cannot be certain that all future expansions will be permitted as designed, the average remainmg hfe, when considenng remaining permitted capacity, probable expanSiOn capacity and projected annual disposal volume, of the Company's owned landfills and landfills operated under life-of-site operatmg contracts is 58 years, with lives rangmg from 3 to 263 years. The Company uses the units-of-productiOn method to calculate the depletiOn rate at the landfills it owns and the landfills it operates under life-of-site operatmg contracts. This methodology divides the costs associated with acqumng, permittmg and developing the entIre landfill by the total remainmg disposal capacity of that landfill. The resulting per umt depletIon rate is applied to each ton of waste disposed at the landfill and is recorded as expense for that penod Dunng the six months ended June 30, 2003 and 2004, the Company expensed approximately $6,123 and $7,440, respectively, or an average of $2.30 and $2.35 per ton consumed, respectIvely, related to landfill depletiOn. The Company reserves for closure and post-closure mamtenance obhgations at the landfills it owns and certam landfills it operates under hfe-of-site operating contracts Fmal cappmg costs are mcluded in the calculatiOn of closure and post-closure l1abil1ties. The Company calculates the net present value of itS closure and post-closure commitments recorded in 2004 assummg a 2 5% inflation rate and a 7.5% dlscount rate. The resulting closure and post-closure obhgatiOn is recorded on the balance sheet as an addition to site costs and amortized to depletIon expense as the landfill's airspace is consumed. Dunng the SiX months ended June 30, 2003 and 2004, the Company expensed approximately $287 and $205, respectIvely, or an average of $0.08 and $0.06 per ton consumed, respectiVely, related to closure and post-closure accretIon expense. . 7 The following is a reconcihation of the Company's closure and post-closure habIlity balance from December 31, 2003 to June 30, 2004: Closure and post-closure hability at December 31, 2003 Changes resulting from adjustments to the timing or amount of un discounted cash flows LiabIhtIes mcurred Accretion expense Closure and post-closure liabIhty at June 30, 2004 . $ 5,479 (880) 213 205 $ 5,017 At June 30, 2004, $12,167 of the Company's restncted cash balance was for purposes of settling future closure and post-closure liabilities. 6. ACQUISITIONS Dunng the SIX months ended June 30, 2004, tlte Company acquired seven non-hazardous solid waste collection and disposal busmesses. Aggregate consIderation for the acqUIsItions consisted of $10,384 in cash (net of cash acquired), $4,346 in notes payable to sellers, common stock warrants valued at $172, and the assumptIon of debt totaling $11,179. The results of operations of the acquired businesses have been included m the Company's consolidated financial statements from their respective acquisition dates. The purchase prices have been allocated to tlte identified intangIble assets and tangible assets acquired and liabilities assumed based on their estImated fair values at the dates of acquisition, wIth any residual amounts allocated to goodwill. The purchase pnce allocations are conSIdered prehmmary untIl the Company is no longer waitmg for information that it has arranged to obtam and that IS known to be avaIlable or obtainable. Although tlte time reqUIred to obtain the necessary information WIll vary with circumstances speCIfic to an indivIdual acqUIsition, the "allocation penod" for finahzing purchase pnce allocatIons generally does not exceed one year from the consummatIon of a busmess combmatIOn. . As of June 30, 2004, the Company had eight acquisitions for which purchase pnce allocatIOns were preliminary, mamly as a result of pending workmg capital valuatIons. The Company believes the potential changes to its preliminary purchase price allocations WIll not have a matenalImpact on its fmancIal condition, results of operations or cash flows. A summary of the prelimmary purchase price allocations for the acqUISItIons consummated in the six months ended June 30, 2004 is as follows: AcqUIred assets: Accounts receivable Prepaid expenses and other current assets Property and eqUIpment Goodwill Long-term franchise agreements and contracts Other mtangIbles Non-competItion agreements Assumed habIlities: Accounts payable Accrued liabIhtIes Deferred taxes Debt and other habIhtIes assumed Total cash consideration, net $ $ 8 1,109 60 9,387 13,087 5,087 259 118 (1,421) (1,540) (143) (15,619) 10,384 . . . . During the six months ended June 30, 2004, the Company paid $2,161 of acqUIsItIon-related liabilities accrued at December 31, 2003. The seven acqUIsItIons acquired in the SIX months ended June 30, 2004 were not significant to the Company's results of operations. Goodwill and long-term franchIse agreements, contracts, and other llltanglb1es acquired in the six months ended June 30, 2004 totahng $12,121 and $5,094, respectively, are expected to be deductible for tax purposes. 7. INTANGIBLE ASSETS Intangible assets, exclusive of goodwill, consIst ofthe following as of June 30, 2004: Gross Carrylllg Amount Accumulated Amortization Net Carrying Amount AmortIzable intangible assets: Long-term franchIse agreements and contracts $ Non-competition agreements Other, net 51,732 $ (2,845) $ 48,887 4,104 (2,837) 1,267 2,675 (1,023) 1,652 58,511 (6,705) 51,806 17,202 17,202 75,713 $ (6,705) $ 69,008 Nonamortlzed llltangible assets: Indefinite-hved llltanglb1e assets IntangIble assets, exclusive of goodWIll $ The weighted-average amortization periods for long-term franchise agreements, non-competition agreements and other llltanglb1es acquired dunng the six months ended June 30, 2004 are 21.4 years, 5 years and 10 years, respectIvely. EstImated future amortIzatIon expense of amortIzable intangible assets for the next five years IS as follows: For the year ended December 31, 2004 For the year ended December 31, 2005 For the year ended December 31, 2006 F or the year ended December 31, 2007 F or the year ended December 31, 2008 $ 2,409 2,318 2,119 1,923 1,726 8. LONG-TERM DEBT The Company has entered into lllterest rate swap agreements to hedge risk associated WIth fluctuations III interest rates. The lllterest rate swap agreements have a notlOna1 amount of $250,000, exprre in 2007, and effectively fix the lllterest rate on the notlOnal amount at an average lllterest rate of 2.55%, plus applicable marglll. These lllterest rate swap agreements are effectIve as cash flow hedges for a portlOn of the Company's vanable rate debt and the Company apphes hedge accountlllg pursuant to SFAS No. 133 to account for these instruments The notional amounts and all other SIgnificant terms of the swap agreements are closely matched to the provislOns and terms of the variable rate debt belllg hedged. In March 2004, the Company refinanced the semor secured term loan portion of ItS credIt faclhty III order to reduce the effective borrowlllg cost The apphcable marglll on the senior secured term loan was reduced by 25 baSIS pOllltS; all other terms remained consistent. In addition, the Company increased the amount outstanding under the semor secured term loan from $175,000 to $200,000, resulting III an lllcrease in the SIze of the credIt faclhty to $600,000. 9 In April 2004, the Company redeemed its $150,000 aggregate pnnclpal amount 5.5% Convertlble Subordinated Notes due 2006. Holders of the notes chose to convert a total of $123,648 pnnclpal amount of the notes into 4,876,968 shares of Waste ConnectlOns common stock at a price of approxlmately $25.35 per share, or approxlmately 39.443 shares per $1 pnncipal amount of notes, plus cash in lieu of fractional shares. The Company redeemed the balance of $26,352 principal amount of the notes with proceeds from its credit facility at a redemptlOn price of $1.022 per $1 principal amount of the notes. All holders of the notes also receIved accrued interest of $0.0275 per $1 principal amount of notes. As a result of the redemption, the Company recogmzed $1,478 of pre-tax expense ($1,125 net of taxes) m Apn12004. . On July 15, 2004, the Company completed an exchange offer wlth respect to ltS $175,000 aggregate principal amount Floating Rate Convertible Subordinated Notes due 2022 (the "2022 Notes"). As of that date, holders of $172,022 principal amount of old 2022 Notes had tendered their notes m exchange for an equal princlpal amount of the Company's new 2022 Notes. The Company offered to exchange $1 in principal amount of new 2022 Notes for each $1 in principal amount of lts old 2022 Notes accepted for exchange. Through the exchange offer, the Company updated certain features of the old 2022 Notes with terms that are now prevalent in the convertible note market, mcluding net share settle and dlvldend protection provisions. The lmtial converSlOn pnce of the new 2022 Notes IS $32.26 per share, WhlCh lS equal to approximately 30.9981 shares per $1 in principal amount of new 2022 New Notes, and reflects the Company's three-for-two spht of its common stock in June 2004. Holders of $2,978 principal amount of old 2002 Notes had not tendered their notes in exchange for new 2022 Notes as of that date, and, as a result, their notes will remain subject to the provlslOns of the Indenture governing the old 2022 Notes, except in the case of any such holders complying with the guaranteed delivery procedures outlined m the exchange offer. 9. DILUTED EARNINGS PER SHARE CALCULATION The following table sets forth the numerator and denominator used in the computation of diluted earnmgs per common share: Three months ended Six months ended . June 30, June 30, 2003 2004 2003 2004 Numerator: Net mcome for baslc earnmgs per share $ 16,639 $ 19,171 $ 31,334 $ 35,373 Interest expense on convertlble subordinated notes due 2006, net of tax effects 1,476 231 2,951 1,707 Net income for diluted earnings per share $ 18,115 $ 19,402 $ 34,285 $ 37,080 Denominator: BaS1C shares outstanding 42,397,502 47,425,227 42,260,726 45,233,354 Dilutive effect of convertIble subordmated notes due 2006 5,917,163 910,333 5,917,163 3,413,748 Dilutive effect of options and warrants 880,865 1,086,709 909,767 1,027,839 Dilutive effect of restncted stock 4,043 21,200 6,284 17,326 Diluted shares outstanding 49,199,573 49,443,469 49,093,940 49,692,267 As of June 30, 2004, all outstanding stock options and warrants were included m the computation of diluted mcome per share, as they were all dtluhve. . 10 . 10 COMPREHENSIVE INCOME Comprehensive income includes changes in the faIr value of interest rate swaps that qualIfy for hedge accountmg The difference between net mcome and comprehensive mcome for the three and six months ended June 30, 2003 and 2004 IS as follows: Net income Unrealized gain on interest rate swaps, net of tax expense of $119 and $2,660 for the three months ended June 30, 2003 and 2004, respectively, and $703 and $1,572 for the SIX months ended June 30, 2003 and 2004, respectively 203 4,529 1,112 2,677 Comprehensive income $ 16,842 $ 23,700 $ 32,446 $ 38,050 The components of other comprehensive mcome and related tax effects for the three and six months ended June 30, 2003 and 2004 are as follows: Three months ended June 30, 2003 2004 16,639 $ 19,171 Six months ended June 30, 2003 2004 31,334 $ 35,373 $ $ Three months ended June 30, 2003 Gross Tax effect Net of tax $ 1,603 $ 593 $ 1,010 (1,281) (474) (807) $ 322 $ 119 $ 203 Three months ended June 30, 2004 Gross Tax effect Net of tax $ 889 $ 329 $ 560 6,300 2,331 3,969 $ 7,189 $ 2,660 $ 4,529 Six months ended June 30, 2003 Gross Tax effect Net of tax $ 3,108 $ 1,150 $ 1,958 (1,293) (447) (846) $ 1,815 $ 703 $ 1,112 Six months ended June 30, 2004 Gross Tax effect Net of tax $ 1,366 $ 506 $ 860 2,883 1,066 1,817 $ 4,249 $ 1,572 $ 2,677 Amounts reclassIfied into earnings Changes m fair value of mterest rate swaps . Amounts reclassIfied into earnmgs Changes in fair value of mterest rate swaps Amounts reclassified into earnings Changes in faIr value of interest rate swaps Amounts reclassIfied mto earnmgs Changes m faIr value of interest rate swaps 11. SHARE REPURCHASE PROGRAM . On May 3, 2004, the Company announced that ItS Board of Directors had authorized a common stock repurchase program for the repurchase of up to $200 million of common stock over a two-year penod. Under the program, stock repurchases may be made m the open market or in privately negotiated transactIons from tIme to time at management's dIscretion. The timing and amounts of any repurchases will depend on many factors, includmg the Company's capital structure, the market pnce of the common stock and overall market conditions. As of June 30, 2004, the Company had repurchased 1,029,300 shares of its common stock under this program at a cost of$27,887. 11 12. COMMITMENTS AND CONTlNGENCIES . The Company owns undeveloped property in Harper County, Kansas where It IS seeking permits to construct and operate a municipal solid waste landfill. In 2002, the Company received a specIal use permit from Harper County for zoning the landfill and in 2003 It receIved a draft permIt from the Kansas Department of Health and Environment to construct and operate the landfill. In July 2003, the DIStriCt Court of Harper County invalidated the prevIOusly issued zoning permIt. The Company has appealed the DIStriCt Court's decisIOn to invalIdate the zomng permIt. The Court of Appeal heard oral arguments over our appeal on June 16,2004. The Kansas Department of Health and Environment has notified the Company that it wIll not issue a final permit to construct and operate the landfill until the zoning matter IS resolved. At June 30, 2004, the Company had $4,209 of capitalIzed expenditures related to this landfill development project. Based on the advice of counsel, the Company believes that it wIll prevail in this matter and does not believe that an Impairment of the capitalized expenditures exists. If the Company does not prevail on appeal, however, It wIll be reqUIred to expense in a future period the $4,209 of capitalized expenditures, less the recoverable value of the undeveloped property and other amounts recovered, which would lIkely have a materIal adverse effect on ItS reported mcome for that period. The Company is prImarily self-insured for automobile liability, general liabIlity and workers' compensation claims as a result of its hIgh deductible programs. The Company IS a party to varIous claims and SUItS pendmg for alleged damages to persons and property and alleged liabilities occurring during the normal operatIOns of the solid waste management busmess. On October 31, 2003, the Company's subsIdiary, Waste ConnectIons of Nebraska, Inc., was named as a defendant in the case of Karen Colleran, Conservator of the Estate of Robert Rooney v. Waste Connections of Nebraska, Inc. The plaintiff seeks recovery for damages allegedly suffered by Father Robert Rooney when the bIcycle he was ridmg collided with one of the Company's garbage trucks in Valley County, Nebraska. The complaint alleges that Father Rooney suffered serIOUS bodily injury, mcludmg traumatic brain mjury. The plamtIff seeks recovery of past medical expenses of approximately $430 and an unspecified amount for future medIcal expenses, home healthcare, past pam and suffering, future pain and sufferIng, lost income, loss of earning capacity, and permanent injury and dIsabIlity. The Company's primary defense is that the plamtiff is not entitled to . any damages under Nebraska law because the neglIgence of Father Rooney was equal to or greater than any negligence on the part of the Company's driver, and the Company mtends to defend this case vigorously. This case is m the early stages of dIscovery and the Company has not accrued any potential loss as of June 30, 2004; however, an adverse outcome in thIS case coupled with a sigmficant award to the plaintiff could have a material adverse effect on the Company's reported mcome m the period incurred. Additionally, the Company IS party to various legal proceedmgs in the ordmary course of business and as a result of the extenSIve governmental regulation of the solId waste industry. The Company's management does not believe that these proceedmgs, either individually or in the aggregate, are likely to have a material adverse effect on its business, financIal conditIon, operating results or cash flows. . 12 . ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS FORWARD LOOKING STATEMENTS . Certain information contamed in this Quarterly Report on Form 10-Q, including, without limitation, mformation appeanng under this Part I, Item 2, mcludes statements that are forward-looking in nature. These statements can be identified by the use of forward-Iookmg terminology such as "beheves", "expects", "may", "WIll", "should" or "anticipates" or the negative thereof or comparable termmology, or by dIScussions of strategy. Our business and operations are subject to a variety of risks and uncertamtIes and, consequently, actual results may differ materially from those projected by any forward-looking statements m thIS Quarterly Report on Form lO-Q. Factors that could cause actual results to differ from those projected include, but are not hmIted to, the following: (1) dIfficulties in making acquiSItions, acqumng exclusive contracts and generating internal growth may cause our growth to be slower than expected; (2) our growth and future financial performance depend sigmficantly on our ability to mtegrate acquired businesses into our organization and operations; (3) our acqUIsitions may not be successful, resultmg m changes in strategy, operating losses or a loss on sale of the business acquired; (4) we compete for acquisitIOn candidates WIth other purchasers, some of WhICh have greater financial resources than we do, and these other purchasers may be able to offer more favorable acqUIsItion terms, thus limiting our abIhty to grow through acquisition; (5) timing of acquisitions may cause fluctuations m our quarterly results, which may cause our stock pnce to decline; (6) rapid growth may stram our management, operational, financial and other resources; (7) we may be unable to compete effectively with governmental service providers and larger and better capitalized compames, which may result in reduced revenues and lower profits; and (8) we may lose contracts through competitIve bidding, early termination or governmental action, WhICh would cause our revenues to decline. These risks and uncertainties, as well as others, are discussed in greater detaIl m our other filings with the Secunties and Exchange CommiSSIOn, mcludmg our most recent Ammal Report on Form 1O-K. There may be addItional risks of which we are not presently aware or that we currently beheve are immaterial WhICh could have an adverse impact on our busmess. We make no commitment to revise or update any forward-Iookmg statements in order to reflect events or CIrcumstances after the date any such statement IS made. The followmg diSCUSSIOn should be read m conjUnctIOn WIth the unaudIted finanCIal statements and notes thereto included elsewhere herein OVERVIEW Waste Connections, Inc. IS an mtegrated sohd waste services company that prOVIdes sohd waste collection, transfer, dIsposal and recychng servIces m mostly secondary markets m the Western and Southern U.S As of June 30, 2004, we served more than one million commercial, mdustrial and residential customers from a network of operations in 23 states: Alabama, Arizona, California, Colorado, Georgia, Illinois, Iowa, Kansas, Kentucky, Minnesota, MiSSIssippI, Montana, Nebraska, New Mexico, Ohio, Oklahoma, Oregon, South Dakota, Tennessee, Texas, Utah, Washmgton, and Wyoming As of that date, we owned 104 collection operations and operated or owned 33 transfer stations, operated or owned 33 SubtItle D landfills, owned two construction and demolition landfills and operated or owned 26 recycling facilitIes. We also owned two Subtitle D landfill sites that are permitted for operation, but not constructed as of June 30, 2004. CRITICAL ACCOUNTING ESTIMATES AND ASSUMPTIONS . The preparation of finanCIal statements m conformIty WIth generally accepted accounting principles reqUIres estimates and assumptIOns that affect the reported amounts of assets and liabilities, revenues and expenses, and related disclosures of contingent assets and liabIhties m the consohdated financial statements. As described by the SecuntIes and Exchange CommISSIOn, cntIcal accountmg estimates and assumptions are those that may be material due to the levels of subjectivIty and judgment necessary to account for highly uncertam matters or the susceptibility of such matters to change, and that have a matenal impact on our financial condItion or operatmg performance. There were no SIgnificant changes to our cntIcal accounting estimates and assumptions m the SIX months ended June 30,2004. Refer to our Annual Report on Form 10-K for a complete descriptIOn of our cntical accountmg estimates and assumptIOns. 13 GENERAL . Our revenues consist mamly of fees we charge customers for solid waste collection, transfer, disposal and recycling services. Our collection business also generates revenues from the sale of recyclable commodities, which have sigmficant vanabihty. A large part of our collection revenues comes from providing commercial, mdustrial and residential services. We frequently perform these services under service agreements, municipal contracts or franchise agreements with governmental entities. Our existing franchise agreements and all of our existing municipal contracts give us the exclusive right to proVide specified waste services in the specified territory during the contract term. These exclusive arrangements are awarded, at least mitially, on a competitive bid basis and subsequently on a bid or negotiated basis. We also provide residential collection services on a subscription basis with individual households. More than 50% of our revenues for the six months ended June 30, 2004 were derived from market areas where services are proVided predommantly under exclUSive franchise agreements, long-term municipal contracts and governmental certificates. Governmental certificates grant us perpetual and exclusive collectiOn rights m the covered areas. Contracts with counties and municipahties and governmental certificates provide relatively consistent cash flow during the terms of the contracts. Because we bill most residential customers quarterly, subscription agreements also provide a stable source of revenues for us. We charge transfer station and landfill customers a tippmg fee on a per ton and/or per yard basis for disposing of their solid waste at the transfer stations and landfill facilities. Many of our transfer and landfill customers have entered mto one to ten year disposal contracts with us, most of which provide for annual indexed pnce increases. We typically determine the pnces of our sohd waste services by the collection frequency and level of service, route density, volume, weight and type of waste collected, type of equipment and containers furnished, the distance to the disposal or processing facility, the cost of disposal or processing, and pnces charged by competitors for similar services. The terms of our contracts sometimes limit our abihty to pass on price increases. Long-term solid waste collectiOn contracts often contam a formula, generally based on a published price mdex, that automatically adjusts fees to cover increases in some, but not all, operating costs, or that limit mcreases to less than 100% of the mcrease . m the applicable pnce index. Cost of operations includes labor and benefits, tipping fees paid to third-party disposal facilities, eqUipment mamtenance, workers' compensation, vehicle msurance, claims expense, third-party transportation expense, fuel, the cost of materials we purchase for recychng, district and state taxes and host community fees and royalties. Our single largest cost is labor, followed by third-party disposal, cost of vehicle maintenance, taxes and fees and fuel. We use a number of programs to reduce overall cost of operations, including increasing the use of automated routes to reduce labor and workers' compensation exposure, comprehensive maintenance and health and safety programs, and increasing the use of transfer statiOns to further enhance internalization rates. Our high-deductible insurance covers automobile liability, general liability, workers' compensation claims, automobile collision and employee group health claims. If we experience insurance claims or costs above or below our historically evaluated levels, our estimates could be matenally affected. Selhng, general and admmistrative ("SG&A") expenses include management, sales force, clencal and admmistrative employee compensatiOn and benefits, legal, accountmg and other professional services, bad debt expense, and rent expense for our corporate headquarters. DepreCiation expense mcludes depreciatiOn of fixed assets over their estimated useful lives usmg the straight-line method. Depletion expense includes depletion of landfill site costs and total future development costs as remainmg airspace of the landfill is consumed. Remammg airspace at our landfills includes both permitted and deemed permitted airspace. AmortizatiOn expense mcludes the amortization of defimte-lived intangible assets, consisting primanly of long-term franchise agreements and contracts, customer hsts, and non-competitiOn agreements, over their estimated useful lives using the straight-line method. Goodwill and indefinite-hved mtangible assets, consistmg pnmanly of certam perpetual rights to proVide solid waste collectiOn and transportation services in specified temtories, are not amortized. At June 30, 2004, we had 285.6 milhon tons of permitted remaming airspace capacity and 83.3 million tons of deemed probable expanSiOn airspace capacity at our 26 owned and operated landfills and landfills operated under . 14 . . . life-of-site operatmg contracts. We do not measure remammg airspace capacity at the eight landfills we operate under contracts with fimte terms. Based on remaimng permitted capacity as of June 30, 2004, and projected annual disposal volumes, the average remaimng landfill life for our owned landfills and landfills operated under hfe-of-site operating contracts is approximately 45 years. The operating contracts for which the contracted term is not the life of the landfill have expiratiOn dates from 2004 to 2013. The disposal tonnage that we received m the six months ended June 30, 2003 and 2004 at all of our landfills owned or operated during the respective period is shown below (tons in thousands): June 30, 2003 Number of Total Sites Tons June 30, 2004 Number of Total Sites Tons Owned landfills or landfills operated under life-of-site contracts Operated landfills under hmited term operating agreements 26 3,169 23 2,660 366 3,026 9 35 494 3,663 7 30 We capitalize some third-party expenditures related to pending acqUisitions or development projects, such as legal, engineering and mterest expenses. We expense mdirect acqulSltiOn costs, such as executive and corporate overhead, public relatiOns and other corporate services, as we incur them. We charge against net income any unamortized capitalized expenditures and advances (net of any portiOn that we believe we may recover, through sale or otherwise) that may become impaired, such as those that relate to any operation that is permanently shut down and any pending acquisition or landfill development project that we believe will not be completed. We routmely evaluate all capitalized costs, and expense those related to projects that we beheve are not likely to succeed. At June 30, 2004, we had $0.1 million m capitahzed expenditures relatmg to pending acquisitions. We own undeveloped property m Harper County, Kansas, where we are seekmg permits to construct and operate a municipal solid waste landfill. In 2002, we received a special use permit from Harper County for zoning the landfill and in 2003 we received a draft permit from the Kansas Department of Health and Environment to construct and operate the landfill. In July 2003, the Distnct Court of Harper County invalidated the previously issued zoning permit. We have appealed the District Court's deciSiOn to invalidate the zoning permit. The Kansas Department of Health and Environment has notified us that it will not issue a final permit to construct and operate the landfill until the zoning matter is resolved. At June 30, 2004, we had $4 2 nulhon of capitalized expenditures related to this landfill development project. Based on the advice of counsel, we beheve that we will prevail in this matter and do not believe that an impairment of the capitalized expenditures exists. If we do not prevail on appeal, however, we will be required to expense in a future penod the $4.2 milhon of capitalized expenditures, less the recoverable value of the undeveloped property and other amounts recovered, which would likely have a matenal adverse effect on our reported mcome for that penod. We penodically evaluate acquired assets for potential impairment indicators. If any impairment mdicators are present, a test of recoverability is performed by companng the carrymg value of the asset or asset group to its undiscounted expected future cash flows. If the carrymg values are in excess of undiscounted expected future cash flows, impairment is measured by companng the fair value of the asset to itS carrymg value. If the fair value of an asset is determined to be less than the carrymg amount of the asset or asset group, an impairment in the amount of the difference is recorded m the penod that the impairment indicator occurs. As of June 30, 2004, there have been no adjustments to the carrymg amounts of mtangibles, mcludmg goodwill, resulting from these evaluations. As of June 30, 2004, goodwill and other intangible assets represented 47.1 % of total assets and 97.0% of stockholders' equity. NEW ACCOUNTING PRONOUNCEMENTS For a descnption of the new accounting standards that affect us, see Note 2 to our Condensed Consolidated Financial Statements included under Part I, Item 1 of this Form 10-Q. 15 RESULTS OF OPERATIONS FOR THE THREE AND SIX MONTHS ENDED JUNE 30, 2003 AND 2004 . The following table sets forth Items m our consolIdated statements of income as a percentage of revenues for the periods indIcated. Three months ended SIX months ended June 30. June 30. 2003 2004 2003 2004 Revenues 100 0% 100.0% 100.0% 100.0% Cost of operations 558 56.6 55.8 56.8 Selling, general and administratIve expenses 9.5 9.6 9.8 10.0 DepreciatIOn and amortizatIOn expense 8.1 8.7 8.2 8.8 Operating income 26.6 25.1 26.2 24.4 Interest expense, net (5.6) (3.2) (5.9) (3.9) Other expense (0:1) (1.0) (0.1) (0.5) Minority interests (1.9) (1.9) (1.8) (1.8) Income tax expense (7.0) (7.1) (6.8) (6.8) Cumulative effect of change m accounting pnncIple 0.1 Net mcome 12.0% 11.9% 11.7% 11.4% Revenues. Total revenues mcreased $21.7 million, or 15.6%, to $160.6 mIllion for the three months ended June 30, 2004, from $138.9 millIon for the three months ended June 30, 2003. Acquisitions closed subsequent to June 30, . 2003 increased revenues approximately $15.1 million. Increases in recyclable commodIty prices increased revenues by $1.2 mIllIon, and mcreased prices charged to our customers and volume changes in our eXIsting business resulted in a net revenue increase of approxImately $5.4 mIllIon. The volume mcrease was partially offset by exiting the roll-offbusmess at our GeorgIa operatIOns. Revenues for the SIX months ended June 30, 2004 mcreased $42.5 ill11lIon, or 15.9%, to $309.8 million from $267.3 million for the six months ended June 30, 2003. AcqUISItions closed subsequent to June 30, 2003, and the full- period inclUSIOn of revenues from acquiSItions closed dunng the six months ended June 30, 2003, increased revenues approxImately $30.7 million. Increases m recyclable commodity prices mcreased revenues by $2.1 millIon, and increased prices charged to our customers and volume changes m our eXIsting business resulted in a net revenue increase of $9.7 millIon. The volume mcrease was partially offset by exiting the roll-off business at our Georgta operatIOns and the loss of certain mumcipal contracts that expIred subsequent to June 30, 2003, and were not renewed. Cost of Operations. Total cost of operatIons mcreased $13.5 mIllIon, or 17.4%, to $90.9 mIllIon for the three months ended June 30, 2004, from $77.4 millIon for the three months ended June 30, 2003. Cost of operations for the six months ended June 30,2004, mcreased $26.8 million, or 17.9%, to $176.0 millIon from $149.2 mIllIon for the six months ended June 30, 2003. The increases were primarily attributable to operating costs associated with acqUIsitions closed subsequent to June 30, 2003, increases m medIcal expenses for our self-msured employee health plans, higher fuel costs and mcreased expenses associated with hIgher collection volumes. Cost of operatIons as a percentage of revenues mcreased 0.8 percentage pomts to 56.6% for the three months ended June 30, 2004, from 55.8% for the three months ended June 30, 2003. Cost of operatIOns as a percentage of revenues for the six months ended June 30, 2004, increased 1.0 percentage point to 56.8% from 55.8% for the six months ended June 30, 2003. The mcreases as a percentage of revenues were primarily attnbutable to companIes acquired subsequent to June 30, 2003, having operatmg margms below our company average associated with a . higher mix of collection volumes, higher labor and other operating costs, mcreased fuel costs, increased medical 16 . expenses resulting from a higher volume of claims and an increase in the number of claims reachmg our per claIm deductible limIts for our self-insured employee health plans. SG&A. SG&A expenses mcreased $22 millIon, or 17.2%, to $15.4 mIllIon for the three months ended June 30, 2004, from $13.2 million for the three months ended June 30, 2003. SG&A expenses for the six months ended June 30, 2004 increased $4.9 millIon, or 19.1 %, to $31.0 million from $26.1 million for the SIX months ended June 30, 2003. Our SG&A expenses for the three and six months ended June 30, 2004, increased from the prior year penods as a result of addItIonal personnel from acqUIsItions closed subsequent to June 30, 2003, increased accountmg expenses related to new corporate governance requirements, mcreased management mformation system expenses, mcreased employee bonus and stock compensatIOn expense recogmzed m the three months ended June 30, 2004, and increased payroll tax expenses resulting from an increase in exercises of stock options during the first six months of2004, partIally offset by a declIne in bad debt expense due to improved customer collections. SG&A expenses as a percentage of revenues for the three months ended June 30, 2004, increased 0.1 percentage pomts to 9.6% from 9.5% for the three months ended June 30, 2003. SG&A as a percentage of revenues for the six months ended June 30, 2004, increased 0.2 percentage pomts to 10.0% from 9.8% for the six months ended June 30, 2003. The increases were pnmarily due to mcreased employee bonus and stock compensation expense and mcreased payroll tax expenses resultmg from increases m exercises of stock optIons, partially offset by a decline in bad debt expense due to improved customer collections. Depreciation and AmortizatIon. DepreciatIon and amortIzatIon expense mcreased $2.6 millIon, or 22.8%, to $13.9 millIon for the three months ended June 30, 2004, from $11.3 million for the three months ended June 30, 2003. DepreciatIOn and amortization expense for the six months ended June 30, 2004, increased $5.4 million, or 24.9%, to $27.3 mIllIon from $21.9 mIllIon for the SIX months ended June 30, 2003. The increases were primarily attributable to deprecIatIOn and depletion assocIated WIth acqulSltIOns closed subsequent to June 30, 2003, increased depreciation expense resulting from new equipment acquired to support our base operatIOns, mcreased amortizatIon expense assocIated WIth mtangIble assets acquired in acquisitIOns closed subsequent to June 30, 2003, and increased depletIOn expense resultmg from hIgher volumes at our landfill operatIOns. . DeprecIatIon and amortIzatIon expense as a percentage ofrevenues increased 0.6 percentage points to 8.7% for the three months ended June 30, 2004, from 8.1 % for the three months ended June 30, 2003. Depreciation and amortIzatIon expense as a percentage of revenues for the SIX months ended June 30, 2004, increased 0.6 percentage points to 8.8% from 8.2% for the SIX months ended June 30, 2003. The increases in depreciation and amortization as a percentage of revenues were the result of depreciation expense assocIated WIth new eqUIpment acquired subsequent to June 30, 2003, whIch replaced older eqUIpment WIth lower depreciation costs, increased amortization expense associated WIth intangible assets acquired in acquisitions closed subsequent to June 30, 2003. Operatmg Income. Operatmg income mcreased $3.4 mIllIon, or 9.1 %, to $40.4 millIon for the three months ended June 30, 2004, from $37.0 million for the three months ended June 30, 2003. Operating income for the six months ended June 30, 2004 increased $5 3 mIllion, or 7.6%, to $75.5 millIon from $70.2 million for the six months ended June 30, 2003. The increases were pnmanly attnbutable to the growth m revenues, partIally offset by mcreased operatmg costs, recurring SG&A expenses to support the revenue growth, increases in employee bonus and stock compensation expense and mcreased deprecIatIOn and amortIzation expenses. Operating income as a percentage of revenues decreased 1 5 percentage points to 25.1 % for the three months ended June 30, 2004, from 26.6% for the three months ended June 30, 2003. Operating income as a percentage of revenues for the six months ended June 30, 2004, decreased 1 8 percentage pomts to 24.4% from 26.2% for the SIX months ended June 30, 2003. The decreases were due to the aforementIOned percentage of revenue increases m cost of operations, SG&A expenses, and deprecIatIOn and amortIzatIon expenses. . Interest Expense. Interest expense decreased $2.6 million, or 33.5%, to $5.2 mIllIon for the three months ended June 30, 2004, from $7.8 millIon for the three months ended June 30, 2003. Interest expense for the SIX months ended June 30, 2004, decreased $3.8 millIon, or 24.2%, to $12.0 millIon from $15.8 mIllIon for the six months ended June 30, 2003. The decreases were attributable to declInes m our total outstanding debt balances and a decrease in the effectIve mterest rate of our aggregate debt balance, due primarily to the expiration of two interest rate swap agreements in late 2003 that reqUIred fixed mterest payments m excess of our variable rate borrowing cost. 17 The decrease m our total outstanding debt balance was primarily due to the redemption of our $150 mtlhon aggregate principal amount, 5.5% ConvertIble Subordmated Notes due 2006, whIch resulted m $123.6 mtllion of the outstandmg note princIpal bemg converted into our common stock, partially offset by additional borrowings to fund acquisitions and repurchases of our common stock. Other Expense. Other expense mcreased to $1.6 mtllion for the three months ended June 30, 2004, from $0.2 million for the three months ended June 30, 2003. Other expense increased to $1.5 million for the six months ended June 30, 2004, from $0.2 mtllion for the six months ended June 30, 2003. Other expense m the three and six months ended June 30, 2004, includes $1.5 million of costs associated WIth the redemptIon of our $150 million 5.5% ConvertIble Subordinated Notes due 2006. These redemption costs mcluded early redemption premIUm payments and the write-off of a portion of the unamortized debt Issuance costs. The remaining components of other expense in 2003 and 2004 were net losses mcurred on the dIsposal of certain assets. Minority Interests. Mmonty interests increased $0.5 million, or 17.8%, to $3.1 mtllion for the three months ended June 30, 2004, from $2.6 mtlhon for the three months ended June 30, 2003. Mmority interest increased $0.8 mtllion, or 16.6%, to $5.7 million for the SIX months ended June 30, 2004, from $4.9 million for the six months ended June 30, 2003. The increases in minority interests were due to mcreased earnmgs by our majority-owned subsidiaries. ProvisIOn for Income Taxes. Income taxes increased $1.6 milhon, or 16.7%, to $11.4 million for the three months ended June 30, 2004, from $9.8 million for the three months ended June 30, 2003. Income taxes mcreased $2.8 million, or 15.0%, to $21.0 million for the six months ended June 30, 2004, from $18.2 million for the six months ended June 30, 2003. These increases were due to increased pre-tax earnings and an increase in our effectIve tax rate. Our effective tax rates for the three and six months ended June 30, 2004 were 37.3% and 37.2%, respectively, an increase from 37.0% in the pnor year penods. The increase in our effective tax rate was due to the recognition of non-tax deductible expenses in 2004, partIally offset by the reversal of certam tax contingencIes that expired in the current year periods. Cumulative Effect of Change in Accounting PrincIple. Cumulative effect of change in accounting principle for the six months ended June 30, 2003, consIsted of a $0.3 mtllion gain, net of tax effects, resulting from our adoptIon of SFAS No. 143 on January 1, 2003. Our adoption of SFAS No. 143 reqUIred us to record a cumulative change m accountmg for landfill closure and post-closure obligations retroactIvely to the date of the acqUIsItion of each landfill. Net Income. Net mcome mcreased $2.6 million, or 15.2%, to $19.2 million for the three months ended June 30, 2004, from $16.6 million for the three months ended June 30, 2003. Net mcome increased $4.1 mIllion, or 12.9% to $35.4 mtlhon for the SIX months ended June 30, 2004, from $31.3 million for the SIX months ended June 30, 2004. The increases were primanly attrIbutable to increased operating mcome and decreased mterest expense, partIally offset by increased minority mterest expense, other expense and income tax expense. LIQUIDITY AND CAPITAL RESOURCES Our business IS capItal mtensive. Our capItal reqUIrements mclude fleet and containers, factlItIes, and expendItures for landfill cell construction, landfill development and landfill closure actIvitIes m the future. We plan to meet our capital needs through various financing sources, includmg mternally generated funds, debt and equity financings. As of June 30, 2004, we had a workmg capItal defiCIt of $14.1 milhon, mcluding cash and equivalents of $5.6 mtlhon. Our strategy m managmg our workmg capital is generally to apply the cash generated from our operations that remams after satIsfymg our workmg capItal and capital expenditure requirements to reduce our mdebtedness under our credit facIhty and to mmimIze our cash balances. In October 2003, we entered into a new credit facIhty to mcrease the maXImum borrowings available to us to $575 milhon. ThIS new credit facihty consisted of a $400 million senior secured revolvmg credIt factlity WIth a syndIcate of banks for WhICh Fleet National Bank acts as agent and a $175 million senior secured term loan. In March 2004, we refinanced the semor secured term loan portion of our credIt facIhty in order to reduce the effective borrowing cost. The applicable margin on the senior secured term loan was reduced by 25 basis points; all other terms 18 . . . . . . remained consistent. In addition, we increased the amount outstanding under the senior secured term loan from $175 mtlhon to $200 million, resulting III an increase III the SIze of the facility to $600 mtllion. The senior secured revolving credit faclhty matures in October 2008. The senior secured term loan requires annual pnnclpal payments equal to 1 % of the lllitial term loan amount with all remallllllg outstandlllg amounts due October 2010. Under the new credit facility, there IS no maximum amount of stand-by letters of credIt that can be issued; however, the Issuance of stand-by letters of credit reduces the amount of total borrowings avatlable. We are able to mcrease the maXImum borrowlllgs under the new credit facility to $675 mtllion, although no eXlstmg lender will have any obligation to mcrease ItS commitment, provIded that no event of default, defined in the new credIt facility, has occurred. The borrowmgs under the new credIt faclhty bear interest at a rate per annum equal to, at our discretIon, eIther the Fleet National Bank Base Rate plus apphcable margm, or the LIBOR rate plus applicable margin. The applicable margin under the revolvlllg credit facility varies depending on our leverage ratio. At June 30, 2004, the applicable margin on the term loan was 25 basis points III the case of loans based on the Base Rate and 175 basis points in the case of loans based on the LIBOR rate. VIrtually all of our assets, includmg our mterest in the equity securities of our subSIdiaries, secure our obligatIOns under the new credIt factlity. The new credit faclhty places certam business, financial and operating restrictions on us relating to, among other things, addItional indebtedness, investments, acquisItIons, asset sales, mergers, dIVIdends, distributions, and repurchases and redemption of capital stock. The new credIt facility also requires that we maintam specIfied financial ratios and balances. As of June 30, 2004, we were III compliance with all apphcable covenants m our outstanding credit facihty. The credit facihty also requires the lenders' approval of acqUIsitions in certalll circumstances. We use the credIt factlity for acqUIsItions, capital expendItures, working capItal, standby letters of credit and general corporate purposes. The $16.0 mtlhon increase in outstandmg borrowings under our credit faclhty m 2004 was primarily due to our cash redemption of a portion of our $150 million aggregate principal amount, 5.5% Convertible Subordmated Notes due 2006 and our repurchase of outstandmg common stock, offset by cash generated from operations and the proceeds from stock optIOn exercises. If we are unable to incur addItional indebtedness under our credit facility or obtam additional capital through future debt or equity financmgs, our rate of growth through acqUIsitions may decline. As of June 30, 2004, we had the following contractual obligations (in thousands): Principal Payments Due by Period Less Than Recorded ObhgatIons Total 1 Year 2 to 3 Years 4 to 5 Years Over 5 Years Long-term debt (1) $ 476,050 $ 8,624 $ 15,622 $ 65,838 $ 385,966 Total contractual cash obligations $ 476,050 $ 8,624 $ 15,622 $ 65,838 $ 385,966 (I) Long-term debt payments mclude $44 nulllOn III pnnclpal payments due 2008 related to our senIor secured levolvmg credIt faCIlIty and $198 ImllIon m pnnclpal payments due 20 I 0 related to our senIor secured tenTI loan, both under our credIt faCIlIty As of June 30, 2004, our credIt faCIlIty allowed us to bOlTOW up to $600 millIon Unrecorded Obligations Total Operating leases (2) $ 27,102 UncondItIonal purchase obligations(2) 15,735 Total commercial commItments $ 42,837 Amount of CommItment ExpiratIon Per Period Less Than 1 Year $ 3,994 2 to 3 Years $ 6,289 4 to 5 Years $ 4,628 Over 5 Years $ 12,191 10,235 5,500 $ 11,789 $ 4,628 $ 12,191 $ 14,229 (2) We are party to operatmg lease agIeements and unconditIonal purchase oblIgatIOns These lease agreements and purchase oblIgatIOns are establIshed m the ordmary course of our busmess and are deSIgned to proVIde us WIth access to faCIlItIes and products at competItIve, market-dnven pnces These arrangements have not matenally affected our finanCIal pOSItIOn, results of operatIOns or lIqUIdIty dunng the three or SIX months ended June 30, 2004, nor are they expected to have a materIal Impact on our future financIal pOSItIOn, results of operatIOns or hqUIdlty 19 Weare party to stand-by letters of credit and financIal surety bonds These stand-by letters of credIt and financial surety bonds are generally estabhshed to support our financial assurance needs and landfill operations. These arrangements have not matenally affected our financIal positlOn, results of operatlOns or liqmdlty during the six months ended June 30, 2004, nor are they expected to have a material impact on our future financial position, results of operations or liqmdlty. The minonty interest holders of one of our majority-owned Subsldlanes have a currently exercisable optlOn (the "put option") to requITe us to complete the acqulSltion of this majonty-owned subsIdiary by purchasing their minority ownershIp interests for fair market value. The put optlOn calculates the fair market value of the subsIdiary based on its current operating income before deprecIation and amortIzatIon, as defined in the put optlOn agreement. The put optlOn does not have a stated termination date. At June 30, 2004, the minority interest holders' pro rata share of the SubsIdIary's fair market value IS estImated to be worth between $69 million and $83 mlllion. Because the put option is required at fair market value, no amounts have been accrued relatIve to the put option. For the SIX months ended June 30, 2004, net cash provIded by operating activities was $84.1 million. Of this amount, $4.1 million was provided by working capital for the period. The primary components of the reconciliation of net income to net cash provIded by operatIons for the SIX months ended June 30, 2004, consIst of non-cash expenses including $27.3 mllhon of depreciation and amortizatlOn, $5.7 million of minority interest expense, $1.4 million of debt issuance cost amortIzation, and the deferral of $9.9 million of income tax expense resulting from temporary differences between the recogmtIon of income and expenses for finanCIal reportmg and income tax purposes. For the six months ended June 30, 2004, net cash used in mvestmg activities was $41.6 million. Of this amount, $12.4 mlllion was used to fund the cash portion of acqmsitlOns and to pay a portion of acquisItion costs that were included as a component of accrued liablhtles at December 31,2003. Cash used for capital expenditures was $33.9 mlllion, whIch was primarily for mvestments in fixed assets, consisting of trucks, contamers, other equipment and landfill development. Cash prOVIded by investing activities mcluded $3.9 mlllion of net draws of restricted cash. For the six months ended June 30, 2004, net cash used in financing actIvitIes was $42.3 milhon, whIch included $19.3 mllhon of proceeds from stock optlOn and warrant exercises, less $27.5 million of net payments under our vanous debt arrangements, $27.9 mlllion to repurchase shares of our common stock, $5.9 mllhon of cash distnbutIons to minority mterest holders and $0.3 million of debt Issuance costs, primarily related to our amended credIt facility. We made approxImately $33.9 million m capItal expendItures for property and equipment during the SIX months ended June 30, 2004. We expect to make capItal expendItures of approximately $70.0 mllhon in 2004 m connectlOn with our existing busmess. We intend to fund our planned 2004 capital expendItures pnnclpally through existing cash, internally generated funds, and borrowings under our existing credit facility. In addition, we may make substantial additlOnal capItal expendItures in acquiring sohd waste collection and disposal businesses. If we acquire addItional landfill disposal facIlItIes, we may also have to make slgmficant expendItures to bnng them into compliance with apphcable regulatory requirements, obtain permits or expand our available disposal capacity. We cannot currently determine the amount of these expenditures because they will depend on the number, nature, condItion and permitted status of any acqmred landfill dIsposal facilitIes We believe that our credIt facility and the funds we expect to generate from operatlOns wlll provide adequate cash to fund our workmg capital and other cash needs for the foreseeable future From tIme to time we evaluate our existing operations and theIT strategic importance to us. If we determme that a gIven operatmg unit does not have future strategic importance, we may sell or otherwise dispose of those operatIons. Although we believe our operatIons would not be Impaired by such dISpositions, we could incur losses as a result. SEASONALITY Based on historic trends, we expect our operating results to vary seasonally, with revenues typically lowest in the first quarter, higher in the second and thIrd quarters and lower in the fourth quarter than m the second and thIrd quarters. We expect the fluctuation in our revenues between our hIghest and lowest quarters to be approximately 10% to 12%. This seasonality reflects the lower volume of solid waste generated dunng the late fall, winter and 20 . . . . . . early spnng months because of decreased construction and demolition activIties during the winter months in the U.S. In addition, some of our operatmg costs may be hIgher m the winter months. Adverse winter weather condItions slow waste collection activities, resulting in higher labor and operatIOnal costs Greater precipitation in the winter increases the weIght of collected waste, resulting in higher disposal costs, which are calculated on a per ton basIs. ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK In the normal course of business, we are exposed to market nsk, mcluding changes m interest rates and certain commodity prices. We use hedge agreements to manage a portion of our risks related to interest rates. While we are exposed to credit risk in the event of non-performance by counterparties to our hedge agreements, m all cases such counterparties are highly rated fmancial instItutions and we do not anticipate non-performance. We do not hold or issue derivative finanCIal mstruments for trading purposes. We monitor our hedge positIOns by regularly evaluating the positions at market and by performing sensitivity analyses. In May 2003, we entered into two forward-startmg mterest rate swap agreements. Each mterest rate swap agreement has a notIOnal amount of $87.5 mIllion and effectively fixed the mterest rate on the notional amount at mterest rates rangmg from 2.67% to 2.68%, plus applicable margm The effective date of the swap agreements was February 2004 and each swap agreement expires m February 2007 In March 2004, we entered into two additional three-year interest rate swap agreements. Each interest rate swap agreement has a notional amount of $37.5 mIllIon and effectively fixed the interest rate on the notional amount at an mterest rate of2.25%, plus applIcable margin. We have performed sensItivity analyses to determme how market rate changes wIll affect the fair value of our market risk sensitive hedge positions and all other debt. Such an analysis is mherently lImIted m that It reflects a singular, hypothetical set of assumptions. Actual market movements may vary sIgmficantly from our assumptions. Fair value sensitivity is not necessarily mdIcative of the ultimate cash flow or earmngs effect we would recogmze from the assumed market rate movements. Weare exposed to cash flow nsk due to changes m mterest rates with respect to the net floating rate balances owed at June 30, 2003 and 2004, of $249.4 million and $202.4 million, respectively, includmg floatmg rate debt under our credit faCIlIty, our 2022 Notes, various floating rate notes payable to thIrd partIes and floating rate mumcIpal bond obligatIOns, offset by our debt effectively fixed under mterest rate swap agreements. A one percentage point mcrease in mterest rates on our vanable-rate debt as of June 30, 2003 and 2004, would decrease our annual pre-tax mcome by approxImately $2.5 millIon and $2.0 million, respectively. All of our remammg debt instruments are at fixed rates, or effectively fixed under the interest rate swap agreements descnbed above; therefore, changes m market interest rates under these instruments would not sigmficantly impact our cash flows or results of operations We market a variety of recyclable matenals, mcludmg cardboard, office paper, plastic containers, glass bottles and ferrous and aluminum metals. We own and operate 26 recyclmg processing facilities and sell other collected recyclable matenals to third parties for processing before resale. We often share the profits from our resale of recycled matenals WIth other parties to our recycling contracts. For example, certain of our muniCIpal recycling contracts m Washington, negotiated before we acquired those businesses, speCIfy benchmark resale prices for recycled commodities. If the pnces we actually receIve for the processed recycled commodIties collected under the contract exceed the pnces specified in the contract, we share the excess WIth the municipalIty, after recovering any previous shortfalls resultmg from actual market pnces fallmg below the pnces speCIfied m the contract To reduce our exposure to commodIty price risk with respect to recycled matenals, we have adopted a pricing strategy of chargmg collection and processmg fees for recyclmg volume collected from third partIes Although there can be no assurance of market recoveries, m the event of a declIne, because of the provisions wIthm certam of our contracts that pass commodIty risk along to the customers, we believe, given historical trends and fluctuations in the recyclIng commodities market, that a 10% decrease m average recycled commodity prices from the pnces that were in effect at June 30, 2004 would not materially affect our cash flows or pre-tax income. 21 ITEM 4. CONTROLS AND PROCEDURES Our management, mcludmg our Chief Executive Officer and ChiefFmanclal Officer, evaluated the effectiveness of the design and operatIon of our disclosure controls and procedures, as defined in Rules l3a-15(e) and l5d-15(e) under the Securities Exchange Act of 1934, as of June 30, 2004. Based on that evaluatIOn, the ChIef Executive Officer and ChIef Financial Officer concluded that our dIsclosure controls and procedures were effectIve, in all matenal respects, to ensure that mformatIOn required to be disclosed in the reports we file or submit under the Exchange Act is recorded, processed, summanzed and reported as and when reqUIred. During the quarter ended June 30, 2004, there were no significant changes m our internal controls or in other factors that could slgmficantly affect these controls subsequent to the date they were evaluated in connectIon with the preparation of thIS quarterly report on Form 10-Q. 22 . . . . . . PART II - OTHER INFORMATION ITEM 1. LEGAL PROCEEDINGS We own undeveloped property in Harper County, Kansas, where we are seeklllg permits to construct and operate a municipal solId waste landfill. In 2002, we received a speCial use permIt from Harper County for zoning the landfill and in 2003 we received a draft permit from the Kansas Department of Health and EnvIronment to construct and operate the landfill. In July 2003, the Distnct Court of Harper County invalidated the previously Issued zoning permIt. We have appealed the DIStriCt Court's decision to mvalidate the zOlllng permit. The Court of Appeal heard oral arguments over our appeal on June 16,2004. The Kansas Department of Health and EnvIronment has notified us that it will not issue a final permit to construct and operate the landfill unttl the zOlllng matter IS resolved. At June 30, 2004, we had $4.2 million of capitalized expendItures related to this landfill development project. Based on the advIce of counsel, we believe that we WIll prevail in this matter and do not belIeve that an impairment of the capitalized expenditures exists. If we do not prevail on appeal, however, we will be required to expense in a future period the $4.2 million of capItalized expenditures, less the recoverable value of the undeveloped property and other amounts recovered, whIch would likely have a material adverse effect on our reported lllcome for that period. We are pnmarily self-lllsured for automobile liability, general liability and workers' compensation clmms as a result of our high deducttble programs. We are a party to various clmms and suits pending for alleged damages to persons and property and alleged lIabtlities occurring dunng the normal operatIOns of our solId waste management busllless. On October 31,2003, our subsIdiary, Waste Connections of Nebraska, Inc. was named as a defendant in the case of Karen Colleran, Conservator of the Estate of Robert Rooney v. Waste Connections of Nebraska, Inc. The plaintiff seeks recovery for damages allegedly suffered by Father Robert Rooney when the bIcycle he was riding collIded with one of our garbage trucks in Valley County, Nebraska. The complalllt alleges that Father Rooney suffered serious bodily injury, including traumatic bram injury. The plallltiff seeks recovery of past medical expenses of approximately $430,000 and an unspecIfied amount for future medIcal expenses and home healthcare, past pain and suffering, future pain and suffering, lost income, loss of eammg capacity, and permanent injUry and dIsability. Our primary defense IS that the plamtiff is not entitled to any damages under Nebraska law because the negligence of Father Rooney was equal to or greater than any negligence on the part of our dnver, and we intend to defend thIs case vIgorously on these and other grounds. This case IS m the early stages of discovery, and we have not accrued any potential loss as of June 30, 2004; however, an adverse outcome m this case coupled with a siglllficant award to the plaintiff could have a material adverse effect on our reported income m the penod mcurred. Additionally, we are a party to various legal proceedmgs resulting from the ordinary course of business and the extensive governmental regulation of the solid waste mdustry. Our management does not belIeve that these proceedings, either individually or in the aggregate, are lIkely to have a material adverse effect on our busllless, financIal condition, operating results or cash flows. 23 ITEM 2. CHANGES IN SECURITIES, USE OF PROCEEDS AND ISSUER PURCHASES OF EQUITY SECURITIES . On May 3,2004, we announced that our Board of Directors had authonzed a common stock repurchase program for the repurchase of up to $200 million of our common stock over a two-year penod Under the program, we may repurchase stock in the open market or III privately negotiated transactions from time to time at management's discretion. The timing and amounts of any repurchases will depend on many factors, including our capital structure, the market pnce of our common stock and overall market condihons. The table below reflects repurchases we have made as of June 30, 2004: (In thousands, except share and per share amounts; amounts below reflect our three-for-two split of our common stock in June 2004): Total Number MaxImum of Shares Approximate Dollar Total Number Average Purchased as Value of Shares that of Shares Price Paid Part of Publicly May Yet Be Purchased Period Purchased Per Share Announced Program Under the Program 4/1/04 - 4/30/04 283,350 (1) $ 27.17 N/A 5/1/04 - 5/31/04 682,950 (2) 26.95 637,950 $ 182,806 6/1/04 - 6/30/04 63,000 27.99 63,000 181,042 Total 1,029,300 $ 27.07 700,950 $ 181,042 (I) These shal es were purchased m open market transactIons other than through a publicly announced program This program was approved by our Board of DIrectors on FeblUary 25, 2004 and authonzed us to lepurchase up to approximately $45 mtllion of our common stock from tIme to tIme . (2) Under the program descnbed m footnote 1 above, 45,000 shales of common stock were purchased m open market transactIOns on May 3,2004 . 24 . . . . ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS (Amounts below reflect our three-for-two split of our common stock in June 2004.) Our annual meetlllg of stockholders was held on May 26, 2004. Ron J. Mittelstaedt was elected as a Class III director by the votes llldlcated below. Total Votes For: 39,840,939 Total Votes Withheld: 1,634,452 The term for Mr. Mittelstaedt will run until the date of our annual meetlllg of stockholders III 2007 and untIl a successor has been duly elected and qualified. Continuing in office as Class I dIrectors, whose term runs unhl the annual meetlllg of stockholders in 2005 and until their successors have been duly elected and qualified, were Eugene V. Dupreau and Robert H. Davis. Continuing in office as Class II dIrectors, whose term runs unhl the annual meeting of stockholders in 2006 and until their successors have been duly elected and quahfied, were Michael W. Harlan and William J. Razzouk. The followlllg proposal was adopted at the annual meeting by the votes llldlcated below: To approve the amendment of our Amended and Restated CertIficate ofIncorporation to (a) lllcrease the authorized number of shares of common stock from 50,000,000 to 100,000,000 shares and (b) delete references to the Series A Preferred Stock which converted to common stock upon the completlOn of our imhal public offenng. Total Votes For. 39,084,540 Total Votes Agalllst: 2,373,661 Total Votes Abstallled. 17,190 The followlllg proposal was adopted at the annual meetlllg by the votes llldlcated below: To approve the 2004 Equity Incentive Plan. Total Votes For: 24,081,675 Total Votes Agalllst: 13,864,513 Total Votes Abstained. 52,461 Total Broker No-Vote: 3,476,742 The followmg proposal was adopted at the annual meetlllg by the votes llldlcated below: To rahfy the appollltment of Ernst & Young LLP as our llldependent audItors for Waste Connections for the year 2004 Total Votes For: 40,916,919 Total Votes Against: 547,117 Total Votes Abstained: 11,355 25 ITEM 5. OTHER INFORMATION . (a) In accordance with Rule 416(b) promulgated under the Securities Act of 1933, as amended (the "Secunties Act"), the number of shares of our common stock registered for sale under the Securities Act by the followmg RegIstration Statements on Form S-8 has been deemed to be increased to include the shares of common stock Issued m connection with our three-for-two stock splIt m the form of a 50% stock dividend effected on June 24, 2004 (the "Stock SplIt"), to the extent issued with respect to shares desIgnated by such registration statements but unsold as of the date of the Stock SplIt: Registration Statement on Form S-8 (Reg No. 333-102413) filed with the SEC on January 8,2003; RegIstration Statement on Form S-8 (Reg. No. 333-90810) filed with the SEC on June 19,2002; Registration Statement on Form S-8 (Reg. No. 333- 83172) filed WIth the SEC on February 21, 2002; Registration Statement on Form S-8 (Reg. No. 333- 42096) filed with the SEC on July 24, 2000; Registration Statement on Form S-8 (Reg. No. 333-72113) filed with the SEC on February 10, 1999; and Registration Statement on Form S-8 (Reg. No. 333-63407) filed with the SEC on September 15, 1998. (b) On July 20,2004, our Board of DIrectors approved amendments to our Amended and Restated Bylaws that, among other things, affect the advance notice procedures by which stockholders may recommend nommees for our board of directors, as descnbed m the Proxy Statement for our annual stockholders meetmg held on May 26, 2004. As a result of such amendments, m order to be considered for inclusion in our proxy materials for future annual meetmgs of stockholders, notice of a stockholder's nomination of a person for election to the Board must be received by the Secretary of Waste Connections at our principal executive offices no later than the close of business (California time) on the one hundred twentieth (l20th) day prior to the date which is the same month and day as the date of our proxy statement released to stockholders in connection with the prevIOUS year's annual meetmg To be considered timely, stockholder proposals submitted after this deadline must be delIvered to or mailed and received at our prinCIpal executive offices no later than the close of busmess (California time) on the mnetieth (90th) day prior to the meeting of stockholders. The amendments to our Amended and Restated Bylaws did not otherwIse materially change the procedures governing stockholder nommatIOns of candidates for our Board of DIrectors described . therem and in our most recent Proxy Statement. . 26 . ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K (a) ExhIbits: Exhibit Number 3.1 (r) 3.2 4.1 (a) 4.2 (h) 4.3 (h) (+) 4.4 (h) (+) 4.5 (h)(+) 4.6 (1) 4.7 (i) (+) 48(1)(+) . 4.9 (1) (+) 4 10 (r) 4.11 (r)(+) 10.1 (d) 10.2 (a) 10.3 (a) 10 4 (a) 105 (c) 10.6 (e) 10 7 (e) 10.8 (a) 10.9 (a) . 10.10 (a) Description of Exhibits Amended and Restated Certificate ofIncorporation of the Registrant, 1ll effect as of the date hereof Amended and Restated Bylaws of the Registrant, 1ll effect as of the date hereof Form of Common Stock CertIficate Form of Note for the RegIstrant's 5.5% ConvertIble Subordinated Notes due Apnl15, 2006 Indenture between the Registrant, as Issuer, and State Street Bank and Trust Company, as Trustee, dated as of Apri14, 2001 Purchase Agreement between the RegIstrant and Merrill Lynch, PIerce, Fenner & Smith Incorporated, dated March 30, 2001 Registration Rights Agreement between the Registrant and Mernll Lynch, Pierce, Fenner & SmIth Incorporated, dated as of Apri14, 2001 Form of Note for the RegIstrant's Floating Rate Convertible Subordinated Notes Due 2022 Indenture between the Registrant, as Issuer, and State Street Bank and Trust Company of Cahfomta, N.A., as Trustee, dated as of April 30, 2002 Purchase Agreement between the Registrant and Deutsche Bank Securities Inc., dated Apn1 26,2002 RegIstratIon RIghts Agreement between the Registrant and Deutsche Bank SecuntIes Inc., dated as of Apn1 30, 2002 Form of Note for the RegIstrant's new Floating Rate Convertible Subordmated Notes Due 2022 Form ofIndenture between the RegIstrant, as Issuer, and U.S. Bank NatIOnal ASSOCIation, as Trustee Second Amended and Restated 1997 Stock Option Plan Form of OptIon Agreement Form of Warrant Agreement Form of Stock Purchase Agreement dated as of September 30, 1997 Form of ThIrd Amended and Restated Investors' RIghts Agreement, dated as of December 31,1998 Second Amended Employment Agreement between the Registrant and Darrell Chambhss, dated as of June 1, 2000 Second Amended Employment Agreement between the RegIstrant and MIchael Foos, dated as of June 1, 2000 Employment Agreement between the Registrant and Steven Bouck, dated as of February 1, 1998 Employment Agreement between the Registrant and Eugene V. Dupreau, dated as of February 23, 1998 Form ofIndenmIficatIOn Agreement entered into by the RegIstrant and each of ItS dIrectors and officers 27 Exhibit Number Description of Exhibits . 10.11 (b) (+) Loan Agreement, dated as of June 1, 1998, between Madera Disposal Systems, Inc. and the Cahfornia PollutIOn Control Fmancing Authority 10.12 (b) Employment Agreement between the RegIstrant and David M. Hall, dated as of July 8, 1998 10.13 (g) Employment Agreement between the Registrant and James M LIttle, dated as of September 13, 1999 10.14 (g) Employment Agreement between the RegIstrant and Jerri L. Hunt, dated as of October 25, 1999 1O.15(j) 1O.16(J) 10.17 (k) 10.18 (k) 10.19(1) 1020 (m) 10.21 (n) 10.22 (n) 10.23 (0) 10.24 (p) 10.25 (q) 10.26 10.27 10.28 31.1 31.2 32 (a) (b) (c) (d) Employment Agreement between the Registrant and Kenneth O. Rose, dated as of May 1, 2002 Employment Agreement between the Registrant and Robert D. Evans, dated as of May 10, 2002 2002 Senior Management Equity Incentive Plan 2002 Stock OptIon Plan 2002 Restricted Stock Plan Consultant Incentive Plan Employment Agreement between the RegIstrant and David G. Eddie, dated as of May 15, 2001 Employment Agreement between the Registrant and Worthmg F. Jackman, dated as of April 11, 2003 Amended and Restated Revolving CredIt and Term Loan Agreement dated as of October 22, 2003 Refinancing Facility Amendment to Amended and Restated Revolving Credit and Term Loan Agreement dated as of March 2,2004 Second Amended and Restated Employment Agreement between the Registrant and Ronald J. Mittelstaedt, dated March 1,2004 Amendment No.2 to Amended and Restated Revolving CredIt and Term Loan Agreement, dated May 4, 2004 Nonquahfied Deferred Compensation Plan, dated July 1,2004 2004 EqUIty IncentIve Plan, as amended and restated July 20, 2004 Certification of PresIdent and Chief Executive Officer CertificatIon of ChIef Fmancial Officer Certificate of ChIef Executive Officer and ChIefFmancIal Officer . Incorporated by reference to the exhibits filed WIth the Registrant's RegistratIon Statement on Form S-I, RegIstratIon No. 333-48029. Incorporated by reference to the exhibits filed WIth the RegIstrant's RegIstratIOn Statement on Form S-4, RegIstratIon No. 333-59199. Incorporated by reference to the exhIbIts filed WIth the Registrant's Registration Statement on Form S-4, RegIstratIon No. 333-65615. Incorporated by reference to the exhibit filed with the RegIstrant's Form S-8, filed on July 24, 2000. . 28 . . . .. (e) Incorporated by reference to the exhibit filed with the RegIstrant's Form lO-Q filed on November 14,2000. (f) Incorporated by reference to the exhIbit filed with the RegIstrant's Form 10-Q filed on August 7, 2000. (g) Incorporated by reference to the exhibIt filed with the Registrant's Form 10-K filed on March 13, 2000. (h) Incorporated by reference to the exhIbIt filed wIth the Registrant's Form S-3 filed on June 5, 2001. (i) Incorporated by reference to the exhIbit filed wIth the Registrant's Form S-3 filed on July 29, 2002. U) Incorporated by reference to the exhibIt filed with the Registrant's Form 10-Q filed on August 13, 2002. (k) Incorporated by reference to the exhIbIt filed WIth the Registrant's Form S-8 filed on February 21,2002. (1) Incorporated by reference to the exhibit filed with the Registrant's Form S-8 filed on June 19, 2002. (m) Incorporated by reference to the exhibit filed with the RegIstrant's Form S-8 filed on January 8, 2003. (n) Incorporated by reference to the exhibit filed wIth the RegIstrant's Form 10-Q filed on August 13,2003. (0) Incorporated by reference to the exhibIt filed wIth the Registrant's Form 8-K filed on October 23, 2003. (p) Incorporated by reference to the exhibIt filed wIth the RegIstrant's Form 10-K filed on March 12, 2004. (q) Incorporated by reference to the exhIbIt filed with the Registrant's Form 10-Q filed on Apnl 22, 2004 (r) Incorporated by reference to the exhIbit filed WIth the Registrant's Form T-3 filed on June 16, 2004. (+) FIled wIthout exhIbIts and schedules (to be provided supp1ementally on request of the CommIssIOn). (b) Reports on Form 8-K: On Apnl 15,2004, we filed a report on Form 8-K announcmg the completIOn of the redemptIOn of our $150 mIllion aggregate pnncipal amount, 5.5% ConvertIble Subordinated Notes due 2006. On Apnl 22, 2004, we filed a report on Form 8-K announcmg the results of our earnings for the first quarter of 2004. On Apnl 22, 2004, we filed a report on Form 8-K providmg estImates for certam components of our results of operatIons for the second quarter of2004. 29 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Date: July 22, 2004 Date: July 22, 2004 30 WASTE CONNECTIONS, INC. BY: /s/ Ronald J. Mittelstaedt Ronald J. MIttelstaedt, PresIdent and Chief Executive Officer BY: /s/ Steven F. Bouck Steven F. Bouck, Executive Vice PresIdent and ChIef financIal Officer . . . . . ~ ~ ) l . WASTE CONNECTIONS, INC. Offer to Exchange Floating Rate Convertible Subordinated Notes Due 2022 (CUSIP No 941053AEO) for Any and All Outstanding Floating Rate Convertible Subordinated Notes Due 2022 (CUSIP Nos. 941053AC4 and 941053AD2) Waste ConnectIOns, Inc. IS offering to exchange $1,000 m principal amount of our Floatmg Rate ConvertIble Subordinated Notes Due 2022, or the New Notes, for each $1,000 in principal amount of our outstandmg Floating Rate ConvertIble Subordinated Notes due 2022, or the Old Notes, that is properly tendered and accepted for exchange on the terms set forth in this offering circular and in the accompanying Letter of Transmittal, which we refer to together as the exchange offer See page 22 for how to tender Old N otcs. . The exchange offer WIll expire at 5:00 p.m., New York City time, on July 15, 2004, the expiration date, unless we extend It. We WIll announce any extensions by press release or other permitted means no later than 9.00 a.m , New York City time on the day after expiration of the exchange offer You may wIthdraw tendered Old Notes at any tunc up until 5.00 pm. Ncw York City tlmc on thc cxplration date. The terms of the New Notes are similar to the terms of the Old Notes, but have a net share settlement mechamsm, dIVidend protections, and other Important terms as descnbed in this offenng Circular See page 8 of this offenng clfcular for a summary comparison of the Old Notes to the New Notes. Deutsche Bank Secunties Inc, which has adVIsed us that It is the benefiCIal owner of $69,581,000 pnnclpa1 amount of thc outstandmg Old Notes, or approxImately 40% of the aggregate outstandmg pnncipal amount of the Old Notes, has mformed us that it intends to tender all of the Old Notes that It owns in this exchange offer. Our common stock is traded on the New York Stock Exchange, or NYSE, under the symbol "WCN" On June 14, 2004 the closing sale pnce for our common stock on the NYSE was $42.40 per share. .. THE EXCHANGE OFFER IS DESCRIBED IN DETAIL IN THIS OFFERING CIRCULAR, AND WE URGE YOU TO READ IT CAREFULLY, INCLUDING THE SECTION TITLED "RISK FACTORS," BEGINNING ON PAGE 13 OF THIS OFFERING CIRCULAR, FOR A DISCUSSION OF FACTORS THAT YOU SHOULD CONSIDER BEFORE YOU DECIDE TO PARTICIPATE IN THE EXCHANGE OFFER. NEITHER OUR BOARD OF DIRECTORS NOR ANY OTHER PERSON IS MAKING ANY RECOMMENDATION AS TO WHETHER YOU SHOULD CHOOSE TO EXCHANGE YOUR OLD NOTES FOR NEW NOTES. NEITHER THE SECURITIES AND EXCHANGE COMMISSION (THE "SEC") NOR ANY STATE SECURITIES COMMISSION HAS APPROVED OR DISAPPROVED OF THESE SECURITIES OR DETERMINED IF THIS OFFERING CIRCULAR IS ACCURATE OR COMPLETE. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE. The date of tillS offermg CIrcular IS June 16, 2004. ~ ,/ I l YOU SHOULD ONLY RELY ON THE INFORMATION CONTAINED IN THIS OFFERING CIRCULAR. WE HAVE NOT AUTHORIZED ANYONE TO PROVIDE INFORMATION DIFFER- ENT FROM THAT CONTAINED IN THIS OFFERING CIRCULAR. THE CONTENTS OF ANY WEBSITES REFERRED TO IN THIS OFFERING CIRCULAR ARE NOT PART OF THIS OFFER- ING CIRCULAR. . THIS OFFERING CIRCULAR DOES NOT CONSTITUTE AN OFFER TO EXCHANGE IN ANY JURISDICTION IN WHICH, OR FROM ANY PERSON TO OR FROM WHOM, IT IS UNLAWFUL TO MAKE SUCH OFFER UNDER APPLICABLE FEDERAL SECURITIES OR STATE SECURITIES LAWS. THE DELIVERY OF THIS OFFERING CIRCULAR SHALL NOT UNDER ANY CIRCUMSTANCES CREATE ANY IMPLICATION THAT THE INFORMATION CONTAINED HEREIN IS CORRECT AS OF ANY TIME SUBSEQUENT TO THE DATE HEREOF OR THAT THERE HAS BEEN NO CHANGE IN THE INFORMATION SET FORTH HEREIN OR ANY ATTACHMENTS HERETO NOR IN THE AFFAIRS OF THE COMPANY OR ANY OF ITS SUBSIDIARIES SINCE THE DATE HEREOF. IN MAKING A DECISION IN CONNECTION WITH THE EXCHANGE OFFER. NOTE- HOLDERS MUST RELY ON THEIR OWN EXAMINATION OF THE COMPANY AND THE TERMS OF THE EXCHANGE OFFER, INCLUDING THE MERITS AND RISKS INVOLVED. NOTEHOLDERS SHOULD NOT CONSTRUE THE CONTENTS OF THIS OFFERING CIRCULAR AS PROVIDING ANY LEGAL, BUSINESS, FINANCIAL OR TAX ADVICE. EACH NOTE- HOLDER SHOULD CONSULT WITH ITS OWN LEGAL, BUSINESS, FINANCIAL AND TAX ADVISORS WITH RESPECT TO ANY SUCH MATTERS CONCERNING THIS OFFERING CIRCULAR AND THE EXCHANGE OFFER CONTEMPLATED THEREBY WE ARE RELYING ON SECTION 3(A)(9) OF THE SECURITIES ACT OF 1933, AS AMENDED (THE "SECURITIES ACT") TO EXEMPT THE EXCHANGE OFFER FROM THE REGISTRA TION REQUIREMENTS OF THE SECURITIES ACT WITH RESPECT TO THE EXCHANGE OF THE OLD NOTES FOR THE NEW NOTES. WE ARE ALSO RELYING ON SECTION I8(B)(4)(C) OF THE SECURITIES ACT TO EXEMPT THE EXCHANGE OFFER FROM STATE SECURITIES LAW REQUIREMENTS. WE HAVE NOT FILED A REGISTRATION STATEMENT UNDER THE SECURITIES ACT, OR ANY OTHER FEDERAL OR STATE SECURI- TIES LAWS WITH RESPECT TO THE NEW NOTES THAT MAY BE DEEMED TO BE OFFERED BY VIRTUE OF THIS EXCHANGE OFFER . GENERALL Y, THE SECURITIES ACT PROHIBITS THE OFFER OF SECURITIES TO THE PUBLIC UNLESS A REGISTRATION STATEMENT HAS BEEN FILED WITH THE SEC AND THE SALE OF SECURITIES UNTIL SUCH REGISTRATION STATEMENT HAS BEEN DE- CLARED EFFECTIVE BY THE SEC, UNLESS AN EXEMPTION FROM REGISTRATION IS A V AILABLE. THE EXCHANGE OFFER CONSTITUTES AN "OFFER" OF SECURITIES UNDER THE SECURITIES ACT. HOWEVER, WE ARE AVAILING OURSELVES OF SECTION 3(A)(9) OF THE SECURITIES ACT WHICH PROVIDES AN EXEMPTION FROM REGISTRATION FOR EXCHANGES OF SECURITIES BY THE ISSUER WITH ITS EXISTING NOTEHOLDERS EX- CLUSIVELY WHERE NO COMMISSION OR OTHER REMUNERATION IS PAID OR GIVEN D1RECTL Y OR INDIRECTLY FOR SOLICITING SUCH EXCHANGE. ACCORDINGLY, NO FILING WITH THE SEC IS BEING MADE WITH RESPECT TO THE EXCHANGE OFFER. WE HAVE NEVERTHELESS PREPARED THIS OFFERING CIRCULAR WHICH CONTAINS SUBSTANTIALLY THE SAME INFORMATION WHICH WOULD BE REQUIRED FOR A REGIS- TRATION STATEMENT AND ARE DISTRIBUTING THIS OFFERING CIRCULAR TO THE NOTEHOLDERS. BECAUSE NO FILING WITH THE SEC IS REQUIRED FOR THE EXCHANGE OFFER, THE SEC IS NOT REVIEWING OR COMMENTING ON THE DOCUMENTS USED IN THE EXCHANGE OFFER. . ~ ':r' \,: \ ; ~ ,," .. . TABLE OF CONTENTS Special Note Regarding Forward-Looking Statements Summary. . . . . . . . .. .... . . . Risk Factors Ratios of Earnmgs to Fixed Charges. . . .... . . . . . . . .. ............................. Pnce Range of Common Stock ........ . . . . . . . . . . . . . . . . . . . . . . . . . . .. ........ Stock Repurchase and Dividend Policies. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Capitalization . .... . . . . . . . .. ............. ..... ... . The Exchange Offer. . . . . . . . . . . . . . . . " ........ ......... . Description of the New Notes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Description of Capital Stock.. " . . . . . . .. ......... ......... . . . . . . . . . . . . . . . . Certain United States Federal Tax Considerations. . . . . . . . . .. .. ........................... Where You Can Fmd More Information. ........ ........ . . lL III 1 13 16 17 17 18 19 27 43 43 52 . THIS OFFERING CIRCULAR INCORPORATES BY REFERENCE IMPORTANT BUSINESS AND FINANCIAL INFORMATION ABOUT WASTE CONNECTIONS, INC. THAT IS NOT INCLUDED IN OR DELIVERED WITH THIS DOCUMENT THIS INFORMATION IS AVAILABLE WITH- OUT CHARGE TO NOTEHOLDERS UPON WRITIEN OR ORAL REQUEST TO: OFFICE OF INVESTOR RELATIONS, WASTE CONNECTIONS, INC., 35 IRON POINT CIRCLE, SUITE 200, FOLSOM, CA 95630, (916) 608-8200. IN ORDER TO OBTAIN TIMELY DELIVERY, NOTE HOLD- ERS MUST REQUEST THE INFORMATION NO LATER THAN FIVE BUSINESS DAYS PRIOR TO THE EXPIRATION DATE, OR JULY 10,2004, UNLESS EXTENDED. SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS Certain information contained in this offering circular includes statements that are forward-Iookmg in nature. These statements can be identified by the use of forward-looking terminology such as "believes", "expects", "may", "will", "should" or "anticipates" or the negative thereof or comparable terminology, or by discussions of strategy. Our business and operations are subject to a vanety of risks and uncertainties and, consequently, actual results may differ materially from those projected by any forward-lookIng statements in this offering circular. Factors that could cause actual results to differ from those projected include, but are not lllTIltcd to, the follOWIng . difficulties in making acquisitions, acquiring exclusive contracts and generating internal growth may cause our growth to be slower than expected; . our growth and futurc finanCial performance depend significantly on our ablllty to Integrate acquired businesses mto our organization and operations; . our acquisitions may not be successful, resulting m changes in strategy, operating losses or a loss on sale of the busmess acquired; . . we compete for acquisition candidates with other purchasers, some of which have greater financial resources than we do, and these other purchasers may be able to offer more favorable acquiSition terms, thus ltmitmg our abiltty to grow through acqUIsitiOn; . timing of acquisitions may cause fluctuations in our quarterly results, which may cause our stock price to declme; . rapid growth may strain our management, operational, financial and other resources, . we may be unable to compete effectively with governmental service providers and larger and better capitalized compames, which may result m reduced revenues and lower profits; and . we may lose contracts through competitive bidding, early termInation or governmental action, which would cause our revenues to declIne These risks and uncertaInties, as well as others, are discussed III greater detail in our other filIngs with the SEC, includIng our most recent Annual Report on Form lO-K and subsequent Quarterl)' Report on Form 10-Q You should read carefully the section of thiS offering circular under the heading "Risk Factors" begmning on page 13. There may be additional risks of whIch we are not presently aware or that we currently belIeve are immatenal which could have an adverse Impact on 'our bUSiness. We make no commitment to revise or update any forward-looking statements in this offering circular to reflect events or circumstances after the date of this offering circular. . iii . . . . ~ \ , " ,.' i' nl , , , . SUMMARY This summary does not contain all the information you should consider before exchanging your Old Notes for the New Notes. You should read this entire offering circular carefully, as well as those additional documents to which we refer you. See "Where You Can Fmd More InformatIOn." References m this offering circular to "Waste Connections", "we", "us", "our", "the company" and "our company" refer to Waste Connections, Inc. and its subsidiaries and all references to "solId waste" mean non-hazardous solId waste unless othemise specified. Our Exchange Offer We have summarized the terms of the exchange offer in this section. Before you decide whether to tender your Old Notes in the exchange offer. you should read the detailed descnptlOn of the exchange offer under ''The Exchange Offer" for further information. Reasons for the Exchange Offer. . . . . . We beheve that It is m the best interests of our company and our stockholders to have convertible notes that contain terms that are now prevalent in the convertible note market, includmg the preva- lence of net sharc settle and dividend protection provisions. Net share settle proviSIOns - In April 2004, our total leverage and debt-to-capItal ratios declined to record low levels when, In re- spon~e to our call for redemption, approximately 80% of our previously outstandmg 51/2% Convertlble Subordinated Notes due 2006 converted into our common stock. The net share settle provisions being mtroduced in this exchange offer will allow us to substitute cash for the pnncipal value portIOn of the conversion value due holders of the New Notes under certain conversion scenanos, thereby reducing the number of shares of common stock issued upon such conversions of the New Notes. DlVldend protection provlslOn~ - Since the Old Notes were issued in May 2002, changes in tax law and investor sentiment have made cash dlVldends more attractive. Our credit faCility was recently amended to provide us With the ability to pay annual cash divi- dends of up to $50.0 million plus option proceeds. We believe that most new convertible notes Issued smce mid-2003 have mcluded terms that adjust the conversIOn price upon payment of a cash diVidend. similar to the provisions being mtroduced in this ex- change offer. Terms of the Exchange Offer . We are offering to exchange $1,000 m pnncipal amount of New Notes for each $1,000 in principal amount of our Old Notes accepted for exchange New Notes will be issued in denominations of $1,000 and any integral multiple of $1,000. You may tender all, some or none of your Old Notes Expiration Date; Extension, Termination The exchange offer and your withdrawal nghts Will expIre at 5'00 p m New York City time, on July 15,2004, or any subsequent date to which we extend It. We may extend the expiration date for any reason; we will announce any extensions by press release or other permitted means no later than 9:00 a.m, New York City time, the day after the previously scheduled expiration date You ~ must tender your Old Notes prior to the expiratlOn date if you wish to participate in the exchange offer. We have the right to: . extend the period during which the exchange ofTer is open and retain all tendered Old Notes; . . waive any condition or otherwise amend the terms of the exchange offer in any respect, prior to the expiration date; or . terminate the exchange offer prior to our acceptance of any previously tendered Old Notes If any of the conditions to the exchange offer are not satisfied. Conditions to the Exchange Offer .. . The exchange offer is subject to customary conditions. Please read the section titled "The Exchange Offer - Conditions to the Ex- change Offer," beginmng on page 21 of this offering circular, for more information. You may withdraw tendered Old Notes at any time up until 5:00 p.m New York City time on the expiration date, or any subsequent date to which we extend It. See "The Exchange Offer - Withdrawal of Tenders" for a more complete description of Withdrawal provisions. If you hold Old Notes through a broker, dealer, commercial bank, trust company or other nominee, you should contact that person promptly If you Wish to tender your Old Notes. Tenders of your Old Notes will be effected by book-entry transfers through The Depository Trust Company. If you hold your Old Notes through a broker, dealer, commercial bank, trust company or other nominee, you may also comply with the procedures for guaranteed delivery. Please do not send letters of transmittal to us. You should send those letters to U.S Bank National Association (succes&or to State Street Bank and Trust Company of California, N.A.), the ex- change agent, at the address set forth on the back cover of this offering Circular. The exchange agent can answer your questlOns regarding how to tender your Old Notes. If all the conditions to the exchange offer are satisfied or waived prior to thc cxpiration date, we wIll accept all Old Notcs propcrly tendered and not withdrawn prior to the expiration of the exchange offer and will issue the New Notes promptly after the expiration date. We will Issue New Notes in exchange for Old Notes that are accepted for exchange only after receipt by the exchange agent of (i) a timely book-entry confirmation of transfer of Old Notes mto the exchange agent's DTC account or, if tender is made through an ehgible instltulton, a notice of guaranteed dehvery and (ii) a properly completed and executed letter of transmittal or an elec- tronic confirmation pursuant to DTC'& Automatic Tender Offer Program. Our oral or written notice of acceptance to the exchange agent Will be considered our acceptance of the exchange offer Accrued Interest on Old Notes. . ... Intere&t on the New Notes will accrue from the last mterest payment date on which interest was paid on the Old Notes. Holders whose Old Notes are accepted for exchange will be deemed to have Waived the right to receive any interest accrued on the Old Notes. Withdrawal Rights . Procedures for Tendering Old Notes. Acceptance of Old Notes.. ..... . . . 2 . . . ,," ~'" '" Amendment of the Exchange Offer. . Consequences of Not Exchanging Old Notes. . . . . .. . . . . . . Use of Proceed~; Fees and Expenses of the Exchange Offer. . . . . Tax Consequences Deciding Whether to Participate in the Exchange Offer. .. ................ Exchange Agent RISk Factors . . We reserve the nght not to accept any of the Old Notes tendered and to otherwise mterpret or modify the terms of the exchange offer, provided that we will extend the penod dunng which notes may be tendered or withdrawn as a result of changes in the terms of or information relatmg to the exchange offer. If you do not exchange your Old Notes III the exchange offer, the lIquidity of any trading market for Old Notes not tendered for exchange, or tendered for exchange but not accepted, could be significantly reduced to the extent that Old Notes are tendered and accepted for exchange m the exchange offer. We will not receIVe any ca~h proceeds from the exchange offer. Old Notes that are properly tendered and not withdrawn, and ex- changed pursuant to the exchange offer, will be retIred and can- celed. We estimate that the total fees and expenses of the exchange offer will be approximately $175,000. You generally should not recognize any gain or loss for United States federal income tax purposes as a result of an exchange of Old Notes for New Notes. Please see the section titled "Certam United States Federal Tax Considcrations" begmnIng on page 43 of this offerIng cilcular Neither we nor our officers or dIrectors make any recommendatIOn as to whether you should tender or refrain from tendenng all or any portIOn of your Old Notes in the exchange offer. Further, we have not authorized anyone to make any such recommendation. You must make your own decision as to whether you should tender your Old Notes m the exchange offer and, if so, the aggregate amount of Old Notes to tender after reading this offering circular, including the "Risk Factors" and the letter of transmittal and consulting with your advisors, if any, ba~ed on your own financial position and reqUIrements. U.S. Bank N ational As~ociation (successor to State Street Bank and Trust Company of CalIfornia, N.A.). You should consider carefully the matters descnbed under "Risk Factors," beginning on page 13 of this offering circular as well as other mformatlOn set forth in this offering circular and in the accompanymg letter of transmittal before you deCIde to participate m the exchange offer. 3 '. . New Notes We have summanzed the terms of the New Notes in thIs section. Before you decIde whether to tender your Old Notes in the exchange offer, you should read the detailed description of the New Notes under "Description of the Nevv Notes" for further information. Issuer . . . . . . . . . . . .. ........ Waste Connections, Inc. Up to $175 mIllIon in aggregate principal amount of Floating Rate Convertible Subordinated Notes Due 2022. New Notes Offered ..... Maturity. . . May I, 2022. Interest. . . . . . . .. ....... Interest will accrue at a per annum rate equal to 3-month LIBOR plus 0.50%, adjusted quarterly. Notwithstanding any such adjust- ments, the mterest rate on the New Notes will never be less than zero. Interest Payment Datcs .. . May I, August 1, November 1, and February 1 begmning Au- gust I, 2004. Ranking . ., . The New Notes will be unsecured and rank junior to our existing and future Senior Indebtedness as that term is defined in "Descrip- tIOn of the New Notes - Subordination"; provided, however that Senior Indebtedness does not include the Old Notes. The New Notes wIll be effectively subordinated to all existing and future mdebtedness and other liabilities of our subsidiaries. The New Notes will rank pan passu vvith the Old Notes. The Indenture under which the New Notes will be issued (the "Indenture") will not restnct our ability to Incur Senior Indebted- ness or other indebtedness, nor will It restrict the abilIty of our subsldianes to mcur Indebtedncss. As of March 31, 2004, we had $265.4 mIllion of semor indebtedness and $590 4 million of total Indebtedness. . Conversion Rights. . . . . . . Holders may surrender New Notes for conversIOn into cash and, If applicable, shares of our common stock prior to the matunty date, only if any of the following conditions IS satisfied. . the closing sale price of our common stock for at least 20 trading days in the period of 30 consecutive trading days ending on the last tradIng day of the quarter precedIng the quarter in whIch the conversion occurs, IS more than 110% of the conversion price per share of our common stock on that 30th trading day, . we have called the New Notes for redemptIOn; . during such period, if any, that the credit rating assigned to the New Notes by Moody's Inve~tors Service, Inc. and Standard & Poor's Rating Group IS below B3 or B-, respectIvely, or If neIther ratmg agency IS ratmg the New Notes; . during the five business day period after any nine consecutIve trading day period in which the trading price of the New Notes (per $1,000 principal amount) for each day of such period was less than 95% of the product of the closing sale price per share of our common stock multiplied by the number of ~hares of our . 4 "'I' . common stock issuable upon conversion of $1,000 pnncipal amount of the New Notes; or . upon the occurrence of specified corporate transactions de- scribed below under "DescnptlOn of the New Notes - Conver- sion Rights" Conversion Price; Adjustments Holders exercismg theIr conversIOn rights may convert any out- standing New Notes mto cash. and if applicable, shares of our common stock at an initial conversion price of $48.39 per share, which is equal to 206654 shares per $1,000 in principal amount of New Notes. The conversIOn price may be adjusted for certain reasons, but will not be adjusted for accrued interest. Upon conversion, the holder will not receive any cash payment representing accrued interest. See "DescriptIon of the New Notes - Conversion Pnce Adjustments" . Subject to certaIn exceptIons described In "Description of the New Notes," once New Notes are tendered for conversion, the value (the "ConverslOn Value") of the cash and shares of our common stock, if any, to be receIved by a holder converting $1,000 principal amount of the New Notes will be determined by multiplymg the Conversion Rate by the Ten Day Average Closing Stock Price (as defined below). We will deliver the Conversion Value to holders as follows: (I) an amount In cash (the "PrIncipal Return") equal to the lesser of (a) the aggregate ConversIOn Value of the New Notes to be convertcd and (b) the aggregate principal amount of the New Notes to be converted, (2) If the aggregate Conversion Value of the New Notes to be converted is greater than the Principal Return, an amount m whole shares (the "Net Shares"), deter- mined as set forth below, equal to such aggregate Conversion Value less the Prmclpal Return (the "Net Share Amount"), and (3) an amount in cash in lieu of any fractional shares of common stock. We WIll pay the PrinCIpal Return and cash in heu of fractional shares and deliver the Net Shares, If any, as promptly as practIcable after determmatlOn of the Net Share Amount The number of Net Shares to be paId will be determined by dIviding the Net Share Amount by the Ten Day Average Closmg Stock Pnce The Ten Day Average Closmg Stock Pnce WIll be the average of the clOSIng per share pnces of our common stock on the New York Stock Exchange on the ten consecul1ve trading days begInnIng on the second tradIng day following the day the New Notes are submitted for conversIOn. . In additIon, If we declare a ca&h diVIdend or cash dIstribution to all of the holders of our common stock, under certain circumstances, thc ConvcrslOn Pnce shall be decrcased to equal the pnce deter- mined by mull1plymg the Conversion Price m effect immediately prIor to the record date for such dividend or distribution by the following fractIOn. (Pre-Dividend Sale Price.- Divid~nd Adjustment Amol1.!!~L (Pre-Dividend Sale Price) 5 "Pre-DivIdend Sale PrIce" means the average common stock prIce for the three consecutive tradmg days ending on the trading day immedIately preceding the record date for such dividend or distri- butIOn. "Dividend Adjustment Amount" means the full amount of the dividend or distribution to the extent payable m cash applicable to one share of our common stock. . The "common stock price" on any date means the cloSIng sale price per share (or if no closing sale prIce IS reported, the average of the bid and ask prices or, if more than one in either case, the averagc of thc average bid and the average ask prIces) on such date for our common stock as reported in composite transactions on the prIncipal natIOnal securIties exchange or other quotation system on which our common stock IS quoted or listed or admitted to trading on such day or, if our common stock is not quoted or listed or admitted to trading on a national securities exchange or quotation <;ystem, as reported by the National Quotation Bureau Incorpo- rated, or similar generally accepted reportIng service. A "trading day" means any regular or abbreviated trading day of the New York Stock Exchange. See "DescriptIOn of the New Notes - Conversion PrIce AdJustments" OptIonal Redemption. . . . We may redeem the New Notes at any time on or after May 7, 2006, at specIfied prices, plus accrued and unpaId interest Mandatory Redemption. . . . . . . . . . . .. Except as set forth under "Description of the New Notes - Right to Require Purchase of New Notes upon a Change in Control" and "- Repurchase of New Notes at the Option of the Holder," we are not reqUIred to make mandatory redemption of, or sInkmg fund payments WIth respect to, the New Notes. . Repurchase of New Notes at the Option of the Holder Change in Control ... .. You may require us to repurchase your New Notes on May I of 2009, 2012 and 2017 for a purchase price equal to 100% of the prIncipal amount of the New Notes plus accrued interest. The purchase price IS payable in cash. See "Description of the New Notes - Repurchase of New Notes at the OptIOn of the Holder." Upon the occurrence of a Change in Control, as that term is defined III "Description of the New Notes - Right to Require Purchase of New Notes upon a Change in Control", you WIll have the right to require us to repurchase your New Notes at a purchase prIce equal to 100% of the principal amount, plus accrued and unpaId interest to the date of repurchase. The purchase prIce IS payable III cash . 6 . . . The Company Waste Connections, Inc , a Delaware corporation organized in 1997, is an integrated solid waste services company that provides solid waste collection, transfer, disposal and recycling services m mostly secondary markets m the Western and Southern United States. As of March 31, 2004, we served more than one million commercial, industnal and reSidential customers from a network of operations in 23 states: Alabama, Arizona, California, Colorado, Georgia, Illinois, Iowa, Kansas, Kentucky, Mmnesota, MiSSISSippi, Montana. Nebraska, New MexIco, OhIO, Oklahoma, Oregon, South Dakota, Tennessee, Texas, Utah, Washington, and Wyoming. As of that date, we owned 103 collectIOn operations, operated or owned 33 transfer statIOns, operatcd or owned 33 Subtitle D landfills, owned two construction and demolitIOn landfills and operated or owned 26 recycling facilities. We also owned one Subtitle D landfill site that is permitted for operation, but not constructed as of March 31, 2004. Our growth strategy focuses on expanding into secondary markets located primarily in the Western and Southern United States that have strong demographic growth trends and where competitIve barners to entry can be developed. We target markets where we can either (i) proVide waste collection services under franchises, exclusive contracts or other arrangements, or (il) garner a leading market position and provide vertically integrated collection and disposal service~ We generally seek to avoid operating m highly competitive, larger urban markets. Weare a leading provider of solid waste services in most of our markets, and more than 50% of our revenues are derived from market areas where we have franchise or exclusive rights to prOVide our services. We have focused on secondary markets mostly in the Western and Southern United States because we believe that in tho~e areas. (i) there is a greater opportunity to enter into exclusive arrangements; (Ii) there is less competition from larger solid waste services companies; (iii) strong economic and population growth rates are projected, and (iv) there remain a number of mdependent solid waste services companies ~uitable for acquisition. We have developed a two-pronged busmess strategy tailored to the competitive and regulatory factors that affect our markets: . Control the Waste Stream In markets where waste collection services are provided under exclusive arrangements, or where wa~te disposal is municipally funded or available at multiple mumclpal sources, we believe that controlling the waste stream by prov1ding collection services IS often more Important to our growth and profitability than owmng or operatmg landfills. In addItIOn, contracts in some westt:m U.S. markets dictate the disposal facility to be used. The large size of many western states increases the co~t of mterstate and long haul disposal, heightening the effects of regulatIOns that direct waste disposal, whIch may make it more difficult for a landfill to obtain the disposal volume necessary to operate profitably In markets with these charactenshcs, we beheve that landfill ownership or vertical integration is not as critical to our success. . Provide Vertically Integrated ServIces In markets where we belIeve that owning landfills IS a strategic element to a collection operatIOn because of competitive and regulatory factors. we generally focus on providmg integrated serVices, from collection through disposal of solid waste m landfills that we own or operate. During the three month penod endmg March 31, 2004, approximately 69% of waste we collected in our markets was disposed of at landfills we owned or operated. Our cxecutIve offices are located at 35 Iron Point Circle, SUite 200, Folsom, Cahforma 95630. Our telephone number is (916) 608-8200 Our website is www wasteconnectlOns com. The information provided on our website IS not incorporated into tll1S offenng Circular. Our common stock is traded on the NYSE under the symbol "WCN". For additIOnal mformation concermng our company, please see "Where You Can Find More Information" on page 52 of th1S offering CIrcular. 7 . Issuer . .. . Notes Offered Interest Payment Dates. . Interest ..... Matunty. . . Conversion Rights . Old ~otes Summary Comparison of the Old Notes to the New Notes New Notes Waste Connections, Inc $175 million in aggregate principal amount of Floating Rate Convertible Subordinated Notes Due 2022 Issued under an Indenture dated as of April 30. 2002 between our company and U.S. Bank National Association (successor to State Street Bank and Trust Company of California, N.A.), as trustee. Payable on May 1, August 1, November I and February I of each year. 3-month LlBOR plus 0.50%, adjusted quarterly. May 1, 2022. Holders of the Old Notes may convert their Old Notes mto shares of our common stock during any time commencing after August 1, 2002 and prIor to the maturity date in any of the following circumstances. . the closing sale price of our common stock for at lea~t 20 trading days In the period of 30 consecutive tradmg days ending on the last trading day of the quarter preceding the quarter in which the conversion occurs IS more than 110% of the conversion price for the Old Notes on that 30th trading day . we have called the Old Notes for redemption. . the credit rating assigned to the Old Notes by both Moody's Investors ServIce, Inc. and Standard & Poor's Rating Group is below a speCified level, or if neither rating agency is rating the Old Notes. Same as the Old Notes. Up to $175 million in aggregate prIncIpal amount of Floating Rate Convertible Subordmated Notes Due 2022 to be issued under a new Indenture between our company and U.S. Bank National Association, (successor to State Street Bank and Trust Company of California, N.A.), as trustee. Same as the Old Notes. Same as the Old Notes. Same as the Old Notes. Same terms as the Old Notes. except that upon conversion of the New Notes at any time on or prior to the business day immediately preceding the maturity date, Holders WIll receive cash, shares of common stock, or cash and shares of common stock, as deSCrIbed under "Description of the New Notes- Conversion Rights" . . 8 . . . Old Notes New Notes . during the five busmess day period Immediately following any nine consecutive tradmg day period in which the trading price per $1,000 in principal amount of the Old Notes for each day of such period was less than 95% of the product of the closing sale price of our common stock on that day multiplied by the number of shares of our common stock Issuable upon conversion of $1,000 m pnncipal amount of the Old Notes. . upon the occurrence of specified corporate transactIOns 9 New Notes . Old l'\ote~ Conversion Price .. .. . The Old Notes may be converted into our common stock at the imtlal converSIOn price per share of $48.39. This represents a conversion rate of approximately 20.6654 shares of our common stock per $1,000 in pnncipal amount of Old Notes The converSIOn price may be adjusted for certam transactions affectmg our common stock, but will not be adjusted for accrued mterest Upon converSIOn, the holder Will not receive any cash payment representing accrued and unpaid mterest, if any. Same terms as the Old Notes except that: ' (i) subject to certain exceptwns descnbed in "Descnption of the New Notes", once Notcs are tendered for conversion, the Conversion Value of the cash and shares of our common stock, if any, to be recelVed by a holder converting $1,000 principal amount of the New Notes will be determined by multiplying the ConverSiOn Rate by the Ten Day Average Closing Stock Price We will deliver the Conversion Value to holders as follows. (1) an amount in cash (the "Principal Return") equal to the lesser of (a) the aggregate Converswn Value of the New Notes to be converted and (b) the aggregate principal amount of the New Notes to be converted (2) if the aggregate Conversion' Value of the New Notes to be converted is greater than the Principal Return, an amount in whole shares (the "Net Shares"), determined as set forth below, cqual to such aggregate Conversion Value less the PrinCipal Return (the "Net Share Amount"), and (3) an amount in cash in lieu of any fractional shares of common stock. The number of Net Shares to bc pmd Will bc determmed by dividing the Net Share Amount by the Ten Day Average Closmg Stock Price. Thc Tcn Day Avcrage Closmg Stock Price will be the average of the closing per share prices of our common stock on the New York Stock Exchange on the ten consecutive trading days begmmng on the second tradmg day followmg the day the New Notes are submitted for conversion. Upon conversion of the New Notes under the circumstances described under "Description of the New Notes - Conversion upon Credit Rating Event." and . . 10 . . . Old Note~ Optional Redemption of the Notes. . At any time on or after May 7, 2006, subject to the con<;ent of the lenders under our credit facil1ty, the Old Notes are redeemable at our optIOn, in whole, or from time to timc, in part, on not less than 30 days' notIce Thc redemption price, expressed as a percentage of the princIpal amount, is 102% from May 7, 2006 through April 30, 2007, and 10 1 % from May 1, 2007 through Apnl 30, 2008, and 100% of the pnnclpal amount on or after May I, 2008, plus accrued and unpaid Interest thereon to the redemptIOn date. New Notes "- Conversion upon SatIsfaction of TradIng Price Condition", we will deliver, at our option, cash, shares of common stock, or a combination of cash and shares of common stock; (ii) under certain CIrcumstances. we WIll adjust the conversion price If we declare a dividend or dIstnbutlOn to all of the holders of our common stock, and (iii) the conversion price may be adjusted if we or one of our subsidianes makes a payment in respect of a tender or exchange offer, other than an odd-lot offer, for our common stock which involves an aggregate consideration that, together With any cash and other consideration payable In respcct of any tcnder or exchange offer by us or one of our subsidIaries for shares concluded Within the preceding 12 months, exceeds 10% of our aggregate market capitalIzation on the expiration of the tender or exchange offer See "DescriptIOn of the New Notes - Conversion Rate Adjustment". Same terms as the Old Notes 11 New Notes . Repurchase of the Notes at the OptIOn of the Holder ........... Events of Default. . . . . . . Old :\"ote~ A holder of Old Notes has the right to require us to purchase all or a portion of such holder's Notes on May 1,2009, May 1,2012 and May 1,2017. We will repurchase the Old Notes for an amount of cash equal to 100% of the principal amount of the Old Notes on the date of purchase, plus accrued and unpaid interest, up to but not including the date of repurchase, payable in cash. . Default in the payment of principal, or default for 30 days in payment of any mterest; . Failure to pay when due the pnncipal of or interest on mdebtedness for money borrowed by us or our subsIdIaries in excess of $20.0 million, or the acceleratIOn of that mdebtedness that IS not wIthdrawn, wIthin 15 days of written notice thereof; . Failure to cure within 60 days a default in performance or breach of any of the covenants in the indenture; or . Certam events of bankruptcy, insolvency or reorganization. Same terms as the Old Notes. Same terms as the Old Notes. . . 12 . RISK FACTORS You should carefully consIder the rIsks described below before you decide to exchange your Old Notes for the New Notes. The rIsks and uncertaInties set forth below arc not the only nsks and uncertaIntIes that we face. AddItional risks and uncertaintIes not presently known to us or that we currently deem immaterIal may also impair our business and results of operations. If any of the following risks actually occur they could materIally and adversely affect our business, financial condItion or operating results In that case, the trading price of our common stock could decline, which in turn could result in a decline m the tradmg price of the New Notes or the loss of all or a part of your Investment You should also consider nsk factors set forth under the headings "Risks Related to Our BusIness" and "Risks Related to Our Industry" in our most recent Annual Report on Form 10-K, filed 'With the SEC on March 12, 2004, which arc mcorporated by reference hereIn. RISKS RELATING TO THE EXCHANGE OFFER . If an acthe market for the New Notes fails to develop or is not sustained, the trading price and liquidity of the New Notes could be materially and adversely affected. Prior to the exchange offer, there has been no trading market for the Ne'W Notes. The liquidIty of the trading market for the New Notes will depend in part on the level of participation of the holders of Old Notes III the exchange offer The greater the partIcipation III the exchange offer, the greater the liqUIdity of the tradmg market for the New Notes and the lesser the liquidity of any trading market for the Old Notes not tendered in the exchange offer. As a result, we cannot assure )'ou that any market for the New Notes will develop or. if one does develop, that It will be maintamed. If an active market for the New Notes fails to develop or be sustaIned, the tradmg price and liquidIty of the New Notes could be matenally adversely affected. If you do not exchange your Old Notes, there may be a substantially smaller public trading market for your Old Notes and the market price of your Old Notes may decline. If the exchange offer IS consummated, the tradmg and the liquidIty of the market for the Old Notes may be SIgnificantly limited. As a result, the unexchanged Old Notes may trade at a dIscount to the pnce at which they would trade if the transactions contemplated by this offering circular were not consummated, subject to the market for similar seCUrItIes and other factors. We cannot assure you that an actIve market In the unexchanged Old Notes will eXist or be maIntained and we cannot assure you as to the prices at which the unexchanged Old Notes ma)' be traded Our Board of Directors has not made a recommendation with regard to whether or not you should tender your Notes in the exchange offer nor has our company obtained a third-party determination that the exchange offer is fair to holders of the Old Notes. We have deSIgned the New Notes to have terms substantially similar to the Old Notes The exchange offer has been unammously approved by our board of directors We are not, however, makIng a recommenda- tion whether holders of Old Notes should exchange their notes. We have not retaIned and do not intend to retalll any unaffillated representatIve to act solely on behalf of the holders for purposes of negotlatmg the terms of the exchange ofTer and/or preparIng a report concerning the faIrness of the exchange offer We cannot assure holders of the Old Notes that the value of the New Notes received in the exchange offer will III the future equal or exceed the value of the Old Notes tendered and we do not take a pOSition as to whether you should participate in the exchange offer. . 13 You should consider the U.S. Federal Income Tax consequences of exchanging your Old Notes for New Notes in the exchange offer. Although the matter is not free from doubt, we beheve that the exchange of Old Notes for New Notes should not be treated as an "exchange" for United States federal income tax purpo&es, and, as a result, that you generally should not recognize any gain or loss as a result of the eAchange However, there can be no assurance that the Internal Revenue Service will agree wIth this conclusIOn Even if the exchange of Old Notes for New Notes is treated as an "exchange" for United States federal income tax purposes, you generally should not recognize any gain or loss as a result of the exchange provided that the Old Notes and the New Notes constitute "securities" for United States federal Income tax purposes, although the New Notes may be treatcd as havIng been issued at a discount or premium. Tax matters are complIcated. You are urged to consult your tax advisor regarding the tax consequences of participating in the exchange otTer and the ownershIp of New Notes. For a discussion of certain United States federal income tax considerations related to the exchange and the New Notes, see "Certain Umted States Federal Tax Considerations." . RISKS RELATED TO THE NEW NOTES Our indebtedness could adversely affect our financial condition; we may incur substantially more debt by increasing our costs and limiting our ability to take actions that would increase our revenue and execute our growth strategy. As of March 31. 2004, we had $590.4 millIon of total Indebtedness outstandIng. After giving efTect to the redemption of our 5'/,% Convertible Subordinated Notes due 2006 in April 2004, and assuming that all of the Old Notes are tendered In the Exchange OfTer, as of March 31. 2004, we had $467.9 million of total indebtedness. Our Indebtedness could have important consequences to you. For example. it could: . increase our vulnerability to general adverse economic and Industry conditions; . lImit our abilIty to obtaIn additional financIng; . require the dedication of a sub&tantial portIOn of our cash flow from operations to the payment of pnncipal of, and mterest on, our indebtedness, thereby redUCIng the availabIlity of such cash now to fund our growth strategy. working capItal, capItal expenditures and other general corporate purposes; . limit our fleXIbility in planning for, or reacting to. changes In our business and the Industry; and . place us at a competItive dIsadvantage relatIve to our competitors with less debt. We may Incur substantIal additional debt In the future The terms of our credit faCIlity and the Old Notes do not fully prohibit us from doing so. If new debt is added to our current levels, the related risks described above could intensify. . The New Notes are subordinated to Senior Indebtedness, so that in the event of a default, our Senior Indebtedness would be repaid in full before any payment is made on the New Notes. LIke the Old Notes, the New Notes are unsecured and subordinated In nght of payment to all of our existing and future Semor Indebtedness, which IS defined under "DescnptlOn of the New Notes- SubordInation." As a rcsult, in the event of bankruptcy, hqUldatIon or reorganizatIOn or upon acceleratIOn of the New Notes due to an Event of Default, as defined below. and in specific other events, our assets will be available to pay oblIgatIons on the New Notes and on convertIble subordInated indebtedness ranking pari passu with the New Notes only after all Semor Indebtedness has been paid In full in cash or other payment satisfactory to the holders of SenIor Indebtedness. There may not be suffiCIent assets remaining to pay amounts due on any or all of the New Notes then outstanding. The New Notes are also effectively subordinated to the indebtedness and other habllities, Including trade payables, of our subsidiaries. The Indenture does not prohibit or limit the Incurrence of SenIor Indebtedness or the l11currence of other indebtedness and other liabilities by us Our credit facility provides for borrOWIng of up to $600.0 million . 14 . mcluding the refinancing of the term loan portion of the credit facility that occurred on March 2, 2004 The incurrence of additIOnal indebtedness and other habilitle~ could adversely affect our abIlity to pay our obligatlOn~ on the New Notes. As of March 31,2004, after giving effect to bOlTowings we inculTed to redeem our 5'/2% Convertible Subordinated Notes due 2006 in April 2004, we had $292.9 million of Senior Indebtedness to which the New Notes would be subordmated in nght of payment. We anticipate that from time to time, we and our subsIdiaries will mcur addItional indebtedness, IncludIng Semor Indebtedness. After giving effect to the redemption of our 5'/2% Convertible Subordinated Notes due 2006 in Apri] 2004, and assuming that all of the Old Notes are tendered in the Exchange Offer, as of May 31, 2004, we had no outstandmg indebtedness that would rank pan passu wIth the New Notes. Holders of the New Notes will suffer immediate dilution in net tangible book lalue on com'crsion of the New Notes into common stock. Net tangible book value repre~ents the amount of our tot a] tangible assets less total liabilities. If holders receive shares of common stock upon conversion of the New Notes, those holders will suffer immedIate substantial dIlutIOn In the net tangible book value per share of the common stock Issued upon such conversIOn. We may not be able to repurchase the New Notes when required to. On May I of 2009, 2012 and 2017 or upon the occurrence of a Change in Control, holders of the New Notes may requirc us to offer to repurchase their New Notes for cash. In addition, holders of the Old Notes have similar nghts under the indenture govermng the Old Notes. We may not have suffiCient funds at the tnne of any such events to make the required repurchases. . The source of funds for any repurchase required as a result of any such events will be our available cash or cash generated from operating activities or other sources, including borrowings, sales of assets, sales of equity or funds provIded by a new controlling entity. We cannot a~sure you, however, that sufficient funds will be available at the time of any such events to make any required repurchases of the New Notes tendered Furthermore, the use of aVallab]e cash to fund the repurchase of the New Notes may impaIr our ability to obtain additional financing in the future The New Notcs are unsccured obligations of our company and will be effcctively subordinated to any present or future obligations to secured creditors and liabilities of our subsidiaries. Like the Old Notes, the New Notes are unsecured obligations of our company and WIll be effectively subordinated to any present or future secured debt. In the event of our insolvency, the assets securing any future secured facilities would be available to satisfy the claims of our secured lenders pnor to any application of those a~sets to payment of other credItors, including the holders of the New Notes In addition, the Old Notes are, and the New Notes will be, structurally subordmated to all liabilities of our subsidIaries. Further, the Indenture governing the New Notes does not limit the incurrence of semor debt or the incurrence of other debt and liabIlItIes by us or our subSIdIaries. The incurrence of additional debt and other liabIlities could lmpcde our abIlity to pay obligations on our New Notes. There is no current market for the New Notes, and it is uncertain whether an active trading market will develop. Lack of an active trading market for the New Notes may cause the price of the New Notes to decline. . There is no established trading market for the New Notes, and a market for the New Notes may not develop or, If developed, be maintained. We do not intend to apply to list the New Notes for trading on any secunties exchange. If an actIve market for the New Notes fails to develop or be maintained, their price may decline Furthermore, If a market were to develop, the market price for the New Notes may be adversely affected by changes In our financIal performance, changes in the overall market for SImIlar securities and pClformancc or prospects for compamcs in our mdustry. 15 RATIOS OF EARNINGS TO FIXED CHARGES . Ratios of earnings to combined fixed charges .. Year Ended December 31, 1999 2000 2001 2002 2003 2.7x 26x 2.6x 3.6x 4.0x Three Months Ended March 31, 2004 4.5x For purposes of computing the ratios of earnings to combined fixed charges, earnings represent pre-tax income from continuing operations plus fixed charges. Combined fixed charges represent interest expense and the portion of rents representative of interest related to continuing operations. . . 16 . PRICE RANGE OF COMMON STOCK Our common stock currently trades on the NYSE under the symbol "WeN". The closing sale price of our common stock on the NYSE on June 14, 2004 was $42.40 per share There is no established trading market for the Old Notes. As of May 31. 2004, there were 31,918,262 shares of common stock issued and outstandmg and there was $]75,000,000 In principal amount of the Old Notes outstanding. The followmg table sets forth, for the periods mdlcated, the high and low sales prices per share for our common stock, as reported on The Nasdaq Stock Market - National Market for the periods indicated through October 23,2002, and as reported on the New York Stock Exchange beginning October 24, 2002. For current pnce information, you should consult publicly available sources. 2002 FlfSt Quarter Sccond Quarter Third Quarter .. Fourth Quarter . 2003 First Quarter. . . . . . . . . . . . .. . . . . . . . . . . . . . . Second Quarter . . . . . .. ...... ........................ Third Quarter. . . .. .. . . . . . .. . ........ Fourth Quarter. . . .... . . .. ... .. . 2004 High_ Low $34 26 $23.49 37.68 30.60 36.24 25.60 3956 29.73 $39.98 $30.75 37.20 31.78 3690 31.57 38.08 31.90 . First Quarter ........ . . . . . . .. ......... Second Quarter (through June 14,2004)...... $4075 4399 $36.41 38.34 STOCK REPURCHASE AND DIVIDEND POliCIES On May 3, 2004, we announced that our board of dIrectors had authorized a common stock repurchase program for the repurchase of up to $200.0 million of common stock over a two-year period, The amendment to our credit agreement approving repurchases at this level also provides us the flexibility to pay annual cash dividends of up to $50.0 million plus optIOn proceeds. We have never paid cash diVidends on our common stock. Although many other publicly tradcd solid wastc companies pay a cash dividend, we do not cunently anl1cipate paymg any cash diVidends on our common stock . 17 CAPIT ALIZA nON . The folloWIng table scts forth our (I) cash and cash cqUlvalents and (il) capitalizatIOn, In cach case as of March 31, 2004 and as adjusted to give effect to (A) the redemption in Apnl 2004 of our outstanding 5'h% ConvertIble Subordinated Notes due 2006 and (B) the exchange offer, as&uming all Old Notes are exchanged for New Notes. You should read this table in conjunctIon wlth our financial statements and accompanying notes included in our 2003 Annual Report on Form 1O-K, the management's discussion and analysIs and results of operations section included In our 2003 Annual Report on Form lO-K and the consolidated financIal statements and accompanyIng notes mcluded m our Quarterly Report on Form 10-Q for the quarter ended March 31, 2004, all incorporated into this offering circular by reference. As of Marcb 31, 2004 Actual As Adjusted (Dollars in thou~and~) Cash and Cash Equivalents Total Dcbt Obligations (Including cun'ent portion): Senior Indebtedness(a) . . . . . . . . . . . . . . . . . . . . . . 51//70 Convertible Subordinated Notes due 2006 Old Notes . . . . . . . . . . .. ............ . New Notes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total debt. . . . . . $ 4,911 $ 265,444 150,000 175,000 590,444 Stockholders' Equity: Preferred Stock: $0.01 par value; 7,500,000 shares authonzed; none issued and outstanding. . . . . . . . . . . . . .. . . . . . . . .. ....... Common Stock: $0.01 par value; 50,000,000 shares authoriLed; 29,086,180 and 32,337,492 lssued and outstandmg at March 31, 2004 actual and as adjusted. rcspectively . . Additional paid-in capital. . ............. ......... Deferred stock compensation . . . . . .. . . ...... Accumulated other comprehensive loss. . . . . . . . . . . . . . . . . Retained earmngs. . . . . . . . . . . . . . 291 362,818 (2,468) ( 1,449) 205,296 564,488 $1,154,932 Total stockholders' equity. Total capitalization .......... 4,911 292,938 175,000 467,938 . 323 484,705 (2,468 ) (1,449) 204,169 685,280 $1,153,218 (a) Includes amounts outstanding under our senior secured credit facility, which consists of a $200 mlllion outstanding term loan and a $400 million available revolving faCIlIty. As adjusted amount reflects borrowings to redeem the 5'/2% Convertible Subordmated Notes due 2006 that remained unconverted followmg our call for redemption in Apnl 2004. 18 . . THE EXCHANGE OFFER Purpose of the Exchange Offer We believe that it is In the best interests of our company and our stoekho]ders to have convertlb]e notes that contam terms that are now prevaknt in the eonvertIb]e note market that have emerged since we Issued the Old Notes m May 2002. The two prImary terms being introduced in the terms of the New Notes are (a) net share settle provisions applieab]e upon conversion of the New Notes and (b) a dividend protection provision to adjust the converSIOn prIce under certam CIrcumstances should we pay a cash dividend m the future. . Net share settle provisions: In AprI] 2004, our total leverage and debt-to-capita] ratios declined to record low ]eve]~ when. in response to our call for redemption, approximately 80% of our previously outstanding 5'12% Convertible Subordmated Notes due 2006 converted mto our common stock WIth this exchange offer, we will be able to reduce the number of shares we would need to issue under certain conversion scenarios by substituting cash for the principal value portIOn of the conversion value. As a result. in the case of a future conversion of the New Notes, our total leverage and debt-to-caplta] ratios would not decline to the extent they did upon the conversion of our 5]/2% Convertible Subordinated Notes due 2006. Dividend protection provisions: Since the Old Notes were issued in May 2002, changes in tax law and investor sentiment have made cash dividends more attractIve. Our credit agreement was recently amended to provide us with the ability to pay annual cash dividends of up to $50.0 million plus option proceeds We believe that most new convertible notes issued since mld-2003 have included terms that adjust the conversion prIce upon payment of a cash dlVldend. The exchange offer is not being made to, nor will we accept tenders for exchange from, holders of Old Notes in any jurisdIctIOn in which the exchange offer or the acceptance of it would not be in compliance with the seCUrItIes or blue sky laws of such Jurisdiction Our board of director, and officers do not make any recommendation to the holders of Old Notes a~ to whether or not to tender all or any portion 01 their Old Notes In addItion, we have not authorIzed anyone to make any such recommendation. You must make your own decIsion whether to tender your Old Notes and, if so, the amount of Old Notes to tender. No officer, director or affilIate of the company owns any of the Old Notes. . Terms of the Exchange Offer; Period for Tendering This offering circular and the accompanymg letter of transmittal contain the terms and conditIOns of the exchange offer Upon the terms and subject to the condltlOns included in this offering circular and in the accompanying letter of transmittal, which together are the exchange offer, we will accept for exchange Old Notes which are properly tendered prior to the expiratIOn date, unless you have preVIOusly wIthdrawn them. . When you tender to us Old Notes as provided below, our acceptance of the Old Notes will constitute a bindmg agreement between you and us upon the terms and subject to the conditIons in thiS offering clrcu]ar and In the accompanying letter of transmlttal. . For each $1,000 principal amount of Old Notes you tender and that is accepted by us in the exchange offer, we Will give you $1,000 prinCIpal amount of New Notes. . You may tender all, ,ome or none of your existing Old Notes. . Our obligation to acccpt Old Notes for exchange In the exchange offer is subject to the conditions described under "- ConclttlOns to the Exchange Offer" . The exchange olfer expIres at 5:00 pm., New York City tIme, on July 15,2004. We may, however, in our sole discretIon, extend the perIod of time for which the exchange offer is open. References in this offering circular to the expiration date mean 5'00 pm., New York City tIme, on July 15, 2004 or, if extended by us, the latcst date to which the exchange offer IS extended by us. 19 . . We wIll keep the exchange offer open for at least 20 business days, or longer if required by applicable law, after the date that we first mail notIce of the exchange offer to the holders of the Old Notes. We are sending this offering circular. together with the letter of transmIttal, on or about the date of this offering circular to all of the registered holders of Old Notes at their addresses listed in the trustee's secunty register wIth respect to the Old Notes. . We expressly reserve the right, at any tIme, to extend the period of tIme during which the exchange offer is open, and thereby delay acceptance of any Old Notes, by giving oral or wntten notice of an extension to the exchange agent and notIce of that extension to the holders as described below. During any extension, all Old Notes previously tendered will remain subject to the exchange offer unless withdrawal rights are exercised. Any Old Notes not accepted for exchange for any reason will be returned without expense to the tendenng holder promptly after the expIration or termination of the exchange offer. . We expressly reserve the right to amend or termmate the exchange offer at any tIme pnor to the expiration date, and not to accept for exchange any Old Notes that we have not yet accepted for exchange, If any of the conditions of the exchange offer specified below under "- CondItions to the Exchange Offer" are not satisfied. . We will give oral or written notice of any extension, amendment, waiver, termination or non- acceptance descnbed above to holders of the Old Notes promptly If we amend thiS exchange offer m any respect or Waive any condition to the exchange offer. we will give wntten notice of the amendment or waiver to the exchange agent and will make a publtc announcement of the amendment or Waiver promptly afterward. If we extend the expiratIon date, we WIll gIve notice by means of a press release or other publIc announcement no later than 9:00 a.m., New York City time, on the business day after the previously scheduled expiration date. Without limitmg the manner in which we may choose to make any publIc announcement and subject to applIcable law, we will have no obligation to publIsh, advertise or otherwise communicate any public announcements other than by issuing a press release to the Dow Jones News Service. . . If we consIder an amendment to the exchange otfer to be matenal, or If we waive a material condition of the exchange offer, we will promptly disclose the amendment or waiver in an offering circular supplement, and if required by law, we will extend the exchange offer for a period of five to ten business days . Holders of Old Notes do not have any appraisal or dissenters' nghts m connection WIth the exchange offer. . We intend to conduct the exchange offer in accordance with the applicable reqUirements of the SecUlities Exchange Act of 1934, as amended (the "Exchange Act"), and the appltcable rules and regulations of the SEe. Important Reservation of Rights Regarding the Exchange Offer You should note that: . All questions as to the validity, form, eltgibllity, time of receipt and acceptance of Old Notes tendered for exchange, mcludmg the letter of transmittal and the Illstructions to such letter of transmittal, will be determined by us in our sole discretion and our determination shall be final and bmding. . We reserve the absolute nght to reject any and all tenders of any particular Old Notes not properly tendered or to not accept any particular Old Notes the acceptance of WhICh might. in our judgment or the Judgment of our counsel, be unlawful. . We also reserve the absolute right to waive any defects or Irregulanties or conditions of the exchange offer as to any particular Old Notes either before or after the expiratIOn date, including the nght to Waive the meliglbilt1y of any holder who seeks to tender Old Notes III the exchange offer. If we waive a condltion With respect to any particular noteholder, we will waive it for all note holders. Unless we agree . 20 . to waive any defect or Iffegularity m connection with the tender of Old Notes for exchange, you must cure any defect or Iffegulanty within any reasonable period of time as we shall determine. . Neither the company. the exchange agent nor any other person shall be under any duty to give notification of any defect or Iffegulanty with respect to any tender of Old Notcs for exchange, nor shall any of them mcur any liabIlIty for failure to give any notification. Conditions to the Exchange Offer We may not accept Old Notes for exchange and may take the actions listed below if, prior to the expiration date, any of the following events occur: . any action, proceeding or litIgation seeking to enjoin, make illegal or delay completion of the exchange offer or otherwise relating in any manner to the exchange offer is mstituted or threatened; . any order, stay, judgment or decree is issued by any court, government, governmental authority or other legulatory or administrative authority and is in effect, or any statute, rule, regulation, governmental order or mjunctlOn shall have been proposed, enacted, enforced or deemed applIcable to the exchange offer. any of which would or might restrain, prohibit or delay completion of the exchange offer or impair the contemplated benefits of the exchange offer to us. See "- Purpose of the Exchange Offer", . any of the followmg occurs and the adverse effect of such occurrence shall. m our reasonable judgment, be continuing: . . any general ~uspension of trading m, or limitation on prices for, securities on any national securities exchange or in the over-the-counter market in the United States; . any cxtraordinary or material adverse change m United States finanCIal markets generally; . a declaratIOn of a banking moratonum or any suspension of payments m respect of banks m the UnIted States; . any limitation, whether or not mandatory, by any governmental entity on, or any other event that would reasonably be expected to materially adversely affect, the extension of credit by banh or other lending mstItutIOns, or . a commencement of a war, act of terrorism or other natIOnal or mternational calamIty dIrectly or mdirectly involving the Ul1lted States, which would reasonably be expected to affect matenally and adversely, or to delay matenally, the completion of the exchange offer . any of the SItuations described above existed at the time of commencement of the exchange offer and that situation deteriorates materially after commencement of the exchange offer; . any tender or exchange offer, other than thIS exchange offer by us, with respect to some or all of our outstanding common stock or any merger, acquisition or other business combination proposal involving us shall have been proposed, announced or made by any person or entity; or . any event or event~ occur that have resulted or may result, in our reasonable judgment, in an actual or threatened change III the business conditIOn, income, operations, ~tock ownership or prospects of the company and our subsidIaries. taken as a whole that, in our reasonable judgment, would have a material adverse effect on our company. . If any of the above events occur, we may. . . terminate the exchange offer and promptly return all tendered Old Notes to tendering noteholder~, . extend the exchange offer, subject to the WIthdrawal rights described III "The Exchange Offer- Withdrawal of Tenders" herein, and retam all tendered Old Notes until the extended exchange offer expIres; 21 . amend the terms of the exchange offer, which may result in an extension of the period of time for which the exchange offer is kept open: or . waive the unsatisfied condition, subject to any requirement to extend the period of time durmg which the exchange offer is open, complete the exchange offer. . Legal Limitation The above conditions are for our sole benefit We may assert these conditIOns with respect to all or any portion of the exchange offer regardless of the circumstances giving rise to them. We may waive, in our discretion, any condition, in whole or in part, at any time prior to the expiratIon date of the exchange offer. Our failure at any time to exercise our rights under any of the above conditions does not represent a waiver of these fights. Each right IS an ongoing right that may be asserted at any time prior to the expiration date of the exchange offer. Any determination by us concerning the conditions described above will be final and binding upon all parties If a stop order Issued by the SEC IS threatened or in effect with respect to thc quahficatlOn of thc Indenture governing the New Notes under the Trust Indenture Act, we will not: . accept for exchange any Old Notes tendered; or . Issue any New Notes in exchange for any Old Notes. Procedures for Tendering Tender of Old Notes Held Through a Custodian If you are a beneficial owner of Old Notes that are held of record by a custodIan bank, depository institution, brokcI, dealer, tlUSt company or other nominee, you must instruct the custodian to tender the Old Notes on your behalf Your custodian will provide you with ItS mstructIOn letter which you must use to give these instructions. . Tender of Old Notes Held Through DTC To effectively tender Old Notes that are held through DTC, DTC partiCipants should transmit their acceptance through the Automated Tender Offer Program, or ATOP, for which the transactIOn will be eligIble, and DTC will then edit and veflfy the acceptance and send an agent's message to the exchange agent for its acceptance Delivery of tendered Old Notes must be made to the exchange agent pursuant to the book- entry delivery procedures set forth below or the tendermg DTC participant must comply with the guaranteed delivery procedures 1>et forth below. No letters of transmittal will be required to tender Old Notes through ATOP. In addition, the exchange agent must recelVe: . an electronic confirmation pursuant to DTC's ATOP system indicating the aggregate principal amount of Old Note1> to be tendered and any other documents required by the letter of transmIttal, and . prior to the expiration date, a confirmatIOn of book-entry transfer of such Old Notes into the exchange agent's account at DTC, in accordance with the procedure for book-entry transfer described below; or . the holder must comply with the guaranteed delivery procedures described below. Your Old Notes must be tendered by book-entry transfer. The exchange agent Will establish an account wIth respect to the Old Notes at DTC for purposes of the exchange offer within two business days after the commencement of the exchange offer. Any financial institution that is a participant in DTC must make book- entry delivery of the Old Notes by having DTC transfer such Old Notes into the exchange agent's account at DTC in accordance with DTC's procedures for transfer. Although your Old Notes will be tendered through the DTC facihty, the letter of transmittal, or facsimIle, or an electronic confirmatIon pursuant to DTC's ATOP system, wIth any required signature guarantees and any other rcquired documents must be transmitted . 22 . to and received or confirmed by the exchange agent at its address set forth on the back cover of this offering circulal, pnor to 5'00 pm, New York City tune, on the expiration date You or your broker must ensure that the exchange agent receives an agent's message from DTC confirming the book-entry transfer of your Old Notes An agent's message is a message transmitted by DTC and received by the exchange agent that forms a part of the book-entry confirmatIOn that states that DTC has received an express acknowledgment from the DTC participant tendering the Old Notes that such participant agrees to be bound by the terms of the letter of transmittal Delivery of documents to DTC in accordance with Its procedures does not constitute delivery to the exchange agent. If you are an institution that is a participant in DTC's book-entry transfer facility, you should follow the same procedures that are applicable to persons holdmg Old Notes through a financial institution. Do not send letters of transmittal or other exchange olTer documents to us It is your responsibility to provide all necessary materials to the exchange agent before the expiration date. If the exchange agent does not receive all of the reqUired matenals before the expiration date, your Old Notes \\oil1 not be validly tendered. We will have accepted the validity of tendered Old Notes if and when we give oral or written notice to the exchange agent. The exchange agent Will act as the new trustee's agent for purposes of receiving the New Notes from us. If we do not accept any tendered Old Notes for exchange because of an invalid tender or the occurrence of any other event, the exchange agent will return those Old Notes to you, Without expense, promptly after the expiration date via book-entry transfer through DTC. . Guaranteed Delivery Procedures If you desire to tender your Old Notes and you cannot complete the procedures for book-entry transfer set forth above on a timely basIs, you may still tender your Old Notes if: . your tender IS made through an eligible institution; . prior to the expiration date, the exchange agent receives from the eligible institution a properly completed and duly executed letter of transmittal, or a facsimile of such letter of transmIttal or an electronic confirmation pursuant to DTC's A TOP system, and notice of guaranteed delivery, substan- tially in the form provided by us, by facsImile transmission, mail or hand delivery, that. . sets forth the name and address of the holder of Old Notes and the principal amount of Old Notes tendered, . states that the tender is being made thereby; and . guarantees that within three NYSE tradmg days after the expiration date a book-entry confirmatIOn and any other documcnts required by the lettcr of transmittal will be depoSited by the eligible institution With the exchange agent Acceptance of Old Notes and Delivery of New Notes . If all of the conditIOns to the exchange offer are satlsficd or waivcd pnor to thc expiration date, we will accept all Old Notes properly tendered and not Withdrawn as of the expiratIOn date and will issue the New Notes promptly after the expiration date See "- Conditions to the Exchange Offer" For purpo~es of the exchange alTer, our giving of oral or written notice of our acceptance to the exchange agent will be considered our acceptance of the exchange offer. 23 In all cases, we will Issue New Notes in exchange for Old Notes that are accepted for exchange only after timely receipt by thc cxchange agent of: . a book-entry confirmation of transfer of Old Notes into the exchange agent's account at DTC using the book-cntry tran~fcr procedures descnbed above; . a properly completed and duly executed letter of transmittal or an electronic confirmation of the submitting holder's acceptance through DTC's ATOP system; and . . any other requircd documcnts. The exchange agent will act as agent for the tendering holders for the purposes of receiving the New Notes from us, and will make the exchange on, or promptly after, the expiration date. Following thiS exchange the holders in whose names the New Notes will be issuable upon exchange will be deemed the holders of record of the New Notes. The reasons we may not accept tendered Old Notes include: . the Old Notes were not validly tendered pursuant to the procedures for tendering; see "- Procedures for Tendering", . we determine in our reasonable discretion that any of the conditions to the exchange offer have not been satisfied pnor to the expiration date; see "- Conditions to the Exchange Offer"; . a holder has validly withdrawn a tender of Old Notes; see "- Withdrawal of Tenders"; or . we have, pnor to the expiration date of the exchange offer, delayed or terminated the exchange offer, see "- Terms of the Exchange Offer; Penod for Tendering". If we do not accept any tendered Old Notes for any reason mcluded m the terms and conditions of the exchange offer, we will return any unaccepted or non-exchanged Old Notes tendered by book-entry transfer into the exchange agent's account at DTC using the book-entry transfer procedures descnbed above, and non- exchanged Old Notes will be credited to an account maintained with DTC promptly after the expiration or termination of the exchange offer. . Old Notes which are not tendered for exchange or are tendered but not accepted in connection with the exchange offer will remain outstanding and remain subject 10 the indenture governing the Old Notes. Any validly tendered Old Notes accepted for exchange in the exchange offer will be retired and will not be reissuable. Consequences of Not Exchanging Old Notes If the exchange otfer IS consummated, Old Notes that are not tendered, or are tendered but not accepted in the exchange offer, Will remam outstandmg. Accordingly, Illterest thereon will contmue to accrue III accordance with their terms, and the Old Notes will continue to have the benefit of the mdenture governing the unexchanged Old Notes but not the benefit of the Indenture governing the New Notes. However, any trading market for unexchanged Old Notes could become significantly limited due to the reduction m the amount of Old Notes outstanding after completion of the exchange offer, which may adversely affect the market price and pnce volatility of the Old Notes. See "Risk Factors - Risks Relating to the Exchange Offer". Withdrawal of Tenders You may withdraw your tender of Old Notes at any time pnor to 5:00 p.m., New York City time, on the expiration date, or any subsequent date to which we extend it Holders who wish to exercise their right of withdrawal with respect to the exchange offer must give wntten notIce of withdrawal delivered by mail, hand delivery or fac~lInilc transmissIOn, which notice must be received by the exchange agent on or prIor to . 24 . 5:00 p.m., New York City time, on the expiration date at Its address set forth on the back cover of thIs offering cIrcular. In order to be valtd, a notice of wIthdrawal must: . specify the name of the person who tendered the Old Notes to be wIthdrawn; . specIfy the aggregate amount of Old Notes to be withdrawn, if not all of the Old Notes are tendered by the holder; . contain a statement that you are wIthdrawing your election to have your Old Notes exchanged; . be signed by the holder in the same manner as the original signature on the letter of transmittal by which the Old Notes were tendered, including any required signature guarantees; and . specify, on the notice of withdrawal, the name and number of the account at DTC to be credited wIth the wIthdrawn Old Notes and otherwIse comply with the procedures of such facility, If you tendered your Old Notes in accordance wIth the procedure for book-entry transfer described above. A valid withdrawal of tendered Old Notes on or prior to the explTatlOn date shall be deemed a valid revocation of the tender of Old Notes. Properly wIthdrawn Old Notes may be retendered by following the procedures described under "Procedures for Tendering" above at any tIme on or prior to 5'00 pm., New York City time, on the expiration date. . Tenders of any Old Notes will automatically be withdrawn if the exchange offer is terminated without any such Old Notes belllg exchanged thereunder or otherwIse provided herein. In the event of termination of the exchange offer. the Old Notes tendered pursuant to the exchange offer will be returned to the tendering holder promptly If we are delayed m our acceptance for exchange of any Old Notes or if we are unable to accept for exchange Old Notes pursuant to the exchange offer for any reason, then, without prejudice to our rights hereunder, tendered Old Notes may be retaIned by the exchange agent on our behalf, and may not be withdrawn, subject to Rule l4e-1 of the Exchange Act, which requires that an offeror pay the consideratIOn offered or return the Old Notes dcposited by or on behalf of the holders promptly after the tenmnation or withdrawal of a tender offer, except as otherWIse proVIde m this sectIOn. Any attempted withdrawal of previously tendered Old Notes other than in accordance with the provisions described above will not constitute a valid withdrawal of such tender. All questions as to form and valtdity (includIng time of receipt) of any delIvery or revocation of a tender WIll be determmed by us, III our sole discretIon, whIch determInatIOn will be final and bmdmg None of us, the exchange agent, the trustee or any other person WIll be under any duty to give notIfication of any defect or irregularity m any delIvery or revocatIOn of a tender or Incur any lIability for failure to give any such notIfication. Exchange Agent U.S. Bank NatIOnal AssocIation (successor to State Street Bank and Trust Company of CalIfornia, N .A.) has been appomted to act as the exchange agent for the exchangc offer. All executed letters of transmIttal should be dIrected to the exchange agent at the addresses set forth on the back cover of this offering circular. QuestIOns and requests for assistance, requests for additional copies of this offering CIrcular or of the letter of transmIttal and requests for notIces of guaranteed delivery should be directed to the exchange agent at the address set forth on the back cover of this offenng circular . US. Bank National ASSOCIatIOn will assIst us WIth the distribution of this offering CIrcular and the other exchange materials. The exchange agent WIll receive customary compensation for ItS services, will be reimbursed for reasonable out-of-pocket expenses and will be indemmfied against lIabilities in connection with its services, Including lIabilities under the federal securities laws The exchange agent has not been retamed to make solicitations or recommendations The fees receIved by the exchange agent WIll not be based on the aggregate prmcipal amount of Old Notes tendered in thc exchange offer. 25 Fees and Expenses We wIll pay the reasonable and customary fees and reasonable out-of-pocket expenses of U.S. Bank National Association 111 its capacity as exchange agent, and the trustee, and legal, accounting, and related fees and expenses. We will not pay any fees or commissions to any broker or dealer or any other person for solicIting tenders of Old Notes under the exchange offer. Brokers, dealers. commercial banks and trust companies will, upon request, be reimbursed by us for reasonable and necessary costs and expenses incurred by them in forwarding materials to their customers. . Transfer Taxes Holders who tender their Old Notes for exchange will not be obligated to pay any transfer taxes, except that holders who Instruct us to register New Notes in the name of, or request that Old Notes not tendered or not accepted in the exchange offer be returned to, a person other than the registered tendering holder, will be responsIble for the payment of any applicable transfer tax. . . 26 . DESCRIPTION OF THE NEW NOTES The New Notes will be issued under an Indenture between Waste ConnectlOm, Inc and US. Bank NatIOnal AssociatIon (successor to State Street Bank and Trust Company of CalIfornia, N.A.), as trustee. The following description is only a summary of the material prOVisions of the Indenture and the New Notes. We urge you to read the Indenture and the New Notes in their entirety because they, and not this description, define your rights as a holder of the New Notes. You may request copIes of these documents at our address shown under "Where You Can Find More Information" The terms of the New Notes include those stated in the Indenture and those made part of the Indenture by reference to the Trust Indenture Act of 1939, as amended. For purposes of this section, references to "we," "us," "ours" and "Waste ConnectIons" include only Waste Connections, Inc. and not its subsidiaries. General . We will issue the New Notes up to an aggregate principal amount of $175,000,000. The New Notes are unsecured, subordinated obligations of Waste Connections and mature on May I, 2022, unless earlier redeemed at our option as described under "- OptIOnal RedemptIOn of the New Notes," repurchased by us at a holder's optIOn at certain dates as described under "- Repurchase of New Notes at the Option of the Holder" or repurchased by us at a holder's optIOn upon a Change III Control of Waste Connections as descnbed under "- Right to Require Purchase of New Note~ upon a Change in Control." Interest on the New Notes wIll accrue at a variable rate, as described under "- Interest." The Indenture does not contain any restrIction on' o the payment of dividends; o the issuance of Senior Indebtedness (as defined below) or other indebtcdness; or o the repurchase of securities of Waste ConnectIOns; and does not contain any financial covenants. Other than as desCrIbed under "- Right to Require Purchase of New Notes upon a Change in Control," the Indenture contains no covenants or other provisions to afford protection to holders of New Notes in the event of a highly leveraged transaction or a Change in Control of Waste Connections. We will pay the principal of, premium, if any, and mterest on the New Notes at the office or agency maintained by us in the Borough of Manhattan in New York CIty. Holders may register the transfer of their New Notes at the same location. We reserve the right to pay mterest to holders of the New Notes by check mailed to the holders at their registered addresses Except under the lImited Circumstances described below, the New Notes will be issued only in fully registered book-entry form, without coupons, and will be represented by one or more global notes. There will be no service charge for any registration of transfer or exchange of New Notes. We may, however, require holders to pay a sum sufficient to cover any tax or other governmental charge payable in connection with any transfer or exchange Interest . The New Note~ will bear interest at a per annum rate equal to 3-month LIBOR plus 0.50%, adjusted quarterly as described below NotWIthstanding any quarterly adjustments of the interest rate, the interest rate borne by the New Notes will never be less than zero We will pay interest quarterly in arrears on May I, August I, November I and February I of each year, unless any such mterest payment date (other than an interest payment date at matunty) would otherWise be a day that is not a busmess day, in which case the interest payment date wIll be postponed to the next succeeding business day (except if that busmess day falls m the next succeedmg calendar month, that interest payment date wIll be the Immediately preceding business day). If the matunty date of the New Notes IS a day that is not a business day, all payments to be made on such day will be made on the next succeedmg busine~s day, with the same force and effect as if made on the due date, and no additional interest Will be payable as a result of sllch a delay In paymcnt. We WIll pay interest to thc holders of record at the closc of business on the 27 fifteenth calendar day of the month preceding each mterest payment date. Interest on the New Notes will accrue from thc last interest payment date on which interest was paid, or, if no mterest has been paId, from the last interest payment date on which interest was paid on the Old Notes. Holders whose Old Notes are accepted for exchange will be deemed to have waived the right to receive any interest accrued on the Old Note~. . The interest rate is determmed by the trustee actmg as calculation agent The interest rate for each quarterly period (other than the period before the first interest payment date) will be adjusted on the first day of such quarterly perIod (which we refer to a~ the interest adjustment date), which will be the interest payment date for the immedIately precedmg quarterly perIod. The adjusted interest rate is based upon 3-month LIBOR, determIned on the second precedmg London Banking Day prior to the applicable interest adjustment date (which we refer to as the mterest determination date) as described below, plus 0.50%. Interest on the New Notes will accrue at a rate for the pCrIod before the first interest payment date equal to the interest rate for such period on the Old Notes. Interest generally is computed on the basIs of the actual number of days for which Interest is payable In the relevant interest perIod, divided by 360. The term "3-month LIBOR" means, with respect to any interest determinatIOn date. (a) the rate for 3-month deposits in United States dollars commencing on the related Interest adjustment date, that appears on the Moneyline Telerate Page 3750 (as descrIbed below) as of 11'00 A.M., London time, on the Interest determInation date, unless fewer than two such offered rates so appear; or (b) If fewer than two offered rates appear, or no rate appears, as the case may be. on the particular interest determInation date on the Moneylme Telerate Page 3750, the rate calculated by the calculation agent of at least two offered quotatIons obtained by the calculatIon agent after requesting the principal London offices of each of four major reference banks in the London interbank market to provide the calculation agent WIth ItS offered quotation for depOSIts In Umted States dollars for the period of three months, commenCIng on the related interest adjustment date, to prime banks in the London interbank markets at approximately 11.00 A.M., London tIme, on that interest deternunation date and In princIpal amount that is representative for a single transactIon in United States dollars in that market at that time, or . (c) If fewer than two offered quotations referred to In clause (b) are prOVIded as requested, the rate calculated by the calculation agent as the arithmetic mean of the rates quoted at approximately 11.00 A.M., New York time, 011 the particular interest determination date by three major banks In the City of New York selected by the calculation agent for loans in United States dollars to leading European banks for a pcriod of threc months and 111 a princIpal amount that is representative for a smgle transaction In United States dollars in that market at that time; or (d) if the banks so selected by the calculation agent are not quoting as mentioned in dause (c), 3-month LIBOR in effect ImmedIately prior to the particular mterest determinatIOn date. "Moneyhne Telerate Page 3750" means the display on Moneyline Telerate (or any successor service) on such page (or any other page as may replace such page on such service) or such other service or services as may be nominated by the BrItish Bankers' Association as the information vendor for the purpose of dIsplaying the London Interbank rates of major banks for United States dollars. "London Banking Day" mean~ a day on which commercial banks are open for business, including dealings in United States dollars, in London. The term "business day" means any day, other than a Saturday or Sunday, that is neither a legal holiday nor a day on whIch commercial banks are authOrIzed or required by law, regulation or executIve order to close in The City of New York . 28 . Conversion Rights A holder may convert any outstandmg New Notes into cash and, if applicable, shares of our common stock at an inItial conversIOn price per share of $48 39. This represents an inItial conversIOn rate of 20.6654 shares per $1,000 prinCipal amount at maturity of the New Notes. The conversion price (and resulting conversion rate) IS, however, 6ubJect to adjustment as described below. A holder may convert New Notes only in denominations of $1.000 and integral multiples of $1,000. General . Holders may surrender New Notes for conversion into cash and, if applicable, shares of our common stock prior to the maturity date only if one of the following conditions is satisfied: . the clo6mg sale pnce per share of our common stock for at least 20 trading days in the period of 30 consecutive trading days ending on the last trading day of the calendar quarter preceding the calendar quarter m which the conversion occurs IS more than 110% of the conversion pnce per share of our common stock on that thIrtieth tradmg day; . we have called the New Notes for redemption, . during such period, if any, that the credit rating assigned to the New Notes by both Moody's Investors Service, Inc. and Standard & Poor's Rating Group is below a specified level, or if neither rating agency is rating the New Notes; . during the five business day period after any nIne consecutIve tradmg day period in which the trading price of the New Notes (per $1.000 principal amount) for each day of such penod was less than 95% of the product of the closing sale price per share of our common stock multiplied by the number of shares of our common stock issuable upon conversion of $1,000 principal amount of the New Notes, or . upon the occurrence of specified corporate transactions. Subject to certain exceptIOns described below under "- Conversion Upon Satisfaction of Tradmg Pnce Condition" and "- ConversIOn Upon Specified Corporate Transactions," once New Notes are tendered for conversIOn. holders tenderIng the New Notes WIll be entitled to receive, per $1,000 pnnclpal amount of New Notes, cash and, if applicable, shares of our common stock, the aggregate value of which (the "Conversion Value") will be equal to the product of: (1) the ConversIOn Rate then in effect: and (2) the average of the common stock prices for the ten con6ecutive tradmg days (appropriately adjusted to take mto account the occurrence during such period of stock splits and SImilar events) begmnmg on the second trading day immediately following the day the New Notes are tendered for converSIOn (the ''Ten Day Average Closmg Stock Price"). Subject to certain exceptions descnbed below and except for conversions described under "- Conversion Upon Credit Ratmg Event," "- ConversIOn Upon SatisfactIon of Trading Price Condition" and "- Conver- sion Upon SpeCIfied Corporate TransactIOns," we wIll delIver the Conversion Value of the New Notes surrendered for conversion to converting holders as follows: (I) an amount In cash (the "PrinCipal Return") equal to the lesser of (a) the aggregate Conversion Value of the New Notes to be converted and (b) the aggregate pnnclpal amount of the New Notes to be converted, (2) if the aggregate ConversIOn Value of the New Notes to be converted is greater than the PrIncipal Return, an amount m whole shares (the "Net Shares"), determined as set forth below, equal to such aggregate Conversion Value less the PrinCipal Return (the "Net Share Amount"), and . (3) an amount In cash in lieu of any fractlOnal shal cs of common stock 29 The number of Net Shares to be paid will be determined by dividing the Net Share Amount by the Ten Day Average Closing Stock PrIce. The cash payment for fractIOnal share~ also will be based on the Ten Day Average Closing Stock Price The Conversion Value, Principal Return, Net Share Amount and the number of Net Shares will be determined by us at the end of the ten consecuhve trading day penod beginning on the second trading day immediately following the day the New Notes are tendered for conversion (the "Determination Date"). We will pay the Principal Return and cash In lIeu of fractional shares and deliver the Net Shares, if any, as promptly as practicable after the Determination Date, but In no event later than four business days thereafter. . DelIvery of the Pnnclpal Return, Net Shares and cash in lIeu of fractional shares wIll be deemed to satisfy our obligation to pay the principal amount of the New Notes and accrued interest payable on the New Notes, except as deSCrIbed below. Accrued interest will be deemed paid in full rather than canceled, extinguished or forfeited. We will not adjust the Conversion Price to account for accrued interest. Except as described In this paragraph, no holder of New Notes wIll be entitled, upon conversion of the New Notes, to any actual payment or adjustment on account of accrued but unpaid interest on a converted New Note, or on account of diVidends or distributions on shares of our common stock issued in connection with the conversIon. If New Notes are converted aftel a regular record date and prior to the opening of business on the next Interest payment date, IncludIng the date of matunty, holders of such New Notes at the close of business on the regular record date will receive the interest payable on such New Notes on the correspondIng Interest payment date notwithstanding the conversIon. In such event, when the holder surrenders the New Note for conversion, the holder must deliver payment to us of an amount equal to the interest payable on the interest payment date on the principal amount to be converted. The foregoing sentence shall not apply to New Notes called for redemption on a redemption date withm the period between the close of business on the record date and the opening of business on the Interest payment date, or to New Notes ~urrendered for conversion on the interest payment date. If you wish to exercIse your conversIOn rIght, you must deliver an Irrevocable conversion notice In accordance with the proviSIOns of the Indenture, together, If the New Notes are in certificated form, with the certificated security, to the trustee who will, on your behalf, convert the New Notes into cash and shares of our common stock. You may obtain copIes of the required form of the conversion notice from the trustee If a holder of a New Note has delivered notice of Its election to have such New Note repurchased at the option of such holder on May I of 2009, 2012 and 2017 or as a result of a Change in Control, such New Note may be converted only if the notice of election IS withdrawn as described under "- Repurchase of New Notes at the Option of the Holder" or "- Right to ReqUire Repurchase of New Notes Upon a Change of Control." The "common stock pnce" on any date means the clOSIng sale price per share (or If no clOSIng sale prIce is reported, the average of the bid and ask prices or, if more than one in either case, the average of the average bid and the average a~k pnces) on such date for our common stock as reported In composite transactions on the principal national securities exchange or other quotation system on which our common stock is quoted or lIsted or admitted to tradIng on such day or, if our common stock IS not quoted or listed or admitted to trading on a natIOnal seCUrIties exchange or quotation system, as reported by the National Quotation Bureau Incorporated, or Similar generally accepted reporting service A "trading day" means any regular or abbreViated trading day of The New York Stock Exchange. . Conversion Upon Satisfaction of Market Price Condition A holder may surrender any of ItS New Notes for conversion during any calendar quarter if the closing sale pnce per share of our common stock for at least 20 trading days in the period of 30 consecutive trading days endIng on the last trading day of the precedmg calendar quarter, exceeds 110% of the prevaihng conversion price per share of our common stock on that thlftieth trading day. The conversIOn agent, which will imtially be the trustee, will, on our behalf, determine at the end of each quarter if the New Notes are convertible a~ a result of the market prIce of the share and notify us. . 30 . Com'ersion Upon Notice of Redemption A holder may surrender for conversion any New Note called for redemptIOn at any tIme prior to the close of business on the day that IS two business days prIor to the redemption date, even If It IS not otherwIse convertIble at such tIme. Conversion Upon Credit Rating Event A holder may surrender any of its New Notes for conversIOn dUrIng any perIod in which the respective credit ratings assigned to the New Notes by both Moody's Investors Service, Inc. and Standard & Poor's Rating Group are reduced below B3 or B-, respectively, if the credit rating asslgned to the New Notes is suspended or withdrawn by both such rating agencies or if neither agency is rating the New Notes. We will dehver the ConversIOn Value of the New Notes surrendered for conversIOn in these CIrcumstances, at our optIOn, m cash, shares of common stock, or in a combInation of cash and shares of common stock. We will notify such holder by the second trading day following the date of conversion whether we will pay such holder in cash, shares of common stock or a combination of cash and shares of common stock, and in what percentage. . Conversion Upon Satisfaction of Trading Price Condition A holder may surrender any of its New Notes for conversion dUrIng the five business day period after any nine consecutive trading day period in which the trading price of the New Notes (per $1,000 principal amount) (as determined following a request by a holder of the New Notes in accordance with the procedures described below) for each trading day of such perIod was less than 95% of the product of the closing sale price per share of our common stock multiplied by the number of shares of our common stock issuable upon conversIOn of $1,000 pnncipal amount of the New Notes; a holder surrendenng New Notes for such conversIOn will receIve cash or shares of our common stock or a combination of both, at our option. with a value equal to the aggregate principal amount of such holder's New Notes so surrendered as of the conversion date. If a holder surrenders ItS New Notes for such conver~ion, we will notify such holder by the second tradmg day followmg the date of conversIOn whether we will pay such holder in cash, share~ or a combinatIOn of cash and shares, and in what percentage. Any share delivered will be valued at the greater of (x) the conversIOn pnce on the conversion date and (y) the closing sale pnce per ~hare of our common stock on the third trading day after the conversion date. We will pay such holder any portion of the prInclpal amount of such holder's New Notes so surrendered to be paid in cash on the third trading day after the conversion date WIth respect to any portion of the sum of the pnncipal amount of such holder's New Notes so surrendered to be paId In shares of our common stock. we will deliver the shares to such holder on the fourth trading day follOWIng the conversion date. The "tradmg price" of the New Notes on any date of determinatIon means the average of the secondary market bid quotations per $1,000 principal amount of New Notes obtained by the conversion agent for $5,000,000 principal amount of the New Notes at approximately 3:30 p.m, New York CIty tIme. on such determination date from three independent nationally recognized securities dealers we select. provided that if at least three such bids cannot reasonably be obtained by the conversion agent, but two such bids are obtamed, then the average of the two bids shall be used. and if only one such bid can reasonably be obtaIned by the conversion agent, thIS one bid shall be used. If the conversIOn agent cannot reasonably obtam at least one bid for $5,000,000 prmclpal amount of the New Notes from a natIOnally recognized securitIes dealer or in our reasonable Judgment, the bId quotatlOns arc not indicatIve of the secondary markct value of the New Notes, then the trading price of the New Notes will be deemed to equal (a) the number of shares of our common stock issuable upon conversion of $1,000 principal amount of the New Notes multiphed by (b) the closing sale price per share of our common stock on such determination date The conversIOn agent shall have no obligation to determIne the trading price of the New Notes unless we have requested such determinatIOn; and we shall have no obligation to make such request unless a holder proVIdes us with reasonable eVIdence that the tradmg pnce of the New Notes would be less than 95% of the product of the closing ,ale prIce per share of our common stock and the number of shares of our common stock issuable upon conversIOn of $1,000 principal amount of the New Notes; at which tIme, we shall instruct the conversion agent to determine the trading price . 31 of the New Notes begInning on the next trading day and on each successive trading day until the tradIng price is greater than or equal to 95% of the product of the closing sale pnce per share of our common stock and the number of shares of our common stock issuable upon conversIOn of $1,000 principal amount of the New Notes. . Conversion Upon Specified COIporate Transactions If we elect to: . distribute to all or substantially all holders of our common stock, rights, warrants or options entitling them to subscribe for or purchase, for a period expiring withIn 60 days of the date of distribution, our common stock at less than the then current market price; or . distribute to all or substantially all holders of our common stock, our assets, debt securities or certain rights to purchase our securities, which distribution has a per share value exceeding 10% of the closing price per share or our common stock on the day preceding the declaration date for such distribution, we must notify the holders of New Notes at least 20 days prior to the ex-dividend date for such distribution. At any time once we have given such notice, holders may surrender their New Notes for conversion until the earlier of the close of busllless on the business day prior to the ex-dividend date or our announcement that such distributIOn will not take place. No adjustment to the ability of a holder to convert will be made if the holder will otherwise participate in the distribution without conversion. In additIOn, If we are a pmiy to a consolidatIOn, merger, share exchange, ~ale of all or substantially all of our assets or other transaction, In each case pursuant to which our common stock would be converted into cash, securities or other property, a holder may surrender its New Notes for conversIOn at any time from and after the date which IS 15 days prior to the anticipated effective date of such transaction until and including the date which is 15 days after the actual date of such transaction. If we are a party to a consolidatIOn, merger, share exchange, sale of all or substantially all of our assets or other transaction, in each case pursuant to which our common stock is converted into cash, securities, or other property, then at the effective time of the transaction, a holder's right to convert its New Notes Will be changed mto a right to convert such New Notes into the kllld and amount of cash securities and other property which such holder would have received if such holder had converted such New Notes immediately prior to the transaction. If the transaction also constitutes a Change in Control. such holder can reqUire us to repurchase all or a portion of its New Notes as described under "- Right to Require Purchase of New Notes upon a Change In Control" If a holder of a New Note has delivered notice of its election to have the New Note repurchased at the option of such holder or as a result of a Change in Control, the New Note may be converted only If the notice of election is withdrawn as described, respectively, under "- Repurchase of New Notes at the Option of the Holder" or "- Right to ReqUire Purchase of New Notes upon a Change in Contro!." . Conversion Price Adjustments We Will adjust the conversion price If (without duplication). (I) we issue common stock as a dividend or distrIbutIOn on our common stock; (2) we subdivide, combine or reclaSSify our common stock; (3) we issue to all or substantially all holders of our common stock rights, warrants or options entitling them to subscribe for or purchase common stock at less than the then current market pnce; (4) we distribute to all or substantially all holders of common stock eVidences of our Indebtedness, shares of capital stock (other than common stock), securities, cash, property, rights. warrants or options, excludlllg: . those rights, warrants or options referred to in clause (3) above: . any dividend or distribution paid exclusively in cash referred to in clause (5) below; and . 32 . . any dividend or distribution referred to in clause (1) above; (5) we declare a cash dividend or cash distribution to all of the holders of our common stock. If we declare such a cash dividend or cash distributIOn, the ConversIOn Price shall be decreased to equal the pnce dctermined by multip]ymg the ConvcrslOn Price in effect immcdlatcly prIor to the record datc for such dividend or distribution by the following fraction: (Pre-Dividend Sale PrIce - Dividend Adjustment Amount) (Pre-Dividend Sale Price) provided that no adjustment to the ConversIOn Price will be made if we provide that holders of New Notes will participate in the cash dividend or cash distrIbution without conversion; provided further, that if the numerator of the foregoing fraction is less than $1 00 (includIng a negative amount), then in lieu of any adjustment under this clause (5), we shall make adequate provision so that each holder of New Notes shall have the rIght to receIVe upon conversion, In addition to the cash and shares of common stock issuable upon such conversion, the amount of cash such holder would have received had such holder converted ItS New Notes immediately prior to the record date for such cash dividend or cash distribution at the Conversion Rate and for the Conversion Value In effect at such time "Pre-Dividend Sale Price" means the average common stock price for the three consecutive tradmg days endmg on the tradmg day ImmedIate]y preceding the record date for such dividend or distributIOn. "DlVldend Adjustment Amount"' means the full amount of the cash dividend or cash distributIOn applicable to one share of our common stock; or . (6) we or one of our subsidiaries makes a payment in respect of a tender offer or exchange offer, other than an odd-lot offer, for our common stock which involves an aggregate consideration that, together With any cash and other consideration payable in respect of any tender or exchange offer by us or one of our subsidiaries for shares concluded withm the preceding 12 months, exceeds 10% of our aggregate market capitaliLation on the expiration of the tender or exchange offer. The conversIOn price will not be adjusted until adjustments amount to I % or more of the conversion price as last adjusted. We will carry forward any adjustment we do not make and will include it in any future adjustment. If our common stock is converted into the right to receive cash, securitIes or other property as a result of any consolidatIOn, merger, share exchange, sale of all or substantially all of our a~sets or other transaction, each New Note then outstanding would, without the consent of any holders of New Notes, become convertible only Into the kInd and amount of cash, securities and other property which the holder of such New Note would have received if the holder had converted the New Note immediately prior to the transaction. We will not issue fractional shares to a holder who converts a New Note. In lieu of issuing fractional shares, we will pay cash based upon the market price If we make a distrIbution of property to our stockholders which would be taxable to them as a dividend for federal income tax purposes and the conversion prIce of the New Notes IS decreased, this decrease may be deemed to be the receipt of taxable mcome to U.S. holders (as defined in "Certain Umted States Federa] Tax Considerations") of New Notes and would generally result in withholding taxes for non-U.S holders (as defined m "Certam Umted States Federal Tax ConSiderations") of New Notes. Because thiS deemed mcome would not give flse to any cash from which any applicable withholding tax could be satisfied, we may set-off any such withholding tax applicable to Non-United States Holders against cash payments of interest payable on the New Notes. See "Certain United States Federa] Tax Comlderations - Consequences to U.S. Ho]ders of New Notes - ComtructIve Dividends" and "- Consequences to Non-U.S Ho]ders of New Notes- DlVIdends and Constructive Dividends." . In additIOn, we may make any decreases in the conversIOn price that our board of directors deem~ advlsab]e to aVOId or dllninish any mcome tax to holders of our common stock resulting from any dividend or distribution of stock, or rights to acquire stock, or from any event treated as such for Income tax purposes or for any other reasons. 33 Subordination . The payment of the prIncipal or, premIum, if any, and Interest on the New Notes will. to the extent descnbed in the Indenture, be subordInated In right of payment to the pnor payment in full of all our Senior Indebtedness. The holders of all Senior Indebtedness will first be entltled to receive payment in full of all amounts due or to become due on the Senior Indebtedness, or proviSIOn for payment in money or money's worth, before the holders of the New Notes will be entitled to receive any payment III respect of the New Notes, when there is a payment or distribution of assets to creditors upon our: . liqUIdation; . dissolution; . winding up, · reorganization; . assignment for the benefit of credItors, . marshaling of assets; . bankruptcy, . Insolvency; or . similar proceedings. In addition, because our subsidiaries are not obligated under the New Notes, the New Notes will be effectively ~ubordlllated to all existing and future indebtedness and other liabilities of our subsidiaries. No payments on account of the New Notes or on account of the purchase or acquisition of New Notes may be made If a default in any payment \~Ith respect to Senior Indebtedness has occurred and is continuing. If (I) there is a default on any Designated Senior Indebtedness (as defined below) other than a payment default that occurs that permits the holders of that DeSIgnated Semor Indebtedness to accelerate its maturity and (2) the trustee and Waste Connections receive the notice required by the Indenture, no payments may be made on the New Notes for up to 180 days many 365-day period unless the default is cured or waived. By reason of this subordination, in the event of our insolvency, holders of the New Notes may recover less ratably than holders of our Selllor Indebtedness. . Payments on the New Notes may and shall be resumed, m the case of a payment default, upon the date on which such default IS cured or waived, and III the case of a non-payment default, upon the earliest of (I) the date on which such non-payment default IS cured or waived, (2) 180 days after the date on which the applIcable payment blockage notIce is receIved, or (3) the date on which the payment blockage period IS termmated by wntten notIce from the representative of the Senior Indebtedness to the trustee and Waste Connections, unles~ a payment default has occurred and IS continuing. Only one payment blockage period may be commenced withm any 365-day penod No Event of Default WIth respect to Designated Senior Indebtedness that existed or was continuing at the commencement of any payment blockage period with respect to such Designated Senior Indebtedness can be the basis for the commencement of a second payment blockage period whether or not withm a penod of 365 days, unless such Event of Default was cured or waived for at least 90 days. No payment blockage period may extend beyond 180 days. No actIOn may be taken to declare the New Notes due and payable nor may any judicial or other proceedings to collect the New Notes be initiated during any standstill period. A standstill period commences on the occurrence of a payment default or the date on which Waste Connections and the tru~tee receive notice of a payment blockage period and continue~ until (I) the date on which the default is cured or waived, (2) holders of Selllor Indebtedness take action to declare the Selllor Indebtedness due and payable or take certain actions to collect the Semor Indebtedness, (3) the date on which the Semor Indebtedness becomes automatically due and payable, (4) the occurrence of a bankruptcy, insolvency or reorganization of Waste Connections or a Significant Subsidiary of Waste Connections or (5) 120 days after a payment default or 180 days after a payment blockage notice is gIven. The trustee or the holders of the New Notes must give the . 34 . agent for holders of Senior Indebtedness at least five business days' pnor written notice of any Intent to declare the New Notes due and payable or to make any other amount owmg under the Indenture due and payable. "Senior Indebtedness" means: . the principal of and premium, If any, and interest on, and fees, costs, enforcement expenses, collateral protection expenses and other reImbursement or mdemnity oblIgatIOns III respect of all of our indebtedness or obligations to any person for money borrowed that is evidenced by a note, bond, debenture, loan agreement, or similar instrument or agreement including default interest and interest accruing after a bankruptcy; . commItment or standby fees due and payable to lending institutions with respect to credit facilities available to us; . all of our noncontmgent obligations (l) for the reimbursement of any obligor on any letter of credit, banker's acceptance or similar credit transaction, (2) under interest rate swaps, caps. collars, optIons, and SImilar arrangements, and (3) under any foreign exchange contract. currency swap agreement, futures contract, currency option contract or other foreign currency hedge; . all of our obligations for the payment of money relating to capitalized lease oblIgatIOns: . any lIabilities of others described in the preceding clauses that we have guaranteed or whIch are otherwise om legal liabIlity; and renewals, extensions, refundings, refinancmgs, restructmings, amendments and modIfications of any such indebtedness or guarantee; . in each case other than any indebtedness or other oblIgatIOn of ours that by ItS terms IS not supenor in right of payment to the New Notes, including the Old Notes. The New Notes WIll rank pari passu in right of payment with the Old Notes. "DeSIgnated Semor Indebtedness" means our oblIgatIOns under our credit faCIlIty and any partIcular Semor Indebtedness m which the instrument Cleating or evidencing the same or the assumptIon or guarantee thereof, or related agreements or documents to whIch we are a party. expressly provides that &uch indebtedness shall be Designated Senior Indebtedness for purposes of the Indenture. The Instrument, agreement or other document evidencing any Designated Senior Indebtedness may place limItations and conditions of the nght of such senior debt to exercise the rights of Designated Semor Indebtedness. As of March 31, 2004, we had approximately $265.4 million of mdebtedne'is constItuting Senior Indebtedness We expect from time to time to Incur additional Indebtedness. The Indenture does not lImit or prohibit us from incurring additional Senior Indebtedness or other indebtedness. See "RISk Factors - Risks Related to the New Notes - The New Notes are Subordmated to Senior Indebtedne&s Optional Redemption of New Notes At any tIme on or after May 7, 2006, subject to the consent of the lenders under our credIt faCIlity, we may redeem the New Notes In whole, or from time to time, in part, at our optIOn on at least 30 days' notice The redemptIOn price, expressed as a percentage of the principal amount, will be as follows: Redemption Perio~ Redemptio~rice May 7, 2006 through Apnl 30, 2007. .. ... May I, 2007 through April 30, 2008. . . . . . . . . on or after May I, 2008 . . 102% 101% 100% . plu&, in each case. accrued and unpaid mterest thereon to the redemption date. If we opt to redeem less than all of the New Notes at any time, the trustee will select or cause to be selected the New Notes to be redeemed by any method that it deems fail and appropnate In the event of a 35 partial redemption, the trustee may provide for selectIOn for redemption of portIOns of the principal amount of any New Note of a denominatIOn larger than $] ,000 . Repurchase of New Notes at the Option of the Holder A holder has the nght to reqUire us to repurchase all or a portion of the New Notes on May I of 2009, 2012 and 2017. We will repurchase the New Notes for an amount of cash equal to 100% of the principal amount of the New Notes on the date of purchase, plus accrued and unpaid interest to the date of repurchase. To exercise the repurchase right, the holder of a New Note must deliver, during the penod beginning at any time from the opening of business on the date that is 20 business days pnor to the repurchase date until the close of business on the business day before the repurchase date, a written notice to us and the trustee of such holder's exercise of the repurchase right. This notice must be accompanied by certificates evidencing the New Note or New Notes with respect to which the right is being exercised, duly endorsed for transfer. This notice of exercise may be withdrawn by the holder at any time on or before the close of busine~s on the busine~s day preceding the repurchase date. We may not repurchase any New Note at any time when the subordination provisions of the Indenture otherWise would prohibit us from making payments of principal in respect of the New Notes. If we fail to repurchase the New Notes when reqUired under the preceding paragraph, this failure will constitute an Event of Default under the Indenture whether or not repurchase is permitted by the subordinatIOn provisions of the Indenture For a discussion of the tax treatment to a holder of the New Notes upon repurchase at the option of the holder, see "Certain United States Federal Tax Considerations - Consequences to U.S. Holders of New Note~ - Sale, Exchange or Redemphon of the New Notes" and "- Consequences to Non-US. Holders of New Notes - Sale, Exchange or RedemptIOn of the New Notes or Common Stock" Mandatory Redemption Except as set forth under "- Right to Require Purchase of New Notes upon a Change in Control" and "- Repurchase of New Notes at the Option of the Holder," we are not required to make mandatory redemption of, or sinking fund payments with respect to, the New Notes. . Right to Require Purchase of New Notes Upon a Change in Control If a Change in Control (as defined below) occurs, each holder of New Notes may require that we repurchase the holder's New Notes on the date fixed by us that IS not less than 45 nor more than 60 days after we gIve notice of the Change in Control We Will repurchase the New Notes for an amount of cash equal to 100% of the principal amount of the New Notes on the date of purchase, plus accrued and unpaid Interest to the date of repurchase. "Change In Control" means the occurrence of one or more of the follOWing events. (1) any sale, lease, exchange or other transfer (In one transactIOn or a series of related transactions) of all or "substantially" all of the assets of Waste Connections and its subsidiaries, taken as a whole, to any person or group of related persons, as defined In SectIOn 13(d) of the Exchange Act; (11) the approval by the holders of capital stock of Waste ConnectIOns of any plan or proposal for the liqUidation or dissolutIOn of Waste Connections (whether or not otherwise in compliance with the proviSIOns of the applicable Indenture), (iii) any person or group shall become the owner, directly or indirectly, beneficially or of record, of shares representing more than 50% of the aggregate ordinary voting power represented by Waste Connections' issued and outstanding voting stock of, or any successor to, all or substantially all of Waste ConnectIOns' assets, or (iv) the first day on which a majority of the members of Waste Connections' board of dIrectors are not ContinUing Directors. The definition of Change in Control includes a phrase relating to the sale, lease, exchange or other transfer of "all or substantially all" of the assets of Waste Connections and Its ~ubsidlanes taken as a whole. Although there is a developing body of case law interpreting the phrase "substantially all," there IS no precise established definitlOn of the phrase under applicable law. Accordingly, the ability of a holder of New Notes to . 36 . reqUIre Waste Connections to repurchase such New Notes as a result of a sale, lease, exchange or other transfer of less than all of the asset~ of Waste ConnectIOns and Its subsidiaries taken as a whole to another person or group may be uncertaIn. "Continuing Directors" means, as of any date of determination, any member of the board of directors of Waste Connections who (I) was a member of such board of directors on the date of the original issuance of the New Notes or (n) was nommated for election or elected to such board of directors with the approval of a majority of the Continuing Directors who were members of such board at the time of such nomination or election. On or prior to the date of repurchase, we will deposit with a paying agent an amount of money sufficient to pay the aggregate repurchase price of the New Notes which is to be paid on the date of repurchase. We may not repurchase any New Note at any time when the subordination proviSIOns of the Indenture otherwise would prohibIt us from making payments of principal in respect of the New Notes. If we fail to repurchase the Ncw Notes when required under the precedmg paragraph, this fmlurc will constitute an Event of Default under the Indenture whether or not repurchase is permitted by the subordination provisIOns of the Indenture On or before the 30th day aftcl the Change In Control, we must mall to the trustee and all holders of the New Notes a notice of the occurrence of the Change in Control, stating: . the repurchase date; . thc date by which the repurchase right must be exercised; . . the repurchase price for the New Notes; and . the procedures which a holder of New Notes must follow to exercise the repurchase right. To exerCIse the repurchase right, the holder of a New Note must deliver. on or before the third business day before the repurchase date, a wfltten notice to us and the trustee of the holder's exercise of the repurchase fight ThiS notice must be accompamed by certificates evidencing the New Note or New Notes With respect to which the right IS bemg exerCIsed, duly endorsed for transfer. This notlce of exercise may be withdrawn by the holder at any time on or before the c1o~e of bUSIness on the bUSIness day preceding the repurchase date. The effect of these provisions granting the holders the right to require us to repurchase the New Notes upon the occurrence of a Change in Control may make it more difficult for any person or group to acquire control of us or to effect a bUSiness combinatIOn WIth us. Moreover, under the Indenture, we will not be permitted to pay prinCipal of or Interest on, or otherwIse acquire the New Notes, including any repurchase at thc election of the holders of New Notes upon the occurrence of a Change m Control, if a payment default on our Senior Indebtedness has occurred and is continUIng, or If our Semor Indebtedness IS not paid in full in the event of our insolvency, bankruptcy, rcorganization, dis~olution or other wmdmg up Our ability to pay cash to holders of New Notes follOWIng the occurrence of a Change In Control may be limited by our then existing financial re~ources. We cannot assure you that sufficient funds will be available when necessary to make any reqUIred repurchases. See "Risk Factors - We may not be able to repurchase the New Notes when required to." If a Change in Control occurs and the holders exercise their rights to reqUIre us to repurchase New Notes, we intend to comply WIth applicable tender offer rules under the Exchange Act With respect to any repurchase. . The term "beneficial owner" shall be determined In accordance with Rules 13d-3 and 13d-5 promulgated by the SEe under the Exchange Act or any successor provision, except that a person shall be deemed to have "beneficlal ownership" of all shares of our common stock that the person has the right to acquire, whether exerCIsable ImmedIately or only after the passage of time 37 Consolidation, Merger and Sale of Assets We may, without the consent of the holders of any of the New Notes, consolidate with, or merge into any other person or convey, transfer or lease our properties and assets substantially as an entirety to, any other person, if: . . we are the resultmg or surviving corporation or the successor. transferee or lessee. if other than us, is a corporation organized under the laws of any U.S. jurisdIction and expressly assumes our obligatIOns under the Indenture and the New Notes by means of a supplemental indenture entered into with the trustee, and . after giving effect to the transaction, no Event of Default and no event which, with notice or lapse of tIme, or both, would constitute an Event of Default, shall have occurred and be continuing. Under any consolidation, merger or any conveyance, transfer or lease of our properties and assets as descnbed in the preceding paragraph, the successor company will be our successor and shall succeed to, and be substituted for, and may exercise every right and power of, Waste Connections under the Indenture. If the predecessor is still in existence aftcr the transactIon, It Will be released from Its obligations and covenants under the Indenture and the New Notes. Modification and Waiver We and the trustee may enter mto one or more supplemental indentures that add, change or ehmmate provision~ of the Indenture or modify the rights of the holders of the New Notes with the consent of the holders of at least a majority m pnncipal amount of the New Notes then outstandIng. Without the consent of each holder of an outstanding New Note, however, no supplemental indenture may, among other things: . change the stated maturity of the pnncipal of, or any Installment of interest on, any New Note; . reduce the principal amount of, or the premium or rate of interest on, any New Note; . change the currency In which the prinCipal of any New Note or any premium or lI1tcrest is payable; . impaIr the right to institute suIt for the enforcement of any payment on or with respect to any New Note when due; . . adversely affect the right provided in the Indenture to convert any New Note, . modify the subordInation proVIsions of the Indenture in a manner adverse to the holders of the New Notes; . modify the provisions of the Indenture relating to our requirement to offer to repurchase New Notes upon a Change In Control or at the option of the holders in a manner adverse to the holders of the New Notes; . reduce the percentage In prinCipal amount of the outstandIng New Notes necessary to modify or amend the Indenture or to cons,ent to any waiver prOVided for in the Indenture, or . waIve a default in the payment of prinCipal of, or any premium or mterest on, any New Note. The holders of a majority in prIncipal amount of the outstandIng New Notes may, on behalf of the holders of all New Notes' . WaIve comphance by us With restrictive proVISIOns of the Indenture other than as provided In the preceding paragraph: and . waive any past default under the Indenture and Its consequences, except a default in the payment of the pnncipal of or any premium or lI1terest on any New Note or 111 respect of a provision which under the Indenture cannot be modified or amended without the consent of the holder of each outstanding . 38 . New Note affected. Without the consent of any holders of New Notes, we and the trustee may enter mto one or more supplemental indentures for any of the following purposes. . to cure any ambigUIty, omIssion. defect or Inconsistency in the Indenture; . to evidence a successor to us and the assumption by the successor of our oblIgatIOns under the Indenture and the New Notes; . to make any change that does not adversely affect the rights of any holder of the New Notes, . to comply wIth any requirement in connectIon with the qualIfication of the Indenture under the Trust Indenture Act; or . to complete or make provision for certain other matters contemplated by the Indenture. . Events of Default Each of the following is an "Event of Default"; (l) a default in the payment of any interest upon any of the New Notes when due and payable, contmued for 30 days; (2) a default in the payment of the pnncIpal of and premium, if any, on any of the New Notes when due, including on a redemption date, purchase date or repurchase date; (3) failure to pay when due the principal of or interest on indebtedness for money borrowed by us or our subsidiaries in excess of $20.0 million, or the acceleration of that indebtednes~ that is not withdrawn within 15 days after the date of wntten notice to us by the trustee or to us and the trustee by the holders of at least 25% in pnnclpal amount of the outstandIng New Notes; (4) a default by us in the performance, or breach, of any of our other covenants in the Indenture which are not remedied by the end of a period of 60 days after written notice to us by the trustee or to us and the trustee by the holders of at least 25% In principal amount of the outstanding New Notes; or (5) events of bankruptcy, insolvency or reorgamzatIon of Waste Connections or any Significant SubSIdiary of Waste Connections. If an Event of Default described in clauses (l), (2), (3) or (4) occurs and is continuing, either the trustee or the holders of at least 25% in principal amount of the outstanding New Notes may declare the principal amount of, and accrued interest on, all New Notes to be immediately due and payable This declaratIOn may be reSCInded if the condItions described in the Indenture are satisfied If an Event of Default of the type referred to in clause (5) occurs, the pnnclpal amount of and accrued interest on the outstandIng New Notes wIll automatically become Immediately due and payable. "Significant Subsidiary" means a "Significant SubSidiary" as defined in Regulation S-X under the Exchange Act. Within 90 days after a default, the trustee must give to the regIstered holders of New Notes notice of all uncured defaults known to It. The trustee will be protected in withholding the notIce if it in good faith determines that the withholding of the notice is in the best interests of the registered holders, except in the case of a default in the payment of the pnncipal of, or premium, if any, or Interest on, any of the New Notes when due or III the payment of any redemptIOn obligation The holders of not less than a majority III prinCIpal amount of the outstanding New Notes may direct the time, method and place of conducting any proceedings for any remedy available to the trustee, or exerCising any trust or power conferred on the trmtee. Subject to the provisions of the Indenture relating to the dutIes of the trustee, If an Event of Default occurs and is continUing, the trustee Will be under no obligatIon to exercise any of the rights or powers under the Indenture at the request or direction of any of the holders of the New Notes unless the holders have offered to the trustee reasonable indemmty or security against any loss, lIability or expense. Except to enforce the right to receive payment of principal, premium, If any, or Interest when due . 39 or the rIght to convert a New Note In accordance with the Indenture, no holder may InstItute a proceedIng or pursue any remedy with respect to the Indenture or the New Notes unless It complies with the conditions provided in the Indenture, includIng' . holders of at least 25% in prinCIpal amount of the outstanding New Notes have requested the trustee to pursue the remedy; and holders have offered the trustee securIty or indemnity satisfactory, to the trustee against any loss, lIabIlity or expense. We are required to deliver to the trustee annually a certificate indicatIng whether the officers SIgning the certificate know of any default by us In the performance or observance of any of the terms of the Indenture. If the officers know of a default, the certificate must speCIfy the status and nature of all defaults. . Book Entry, Delivery and Form DTC wIiI act as securitIes depositary for the New Notes. The New Notes Will be mltlally issued in the form of one or more global notes regIstered in the name of DTC or ItS nomInee. Upon the issuance of a global note, DTC or ItS nominee will credit the accounts of persons holding through It with the respective principal amounts of the New Notes represented by such global note. Ownership of beneficial interests in a global note will be lImited to persons that have accounts WIth DTC ("participants") or persons that may hold interests through participants. Any person acquiring an interest in a global note through an offshore transaction may hold such interest through Cedel or Euroclear. Ownership of benefiCIal interests In a global note will be shown on, and the transfer of that ownership interest will be effected only through, records maIntamed by DTC (w ith respect to participants' interests) and such participants (with respect to the owners of beneficial interests In such global note other than partIcipants). The laws of some jurisdictions may require that certaIn purchasers of securities take physical delivery of such seCUrIties in definitive form. Such limits and such laws may impair the ability to transfer or pledge beneficial interests In a global note. Payment of principal of and interest on New Notes represented by a global note will be made in Immediately available funds to DTC or its nominee. as the case may be, as the sole registered owner and the sole holder of the New Notes represented thereby for all purposes under the Indenture. We have been advised by DTC that upon receipt of any payment of principal of or interest on any global note, DTC will immediately credit. on its book-entry regIstration and transfer system, the accounts of participants with payments in amounts proportionate to their respective benefiCial interests III the prIncipal or face amount of such global note as shown on thc records of DTC Payments by partICIpants to owners of beneficial interests in a global note held through such partIcipants will be governed by standing instructions and customary practices as IS now the case with securitIes held for customer accounts registered in "street name" and will be the sole responSIbilIty of such partiCIpants A global note may not be transferred except as a whole by DTC or a nomInee of DTC to a nomInee of DTC or to DTC. A global note is exchangeable for certificated New Notes only if: . DTC notifies us that It IS unwilling or unable to contInue as a depOSitary for such global note or if at any time DTC ceases to be a clearIng agency registered under the Exchange Act and we do not appoint a successor depositary within 90 days of such notIce; . we In our discretion at any time determine not to have all the New Notes represented by such global note, or . . there shall have occurred and be continuing a default or an Event of Default with respect to the New Notes represented by such global note. Any global note that is exchangeable for certificated New Notes pursuant to the precedmg sentence will be exchanged for certificated New Notes In authOrIzed denominations and registered in such names as DTC or any successor depositary holding such global note may direct. Subject to the foregoing, a global note is not exchangeable, except for a global note of like denomination to be registered in the name of DTC or any successor depOSItary or its nominee. In the event that a global note becomes exchangeable for certificated New Notes, . 40 . . certificated New Notes will be Issued only m fully registered form m denommations of $1,000 or integral multlples thereof, . payment of pnncIpal of, and premium, If any, and mterest on, the certificated New Notes will be payable, and the transfer of the certificated New Notes will be registerable, at our office or agency mamtamed for such purposes, and . no service charge will be made for any registration of transfer or exchange of the certIficated New Notes, although we may require payment of a sum sufficient to cover any tax or governmental charge Imposed m connection therewith . So long as DTC or any successor depositary for a global note, or any nominee, is the registered owner of such global note. DTC or such successor deposltary or nominee, as the case may be, will be considered the sole owner or holder of the New Notes represented by such global note for all purposes under the Indenture and the New Notes Except as set forth above, owners of beneficial interests in a global note will not be entitled to have the New Notes represented by such global note registered m their names, WIll not receive or be entitled to receive phy~ical delivery of certificated New Notes in definitive form and will not be considered to be the owners or holders of any New Notes under such global note. Accordingly, each person owning a benefiCial interest in a global note must rely on the procedures of DTC or any successor depOSitary, and. if such person is not a participant, on the procedures of the participant through \\hich such person owns its intelest, to exelcise any lights of a holder under the Indenture. We understand that under eXisting industry practices, m the event that we request any'actlon of holders or that an owner of a beneficlalmterest in a global note desires to give or take any action which a holder is entitled to give or take under the Indenture, DTC or any successor depOSitary would authonze the participants holding the relevant beneficial mterest to give or take such actlon and such partiCIpants would authonze benefiCial owners owning through such participants to give or take such actIon or would otherwise act upon the mstructlOns of benefiCial owners owning through them. DTC has advised us that DTC IS' . a limited-purpose tru&t company orgamzed under the Banking Law of the State of New York; . a member of the Federal Reserve System, a "clearing corporation" within the meaning of the New York Uniform CommercIal Code, and . a "cleanng agency" registered under the Exchange Act DTC was created to hold the securities of its participants and to facilitate the clearance and settlement of securitic& transactIOns among its partICIpants m such secunties through electronic book-entry changes In accounts of the partiCipants, thereby elimmatmg the need for physical movement of secunties certIficates DTC's participants include securities brokers and dealers, banks. trust companies. clearing corporations and certain other organizations some of whom (or their representatives) own DTC. Access to DTC's book-entry sy&tem is also aVailable to others, such as banks, brokers, dealers and trust companies that clear through or maintain a custodial relationship with a participant, either directly or mdirectly. Although DTC has agreed to the foregoing procedures in order to facilitate transfers of interests in global notes among participants of DTC, it is under no obligation to perform or continue to perform such procedures, and such procedures may be discontinued at any time DTC may discontinue providing ItS services as depositary with respect to the New Notes at any time by giVIng reasonable notice to us. Under such circumstances, m the event that a successor depositary is not obtaIned, certificated New Notes are reqUlred to be prInted and dclivered . We may deCIde to discontinue use of the system of book-entry transfers through DTC, or a successor depositary. In that event, certificated New Notes will be pnnted and delivered. Neither we nor the trustee WIll 41 have any responsIbilIty for the performance by DTC or ItS participants or indIrect partIcipants of their re~pective obligations under the rules and procedures governmg their operations. . Governing Law The Indenture and the New Notes are governed by and WIll be construed in accordance wIth the laws of the State of New York without regard to principles of conflict of laws. . 42 . . DESCRIPTION OF CAPITAL STOCK A descnption of our capital stock is mcorporated by reference to our Registration Statement on Form 8-A (Flle No. 000-23981), filed with the SEC on April 2, 1998, which IS incorporated mto this offering circular by refcrence At our annual meetmg of stockholdels on May 26, 2004, we amended our amended and restated certificate of incorporation to increase the number of the company's authorized shares of common stock from 50,000,000 to 100,000,000. Noteholders desiring copies of such documents may contact us at our address or phone number indicated under "Where You Can Find More InformatiOn." CERTAIN UNITED STATES FEDERAL TAX CONSIDERATIONS The following is a summary of certain United States federal income and estate tax considerations relating to the exchange offer and the ownership and disposition of the New Notes and common stock into which the New Notes are convertible (the "Common Stock"), but does not purport to be a complete analysis of all the potential tax consideratiOns relatmg thereto. This summary is based upon the proviSIOns of the Internal Revenue Code of 1986, as amended (the "Code"), Treasury Regulations promulgated thereunder, admillls- trative rulings and JudIcial deCisions, all as of the date hereof. These authoritles may be changed, possibly retroactIvely, so as to result m Ulllted States federal Income and estate tax consequences different from those set forth below. We have not sought any ruling from the Internal Revenue Service ("IRS") with respect to the statements made and the conclusions reached In the following summary, and there can be no assurance that the IRS Will agree with such statements and conclusions. For purposes of this discussion, the term "notes" refers to both Old Notes and New Notes. . This summary is limited to holder, who receive the New Notes in exchange for Old Notes pursuant to the exchange aIrel' or, with respect to the discussion under "Consequences of the Exchange Offer - Non- Exchanging Holders," holders who do not exchange their Old Notes pursuant to the exchange offer, and, in each case, who hold notes and the Common Stock as capital assets WithIn the meaning of the Code. This summary also doe, not address the tax consideratIOns armng under the laws of any foreign, state or local JunsdlctiOn In additIOn, thiS discussion does not address tax consideratiOns applicable to an Investor's particular circumstances or to investors that may be subject to special tax rules, including, without limitatiOn: . banks, insurance companies, or other financial institutions; . holders subJect to the alternative milllmum tax; . tax-exempt orgalllzatlOns; . dealers in securities or currencies; . traders m secuntles that elect to use a mark-to-market method of accounting for their securities holdings; . foreign per>ons or entities (except to the extent specifically set forth below); . persons that own, or are deemed to own, more than 5% of our Company (except to the extent specifically set forth below), . persons that, on the date of acquisltloll of the notes, own notes with a fair market value of more than 5% of the aggregate fall' market value of our common stock; . certaIn former cItizens or long-term residents of the United States, . U.S holders (as defined below) whose functional currency is not the U.S. dollar, . persons who hold the notes as a posltion in a hedging transaction, "straddle," "conversion transaction" or other risk reductiOn transactiOlls, or . . persons deemed to sell the notes or common stock under the constructive sale provisions of the Code 43 . In addItIOn, if a holder IS an entIty treated as a partnership for United States federal income tax purposes, the tax treatment of each partner of such partnership generally will depend upon the status of the partner and upon the activities of the partnershIp. Partnerships that hold notes or common stock, and partners in such partnerships, should consult theIr tax advisors. For purposes of this dIscussion, a "U.S. holder" means a holder of notes that is: . an IndIvidual citIzen or resident of the United States; . a corporation or other entity taxable as a corporation for United States federal income tax purposes, or partnershIp or other entity taxable as a partnership for United States federal Income tax purposes, created or organized in the United States or under the laws of the United States, any state thereof, or the DIstrIct of Columbia; . an estate, the Income of which is subject to United States federal income taxation regardless of its source; or . a trust that (1) IS subject to the primary supervIsion of a United States court and the control of one or more United States persons or (2) has a valid election in effect under applIcable Treasury Regulations to be treated as a United States person. A non-US holder IS a holder of notes that IS not a U.S. holder. YOU ARE URGED TO CONSULT YOUR TAX ADVISOR WITH RESPECT TO THE APPLICA- TION OF THE UNITED STATES FEDERAL INCOME TAX LAWS TO YOUR PARTICULAR SITUATION AS WELL AS ANY TAX CONSEQUENCES OF THE EXCHANGE OFFER AND THE OWNERSHIP AND DISPOSITION OF THE NEW NOTES AND THE COMMON STOCK ARISING UNDER THE FEDERAL ESTATE OR GIFT TAX RULES OR UNDER THE LAWS OF ANY STATE, LOCAL, FOREIGN OR OTHER TAXING JURISDICTION OR UNDER ANY APPLICABLE TAX TREATY. . Consequences of the Exchange Offer Exchanging Holders Generally, the modification of a debt instrument, whether effected pursuant to an amendment of the terms of a debt instrument or an actual exchange of an existing debt instrument for a new debt Instrument, will be treated as an exchange of the existing debt instrument for a new debt Instrument for tax purposes if there is deemed to be a "significant modIfication" of the existing debt instrument as determmed for United States federal income tax purposes. It is not entirely clear whether the exchange of the Old Notes for New Notes will be treated as a slgmficant modIfication of the terms of the Old Notes for United States federal Income tax purposes. The exchange WIll be a significant modificatIOn If, based on all facts and circumstances, the legal rights or obligations that are altered and the degree to which they are altered are economically SIgnificant. We intend to take the pOSition that the exchange of Old Notes for New Notes will not constItute an exchange for Umted States federal Income tax purposes because we believe that the differences between the terms of the Old Notes and the New Notes are not economically significant and, as a result, do not constitute a slgmficant modification of the terms of the Old Notes for Umted States federal income tax purposes. Assuming that the exchange of Old Notes for New Notes does not constItute a sigmficant modIficatIon of the Old Notes, subject to the diSCUSSIOn of fractional New Notes below, you will not recognize any gaIn or loss as a result of the exchange, and you Will have the same tax baSIS and holdIng period In the New Notes as you had in the Old Notes pnor to the exchange. The diSCUSSIOns under "Tax Consequences to US. Holders of New Notes" and "Tax Consequences to Non-US. Holders of New Notes" below assume that the exchange is not treated as a SIgnificant modification of the Old Notes for United States federal income tax purposes. There can be no assurance that the IRS will agree that the exchange does not constitute a signilicant modification of the term~ of the Old Notes. If the exchange were treated as a significant modificatIOn of the terms of the Old Notes, such exchange should be treated as a recapitalizatIOn for Umted States federal income tax purposes If the exchange were treated as a recapitalization, subject to the discussion of fractional New . 44 I' . . Notes below, you should not recogmze any gain or loss as a result of the exchange, and you should have the same tax basis and holding period m the New Notes as you had in the Old Notes prior to the exchange. Whether the exchange would constitute a recapItalization would depend, In part, on whether the notes were treated as "securities" for United States federal income tax purposes. Whether a debt Instrument constitutes a security depends on a vanety of factors. including the term of the instrument. A debt instrument wIth a term of five years or less generally does not quahfy as a security, and a debt instrument with a term of ten years or more generally does qualify as a secunty The treatment of a debt instrument wIth a term between five and ten years as a security is unclear. Because holders have the nght to require us to redeem the notes at certain times prior to matunty of the notes, the notes may be VIewed as having terms of less than ten years and, as a result, may not constItute secunties for United States federal income tax purposes. If the Old Notes or the New Notes were not treated as secunties, the exchange would be a taxable transaction for United States federal income tax purposes In such case, you would recognize gain or loss in the manner descnbed below under "- Consequences to U.S Holders of New Notes - Sale Exchange or Redemption of the New Notes" or "- Consequences to Non-U.S. Holders of New Notes - Sale. Exchange or RedemptIOn of the New Notes or Common Stock," as apphcable, treating the issue price of the New Notes (as described below) plus any cash in lieu of fractional New Notes you receive as your amount realized in the exchange Your holding penod in the New Notes would begin the day after the exchange, and your tax basis in the New Notes generally would equal the issue pnce of the New Notes. If the exchange of Old Notes for New Notes IS treated as an exchange for tax purposes (i e, either a recapitalization or a taxable exchange). it will be necessary to determine the "Issue price" of the New Notes. If eIther the Old Notes or the New Notes are traded on an established securities market for purposes of the original issue discount provisions of the Code, the issue plice of the New Notes would equal the fair market value of the publicly traded notes as of the date the New Notes are issued. In such case, the New Notes would be issued with original issue discount if theIr stated redemption price at maturity exceeded their issue price, or, alternatively, would be issued WIth bond premIUm If your adjusted tax basis in your New Notes exceeded the amount payable in respect of such New Notes at matunty. If both the Old Notes and the New Notes are not so traded, because the interest rate on the New Notes is less than the applicable federal rate for a debt Instrument WIth a term equal to the term of the New Notes, the is~ue price of the New Notes would equal their "Imputed princIpal amount" within the meamng of the Code. The imputed principal amount of a New Note generally would equal the sum of the present values of all payments due under the New Note, using a dIscount rate equal to the long-term appltcable federal rate in effect at the time of the exchange oIfer.In such case, a New Note would be issued with original Issue discount because the issue price of a New Note would be less than its stated redemption price at maturity (generally, the amount we are reqUIred to pay you upon maturity of the New Note). Subject to a statutory de mimmis rule, you would be required to include any original Issue discount in income on a constant yield to maturity basis over the term of the New Notes and in advance of your receipt of cash payments attnbutable to such income. Subject to applicable limitations. you may elect to amortize bond premium as an offset to Interest Income otherwIse required to be included in Illcome III respect of the New Notes dunng the taxable year. Even if you generally do not recogmze any gain or loss as a result of the exchange because the exchange does not constItute a significant modificatIOn of the Old Notes or qualifies as a recapItahzation, you may recogm7e gain or loss WIth respect to any cash received in heu of fractional notes. A U.S. holder who receives cash III lieu of a fractlOnal New Note 'WIll recognize gaIll or loss In the manner descnbed below under "- Consequences to U.S. Holders of New Notes - Sale, Exchange or Redemption of the New Notes." The receIpt of cash In lieu of fractional notes by a non-U S. holder wIll be subject to tax as descnbed under "- Consequences to Non-U.S. Holders of New Notes - Sale, Exchange or Redemption of New Notes or Common Stock." . 45 Non-Exchanging Holders If you are a holder of Old Notes who does not exchange your Old Notes for New Notes m the exchange offer, you will not recogniLe any gam or loss for Umted States federal income tax purposes as a result of the exchange offer. You will continue to have the same tax basis and holding period in your Old Notes as you had pnor to the exchange offer. . Consequences to U.S. Holders of New Notes The following is a summary of certain United States federal income tax consequences that will apply to you If you are a U.S. holder of the New Notes. Certain consequences to "non-U.S. holders" of the Ncw Notcs are descnbed under "- Consequences to Non-U.S. Holders of New Notes" below. Interest You generally mu~t include Intcrest paid on the New Notes as ordinary income at the timc it IS received or accrued, in accordance with your regular method of accountmg for United States federal mcome tax purposes. Atlditional Amounts As descnbed under the heading "Description of Notes - Conversion Price Adjustments" and "- Op- tional Redemption of the New Notes," we may be required to pay you additional amounts under certain circumstances. This discussIOn assumes that the New Notes are not treated as contingent payment debt instmments due to the possibility of such addItional amounts. We intend to take the position that any payments of additIOnal amounts described under "Description of the New Notes - ConversIOn Price Adju~tments" should bc taxable to you as additIOnal ordinary Income and that any paymcnts of additional amounts descnbed under "Descnption of the New Notes - Optional Redemption of the New Notes" should be taxable to you in the manner de~cribed under "Sale, Exchange or Redemption of the New Notes," in each case, when received or accrued, in accordance with your method of accounting. This position is based in part on the assumptIOn that, as of the date of issuance of the New Notes, the possibility that additional amounts Will have to be paid is a "remote" or "mcidental" contingency within the meaning of applicable Treasury regulations. Our determination that such possibility is a remote or incidental contingency is binding on you, unless you expliCitly disclose that you are takmg a different pOSitIOn to the IRS on your tax return for the year during which you acqUire the New Note. However, the IRS may take a contrary position from that described above, which could affect the timmg and charactcr of both your income from the notcs and our dcduction With respect to the payments of additional amounts If we pay additional amounts, you should consult your tax advisor concernmg the appropriate tax treatment of the payment of additional amounts With respect to the New Notes . Market Discount If you acqUired an Old Note at a cost that is less than the stated redemption price (I e., the principal) at maturity of the notes, the amount of such difference is treated as "market discount" for federal income tax purposes, unless such difference IS less than .0025 multiplied by the stated redemption price at maturity multiplied by the numbcr of complcte years to matunty (from the date of acqUlsitlOn). Any applicable market discount on your Old Notes will carry over to your New Notes. Undcr the markct discount mles of the Code, you are rcqUlred to treat any gain on the sale, exchange, retirement or other disposition of a New Note as ordinary income to the extent of the accmed market discount that has not previously been included in income Thus, prinCipal payments and payments received upon the sale or exchange of a New Note are treated as ordinary income to the extent of accmed market discount that has not preVIOusly been included In mcome. If you dispose of a New Note With market discount in certain otherwise nontaxable transactions, you must include accmed market discount as ordinary income as If you had ~old thc Ncw Notc at its then fair markct value. 46 . . In general, the amount of market dIscount that has accrued is determined on a ratable basis. You may, however, elect to determine the amount of accrued market discount on a constant YIeld to maturity basis. This electIOn IS made on a debt Instrument-by-debt Instrument basis and IS irrevocable. WIth respect to New Notes WIth market discount, you may not be allowed to deduct immediately a portion of the interest expense on any indebtedness incurred or continued to purchase or to carry the notes. You may elect to include market discount in income currently as It accrues, In which case the interest deferral rule set forth in the precedmg sentence will not apply. ThiS election will apply to all debt instruments that you acquire on or after the first day of the first taxable year to whIch the election applies and is irrevocable without the consent of the IRS. Your tax basis in a New Note will be increased by the amount of market discount Included in your Illcome under the election Amortizable Bond Premium . If you purchased an Old Note for an amount in excess of the stated redemption price at maturity, you will be considered to have purchased the Old Note with "amortizable bond premium" equal in amount to the excess. Any applicable amortizable bond premIUm will carryover to a New Note you receive in the exchange offer. Generally, you may elect to amortiL:e the premIUm as an offset to Illterest income otherwise required to be included in income in respect of the New Note during the taxable year, using a constant yield method similar to that described above, over the remaining term of the New Note (or, If it results in a smaller amount of amortizable premium, until an earlier call date). Under Treasury Regulations, the amount of amortizable bond premIUm that you may deduct in any accrual period IS limited to the amount by which your total interest inclusions on the New Note in prior accrual periods exceed the total amount treated by you as a bond premium deduction m prior accrual periods. If any of the excess bond premium is not deductIble, that amount is carned forward to the next accrual perIod. If you elect to amortIze bond premium, you must reduce your tax basis in the New Note by the amount of the premium used to offset mterest income as set forth above. An election to amortize bond premium applIes to all taxable debt obligations then owned and thereafter acquired by you and may be revoked only with the consent of the IRS. Sale, Exchange or Redemption of the New Notes Upon the sale, exchange or redemption of a New Note (other than a conversion descnbed below under "- Conversion of the Notes"), you generally will recogmze capital gain or loss equal to the dIfference between (I) the amount of cash proceeds and the fair market value of any property received on the sale, exchange or redemptIOn (except to the extent such amount IS attrIbutable to accrued interest income not previously mcluded in income, whIch Will be taxable as ordinary income) and (ii) your adjusted tax baSIS in the New Note. Your adjusted tax basis III aNew Note generally will equal the amount you paid for the Old Note and will be subsequently increased by market discount previously included in income in respect of the Old Note and the New Note received In exchange for such Old Note and will be reduced by any amortizable bond premium III respect of the Old Note and the New Note received m exchange for such Old Note whIch has been taken into account. Except as des en bed under "Market Discount" above, such capital gain or loss wIll be long-term capItal gain or loss if your holding period in the New Note is more than one year at the time of sale, exchange or redemptIOn. Long-term capital gaInS recognized by certain noncorporate U.S. holders. including individuals, generally Will be subject to a reduced tax rate. The deductibility of capital losses IS subject to lImitations. COUl'ersion of the New Notes . If you convert a New Note and we delIver a combination of cash and common stock. you should recognlLe any gain (but not loss) realIzed, but only to the extent that such gain does not exceed the cash received (other than cash received that is attrIbutable to accrued Interest Income and other than cash received III lIeu of a fractional share of common stock). Such galll generally will be a capital gain and Will be taxable as described under "- Sale. Exchange or RedemptIOn of the Notes," above. 47 Cash received m lieu of a fractIOnal share of common stock upon a converSlOn of a New Note should be treated as a payment m exchange for the fraction a] share. According]y, the receipt of cash in lieu of a fractIonal share of common stock should generally result in capital gain or loss, if any, measured by the difference between the cash received for the fractional share of common stock and your tax basis in the fractlOnal share. Cash received that is attributable to accrued mterest income not previously mcluded in income will be taxable as ordinary income. Your tax basis in any common stock received from us in exchange for aNew Note should equal your adjusted tax basis m the New Note at the tIme of the exchange, reduced by any basis allocable to a fractional share. reduced by the amount of cash received in the exchange (other than eash received that is attributable to accrued interest income not previously mcluded in income and other than cash received in lieu of a fractional share of common stock) and Increased by the amount of any gain recognized by you on the exchange (other than gain with respect to a fractional share). The holdmg penod for common stock received on conversion generally should include the holding period of the New Note converted. If you convert a New Note and we deliver solely cash equal to the prinCIpal amount of the New Note in satisfaction of our obligation, you generally will be subject to the rules described in "- Sale, Exchange or RedemptIon of the Notes." . Constructive Dividends Holders of convertible debt instruments such as the New Notes may, in certain circumstances, be deemed to have received distributions of stock if the conversion price of such instruments is adjusted. However, adjustments to the conversion price made pursuant to a bona fide reasonable adjustment formula which has the effect of preventing the dilution of the interest of the holders of the debt instruments generally will not be deemed to result in a constructive dIstnbution of stock Certam of the possIble adjustments provided in the New Notes (mcludmg, without limitatlOn, adjustments III respect of taxable dIvidends to our stockholders) may not qualify as being pursuant to a bona fide reasonable adjustment formula. If such adjustments are made, you may be deemed to have received constructive dIstnbutions mcludible m your income in the manner described below under "- DiVIdends" even though you have not receIved any cash or property as a result of such adjustments In addition, in certain circumstances, the fallure to provide for such an adjustment may also result In a constructIve distnbution to you . Dividends DIstributlOns, if any, made on our common stock generally will be included in your income as ordinary dIVIdend income to the extent of our current or accumulated earmngs and profits. DIstributions in excess of our current and accumulated earnings and profits will be treated as a return of capita] to the extent of your adjusted tax basIs m the common stock and thereafter as capital gain from the sale or exchange of such common stock. DiVIdends received by a corporate U.S. holder may be eligIble for a dividends received deductIon, and diVIdends receIved by non-corporate holders for taxable years beginmng prior to January 1, 2009, generally will be subject to tax at the lower applicable capital gams rate, provided certain holding period requirements are satIsfied. It is unclear whether any such constructive dividend would be eligible for the preferential rates of Umted States federal mcome tax applicable to certam dividends receIved by noncorporate holders descnbed above. It is also unclear whether a corporate holder would be entItled to claim the dlVidends received deduction with respect to a constructive dIVldend. Sale. Exchange 0/' Redemption of Common Stock Upon the sale. exchange or redemptlOn of our common stock, you generally will recognize capital gain or loss equal to the difference between (i) the amount of cash and the fair market value of any property received upon the sale, exchange or redemptlOn and (Ii) your adjusted tax basIs III the common stock. Such capital gam or loss will be long-term capital gain or loss If your holding period in the common stock IS more than one year at the tIme of the sale, exchange or redemption. Long-term capital gains recognized by certain non-corporate U S. holders, including indIVIduals, generally WIll be subject to a reduced rate of Umted States federal mcome . 48 . tax. Your adjusted tax basis and holding penod in common stock received upon a conversIOn of a New Note are determined as discussed above under "- ConversIOn of the Notes." The deductibility of capital losses is subject to limitatIons. Backup Withholding and Information Reporting We are reqUIred to furnish to the record holders of the New Notes and common stock, other than corporations and other exempt holders, and to the IRS, information with respect to interest paid on the New Notes and dlVldends paid on the common stock. You may be subject to backup withholding with respect to interest paId on the New Notes, dividends paid on the common stock or with respect to proceeds received from a disposition of the New Notes or shares of common stock. Certain holders (including, among others, corporations and certain tax-exempt orgamzations) are generally not subject to backup withholding. You will be subject to backup withholding If you are not otherwise exempt and you (i) fail to furnish your taxpayer IdentificatIOn number ("TIN"), which, for an llldlVldual, IS ordlllarily his or her SOCial security number, (il) furnish an Incorrect TIN; (iii) are notified by the IRS that you have faIled to properly report payments of interest or dividends; or (iv) fail to certIfy. under penalties of perjury, that you have furnished a correct TIN and that the IRS has not notified you that you are subject to backup withholding. Backup withholding IS not an additIOnal tax but, rather, IS a method of tax collection. You generally will be entitled to credit any amounts withheld under the backup WithholdIng rules agaInst your US. federal Income tax lIability provided that the reqUIred Information is furnished to the IRS in a timely manner. . Consequences to Non-U.S. Holders of New Notes The following is a summary of certain material United States federal income and estate tax consequences that will apply to you If you are a non-US. holder of the New Notes In general. subject to the diSCUSSIOn below concerning backup withholding: Interest You wIll not be subject to the 30% United States federal withholding tax with re~pect to payments of interest on the New Notes, provided that. . you do not own, actually or constructively, 10% or more of the total combIned voting power of all classes of our stock entitled to vote, . you are not a "controlled foreign corporation" With respect to which we are, directly or llldlrectly, a "related person"; . you are not a bank receiving Interest pursuant to a loan agreement entered Into in the ordinary course of ItS trade or business; and . . you provide your name and address. and certify, under penalties of perjury, that you are not a United States person (which certification may be made on an IRS Form W-8BEN (or successor form)), or that you hold your New Notes through certain foreign intermediaries and you and the foreign Intermediaries satisfy the certification requirements of applicable Treasury Regulations Spccial ccrtification rules apply to non-U S. holders that are pass-through cntlties rather than corpora- tIons or individuals. Prospective investors should consult theu tax adVISors regarding the certdication requirements for non-US. holders. If you cannot satisfy the requirements described above, you will be <;ubject to the 30% United States federal withholding tax with respect to payments of interest on the New Notes, unless you provide us with a properly executed (I) IRS Form W -8BEN (or successor form) claIming an exemption from or reductlon in withholding under the benefit of an applIcable Untted States income tax treaty or (2) IRS Form W-8ECI (or successor form) stating that the Interest IS not subJcct to withholding tax because ]t is effectively connected 49 wIth the conduct of a United States trade or business. If you are engaged in a trade or business m the United States and interest on a New Note is effectively connected with your conduct of that trade or business, you will be subject to Umted States federal income tax on that interest on a net income basIs (although you will be exempt from the 30% withholding tax, provided the certification requitements descnbed above are satIsfied) in the same manner as if you were a United States person as defined under the Code. In addition, if you are a foreign corporation, you may be subject to a branch profits tax equal to 30% (or lower rate as may be prescnbed under an apphcable United States income tax treaty) of your earnmgs and profits for the taxable year, subject to adjustments, that are effectively connected with your conduct of a trade or business in the United States. . Additional Amounts Absent further relevant guidance from the IRS, we intend to treat payments of addItional amounts described under "Descnption of the New Notes - ConversIOn Price Adjustments", if any, made to non-U.S. holders as subject to United States federal wIthholding tax Therefore, we intend to withhold on such payments at a rate of 30% unless we receIve an IRS Form W-8BEN or an IRS Form W-8ECI from you claiming, respectIvely, that such payment~ are subject to reduction or elimmation of WIthholding under an applicable treaty or that such payments are effectively connected with your conduct of a United States trade or business. If we WIthhold tax from any payment of additIonal amounts made to you and such payment were determined not to be subject to United States federal tax, you generally would be entttled to a refund of any tax withheld. Sale, Exchange or Redemption of the New Notes or Common Stock Any gam realized by you on the sale, exchange, redemption or other disposition of a New Note (except with respect to accrued and unpaid mtefC',t, which would be taxable as descnbed above) or a share of common stock generally will not be subject to United States federal income tax unless: . . the gain is effectively connected with your conduct of a trade or business in the United States; . you are an individual who IS present m the United States for UD days or more m the taxable year of sale, exchange or other dispositIOn, and certain condItions are met; or . in the case of common stock, we are or have been a "Umted States real property holding corporation" for United States federal income tax purposes at any time during the shorter of the five-year period ending on the date of disposition or the period that you held our common stock If your gain is desenbed m the first bullet pomt above, you generally Will be subject to United States federalmcome tax on the net gam denved from the sale. If you are a corporation, then you may be required to pay a branch profits tax at a 30% rate (or such lower rate as may be prescribed under an applicable Umted States income tax treaty) on any such effectively connected gam. If you are an individual described in the second bullet point above, you WIll be subject to a flat 30% United States federal income tax on the gain derived from the sale, which may be offset by Umted States source capital losses, even though you are not considered a reSIdent of the Umted States. Non-Umted States holders should consult any applicable income tax treatIes that may provide for different rules. In addItion, such holders are urged to consult their tax advisers regardmg the tax consequences of the acqUISItion, ownership and disposItion of the New Notes or the common stock. We do not believe that we are currently, and do not antiCIpate becoming, a United States real property holding corporation. Even if we were. or were to become, a United States real property holding corporation, no adverse tax consequences would apply to you If you hold, directly and mdIrectly, at all times during the applicable penod, five percent or less of our common stock, proVIded that our common stock was regularly traded on an established securitIes market 50 . . Conversion of the New Notes To the extent you receive cash upon converSiOn of a New Note, you generally would be subject to the rules descnbed under "- Consequences to Non-U.S Holders - Sale, Exchange or Redemption of the Notes or Common Stock" above. Otherwise, you generally would not recognize any income, gam or loss on the converSiOn of aNew N ate into common stock. Dividends and Constructive Dividends . In general, dividends, if any, received by you with respect to our common stock (and any deemed distributions resulting from certam adjustments, or failures to make certain adjustments, to the conversion price of the New Notes, see "- Consequences to US. Holders of New Notes - Constructive Dividends" above) will be subject to withholding of Ulllted States federal income tax at a 30% rate, unless such rate is reduced by an applicable United States mcome tax treaty. Because a constructive dividend deemed received by a non-U.S. holder would not give rise to any cash from which any applicable Withholding tax could be satisfied, we may set-off any such withholding tax against cash payments of interest payable on the New Notes. Dividends that are effectively connected with your conduct of a trade or busmess in the United States are generally subject to United States federal income tax on a net income basb and are exempt from the 30% withholding tax (assuming compliance With certain certification requirements). Any such effectively con- nected dividends received by a non-US. holder that IS a corporation may also, under certain circumstances, be subject to the branch profits tax at a 30% rate or such lower rate as may be prescnbed under an applicable United States income tax treaty. In order to claim the benefit of a Umted States income tax treaty or to claim exemption from withholding because dividends paid to you on our common stock are effectively connected With your conduct of a trade or business m the Umted States, you must provide a properly executed IRS Form W -8BEN for treaty benefits or W -8ECI for effectively connected income (or such successor form as the IRS designates), prior to the payment of dividends. These forms must be pcriodlcally updatcd You may obtain a refund of any cxcess amounts withheld by timely filing an appropriate claim for refund. United Stutes Federul Estute Tux A New Note held by an individual who at the time of death is not a citiLen or resident of the United States (as specialty defined for United States federal estate tax purposes) will not be subject to United States federal estate tax if the mdividual did not actually or constructively own 10% or more of the total combined votmg power of all classes of our stock and, at the time of the individual's death, payments With respect to such New Note would not have been effectively connected with the conduct by such mdlVldual of a trade or busmess in the United States. If you are an mdividual who at the time of death is not a Citizen or resident of the United States (as specially defined for United States federal estate tax purpo~es), your common stock Will be subject to United States estate tax unless an applicable United States estate tax treaty prOVides otherwise. . Buckup Withholding and lnformution Reporting If you are a non-US. holder, in general, you will not be subject to backup Withholding and information reporting With respect to payments that we make to you prOVided that we do not have actual knowledge or reason to know that you are a United States person and you have given us the statement described above under "Conscquences to Non-US Holders - Interest" In addition, you Will not be subject to backup withholdmg or information reporting with respect to the proceeds of the sale of a New Note or a share of common stock within the United States or conducted through certain U S.-related finanCial mtermedianes, if the payor receives the statement described above and does not have actual knowledge or reason to know that you are a Ulllted States person, as defined under the Code, or you otherWise establish an exemptiOn. However, we may be reqUired to report annually to the IRS and to you the amount of, and the tax Withheld WIth respect to, any mterest or dividends paid to you, regardle<;s of whether any tax was actually Withheld. Copies of these informatIOn returns may also be made available under the prOVisions of a specific treaty or agreement to the tax authoritlcs of the country in which you reside. 51 You generally will be entItled to credIt any amounts withheld under the backup withholding rules against your U.S. federal income tax liability provided that the required information is furnished to the IRS in a tImely manner. . WHERE YOU CAN FIND MORE INFORMATION We file annual, quarterly and current reports, proxy statements and other mformation wIth the SEe. You may read and copy any matenals we tile wIth the SEC at the SEe's public reference room at Room 1024, 450 Fifth Street, N.W., Washington, D.e. You can request copies of these documents by writing to the SEC and paying a fee for the copymg cost. Please call the SEC at 1-800-SEC-0330 for more information about the operation of the publIc reference rooms. Our SEC filings are also aVailable at the SEC's website at ''http://www.sec.gov.'' In addition, we make our reports on Form lO-K, lO-Q and 8-K aVaIlable on our internet website free of charge after we file them with the SEe. Our internet web site address is www.wasteconnectlOns.com The mformatlOn mcorporated by reference is deemed part of thIS offering circular, except for any information superseded by information contained directly m this offermg cIreu]ar. The SEC allows us to "mcorporate by reference" Information that we file with it, which means that we can disclose important information to you by referring you to those documents. The information incorporated by reference is an important part of this offering circular, and information that we file later with the SEC will automatically update and supersede this InformatIon. All informatIOn appeanng in this offering circular is qualified In its entirety by the information and financIal statements (mcluding notes thereto) appearing in the documents incorporated by reference, except to the extent set forth In the immediately preceding sentence. Any such statement so modified or superseded shall not be deemed, except as so modIfied or superseded, to constitute a part of this offenng circular. We Incorporate by reference the documents lIsted below and any future filings we will make wIth the SEC under Section 13(a), B(c), 14 or 15(d) of the Exchange Act prior to the completion or termmation of this exchange offer. . . Annual Report on Form lO-K for the year ended December 3], 2003, filed with the SEC on March 12, 2004, . Quarterly Report on Form 10-Q for the quarter ended March 31, 2004, filed with the SEC on April 22, 2004, . Current Reports on Form 8-K filed with the SEC on Apnl 15, 2004 and April 22, 2004; and . The description of our common stock contained In our registration statement on Form 8-A, File No. 000-23981. filed with the SEC on April 2, 1998, under the Exchange Act, including any amendment or report filed for the purpose of updatmg such descriptIOn. You may reque~t a copy of these filIngs at no cost, by writIng or telephoning us at the following address: INVESTOR RELATIONS WASTE CONNECTIONS, INC 35 IRON POINT CIRCLE, SUITE 200 FOLSOM, CA 95630 (916) 608-8200 If for any reason we are not reqUIred to comply with the reporting requirements of the Exchange Act, we are still required under the Indenture governing the New Notes to furnish the holders of the New Notes with the InformatIOn, documents and other reports specified in SectIOns 13 and 15 (d) of the Exchange Act . 52 . WASTE CONNECTIONS, INC. OFFER TO EXCHANGE FLOATING RATE CONVERTIBLE SUBORDINATED NOTES DUE 2022 FOR ANY AND ALL OUTSTANDING FLOATING RATE CONVERTIBLE SUBORDINATED NOTES DUE 2022 U.S. Bank National AssociatiOn (successor to State Street Bank and Trust Company of California, N.A.) has been appointed to act as the exchange agent for the exchange offer. All executed letters of transmittal should be directed to the exchange agent at the address set forth below QuestiOns and requests for assIstance, requests for addltlOna] copies of this offering circular or of the letter of transmittal and requests for notIces of guaranteed delivery should be dIrected to the exchange agent, addressed as follows. To' U.S. Bank Nationa] AssocIation . By Mail, Overnight Mail. Couner or Hand' U S. Bank N ationa] A~sociahon West Side Flats Operations Center 60 LlVlngston Avenue S1. Paul. MN 55107 Attn' Specialized Finance For InformatiOn: (213) 615-6043 By Facsllllile (651) 495-8]58 Attention: Specialized Fmance Confirm by Receipt of Facsimile Only: (651) 495-3511 DELIVERY OF A LETTER OF TRANSMITTAL OR AGENTS MESSAGE TO AN ADDRESS OTHER THAN THE ADDRESS LISTED ABOVE OR TRANSMISSION OF INSTRUCTIONS BY FACSIMILE OTHER THAN AS SET FORTH ABOVE IS NOT VALID DELIVERY OF THE LETTER OF TRANSMITTAL OR AGENTS MESSAGE. All inquiries relating to this offering circular and the transactions contemplated hereby should be directed to the company at the telephone number and address set forth below: Worthing Jackman Waste Connections, Inc. 35 Iron Point Circle, Suite 200 Folsom, CA 95630 Please call (916) 608-8266 Offenng circular June 16, 2004 . . LETTER OF TRANSMITTAL To Offer for Exchange Floating Rate Convertible Subordinated Notes Due 2022 for Any and All Outstanding Floating Rate Convertible Subordinated Notes Due 2022 of Waste Connections, Inc. Pursuant to the Offering Circular Dated June 16, 2004 THE EXCHANGE OFFER WILL EXPIRE AT 5:00 P.M., NEW YORK CITY TIME, ON JULY 15, 2004, UNLESS EXTENDED BY US (THE "EXPIRATION DATE"). TENDERS MAY BE WITHDRAWN AT ANY TIME PRIOR TO THE EXPIRATION DATE. Delivery to U.S. Bank National Association, The Exchange Agent By Mail, Overflight Mail, Courier or Hand U.S. Bank National Association West Side Flats Operations Center 60 Livmgston Avenue St. Paul, MN 55107 Attn. Specialized Finance For Information' (213) 615-6043 . By Facsirmle (651) 495-8158 AttentIOn' Speclalized Fmance Confirm by Receipt of Facsimile Only' (651) 495-3511 DELIVERY OF THIS INSTRUMENT TO AN ADDRESS OTHER THAN AS SET FORTH ABOVE, OR TRANSMISSION OF INSTRUCTIONS VIA FACSIMILE OTHER THAN AS SET FORTH ABOVE, WILL NOT CONSTITUTE A VALID DELIVERY. IF A DELIVERY IS MADE TO WASTE CONNECTIONS, INC. IT WILL NOT BE FORWARDED TO THE EXCHANGE AGENT AND THEREFORE SUCH DELIVERY WILL NOT CONSTITUTE A VALID DELIVERY. BEFORE COMPLETING THIS LETTER OF TRANSMITTAL, YOU SHOULD READ THE LETTER OF TRANSMITTAL AND THE ACCOMPANYING INSTRlJCTIONS CAREFULLY. The undersigned acknowledges that he or she has receIVed and reviewed the offering CIrcular, dated June 16, 2004 (a~ amended or supplemented from time to time, the "Offering Circular"), of Waste Connections, Inc., a Delaware corporatIOn (the "Company"), and this Letter of TransmIttal, which together constitute the Company's offer (the "Exchange Offer") to exchange $1,000 m pnnclpal amount of Floating Rate ConvertIble Subordinated Notes due 2022 (the "New Notes") for each $1,000 in principal amount of Floatmg Rate Convertible Subordmated Notes due 2022 (the "Old Notes") of the Company held by the registered holders thereof (the "Holders"). The undersigned hereby tenders the Old Notes descnbed m the box entitled "Description of Old Notes" below pursuant to the terms and conditIOns descnbed III the Offering CIrcular and thIS Letter of Transmittal. The undersigned is the registered holder of all the Old Notes (the "Holder") and the underSIgned represents that it has received from each . ( , . beneficial owner of Old Notes (the "BeneficIal Owners") a duly completed and executed form of "Instructions to Registered Holder from Beneficial Owner" accompanying this Letter of Trammittal, InstructIng the undersigned to take the action descrIbed In this Letter of TransmIttal. . In order to tender Old Notes In the Exchange Offer, you must BOTH- l. (A) tender your Old Notes by book-entry transfer to the account maintamed by the Exchange Agent at The Depository Trust Company ("DTC") such that the Old Notes are received by the Exchange Agent prior to 5.00 pm., New York CIty Time, on the ExpIration Date according to the procedures set forth in the sectIon tItled "The Exchange Offer - Procedures for Tendering," m the Offering Circular and the InstmctIOns in this Letter of Transmittal, or (B) tender your Old Notes according to the guaranteed delivery procedures set forth in the section titled "The Exchange Offer - Guaranteed Delivery Procedures," in the OfferIng Circular and the instructions in this Letter of TransmIttal, If you are unable to deliver confirmatIOn of the book-entry tender of your Old Notes Into the Exchange Agent's account at DTC (a "Book-Entry Confirmation") and all other documents reqUlred by this Letter of TransmIttal to the Exchange Agent prior to 5'00 pm., New York CIty Time, on the Expiration Date, AND 2. submIt a properly completed Letter of Transmittal to the Exchange Agent by mail or facsimIle so that it is received by the Exchange Agent at the address set forth on the cover of thIs Letter of TransmIttal prior to 5:00 p.m., New York CIty TIme, on the ExpIratIOn Date You need not submit this Letter of Transmittal If, In accordance WIth DTC~ Automatic Tender Offer Program ("ATOP"), DTC will send an agent's message ("Agent's Message") stating that DTC has receIVed an express acknowledgment from you that you will be bound by the terms and condItions hereof as if you had completed, executed and delivered this Letter of Transmittal. DelIvery of documents to DTC docs not constitute delivery to the Exchange Agent. The undersigned has completed the appropriate boxes below and sIgned thIS Letter of TransmIttal to indicate the action the underSIgned deSlTes to take with respect to the Exchange Offer. List below the Old Notes to which this Letter of Transmittal relates. If the space provided below IS inadequate, the information reqUired below should be listed and attached on a separate signed schedule. Tenders of Old Notes will be accepted only in denominations of $1,000 and multiples thereof. DESCRIPTION OF OLD NOTES Name(s) and Address(es) of Registered lIolder(s) or Name of DTC Participant and Participant's DTC Account Number m Which Old Notes are Held Aggregate Principal Amount (Please fill in, if blank) of Old Notes Presently Held Tendered* Total * Unless otherWIse specIfied above, all Old Notes held for the account of the undersigned WIll be tendered. o CHECK HERE IF TENDERED OLD NOTES ARE BEING DELIVERED BY BOOK-ENTRY TRANSFER TO THE ACCOUNT MAINTAINED BY THE EXCHANGE AGENT WITH DTC AND COMPLETE THE FOLLOWING Name of TenderIng InstItutIOn. . DTC Account Number: 2 . Transaction Code Number: o CHECK HERE AND ENCLOSE A PHOTOCOPY OF THE NOTICE OF GUARANTEED DELIVERY IF TENDERED OLD NOTES ARE BEING DELIVERED PURSUANT TO A NOTICE OF GUARANTEED DELIVERY PREVIOUSLY SENT TO THE EXCHANGE AGENT AND COMPLETE THE FOLLOWING: Name(s) of Registered Holder(s). Window Ticket Number (if any): Date of Execution of Notice Guaranteed Delivery: Name of lnstitutIon which Guaranteed Dehvery: If Guaranteed Delivery is to be made by Book-Entry Transfer, complete the following: Name of Tendering InstitutIOn: DTC Account Number: Transaction Code Number: Please read the section titled "The Exchange Offer - Conditions to the Exchange Offer," in the Offering Circular. o CHECK HERE IF YOU ARE A BROKER-DEALER AND WISH TO RECEIVE TEN (10) ADDITIONAL . COPIES OF THE OFFERING CIRCULAR. Name Address. If the undersigned is not a broker-dealer, the undersigned represents that it IS not engaged In, and does not intend to engage In, a distribution of New Notes. If the undersigned is a broker-dealer that Will receive New Notes for its own account in exchange for Old Notes that were acqUIred as a result of market-making activitIes or other trading activities, It acknowledges that it will dehver a prospectus meeting the requirements of Section 10 of the Securities Act of 1933 (the "SecuritlCs Act") in connection WIth any resale of such New Notes, however, by so acknowledging and by delivering such a prospectus the underSIgned will not be deemed to admit that It IS an "underwnter" WIthIn the meaning of the SecuritIes Act. If the undersigned is a broker-dealer that will receIve New Notes, it represents that the Old Notes to be exchanged for the New Notes were acquired as a result of market-makmg actIvitIes or other trading actlVltIes. SIGNATURES MUST BE PROVIDED BELOW. PLEASE READ THE ACCOMPANYING INSTRUCTIONS CAREFULLY. . 3 . . . Ladies and Gentlemen: Upon the terms and subject to the conditions of the Exchange Offer set forth In the OITering Circular, receipt of winch is hereby acknowledged, and this Letter of Transmittal, the undersigned hereby tenders to the Company the aggregate amount of Old Notes Indicated In this Letter of Transmittal. Subject to, and effective upon, the acceptance for exchange of the Old Notes tendered hereby in accordance with the terms and conditions of the Exchange Offer (including, If the Exchange OITer is extended or amended, the terms and conditions of such extension or amendment), the undersigned hereby sells, assigns and transfers to, or upon the order of, the Company all nght, title and interest In and to such Old Notes as are being tendered hereby. The undersigned hereby irrevocably constitutes and appoints the Exchange Agent as the undersigned's true and lawful agent and attorney-in-fact with respect to such tendered Old Notes with full knowledge that the Exchange Agent also acts as an agent for the Company, with full power of substitution (such power of attorney being deemed to be an irrevocable power coupled with an interest), subject only to the right of withdrawal descnbed in the Offering Circular, to deliver Old Notes to the Company together with all accompanying evidences of transfer and authenticity to, or upon the order of the Company, upon receipt by the Exchangc Agent, as the undersigned's agent, of the New Notes to be issued in exchange for such Old Notes, present such Old Notes for transfer, and transfer the Old Notes on the books of the Company and receive for the account of the Company all benefits and otherwise exercise all rights of benefiCial ownership of such Old Notes, all in accordance with the terms and conditlOns of the Exchange OITer The undersigned hereby covenants, represents and warrants that. 1 the undersigned is the holder of the Old Notes tendered for exchange hereby; 2 the undersigned has full power and authority to tender, exchange, sell, assign and transfer the Old Notes tendered hereby, and to acquire New Notes issuable upon the exchange of such tendered Old Notes, 3 when the Old Notes are accepted for exchange, the Company will acquire good, marketable and unencumbered title thereto, free and clear of all security interests, liens, restnctions, charges. encumbrances, conditional sales agreements or other obligations relatmg to the sale or transfer of the Old Notes, and not subject to any adverse claim or right when the same are accepted by the Company; 4. any New Notes acquired in exchange for Old Notes tendered hereby will have been acqUired In the ordmary course of business of the person receiving such New Notes, whether or not such person IS the undersigned, 5 neither the Holder of such Old Notes nor any such other person IS an "affiliate" of the Company. as defined III Rule 405 under the Securities Act; 6 the underSigned has read all of the terms and conditions of the Exchange Offer and agrees that tenders of Old Notes pursuant to any of the procedures described in the accompanying instructions will constitute the underSigned's acceptance of the terms and conditions of the Exchange Offer; and 7 the undersigned has a "net long position." within the meamng of Rule 14e-4 promulgated under the Securities Exchange Act of 1934, in the Old Notes or equivalent secunties at least equal to the Old Notes being tendered, and the tender of the Old Notes complies with Rule 14e-4. The underSigned acknowledges that thiS Exchange Offer is beIng made In reliance on 1I1terpretations by the staff of the Secunties and Exchange Commission (the "SEC"). as set forth III no-actIOn letters issued to third parties, that the New Notes Issucd pursuant to the Exchange Offer 111 exchange for the Old Notes may bc offered for resale, resold and otherwise transferred by holders thereof (other than any such holder that IS an "afllhate" of the Company or any of the guarantor subSIdIaries of the Old Notes or the New Notes. within the meaning of Rule 405 under the Securities Act), without compliance with the registration and prospectus delivery provisions of the SeCUrities Act, proVided that such New Notes are acquired III the ordinary course of such holders' business, such holders are not holding any Old Notes that have the status of, or are reasonably likely to have the status of, an unsold allotment in the imtial oITering, and ~uch Holders have no arrangement with any person to participate in the distribution of such New Notes However, the SEC has not considered the Exchange Offer in the context of a no-action letter and there can be no assurance that the statr of the SEC would make a similar determination with respect to the Exchange Offer as in other circumstances 1f the underSigned is 4 not a broker-dealer, the undersigned represents that It is not engaged in. and does not Illtend to engage in, a distribution of New Notes and has no arrangement or understanding to participate in a distributIOn of New Notes. If any Holder IS an afIiliate of the Company, IS engaged in or intends to engage III or has any arrangement or understanding with respect to the distribution of the New Notes to be acquired pursuant to the Exchange Offer, such Holder (I) could not rely on the applIcable Illterpretations of the staff of the SEC and (Ii) must comply with the registration and prospectus delIvery requirements of the Securities Act in connection with any resale transaction. If the undersigned is a broker-dealer that will receive New Notes for its own account in exchange for Old Notes, it represents that the Old Notes to be exchanged for the New Notes were acquired by it as a result of market-making activities or other trading actlVlties and acknowledges that it will deliver a prospectus meeting the requirements of the SecuritIes Act in connection with any resale of such New Notes; however, by so acknowledging and by delIvenng a prospectus meeting the requirements of the Securities Act. the undersigned will not be deemed to admit that it is an "underwnter" withm the meanmg of the Secunties Act . The undersigned understands that acceptance of tendered Old Notes by the Company for exchange will constitute a binding agreement between the underSigned and the Company upon the terms and subject to the conditions of the Exchange Offer In all cases in which a participant elects to accept the Exchange Offer by transmitting an express acknowledgement in accordance with the ATOP procedures, such participant shall be bound by all of the terms and conditions of thiS Letter of TransmIttal. The undersigned recognizes that, under certain circumstances set forth in the Offenng Circular, the Company may not be reqUIred to accept for exchange any of the Old Notes tendered thereby. The underSIgned will, upon request, execute and deliver any additIOnal documents deemed by the Company or the Exchange Agent to be necessary or desirable to complete the exchange, assignment and transfer of the Old Notes tendered hercby. The undersigned agrees that it (and any beneficial owner(s) on whose behalf it IS acting) will not sell, pledge, hypothecate or otherwise encumber or transfer any Old Notes tendered thereby from the date of this Letter of Transmittal and agrees that any purported sale, pledge, hypothecation or other encumbrance or transfer WIll be void and of no effect For purposes of the Exchange Offer, the Company will be deemed to have accepted for exchange, and to have . exchanged. validly tendered Old Notes (or defectively tendered Old Notes whIch defect the Company has, or has caused to be, waived) If and when the Company gives oral or wntten notice thereof to the Exchange Agent. This tender may be withdrawn only in accordance with the procedures set forth in the section titled "The Exchange Offer - Withdrawal of Tenders." in the Offering Circular. All authority conferred or agreed to be conferred in this Letter of Transmittal and every oblIgation of the undersigned hereunder shall be bmding upon the successors, assigns, heirs, executors, adminIstrators, trustees in bankruptcy and legal representatIves of the undcrsigned and shall not be affected by, and shall survive. the death or incapaCIty of the undersigned. ' Unless otherwise indicated herem in the box entitled "SpeCIal Issuance InstructIOns" below, please credit the New Notes to the account indicated above maintained at DTC. Similarly, unless otherwise indIcated herein in the box entitled "Special Dehvery InstructIons" below, please dehver the New Notes to the account indIcated above mamtained at DTC. Any Old Notes not exchanged or not accepted for exchange Will be credited to the account mdlcated above maintamed at DTC promptly followmg the expIratIOn or termination of the Exchange Offer TIlE UNDERSIGNED, BY COMPLETING THE BOX ENTITLED "DESCRIPTION OF OLD NOTES" ABOVE AND SIGNING THIS LETTER OF TRANSMITTAL, WILL BE DEEMED TO HAVE TENDERED THE OLD NOTES AS SET FORTH IN SUCH BOX ABOVE. . 5 . . . SPECIAL ISSUANCE INSTRUCTIONS (See Instructions 2 and 3) To be completed ONLY if the New Notes are to be issued III the name of someone other than the registered holder of the Old Notes whose name(s) appear(s) above. Issue New Notes to Name. (Please Type or Print) (Plea~e 1 ype or Print) Address. (Include Zip Code) (Complete Substitute Form W-9) (Book-Entry Transfer Facility Account Number, if applicable) SPECIAL DELIVERY INSTRUCTIONS (See Instructions 2 and 3) To be completed ONLY if the New Notes are to be delivered to someone other than the registered holder of the Old Notes whose name(s) appear(s) above, or to such registered holder(s) at an address other than that shown above. Dehver New Notes to: Name(s)' (Please Type or Print) (Please Type or Print) Address (Include Zip Code) (Complete Substitute Form W-9) (Book-Entry Tran!>fer Facility Account Number, if applicable) 6 . PLEASE SIGN HERE TO TENDER YOUR OLD NOTES (To be completed by all Tendering Holders) (Complete accompanying substitute Form W-9 below) Signature(s) of Owner(s) Date Area Code and Telephone Number If a Holder is tendering any Old Notes, this Letter of Transmittal must be signed by the registered Holder(s) as the name(s) appear(s) on the certificatc(s) for the Old Notcs or by any pcrson(s) authorized to become registered Holder(s) by endorsements and documents transmitted herewith. If signature is by an attorney-in-fact, trustee, executor, administrator, guardian, officer or other person acting in a fiduciary or representative capacity, please set forth full title. SEE INSTRUCTION 2. Name(s): (Please Type or Print) Capacity or Title. Address: (Include Zip Code) . SIGNATURE GUARANTEE (IF REQUIRED BY INSTRUCTION 2) Signature(s) Guaranteed by an Eligible Institution: (Authorized Signature) (Title) (Name and Firm) Date Area Code and Telephone Number IMPORTANT: THIS LETTER OF TRANSMITTAL OR A FACSIMILE HEREOF, OR AN ELECTRONIC CONFIRMATION PURSUANT TO DTC'S ATOP SYSTEM (TOGETHER WITH A BOOK-ENTRY CONFIR- MATION AND ALL OTHER REQUIRED DOCUMENTS OR THE NOTICE OF GUARANTEED DELIVERY) MUST BE RECEIVED BY THE EXCHANGE AGENT PRIOR TO 5:00 P.M., NEW YORK CITY TIME, ON THE EXPIRATION DATE. PLEASE READ THIS ENTIRE LETTER OF TRANSMITTAL CAREFULLY BEFORE COMPLETING ANY BOX ABOVE. . 7 . . . INSTRUCTIONS Forming Part of the Terms and Conditions of the Exchange Offer I. Delivery of thIs Letter of Transmittal, Guaranteed Delivery Procedures. This Letter of Transmittal. or an electronic confirmatIOn pursuant to DTC's ATOP system, is to be completed by Holders of Old Notes for tenders that are made pursuant to the procedures for delivery by book-entry transfer set forth in the section tItled "The Exchange Offer - Procedures for Tendering" in the Offering Circular Book-Entry Confirmation as well as a properly completed and duly executed Letter of TransmIttal (or manually signed facsimile hereof), or an electromc confirmation pursuant to The Depository Trust Company's ATOP system, and any other required documents, including any required signature guarantees, must be received by the Exchange Agent at the address set forth herein on or prior to the Expiration Date, or the tcnderIng Holder must comply with the guaranteed delivery procedures set forth below. The book-entry transfer of Old Notes must be accompanied by an agent's message (an "Agent's Message") confirming that DTC has received express acknowledgment from the Holder that such Holder agrees to be bound by the Letter of Transmittal and that the Letter of Transmittal may be enforced against such Holder. Electronic confirmation pursuant to DTC's ATOP system must also Include an express acknowledgment (an "Express Acknowledgment") by the Holder that such Holder has received and agreed to be bound by the Letter of TransmIttal and that the Letter of Transmittal may be enforced against such Holder. Old Notes tendered hereby must be in denommations of amount of $1,000 and any integral multIple thereof Holders who wish to tender their Old Notes and who cannot complete the procedure for book-entry transfer on a timely basIs or who cannot dehver all other required documcnts to the Exchange Agent on or prior to the ExpiratIOn Date may tender theIr Old Notes pursuant to the guaranteed delIvery procedures set forth in the section titled "The Exchange Offer - Guaranteed Delivery Procedures," in the Offenng Circular Pursuant to such procedures, (i) such tender must be made through an Ehgible Institution (as defined below), (ii) prior to 5'00 p.m, New York City Time, on the ExpiratIOn Date, the Exchange Agent must receive from such Eligible Institution a properly completed and duly executed Letter of TransmIttal (or manually signed facsimile hereof), or an electronic confirmation pursuant to DTC's ATOP system, and Notice of Guaranteed Delivery, substantially in the form provided by the Company (by facsimile transmiSSIOn, mail or hand delivery), settmg forth the name and address of the Holder of Old Notes and the amount of Old Notes tcndcred, stating that the tendcr is being made thereby and guaranteeing that within thrce (3) New York Stock Exchange, Inc ("NYSE") trading days after the ExpIration Date. a Book-Entry Confirmation and any other documents requested by this Letter of Transmittal, including any signature guarantees, an Agent's Message 111 the case of a book-entry transfer or an Expres~ Acknowledgment in the case of a tran~fer through the ATOP system, wIll be deposited by the Eligible Institution with the Exchange Agent, and (iii) a Book-Entry Confirmation and all other documents required by thiS Letter of TransmIttal, must be received by the Exchange Agent within three (3) NYSE trading days after the Expiration Date. The delivery of the Old Notes and all other required documents will be deemed made only when confirmed by the Exchangc Agent The method of delIvery of this Letter of Transmittal and all other required documents is at the election and rIsk of the tendenng Holder. If such delivery is by maIl, it is recommended that registered mail WIth return receipt requested, properly insured, be used. In all cases, sufficient time should be allowed to assure timely delivery. No Letters of Transmittal or other documents should be sent to the Company. See thc section titled "The Exchange Offer," in the Offering Circular. 2. Signatures on this Letter of Transnllttal, Bond Powers and Endorsements, Guarantee of SIgnatures If this Letter of Transmittal is signed by the regIstered Holder of the Old Notes tendered hereby, the signature must correspond exactly with the name as it appears on a security pOSitIOn listmg as the Holder of such Old Notes in the DTC system WIthout any change whatsoever. If any tendered Old Notes are owned of record by two or more joint owners, all of such owners must sign this Letter of Transmittal. If any tcndered Old Notes are regl~tered in different names, it will be necessary to complete, sign and submit as many separate copies of this Letter of Transmittal as there are different registrations. When this Letter of Transmittal IS signed by the registered Holder or Holders of the Old Notes speCIfied herein and tendered hereby, no separate bond powers are reqUIred. If, however, the New Notes are to be Issued to a person other than the registered Holder, then separate bond powers arc reqUIred. 8 If this Letter of Transmittal or any bond powers are signed by trustees, executors, admimstrators, guardians, attorneys-in-fact, officers of corporations or others acting m a fiduciary or representative capacity, such persons should so indicate when sIgmng, and, unless waived by the Company, proper eVidence satisfactory to the Company of their authOlity to so act must be submitted. Signatures on bond powers required by this Instruction 2 must be guaranteed by a firm which is a financial institution (including most banks, savings and loan associalions and brokerage houses) that is a parlicIpant in the Securities Transfer Agents Medallion Program, the New York Stock Exchange MedallIon Signature Program or the Stock Exchanges Medallion Program (each an "Eligible Institution"). Signatures on this Letter of Transmittal need not be guaranteed by an Eligible InstitutlOn, provided the Old Notes are tendered: . (i) by a registered Holder of Old Notes (including any p31ticipant in the DTC system whose name appears on a security position listing as the Holder of such Old Notes) who has not completed the box entitled "SpeCIal Issuance Instructions" or the box entitled "Special Delivery Instructions" on this Letter of Transmittal, or (ii) for the account of an Eligible InstitutlOn. 3 Speczal Issuance and Dehvery instructIOns If New Notes are to be issued m the name of a person other than the signer of this Letter of Transmittal, or if New Notes are to be sent to someone other than the signer of this Letter of Transmittal or to an address other than that shown above, the appropnate boxes on thiS Letter of Transmittal should be completed. Old Notes not exchanged will be returned by crediting the account maintained at DTC specified herem. See Instruction 9. In the case of issuance in a different name, separate bond powers With a guaranteed signature is required and the employer identIficatIOn or SOCIal security number of the person named must also be indicated. 4 important Tax informatIOn Under current federal income tax law, a Holder whose tendered Old Notes are accepted for exchange may be subject to backup withholding unless the Holder provides the Exchange Agent, with either . (i) such Holder's correct taxpayer identificatIOn number ("TIN") on Substitute Form W-9 attached hereto, certifying that the TIN provided on Substitute Form W-9 IS correct (or that such Holder IS awaiting a TIN) and that (A) the Holder has not been notified by the Internal Revenue Service that he or she is subject to backup withholdmg as a result of a failure to report all interest or dividends or (B) the Internal Revenue Service has nolified the Holder that he or she is no longer subject to backup withholdmg; or (ii) an adequate basis for exemption from backup withholding If such Holder is an individual, the TIN is such Holder's SOCial security number. If the Exchange Agent is not provided with the correct taxpayer identificatIOn number, the Holder may be subject to certain penalties Imposed by the Internal Revenue Service. Certam Holders (mcluding, among others, all corporatIOns and certam foreign mdlVlduals) are not subject to these backup Withholding and reportmg requirements. Exempt Holders should indicate their exempt status on Substitute Form W-9 A foreign individual may qualIfy as an exempt recipIent by submitting to the Exchange Agent a properly completed Internal Revenue Service Form W-8 (which the Exchange Agent will proVide upon request) Signed under penalty of perjury, attesting to the Holder's exempt status. See the enclosed Guidelines for Certification of Taxpayer Identification Number on Substitute Form W-9 (the "GUidelines") for additIOnal instructions. If backup withholding applies, the Company is required to withhold a portion of certain payments made to the Holder or other payee. Backup withholding is not an additional federal income tax. Rather, the federal income tax liability of persons subject to backup withholding will be reduced by the amount of tax Withheld. If "'Ithholding results m an overpayment of taxes, a refund may be obtained from the Internal Revenue Service. NOTE' FAILURE TO COMPLETE AND RETURN THE SUBSTITUTE FORM W-9 MAY RESULT IN BACKUP WITHHOLDING OF A PORTION OF ANY PAYMENTS MADE TO YOU PURSUANT TO THE EXCHANGE OFFER. PLEASE REVIEW THE ENCLOSED GUIDELINES FOR CERTIFICATION OF TAX- PAYER IDENTIFICATION NUMBER ON SUBSTITUTE FORM W-9 FOR ADDITIONAL DETAILS. 5. Transfer Taxes The Company will pay all transfer taxes, if any, applicable to the transfer of Old Notes to it or its order pursuant to the Exchange Offer. If, however, New Notes are to be registered or issued in the name of, any person other than the registered Holder of the Old Notes tendered hereby, or if tendered Old Notes are registered in the name of . 9 . . . any person other than the person sigmng thIs Letter of TransmIttal, or if a transfer tax is imposed for any reason other than the transfer of Old Notes to the Company or it~ order pur~uant to the Exchange Offer, the amount of any such transfer taxes (whether Imposed on the registered Holder or any other persons) will be payable by the tendenng Holder If satisfactory evidence of payment of such taxes or exemption therefrom is not submitted herewith, no New Notes will be is~ued until such evidence IS received by the Exchange Agent. 6. Waiver of Conditions The Company leserve~ the absolute right to waive or amend, in its discretion, in whole or m part, at any time pnor to 5 00 p.m., New York City Time, on the ExpIration Date, satIsfaction of any or all condItions enumerated m the Offermg CIrcular, which may result in an extensIOn of the period of time for which the Exchange Offer is kept open. 7. No Conditional Tenders No alternative, conditIOnal, irregular or contmgent tenders wIll be accepted. All tendermg Holders of Old Notes, by executIOn of thIS Letter of Transmittal (or an Agent's Message in lieu thereof), shall waive any nght to receive notice of the acceptance of theIr Old Notes for exchange. The Company will determine, in its sole discretion, all questions as to the form, validity, eligibility (including time of receIpt) and acceptance for exchange of any tender of Old Notes, which determination shall be final and bmding The Company reserves the absolute right to reject any and all tenders of any particular Old Notes not properly tendered or to not accept any partIcular Old Notes which acceptance might, in the judgment of the Company or its counsel, be unlawful The Company also reserves the absolute fight, m ItS sole dIscretion, to waive any defects or irregularities or conditions of the Exchange Offer as to any particular Old Notes elthcr before or after the Expiration Date (mcludmg thc nght to waIve the inelig]bihty of any Holder who seeks to tender Old Notes in the Exchange Offer). The interpretation of the terms and condItions of the Exchange Offer as to any particular Old Notes either before or after the Expiration Date (including the Letter of Transmittal and the instructions thereto) by the Company shall be tinal and bmdmg on all partIes. Unless waived, any defects or Iffegulantie<; m connectIOn with the tender of Old Notes for exchange must be cured within such reasonable period of tIme as the Company shall determme NeIther the Company, the Exchange Agent nor any other person shall be under any duty to give notification of any defect or irregularity with respect to any tender of Old Notes for exchange, nor shall any of them mcur any liability for faIlure to give such notification. 8. Partial Tenders Tenders of Old Notes will be accepted only in mtegral multiples of $1,000 princ]pal amount. If a tender for exchange IS to be made with respect to less than the entire pnncipal amount of any Old Notes, fill in the principal amount of Old Notes which are tende]ed for exchange on the form entltlcd "DescnptlOn of Old Notes," as more fully described in the footnotes thereto In the case of a parllal tender for exchange, a new certificate for the remainder of the principal amount of the Old Notcs, WIll bc scnt to the Holders unless otherwise indIcated in the appropriate box on this Letter of Transmittal as promptly as practicable after the expiratIOn or termination of the Exchange Offer. 9 Withdrawal of Tenders. Tenders of Old Notes may be withdrawn at any tllne prior to 5:00 p.m , New York CIty Time, on the ExpIratIOn Date. A valid withdrawal of tendered Old Notes on or prior to the Expiration Date shall be decmed a vahd revocatIOn of the tender of the Old Notes Tenders of any Old Notes W]lI automatically be wIthdrawn If the Exchange Offer IS termmated without any such Old Notes bemg exchanged as provided in the Offering CIrcular. fn the event of termmation of the Exchange Offer, the Old Notes tendered pursuant to such exchange offer wlll be returned to the tendering Holder promptly. For a withdrawal of a tender of Old Notes to be effectIve, a wntten notIce of withdrawal must be received by the Exchange Agent at the address set forth above or, in the case of EligIble Institutions, at the facsimIle number above, prior to 5:00 p.m , New York CIty Time, on the Expiration Date. Any such notice of Withdrawal must (I) specify the name of the person having tendered the Old Notes to be WIthdrawn (the "Depositor"), (ii) in the case of a tender by book-entry transfer, speCify the name and number of the account at DTC to be credited with thc WIthdrawn Old Notcs and othcrwise comply WIth the procedures of such fadhty, (Hi) contain a statement that such Holder is wlthdrawmg hIS election to have such Old Notes exchanged, (IV) be Signed by the Holder m the same manner as the origmal sIgnature on the Letter of Transmittal by which such Old Notes were tendered (mcludmg any required signature guarantees) or be accompamed by documents of transfer to have the Trustee with respect to the Old Notes register the transfer of such Old Notes m the name of the person Withdrawing the tender, and (v) specify the prinCIpal amount of Old Notes to be withdrawn, If not all of the Old Notes tendered by the Holder All questions as to the validity, form and eligibility (including time of receipt) of such notIces will be determmed by the Company, whose determmation shall be fmal and bmding on all parties. Any Old Notcs so withdrawn WII! be deem cd not to havc been validly tcndcrcd for exchange for purposes of the Exchange Offer 10 and no New Notes will be Issued with respect thereto unless the Old Notes so withdrawn are validly retendered. Any Old Notes that have been tendered for exchange but which are not exchanged for any reason will be credited into the Exchange Agent's account at DTC pursuant to the book-entry transfer procedures set forth m the section titled "The Exchange Offer - Procedures for Tendenng," in the Offenng Circular, and such Old Notes will be credited to the account specified herein maintained with DTC for the Old Notes as soon as practicable after withdrawal, rejection of tender or termination of the Exchange Offer. Properly withdrawn Old Notes may be retendered by following the procedures descnbed above at any time pnor to 5.00 p.m., New York CIty Time, on the Expiration Date Any attempted withdrawal of previously tendered Old Notes other than in accordance with the provisions described above and in the Offenng Circular will not constitute a valid withdrawal of such tender All questions as to form and validity (includmg time of receIpt) of any delivery or revocation of a tender will be determmed by the Company, in its sole discretion. which determination will be final and binding. None of the Company, the Exchange Agent, the Trustee or any other person will be under any duty to give notificatIOn of any defect or Irregularity m any delivery or revocation of a tender or incur any liability for failure to give any such notification. 10. Mutilated, Lost, Stolen or Destroyed Private Notes Any tendenng Holder whose Old Notes have been mutilated, lost. stolen or destroyed, should contact the Exchange Agent at the address mdicated herein for further mstructions. . II. Requests for 4ss1stunce or AdditIOnal Copies Questions relating to the procedure for tendering Old Notes and requests for assistance may be directed to the Company at the address and telephone number set forth herem. Requests for additional copies of the Offering Circular and this Letter of Transmittal, and requests for Notices of Guaranteed Delivery and other related documents may be directed to the Company or from your broker, dealer, commercIal bank, trust company or other nommee . . 11 . . . TO BE COMPLETED BY ALL TENDERING SHAREHOLDERS (SEE INSTRUCTION 4) PAYER'S NAME: U.S. BANK NATIONAL ASSOCIATION SUBSTITUTE Part 1 - PLEASE PROVIDE YOUR TIN IN THE BOX AT RIGHT AND CERTIFY BY SIGNING AND DATING BELOW. SOCial Secunty Number OR Employer IdentIficatIOn Number FORM W -9 Department of the Treasury Internal Revenue SerVIce Payer's Request for Taxpayer IdentificationNumber (TIN) and Certification Part 2 - Certification Under Penalties of Perjury, I certIfy that: (l) The number shown on this form is my current taxpayer Identification number (or I am Waiting for a number to be issued to me) and (2) I am not subject to backup withholding eIther because I have not been notified by the Internal Revenue ServIce (the "IRS") that I am subject to backup withholding as a result of failure to report all mterest or dividends, or the IRS has notified me that I am no longer subject to backup withholdmg. (3) I am a US person (mc1uding U.S re~ident alien); and (4) Any other information provided on thIS form IS true and correct. Part 3 - AWaltmg TIN D Certification Instructions - You must cross out item (2) in Part 2 above if you have been notIfied by the IRS that you are subject to backup withholding because of underreporting interest or dividends on your tax return. However, if after being notlfied by the IRS that you are subject to backup withholding you receive another notIficatIOn from the IRS stating that you are no longer subject to backup withholding, do not cross out Item (2). Signature Date Name_________ Address City State ZIp Code YOU MUST COMPLETE THE FOLLOWING CERTIFICATE IF YOU CHECK THE BOX IN PART 3 OF SUBSTITUTE FORM W-9 CERTIFICATE OF AWAITING TAXPAYER IDENTIFICATION NUMBER I certify under penalties of perjury that a taxpayer identIficatIOn number has not been issued to me, and either (a) I have mailed or deltvered an application to receive a taxpayer Identification number to the appropriate Internal Revenue ServIce Center of Social Security AdminIstration Office or (b) I intend to mail or deliver an applicatIOn m the near future I understand that If I do not provIde a taxpayer identificatIOn number by the time of the exchange, a portion of all reportable payments made to me thereafter will be withheld untIl I provide a number. SIgnature Date 12 . GUIDELINES FOR CERTIFICATION OF TAXPAYER IDENTIFICATION NUMBER ON SUBSTITUTE FORM W-9 GUIDELINES FOR DETERMINING THE PROPER IDENTIFICATION NUMBER TO GIVE THE PAYER - Social Secunty Numbers have nine digits separated by two hyphens: i.e., 000-00-0000. Employer Identifica- tion Numbers have nIne digits separated by only one hyphen: i.e., 00-0000000. The table below will help determme the number to give the payer. For this type of account: Give the SOCIAL SECURITY number of- I An mdlvldual's account 2 Two or more mdlvldual> (Joml account) 3 Husb<md and wIfe (jomt account) 4 CustodIan account of <I mmor (UnIform GIft 10 Mmors Act) Adult and mmor (JOInt account) 6 Account ill the name of guardian or comllllttee for a desIgnated w,ud mmor, or mcompetent person 7 a The usual revocable s<lvmgs trust account (grantor IS also trustee) b So-called trust account that IS not ,1 legal or valid trust under ,tatc law The mdlvldual The actual owner of the account or, If combmed funds, the first IIldivldual on the account ( I) The actual owner of the account or, If Jomt funds, the first mdlvldual on the account (I) The mmor(2) The adult or, If the mmor IS the only contnbutor, the mmor(l) The ward. nunol. or II1competent person (3) The grantor-trustee (I) The actual owner(l) For this type of account: Give the EMPLOYER IDENTIFICATION nnlllber of- 8 Sole propnetorslllp account 9 A valid trust, estate or pensIOn tnlst to Corporate account II. ReligIOUS, chantable, or educational organlLatlOn account 12 Partner,hlp account held m the name of the bu,mess 13 ASSOCIation, club. or other tax- exempt organIzatIOn 14 A broker or regIstered nommee 15 Account wIth the Department of Agnculture m the name of a public entIty (such as a state or local government, school dlstnct. or pnson) that receIves agncultural program payment' The owner(4) The legal entlty(5) The corporation The orgamzatIon The pat tnershlP The organIzatIOn The broker or nomInee The public entIty . (I) List fil,t and CIrcle the name of the person whose number you furnIsh If only one per,on on a Jomt account has a SOCIal secunty number, that person's numbcr must be furmshed (2) Circle the mmor's name and furnish the mmol's SOCIal secunt} number (3) CIrcle the ward'" mmor', or mcompetent per'on's name and furnl,h ,uch per,on', SOCIal secunty number (4) You must show your mdlVldual name, but you may also enter your busmess or "domg busmess as" name You m,lY use either your SOCIal secunty number or employer IdentificatIOn number (If you have one) (5) LIst first and CIrcle the name of the legal trust. estate, or pensIOn trust Do not furnIsh the tall.pd}er IdentificatIOn number of the personal representatIve or trustee unless the legal entIty Itself IS not deSignated In the account title :'\OTE: If no name 1> CIrcled when there IS more than one name, the number Will be conSidered to be that of the first name IIstcd . . GUIDELINES FOR CERTIFICATION OF TAXPAYER IDENTIFICATION NUMBER ON SUBSTITUTE FORM W-9 Page 2 . Obtaining a Number If you do not have a taxpayel IdentIficatIon numbcr or If you do not know your number, obtam Form SS-5. ApplIcatIOn for Social SecurIty Card, or Form SS-4, ApplIcatIon for Employer IdentificatIOn Number. at the local office of the SOCIal SecurIty Admmlstration or the Internal Revenue Service (the "IRS") and apply for a number SectIon reference~ m thcse gUidelines refer to sectIOns undel the Internal Revenue Code of 1986, as amcnded Payees specIfically exempted from backup wlthholdmg Include. . An orgamzatIOn exempt from tax under Section 501 (a), an mdlvldual retIrement account (IRA), or a custodIal ac- count under SectIOn 403(b) (7), if the account satIsfies the reqUIrements of SectIon 401 (f) (2) . The Umted States or a state thereof, the DistrIct of Colum- bia, a posseSSIOn of the United States, or a polItical subdiVI- sion or wholly-owned agency or instrumentalIty of anyone or more of the foregolllg. . An International organization or any agency or mstrumen- talIty thereof. . A foreIgn government or any polItIcal subdlvI;IOn. agency or mstrumentalIty thereof. Payees that may be excmpt from backup wlthholdmg include . A corporatIOn. . A financial institution . A dealer In SeCUrItIes or commodItIes reqUIred to leglster 1Il the United States, the DIstrIct of ColombIa, or a posses.,ion of the United States . . A real estate investment trust . A common trust fund operated by a bank under SectIOn 584(a) . An entIty regi~tered at all tIme; during the tax year under the Investment Company Act of 1940, as amended . A nuddleman known in the mvestment commulllty as a nommee or custodian . A futures commISSIOn merchant regIstered WIth the Com- modity Futures Tradmg Commls&ion. . A foreIgn central bank of Issue . A trust exempt from tax under SectIOn 664 or described m SectIOn 4947 Payments of dIVidends and patronage dlVldends not generally subject to backup wlthholdmg mclude the followmg . Payments to nonreSident aliens subject to withholding under SectIOn 1441 . Payments to partnershIps not engaged m a trade or busmess m the U S and whIch have at least one nonreSident alien partner . Payments of patronage diVIdends where the amount re- cClved IS not paId m moncy. . Payments made by certam foreIgn orgamzatIons . SectIOn 404(k) payments made by an ESOP Payments of mterest not generally subject to backup wlthhold- mg mclude the followmg . Payment; of mterest on oblIgatIons Issued by indlVlduals. Note You may be subJcct to backup wlthhohhng If tlus mteresl IS $600 or more and IS paid m the course of the payel's trade or busmess and you have not prOVided your correct taxpayer IdentIficatIOn number to the payer . Payments of tax-exempt interest (including exempt-Inter- est dividends under Section 852). . Payments deSCrIbed in SeCllon 6049(b) (5) to nonreSident aliens. . Payments on tax-free covenant bonds under Section 1451 . Payments made by certam foreIgn organizatIOns. . Mortgage or student loan mterest paid to you. Exempt payees described above should file Form W -9 to aVOid pOSSIble erroncous backup withholding. FILE THIS FORM WITH THE PAYER, FURNISH YOUR TAXPAYER IDENTIFICATION NUMBER, WRITE "EXEMPT" IN PART 2 OF THE FORM, SIGN AND DATE THE FORM AND RETURN IT TO THE PAYER Certam payments other than mterest, dIVIdends, and patronage dIVIdends, whIch are not subject to 1I1!ormation report1l1g are alw not subject to backup w1lhhold1l1g For detmls, see the regulatlOlls under SectIOns 6041,604IA, 6045. 6050A and 6050N Privacy Act Notice. - SectIOn 6109 rcqUlres most rccipicnts of dlVldend, mterest, or certam other income to give taxpayer IdentIficatIOn numbers to payers who must report the payments to the IRS The IRS use., the numbers for IdentIfication pur- po~es and to help verIfy the accuracy of tax returns The IRS may also proVide thiS mfonnatlOn to the Department of JustIcc for clVll and crimmal lItigatIOn and to CitIes, states and the DI&trIct of Columbia to carry out theIr tax laws The IRS may also dlsclo~e thIS lIlformatlOn to other countnes under a tax treaty, or to Federal and ;tate agencies to enforce Federal non tax cflmlllal laws and to combat terrorism. Payers must be given the numbers whether or not reCipients are reqUIred to file tax return; Payers must generally WIthhold a portIon of taxable Interest, diVIdend, and certam other payments to a payee who does not furmsh a taxpayer IdenllficatlOn number to a payer. Certam penaltIes may also apply. Penallles (1) Penalt} for Failure to Furnish Taxpayer Identification Number. - If you fall to furnish your correct taxpayer IdentIfi- catIon number to a payer, you are subject to a penalty of $50 for cach such faIlure unless your failure IS duc to reasonablc cause and not to WIllful neglect (2) Civil Penalty for False Information With Respect to \Vithholding. - If you make a false statement With no reasona- ble baSIS whIch results in no ImpoSItIOn of backup wlthholumg, you are subject to a penalty of $500 (3) Criminal Penalty for Falsifying Information. - WIllfully falslfymg certIfications or affirmatIons may subject you to cnml- n<ll penaltIes mcluding fines and/or Ilnpnsonment (4) Misuse of Taxpayer Identification Numbers. - If the re- quester discloses or uses taxpayer IdentificatIOn numbers m ViolatIOn of federal law, the requcster may be subject to CIV 11 and crimmal pendltles FOR ADDITIONAL INFORMATION CONTACT YOUR TAX CONSULTANT OR THE INTERNAL REVENUE SERVICE. The Exchange Agent jor the Exchange Offer IS U.S. Bank National Association By Mall, Overnight Mall, Courier or Hand' U.S. Bank National Association West Side Flats Operations Center 60 Livingston Avenue St. Paul, MN 55107 Attn: SpecialIzed FInance For Information. (213) 6] 5-6043 By FaCSImile- (651) 495-8l58 Attention: Specialized Finance Confirm by Receipt of Facsimile Only' (651) 495-3511 Any questions regardIng the Exchange Offer or requests for additIonal copies of the Offenng Circular or the Letter of Trammittal may be directed to the Company at the address and telephone number set forth below. WorthIng Jackman Waste Connections, Inc 35 Iron Point Circle, Suite 200 Folsom, CA 95630 Please call. (9l6) 608-8266 . . . . NOTICE OF GUARANTEED DELIVERY Waste Connections, Inc. For Tender of Floating Rate Convertible Subordinated Notes Due 2022 Pursuant to its Exchange Offer Described in the Offering Circular, Dated June 16, 2004 THE EXCHANGE OFFER WILL EXPIRE AT 5:00 P.M., NEW YORK CITY TIME, ON JULY 15, 2004, UNLESS EXTENDED BY THE COMPANY (THE "EXPIRATION DATE"). TENDERS MAY BE WITHDRAWN AT ANY TIME PRIOR TO THE EXPIRA- TION DATE. The Exchange Agent IS U.S. Bank National Association Bv Mall, OvernIght AIml, Couner or Hand U.S. Bank National Association West Side Flats OperatlOm, Center 60 LIvingston ^ venue St. Paul, MN 55107 Attn: SpecIalized Finance For InformatIOn (213) 615-6043 . By FacJlmrle (651) 495-8158 AttentIOn Specialized Finance Confirm by ReceIpt of Facsnmle Only' (651) 495-3511 DELIVERY OF THIS NOTICE OF GUARANTEED DELIVERY TO AN ADDRESS OTHER THAN AS SET FORTH ABOVE, OR TRANSMISSION TO A FACSIMILE NUMBER OTHER THAN AS SET FORTH ABOVE, WILL NOT CONSTITUTE A VALID DELIVERY. You mmt use thIS form to accept the Exchange Offer of Waste ConnectIOns, Inc (the "Company") made pursuant to the offenng circular, dated June 16, 2004 (the "Offering Circular"), If the procedure for book-entry transfer cannot be completed on a tnnely baSIS or tnne wIll not permIt all reqUIred documents to reach U S. Bank National Association, as exchange agent of the Exchange Offer (the "Exchange Agent") pnor to 5:00 pm, New York CIty time, on July 15, 2004. ThIS letter or such form may be delivered or transmItted by faCSImile transmIssIon, mail or hand delivery to the Exchange Agent as set forth below In additIOn, In order to utIlize the guaranteed delivery procedure to tender your Floating Rate ConvertIble Subordinated Notes due 2022 (the "Old Notes") pursuant to the Exchange Offcr, a Lcttcr of Transmittal (or manually SIgned faCSImIle thcreof) or an electronic confirmation pursuant to The DepOSitory Trmt Company's ;\ TOP system, wIth any reqUired sIgnature guarantees and any other reqUired documents (including an agent's message, or an expres, acknowledgment, confirming that you have receIved and agree to be bound by the Letter of Transmittal and that the Lcttcr of TransmIttal may be enforccd agamst you) must also be rcceIVed by thc Exchange Agent pnor to the ExpIratIon Date Caplt,\lIzed terms u,ed but not defined herein are defined In the Letter of TransmIttal TI-lIS NOTICE OF GUARANTEED DELIVERY IS NOT TO BE USED TO GUARA~TEE SIGNATURES. IF A SIGNATURE ON A LETTER UF TRANSMITTAL IS REQUIRED TO BE GUARANTEED BY AN "ELIGIBLE INSTITU- TION" UNDER THE INSTRUCTIONS THERETO, SUCH SIGNATURE GUARANTEE MUST APPEAR IN THE APPLICA- BLE SPACE PROVIDED 01'\ THE LETTER OF TRANSMITTAL. Ladies and Gentlemen: Upon the tcrms and conditions set forth m the Offcnng CIrcular and thc accompanymg Letter of Transmittal, the undersIgned hereby tenders to the Company the aggregate pnnclpal amount of Old Note, ,et forth below pursuant to the guaranteed delivery procedure descllbed In the sectIOn titled "The Exchange Offer - Guarantecd Delivery Procedures." In the Offenng Circular By so tendering, the undersigned does hereby make, at and as of the date hereof, the representations and warrantIes of a tendering Holder of Old Notes set forth In thc Lctter of TransmIttal . All authority herem conferred or agreed to be conferred by thIS Notice of Guaranteed Delivery shall survIve the death or incapaCIty of thc undelslgned and every oblIgatIOn of thc undcrslgned hereundel shall be bmdlng upon the heIrS, personal representatIves, executors, successors, a,sign" trustees m bankruptcy and other legal representatIVe~ of the undersIgned PLEASE SIGN AND COMPLETE CertiDeate Numbers of Old Notes (if Available) Principal Amount of Old Notes Tendered Signature(s) of Registered Holder(s) or Authorized Signatory Name(s): (Please Type or PrlOt) Title Address: Area Code and Telephone Number: ____ Date. If Old Notes will be tendered by book-entry transfer. check the trust company below: o The Depository Trust Company Depository Account Number: 2 . . . . . . This Notice of Guarantecd Delivcry must bc signed by the Holdcr(s) of Old Notes cxactly as its (thclr) name(s) appear(s) on a security positIon lIstmg as the owner of the Old Notes, or by person(s) authorized to become registered Holder(s) by endorsements and documents transmitted wIth this Notice of Guaranteed DelIvery If signature is by an attorney-in-fact, trustee, executor, admmistrator, guardian, officer or other person acting in a fidUCiary or representative capacity, such person must provide the following information: Name(s): Capacity: Address(es): Do not send Old Notes with this form. Old Notes should be sent to the K"change Agent together with a properly completed and duly executed Letter of Transmittal. 3 GUARANTEE (Not To Be Used For Signature Guarantee) The undersigned, a firm that is a participant III the SecurIties Transfer Agents Medallion Program, the New York Stock Exchange Medallion Signature Program or the Stock Exchanges Medallion Program, or an "eligible guarantor institution" (as such term is defined in Rule 17 Ad-IS under the SecurIties Exchange Act of 1934, as amended), hereby guarantees that, within three New York Stock Exchange trading days after the date of execution of this Notice of Guaranteed Delivery, a properly completed and duly executed Letter of Transmittal (or manually Signed facsimile thereof), the Old Notes, in proper form for transfer, or a book-entry confirmation of transfer of such Old Notes into the Exchange Agent's account at The Depository Trust Company, including the agent's message instead of a Letter of Transmittal, as the case may be, with any required signature guarantees and any other documents required by the Letter of Transmittal, will be deposited by the undersigned with the Exchange Agent. THE UNDERSIGNED ACKNOWLEDGES THAT IT MUST DELIVER THE LETTER OF TRANSMITTAL AND THE OLD NOTES TENDERED HEREBY, OR, IN THE CASE OF A BOOK-ENTRY TRANSFER, AN AGENT'S MESSAGE INSTEAD OF A LETTER OF TRANSMITTAL, TO THE EXCHANGE AGENT WITHIN THE TIME PERIOD SET FORTH ABOVE AND THAT FAILURE TO DO SO COULD RESULT IN FINANCIAL LOSS TO THE UNDERSIGNED. SIGN HERE Name of Firm: Authonzed Signature Name and Title (please type or print): Address: Area Code and Telephone Number Date: 4 . . . . . . Waste Connections, Inc. Invites Holders of Its Floating Rate Convertible Subordinated Notes Due 2022 (CUSIP Nos. 941053AC4 and 941053AD2) To Exchange Their Notes for Floating Rate Convertible Subordinated Notes Due 2022 (CUSIP NO. 941053AEO) THE EXCHANGE OFFER WILL EXPIRE AT 5:00 P.M., NEW YORK CITY TIME, ON JUL Y 15, 2004, UNLESS EXTENDED BY THE COMPANY (THE "EXPIRATION DATE"). TENDERS MAY BE WITHDRAWN AT ANY TIME PRIOR TO THE EXPIRA- TION DATE. To. Brokers, Dealers, Commercial Banks, Trust Companies and Other Nominees: Waste Connections. Inc. (the "Company") is offenng, upon and subject to the terms and conditIons set forth in the offering circular, dated June 16,2004 (as amended or supplemented from time to time, the "Offenng Circular"), and the enclosed Letter of Transmittal (the "Letter of Transmittal"), to exchange (the "Exchange Offer") $1,000 in pnncipal amount of Floating Rate Convertible Subordinated Notes due 2022 (the "New Notes") for each $1,000 in pnnclpal amount of Floating Rate Convertible Subordinated Notes due 2022 (the "Old Notes") of the Company held by the registered holders thereof (the "Holders"). The Exchange Offer is subject to important conditions as described in the Offenng Circular We are requesting that you contact your clients for whom you hold Old Notes regardIng the Exchange Offer. For your information and for forwarding to your clients for whom you hold Old Notes registered in your name or in the name of your nommee, or who hold Old Notes registered in their own names, we are enclOSIng the followmg documents: 1. The Offering Circular, dated June 16, 2004; 2 The Letter of Transmittal for your use and for the InfOrmatIOn of your clients; 3. A Notice of Guaranteed Delivery to be used to accept the Exchange Offer If time WIll not permIt all reqUIred documents to reach the Exchange Agent prior to the Expiration Date (as defined below) or if the procedure for book-entry transfer cannot be completed on a timely basIs, 4. A form of letter which may be sent to your chents for whose account you hold Old Notes registered m your name or the name of your nommee, WIth space provIded for obtaming such clients' instructions With regard to the Exchange Offer, 5. Guidelines for Certification of Taxpayer Identification Number on Substitute Form W-9, and 6 Return envelopes addressed to U S. Bank National ASSOCIatIOn, the Exchange Agent for the Exchange Offer, at, West Side Flats Operations Center, 60 Livingston Avenue, St. Paul, MN 55107, Attention. Specialized Finance. A substItute Form W-8 BEN. contaInlllg mformatlOn for Non-U.S. holders relatmg to Umted States federal lllcome tax withholdmg, shall be made available by the Company upon your request Your prompt action is requested. The Exchange Offer WIll expire at 5:00 pm, New York City tIme, on the ExpIration Date. Old Notes tendered pursuant to the Exchange Offer may be withdrawn at any time prior to the ExpIration Date. . To participate in the Exchange Offer, a duly executed and properly completed Letter of Transmittal (or manually signed facsimIle thereof), or an electronic confirmatIOn pursuant to the DeposItory Trust Company's A TOP system. with any reqUIred sIgnature guarantees and any other reqUIred documents, should be sent to the Exchange Agent, all In accordance with the instructions set forth in the Letter of Transmittal and the Offering Circular. If a Holder of Old Notes desires to tender, but the procedure for book-entry transfer cannot be completed on a timely basis, a tender may be effected by following the guaranteed delivery procedures described In the section titled "The Exchange Offer - Guaranteed Delivery Procedures," in the Offering CIrcular. The Company will, upon request, reImburse brokers, dealers, commercial banks and trust companies for reasonable and necessary costs and expenses incurred by them in forwarding the Offering CIrcular and the related documents to the bcncficlal owncrs of Old Notcs held by them as nominee or III a fiducIary capacity The Company will payor cause to be paid all stock transfer taxes applicable to the exchange of Old Notes pursuant to the Exchange Offer. except as set forth in Instruction 5 of the Letter of Transmittal. Any inquiries you may have with respect to the Exchange Offer, or requests for additional copies of the enclosed materiab, should be directed to the Company at the address and phone number set forth below: Worthing Jackman Waste ConnectIOns, Inc. 35 Iron Point Circle, Suite 200 Folsom, CA 95630 Please call (916) 608-8266 Very truly yours, Wa<;te ConnectIOns, Inc. . NOTHING HEREIN OR IN THE ENCLOSED DOCUMENTS SHALL CONSTITUTE YOU OR ANY PERSON AN AGENT OF THE COMPANY OR THE EXCHANGE AGENT, OR AUTHORIZE YOU OR ANY OTHER PERSON TO USE ANY DOCUMENT OR MAKE ANY STATEMENTS ON BEHALF OF EITHER OF THEM WITH RESPECT TO THE EXCHANGE OFFER, EXCEPT FOR STATEMENTS EXPRESSLY MADE IN THE OFFERING CIRCULAR OR THE LETTER OF TRANSMITTAL. . 2 . . . Waste Connections, Inc. Invites Holders of Its Floating Rate Convertible Subordinated Notes Due 2022 (CUSIP Nos. 941053AC4 and 941053AD2) To Exchange Their Notes for Floating Rate Convertible Subordinated Notes Due 2022 (CUSIP No. 941053AEO) THE EXCHANGE OFFER WILL EXPIRE AT 5:00 P.M., NEW YORK CITY TIME, ON JULY 15, 2004, UNLESS EXTENDED BY THE COMPANY (THE "EXPIRATION DATE"). TENDERS MAY BE WITHDRAWN AT ANY TIME PRIOR TO THE EXPIRA- TION DATE. June 16, 2004 To Our Clients. Enclosed for your consIderation are an offering circular, dated June 16, 2004 (a~ amended or supplemented from tllne to time, the "Offering Circular"), and the related Letter of Transmittal (the "Letter of Transmittal"), relating to the offer by Waste ConnectIOns, Inc. (the "Company") to exchange (the "Exchange Offer") $1,000 m prmClpal amount of Floating Rate Convertlble Subordinated Notes due 2022 (the "New Notes") for each $ 1.000 JIl pnnclpal amount of Floatmg Rate Convertible Subordinated Notes due 2022 (the "Old Notes") of the Company held by the registered holders thereof (the "Holders"). This material I, being forwarded to you as the beneficial owner of the Old Notes held by us for your account or benefit but not regIstered m your name. A tender of such Old Notes may only be made by us as the registered holder of record and pursuant to your mstructlons. Accordingly, we request instructions as to whether you wish us to tender on your behalf any or all of the Old Notes held by us for your account, pursuant to the terms and conditions set forth in the enclosed Offering Circular and Letter of Transmittal, which we urge you to read carefully. Your instructIOns should be forwarded to us as promptly as possible in order to permit us to tender the Old Notes on your behalf in accordance with the provisions of the Exchange Offer. Any Old Notes tendered pursuant to the Exchange Offer may be withdrawn at any tllne prior to the ExpiratIOn Date New Notes will not be issuable in exchange for Old Notes so withdrawn. Any permitted WIthdrawal of Old Notes may not be rescinded, and any Old Note, properly withdrawn will afterwards be deemed not valIdly tendered for purposes of the Exchange Offer Withdrawn Old Notes may, however, be re-tendered by again following one of the appropriate procedures described in the Offering Circular and in the Letter of Transmittal at any time before the Expiration Date. Your attentIOn IS directed to the following 1. The Exchange Offer is subject to certain conditions set forth in the section titled "The Exchange Offer- Conditions to the Exchange Offer," in the OfferIng Circular. 2 The Exchange Offer is for any and all of the outstandmg Old Notes. 3. If YOll desire to tender your Old Notes pursuant to the Exchange Offer, we must recelve your instructions in ample tIme to permit us to effect a tender of Old Notes pnor to the ExpiratIOn Date. 4. Any transfer taxes inCident to the transfer of Old Notes from the holder to the Company will be paid by the Company, except as otherwise provided in Instruction 5 of the Letter of Transmittal If you wish to have us tender any or all of your Old Notes held by us for your account or benefit pursuant to the Exchange Offer, please so instruct us by completing, exccutmg and returnmg to us the instruction form included with this letter. The accompanymg Letter of Transmittal IS furmshed to you for mformational purposes only and may not be used directly by you to tender Old Notes held by us and registered m our name for your account. Very truly yours,' 2 . . . .. . . .' . INSTRUCTIONS TO REGISTERED HOLDER FROM BENEFICIAL OWNER WITH RESPECT TO THE EXCHANGE OFFER The undersigned acknowledge(s) receipt of your letter and the enclosed material referred to therem relatmg to the Exchange Offer made by Waste Connections, Inc. (the "Company") wIth respect to the Old Notes of the Company. This will instruct you to tender with respect to the pnncipal amount of Old Notes indIcated below (or, If no number is Indicated below. all Old Notcs) held by you for the account of the undersigned, upon and subject to the terms and conditions set forth in the Oirering Circular and the related Letter of Transmittal. Floating Rate Convertible Subordinated Notes due 2022 $ (Aggregate Amount of Old Notes to be tendered)* D Please do not tender any Old Notes held by you for any account Dated: Signature (s) ** Print name(s) here**. Pnnt Address (es): Area Code and Telephone Number(s): Area Code and Facsimile Number(s)' Tax IdentificatIOn or Social Secunty Number(s): My Account Number(s) with you. N one of the Old Notes held by us for your account will be tendered unless we receive wntten mstructIons from you to do so. After receipt of ImtructlOns to tender, we will tender all of the Old Notes held by us for your account unless we receIve specIfic contrary instructions. * If no aggregate prmclpal amount of the Notes IS specIfied, the Holder wIll be deemed to have tendered hIS or her Notes with respect to the entIre aggregate prIncipal amount of Notes that such Holder holds. ** If Notes are beneficially owned by two or more Beneficial Owners, all such owners must sign. 3 ,,<> , -'-' , : 'Oe , " J) , , ., ., ." ,'; ,', ! \ '" " 1 " , ' , ; ~ 1 f .."" "l '", ~ '. . .:~" /.:."" ," ,~ ~ ; ~ )", ' r ~. "'~:;, '", , - , ...~ t ~ " -;, " .~~' '" ~ ..,~ "!\ ! ~ '. f f \ : '. , ~ ..., ~ , " ~ ~ , ,J "" j~ t , " "~ --: ,,.. ~-""-i '" <, ..., ., "~ -, t"J- ~ :. ; '1 " . , :; Q -'" ~. , \.,$ ~"\ l ~ ~ 't, i' ~ ", execution & ..,~ ~~- t .. "'~ '1: -r ~. :. 'I I _, " :;,: accountability ~ '::1 --", ',' -~ , ~ 1 ;~ ~ , , -"') f'" ~: :} , ? -..... ""1. J ("" ~'" < , \ " ",I " , '-'>, """ , 1 t"' ,", ') i ,-, :-,j :"\ , r ~ i -. -.., " ::,. ,.r; ,~' ,,\ ~ ~~ ", -,-~ .<:. ~. L. '" ~, '- ""'~ ,""") r"'_ '~, f" ., '00< ~~ '" /, WASTE CONNECTIONS, INC. 2003 ANNUAL REPORT , " '. 'i , " ~- ~ ....... .'*'" \, "\ ^.",. ..v, "'\ ..... ~!..., '" .....c , ' \ t "'\ "~-" . '"' ..~ " 'I " "'\ ~ '" "; ~, "fi ''', " '7 - )'j 1 1 ", ~ -, .., < -I , ~. t, 1 /''< ", .......~~ -, '" \. ---'~'" ~." "'+ ,~...~ t... } ... ,~~ . ~ -.<"'\ ~ .) ("'t '- '" . .......~ ~"'''''' ~ ~- \ , 'I;. '_, ':1 " " ~-, t J<~1 , I f { I " ' t"$ -', "". r- \ - 1 l. :, ; , " \j ~"""" '\ ", .._ \ v. i:" '.. ~'1; ~ ~_.~ if" ~ .I.... C~,< WESTERN REGION: PACIFIC NORTHWEST REGION. 24 COLLECTION OPERATIONS II TRANSFER STATIONS 3 LANDFILLS 10 RECYCLING OPERATIONS 26 COLLECTION OPERATIONS 4 TRANSFER STATIONS II LANDFILLS 8 RECYCLING OPERATIONS 3,600 employees -+ 165 locations I Cr-~cc:c- ~~:o -, ~I ~c I- I Ct ~~~ CENTRAL REGION: MAP LEGEND . COLLECTION . TRANSFER . DISPOSAL ... RECYCLING (.) REGIONAL OFFICE * CORPORATE HEADQUARTERS 32 COLLECTION OPERATIONS 9 TRANSFER STATIONS 13 LANDFILLS 8 RECYCLING OPERATIONS 21 COLLECTION OPERATIONS 9 TRANSFER STATIONS 9 LANDFILLS 4"""'-~ -l-f~ ' -"" ,~/ ~ 23 states ~ 4 regions ~ 1 team ;i \ YEAR ENDED DECEMBER 31 ($000,) 1999 2000 2001 2002 2003 Reven ues 184,225 304,355 377,533 498,661 563,509 Operating Income 31,596 75,874 93,445 130,131 144,954 Net cash from operations 21,973 53,776 87,198 131,488 157,215 Total assets 617,958 810,104 979,353 1,261,882 1,395,952 Long-term debt 275,145 334,194 416,171 578,481 601,891 Stockholders' equity 218,521 334,208 379,805 45 \,712 537,494 I 1 I 4 1 I 1 ( j .4 REVENUES EARNINGS STOCKHOLDERS' PER SHARE EQUITY 600,000 550,000 $225 550,000 500,000 $200 500,000 450,000 450,000 $175 400,000 400,000 $150 350,000 350,000 $125 300,000 300,000 ;;; ;;; 0 0 z $ 1 00 250,000 z 250,000 <( <( en en :J :J 0 200,000 0 200,000 :r: $ 75 :r: f- f- :: 150,000 'h 150,000 - $ 50 100,000 100,000 50,000 $ 25 50,000 0 $ 00 0 1999 2000 2001 2002 2003 1999 2000 2001 2002 2003 1999 2000 2001 lOOl l001 .1 4 '1 ~ I ( 1 1 I t ~ I ! <I , _j,.....r Letter to Shareholders Fiscal year 2003 was an important year for Waste Connections as the benefits of our differentiated strategy continued to shine through in a difficult economy. Since our founding in 1997, our strategy has remained the same-focus on expanding into secondary and suburban markets that have strong demographic growth trends and where competitive barriers to entry can be developed. Our growth strategy seeks to avoid highly competitive, large urban markets and targets markets where we can either provide solid waste collection services under franchises, exclusive contracts or similar arrangements, or markets where we can garner the #1 or #2 market position with significant vertical integration. Today, we are the #1 or #2 provider of solid waste services in most of our markets, and over 50% of our revenues are derived from market areas where we have franchise or exclusive rights to provide our servICes. The resilience of our strategy was tested in a difficult economic environment during 2003, and we are proud to report that it was successful on many fronts. Our financial margins continue to lead the industry and were relatively stable year over year while the margins of others in our sector declined significantly. We were able to maintain this relative stability despite completing numerous acquisitions in several attractive markets over the past two years. In general, these acquisitions had margins that are structurally lower than our corporate average. Our theme for last year's annual report was Stay the Course. The continuity and success of our strategy clearly suggest we not deviate from what differentiates us. We have many accomplishments to be proud of in 2003 and many opportunities ahead of us. We are committed to improving upon our industry-leading financial performance in 2004 and as such, have chosen a theme for this year of Execution & Accountability. 2003 Accomplishments Last year we asked our employees to focus on what we called the three I's-Integrity; Injury and Accident Prevention; and Internal Development. Let us update you on progress we made to these ongoing priorities. Integrity: Integrity is the cornerstone of a successful company. We continuously strive to maintain and improve our integrity not only in areas such as corporate governance and financial matters, but also in other areas such as compliance with laws governing our employees, the environment, anti- trust and competitive practices. Last year we expanded our internal controls group and published a comprehensive policies and procedures manual to help ensure compliance with corporate standards. In November, Institutional Shareholders Services evaluated our corporate governance, and we were pleased to receive from ISS a Corporate Governance Quotient (CGQ) ranking Waste Connections as outperforming 92.3% of companies in the S&P 600 Index. Injury and Accident Prevention: It is imperative that we provide our employees a safe work environment. In 2003, we continued to implement our employee health and safety training and vehicle maintenance programs designed to reduce the frequency of injuries and accidents. Our risk management procedures have successfully mitigated the rising costs for workers' compensation, auto and general liability claims. We are pleased to report that our frequency of incidents for both workers' compensation and liability declined year over year, in some cases by more than 20%. Containing or reducing insurance costs has meaningful benefits for our employees and stockholders, as we are primarily self-insured. Internal Development: Steady improvements were made throughout the year to increase both our internal growth rate and the percentage of waste we internalize to our own landfills. Despite a soft economy, we remained disciplined in pursuing price increases to offset rising costs. While we were successful in being awarded many new municipal contracts, including a landfill operating agreement in Central California, this discipline cost us somewhat on volume growth as competitors took some contracts at extremely low margins. Volume growth turned positive in the fourth quarter, providing strong momentum into 2004. Our internalization rate increased from approximately 63% early in 2003 to about 70% as we exited the year. We continuously seek to improve these metrics in order to maintain or increase overall margins. Other notable achievements in 2003 that laid a strong foundation for the Company included: . making significant capital investments to improve our facilities and fleet; . signing or completing acquisitions with almost $65 million of annualized revenue, a majority of which is in exclusive markets; . expanding our corporate and regional management infrastructure; . receiving credit rating upgrades from both Standard & Poor's and Moody's; and . closing a new $575 million senior credit facility with the lowest term loan pricing for a debut issuer. :1), ' ," '\ . ' ~j ",' .1' 'J I { .:\ I /j )1\1 I I ,>> fi. \ ~ (. f) J /~ .' '.- \ ~,/ Execution & Accountability As mentioned earlier, our theme this year for all employees is Execution & Accountability. In 2003, we fell short in a couple of areas due to a combination of factors. Some factors we could control- such as operational effectiveness and execution of the business plan; others we could not-such as the economy, spikes in certain cost items, weather and completion schedules for new investments. This year our focus is on eliminating the controllable factors that can influence our results. Our Board of Directors and senior management establish the corporate strategy and adopt business plans developed by local management. Our employees are responsible for the execution of their plans and should be held accountable for delivering results by our many constituents, including customers and shareholders. Throughout 2003, we significantly expanded our Operations Analysis and Integration Group as a resource both to help ensure commitments made by our employees in their 2004 budgets are implemented as scheduled and to help improve underperforming locations. The new senior members of this group are experienced operating managers in the solid waste industry who playa valuable supporting role in assisting local managers in the execution of their business plans. We have been fortunate to attract what we believe is the best team in the solid waste industry. We offer employees the opportunity and incentives to work in a dynamic and growth-oriented environment. Execution & Accountability is a theme consistent with our culture as we are only as strong as our weakest link. Together, our over 3,600 member team is committed to improving our performance in 2004. This focus should deliver solid results. Outlook for 2004 For 2004, we see more positives than negatives given the decrease in many of the headwinds we faced and the significant investments we made in 2003. Price and volume growth are budgeted at higher rates than we realized in 2003. The back-end loaded nature of our acquisitions in 2003 provides visibility for strong top line growth this year. Financial margins for the full year should remain relatively stable, although the typically lower margins from newly completed acquisitions could dilute the overall corporate average. The expiration of high rate interest rate swaps in late 2003 will reduce our borrowing cost in 2004 and provide additional cushion in a potentially rising interest rate environment. Finally, our strong free cash flow generation will fund a greater portion of our acquisition program and should continue to improve our credit ratios. Conclusion We are well positioned for 2004 due to the support of our customers and stockholders and the efforts of our loyal employees. We especially would like to recognize two of our founding employees for whom 2003 was a year of transition. In September, Eric Moser announced his retirement effective early 2004. Eric has been a valuable contributor to the development of the company. Eric's personality and skills will be missed, and we wish him the best of luck in his future plans. In October, Darrell ,Chambliss was promoted to Chief Operating Officer, a well-deserved promotion that positions the company for continued growth. Our differentiated strategy continues to produce superior results within the solid waste industry. We have demonstrated the discipline to maintain this strategy and are committed to improving our financial results. We owe it to our stockholders to execute our plans and be held accountable to our results. Ronald J. Mittelstaedt CHAIRMAN, PRESIDENT AND CHIEF EXECUTIVE OFFICER Steven F. Bouck EXECUTIVE VICE PRESIDENT AND CHIEF FINANCIAL OFFICER . , .u i ! 1 ~ .1 I I i I I ! tJ: '1' , " I !:, - 1 r , " { , t ~ - ' -~ ~Ct " .': ! It''_> t'" I c 1 ~~ FORM 10-K SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 [X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 1 5 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 ! j L . j For the fiscal year ended December 31, 2003 OR ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to CommiSSIOn File No. 0-28652 WASTE CONNECTIONS, INC. (Exact name of registrant as specified in its charter) f , Delaware (State or other }unsdictlon of incorporatIon or orgamzation) 94-3283464 (I R.S. Employer Identification) 35 Iron Point Circle Suite 200 Folsom, California (Address of pnnclpal executive offices) 95630 (ZIp Code) ~ ) (916) 608-8200 (RegIstrant's telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: None Securities registered pursuant to Section 12(g) of the Act: Common Stock, par value $.01 per share (Title of Class) Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes [X] No [ ] Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not be contained, to the best of registrant's knowledge, in defmitive proxy or information statements incorporated by reference in Part III ofthis Form 10-K or any amendment to this Form 1O-K. [ ] Indicate by check mark whether the registrant is an accelerated filer (as defined in Rule 12b-2 of the Act). Yes [X] No [ ] Aggregate market value of voting stock held by non-affiliates of registrant as of June 30, 2003: $973,781,357 Number of shares of Common Stock outstanding as of February 29, 2004: 28,925,102 DOCUMENTS INCORPORATED BY REFERENCE ~) ,_ Portions of the registrant's definitive Proxy Statement for the 2004 Annual Meeting of Stockholders are incorporated by reference into :t Part III hereof. I -- j WASTE CONNECTIONS, INC. ANNUAL REPORT ON FORM 10-K Ii) : ! TABLE OF CONTENTS ~ Pal!e PART I 1. BUSINESS 1 2. PROPERTIES 20 3. LEGAL PROCEEDINGS 20 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS 21 PART II 5. MARKET FOR REGISTRANT'S COMMON EQUITY AND RELATED STOCKHOLDER MATTERS 24 6. SELECTED FINANCIAL DATA 25 7. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS 27 7A. QUANTIT A TNE AND QUALITATIVE DISCLOSURE ABOUT MARKET RISK 39 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA 40 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE 40 9A. CONTROLS AND PROCEDURES 41 PART III 10. DIRECTORS AND EXECUTIVE OFFICERS OF THE REGISTRANT 77 11, 12, 13, 14. 77 PART IV ~l 15. EXHIBITS, FINANCIAL STATEMENTS, AND REPORTS ON FORM 8-K 77 SIGNATURES 78 SCHEDULE II - V ALUA TION AND QUALIFYING ACCOUNTS 79 EXHIBIT INDEX 80 ~ l~ i I of )&ART I , Forward Looking Statements Certam information contained in this Annual Report on Form lO-K, including, without limitation, information appearing under Item 1, "Business," and Item 7, "Management's Discussion and Analysis of Financial Condition and Results of Operations," includes statements that are forward-looking in nature. These statements can be identified by the use of forward-looking terminology such as "believes", "expects", "may", "will", "should" or "anticipates" or the negative thereof or comparable termmology, or by discussions of strategy. Our business and operations are subject to a variety of risks and uncertainties and, consequently, actual results may matenally differ from those projected by any forward-looking statements m this Annual Report on Form 1O-K. Factors that could cause actual results to differ from those projected include, but are not limited to: (1) competition or unfavorable economic or industry conditions could lead to a decrease in demand for our services and/or to a decline in prices we realize for our services, (2) we depend in part on acquisitions for growth; we may be required to pay higher prices for acquisitions, and we may experience difficulty in ' integrating and deriving synergies from acquisitions, or fmding acquisition targets suitable to our growth strategy, (3) we may not always have access to the additional capital that we require to execute our growth strategy or our cost of capital may increase, (4) governmental regulations may reqUIre increased capital expenditures or otherwise affect our business, (5) businesses that. we acquire could have undiscovered liabtlities, (6) large, long-term collection contracts on which we depend may not be replaced when they expire or are terminated, (7) we are hIghly dependent on the servIces of our senior management, who would be difficult or impossible to replace, and (8) we have a substantial amount of goodwill; if mdicators of impairment arise, a write-down of our goodwill may be required, which could materially impair our net worth. These risks and uncertainties, as well as others, are discussed in greater detail in our other filings with the Securities and Exchange Commission. We make no commItment to revise or update any forward-looking statement to reflect events or circumstances after the date any such statement is made. ITEM 1. BUSINESS General @ I '. Waste Connections, Inc., a Delaware corporation organized in 1997, is an mtegrated solid waste servIces company that provides l .olid waste collection, transfer, disposal and recycling servIces m mostly secondary markets in the Western and Southern U.S. As of December 31, 2003, we served more than one million commercial, residential and industrial customers from operations in 23 states: Alabama, Arizona, California, Colorado, Georgia, Illinois, Iowa, Kansas, Kentucky, Minnesota, Mississippi, Montana, Nebraska, New Mexico, Ohio, Oklahoma, Oregon, South Dakota, Tennessee, Texas, Utah, Washmgton, and Wyoming. As of that date, we owned or operated a network of 101 collection operations, 33 transfer stations, 34 municipal solid waste landfills, one construction and demolition landfill and 26 recycling operations. We also owned one municipal solid waste landfill site that is permitted for operation, but not constructed as of December 31, 2003. Our growth strategy focuses on expanding into secondary markets located pnmarily in the Western and Southern U.S. that have strong demographic growth trends and where competitive barriers to entry can be developed. We target markets where we can either (1) provide waste collection services under franchises, exclusive contracts or other arrangements, or (2) gamer a leading market positIOn and provide vertically integrated collection and disposal services. We generally seek to avoid operating in highly competitive, larger urban markets. Weare a leading proVIder of solid waste services in most of our markets, and more than 50% of our revenues are derived from market areas where we have franchise or exclusive rights to provide our services. We have focused on secondary markets mostly m the Western and Southern U.S. because we believe that in those areas: (1) there IS a greater opportunity to enter into exclusive arrangements; (2) there is less competition from larger solid waste services companies; (3) strong economic and populatIOn growth rates are projected; and (4) there remain a number of independent solid waste services companies SUItable for acqUIsition. We have developed a two-pronged business strategy tailored to the competitive and regulatory factors that affect our markets: _ Control the Waste Stream. In markets where waste collection servIces are provided under exclUSIve arrangements, or where waste disposal is muniCIpally funded or available at multiple municipal sources, we believe that controlling the waste stream by providing collection services is often more important to our growth and profitability than owning or operating landfills. In addition, ,~ (, ! I I I contracts in some western U.S. markets dictate the disposal facility to be used. The large size of many western states increases tbi; ,,:,I( cost of interstate and long haul disposal, heightening the effects of regulatiOns that direct waste disposal, which may make it mol:~J, difficult for a landfill to obtam the disposal volume necessary to operate profitably. In markets with these characteristics, we I believe that landfill ownership or vertical integration is not as critical to our success. - Provide Verticallv Integrated Services. In markets where we believe that owning landfills is a strategic element to a collection operation because of competitive and regulatory factors, we generally focus on providmg integrated services, from collection through disposal of solid waste in landfills that we own or operate. In December 2003, approximately 69% of waste we collected in our markets was disposed of at landfills we owned or operated. Our senior management team has extensive experience in acquiring, integrating and operating solid waste services businesses, and we intend to continue to pursue an acquisition-based growth strategy. As of December 31,2003, we had acquired 167 businesses since our inception in September 1997. We anticipate that a substantial part of our future growth will come from acquiring additional solid waste collection, transfer and disposal businesses and, therefore, we expect additional acquisitions could continue to affect period-to- period comparisons of our operating results. Unless otherwise noted, all descriptions of our business in this Annual Report on Form 10-K are as of December 31, 2003. Industry Background We estimate that the U.S. solid waste services industry generated revenues of approximately $40 billion in 2003. The solid waste services industry has undergone significant consolidation and integration since 1990. We believe that the following factors have primarily caused this consolidation and integration: Increased Regulations. Industry regulations implemented in the early 1990s caused operating and capital costs to rise. Many smaller industry participants have found these costs difficult to bear and have closed their operations or sold them to larger operators. In addition, Subtitle D regulations require more stringent engineering of solid waste landfills and mandate liner systems, . leachate collection, treatment and monitoring systems and gas collection and monitoring systems. These ongoing costs ar'" ( ') combined with increased financial reserve requirements for solid waste landfill operators relating to closure and post-closur'l) , .1 monitoring. As a result, the number of solid waste landfills is declining while the average size is increasing. Increased Integration of Collection and DisDosal Operations. In certain markets, competitive pressures are forcing operators to become more efficient by establishing an integrated network of solid waste collection operations and transfer stations, through which they secure solid waste streams for disposal. Operators have adopted a variety of disposal strategies, including owning landfills, establishing strategic relationships to secure access to landfills and capture significant waste stream volumes to gain leverage in negotiating lower landfill fees, and securing long-term, most-favored-pricing contracts with high capacity landfills. Pursuit of Economies of Scale. Larger operators achieve economies of scale by vertically integrating their operations or by spreading their facility, asset and management infrastructure over larger volumes. Larger solid waste collection and disposal companies have become more cost-effective and competitive by controlling a larger waste stream and by gaining access to significant fmancial resources to make acquisitions. In the Western U.S., we believe these factors did not accelerate consolidation as much as in other regions because waste collection services in these markets are provided largely under three types of contractual arrangements which limit the impact of factors that have driven consolidation elsewhere in the United States. These arrangements include certificates or permits, franchise agreements and municipal contracts. Certificates of public convenience and necessity or permits, such as governmental certificates awarded to solid waste collection service providers in unincorporated areas and electing municipalities in Washington state by the Washington Utilities and Transportation Commission (the "WUTC"), typically grant the holder the exclusive and perpetual right to provide specific residential, commercial and/or industrial waste services in a defined territory at specified rates. See "G certificates" on page 8. Franchise agreements typically provide an exclusive service period of five to ten years or longer and specifY the service territory, a broad range of services to be provided, and rates for the services. They also often give the service provider a right of first refusal to extend the term of the agreement. Municipal contracts typically provide a shorter service period and a more limited scope of services than franchise agreements and generally require competitive bidding at the end of the contract term. Unless customers within the areas , tV ~j 2 ~) ,,avered by certain .governmental certificates, franchise agreements and municipal contracts ,elect not to receive any waste collection .rvices, they are required to pay collection fees to the company providing these services in their area. These exclusive rights and contractual arrangements create barriers to entry that can be overcome mostly by the acquisition of the company with such exclusive rights or contractual arrangements. The solid waste services industry remains very regional in nature with acquisition opportunities available in selected markets. Due to the prevalence of exclusive arrangements and the reduced pace of consolidation, we believe the Western markets contain the largest and most attractive number of acquisitton opportunities. We expect the consolidation trend in the solid waste industry to continue, but at a slowing pace. Some of the remaimng independent landfill and collection operators lack the capital resources, management skills and technical expertise necessary to comply with stringent environmental and other governmental regulations and to compete with larger, more efficient, integrated operators. In addition, many of the remaining independent operators may wish to sell their businesses to achieve hquidity in their personal finances or as part of their estate planning. GROWTH STRATEGY _ Internal Growth. To generate continued internal revenue growth, we focus on increasing market penetratIOn in our current and adjacent markets, soliciting new commercial, industrial, and residential customers in markets where such customers may elect whether or not to receive waste collection services, marketing upgraded or additional services (such as compaction or automated collection) to existing customers and, where appropriate, raising prices. Where pOSSIble, we intend to leverage our franchise-based platforms to expand our customer base beyond our exclusive market temtories. As customers are added in existing markets, our revenue per routed truck increases, which generally increases our collection efficienCIes and profitability. In markets in which we have exclusive contracts, franchises and certificates, we expect internal volume growth generally to track population and business growth. ~) t Exclusive Arrangements. We derive a significant portIOn of our revenues from arrangements, including franchise agreements, municipal contracts and governmental certtficates, under which we are the exclusive service provider in a specified market. We intend to devote significant resources to securing additional franchise agreements and municipal contracts through competitive . bidding and additional governmental certIficates by acquiring other companies. In bidding for franchises and muniCIpal contracts and evaluating acquisition candidates holding governmental certificates, our management team draws on its experience in the waste industry and its knowledge of local service areas in existing and target markets. Our dIStrict managers maintain relationships with local governmental officials within their service areas, and sales representatives may be assigned to cover specific municipalities. These personnel focus on mamtaining, renewmg and renegotiating existing franchise agreements and municipal contracts and on securing additional agreements and contracts whIle maintaining acceptable financial returns. Expansion Through Acquisitions. We intend to expand the scope of our operations by continuing to acquire solid waste operations in new markets and in existing or adjacent markets that are combmed with or "tucked in" to our existing operations. We focus our acquisition efforts on markets that we believe proVIde significant growth opportunities for a well-capitahzed market entrant and where we can create economic and operational barriers to entry by new competitors. We believe that our experienced management, decentralized operating strategy, financial strength, SIze and public company status make us an attractive buyer to certain solid waste collection and disposal acquisition candidates. We have developed an acquisition disciphne based on a set of financial, market and management criteria to evaluate opportunities. Once an acqUIsition is closed, we seek to mtegrate it and to mimmize disruption to the ongoing operations of both Waste Connections and the acqUIred busmess. In new markets, we often use an initial acquisition as an operating base and seek to strengthen the acquired operation's presence in that market by providing additional services, adding new customers and making "tuck-in" acquisitions. We next seek to broaden our regional presence by adding additional operations in markets adjacent to the new location. We beheve that many suitable "tuck-in" acquisition opportunities exist within our current and targeted market areas that provide us with opportunities to increase our market share and route density. OPERATING STRATEGY _ Decentralized Operations. We manage our operations on a decentralIzed basis. This places decision-making authority close to the customer, enabling us to identify customers' needs quickly and to address those needs in a cost-effective manner. We believe that t' \ ~; , " 3 I decentralization provides a low-overhead, highly efficient operational structure that allows us to expand Into geographical_,-;:li contiguous markets and operate in relatively small communities that larger competitors may not find attractive. We believe th")l this structure gives us a strategic competitive advantage, given the relatively rural nature of much of the Western and Southern U.S., and makes us an attractive buyer to many potential acqUlsitlOn candIdates. We currently deliver our services from approximately 118 operating locations grouped into the following four regions: Pacific Northwest, Western, Central and Eastern. We organized our business into these four regions on the basis of their respective geographic characteristics, interstate waste flow, revenue base, employee base, regulatory structure and acquisition opportunities. Each region has a reglOnal vice president and a regional controller, reporting directly to the corporate management. They are responsible for operations and accounting in their respective region and supervIse a regional staff. Each operating location has a district manager with autonomous service and decision-making authority for their operations and who is responsible for maintaining service quality, promoting safety, implementIng marketing programs, and overseeing day-to- day operations, including contract administration. District managers also help identify acquisition candidates and are responsible for integrating acquired businesses into our operations and obtaining the permits and other governmental approvals required for us to operate them. Onerating Enhancements. We develop company-wide operating standards, which are taIlored for each of our markets based on industry standards and local conditions. Upon closing an acquisition, we implement cost controls and employee training and safety procedures, and establish a sales and marketing plan for each market. We use a wide area information system network, implement financial controls, and consolidate certain accounting, personnel and customer service functions. While regional and district management operate with a high degree of autonomy, our senior officers monitor regional and district operations and require adherence to our accountIng, purchasing, marketing and internal control policies, particularly with respect to financial matters. Our executive officers regularly review the performance of district managers and operatlOns. We belIeve that by establishing operating standards, closely monitonng performance and streamlining certain administrative functions, we can improve the profitability of existing and newly acquired operations. If we can internalize the waste stream of acquired operations, we can further increase operating efficiencies and improve capi - J_7 utilization. Where not restricted by exclusive agreements, contracts, permits or certificates, we also solicit new commercia, , industrial and residential customers in areas within and surrounding the markets served by acquired collection operations, to further improve economies of scale and increase collection volumes. SERVICES Commercial, Industrial and Residential Collection Services We serve more than one million commercial, industrial and residential customers from operations in 23 states. Our services are generally provided under one of the following arrangements: (1) governmental certificates; (2) exclusive franchise agreements; (3) exclusive municipal contracts; (4) commercial and industrial service agreements; (5) residential subscriptions; and (6) residential contracts. Governmental certificates, exclusive franchise agreements and exclusive municipal contracts grant us nghts to provide services within specified areas at established rates. We currently have in excess of 650 such exclusive arrangements, whIch vary in both size and duratlOn. Governmental certificates are unique to the State of Washington and are generally perpetual in duration. Generally, franchise agreements with government entities tend to be larger and of longer duration than municipal contracts. We continue to provide service under some municipal contracts that have expired, while new agreements are being negotiated. We do not expect that the loss of any current contracts in negotiation for renewal or contracts likely to terminate in 2004 would have a material adverse affect on our revenues or cash flows. No individual contract or customer accounted for more than 5% of our total revenues for the year ended December 31,2003. We provide commercial and industrial services, other than those we perform under exclusive arrangements, under service agreements generally. ranging from one to three years. We determine fees under these agreements by such factors as collection frequency, level of service, route density, the ty,pe, volume and weight of the waste collected, type of equipment and containers , :'j 4 ! &)1:1 tpnished, the distance to the disposal or processing facility, the cost of disposal or processing and prices charged in our markets for .milar services. Collection of larger volumes associated with commercIal and industrial waste streams generally help improve our operating efficIencies, and consolidation of these volumes allows us to negotiate more favorable disposal prices. Our commercial and industrial customers use portable containers for storage, enabling us to service many <::ustomers with fewer collection vehicleS. Commercial and industrial collection vehicles normally reqUlre one operator. We provide one to ten cubic yard containers to commercial customers, 10 to 50 cubic yard containers to industrial customers, and 30 to 96 gallon carts to residential customers. For an additional fee, we install on the premises of large volume customers stationary compactors that compact waste prior to collection. We provide residential waste services, other than those we perform under exclusive arrangements, under contracts with homeowners' associations, apartment owners or mobile home park operators, or on a subscription basis with individual households. We set base residential fees on a contract basis primarily based on route densIty, the frequency and level of service, the distance to the disposal or processing facility, weight and type of waste collected, type of equipment and containers furnished, the cost of disposal or processing and prices charged by competitors in that market for similar services. Collection fees are paid either by the municipalities ' from tax revenues or directly by the residents receiving the services. Landfills Currently, solid waste landfills in the Umted States must be designed, permitted, operated, closed and maintained after closure in compliance with federal, state and local regulations pursuant to Subtitle D of the Resource Conservation and Recovery Act of 1976, as amended ("RCRA"). Operating a solid waste landfill involves excavating, constructing liners and final caps, continually spreading and compacting waste, covering waste wIth earth or other inert matenal at least once a day to mamtain sanitary conditions, using the airspace effectively and preparing the site so it can ultimately be used for other purposes. ~>>) . We seek to identify solid waste landfill acquisition candidates to achieve vertical integration in markets where the economic and regulatory environment makes landfill acquisitions attractive. In some markets, acquiring landfills provides opportunities to vertically integrate our collection, transfer and disposal operations while improving operating margins. When we have vertical integration, we eliminate third party disposal costs and generally are able to realize higher margms and stronger operating cash flows. The fees . .harged at disposal facIlities, which are known as "tipping fees," are based on market factors and take into account the type and ~eight or volume of solid waste deposited and the type and size of the vehicles used to transport waste. We evaluate landfill acquisItion candidates by determining, among other factors, whether access to the landfill is economically feasible from our existmg market areas eIther directly or through transfer stations, the amount and disposal cost of waste we currently dispose of at a facility owned by a third party that could be dIverted to the landfill, the expected life of the landfill, the potential for expanding the landfill and the potential for material environmental liabilities at the landfill. Our municipal sohd waste landfill facilities consisted of the following at December 31, 2003: Owned and operated landfills 20 Operated landfills under limited-term operating agreements 9 Operated landfills under life-of-site operating agreements 5 34 We also own one muniCipal solid waste landfill site that is permitted for operation, but not constructed as of December 31, 2003. Currently, we own landfills in California, Colorado, Illinois, Kansas, Minnesota, Nebraska, New Mexico, Oklahoma, Oregon, Tennessee and Washington. In addItion, we operate, but do not own, landfills in California, Colorado, Georgia, Mississippi, Nebraska and New Mexico. With the exception of one landfill located in Tennessee that only accepts construction and demolition waste, all landfills that we own or operate are municipal solid waste landfills. In January 2004, we also acquired a company operating a construction and demolition landfill m Kentucky. For landfill operatmg agreements, the owner of the property, generally a municipality, usually owns the permIt and we operate the landfill for a contracted term, which may be the life of the landfill. Under our operating agreements for WhICh the contracted term is not the life of the landfill, the property owner is .generally responsible for closure and post-closure obligations. We are operating at reduced disposal volumes at one of our operated landfills under a limited- term operating agreement, for which we had no closure or post-closure obligations. The limited term operating agreement for another of our landfills is set to expire in July 2004 from which we generate approximately $0.7 million of annuahzed revenues. The loss of ." f ' . , j" .~. 5 these two limited-term operating agreements is not expected to have a material financial impact. We are responsible for all closur.t,:":,\ and post-closure liabilities at four of our five operated landfills for which we have life-of-site operating agreements. ,J'\ Based on remaining permitted capacity as of December 31, 2003, and projected annual disposal volumes, the average remaining landfill life for our owned and operated landfills and landfills operated, but not owned, under 1ife-of-site operating agreements, is estimated to be approximately 49 years. Many of our existmg landfills have the potential for expanded disposal capacity beyond the amount currently permitted. We monitor the available permitted in-place disposal capaCIty of our landfills on an ongoing basis and evaluate whether to seek to expand this capacity. In making this evaluation, we consider various factors, including the volume of waste projected to be disposed of at the landfill, the size of the unpermitted acreage included in the landfill, the likelihood that we will be able to obtain the necessary approvals and permits required for the expansion, and the costs that would be involved in developing the additional capacity. We also regularly consider whether it is advisable, in light of changing market conditions and/or regulatory requirements, to seek to expand or change the permitted waste streams or to seek other permit modifications. We are currently seeking to expand permitted capacity at 11 of our landfills for which we consider expansions to be probable. Although we cannot be certain that all future expansions will be permitted as designed, the average remaining landfill life for our owned and operated landfills and landfills operated, but not owned, under life-of-site operating agreements is estimated to be approximately 63 years when considering remaining permitted capacity, probable expansion capacity and projected annual disposal volume. The operating contracts for which the contracted term is not the life of the landfill have expiration dates from 2004 to 2013. The following table reflects estimated landfill capacity and airspace changes, as measured in tons, for owned and operated landfills and landfills operated, but not owned, under life-of-site operating agreements (in thousands): 2002 2003 Probable Probable Permitted Expansion Total Permitted Expansion Total Balance, beginning of year 271,139 21,890 293,029 290,942 47,542 338,484 Acquisitions and new life-of-site operating agreements 16,195 16,195 9,561 1,400 10,961 New expanSIons pursued 34,901 34,901 29,548 29,548 . "1 Permits granted 6,133 (6,133) 550 (550) I Airspace consumed (5,454) (5,454) (5,894) (5,894) Changes in engineering estimates 2,929 (3,116) (187) (6,367) 5,358 (1,009) Balance, end of year 290,942 47,542 338,484 288,792 83,298 372,090 The estimated remaining operating lives for our owned and operated landfills and landfills operated, but not owned, under life-of- site operating agreements, based on remaining permitted and probable expansion capacity and projected annual disposal volume, in years, as of December 31,2002, was as follows: o to 10 11 to 20 21 to 40 41 to 50 51 + Total Owned and operated landfills Operated landfills under life-of-site operating agreements 2 2 4 11 20 4 1 2 2 13 3 23 2 2 tD)(] 6 6 The estimated remaining operating lives for our owned and operated 'landfills and landfills operated, but not owned, under life-of- .ite operating agreements, based on remaining permitted and probable expansion capacity and projected annual disposal volume, in years, as of December 31, 2003, was as follows: o to 10 11 to 20 21 to 40 41 to 50 51 + Total Owned and operated landfills Operated landfills under life-of-site operating agreements 2 2 3 4 9 20 2 2 5 1 5 2 11 5 25 2 The disposal tonnage that we received in 2002 and 2003 at all of our municipal solid waste landfills is shown below (tons in thousands): I, t Owned and operated landfills Operated landfills under limited-term operating agreements Operated landfills under life-of-site operating agreements 2002 2003 Number of Total Number of Total Sites Tons Sites Tons 20 5,057 20 5,335 7 610 9 896 3 397 5 559 30 6,064 34 6,790 Transfer Station Services We have an active program to acquire, develop, own and operate transfer stations in markets proximate to our collection operations. Transfer stations extend our direct-haul reach and link disparate collection operations with disposal facilities that we own, operate or have under contract. We owned or operated 33 transfer stations at December 31,2003. Currently, we own transfer stations m Colorado, Georgia, Kansas, Montana, Nebraska, Oklahoma, Oregon, Tennessee and Washington. In addition, we operate, but do not own, transfer stations in California, Kentucky, Nebraska, and Washington. Transfer stations receive, compact, and load solid waste onto larger vehicles to be transported to landfills. We believe that transfer stations benefit us by: concentratmg the waste stream from a wider area, which increases the volume of disposal at our landfill facilities and gives us greater leverage in negotiating for more favorable disposal rates at other landfills; Improving utihzation of collection personnel and equipment; and buildmg relatIOnships with muniCIpalities and private operators that dehver waste, which can lead to additional growth opportunities. Recychng Services We offer municipal, commercIal, industrial and residential customers recycling services for a variety of recyclable materials, includmg cardboard, office paper, plastic contamers, glass bottles and ferrous and aluminum metals. We own or operate 26 recycling processing operations and sell other collected recyclable materials to third parties for processing before resale. We often share the f \. 7 profits from our resale of recycled materials with other parties to our recycling contracts. For example, certam of our mumcip:6 ~. I recycling contracts in Washington, negotiated before we acquired those businesses, specify certain benchmark resale prices fo',----", , recycled commodities. To the extent the prices we actually receIve for the processed recycled commodities collected under those contracts exceed the prices specified in the contracts, we share the excess WIth the municipality, after recovering any previous shortfalls resulting from actual market prices falling below the prices specified in the contracts. To reduce our exposure to commodity price volatility and risk with respect to recycled materials, we have adopted a pricing strategy of charging collection and processing fees for recycling volume collected from third parties. We believe that recycling will continue to be an important component of local and state solid waste management plans due to the public's increasing environmental awareness and expanding regulations that mandate or encourage recycling. G CERTIFICATES A substantial portion of our Washington collection business is performed under governmental certificates (referred to as "G certificates") awarded by the WUTC. G certificates apply only to unincorporated areas of Washington and muniCIpalIties that have elected to have their solid waste collection overseen by the WUTC. G certificates generally grant the holder the exclusive and perpetual right to provide certain solid waste collection and transportation services in a specified territory. The WUTC has repeatedly determined that, in enacting the statute authorizing G certificates, the Washington legislature intended to favor grants of exclusive, rather than overlapping, service rights for conventional solid waste services. Accordingly, most G certificates currently grant exclusive solid wast~ collection and transportation rights for conventional solid waste services in specified territories. SALES AND MARKETING In many of our existing markets, we provide waste collection, transfer and disposal services to municipalities and governmental authorities under exclusive arrangements, and, therefore, do not contract directly with individual customers. In addition, because we have grown primarily through acquisitions, we have generally assumed existing franchise agreements, municipal contracts and G certificates from the acquired companies, rather than obtaining new contracts. For these reasons, our sales and marketing efforts to date have been narrowly focused. We have added sales and marketing personnel as necessary to extend or renew eXIsting contracts~ 'J solicit new contracts or customers in markets where we are not the exclusive provider of solid waste services, expand our presenc~l ~ into areas adjacent to or contiguous with our existing markets, and market additional services to existing customers. " , COMPETITION The solid waste services industry is highly competitive and requires substantial labor and capital resources. The industry presently includes three large national waste companies: Allied Waste Industries, Inc., Republic Services, Inc., and Waste Management, Inc. Casella Waste Systems, Inc., and Waste Industries USA, Inc. are two other public companies with a regional focus and annual revenues in excess of $200 million. Certain of the markets in whIch we compete or will likely compete are served by one or more large, national solid waste companies, as well as by numerous privately held regional and local solid waste companies of varying sizes and resources, some of which have accumulated substantial goodwill in their markets. We also compete with operators of alternative disposal facilities, including incinerators, and with counties, munIcipalities, and solid waste districts that maintain their own waste collection and disposal operations. Public sector operators may have [mancial advantages over us, because of their access to user fees and similar charges, tax revenues and tax-exempt financing. We compete for collection, transfer and disposal volume based primarily on the price and quality of our services. From time to time, competitors may reduce the price of their services in an effort to expand their market shares or service areas .or to win . competitively bid municipal contracts. These practices may cause us to reduce the price of our services or, if we elect not to do so, to lose business. We provide a substantial portion of our residential, commercial and industrial collection services under exclusive franchise and municipal contracts and certificates, some of which are subject to periodic competitive bidding. We provide the balance of our services under subscription agreements with individual households and one to three year service contracts with commercial and industrial customers. The solid waste collection and disposal mdustry has undergone significant consolidation, and we encounter competition in our efforts to acquire landfills, transfer and collection operations. Intense competition exists not only for collection, transfer and disposal volum~, but also for remaining acquisitIon candidates. We generally compete for acquisition candidates with publicly owned regional ~t. :1 8 I)) .t large national waste management companies. Competition in the dIsposal industry is also affected by the increasing national J '\ phasis on recycling and other waste reduction programs, which may reduce the volume of waste deposited m landfills. Accordingly, it may become uneconomical for us to make further acquisitions or we may be unable to locate or acquire suitabl~ acquisition candidates at price levels and on terms and conditions that we consider appropriate, particularly in markets we do not already serve. . REGULATION Introduction Our landfill operations and non-landfill operations, including waste transportation, transfer stations, vehicle maintenance shops and fueling facilities, are all subject to extensive and evolving federal, state and local environmental laws and regulations, the enforcement of which has become increasingly stringent. The environmental regulations that affect us are administered by the EP A and other federal, state and local environmental, zoning, health and safety agencies. The WUTC regulates the portIon of our collectio~ business in Washington performed under G certificates, which generally grant us perpetual and exclusive collectIOn rIghts in certain areas. We are currently in substantial compliance with applIcable federal, state and local environmental laws, permits, orders and regulations. We do not currently antIcipate any material costs necessary to brIng our operatIons into environmental compliance (although there can be no assurance in this regard). We attempt to anticipate future regulatory reqUIrements and to plan in advance as necessary to comply with them. The principal federal, state and local statutes and regulatIOns that apply to our operations are deSCrIbed below. All of the federal statutes described below contam prOVIsions that authOrIze, under certain circumstances, lawsuits by private CItIzens to enforce the provisions of the statutes. In additIon to penalties, some of those statutes authorize an award of attorneys' fees to parties that successfully bring such an action. Enforcement actions under these statutes may include both civil and criminal penaltIes, as well as injunctive relief in some instances. The Resource Conservation and Recovery Act of 1976 (nRCRAn) ~\ . I~J '9 . RCRA regulates the generation, treatment, storage, handlIng, transportation and disposal of solid waste and requires states to develop programs to ensure the safe disposal of solid waste RCRA divides solid waste into two groups, hazardous and nonhazardous. Wastes are generally classified as hazardous if they either (i) are specifically included on a lIst of hazardous wastes, or (ii) exhibit certain characteristIcs defined as hazardous. Household wastes are specifically deSIgnated as nonhazardous. Wastes classified as hazardous under RCRA are subject to much stricter regulation than wastes classified as nonhazardous, and bUSIllesses that deal with hazardous waste are subject to regulatory oblIgatIons in addition to those imposed on handlers of nonhazardous waste. From the date of inception through December 31, 2003, we did not, to our knowledge, transport hazardous wastes under circumstances that would subject us to hazardous waste regulatIOns under RCRA. Some of our ancillary operations (e.g., vehIcle maintenance operations) may generate hazardous wastes. We manage these wastes in substantIal compliance with applicable laws. In October 1991, the Environmental Protection Agency adopted the Subtitle D Regulations governing solid waste landfills. The Subtitle D RegulatIOns, whIch generally became effectIve m October 1993, mclude locatIon restrictions, facility design standards, operating criteria, closure and post-closure reqUIrements, finanCIal assurance requirements, groundwater monitoring requirements, groundwater remediation standards and corrective action reqUIrements. In addition, the Subtitle D Regulations require that new landfill sites meet more stringent liner design criteria (typically, composite soil and synthetic lIners or two or more synthetic liners) intended to keep leachate out of groundwater and have extensive collection systems to carry away leachate for treatment prior to disposal. Groundwater monitOrIng wells must also be installed at virtually all landfills to monitor groundwater quality and, indirectly, the effectiveness of the leachate collection system. The Subtitle D Regulations also require, where certain regulatory thresholds are exceeded, that faCIlIty owners or operators control emissions of methane gas generated at landfills in a manner intended to protect human health and the environment. Each state is required to revise ItS landfill regulatIOns to meet these requirements or such requirements will be automatically Imposed by the EP A on landfill owners and operators III that state. Each state is also required to adopt and implement a permit program or other appropriate system to ensure that landfills in the state comply with the Subtitle D RegulatIOns. Various states III WhICh we operate or in which we may operate in the future have adopted regulations or programs as stringent as, or more stringent than, the Subtitle D Regulations. #' \ 9 . .1 RCRA also regulates underground storage of petroleum and other regulated materials. RCRA requires registration, complianA~\ with techmcal standards for tanks, release detection and reporting, and correctIve actlOn, among other things. Certain of our faciliti!-./I, and operations are subject to these requirements. The Federal Water Pollution Control Act of 1972 (the "Clean Water Act") The Clean Water Act regulates the discharge of pollutants from a variety. of sources, including solid waste disposal sites and transfer stations, into waters of the Umted States. If run-off from our owned or operated transfer stations or run-off or collected leachate from our owned or operated landfills is discharged into streams, rivers or other surface waters, the Clean Water Act would require us to apply for and obtain a dIscharge permit, conduct samplIng and monitoring and, under certain circumstances, reduce the quantity of pollutants in such discharge. Also, virtually all landfills are required to comply with the EP A's storm water regulations issued in November 1990, which are designed to prevent contaminated landfill storm water runoff from flowing into surface waters. We believe that our facilities comply in all material respects with the Clean Water Act reqUlrements. Various states in which we operate or in which we may operate in the future have been delegated authority to implement the Clean Water Act permitting requirements, and some of these states have adopted regulations that are more stringent than the federal requirements. For example, states often require permits for discharges to ground water as well as surface water. The Comprehensive EnvIronmental Response, Compensation, and Liability Act of 1980 ("CERCLA") CERCLA established a regulatory and remedial program intended to provide for the investIgation and cleanup of facilities where or from which a release of any hazardous substance into the environment has occurred or is threatened. CERCLA's primary mechanism for remedying such problems is to impose strict Joint and several liability for cleanup of facilities on current owners and operators of the SIte, former owners and operators of the site at the time of the disposal of the hazardous substances, any person who arranges for the transportation, dIsposal or treatment of the hazardous substances, and the transporters who select the disposal and treatment facilities. CERCLA also imposes liability for the cost of evaluating and remedying any damage to natural resources. The costs of CERCLA investigation and cleanup can be very substantIal. Liability under CERCLA does not depend on the existence or disposal of "hazardous waste" as defined by RCRA; it can also be based on the existence of even very small amounts of the more th~, 700 "hazardous substances" listed by the EP A, many of which can be found in household waste. In addition, the definition ~) "hazardous substances" in CERCLA incorporates substances designated as hazardous or toxic under the federal Clean Water Act," . Clear Air Act and Toxic Substances Control Act. If we were found to be a responsible party for a CERCLA cleanup, the enforcing agency could hold us, or any other generator, transporter or the owner or operator of the contaminated facility, responsible for all investigative and remedial costs, even if others were also liable. CERCLA also authorizes the imposition of a lien in favor of the United States on all real property subject to, or affected by, a remedial action for all costs for which a party is liable. CERCLA gives a responsible party the right to bring a contribution action against other responsible parties for their allocable shares of investigative and remedial costs. Our ability to obtain reimbursement from others for their allocable shares of such costs would be limited by our ability to find other responsible parties and prove the extent of their responsibIlity and by the fmancial resources of such other parties. Various state laws also impose liability for mvestigation, cleanup and other damages associated with hazardous substance releases. The Clean Air Act The Clean Air Act generally, through state implementation of federal requirements, regulates emissions of aIr pollutants from certain landfills based on factors such as the date of the landfill constructlOn and tons per year of emissions of regulated pollutants. Larger landfills and landfills located in areas where the ambient air does not meet certain requirements of the Clean Air Act may be subject to even more extensive air pollution controls and emission limitations. In addition, the EP A has issued standards regulating the disposal of asbestos-containing materials. Air permits may be required to construct gas collectIon and flaring systems, and operating permits may be required, dependmg on the potentIal air emissions. State air regulatory programs may implement the federal requirements but may impose additlOnal restrictions. For example, some state air programs unIquely regulate odor and the emission of toxic air pollutants. The Occupational Safety and Health Act of 1970 (the "aSH Act") The aSH Act is administered by the Occupational Safety and Health Administration ("OSHA"), and in many states by state ag~ncies whose programs have been approved by OSHA. The aSH Act establishes employer responsibilities for worker health and 6~\ 9V' 10 ~ cYAiety, including the obligation to maintain a workplace free ofrecognized hazards likely to cause death or serious:injury,'toJcomply 'IJ' "Aili'adopted worker protection standards, to maintain certain records, to provide workers with required disclosures and to implement " certain{health~d':'safety trainjng'prograt11S'.~;Yarious OSHkstaDOards may apply to' oUr operations;,'including',standards;conceriling, notices ofihazards~, safety:in,exca:~ati6n' and"demolition'work; the handling of asbestos' and aSbestos;containing, materials: 'and-worker training and emergency response programs. ' ~';, ,";:,;;-t[':E~:'~r, ~ " 'I t: :,1 " 'j ~ ' ," \' :'1 ':'; " ^' '. ,",J '1 'Flow itontro1lIrlterstate; Waste Restrictions': , t - J. I " / . ,~ " -'- ~:'" I '- -r"" 'r~. .~< :::1',1.. ~' '....~: ;1::- ,i " )" ~~A::1:-.:.l-:;:" _ '" Certain permits and approvals, as well as certain state and local regulations, may limit a landfill or'transfer station tOil!CCei>tirig wast~ that originates from specified geographic areas, restrict the importation of out-of-state waste or wastes originating outside the local jurisdictions or otherwise discriminate against non-locaFwask'These restrictions, ,generally known',as flcrw'control restrictions~ are controversial, and some courts have held that some flow control schemes violate constitutional limits on state or local regulation of interstate commerce: ,From :,time to time,' ,federal' -legislation is proposed that would allow' some local flow, contt:ol',restrictionS'. Although no such'federallegislation::has"been enacted, to~date, if such federal legislation should,be,enacted in the future,states"in whichJwe,,'owni orzoperate,landfi:lls 'could"limif'or, prohibit the importation:c!)f' out-of-state;, waste' or direct ,that <wastes beihandled :at specified'.facilities:'Such 'staie,actionscould aoversely affect our landfills. These::'re~trictions could.also result in higher disposal costs fOl:,:OUr :colle~ti6noperations. ,mwe. w:ere.-umible, to pass such ,higher 'costs through,to our customers, our business, fmancial conditio!:) and~operating results could'be'adversely' affected:,') ': :", - :,' ;"', <, ,,!O~,,~ ~::?;;..c~ 3~ ~ ;_ ",' ~~ ~ '. ~ -;:~~ ~ - ~ ; _ ~ ',o-~ _ l:~{~::-,!~~ ,- ,~ ..- c>- _""::- i, ~..;_! ~J.~~?":.:'-~~q -, ~~ :~ . ""~ , >, ~ ,~f .' ;, ~i <' ~I I, ;, ~" f;-".:;'......,~~ t~Uf ~'f('.(i(.>I-::-.::~1:t-H:t.,<.-: _(:~:t!t;..f.J-; ~ ~ -~- ,~ 'f' > - r, .'~:- -.,:? ~- ~"'J~ ~ -~ <, ~ -~..".. -' _::.- ';,;<' 'J':;~~~-,,~..l~ :'(1 (.~ "I "I " Certain state and'local jurisdictions may also see~ to enforce,flow control:restrictions through local legislation, or contractually. m certain cases, we may elect not to challenge such restrictions. These restrictions could reduce the volume of waste going to landfills in certain areas, which may,preventus from ,operating our ,landfills at their full capacity,and/oueduce the prices that we can charge for lanafill disposaL services. These restrictions may also result in higher disposal costs for our collection operations. Ifwe were unable to pass:sucD'higher costs through1tofoUr,customers, 'ow-;business, fmancial;conditiorrand operating results could be adversely,affected. ,-~~ " 1:1::: 'J~J --;-~...,:;;~ l.:Jt}~ .: .:;, _ -;. yt- r ~;Y~.. _;'.J ;- < ;:-- rr-, ~ )" ' r- > > ,~, ' y -,,,,r.. ) ,-'~- :.!'::; ',/ <;~ ~ ~~ , ~, <: Stateand~Local~RegillationA" '( ;,.' :-; ~ '_'< < -~ E"_"~,~_!_:~, 1 > ,y'- ,~ It'. ~~state in ';'~ch we now ~.;, or may oper~te in the ~~;"'i.ws ':'d rego1atio~s gov'-"';;'g~e g~e~tio~. stor~~. "', treatment,haridling;'transportation':and disposal of solid waste, occupationat:safety:and health, water and air ,pollution and, in,most _ cases\ ;the 'siting; design, "9peration;,maintenance,' closure and,post~dosure maintenance of landfills ,and transfer stations. State and local,permits and ,approval foithese 'operations may be required and inay'be subject-to,periodicrenewal, modification or ,revocation by the issuing'iigencie!LIn additi<m;'.many' states 'have adopted.statutes 'comparable ,to;, and in some cases, more 'stringent,than, CERGLA These statutes'impose requirements'for investigation and'c1eanup ,of contaminated' sites, andiliability,for costs and dainages associated with 'such': sites;. and some,:provide, fOfi'the,impQsition~'of liens on property owned,'by responsible parties."Fu,rthermore;Jniany municipalities also have ordinances, local laws and regulations affectmg our ,-operations. These .inc1udezoning' and, health'measures that limit solid waste management activities to specified sites or activities, flow control provisions that direct or restrict the delivery of solid wastes'to specific facilities, laW's that-grant the right to',establish franchises for'collection,services and then put:such franchises out'for bid"and bans, or otheNestrictions'on,the movement of solid wastes into a municipality. '~ " " ' 'J l' ,:>:l J, :;1 r " J~ ;>1 ~l[ ,J ,1 ,I I '~:: }.J~"'-' -- j , .. c';, _,., I ~ _ ,. (' ,f~' . < ~ ' - I " !; " " 'j " ;1 " ,;:;<,;Permits"or"other land use ,approvals 'with, respect to a landfill, as well as state ,or local'laws':and regulations; may 'specify' the qmintity, of,waste that may be accepted:' at ,the landfill ,during a given time, period, and/or ,specify the types: of waste, that may...be accepted at the landfill. Once an operating permit for a landfill'is obtained, ,it must ,generally 'be>renewedperiodical1~: ';c ''C', ~,<!,;~' ;::' v, " (l I; There has been an increasing trend at the state and local level to mandate and encourage waste reduction at ,the source and,"wasie recycling, and to prohibit or restrict the disposal in landfills of certain types of solid wastes, such as yard wastes, leaves and tires. The enactment of regulatIOns reducmg the volume and types of wastes ,available for transport to and disposal in landfills could-prevent us from operating our facilities at .their full capacity . ' ',': " ',~ , " j ".100_",,'. I , ':.1 r ~ < ~ . ',: Some state and local authorities enforce certain federal laws in addition to state and local laws and regulations. For example, ,in some states, RCRA, the OSH Act, parts of the Clean Air Act and parts of the Clean Water Act are enforced by local or state authonties instead of by the EP A, and in some states those laws are enforced jointly by state or local and federal authorities. I - ~"r --~ ~:;11 , I --' 11 _ J I I I I Public Utility Regulation .~\ )1 ~;l' I In many states, public authorities regulate the rates that landfill operators may charge. The adoption of rate regulation or the reductIOn of current rates in states in which we own or operate landfills could adversely affect our business, financial conditIOn and operating results. Solid waste collection servIces in all unincorporated areas of Washington and in electing municipalities In Washington are provided under G certificates awarded- by the WUTC. The WUTC also sets rates for regulated sohd waste collection services in Washington. RISK MANAGEMENT, INSURANCE AND FINANCIAL SURETY BONDS Risk Management We maintain environmental and other risk management programs appropriate for our business. Our envIronmental risk management program Includes evaluating existing facilities and potential acquisitions for environmental law comphance. We do not presently expect environmental compliance costs to increase matenally above current levels, but we cannot predict whether future acquisitions will cause such costs to increase. We also maintain a worker safety program that encourages safe practices in the workp~ace. Operating practices at our operations emphaSIze minimizing the possibility of environmental contaminatIOn and htigation. Our facilities comply in all material respects with applicable federal and state regulatIOns. Insurance Beginning August 1, 2002, we significantly changed our insurance programs for automobile habIlity, property, general liability, workers' compensatIOn and employer's liability. Prior to this date, each of these areas was thrrd-party insured with a per incident deductible of up to $5,000. Under our current insurance program, we carry per incident deductibles of $2 million for automobile liability claims, $1.5 million for workers' compensation and employer's liability claims, and $1 million for general liability claims. '" I wi' Dunng a 12 month period, our automobile liability policy will pay up to $3 million in the aggregate per Incident, after we pay the' II $2 mIllion deductible. Additionally, we have an umbrella policy with a third party insurance company for automobile liability, I general liability and employer's liability that will pay, during a 12 month period, up to an aggregate of $25 milhon of claIms in excess of the $5 million limit for automobile claims and in excess of the $1 million limit for general liabtlity and $1.5 million limit for I employer's liability claims. Since workers' compensation is a statutory coverage limited only by the various state jurisdictions, the I umbrella coverage is not applicable. Also, our umbrella policy does not cover property claims, as the insurance limits for these claims I are in accordance with the replacement values of the insured property. I In November 2002, we purchased environmental protection insurance under a three-year policy with limits of $10 million per occurrence, with a $20 million aggregate limit. This insurance covers all owned or operated landfills and transfer stations and all owned materials recycling operations. Under our policy, insurance is guaranteed for acquired and newly constructed faCIlitIes, but each addition to the policy is underwritten on a site-specific basis and the premium IS set according to the conditions found at the site. Our policy provides insurance for new pollution conditions that originate after the commencement of our coverage. Pollution conditions existing prior to the commencement of our coverage, if found, could be excluded from coverage. Financial Surety Bonds We use financial surety bonds for a variety of corporate guarantees. The two largest uses of finanCIal surety bonds are for municipal contract performance guarantees and landfill closure and post-closure financial assurance required under certain environmental regulations. Environmental regulations require demonstrated financial assurance to meet closure and post-closure requirements for landfills. In addition to surety bonds, these requirements may also be met through alternative financial assurance instruments, including insurance, letters of credit and restricted cash deposits. In August 2003, we paid $5.3 million to acquire a 9.9% interest in a company that, among other activities, issues financial surety bOflds to secure landfill closure and post-closure obligations for companies operating in the solid waste sector. tD;'11 12 I'MPLOYEES ~~ ': ,," _~ 1_ _"': ~~:;J: -;<<, n t"1 ? ! ~~ t~ , I \.1. j!--il 'fll t..j ~~ ~~ ~j f>= ~ ~_~ ~:.."t;_ f~- ~ ~>', ~{~ ~, At: Decemoer~31, 2003; we employed 3';S41::full:.tirile employees;.induding'409' employees'classified,as' professioml1s'or:mahagers,' 2,6n: 'employees ,involVed' iD. 'collection, transfer, disposal and recycling operations;,and 46l .sales"clerical; data.processing, or::other . admiriistrative employees. ",,' ,'};. .' -, C"~' ~J:~ Approximately 308 of our drivers, mechanics, equipment operators and sorters in various locations ,art: employed,under~c'onective bargaining agreements primarily with the Teamsters Union. These employees are subject to labor agreements that are subject to tenegotiation,petiodicallY;,:J~, _, ,.," ,," :,;~.'.L"~; ,j'~;.:L"IJ'" __ .,', .J ,0 '. 'J ~' f'; r,"~ i'I' ~1. ": " !.-;: l!!' t~ ; ~~ C'I' t; ~i :~ , (,1 [:1 >>' ..1 ~~I ,,,1 We do-not expect any significant disruption in our business in 2004 as a result oflabor negotiations or employee strikes. "We are noF ~wai"e"of.' aI?-Y organizational' efforts"among 'OUr'employees and 'we "believe1'thaf"oUr4 relations nWith, ,ont{<employees . are:.gbod: :Approximately 30, ,Wont gate 'derksand, 'Operators 'at one ,of oUr 'majority::oWned: subsidiaries. in Pierce GoUIity;, Was11ington' 'are representea by the' Teamsters' lind'the Operating. Engineers Uniofts: ! Oft "AugUst' 31 ,2003; tlidabonigreeIi1ent,witln1iese~emptoyees expired, and the"employees have continued to work.under the terinS,of,tlie'exprreo.'lah'Oi agreeineIlt~" We are,curreQtly,pegotiating:a new labor agreement with these employees and have no reason to believe that we will not be successful in reaching a 'mutually acceptable agreement. -""- ~ i: ' 'f..'" f.J~J AVAILABLE INFORMATION ; :.. *'. ;. ... (. ~~.! ''''' ~' ...~ "-J'f~;~f~<~ -~-> -:< " '-~-I~ , - _' l '~-, ~. ,~...... ;1< " ;'1 ~ \ \i fl ;1 " I: r1 Our internet website address is http://wasteconnections.coni: ~We make~our reports'on,Forms 10;Kj.,10-Q atid:g:K'available oncour website free of charge after we file them with the SEC. '1-' ;. :<';: " Jy~:, -:;',H L: -~ f ,<~ . L ~, -:" ~"W"'d' 'jf. " --- -, ~ '-~ .rc;: .> );~ . " :'-, I': :1 [I r: :' ," .;~- ,J , " 'l, --.. .",,/ .~" -;', -s.-;~_~-~_ " " , F 4. 2.; t-~ :--v::..... ~ ^~--~ ' >' ~ ~ ~"'... ~ W ;1 \,' r I }' I" ....-:. _"" i _ ~ ' "- ~,' -:':,r,,-' t~....- ~";~:; .:~ .::: , ,~,< ~ ! ...... ,,'^::: $~~~ , '," - ~ " I 1 l' ~. ~ ~ '.... -' ':- -;; , , ~~,-~~rF ..' ~ _ t- ..- J r' - ~ . ~ , > I, L I' I' I II I, t; Ii f I I \j~lf i~'~ Jtl . 13 - I RISK FACTORS t~;l '-/- Outlined below are some of the risks that we face and that could affect our business and financial statements for 2004 and beyond. However, they are not the only rIsks that we face. There may be additional risks that we do not presently know of or that we currently believe are immaterial that could also impair our business. RISKS RELATED TO OUR BUSINESS Difficulties in making acquisitions. acauiring exclusive contracts and generating internal growth may cause our growth to be slower than expected. Our,-growth strategy includes expanding through acquisitions, acquiring additional exclusive arrangements and generating internal growth. Most of our growth has been through acquisitions. From inception through December 31, 2003, we acquired 167 solid waste services related businesses. Although we have identified numerous acquisition candidates that we believe are suitable, we may not be able to acquire them at prices or on terms and conditions favorable to us. Our ability to grow also depends on several other factors, including: - the availability of capital to support our growth; - our 'ability to compete with existing and emerging companies; - our ability to maintain profit margins in the face of competitive pressures; - our ability to continue to recruit, train and retain qualified employees; and - continued strong demand for our services. Difficulties in any of these areas could hinder our growth. Our owth and future fmancial and operations. Part of our strategy is to achieve economies of scale and operating efficiencies by growing through acquisitions. We may not achieve these goals unless we effectively combine the operations of acquired businesses with our existing operations. Our senior management team may not be able to integrate our completed and future acquisitions. Any difficulties we encounter in the integration process could interfere with our operations and reduce our operating margins. Our acquisitions may not be successful. resulting in changes in strategy, operating losses or a loss on sale of the business acauired. Even if we are able to make acqUIsitions on advantageous terms and are able to integrate them successfully into our operations and organization, some may not fulfill our strategy. in a given market due to factors that we cannot control, such as market position or customer base. As a result, operating margins could be less than we originally anticipated when we made those acquisitions. We then may change our strategy with respect to that market or those businesses and decide to sell the operations at a loss, or keep those operations and recognize an impairment of goodwill and/or intangible assets. We compete for acquisition candidates with other purchasers, some of which have greater fmancial resources than we do. These competitors mav be able to offer more favorable acquisition terms, thus limiting our ability to grOW through acquisition. Other companies have adopted or will probably adopt our strategy of acquiring and consolidating regional and local businesses. We expect that increased consolidation in the solid waste services mdustry will increase competitive pressures. Increased competition for acquisition candidates may make fewer acquisition opportunities available to us, and may cause us to make acquisitions on less attractive terms, such as higher purchase prices. Acquisition costs may increase to levels beyond our fmancial capability or to levels that would adversely affect our operating results and fmancial condition. tjJ'" \, " - ;0" 14 We are not always able to control the timing of our acquisitions. Obtaining third-party consents and regulatory approvals, completing due diligence on the acquired businesses, and finalizing transaction terms and documents are not entirely within our control and may take longer than we anticipate, causing certam transactions to be delayed. Our inability to complete acquisitions in the time frames that we expect may cause our operating results to be less favorable than expected, which could cause our stock price to decline. Rapid growth may strain our management. operational. financial and other resources. To maintain and manage our growth, we will need to expand our management information systems capabilities and our operational and financial systems and controls. We will also need to attract, train, motivate, retain and manage additional senior managers, technical professionals and other employees. Failure to do any of these things would restrict our ability to maintain and improve our profitability while continuing to grow. We may be unable to compete effectively with governmental service providers and larger and better capitalized companies. which may result in reduced revenues and lower profits. Our industry is highly competitive and requires substantial labor and capital resources. Some of the markets in whIch we compete or will likely compete are served by one or more large, national solid waste companies, as well as by regional and local solid waste companies of varying sizes and resources, some of which have accumulated substantial goodwill in their markets. We also compete with counties, municipalities and solid waste distncts that maintain their own waste collection and disposal operations. These operators may have fmancial advantages over us because of their access to user fees and similar charges, tax revenues and tax-exempt fmancing. Some of our competItors may also be better capitalized than we are, have greater name recognition than we do or be able to provide or be willing to bid their services at a lower price than we may be willing to offer. earl termination or overnmental action which would cause our revenues to We derive a substantial portion of our revenue from services provided under exclusive municipal-contracts, franchise agreements and governmental certificates. Many of these will be subject to competitive bidding at some time in the future. For example, we have approximately 47 municipal contracts, representing annual revenues of approximately $4.2 milhon, that could expire in the next 12 months and have no renewal provisions. We also intend to bid on addItional municipal contracts and franchise agreements. We may not be the successful bidder. In addition, some of our customers may termmate their contracts with us before the end of the contract term. Municipalities may annex unincorporated areas within countIes where we provide collection services; as a result, our customers in annexed areas may be required to obtain services from competitors that have been franchised by the annexing municipalities to provide those services. Municipalities in which services are currently provided on a competitive basis may elect to franchise collection services. Unless we are awarded franchises by these municipalities, we will lose customers. Municipalities may decide to provide servIces to their residents themselves on an optional or mandatory basis, causing us to lose customers. Municipalities m Washington may by law annex unincorporated territory, which would likely remove such territory from the area covered by governmental certificates issued to us by the Washington Utility and Transportation CommiSSIOn. Annexation would reduce the areas covered by our governmental certificates and subject more of our Washington operations to competitive bidding in the future. Moreover, legislative actIOn could amend or repeal the laws governing WUTC regulatIon, which could harm our competitive position by subjecting more areas to competitive bidding. If we are not able to replace revenues from contracts lost through competitive bidding or early terminatIOn or from the renegotiation of existing contracts WIth other revenues withm a reasonable time penod, our revenues will decline. We depend significantly on the services of the members of our senior management team. and the departure of any of those persons could cause our operating results to suffer. Our success depends significantly on the continued individual and collective contributions of our senior and district management team. Key members of our management have entered into employment agreements, but we may not be able to enforce these t 15 _~J I agreements. The loss of the services of any member of our senior or district management or the mablhty to hire and retain experienceA'\ management personnel could harm our operating results. V I Our decentralized decision-making structure could allow local managers to make decisions that adversely affect our operating results. We manage our operations on a decentralized basis. Local managers have the authority to make many decisions concerning their operations without obtaining prior approval from executive officers, subject to compliance with general company-wide policies. Poor decisions by local managers could result in loss of customers or increases m costs, in either case adversely affecting operating results. Efforts bv labor unions to organize our employees could divert management attention and increase our operating expenses. From time to time, labor unions attempt to organize our employees, and these efforts will likely continue in the future. Some groups of our employees are represented by unions, and we have negotiated collective bargaining agreements with some of these groups. Additional groups of employees may seek union representation in the future, and negotiating collective bargaining agreements with these groups could divert management attention and result m increased operating expenses and lower net income. If we are unable to negotiate acceptable collective bargaining agreements, we might have to wait through "cooling off' periods, which are often followed by union-initiated work stoppages, including strikes. Depending on the type and duration of any labor disruptions, our operating expenses could increase significantly, which could adversely affect our [mancial condition, results of operations and cash flows., The 2'.eogra"hic concentration of our business makes our results vulnerable to factors affecting the regions in which we operate. and seasonal fluctuations may cause our business and financial results to vary among Quarters. which could create volatility in our stock price. Our business and [mancial results would be harmed by downturns in the general economy of the regions in which we operate and other factors affecting the regions, such as state regulations affecting the solid waste services industry and severe weather conditions. Based on historic trends experienced by the businesses we have acquired, we expect our operating results to vary seasonally, Wi~'" revenues typically lowest in the first quarter, higher in the second and third quarters, and lower in the fourth quarter than in the secon , and third quarters. We expect the fluctuation in our revenues between our highest and lowest quarters to be in the range 0 - approximately 10% to 12%. This seasonality reflects the lower volume of solid waste generated during the late fall, winter and early spring months because of decreased construction and demolition activities during the winter months. In addition, some of our operating costs may be higher in the winter months. Adverse winter weather conditions slow waste collection activities, resulting in higher labor and operational costs. Greater precipitation in the winter increases the weight of collected waste, resultmg in higher disposal costs, which are calculated on a per ton basis. Because of these factors, we expect operating income to be generally lower in the winter months, and our stock price may be negatively affected by these variations. Unusuallv adverse weather conditions may interfere wlth our operations. harming our operating results. Our collection and landfill operations could be adversely affected, beyond the normal seasonal variations described above, by unusually long periods of inclement weather, which could interfere with collection and landfill operations, reduce the volume of waste generated by our customers and delay the development of landfill capacity. Periods of particularly harsh weather may force us to temporarily suspend some of our operations. Increases in the costs of labor. disposal. fuel or energy could reduce operating margins. Our continued success will depend on our ability to attract and retain qualified personnel. We compete with other businesses in our markets for qualified employees. From time to time, the labor supply is tight in some of our markets. A shortage of qualified employees would require us to enhance our wage and benefits packages to compete more effechvely for employees or to hire more expensive temporary employees. Labor is one of our largest costs, and even relatively small increases in labor costs per employee could materially affect our cost structure. If we fail to attract and retain qualified employees, to control our labor costs, or to recover any increased labor costs through increased prices we charge for our services or otherwise offset such increases with cost savings in other areas, our operating margins could suffer. If we incur increased disposal costs in areas where we do not dispose of solid waste at landfills that we own or operate or if we incur increased disposal costs at landfills that we do own or operate and if, in elther case, we ~ .. 16 Are unable to pass these costs on to our customers, our operating results would suffer. Although fuel and energy costs account for a \Welatively small portion of our total operating expenses, the price of fuel and energy is volatile, and shortages sometimes occur. Significant increases in the cost of fuel or energy, or shortages of fuel or energy, could interrupt or curtail our operations and lower. our operating margins. I Decreased availability of surety bonds could require us to obtain other means of financlal assurance. which could result in additional capital outlays and increased expense and cause a reduction in our operating margins. We use financial surety bonds for a variety of corporate guarantees. The two largest uses of fmancial surety bonds are for municIpal contract performance guarantees and landfill closure and post-closure financial assurance required under certain environmental regulations. Environmental regulations require demonstrated financial assurance to meet closure and post-closure requirements for landfills. In addition to surety bonds, these requirements may also be met through alternative financial assurance instruments, including msurance, letters of credit and restricted cash deposits. If our current bond underwriters are unwilling to issue addItional bonds, renew existing bonds when such bonds expire, or increase their total bond commitment, or if we are unable to obtain surety bonds through new underwriters as such needs arise, we would need to arrange other means of financial assurance, such as a cash trust or a letter of credit, to secure contract performance or meet closure and post-closure requirements. Such alternate financial assurance may not be readily available, and may result in additional expense or capital outlays. Increases in insurance costs and in the amount that we self-insure for various risks could reduce our operating margins and reported earnings. We mamtain insurance programs for employee group health, automobile liabIlity, property, general liabIlity, workers' compensation, employer's liability, environmental protection and directors and officers' liability. To control rising insurance costs, beginning August 2002, we became effectively self-insured by mcreasing our per inCIdent deductibles. We carry umbrella poliCIeS for fl~rtain types of claims to provide excess coverage over the underlying polICIes and per inCIdent deductibles. The increased amounts ..~at we self-msure could cause significant volatility in our operatmg margms and reported earnings based on the occurrence and claIm costs of incidents, accidents and injuries. Our insurance accruals are based on claims filed and estimates of claims incurred but not reported and are developed by our management with assistance from our third-party actuary and our third-party claims administrator. To the extent these estimates are inaccurate, we may recognIze substantial addItional expenses in future periods that would reduce operating margins and reported earnings. Significant increases in premiums on insurance that we retain also could reduce our margins. Each business that we aCQuire or have aCQuired may have liabilities that we fail or are unable to discover. including liabilities that arise from prior owners' failure to comply with environmental laws. which may harm our financial condition. As a successor owner, we may be legally responsible for liabilities that arise from businesses that we acquire. Even if we obtain legally enforceable representations, warranties and indemnities from the sellers of such businesses, they may not cover the liabilities fully. Some envIronmental liabilities, even If we do not expressly assume them, may be imposed on us under vanous legal theories. Our msurance program does not cover liabilities associated WIth some environmental issues that may eXIst prior to attachment of coverage. A successful umnsured claim against us could harm our financial condition. Our growth may be limIted by the inabIlity to obtam new landfills and expand existing ones. We currently own and/or operate a number of landfills. Our ability to meet our growth objectives may depend in part on our ability to acquire, lease and expand landfills and develop new landfill sites. We may not be able to obtain new landfill sites or expand the permitted capacity of our landfills when necessary. Obtammg new landfill sites is Important to our expanSIOn into new non-exclusive markets; if we do not believe that we can obtain a landfill site in a non-exclusive market, we may choose not to enter that market. Expanding existing landfill sites is important In those markets where the remaining lives of our landfills are relatively short. We may choose to forego acquisitions and internal growth in these markets because increased volumes would further shorten the lives of these landfills. Either of these circumstances could result in slower growth. t 17 ---~ In some areas in which we operate, suitable land for new sites or expansIOn of existing landfill sites may be unavailable, which coul,"\\~l increase our disposal costs and reduce our operating margins. "II:/J Operating permits for landfills in states where we operate must generally be renewed every five to ten years. It has become increasingly difficult and expensive to obtain required permits and approvals to build, operate and expand solid waste management facilities, including landfills and transfer stations. The process often takes several years, requires numerous hearings and compliance with zoning, environmental and other requirements, and is frequently resisted by citizen, public interest and other groups. We may not be able to obtain or maintain the permits we require to expand, and such permits may contain burdensome terms and conditions. Even when granted, final permits to expand are often not approved until the remaining permitted disposal capacity of a landfill is very low. Local laws and ordinances also may affect our ability to obtain permits to expand landfills. If we were to exhaust our permitted capacity at a landfill, our ability to expand internally would be limited, and we could be required to cap and close that landfill and be forced to dispose of collected waste at more distant landfills or at landfills operated by our competitors. The resulting increased costs would reduce our operating margins. Our accruals for our landfill closure and post-closure costs may be inadequate, and our earnings would be lower if we are required to pay additional amounts. We will generally be required to pay closure and post-closure costs for landfills and disposal facilities that we own or operate under \llife-of-site operating agreement. Closure and post-closure costs are generally paid for a term of 30 years after fmal closure of a landfill, and accrued during the operating life of the landfill based on engineering estimates of future requirements associated with the final landfill design, fmallandfill capping and closure and post-closure process. Our obligations to pay closure or post-closure costs may exceed the amount we accrued and reserved and other amounts available from funds or reserves established to pay such costs. Paying additional amounts would lower our earnings and could cause our stock price to decline. We may incur additional charges related to capitalized expenditures, which would lower our earnings. In accordance with accounting principles generally accepted in the United States, we capitalize some expenditures and advances I' ;S; relating to acquisitions, pending acquisitions and landfill development projects. We expense indirect acquisition costs such a ~ executive salaries, general corporate overhead, public affairs and other corporate services as we incur those costs. We charge against ~" earnings any unamortized capitalized expenditures and advances (net of any amount that we estimate we will recover, through sale or otherwise) that relate to any operation that is permanently shut down or determined to be impaired, any pending acquisition that is not consummated and any landfill development project that we do not expect to complete. Any such charges against earnings could lower our stock price. Recent accounting pronouncements may require a write-down of our goodwill, which could materially impair our net worth. As a result of our acquisition strategy, we have a material amount of goodwill recorded on our fmancial statements. Under SF AS No. 142, effective January 1, 2002, we no longer amortize our existing goodwill. We are required to test goodwill for impairment using the two-step process prescribed in SFAS No. 142. The first step is a screen for potential impairment, while the second step measures the amount of the impairment, if any. We perform the first of the required impairment tests of goodwill and indefinite-lived intangible assets annually on October 1. To date, no events or changes in circumstances have occurred that indicated the potential existence of goodwill or indefmite-lived intangible asset impairment and it has not been necessary to write down any of our goodwill or indefinite-lived intangible assets. If, as a result of performing impairment tests, we are required to write down any of our goodwill or indefmite-lived intangible assets, our operatmg results would be negatively impacted and our net worth would be reduced. Our credit agreement contains a covenant requiring us to maintain a minimum net worth. A reduction in net worth, therefore, if substantial, could limit the amount that we can borrow under our credit agreement and any failure to comply with the agreement could result in an event of default under the credit agreement. If we fail to comply with covenants and conditions in our credit facility, we mav be unable to make acquisitions and may be required to repay our debt early, which could harm our financial results. Our credit facility requires us to obtain the consent of the lending banks before acquiring any other business for more than $100 IJl\l1ion in cash and assumed debt. If we are not able to obtain our banks' consent to acquisitions of this size, we may not be able to .. 18 ~omplete them, which could inhibit our growth. Our credit facility also contains fmancial covenants based on our current and '''projected financial condition after completing an acquisition. If we are not able to satisfy these fmancial covenants on a pro forma basis upon completing an acquisition, we would not be able to complete the acquisition without a waiver from our lending banks. Whether or not a waiver is needed, if the results of our future operations differ materially from what we expect, we may no longer be, able to comply with the covenants in the credit facility. Our failure to comply with these covenants may result in a default under the credit facility, which would allow our lending banks to accelerate the date for repayment of debt incurred under the credit facility and could harm our business and financial results. Provisions in our charter and bvlaws mav deter changes in control that could benefit our stockholders. Provisions in our Certificate of Incorporation and By-Laws, and in the Delaware General Corporation Law, may deter tender offers and hostile takeovers and delay or prevent changes in control or management of Waste Connections, including transactions in which stockholders might be paid more than current market prices for their shares. These provisions may also limit our stockholders' ability to approve transactions that they believe are in their best interests. We face uncertainties relating to pending litigation. We and some of our subsidiaries are currently involved in CIvil litigation relating to the conduct of our business. The timing and final resolution of these matters are uncertain. Additionally, the possible outcomes or resolutions of these matters could include judgments against us or settlements, either of which could require substantial payments by us, adversely affecting our operating results. RISKS RELATED TO OUR INDUSTRY Extensive and evolving environmental laws and regulations may restrict our operations and ,growth and increase our costs. ) Environmental laws and regulations have been enforced more and more stringently in recent years because of greater public tnterest in protecting the environment. These laws and regulations impose substantial costs on us and affect our business in many ways, including as described below. In addition, federal, state and local governments may change the rights they grant to, and the restrictions they impose on, solid waste services companies, and those changes could restrict our operations and growth. We may be unable to obtain and maintain licenses or vermits and zoning. environmental and/or other land use approvals that we need to own and overate our landfills. These licenses or permits and approvals are difficult and time-consuming to obtain and renew, and elected officials and citizens' groups frequently oppose them. Failure to obtain and maintain the permits and approvals we need to own or operate landfills (including increasing their capacity) could force us to dispose of collected waste at more distant landfills or at landfills owned by our competitors, thus increasing our disposal costs and reducing our operating margins. ' ExtenSIve regulations that govern the design. operation and closure of landfills may restrict our landfill operations or incr-ease our costs of operating landfills. Regulations that govern landfill operations include the regulations that establish minimum federal requirements adopted by the EPA in October 1991 under Subtitle D of the RCRA. If we fail to comply with these regulations, we could be required to undertake investigatory or remedial activities, curtail operations or close landfills temporarily or permanently. Future changes to these regulations may require us to modify, supplement or replace equipment or facilities at substantial costs. If regulatory agencies fail to enforce these regulations vigorously or consistently, our competitors whose facilities do not comply with the Subtitle D regulations or their state counterparts may obtain an advantage over us. Our financial obligations arising from any failure to comply with these regulations could harm our business and earnings. ) . ) i.: 19 .--1 We ma be sub'ect in the normal course of business to 'udicial and admmistrative roceedin s involvin federal state or loca~~\: agencies or citizens' grOUps. which could interrupt our operations. require expensive remediation and create negative publicity. ~) Governmental agencies may impose fines or penalties on us. They may also attempt to revoke or deny renewal of our operating permits, franchises or licenses for violations or alleged violations of environmental laws or regulations, or require us to remediate potential environmental problems relating to waste that we or our predecessors collected, transported, disposed of or stored. Individuals or community groups might also bring actions against us in connection with our operations. Any adverse outcome in these proceedings could harm our operations and financial results and create adverse publicity, which could damage our competitive position and stock price. Liabilities for environmental damage may adversely affect our business and earnings. We are liable for any enyironmental damage that our solid waste facilities cause, including damage to neighboring landowners or residents, particularly as a result of the contamination of soil, groundwater or surface water, and especially drinking water. We may be liable for damage resulting from conditions existing before we acquired these facilities. We may also be liable for anyon-site environmental contamination caused by pollutants or hazardous substances whose transportation, treatment or disposal we or our predecessors arranged. We have limited insurance coverage to compensate us for damages associated with environmental conditions. If we were to incur liability for environmental damage, environmental cleanups, corrective action or damage not covered by insurance or in excess of the amount of our coverage, our financial condition could be materially and adversely affected. Fluctuations in prices. for recycled commodities that we sell may cause our revenues and operating results to decline. We provide recycling services to some of our customers. The sale prices of and demand for recyclable materials, particularly paper products, are frequently volatile and when they decline our revenues and operating results may decline. Future changes in laws regulating the flow of solid waste in interstate commerce could adversely affect our ot>erating results. -*'~ The U.S. Supreme Court has held that states may not regulate the flow of solid waste in interstate commerce if the effect would b~l) to discriminate between interstate and intrastate commerce. If legislation is enacted that overturns or modifies this decision, and if one ~ or more of the states in which we dispose of interstate waste takes action that would prohibit or increase the costs of our continued disposal of interstate waste, our operating results could be adversely affected. ITEM 2. PROPERTIES As of December 31, 2003, we owned 101 collection operations, 26 transfer stations, 20 municipal solid waste landfills, one construction and demolition landfill and 26 recycling operations and operated, but did not own, an additional seven transfer stations and 14 municipal solid waste landfills. We also own one municipal solid waste landfill site which was permitted for operation, but not constructed as of December 31,2003. We lease various offices and facilities, including our corporate offices in Folsom, California. We own various equipment, including waste collection and transportatiOn vehicles, related support vehicles, carts, containers, and heavy equipment used in landfill operations. We believe that our existing facilities and equipment are generally adequate for our current operations. However, we expect to make additional investments in property and equipment for expansion and replacement of assets and in connection with future acquisitions. Our corporate headquarters is located in Folsom, California, where we lease approximately 31,000 square feet of space. ITEM 3. LEGAL PROCEEDINGS We own undeveloped property in Harper County, Kansas, where we are seeking permits to construct and operate a municipal solid waste landfill. In 2002, we received a special use permit from Harper County for zoning the landfill and in 2003 we received a draft permit from the Kansas Department of Health and Environment to construct and operate the landfill. In July 2003, the District Court of Harper County invalidated the previously issued zoning permit. We have appealed the District Court's decision to invalidate the zoning permit. The Kansas Department of Health and Environment has notified us that it will not issue a final permit to construct and operate the landfill until the zoning matter is resolved. At December 31, 2003, we had $3.9 million of capitalized expenditures related .. 20 I" this landfill development project. Based on the advice of counsel, we believe that we will prevail in this matter and do not believe 'at an impairment of the capitalized expenditures exists. If we do not prevail on appeal, however, we will be required to expense in a future period the $3.9 million of capitalized expenditures, less the recoverable value of the undeveloped property and other amounts. recovered, which would likely have a material adverse effect on our reported income for that period. I We are primarily self-insured for automobile liability, general liability and workers' compensation claims. We are a party to various claims and suits pending for alleged damages to persons and property and alleged liabilities occurring during the normal operations of our solid waste management business. On October 31, 2003, our subsidiary, Waste Connections of Nebraska, Inc. was named as a defendant in the case of Karen Colleran, Conservator of the Estate of Robert Rooney v. Waste Connections of Nebraska, Inc. The plaintiff seeks recovery for damages allegedly suffered by Father Robert Rooney when the bicycle he was riding collided with one of our garbage trucks. The complaint alleges that Father Rooney suffered serious bodily injury, including traumatic brain injury. The plaintiff seeks recovery of past medical expenses of approximately $430,000 and an unspecified amount for future medical expenses and home healthcare, past pain and suffering, future pain and suffering, lost income, loss of earning capacity, and permanent injury and disability. Our primary defense is that the plaintiff is not entitled to any damages under Nebraska law, where the accident occurred, because the negligence of Father Rooney was equal to or greater than any negligence on the part of our driver, and we intend to defend this case vigorously on these and other grounds. This case is in the preliminary stages of discovery, and we have not accrued any potential loss as of December 31, 2003; however, an adverse outcome in this case coupled with a significant award to the plaintiff could have a material adverse effect on our reported income in the period incurred. Additionally, we are a party to various legal proceedings resulting from the ordinary course of business and the extensive governmental regulation of the solid waste industry. Our management does not believe that these proceedings, either individually or in the aggregate, are likely to have a material adverse effect on our business, fmancial condition, operating results or cash flows. ITEM 4. SUBMISSION OF MA TIERS TO A VOTE OF SECURITY HOLDERS There were no matters submitted to a vote of security holders during the fourth quarter of 2003. tXECUTIVE OFFICERS The following table sets forth certain information concerning our executive officers as of March 1,2004: NAME Ronald J. Mittelstaedt (1) Steven F. Bouck Darrell W. Chambliss Robert D. Evans Kenneth O. Rose David G. Eddie Michael R. F oos David M. Hall Eric O. Hansen Jerri L. Hunt Worthing F. Jackman James M. Little AGE 40 47 39 57 55 34 38 46 39 52 39 42 POSITIONS President, Chief Executive Officer and Chairman Executive Vice President and Chief Financial Officer Executive Vice President and Chief Operating Officer Executive Vice President, General Counsel and Secretary Senior Vice President - Administration Vice President - Corporate Controller Vice President - ChiefInformation Officer Vice President - Business Development Vice President - Information Technology Vice President - Human Resources Vice President - Finance and Investor Relations Vice President - Engineering (I) Member of the Executive Committee of the Board of Directors. Ronald J. Mittelstaedt has been President, Chief Executive Officer and a director since Waste Connections was formed, and was elected Chairman in January 1998. Mr. Mittelstaedt has more than 15 years of experience in the solid waste industry. He served as a consultant to United Waste Systems, Inc., with the title of Executive Vice President, from January 1997 to August 1997, where he was responsIble for corporate development for all states west of Colorado. As Regional Vice President of USA Waste Services, Inc. (including Sanifill, Inc., which was acquired by USA Waste Services, Inc.) from November 1993 to January 1997, he was responsible for all operations in 16 states and Canada. Mr. MIttelstaedt held various positions at Browning-Ferris Industries, Inc. ("BFI") from August 1988 to November 1993, most recently as Division Vice President in northern California, overseeing the San Jose market. ~ I t 21 ___J Previously he was the District Manager responsible for BFI's operations in Sacramento and the surrounding areas. He holds a B.~ degree in Finance from the University of California at Santa Barbara. . Steven F. Bouck has been Executive Vice President and Chief Financial Officer since February 1998. Mr. Bouck held various positions with First Analysis Corporation from 1986 to 1998, including most recently as Managing Director coordinating corporate finance. In that capacity, he provided merger and acquisition advisory services to companies in the environmental industry. Mr. Bouck was also responsible for investing venture capital funds focused on the environmental industry that were managed by First Analysis. In connection with those investments, he served on the boards of directors of several companies. Mr. Bouck holds B.S. and M.S. degrees in mechanical engineering from Rensselaer Polytechnic Institute and an M.B.A. in Finance from the Wharton School. He has been a Chartered Financial Analyst since 1990. Darrell W. Chambliss has been Executive Vice President and Chief Operating Officer since October 2003. From October 1, 1997 to that date, he served as Executive Vice President - Operations. Mr. Chambliss held various management positions at USA Waste Services, Inc. (including Sanifill, Inc. and United Waste, Inc., both of which were acquired by USA Waste Services, Inc.) from April 1995 to September 1997, including most recently Division Manager in Coming, California, where he was responsible for the operations of 19 operating companies as well as supervising and integrating acquisitions. From July 1989 to April 1995, he held various management positions with BFI, including serving as Assistant District Manager in San Jose, California, where he was responsible for a significant hauling operation, and serving as District Manager in Tucson, Arizona for more than three years. Mr. Chambliss holds a B.S. degree in Business Administration from the University of Arkansas. Robert D. Evans has been Executive Vice President, General Counsel and Secretary of Waste Connections since June 2002. From 1978 until he joined the company, Mr. Evans was a partner in the San Francisco law firm of Shartsis, Friese & Ginsburg LLP, where he was also a member of the Management Committee. Mr. Evans' practice included representing companies in mergers and acquisitions and corporate fmance transactions. Prior to joining Waste Connections, Mr. Evans had been the Company's primary outside counsel since its formation. Mr. Evans holds a B.A. degree in Economics and a J.D. degree from the University of California at Berkeley. Kenneth O. Rose has been Senior Vice President - Administration since May 2002. He also served as a consultant to Wast~ Connections m March and April 2002. From May 2000 to March 2002, he provided consulting services to WorldOil.Com, Inc. and Gulf Publishing Company. As Vice President - Administration for Coach USA, Inc., from October 1996 to April 2000, Mr. Rose was responsible for all corporate administrative activities in the United States, Canada and Mexico. Mr. Rose has over seven years experience in the solid waste industry obtained primarily with USA Waste Services, Inc. (including Sanifill, Inc., which was acquired by USA Waste Services, Inc.) where he held the position of Corporate Director - Administration from December 1990 to September 1996. From August 1989 to November 1990, Mr. Rose provided consulting and personnel services to BSI, Inc., a solid waste services company in Houston, Texas acquired by Sanifill, Inc. Prior to joining the waste industry, Mr. Rose held various administrative positions in the oil and offshore drilling industries from 1971 to 1989 with Standard Oil Company-Indiana, Gulf Oil Corporation and Chevron Corporation. Mr. Rose holds a B.S. degree in Accounting from the University of Wyoming. David G. Eddie has been Vice President -Corporate Controller since March 2004. From April 2003 to February 2004, Mr. Eddie served as Waste .Connections' Vice President - Public Reporting and Compliance. From May 2001 to March 2003, Mr. Eddie served as Waste Connections' Director of Finance. Mr. Eddie served as Corporate Controller for International Fibercom, Inc. from April 2000 to May 2001. From September 1999 to April 2000, Mr. Eddie served as Waste Connections' Manager of Financial Reporting. From September 1994 to September 1999, Mr. Eddie held various positions, including Audit Manager, for PricewaterhouseCoopers LLP. Mr. Eddie is a Certified Public Accountant and holds a B.S. degree in Accounting from California State University, Sacramento. Michael R. Foos has been Vice President - Chief Information Officer since April 2003. From October 1999 to March 2003, Mr. Foos served as Vice President - Finance and Chief Accounting Officer of Waste Connections. From October 1997 to September 1999, Mr. Foos served as Vice President and Corporate Controller of Waste Connections. Mr. Foos served as Division Controller of USA Waste Services, Inc. (including Sanifill, Inc., which was acquired by USA Waste Services, Inc.) from October 1996 to September 1997, where he was responsible for fmancial compilation and reporting and acquisition due diligence for a seven-state region. Mr. Foos served as Assistant Regional Controller at USA Waste Services, Inc. from August 1995 to September 1996, where he was responsible for internal financial reporting for operations in six states and Canada. Mr. Foos also served as District Controller for G 22 f.aste Management, Inc. from February 1990 to July 1995, and was a member of the audit staff of Deloitte & Touche from 1987 to \11990. Mr. Foos holds a B.S. degree in Accounting from Ferris State University. David M. Hall has been Vice President - Business Development since August I, 1998. Mr. Hall has more than 17 years Of experience in the solid waste industry with extensive operating and marketing experience in the Western U.S. From October, 1995 to July 1998, Mr. Hall was the Divisional Vice President of USA Waste Services, Inc., Rocky Mountain Division (including Sanifill, Inc. which was acquired by USA Waste Services, Inc.). In that position, he oversaw all operations and business development in six Rocky Mountain states. Prior to his employment with Sanifill, Mr. Hall held various management positions with BFI from October 1986 to October 1995, including Vice President of Sales for the Western United States. Mr. Hall was employed from 1979 to 1986 in a variety of sales and marketing management positions in the high technology sector. Mr. Hall received a B.S. degree in Management and Marketing from Southwest Missouri State University. Eric O. Hansen has been Vice President - Information Technology since January 2001. From April 1998 to December 2000, Mr. Hansen served as Waste Connections' Director of Management Information Systems. Mr. Hansen served as Information 'Systems Manager with Fibres International from October 1997 to April 1998. Mr. Hansen held various positions including NT Administrator for the Multnomah Athletic Club in Portland, Oregon from August 1989 to October 1997. Mr. Hansen holds a B.S degree from Portland State University. Jerri L. Hunt has been Vice President - Human Resources since December 1999. Ms. Hunt also served as Vice President - Human Resources and Risk Management from December 1999 to May 2002. From 1994 to 1999, Ms. Hunt held various positions with First Union National Bank (including the Money Store, which was acquired by First Union National Bank), most recently Vice President of Human Resources in which she managed all aspects of human resources for over 5,000 employees located throughout the United States. From 1989 to 1994, Ms. Hunt served as Manager of Human Resources and Risk Management for BFI, where she was responsible for all aspects of human resources and safety and environmental compliance matters. Ms. Hunt also served as a Human Resources Supervisor for United Parcel Service from 1976 to 1989. She holds a B.S. degree from California State University, Sacramento and a master's degree in Human Resources from Golden Gate University. ,. Worthing F. Jackman has been Vice President - Finance and Investor Relations since April 2003. Mr. Jackman held various 'fnvestment banking positions with Alex. Brown & Sons, now Deutsche Bank Securities, Inc., from 1991 through 2003, including most recently as a Managing Director within the Global Industrial & Environmental Services Group. In that capacity, he provided capital markets and strategic advisory services to companies in a variety of sectors, including solid waste services. Mr. Jackman holds a B.S. in Finance from Syracuse University and an M.B.A. from the Harvard Business School. James M. Little has been Vice President - Engineering since September 1999. Mr. Little held various management positions with Waste Management, Inc. (formerly USA Waste Services, Inc., which was acquired by Waste Management, Inc. and Chambers Development Co. Inc., which was acquired by USA Waste Services, Inc.) from April 1990 to September 1999, including Regional Environmental Manager and Regional Landfill Manager, and most recently Division Manager in Ohio, where he was responsible for the operations of ten operating companies in the Northern Ohio area. Mr. Little is a certified professional geologist and holds 'a B.S. degree in Geology from Slippery Rock University. It 23 ---~ PART II ~ ITEM 5. MARKET FOR REGISTRANT'S COMMON EQUITY AND RELATED STOCKHOLDER MATTERS Our common stock trades on the New York Stock Exchange under the symbol "WCN". The following table sets forth, for the periods indicated, the high and low prices per share of our common stock, as reported on The Nasdaq Stock Market@ - National Market for the periods indicated through October 23,2002, and as reported on the New York Stock Exchange beginning October 24, 2002. HIGH LOW 2002 First Quarter $ 34.26 $ 23.49 Second Quarter 37.68 30.60 Third Quarter 36.24 25.60 Fourth Quarter 39.56 29.73 2003 First Quarter $ 39.98 $ 30.75 Second Quarter 37.20 31. 78 Third Quarter 36.90 31.57 Fourth Quarter 38.08 31.90 2004 First Quarter (through March 1, 2004) $ 40.75 $ 36.41 On March 1,2004, there were 79 record holders of Waste Connections' common stock. f We have never paid cash dividends on our common stock and do not currently anticipate paying any cash dividends on ow common stock. We intend to retain all earnings to fund the operation and expansion of our business. In addition, our existing credit facility limits the amount of cash dividends we can pay. The following is a summary of all of our equity compensation plans, including plans that were assumed through acquisitions and individual arrangements that provide for the issuance of equity securities as compensation, as of December 31, 2003. See Note 10 to the consolidated financial statements for additional discussion. Plan Category (a) Number of securities to be issued upon exercise of outstanding options, warrants and rights (b) Weighted-average exercise price of outstanding options, warrants and rights (c) Number of securities remaining available for future issuance under equity compensation plans (excluding securities reflected in column (a)) Equity compensation plans approved by security holders Equity compensation plans not approved by security holders 2,222,089 $27.20 1,949,006 1.492.256 3.441.262 1.568.972 $28.95 $27.92 Total 3.791.061 ~ 24 I fTEM 6. SELECTED FINANCIAL DATA ! This table sets forth selected financial data of Waste Connections, in thousands, except share and per share amounts, for the , periods indicated. This data should be read in conjunction with and is qualified by reference to "Management's Discussion 'and, Analysis of Financial Condition and Results of Operations" included in Item 7 in this Annual Report on Form IO-K and our audited consolidated financial statements, including the notes thereto and the independent auditors' report thereon and the other financial information included in Item 8 in this Form 1O-K. The selected data in this section are not intended to replace the consolidated financial statements included in this Report. YEARS ENDED DECEMBER 31, 1999 (a) 2000 (b) 2001 (c) 2002 (c) 2003 {c) STATEMENT OF OPERA nONS DATA: Revenues $ 184,225 $ 304,355 $ 377,533 $ 498,661 $ 563,509 Operating expenses: Cost of operations 112,838 174,724 211,064 282,187 316,841 Selling, general and administrative 16,019 25,579 32,007 47,366 54,367 Depreciation and amortization 14,769 27,195 36,138 38,977 47,347 Loss on disposal of operations 833 4,879 Acquisition-related expenses 9,003 1'50 Income from operations 31,596 75,874 93,445 130,131 144,954 Interest expense (11 ,379) (28,491 ) (29,571) (31,372) (31,666) Other income (expense), net (66) 116 (6,196) (813) (192) Income before income tax provision and minonty interests 20,151 47,499 57,678 97,946 113,096 Minority interests (7,338) (9,367) (10,549) Income before Income tax prOVIsion 20,151 47,499 50,340 88,579 102,547 :, Income tax provision (10,924) (19,310) (19,812) (33,113) (37,233) Income before effect of accounting change 9,227 28,189 30,528 55,466 65,314 Cumulative effect of change in accounting principle, net of tax expense of$166 282 Net income $ 9,227 $ 28,189 $ 30,528 $ 55,466 $ 65,596 Basic earnings per common share: Income before cumulative effect of change in accounting principle $ 0.49 $ 1.21 $ 1.13 $ 2.00 $ 2.31 Cumulative effect of change in accounting principle .01 Net income per common share $ 0.49 $ 1.21 $ 1.13 $ 2.00 $ 2.32 Diluted earnings per common share: Income before cumulative effect of change in accounting pnnciple $ 0.46 $ 1.17 $ 1.10 $ 1.90 $ 2.17 Cumulative effect of change in accounting principle .01 Net income per common share $ 0.46 $ 1.17 $ 1.10 $ 1.90 $ 2.18 Shares used in calculating basic income per share 18,655,801 23,301,358 27,069,685 27,750,642 28,327,296 Shares used in calculating diluted income per share 19,929,539 23,994,994 27,675,639 32,325,624 32,871,652 It 25 h_ --.J DECEMBER 31, ~ 1999 (a) 2000 (b) 2001 (c) 2002 (c) 2003 (c) BALANCE SHEET DATA: Cash and equivalents $ 2,393 $ 2,461 $ 7,279 $ 4,067 $ 5,276 Working capital (deficit) (10,149) (10,398) (4,825) (23,048) (15,060) Property and equipment, net 335,260 384,237 465,806 578,040 613,225 Total assets 617,958 810,104 979,353 1,261,882 1,395,952 Long-term debt 275,145 334,194 416,171 578,481 601,891 Total stockholders' equity 218,521 334,208 379,805 451,712 537,494 (a) Acquisition-related expenses in 1999 related to the expenses resulting from 13 acquisitions that were accounted for using the pooling-of-interests method. (b) Loss on disposal of operations in 2000 related to a pre-tax loss recognized on the sale of our Idaho operations. Acquisition- related expenses in 2000 related to expenses, for commissions, professional fees, and other direct costs resulting from the one acquisition that was accounted for using the pooling-of-interests method. (c) For more information regarding this fmancial data, see the Management's Discussion and Analysis of Financial Condition and Results of Operations section included in this report. For disclosures associated with the impact of the adoption of new accounting pronouncements and the comparability of this information, see Note 1 of the consolidated financial statements. 4 4 26 'TEM 7. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS The following discussion should be read in conjunction with the "Selected Financial and Operating Data," our Consolidated Financial Statements and the notes thereto included elsewhere herein. Industry Overview The solid waste industry is a very local and competitive business, requmng substantial labor and capital resources. The participants compete for collection accounts primarily on the basis of price and the quality of service and compete for landfill business on the basis of tipping fees, geographic location and quality of operations. The solid waste industry has been consolidating and continues to consolidate as a result of a number of factors, including the increasing costs and complexity associated with waste management operations and regulatory compliance. Many small independent operators and municipalities lack the capital resources, management, operating skills and technical expertise necessary to operate effectively in such an environment. The consolidation trend has caused solid waste companies to operate larger landfills that have complementary collection routes that can use company-owned disposal capacity. Controlling the point of transfer from haulers to landfills has become increasingly important as landfills continue to close and disposal capacity moves further from collection markets. Generally, the most profitable industry operators are those companies that are vertically integrated or enter into long-term collection contracts. A vertically integrated operator will benefit from (1) the internalization of waste (bringing waste to a company- owned landfill); (2) the ability to charge third-party haulers tipping fees either at landfills or at transfer statIOns; and (3) the efficiencies gained by being able to aggregate and process waste at a transfer station prior to landfilling. The solid waste industry is experiencing continuing consolidation as companies seek to take advantage of economies of scale by increasing route densities and market share in hauling operations, and by reducing disposal expenses by owning landfill operations. Waste Connections, Inc. is an integrated solid waste services company that provides solid waste collection, transfer, disposal and recycling services in mostly secondary markets in the Western and Southern U.S. To meet the competitive and regulatory pressures tithin the solid waste services industry, we have developed a two-pronged strategy. In markets where we beheve that owning andfills is a strategic element to a collection operation because of competitive and regulatory factors, we generally focus on providing integrated services, from collection through disposal of solid waste in landfills that we own or operate. In markets where waste collection services are provided under exclusive arrangements, or where waste disposal is municipally funded or available at multiple municipal sources, we believe that controlling the waste stream by providing collection services under exclusive arrangements is often more important to our growth and profitability than owning or operating landfills. Executive Overview In 2003, we continued to execute our strategy of growth through acquisitions with tightly defined parameters for acquisition candidates. Despite a number of challenges, including a poor economy, negative internal volume growth in the first three quarters, and weather in certain markets that impacted operations, we maintained relatively consistent operating margins for the full year. Our 13.0% revenue growth year-over-year was the result of acquisitions completed during 2003, as well as the rollover effect from acquiSItions closed in 2002 and pnce increases implemented in our base business. The majority of acquisitions in 2003 occurred in the second half of the year, which resulted in approximately $20 million of revenue growth in 2003 from acquisitions closed in 2003. We estImate that these acquisitions should contribute approximately $45 million of rollover revenue growth in 2004. In general, acquired companies initially have lower operating margins than our consolidated average. As such they tend to increase net income and earnings per share but initially reduce operating margins. Internal volume growth was negative in the first three quarters of 2003 primarily as a result of lower revenues from one-time, event-based projects relative to 2002. Volume growth turned positive in the fourth quarter and is expected to be positive for full year 2004. In addition to the negative internal volume growth, some of our operations were adversely affected by weather in 2003, which affected our ability to bring certain projects on-line, further impacting volume growth and internalIzation efforts. Pricing is budgeted to be marginally stronger for the full year 2004 than experienced in 2003. t 27 ~ Throughout 2003, we contmued to increase internahzation of waste we collected by disposing it at landfills we owned or operated6 We increased our internalization rate from 63% in the first quarter to over 69% in the fourth quarter. Higher levels of internalizatiorfll~ tend to drive higher gross margins, higher levels of depletion expense and higher capital expenditures. We expect our internalization rate to remain fairly constant at 70% in 2004, absent the influence of additional acquisitions completed in 2004. We invested $70 million in capital expenditures in 2003 to upgrade and expand facilities, build more landfill capacity, automate routes in certain markets, and reduce the overall average life of our fleet. Despite the increased levels of capital expenditures, cash flow from operations exceeded capital expenditures and represented an increased portion of the consideration we paid for acquisitions. We expect this trend to continue in 2004. We also expanded management infrastructure to help ensure commitments made by employees in 2004 budgets are implemented and to help improve under-performing locations. Management infrastructure was also expanded in support of various regulatory and accounting oversight measures, in particular, the implementation of requirements under the Sarbanes-Oxley Act. Some of these additions occurred late in 2003, which, combined with higher expected incentive compensation in 2004, will result in higher overall SG&A expenses in 2004, though SG&A as a percentage of revenue should remain about the same as in 2003. In addition, with safety incentives and management infrastructure put in place in 2002 and at the beginning of 2003, we increased our focus on employee health and safety programs to reduce the frequency of incidents and contain risk management costs, which we effectively self-insure. Two high-rate interest rate swaps expired in early December 2003, and we executed two lower-rate interest rate swaps that began February 2004. The expiration of our high-rate interest rate swaps should result in reduced interest expense in 2004, absent a significant increase in overall interest rates this year or an acceleration of our acquisition program. In addition, we refinanced our senior credit facility that was due in May 2005 and was scheduled to become current debt in May 2004. This refmancing also provided us with additional capacity to fund our growth strategy and the flexibility to call our $150 million of 5.5% Convertible Subordinated Notes due April 2006, which are first callable beginning April 2004. These notes are convertible into approximately 3.944 million shares of common stock at a conversion price of $38.03 and have an initial early call premium of 102.2%. These shares are included in our fully diluted share count used to calculate reported diluted earnings per share numbers. Our lenders have pre- approved our ability to call the notes early. On March 3, 2004, we announced that on April 15, 2004, we intend to redeem the notes in full. If the holders elect to redeem their notes for cash, our diluted share count would decrease, which would increase our diluted ~', earnmgs per share. If the holders elect to convert the notes into common stock, our cash interest expense will decline bA approximately $8.3 million. Conversion would further strengthen our balance sheet and have no significant earnings impact as th~ conversion shares are already included m our diluted earnings per share calculation. Critical Accounting Estimates and Assumptions The preparation of financial statements in conformity with generally accepted accounting principles requires estimates and assumptions that affect the reported amounts of assets and liabilities, revenues and expenses, and related disclosures of contingent assets and liabilities in the consolidated financial statements. As described by the Securities and Exchange Commission, critical accounting estimates and assumptions are those that may be material due to the levels of subjectivity and judgment necessary to account for highly uncertain matters or the susceptibility of such matters to change, and that have a material impact on the fmancial condition or operating performance of the company. Based on this definition, we believe the following are our critical accounting estimates. Self-insurance liabilities. During 2002, we increased our scope of high-deductible insurance, adding automobile liability, general liability and workers' compensation claims. Previously, our high-deductible insurance program covered only automobile collision and employ.ee group health claims. Our insurance accruals are based on claims filed and estimates of claims incurred but not reported and are developed by our management with assistance from our third-party actuary and our third-party claims administrator. The insurance accruals are influenced by our past claims experience factors, which have a limited history, and by published industry development factors. If we experience insurance claims or costs above or below our historically evaluated levels, our estimates could be materially affected. The frequency.: and amount of claims or incidents could vary significantly over time, which could materially affect our self-insurance liabilities. Additionally, the actual costs to settle the self-insurance liabilities could materially differ from the original estimates and cause us to revise our estimates of future costs. Accounting for landfills. Our adoption of SF AS No. 143 on January 1,2003 resulted in a significant change to our accounting policies fpr landfill closure and post-closure obligations. For additional information and analyses of the impact that adopting SFAS No. 143 t: 28 i.ad on our balance sheet and our results of operations for the year ended December 31, 2003, see Note 1 to our Consolidated Financial 'tatements included in this Form lO-K. We recognize landfill depletion expense as airspace of the landfill is consumed. Our landfill depletion rates are based on the remaining disposal capacity at our landfills, considering both permitted and deemed permitted airspace. Landfill closure and post- ' closure liabilities are calculated by estimating the total obligation in current dollars, inflating the obligation based upon the expected date of the expenditure and discounting the inflated total to its present value using a credit-adjusted risk-free rate. The resulting closure and post-closure obligation is recorded on the balance sheet as the landfill's total airspace is consumed. The accounting methods discussed below require us to make certain estimates and assumptions. Changes to these estimates and assumptions could have a material effect on our financial position and results of operations. Any changes to our estimates are applied prospectively. Landfill development costs. Landfill development costs mclude the costs of acquisitIOn, construction associated with excavation, liners, site berms, groundwater monitoring wells and leachate collection systems. We estimate the total costs associated with, developing each landfill site to its final capacity. Total landfill costs include the development costs associated with "deemed" permitted airspace. Deemed permItted airspace is descnbed below. Landfill development costs depend on future events and thus actual costs could vary significantly from our estimates. Material differences between estimated and actual development costs may affect our cash flows by increasing our capital expenditures and thus affect our results of operations by increasmg our landfill depletion expense. t Closure and post-closure obligations. We reserve for estimated closure and post-closure maintenance obligations at the landfills we own and certain landfills that we operate, but do not own, under life-of-site operating contracts. Final capping costs are included in the calculation of closure and post-closure liabilities. We could have additional material financial obligations relating to closure and post-closure costs at other disposal facilities that we currently own or operate or that we may own or operate in the future. In 2003, we calculated the net present value of our closure and post closure commitments assuming a 3.0% mflation rate and an 8.5% discount rate. Effective January 1,2004, the inflation rate and discount rate that we will apply to changes in our estimated closure and post-closure commitments are 2.5% and 7.5%, respectively. The resulting closure and post-closure obligation is recorded on the balance sheet as an addition to site costs and amortized as depletIon expense as the landfill's total airspace IS consumed. Significant reductions in our estimates of the remaining lives of our landfills, or significant mcreases in our estimates of the landfill closure and post-closure maintenance costs could have a material adverse effect on our financial condition and results of operations. Additionally, changes in regulatory or legislatIve requirements could increase our costs related to our landfills and result in a material adverse effect on our financial condition and results of operations. Disposal capacity. Our internal and third-party engineers perform surveys at least annually to estimate the remaining disposal capacity at our landfills. Our landfill depletion rates are based on the remaining disposal capacity, considering both permitted and deemed permitted airspace, at the landfills that we own and at the landfills that we operate, but do not own, under life-of-site operating contracts. Deemed permitted airspace consists of additional disposal capacity being pursued through mellns of an expansion. Deemed permitted airspace that meets certain internal cnteria is included in our estimate of total landfill airspace. The internal critena we use to determine when deemed permitted airspace may be included as disposal capacIty are as follows: (1) The land where the expansion is being sought is contIguous to the current disposal site, and we either own it or the property is under option, purchase, operating or other agreement; (2) Total development costs, final capping costs, and closure/post-closure costs have been determined; (3) Internal personnel have performed a financial analysis of the proposed expansion site and have determined that it has a positive financial and operational Impact; (4) Internal or external personnel are actively working to obtain the necessary approvals to obtain the landfill expansion permit; (5) We consider it probable that we will achieve the expansion. For a pursued expansion to be considered probable, there must be no significant known technical, legal, community, business, or political restnctions or similar issues existing that -could impair the success of the expansion; and (6) The land where the expansion is bemg sought has the proper zoning or proper zoning can readily be obtained. :t 29 We may be unsuccessful in obtaining permits for deemed permitted disposal capacity at our landfills. In such case, we will chargd the previously capitahzed development costs to expense. This will adversely affect our operating results and cash flows and coul~ result in greater landfill depletion expense being recognized on a prospective basis. We periodically evaluate our landfill sites for potential impairment indicators. Our judgments regarding the existence of impairment indicators are based on regulatory factors, market conditions and operational performance of our landfills. Future events could cause us to conclude that impairment indicators exist and that our landfill carrying costs are impaired. Any resulting impairment loss could have a material adverse effect on our financial condition and results of operations. Impairment of intane:ible assets. We periodically evaluate acquired assets for potential impairment indicators. Our judgments regarding the existence of impairment indicators are based on regulatory factors, market conditions, anticipated cash flows and operational performance of our acquired assets. Future events could cause us to conclude that impairment indicators exist and that goodwill or other intangibles associated with our acquired businesses are impaired. Any resulting impairment loss could reduce our net worth and have a material adverse effect on our fmancial condition and results of operations. Additionally, our credit agreement contains a covenant requiring us to maintain a minimum net worth. A reduction in net worth, if substantial, could limit the amount that we can borrow under our credit agreement and any failure to comply with the agreement could result in an event of default under the credit agreement. As of December 31, 2003, goodwill and intangible assets represented 46.9% of our total assets. Allocation of acquisition ourchase orice. We allocate acquisition purchase prices to identified intangible assets and tangible assets acquired and liabilities assumed based on their estimated fair values at the dates of acquisition, with any residual amounts allocated to goodwill. We deem the total remaining permitted and deemed permitted airspace of an acquired landfill to be a tangible asset. Therefore, for acquired landfills, we initially allocate the purchase price to identified intangible and tangible assets acquired, excluding landfill airspace, and liabilities assumed based on their estimated fair values at the date of acquisition. Any residual amount is allocated to landfill airspace. We often consummate single acquisitions that include a combination of collection operations and landfills. For each separate14 identified collection operation and landfill acquired in a single acquisition, we perform an initial allocation of total purchase price t~ the identified collection operations and landfills based on their relative fair values. Following this initial allocation of total purchase price to the identified collection operations and landfills, we further allocate the identified intangible assets and tangible assets acquired and liabilities assumed for each collection operation and landfill based on their estimated fair values at the dates of acquisition, with any residual amounts allocated to either goodwill or landfill site costs, as discussed above. General Our revenues consist mainly of fees we charge customers for solid waste collection, transfer, disposal and recycling services. Our collection business also generates revenues from the sale of recyclable commodities, which have significant variability. A large part of our collection revenues comes from providing commercial, industrial and residential services. We frequently perform these services under service agreements, municipal contracts or franchise agreements with governmental entities. Our existing franchise agreements and all of our existing municipal contracts give us the exclusive right to provide specified waste services in the specified territory during the contract term. These exclusive arrangements are awarded, at least initially, on a competitive bid basis and subsequently on a bid or negotiated basis. We also provide residential collection services on a subscription basis with individual households. More than 50% of our revenues for the year ended December 31, 2003 were derived from market areas where services are provided predominantly under exclusive franchise agreements, long-term municipal contracts and governmental certificates. Governmenta certificates grant us perpetual and exclUSiVe collection rights in the covered areas. Contracts with counties and municipalities anc governmental certificates provide relatively consistent cash flow during the terms of the contracts. Because we bill most residentia customers quarterly, subscription agreements also provide a stable source of revenues for us. ~ 30 ~ _ The table below shows for the periods indicated the percentage of our total reported revenues attributable to services provided, \Plor to intercompany eliminations. Collection Disposal and transfer Recycling Other 2001 67.9 % 28.3 3.4 0.4 100.0 % Year Ended December 31, 2002 2003 65.9 % 65.6 % 30.6 30.7 3.3 3.4 0.2 0.3 100.0 % 100.0 % We charge transfer station and landfill customers a tipping fee on a per ton and/or per yard basis for disposing of their solid waste at the transfer stations and landfill facilities. Many of our transfer and landfill customers have entered into one to ten year disposal contracts with us, most of which provide for annual indexed price increases. We derive a substantial portion of our revenues from services provided under exclusive municipal contracts and franchise agreements. No single contract or customer accounted for more than 5% of our revenues for the years ended December 31, 2001, 2002 and 2003. We typically determine the prices of our solid waste services by the collection frequency and level of service, route density, volume, weight and type of waste collected, type of equipment and containers furnished, the distance to the disposal or processing facility, the cost of disposal or processing, and prices charged by competitors for similar services. The terms of our contracts sometimes limit our ability to pass on price increases. Long-term solid waste collection contracts often contain a formula, generally based on a published price index, that automatically adjusts fees to cover increases in some, but not all, operating costs, or that limit increases to less than 100% of the increase in the applicable price index. ~ Cost of operations include labor and benefits, tipping fees paid to third-party disposal facilities, equipment maintenance, workers' .ompensation, vehicle insurance, claims expense, third-party transportation expense, fuel, the cost of materials we purchase for recycling, district and state taxes and host community fees and royalties. Our single largest cost is labor, followed by third-party disposal, cost of vehicle maintenance, taxes and fees and fuel. We use a number of programs to reduce overall cost of operations, including increasing the use of automated routes to reduce labor and workman's compensation exposure, comprehensive maintenance and health and safety programs, and increasing the use of transfer stations to further enhance internalization rates. During 2002, we increased our scope of high-deductible insurance, adding automobile liability, general liability and workers' compensation claims. Previously, our high-deductible insurance program covered only automobile collision and employee group health claims. If we experience insurance claims or costs above or below our historically evaluated levels, our estimates could be materially affected. Selling, general and administrative (nSG&An) expenses include management, sales force, clerical and administrative employee compensation and benefits, legal, accounting and other professional services, bad debt expense, and rent expense for our corporate headquarters. Depreciation expense includes depreciation of fixed assets over their estimated useful lives using the straight-line method. Depletion expense includes depletion of landfill site costs and total future development costs as remaining airspace of the landfill is consumed. Remaining airspace at our landfills includes both permitted and deemed permitted airspace. Amortization expense includes the amortization of defmite-1ived intangible assets, consisting primarily of long-term franchise agreements and contracts and non-competition agreements, over their estimated useful lives using the straight-line method. Goodwill and indefmite-lived intangible assets, consisting primarily of certain perpetual rights to provide solid waste collection and transportation services in specified territories, are not amortized. We capitalize some third-party expenditures related to pending acquisitions or development projects, such as legal, engineering and interest expenses. We expense indirect acquisition costs, such as executive and corporate overhead, public relations and other corporate services, as we incur them. We charge against net income any unamortized capitalized expenditures and advances (net of any portion that we believe we may recover, through sale or otherwise) that may become impaired, such as those that relate to any /t 31 _.J operation that is permanently shut down and any pending acquisition or landfill development project that we believe will not ~ ' completed. We routinely evaluate all capi.ta~ize~ costs~ a~d expense ~ose relate~ to projects ~at we ~e~i~ve are not likely to succee ~; At December 31, 2003, we had $0.3 mIlhon In capitahzed expenditures relating to pending acqmsitlons. We own undevelope ' property, in Harper County, Kansas where we are seeking permits to construct and operate a municipal solid waste landfill. In 2002, we received a special use permit from Harper County for zoning the landfill and in 2003 we received a draft permit from the Kansas Department of Health and Environment to construct and operate the landfill. In July 2003, the District Court of Harper County invalidated the previously issued zoning permit. We have appealed the District Court's decision to invalidate the zoning permit. The Kansas Department of Health and Environment has notified us that it will not issue a final permit to construct and operate the landfill until the zoning matter is resolved. At December 31, 2003, we had $3.9 million of capitalized expenditures related to this landfill development project. Based on the advice of counsel, we believe that we will prevail in this matter and do not believe that an impairment of the capitalized expenditures exists. If we do not prevail on appeal, however, we will be required to expense in a future period the $3.9 million of capitalized expenditures, less the recoverable value of the undeveloped property and other amounts recovered, which would likely have a material adverse effect on our reported income for that period. We continually evaluate the value and future benefits of our intangible assets, including goodwill. We assess the recoverability from future operations using cash flows and income from operations of the related acquired businesses as measures. Under this approach, the carrying value is reduced if it becomes probable that our best estimate for expected future cash flows of the related business would be less than the carrying amount of the intangible assets. As of December 31,2003, there have been no adjustments to the carrying amounts of intangibles, including goodwill, resulting from these evaluations. As of December 31, 2003, goodwill and other'intangible assets represented 46.9% of total assets and 121.8% of stockholders' equity. Results of Operations The following table sets forth items in our consolidated statement of operations in thousands and as a percentage of revenues for the periods indicated: Year Ended December 31, Asa% Asa% Asa% t.. of 200 1 of2002 of 2003 2001 Revenues 2002 Revenues 2003 Revenues Revenues $ 377,533 100.0 % $ 498,661 100.0 % $ 563,509 100.0% Cost of operations 211,064 56.0 282,187 56.6 316,841 56.3 Selling, general and administrative 32,007 8.5 47,366 9.5 54,367 9.6 Depreciation and amortization 36,138 9.5 38,977 7.8 47,347 8.4 Loss on disposal of operations 4,879 1.3 Income from operations 93,445 24.7 130,131 26.1 144,954 25.7 Interest expense, net (29,571 ) (7.8 ) (31,372 ) (6.3 ) (31,666 ) (5.6) Other income (expense), net (6,196 ) (1.6 ) (813 ) (0.2 ) (192 ) (0.1) Minority interests (7,338 ) (1.9 ) (9,367 ) (1.9 ) (10,549 ) (1.9) Income tax provision (19,812 ) (5.3 ) (33,113 ) (6.6 ) (37,233 ) (6.6) Cumulative effect of change in accounting principle, net of tax 282 0.1 Net income $ 30,528 8.1 % $ 55,466 11.1 % $ 65,596 11.6% Years Ended December 31, 2003 and 2002 Revenues. Total revenues for the year ended December 31,2003 increased $64.8 million, or 13.0%, to $563.5 million from $498.7 million for the year ended December 31, 2002. Revenues in the year ended December 31, 2003 from acquisitions closed in 2003 as well as the inclusion in 2003 of 12 months of revenues from businesses acquired in 2002 totaled approximately $60.4 million, or 93.2% of the increase. Of the remaining increase in revenues, $10.1 million was attributable to selected price increases and $1.0 .r; .' 32 'illion was due to improved recyclable commodity prices offset by a decline in volumes in our existing business of $6.7 million The olume reductions were primarily the result of the inclusion of one-time projects in 2002 that were not repeated in 2003 and decreased " volume at our transfer station in Wichita, Kansas. Revenue resulting from one-time projects varies from year to year and.generally is , influenced by clean-ups from weather and other natural phenomena and the volume of construction activity in our markets. The decreased volume at our transfer station in Wichita, Kansas was a permanent reduction in -revenues resulting from a loss of volumes from a competitor who had temporarily used our transfer station in the prior year. Cost of Operations. Total cost of operations increased $34.6 million, or 12.3%, to $316.8 million for the year ended December 31, 2003 from $282.2 million for the year ended December 31, 2002. The increase was almost entirely attributable to acquisitions closed in 2003 and the inclusion in 2003 of 12 months of operating costs from businesses acquired in 2002. Exclusive of the impact of acquisitions, total cost of operations increased $0.5 million due to increases in vehicle maintenance and insurance, offset by lower disposal expense driven by higher levels of internalization and lower labor costs. The decline in labor costs in the base business was primarily attributable to the incurrence in 2002 of $1.4 million of non-recurring costs resulting from an employee labor strike at our facilities in Pierce County, Washington. Total cost of operations as a percentage of revenues for the year ended December 31, 2003 decreased 0.3 percentage points to 56.3% from 56.6% for the year ended December 31, 2002. The decrease as a percentage of revenues was primarily attributable to the incurrence in 2002 of $1.4 million of non-recurring costs resulting from an employee labor strike at our facilities in Pierce County, Washington and greater integration in 2003 of collection volumes into landfills we own or operate, partially offset by increased insurance costs. SG&A. Total SG&A increased $7.0 million, or 14.8%, to $54.4 million for the year ended December 31,2003 from $47.4 million for the year ended December 31, 2002. The increase was primarily attributable to additional personnel from acquisitions closed in 2003 and the inclusion in 2003 of 12 months of SG&A costs from businesses acquired in 2002. Exclusive of the impact of acquisitions, SG&A expenses were almost unchanged. During 2002, SG&A expenses included $1.3 million of nonrecurring employment-related expenses associated with the termination of our search for a chief operating officer and the hiring of two new corporate officers, $0.3 million of nonrecurring costs associated with the listing of our common stock on the New York Stock raxchange and $0.4 million of expense associated with the relocation of our corporate office. Excluding these nonrecurring items, .G&A expenses increased due to the inclusion in 2003 of costs from additional corporate, regional and district level personnel, increased legal and accounting expenses related to the new corporate governance requirements, and higher director and officer liability insurance costs. In 2004, we expect our SG&A expenses to continue to increase as a result of the full year impact of acquisitions closed in 2003 and our expanded management infrastructure, the issuance to employees of $2.2 million of restricted stock in 2004 that will be amortized to expense over its three-year vesting term, and an expected increase in full year incentive compensation expense. SG&A as a percentage of revenues for the year ended December 31,2003 increased 0.1 percentage point to 9.6% from 9.5% for the year ended December 31, 2002. The increase in SG&A as a percentage of revenues resulted from the addition of corporate, regional and district level personnel, increased legal and accounting expenses related to the new corporate governance requirements and higher director and officer liability insurance costs, partially offset by the incurrence in 2002 of $1.3 million of nonrecurring employment-related expenses associated with the termination of our search for a chief operating officer and the hiring of two new corporate officers, costs associated with listing our common stock on the New York Stock Exchange and our corporate office relocation. SG&A expenses in 2004 are expected to be flat as a percentage of revenues. Depreciation and Amortization. Depreciation and amortization expenses for the year ended December 31, 2003 increased $8.3 million, or 21.5%, to $47.3 million from $39.0 million for the year ended December 31, 2002. The increase resulted primarily from increased depreciation expense associated primarily with acquisitions closed in 2003, the inclusion in 2003 of 12 months of depreciation from businesses acquired in 2002, additional intangible amortization resulting from acquisitions and increased depreciation in our base business. The increased depreciation in our base business is primarily the result of capital expenditures running at levels significantly higher than depreciatIOn. DepreciatIon and amortization as a percentage of revenues for the year ended December 31,2003 increased 0.6 percentage points to 8.4% from 7.8% for the year ended December 31,2002. The increase in depreciation and amortization as a percentage of revenues resulted from the significant capital expenditures in 2003 as well as an increase in contract amortization associated with <:ontracts acquired in 2003. 't 33 --~ Operating: Income. Operating income for the year ended December 31, 2003 increased $14.9 million, or 11.4%, to $145.0 milliot) from $130.1 million for the year ended December 31, 2002. The increase was primarily attributable to the growth in revenues, partially offset by higher operating costs, depreciation, amortization and SG&A expenses. Operating income as a percentage of revenues for the year ended December 31, 2003 decreased 0.4 percentage points to 25.7% from 26.1 % for the year ended December 31, 2002. The decrease in operating income as a percentage of revenues was pnmarily attributable to an increase In depreciation and amortization offset partially by lower cost of operations. Interest Expense. Interest expense for the year ended December 31,2003 increased $0.3 million, or 0.9%, to $31.7 million from $31.4 million for the year ended December 31, 2002. The increase was primarily attributable to higher debt levels incurred to fund our acquisitions, partially offset by. a lower average borrowing cost. Additionally, the expiration of our two high-rate interest rate swap agreements in December 2003 resulted in savings in the month of December of approximately $0.5 million. At December 31, 2003, we had $265.1 million of net floating rate balances, including floating rate debt under our credit facility, our Floating Rate Convertible Subordinated Notes due 2022, various floating rate notes payable to third parties and floating rate municipal bond obligations, offset by our debt effectively fixed under interest rate swap agreements scheduled to commence in February 2004. Should interest rates rise, our interest costs on these borrowings would increase. A one percent increase in interest rates would result in a $2.7 million increase in interest expense. Other Expense. Other expense decreased to $0.2 million for the year ended December 31, 2003 from $0.8 million for the year ended December 31, 2002. The primary component of other expense for the year ended December 31, 2003 was net losses on the disposal of certain assets. Minority Interests. Minority interests increased $1.1 million, or 12.6%, to $10.5 million for the year ended December 31,2003, from $9.4 million for the year ended December 31, 2002. The increase was attributable to increased earnings by our majority-owned subsidiaries. Provision for Income Taxes. Income taxes increased $4.1 million, or 12.4%, to $37.2 million for the year ended December 316 2003, from $33.1 million for the year ended December 31, 2002. This increase was due to increased pre-tax earnings, partially offsell by a 0.7 percentage point reduction in our effective tax rate due to the reversal of state tax liabilities associated with contingencies that expired in 2003 as well as an overall decline in our effective state tax rate due to changes in the apportionment of our earnings. The effective income tax rate for the year ended December 31, 2003 was 36.3%, which is above the federal statutory rate of 35-.0% primarily due to state and local taxes, partially offset by a reduction in our effective tax rate due to the reversal of tax liabilities associated with contingencies that were resolved in 2003. We analyze our tax reserves periodically (but not less frequently than annually) and adjustments are made as events occur to warrant adjustments to the reserve. For example, if the statutory period for assessing tax on a given tax return or period lapses, the reserve associated with that period will be reduced. Cumulative Effect of Change in Accounting Principle. The cumulative effect of change in accounting principle, net of tax, was due to the adoption of SFAS No. 143 on January 1,2003. See Note 1 to our Consolidated Financial Statements for further discussion of the impact of adopting SF AS No. 143. Net Income. Net income increased $10.1 million, or 18.3%, to $65.6 million for the year ended December 31, 2003, from $55.5 million for the year ended December 31, 2002. The increase was primarily attributable to increased operating income in 2003, partially. offset by higher income tax expense and higher minority interests. Years Ended December 31, 2002 and 2001 Our adoption of SFAS No. 143 resulted in the reclassification of accretion expense from interest expense to cost of operations. The amounts reclassified were $0.9 million and $0.5 million for the years ended December 31, 2002 and 2001, respectively. The discussion below reflects this reclassification. Revenues. Total revenues for the year ended December 31, 2002 increased $121.2 million, or 32.1%, to $498.7 million from $377.5 million for the year ended December 31, 2001. Revenues in the year ended December 31, 2002 from acquisitions closed in t\ 34 '02 as well as the inclusion in 2002 of 12 months of revenues from businesses acquired in 2001 totaled approximately $94.9 million, 78.4% of the increase. For the remaining increase in revenues, $15.5 million was attributable to selected price increases, $2.3 'million was due to improved recyclable commodity prices and $8.5 million was the result of volume growth in our existing business., Cost of Operations. Total cost of operations increased $71.1 million, or 33.7%, to $282.2 milhon for the year ended December 31, 2002 from $211.1 million for the year ended December 31, 2001. The lDcrease was primarily attributable to acquisitions closed in 2002, the inclusion in 2002 of 12 months of operating costs from businesses acquired in 2001, $1.4 million of costs incurred resulting from an employee labor strike at our facilities in Pierce County, Washington, growth in our existing business and higher insurance costs, partially offset by greater integration of collection volumes into landfills we owned or operated. Total cost of operations as a percentage of revenues for the year ended December 31, 2002 increased 0.6 percentage points to 56.6% from 56.0% for the year ended December 31, 2001. The increase as a percentage of revenues was primarily attributable to the mix of revenues associated with acquisitions closed in 2002, which had gross margins below our company average, higher insurance costs, and costs resulting from a labor strike in Pierce County, Washington, partially offset by greater integration of collection volumes into landfills we owned or operated. SG&A. Total SG&A increased $15.4 million, or 48.0%, to $47.4 million for the year ended December 31, 2002 from $32.0 million for the year ended December 31, 2001. The increase was primarily attributable to additional personnel from acquisitions closed in 2002, the inclusion in 2002 of 12 months of SG&A costs from businesses acquired in 2001, additional corporate, regional and district level overhead, $1.3 million of employment-related expenses assOCIated with the termination of our search for a chief operating officer and the hiring of two new corporate officers, higher relocatlOn expenses associated with new hires and transfers of existing employees, increased bad debt expense, increased legal expenses, higher insurance costs, stock compensation expense related to the issuance of restricted stock to district-level personnel in ,2002, $0.4 million expense associated with the relocation of our headquarters and early termination of our former corporate headquarters property lease and $0.3 million of costs associated with the listing of our common stock on the New York Stock Exchange. During the year ended December 31, 2001, we recognized $0.9 million of expenses related to the termination of negotiations and due diligence for a large potential acquisition. . SG&A as a percentage of revenues for the year ended December 31, 2002 increased 1.0 percentage point to 9.5% from 8.5% for We year ended December 31, 2001. The increase in SG&A as a percentage of revenues resulted from acquisitions closed in 2002 having SG&A costs as a percentage of revenues above our company average, additional corporate, regional and district level overhead to accommodate our current and future growth, employment-related expenses associated with the termination of our search for a chief operating officer and the hiring of two new corporate officers, higher employee relocation expenses related to new hires and transfers of existing employees, increased bad debt expense, increased legal expenses, stock compensation expense related to restricted stock issued to district-level personnel in 2002, the accrual of an expense associated with the relocation of our headquarters and early termination of our former corporate headquarters property lease and costs associated with the listing of our common stock on the New York Stock Exchange. The increase in SG&A as a percentage of revenues was partially offset by the recognition during 2001 of expenses related to the termination of negotiations and due diligence for a large potential acquisition. Depreciation and Amortization. Depreciation and amortization expenses for the year ended December 31, 2002 increased $2.9 million, or 7.9%, to $39.0 million from $36.1 million for the year ended December 31,2001. The increase resulted primarily from increased depletion due to higher volumes of waste disposed at our landfills, depreciation and depletIon associated with acquisitions closed in 2002 and the inclusion in 2002 of 12 months of depreciatlOn and depletion from businesses acquired in 2001, and increased depreciation expense resulting from new equipment acquired to support our base operations, partially offset by decreased amortization expense from not amortizing goodwill during the year ended December 31, 2002, due to the application of the nonamortization provisions of SF AS No. 142. Total goodwill amortization expense recognized in the year ended December 31, 2001 was $9.6 million. No goodwill amortization expense was recognized in the year ended December 31, 2002. Depreciation and amortization as a percentage of revenues for the year ended December 31, 2002 decreased 1.7 percentage points to 7.8% from 9.5% for the year ended December 31, 2001. The decrease in depreciation and amortization as a percentage of revenues was the result of applying the nonamortization provisions of SFAS No. 142, partially offset by increased depletion due to higher volumes of waste disposed at our landfills and increased depreciation expense associated with new equipment acquired in 2002. Goodwill amortization expense as a percentage of revenues for the year ended December 31, 2001 was 2.5%. , 35 f-- I _J Loss on Disposal of Operations. During the year ended December 31, 2001, we sold some of our Utah operations that wea deemed to no longer be of strategic importance. We recognized a non-cash pre-tax loss of $4.9 million from this sale. '(jJ Ooerating Income. Operating income for the year ended December 31, 2002 increased $36.7 million, or 39.3%, to $130.1 million from $93.4 million for the year ended December 31, 2001. The increase was primarily attributable to the growth in revenues, applying the nonamortization provisions of SF AS No. 142 and the absence of the prior year loss associated with the disposal of some of our Utah operations, partially offset by higher operating costs, depreciation, depletion and SG&A expenses. Operating income as a percentage of revenues for the year ended December 31, 2002 increased 1.4 percentage points to 26.1 % from 24.7% for the year ended December 31, 2001. The increase in operating income as a percentage of revenues was attributable to applying the nonamortization provisions of SFAS No. 142 and not incurring losses on the disposal of operations, partially offset by declines in gross margins, higher depreciation and depletion expenses and an increase in SG&A expenses as a percentage of revenues. Interest Expense. Interest expense for the year ended December 31, 2002 increased $1.8 million, or 6.1 %, to $31.4 million from $29.6 million for the year ended December 31,2001. The increase was primarily attributable to higher debt levels incurred to fund our acquisitions, partially offset by lower interest rates on our revolving credit facility and our replacing a portion of the borrowings under our revolving credit facility with lower interest subordinated debt obligations. At December 31, 2002, we had $76.0 million of floating rate borrowings under our credit facility, $175.0 million of Floating Rate Convertible Subordinated Notes due 2022 and $18.0 million of other floating rate debt. Other EXDense. Other expense decreased to $0.8 million for the year ended December 31, 2002 from $6.2 million for the year ended December 31, 2001. The primary component of other expense for the year ended December 31, 2001 was $6.3 million of expenses resulting from cash payments for the early termination of an interest rate swap. During the first quarter of 2001, we determined that the debt, the specific cash flows of which an interest rate swap was designated as hedging, would be repaid prior to its due date from the net proceeds of our convertible subordinated debt offering; therefore, it was probable that the future variable interest payments under the related debt (the hedged transactions) would not occur. The remaining components of other expense for 2002 and 2001 were net losses incurred on the disposal of certain assets. Minority Interests. Minority interests increased $2.1 million, or 27.7%, to $9.4 million for the year ended December 31, 200' from $7.3 million for the year ended December 31,2001. The increase was attributable to increased earnings by our majority-owned subSidiaries, as well as our owning majority interests in those entities, acquired in February 2001, for the entire 12 months ended December 31, 2002, compared to owning them for approximately eleven months in the year ended December 31, 2001. Provision for Income Taxes. Income taxes increased $13.3 million, or 67.1%, to $33.1 million for the year ended December 31, 2002, from $19.8 million for the year ended December 31, 2001. This increase was due to increased pre-tax earnings, partially offset by a 1.5 percentage point reduction in our effective tax rate due to the elimination of non-deductible goodwill. The effective income tax rate for the year ended December 31,20'02 was 37.4%, which is above the federal statutory rate of 35.0% primarily due to state and local taxes. Net Income. Net income increased $25.0 million, or 81.7%, to $55.5 million for the year ended December 31, 2002, from $30.5 million for the year ended December 31, 2001. The increase was primarily attributable to increased operating income in 2002, and the absence of prior year losses associated with the disposal of some of our Utah operations and the termination of an interest rate swap in 2001, partially offset by increases in interest expense, higher income tax expense and higher minority interests. Liquidity and Capital Resources Our business is capital intensive. Our capital requirements include acquisitions and fixed asset purchases. We expect that we will also make capital expenditures for landfill cell construction, landfill development and landfill closure activities in the future. We plan to meet our capital needs through various fmancing sources, including internally generated funds, debt and equity financings. As of December 31, 2003, we had a working capital deficit of $15.1 million, including cash and equivalents of $5.3 million. Our working capital deficit decreased $7.9 million from $23.0 million at December 31, 2002. Our strategy in managing our working capital is generally to apply the cash generated from our operations that remains after satisfying our working capital and capital I t 36 ~xpenditure requirements to reduce our indebtedness under our credit facility and to minimize our cash balances. The decrease in our .,orking capital deficit from the prior year resulted primarily from an increase in accounts receivable related to increased revenues, combined with a decrease in accrued liabilities due primarily to a decrease in the unrealized loss on our interest rate swaps of $4.0 million, as well as a decrease in acquisition-related accounts due to the payment of purchase price holdbacks. In April 2001, we sold $150 million of 5.5% Convertible Subordinated Notes due April 2006 (the "2006 Notes") in a Rule l44A private placement. The 2006 Notes are unsecured, rank junior to existing and future Senior Indebtedness, as defined in the indenture governing the notes, and are convertible at any time at the option of the holder into common stock at a conversion price of $38.03 per share. We received proceeds of approximately $144.4 million from our private placement of these notes and used these proceeds to repay certain outstanding indebtedness under our credit facility. On March 3, 2004, we announced that on April 15, 2004, we intend to redeem the 2006 Notes in full. Holders of the 2006 Notes may elect to receive either cash or our common stock in exchange for their notes. If holders of the 2006 Notes elect to receive cash, the source of the redemption proceeds will be our revolving credit facility. In April 2002, we sold $175 million of Floating Rate Convertible Subordinated Notes due 2022 (the "2022 Notes"). The 2022 Notes bear interest at the 3-month LIB OR rate plus 50 basis points, payable quarterly. The 2022 Notes are unsecured and rank pari passu with the 2006 Notes and junior to all existing and future senior indebtedness, as defmed in the indenture governing the notes. Upon the incurrence of certain conditions, the 2022 Notes are convertible into common stock at 20.6654 shares per $1,000 principal amount of notes, or $48.39 per share. Our issuance of the 2022 Notes did not result in any change in material covenants or in the committed amount under our credit facility. We received proceeds of approximately $169.0 million from our sale of the 2022 Notes and used the proceeds to repay a portion of the outstanding indebtedness under our credit facility. As of December 31, 2002, we had a $435 million revolving credit facility with a syndicate of banks for which Fleet Boston Financial Corporation acted as agent. In October 2003, we amended our credit facility to increase the maximum borrowings to $575 million. This new credit facility consists of a $400 million senior secured revolving credit facility with a syndicate of banks for which Fleet National Bank acts as agent, and a $175 million senior secured term loan. In March 2004, the senior secured term loan was refinanced to increase the total borrowing to $200 million. As of December 31, 2002, we had an aggregate of $216 million I&:mtstanding under our credit facility, exclusive of outstanding stand-by letters of credit of $23.6 million. As of December 31,2003, "$228 million was outstanding under our credit facility as follows: $175 million was outstanding under our senior secured term loan and $53.0 million was outstanding under our senior secured revolving credit facility, exclusive of outstanding stand-by letters of credit of $45.9 million. The senior secured revolving credit facility requires monthly interest payments and matures in October 2008. The senior secured term loan requires annual principal payments equal to 1 % of the notional balance at the end of years one through six with all remaining outstanding amounts due October 2010. Under the new credit facility, there is no maximum amount of stand-by letters of credit that can be issued; however, the issuance of stand-by letters of credit reduces the amount of total borrowings available. The new credit facility requires us to pay a commitment fee ranging from 0.25% to 0.50% of the unus~d portion of the new credit facility. We are able to increase the maximum borrowings under the new credit facility to $675 million, although no existing lender will have any obligation to increase its commitment, provided that no event of default, as defmed in the new credit facility, has occurred. The borrowings under the new credit facility bear interest at a rate per annum equal to, at our discretion, either the Fleet National Bank Base Rate plus applicable margin or the LIBOR rate plus applicable margin. The applicable margin under the revolving credit facility varies depending on our leverage ratio. The applicable margin on the term loan is 50 basis points in the case of loans based on the Fleet National Base Rate and 200 basis points in the case of loans based on the LIBOR rate. Virtually all of our assets, including our interest in the equity securities of our subsidiaries, secure our obligations under the new credit facility. The new credit facility places certain business, fmancial and operating limitations on us relating to, among other things, the incurrence of additional indebtedness, investments, acquisitions, asset sales, mergers, dividends, distributions and repurchases and redemption of capital stock. The new credit facility permits redemption of the 2006 Notes for cash. The new credit facility also requires that specified financial ratios and balances be maintained. As of December 31,2002 and 2003, we were in compliance with all applicable covenants in our then outstanding credit facility. The credit facility also requires the lenders' approval of acquisitIOns in certain cir<:umstances. We use the credit facility for acquisitions, capital expenditures, working capital, standby letters of credit and general corporate purposes. The $12 million increase in outstanding borrowings under our credit facility in 2003 was primarily due to funding new acquisitions and capital expenditures, partially offset by cash generated from operations and the proceeds from stock option exercises. If we are unable to incur additional indebtedness under our credit facility or obtain additional capital through future debt or equity financings, our rate of growth through acquisitions may decline. it 37 As of December 31, 2003, we had the following contractual obligations (in thousands): Long-term debt (l) Total recorded obligations Total $ 611,631 $ 611,631 Payments Due by Period Less Than 1 Year $ 9,740 $ 9,740 e Recorded Obligations 1 to 3 Years $ 165,266 $ 165,266 4 to 5 Years $ 72,960 $ 72,960 Over 5 Years $ 363,665 $ 363,665 (1) Long-term debt payments mclude $53 nulhon m principal payments due 2008 related to our semor secured revolvmg credit facility and $175 million in principal payments due 2010 related to our semor secured term loan, both under our new credit faclhty. As of December 31,2003, our credit faclhty allowed us to borrow up to $575 nulhon. Unrecorded Obligations Amount of Commitment Expiration Per Period Less Than 1 Total Year 1 to 3 Years 4 to 5 Years Over 5 Years $ 27,056 $ 3,980 $ 6,272 $ 4,613 $ 12,191 20,526 9,725 10,801 $ 47,582 $ 13,705 $ 17,073 $ 4,613 $ 12,191 Operating leases (2) Unconditional purchase Obligations (2) , Total unrecorded obligations (2) We are party to operating lease agreements and unconditional purchase obhgatlons as discussed in Note 9 to the consolidated financial statements. These lease agreements and purchase obligatIons are established m the ordmary course of our business and are deSigned to provide us With access to facilitIes and products at competitive, market-driven pnces. These arrangements have not matenally affected our financial pOSition, results of operatIons or hqUldlty durmg the year ended December 31, 2003 nor are they expected to have a matenal impact on our future financial pOSitIOn, results of operations or hquldity. We are party to stand-by letters of credit as discussed in Note 8 to the consolidated fmancial statements and fmancial surety bonds as discussed in ,Note 9 to the consolidated fmancial statements. These stand-by letters of credit and financial surety bonds ar~ generally established to support our fmancial assurance needs and landfill operations. These arrangements have not materiall. affected our fmancial position, results of operations or liquidity during the year ended December 31, 2003 nor are they expected to . have a material impact on our future financial position, results of operations or liquidity. The minority interest holders of a majority-owned subsidiary of Waste Connections have a currently exercisable option (the put option) to require Waste Connections to complete the acquisition of this majority-owned subsidiary by purchasing their minority ownership interests for fair market value. The put option calculates the fair market value of the subsidiary based on its current operating income before depreciation and amortization, as defmed in the put option agreement. The put option does not have a stated termination date. At December 31, 2003, the minority interest holders' pro rata share of the subsidiary's fair market value is estimated to be worth between $65 million and $80 million. Because the put is required at fair market value, no amounts have been accrued relative to the put option. For the year ended December 31, 2003, net cash provided by operations was approximately $157.2 million. Of this, $0.1 million was provided by. 'Working capital for the period. The primary components of the reconciliation of net income to net cash provided by operations for the year ended December 31, 2003 consist of non-cash expenses including $47.3 million of depreciation and amortization, $10.5 million of minority interest expense, $2.4 million of debt issuance cost amortization, and the deferral of $27.9 million of income tax expense resulting from temporary differences between the recognition of income and expenses for financial reporting and income tax purposes. For the year ended December 31, 2003, net cash used in investing activities was $161.0 million. Of this, $84.9 million was used to fund the cash portion of acquisitions and to pay a portion of acquisition costs that were included as a component of accrued liabilities at December 31,2002. Cash used for capital expenditures was $70.2 million, which was primarily for investments in fixed assets, consisting of trucks, containers, other equipment and landfill development. Other cash inflows from investing activities include $1.5 million received from the disposal of assets. Other cash outflows from investing activities include $3.6 million of restricted cash ~ 38 ,~ding in 2003 for our landfill closure and post-closure ob~iga~ions and $5.3 million paid to acquire a 9.9% interest in a company that .sues surety bonds for landfill closure and post-closure oblIgatIOns. For the year ended December 31,2003, net cash provided by financing activities was $4.9 million, which included $6.5 millioI1 of net borrowings under our various debt arrangements for the funding of capital expenditures and acquisitions and $12.3 million of proceeds from stock option and warrant exercises, less $9.7 million of cash distributions to minority interest holders and $4.1 million of debt issuance costs, primarily related to our amended credit facility. We made approximately $70.2 million in capital expenditures during the year ended December 31, 2003. We expect to make capital expenditures of approximately $70 million in 2004 in connection with our existing business. We intend to fund our planned 2004 capital expenditures principally through existing cash, internally generated funds, and borrowings under our existing credit facility. In addition, we may make substantial additional capital expenditures in acquiring solid waste collection and disposal businesses. If we acquire additional landfill disposal facilities, we may also have to make significant expenditures to bring them into compliance with applicable regulatory requirements, obtain permits or expand our available disposal capacity. We cannot currently determine the amount of these expenditures because they will depend on the number, nature, condition and permitted status of any acquired landfill disposal facilities. We believe that our credit facility and the funds we expect to generate from operations will provide adequate cash to fund our working capital and other cash needs for the foreseeable future. From time to time we evaluate our existing operations and their strategic importance to Waste Connections. If we determine that a given operating unit does not have future strategic importance, we may sell or otherwise dispose of those operations. Although we believe our operations would not be impaired by such dispositions, we could incur losses on them. I I I I For a description of the new accounting standards that affect us, see Note 1 to our Consolidated Financial Statements included in j this Form 1O-K. J~ ; LATION I( I To date, inflation has not materially affected our operations. Consistent with industry practice, many of our contracts allow us to I pass through certain costs to our customers, including increases in landfill tipping fees and, in some cases, fuel costs. Therefore, we believe that we should be able to increase prices to offset many cost increases that result from inflation. However, competitive pressures may require us to absorb at least part of these cost increases. Management's estimates associated with inflation have an impact on our accounting for landfill liabilities. New Accounting Pronouncements SEASONALITY Based on historic trends experienced by the businesses we have acquired, we expect our operating results to vary seasona:lly, with revenues typically lowest in the first quarter, higher in the second and third quarters and lower in the fourth quarter than in the second and third quarters. We expect the fluctuation in our revenues between our highest and lowest quarters to be approximately 10% to 12%. This seasonality reflects the lower volume of solid waste generated during the late fall, winter and early spring months because of decreased construction and demolition activities during the winter months in the U.S. In addition, some of our operating costs may be higher in the winter months. Adverse winter weather conditions slow waste collection activities, resulting in higher labor and operational costs. Greater precipitation in the winter increases the weight of collected waste, resulting in higher disposal costs, which are calculated on a per ton baSIS. ITEM 7A. QUANTITATIVE AND QUALITATIVE DISCLOSURE ABOUT MARKET RISK In the normal course of business, we are exposed to market risk, including changes in interest rates and certain commodity prices. We use hedge agreements to manage a portion of our risks related to interest rates. While we are exposed to credit risk in the event of non-performance by counterparties to our hedge agreements, in all cases such counterparties are highly rated fmancial institutions and we do not anticipate non-performance. We do not hold or issue derivative fmancial instruments for trading purposes. We monitor our hedge positions by regularly evaluating the positions at market and by performing sensitivity analyses. t 39 ~ "'i In December 2000, the Company restructured two existing interest rate swap agreements, extending their maturity througtl:! December 2003 and removing the embedded option features of the agreements. As of December 31, 2000, the Fleet Boston swap had a notional amount of $125 million at a fixed rate of 6.17% plus applicable margin and the Union Bank of California swap had a notional amount of$125 million at a fixed rate 00.01% plus applicable margin. In March 2001, $110 million of the notional amount under the Union Bank of California swap was terminated because the Company used the proceeds from its Convertible Subordinated Notes offering to repay $11 0 million of the LIBOR note the cash flows of which this swap was designated to hedge. The Company made a cash payment of $6.3 million to terminate the swap prior to its due date. In May 2003, we entered into two forward-starting interest rate swap agreements. Each interest rate swap agreement has a notional amount of $87.5 million and effectively fixes the interest rate on the notional amount at interest rates rangmg from 2.67% to 2.68%, plus applicable margin. The effective date of the swap agreements is February 2004 and each swap agreement expires in February 2007. These interest rate swap agreements are effective as cash flow hedges for a portion of our variable rate debt and we apply hedge accounting pursuant to SF AS No. 133 to account for these instruments. The notional amounts and all other significant terms of the swap agreements are matched to the provisions and terms of the variable rate debt being hedged. We have performed sensitivity analyses to determine how market rate changes will affect the fair value of our market risk senSitive hedge positions and all other debt. Such an analysis is inherently limited in that it reflects a singular, hypothetical set of assumptions. Actual market movements may, vary significantly from our assumptions. Fair value sensitivity is not necessarily indicative of the ultimate cash flow or earnings effect we would recognize from the assumed market rate movements. We are exposed to cash flow risk due to changes in interest rates with respect to the net floating rate balances owed at December 31,2002 and 2003 of $269.0 million and $265.1 million, respectively, including floating rate debt under our credit facility, our 2022 Notes, various floating rate notes payable to third parties and floating rate municipal bond obligations, offset by our debt effectively fixed under interest rate swap agreements. A one percent increase in interest rates on our variable-rate debt as of December 31, 2002 and 2003 would decrease our annual pre-tax income by approximately $2.7 million in both years. All of our remaining debt instruments are at fixed rates, or effectively fixed under the interest rate swap agreements described above; therefore, changes in market interest rates under these instruments would uot significantly impact our cash flows or results of operations. f We market a variety of recyclable materials, including cardboard, office paper, plastic containers, glass bottles and ferrous and ; aluminum metals. We own and operate 26 recycling processing operations and sell other collected recyclable materials to third parties for processing before resale. We often share the profits from our resale of recycled materials with other parties to our recycling contracts. For example, certain of our municipal recycling contracts in Washington, negotiated before we acquired those businesses, specify benchmark resale prices for recycled commodities. If the prices we actually receive for the processed recycled commodities collected under the contract exceed the prices specified in the contract, we share the excess with the municipality, after recovering any previous shortfalls resulting from actual market prices falling below the prices specified in the contract. To reduce our exposure to commodity price risk with respect to recycled materials, we have adopted a pricing strategy of charging collection and processing fees for recycling volume collected from third parties. Although there can be no assurance of market recoveries, in the event of a decline, because of the provisions within certain of our contracts that pass commodity risk along to the customers, we believe, given historical trends and fluctuations in the recycling commodities market, that a 10% decrease in average recycled commodity prices from the prices that were in effect at December 31, 2002 and 2003 would not materially affect our cash flows or pre-tax income. ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA See page 42 of this Report for an index to our fmancial statements. ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE None. f 40 ~M9A. CONTROLS AND PROCEDURES As of December 31, 2003, our management, including our Chief Executive Officer and Chief Financial Officer, evaluated the effectiveness of the design and operation of our disclosure controls and procedures, as defined in Rules 13(a)-l5(e) and 15(d)-15(e) , under the Securities Exchange Act of 1934 (the "Exchange Act"). Based on that evaluation, the Chief Executive Officer and Chief Financial Officer concluded that our disclosure controls and procedures are effective, in all material respects, to ensure that information required to be disclosed in the reports we file and submit under the Exchange Act is recorded, processed, summarized and reported as and when required. During the three months ended December 31, 2003, there were no significant changes (including corrective actions with regard to significant deficiencies and material weaknesses) in our internal control over financial reporting or in other factors that have materially affected, or are reasonably likely to materially affect, our internal control over fmancial reporting. t t 41 r~--. -- -. - -.. WASTE CONNECTIONS, INC. --------1 ti INDEX TO FINANCIAL STATEMENTS Page Report of Ernst & Young LLP, Independent Auditors Consolidated Balance Sheets as of December 31, 2002 and 2003 Consolidated Statements of Income for the years ended December 31, 200 I, 2002 and 2003 Consolidated Statements of Stockholders' Equity and Comprehensive Income for the years ended December 31, 200 I, 2002 and 2003 Consolidated Statements of Cash Flows for the years ended December 31, 2001, 2002 and 2003 Notes to Consolidated Financial Statements 43 44 45 46 47 49 ~1 ~,. 1 42 t REPORT OF ERNST & YOUNG LLP, INDEPENDENT AUDITORS Board of Directors and Stockholders Waste Connections, Inc. We have audited the accompanying consolidated balance sheets of Waste Connections, Inc. as of December 31, 2002 and 2003, and the related consolidated statements of income, stockholders' equity and comprehensive income, and cash flows for each of the three years in the period ended December 31, 2003. Our audits also included the financial statement schedule listed in Item 15.(a). These fmancial statements and schedule are the responsibility of the Company's management. Our responsibility is to express an opinion on these fmancial statements and schedule based on our audits. We conducted our audits in accordance with auditing standards generally accepted in the United States. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion. In our opinion, the financial statements referred to above present fairly, in all material respects, the consolidated fmancial position of Waste Connections, Inc. at December 31, 2002 and 2003, and the consolidated results of its operations and its cash flows for each of the three years in the period ended December 31, 2003, in conformity with accounting principles generally accepted in the United States. Also, in our opinion, the related fmancial statement schedule, when considered in relation to the basic fmancial statements taken as a whole, presents fairly in all material respects the information set forth therein. ~s discussed in Note 1 to the consolidated financial statements, effective January 1, 2003 the Company adopted Statement of Financial Accounting Stanqards No. 143, "Accounting for Asset Retirement Obligations" and effective January 1,2002, the Company adopted Statement of Financial Accounting Standards No. 142, "Goodwill and Other Intangible Assets." ERNST & YOUNG LLP Sacramento, California February 13,2004, except for paragraph 1 of Note 16, as to which the date is March 2, 2004 and paragraph 2 of Note 16, as to which the date is March 3, 2004 . 43 WASTE CONNECTIONS, INC. CONSOLIDATED BALANCE SHEETS (IN THOUSANDS, EXCEPT SHARE AND PER SHARE AMOUNTS) tJI ,~ ASSETS Current assets: Cash and equivalents $ Accounts receivable, net of allowance for doubtful accounts of $2,509 and $2,570 at December 31, 2002 and 2003, respectively Prepaid expenses and other current assets Total current assets DECEMBER 31, 2002 2003 4,067 $ 5,276 63,488 72,474 8,652 11,270 76,207 89,020 578,040 613,225 548,975 590,054 33,498 64,784 25,162 38,869 1,261,882 $ 1,395,952 Property and equipment, net Goodwill,. net Intangible assets, net Other assets, net $ LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Accounts payable $ 30,688 $ 38,682 €J :1 Accrued liabilities 45,905 31,920 Deferred revenue 19,016 23,738 . Current portion oflong-term debt and notes pa~able 3,646 9,740 Total current liabilities 99,255 104,080 Long-term debt and notes payable 578,481 601,891 Other long-term liabilities 14,813 8,400 Deferred income taxes 94,543 120,162 Total liabilities 787,092 834,533 Commitments and contingencies Minority interests 23,078 23,925 Stockholders' equity: Preferred stock: $0.01 par value; 7,500,000 shares authorized; none issued and outstanding Common stock: $0.01 par value; 50,000,000 shares authorized; 28,046,535 and 28,666,788 shares issued and outstanding at December 31, 2002 and 2003, respectively 280 287 Additional paid-in capital 332,705 348,146 Deferred stock compensation (775 ) (436 ) Retained earnings 123,498 189,094 Accumulated other comprehensive (loss) income (3,996 ) 403 Total stockholders' equity 451,712 537,494 , $ 1,261,882 $ 1,395,952 (J " I , ',- See accompanying notes. 44 . " rt1 " WASTE CONNECTIONS, INC. CONSOLIDATED STATEMENTS OF INCOME (IN THOUSANDS, EXCEPT SHARE AND PER SHARE AMOUNTS) YEARS ENDED DECEMBER 31, 2001 2002 2003 Revenues $ 377,533 $ 498,661 $ 563,509 Operating expenses: Cost of operations 211,064 282,187 316,841 Selling, general and administrative 32,007 47,366 54,367 Depreciation and amortization 36,138 38,977 47,347 Loss on disposal of operations 4,879 Income from operations 93,445 130,131 144,954 Interest expense (29,571 ) (31,372 ) (31,666 ) Other income (expense), net (6,196 ) (813 ) (192 ) Income before income tax provision and minority interests 57,678 97,946 113,096 Minority interests (7,338 ) (9,367 ) (10,549 ) Income before income tax provision 50,340 88,579 102,547 j lcome tax provision (19,812 ) (33,113 ) (37,233 ) . ./1 _ come before cumulative effect of change in 30,528 I accounting principle 55,466 65,314 i Cumulative effect of change in accounting principle, I net of tax expense of $166 282 I Net income $ 30,528 $ 55,466 $ 65,596 Basic income per common share: Income before cumulative effect of change in accounting principle $ 1.13 $ 2.00 $ 2.31 Cumulative effect of change in accounting principle .01 Net income per common share $ 1.13 $ 2.00 $ 2.32 Diluted income per common share: Income before cumulative effect of change in accounting principle $ 1.10 $ 1.90 $ 2.17 Cumulative effect of change in accounting principle .01 Net income per common share $ 1.10 $ 1.90 $ 2.18 Shares used in calculating basic income per share 27,069,685 27,750,642 28,327,296 Shares used in calculating diluted income per share 27,675,639 32,325,624 32,871,652 If!' See accompanymg notes. 45 ~-- - ~. ~ """'".~-,... ~.b'_ _~ ,~......= - W I I :0' w ASTE CO~.:?ONS, INC. I I CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY AND COMPREHENSIVE INCOME YEARS ENDED DECEMBER 31, 2001, 2002 AND 2003 (IN THOUSANDS, EXCEPT SHARE AMOUNTS) STOCKHOLDERS' EQUITY ACCUMULATED OTHER ADDITIONAL COMPREHENSIVE DEFERRED COMPREHENSIVE COMMON STOCK PAID-IN INCOME STOCK RETAINED INCOME SHARES AMOUNT CAPITAL (LOSS) COMPENSATION EARNINGS TOTAL Balances at December 31, 2000 26,480,046 $ 265 $ 296,439 $ $ $ 37,504 $ 334,208 Issuance of common stock warrants 105 105 Stock optIOns granted below fair market value 200 (200 ) Issuance of common stock 337,905 3 8,634 8,637 Amortization of deferred stock compensation 40 40 ExerCise of stock optIons and warrants 605,718 6 11,216 11 ,222 Amount reclassified mto earnings, net of taxes 5,847 5,847 Cumulative effect of accountmg change (3,600 ) (3,600 ) Changes m faIr value of interest rate swaps (7,182 ) (7,182 ) Net mcome $ 30,528 30,528 30,528 Other comprehensive income (loss) (8,144) Income tax effect of other comprehensive income 3,209 ComprehensIve mcome $ 25,593 Balances at December 31, 200 I 27,423,669 274 316,594 (4,935) (160 ) 68,032 379,805 Issuance of common stock warrants 577 577 Issuance of restricted stock 812 (812 ) Stock optIOns granted below faIr market value 650 (650 ) AmortIzatIOn of deferred stock compensation 847 847 ExerCise of stock options and warrants 622,866 6 14,072 14,078 Amounts reclassified into earnmgs, net of taxes 4,002 4,002 Changes in fair value of mterest rate swaps (3,063 ) (3,063 ) Net income $ 55,466 55,466 55,466 Other comprehensIve income (loss) 1,751 Income tax effect of other comprehensive income (812 ) Comprehensive mcome $ 56,405 Balances at December 31, 2002 28,046,535 280 332,705 (3,996 ) (775 ) 123,498 451,712 Issuance of common stock warrants to employees 17 17 Issuance of common stock warrants to consultants 173 173 Common stock donated to charitable trust 1,000 34 34 Issuance of vested restncted stock 4,975 CancellatIOn of unvested restncted stock (125) 45 (80) AmortizatIon of deferred stock compensation 294 294 Exercise of stock options and warrants 614,278 7 15,342 15,349 Amounts reclassified into earnings, net of taxes 4,200 4,200 Changes m fair value of mterest rate swaps 199 199 Net mcome $ 65,596 65,596 65,596 Other comprehensive income (loss) 7,033 Income tax effect of other comprehensive income (2,634 ) Comprehensive mcome $ 69,995 Balances at December 31, 2003 28,666,788 $ 287 $ 348,146 $ 403 $ (436 ) $ 189,094 $ 537,494 See accompanymg notes 46 WASTE CONNECTIONS, INC. CONSOLIDATED STATEMENTS OF CASH FLOWS (IN THOUSANDS) I' . YEARS ENDED DECEMBER 31, 2001 2002 2003 CASH FLOWS FROM OPERATING ACTIVITIES: Net income $ 30,528 $ 55,466 $ 65,596 Adjustments to reconcile net income to net cash provided by operating activities: Loss (gain) on disposal of assets 4,868 (1 ) 333 Depreciation 25,687 37,626 45,670 Amortization of intangibles 10,451 1,351 1,677 Loss on termination of interest rate swap 6,337 Deferred income taxes 12,442 10,132 27,931 Minority interests 7,338 9,367 10,549 Cumulative effect of change in accounting principle (448 ) Amortization of debt issuance costs 1,592 2,195 2,403 Stock-based compensation 40 847 345 Interest income on restricted cash (654 ) (485 ) (302 ) Closure and post-closure accretion 474 856 437 Tax benefit on the exercise of stock options 3,602 3,572 3,078 Loss on early extinguishment of debt 305 Changes in operating assets and liabilities, net of effects from acquisitions: Accounts receivable, net (1,978 ) (1,594 ) (2,909 ) Prepaid expenses and other current assets (3,556 ) 380 (1,570 ) Accounts payable (1,677 ) (2,730 ) 5,821 I Deferred revenue 576 478 3,658 It ,I, Accrued liabilities (8,937 ) 13,610 (4,911 ) 11i I Other long-term liabilities (250 ) 418 (143 ) Net cash provided by operating activities 87,198 131,488 157,215 CASH FLOWS FROM INVESTING ACTMTIES: Proceeds from disposal of assets 3,049 2,234 1,534 Payments for acquisitions, net of cash acquired (52,853 ) (166,626 ) (84,855 ) Capital expenditures for property and equipment (40,215 ) (56,776 ) (70,213 ) Investment in unconsolidated entity (5,300 ) Increase in restricted cash, net of interest income (989 ) (2,014 ) (2,093 ) Decrease (increase) in other assets 168 291 (24 ) Net cash used in investing activities (90,840 ) (222,891 ) (160,951 ) CASH FLOWS FROM FINANCING ACTIVITIES: Proceeds from long-term debt 263,521 381,000 108,940 Principal payments on notes payable and long-term debt (246,638 ) (290,962 ) (102,469 ) Proceeds from option and warrant exercises 7,620 10,506 12,271 Termination of interest rate swap (6,337 ) Distributions to minority interest holders (3,370 ) (5,880 ) (9,702 ) Debt issuance costs (6,336 ) (6,473 ) (4,095 ) Net cash provided by fmancing activities 8,460 88,191 4,945 Net increase (decrease) in cash and equivalents 4,818 (3,212 ) 1,209 Cash and equivalents at beginning of year 2,461 7,279 4,067 Cash and equivalents at end of year $ 7,279 $ 4,067 $ 5,276 iI' '1,1 ~ See accompanying notes. 47 r--'-- WASTE CONNECTIONS, INC. CONSOLIDATED STATEMENTS OF CASH FLOWS (IN THOUSANDS) See accompanying notes 48 _ _.....J t f f _J_ ~ , ; ,";- "):~ WASTE CONNECTlONS,.INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (DOLLAR AMOUNTS IN THOUSANDS, EXCEPT SHARE AND PER SHARE AMOUNTS) 1. ORGANIZATION, BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Organization and Business Waste Connections, Inc. ("WCI" or "the Company") was incorporated in Delaware on September 9, 1997 and commenced its operations on October 1, 1997 through the purchase of certain solid waste operations in Washington. The Company is an integrated, non-hazardous solid waste services company that provides collection, transfer, disposal and recycling services to commercial, industrial and residential customers in Alabama, Arizona, California, Colorado, Georgia, Illinois, Iowa, Kansas, Kentucky, Minnesota, Mississippi, Montana, Nebraska, New Mexico, Ohio, Oklahoma, Oregon, South Dakota, Tennessee, Texas, Utah, Washington, and , Wyoming. Basis of Presentation These consolidated financial statements include the accounts of WCI and its wholly-owned and majority-oWned subsidiaries. The consolidated entity is referred to herein as the Company. All intercompany accounts and transactions have been eliminated in consolidation. Cash Equivalents The Company considers all highly liquid investments with a maturity of three months or less at purchase to be cash equivalents. As of December 31, 2002 and 2003, cash equivalents consisted of demand money market accounts. [ f ttconcentrations of Credit Risk ~II : Fmancial instruments that potentially subject th, Company to coucentratious uf credit risks cousist primarily of accounts I receivable. The Company generally does not require collateral on its trade receivables. Credit risk on accounts receivable is ! minimized as a result of the large and diverse nature of the Company's customer base. The Company maintains allowances for losses j based on the expected collectibility of accounts receivable. Credit losses have been within management's expectations. I I i , , I I I ! I I I I ~ ! ! , } Revenues are recognized as services are provided. Certain customers are billed in advance and, accordingly, recognition of the related revenues is deferred until the services are provided. Revenue Recognition and Accounts Receivable The Company's receivables are recorded when billed, advanced or accrued and represent claims against third parties that will be settled in cash. The carrying value of the Company's receivables, net of the allowance for doubtful accounts, represents their estimated net realizable value. The Company estimates its allowance for doubtful accounts based on historical collection trends, type of customer such as municipal or non-municipal, the age of outstanding receivables and existing economic conditions. If events or changes in circumstances indicate that specific receivable balances may be impaired, further consideration is given to the collectiblity of those balances and the allowance is adjusted accordingly. Past-due receivable balances are written off when the Company's internal collection efforts have been unsuccessful in colIecting the amount due. Property and Equipment Property and equipment are stated at cost. Improvements or betterments, not considered to be maintenance and repair, which significantly extend the life of an asset are capitalized. Expenditures for maintenance and repair costs are charged to expense as incurred. The cost of assets retired or otherwise disposed of and the related accumulated depreciation are eliminated from the accounts in the year of disposal. Gains and losses resulting from disposals of property and equipment are recognized in the period in which the . 49 ~---.... ~~~~~ - __J WASTE CONNECTIONS, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (DOLLAR AMOUNTS IN THOUSANDS, EXCEPT SHARE AND PER SHARE AMOUNTS) t property and equipment is disposed. Depreciation is computed using the straight-line method over the estimated useful lives of the assets or the lease term, whichever is shorter. The estimated useful lives are as follows: Buildings Machinery and equipment Rolling stock Containers 20 years 3 - 15 years 10 years 5 - 15 years Landfill Accounting On January 1,2003, the Company adopted SFAS No. 143, "Accounting for Asset Retirement Obligations" ("SFAS No. 143"), which provides standards for accounting for obligations associated with the retirement of long-lived assets. The adoption of SFAS No. 143 impacted the calculation and accounting for landfill retirement obligations, which the Company has historically referred to as closl,lfe and post-closure obligations. The impact of SFAS No. 143 is discussed in the closure and post-closure obligations section below. The Company utilizes the life cycle method of accounting for landfill costs and the units of consumption method to amortize landfill construction costs over the estimated remaining capacity of a landfill. Under this method the Company includes future estimated construction costs using current dollars, as well as costs incurred to date, in the amortizatIOn base. Additionally, the Company includes deemed permitted expansion airspace, which has not been permitted, in the calculation of the total remaining capacity of the landfill. - Landfill development costs. Landfill development costs include the costs of acquisition, construction associated with excavatio~ liners, site berms, groundwater monitoring wells and leachate collection systems. The Company estimates the total costs associated with developing each landfill site to its final capacity. This includes certain projected landfill site costs that are uncertain because they are dependent on future events and thus actual costs could vary significantly from estimates. The total cost to develop a site to its final capacity includes amounts previously expended and capitalized, net of accumulated airspace amortization, and projections of future purchase and development costs, landfill fmal capping costs, liner construction costs, operating construction costs, and capitalized interest costs. Total landfill costs include the development costs associated with "deemed" permitted airspace. Deemed permitted airspace is addressed below. - Closure and post-closure obligations. The Company reserves for estimated closure and post-closure maintenance obligations at the landfills it owns and certam landfills that it operates, but does not own. Accrued closure and post-closure costs represent an estimate of the current value of the future obligation associated with closure and post-closure monitoring of non-hazardous solid waste landfills currently owned and/or operated by the Company. Closure and post-closure monitoring and maintenance costs represent the costs related to cash expenditures yet to be incurred when a landfill facility ceases to accept waste and closes. Accruals for closure and post-closure monitoring and maintenance requirements in the U.S. consider site inspection, groundwater monitoring, leachate management, methane gas control and recovery, and operating and maintenance costs to be incurred during the period after the facility closes. Certain of these environmental costs, principally capping and methane gas control costs, are also incurred during the operating hfe of the site in accordance with the landfill operation requirements of Subtitle D and the air emissions standards. Daily maintenance activities, which mclude many of these costs, are expensed as incurred during the operating life of the landfill. Daily maintenance activities include leachate disposal; surface water, groundwater, and methane gas monitoring and maintenance; other pollution control activities; mowing and fertilizing the landfill fmal cap; fence and road maintenance; and third party inspection and reporting costs. Site specific closure and post-closure engineering cost estimates are prepared annually for landfills owned and/or operated by the Company for which it is responsible for closure and post-closure. Upon the adoption of SF AS No. 143, landfill closure and post-closure liabilities are calculated by estimating the total obligation in current dollars, inflating the obligation based upon the expected date of the expenditure using an inflation rate of 3% and t\ 50 rt1' ~ ; , WASTE CONNECTIONS, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (DOLLAR AMOUNTS IN THOUSANDS, EXCEPT SHARE AND PER SHARE AMOUNTS) . discounting the inflated total to its present value using an 8.5% discount rate. The resulting closure and post-closure obligation is recorded as a long-term liability with a corresponding increase to landfill site costs as the landfill's total airspace is consumed. Final capping costs are included in the calculation of closure and post-closure liabilities. Final capping costs are estimated using current dollars, inflated to the expected date of the fmal capping expenditures, discounted to a net present value and recorded on the balance sheet as a component of closure and post-closure liabilities as landfill airspace is consumed. At December 31, 2002 and 2003, accruals for landfill closure and post-closure costs (including costs assumed through acquisitions) were $13,749 and $5,479, respectively. When using discounted cash flow techniques, reliable estimates of market premiums may not be obtainable. In the waste industry, there is no market for selling the responsibility for fmal capping, closure and post-closure obligations independent of selling the landfill in its entirety. Accordingly, the Company does not believe that it is possible to develop a methodology to reliably estimate a market risk premium and has therefore excluded any such market risk premium from its, determination of expected cash flows for landfill asset retirement obligations. The Company estimates that its closure and post- closure payment commitments will begin in 2006. Interest is accreted on the recorded liability using the corresponding discount rate. Interest accretion was reduced as a result of the decrease in the recorded closure and post-closure liabilities and has been reclassified from interest expense to cost of operations, thus causing a reduction in income from operations. However, there has been no change in operating cash flow. In accordance with SFAS No. 143, the closure and post-closure liability is recorded as an addition to site costs and amortized to depletion expense on a units-of-consumption basis as landfill airspace is consumed. The impact of changes determined to be changes in estimates, based on an annual update, is accounted for on a prospective basis. Depletion expense resulting from the closure and post-closure obligations recorded as a component of landfill site costs will generally be less during the early portion of a landfill's operating life and increase thereafter. The closure and post-closure liabilities reflect owned landfills and landfills operated under life-of-site operating agreements with estimated remaining lives, based on remaining permitted capacity, probable expansion capacity and projected annual disposal volumes, that range from approximately 3 to 263 years, with an average remaining life of approximately 63 years. The costs for closure and post-closure obligations at landfills the Company owns or operates are generally estimated based on interpretations of current requirements and proposed or anticipated regulatory changes. The estimates for landfill closure and post-closure costs, including final cappmg costs, also consider when the costs would actually be paid and factor in inflation and discount rates. The possibility of changing legal and regulatory requirements and the forward-looking nature of these types of costs make any estimation or assum}?tion less certain. Adopting SFAS No. 143 required a cUmulative adjustment to reflect the change in accounting for landfill obligations retroactively to the date of the inception of the landfill. Inception of the asset retirement obligation is the date operations commenced or the date the asset was acquired. Upon adopting SFAS No. 143 on January 1, 2003, the Company recorded a cumulative effect of the change in accounting principle of $448 ($282, net of tax), a decrease in its closure and post-closure liability of $9,142 and a decrease in net landfill assets of $8,667. Discounting the obligation with a higher discount rate and recording the liability as airspace is consumed resulted in a decrease to the closure and post-closure liabilities recorded by the Company before it adopted SFAS No. 143. The closure and post-closure liability at January 1,2002, on a pro forma basis as if SFAS No. 143 had been applied during all periods presented, would have been $2,894. The following is a reconciliation of the Company's closure and post-closure liability balance from December 31, 2002 to December 31, 2003: Closure and post-closure liability at December 31, 2002 Decrease in closure and post-closure liability from adopting SFAS No. 143 Liabilities incurred Accretion expense Closure and post-closure liability at December 31, 2003 $ 13,749 (9,142) 435 437 $ 5,479 . 51 WASTE CONNECTIONS, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (DOLLAR AMOUNTS IN THOUSANDS, EXCEPT SHARE AND PER SHARE AMOUNTS) t Pro forma financial information to reflect the reported results of operations for the two years ended December 31, 2001 and 2002, as ifSFAS No. 143 were adopted on January 1,2001, is as follows: Basic earnings per share as reported Pro forma impact of applying SFAS No. 143, net of tax Pro forma basic earnings per share Year Ended December 31, 2001 2002 $ 30,528 $ 55,466 (28 ) 318 $ 30,500 $ 55,784 $ 1.13 $ 2.00 .01 $ 1.13 $ 2.01 $ 1.10 $ 1.90 .01 $ 1.10 $ 1.91 Net income as reported Pro forma impact of applying SFAS No. 143, net of tax Pro forma net income Diluted earnings per share as reported Pro forma impact of applying SFAS No. 143, net of tax Pro forma diluted earnings per share At December 31, 2003, $12,253 of the Company's restricted cash balance was for purposes of settling future closure and post-closure liabilities. - DIsposal caDacity. The Company's internal and third-party engineers perform surveys at least annually to estimate the disposale capacity at its landfills. This is done by using surveys and other methods to calculate, based on the terms of the permit, height ~ restrictions and other factors, how much airspace IS left to fill and how much waste can be disposed of at a landfill before it has reached its final capacity. The Company's landfill depletion rates are based on the remaining disposal capacity, considering both permitted and deemed permitted airspace, at its landfills. Deemed permitted airspace consists of additional disposal capacity being pursued through means of an expansion. Deemed permitted airspace that meets certain internal criteria is included in the estimate of total landfill airspace. The Company's internal criteria to determine when deemed permitted airspace may be included as disposal capacity is as follows: (1) The land where the expansion is being sought is contiguous to the current disposal site, and is either owned by the Company or the property is under option, purchase, operating or other agreement; (2) Total development costs, final capping costs, and closure/post-closure costs have been determined; (3) Internal personnel have performed a financial analysis of the proposed expansion site and have determined that it has a positive financial and operational impact; (4) Internal or external personnel are actively working to obtain the necessary approvals to obtain the landfill expansion permit; (5) Obtaining the expansion is considered probable. For a pursued expansion to be considered probable, there must be no significant known technical, legal, community, business, or political restrictions or similar issues existing that could impair the success of the expansion; and (6) The land where the expansion is being sought has the proper zoning or proper zoning can readily be obtained. It is possible that the Company's estimates or assumptions will ultimately turn out to be significantly different from actual results. In some cases the Company may be unsuccessful in obtaining an expansion permit or the Company may determine that an expansion permit that the Company previously thought was probable has become unlikely. To the extent that such estimates, or the assumptions used to make those estimates, prove to be significantly different than actual results, or the belief that the Company will receive an expansion permit changes adversely in a significant manner, the costs of the landfill, including the costs incurred in the pursuit of the expansion, may be subject to impairment testing, as described below, and lower profitability may be experienced e\ 52 I WASTE CONNECTIONS, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (DOLLAR AMOUNTS IN THOUSANDS, EXCEPT SHARE AND PER SHARE AMOUNTS) due to higher amortization rates, higher capping, closure and post-closure rates, and higher expenses or asset impairments related to the removal of previously included expansion airspace. The Company periodically evaluates its landfill sites for potential impairment indicators. The Company's judgments regarding the existence of impairment indicators are based on regulatory factors, market conditions and operational performance of its landfills. Future events could cause the Company to conclude that impairment indicators exist and that its landfill carrying costs are impaired. Allocation of Acquisition Purchase Price A summary of the Company's acquisition purchase price allocation policies is as follows: _ Acquisition purchase price is allocated to identified intangible assets and tangible assets acquired and liabilities assumed based on their estimated fair values at the dates of acquisition, with any residual amounts allocated to goodwill. - The Company deems the total remaining airspace of an acquired landfill to be a tangible asset. Therefore, for acquired landfills, it initially allocates the purchase price to identified intangible and tangible assets acquired, excluding landfill airspace, and liabilities assumed based on their estimated fair values at the date of acquisition. Any residual amount is allocated to landfill airspace. - The Company often consummates single acquisitions that include a combination of collection operations and landfills. For each separately identified collection operation and landfill acquired in a single acquisition, the Company performs an initial allocation of total purchase price to the identified collection operations and landfills based on their relative fair values. Following this initial allocation of total purchase price to the identified collection operations and landfills, the Company further allocates the identified intangible assets and tangible assets acquired and liabilities assumed for each collection operation and landfill based on their :,. estimated fair values at the dates of acquisition, with any residual amounts allocated to either goodwill or landfill site costs, as '" discussed above. - The Company accrues the payment of contingent purchase price if the events surrounding the contingency are deemed assured beyond a reasonable doubt. Contingent purchase price related to landfills is allocated to landfill site costs and contingent purchase price for acquisitions other than landfills is allocated to goodwill. Goodwill and Intangible Assets Goodwill represents the excess of the purchase price over the estimated fair value of the net tangible and intangible assets of the acquired entities. Goodwill and intangible assets deemed to have indefinite lives are no longer amortized but are subject to annual impairment tests in accordance with SF AS No. 142. Other intangible assets, including those meeting new recognition criteria 'under SF AS No. 142, continue to be amortized over their estimated useful lives. The Company fully adopted the new rules on accounting for goodwill and other intangible assets beginning on January 1,2002. The Company tests goodwill for impairment using the two-step process prescribed in SFAS No. 142. The fIrSt step is a screen for potential impairment, while the second step measures the amount of the impairment, if any. At least annually, the Company performs impairment tests of goodwill and indefinite-lived intangible assets based on the carrying values. As a result of performing the tests for potential impalrment, the Company determined that no impairment existed as of December 31, 2003 and therefore, it was not necessary to write down any of its goodwill or indefinite-lived intangible assets. Net income for the year ended December 31, 2001, adjusted for the nonamortization provisions of SFAS No. 142, was $37,390. Basic and diluted shares outstanding were 27,069,685 and 27,675,639, respectively, for the year ended December 31,2001. Adjusted basic and diluted earnings per share were $1.38 and $1.35, respectively, for the year ended December 31, 2001. The Company acquired indefinite-lived intangible assets, long-term franchise agreements, contracts and non-competition agreements in connection with certain of its acquisitions. The amounts assigned to indefinite-lived intangible assets consist of the , 53 r-------- - -- WASTE CONNECTIONS, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (DOLLAR AMOUNTS IN THOUSANDS, EXCEPT SHARE AND PER SHARE AMOUNTS) ., 't .Ja value of certain perpetual rights to provide solid waste collection and transportation services in specified territories. The estimated fair value of the acquired indefinite-lived intangible assets, long-term franchise agreements and contracts was determined by management based on the discounted net cash flows associated with the rights, agreements and contracts. The estimated fair value of the non- competition agreements reflects management's estimates based on the amount of revenue protected under such agreements. The amounts assigned to the franchise agreements, contracts, and non-competition agreements are being amortized on a straight-line basis over the expected term of the related agreements (ranging from 5 to 56 years). In accordance with the provisions of SF AS No. 142, indefinite-lived intangible assets resulting from acquisitions completed subsequent to June 30, 2001 are not amortized; however, they are required to be classified separately from goodwill. Restricted Cash Restricted cash held by trustees is included in other non-current assets and consists principally of funds held in trust for the construction of various facilities, and funds deposited in connection with landfill closure and post-closure obligations. Proceeds from these fmancing arrangements are directly deposited into trust funds, and the Company does not have the ability to utilize the funds in regular operating activities. Accordingly, these amounts are reported as an investing activity when the cash is released from the trust funds ~d as a financing activity when the industrial revenue bonds are repaid out of the Company's cash balances. Asset Impairments Long-lived assets consist primarily of property, plant and equipment, goodwill and other intangible assets. Property, plant, equipment and other intangible assets are carried on the Company's fmancial statements based on their cost less accumulated depreciation or amortization. The recoverability of these assets is tested whenever events or changes in circumstances indicate that their carrying amount may not be recoverable. Typical indicators that an asset may be impaired include: M,\ ~) - A significant decrease in the market price of an asset or asset group; - A significant adverse change in the extent or manner in which an asset or asset group is being used or in its physical condition; - A significant adverse change in legal factors or in the business climate that could affect the value of an asset or asset group, including an adverse action or assessment by a regulator; - An accumulation of costs significantly in excess of the amount originally expected for the acquisition or construction of a long- lived asset; - Current period operating or cash flow losses combined with a history of operating or cash flow losses or a projection or forecast that demonstrates continuing losses associated with the use of a long-lived asset or asset group; or - A current expectation that, more likely than not, a long-lived asset or asset group will be sold or otherwise disposed of significantly before the end of its previously estimated useful life. If any of these or other indicators occur, a test of recoverability is performed by comparing the carrying value of the asset or asset group to its undiscounted expected future cash flows. If the carrying values are in excess of undiscounted expected future cash flows, impairment is measured by comparing the fair value of the asset to its carrying value. Fair value is determined by an internally developed discounted projected cash flow analysis of the asset. Cash flow projections are sometimes based on a group of assets, rather than a single asset. If cash flows cannot be separately and independently identified for a single asset, the Company will determine whether an impairment has occurred for the group of assets for which the projected cash flows can be identified. If the fair value of an asset is determined to be less than the carrying amount of the asset or asset group, an impairment in the amount of the difference is recorded in the period that the impairment indicator occurs. Several impairment indicators are beyond the Company's control, and whether or not they will occur cannot be predicted with any certainty. Estimating future cash flows requires significant judgment and projections may vary from cash flows eventually realized. There are other considerations for impairments of landfills and goodwill, as described below. f} 54 """""="~"'-= "",'~" _^~, w ,;, - '~-'l' I WASTE CONNECTIONS, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (DOLLAR AMOUNTS IN THOUSANDS, EXCEPT SHARE AND PER SHARE AMOUNTS) Landfills - There are certain indicators listed above that require significant judgment and understanding of the waste industry when applied to landfill development or expansion projects. For example, a regulator may initially deny a landfill expansion permit application though the expansion permit is ultimately granted. In addition, management may periodically divert waste from one landfill to another to conserve remaining permitted landfill airspace. Therefore, certain events could occur in the ordinary course of business and not necessarily be considered indicators of impairment due to the unique nature of the waste industry. Goodwill - The Company assesses whether goodwill is impaired on an annual basis. If the Company determined the existence of goodwill impairment, the Company would measure that impairment based on the amount by which the book value of goodwill exceeds its implied fair value. The implied fair value of goodwill is determined by deducting the fair value of a reporting unit's identifiable assets and liabilities from the fair value of the reporting unit as a whole, as if that reporting unit had just been acquired and the purchase price were being initially allocated. Additional impairment assessments may be performed on an interim basis if the Company encounters events or changes in circumstances, such as those listed above, that would indicate that, more likely than not, the book value of goodwill has been impaired. Fair Value of Financial Instruments The Company's financial instruments consist primarily of cash, trade receivables; restricted funds held in trust, trade payables, debt instruments and interest rate swaps. As of December 31, 2002 and 2003, the carrying values of cash, trade receivables, restricted funds held in trust, and trade payables are considered to be representative of their respective fair values. The carrying values of the Company's debt instruments, excluding the 2006 Convertible Subordinated Notes and 2022 Floating Rate Convertible Subordinated Notes, approximate their fair values as of December 31, 2002 and 2003, based on current incremental borrowing rates for similar types of borrowing arrangements. The Company's 2006 Convertible Subordinated Notes have a carrying value of $150,000 and had a fair value of approximately $186,915 at December 31, 2002 and $160,770 at December 31, 2003, based on the publicly quoted trading .rice of these notes. The Company's 2022 Floating Rate Convertible Subordinated Notes have a carrying value of$175,000 and had a ir value of approximately $181,475 at December 31, 2002 and $178,798 at December 31,2003, based on the publicly quoted trading , rice of these notes. The Company's interest rate swaps are recorded at their estimated fair values based on estimated cash flows calculated using interest rate yield curves as of December 31, 2002 and 2003. Derivative Financial Instruments SFAS No. 133, "Accounting for Derivatives and Hedging Activities", as amended, became effective January 1,1001. SFAS No. 133 establishes accounting and reporting standards for derivative instruments, including certain derivative instruments embedded in other contracts, and for hedging activities. SF AS No. 133 requires the Company to recognize all derivatives on the balance sheet at fair value. Derivatives that are not hedges must be adjusted to fair value through income. If the derivative is a hedge, depending on the nature of the hedge, changes in the fair value of derivatives will either be offset against the change in fair value of the hedged assets, liabilities, or firm commitments through earnings or recognized in other comprehensive income (Note II) until the hedged item is recognized in earnings. The ineffective portion of a derivative's change in fair value is immediately recognized in earnings. The Company's objective for utilizing derivative instruments is to reduce its exposure to fluctuations in <:ash flows due to changes in the variable interest rates of certain borrowings issued under its credit facility and other variable rate debt. The Company's strategy to achieve that objective involves entering into interest rate swaps that are specifically designated to certain variable rate instruments and accounted for as cash flow hedges. At December 31, 2003, the Company's derivative instruments consist of two forward-starting interest rate swap agreements, entered into in May 2003. Each interest rate swap agreement has a notional amount of $87,500 and effectively fixes the interest rate on the notional amount at interest rates ranging from 2.67% to 2.68%, plus applicable margin. The effective date of the swap agreements is February 2004 and each swap agreement expires in February 2007. These interest rate swap agreements are effective as cash flow hedges for a portion of the Company's variable rate debt, and the Company applies hedge accounting to account for these t 55 WASTE CONNECTIONS, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (DOLLAR AMOUNTS IN THOUSANDS, EXCEPT SHARE AND PER SHARE AMOUNTS) t :,i instruments. The notional amounts and all other significant terms of the swap agreements are matched to the provisions and terms of the variable rate debt being hedged. Income Taxes The Company: uses the liability method to account for income taxes. Under this method, deferred tax assets and liabilities are determined based on differences between the financial reporting and income tax bases of assets and liabilities and are measured using the enacted tax rates and laws that are expected to be in effect when the differences are expected to reverse. The Company assumes the deductibility of certain costs in its income tax filings and estimates the future recovery of deferred tax assets. The Company has accrued income tax reserves for contingencies identified in the preparation of previously filed tax returns. The Company establishes the reserves based upon management's assessment of exposure associated with permanent differences, tax credits and interest expense. The tax reserves are analyzed periodically (but not less frequently than annually) and adjustments are made as events occur to warrant adjustments to the reserve. For example, if the statutory period for assessing tax on a given tax return or period lapses, the reserve associated with that period will be reduced. Stock-Based Compensation As permitted under the provisions of SFAS No. 123, the Company has elected to account for stock-based compensation using the intrinsic value method prescribed by APB 25. Under the intrinsic value method, compensation cost is the excess, if any, of the quoted market price or fair value of the stock at the grant date or other measurement date over the amount an employee must pay to acquire the stock. The weighted'average grant date fair values per share for options granted during 2001,2002 and 2003 are as follows: Exercise prices equal to market price of stock Exercise prices less than market price of stock 2001 $ 10.32 15.73 2002 $ 9.40 16.17 2003 $ 7.76 .\ ~I Pro forma information regarding net income and earnings per share is required by SF AS No. 123, and has been determined as if the Company had accounted for its employee stock options under the fair value method of that Statement. The fair value for these options was estimated at the date of grant using a Black-Scholes option pricing model with the following weighted-average assumptions for the years ended December 31, 2001, 2002 and 2003: risk-free interest rate of 4.5%,3.5% and 2.4%, respectively; dividend yield of zero; volatility factor of the expected market price of the Company's common stock of 45%, 40% and 25%, respectively; and a weighted-average expected life of the option of 4 years. The Black-Scholes option valuation model was developed for use in estimating the fair value of traded options which have no vesting restrictions and are fully transferable. In addition, option valuation models require the input of highly subjective assumptions including the expected stock price volatility. Because the Company's employee stock options have characteristics Significantly different from those of traded options, and because changes in the subjective input assumptions can materially affect the fair value estimate, in management's opinion, the existing models do not necessarily provide a reliable single measure of the fair value of the Company's employee stock options. tl 56 , ~ . WASTE CONNECTIONS, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (DOLLAR AMOUNTS IN THOUSANDS, EXCEPT SHARE AND PER SHARE AMOUNTS) For purposes of pro fonna disclosures, the estimated fair value of the options is amortized to expense over the options' vestfug period. The following table summarizes the Company's pro fonna net income and pro fonna basic net income per share for the years ended December 31, 2001, 2002 and 2003: Year Ended December 31, 2001 2002 2003 Net income, as reported $ 30,528 $ 55,466 $ 65,596 Add: stock-based employee compensation expense included in reported net income, net of related tax effects 24 533 196 Deduct: total stock-based employee compensation expense detennined under fair value method for all awards, net of related tax effects (3,135) (5,771) (7,105) Pro fonna net income $ 27,417 $ 50,228 $ 58,687 Earnings per share: Basic - as reported $ 1.13 $ 2.00 $ 2.32 Basic - pro fonna 1.01 1.81 2.07 Diluted - as reported 1.10 1.90 2.18 Diluted - pro fonna 0.99 1.75 1.98 I"er Share Information I Basic net income per share is computed using the weighted average number of common shares outstanding. Diluted net income per share is computed using the weighted average number of common and potential common shares outstanding. Potential common shares I are excluded from the computation if their effect is anti-dilutive. I Advertising Costs Advertising costs are expensed as incurred. Advertising expense for the years ended December 31, 2001, 2002 and 2003 was $1,160, $1,403 and $1,842, respectively. Insurance Liabilities During 2002, the Company increased its scope of high-deductible insurance, adding automobile liability, general liability and workers' compensation claims. Previously, the Company's high-deductible insurance program covered only automobile collision and employee group health claims. The Company's insurance accruals are based on claims filed and estimates of claims incurred but not reported and are developed by the Company's management with assistance from its third-party actuary and its third-party claims administrator. The insurance accruals are influenced by the Company's past claims experience factors, which have a limited history, and by published industry development factors. At December 31, 2002 and 2003, the Company's total accrual for self-insured liabilities was $4,038 and $8,611, respectively. Segment Infonnation The Company identifies its operating segments based on management responsibility and geographic location. The Company considers each of its four operating regions that report stand-alone financial infonnation and have segment managers that report to the . 57 ~---_._~--- ---~ WASTE CONNECTIONS, INe. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (DOLLAR AMOUNTS IN THOUSANDS, EXCEPT SHARE AND PER SHARE AMOUNTS) ,~ ,). Company's chief operating decision maker to be an operating segment. The Company has assessed and determined that it has met all of the aggregation criteria required under SF AS No. 131 to aggregate multiple operating segments into one reportable segment. Therefore, all operating segments have been aggregated together and are reported as a single segment consisting of the collection, transfer, recycling and disposal of non-hazardous solid waste primarily in the Western and Southern United States. Reclassifications Certain amounts reported in the Company's prior years' financial statements have been reclassified to conform with the 2003 presentation. New Accounting Pronouncements SFAS No. 143 In June 2001, the Financial Accounting Standards Board issued SFAS No. 143, "Accounting for Asset Retirement Obligations" ("SFA~ No. 143"), which outlines standards for accounting for obligations associated with the retirement of long-lived assets. The Company fully adopted the new rules under SFAS No. 143 beginning on January 1,2003, which impacted the accounting for landfill retirement obligations, historically referred to as closure and post-closure obligations. Refer to the section on landfill accounting within this footnote for further detail. FIN 45 In November 2002, the F ASB issued Interpretation No. 45, "Guarantor's Accounting and Disclosure Requirements for Guarantees, including Indirect Guarantees of Indebtedness of Others" ("FIN 45"). It clarifies that a guarantor is required to recognize, at the inception of a guarantee, a liability for the fair value of the obligation undertaken in issuing the guarantee, including its ongoin.' obligation to stand ready to perform over the term of the guarantee in the event that the specified triggering events or conditions occur~ ,The objective of the initial measurement of the liability is the fair value of the guarantee at its inception. The initial recognition and initial measurement provisions of FIN 45 are effective on a prospective basis to guarantees issued after December 31, 2002, and the Company will record the fair value of future material guarantees, if any. The Company did not have any material guarantees at December 31, 2003. FIN 46 In January 2003, the FASB issued Interpretation No. 46 ("FIN 46") which was subsequently amended in December 2003. FIN 46 requires that unconsolidated variable interest entities be consolidated by their primary beneficiaries. A primary beneficiary is the party. that absorbs a majority of the entity's expected losses or residual benefits. FIN 46 applies to variable interest entities created after January 31,2003 and to existing variable interest entities beginning after June 15,2003. The adoption of FIN 46 did not have a material impact on the Company's financial statements. SFAS No. 150 In May 2003, the Financial Accounting Standards Board issued SFAS No. 150, "Accounting for Certain Financial Instruments with Characteristics of both Liabilities and Equity" ("SFAS No. ISO"). SFAS No. 150 establishes standards for how an issuer classifies and measures certain fmancial instruments with characteristics of both liabilities and equity. It requires that an issuer classify a financial instrument that is within its scope as a liability (or an asset in some circumstances). SFAS No. 150 was effective for financial instruments entered into or modified after May 31, 2003, and otherwise was effective at the beginning of the first interim period beginning after June 15,2003. The adoption of SFAS No. 150 did not have a material impact on the Company's financial statements. The minority interest holders of a majority-owned subsidiary of Waste Connections have a currently exercisable option (the put oJ?tion) to require Waste Connections to complete the acquisition of this majority-owned subsidiary by purchasing their minority <<; 58 ~ 'I WASTE CONNECTIONS, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (DOLLAR AMOUNTS IN THOUSANDS, EXCEPT SHARE AND PER SHARE AMOUNTS) ownership interests for fair market value. The put option calculates the fair market value of the subsidiary based on its current operating income before depreciation and amortization, as defmed in the put option agreement. The put option does not have a stated termination date. At December 31, 2003, the minority interest holders' pro rata share of the subsidiary's fair market value is estimated to be worth between $65,000 and $80,000. Because the put is exercisable at fair market value, no amounts have been accrued relative to the put option. 2. USE OF ESTIMATES AND ASSUMPTIONS In preparing the Company's financial statements, several estimates and assumptions are made that affect the accounting for and recognition of assets, liabilities, revenues and expenses. These estimates and assumptions must be made because certain of the information that is used in the preparation of the Company's financial statements is dependent on future events, cannot be calculated with a high degree of precision from data available or is simply not capable of being readily calculated based on generally accepted methodologies. In some cases, these estimates are particularly difficult to determine and the Company must exercise significant judgment. The most difficult, subjective and complex estimates and the assumptions that deal with the greatest amount of uncertainty are related to the Company's accounting for landfills and asset impairments and are discussed in Note 1. One additional area that involves estimation is when the Company estimates the amount of potential exposure it may have with respect to litigation, claims and assessments in accordance with SFAS No.5, Accounting for Contingencies. Actual results for all estimates could differ materially from the estimates and assumptions that the Company uses in the preparation of its financial statements. 3. ACQUISITIONS 2002 and 2003 Acquisitions During 2002, the Company acquired 17 non-hazardous solid waste businesses that were accounted for as purchases. Aggregate' lonsideration for the acquisitions consisted of $166,626 in cash (net of cash acquired), $2,217 in notes payable to sellers, common , tock warrants valued at $577 and the assumption of debt and long-term liabilities totaling $73,464. During 2003, the Company acquired 16 non-hazardous solid waste businesses that were accounted for as purchases. Aggregate consideration for the acquisitions consisted of $76,471 in cash (net of cash acquired), common stock warrants valued at $173 and the assumption of debt totaling $23,033. The results of operations of the acquired businesses have been included in the Company's consolidated financial statements from their respective acquisition dates. The purchase prices have been allocated to the identified intangible assets and tangible assets acquired and liabilities assumed based on their estimated fair values at the dates of acquisition, with any residual amounts allocated to goodwill. The purchase price allocations are considered preliminary until the Company is no longer waiting for information that it has arranged to obtain and that is known to be available or obtainable. Although the time required to obtain the necessary information will vary with circumstances specific to an individual acquisition, the "allocation period" for fmalizing purchase price allocations generally does not exceed one year from the consummation of a business combination. As of December 31, 2003, the Company had five acquisitions for which purchase price allocations were preliminary, mainly as a result of pending working capital valuations. The Company believes the potential changes to its preliminary purchase price allocations will not have a material impact on its fmancial condition, results of operations or cash flows. " 59 r~'~---------------- - ----1 WASTE CONNECTIONS, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (DOLLAR AMOUNTS IN THOUSANDS, EXCEPT SHARE AND PER SHARE AMOUNTS) t A summary of the purchase price allocations for acquisitions consummated in 2002 and preliminary purchase price allocations for the acquisitions consummated in 2003 is as follows: 2002 Acquisitions 2003 Acquisitions Acquired assets: Accounts receivable Prepaid expenses and other current assets Property and equipment Goodwill Indefmite-lived intangible assets Long-term franchise agreements and other Non-competition agreements Deferred tax asset Other assets Assumed liabilities: Deferred revenue Accounts payable and accrued liabilities Debt and long-term liabilities assumed Deferred income taxes $ 10,521 $ 1,032 95,285 137,218 6,529 11,216 764 (5,182) (17,048) (73,464) (5,722) 161,149 $ $ 6,076 918 20,768 41,078 325 32,272 364 4,436 4,026 (1,064) (7,398) (23,033) (2,124) 76,644 During the year ended December 31, 2002, the Company paid $8,271 of acquisition-related liabilities accrued at December 31411 2001. During the year ended December 31, 2003, the Company paid $8,384 of acquisition-related liabilities accrued at December 31' 2002. Goodwill acquired in 2002 and 2003 totaling $103,644 and $38,615, respectively, is expected to be deductible for tax purposes. In connection with an acquisition consummated in 2002, the Company is required to pay $2,000 of contingent consideration in cash to the former shareholders which is triggered by the Company obtaining an expansion permit for a landfill acquired. The Company has included in these financial statements the $2,000 contingent cash payment because it considers it beyond a reasonable doubt that the expansion permit for the landfill acquired in 2002 will be obtained. Additionally, at December 31,2003, the Company accrued an $850 liability to former owners of a company acquired in 2003 that was payable in cash based upon the acquired company meeting or exceeding certain revenue targets during the 90 day period following the close of the acquisition. The acquired company met the required revenue targets and the $850 was paid in full in January 2004. The following pro forma results of operations assume that the Company's significant acquisitions occurring in 2002 and 2003, accounted for using the purchase method of accounting, were acquired as of January 1, 2002 (unaudited): Year Ended December 31, 2002 2003 $ 577,248 $ 588,335 56,266 66,520 2.03 2.35 1.92 2.20 Total revenue Net income Basic income per share Diluted income per share 60 t ""~"'- ~ - ~:. WASTE CONNECTIONS, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (DOLLAR AMOUNTS IN THOUSANDS, EXCEPT SHARE 1\ND PER SHARE AMOUNTS) The unaudited pro fonna results do not purport to be indicative of the results of operations which actually would have resulted had the acquisitions occurred on January 1,2002, nor are they necessarily indicative offuture operating results. 4. INTANGIBLE ASSETS Intangible assets, exclusive of goodwill, consisted of the following at December 31, 2003: Gross Carrying Amount Amortizable intangible assets: Long-tenn franchise agreements and contracts Non-competition agreements Other, net Accumulated Amortization Net Carrying Amount $ 46,810 $ (1,994) $ 44,816 3,986 (2,551 ) . 1,435 2,415 (917) 1,498 53,211 (5,462) 47,749 17,035 17,035 70,246 $ (5,462) $ 64,784 Nonamortized intangible assets: Indefinite-lived intangible assets Intangible assets, exclusive of goodwill $ The weighted-average amortization periods of long-tenn franchise agreements and non-competition agreements acquired during the year ended December 31, 2003 are 37.5 and 5 years, respectively. , Intangible assets, exclusive of goodwill, consisted of the following at December 31, 2002: Gross Carrying Amount Amortizable intangible assets: Long-tenn franchise agreements and contracts Non-competition agreements Other, net Accumulated Amortization Net Carrying Amount $ 14,552 $ (1,064) $ 13,488 3,622 (1,983) 1,639 2,400 (740) 1,660 20,574 (3,787) 16,787 16,711 16.711 37,285 $ (3,787) $ 33,498 Nonamortized intangible assets: Indefinite-lived intangible assets Intangible assets, exclusive of goodwill $ The weighted-average amortization periods of long-tenn franchise agreements and non-competition agreements acquired during the year ended December 31, 2002 are 38.4 and 5 years, respectively. The amounts assigned to indefinite-lived intangible assets consist of the value of certain perpetual rights to provide solid waste collection and transportation services in specified territories. These indefmite-lived intangible assets were subject to amortization prior to the Company's adoption of SF AS No. 142. Estimated future amortization expense for the next five years of amortizable intangible assets is as follows: . 61 WASTE CONNECTIONS, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (DOLLAR AMOUNTS IN THOUSANDS, EXCEPT SHARE AND PER SHARE AMOUNTS) , For the year ended December 31, 2004 For the year ended December 31, 2005 For the year ended December 31, 2006 For the year ended December 31, 2007 For the year en<ted December 31, 2008 $ 2,154 2,037 1,853 1,615 1,504 Total goodwill amortization expense for the year ended December 31, 2001 was $9,581. Total amortization expense for intangible assets was $870, $1,351 and $1,677 for the years ended December 31,2001,2002 and 2003, respectively. 5. PROPERTY AND EQUIPMENT Property and equipment consists of the following: Landfill site costs Rolling stock Land, buildings and improvements Containers Machinery and equipment December 31, 2002 2003 $ 412,226 $ 429,838 102,756 126,748 64,299 72,463 57,365 66,711 50,926 69,668 687,572 765,428 (109,532 ) (152,203 ) $ 578,040 $ 613,225 t, Less accumulated depreciation and depletion The Company's landfill depletion expense for the years ended December 31, 2001, 2002 and 2003 was $8,008, $12,123, and $13,618, respectively.' 6. OTHER ASSETS Other assets consist of the following: Restricted cash Deferred financing costs Investment in unconsolidated entity Other December 31, 2002 2003 $ 11,314 $ 17,734 12,270 13,961 5,300 1,578 1,874 $ 25,162 $ 38,869 Restricted cash is included as part of other assets and generally consists of amounts on deposit with various banks that support the Company's financial assurance obligations for its landfill facilities' closure and post-closure costs and amounts outstanding under various municipal debt obligations. f' 62 ~--~"'''-='''--~''''~~~~''--<--~~~""","--=-~"",--"-~---~--~~,-,,,"",,-- --. ~~il ~: WASTE CONNECTIONS, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (DOLLAR AMOUNTS IN THOUSANDS, EXCEPT SHARE AND PER SHARE AMOUNTS) 7. ACCRUED LIABILITIES Accrued liabilities consist of the following: Income taxes Payroll and payroll-related Interest payable Insurance claims Acquisition-related Interest rate swaps Other December 31, 2002 2003 $ 11 ,996 $ 4,784 7,137 5,783 4,201 4,422 4,038 8,611 11,017 3,232 3,996 3,520 5,088 $ 45,905 $ 31,920 8. LONG-TERM DEBT Long-term debt consists of the following: l}I' t~: , Revolver under Credit Facility Term Loan under Credit Facility 2006 Convertible Subordinated Notes 2022 Floating Rate Convertible Subordinated Notes 200 1 Wasco Bonds California Tax-Exempt Bonds Notes payable to sellers in connection with acquisitions, unsecured, bearing interest at 5.0% to 9.0%, principal and interest payments due periodically with due dates ranging from 2004 to 2012 Notes payable to third parties, secured by substantially all assets of certain subsidiaries of the Company, bearing interest at 3.0% to 11.0%, principal and interest payments due periodically with due dates ranging from 2004 to 2010 $ December 31, 2002 2003 216,000 $ 53,000 175,000 150,000 175,000 13,600 28,970 150,000 175,000 13,600 8,945 5,357 5,356 Less - current portion 13,225 582,127 (3,646 ) 578,481 $ 10,705 611,631 (9,740 ) 601,891 $ Credit Facility In 2000, the Company entered into a revolving credit facility with a syndicate of banks for which Fleet Boston Financial Corporation acted as agent. Under the credit facility, the Company could borrow up to $435,000. In October 2003, the Company amended its Credit Facility to increase the maximum borrowings to $575,000. This new credit facility consists of a $400,000 senior secured revolving credit facility with a syndicate of banks for which Fleet National Bank acts as agent, and a $175,000 senior secured term loan. As of December 31, 2002, the Company had an aggregate of $216,000 outstanding under the credit facility, exclusive of . 63 [~--- "."." WASTE CONNECTIONS, INe. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (DOLLAR AMOUNTS IN THOUSANDS, EXCEPT SHARE AND PER SHARE AMOUNTS) ~ outstanding stand-by letters of credit of $23,638. As of December 31, 2003, $228,000 was outstanding under the credit facilIty as follows: $175,000 was outstanding under the semor secured term loan and $53,000 was outstanding under the senior secured revolving credit facility, exclusive of outstanding stand-by letters of credit of $45,905. The senior secured revolving credit facility requires monthly 10terest payments and matures in October 2008. The senior secured term loan requires annual principal payments equal to 1 % of the notional balance at the end of years one through six with all remaining outstanding amounts due October 2010. Under the new credit facIlity, there is no maximum amount of stand-by letters of credit that can be Issued; however, the issuance of stand-by letters of credit reduces the amount of total borrowings available. The new credit facility requires the Company to pay a commitment fee ranging from 0.25% to 0.50% of the unused portion of the new credit facility. The Company is able to increase the maximum borrowings under the new credit facility to $675,000, although no existing lender will have any obligation to increase its commitment, provided that no event of default, defined in the new credit facility, has occurred. The borrowings under the new credit facility bear interest at a rate per annum equal to, at the Company's discretion, either the Fleet National Bank Base Rate plus applicable margin (5.0% and 4.5% as of December 31, 2002 and 2003, respectively), or the LIBOR rate plus applicable margin (approximately 3.7% and 3.2% as of December 31, 2002 and 2003, respectively). The applicable margin under the revolving credit facility varies depending on the Company's leverage ratio. The applicable margin on the term loan is 50 basis points in the case of loans based on the Base Rate and 200 basis points 10 the case of loans based on the LIB OR rate. Virtually all of the Company's assets, including its interest in the equity securities of its subsidiaries, secure its obligations under the new credit facility. The new credit facility places certain business, financial and operating limitations on the Company relating to, among other things, the incurrence of additional indebtedness, investments, acquisItions, asset sales, mergers, dividends, distributions and repurchases and redemption of capital stock. The new credit facility does permit redemption of the 2006 Notes. The new credit facility also requires that specified financial ratios and balances be ma1Otained. As of December 31, 2002 and 2003, the Company was in compliance with all applicable covenants in its then outstanding credit facility. 5.5% Convertible Subordinated Notes Due 2006 In April 2001, the Company issued 5.5% Convertible Subordinated Notes due April 2006 (the "2006 Convertible SubordinattA Notes") with an aggregate pr10cipal amount of $150,000 in a Rule 144A offering. The 2006 Convertible Subordinated Notes aTl unsecured, rank junior to existing and future Senior Indebtedness, as defined in the indenture governing the notes, and are convertible at any time at the option of the holder into common stock at a conversion price of $38.03 per share. The notes are callable by the Company beginning April 2004 at an early call premium of 102.2%. The proceeds from the sale of the 2006 Convertible Subordinated Notes were used to repay a portion of the outstanding indebtedness and related costs under the Credit Facility. Floating Rate Convertible Subordinated Notes due 2022 In April 2002, Waste Connections issued Floating Rate Convertible Subordinated Notes due 2022 (the "2022 Floating Rate Convertible Subordinated Notes") with an aggregate principal amount of $175,000 in a Rule 144A offering. The 2022 Floating Rate Convertible Subordinated Notes are unsecured and rank pan passu with the Company's 2006 Convertible Subordinated Notes and junior to all other existing and future senior indebtedness, as defined in the indenture governing the 2022 Floating Rate Convertible Subordinated Notes. The 2022 Floating Rate Convertible Subordinated Notes bear interest at the 3-month LIBOR rate plus 50 basis points, payable quarterly. The holders may surrender notes for conversion into common stock at a conversion price of $48.39 per share on or after August 1, 2002, but prior to the maturity date, only if any of the following conditions are satisfied: (a) the closing sale price per share of the Company's common stock for at least 20 trading days 10 the period of 30 consecutive trading days ending on the last trading day of the calendar quarter preceding the calendar quarter in which the conversion occurs is more than 110% of the conversion price per share on that thirtieth trad10g day; (b) during such period, if any, that the credit ratings assigned to the 2022 Floating Rate Convertible Subordinated Notes by Moody's Investors Service, Inc. and Standard & Poor's Rating Group (the "Rating Agencies") are reduced below B3 or B-, respectively; (c) if neither Rating Agency is rating the 2022 Floating Rate Convertible Subordinated Notes; (d) during the five business day penod after any nine consecutive trading day penod in which the trading price of the 2022 Floating Rate Convertible Subordinated Notes (per $1 principal amount) for each day of such period is less than 95% of the product of the closing sale price of the Company's common stock multiplied by the number of shares Issuable upon conversion of $1 prinCipal amount of the , t 64 ~~~""" =_"'~4 "" - - "-'" -''-~-:-'''';;''';~-~-~-~~-.-;c~___''''~''''''''-,""--_''_''''''~_r''''~~__._",~"_ _~__ ~~ ~___~____~.~..-~ ~'.) ~, WASTE CONNI;:CTIONS, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (DOLLAR AMOUNTS IN THOUSANDS, EXCEPT SHARE AND PER SHARE AMOUNTS) 2022 Floating Rate Convertible Subordinated Notes; (e) upon the occurrence of specified corporate transactions; or (f) if the 2022 Floating Rate Convertible Subordinated Notes have been called for redemption and the redemption has not yet occurred. The Company may redeem all or a portion of the 2022 Floating Rate Convertible Subordinated Notes for cash at any time on or after May 7, 2006. Holders of the 2022 Floating Rate Convertible Subordinated Notes may require the Company to purchase their notes in cash at a price of par plus accrued interest, if any, upon a change in control of the Company, as defined in the indenture, or on any of the following dates: May 1, 2009, May 1, 2012 and May 1, 2017. The net proceeds from the sale of the 2022 Floating Rate Convertible Subordinated Notes were used to repay a portion of the outstanding indebtedness under the Company's credit facility. Wasco Bond In December 1999, the Company completed a $13,600 tax-exempt bond financing for its Wasco subsidiary (the "Wasco Bond"). These funds were used for the acquisition, construction, furnishing, equipping and improving of a landfill located in Wasco County, Oregon (the "Landfill Project"). In March 2001, the Company refmanced the Wasco Bond by completing $13,600 of tax-exempt revenue bond financing through the issuance of three bonds (the "2001 Wasco Bonds"). The Company incurred debt extinguishment costs of$I44, net of tax, related to this refinancing. The 2001 Wasco Bonds consist of$I,040 of 6.5% term bonds due March 1,2004, $4,085 of 7.0% term bonds due March 1, 2012 and $8,475 of 7.25% term bonds due March 1, 2021. On an annual basis, the Company is required to remit sinking fund payments to a restricted cash account held by a trustee. The sinking fund requirement in 2002 and 2003 were $325 and $345, respectively. The total future sinking fund requirements are as follows: $370 in 2004, $395 in 2005, $425 in 2006, $455 in 2007, $485 in 2008 and $10,800 thereafter. Until used to repay outstanding principal on the bonds, these sinking fund payments are classified as restricted cash and mcluded in other assets in the accompanying consolidated balance sheet. !. .a1ifOrnia Tax-Exempt Bonds In June 1998, the Company completed.a $1,800 tax-exempt bond financing for its Madera subsidiary (the "Madera Bond"). These funds were used for specified capital expenditures and improvements, including installation of a landfill gas recovery system. The bonds mature on May 1, 2016 and bear interest at variable rates based on market conditions for California tax-exempt bonds (approximately 1.8% and 1.3% at December 31,2002 and 2003, respectively). The bonds are backed by a letter of credit issued by Fleet Boston Financial Corporation under the Credit Facility for $1,829. In July 1998 and May 1999, Cold Canyon Landfill, Inc. and South County Sanitary Service, Inc., wholly-owned subsidiari(\s of the Company acquired in 2002, received a total of $9,490 from the issuance of tax-exempt ,bond financing (the "Cold Canyon and South County Bonds") through the California Pollution Control Financing Authority. These funds were used for specified capital expenditures and improvements. The outstanding balance of the Cold Canyon and South County Bonds was $7,145 at December 31, 2003 with scheduled principal maturities of$I,300 in May 2006 and $5,845 in July 2008. The Cold Canyon and South County Bonds bear interest at vanable rates based on market conditions for California tax-exempt bonds (approximately 1.8% and 1.3% at December 31,2002 and 2003, respectively) and are backed by a letter of credit issued by Fleet Boston Financial Corporation under the Credit Facility for $7,246. In June 1999, GreenWaste of Tehama, a wholly-owned subsidiary of the Company acquired in 2003, received a total of $3,435 from the issuance of tax-exempt bond financing (the "Tehama Bonds") through California Pollution Control Financing Authority. These funds were used to finance improvements to and expansion of certain solid waste disposal facilities. The outstanding balance of the Tehama bonds was $2,060 at December 31, 2003. The bond bears interest at variable rates based on market conditions for California tax-exempt bonds (approximately 1.3% at December 31,2003). On an annual basis, the Company is reqUIred to remit sinking fulld payments to a restricted cash account held by a trustee. There was not a sinking fund requirement in 2003. The total future sinking fund requirements are as follows: $430 in 2004, $455 in 2005, $475 in 2006, $60 in 2007, $60 in 2008 and $580 thereafter. Until used to repay outstanding principal on the bonds, these sinking fund payments are classified as restricted cash and included in other assets in the accompanying consolidated balance sheet. . 65 F;-:-- ...-. 'u,... _1 WASTE CONNECTIONS, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (DOLLAR AMOUNTS IN THOUSANDS, EXCEPT SHARE AND PER SHARE AMOUNTS) t In August 1997 and October 2001, GreenTeam of San Jose, a wholly-owned subsidiary of the Company acquired in 2003, received a total of $18,040 from the issuance of tax-exempt bond financing (the "San Jose Bonds") through California Pollution Control Financing Authority. These funds are used for specified capital expenditures and improvements. The outstanding balance of the San Jose bonds was $17,965 at December 31, 2003. The bonds bear interest at variable rates based on market conditions for California tax-exempt bonds (approximately 1.3% at December 31, 2003). On an annual basis, the Company is required to remit sinking fund payments to a restricted cash account held by a trustee. There was not a sinking fund requirement in 2003. The total future sinking fund requirements are as follows: $1,960 in 2004, $2,080 in 2005, $2,180 in 2006, $2,305 in 2007, $2,420 in 2008 and $7,020 thereafter. Until used to repay outstanding principal on the bonds, these sinking fund payments are classified as restricted cash and included in other assets in the accompanying consolidated balance sheet. The Company. has a total of $28,970 of tax-exempt bonds at December 31, 2003 that mature through 2016 that are remarketed weekly by a remarketing agent to effectively maintain a variable yield. If the remarketing agent is unable to remarket the bonds, then the remarketing agent can put the bonds to the Company. The Company has obtained stand-by letters of credit, issued under its senior secured revolving credit facility, to guarantee repayment of the bonds in this event. The Company classified these borrowings as 10ng- term at December 31,2003 because the borrowings are supported by stand-by letters of credit issued under the Company's senior secured revolving credit facility which is long-term. Interest Rate Swaps In December 2000, the Company restructured two existing interest rate swap agreements, extending their maturity through December 2003 and removing the embedded option features of the agreements. As of December 31, 2000, the Fleet Boston swap had a notional amount of $125,000 at a fixed rate of 6.17% plus applicable margin and the Union Bank of California swap had a notional amount of $125,000 at a fixed rate of 7.01 % plus applicable margin. In March 2001, $110,000 of the notional amount under the Union Bank of California swap was terminated because the Company used the proceeds from its Convertible Subordinated Not4 offering to repay $110,000 of the LIBOR note, the cash flows of which this swap was designated to hedge. The Company made a cas! payment of$6,337 to terminate the swap in 2001. At December 31, 2003, the Company's derivative instruments consisted of two forward-starting interest rate swap agreements, entered into in May 2003. Each interest rate swap agreement has a notional amount of $87,500 and effectively fixes the interest rate on the notional amount at interest rates ranging from 2.67% to 2.68%, plus applicable margin. The effective date of the swap agreements is February 2004 and each swap agreement expires in February 2007. These interest rate swap agreements are effective as cash flow hedges for a portion of the Company's variable rate debt and the Company applies hedge accounting pursuant to SFAS No. 133 to account for these instruments. The notional amounts and all other significant terms of the swap agreements are closely matched to the provisions and terms of the variable rate debt being hedged. As of December 31, 2003, aggregate contractual future principal payments by calendar year on long-term debt are due as follows: 2004 $ 9,740 2005 7,395 2006 157,871 2007 6,240 2008 66,720 Thereafter 363,665 $ 611,631 t 66 -i; '..:;- tk <'-<- _ ~ -- - -,e> ' - __"'~~__ ~~ __....~~.r"'~'""'~_ ~~_____~_~o____""_~_,~_~~____ ____ ~, . WASTE CONNECTIONS, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (DOLLAR AMOUNTS IN THOUSANDS, EXCEPT SHARE AND PER SHARE AMOUNTS) 9. COMMITMENTS AND CONTINGENCIES COMMITMENTS Leases The Company leases its facilities and certain equipment under non-cancelable operating leases for periods ranging from one to ten years. The Company's total rent expense under operating leases during the years ended December 31, 2001, 2002 and 2003 was $2,699, $4,493, and $4,687, respectively. As of December 31, 2003, future minimum lease payments under these leases, by calendar year, are as follows: 2004 $ 3,980 2005 3,468 2006 2,804 2007 2,391 2008 2,222 Thereafter 12,191 $ 27,056 Financial Surety Bonds The Company uses fmancial surety bonds for a variety of corporate guarantees. The two largest uses of fmancial surety bonds are "r municipal contract performance guarantees and landfill closure and post-closure financial assurance required under certain .nvironmental regulations. Environmental regulations require demonstrated fmancial assurance to meet closure and post-closure requirements for landfills. In addition to surety bonds, these requirements may also be met through alternative financial assurance instruments, including insurance, letters of credit and restricted cash deposits. At December 31, 2002 and 2003, the Company had provided customers and various regulatory authorities with surety bonds in the aggregate amount of approximately $36,300 and $54,495, respectively, to secure its landfill closure and post-closure r~quirements and $27,800 and $37,795, respectively, to secure performance under collection contracts and landfill operating agreements. In August 2003, the Company paid $5,300 to acquire a 9.9% interest in a company that, among other activities, issues financial surety bonds to secure landfill closure and post-closure obligations for companies operating in the solid waste industry. The Company accounts for this investment under the cost method of accounting. At December 31, 2003, this investee company had written $17,815 of the Company's financial surety bonds for landfill closure and post-closure obligations. The Company's r~imbursement obligations under these bonds are secured by a pledge of its stock in the investee company. Unconditional Purchase Obligation The Company has an unconditional obligation to purchase diesel fuel under a 24 month agreement expiring on December 31, 2005. The total minimum amount of diesel fuel to be purchased under the agreement is $20,526. CONTINGENCIES Environmental Risks The Company is subject to liability for any environmental damage that its solid waste facilities may cause to neighboring landowners or residents, particularly as a l'esult of the contamination of soil, groundwater or surface water, and especially drinking ~ WASTE CONNECTIONS, INe. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (DOLLAR AMOUNTS IN THOUSANDS, EXCEPT SHARE AND PER SHARE AMOUNTS) c water, including damage resulting from conditions existing prior to the acquisition of such facilities by the Company. The Company may. also be subject to liability for any off-site environmental contamination caused by pollutants or hazardous substances whose transportation, treatment or disposal was arranged by the Company or its predecessors. Any substantial liability for environmental damage incurred by the Company could have a material adverse effect on the Company's financial condition, results of operations or cash flows. As of December 31, 2003, the Company is not aware of any sigmficant environmental liabilities. Legal Proceedings The Company owns undeveloped property in Harper County, Kansas where it is seeking permits to construct and operate a municipal solid waste landfill. In 2002, the Company received a special use permit from Harper County for zoning the landfill and in 2003 it received a draft permit from the Kansas Department of Health and Environment to construct and operate the landfill. In July 2003, the District Court of Harper County invalidated the previously issued zoning permit. The Company has appealed the District Court's decision to invalidate the zoning permit. The Kansas Department of Health and Environment has notified the Company that it will not issue a final permit to construct and operate the landfill until the zoning matter is resolved. At December 31, 2003, the Company had $3,900 of capitalized expenditures related to this landfill development project. Based on the advice of counsel, the Company believes that it will prevail in this matter and does not believe that an impairment of the capitalized expenditures exists. If the Company does not prevail on appeal, however, it will be required to expense in a future period the $3,900 of capitalized expenditures, less the recoverable value of the undeveloped property and other amounts recovered, which would likely have a material adverse effect on its reported income for that period. The Company. is primarily self-insured for automobile liability, general liability and workers' compensation claims. The Company is a party to various claims and suits pending for alleged damages to persons and property and alleged liabilities occurring during the normal operations of the solid waste management business. On October 31, 2003, the Company's subsidiary, Waste Connections of Nebraska, Inc., was named as a defendant in the case of Karen Colleran, Conservator of the Estate of Robert Rooney v. Waste Connections of Nebraska, Inc. The plaintiff seeks recovery for damages allegedly suffered by Father Robert Rooney when the bicyc~ he was riding collided with one of the Company's garbage trucks. The complaint alleges that Father Rooney suffered serious bodil' injury, including traumatic brain injury. The plaintiff seeks recovery of past medical expenses of approximately $430 and an unspecified amount for future medical expenses, and home healthcare, past pain and suffering, future pain and suffering, lost income, loss of earning capacity, and permanent injury and disability. The Company's primary defense is that the plaintiff is not entitled to any damages under Nebraska law, where the accident occurred, because the negligence of Father Rooney was equal to or greater than any negligence on the part of the driver, and the Company intends to defend this case vigorously. This case is in the preliminary stages of discovery and the Company has not accrued any potential loss as of December 31, 2003; however, an adverse outcome in this case coupled with a significant award to the plaintiff could have a material adverse effect on the Company's reported income in the period incurred. In the normal course of its business and as a result of the extensive governmental regulation of the solid waste industry, the Company is subj~ct to various judicial and administrative proceedings involving federal, state or local agencies. In these proceedings, an agency may seek to impose fines on the Company or to revoke or deny renewal of an operating permit held by the Company. From time to time the Company may also be subject to actions brought by citizens' groups or adjacent landowners or residents in connection with the permitting and licensing of landfills and transfer stations, or alleging environmental damage or violations of the permits and licenses pursuant to which the Company operates. In addition, the Company is a party to various claims and suits pending for alleged damages to persons and property, alleged violations of certain laws and alleged liabilities arising out of matters occurring during the normal operation of the waste management business. However, as of December 31, 2003 there is no current proceeding or litigation involving the Company that the Company believes will have a material adverse impact on its business, financial condition, results of operations or cash flows. -I 68 ~. WASTE CONNECTIONS, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (DOLLAR AMOUNTS IN THOUSANDS, EXCEPT SHARE AND PER 'SHARE AMOUNTS) Guarantees The Company has guaranteed the tax-exempt bonds for its Wasco subsidiary. If this subsidiary fails to meet its obligations associated with tax-exempt bonds as they come due, the Company will be required to perform under the related guarantee agreement. No additional liability has been recorded for these guarantees because the underlying obligations are reflected in the Company's consolidated balance sheets. See Note 8 for information on the Wasco tax-exempt bond balances and maturities. 10. STOCKHOLDERS' EQUITY Common Stock Of the 21,333,212 shares of common stock authorized but unissued as of December 31, 2003, the following shares were reserved for issuance: Stock option plans 2006 Convertible Subordinated Notes 2022 Floating Rate Convertible Subordinated Notes Consultant Incentive Plan Stock purchase warrants Restricted stock plan 6,537,795 3,944,775 3,616,445 500,000 120,333 90,025 14,809,373 . IReStricted Stock ~ ~ . f " During 2002, the Company's Board of Directors adopted the 2002 Restricted Stock Plan (the "Restricted Stock Plan") in which selected employees, other than officers and directors, may participate. Restricted stock awards under the Restricted Stock Plan mayor may not require a cash payment from a participant to whom an award is made. The awards become free of the stated restrictions over periods determined at the date of the grant, subject to continuing employment, the achievement of particular performance goals and/or the satisfaction of certain vesting provisions applicable to each award of shares. The Board of Directors currently administers the Restricted Stock Plan. The Board of Directors authorizes the grant of any stock awards and determines the employees to whom shares are awarded, number of shares to be awarded, award period and other terms and conditions of the awards. Shares of restricted stock may be forfeited and revert to the Company if a plan participant resigns from Waste Connections and its subsidiaries, is terminated for cause or violates the terms of any noncompetition or nonsolicitation agreements to which that plan participant is bound (if such plan participant has been terminated without cause). A total of 95,000 shares were reserved for issuance under the Restricted Stock Plan. During the years ended December 31, 2002 and 2003, the Company issued 23,003 and 1,300 shares of restricted stock, with grant-date fair values of $35.28 and $36.63 per share, respectively, to selected employees. The total fair value of the issued restricted stock was $812 and $48 for the years ended December 31, 2002 and 2003, respectively, and is being amortized to expense over the three-year restriction period. During 2003, a portion of the restricted stock granted in 2002 became free of restrictions, resulting in the issuance of 4,975 shares of common stock. Stock Options In 1997, the Company's Board of Directors adopted a stock option plan in which all officers, employees, directors and consultants may participate (the "1997 Option Plan"). Options granted under the 1997 Option Plan may either be incentive stock optiQns or nonqualified stock options, generally have a term of 10 years from the date of grant, and will vest over periods determined at the date of grant. The exercise prices of the options are determined by the Company's Board of Directors and will be at least 100% or 110% of the fair market value of the Company's common stock on the date of grant as provided for in the Option Plan. .~ t~ 69 ~:- WASTE CONNECTIONS, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (DOLLAR AMOUNTS IN THOUSANDS, EXCEPT SHARE AND PER SHARE AMOUNTS) f The 1997 Option Plan provides for the reservation of common stock for issuance thereunder equal to 3,500,000 shares. The amount of common stock reserved for issuance under the 1997 Option Plan is decreased for options exercised and increased for previously granted options that have been forfeited or cancelled. As of December 31, 2003, options for 64,006 shares of common stock were available for future grants under the 1997 Option Plan. In 2002, the Company's Board of Directors authorized two additional equity-based compensation plans: the 2002 Stock Option Plan and 2002 Senior Management Equity Incentive Plan. A total of 2,500,000 shares of the Company's common stock were reserved for future issuance under the 2002 Stock Option Plan. Participation in the 2002 Stock Option Plan is limited to consultants and employees, other than officers and directors. Options granted under the 2002 Stock Option Plan are nonqualified stock options and have a term of no longer than ten years from the date they are granted. Options generally become exercisable in installments pursuant to a vesting schedule set forth in each option agreement. The Board of Directors authorizes the granting of options and determines the employees and consultants to whom options are to be granted, the number of shares subject to each option, the exercise price, option term, vesting schedule and other terms and conditions of the options. A total of 3,000,000 shares of the Company's common stock were reserved for future issuance under the 2002 Senior Management Equity Incentive Plan. The Company's stockholders approved the 2002 Senior Management Equity Incentive Plan on May 16, 2002. Participation in the 2002 Senior Management Equity Incentive Plan is limited to officers and directors of the Company. Options granted under the 2002 Senior Management Equity Incentive Plan may be either incentive stock options or non-qualified stock options. As of December 31, 2003, options for 965,061 and 1,885,000 shares of common stock were available for future grants under the 2002 Stock Option Plan and 2002 Senior Management Equity Incentive Plan, respectively. As of December 31, 2001, 2002, and 2003, a total of 521,396, 690,577, and 940,367 options to purchase common stock were exercisable under all stock option plans, respectively. A summary of the Company's stock option activity and related information for the years ended December 31, 2001, 2002 an~ 2003 is presented below: . Outstanding as of December 31, 2000 Granted Forfeited Exercised Outstanding as of December 31, 2001 Granted Forfeited Exercised Outstanding as of December 31, 2002 Granted Forfeited Exercised Outstanding as of December 31, 2003 Number of Shares (Options) 1,464,251 1,050,050 (55,597 ) (556,835 ) 1,901,869 1,530,589 (112,161 ) (616,670 ) 2,703,627 1,643,750 (113,066) (610,583) 3,623,728 70 Weighted Average Exercise Price $ 13.65 25.26 20.58 13.33 20.00 25.91 26.09 17.12 23.79 32.70 28.80 20.10 28.29 t- ,. I~ I, ~. WASTE CONNECTIONS, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (DOLLAR AMOUNTS IN THOUSANDS, EXCEPT SHARE AND PER SHARE AMOUNTS) The following table summarizes information about stock options outstanding as of December 31, 2003: Shares 2,500 118,666 1,411,217 2,091,345 3,623,728 Options Outstanding Weighted Average Remaining Contractual Life (In Years) 6.4 5.3 7.6 9.0 8.3 Options Exercisable Exercise Price $3.50 to 5.00 $10.25 to 12.00 $16.81 to 25.06 $25.31 to 37.75 Weighted Average Exercise Price $ 3.80 11.00 24.11 32.13 28.29 Shares 500 118,666 578,343 242,858 940,367 Weighted Average Exercise Price $ 5.00 11.00 23.90 31.11 24.12 Stock Purchase Warrants In 2002, the Company's Board of Directors authorized the 2002 Consultant Incentive Plan (the "Consultant Incentive Plan"), under which warrants to purchase the Company's common stock may be issued to certain consultants to the Company. Warrants awarded under the Consultant Incentive Plan are subject to a vesting schedule set forth in each warrant agreement. Historically, warrants issued have been fully vested and exercisable at the date of grant. The Board of Directors authorizes the issuance of warrants and determines the consultants to whom warrants are to be issued, the number of shares subject to each warrant, the purchase price, I ~xercise date and period, warrant term and other terms and conditions of the warrants. The Board reserved 500,000 shares of the I \~ompany's common stock for future issuance under the Consultant Incentive Plan. The Company issued 400 and 41,600 warrants under the Consultant Incentive Plan during the years ended December 31, 2002 and 2003, respectively. The following table summarizes information about warrants outstanding as of December 31, 2002 and 2003: Issue Warrants Exercise Fair Value Outstanding at December 31, Date Issued Pnce of Warrants 2002 2003 Warran~issuedinconnection with an acquisition February 1998 200,000 $ 4.00 $ 954 73,333 73,333 Warrants issued to third-party acquisition consultants Throughout 2001 11,499 28.28 to 33.45 104 11,429 Warrants Issued to third-party acquisition consultan~ Throughout 2002 64,610 26.75 to 37.00 577 64,610 52,400 Warran~ issued to employees Throughout 2003 600 33.66 to 35.00 17 600 Warran~ issued to third-party acquisition consultants Throughout 2003 41,000 28.45 to 35.77 173 41,000 149,372 167,333 The warrants are exercisable when granted and expire between 2003 and 2008. Warrants issued to employees and third-party acquisition consultants are valued using the Black-Scholes pricing model with assumed stock price volatility and risk-free interest rates similar to those used for stock options, and with an expected life of 2 years. ~. 71 ~----~------- ------------- - -- ----- WASTE CONNECTIONS, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (DOLLAR AMOUNTS IN THOUSANDS, EXCEPT SHARE AND PER SHARE AMOUNTS) t,' .~ Warrants issued to third-party acquisition consultants are recorded as an element of the related cost of acquisitions. Warrants issued to employees are charged to expense. 11. COMPREHENSIVE INCOME Comprehensive income, as defined, includes all changes in equity (net assets) during a period from non-stockholder sources. The components of other comprehensive income (loss) and related tax effects for the years ended December 31, 2001, 2002 and 2003 are as follows: Year Ended December 31. 2001 Gross Tax effect Net of tax Cumulative effect of accounting change $ (5,940) $ 2,340 $ (3,600) Amounts reclassified into earnings 9,648 (3,801) 5,847 Changes in fair value of interest rate swaps (11,852) 4,670 (7,182) $ (8,144) $ 3,209 $ (4,935) Year Ended December 31. 2002 Gross Tax effect Net of tax Amounts reclassified into earnings $ 6,404 $ (2,402) $ 4,002 Changes in fair value of interest rate swaps (4,653) 1,590 (3,063) $ 1,751 $ (812) $ 939 Year Ended December 31. 2003 fi Gross Tax effect Net of tax Amounts reclassified into earnings $ 6,667 $ (2,467) $ 4,200 Changes in fair value of interest rate swaps 366 (167) 199 $ 7,033 $ (2,634) $ 4,399 In March 2001, the Company determined that the debt, the specific cash flows of which an interest rate swap was designated to hedge, would be repaid prior to its due date as a result of the convertible subordinated debt offering (Note 8); therefore, it was probable that the future variable interest payments under the related debt (the hedged transactions) would not occur and accordingly, unrealized losses of $6,337 in other comprehensive income related to the swap were reclassified into earnings. The interest rate swap was terminated for a cash payment equal to its then fair value of $(6,337). The estimated net amount of the existing unrealized gains as of December 31, 2003 (based on the interest rate yield curve at that date) included in accumulated other comprehensive income expected to be reclassified into pre-tax earnings within the next 12 months is $0. The timing of actual amounts reclassified into earnings is dependent on future movements in interest rates. f 72 I. WASTE CONNECTIONS, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS . (DOLLAR AMOUNTS IN THOUSANDS, EXCEPT SHARE AND PER SHARE AMOUNTS) 12. INCOME TAXES The provision for income taxes before the cumulative effect of the change in accounting principle for the years ended December 31, 2001, 2002 and 2003 consists of the following: Year Ended December 31, 2001 2002 2003 Current: Federal $ 6,792 $ 21,151 $ 8,334 State 578 1,830 1,112 Deferred: Federal 12,388 9,293 26,844 State 54 839 1,109 $ 19,812 $ 33,113 $ 37,399 Significant components of deferred income tax assets and liabilities are as follows as of December 31, 2002 and 2003: 2002 2003 Deferred income tax assets: Accounts receivable reserves $ 951 $ 963 Accrued expenses 934 1,305 . State taxes 102 r Net operating losses from acquired subsidiaries 4,436 . ~ Other 837 1,294 Total deferred income tax assets: 2,824 7,998 Deferred income tax liabilities: Net asset basis difference in non-taxable acquisitions (59,454 ) (61,332 ) Amortization (9,393 ) (24,462 ) Depreciation (26,336 ) (37,000 ) Other liabilities (33 ) (1,706 ) Prepaid expenses (2,151 ) (3,660 ) Total deferred income tax liabilities (97,367 ) (128,160 ) Net deferred income tax liability $ (94,543 ) $ (120,162 ) During the years ended December 31, 2002 and 2003, the Company reduced its taxes payable by $3;572 and $3,078, respectively, as a result of the exercise of non-qualified stock options and the disqualifying disposition of incentive stock options. These amounts were recorded in additional paid-in capital. -:jl'~. )' , _ 7 "_ 73 WASTE CONNECTIONS, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (DOLLAR AMOUNTS IN THOUSANDS, EXCEPT SHARE AND PER SHARE AMOUNTS) t The differences between the Company's provision for income taxes as presented in the accompanying statements of operations and benefit for income taxes computed at the federal statutory rate consist of the items shown in the following table as a percentage of pre- tax income: Income tax provision at the statutory rate State taxes, net of federal benefit Goodwill amortization Other Year Ended December 31, 2001 2002 2003 35.0% 35.0% 35.0% 2.0 2.2 1.1 1.5 0.9 39.4% 0.2 37.4% 0.2 36.3% At December 31, 2003, the Company had approximately $12,000 of federal and state net operating loss ("NOL") carryforwards. The federal and state NOL carryforwards have expiration dates through the year 2022. While we expect to realize the deferred tax assets, ~hanges in estimates of future taxable income or in tax laws may alter this expectation. 13. NET INCOME PER SHARE INFORMATION The following table sets forth the calculation of the numerator and denominator used in the computation of basic and diluted net income per share for the years ended December 31, 2001, 2002 and 2003: Year Ended' December 31, 2001 2002 2003 f Numerator: Net income for basic earnings per share $ 30,528 $ 55,466 $ 65,596 Interest expense on 2006 Convertible Subordinated Notes, net of tax effects 5,852 5,902 Net income for diluted earnings per share $ 30,528 $ 61,318 $ 71,498 Denominator: Basic shares outstanding 27,069,685 27,750,642 28,327,296 Dilutive effect of 2006 Convertible Subordinated Notes 3,944,775 3,944,775 Di1utive effect of stock options and warrants 605,954 628,954 595,888 Dilutive effect of restricted stock 1,253 3,693 Diluted shares outstanding 27,675,639 32,325,624 32,871,652 The Company's 2006 Convertible Subordinated Notes are convertible at any time at the option of the holders into a total of 3,944,775 shares of common stock. These shares have not been included in the computation of diluted net income per share for the year ended December 31, 2001 because to have done so would have been antidilutive. The Company's 2022 Floating Rate Convertible Subordinated Notes are convertible into 3,616,445 shares of common stock in accordance with the provisions listed in Note 8 to these financial statements. These shares have not been included in the computation of diluted net income per share for the year ended December 31, 2002 and 2003 because none of the provisions that would result in conversion of the notes into common stock occurred during 2002 and 2003. t 74 ~Ja p '" WASTE CONNECTIONS, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (DOLLAR AMOUNTS IN THOUSANDS, EXCEPT SHARE AND PER SHARE AMOUNTS) Additionally, as of December 31,2002 and 2003, the following stock options and warrants were not included in the computation of diluted net income per share because to do so would have been antidilutive: Outstanding options Outstanding warrants December 31, 2002 Nwnber of Exercise Shares Price Range 122,250 $33.06 to $37.75 24,650 $33.30 to $37.00 146,900 December 31, 2003 Number of Exercise Shares Price Range 45,250 $34.87 to $37.75 2,700 $35.00 to $37.00 47,950 14. EMPLOYEE BENEFIT PLANS WCI has a voluntary savings and investment plan (the "WCI 401(k) Plan"). The WCI 401(k) Plan is available to all eligible, non- union employees ofWCI. Under the WCI 401(k) Plan, WCI's contributions were 40% of the fIrst 5% of the employee's contributions at December 31, 2002 and were 50% of the fIrst 5% of the employee's contributions at December 31,2003. The Murrey Companies have a voluntary savings and investment plan (the "Murrey 401(k) Plan"). The Murrey 401(k) Plan is available to all eligible, non- union employees of the Murrey Companies. Under the Murrey 401(k) Plan, the Murrey Companies' contributions are at the discretion of management. During the years ended December 31, 2001, 2002 and 2003, the tota1401(k) plan expense for the WCI and Murrey 401(k) plans was approximately $1,132, $1,477, and $1,942, respectively. 15. SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED) . The following table summarizes the unaudited consolidated quarterly results of operations as reported for 2002 and 2003: First Second Third Fourth Quarter Quarter Quarter Quarter Revenues: 2002 as reported $ 105,742 $ 128,091 $ 133,487 $ 131,341 Gross profit: 2002 (reflecting SFAS No. 143 reclassification as more fully described in Note 1) 46,427 55,917 58,020 56,111 Net income: 2002 as reported 12,171 14,342 15,193 13,760 Basic income per common share: 2002 as reported 0.44 0.52 0.55 0.49 Diluted income per common share: 2002 as reported 0.43 0.49 0.51 0.47 t 75 WASTE CONNECTIONS, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (DOLLAR AMOUNTS IN THOUSANDS, EXCEPT SHARE AND PER SHARE AMOUNTS) Revenues: 2003 as reported Gross profit: 2003 as reported Income before cumulative effect of change in accounting principle: 2003 as reported Cumulative effect of change in accounting principle, net of tax: 2003 as reported Net income: , 2003 as reported Basic income per common share before effect of change in accounting principle: 2003 as reported Net income per common share: 2003 as reported Diluted income per common share Before effect of change in accounting principle: 2003 as reported Net income per common share: 2003 as reported 16. SUBSEQUENT EVENTS t First Quarter Second Quarter Third Quarter Fourth Quarter 128,454 138,883 146,178 149,994 56,633 61,456 64,808 63,771 14,413 16,639 17,290 16,972 282 14,695 16,639 17,290 16,972 0.51 0.59 0.60 0.61 0.52 0.59 0.60 0.61 t 0.49 0.55 0.56 0.57 0.50 0.55 0.56 0.57 On March 2, 2004, the Company refmanced the term loan portion of its credit facility in order to reduce the effective borrowing cost. The applicable margin on the senior secured term loan was reduced by 25 basis points; all other terms remained consistent. In addition, the Company increased the amount outstanding under the senior secured term loan from $175,000 to $200,000, resulting in an increase in the size of the facilit)l to $600,000. On March 3, 2004, the Company announced that on April 15, 2004, it intends to redeem in full the Company's 5.5% Convertible Subordinated Notes due 2006. Holders may convert their notes into shares of Waste Connections' common stock at a price of $38.03 per share or they may- have their notes redeemed at a total redemption price of$1.0495 per $1 principal amount of notes, consisting of a redemption price of $1.022 plus accrued interest of $0.0275. t 76 -', i; ! t rTm ITEM 10. DIRECTORS AND EXECUTIVE OFFICERS OF THE REGISTRANT Except as set forth above in Part I under "Executive Officers" and in the paragraph below, the information required by Item 10 has been omitted from this report, and is incorporated by reference to the caption "Election of Directors" in our defmitive Proxy Statement for the 2004 Annual Meeting of Stockholders, which we will file with the Commission pursuant to Regulation 14A within 120 days after the end of our 2003 fiscal year. We have adopted a Code of Conduct and Ethics that applies to our officers (including our principal executive officer, principal fmancial officer, principal accounting officer, controller, and all other officers), directors and employees. We have also adopted Corporate Governance Guidelines to promote the effective functioning of our Board of Directors and its Committees, to promote the interests of stockholders and to ensure a common set of expectations concerning how the Board, its Committees and Managem~nt should perform their respective functions. Our Code of Conduct and Ethics and our Corporate Governance Guidelines are available on ' our website at http://wasteconnections.com as are the charters of our Board's Audit, Nominating and Corporate Governance and Compensation Committees. Information on the website is not part of this report. If we grant any waiver from our Code of Conduct and E1:h;ics with respect to the conduct of executive officers or directors, we will publicly disclose such waiver to our stockholders as required by applicable law. - Stockholders may also obtain copies of the Corporate Governance documents, discussed above by contacting the Secretary of Waste Connections at the address or phone number listed on the cover page of this Annual Report. ITEMS 11, 12, 13 and 14. The information required by Items 11 through 14 of Part III has been omitted from this report, and is incorporated by reference to the captions "Executive Compensation," "Principal Stockholders," "Certain Relationships and Related Transactions" and "Principal t-.' ccounting Fees and Services" in our definitive Proxy Statement for the 2004 Annual Meeting of Stockholders. ! ~ TIV ITEM 15. EXHIBITS, FINANCIAL STATEMENTS, AND REPORTS ON FORM 8-K (a) See Index to Financial Statements on page 40. The following Financial Statement Schedule is filed herewith on page 77 and made a part of thiS Report: Schedule II -- Valuation and Qualifying Accounts All other schedules for which provision is made in the applicable accounting regulations of the Commission are not required under the related instructions or are inapplicable, and therefore have been omitted. (b) Reports on Form 8-K On October 23, 2003, we filed a report on Form 8-K reporting our third quarter earnings in the form of a press release. On October 23, 2003, we filed a report on Form 8-K reporting the closing of an agreement for $575 million in senior secured credit facilities comprised of a $400 million senior secured five-year revolving credit facility and a $175 million senior secured seven- year term loan. (c) See Exhibit Index immediately following signature pages. 1(1 I r------------- ----,-, 77 SIGNATURES f Pursuant to the requrrements of Sections 13 or 15(d) of the Securities Exchange Act of 1934, the Registrant has duly caused thi~ report to be sIgned on ItS behalf by the undersigned, thereunto duly authorized. Waste Connections, Inc. By: /s/ Ronald J. Mittelstaedt Ronald J. Mittelstaedt President, Chief Executive Officer and Chairman Date: March 12, 2004 POWER OF ATTORNEY KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below constitutes and appoin Ronald J. Mittelstaedt and Steven F. Bouck, jointly and severally, his attorneys-in-fact, each with the power of substitution, for him any and all capacities to sign any amendments to this Annual Report on Form lO-K, and to file the same with exhibits thereto aJ other documents in connection therewith, with the Securities and Exchange Commission, hereby ratifying and confirming all that ea of said attorneys-in-fact, or his substitutes, may do or cause to be done by virtue hereof. ' Pursuant to the requirements of the Securities Act of 1934, this report has been signed below by the following persons on behalf the Registrant and in the capacities and on the dates indicated. Sil!oature /s/ Ronald J. Mittelstaedt Ronald J. MIttelstaedt /s/ Steven F. Bouck Steven F. Bouck /s/ David G. Eddie David G. Eddie /s/ Eugene V. Dupreau Eugene V. Dupreau /s/ Michael W. Harlan MIchael W. Harlan /s/ William J. Razzouk William J. Razzouk /s/ Robert H. Davis Robert H. Davis Title Date President, Chief Executive Officer and Chairman (principal executIve officer) March 12, 2004 Executive Vice President and Chief Financial Officer (principal financial officer) March 12,2004 Vice President - Corporate Controller (principal accounting officer) March 12,2004 Director and Regional Vice President - Western Region March 12,2004 Director M~ ~.-- Director March 12,2004 Director March 12,2004 c 78 it. l~ " " , " ,. ! . ASTE CONNECTIONS, INC. SCHEDULE II -- VALUATION AND QUALIFYING ACCOUNTS Years Ended December 31, 2001, 2002 and 2003 (in thousands) Description Deducted from asset accounts: Allowance for doubtful accounts: Year ended December 31, 2001 Year ended December 31, 2002 Year ended December 31, 2003 Additions Deductions Balance at Charged to Charged (Write-offs, Balance Beginning Costs and to Other Net of at End of Year Expenses Accounts Collections) of Year $ 1,899 $ 1,922 $ $ (1,654) $ 2,167 2,167 2,809 (2,467) 2,509 2,509 2,792 (2,731) 2,570 . .~ , , ~ . 79 EXHIBIT INDEX Exhibit Number 3.1 (a) 3.2 (a) 4.1 (a) 4.2 (h) 4.3 (h)(+) 4.4 (h) (+) 4.5 (h) (+) 4.6 (i) 4.7 (i) (+) 4.8 (i)(+) 4.9 (i) (+) 10.1 (d) 10.2 (a) 10.3 (a) 10.4 (a) 10. (c) 10.6 (f) 10.7 (e) 10.8 (e) 10.9 (a) 10.10 (a) 10.11 (a) 10.12 (b) (+) t Description of Exhibits Amended and Restated Certificate of Incorporation of the Registrant, in effect as of the date hereof Amended and Restated By-Laws of the Registrant, in effect as of the date hereof Form of Common Stock Certificate Form of Note for the Registrant's 5.5% Convertible Subordinated Notes due Apn115, 2006 Indenture between the Registrant, as Issuer, and State Street Bank and Trust Company, as Trustee, dated as of April 4, 2001 Purchase Agreement between the Registrant and Merrill Lynch, Pierce, Fenner & Smith Incorporated, dated March 30, 2001 Registration Rights Agreement between the Registrant and Merrill Lynch, Pierce, Fenner & Smith Incorporated, dated as of April 4, 2001 Form of Note for the Registrant's Floating Rate Convertible Subordinated Notes Due 2022 Indenture between the Registrant, as Issuer, and State Street Bank and Trust Company of California, N.A., as Trustee, dated as of April 30, 2002 Purchase Agreement between the Registrant and Deutsche Bank Securities Inc., dated April 26, 2002 Registration Rights Agreement between the Registrant and Deutsche Bank Securities Inc., dated as of April 30, 2002 Second Amended and Restated 1997 Stock Option Plan Form of Option Agreement Form of Warrant Agreement Form of Stock Purchase Agreement dated as of September 30, 1997 Form of Third Amended and Restated Investors' Rights Agreement, dated as of December 31, 1998 f First Amended and Restated Employment Agreement between the Registrant and Ronald J. . elstaedt, dated as of June 1, 2000 Secon mended Employment Agreement between the Registrant and Darrell Chambliss, dated as of June , 2000 Second Amended Employment Agreement between the Registrant and Michael Foos, dated as of June 1, 2000 Employment Agreement between the Registrant and Steven Bouck, dated as of February 1,1998 Employment Agreement between the Registrant and Eugene V. Dupreau, dated as of February 23, 1998 Form of Indemnification Agreement entered into by the Registrant and each of its directors and officers Loan Agreement, dated as of June 1, 1998, between Madera Disposal Systems, Inc. and the California Pollution Control Financing Authority t 80 I ~-:.xhibit Number - 10.13 (b) 10.14 (g) i ~ 10.15 (g) , 10.16 (j) 10.17 (j) 10.18(k) 10.19 (k) 10.20 (I) 10.21 (m) 10.22 (n) 10.23 (n) 10.24 (0) 10.25 f 12.1 21.1 If~. 23.1 24 31.1 f 31.2 32 f: 99.1 t ~.. I' "f i-" I, Descriotlon of Exhibits ,- Employment Agreement between the Registrant and David M. Hall, dated as of July 8, 1998 Employment Agreement between the R~gistrant and James M. Little,_ dated as of September 13, 1999'" - - ' , Employment Agreement between the Registrant and Jerri L. Hunt, dated as of October 25, 1999 Employment Agreement between the Registrant ~d :Ke~eth O. Rose, datrd as of May 1,2002 Employment Agreement between the Registrant and Robert D. Evans, dat~d as of May 10,2002 2002 Seni~r Management Equity Incentive Pian 2002 Stock Option Plan 2002 Restricted Stock Plan , . Consultant Incentive Plan , , , Employment Agreement between the Registrant and David G. Eddie, dated as of May 15,2001 Employment Agreement between the Registrant and Worthing F. Jackman, dated as of April 11, 2003 Amended and Restated Revolving Credit and Term Loan Agreement dated as of October 22, 2003 Refmancing Facility Amendment to 'Amended and Restated Revolving Credit and Term Loan Agreement dated as of March 2, 2004 Statement regarding computation of ratio of earnings to ftxed charges Subsidiaries of the Registrant Consent of Ernst & Young LLP, Independent Auditors Power of Attorne~. Reference is made to the, signature page of this Form 10-K. Certiftcation of President and Chief Executive Officer Certiftcation of Chief Financial Officer Certiftcate of Chief Executive Officer and Chief Financial Officer Proxy Statement for the Registrant's 2004 Annual Stockholders Meeting scheduled to be held May 29, 2004. (To be fIled with the Commission prior to 120 days after December 31,2003, and incorporated by reference herein to the extent indicated in Part III to this Form 1O-K.) 81 ~'1"~---- -----------------------,-- - - - '- , (a) (b) (c). (d) (e) (t) (g} (h) (i) G) (k) (I) (m) Incorporated by reference to the exhibits filed with the Registrant's Registration Statement on Form S-I, Registratiof,J No. 333-48029. Incorporated by reference to the exhibits filed with the Registrant's Registration Statement on Form S-4, Registration No. 333-59199. Incorporated by reference to the exhibits filed with the Registrant's Registration Statement on Form S-4, Registration No. 333-65615. Incorporated by reference to the exhibit filed with the Registrant's Form S-8, Registration No. 333-42096. Incorporated by reference to the exhibit filed with the Registrant's Form 10-Q filed on November 14,2000. Incorporated by reference to the exhibit filed with the Registrant's Form 10-Q filed on August 7, 2000. Incorporated by reference to the exhibit filed with the Registrant's Form lO-K filed on March 13,2000. Incorporated by reference to the exhibit filed with the Registrant's Form S-3 filed on June 5, 2001. Incorporated by reference to the exhibit filed with the Registrant's Form S-3 filed on July 29,2002. Incorporated by reference to the exhibit filed with the Registrant's Form IO-Q filed on August 13,2002. Incorporated by reference to the exhibit filed with the Registrant's Form S-8 filed on February 21,2002. Incorporated by reference to the exhibit filed with the Registrant's Form S-8 filed on June 19,2002. fJ (n) Incorporated by reference to the exhibit filed with the Registrant's Form 10-Q filed on August 13,2003. Incorporated by reference to the exhibit filed with the Registrant's Form S-8 filed on January 8, 2003. (0) Incorporated by reference to the exhibit filed with the Registrant's Form 8-K filed on October 23, 2003. (+) Filed without exhibits and schedules (to be provided supplementally on request of the Commission). -'" , If: ~ 82 i ~):. i I I I ! I I fJ:. I i I I I BOARD OF DIRECTORS & EXECUTIVE OFFICERS Ronald J. Mittelstaedt, Director Chazrman, President and Chief Executive Officer Steven F. Bouck Executive Vice Preszdent and Chief Financial Officer Darrell W. Chambliss Executive Vice Preszdent and Chzef Operatmg Officer Robert D. Evans Executwe Vice President - General Counsel Kenneth O. Rose Senior Vice President - Admmistration David G. Eddie Vice President - Corporate Controller Michael R. Foos Vice President - Chief Information Officer David M. Hall Vice President - Business Development Eric O. Hansen Vice Preszdent - Information Technology Jerri L. Hunt Vice Preszdent - Human Resources Worthing F. Jackman Vice President - Finance and Investor Relations James M. Little Vice President - Engineermg Servzces Eugene V. Dupreau, Director western Regional Vice President Michael W. Harlan, Director Executive Vice Preszdent, Chzef Operating Officer and Chief Fmancial Officer - U.S. Concrete, Inc. - A provzder of ready-mixed concrete and related products. William J. Razzouk, Dzrector Prmczpal- WjR Advzsors and WjR Ventures - Management comultmg and mvestment firms. Robert H. Davis, Director President and Chief Executive Officer - GreenMan Technologies, Inc. - A tzre shredding and recycling company. REGION OFFICERS WESTERN REGION Eugene Dupreau, RegIOnal Vice President Barry Peck, Regional Controller PACIFIC NORTHWEST REGION Eric Merrill, Regional Vice Preszdent Brent Ditton, RegIOnal Controller CENTRAL REGION Phil Rivard, Regional Vice Prestdent Randy Baham, RegIOnal Controller EASTERN REGION Rob Nielsen, RegIOnal Vice Preszdent Blake Rhodes, RegIOnal Controller E';- ----- -------- -- - - -- w r..~ ~__ <; '------' i STOCK MARKET INFORMATION Waste Connections' common stock is traded on the New York Stock Exchange under the ticker symbol WCN. COMPANY OFFICES 35 Iron Point Circle Suite 200 Folsom, CA 95630 Telephone: (916) 608-8200 Fax: (916) 351-0249 ANNUAL MEETING Shareholders are invited to attend our annual, meeting on May 26, 2004, at 10:00 a.m. at the CSUS Alumni Center - Capital Room, 6000 J Street, State University Drive South, Sacramento, CA 95819. TRANSFER AGENT & REGISTRAR EquiServe Trust Company, N.A. P.O. Box 43023 Providence, RI 02940-3023 Tel: (877) 282-1168 www.equiserve.com INDEPENDENT AUDITORS Ernst & Young LLP 555 Capitol Mall Suite 650 Sacramento, CA 95814 LEGAL COUNSEL Shartsis, Friese & Ginsburg LLP One Maritime Plaza Eighteenth Floor San FranCISco, CA 94111 INVESTOR RELATIONS Worthing Jackman Telephone: (916) 608-8266 Fax: (916) 608-8291 e-mail: worthingi@wasteconnections.com Additional copies of this report, Form IO-K, the Proxy Statement or other finanCial information are avatlable to shareholders without charge by contacting our Investor Relations Department. You may also contact us by vlsinng the Investor Relations page on the Company's Web site at www.wasteconnecnons.com. ," WASTE CONNECTIONS, INC. 35 IRON POINT CIRCLE FOLSOM, CA 95630 TELEPHONE (916) 608-8200 FAX. (916) 351-0249 ~_____ _ ___ ;:-~'::'_"_-:;::-__ ------~~....._'~_____:---r..,~-;--_.... __~_.....__v;_ -- J . , -~- _ i - \ --:'1 -_:- .J _~ I ,,-." ! , 'y I .:-, ,I - 1 , _~_-J -:~I 1 /- , --1 '. > . ~ ----,- ---""""''''''1 ~... . . . UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON> D.C. 20549 FORM IO-K (Mark One) [Xl ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31> 2003 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to [ ] Commission File Number 1-6146 UNION PACIFIC RAILROAD COMPANY (Exact name of registrant as specified in its charter) DELAWARE (State or other jurisdiction of incorporation or organization) 94-6001323 (I.R.S. Employer Identification No.) 1416 DODGE STREET, OMAHA, NEBRASKA (Address of principal executive offices) 68179 (Zip Code) (402) 271-5000 (Registrant's telephone number, including area code) - Securities-registered-pursuant to Section 12(h )-of the-Act:------------ Title of each Class Name of each exchange on which registered Missouri Pacific Railroad Company 4-1/4% First Mortgage Bonds due 2005 Missouri Pacific Railroad Company 4-3/4% General Income Mortgage Bonds due 2020 and 2030 Missouri Pacific Railroad Company 5% Income Debentures due 2045 New York Stock Exchange> Inc. New York Stock Exchange> Inc. New York Stock Exchange> Inc. Securities registered pursuant to Section 12(g) of the Act: None THE REGISTRANT MEETS THE CONDITIONS SET FORTH IN GENERAL INSTRUCTION l(l)(a) AND (b) OF FORM 10-K AND IS THEREFORE FILING THIS FORM WITH THE REDUCED DISCLOSURE FORMAT. Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. YES -L NO Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not be contained, to the best of the registrant's knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10- K or any amendment to this Form 10- K. [Xl. Indicate by check mark whether the registrant is an accelerated filer (as defined in Rule 12b-2 of the Act). Yes No ----X- None of the Registrant's voting stock is held by non-affiliates. The Registrant is a wholly owned subsidiary ofU nion Pacific Corporation. As of March 5, 2004, the Registrant had outstanding 7,130 shares of Common Stock, $10 par value, and 620 shares of Class A Stock, $10 par value. DOCUMENTS INCORPORATED BY REFERENCE: Portions of Union Pacific Corporation's definitive Proxy Statement for the Annual Meeting of Shareholders to be held on April 16, 2004, have been incorporated by reference into Part III of this report. The Corporation's Proxy Statement will be filed with the Securities and Exchange Commission pursuant to Regulation 14A. 2 ... . . . . . . Item 1. Item 2. Item 3. Item 4. Item 5. Item 6. Item 7. Item 7A. Item 8. Item 9. Item 9A. TABLE OF CONTENTS UNION PACIFIC RAILROAD COMPANY PART I Business .... ......... ......... ..... ..... ............. ................ ........ ....... ....... ................. ...................... ........... ...... Properties......................................................................................................................................... Legal Proceedings................ .............................................. ................... ................ ................ ........... Submission of Matters to a Vote of Security Holders ................................................................... PART II Market for the Registrant's Common Equity and Related Shareholder Matters ......................... Selected Financial Data.... ...... ....... ...... ............ ............. .................. ......... ............. ........................... Management's Discussion and Analysis of Financial Condition and Results of Operations ...... Management's Narrative Analysis of the Results of Operations ................................................... 10 Risk Factors ... ....... ........ ......... ................ ............................... ....... ......... .......... .... ......... ..... .... ........... 10 Cautionary Information ......... ................... .......... .............. ............................................................. 21 Quantitative and Qualitative Disclosures about Market Risk ...................................................... Financial Statements and Supplementary Data............................................................................. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure..... Controls and Procedures ...... ............ ................ ......................... ............ ........... ..... ..... ........... ......... PART ill 4 7 8 9 10 10 10 22 23 48 48 Item 11. ~____ Jtem_l O. __ _ _Directors_and_Executive_Officers of the Registrant..............................,."...~"..~.....".,._",...,._=...." __ ___ ~_ _______ _ ____ ______ ____ 49 Item 12. Item 13. Item 14. Item 15. Executive Compensation.. ................ ...... ..... ............. ...................... .... ......... .................. ................. Security Ownership of Certain Beneficial Owners and Management .......................................... Certain Relationships and Related Transactions ........................................................................... Principal Accounting Fees and Services. .............. ......... ........................... ....................... ..... .......... PART IV Exhibits, Financial Statement Schedules and Reports on Form 8-K............................................ Signatures .............. .... .... ..................... ................ ...... ................. ...... ........ ....... .......................... ....... 51 Certifications ............ ...... ................. ...... ...... ............. ................. ................ .............. .......... ....... ....... 3 49 49 49 50 57 PART I . Item 1. Business Union Pacific Railroad Company, together with its wholly owned and majority-owned subsidiaries and certain affiliates (collectively, the Company, UPRR or the Railroad), is a Class I Railroad, incorporated in Delaware, and is an indirect wholly owned subsidiary of Union Pacific Corporation (the Corporation or UPC): The Company's principal executive offices are located at 1416 Dodge Street, Room 1230, Omaha, NE 68179. The telephone number at that address is (402) 271-5000. For purposes of this report, unless the context otherwise requires, all references herein to the "Company", "we", "us", and "our" shall mean Union Pacific Railroad Company. Union Pacific Railroad Company is the largest railroad in North America, covering 23 states across the western two- thirds of the United States. Our operating results include Southern Pacific Rail Corporation, which we acquired in October 1996. In addition, during 1997, we acquired an ownership interest in a consortium, which was granted a 50-year concession to operate the Pacific-North and Chihuahua Pacific lines in Mexico. We made an additional investment in the consortium in 1999 and currently hold a 26% ownership interest. Available Information - Our Internet website is www.up.com. We make available free of charge on the website (under the "Investors" caption link) our annual report on Form lO-K, our quarterly reports on Form lO-Q, our current reports on Form 8-K, the Corporation's proxy statement and Forms 3, 4 and 5, filed on behalf of the Corporation's directors and executive officers and amendments to such reports filed or furnished pursuant to the Securities Exchange Act of 1934, as amended (the Exchange Act), as soon as reasonably practicable after such material is electronically filed with, or furnished to, the Securities Exchange Commission (SEC). We also make available on our website previously filed SEC reports and exhibits via a link to EDGAR on the SEC's Internet site at www.sec.gov. Additionally, the Corporation's corporate governance materials, including Board Committee charters, governance guidelines and policies and codes of conduct and ethics for directors, officers and employees may also be found on our website at www.up.comJinvestors. From time to time, the corporate governance materials on the web site may be updated as necessary to comply with rules issued by the SEC and NYSE or as desirable to promote the effective and efficient governance of our company. Any security holder wishing to receive, without charge, a copy of any of these SEC filings or corporate governance materials should write to Secretary, Union Pacific Corporation, 1416 Dodge Street, Room 1230, Omaha, NE 68179. . The reference to our web site address does not constitute incorporation by reference of the information contained on the website and should not be considered part of this report. OPERATIONS ------ -------- We are a classTiallroad that-operates-intheUnited States. Wenaveapproxunately33;oOO-routemilesliDlili:lg Pacific-- -- Coast and Gulf Coast ports with the Midwest and eastern United States gateways and providing several north/south corridors to key Mexican gateways. We serve the western two-thirds of the country and maintain coordinated schedules with other rail carriers for the handling of freight to and from the Atlantic Coast, the Pacific Coast, the Southeast, the Southwest, Canada and Mexico. Export and import traffic is moved through Gulf Coast and Pacific Coast ports and across the Mexican and Canadian borders. Commodity revenue totaled $11.0 billion in 2003 and is comprised of the following six commodity groups: Agricultural- The transportation of Agricultural Products, including whole grains (for animal and human consumption) and commodities produced from these grains, food and beverage products and sweeteners, provided 14% of 2003 commodity revenue. With access to most major grain markets, we provide a critical link between the Midwest and western producing areas and the primary Pacific Northwest (PNW) and Gulfports, as well as Mexico. We also serve significant domestic markets, including grain processors and feeders, as well as ethanol producers in the Midwest, West, South and Rocky Mountain states. Unit trains of grain efficiently shuttle between producers and export terminals or domestic markets. Primary food commodities consist of a variety of fresh and frozen fruits and vegetables, dairy products and beverages, which are moved to major U.S. population centers for consumption. Express Lane, our premium and perishables service moving fruits and vegetables from the PNW and California to destinations in the East, continues to . 4 . draw market share from trucks. Frozen meat and poultry are also transported to the West Coast ports for export, while beverages are imported into the U.S. from Mexico. Sweeteners are primarily short haul sugar beet movements from the fields to the refineries, both of which are located in Idaho. Automotive - Weare the largest automotive carrier west of the Mississippi River, serving seven vehicle assembly plants and distributing imported vehicles from six West Coast ports and Houston. We serve 42 vehicle distribution centers, from which vehicles are delivered to all major western U.S. cities. These centers serve as railcar-to-truck haulaway operations for major domestic and international automotive manufacturers. In addition to transporting finished vehicles, we currently provide expedited handling of automobile materials in both boxcars and containers to several assembly plants. Converting automotive material shipments from the highway to rail is a key growth opportunity. Mexico is also an important contributor to the automotive market for us, as manufacturers continue to locate both vehicle manufacturing and parts facilities at locations throughout the country. Automotive materials flow north and south across the border bound for assembly plants in Mexico, the U.S. and Canada. In 2003, the transportation of finished vehicles and automobile materials accounted for 11 % of total commodity revenue. Chemicals - The transportation of Chemicals provided 14% of our 2003 commodity revenue. Our franchise enables us to serve the large chemical producing areas along the Gulf Coast, as well as the Rocky Mountain region. More than two- thirds of the chemicals business consists ofliquid and dry chemicals, plastics and liquid petroleum products. "Pipeline" service, designed to eliminate unnecessary stops in terminals, reduces delivery times and significantly improves asset utilization for us and our customers. In addition to transporting plastics, customers also leverage our industry leading storage-in-transit yards for intermediate storage of plastic resins. Soda ash shipments originate in southwestern Wyoming and California and are consumed primarily in glass producing markets in the East, the West and abroad. Fertilizer movements originate on the Gulf Coast, as well as in the West and Canada, bound for major agricultural end-users in the Midwest and the western U.S. . Energy- Coal transportation accounted for 22% of our 2003 commodity revenue. Our geographic footprint positions us to transport coal destined for utilities and industrial facilities in 27 states, as well as to the Gulf and railJbarge/ship facilities on the Mississippi and Ohio Rivers and the Great Lakes. We serve mines located in the Southern Powder River Basin ofWyorning, in addition to Colorado, Utah, southern Wyoming and southern Illinois. Southern Powder River Basin coal represents the largest and fastest growing segment of the market, as utilities continue to favor its low cost and low-sulfur content In addition, we continue to penetrate markets in the East as electricity generation continues to grow in the face of declining eastern coal production. High-BTU low-sulfur coal from Colorado and Utah is also transported to domestic utilities and industries, as well as for export to Mexico. Industrial Products - Industrial products includes a broad range of commodities, from bulk products like stone, cement, minerals, waste and scrap to higher-value shipments like lumber, paper and government and consumer goods. Bulk commodities often move in unit train service from origin to a distribution facility in major metropolitan areas. Other commodities move in manifest trains and rely on our extensive network to move between thousands of shippers and customers across North America. We continue to focus on capturing share from trucks by providing consistent and - reliable service;- In-2003,-the transportation-ofindustrial-products-provided-20%of total-c;ommodity-revenue. - ---- -~- Intermodal- Our Intermodal business, which represents 19% of2003 commodity revenues, is classified as international, domestic or premium shipments. International business consists of international container traffic for steamship customers. It arrives at West Coast ports for destinations throughout the United States. Domestic business includes domestic container and trailer traffic handled by intermodal marketing companies (primarily shipper agents and consolidators) and truckload carriers. Less-than-truckload and package carriers with time sensitive business requirements account for the majority of our premium business. Service performance and reliability drive intermodal business growth, as modeled by the 60-hour transcontinental rail service solution provided by us and our partnering rail carrier to UPS in 2003. Working Capital- We currently have, and historically have had, a working capital deficit, which is not uncommon in our industry and does not indicate a lack of liquidity or financial stability. We maintain adequate resources to meet our daily cash requirements, and we have sufficient financial capacity to satisfy our current liabilities. . Competition - We are subject to competition from other railroads, motor carriers and barge operators. Our main rail competitor is Burlington Northern Santa Fe Corporation. Its rail subsidiary, The Burlington Northern and Santa Fe Railway Company, operates parallel routes in many of our main traffic corridors. In addition, our operations are 5 conducted in corridors served by other competing railroads and by motor carriers. Motor carrier competition is particularly strong with respect to five of our six commodity groups (excluding energy), due to shorter delivery times offered by such carriers. Because of the proximity of our routes to major inland and Gulf Coast waterways, barge competition can be particularly pronounced, especially for grain and bulk commodities. Competition can pressure both transit time requirements and pricing, as well as place a greater emphasis on the quality and reliability of the service provided. While we must build or acquire and maintain our rail system, trucks and barges are able to use public rights-of- way maintained by public entities. Any future improvements or expenditures materially increasing the quality of these alternative modes of transportation in the locations in which we operate, or legislation granting materially greater latitude for motor carriers with respect to size or weight limitations, could have a material adverse effect on our results of operations, financial condition and liquidity. Equipment Suppliers - We are dependent on two key suppliers oflocomotives. Due to the capital intensive nature and sophistication of this equipment and its production, there are strong barriers of entry to potential new suppliers. Therefore, if one of these suppliers discontinues manufacturing locomotives, we could realize a significant increase in the cost and the potential for reduced availability of the locomotives that are necessary to our operations. Employees - Approximately 86% of our 46,000 full time equivalent employees are represented by 14 major rail unions. National negotiations under the Railway Labor Act to revise the national labor agreements for all crafts began in late 1999. In May 2001, the Brotherhood of Maintenance of Way Employees (BMWE) ratified an agreement, which included provisions for wage increases (based on the consumer price index) and progressive employee health and welfare cost sharing rates. In August 2002, the carriers reached an agreement with the United Transportation Union (UTU) that incorporated wage increases. The agreement also provided for the operation of remote control locomotives by trainmen that was challenged by the Brotherhood of Locomotive Engineers (BLE). A January 2003 arbitration decision held that the operation of remote control locomotives in terminals does not violate the BLE agreement In November 2003, agreement was reached with the UTU on employee health and welfare cost sharing rates and plan design changes. In November 2002, the International Brotherhood of Boilermakers and Blacksmiths (IBB) reached an agreement that incorporated wage increases. In January 2003, an arbitration award was rendered establishing wage increases and employee health and welfare cost sharing rates for the Transportation Communications International Union (TCU). Health and welfare plan design changes were also part of the TCU agreement. . . Other settled agreements that incorporated wage increases and employee health and welfare cost sharing rates combined with plan design changes include the Brotherhood of Railway Signalmen (BRS) in September 2003 and the Brotherhood of Locomotive Engineers (BLE) in December 2003. Contract discussions with the remaining unions are ------either-innegotiation-or-mediation.-d--- ------ ----------- --- -- ---------- -- - ------ -------------- - - ----------- All settlements previously discussed include a five year contract period, expiring December 31, 2004. Effective January 2004, the Brotherhood of Locomotive Engineers merged with the International Brotherhood of Teamsters (IBT). The BLE has changed its name to the Brotherhood of Locomotive Engineers and Trainmen (BLET). Additional information regarding our operations is presented within the Consolidated Financial Statements, Item 8. GOVERNMENTAL AND ENVIRONMENTAL REGULATION Governmental Regulation - Our operations are subject to a variety of federal, state and local regulations, generally applicable to all businesses (see also the discussion of certain regulatory proceedings in Legal Proceedings, Item 3). Our operations are subject to the regulatory jurisdiction of the Surface Transportation Board (STB) of the United States Department of Transportation (DOT) and other federal and state agencies. Our operations are also subject to the regulations of the Federal Railroad Administration of the DOT. The STB has jurisdiction over rates charged on certain 6 . . . . regulated rail traffic; freight car compensation; transfer, extension or abandonment of rail lines; and acquisition of control of rail common carriers. The DOT and the Occupational Safety and Health Administration, along with other federal agencies, have jurisdiction over certain aspects of safety, movement of hazardous materials, movement and disposal of hazardous waste and equipment standards. Various state and local agencies have jurisdiction over disposal of hazardous waste and seek to regulate movement of hazardous materials in areas not otherwise preempted by federal law. Environmental Regulation - In addition to the regulations governing the transportation of hazardous materials, we are subject to extensive federal and state environmental statutes and regulations pertaining to public health and the environment. The statutes and regulations are administered and monitored by the Environmental Protection Agency (EPA) and by various state environmental agencies. Those laws primarily affecting our operations are the Resource Conservation and Recovery Act of 1976, regulating the management and disposal of solid and hazardous wastes, the Comprehensive Environmental Response, Compensation and Liability Act of 1976, regulating the cleanup of contaminated properties, the Clean Air Act regulating air emissions and the Clean Water Act, regulating waste water discharges. Information concerning environmental claims and contingencies and estimated remediation costs is set forth in Management's Narrative Analysis of the Results of Operations - Critical Accounting Policies - Environmental, Item 7. Item 2. Properties Our primary real estate, equipment and other property (properties) are owned or leased to support our rail operations. We believe that our properties are in good condition and are adequate for current operations. We operate facilities and equipment designated for both maintenance and repair, including locomotives, railcars and other equipment, and for monitoring such maintenance and repair work. The facilities include rail yards, intermodal ramps and maintenance shops throughout the rail system. We had approximately $1.9 billion in capital expenditures during 2003, including non-cash financings of $188 million, for, among other things, building and maintaining track, structures and infrastructure, upgrading and augmenting equipment and implementing new technologies Certain of our properties are subject to federal, state and local provisions involving the protection of the environment (see discussion of environmental issues in Governmental and Environmental Regulation, Item I, Management's Narrative Analysis of the Results of Operations - Critical Accounting Policies - Environmental, Item 7). Track - We utilize approximately 33,000 main line and branch line route miles in 23 states in the western two-thirds of the United States. We own approximately 27,000 route miles with the remainder of route miles operated under trackage rights or leases. As of and for the years ending December 31, 2003, 2002 and 2001, route miles operated and track miles - - Installed and replacedareas-follows:-- ----- ------------- - - ------------------ -- - -------------------------------- Miles 2003 2002 2001 Main line .......................................................................................................... 27,547 27,504 27,553 Branch line ........... ............ ........... .......... ......... .......... .......... ...... ............. .... ........ 5,284 5,637 6,033 Yards, sidings and other main lines ................................................................. 21,285 21,760 21,669 Total ........ .............. ..... .......... .... .................. ...... ...... ...... ............ ............ ............. 54,116 54,901 55,255 Track miles of rail installed and replaced: New..... ............ ............. ..... ..... ............. ........... ..... ....... ......... .......... ................ 739 783 857 Used ........ ............. .............. .......... ....... ..... ......... ...................... ............. ......... 309 330 388 Ties installed and replaced (000) ..................................................................... 4,855 4,531 3,648 7 Equipment - Our primary rail equipment as of and for the years ending December 31, 2003, 2002 and 2001, consisted of the following: Equipment 2003 2002 2001 Owned or leased at year-end: Locomotives ........ ........ ....... .............. ..... ...... ..... ..... ............ ......... .................. ..... 7,251 7,094 6,886 Freight cars: Covered hoppers...... .......... ..... ........ ............... ......... ........ .......... ......... .......... 29,374 30,602 33,901 Boxcars ........ .... ..... .................. ...... ...................... ............. ........ ....... ........ ...... 18,691 15,040 15,561 Open-top hoppers.. ..... ..... .................. ...................... ...... .............................. 13,489 15,891 17,202 Gondolas....................................................................................................... 14,955 14,793 15,431 Other........................ ..... .... ........ ........... .... .............. ...................... ................. 11,296 14,551 14,681 Work equipment and other.............................................................................. 6,950 6,950 6,950 Purchased or leased during the year: Locomotives ..................... ...... ......... ......... ........ ..... ............... ......... ......... ...... 265 530 500 Freight cars.......... ..... ............. ............ ................... ...... ... ........ ............ ........... 580 3,823 793 Average age of equipment (years): Locomotives.... ......... ...... ........ ............ ......................... .................. ...... ......... 14.3 14.4 14.9 Freight cars ..... ..... .................. .............. .......... .......... ............ ......... ........... ..... 24.5 21.9 22.5 Item 3. Legal Proceedings Environmental Matters The United States Attorney for the Central District of California has notified us that the office intends to present criminal charges against us for alleged violations of federal environmental laws, including the federal Clean Water Act, in connection with releases of oil contaminated wastewater from our Taylor Yard in 2001 and 2003. In addition, the State authorities are proposing civil penalties for these same releases in the amount of $125,000. After a series of protracted negotiations, the California Department of Toxic Substances Control ("DTSC") threatened civil prosecution against us in November 2003, relating to our failure to register as a hazardous waste transporter under California law from April 2000 to August 200 1. We contend that we are exempt from the registration requirements due to federal preemption. The DTSC has proposed civil penalties of$125,160 for the alleged violation. We will vigorously oppose this proposed penalty. As previously reported in our Annual Report on Form 10-K for 2001, on January 30, 2002, the Louisiana Department of Environmental Quality (LDEQ) issued to us a notice of a proposed penalty assessment in the amount of $195,700. We previously met with the LDEQ regarding this matter to present documentation indicating that no penalty should be - - - - assessed.-- W e-havefiledsuit- against the-IDEQ -in-10uisiana-State-District-Gourt-challenging-the penalty;-'I'he-1DEQ- proposed penalty relates to the derailment of one of our trains carrying hazardous materials near Eunice, Louisiana on May 27, 2000. The derailment caused a fire and explosion that resulted in the evacuation of approximately 3,800 residents of the surrounding area and numerous claims for personal injuries, property damage and business interruption, which was previously reported in our report on Form 10-Q for the period ended June 30, 2000. To date, several class action claims have been filed against us. The amount of damages have not been specified in these claims; and, therefore, it is not possible to predict the ultimate outcome of these proceedings. Settlement discussions with the class representatives are ongoing. We believe we have substantial defenses and, although losses have exceeded self-insured retention amounts, we believe our insurance coverage is adequate to cover any material damage claims or settlements. As previously reported in our Quarterly Report on Form lO-Q for the quarter ended June 30, 2002, a criminal case, relating to a series of alleged releases of hazardous materials, was filed against us by the District Attorneys of Merced, Madera and Stanislaus Counties. The criminal case was dismissed in the last quarter of 2003 and was subsequently refiled as a civil action by several counties. The civil suit seeks civil penalties against us in connection with the release of calcium oxide ("lime"), which leaked from an unidentified railcar between Chowchilla and Sacramento, California, on December 27,2001, and another incident in which lime leaked from a railcar between Chowchilla and Stockton, California on February 21, 2002. The suit contends that regulatory violations occurred by virtue of our alleged failure to timely report the release of a "hazardous material," our alleged disposal of hazardous waste, and the alleged release of material into the waters of the State of California. The amount of the claim is not specified but could exceed $100,000. 8 . . . . . . As previously reported in our Quarterly Report on Form 10-Q for the quarter ended March 31, 2003, the San Joaquin County District Attorney filed an action against us on February 3, 2003, alleging claims under the California Business and Professions Code section 17200 (unfair business practices), Fish and Game Code section 5650 and 5650.1, California Health and Safety Code section 25189(d) and Public Nuisance, California Civil Code section 3480. The claims arise from a February 16, 2000 deraihnent in Stockton, California in which a locomotive struck an object on the tracks, resulting in the puncture of a fuel tank. The District Attorney alleged that diesel fuel from this spill entered waters of the State of California. The complaint also asserted claims under the above referenced statutes for any other diesel spill which may have occurred in the State of California, between 2000 and 2003, in which diesel may have passed into waters of the State of California and seeks injunctive relief, as well as civil penalties of $25,000 for the alleged February 16, 2000 diesel spill and total penalties of not less than $250,000 for all diesel spills which may have occurred since 2000. The District Attorney filed an amended complaint on April 10, 2003, which narrowed the claims to the incident of February 16, 2000. The amended complaint seeks both injunctive relief and daily penalties, which could exceed $100,000, for each day that fuel was in the affected waterway. As previously reported in our Quarterly Report on Form 10-Q for the quarter ended March 31, 2002, on April 26, 2002, we received written notice of a proposed $250,000 penalty from the Illinois Environmental Protection Agency relating to a collision between one of our trains and a train from Conrail. The collision occurred near Momence, Illinois, on March 23,1999 when an eastbound Conrail train failed to stop at a signal and struck our train that was properly occupying a crossing. The collision resulted in a release of diesel fuel from the fuel tanks of our locomotive, which was promptly reported and remediated. We received notice in January 2003 that the amount of the proposed penalty, including oversight costs, has been reduced to $127,000. We will vigorously oppose this proposed penalty. We have received notices from the EP A and state environmental agencies alleging that we are or may be liable under certain federal or state environmental laws for remediation costs at various sites throughout the United States, including sites which are on the Superfund National Priorities List or state superfund lists. Although specific claims have been made by the EP A and state regulators with respect to some of these sites, the ultimate impact of these proceedings and suits by third parties cannot be predicted at this time because of the number of potentially responsible parties involved, the degree of contamination by various wastes, the scarcity and quality of volumetric data related to many of the sites, and! or the speculative nature of remediation costs. Information concerning environmental claims and contingencies and estimated remediation costs is set forth in Management's Narrative Analysis of the Results of Operations - Critical Accounting Policies - Environmental, Item 7. Other Matters As previously reported, Western Resources, Inc. (Western) filed a complaint on January 24,2000, in the U.S. District Court for the District of Kansas alleging that UPRR and The Burlington Northern and Santa Fe Railway Company (BNSF) materially breached our service obligations under the transportation contract to deliver coal in a timely manner to _ W~~krn~Jeif!.~YJ:l!~Sgy_~~m~1:,__ Qn S~pte.!!!1JS:! L~,~Jl~~,t:h~j!1!y~eturn.-e_<ljl~S:l"dict fiI1A!I!gJhCltj:lJ.~~o_ntra~hCl~ nQ! been breached by the railroads, and the judgment dismissing the case was entered by the court on September 16, 2002. Western filed a motion for a new trial on September 30, 2002, which was denied by the court on March 6, 2003. Western filed notice of its intent to appeal the verdict to the 10th Circuit Court of Appeals on April 4, 2003. On October 22, 2003, Western agreed to have the matter dismissed in exchange for a payment of $50,000 by the railroads, which did not constitute an admission of liability, and, on November 5,2003, the court dismissed the complaint. Item 4. Submission of Matters to a Vote of Security Holders Omitted in accordance with General Instruction I of Form lO-K. 9 PART II Item 5. Market for the Registrant's Common Equity and Related Shareholder Matters . As of the date of filing this Report, we had the following amounts of capital stock issued and outstanding: 7,130 shares of Common Stock, par value $10.00 per share (our Common Stock), 620 shares of Class A Stock, par value $10.00 per share (our Class A Stock), 4,829 Redeemable Preference Shares (Series A), initial par value $10,000 per share, and 436 Redeemable Preference Shares (Series B), initial par value $10,000 per share (collectively, the Preference Shares). All of our Common Stock and our Class A Stock, which constitutes all of the voting capital stock, is owned by the Corporation or a wholly owned subsidiary of the Corporation, and all of the Preference Shares, which are non-voting stock, are owned by the Federal Railroad Administration. Accordingly, there is no market for our capital stock. Our Board of Directors has restricted the availability of retained earnings for payment of dividends by $131 million. This represents (a) the amount by which the estimated fair value of our investment in our non-transportation subsidiaries, as determined by our Board of Directors, exceeded the net book value of such investment, which was trans- ferred to the Corporation by means of a dividend in June 1971 ($110 million) and (b) the amount by which the fair market value exceeded the book value of certain investment securities which were transferred to the Corporation by means of a dividend in November 1972 ($21 million). Our Class A Stock is entitled to a cash dividend whenever a dividend is declared on the Common Stock, in an amount which equals 8 percent of the sum of the dividends on both the dass A Stock and the Common Stock. Dividends on our Common Stock, which are paid on a quarterly basis, totaled $231 million and $189 million in 2003 and 2002, respectively. Dividends paid on our Class A Stock were $20 million and $16 million in 2003 and 2002, respectively. Weare subject to certain restrictions related to the payment of dividends. The amount of retained earnings available for dividends was $7.5 billion and $6.4 billion at December 31, 2003 and 2002, respectively. Item 6. Selected Financial Data . Omitted in accordance with General Instruction I of Form lO-K. Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations Omitted in accordance with General Instruction I of Form lO-K. In lieu thereof, a narrative analysis is presented. ..MANKGEMENT'SNARRATIVEANALYSISOF THERESULTS.OF.OPERATIONS- The following discussion should be read in conjunction with the Consolidated Financial Statements and applicable notes to the Consolidated Financial Statements, Item 8, and other information included in this report. RISK FACTORS We Frue Competition from Other Railroads and Other Transportation Providers - We are subject to competition from other railroads, which operate parallel routes in many of our traffic corridors, in addition to motor carriers and, to a lesser extent, ships, barges and pipelines. Competition can pressure both transit time requirements and pricing, as well as place a greater emphasis on the rate charged and the quality and reliability of the service provided. While we must build or acquire and maintain our rail system, trucks and barges are able to use public rights-of-way maintained by public entities. Any future improvements or expenditures materially increasing the quality of these alternative modes of transportation in the locations in which we operate, or legislation granting materially greater latitude for motor carriers with respect to size or weight limitations, could have a material adverse effect on our results of operations, financial condition and liquidity. . 10 . . . We Are Subject to Significant Governmental Regulation - We are subject to governmental regulation by a significant number of federal, state and local authorities with respect to our railroad operations and a variety of health, safety, labor, environmental, as discussed below, and other matters. Our failure to comply with applicable laws and regulations could have a material adverse effect on us. Governments may change the legislative or regulatory framework within which we operate without providing us with any recourse for any adverse effects that the change may have on our business. Also, some of the regulations require us to obtain and maintain various licenses, permits and other authorizations, and we cannot assure you that we will continue to be able to do so. We Are Subject to Significant Environmental Laws and Regulations - Our operations are subject to extensive federal, state and local environmental laws and regulations concerning, among other things, emissions to the air, discharges to waters and the handling, storage, transportation and disposal of waste and other materials and cleanup of hazardous material or petroleum releases. We generate and transport hazardous and non-hazardous waste in our current operations, and we have done so in our former operations. Environmental liability can extend to previously owned or operated properties, leased properties and properties owned by third parties, as well as to properties currently owned and used by us. Environmental liabilities have arisen and may also arise from claims asserted by adjacent landowners or other third parties in toxic tort litigation. We have been and may be subject to allegations or findings to the effect that we have violated, or are strictly liable under, these laws or regulations. Although, we have appropriately recorded current and long-term liabilities for known future environmental costs, we could incur significant costs as a result of any of the foregoing, and we may be required to incur significant expenses to investigate and remediate known, unknown or future environmental contamination, which could have a material adverse effect on our results of operations, financial condition and liquidity. Rising Fuel Costs Could Materially and Adversely Affect Our Business - Fuel costs constitute a significant portion of our transportation expenses. Diesel fuel prices are subject to dramatic fluctuations. Significant price increases may have a material adverse effect on our operating results. Additionally, fuel prices and supplies are influenced significantly by international political and economic circumstances. If a fuel supply shortage were to arise from OPEC production curtailments, a disruption of oil imports or otherwise, higher fuel prices and any subsequent price increases would, despite our fuel surcharge programs, materially affect our operating results, financial condition and liquidity. The Majority of Our Employees Belong to Labor Unions, and Strikes or Work Stoppages Could Adversely Affect Our Operations - We are a party to collective bargaining agreements with various labor unions in the United States. Some of these agreements expire within the next two years. Disputes with regard to the terms of these agreements or our potential inability to negotiate acceptable contracts with these unions could result in, among other things, strikes, work stoppages or other slowdowns by the affected workers. If the unionized workers were to engage in a strike, work stoppage or other slowdown, or other employees were to become unionized or the terms and conditions in future labor agreements were renegotiated, we could experience a significant disruption of our operations and higher ongoing labor costs. We May Be Affected by General Economic Conditions - Several of the commodities we transport come from industries with cyclical business operations. As a result, prolonged negative changes in domestic and global economic conditions affecting the producers and consumers of the commodities carried by us may have an adverse effect on our operating results, M_aIlcial <:Q.Il~!i()1! ~<l)igl!@!Y~ . Severe Weather Could Result in Significant Business Interruptions and Expenditures - Severe weather conditions and other natural phenomena, including earthquakes, fires and floods, may cause significant business interruptions and result in increased costs, increased liabilities and decreased revenues, which could have an adverse effect on our operating results, financial condition and liquidity. We Are Dependent on Two Key Suppliers of Locomotives - Due to the capital intensive nature and sophistication of locomotives, there are strong barriers to entry for new suppliers. Therefore, if one of these suppliers discontinues manufacturing locomotives, we could realize a significant increase in the cost and the potential for reduced availability of the locomotives that are necessary to our operations. We May Be Subject to Various Claims and Lawsuits That Could Result in Significant Expenditures - The nature of our business exposes us to the potential for various claims and litigation related to labor and employment, personal injury and property damage, environmental and other matters. Any material changes to current litigation trends could have a material adverse effect on our operating results, financial condition and liquidity. We May Be Affected by Future Acts of Terrorism or War or Risk of War - Terrorist attacks, such as those that occurred on September 11, 2001, any government response thereto and war or risk of war may adversely affect our results of 11 operations, financial condition, our ability to raise capital or our future growth. Our rail lines and facilities could be direct targets or indirect casualties of an act or acts of terror, which could cause significant business interruption and result in increased costs and liabilities and decreased revenues and have a material adverse effect on our operating results, financial condition or liquidity. Any act of terror, retaliatory strike, sustained military campaign or war or risk of war may have an adverse impact on our operating results, financial condition and liquidity by causing or resulting in unpredictable operating or financial conditions, including disruptions of rail lines, volatility or sustained increase of fuel prices, fuel shortages, general economic decline and instability or weakness of financial markets which could restrict our ability to raise capital. In addition, insurance premiums charged for some or all of the coverages currently maintained by us could increase dramatically, or certain coverages may not be available to us in the future. . CRITICAL ACCOUNTING POLICIES Our Consolidated Financial Statements have been prepared in accordance with accounting principles generally accepted in the United States of America. The preparation of these financial statements requires estimation and judgment that affect the reported amounts of revenues, expenses, assets and liabilities. We base our estimates on historical experience and on various other assumptions that are believed to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. The following are our critical accounting policies that affect significant areas of our financial statements and involve judgment and estimates. If these estimates differ significantly from actual results, the impact on our Consolidated Financial Statements may be material. Depreciation - The railroad industry is capital intensive. Properties are carried at cost. Provisions for depreciation are computed principally on the straight-line method based on estimated service lives of depreciable property. The lives are calculated using a separate composite annual percentage rate for each depreciable property group, based on the results of a depreciation study. We are required to submit a report on depreciation studies and proposed depreciation rates every three years for equipment property and every six years for road property, to the Surface Transportation Board for review and approval. The cost (net of salvage) of depreciable rail property retired or replaced in the ordinary course ofbusiness is charged to accumulated depreciation, and no gain or loss is recognized. A gain or loss is recognized in other income for all other property upon disposition. The cost of internally developed software is capitalized and amortized over a five- year period. An obsolescence review of capitalized software is performed on a periodic basis. . Capital spending in recent years has increased the total value of our depreciable assets. Capital spending totaled $1.9 billion for the year ended December 31, 2003, including non-cash financings of $188 million. In 2003, we implemented depreciation studies, approved by the Surface Transportation Board, resulting in lower depreciation expense of $50 million for the year ended December 31, 2003, due to a reduction in depreciation rates for certain track assets (effective January 1, 2003), partially offset by increased rates for locomotives and other assets (effective July 1, 2003). For the year ended December 31, 2003, depreciation expense was $1.1 billion. Various methods are used to estimate useful lives for each group of depreciable property. Due to the capital intensive nature of the business and the large base of depreciable assets, variances to those estimates could have a material effect on our Consolidated Financial Statements. If the estimated useful lives of all depreciable assetswere-increased-by:-one-year, annual depreciation_expense_ would decrease_by $36 million. If the estimated useful lives of all assets to be depreciated were decreased by one year, annual depreciation expense would increase by $39 million. Environmental- We generate and transport hazardous and non-hazardous waste in our current operations and have done so in our former operations, and we are subject to federal, state and local environmental laws and regulations. We have identified approximately 417 sites at which we are or may be liable for remediation costs associated with alleged contamination or for violations of environmental requirements. This includes 51 sites that are the subject of actions taken by the U.S. government, 29 of which are currently on the Superfund National Priorities List. Certain federal legislation imposes joint and several liability for the remediation of identified sites; consequently, our ultimate environmental liability may include costs relating to activities of other parties, in addition to costs relating to our own activities at each site. When an environmental issue has been identified with respect to the property owned, leased or otherwise used in the conduct of our business, we and our consultants perform environmental assessments on such property. We expense the cost of the assessments as incurred. We accrue the cost of remediation where our obligation is probable and such costs can be reasonably estimated. . 12 . . . The liability includes future costs for remediation and restoration of sites, as well as for ongoing monitoring costs, but excludes any anticipated recoveries from third parties. Cost estimates are based on information available for each site, financial viability of other potentially responsible parties, and existing technology, laws and regulations. We believe that we have adequately accrued for our ultimate share of costs at sites subject to joint and several liability. However, the ultimate liability for remediation is difficult to determine because of the number of potentially responsible parties involved, site-specific cost sharing arrangements with other potentially responsible parties, the degree of contamination by various wastes, the scarcity and quality of volumetric data related to many of the sites, and/or the speculative nature of remediation costs. For the year ended December 31, 2003 and 2002, we recorded environmental expenses of $26 million and $37 million, respectively. As of December 31,2003 and 2002, we had a liability of$187 million and $188 million, respectively of which $57 million and $71 million were classified as current. Income Taxes - We account for income taxes by recording taxes payable or refundable for the current year and deferred tax assets and liabilities for the future tax consequences of events that have been recognized in our financial statements or tax returns. As required under Financial Accounting Standards Board (FASB) Statement No. 109, "Accounting for Income Taxes", these expected future tax consequences are measured based on provisions of tax law as currently enacted; the effects of future changes in tax laws are not anticipated. Future tax law changes, such as a change in the corporate tax rate, could have a material impact on our financial condition or results of operations. When appropriate, we record a valuation allowance against deferred tax assets to offset future tax benefits that may not be realized. In determining whether a valuation allowance is appropriate, we consider whether it is more likely than not that all or some portion of our deferred tax assets will not be realized, based in part upon management's judgments regarding future events. Based on that analysis, we have determined that a valuation allowance is not appropriate at December 31,2003. Pension and Other Postretirement Benefits - We provide defined benefit retirement income to eligible non-union employees through the Corporation's qualified and non-qualified (supplemental) pension plans. Qualified and non- qualified pension benefits are based on years of service and the highest compensation during the latest years of employment with specific reductions made for early retirements. We also provide other postretirement benefits (OPEB). All non-union and certain of our union employees participate in the Corporation's defined contribution medical and life insurance programs for retirees. We account for the pension plans in accordance with F ASB Statement No. 87, "Employers' Accounting for Pensions" (FAS 87) and our postretirement benefits in accordance with FASB Statement No. 106, "Employers' Accounting for Postretirement Benefits Other Than Pensions" (FAS 106). FAS 87 and FAS 106 require us to make various estimates and assumptions, including discount rates used to value liabilities, expected rates of return on plan assets, salary increases, employee turnover rates, anticipated employee mortality rates and expected future health care costs. The estimates we used are based on our historical experience, as well as current facts and circumstances and are updated at least annually. _ V'! e _~~e third-party a~uari<:s _to assist _us in PI"operly: ~e~~_~&_~e expe~se _~~ ~~~ilig_ ~~o(;iated~~ ~~se ~el!efits. Funded Status - The funded status of the pension plans represents the difference between the fair value of pension assets and the present value of pension liabilities (projected benefit obligation, or PBO). The PBO is the present value of benefits earned to date by plan participants, including the effect of assumed future salary increases. The funded status is impacted by actual asset returns and cash funding, as well as a year-end discount rate, which is used to calculate the present value of the projected benefit obligation. The discount rate we use for this purpose is based on a hypothetical portfolio of high quality bonds with cash flows matching the plans' expected benefit payments. The OPEB plan is unfunded and funding occurs as claims are paid. The PBO of the OPEB plan is equal to the accumulated benefit obligation, as the present value of OPEB liabilities is not affected by salary increases. The discount rate used in valuing OPEB obligations is equal to the pension discount rate for both 2003 and 2002. The following table presents the funded status of the pension and OPEB plans, as well as the key assumptions that impact the funded status as of December 31, 2003: 13 Millions of Dollars Pension Benefits OPEB Funded status: Fair Value of Plan Assets........................................................................ $1,520 $ - Projected Benefit Obligation ................................................................. (1,804) (543) Funded status .... .......... ...... ........ ......... .... ...................... .... .............. ........ $ (284) $(543) Assumptions: Discount rate .............. ............. .............. ....... ...... ....................... ............. 6.50% 6.50% Salary increase........ ............ ..... .............................. ........... ...................... 3.50% N/A Health care cost trend rate: Current . ...... ......... ......... ................ ................... ..... ..... ............... ......... N/A 9.0% Level in 2008...................................................................................... N/A 5.0% The following table shows the estimated impact that changes in the assumed discount rate, salary increase and health care cost trend rate would have had on our projected benefit obligation as of December 31,2003: Increase / (Decrease) in Projected Benefit Obligation Millions of Dollars Discount Rate: 0.25 % increase................ ... ..... ............. ....... ..... ......... ......... ..................... 0.25 % decrease ..... ......... ......... ..... ......... ......... ... ................ ........ .............. Salary Increase: 0.25 % increase... ....................... ........ ......... .......... ......... .......................... 0.25 % decrease..... ..... .... ......... .......... ................... ........ ..... ......... ............. Health Care Cost Trend Rate: 1 % increase. ..... ........... .............. .......................... ......................... ........... 1 % decrease.... .............. .......... ........... ......................... .............. ......... ..... Pension OPEB $(50) $(15) 52 15 6 N/A (5) N/A N/A $59 N/A (49) Cash Contributions - We follow F AS 87 rules to record the expense and liability associated with the pension plans. However, actual cash funding is governed by employee benefit and tax laws. No cash funding was required for us in 2003. During 2003, we voluntarily contributed $100 million to the funded pension plan. Contributions required subsequent to 2003 are dependent on asset returns and future discount rates. We do not anticipate minimum pension funding requirements in 2004. We voluntarily contributed $50 million in January of 2004 to help mitigate any potential required funding in the future. Future contributions are expected to be funded primarily by cash generated from operating activities. . G~h fiulQ.i9g (oJ .QJ>mt b~efi!S. ~ J:>~~~tQ~g~s.P.ai9. S:~~ ~aid, ~~ ofJ::etiI"ee. cOJl~ib~1:i.o~s, ~Q~~d ~3?.JI!illj.()n and $46 million for 2003 and 2002, respectively. Expected claims for 2004 total $35 million, net of employee contributions. Expense - Pension expense for 2003 was $15 million, while we recorded pension income in 2002 of $14 million. OPEB expense for 2003 and 2002 was $43 million and $45 million, respectively. Both pension and OPEB expense is determined based upon the annual service cost of benefits (the actuarial cost of benefits earned during a period) and the interest cost on those liabilities, less the expected return on pension plan assets (for pension only). With respect to the value of pension plan assets, the expected long-term rate of return on plan assets is applied to a calculated value of plan assets that recognizes changes in fair value over a five-year period. This practice is intended to reduce year-to-year volatility in pension expense, but it can have the effect of delaying the recognition of differences between actual returns on assets and expected returns based on long-term rate of return assumptions. The expected rate of return on assets was 8% for 2003 and 9% for 2002. Differences in actual experience in relation to assumptions are not recognized immediately, but are deferred and, if necessary, amortized as pension or OPEB expense. The following table illustrates the estimated impact on 2003 pension and OPEB expense relative to a change in the discount rate, expected return on plan assets and health care cost trend rate. 14 . . . . . . Increase / (Decrease) in Expense Millions of Dollars Discount Rate: 0.25 % increase ........................................ ..... ......... .................. ................... .......... 0.25 % decrease ....... ........ ................ ............... ......... ..... ....................... ......... ........ Expected Return on Plan Assets: 0.25 % increase... ....... ........... ......... ......... ............... .... .... ..... ...... ............................ 0.250/0 decrease..... ......................................... .............. ...... ........ ....... ........... ........ Health Care Cost Trend Rate: 1 % increase........ ............ ............... ......................... ............. ......... ..... ...... ..... ........ 1 % decrease .................. ............ ....... ..... ................. .................. ...... ..... ......... ........ Pension OPEB $(4) 1 $(2) 1 (4) 4 N/A N/A N/A N/A 10 (9) Personal Injury and Occupational Dlness - The cost of personal injuries to employees and others related to our activities is charged to expense based on estimates of the ultimate cost and number of incidents each year. We use third party actuaries to assist us in properly measuring the expense and liability. Compensation for work-related accidents is governed by the Federal Employers' Liability Act (FELA). Under FELA, damages are assessed based on a finding of fault through litigation or out-of-court settlements. We offer a comprehensive variety of services and rehabilitation programs for employees who are injured at work. Annual expenses for our personal injury-related events were $250 million and $221 million in 2003 and 2002, respectively. As of December 31,2003 and 2002, we had a liability of$615 million and $668 million accrued for future personal injury costs, respectively, of which $272 million was recorded in current liabilities as accrued casualty costs in both years. We have additional amounts accrued for claims related to certain alleged occupational illnesses. Changes in estimates can vary due to evolving trends in litigation related to personal injury and occupational illness cases based on large jury awards and public pressures associated with certain occupational related injuries. RESULTS OF OPERATIONS Millions of Dollars, Except Per Share Amounts 2003 2002 Income before cumulative effect of accounting change .................................................. $1,140 $1,374 Cumulative effect of accounting change .......................................................................... 274 - Net income.. ................. .................. ......... .......... ............. ....... .......... ....... ........ .................... $1,414 $1,374 Net income as percentage of operating revenues............................................................. 12.3% 12.4% Operating margin ... ........ ......... .............. ....... .................... ..... ........... ......... ............. ........... 18.6% 21.0% Income Before ~umulative Effect of-Accounting-Change --The decrease in income before-cumulative effect of- accounting change in 2003 compared to 2002 was driven by higher fuel prices, inflation, network costs (including expenses associated with increased volumes), and lower gains from real estate sales (2002 asset sales with the Utah Transit Authority (UTA) for $141 million pre-tax and the Santa Clara Valley Transportation Authority (VTA) for $73 million pre-tax), which more than offset revenue gains, lower interest expense and productivity improvements. Productivity is measured by both gross ton miles per inflation-adjusted expense dollar and gross ton miles per employee. Gross ton miles are calculated by multiplying the weight of a loaded or empty freight car by the number of miles hauled. Operating Revenues - Operating revenue is comprised of commodity revenue and other revenues. Other revenues primarily include subsidiary revenue from various companies that are wholly owned or majority owned, revenue from the Chicago commuter rail operations and accessorial revenue earned due to customer detainment of Railroad owned or controlled equipment. We recognize commodity revenues on a percentage-of-completion basis as freight moves from origin to destination. Other revenue is recognized as service is performed or contractual obligations are met. Operating revenues increased $406 million (4%) to $11.5 billion in 2003 over 2002. Commodity revenue increased $378 million (4%) in 2003. The increase was driven by growth in the Industrial Products, Agricultural, Intermodal and Energy commodity groups, including revenue from our fuel surcharge programs. Revenue carloads increased 1 % in 2003, 15 while average revenue per car (referred to as ARC) increased 2% to $1,195 in 2003. Other revenue increased $28 million (6%) in 2003, driven by increased passenger, subsidiary and accessorial revenues. The following tables summarize the year-over-year changes in commodity revenue, revenue carloads and average revenue per car by commodity type: . Commodity Revenue in Millions of Dollars 2003 2002 Agricultural ................................................................................... .... ...... ............ ........ ......... .. $ 1,578 $ 1,506 Automotive .... ............ ............. .................... .................... ..... ........... ............. .......................... 1,216 1,209 Chemicals ................................ ...... ............................ ......... ............... ........ ................ ............. 1,589 1,575 Energy................ .................. .................. .............. ..... ..... ......... ......... ..... ........ ............... ........... 2,412 2,343 Industrial Products ............ ....... ...... ................ ................ .... ............. ..... ................ ........... ...... 2,180 2,035 Intermodal .................................................................................................................................. 2,066 1,995 Total .... ......... ................... ........ ........ ..... ....... ........ ..... .................. .......... ............. ..... ...... .......... $1l,041 $10,663 Revenue Carloads in Thousands 2003 2002 Agricultural.......... ............ ........ ............. ............................... ........... ........... ..... ..... ............ ...... 883 875 Automotive ... ................................... ......... ......... ......... .................. ......................................... 820 818 Chemicals.. ......... ......... .......... ........ .......... ......... .................. .................... ............ .................... 888 904 Energy..................................................................................................................................... 2,187 2,164 Industrial Products. ......... ....................... ..... ............... ........................ ........... ..... .... ..... .......... 1,478 1,419 Intermodal .............................................................................................................................. 2,983 2,951 Total ............................................................................................................................................ 9,239 9,131 Average Revenue Per Car 2003 2002 Agricultural.......... ........ ....... ............. .......... .......... ............ ............. .... ......... ............ ................ $1,787 $1,722 Automotive ...... ................... ......... ........... ............ ..... ... .................. ....... ...... ............................ 1,484 1,477 Chemicals .. ......... ........... ....... ......... ................................................ ..................... .................... 1,788 1,742 Energy.. ........................ ........... .............................. ......... .......... ........ .................. ..................... 1,103 1,083 Industrial Products .......... ....................... ......... ................................ ................... ....... ............ 1,475 1,434 Intermodal ........................................................................................................................................ 693 676 Total ............................................................................................................................................................................. $1,195 $1,168 . Agricultural - Revenue in 2003 rose 5% due to a 4% improvement in ARC and a 1 % increase in carloads. The improvement was driven by-higher-wheatdemand for Gulf exports,-in addition to added ethanol shipments resulting from heightened demand for the fuel additive. Revenue gains were also achieved through additional shipments of sugar beets due to a favorable crop in 2003 and canned and packaged foods resulting from additional, longer-haul shipments from the west coast. ARC grew due to the positive mix impact oflonger average length of haul shipments, as well as price increases and fuel surcharges. Automotive - Revenue increased 1 % in 2003 as a result of a slight rise in both carloads and ARC. Revenue growth was the result of additional volume due to market share gains for materials shipments, partially offset by a decline in revenues from domestic manufacturers, as the softening economy weakened demand for finished vehicles and forced production cuts. ARC was up slightly in 2003, as price increases were partially offset by the mix impact of disproportionate growth in materials shipments, which move at a lower ARC than finished vehicles. Chemica/s- Revenue in 2003 grew 1 %, as a 2% decline in carloads was offset by a 3% increase in ARC. Reduced plastics volume led the decline in carloads as the soft economy combined with higher input costs caused producers to lower inventories and reduce shipments. Growth of market demand for domestic and export soda ash partially offset the decline. ARC improved due to a mix shift toward longer average length of haul moves, driven by fewer cars in storage-in- transit, in addition to price increases and fuel surcharges. . 16 . . . Energy- Revenue climbed 3% in 2003. Strong utility demand due to lower inventories in the last three quarters more than offset the absence of export traffic from the Colorado and Utah mining regions (which Japan is now sourcing from other Far Eastern producers), resulting in a 1 % increase in carloads. Fourth quarter carloads were the highest ever from the Southern Powder River Basin and Colorado and Utah mining regions. During 2003, tonnage moved from the Southem Powder River Basin was also the highest ever for us. ARC increased 2%, primarily due to index-based contract escalators. Industrial Products - Revenue increased 7% in 2003. Revenue was driven by 3% growth in ARC and a 4% improvement in carloads, which was attributable to government, steel and lumber business growth. The increase in government shipments was driven by movement of military equipment and ammunition in support of the war effort. Lumber positively impacted carloads, as housing starts and low interest rates continue to drive demand. Steel and scrap shipments also increased as the weakening dollar created higher domestic and export demand for U.S. produced steel, augmented by market share gains. ARC rose due to price increases, fuel surcharges and more high-ARC lumber moves. Intermodal- Revenue climbed 4% in 2003 driven by a 3% increase in ARC and a 1 % gain in carloads. Carloads were up due to strong imports and improved economic conditions, as well as the year over year impact of the labor dispute between the International Longshoreman and Warehouse Union (ILWU) and the Pacific Maritime Association (PMA) which occurred primarily in the fourth quarter of 2002. ARC improved due to fuel surcharges and price increases. Mexico Business - Included in the commodity revenue reported above is revenue from shipments to and from Mexico. This revenue grew 2% to $893 million in 2003 compared to $873 million for 2002. Business growth in 2003 was led by market share gains in auto parts shipments and increased revenue for agricultural products resulting from higher corn and meal exports, as well as increased beer imports. Operating Expenses - Operating expenses increased $597 million (7%) to $9.4 billion in 2003 compared to 2002. The increase in expenses was due primarily to higher fuel prices in addition to wage and benefit inflation and volume-related costs, as gross ton miles increased 3% for the year. A 2% reduction in employment levels, combined with lower depreciation expense and cost control efforts partially offset the increase. Cost control efforts are defined as focused actions to reduce discretionary spending and failure costs. Expenses in the third and fourth quarters were also negatively affected by increased crew and asset utilization costs, associated with a deterioration in network fluidity as discussed under Other Matters in this Item 7. Salaries, Wages and Employee Benefits- Salaries, wages and employee benefits were $3.8 billion and $3.6 billion in 2003 and 2002, respectively. The increase in 2003 of$213 million (6%) was driven by the adoption ofFASB Statement No. 143, "Accounting for Asset Retirement Obligations" (FAS 143), which accounted for $110 million of the increase. Other drivers included inflation, volume-related_costs (driven by a 3% increase in grossJon miles), prote_ction_cQsts, increased crew utilization costs due to a shortage of available crews and pension expense. Protection cost represents the differential payment when the wage earned for active employment is lower than an employee's "protected" rate of pay. An individual's protected rate is imposed by the Surface Transportation Board for employees adversely affected by a merger or is established by collective bargaining agreements in other cases. Equipment and Other Rents - Equipment and other rents primarily includes rental expense we pay for freight cars owned by other railroads or private companies; freight car, intermodal and locomotive leases; other specialty equipped vehicle leases; and office and other rentals. Expenses decreased $17 million (1%) in 2003 compared to 2002. The decrease was due primarily to lower rental prices for private railcars, partially offset by higher locomotive lease expense and increased car cycle times driven by higher inventory of cars on the system due to slower network train speed in the third and fourth quarters. Car cycle time for equipment and other rents is defined as the average number of accumulated days that loaded and empty cars from other railroads spend on our system. The higher locomotive lease expense is attributable to our increased leasing of new, more reliable and fuel efficient locomotives. These new locomotives replaced older, non-leased models in the fleet, which helped reduce expenses for depreciation, labor, materials and fuel during the year. Depreciation - The majority of depreciation relates to track structure, including rail, ties and other track material. Depreciation expense decreased $76 million (7%) in 2003 from 2002 levels. The decrease was driven by the adoption of 17 FAS 143 as well as the implementation of depreciation studies approved by the Surface Transportation Board, which resulted in lower depreciation rates in 2003 for certain track assets, partially offset by increased rates for locomotives and other assets. Conversely, capital spending in recent years has increased the total value of depreciable assets, partially offsetting the favorable impact ofFAS 143 and the depreciation studies in 2003. Fuel and Utilities - Fuel and utilities include locomotive fuel, utilities other than telephone and gasoline and other fuels. Expenses increased $276 million (26%) in 2003 over 2002. The increase was driven by fuel prices, which averaged 92 and 73 cents per gallon in 2003 and 2002, respectively (including taxes and transportation costs). The higher fuel price in 2003 contributed $255 million to the increase; however, approximately 44% of these costs were recovered through our fuel surcharge programs and are included in operating revenues. A 3% increase in gross ton miles in 2003 resulted in an additional $25 million in fuel expense. Additionally, we hedged approximately 13% and 42% of our fuel consumption for 2003 and 2002, in accordance with the Company's policy applicable to hedging, which decreased fuel costs by $28 million in 2003 and $55 million in 2002. Materials and Supplies - Materials used for the maintenance of our rail lines, structures and equipment is the principal component of materials and supplies expense. Office, small tools and other supplies and the costs of freight services purchased to ship company materials are also included. Expenses decreased by $51 million (11%) in 2003. The lower expense in 2003 was primarily driven by costs associated with track removal. Additionally, expense decreased due to fewer locomotives repaired, cost control measures and a shift to more contracting oflocomotive repairs, which resulted in a corresponding increase to Purchased Services and Other Costs. The reduction was partially offset by higher costs for locomotive materials. Casualty Costs - The largest component of casualty costs is personal injury expense. Freight and property damage, insurance, environmental matters and occupational illness expense are also included in casualty costs. Costs in 2003 increased $51 million (14%). The increase in 2003 was driven by higher personal injury expense, insurance costs due to increased premiums and expenses associated with destruction of foreign equipment. Destruction of foreign equipment expense is incurred when equipment owned by other railroads is damaged while in our possession. Purchased Services and Other Costs - Purchased services and other costs include the costs of services purchased from outside contractors, state and local taxes, net costs of operating facilities jointly used by us and other railroads, transportation and lodging for train crew employees, trucking and contracting costs for intermodal containers, leased automobile maintenance expenses, telephone and cellular expense, employee travel expense and computer and other general expenses. Expenses increased $201 million (22%) in 2003, as a result of higher state and local taxes, increased spending for contract services and joint facility expense. Crew transportation costs and trucking expenses for intermodal containers also increased due to network performance. State and local taxes increased primarily as a result of higher income levels used to assess property taxes. Growth in contract services was primarily driven by higher costs for contracting oflocomotive maintenance (referenced in Materials and Supplies) and contract-related expenses resulting from the cost of track removal. Joint facilities costs were up due to reduced haulage receipts and increased expenses associated with a new joint facility contract. Operating Income - Operating income decreased $191 million (8%) to $2.1 billion in 2003. Revenue growth, productivity gains and lower depreciation expense were more than offset by higher fuel prices, inflation, volume and resource utilization costs. Non-Operating Items - Interest expense decreased $49 million (9%) in 2003. The improvement was a result oflower weighted-average debt levels, including intercompany borrowings, of $6,587 million and $7,117 million in 2003 and 2002, as well as lower weighted-average interest rates of7.5% in 2003 and 7.6% in 2002. Other income fell $202 million in 2003. The reduction was primarily a result of higher 2002 real estate gains (2002 asset sales to the Utah Transit Authority with a pre-tax value of$141 million and the Santa Clara Valley Transit Authority with a pre-tax value of$73 million). Income tax expense decreased $110 million (15%) in 2003 versus 2002. The decrease was driven by lower pre-tax income, which was partially offset by a tax adjustment recognized in 2002 for prior years' income tax examinations. 18 . . . . . . OTHER MATTERS Intercompany Relationship with UPC - At December 31, 2003 and 2002, we had $972 million and $904 million working capital deficit balances, respectively, relating to UPC's management of our cash position. As part of UPC's cash management activities, we advance excess cash (cash available after satisfying all of our obligations and paying dividends to UPC) to UPC. We declare and pay dividends to UPC which typically approximate the dividends that UPC declares to its shareholders; however, there is no formal requirement to do so. The dividend declaration between us and UPC is determined solely by our Board of Directors. To the extent we require additional cash for use in our operations, UPC makes such funds available to us for borrowing. Transactions between UPC and us are treated as net intercompany borrowings in the Consolidated Statements of Financial Position. The majority of our intercompany borrowings from UPC relate to the acquisitions of the Chicago and North Western Transportation Company and Southern Pacific Rail Corporation which were funded by UPC on our behalf. We assumed these acquisition costs in the form of intercompany borrowings from UPC. The intercompany borrowings accrue interest at an annual rate of 7.5%, which may be adjusted from time to time, and are payable on demand. There are no restrictions on the amount we are able to borrow from UPC. Intercompany borrowings are unsecured and rank equally with all of our other unsecured indebtedness. UPC provides us with various services, including strategic planning, legal, treasury, accounting, auditing, insurance, human resources and corporate affairs. In 2003, pursuant to a services agreement, UPC will continue to provide services to us, and we will pay UPC its share of the costs as determined by an independent review. Billings for these services were $58 million for the year ended December 31, 2003. Ratio of Earnings to Fixed Charges - For the years ended December 31,2003 and 2002, our ratio of earnings to fixed charges was 3.7 and 3.9, respectively. The ratio of earnings to fixed charges is based on continuing operations. Earnings represent income before cumulative effect of accounting change, less equity in undistributed earnings of unconsolidated affiliates, plus fixed charges and income taxes. Fixed charges represent interest charges, amortization of debt discount and the estimated amount representing the interest portion of rental charges. The change in our ratio is due primarily to the changes in our income from continuing operations. Inflation - The cumulative effect of long periods of inflation has significantly increased asset replacement costs for capital-intensive companies. As a result, assuming that all operating assets are replaced at current price levels, depreciation charges (on an inflation-adjusted basis) would be substantially greater than historically reported amounts. Derivative Financial Instruments - We use derivative financial instruments in limited instances for other than trading purposes to manage risk related to changes in fuel prices. We are not a party to leveraged derivatives and, by policy, do not use derivative financial instruments for speculative purposes. Financial instruments qualifying for hedge accounting must maintain a specified level of effectiveness between the hedging instrument and the item being hedged, both at inception and throughout the hedged period. We formally document the nature and relationships between the hedging instruments and hedged items, as well as our risk-management_objectives, strategies for undertaking the_various hedge transactions and method of assessing hedge effectiveness. We use swaps, collars, futures and/or forward contracts to mitigate the downside risk of adverse price movements and hedge the exposure to variable cash flows. The use of these instruments also limits future gains from favorable movements. The purpose of these programs is to protect our operating margins and overall profitability from adverse fuel price changes. Market and Credit Risk - We address market risk related to derivative financial instruments by selecting instruments with value fluctuations that highly correlate with the underlying item being hedged. Credit risk related to derivative financial instruments, which is minimal, is managed by requiring high credit standards for counterparties and periodic settlements. At December 31, 2003 we have not been required to provide collateral, nor have we received collateral relating to our hedging activities. In addition, we enter into secured financings in which the debtor has pledged collateral. The collateral is based upon the nature of the financing and the credit risk of the debtor. We generally are not permitted to sell or repledge the collateral unless the debtor defaults. 19 Determination of Fair Value - The fair values of our derivative financial instrument positions at December 31, 2003 and 2002 were determined based upon current fair values as quoted by recognized dealers or developed based upon the swap spread. . Sensitivity Analyses - The sensitivity analyses that follow illustrate the economic effect that hypothetical changes in interest rates or fuel prices could have on our results of operations and financial condition. These hypothetical changes do not consider other factors that could impact actual results. Interest Rates - At December 31,2003 and 2002, we had variable-rate debt representing approximately 1 % of our total debt for both years. If variable interest rates average one percentage point higher in 2004 than our December 31, 2003 variable rate, which was approximately 3%, our interest expense would increase by less than $1 million. If variable interest rates averaged one percentage point higher in 2003 than our 2002 annual variable rate, which was approximately 3%, our interest expense would have increased by less than $1 million. This amount was determined by considering the impact of the hypothetical interest rates on the balances of our variable-rate debt at December 31, 2003 and 2002, respectively. Market risk for fixed-rate debt is estimated as the potential increase in fair value resulting from a hypothetical one percentage point decrease in interest rates as of December 31,2003, and amounts to approximately $201 million at December 31, 2003. Market risk resulting from a hypothetical one percentage point decrease in interest rates as of December 31,2002, amounted to approximately $198 million at December 31, 2002. The fair values of our fixed-rate debt were estimated by considering the impact of the hypothetical interest rates on quoted market prices and current borrowing rates. Fuel- Fuel costs are a significant portion of our total operating expeI].ses. As a result of the significance of fuel costs and the historical volatility of fuel prices, we periodically use swaps, collars, futures and/or forward contracts, as well as our fuel surcharge programs, to mitigate the impact of adverse fuel price changes. As of December 31, 2003, collars are in place for 9% of expected fuel consumption for 2004. The collars have a floor of $0.64, a cap of $0.74 and a ceiling of $0.86 per gallon, excluding taxes, transportation costs and regional pricing spreads. As of December 31, 2003, we had no outstanding hedges for 2005. Based on annualized fuel consumption during 2003, and excluding the impact of the hedging program, each one-cent increase in the price of fuel would have resulted in approximately $8 million of additional fuel expense, after tax. . As of December 31, 2002, we hedged approximately 7% of our forecasted 2003 fuel consumption using fuel swaps at $0.58 per gallon, excluding taxes, transportation costs and regional pricing spreads. Acc~unt:ing J?r~mouncements - In December 2003, the FASB published a revision to FASB Interpretation No. 46 "Consolidation of Variable Interest Entities" (FIN 46) to clarify some of the provisions and to exempt certain entities from its requirements. Under the new guidance, special effective date provisions apply to enterprises that have fully or partially applied FIN 46 prior to issuance of the revised interpretation. We adopted FIN 46 in June of 2003. The revision did not require us to modify our accounting related to the implementation of FIN 46. Network Performance - Our network performance and operating efficiency were adversely affected in the third and fourth quarters by a shortage of trainmen and engineers, combined with an expanded summer track maintenance program and fourth quarter record-level volumes. Additional operating expenses were incurred as crew utilization costs and car cycle times increased due to slower network train speed. As discussed under Operating Expenses in this Item 7, labor, rent expense and other costs were affected by our network performance. Programs have been put in place, which we believe should remedy the situation, including, among other things, hiring and training additional employees and accelerating certain locomotive acquisitions. Commitments and Contingencies - There are various claims and lawsuits pending against us and certain of our subsidiaries. We are also subject to various federal, state and local environmental laws and regulations, pursuant to which we are currently participating in the investigation and remediation of various sites. . 20 . . . CAUTIONARY INFORMATION Certain statements in this report are, and statements in other material filed or to be filed with the Securities and Exchange Commission (as well as information included in oral statements or other written statements made or to be made by us) are, or will be, forward-looking statements as defined by the Securities Act of 1933 and the Securities Exchange Act of 1934. These forward-looking statements include, without limitation, statements regarding: expectations as to operational improvements; expectations as to cost savings, revenue growth and earnings; the time by which certain objectives will be achieved; estimates of costs relating to environmental remediation and restoration; proposed new products and services; expectations that claims, lawsuits, environmental costs, commitments, contingent liabilities, labor negotiations or agreements, or other matters will not have a material adverse effect on our consolidated financial condition, results of operations or liquidity; and statements concerning projections, predictions, expectations, estimates or forecasts as to our business, financial and operational results, and future economic performance, statements of management's goals and objectives and other similar expressions concerning matters that are not historical facts. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times that, or by which, such performance or results will be achieved. Forward- looking information is based on information available at the time and/or management's good faith belief with respect to future events, and is subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in the statements. The following important factors, in addition to those discussed in "Risk Factors" in Item 7, could affect our future results and could cause those results or other outcomes to differ materially from those expressed or implied in the forward-looking statements: . whether we are fully successful in implementing our financial and operational initiatives, including gaining new customers and retaining existing ones, along with containment of operating costs; . material adverse changes in economic and industry conditions, both within the United States and globally; . the effects of adverse general economic conditions affecting customer demand and the industries and geographic areas that produce and consume commodities carried by us; . industry competition, conditions, performance and consolidation; . general legislative and regulatory developments, including possible enactment of initiatives to re- regulate the rail industry; . legislative, regulatory, or legal developments involving taxation, including enactment of new federal or state income tax rates, revisions of controlling authority, and the outcome of tax claims and litigation; . changes in securities and capital markets; . natural events such as severe weather, fire, floods, earthquakes or other disruptions of our operating systems, structures and equipment; . any adverse economic or operational repercussions from terrorist activities and any governmental response thereto; . war or risk of war; . changes in fuel prices; . changes in labor costs and labor difficulties, including stoppages affecting either our operations or our customers' abilities to deliver goods to us for shipment; and 21 . the outcome of claims and litigation, including those related to environmental contamination, personal injuries and occupational illnesses arising from hearing loss, repetitive motion and exposure to asbestos and diesel fumes. Forward-looking statements speak only as of the date the statement was made. We assume no obligation to update forward-looking information to reflect actual results, changes in assumptions or changes in other factors affecting forward-looking information. If we do update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect thereto or with respect to other forward-looking statements. Item 7 A. Ouantitative and Qualitative Disclosures about Market Risk Information concerning market risk sensitive instruments is set forth under Management's Narrative Analysis of the Results of Operations - Other Matters, Item 7. **************************************** 22 . . . . . . Item 8. Financial Statements and Supplementary Data Index to Consolidated Financial Statements Independent Auditors' Report. ......... ..... ...... ................ ................. .................. ............. ..... .......... .............. Consolidated Statements ofIncome For the Years Ended December 31, 2003, 2002 and 2001.................................................................. Consolidated Statements of Financial Position At December 31,2003 and 2002.......................................................................................................... Consolidated Statements of Cash Flows For the Years Ended December 31, 2003, 2002 and 2001 .................................................................. Consolidated Statements of Changes in Common Shareholders' Equity For the Years Ended December 31,2003,2002 and 2001 .................................................................. Notes to the Consolidated Financial Statements...................................................................................... 23 Page 24 25 26 27 28 29 INDEPENDENT AUDITORS' REPORT To the Board of Directors Union Pacific Railroad Company Omaha, Nebraska . We have audited the accompanying consolidated statements of financial position of Union Pacific Railroad Company (an indirect wholly owned subsidiary of Union Pacific Corporation) and Consolidated Subsidiary and Affiliate Companies (the Company) as of December 31, 2003 and 2002, and the related consolidated statements of income, changes in common shareholders' equity and cash flows for each of the three years in the period ended December 31, 2003. Our audits also included the consolidated financial statement schedule listed in the Table of Contents at Part N, Item 15. These consolidated financial statements and consolidated financial statement schedule are the responsibility of the Company's management. Our responsibility is to express an opinion on the consolidated financial statements and consolidated financial statement schedule based on our audits. We conducted our audits in accordance with auditing standards generally accepted in the United States of America. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion. In our opinion, such consolidated financial statements present fairly, in all material respects, the financial position of Union Pacific Railroad Company and Consolidated Subsidiary and Affiliate Companies at December 31, 2003 and 2002, and the results of their operations and their cash flows for each of the three years in the period ended December 31,2003, in conformity with accounting principles generally accepted in the United States of America. Also, in our opinion, such consolidated financial statement schedule, when considered in relation to the basic consolidated financial statements taken as a whole, presents fairly in all material respects the information set forth therein. As discussed in Note 13 to the consolidated financial statements, the Company changed its method of accounting for asset retirement obligations in 2003. . Isl DELOITTE & TOUCHE LLP Omaha, Nebraska February 6, 2004 . 24 . . . CONSOLIDATED STATEMENTS OF INCOME Union Pacific Railroad Company and Consolidated Subsidiary and Affiliate Companies Millions of Dollars, for the Years Ended December 31, 2003 2002 2001 Operating revenues................. .... .............. ......... .......................... ...... ..... ............ ...... $11,509 $11,103 $10,800 Operating expenses: Salaries, wages and employee benefits ................................................................ 3,803 3,590 3,514 Equipment and other rents ................................................................................. 1,218 1,235 1,211 Depreciation......................................................................................................... 1,063 1,139 1,120 Fuel and utilities. ................................. ................... ..... ....... ........... ...... ................. 1,341 1,065 1,249 Materials and supplies. .............. ...... ............ .............. ..... ........... .......... ...... .......... 413 464 473 Casualty costs......... ......... ....... ................ ...... .............. ..... ........... ..... ..................... 411 360 328 Purchased services and other costs ..................................................................... 1,118 917 824 Total operating expenses............ ..... .............. .......... ................... .... ................... ....... 9,367 8,770 8,719 Operating income......... .......... ... .......... ................................ ..... ......... ......... .............. 2,142 2,333 2,081 Other income ...... .......................... ........ ..... .............. ......... ....... ................................. 119 321 174 Interest expense.... ...... ........ ................. ....... ......... ......... ........... ......... ....... ................. (492) (541) (584) Income before income taxes .................................................................................... 1,769 2,113 1,671 Income taxes. ..... ......................... .................. ...... ................ ........ .............. ......... ....... (629) (739) (613) Income before cumulative effect of accounting change ......................................... 1,140 1,374 1,058 Cumulative effect of accounting change, net of income tax: expense of$167 ....... 274 - - Net income. .......... ....... ............ .................... ......... .......... ......... .... ...... ......... ....... ........ $ 1,414 $ 1,374 $ 1,058 The accompanying notes are an integral part of these Consolidated Financial Statements. 25 CONSOLIDATED STATEMENTS OF FINANCIAL POSITION Union Pacific Railroad Company and Consolidated Subsidiary and Affiliate Companies Millions of Dollars, as of December 31, 2003 2002 Assets Current assets: Cash and temporary investments .......................................................................... $ 154 $ 110 Accounts receivable, net. ................. ..... .......... .................. ............ .... ............... ... .... 473 529 Inventories ... .......... ......... ....... ............ .............. ...... ............. ..... ............ ....... ............ 267 277 Current deferred income taxes .............................................................................. 184 281 Other current assets...... ..... ......... ....... ....... ..... .................. .................. ..... ......... ....... 181 189 Total current assets......... ... ................... ......... ................. ......................... ...... ....... ..... 1,259 1,386 Investments: Investments in and advances to affiliated companies........................................... 688 649 Other investments... ............. ........ .............. ........................ ................ ... ................. 37 49 Total investments .. ................. ...... ...... .......... ....................... .............. ................... ..... 725 698 Properties: Road and other ........................ ............... ............. ...... ........................ ..... ................ 30,635 29,370 Equipment ... ........................... ..... ........................ ........... ............... ................. ........ 7,649 7,451 Total cost............ ......... ................................ .................................. ......................... 38,284 36,821 Accumulated depreciation ....... ......... .................................. ..................... ............. (8,022) (7,841) Net properties..... ...................... ............. .............. ................ ........................... ...... ..... 30,262 28,980 Other assets ........... .... ..... ............................... ......... ...................... ............... ............... 295 250 Total assets ...... .............. ............ ........... .................. ..... ................... ................. ........... $32,541 $31,314 Liabilities and Common Shareholders' Equity Current liabilities: Accounts payable ................... ................... .......... ..... .......... ......... ..................... ....... $ 502 $ 416 Accrued wages and vacation .................................................................................. 359 362 Accrued casualty costs .......... ............................... .... ......... ...... ....... ......... ......... ....... 385 403 Income and other taxes .......................................................................................... 247 226 Debt due within one year ....................................................................................... 167 275 Interest payable.... ......... ............ ........... .............. .............. ............. ............. ............. 73 71 Other current liabilities ... ............ ....................... ....... ........................... ......... ......... 498 537 Total current liabilities. .................. ..... ...................... ............. ...... .................... ......... 2,231 2,290 Intercompany borrowings from UPC ...................................................................... 4,372 4,464 Third-party debt due after one year ......................................................................... 1,998 1,984 Deferred income taxes. .............. .......... ................. ................. ...... ..... .......... .......... ..... 9,287 8,823 Accrued casualty costs............... .......... ............... ..... ................. ......... ............. ...... ..... 595 658 Retiree benefits obligation ........... .................................. .... ......... .... ............... ........... 678 888 Other long-term liabilities ................. ......... ..... ......... ......... ........................... ............ 319 333 Redeemable preference shares .................................................................................. 16 18 Commitments and contingencies Common shareholders' equity..... ..................... .............. ............... ........ ......... ..... ..... 13,045 11,856 Total liabilities and common shareholders' equity.................................................. $32,541 $31,314 The accompanying notes are an integral part of these Consolidated Financial Statements. 26 . . . . . . CONSOLIDATED STATEMENTS OF CASH FLOWS Union Pacific Railroad Company and Consolidated Subsidiary and Affiliate Companies Millions of Dollars, for the Years Ended December 31, 2003 2002 2001 Operating Activities Net income. ........... ................... ........ ................. ......... ..... ..... .......... ............ ......... $1,414 $1,374 $ 1,058 Adjustments to reconcile net income to net cash provided by operating activities: Cumulative effect of accounting change......................................................... (274) - - Depreciation ........... .............. ............... ..... ............ .................. .................. ........ 1,063 1,139 1,120 Deferred income taxes ....... ....... .......... ......... ...... ............ ............. .............. ....... 378 529 428 Cash paid to fund pension plan ...................................................................... (100) (100) - Other, net . ....... ....... ................... ............... ............. .................. .............. ...... ..... ( 467) (316) (432) Changes in current assets and liabilities, net .................................................. 123 (307) (150) Cash provided by operating activities................................................................ 2,137 2,319 2,024 Investing Activities Capital investments....... ................... ................... .... .... ...... .............. ...... .............. (1,749) (1,691) (1,563) Proceeds from asset sales .................................................................................... 150 409 317 Other investing activities, net ....... ... ..... ......... ............. ...... .......... ............... ......... 126 (52) (133) Cash used in investing activities......................................................................... (1,473) (1,334) (1,379) Financing Activities Dividends paid to parent .................................................................................... (251) (205) (200) Debt repaid... ................ .......... .... ........ ...... ......... ... ...... ..... ......................... ........... (279) (219) (368) Advances to affiliates .... ......... ....................... ......... ..... .................... ............. ....... (92) (539) (78) Financings ................ ................. ................ .............. ..... ..... ......... ..... ..... ..... .......... 2 1 - Cash used in financing activities ........................................................................ (620) (962) (646) Net change in cash and temporary investments................................................ 44 23 (1) Cash and temporary investments at beginning of year ..................................... 110 87 88 Cash and temporary investments at end of year ............................................... $ 154 $ 110 $ 87 Changes in Current Assets and Liabilities, Net Accounts receivable, net .............. .................. ............. .......... ........ ......... ............. $ 56 $ (89) $ (47) Inventories........................................................................................................... 10 (27) 97 Other current assets ..... ................... ..... ............. .... ..... ......... .................. ........ ...... 8 (44) (24) Accounts, wages and vacation payable .............................................................. 83 (71) (97) Other current liabilities...................... .............. ......... .......... ...... ............... .......... (34) (76) (79) Total.... ............... ................ .......................... ........ ....... ....... .............. .................... $ 123 $ (307) $ (150) Supplemental cash flow information: Non-cash transactions: Non-cash locomotive lease financings .................................................... $ 188 $ 126 $ 124 Cash paid during the year for: Interest.. ....................... ..... ......... ......... ......... ..... ..... ....................... ............. $ 490 $ 549 $ 595 Income taxes, net..... .......... .......... ......... .......... .......... ..... ....... ........ ..... ........ 204 278 111 The accompanying notes are an integral part of these Consolidated Financial Statements. 27 CONSOLIDATED STATEMENTS OF CHANGES IN COMMON SHAREHOLDERS' EQUITY Union Pacific Railroad Company and Consolidated Subsidiary and Affiliate Companies . Accumulated Other Comprehensive Income (Loss) Minimum Foreign Pension Currency Common Class A Paid-in- Retained Liability Translation Derivative Millions of Dollars Stock [a] Stock [b] Surplus Earnings Adjustments Adjustments Adjustments Total Total Balance at January 1,2001...................... $- $- $4,782 $5,197 $ (2) $ 2 $- $- $ 9,979 Net income .............................................. - - - 1,058 - - - - 1,058 Other comprehensive income [cJ ........... - - - - (5) 1 (7) (11) (11) Comprehensive income.......................... 1,047 Dividends declared ................................ - - - (200) - - - - (200) Balance at December 31, 2001................ - - 4,782 6,055 (7) 3 (7) (11) 10,826 Net income .............................................. - - - 1,374 - - - - 1,374 Other comprehensive income (loss) [cJ. - - - - (141) (12) 14 (139) (139) Comprehensive income.......................... 1,235 Dividends declared ................................ - - - (205) - - - - (205) Balance at December 31, 2002................ - - 4,782 7,224 (148) (9) 7 (150) 11,856 Net income .............................................. - - - 1,414 - - - - 1,414 Other comprehensive income (loss) [c}. - - - - 39 (9) (4) 26 26 Comprehensive income.......................... 1,440 Dividends declared ................................ - - - (251) - - - - (251) Balance at December 31, 2003................ $- $- $4,782 $8,387 $(109) $(18) $3 $(124) $13,045 [a] Common stock $10.00 par value: 9,200 shares authonzed; 4,465 outstandmg (see note 8 to the Consolidated Financial Statements). [b] Class A stock, $10.00 par value: 800 shares authorized, 388 outstanding. [c] Other comprehensive income (loss), net of tax of $16, $(85) and $(6) in 2003, 2002 and 2001, respectlvely. . The accompanying notes are an integral part of these Consolidated Financial Statements. . 28 . . . NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Union Pacific Railroad Company and Consolidated Subsidiary and Affiliate Companies For purposes of this report, unless the context otherwise requires, all references herein to the "Company", "we", "us", and "our" mean Union Pacific Railroad Company. Significant Accounting Policies Principles of Consolidation - The Consolidated Financial Statements include the accounts of Union Pacific Railroad Company, a Delaware corporation, and all of its subsidiaries and certain affiliates (collectively, the Company, UPRR or the Railroad). The Company is an indirect wholly owned subsidiary of Union Pacific Corporation, a Utah corporation (the Corporation or UPC). Investments in affiliated companies (20% to 50% owned) are accounted for using the equity method of accounting. All significant intercompany transactions are eliminated. Cash and Temporary Investments - Temporary investments are stated at cost which approximates fair value and consist of investments with original maturities of three months or less. Inventories - Inventories consist of materials and supplies carried at the lower of average cost or market. Property and Depreciation - Properties are carried at cost. Provisions for depreciation are computed principally on the straight-line method based on estimated service lives of depreciable property. The cost (net of salvage) of depreciable rail property retired or replaced in the ordinary course of business is charged to accumulated depreciation, and no gain or loss is recognized. A gain or loss is recognized in other income for all other property upon disposition. The cost of internally developed software is capitalized and amortized over a five-year period. An obsolescence review of capitalized software is performed on a periodic basis. Impairment of Long-lived. Assets - We review long-lived assets, including identifiable intangIbles, for impairment when events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. If impairment indicators are present and the estimated future undiscounted cash flows are less than the carrying value of the long-lived assets, the carrying value is reduced to the estimated fair value as measured by the discounted cash flows. Revenue Recognition - We recognize commodity revenues on a percentage-of-completion basis as freight moves from origin to destination. Other revenue is recognized as service is performed or contractual obligations are met. Translation of Foreign Currency - Our portion of the assets and liabilities related to foreign investments are translated into U.s. dollars at the exchange rates in effect at the balance sheet date. Revenues and expenses are translated at the average rates of exchange prevailing during the year. Unrealized adjustments are reflected within shareholders' equity as accumulated other comprehensive income or loss. Transaction gains and losses related to intercompany accounts are not significant. Financial Instruments - The carrying value of our non-derivative financial instruments approximates fair value. The fair value of financial instruments is generally determined by reference to market values as quoted by recognized dealers or developed based upon the present value of expected future cash flows discounted at the applicable swap spread. We periodically use derivative financial instruments, for other than trading purposes, to manage risk related to changes in fuel prices. Stock-Based. Compensation - We participate in UPC's stock incentive programs. At December 31, 2003, the Corporation had several stock-based employee compensation plans, which are described more fully in note 9. We account for those plans under the recognition and measurement principles of APB Opinion No. 25, "Accounting for Stock Issued to Employees", and related Interpretations. No stock-based employee compensation expense, related to stock option grants, is reflected in net income as all options granted under those plans had an exercise price equal to the market value of the underlying common stock on the date of grant. Stock -based employee compensation expense related 29 to restricted stock, units and other incentive plans is reflected in net income. The following table illustrates the effect on net income if we had applied the fair value recognition provisions of Financial Accounting Standards Board (F ASB) Statement No. 123, <<Accounting for Stock-Based Compensation", to stock-based employee compensation. . Year Ended December 31, Millions of Dollars, Except Per Share Amounts 2003 2002 2001 Net income, as reported ............................................................................ $1,414 $1,374 $1,058 Stock-based employee compensation expense included in reported net income, net of tax .............................................................................. 17 8 5 Total stock-based employee compensation expense determined under fair value based method for all awards, net of tax ............................ (31) (22) (24) Pro forma net income ............................................................................... $1,400 $1,360 $1,039 Use of Estimates - Our Consolidated Financial Statements include estimates and assumptions regarding certain assets, liabilities, revenues and expenses and the disclosure of certain contingent assets and liabilities. Actual future results may differ from such estimates. Income Taxes - We account for income taxes in accordance with F ASB Statement No. 109, "Accounting for Income Taxes". The objectives of accounting for income taxes are: (1) to recognize the amount oftaxes payable or refundable for the current year; and (2) to recognize the future tax consequences (deferred taxes) associated with items of income or expense that are reported in an entity's financial statements in different time periods than its tax returns. Deferred taxes are measured using current tax law; future changes in tax laws are not anticipated, but such future changes could have a material impact on our financial condition or our results of operations. Pension and Postretirement Benefits - We incur certain employment-related expenses associated with pensions and postretirement health benefits. In order to measure the expense associated with these benefits, we must make various estimates including discount rates used to value certain liabilities, expected return on plan assets used to fund these expenses, salary increases, employee turnover rates, anticipated mortality rates and expected future healthcare costs. The estimates used by us are based on our historical experience as well as current facts and circumstances. We use third-party actuaries to assist us in properly measuring the expense and liability associated with these benefits. Actual results that vary from the previously mentioned assumptions could have a material impact on our results of operations, financial condition or liquidity. . Personal Injury - The cost of injuries to employees and others on our property is charged to expense based on estimates of the ultimate cost and number of incidents each year . We use third party actuaries to assist us in properly measuring the expense and liability. Environmental - When environmental issues have been identified with respect to the property owned, leased or otherwise used in the conduct of our business, we and our consultants perform environmental assessments on such property. We expense the cost of the assessments as incurred. We accrue the cost of remediation where our obligation is probable and such costs can be reasonably estimated. Differences in Securities and Exchange Commission (SEe) and Surface Transportation Board (STB) Accounting - STB accounting rules require that railroads accrue the cost of removing track structure over the expected useful life of these assets. Railroads historically used this prescribed accounting for reports filed with both the STB and SEC. In August 2001, the FASB issued Statement No. 143, "Accounting for Asset Retirement Obligations" (FAS 143). This statement was effective for us beginning January 1, 2003, and prolnbits the accrual of removal costs unless there is a legal obligation to remove the track structure at the end of its life. We concluded that we did not have a legal obligation to remove the track structure, and therefore, under generally accepted accounting principles, we could not accrue the cost of removal in advance. As a result, reports filed with the SEC will reflect the expense of removing these assets in the period in which they are removed. Change in Presentation - Certain prior year amounts have been reclassified to conform to the 2003 Consolidated Financial Statement presentation. These reclassifications had no effect on previously reported operating income or net income. . 30 . . . 1. Operations We are a Class I railroad that operates in the United States. Our operating results have included Southern Pacific Rail Corporation since October 1996. In addition, during 1997, we acquired an ownership interest in a consortium, which was granted a 50-year concession to operate the Pacific-North and Chihuahua Pacific lines in Mexico. We made an additional investment in the consortium in 1999 and currently hold a 26% ownership interest in the consortium. We have approximately 33,000 route miles linking Pacific Coast and Gulf Coast ports with the Midwest and eastern United States gateways and providing several north/south corridors to key Mexican gateways. We serve the western two- thirds of the country and maintain coordinated schedules with other rail carriers for the handling of freight to and from the Atlantic Coast, the Pacific Coast, the Southeast, the Southwest, Canada and Mexico. Export and import traffic is moved through Gulf Coast and Pacific Coast ports and across the Mexican and Canadian borders. Railroad freight is comprised of six commodity groups (percent of total commodity revenues for the year ended December 31, 2003): agricultural (14%), automotive (11 %), chemicals (14%), energy (22%), industrial products (20%) and intermodal (19%). Employees - Approximately 86% of our 46,000 full time equivalent employees are represented by 14 major rail unions. National negotiations under the Railway Labor Act to revise the national labor agreements for all crafts began in late 1999. In May 2001, the Brotherhood of Maintenance of Way Employees (BMWE) ratified an agreement, which included provisions for wage increases (based on the consumer price index) and progressive employee health and welfare cost sharing rates. In August 2002, the carriers reached an agreement with the United Transportation Union (UTU) that incorporated wage increases. The agreement also provided for the operation of remote control locomotives by trainmen that was challenged by the Brotherhood of Locomotive Engineers (BLE). A January 2003 arbitration decision held that the operation of remote control locomotives in terminals does not violate the BLE agreement. In November 2003, agreement was reached with the UTU on employee health and welfare cost sharing rates and plan design changes. In November 2002, the International Brotherhood of Boilermakers and Blacksmiths (IBB) reached an agreement that incorporated wage increases. In January 2003, an arbitration award was rendered establishing wage increases and employee health and welfare cost sharing rates for the Transportation Communications International Union (TCU). Health and welfare plan design changes were also part of the TCU agreement. Other settled agreements that incorporated wage increases and employee health and welfare cost sharing rates combined with plan design changes include the Brotherhood of Railway Signalmen (BRS) in September 2003 and the Brotherhood of Locomotive Engineers (BLE) in December 2003. Contract discussions with the remaining unions are either in negotiation or mediation. All settlements previously discussed include a five year contract period, expiring December 31, 2004. Effective January 2004, the Brotherhood of Locomotive Engineers merged with the International Brotherhood of Teamsters (IBT). The BLE has changed its name to the Brotherhood of Locomotive Engineers and Trainmen (BLET). Competition - Weare subject to competition from other railroads, motor carriers and barge operators. Our main rail competitor is Burlington Northern Santa Fe Corporation. Its rail subsidiary, The Burlington Northern and Santa Fe Railway Company, operates parallel routes in many of our main traffic corridors. In addition, our operations are conducted in corridors served by other competing railroads and by motor carriers. Motor carrier competition is particularly strong with respect to five of our six commodity groups (excluding energy), due to shorter delivery times offered by such carriers. Because of the proximity of our routes to major inland and Gulf Coast waterways, barge competition can be particularly pronounced, especially for grain and bulk commodities. Competition can pressure both transit time requirements and pricing, as well as place a greater emphasis on the quality and reliability of the service provided. While we must build or acquire and maintain our rail system, trucks and barges are able to use public rights-of- way maintained by public entities. Any future improvements or expenditures materially increasing the quality of these alternative modes of transportation in the locations in which we operate, or legislation granting materially greater latitude 31 for motor carriers with respect to size or weight limitations, could have a material adverse effect on our results of operations, financial condition and liquidity. . Equipment Suppliers - Weare dependent on two key suppliers oflocomotives. Due to the capital intensive nature and sophistication of this equipment and its production, there are strong barriers of entry to potential new suppliers. Therefore, if one of these suppliers discontinues manufacturing locomotives, we could realize a significant increase in the cost and the potential for reduced availability of the locomotives that are necessary to our operations. 2. Transactions with Affiliates At December 31, 2003 and 2002, we had $972 million and $904 million working capital deficit balances, respectively, relating to UPC's management of our cash position. As part ofUPe's cash management activities, we advance excess cash (cash available after satisfying all of our obligations and paying dividends to UPC) to UPC. We declare and pay dividends to UPC which typically approximate the dividends that UPC declares to its shareholders; however, there is no formal requirement to do so. The dividend declaration between us and UPC is determined solely by our Board of Directors. To the extent we require additional cash for use in our operations, UPC makes such funds available to us for borrowing. Transactions between UPC and us are treated as net intercompany borrowings in the Consolidated Statements of Financial Position. The majority of our intercompany borrowings from UPC relate to the acquisitions of the Chicago and North Western Transportation Company and Southern Pacific Rail Corporation which were funded by UPC on our behalf. We assumed these acquisition costs in the form of intercompany borrowings from UPC. The intercompany borrowings accrue interest at an annual rate of 7.5%, which may be adjusted from time to time, and are payable on demand. There are no restrictions on the amount we are able to borrow from Upc. Intercompany borrowings are unsecured and rank equally with all of our other unsecured indebtedness. UPC provides us with various services, including strategic planning, legal, treasury, accounting, auditing, insurance, human resources and corporate affairs. In 2003, pursuant to a services agreement, UPC will continue to provide services to us, and we will pay UPC its share of the costs as determined by an independent review. Billings for these services were $58 million for the year ended December 31, 2003. . 3. Financial Instruments Strategy and Risk - We use derivative financial instruments in limited instances for other than trading purposes to manage risk related to changes in fuel prices. We are not a party to leveraged derivatives and, by policy, do not use derivative financial instruments for speculative purposes. Financial instruments qualifying for hedge accounting must maintain a specified level of effectiveness between the hedging instrument and the item being hedged, both at inception and throughout the hedged period. We formally document the nature and relationships between the hedging instruments and hedged items, as well as our risk-management objectives, strategies for undertaking the various hedge transactions and method of assessing hedge effectiveness. We use swaps, collars, futures and/or forward contracts to mitigate the downside risk of adverse price movements and hedge the exposure to variable cash flows. The use of these instruments also limits future benefits from favorable movements. The purpose of these programs is to protect our operating margins and overall profitability from adverse fuel price changes. Market and Credit Risk - We address market risk related to derivative financial instruments by selecting instruments with value fluctuations that highly correlate with the underlying hedged item. Credit risk related to derivative financial instruments, which is minimal, is managed by requiring high credit standards for counterparties and periodic settlements. At December 31, 2003, we had not been required to provide collateral, nor have we received collateral relating to our hedging activities. In addition, we enter into secured financings in which the debtor has pledged collateral. The collateral is based upon the nature of the financing and the credit risk of the debtor. We generally are not permitted to sell or repledge the collateral unless the debtor defaults. . 32 . . . Determination of Fair Value - The fair values of our derivative financial instrument positions at December 31, 2003 and 2002, were determined based upon current fair values as quoted by recognized dealers or developed based upon the swap spread. Fuel Strategy - Fuel costs are a significant portion of our total operating expenses. As a result of the significance of fuel costs and the historical volatility of fuel prices, we periodically use swaps, collars, futures and! or forward contracts, as well as our fuel surcharge programs, to mitigate the impact of adverse fuel price changes. The following is a summary of our derivative financial instruments for continuing operations at December 31, 2003 and 2002: Millions, Except Percentages and Average Commodity Prices Fuel hedging: Swaps and swaptions: Number of gallons hedged for 2002 [a] ......................................................................... Average price of2002 hedges (per gallon) [h] ............................................................... Number of gallons hedged for 2003 [e] ......................................................................... Average price of2003 hedges outstanding (per gallon) [h] .......................................... Collars: Number of gallons hedged for 2003......................................................................... Average cap price for 2003 collars outstanding [h] .................................................. Average floor price for 2003 collars outstanding [h] ................................................ Average ceiling price for 2003 collars outstanding [h] ............................................. Number of gallons hedged for 2004 ......................................................................... Average cap price for 2004 collars outstanding [h] .................................................. Average floor price for 2004 collars outstanding [h] ................................................ Average ceiling price for 2004 collars outstanding [h] ............................................. 2003 2002 552 $ $0.56 145 88 $0.63 $0.58 22 $0.77 $ $0.67 $ $0.88 $ 120 $0.74 $ $0.64 $ $0.86 $ [a] Fuel hedges which were In effect during 2002. [h] Excludes taxes, transportation costs and regional pricing spreads. [e] Fuel hedges which were in effect during 2003. These hedges expIred December 31,2003. The fair value asset and liability positions of our outstanding derivative financial instruments at December 31, 2003 and 2002 were as follows: Millions of Dollars 2003 2002 Fuel hedging: Gross fair value asset position ............................................................................................ $6 $12 Gross fair value (liability) position..................................................................................... - - Total fair value asset (liability) position, net ......................................................................... $6 $12 Fuel hedging positions will be reclassified from accumulated other comprehensive income (loss) to fuel expense over the life of the hedge as fuel is consumed. Our use of derivative financial instruments had the following impact on pre-tax income for the years ended December 31, 2003, 2002 and 2001: Millions of Dollars 2003 2002 2001 Decrease (increase) in fuel expense from fuel hedging................................... $28 $36 $(14) Decrease (increase) in fuel expense from fuel swaptions................................ - 19 (6) Decrease (increase) in operating expenses ...................................................... 28 55 (20) Increase (decrease) in other income, net from fuel swaptions....................... - 5 (18) Increase (decrease) in pre-tax income ............................................................. $28 $60 $(38) 33 Fair Value of Debt Instruments - The fair value of our long-term and short-term debt has been estimated using quoted market prices, where available, or current borrowing rates. At December 31, 2003 and 2002, the fair value of total debt exceeded the carrying value by approximately $247 million and $323 million, respectively. At December 31,2003 and 2002, approximately $262 million and $251 million, respectively, of fixed-rate debt securities contain call provisions that allow us to retire the debt instruments prior to final maturity, with the payment of fixed call premiums, or in certain cases, at par. . Sale of Receivables - We have sold without recourse on a 364-day revolving basis, an undivided interest in a designated pool of accounts receivable to investors through Union Pacific Receivables, Inc. (UPRI), a bankruptcy-remote subsidiary. At December 31, 2003 and 2002, UPRI had transferred $695 million and $667 million, respectively, of accounts receivable to the investors. UPRI subsequently sells an interest in such pool to the investors and retains an undivided interest in a portion of these receivables. This retained interest is included in accounts receivable in our Consolidated Financial Statements. At December 31,2003 and 2002, UPRI had a retained interest of$105 million and $67 million, respectively. The outstanding undivided interest held by investors of $590 million and $600 million at December 31, 2003 and 2002, respectively, is sold at carrying value, which approximates fair value, and there is no gain or loss recognized from the transaction. These sold receivables are no longer included in our Consolidated Financial Statements. On August 7, 2003, the program was renewed for one year with a capacity to sell to the investors an undivided interest in accounts receivable of $600 million. The amount of receivables sold fluctuates based upon the availability of the amount of receivables eligible for sale and is directly affected by changing business volumes and credit risks, including default and dilution. If default or dilution percentages were to increase one percentage point, the amount of receivables available for sale would decrease by $6 million. Should UPC's credit rating fall below investment grade, the amount of receivables sold would be reduced, and, in certain cases, the investors have the right to discontinue this reinvestment. We have been designated by the investors to service the sold receivables; however, no servicing asset or liability has been recognized as the servicing fees adequately compensate us for our responsibilities. The costs of the sale of receivables program are included in other income and were $10 million, $13 million and $27 million in 2003, 2002 and 2001, respectively. The costs include interest, program fees paid to banks, commercial paper issuing costs, and fees for unused commitment availability. Payments collected from sold receivables can be reinvested in new receivables on behalf of the buyers. Proceeds from collections reinvested in the program were approximately $11 billion in both 2003 and 2002. . In January 2004, UPRI reduced the outstanding undivided interest held by investors by $30 million to $560 million, due to a decrease in available receivables at December 31, 2003. 4. Income Taxes We are included in the consolidated income tax return of the Corporation. The consolidated income tax liability of the Corporation is allocated among the parent and its subsidiaries on the basis of the separate contributions to the consolidated income tax liability, with the benefit of tax losses and credits utilized in consolidation allocated to the companies generating such losses and credits. . 34 . . . Components of income tax expense were as follows for the years ended December 31, 2003, 2002 and 2001: Millions of Dollars 2003 2002 2001 Current: Federal................................................................................................................... $208 $193 $175 State.. .............. ......... ............... .............. ...... ............. ................ ............. ................. 43 17 10 Total current ....................... ...... ......... .................... ........... ........................... ..... ......... 251 210 185 Deferred: Federal................................................................................................................... 396 466 378 State .......................... .................. ............ 0 ...................... ............ 0.... ........... ............ (18) 63 50 Total deferred..... ........................... ........... ........ ............... ....... .............. ......... ...... ....... 378 529 428 Total ......... .... .............. .............. ......... ..... .... ......... ......... .......... ............. ..... ......... ..... .... $629 $739 $613 Deferred income tax liabilities (assets) were comprised of the following at December 31, 2003 and 2002: Millions of Dollars 2003 2002 Net current deferred income tax asset ............................................................................... $ (184) $ (281) Property...... ....... ............................. ..... .............. ............................. ....... ......... ............... ...... 8,525 8,168 State taxes, net.......... 0......... ..... ..... ......... ......................... .......... ......................... .... .............. 655 653 Other .......... .................. ..... ......... ......... ..... ......... .......................... ....... ............. ........... ......... 107 2 Net long-term deferred income tax liability...................................................................... 9,287 8,823 Net deferred income tax liability... ................... ......... ......... .............. .......... ............. ........... $9,103 $8,542 For the years ending December 31, 2003, 2002 and 2001, a reconciliation between statutory and effective tax rates is as follows: Percentages 2003 2002 2001 Statutory tax rate...... ........ .............. ............ ................. .......... .............. ...... ................ 35.0% 35.0% 35.0% State taxes-net ................ ... ..... ..... ............ ....................... ............. .... .................. ........ 0.9 2.5 2.4 Other ..... ......... ................... ....... ................ ......... .... .......... ....... ...... ..... .................. ...... (0.3) (2.5) ( 0.7) Effective tax rate.... .................. .................. .... 0... ......... ........... ................ ......... ........... 35.6% 35.0% 36.7% All federal income tax years prior to 1986 are closed. Federal income tax liabilities for 1986 through 1994 have been resolved, pending final resolution of interest calculations, which may take several years. Resolution of these years resulted in a decrease in income tax expense of $33 million in 2002. Years 1995 through 1998 are currently under examination by the IRS. We believe we have adequately reserved for federal and state income taxes. 5. Debt Other than intercompany borrowings, the majority of our debt is publicly held. The intercompany borrowings accrue interest at an annual rate of 7 .5%, which may be adjusted from time to time, and are payable on demand. There are no restrictions on the amount we are able to borrow from UPC. Intercompany borrowings are unsecured and rank equally with all of our other unsecured indebtedness. Total debt as of December 31, 2003 and 2002, is summarized below: 35 Millions ofVollars 2003 2002 Intercompany borrowings from UPC, 7.5% ........................................................................... $4,372 $4,464 Capitalized leases, 4.7% to 11.6% due through 2026 ............................................................. 1,531 1,457 Equipment obligations, 6.3% to 10.3% due through 2019 .................................................... 374 534 Notes and debentures, 2% to 5.4% due through 2054 ........................................................... 157 160 Mortgage bonds, 4.3% to 4.8% due through 2030 ................................................................. 152 153 Tax-exempt financings, 2.6% due through 2015 .................................................................... 12 12 Unamortized discount................. ........ ....... .......... ................ ................. .......... ...... ............. ...... (61) (57) Total debt ..... ................ ......... ......... ............ ............ ......... ......... ............. ...... .......... ...... ...... ........ 6,537 6,723 Less current portion.......... ..... ......... .......... ................ ...... ......... ......... .......... ......... ......... ............ (167) (275) T otallong -term debt ................... .............. ............ ....... .................. .............. ......... ..... .... ....... ... $6,370 $6,448 . Debt Maturities - Aggregate debt maturities, excluding intercompany borrowings, as of December 31, 2003, are as follows: Millions ofVollars 2004 ............................................................................................................................................................. $ 167 2005 ................................................................................................................................................................. 242 2006 ............................................................................................................................................................. 149 2007 ..................................................................................................................................................................... 135 2008 ................................................................................................................................................................ 131 Thereafter ............. .......... ..... .............. ........................ ......................... ....... ........... ............... ........ .......... ..... 1,341 Total debt................................................................................................................................................... $2,165 In February 2004, we called our 4.25% mortgage bonds, with an outstanding balance of approximately $92 million and maturity date ofJanuary 1, 2005, for redemption in Aprll2004. Mortgaged Properties - Equipment with a carrying value of approximately $3.5 billion and $3.7 billion at December 31, 2003 and 2002, respectively, serves as collateral for the capital leases and other types of equipment obligations in accordance with the secured financing arrangements utilized to acquire such railroad equipment. . As a result of the merger of Missouri Pacific Railroad Company (MPRR) with and into UPRR on January 1,1997, and pursuant to the underlying indentures for the MPRR mortgage bonds, UPRR must maintain the same value of assets after the merger in order to comply with the security requirements of the mortgage bonds. As of the merger date, the value of the MPRR assets which secured the mortgage bonds was approximately $5.8 billion. In accordance with the terms on the indentures, this collateral value must be maintained during the entire term of the mortgage bonds irrespective of the outstanding balance of such bonds. Income- Based Securities - We have certain debt instruments which contain provisions that limit the payment of interest, require sinking fund installments and impose certain restrictions in the event all interest is not paid based upon available income levels. Other debt instruments contain provisions that may impose restrictions on the Company's ability to declare dividends on certain classes of capital stock (note 8). Significant New Financings - During May 2003, we entered into a capital lease covering new locomotives. The related capital lease obligation totaled approximately $188 million and is included in the Consolidated Statements of Financial Position as debt. . 36 . . . 6. Leases We lease certain locomotives, freight cars and other property. Future minimum lease payments for operating and capital leases with initial or remaining non-cancelable lease terms in excess of one year as of December 31, 2003 were as follows: Millions of Dollars 2004 ................. ......... ......................... ....... ............................ ................ ................ ...... 2005 ...................... ....... ................................ ...... .............. ..... ....... ......................... ...... 2006 .......................... .......... ...................... ............................ .... . ...... ... . ........ .... ..... ...... 2007 ................... ................ .......... ........................ ........ .............. ............. ..... ............... 2008 ..... .......... ................ .................................................. ......... ..................... ....... ...... Later Years ................................ .................. .............. ....................... .......... .......... ... .... Total minimum lease a ents................................................................................ Amount re resentin interest ................................................................................... Present value of minimum lease a ents .............................................................. Operating Leases $ 434 392 333 269 206 1,318 $2,952 Capital Leases $ 223 200 198 180 172 1,552 2,525 (994) $1,531 Rent expense for operating leases with terms exceeding one month was $583 million in 2003, $581 million in 2002, and $571 million in 2001. Contingent rentals and sub-rentals are not significant. 7. Retirement Plans Pension and Other Postretirement Benefits Pension Plans- We provide defined benefit retirement income to eligible non-union employees through the Corporation's qualified and non-qualified (supplemental) pension plans. Qualified and non-qualified pension benefits are based on years of service and the highest compensation during the latest years of employment with specific reductions made for early retirements. Other Postretirement Benefits (OPEB) - All non-union and certain of our union employees participate in the Corporation's defined contribution medical and life insurance programs for retirees. These costs are funded as paid. Medicare Reform Act On December 13, 2003, Congress passed the Medicare Prescription Drug, Improvement and Modernization Act of 2003 (Medicare Reform Act). The provisions of the Medicare Reform Act include prescription drug benefits for Medicare eligible individuals. We have elected to recognize this legislation in 2003, in accordance with FASB Sta1IPosition No. 106- 1, "Accounting and Disclosure Requirements Related to the Medicare Prescription Drug, Improvement and Modernization Act of2003", which results in a $47 million reduction to the accumulated benefit obligation for other postretirement benefits as of December 31, 2003. This reduction is based on the value of the projected federal subsidy, assumes no changes in participation rates and is recorded as an unrecognized actuarial gain. The estimated reduction in post-65 per capita claim costs was 17%. There was no effect on 2003 expense. For 2004, we expect a reduction in OPEB expense of $7 million. Future guidance from either Congress or the FASB could result in a change to this recognition. Funded Status Projected Benefit Obligation (PBO)- The projected benefit obligation of the pension plans is the present value of benefits earned to date by plan participants, including the effect of assumed future salary increases. The PBO of the OPEB plan is equal to the accumulated benefit obligation, as the present value of OPEB liabilities are not affected by salary increases. Changes in our projected benefit obligation are as follows for the years ended December 31: 37 Pension OPEB Millions of Dollars 2003 2002 2003 2002 Projected benefit obligation at beginning of year ................................. $1,703 $1,654 $551 $497 Service cost .............. ......... ................................................... ....... ............ 27 21 7 6 Interest cost .................. ...... ......... ............. .......... ........... ...... ................... 113 117 35 37 Plan amendments ......................................................................... .......... - (1) (74) (48) Actuarial loss .............. ....... ........... .......... ............ ......... ................... ........ 76 34 61 105 Gross benefits paid ................................................................................. (115) (122) (37) (46) Projected benefit obligation at end of year ........................................... $1,804 $1,703 $543 $551 Assets - Assets used in calculating the funded status are measured at the fair value at December 31. Changes in the fair value of the plan assets are as follows for the years ended December 31) 2003 and 2002: Pension OPEB Millions of Dollars 2003 2002 2003 2002 Fair value of plan assets at beginning of year ........................................ $1,231 $1,404 $ - $ - Actual return on plan assets................................................................... 297 (159) - - Voluntary funded pension plan contributions ..................................... 100 100 - - Unfunded pIan benefit payments.......................................................... 7 8 37 46 Gross benefits paid ................................................................................. ( 115) (122) (37) (46) Fair value of plan assets at end of year .................................................. $1)520 $1)231 $ - $ - Funded Status - The funded status represents the difference between the projected benefit obligation and the fair value of the plan assets. Below is a reconciliation of the funded status of the benefit plans to the net liability recognized for the years ended December 31, 2003 and 2002: Pension OPEB Millions of Dollars 2003 2002 2003 2002 Funded status at end of year ................................................................. $(284) $(472) $(543) $(551) Unrecognized net actuarial loss ............................................................ 201 290 216 171 Unrecognized prior service cost (credit) .............................................. 46 55 (116) (56) Unrecognized net transition oblil!:ation ............................................... (2) (4) - - Net liability recognized at end of year .................................................. $ (39) $(131) $(443) $(436) Liability Recorded in Consolidated Statement of Financial Position - The net liability represents the amount previously accrued by us for pension and OPEB costs. The following table presents the components of the benefit plan liabilities in the Consolidated Statements of Financial Position for December 31, 2003 and 2002: Pension OPEB Millions of Dollars 2003 2002 2003 2002 Prepaid benefit cost.... ............... .......... .............. ..... ........... ............... ...... $34 $ 7 $ - $ - Accrued benefit cost....... ............. ................. ............ ..... ......................... (73) (137) (443) (436) Additional minim urn liability. ......... ...... ...................... ......... ......... ........ (221) (294) - - Intangtble assets................................... ........ ..... ..... ............. ......... ..... ...... 46 55 - - Accumulated other comprehensive income ......................................... 175 238 - - Net liability recognized at end of year ................................................... $(39) $(131) $(443) $(436) At December 31, 2003 and 2002) $35 million and $43 million) respectively) of the total pension and other postretirement liability were classified as a current liability. 38 . . . . . . Unfunded Accumulated Benefit Obligation - The accumulated benefit obligation is the present value of benefits earned to date, assuming no future salary growth. The unfunded accumulated benefit obligation represents the difference between the accumulated benefit obligation and the fair value of the plan assets. The projected benefit obligation, accumulated benefit obligation and fair value of plan assets for pension plans with accumulated benefit obligations in excess of the fair value of the plan assets were as follows for the years ended December 31, 2003 and 2002: Millions of Dollars 2003 2002 Projected benefit obligation............. .... ............................ .......... ............ $(1,789) $(1,688) Accumulated benefit obligation ............................................................ $(1,769) $(1,646) Fair value of plan assets.......................................................................... 1,503 1,216 Unfunded accumulated benefit obligation ........................................... $ (266) $ (430) The accumulated benefit obligation for all defined benefit pension plans was $1.8 billion and $1.7 billion as of December 31, 2003 and 2002, respectively. Assumptions - The weighted-average actuarial assumptions used to determine benefit obligations at December 31,2003, 2002 and 2001 were as follows: Percentages Discount rate......................... ...... ........ ........ ....... ...... Salary increase .......................................................... Health care cost trend rate: current............ ................. ......................... ........... Level in 2008........................................................ Pension 2003 2002 2001 6.50% 6.75% 7.25% 3.50 3.75 4.25 N/A N/A N/A N/A N/A N/A OPEB 2003 2002 2001 6.50% 6.75% 7.25% N/A N/A N/A 9.00 10.0 7.70 5.00 5.00 5.50 Expense Both pension and OPEB expense is determined based upon the annual service cost of benefits (the actuarial cost of benefits earned during a period) and the interest cost on those liabilities, less the expected return on plan assets. With respect to the value of pension plan assets, the expected long-term rate of return on plan assets is applied to a calculated value of plan assets that recognizes changes in fair value over a five-year period. This practice is intended to reduce Year- to-year volatility in pension expense, but it can have the effect of delaying the recognition of differences between actual returns on assets and expected returns based on long-term rate of return assumptions. The expected rate of return on assets was 8% for 2003 and 9% for 2002. Differences in actual experience in relation to assumptions are not recognized immediately, but are deferred and, if necessary, amortized as pension or OPEB expense. The components of our net periodic pension and other postretirement costs (income) for the years ended December 31,2003,2002 and 2001 were as follows: Pension OPEB Millions of Dollars 2003 2002 2001 2003 2002 2001 Service cost ............................................................... $ 27 $ 21 $ 22 $ 7 $ 6 $ 6 Interest cost .............................................................. 113 117 113 35 37 30 Expected return on plan assets ................................ (133) (144) (157) - - - Amortization of. Transition obligation. .......... ................. ............... (2) (2) (1) - - - Prior service cost (credit) .................................... 9 9 12 (15) (3) (2) Actuarial loss (gain)............................................. 1 (15) (23) 16 5 - Total net periodic benefit cost (income) ................ $ 15 $ (14) $ (34) $43 $45 $34 39 Assumptions - The weighted-average actuarial assumptions used to determine expense for the years ended December 31, 2003,2002 and 2001 were as follows: Pension OPEB Percentages 2003 2002 2001 2003 2002 2001 Discount rate ............................................................ 6.75% 7.25% 7.5% 6.75% 7.25% 7.5% Expected return on plan assets ................................ 8.0 9.0 10.0 N/A N/A N/A Salary increase .......................................................... 3.75 4.25 4.5 N/A N/A N/A Health care cost trend rate: Current........ ....................... ................ .................. N/A N/A N/A 10.0 7.70 7.70 Level in 2008 ........................................................ N/A N/A N/A 5.00 5.50 5.50 . The discount rate we used is based on a hypothetical portfolio of high quality bonds with cash flows matching the plans' expected benefit payments at December 31. The expected return on plan assets is based on our asset allocation mix and our historical return, taking into account current and expected market conditions. The actual return on pension plan assets was approximately 25% in 2003, compared to an 11 % loss in 2002. Our historical annualized ten-year rate of return on plan assets is approximately 9%. During 2003, we decreased our expected return on plan assets from 9% to 8%. This assumption change resulted in an increase to 2003 pension expense of$17 million. Assumed health care cost trend rates have a significant effect on the expense and liabilities reported for health care plans. The health care cost trend rate is based on historical rates and expected market conditions. A one-percentage point change in the expected health care cost trend rates would have the following effects on OPEB: Millions of Dollars Effect on total service and interest cost components. .......................................... Effect on accumulated benefit obligation............................................................. One % pt. Increase One % pt. Decrease $ 5 59 $ (4) (49) . Equity Adjustment During 2002, actual asset returns for the pension plans were adversely impacted by continued deterioration in the equity markets. Also during 2002, corporate bond yields, which are used in determining the discount rate for future pension obligations, continued to decline. As a result of negative asset returns and lower discount rates, we were required to recognize an additional minimum pension liability. An additional minimum pension liability adjustment is required when our accumulated benefit obligation exceeds the fair value of the plan assets, and that difference exceeds the net pension liability. The liability was recorded as a $141 million after-tax reduction to common shareholders' equity as part of accumulated other comprehensive loss in 2002. Because the fair value of plan assets improved in 2003, the 2003 adjustment to shareholders' equity was $39 million, after-tax, recorded as an increase to equity in accumulated other comprehensive income. The remaining equity reduction from 2002 will be restored to the balance sheet in future periods if the fair value of plan assets exceeds the accumulated benefit obligations. Recognition of this reduction to equity did not affect net income or cash flow in 2003 and had no impact on compliance with debt covenants. Cash Contributions The following table details our cash contributions for the years ended December 31, 2003 and 2002, and the expected contributions for 2004: Millions 0 Dollars 2002 ... ........... ...... ........ ....... .............. 2003 ................ .............. ........... ........ 2004 (e ected)............................... Pension Funded Un nded $100 $8 100 7 50 8 40 OPEB $46 37 35 . . . . Our policy with respect to funding the qualified plans is to fund at least the minimum required by the Employee Retirement Income Security Act of 1974, as amended, and not more than the maximum amount deductible for tax purposes. There are currently no minimum funding requirements, as set forth in employee benefit and tax laws. All contributions made to the funded pension plans for 2002 and 2003 were voluntary. The 2004 funded pension plan contribution was voluntary and was made in January 2004 with cash generated from operations. All benefit payments for other postretirement benefits are voluntary, as the postretirement plans are not funded, and are not subject to any minimum regulatory funding requirements. Benefit payments for each year represent claims paid for medical and life insurance, and we anticipate our 2004 OPEB payments will be made from cash generated from operations. Benefit Payments The following table details expected benefit payments for the years 2004 though 2013: Millions of Dollars 2004 ............... ............... ....... ...... ............ ...... ................... ................ .......... 2005 ......... ......... ................ ..... .......... ...... ............ ............................. .......... 2006 ...... ......... ...... .................. ............. ......... .................. ........ ............. ...... 2007 ... ............................... ............. .............. ...... ........... ...................... ...... 2008 ... ............................... ................................................. ................. ...... Years 2009 - 2013 .................................................................................... Pension Benefits $116 116 117 119 122 697 Other Postretirement Benefits $35 38 37 39 40 215 Expected benefit payments for other postretirement benefits are adjusted for estimated reimbursements for prescription drugs beginning in 2006, based on the Medicare Reform Act passed in 2003. Asset Allocation Strategy The pension plan asset allocation at December 31, 2003 and 2002 and target allocation for 2004 are as follows: Percentage of Plan Assets T ar~et Allocation December 31, Asset Category 2004 2003 2002 Equity securities ................ ..... ............................... ..... ............. 65% to 75% 70% 66% Debt securities. ...................... ........ ..... ........... .............. .... ........ 25% to 35% 30% 34% Real estate ...... ........... .......................... ....... .................... .......... 0% 0% 0% Other ............ ...... ...................... ..... ...................... .......... .......... 0% 0% 0% Total ... ................................................ .................. ...... ............. 100% 100% The investment strategy for pension plan assets is to maintain a broadly diversified portfolio designed to achieve our target of an average long-term rate of return of 8%. While we believe we can achieve a long-term average rate of return of 8%, we cannot be certain that the portfolio will perform to our expectations. Assets are strategically allocated between equity and debt securities in order to achieve a diversification level that mitigates wide swings in investment returns. Asset allocation target ranges for equity and debt portfolios are evaluated at least every three years with the assistance of an external consulting firm. Actual asset allocations are monitored monthly and rebalancing actions are executed at least quarterly, if needed. The majority of the plan's assets are invested in equity securities because equity portfolios have historically provided higher returns than debt portfolios over extended time horizons and are expected to do so in the future. Correspondingly, equity investments also entail greater risks than debt investments. The risk ofloss in the plan's equity portfolio is mitigated by investing in a broad range of equity types. Equity diversification includes large-capitalization and small-capitalization companies, growth-oriented and value-oriented investments, and U.S. and non-U.S. securities. 41 Equity risks are further balanced by investing a significant portion of the plan's assets in high quality debt securities. The average quality rating of the debt portfolio exceeded AA as of December 31, 2003 and 2002. The debt portfolio is also broadly diversified and primarily invested in u.s. Treasury, mortgage, and corporate securities with an intermediate average maturity. The weighted-average maturity of the debt portfolio was 6.1 years at December 31, 2003 and 7.0 years as of December 31,2002. . The investment of pension plan assets in Union Pacific securities is specifically prohibited for both the equity and debt portfolios other than through index fund holdings. Other Retirement Programs Thrift Plan- The Corporation provides a defined contribution plan (thrift plan) to eligible non-union employees, and we make matching contributions to the thrift plan. We match 50 cents for each dollar contributed by employees up to the first 6 percent of compensation contributed. The thrift plan contributions were $11 million, $10 million and $11 million for the years ended December 31, 2003, 2002, and 2001, respectively. Railroad Retirement System - All Railroad employees are covered by the Railroad Retirement System (the System). On December 21, 2001, The Railroad Retirement and Survivors' Improvement Act of 200 1 (the Act) was signed into law. The Act was a result of historic cooperation between rail management and labor, and provides improved railroad retirement benefits for employees and reduced payroll taxes for employers. Contributions made to the System are expensed as incurred and amounted to approximately $562 million in 2003, $595 million in 2002 and $607 million in 2001. Collective Bargaining Agreements - Under collective bargaining agreements, we participate in multi-employer benefit plans, which provide certain postretirement health care and life insurance benefits for eligible union employees. Premiums under this plan are expensed as incurred and amounted to $27 million in 2003, $16 million in 2002 and $13 million in 2001. 8. Capital Stock and Dividend Restrictions . Our Board of Directors has restricted the availability of retained earnings for payment of dividends by $131 million. This represents (a) the amount by which the estimated fair value of our investment in our non-transportation subsidiaries, as determined by our Board of Directors, exceeded the net book value of such investment, which was transferred to the Corporation by means of a dividend in June 1971 ($110 million) and (b) the amount by which the fair market value exceeded the book value of certain investment securities which were transferred to the Corporation by means of a dividend in November 1972 ($21 million). Our capital structure consists of Class A Stock, Common Stock and Redeemable Preference Shares (Series A). The Class A Stock is entitled to a cash dividend whenever a dividend is declared on the Common Stock, in an amount which equals 8 percent of the sum of the dividends on both the Class A Stock and the Common Stock. All of our Common Stock and our Class A Stock, which constitutes all of the voting capital stock, is owned by the Corporation or a wholly owned subsidiary of the Corporation, and all of the Preference Shares, which are non-voting stock, are owned by the Federal Railroad Administration. Accordingly, there is no market for our capital stock. The number of shares shown in the Statements of Changes in Common Shareholders' Equity in the Consolidated Financial Statements, Item 8, excludes 2,665 shares of Common Stock and 232 shares of Class A Stock owned by Southern Pacific Rail Corporation, whose results are included in the Consolidated Financial Statements. We are subject to certain restrictions related to the payment of dividends. The amount of retained earnings available for dividends was $7.5 billion and $6.4 billion at December 31, 2003 and 2002, respectively. 9. Stock Options and Other Stock Plans We participate in the Corporation's stock incentive plans. There are no options outstanding for Railroad participants under the 1988 Stock Option and Restricted Stock Plan of Union Pacific Corporation (1988 Plan) and 5,069,640 options outstanding under the 1993 Stock Option and Retention Stock Plan of Union Pacific Corporation (1993 Plan) for Railroad participants. There are 878,044 retention shares and stock units (the right to receive shares of common stock) . 42 . . . outstanding under the 1993 Plan for Railroad participants. The Corporation no longer grants options or awards of restricted stock under the 1988 Plan or the 1993 Plan. The UP Shares Stock Option Plan of Union Pacific Corporation (UP Shares Plan) was approved by UPC's Board of Directors on April 30, 1998. The UP Shares Plan reserved 12,000,000 shares ofUPC common stock for issuance. The UP Shares Plan was a broad-based option program that granted eligible active employees on April 30, 1998 an option to purchase 200 shares ofUPC common stock at $55.00 per share. All options granted were non-qualified options that became exercisable on May 1, 2001 and remain exercisable until April 30, 2008. If an optionee's employment terminates for any reason, the option remains exercisable for a period of one year after the date of termination, but no option is exercisable after April 30, 2008. No further options may be granted under the UP Shares Plan. As of December 31, 2003, there were 5,230,166 options outstanding for Railroad participants under the UP Shares Plan. The Corporation adopted the Executive Stock Purchase Incentive Plan (ESPIP) effective October 1, 1999, in order to encourage and facilitate ownership ofUPC common stock by officers and other key executives of the Corporation and its subsidiaries. Under the ESPIP, participants purchased a total of 1,008,000 shares ofUPC common stock with the proceeds of 6.02% interest-bearing, full recourse loans from the Corporation. Loans totaled $47 million and have a final maturity date ofJanuary 31, 2006. Deferred cash payments were to be awarded to the participants to repay interest and the loan principal if certain performance and retention criteria were met within a 40-month period ending January 31, 2003. Dividends paid on the purchased shares were originally assigned to the Corporation to offset the accrued interest on the loan balance until March 2001 when the first performance criterion was satisfied and, accordingly thereafter, the dividends on the purchased shares were paid directly to the participants. Satisfaction of the first performance criterion also entitled participants to receive a cash payment equal to the net accrued interest on the outstanding principal balance of the loan. Satisfaction of the second performance criterion, in December 2002, entitled participants to receive a cash payment equal to one-third of the outstanding principal balance of their loan, and satisfaction of the retention criterion of continued employment with the Corporation until January 31, 2003, entitled participants to receive an additional cash payment equal to one-third of the outstanding principal balance of their loan. Such payments have been applied against the participants' outstanding loan balance pursuant to the terms of the ESPIP. The remaining balance of the loan is payable in three equal installments on January 31,2004, January 31,2005 and January 31, 2006. At December 31, 2003 and 2002, the outstanding loan balance was $8 million and $45 million, respectively. None of the Corporation's executive officers subject to Section 16 of the Securities Exchange Act of 1934, as amended, had outstanding loans as ofJanuary 31, 2004. The remaining outstanding loans were $1 million at January 31, 2004. In November 2000, the Corporation's Board of Directors approved the 2001 Long Term Plan (LTP). Participants were awarded retention shares or stock units and cash awards subject to the attainment of certain performance targets and continued employment through January 31, 2004, or other applicable vesting dates. The L TP performance criteria include three year (for fiscal years 2001, 2002 and 2003) cumulative earnings per share and stock price targets. The Corporation met the cumulative earnings per share target at December 31, 2003, which entitled Railroad participants to receive 76,260 shares, 260,592 stock units and $24 million at January 31, 2004, or other applicable vesting dates, totaling 48% of the maximum amount available under the LTP. The Union Pacific Corporation 2001 Stock Incentive Plan (2001 Plan) was approved by the shareholders in April 2001. The 2001 Plan reserved 12,000,000 shares of UPC common stock for issuance to eligible employees of the Corporation in the form of non-qualified options, incentive stock options, retention shares, stock units and incentive bonus awards. Awards and options under the 2001 Plan may be granted to employees of the Corporation and its subsidiaries. Non-employee directors are not eligIble. As of December 31, 2003, there were 652,364 retention shares and stock units outstanding for Railroad participants under the 2001 Plan, and there were 2,759,550 options outstanding for Railroad participants under the 2001 Plan. Pursuant to the above plans, 6,899,211, 9,544,569 and 12,461,025 shares ofUPC common stock were available for grant by the Corporation at December 31, 2003, 2002 and 2001, respectively. Options - Stock options are granted with an exercise price equal to the fair market value of the Corporation's common stock as of the date of the grant. Options are granted with a 10-year term and are generally exercisable one to two years after the date of the grant. A summary of the stock options issued under the 1988 Plan, the 1993 Plan, the UP Shares Plan and the 2001 Plan and changes during the years ending December 31 are as follows: 43 Year Ended December 31, 2003 2002 2001 Weighted Weighted Weighted -Average -Average -Average Exercise Exercise Exercise Shares Price Shares Price Shares Price Outstanding, beginning of year...... 16,069,140 $53.40 17,819,221 $52.02 19,827,847 $51.50 Granted. ....... ......... .................. ......... 1,487,050 55.98 1,348,900 61.14 1,219,550 49.92 Exercised. ............ .......... ......... .......... (4,220,336) 52.20 (2,832,897) 48.42 (1,287,876) 38.88 Forfeited .............. ........ ................ .... (264,796) 54.66 (266,084) 54.93 (1,940,300) 54.89 Outstanding, end of year ................ 13,071,058 $54.06 16,069,140 $53.40 17,819,221 $52.02 Options exercisable at year end...... 11,405,408 $53.78 14,720,690 $52.70 16,607,771 $52.17 Weighted-average fair value of options granted during the year.. $14.25 $17.84 $13.13 The following table summarizes information about our outstanding stock options as of December 31, 2003: Options Outstanding Options Exercisable Weighted- Weighted-Average Weighted- Average Range of Exercise Number Remaining Average Number Exercise Prices Outstanding Contractual Life Exercise Price Exercisable Price $20.60 - $49.88 3,061,787 5.20 $46.66 3,011,787 $46.77 $52.88 - $56.50 8,457,566 4.84 55.48 7,005,316 55.38 $57.54 - $61.90 1,551,705 7.46 60.93 1,388,305 60.91 $20.60 - $61.90 13,071,058 5.24 $54.06 11,405,408 $53.78 The fair value of each option grant was estimated on the date of grant using the Black-Scholes option-pricing model, with the following weighted-average assumptions for options granted in 2003, 2002, and 2001. Risk-free interest rates .. ................. ........ ....... ........ .............. ....................... ................ Dividend yield .......................... .............. ......... ......... ........... ..................... ....... ........... Expected lives-years .... ................. ....... ...................... ....... ............ .............. ................ Volatility ............. ................ ....... ............... ...... ................ ...... ........ .... .......... ......... ....... 2003 2002 2001 2.9% 4.4% 4.3% 1.5 % 1.3 % 1.4 % 5 5 4 28.4% 28.8% 29.5% Restricted Stock and Other Incentive Plans - The Corporation's plans provide for awarding retention shares of common stock or stock units to eligible employees. These awards are subject to forfeiture if employment terminates during the prescribed retention period, generally three or four years, or, in some cases, if a certain prescribed stock price or other financial criteria is not met. Restricted stock awards are issued to non-employee directors and are subject to forfeiture if certain service requirements are not met. During the year ended December 31, 2003, 197,703 retention shares, stock units and restricted shares were issued to Railroad participants at a weighted-average fair value of $56.0 1. During 2002, 436,270 retention shares, stock units and restricted shares were issued to Railroad participants at a weighted-average fair value of $58.25. During 2001, 223,502 retention shares, stock units and restricted shares were issued to Railroad participants at a weighted-average fair value of $49 .95. The cost of retention and restricted awards is amortized to expense over the retention period. Under the LTP, no performance retention stock units were issued in 2003, 4,400 performance retention stock units and 766,900 performance retention shares and stock units were issued to Railroad participants at a weighted-average fair value of $60.68 and $50.11 during 2002 and 2001, respectively. The cost of the LTP is marked to market and is expensed over the performance period, which ended January 31,2004. 44 . . . . . . The cost associated with the ESPIP retention criterion was amortized to expense over the 40-month period. The cost associated with the ESPIP first performance criterion is expensed over the life of the loan, and the cost associated with the second performance criterion was expensed in December 2002. During the years ended December 31, 2003, 2002 and 2001, we expensed $27 million, $13 million and $8 million, respectively, related to the other incentive plans described above. During the years ended December 31, 2003, 2002 and 2001, UPC expensed $1 million, $15 million and $4 million, respectively, attributable to Railroad participants in the other incentive plans described above. 10. Commibnents and Contingencies Unasserted Claims - There are various claims and lawsuits pending against us and certain of our subsidiaries. It is not possible at this time for us to determine fully the effect of all unasserted claims on our consolidated financial condition, results of operations or liquidity; however, to the extent possible, where unasserted claims can be estimated and where such claims are considered probable, we have recorded a liability. We do not expect that any known lawsuits, claims, environmental costs, commitments, contingent liabilities or guarantees will have a material adverse effect on our consolidated financial condition, results of operations or liquidity. Personal Injury and Occupational Dlness - The cost of personal injuries to employees and others related to our activities is charged to expense based on estimates of the ultimate cost and number of incidents each year . We use third party actuaries to assist us in properly measuring the expense and liability. Compensation for work-related accidents is governed by the Federal Employers' Liability Act (FELA). Under FELA, damages are assessed based on a finding of fault through litigation or out-of-court settlements. We offer a comprehensive variety of services and rehabilitation programs for employees who are injured at work. Annual expenses for our personal injury-related events were $250 million in 2003, $221 million in 2002 and $200 million in 2001. As of December 31, 2003 and 2002, we had aliabilityof$615 million and $668 million, respectively, accrued for future personal injury costs, of which $272 million was recorded in current liabilities as accrued casualty for each year. We have additional amounts accrued for claims related to certain alleged occupational illnesses. The impact of current obligations is not expected to have a material adverse effect on our results of operations or financial condition. Environmental Costs - We generate and transport hazardous and non-hazardous waste in our current operations, and have done so in our former operations, and are subject to federal, state and local environmental laws and regulations. We have identified approximately 417 sites at which we are or may be liable for remediation costs associated with alleged contamination or for violations of environmental requirements. This includes 51 sites that are the subject of actions taken by the U.S. government, 29 of which are currently on the Superfund National Priorities List. Certain federal legislation imposes joint and several liability for the remediation of identified sites; consequently, our ultimate environmental liability may include costs relating to activities of other parties, in addition to costs relating to our own activities at each site. When an environmental issue has been identified with respect to the property owned, leased or otherwise used in the conduct of our business, we and our consultants perform environmental assessments on such property. We expense the cost of the assessments as incurred. We accrue the cost of remediation where our obligation is probable and such costs can be reasonably estimated. As of December 31,2003 and 2002, we had a liability of $187 million and $188 million, respectively, accrued for future environmental costs, of which $57 million and $71 million were recorded in current liabilities as accrued casualty costs. The liability includes future costs for remediation and restoration of sites, as well as for ongoing monitoring costs, but excludes any anticipated recoveries from third parties. Cost estimates are based on information available for each site, financial viability of other potentially responsible parties, and existing technology, laws and regulations. We believe that we have adequately accrued for our ultimate share of costs at sites subject to joint and several liability. However, the ultimate liability for remediation is difficult to determine because of the number of potentially responsible parties involved, site-specific cost sharing arrangements with other potentially responsible parties, the degree of contamination by various wastes, the scarcity and quality of volumetric data related to many of the sites, and/or the speculative nature 45 of remediation costs. The impact of current obligations is not expected to have a material adverse effect on our results of operations or financial condition. Remediation of identified sites previously used in operations, used by tenants or contaminated by former owners required cash spending of$36 million in 2003, $68 million in 2002, and $63 million in 2001. We are also engaged in reducing emissions, spills and migration of hazardous materials, and spent cash of$8 million, $6 million and $5 million in 2003, 2002, and 2001, respectively, for control and prevention. In 2004, we anticipate spending $52 million for remediation and $8 million for control and prevention. The impact of current obligations is not expected to have a material adverse effect on our liquidity. Purchase Obligations and Guarantees - We periodically enter into financial and other commitments in connection with our businesses. We do not expect that these commitments or guarantees will have a material adverse effect on our consolidated financial condition, results of operations or liquidity. At December 31, 2003, we had unconditional purchase obligations of $100 million for the acquisition oflocomotives as part of our multi-year capital asset acquisition plan. In addition, we were contingently liable for $360 million in guarantees and $27 million in letters of credit at December 31, 2003. These contingent guarantees were entered into in the normal course of business and include guaranteed obligations of affiliated operations. None of the guarantees individually are significant, and a liability of $7 million has been recorded related to these guarantees as of December 31, 2003. The final guarantee expires in 2022. We are not aware of any existing event of default, which would require us to satisfy these guarantees. Headquarters Building - We have a synthetic operating lease arrangement to finance a new headquarters building, which is being constructed in Omaha, Nebraska. The expected completion date of the building is mid-2004. It will total approximately 1.1 million square feet with approximately 3,800 office workspaces. The cost to construct the new headquarters, including capitalized interest, is approximately $260 million. The Corporation has guaranteed all of our obligation under this lease. We are the construction agent for the lessor during the construction period. We have guaranteed, in the event of a loss caused by, or resulting from, our actions or failures to act as construction agent, 89.9% of the building related construction costs incurred up to that point during the construction period. Total building related costs incurred and drawn from the lease funding commitments as of December 31, 2003, were approximately $125 million. Accordingly, our guarantee at December 31, 2003, was approximately $113 million. As construction continues and additional costs are incurred, this guarantee will increase accordingly. At December 31, 2003, we had a liability recorded of approximately $7 million related to the fair value of this guarantee. After construction is complete, we will lease the building under an initial term of five years with provisions for renewal for an extended period subject to agreement between us and the lessor. At any time during the lease, we may, at our option, purchase the building at approximately the amount expended by the lessor to construct the building. If we elect not to purchase the building or renew the lease, the building is returned to the lessor for remarketing, and we have guaranteed a residual value equal to 85% of the total construction related costs. The guarantee will be approximately $220 million. 11. Other Income Other income included the following: Millions of Dollars 2003 2002 2001 Net gain on non-operating asset dispositions............................................................ $ 84 $287 $133 Rental income.......... ............................ ......... .................. .............. ............................... 57 60 89 Interest income .................................... .............. ....... ............ ........ ......... ............. ......... 5 7 8 Fuel swaption ............................................................................................................... - 5 (18) Other, net................................ .... .................. ......... ........ ...... .......... ........ ..... ....... .......... (27) (38) (38) Total....... .... ..... ................ ........ ............ ..... ......... ..... ......... ...... ........ ..... .... ......... ..... ........ $119 $321 $174 46 . . . . . . Included in the 2002 gain on non-operating asset dispositions is a pre-tax gain of$141 million related to the sale of land, track, operating rights and facilities to the Utah Transit Authority (UTA) for $185 million, which included approximately 175 miles of track that stretches from Brigham City, Utah, through Salt Lake City, Utah, south to Payson, Utah. The transaction contributed $88 million to our earnings on an after-tax basis. Also included in the 2002 gain on non-operating asset dispositions is a pre-tax gain of$73 million related to the sale of land and track to the Santa Clara Valley Transportation Authority (VTA) for $80 million, which included approximately 15 miles of track that stretches from William Street in San Jose, California, north to Paseo Padre Parkway in Fremont, California. The transaction contributed $45 million to our earnings on an after-tax basis. 12. Accounting Pronouncements In December 2003, the FASB published a revision to FASB Interpretation No. 46 "Consolidation of Variable Interest Entities" (FIN 46) to clarify some of the provisions and to exempt certain entities from its requirements. Under the new guidance, special effective date provisions apply to enterprises that have fully or partially applied FIN 46 prior to issuance of the revised interpretation. We adopted FIN 46 in June of 2003. The revision did not require us to modify our accounting related to the implementation of FIN 46. 13. Cumulative Effect of Accounting Change Surface Transportation Board (STB) accounting rules require that railroads accrue the cost of removing track structure over the expected useful life of these assets. Railroads historically used this prescribed accounting for reports filed with both the STB and SEC. In August 2001, the FASB issued Statement No. 143, "Accounting for Asset Retirement Obligations" (FAS 143). This statement was effective for us beginning January 1, 2003, and prohibits the accrual of removal costs unless there is a legal obligation to remove the track structure at the end of its life. We concluded that we did not have a legal obligation to remove the track structure, and therefore, under generally accepted accounting principles, we could not accrue the cost of removal in advance. As a result, reports filed with the SEC will reflect the expense of removing these assets in the period in which they are removed. For STB reporting requirements only, we will continue to follow the historical method of accruing in advance, as prescribed by the STB. F AS 143 also requires us to record a liability for legally obligated asset retirement costs associated with tangible long-lived assets. In the first quarter of 2003, we recorded income from a cumulative effect of accounting change, related to the adoption of F AS 143, of $274 million, net of income tax expense of $167 million. The accounting change had no effect on our liquidity. Had the change been retroactively applied, the change would not have had a material impact on net income. 14. Selected Quarterly Data Selected unaudited quarterly data are as follows: Millions of Dollars 2003 Mar. 31 June 30 Sep.30 Dec. 31 Operating revenues ................ ............. ........ ................ $2,725 $2,881 $2,946 $2,957 Operating income. ......... .... ............. ......... ......... .......... 371 582 594 595 Cumulative effect of accounting change [a]............... 274 - - - Net income ............. ......... ................. ............. .............. 441 295 317 361 2002 Mar. 31 June 30 Sep.30 Dec. 31 Operating revenues... .... ......................... ..................... $2,649 $2,808 $2,838 $2,808 Operating income ....................................................... 508 598 638 589 Net income ......... ....... .... .......... ....... ......... .......... .... ...... 243 316 414 401 fa] Cumulative effect of accounting change is shown net of income tax expense 0[$167 million. **************************************** 47 Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure None. Item 9A. Controls and Procedures As of the end of the period covered by this report, the Company carried out an evaluation, under the supervision and with the participation of the Company's management, including the Company's Chief Executive Officer (CEO) and Executive Vice President - Finance and Chief Financial Officer (CFO) of the effectiveness of the design and operation of the Company's disclosure controls and procedures pursuant to Exchange Act Rule 13a-15. Based upon that evaluation, the CEO and the CFO concluded that, as of the end of the period covered by this report, the Company's disclosure controls and procedures are effective in alerting them, in a timely manner, to material information relating to the Company (including its consolidated subsidiaries) required to be included in the Company's periodic SEC filings. Additionally, the CEO and CFO determined that there have been no changes to the Company's internal control over financial reporting during the last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the Company's internal control over financial reporting. 48 . . . . . . PART III Item 10. Directors and Executive Officers of the Registrant Omitted in accordance with General Instruction I of Form lO-K. Item 11. Executive Compensation Omitted in accordance with General Instruction I of Form lO-K. Item 12. Security Ownership of Certain Beneficial Owners and Management Omitted in accordance with General Instruction I of Form lO-K. Item 13. Certain Relationships and Related Transactions Omitted in accordance with General Instruction I of Form lO-K. Item 14. Principal Accounting Fees and Services Information concerning the independent auditor fees billed and the nature of services comprising the fees for UPC, including accounting fees and services for UPRR, for each of the two most recent fiscal years in each of the following categories: (i) audit fees, (ii) audit - related fees, (ill) tax fees and (iv) all other fees, is set forth in the Audit Committee Report segment of the Corporation's Proxy Statement and is incorporated herein by reference. Information concerning the Corporation's Audit Committee's policies and procedures pertaining to pre-approval of audit and non-audit services rendered by its independent auditor is set forth in the Audit Committee segment of the Corporation's Proxy Statement and is incorporated herein by reference. 49 PART IV Item 15. Exhibits. Financial Statement Schedules and Reports on Form 8-K (a) Financial Statements, Financial Statement Schedules and Exhibits: (1) Financial Statements The financial statements filed as part of this filing are listed on the index to Consolidated Financial Statements, Item 8, on page 23. (2) Financial Statement Schedules Schedule II - Valuation and Qualifying Accounts Schedules not listed above have been omitted because they are not applicable or not required or the information required to be set forth therein is included in the Consolidated Financial Statements, Item 8, or notes thereto. (3) Exhibits Exhibits are listed in the exhibit index on page 53. (b) Reports on Form 8- K On March 1, 2004, UPRR furnished a Current Report on Form 8-K updating UPC's earnings outlook for the first quarter of 2004.* On January 21,2004, UPRR furnished a Current Report on Form 8-K announcing UPC's financial results for the fourth quarter of 2003.* On October 23, 2003, UPRR furnished a Current Report on Form 8-K announcing UPC's financial results for the third quarter of 2003.* * These reports, or certain portions thereof, were furnished under Item 9 or Item 12 of Form 8- K and are referenced herein for informational purposes only. Therefore, such reports or applicable provisions thereof are not, and such contents should not be deemed, incorporated by reference into any registration statements filed by Union Pacific Railroad Company with the SEC under the Securities Act of 1933, as amended. 50 . . . . . . SIGNATURES Pursuant to the requirements of Section 13 or 15( d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalfby the undersigned, thereunto duly authorized, on this 5th day of March, 2004. UNION PACIFIC RAILROAD COMPANY By /s/ Richard K. Davidson Richard K. Davidson, Chairman, Chief Executive Officer and Director Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below, on this 5th day of March, 2004, by the following persons on behalf of the registrant and in the capacities indicated. PRINCIPAL EXECUTIVE OFFICER AND DIRECTOR: /s/ Richard K. Davidson Richard K. Davidson, Chairman, Chief Executive Officer and Director PRINCIPAL FINANCIAL OFFICER: /s/ Robert M. Knight. Jr. Robert M. Knight, Jr., Executive Vice President-Finance and Chief Financial Officer PRINCIPAL ACCOUNTING OFFICER: /s/ Richard J. Putz Richard J. Putz, Chief Accounting Officer and Controller DIRECTORS: Philip F. Anschutz* Thomas J. Donohue* Archie W. Dunham* Spencer F. Eccles* Ivor J. Evans* Elbridge T. Gerry, Jr.* Judith Richards Hope* Richard J. Mahoney* Steven R. Rogel* Ernesto Zedillo Ponce de Leon* * By /s/ Thomas E. Whitaker Thomas E. Whitaker, Attorney-in-fact 51 SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS Union Pacific Railroad Company and Consolidated Subsidiary and Affiliate Companies . Millions of Dollars, for the Years Ended December 31, 2003 2002 2001 Allowance for doubtful accounts: Balance, beginning of period ............................................................ $107 $110 $ 98 Charged to expense ........................................................................... 13 16 17 W rite-off's, net of recoveries .............................................................. (36) (19) (5) Balance, end of period .............................................................................. $ 84 $107 $110 Accrued casualty costs: Balance, beginning of period ............................................................ $1,061 $1,077 $1,156 Charged to expense ........................................................................... 411 360 328 Cash payments and other reductions ............................................... (492) (376) (407) Balance, end of period .............................................................................. $ 980 $1,061 $1,077 Accrued casualty costs are presented in the Consolidated Statements of Financial Position as follows: Current ... .............. ......... ..... ..... ..... ......... ..... ........ ........................ $ 385 $ 403 $ 404 Long-term................................................................................... 595 658 673 Balance, end of period .............................................................................. $ 980 $1,061 $1,077 . . 52 .. . . . Union Pacific Railroad Company Exhibit Index Exhibit No. Description Filed with this Statement 3(a) By-laws ofUPRR, as amended, effective February I, 2004. 12 Ratio of Earnings to Fixed Charges. 24 Powers of Attorney executed by the directors of UPRR. 31(a) Certification Pursuant to Rule 13a-14(a) of the Exchange Act, as Adopted pursuant to Section 302 of the Sarbanes-Oxley Act of2002 - Richard K. Davidson. 31(b) Certification Pursuant to Rule 13a-14( a) of the Exchange Act, as Adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 - Robert M. Knight, Jr. 32 Certifications Pursuant to 18 U.S.c. Section 1350, as Adopted pursuant to Section 906 of the Sarbanes-Oxley Act of2002 - Richard K. Davidson and Robert M. Knight, Jr. Incorporated by Reference 2 Agreement and Plan of Merger, dated as ofJanuary 29, 1998, between UPRR and Southern Pacific Transportation Company (SPT) is incorporated herein by reference to Exhibit 2 to the Registrants' Current Report on Form 8-K dated February 13, 1998. 3(b) Amended Certificate ofIncorporation of the Registrant, effective as of February 1,1998, is incorporated herein by reference to Exhibit 3(a) to the Company's Annual Report on Form lO-K for the year ended December 31,1998. 4 Pursuant to various indentures and other agreements, the Registrant has issued long-term debt. No single agreement has securities or obligations covered thereby which exceed 10% of the Registrant's total consolidated assets. The Registrant agrees to furnish the Commission with a copy of any such indenture or agreement upon request by the Commission. 10 (a) Amended and Restated Anschutz Shareholders Agreement, dated as ofJuly 12,1996, among UPC, UPRR, The Anschutz Corporation (TAC), Anschutz Foundation (the Foundation) and Mr. Philip F. Anschutz, is incorporated herein by reference to Annex D to the Joint Proxy Statement/Prospectus included in Post-Effective Amendment No.2 to UPC's Registration Statement on Form S-4 (No. 33-64707). 10 (b) Amended and Restated Registration Rights Agreement, dated as ofJuly 12, 1996, among UPC, TAC and the Foundation is incorporated herein by reference to Annex H to the Joint Proxy Statement/Prospectus included in Post-Effective Amendment No.2 to UPC's Registration Statement on Form S-4 (No. 33-64707). lO(c) Amended and Restated Registration Rights Agreement, dated as ofJuly 12, 1996, among UPC, UP Holding Company, Inc., Union Pacific Merger Co. and Southern Pacific Rail Corporation (SP) is incorporated herein by reference to Annex J to the Joint Proxy Statement/Prospectus included in Post-Effective Amendment No.2 to UPC's Registration Statement on Form S-4 (No. 33-64707). 53 . . . . Exhibit 12 RATIO OF EARNINGS TO FIXED CHARGES Union Pacific Railroad Company and Consolidated Subsidiary and Affiliate Companies l,Millions of Dollars, Except for Ratio 2003 2002 2001 2000 1999 ~ncome from continuing operations.................. $1,140 $1,374 $1,058 $ 926 $ 854 Jundistributed equity (earnings) loss ................. 15 (34) (48) 24 (45) Total earnings .................................................. 1,155 1,340 1,010 950 809 ncome taxes................... .................. ......... .......... 629 739 613 511 465 lFixed charges: Interest expense including amortization of debt discount .................... 492 541 584 592 618 Portion of rentals representing an interest factor . ............. .............. ................... ............. 168 167 176 169 181 Total fixed charges .......................................... 660 708 760 761 799 Earnings available for fixed charges ................... $2,444 $2,787 $2,383 $2,222 $2,073 Ratio of earnings to fixed charges ...................... 3.7 3.9 3.1 2.9 2.6 55 10(d) Agreement, dated September 25, 1995, among UPC, UPRR, Missouri Pacific Railroad Company (MPRR), SP, SPT, The Denver & Rio Grande Western Railroad Company (D&RGW), St. Louis Southwestern Railway Company (SLSRC) and SPCSL Corp. (SPCSL), on the one hand, and Burlington Northern Railroad Company (BN) and The Atchison, Topeka and Santa Fe Railway Company (Santa Fe), on the other hand, is incorporated by reference to Exhibit 10.11 to UPC's Registration Statement on Form S-4 (No. 33-64707). 10(e) Supplemental Agreement, dated November 18, 1995, between UPC, UPRR, MPRR, SP, SPT, D&RGW, SLSRC and SPCSL, on the one hand, and BN and Santa Fe, on the other hand, is incorporated herein by reference to Exhibit 10.12 to UPC's Registration Statement on Form S-4 (No. 33-64707). 54 . . . Exhibit 24 UNION PACIFIC RAILROAD COMPANY Powers of Attorney Each of the undersigned directors of Union Pacific Railroad Company, a Delaware corporation (the "Company"), do hereby appoint each ofJames R. Young, Carl W. von Bernuth and Thomas E. Whitaker his or her true and lawful attorney-in-fact and agent, to sign on his or her behalf the Company's Annual Report on Form 10-K, for the year ended December 31, 2003, and any and all amendments thereto, and to file the same, with all exhibits thereto, with the Securities and Exchange Commission. IN WITNESS WHEREOF, the undersigned have executed this Power of Attorney as ofJanuary 29, 2004. /s/ Phillip F. Anschutz Phillip F. Anschutz /s/ Elbridge T. Gerry, Jr Elbridge T. Gerry, Jr /s/ Thomas J. Donohue Thomas J. Donohue /s/ Judith Richards Hope Judith Richards Hope /s/ Archie W. Dunham Archie W. Dunham /s/ Richard J. Mahoney Richard J. Mahoney /s/ Spencer F. Eccles Spencer F. Eccles /s/ Steven R. Rogel Steven R. Rogel /s/ IVOl J. Evans Ivor J. Evans /s/ Ernesto Zedillo Ernesto Zedillo 56 ~ . . . .. . . . Exhibit 31(a) CERTIFICATION OF PRINCIPAL EXECUTIVE OFFICER I, Richard K. Davidson, certify that: 1. I have reviewed this annual report on Form lO-K of Union Pacific Railroad Company; 2. Based on my knowledge, this report does not contain any untrue statement of material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; 3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report; 4. The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) for the registrant and have: (a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; (b) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and (c) Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and 5. The registrant's other certifying officer( s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions): (a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and (b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting. Date: March 5, 2004 /s/ Richard K. Davidson Richard K. Davidson Chairman and Chief Executive Officer Union Pacific Railroad Company 57 ! Exbibit31(b) CERTIFICATION OF PRINCIPAL FINANCIAL OFFICER . I, Robert M. Knight, Jr., certify that: 1. I have reviewed this annual report on Form lO-K of Union Pacific Railroad Company; 2. Based on my knowledge, this report does not contain any untrue statement of material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; 3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report; 4. The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) for the registrant and have: (a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; (b) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and (c) Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and . 5. The registrant's other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions): (a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and (b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting. Date: March 5, 2004 /s/ Robert M. Knight, Jr. Robert M. Knight, Jr. Executive Vice President - Finance and Chief Financial Officer Union Pacific Railroad Company . 58 .. .. . . . EXHIBIT 32 CERTIFICATION OF CHIEF EXECUTIVE OFFICER PURSUANT TO 18 U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002 In connection with the accompanying Annual Report of Union Pacific Railroad Company (the Company) on Form lO-K for the period ending December 31, 2003 as filed with the Securities and Exchange Commission on the date hereof (the Report), I, Richard K. Davidson, Chairman and Chief Executive Officer of the Company, certify, pursuant to 18 U.S.c. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, to the best of my knowledge, that: (1) The Report fully complies with the requirements of Section 13(a) of the Securities Exchange Act of 1934; and (2) The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company. By: Isl Richard K. Davidson Richard K. Davidson Chairman and Chief Executive Officer Union Pacific Railroad Company March 5, 2004 A signed original of this written statement required by Section 906 has been provided to the Company and will be retained by the Company and furnished to the Securities and Exchange Commission or its staff upon request. CERTIFICATION OF CHIEF FINANCIAL OFFICER PURSUANT TO 18 U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002 In connection with the accompanying Annual Report ofU nion Pacific Railroad Company (the Company) on Form 10- K for the period ending December 31, 2003 as filed with the Securities and Exchange Commission on the date hereof (the Report), I, Robert M. Knight, Jr., Executive Vice President - Finance and Chief Financial Officer of the Company, certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, to the best of my knowledge, that: (1) The Report fully complies with the requirements of Section 13(a) of the Securities Exchange Act of 1934; and (2) The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company. By: Isl Robert M. Knight, Jr. Robert M. Knight, Jr. Executive Vice President - Finance and Chief Financial Officer Union Pacific Railroad Company March 5, 2004 A signed original of this written statement required by Section 906 has been provided to the Company and will be retained by the Company and furnished to the Securities and Exchange Commission or its staff upon request. 59 . . r. FORM lO-Q UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 (Mark One) [Xl QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2004 -OR- [] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-6146 UNION PACIFIC RAILROAD COMPANY (Exact name of registrant as specified in its charter) DELAWARE (State or other jurisdiction of incorporation or organization) 94-6001323 (I.R.S. Employer Identification No.) 1400 DOUGLAS STREET, OMAHA, NEBRASKA (Address of principal executive offices) 68179 (Zip Code) (402) 544-5000 (Registrant's telephone number, including area code) ---------------- -- - --- ---- - ------ ----- -- -- ---- --- ----- Indicate by check mark whether the Registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the Registrant was required to fIle such reports), and (2) has been subject to such filing requirements for the past 90 days. YES -L NO Indicate by check mark whether the Registrant is an accelerated filer (as defined in Rille 12b-2 of the Exchange Act). YES NO ----X- As of Jilly 31, 2004, the Registrant had outstanding 7,130 shares of Common Stock, $10 par value, and 620 shares of Class A Stock, $10 par value. THE REGISTRANT MEETS THE CONDITIONS SET FORTH IN GENERAL INSTRUCTIONS H(l) (a) AND (b) OF FORM 1O-Q AND IS THEREFORE FILING THIS FORM WITH THE REDUCED DISCLOSURE FORMAT. TABLE OF CONTENTS UNION PACIFIC RAILROAD COMPANY PART I. FINANCIAL INFORMATION Page Number Item 1: Consolidated Financial Statements: CONSOLIDATED STATEMENTS OF INCOME (Unaudited) For the Three Months Ended June 30, 2004 and 2003.............................................................................. 3 CONSOLIDATED STATEMENTS OF INCOME (Unaudited) For the Six Months Ended June 30, 2004 and 2003................................................................................... 4 CONSOLIDATED STATEMENTS OF FINANCIAL POSITION (Unaudited) At June 30, 2004 and December 31, 2003.................................................................................................... 5 CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) For the Six Months Ended June 30, 2004 and 2003................................................................................... 6 CONSOLIDATED STATEMENT OF CHANGES IN COMMON SHAREHOLDERS' EQUITY (Unaudited) For the Six Months Ended June 30. 2004................................................................................................... 7 NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Unaudited) ............................................... 8 Item 2: Management's Narrative Analysis of the Results of Operations.................................................................... 15 Item 3: Quantitative and Qualitative Disclosures About Market Risk...................................................................... 23 Item 4: Controls and Procedures ...................................................................................................................................... 23 PART II. OTHER INFORMATION Item 1: Legal Proceedings.................................................................................................................................................. 24 Item 6: Exhibits and Reports on Form 8-K .................................................................................................................... 24 Signatures .................................. ................................................................................ ........................................................... 25 2 . " . . . . . . PART I. FINANCIAL INFORMATION Item 1. Consolidated Financial Statements Consolidated Statements ofIncome (Unaudited) Union Paciflc Railroad Company and Consolidated Subsidiary and Aff11jate Companies Millions of Dollars, For the Three Months Ended June 30, 2004 2003 Operating revenues ......................................................................................................................... $3,020 $ 2,881 Operating expenses: Salaries, wages and employee benefits....................................................................................... 1,032 933 Equipment and other rents ......................................................................................................... 359 297 Depreciation .................................................................................................................................. 276 251 Fuel and utilities ........................................................................................................................... 435 323 Materials and supplies ................................................................................................................. 115 99 Casualty costs ................................................................................................................................ 115 104 Purchased services and other costs............................................................................................ 327 292 Total operating expenses ................................................................................................................ 2,659 2,299 Operating income............................................................................................................................ 361 582 Other income .................................................................................................................................. 9 18 Interest expense................................................................................................................................ (123) (124) Income before income taxes .......................................................................................................... 247 476 Income taxes ........................... ..................................... ...... .~.......... ........ ..................... ...................... (82) (181) Net income....................................................................................................................................... $ 165 $ 295 The aa:ompanying notes are an integral part of these Consolidated Finandal Statements. 3 . Consolidated Statements ofIncome (Unaudited) Union Paciflc Railroad Company and Consolidated Subsidimy and Affiliate Companies . Millions of Dollars. For the Six Months Ended June 30, 2004 2003 Operating revenues ......................................................................................................................... $ 5,904 $ 5,606 Operating expenses: Salaries, wages and employee benefits....................................................................................... 2,026 1,873 Equipment and other rents......................................................................................................... 685 606 Depreciation .................................................................................................................................. 549 525 Fuel and utilities ........................................................................................................................... 824 675 Materials and supplies .................................................................................................................. 237 201 Casualty costs ................................................................................................................................ 263 204 Purchased services and other costs............................................................................................ 645 569 Total operating expenses ................................................................................................................ 5,229 4,653 Operating income............................................................................................................................ 675 953 Other income .................................................................................................................................. 28 32 Interest expense................................................................................................................................ (251) (250) Income before income taxes .......................................................................................................... 452 735 Income taxes ..................................................................................................................................... (123) (273) Income before cumulative effect of accounting change............................................................ 329 462 Cumulative effect of accounting change, net of income tax expense of $167....................... - 274 Net income....................................................................................................................................... $ 329 $ 736 The accompanying notes are an integral part of these Comolldated FinandaJ Statements. . . 4 . . . Consolidated Statements of Financial Position (Unaudited) Union Pacific Railroad Company and Consolidated Subsidiary and Affiliate Companies June 30, Dec. 31, Millions of Dollars 2004 2003 Assets Current Assets Cash and temporary investments............................................................................ $ 50 $ 154 Accounts receivable, neL.......................................................................................... 548 473 Inventories ................................................................................................................... 290 267 Current deferred income taxes ................................................................................ 297 184 Other current assets ................................................................................................... 234 181 Total current assets ....................................................................................................... 1,419 1,259 Investments: Investments in and advances to affiliated companies .......................................... 717 688 Other investments ...................................................................................................... 32 37 Total investments .......................................................................................................... 749 725 Properties: Road and other ........................................................................................................... 31,375 30,635 Equipment................................................................................................................... 7,654 7,649 Total cost ..................................................................................................................... 39,029 38,284 Accumulated depreciation ........................................................................................ (8,423) (8,022) Net properties ................................................................................................................ 30,606 30,262 Other assets .................................................................................................................... 281 295 Total assets .. ................... ..... .......... .......... .......... ............. ................... ...... ....................... $33,055 $32,541 Liabilities and Common Shareholders' Equity Current Liabilities: Accounts payable........................................................................................................ $ 548 $ 502 Accrued wages and vacation..................................................................................... 393 359 Accrued casualty costs ............................................................................................... 385 385 Income and other taxes ............................................................................................. 222 247 Debt due within one year.......................................................................................... 171 167 Interest ......................... .......................... ............... ........ ........ ....................................... 64 73 Equipment-rents payable.;-.:..........;.:.............:.;;..:.-.:.;...:.....:.......;.. ..-.... ....................... 140 128-- Other current liabilities ............................................................................................. 388 370 Total current liabilities ................................................................................................. 2,311 2,231 Intercompany borrowings from UPC ........................................................................ 4,558 4,372 Third-party debt due after one year ........................................................................... 1,804 1,998 Deferred income taxes .................................................................................................. 9,378 9,097 Accrued casualty costs .................................................................................................. 667 595 Retiree benefits obligation ........................................................................................... 633 678 Other long-term liabilities ........................................................................................... 473 509 Redeemable Preference Shares ................................................................................... 15 16 Commitments and contingencies Common shareholders' equity .................................................................................... 13,216 13,045 Total liabilities and common shareholders' equity .................................................. $33,055 $32,541 The accompanying notes are an integral part of these Consolidated Financial Statements. 5 Consolidated Statements of Cash Flows (Unaudited) Union Pacific Railroad Company and Consolidated Subsidiary and Affiliate Companies Millions of Dollars, For the Six Months Ended June 30, 2004 2003 Operating Activities N et income............................................................................................................................................. $ 329 $ 736 Adjustments to reconcile net income to net cash provided by operating activities: Cumulative effect of accounting change........................................................................................ - (274) Depreciation........................................................................................................................................ 549 525 Deferred income taxes ....................................................................................................................... 135 127 Cash paid to fund pension plan....................................................................................................... (50) (50) Other, net............................................................................................................................................. 28 (158) Changes in current assets and liabilities, net................................................................................. (75) 173 Cash provided by operating activities ................................................................................................ 916 1,079 Investing Activities Capital investments............................................................................................................................... (857) (863) Proceeds from asset sales ...................................................................................................................... 31 42 Other investing activities, net.............................................................................................................. (31) 97 Cash used in investing activities.......................................................................................................... (857) (724) Financing Activities Dividends paid to parent...................................................................................................................... (156) (116) Debt repaid ............................................................................................................................................. (193) (199) Advances from (to) affiliated companies .......................................................................................... 186 (44) Cash used in financing activities ......................................................................................................... (163) (359) Net change in cash and temporary investments............................................................................... (104) (4) Cash and temporary investments at beginning of period............................................................... 154 110 Cash and temporary investments at end of period.......................................................................... $ 50 $ 106 Changes in Current Assets and Liabilities, Net Accounts receivable, net ....................................................................................................................... $ (75) $ 36 Inventories........ ............... .................................................. ........................................................... .......... (23) (2) Other current assets .............................................................................................................................. (53) (26) Accounts, wages and vacation payable............................................................................................... 80 116 Other CUIT_entliabilities ........................................................................................................................ (4) 49 Total........................................................................................................................................................ $ (75) $ 173 Supplemental cash flow information: Non-cash capital lease fmandngs .................................................................................................... $ - $ 188 Cash (paid) received during the period for: Interest............................................................................................................................................. (261) (258) Income taxes, net............................................................................................................................ (16) 5 The accompanying notes are an integral part of these Consolidated FinandaJ Statements. 6 . . . . . . Consolidated Statement of Changes in Common Shareholders' Equity (Unaudited) Union Pacillc Railroad Company and Consolidated Subsidiary and Affiliate Companies Accumulated Other Comprehensive Income (Loss) Minimum Foreign Millions of Dollars, fa] fb] Paid- Pension Currency For the Six Months Ended Common Class A in- Retained Liability Translation Derivative June 30, 2004 Shares Shares Surplus Earnings Adjustments Adjustments Adjustments Total Total Balance at]anuary I, 2004......... $- $ - $4,182 $8,381 $(109) $ (18) $3 $(124) $13,045 Net income ................................ - - - 329 - - - - 329 Other comprehensive loss, net of tax of $(1) ...................... - - - - - (1) (1) (2) (2) Comprehensive income ............. 321 Dividends declared ..................... - - - (156) - - - - (156) Balance at]une 30, 2004............ $- $ - $4,182 $8,560 $(109) $(19) $2 $(126) $13,216 fa] Common Stock, $10.00 par value; 9,200 shares authorized; 4,465 outstanding. [b] Class A Stock, $1O.oo par value; 8oo shares authorized; 388 outstanding. The ac:rompanying notes are an integral part of these Consolidated Finandal Statements. 7 UNION PACIFIC RAILROAD COMPANY AND CONSOLIDATED SUBSIDIARY AND AFFILIATE COMPANIES . NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Unaudited) For purposes of this report, unless the context otherwise requires, all references herein to the "Company," "we," "us," and "our" mean Union Pacific Railroad Company. 1. Responsibilities for Financial Statements - Union Pacific Railroad Company (the Registrant), a Class I railroad incorporated in Delaware and an indirect wholly owned subsidiary of Union Pacific Corporation (the Corporation or UPC) , together with a number of wholly owned and majority-owned subsidiaries and certain affiliates (collectively, UPRR, the Company or the Railroad), operates various railroad and railroad-related businesses. Our Consolidated Financial Statements are unaudited and reflect all adjustments (consisting only of normal and recurring adjustments) that are, in the opinion of management, necessary for a fair presentation of the financial position and operating results for the interim periods presented. Our Consolidated Statement of Financial Position at December 31,2003 is derived from audited fmancial statements. Our Consolidated Financial Statements should be read in conjunction with our Consolidated Financial Statements and notes thereto contained in our 2003 annual report on Form 1O-K. The results of operations for the three and six months ended June 30, 2004 are not necessarily indicative of the results for the entire year ending December 31, 2004. Certain prior year amounts have been reclassified to conform to the 2004 fmancial statement presentation. 2. Stock-Based Compensation - We participate in the Corporation's stock incentive plans. We account for those plans under the recognition and measurement principles of Accounting Principles Board Opinion No. 25, Accounting for Stock Issued to Employees, and related Interpretations. No stock-based employee compensation expense related to stock option grants is reflected in net income as all options granted under those plans had an exercise price equal to the market value of our common stock on the date of grant. Stock-based compensation expense related to retention shares, stock units and other incentive plans is reflected in net income. The following table illustrates the effect on net income if we had applied the fair value recognition provisions of Financial Accounting Standards Board (FASB) Statement No. 123, Accounting for Stock-Based Compensation, to stock-based employee compensation. See note 10 to the Consolidated Financial Statements for discussion of the proposed accounting standard related to the treatment of stock options. . Three Months Ended Six Months Ended June 30, June 30, Millions of Dollars 2004 2003 2004 2003 Net income, as reported .....................................................-......................... $165 $295 $329 $73li Stock-based employee compensation expense included in reported net income, net of tax........................................................................... 2 2 3 7 Total stock-based employee compensation expense determined under fair value based method for all awards, net of tax ............... (6) (5) (11) (14) Pro forma net income.................................................................................. $161 $292 $321 $729 . 8 . . . The fair value of each option grant was estimated on the date of grant using the Black-Scholes option-pricing model. with the following weighted-average assumptions for options granted during both the three and six months ended June 30, 2004 and 2003: Risk-free interest rates .................................................................................................................. Dividend yield................................................................................................................................ Expected lives-years ...................................................................................................................... Vola tiIity .... ............... ........ .................... ....... .............. ......... ....... ...... ....... ............................... ......... 2004 2003 3.3% 2.9% 1.7% 1.5% 5.6 5.0 25.9% 28.4% 3. Transactions with Affiliates - At June 30, 2004 and December 31,2003, we had $892 million and $972 million working capital deficit balances, respectively, relating to UPC's management of our cash position. As part of UPC's cash management activities, we advance excess cash (cash available after satisfying all of our obligations and paying dividends to UPC) to UPC. We declare and pay dividends to UPC which typically approximate the dividends that UPC declares to its shareholders; however, there is no formal requirement to do so. The dividend declaration between us and UPC is determined solely by our Board of Directors. To the extent we require additional cash for use in our operations, UPC makes such funds available to us for borrowing. Transactions between UPC and us are treated as net intercompany borrowings in the Consolidated Statements of Financial Position. The majority of our intercompany borrowings from UPC relate to the acquisitions of the Chicago and North Western Transportation Company and Southern Pacific Rail Corporation which were funded by UPC on our behalf. We assumed these acquisition costs in the form of intercompany borrowings from UPC. The intercompany borrowings accrue interest at an annual rate of 7.5%, which may be adjusted from time to time, and are payable on demand. There are no restrictions on the amount we are able to borrow from UPC. Intercompany borrowings are unsecured and rank equally with all of our other unsecured indebtedness. UPC provides us with various services, including strategic planning, legal, treasury, accounting, auditing, insurance, human resources and corporate affairs. Billings for these services were $15 million and $12 million for the three months ended June 30, 2004 and 2003, respectively. Billings were $27 million for the six months ended June 30 in both 2004 and 2003. 4. Financial Instruments Strategy and Risk - We use derivative fmancial instruments in limited instances for other than trading purposes to manage risk related to changes in fuel prices and to achieve our interest rate objectives. We are not a party to leveraged derivatives and, by policy, do not use derivative financial instruments for speculative purposes. Financial instrQments qu~g for hedge accountipg must w~tain a specified level Qf effectiveness between the hedging instrument and the item being hedged, both at inception and throughout the hedged period. We formally document the nature and relationships between the hedging instruments and hedged items, as well as our risk-management objectives, strategies for undertaking the various hedge transactions and method of assessing hedge effectiveness. We use swaps, collars, futures and/or forward contracts to mitigate the downside risk of adverse price movements and hedge the exposure to variable cash flows. The use of these instruments also limits future benefits from favorable movements. The purpose of these programs is to protect our operating margins and overall profitability from adverse fuel price changes or interest rate fluctuations. Market and Credit Risk - We address market risk related to derivative fmancial instruments by selecting instruments with value fluctuations that higWy correlate with the underlying hedged item. Credit risk related to derivative fmancial instruments, which is minimal, is managed by requiring high credit standards for counterparties and periodic settlements. At June 30, 2004, we have not been required to provide collateral, nor have we received collateral relating to our hedging activities. Determination of Fair Value - The fair values of our derivative fmancial instrument positions at June 30, 2004 and December 31, 2003, were determined based upon current fair values as quoted by recognized dealers or 9 developed based upon the present value of expected future cash flows discounted at the applicable swap spread or U.S. Treasury rate. . Interest Rate Cash Flow Hedges - For cash flow hedge transactions in which we hedge the exposure to variability of cash flows, changes in the fair value of the derivative are reported in accumulated other comprehensive income until earnings are affected by the hedged item. In May 2004, in anticipation of a future lease transaction, we entered into treasury lock transactions with notional amounts totaling $125 million and an average locked-in rate of 5.08%. We can close on the treasury locks anytime up to their expiration on September 30, 2004, and we plan to do so concurrent with the inception of the lease. The treasury locks are accounted for as cash flow hedges and are recorded at fair value in our Consolidated Statement of Financial Position. The gain or loss at closing will be amortized over the term of the lease. At June 30, 2004, we had an unrealized loss of $3 million, $2 million after-tax, in accumulated other comprehensive income related to these derivative instruments. There were no interest rate cash flow hedges outstanding at December 31, 2003. Fuel Cash Flow Hedges - Fuel costs are a significant portion of our total operating expenses. In 2003 and 2004, our primary means of mitigating the impact of adverse fuel price changes has been our fuel surcharge program. However, we use swaps, collars, futures and/or forward contracts to further mitigate the impact of adverse fuel price changes. We currently have no fuel hedges in place for 2005. The following is a summary of our fuel derivatives qualifying as cash flow hedges: Millions, Except Average Commodity Prices Fuel hedging: Swaps: Number of gallons hedged for 2003 [a] ........................................................................ Average price of 2003 hedges (per gallon) [b] ............................................................. Collars: Number of gallons hedged for 2003 [a] ........................................................................ Average cap price for 2003 collars (per gallon) [b] ..................................................... Average floor price for 2003 collars (per gallon) [b] .................................................. Average ceiling price for 2003 collars (per gallon) [b] ............................................... Number of gallons hedged for the remainder of 2004................................................ Average cap price for 2004 collars outstanding (per gallon) [b)............................... Average floor price for 2004 collars outstanding (per gallon) [b) ............................ Average ceiling price for 2004 collars outstanding (per gallon) [b] ......................... Gross fair value asset position............................................................................................ Gross fair value (liability) position.................................................................................... June 30, Dec. 31, 2004 2003 . 145 $ $0.63 22 $ $0.77 $ $0.67 $ $0.88 57 120 $0.72 $0.74 $0.63 $0.64 $0.85 $0.86 7 6 [a] Fuel hedges expired Derember 31,2003. [b] Excluding taxes, transportation costs and regional pricing spreads. Fuel hedging positions qualifying as cash flow hedges will be reclassified from accumulated other comprehensive income to fuel expense over the life of the hedge as fuel is consumed. At June 30, 2004, a gain of $4 million, net of tax, was recorded in accumulated other comprehensive income associated with our fuel derivatives qualifying as cash flow hedges. Earnings Impact - The decrease in fuel expense from hedging increased pre-tax income by $3 million during the three months ended June 30 in both 2004 and 2003. Fuel hedging increased pre-tax income by $7 million and $11 million during the six months ended June 30, 2004 and 2003, respectively. 10 . . . . For the six months ended at June 3D, 2004 and 2003, we recorded less than $1 million for hedging ineffectiveness. Sale of Receivables - We have sold without recourse on a 364-day revolving basis, an undivided interest in a designated pool of accounts receivable to investors through Union Pacific Receivables, Inc. (UPRI), a bankruptcy- remote subsidiary. At June 3D, 2004 and December 31, 2003, UPRI had transferred $770 million and $695 million, respectively, of accounts receivable to the investors. UPRI subsequently sells an interest in such pool to the investors and retains an undivided interest in a portion of these receivables. This retained interest is included in accounts receivable in our Consolidated Financial Statements. At June 30,2004 and December 31,2003, UPRI had a retained interest of $180 million and $105 million, respectively. The outstanding undivided interest held by investors of $590 million at both June 3D, 2004 and December 31, 2003 is sold at carrying value, which approximates fair value, and there is no gain or loss recognized from the transaction. These sold receivables are not included in our Consolidated Financial Statements. The amount of receivables sold fluctuates based upon the availability of the amount of receivables eligible for sale and is directly affected by changing business volumes and credit risks, including default and dilution. If default or dilution percentages were to increase one percentage point, the amount of receivables available for sale would decrease by $6 million. Should UPC's credit rating fall below investment grade, the amount of receivables sold would be reduced, and, in certain cases, the investors have the right to discontinue this reinvestment. The investors have designated us to service the sold receivables; however, no servicing asset or liability has been recognized as the servicing fees adequately compensate us for our responsibilities. The costs of the sale of receivables program are included in other income and were $2 million for both the three months ended June 3D, 2004 and 2003, and $4 million and $5 million for the six months ended June 3D, 2004 and 2003, respectively. The costs include interest, program fees paid to banks, commercial paper issuing costs and fees for unused commitment availability. Payments collected from sold receivables can be reinvested in new receivables on behalf of the buyers. Proceeds from collections reinvested in the program were approximately $5.9 billion and $5.4 billion during the six months ended June 3D, 2004 and 2003, respectively. On August 5, 2004, the sale of receivables program was renewed on a 364-day revolving basis without any significant term changes. 5. Debt Redemption - On April 5, 2004, we redeemed the Missouri Pacific Railroad Company 4.25% first mortgage bonds with an outstanding balance of approximately $92 million and a maturity date of January 1, 2005. 6. Retirement Plans Pension and Other Postretirement Benefits Pension Plans - We provide dermed benefit retirement income to eligible non~union employees through the Corporation's qualified and non-qualified (supplemental) pension plans. Qualified and non-qualified pension benefits are based on years of service and the highest compensation during the latest years of employment with specific reductions made for early retirements. Other Postretirement Benefits (OPEB) - We provide dermed contribution medical and life insurance benefits for eligible retirees. These benefits are funded as medical claims and life insurance premiums are paid. Expense Pension and OPEB expenses are determined based upon the annual service cost of benefits (the actuarial cost of benefits earned during a period) and the interest cost on those liabilities, less the expected return on plan assets. With respect to the value of pension plan assets, the expected long-term rate of return on plan assets is applied to a calculated value of plan assets that recognizes changes in fair value over a five-year period. This practice is intended to reduce year-to-year volatility in pension expense, but it may have the effect of delaying the recognition of differences between actual returns on assets and expected returns based on long- term rate of return assumptions. 11 Differences in actual experience in relation to assumptions are not recognized immediately, but are deferred . and. if necessary. amortized as pension or OPEB expense. The components of our net periodic pension costs for the three and six months ended June 30, 2004 and 2003 were as follows: Pension Three Months Ended Six Months Ended June 30, June 30, Millions of Dollars 2004 2003 2004 2003 Service cost.............. .................. .............. ..... ............. ....................... $ 7 $ 7 $ 15 $ 14 Interest cost..................... .................. ............... ..... ....... ....... ............. 29 29 58 57 Expected return on plan assets..................................................... (35) (36) (69) (68) Amortization of: Transition obligation ................................................................ - - (1) (1) Prior service cost.... ...................... ...................... ............ ...... ...... 2 3 4 5 Actuarial loss ..... ................................. .......... ................... ........ ... 1 1 2 1 Total net periodic benefit cos1...................................................... $ 4 $ 4 $ 9 $ 8 The components of our net periodic OPEB costs for the three and six months ended June 30, 2004 and 2003 were as follows: OPEB Three Months Ended June 30, 2003 $ 2 9 2004 $ 2 8 Six Months Ended June 30, 2004 2003 $ 4 $ 4 17 18 . Millions of Dollars Service cost............. .......... ........... ................... ............ ........ .......... .... Interest cost....... ....................... ................... ............... ............ .......... Amortization of: Prior service cost (credit) ......................................................... Actuarial loss .............................................................................. Total net periodic benefit cos1...................................................... (4) 4 $ 10 (4) 4 $ 11 (9) (8) 8 8 $20 $22 Cash Contributions During 2004, we have voluntarily contributed $50 million to the pension plans, and we do not expect to make additional contributions in 2004. 7. Capital Stock - The number of shares shown in the Common Stock section of the Consolidated Statement of Changes in Common Shareholders' Equity excludes 2,665 shares of Common Stock and 232 shares of Class A Stock owned by Southern Pacific Rail Corporation, an affiliate of the Registrant, whose results are included in our Consolidated Financial Statements. . 12 . . . 8. Other Income - Other income included the following for the three months and six months ended June 30, 2004 and 2003: Three Months Six Months Ended June 30, Ended June 30, Millions of Dollars 2004 2003 2004 2003 Net gain on non-operating asset dispositions...................................... $7 $14 $21 $24 Rental income............................................................................................ 13 13 24 25 Interest income......................................................................................... 1 1 2 2 Other, net ................................................................................................... (12) (10) (19) (19) TotaI............................................................................................................ $9 $18 $28 $32 9. Commitments and Contingencies Un asserted Claims - There are various claims and lawsuits pending against us and certain of our subsidiaries. It is not possible at this time for us to determine fully the effect of all unasserted claims on our consolidated financial condition, results of operations or liquidity; however, to the extent possible, where unasserted claims can be estimated and where such claims are considered probable, we have recorded a liability. We do not expect that any known lawsuits, claims, environmental costs, commitments, contingent liabilities or guarantees will have a material adverse effect on our consolidated fmancial condition, results of operations or liquidity. Personal Injury and Occupational Illness - The cost of personal injuries to employees and others related to our activities is charged to expense based on estimates of the ultimate cost and number of incidents each year. We use third-party actuaries to assist us in properly measuring the expense and liability. Compensation for work-related accidents is governed by the Federal Employers' Liability Act (FELA). Under FELA, damages are assessed based on a fmding of fault through litigation or out-of-court settlements. We offer a comprehensive variety of services and rehabilitation programs for employees who are injured at work. Expenses for our personal injury-related events were $83 million and $63 million for the three months ended June 30, 2004 and 2003, respectively. Expenses in the second quarter of 2004 were negatively impacted in part by costs related to a derailment near San Antonio that occurred in late June. Our expenses for personal injury-related events for the six months ended June 30, 2004 and 2003 were $183 million and $121 million, respectively. Our first quarter 2004 expense included $30 million, excluding interest, relating to a 2002 jury verdict against us for a 1998 grade-crossing accident that was upheld in the first quarter of 2004. As of June 30, 2004 and December 31, 2003, we had a liability of $680 million and $615 million, respectively, accrued for future personal injury costs, of which $272 million was recorded in current liabilities as accrued casualty costs in both years. We have additional amounts accrued for claims related to certain alleged occupational illnesses. The impact of current obligations is not expected to have a material adverse effect on our consolidated financial condition, results of operations or liquidity. Environmental Costs- We generate and transport hazardous and non-hazardous waste in our current operations and have done so in our former operations, and we are subject to federal, state and local environmental laws and regulations. We have identified 397 sites at which we are or may be liable for remediation costs associated with alleged contamination or for violations of environmental requirements. This includes 51 sites that are the subject of actions taken by the U.S. government, 29 of which are currently on the Superfund National Priorities List. Certain federal legislation imposes joint and several liability for the remediation of identified sites; consequently, our ultimate environmental liability may include costs relating to activities of other parties, in addition to costs relating to our own activities at each site. When an environmental issue has been identified with respect to the property owned, leased or otherwise used in the conduct of our business, we and our consultants perform environmental assessments on such property. We expense the cost of the assessments as incurred. We accrue the cost of remediation where our obligation is probable and such costs can be reasonably estimated. As of June 30, 2004 and December 31, 2003, we had a liability of $186 million and $187 million, respectively, 13 accrued for future environmental costs, of which $51 million and $57 million were recorded in current liabilities as accrued casualty costs. The liability includes future costs for remediation and restoration of sites, as well as for ongoing monitoring costs, but excludes any anticipated recoveries from third parties. Cost estimates are based on information available for each site, fmancial viability of other potentially responsible parties and existing technology, laws and regulations. We believe that we have adequately accrued for our ultimate share of costs at sites subject to joint and several liability. However, the ultimate liability for remediation is difficult to determine because of the number of potentially responsible parties involved, site-specific cost sharing arrangements with other potentially responsible parties, the degree of contamination by various wastes, the scarcity and quality of volumetric data related to many of the sites and/or the speculative nature of remediation costs. The impact of current obligations is not expected to have a material adverse effect on our consolidated fmancial condition, results of operations or liquidity. Purchase Obligations and Guarantees - We periodically enter into fmancial and other commitments in connection with our business. We do not expect that these commitments or guarantees will have a material adverse effect on our consolidated fmancial condition, results of operations or liquidity. At June 30, 2004, we were contingently liable for $422 million in guarantees and $27 million in letters of credit. These contingent guarantees were entered into in the normal course of business and include guaranteed obligations of affiliated operations. The guarantee with the longest remaining term expires in 2022. We are not aware of any existing event of default that would require us to satisfy these guarantees. As described in note 10 to our Consolidated Financial Statements, Item 8, in our 2003 annual report on Form 1O-K, we have a synthetic operating lease arrangement to fmance a new headquarters building. We guarantee a residual value equal to 85% of the total construction-related costs upon completion of the building. During construction, we guarantee 89.9% of the construction costs incurred. At June 30, 2004, our guarantee related to the building was approximately $177 million. The guarantee will be approximately $220 million upon completion of the building. At June 30, 2004, we had a liability of approximately $6 million related to the fair value of this guarantee. UPC guarantees our entire obligation under this lease. Income Taxes - The IRS has substantially completed its examination of the Corporation's federal income tax returns for the years 1995 to 1998 and has issued a preliminary notice of deficiency. Specifically, the IRS proposes to disallow 100% of the deductions claimed in connection with certain donations of property occurring during those years. The Corporation disputes the proposed adjustments and intends to vigorously defend its position through applicable IRS procedures, and, if necessary, litigation. At this time, we are unable to estimate the impact this may have on our Consolidated Financial Statements. 10. Accounting Pronouncements - In March 2004, the F ASB issued an exposure draft, Share-Based Payment, an Amendment ofF ASB Statements No. 123 and 95. If fmalized as drafted, we will be required to record compensation expense for stock options beginning January 1,2005. We will be required to record compensation costs based on the fair value of the awards granted to employees. We are currently assessing the impact that this proposed standard would have on our Consolidated Financial Statements. 11. Cumulative Effect of Accounting Change - Surface Transportation Board 4STB) accounting rules require that railroads accrue the cost of removing track structure over the expected useful life of these assets. Railroads historically used this prescribed accounting for reports filed with both the STB and SEC. In August 2001, the FASB issued Statement No. 143, Accounting for Asset Retirement Obligations (F AS 143). This statement was effective for us beginning January I, 2003, and prohibits the accrual of removal costs unless there is a legal obligation to remove the track structure at the end of its life. We concluded that we did not have a legal obligation to remove the track structure, and therefore, under generally accepted accounting principles, we could not accrue the cost of removal in advance. As a result, reports filed with the SEC will reflect the expense of removing these assets in the period in which they are removed. For STB reporting requirements only, we will continue to follow the historical method of accruing in advance, as prescribed by the STB. F AS 143 also requires us to record a liability for legally obligated asset retirement costs associated with tangible long-lived assets. In the fIrst quarter of 2003, we recorded income from a cumulative effect of accounting change, related to the adoption of FAS 143, of $274 million, net of income tax expense of $167 million. The accounting change had no effect on our liquidity. 14 . . . . " . Item 2. Management's Narrative Analysis of the Results of Operations . . UNION PACIFIC RAILROAD COMPANY AND CONSOLIDATED SUBSIDIARY AND AFFILIATE COMPANIES RESULTS OF OPERATIONS Three Months and Six Months Ended June 30, 2004 Compared to Three Months and Six Months Ended June 30, 2003 For purposes of this report, unless the context otherwise requires, all references herein to the "Company." "we," "us." and "our" mean Union Pacific Railroad Company. The following discussion should be read in conjunction with the Consolidated Financial Statements and applicable notes to the Consolidated Financial Statements. Item I, and other information included in this report. Union Pacific Railroad Company (the Registrant). a Class I railroad incorporated in Delaware and an indirect wholly owned subsidiary of Union Pacific Corporation (the Corporation or UPC). together with a number of wholly owned and majority owned subsidiaries and certain affiliates (collectively, UPRR, the Company or Railroad). operates various railroad and railroad-related businesses. Available Information Our Internet website is www.up.com. We make available free of charge on our website (under the "Investors" caption link) our annual reports on Form lO-K. our quarterly reports on Form lO-Q. our current reports on Form 8- K, the Corporation's proxy statement and Forms 3, 4 and 5. filed on behalf of UPC's directors and executive officers and amendments to such reports fIled or furnished pursuant to the Securities Exchange Act of 1934. as amended (the Exchange Act). as soon as reasonably practicable after such material is electronically filed with. or furnished to, the Securities Exchange Commission (SEC). We also make available on our website previously fIled SEC reports and exhibits via a link to EDGAR on the SEC's Internet site at www.sec.gov. Additionally. the Corporation's corporate governance materials, including Board Committee charters, governance guidelines and policies and codes of conduct and ethics for directors. officers and employees may also be found on our website at www.up.comlinvestors. From time to time. the corporate governance materials on our website may be updated as necessary to comply with rules issued by the SEC and the New York Stock Exchange or as desirable to promote the effective and efficient governance of our company. Any security holder wishing to receive. without charge. a copy of any of these SEC filings or corporate governance materials should write to Secretary, Union Pacific Corporation. 1400 Douglas Street. Omaha. NE 68179. This reference to our website address and any other references to it contained in this report are provided as a convenience and do not constitute, and should not be deemed an. incorporation by reference of the information contained on the website. Therefore. such information should not be considered part of this report. Critical Accounting Policies and Estimates Our discussion and analysis of our financial condition and results of operations are based upon our Consolidated Financial Statements. which have been prepared in accordance with accounting principles generally accepted in the United States of America. The preparation of these fmancial statements requires estimation and judgment that affect the reported amounts of revenues, expenses. assets and liabilities. We base our estimates on historical experience and on various other assumptions that are believed to be reasonable under the circumstances. the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. If these estimates differ materially from actual results. the impact on the Consolidated Financial Statements may be material. Our critical accounting policies are available in our 2003 annual report on Form 1O-K, Item 7. There have been no significant changes with respect to these policies during the first six months of 2004. 15 Network Performance Update As discussed in this Item 2 and as previously reported, operating results have been adversely affected by our inefficient network performance. which resulted in additional costs. including higher salary. equipment rent. fuel and other expenses. With the conclusion of the second quarter. we have seen our network performance stabilize due to several efforts implemented over the last nine months. Hiring and training efforts have continued at a significant rate. as nearly 2,300 trainmen were placed in service during the fIrSt half of 2004. We expect an additional 1,300 in the third quarter of 2004. By year-end. over 5.000 new employees will have been placed in train service. With improving conductor levels. we are working aggressively to train experienced conductors to become engineers. New employee hiring is being partially offset by attrition. We estimate an average annual year-over-year increase of approximately 2.000 full-time equivalent train crew personnel. In addition to hiring and training crews. we have accelerated locomotive acquisitions to improve velocity. During the fIrSt half of 2004. 96 new locomotives and 347 units under short-term leases entered our system. An additional 299 new units are expected to come on line through the end of the year. Although these additional, critical resources helped to stabilize our rail network. record volumes hampered improvement efforts in the nrst six months of 2004. As a result. in anticipation of further increases in demand in the coming months. we have implemented additional. significant actions that we believe will help protect the system from additional congestion and improve velocity. To control volume in several of our key corridors and terminals. we are limiting carloadings and reducing the overall inventory of railcars on our system. The key corridors include the 1-5 Corridor between Seattle and Roseville. California. the Sunset Cbrridor between Los Angeles and EI Paso. the route between Los Angeles and Salt Lake City. and the Central Corridor through Iowa and Illinois. Steps to limit carloadings include creating an allocation system for certain shipments to protect critical terminals from overload. temporarily limiting the number of rock and aggregate materials carloads handled in Texas. consolidating selected automobile and chemical trains. regulating the volume of selected agricultural commodities. and capping the numbers of incremental train starts. Although the timing of a return to more effective operations remains uncertain. we believe these efforts will allow us to improve network fluidity. handle greater traffic volume and operate more efficiently. Our future results will be a function of our service improvement. which will be indicated by our train velocity. car volume and other operating metrics. all of which are updated weekly on our website at www.up.com/investors/reports. Results of Operations Net Income - We reported net income of $165 million in the second quarter of 2004 compared to $295 million for the same period in 2003. Year-to-date net income was $329 million versus $736 million in 2003. Included in 2003 net income is the cumulative effect of accounting change of $274 million. net of tax. Along with the impact of the cumulative effect of accounting change on year-to-date comparisons. the decrease in second quarter and year-to- date periods was driven by wage and benent inflation. volume-related expenses and higher operational costs associated with a slower rail network. In addition. increased casualty and interest expense associated with an unfavorable court ruling involving a 1998 third-party crossing accident drove expenses higher in the nrst quarter. while expenses resulting from a derailment in San Antonio in late June negatively impacted income for the second quarter of 2004. Partially offsetting these expenses was revenue growth in the second quarter and year-to-date periods; a reduction of the deferred state income tax liability primarily attributable to relocating customer service. accounting and information technology operations to Omaha. Nebraska (recognized in the nrst quarter of 2004) and state income tax credits earned in connection with the new headquarters building in Omaha. Operating Revenues - Operating revenue is comprised of commodity revenue and other revenues. Other revenues primarily include subsidiary revenue from various companies that are wholly owned or majority owned. revenue from the Chicago commuter rail operations and accessorial revenue earned due to customer detainment of Railroad owned or controlled equipment. We recognize commodity revenues on a percentage-of-completion basis as freight moves from origin to destination. Other revenue is recognized as service is performed or contractual obligations are met. 16 . . . . " . .. . Second quarter rail commodity revenues increased $137 million (5%) to $2.9 billion compared to 2003. Second quarter revenue carloads grew 2% compared to a year ago, with particularly strong growth in the Chemical and Agricultural commodity groups. Average revenue per car (ARC) for the period increased 3% to $1,225 driven by pricing increases, fuel surcharges, index-based contract escalators and positive mix. Year-to-date rail commodity revenues grew 6% to $5.7 billion compared to 2003 driven by a 3% increase in both revenue carloads and average revenue per car. We recognized $67 million and $106 million in operating revenue from our fuel surcharge programs in the second quarter and year-to-date periods, respectively, in 2004 compared to $34 million and $55 million for the same periods in 2003. Other revenues increased $2 million (2%) to $119 million in the second quarter compared to a year ago and declined $9 million (4%) year-to-date when compared to 2003 as a result of lower accessorial revenue, partially offset by an increase in subsidiary revenue during the second quarter. The following tables summarize the year-over-year changes in rail commodity revenue, revenue carloads and ARC by commodity type: Three Months Ended Six Months Ended Commodity Revenue June 30, % June 30, % Millions of Dollars 2004 2003 Change 2004 2003 Change Agricultural....................................................... $ 399 $ 374 7% $ 810 $ 747 8% Automotive........................................................ 326 320 2 623 622 - Chemicals........................................................... 429 393 9 839 787 7 Energy ................................................................. 597 602 (1) 1,183 1,163 2 Industrial Products........................................... 606 561 8 1,169 1,071 9 Intermodal......................................................... 544 514 6 1,054 981 7 Total..... ................ ....... ............. .......................... $2,901 $2,764 5% $5,678 $5,371 6% Three Months Ended Six Months Ended Revenue Carloads June 30, % June 30, % Thousands 2004 2003 Change 2004 2003 Change Agricultural....................................................... 216 206 5% 446 420 6% Automotive........................................................ 217 214 1 420 421 - Chemicals ........................................................... 238 226 6 462 445 4 Energy ................................................................. 540 537 - 1,081 1,058 2 Industrial Products........................................... 387 382 1 752 722 4 Intermodal......................................................... 770 752 2 1,495 1,445 3 Total................................................................... 2,368 2,317 2% 4,656 4,511 3% Three Months Ended Six Months Ended A verage Revenue June 30, % June 30, % Per Car 2004 2003 Change 2004 2003 Change Agricultural........................................................ $1,853 $1,818 2% $1,818 $1,779 2% Automotive........................................................ 1,503 1,494 1 1,482 1,478 - Chemicals ........................................................... 1,799 1,743 3 1,816 1,769 3 Energy ................................................................. 1,106 1,120 (1) 1,095 1,099 - Industrial Products ........................................... 1,566 1,466 7 1,555 1,481 5 Intermodal......................................................... 706 684 3 705 679 4 Total.................................................................... $1,225 $1,193 3% $1,220 $1,190 3% Agricultural - Revenue grew 7% in the second quarter and 8% for the year-to-date period of 2004 over the comparable periods in 2003 with carloads improving 5% in the second quarter and 6% year-to-date and ARC increasing 2% in both periods. The improvement in carloads was driven by increased demand for Gulf export 17 . wheat, as well as meal shipments to both Mexico and domestic locations. Additionally. corn and feed grains experienced growth in the second quarter as demand to the Pacific Northwest increased. ARC improved due to price increases. the positive mix impact of a longer average length of haul and fuel surcharges. . Automotive - Revenue improved 2% for the second quarter but remained flat for the year-to-date period of 2004 over the comparable periods in 2003. For the second quarter. sales for the international manufacturers remained strong while several domestic manufacturers saw declines. These gains for the quarter-to-date period were offset by the frrst quarter decline in revenue due to lower revenues from domestic manufacturers. which were driven by lower production levels. ARC increased 1 % in the second quarter due to positive mix as a result of longer haul and higher ARC vehicle moves but was flat for the year-to-date period. Chemicals - Revenue for the second quarter and year-to-date period of 2004 over the comparable periods of 2003 grew 9% and 7%, respectively. as carloads and ARC showed improvement in both periods. An increase in market demand related to the overall economic recovery for liquid and dry chemicals as well as plastics drove the 6% and 4% improvement in carloadings for the second quarter and year-to-date periods in 2004. Liquified petroleum gas also contributed to the improvement with increased propane shipments, which were driven by more robust plant inventories combined with colder winter conditions in the frrst quarter and an anticipated warmer summer in 2004. ARC improved 3% in both periods due to a mix shift toward longer average length of haul moves in addition to price increases and fuel surcharges. Energy - Revenue decreased 1 % for the second quarter and increased 2% for the year-to-date period of 2004 over the comparable periods of 2003. Overall, second quarter volume was flat as ColoradolUtah volumes continued to be strong. offsetting market share losses in the South Powder River Basin and resource constraints on our system. Year- to-date carload volumes increased 2%. mainly due to a 9% increase in the ColoradolUtah market. Demand for western coal, especially from the ColoradolUtah market, drove the increase. A snowstorm in March of 2003. which affected critical energy routes in Wyoming and Colorado, also impacted the year-over-year carloading comparison. ARC decreased 1 % for the second quarter and was flat year-to-date. primarily due to shorter average length of haul. .. Industrial Products - Revenue increased 8% for the second quarter and 9% for the year-to-date period of 2004 over the comparable periods of 2003, due to increases in both carloads and ARC. The revenue gain in both periods was driven by a 1% gain in carloads for the second quarter and a 4% improvement year-to-date resulting from strengthened demand for lumber and steel. partially offset by lower stone and government shipments. Steel shipments increased as a result of higher demand for U.S. produced steel. while lumber shipments improved as housing starts and low interest rates continued to drive demand. Conversely. stone shipments in the second quarter were hampered by slower network velocity, which increased car cycle times. Government shipments declined as 2003 was positively impacted by the increased movement of military equipment and ammunition in support of the war in Iraq. ARC grew 7% and 5% for the second quarter and year-to-date periods due to price increases. fuel surcharges. and more high-ARC lumber moves and fewer low-ARC stone shipments. Intermodal - Revenue for the second quarter and year-to-date period of 2004 over the comparable periods of 2003 grew 6% and 7%, respectively. as carloads and ARC increased in both periods. Domestic revenue grew 6% in the second quarter and 10% in the first half of the year driven by improved overall economic conditions. International revenue increased in the second quarter and fIrst half of the year due to continued strength in imports from the Far East as more domestic goods are manufactured or assembled overseas. ARC for the three and six month periods improved 3% and 4%. respectively. due to fuel surcharges and price increases. Mexico Business - Included in the commodity revenue reported above is revenue from shipments to and from Mexico, which increased 7% to $243 million for the second quarter and improved 9% to $471 million for the year- to-date period of 2004 over the comparable periods of 2003. Business gains were led by an increase in agricultural revenues resulting from higher wheat and import beer in addition to industrial products. Reduced finished vehicle imports in both periods and reduced revenue in the first quarter derived from auto parts moves partially offset the increases. . 18 . . . . . Operating Expenses - Second quarter operating expenses increased $360 million (16%) to $2.7 billion compared to the same period in 2003. Year-to-date operating expenses increased $576 million (12%). Expenses in both periods were negatively impacted by wage and benefit inflation, volume-related costs and increased crew and asset utilization costs as the network continued to operate at suboptimal levels. Fuel costs also increased significantly in the second quarter versus 2003. Expenses in the first quarter of 2004 were also impacted by severe winter weather conditions, derailments in key through-freight locations and higher casualty costs relating to a 2002 jury verdict against us for a 1998 crossing accident that was upheld in the first quarter of 2004. Increased casualty costs were also recognized in the second quarter of 2004 due to a derailment in San Antonio, Texas. Salaries, Wages and Employee Benefits - Salaries, wages and employee benefits increased $99 million (11 %) in the second quarter of 2004 compared to 2003. Year-to-date, wage and benefit expenses rose $153 million (8%). The increases were driven by inflation, volume-related costs, training expenses associated with an increase in trainmen employment levels and increased crew utilization costs due to slower velocity. A severance program implemented in the first quarter of 2003 and lower protection costs and management performance-based compensation expense in 2004 partially offset these increases. Protection cost represents the differential payment when the wage earned for active employment is lower than an employee's "protected" rate of pay. An individual's protected rate is imposed by the Surface Transportation Board for employees adversely affected by a merger or is established by collective bargaining agreements in other cases. We also benefited from cost savings driven by a lower non-transportation force during the fIrSt half of 2004. Equipment and Other Rents - Equipment and other rents primarily includes rental expense that we pay for freight cars owned by other railroads or private companies; freight car, intermodal and locomotive operating leases; other specialty equipped vehicle leases; and office and other rentals. Expenses increased $62 million (21%) in the second quarter compared to 2003 and $79 million (13%) year-to-date. The increase in both periods was driven by an increase in carload volumes combined with slower network velocity that increased inventory levels and car cycle times, which resulted in higher locomotive and car rental expense. Car cycle time is defmed as the amount of time that a car spends on our system without changing its loaded/unloaded status or having a new waybill issued. These increases were partially offset by reduced rental prices for private freight cars. The higher locomotive expense is also due to the increased leasing of new locomotives, which are being utilized for the higher business volumes and to assist us with network performance. Depredation - The majority of depreciation expense relates to track structure, including rail, ties and other track material. Depreciation expense increased $25 million (10%) in the second quarter versus the same period in 2003 and $24 million (5%) year-to-date compared to 2003. The increase is due to higher capital spending in recent years, which has increased the total value of our depreciable assets, thus requiring additional depreciation expense. Mitigating the increase was a depreciation study implemented in June of 2003 which reduced rates for certain track assets and raised rates for locomotives and other assets. Fuel and Utilities - Fuel and utilities is comprised of locomotive fuel, gasoline, other fuels and utilities other than telephone. Expenses increased $112 million (35%) in the second quarter and $149 million (22%) year-to-date 2004 compared to a year ago. The additional expenses were driven by higher fuel prices, a 3% and 4% increase in gross ton miles for the second quarter and year-to-date periods, respectively, and a higher fuel consumption rate (measured by gallons consumed per thousand gross ton miles). Fuel prices averaged $1.16 per gallon in the second quarter of 2004 compared to 88 cents per gallon in the second quarter of 2003 (price includes taxes and transportation costs). Year-to-date, fuel prices averaged $1.09 per gallon compared to 94 cents per gallon in 2003. Higher fuel prices in 2004 resulted in a $97 million increase in fuel expense in the second quarter and $101 million increase year-to-date compared to 2003. The increase in gross ton miles for the second quarter and year-to-date periods resulted in additional fuel expense of $8 million and $22 million, respectively. We hedged approximately 8% of our fuel consumption for the second quarter, which decreased fuel costs by $4 million. Gasoline, utilities and propane expenses increased $2 million in the second quarter and $6 million year-to-date primarily due to higher prices. Materials and Supplies - Materials used for the maintenance of our lines, structures and equipment is the principal component of materials and supplies expense. Office, small tools and other supplies along with the costs of freight 19 . services purchased to ship company materials are also included. Expenses increased $16 million (16%) in the second quarter and $36 million (18%) year-to-date, primarily due to increased use of locomotive repair materials associated with maintaining a larger fleet with more units off warranty, additional freight car repairs and other materials expense. These increases were partially offset by a shift of additional third-party contracting of locomotive repairs, resulting in a corresponding increase to Purchased Services and Other Costs. . Casualty Costs - The largest component of casualty costs is personal injury expense. Freight and property damage, insurance, environmental matters and occupational illness expense are also included in casualty costs. Casualty costs increased $11 million (11%) in the second quarter compared to 2003 and $59 million (29%) year-to-date primarily due to increased personal injury costs, including costs relating to a 2002 jury verdict against us for a 1998 crossing accident that was upheld in the first quarter of 2004 and costs related to a derailment near San Antonio that occurred in the latter part of the second quarter. Expenses associated with destruction of foreign equipment and freight loss and damage also increased as we incurred more costs related to derailments in 2004 compared to 2003. Purchased Services and Other Costs - Purchased services and other costs include the costs of services provided by outside contractors, state and local taxes, net costs of operating facilities jointly used by us and other railroads, transportation and lodging for train crew employees, trucking and contracting costs for intermodal containers, leased automobile maintenance expenses, telephone and cellular expense, employee travel expense and computer and other general expenses. Expenses increased $35 million (12%) in the second quarter of 2004 and $76 million (13%) year-to-date when compared to last year driven by higher expenses for contract maintenance services and state and local taxes. Trucking expenses for intermodal carriers and crew transportation costs also rose due to additional volume and slower network velocity. The increase in contract maintenance was primarily driven by an increase in locomotive maintenance expense. Operating Income - Second quarter operating income decreased $221 million (38%) to $361 million while operating income year-to-date declined $278 million (29%) to $675 million as wage and benefit inflation, higher fuel prices, volume and resource utilization costs associated with network performance, severe weather conditions in the fIrst quarter, derailments and higher casualty costs more than offset year-to-date commodity revenue growth of 6%. The operating margin for the second quarter was 12.0%, compared to 20.2% in 2003. The year-to-date operating margin was 11.4% compared to 17.0% a year ago. . Non-Operating Items - Interest expense decreased $1 million (1%) in the second quarter and increased $1 million (flat) year-to-date compared to the same periods in 2003 primarily due to lower average debt levels that were offset by higher weighted average interest rates on a year-to-date basis. Our average debt levels decreased to $6.6 billion and $6.5 billion for the three and six months ended June 30, 2004, respectively, from $6.7 billion for both the three and six months ended June 30, 2003. Second quarter other income decreased $9 million (50%) to $9 million while other income for the year-to-date period decreased $4 million (13%) to $28 million in 2004 compared to 2003. The decreases in both periods were driven primarily by lower net gains on the disposition of assets. Income tax expense decreased $99 million (55%) in the second quarter and $150 million (55%) year-to-date compared to 2003 due to lower pre-tax income; a reduction of the deferred state income tax liability primarily attributable to relocating customer service, accounting and information technology operations to Omaha, Nebraska (recognized in the fIrst quarter of 2004) and state income tax credits earned in connection with the new headquarters building in Omaha. . 20 . . . . Other Operating and Financial Statistics Three Months Ended June 30, 2004 2003 Six Months Ended June 30, 2004 2003 Gross ton-miles (billions)........................................ Revenue ton-miles (billions) ................................... 260.6 136.1 253.8 132.3 512.5 270.7 495.1 258.7 Gross and Revenue Ton-Miles - Gross and revenue ton-miles increased 3% for the second quarter and 4% and 5%, respectively, for the year-to-date periods driven by an increase in carloadings, longer average length of haul for Agricultural and Chemical shipments and the positive impact of volume growth experienced in the higher density commodity groups, primarily Agricultural, Chemicals and Industrial Products. Gross ton-miles are calculated by multiplying the weight of a loaded or empty freight car by the number of miles hauled. Revenue ton-miles do not include the weight of the freight car. OTHER MATTERS Intercompany Relationship with UPC - At June 30,2004 and December 31, 2003, we had $892 million and $972 million working capital deficit balances, respectively, relating to UPC's management of our cash position. As part of UPC's cash management activities, we advance excess cash (cash available after satisfying all of our obligations and paying dividends to UPC) to UPC. We declare and pay dividends to UPC which typically approximate the dividends that UPC declares to its shareholders; however, there is no formal requirement to do so. The dividend declaration between us and UPC is determined solely by our Board of Directors. To the extent we require additional cash for use in our operations, UPC makes such funds available to us for borrowing. Transactions between UPC and us are treated as net intercompany borrowings in the Consolidated Statements of Financial Position. The majority of our intercompany borrowings from UPC relate to the acquisitions of the Chicago and North Western Transportation Company and Southern Pacific Rail Corporation which were funded by UPC on our behalf. We assumed these acquisition costs in the form of intercompany borrowings from UPC. The intercompany borrowings accrue interest at an annual rate of 7.5%, which may be adjusted from time to time, and are payable on demand. There are no restrictions on the amount we are able to borrow from UPC. Intercompany borrowings are unsecured and rank equally with all of our other unsecured indebtedness. UPC provides us with various services, including strategic planning, legal, treasury, accounting, auditing, insurance, human resources and corporate affairs. Billings for these services were $15 million and $12 million for the three months ended June 30, 2004 and 2003. respectively. Billings were $27 million for the six months ended June 30 in both 2004 and 2003. Commitments and Contingencies - There are various claims and lawsuits pending against us and certain of our subsidiaries. We are also subject to various federal. state and local environmental laws and regulations. pursuant to which it is currently participating in the investigation and remediation of various sites. Pensions - As of June 30, 2004, we have voluntarily contributed $50 million to the pension plans. and we do not expect to make additional contributions in 2004. Accounting Pronouncements - In March 2004. the F ASB issued an exposure draft. Share-Based Payment, an Amendment of FASB Statements No. 123 and 95. If fmalized as drafted. we will be required to record compensation expense for stock options beginning January 1. 2005. We will be required to record compensation costs based on the fair value of the awards granted to employees. We are currently assessing the impact that this proposed standard would have on our Consolidated Financial Statements. Income Taxes - The IRS has substantially completed its examination of the Corporation's federal income tax returns for the years 1995 to 1998 and has issued a preliminary notice of deficiency. Specifically, the IRS proposes to disallow 100% of the deductions claimed in connection with certain donations of property occurring during those 21 . years. The Corporation disputes the proposed adjustments and intends to vigorously defend its position through applicable IRS procedures, and, if necessary, litigation. At this time, we are unable to estimate the impact this may have on our Consolidated Financial Statements. . Ratio of Earnings to Fixed Charges - For the three months and six months ended June 30, 2004, our ratio of earnings to fIXed charges was 2.4 and 2.2, respectively. compared to 3.4 for both the three months and six months ended June 30, 2003. The ratio of earnings to fixed charges has been computed on a consolidated basis. Earnings represent income before the cumulative effect of accounting change (net income for the quarter ended June 30, 2004), less equity earnings net of distributions, plus fIXed charges and income taxes. Fixed charges represent interest charges. amortization of debt discount and the estimated amount representing the interest portion of rental charges. CAUTIONARY INFORMATION Certain statements in this report are. and statements in other material fIled or to be filed with the Securities and Exchange Commission (as well as information included in oral statements or other written statements made or to be made by us) are. or will be, forward-looking statements as defmed by the Securities Act of 1933 and the Securities Exchange Act of 1934. These forward-looking statements include, without limitation. statements regarding: expectations as to operational or service improvements; statements concerning expectations of the effectiveness of steps taken or to be taken to improve operations or service. including the hiring and training of train crews, acquisition of additional locomotives. infrastructure improvements and management of customer traffic on the system to meet demand; expectations as to cost savings. revenue growth and earnings; the time by which certain objectives will be achieved; statements or information concerning projections, predictions. expectations, estimates or forecasts as to our business. fmancial and operational results and future economic performance; statements of management's goals and objectives; estimates of costs relating to environmental remediation and restoration; proposed new products and services; expectations that claims, lawsuits. environmental costs. commitments, contingent liabilities. labor negotiations or agreements. or other matters that will not have a material adverse effect on our consolidated financial condition, results of operations or liquidity and any other similar expressions concerning matters that are not historical facts. . Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times that. or by which. such performance or results will be achieved. including expectations of operational and service improvements. Forward-looking information is based on information available at the time and/or management's good faith belief with respect to future events. and is subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in the statements. The following important factors. in addition to those discussed in "Risk Factorsft in Item 7 of our 2003 annual report on Form lO-K, could affect our future results and could cause those results or other outcomes to differ materially from those expressed or implied in the forward-looking statements: · whether we are fully successful in implementing our fmancial and operational initiatives. including gaining new customers and retaining existing ones. along with containment of operating costs; · whether we are successful in improving network operations and service by hiring and training additional train crews. acquiring additional locomotives. improving infrastructure and managing customer traffic on the system to meet demand; · material adverse changes in economic and industry conditions. both within the United States and globally; . the effects of adverse general economic conditions affecting customer demand and the industries and geographic areas that produce and consume commodities carried by us; . 22 ~ . . . . . industry competition, conditions, performance and consolidation; . general legislative and regulatory developments, including possible enactment of initiatives to re- regulate the rail industry; · legislative, regulatory, or legal developments involving taxation, including enactment of new federal or state income tax rates, revisions of controlling authority, and the outcome of tax claims and litigation; · changes in securities and capital markets; · natural events such as severe weather, fire, floods, earthquakes or other disruptions of our operating systems, structures and equipment; · any adverse economic or operational repercussions from terrorist activities and any governmental response thereto; . war or risk of war; · changes in fuel prices; · changes in labor costs and labor difficulties, including stoppages affecting either our operations or our customers' abilities to deliver goods to us for shipment; and · the outcome of claims and litigation, including those related to environmental contamination, personal injuries and occupational illnesses arising from hearing loss, repetitive motion and exposure to asbestos and diesel fumes. Forward-looking statements speak only as of the date the statement was made. We assume no obligation to update forward-looking information to reflect actual results, changes in assumptions or changes in other factors affecting forward-looking information. If we do update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect thereto or with respect to other' forward-looking statements. Item 3. Quantitative and Qualitative Disclosures About Market Risk There have been no material changes in market risk from the information provided in Item 7 A. Quantitative and Qualitative Disclosures About Market Risk of our 2003 annual report on Form 1O-K. Item 4. Controls and Procedures As of the end of the period covered by this report, the Company carried out an evaluation, under the supervision and with the participation of the Company's management, including the Company's Chief Executive Officer (CEO) and Executive Vice President - Finance and Chief Financial Officer (CFO) , of the effectiveness of the design and operation of the Company's disclosure controls and procedures pursuant to Exchange Act Rule 13a-15. Based upon that evaluation, the CEO and the CFO concluded that, as of the end of the period covered by this report, the Company's disclosure controls and procedures are effective in alerting them, in a timely manner, to material information relating to the Company (including its consolidated subsidiaries) required to be included in the Company's periodic SEC filings. Additionally, the CEO and CFO determined that there have been no changes to the Company's internal control over financial reporting during the last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the Company's internal control over fmancial reporting. 23 PART II. OTHER INFORMATION Item 1. Legal Proceedings ENVIRONMENTAL MATTERS We have received notices from the EPA and state environmental agencies alleging that we are or may be liable under certain federal or state environmental laws for remediation costs at various sites throughout the United States, including sites which are on the Superfund National Priorities List or state superfund lists. Although specific claims have been made by the EPA and state regulators with respect to some of these sites, the ultimate impact of these proceedings and suits by third parties cannot be predicted at this time because of the number of potentially responsible parties involved, the degree of contamination by various wastes, the scarcity and quality of volumetric data related to many of the sites, and! or the speculative nature of remediation costs. Item 6. Exhibits and Reports on Form 8-X (a) Exhibits Exhibits are listed in the exhibit index on page 26. (b) Reports on Form 8-X On July 22, 2004, the Registrant furnished a Current Report on Form 8-K announcing UPC's fmancial results for the second quarter of 2004.* On July 9, 2004, the Registrant furnished a Current Report on Form 8-K announcing the issuance of a letter to customers.* On June 9. 2004, the Registrant furnished a Current Report on Form 8-K regarding-an update to UPC's earnings outlook for the second quarter of 2004.* On April 29, 2004, the Registrant furnished a Current Report on Form 8-K announcing UPC's financial results for the first quarter of 2004. * On April 15. 2004, the Registrant furnished a Current Report on Form 8-K announcing the issuance of a letter to customers. * * These reports. or certain portions thereof, were furnished under Item 9 or Item 12 of Form 8-K and are referenced herein for informational purposes only. Therefore, such reports or applicable provisions thereof are not, and such contents should not be deemed, incorporated by reference into any registration statements ftled by Union Pacific Railroad Company with the SEC under the Securities Act of 1933, as amended. 24 . . . . .. II . . . SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Dated: August 6, 2004 UNION PACIFIC RAILROAD COMPANY (Registrant) By Isl Robert M. Knight. Jr. Robert M. Knight, Jr. Executive Vice President - Finance and Chief Financial Officer (principal Financial Officer) By Is! Richard T. Putz Richard J. Putz, Chief Accounting Officer and Controller (Chief Accounting Officer and Duly Authorized Officer) 25 .. J UNION PACIFIC RAILROAD COMPANY EXHIBIT INDEX . Exhibit No. Description Exhibits Filed with this Statement 12(a) Ratio of Earnings to Fixed Charges for the Three Months Ended June 3D, 2004 and 2003. 12 (b) Ratio of Earnings to Fixed Charges for the Six Months Ended June 3D, 2004 and 2003. 31 (a) Certification Pursuant to RuIe 13a-14(a) of the Exchange Act, as Adopted Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 - Richard K. Davidson. 31 (b) Certification Pursuant to RuIe 13a-14(a) of the Exchange Act, as Adopted Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 - Robert M. Knight, Jr. 32 Certifications Pursuant to 18 D.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 - Richard K. Davidson and Robert M. Knight, Jr. Exhibits IncOl:porated by Reference 3 (a) Amended Certificate of Incorporation of the Registrant, effective as of February I, 1998, is incorporated herein by reference to Exhibit 3(a) to the Company's annual report on Form 10-K for the year ended December 31,1998. . 3 (b) By-laws of the Registrant, as amended effective as of February I, 2004, are incorporated herein by reference to Exhibit 3(a) to the Company's annual report on Form lO-K for the year ended December 31,2003. . 26 to . . . . EXHIBIT Il(a) Ratio of Earnings to Fixed Charges Union Pacilic Railroad Company and Consolidated Subsidiary and Affiliate Companies (Unaudited) Three Months Ended June 30, Millions of Dollars, Except Ratios 2004 2003 Earnings: N et income................................................................................................... $165 $295 Equity earnings net of distributions......................................................... (11) (16) Total earnings ...................................................................................................... 154 279 Income taxes ........................................................................................................ 82 181 Fixed charges: Interest expense including amortization of debt discount................... 123 124 Portion of rentals representing an interest factor .................................. 48 67 Total fIXed charges .............................................................................................. 171 191 Earnings available for fIXed charges ................................................................. $407 $651 I Ratio of earnings to fixed charges..................................................................... 2.4 3.4 I 27 ~ '. EXHIBIT 12(b) . Ratio of Earnings to Fixed Charges Union Pacific Railroad Company and Consolidated Subsidiary and AiJiliate Companies (Unaudited) Six Months Ended June 30. Millions of Dollars. Except Ratios 2004 2003 Earnings: Income before cumulative effect of accounting change....................... $ 329 $ 462 Equity earnings net of distributions......................................................... (26) 38 Total earnings ...................................................................................................... 303 500 Income taxes ........................................................................................................ 123 273 Fixed charges: Interest expense including amortization of debt discount................... 251 250 Portion of rentals representing an interest factor .................................. 93 77 Total fIXed charges .............................................................................................. 344 327 Earnings available for fIXed charges ................................................................. $ 770 $1,100 I Ratio of earnings to fixed charges..................................................................... 2.2 3.41 . . 28 .. .. . . . Exhibit 31 (a) CERTIFICATION OF PRINCIPAL EXECUTIVE OFFICER I. Richard K. Davidson, certify that: 1. I have reviewed this quarterly report on Form 10-Q of Union Pacific Railroad Company; 2. Based on my knowledge, this report does not contain any untrue statement of material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; 3. Based on my knowledge, the financial statements, and other fmancial information included in this report, fairly present in all material respects the fmancial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report; 4. The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) for the registrant and have: (a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; (b) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and (c) Disclosed in this report any change in the registrant's internal control over fmancial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over fmancial reporting; and 5. The registrant's other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over fmancial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions): (a) All significant deficiencies and material weaknesses in the design or operation of internal control over fmancial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report fmancial information; and (b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over fmancial reporting. Date: August 6, 2004 /s/ Richard K. Davidson Richard K. Davidson ChaIrman and Chief Executive Officer Union Pacific Railroad Company 29 ~ ., Exhibit 31 (b) . CERTIFICATION OF PRINCIPAL FINANCIAL OFFICER I, Robert M. Knight. Jr.. certify that: 1. I have reviewed this quarterly report on Form lO-Q of Union Pacific Railroad Company; 2. Based on my knowledge. this report does not contain any untrue statement of material fact or omit to state a material fact necessary to make the statements made. in light of the circumstances under which such statements were made. not misleading with respect to the period covered by this report; 3. Based on my knowledge. the financial statements. and other fmancial information included in this report, fairly present in all material respects the fmancial condition, results of operations and cash flows of the registrant as of. and for, the periods presented in this report; 4. The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) for the registrant and have: (a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; (b) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this . report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and (c) Disclosed in this report any change in the registrant's internal control over fmancial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected. or is reasonably likely to materially affect, the registrant's internal control over fmancial reporting; and 5. The registrant's other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over fmancial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions): (a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report fmancial information; and (b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over fmancial reporting. Date: August 6, 2004 /s/ Robert M. Knight. lr. Robert M. Knight, Jr. Executive Vice President - Finance and Chief Financial Officer Union Pacific Railroad Company . 30 to ", t' . EXHIBIT 32 CERTIFICATION OF CHIEF EXECUTIVE OFFICER PURSUANT TO 18 U.S.C. SECTION 1350. AS ADOPTED PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002 In connection with the accompanying Quarterly Report of Union Pacific Railroad Company (the Company) on Form lO-Q for the period ending June 30. 2004 as filed with the Securities and Exchange Commission on the date hereof (the Report). I. Richard K. Davidson. Chairman and Chief Executive Officer of the Company. certify, pursuant to 18 U.S.C. Section 1350. as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, to the best of my knowledge. that: (1) The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and (2) The information contained in the Report fairly presents. in all material respects, the financial condition and results of operations of the Company. By: Is! Richard K. Davidson Richard K. Davidson Chairman and Chief Executive Officer Union Pacific Railroad Company August 6, 2004 . A signed original of this written statement required by Section 906 has been provided to the Company and will be retained by the Company and furnished to the Securities and Exchange Commission or its staff upon request. CERTIFICATION OF CHIEF FINANCIAL OFFICER PURSUANT TO 18 U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002 In connection with the accompanying Quarterly Report of Union Pacific Railroad Company (the Company) on Form 10-Q for the period ending June 30. 2004 as filed with the Securities and Exchange Commission on the date hereof (the Report). I. Robert M. Knight. Jr., Executive Vice President - Finance and Chief Financial Officer of the Company. certify. pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. to the best of my knowledge. that: (1) The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934: and (2) The information contained in the Report fairly presents. in all material respects. the fmancial condition and results of operations of the Company. . By: Is! Robert M. Knight. Jr. Robert M. Knight. Jr. Executive Vice President - Finance and Chief Financial Officer Union Pacific Railroad Company August 6, 2004 A signed original of this written statement required by Section 906 has been provided to the Company and will be retained by the Company and furnished to the Securities and Exchange Commission or its staff upon request. 31 7.0 Cost Forms _s' Form 7.1A _:2- - - - --------~------- ---- ----~----- -----~ --~-- - - ---- - ~- . . . CITY OF PORT ANGELES SOLID WASTE PROCESSING FACILITY DEVELOPMENT AND MANAGEMENT SERVICES FORM 7.1A TECHNICAL AND COST PROPOSAL Service Component I Transfer Station Development Fixed Monthly Service Fee Transfer Station Development 1. Permitting for Construction 2. Architecture and Engineering 3. Construction Management 4. On-site Demolition and Salvage 5. Site Improvement, Site Preparation, and Utilities 6. Startup Costs 7. Construction Bond $110.79 $3,136.96 $1,906.78 $86.11 $12,189.30 $332.15 $467.47 $123.02 8. Insurance During Construction Fixed Transfer Station Facilities 9. Main Building (Tipping, Staff, and Admin. Areas) 10. Public Recyclable Materials Drop-off Area 11. Public Yard Waste Drop-off Area 12. Public Special Waste Drop-off Area/HHW Drop-Off 13. Scale House and Scales 14. Scale Interface to City Network 15. On-site Roadway Improvements 16. Other Infrastructure and Improvements d 17. Pollution Prevention Facilities 18. Fixed CranelTop-load Compaction EqUipment 19. Fixed Rear-load Compaction Equipment 20. Initial Facility Spare Parts Inventory 21. Other Fixed Equipment d Moderate Risk Waste Facility (Service Component VII) 22. Total MRW Facility Design, Development, Construction e Subtotal: Development and Fixed Facilities Price (Items 1-22) Transfer Station Equipment 23. Yard Tractor(s) $18,858.44 $861.13 $553.58 $531.47 $4,096.23 $86.11 $6,162.91 $0 $775.01 $1,685.35 $6,150.55 $98.41 $1,599.13 $2,607.99 $62,418.89 $61509 Waste Connections of Washinqton, Inc. Legal Name of Proposer April 5. 2005 P-1 . . . CITY OF PORT ANGELES SOLID WASTE PROCESSING FACILITY DEVELOPMENT AND MANAGEMENT SERVICES FORM 7.1A Continuation TECHNICAL AND COST PROPOSAL Service Component I Transfer Station Development Fixed Monthly Service Fee 24. Loaders/Dozers 25. Mobile Top-load Compaction Equipment 26. Public Yard Waste Drop-Off Containers/Equipment 27. Public Special Waste Drop-Off Containers/Equipment 28. Initial Equipment Spare Parts/Maintenance Supplies 29. Other Equipment d Subtotal: Equipment Price (Items 23-29) Other Fixed Monthly Items 30. Financing 31. Performance Bond 32. Insurance After Start-up 33. Other d $3,383.00 $307.55 $174.07 $174.07 $98.41 $615.09 $5,367.28 $138.40 $73.81 $147.62 $0 $359.83 Subtotal: Other Fixed Monthly Price (Items 30-33) TOTAL FIXED MONTHLY SERVICE FEE (Development and Fixed Facilities Price + Equipment Price + Other Fixed Items Price) NOTES: a Required: without exception or modification to the terms and conditions set forth in the RFP, the Service Agreement, and the Performance Specifications. C Inclusive of all contractor incurred taxes and fees as defined in the Performance Specifications. d Attach an itemized descnption to this form. e Include all costs and profit on design, development, construction, financing and startup of the MRW Facility in accordance with the Performance Specifications and the Service Agreement. Attach an itemized description to this form. $68,146.00 April 5. 2005 P-2 Waste Connections of Washinqton, Inc. Legal Name of Proposer . . . FORM 7.1A TECHNICAL A1'.T)) COST PROPOSAL OTHER BREAKDOWN 7.1A# Description Itemized List F Quantity Unit Unit Cost TOTAL Site Improvement, Prep, Utilities $ 991,000 5 Total excavation/cut - TS 50,000 CY $ 3.32 $ 166,000 5 Fill/compaction - TS 15,000 CY $ 7.20 $ 108,000 5 Structural filVcompaction - TS 5,000 CY $ 10.00 $ 50,000 5 Haul excess material 30,000 CY $ 1.20 $ 36,000 5 Dewatering 1 LS $ 5,000 $ 5,000 5 Potable Water/Fire Main 1 LS $ 134,000 $ 134,000 5 Sanitary Sewer 1 LS $ 75,000 $ 75,000 5 Storm Drainage System 1 LS $ 134,000 $ 134,000 5 Curbs 200 LF $ 40 $ 8,000 5 Striping 1 LS $ 2,000 $ 2,000 5 Site Concrete - sidewalks, etc. 20 CY $ 300 $ 6,000 5 Litter Fence 1,000 LF $ 30 $ 30,000 5 Signage 1 LS $ 5,000 $ 5,000 5 Landscaping 1 LS $ 15,000 $ 15,000 5 Power Supply & distribution 1 LS $ 126,000 $ 126,000 5 Site Lighting 1 LS $ 52,000 $ 52,000 5 2" condUits for City's telecomm 1 LS $ 39,000 $ 39,000 5 firing range berm - not relocated o CY $ 2.40 $ Comments TOTAL raise Transfer Bldg & Trailer Parking by -1 ft to reduce cutlfill pipe, hydrants, meters, backflow 2 lift stations, pipe pipe, ditch, culvert Itemized List D 21 Tarp Station 1 $ 30,000 21 Pit Scales 2 $ 40,000 21 Card Reader System Allowance 1 unit $ 70,000 $ 140,000 29 Sweeper 1 $ 30,000 29 Pick Up Truck 1 $ 20,000 $ 50,000 Included in TS excavation/cut berm is not relocated; height & west are unchanged, east slope is regraded . . ~. CITY OF PORT ANGELES SOLID WASTE PROCESSING FACILITY DEVELOPMENT AND MANAGEMENT SERVICES FORM 7.18 TECHNICAL AND COST PROPOSAL Service Component I Transfer Station Operations Unit Prices a Rate A C Rate BC Rate CC < 45,000 tons per 45,001 - 60,000 tons > 60,000 tons per year per year year 1. Personnel $7.32 $6.01 $5.13 2. Utilities $.39 $.39 $.39 3. Maintenance Supplies $1.84 $1.64 $1.38 4. Contract Services $1.39 $1.23 $1.04 5. Records and Administration $1.04 $.92 $.79 6. Other To be determined and mutually agreed upon with the City of Port Angeles Total Transfer Station Operations $11.98 $10.19 $8.73 a Applicable only to Acceptable Waste and Acceptable Special Waste received at the transfer station and loaded for long-haul and disposal in accordance with the Service Agreement. Not applicable to MRW or recyclable materials. b Required: With no exception or modification to the terms and conditions set forth in the RFP, the Service Agreement, and the Performance Specifications. C Inclusive of all contractor incurred taxes and fees as defined in the Performance Specifications. 8. Annual Price Escalation Adjustment Factor (Z1B 1-5) Z1B1-5 = % of CPI 70 April 5. 2005 Waste Connections of Washinqton. Inc. Legal Name of Proposer P-3 ~ Form 7.2 CITY OF PORT ANGELES SOLID WASTE PROCESSING FACILITY DEVELOPMENT AND MANAGEMENT SERVICES . FORM 7.2 TECHNICAL AND COST PROPOSAL Service Component II Acceptable Waste Transport and Disposal Unit Prices a 1. Long-Haul Transportation from Transfer Station (< 45,000 tons per year) $22.02 2. Long-Haul Transportation from Transfer Station (45,001 to 60,000 tons per year) $21.33 3. Long-Haul Transportation from Transfer Station (> 60,000 tons per year) $21.33 4. Solid Waste Disposal $20.00 . 5. Taxes - Contractor Defined Oregon Department of Environmental Quality $1.25 NOTES a Applicable only to transport to and from the Port Angeles Transfer Station to the Disposal Site and disposal of Acceptable Waste in accordance with the Service Agreement. Unit prices are based on tons of waste weighed at the out bound transfer station scales. b Required: without exception or modification to the terms and conditions set forth in the RFP, the Service Agreement, and the Performance Specifications. C Inclusive of all contractor incurred taxes and fees as defined in the Performance Specifications. 8. Percent of Unit Price subject to CPI adjustment (W21-4) W21-4 = 68% (0-100%) Percent of Unit Price subject to FPI adjustment (X21.3) 10. Annual Fuel Price Escalation Adjustment Factor C'f21-3) Y21-3 = 80% of FPI 11. Annual Price Escalation Adjustment Factor (Z21-4) Z2 1-4 = 80% of CPI . April 5. 2005 P-4 Waste Connections of Washinqton, Inc. Legal Name of Proposer CITY OF PORT ANGELES SOLID WASTE PROCESSING FACILITY DEVELOPMENT AND MANAGEMENT SERVICES . FORM 7.2A TECHNICAL AND COST PROPOSAL Service Component II Special Waste Transport and Disposal Unit Prices a 1. Contaminated Soil 2. Bulky Waste 3. Asbestos 4. Coal Ash 5. White Goods 6. Self-Haul Tires 7. Processed Wood Waste 8. Treated Timber 9. Dredge Soils 10. Taxes - Contractor Defined Oregon Department of Environmental Quality 11. Other ,04d $40.53 $41.33 $142.00 $40.53 $55.00 $81.33 $41.33 $41.33 $40.53 . $1.25 To be determined and mutually agreed upon with the City of Port Angeles NOTES a Applicable only to transport to and from the Port Angeles Transfer Station to the Disposal Site and disposal of Acceptable Special Waste in accordance with the Service Agreement. Unit prices are based on tons of waste weighed at the out bound transfer station scales. b Required: without exception or modification to the terms and conditions set forth in the RFP, the Service Agreement. and the Performance Specifications. C Inclusive of all contractor incurred taxes and fees as defined in the Performance Specifications. 12. Percent of Unit Price subject to CPI adjustment 0N2A 1-9) W2A 1-9 = 68% (0-100%) Percent of Unit Price subject to FPI adjustment (X2A 1-9) 14. Annual Fuel Price Escalation Adjustment Factor (Y2A1-S) Y2A1-9 = 80 % of FPI 15. Annual Price Escalation Adjustment Factor (Z2A 1-9) Z2A 1-9 = 80 % of CPI I. April 5. 2005 P-5 Waste Connections of Washinqton. Inc. Legal Name of Proposer Fom17.3 CITY OF PORT ANGELES SOLID WASTE PROCESSING FACILITY DEVELOPMENT AND MANAGEMENT SERVICES . FORM 7.3 TECHNICAL AND COST PROPOSAL Service Component III Blue Mountain Drop Box Operations Unit Prices a 1. Drop Box Operations 2. Insurance $72.14 $2.03 $.63 3. Performance Bond 4. Other To be determined and mutually agreed upon with the City of Port Angeles $74.80 Total Blue Mountain Operations Unit Price NOTES a Unit prices are based on tons of wasted weighed in at the transfer station facility in accordance with the Service Agreement. b Required: without exception or modification to the terms and conditions set forth in the RFP, the Service Agreement, and the Performance SpeCifications. C Inclusive of all contractor incurred taxes and fees as defined in the Performance Specifications. . 6. Annual Price Escalation Adjustment Factor> (Z31-3) Z3 1-3 = 70 % of CPI . April 5. 2005 P-6 Waste Connections of Washinqton. Inc. Legal Name of Proposer . . . CITY OF PORT ANGELES SOLID WASTE PROCESSING FACILITY DEVELOPMENT AND MANAGEMENT SERVICES FORM 7.4 TECHNICAL AND COST PROPOSAL Service Component IV Recyclable Collection and Processing Unit Prices 1. Recyclable Materials - Curbside - Tier 1 Bi~Weekly curbside collection within Port Angeles; processing, transportation, marketing, and sales. 2. Recyclable Materials - Curbside - Tier 2 Bi-Weekly curbside collection within Port Angeles; processing, transportation, marketing, and sales. 3. Residential Yard Debris - Curbside Bi-Weekly curbside collection within Port Angeles; transportation to Port Angeles LandfillfTransfer Station. 4. Residential Yard Debris - Curbside Monthly curbside collection within Port Angeles; transportation to Port Angeles LandfillfTransfer Station. 5. Commercial Cardboard - Tier 1 Semi-weekly collection from locations within Port Angeles; transportation, marketing, and sales. 6. Commercial Cardboard - Tier 2 Semi-weekly collection from locations within Port Angeles; transportation, marketing, and sales. 7. Recyclable Materials - Public Facilities Weekly collection from seven City facilities; transportation, processing, marketing, and sales. 8. Recyclable Materials - School District Facilities Weekly collection from School District facilities; transportation, processing, marketing, and sales. 9. Recyclable Materials - Self.Haul Transfer Station Drop-Off Facility Collection, processing, transportation, marketing, and sales of materials received at the transfer station. 10. Recyclable Materials - Self-Haul Blue Mountain Drop-Off Facility. Collection, processing, transportation, marketing, and sales of materials received at the Drop-Off Facility. 11. Recyclable Materials Collection at 10 community events per year. $4.62 b Per participating residence per month $4.47 b Per participating residence per month $5.89 C Per participating residence per month $4.03 C Per participating residence per month $11.46 d Per participating customer per month $1046 d Per participating customer per month $0 Per month per location $10.46 Per month per location $208.33 Per month $890.85 Per month $0 No Charge to the City Aoril 5. 2005 Waste Connections of Washinqton, Inc. Legal Name of Proposer P-7 CITY OF PORT ANGELES SOLID WASTE PROCESSING FACILITY DEVELOPMENT AND MANAGEMENT SERVICES . FORM 7.4 Continuation TECHNICAL AND COST PROPOSAL Service Component IV Recyclable Collection and Processing Unit Prices 12.Percent of Unit Price subject to CPI adjustment (W41-11) W41-11 = 92% (0-100%) 13.Percent of Unit Price subject to FPI adjustment (~1-11) 14.Annual Fuel Price Escalation Adjustment Factor (Y41-11) Y41-11 = 80 % of FPI . 15.Annual Price Escalation Adjustment Factor (Z41-11) Z41-11 = 70 % of CPI a Required: With no exception or modification to the terms and conditions set forth in the RFP, the Service Agreement, and the Performance Specifications. b Per residence based on containers delivered. Tier 1 unit pricing is for participation from up to 60% of all eligible customers, Tier 2 unit pricing is for more than 60% of the eligible customers. C Per residence based on carts delivered. d Per location based on containers delivered. Tier 1 unit pricing is for participation from up to 60% of all eligible customers, Tier 2 unit pricing is for more than 60% of the eligible customers. e Inclusive of all contractor incurred taxes and fees as defined in the Performance Specifications. . April 5. 2005 P-8 Waste Connections of Washinqton. Inc. Legal Name of Proposer CITY OF PORT ANGELES SOLID WASTE PROCESSING FACILITY DEVELOPMENT AND MANAGEMENT SERVICES .' FORM 7.5 TECHNICAL AND COST PROPOSAL Service Component V Co-Composting Operations Unit Prices 1. Personnel 2. Utilities 3. Maintenance Supplies 4. Contract Services 5. Records and Administration 6. Insurance 7. Performance Bond 8. Equipment (contractor Provided) 9. Other . Total Co-Composting Operations Unit Price NOTES $4.15 $3.19 $1.00 $.75 $13.06 To be determined and mutually agreed upon with the City of Port Angeles $63.55 a Required: without exception or modification to the terms and conditions set forth in the RFP, the Service Agreement, and the Performance Specifications. b Inclusive of all contractor incurred taxes and fees as defined in the Performance Specifications. 11. Annual Price Escalation Adjustment Factora (Zs 1-8) ZS1-8 = 70 % of CPI . April 5. 2005 P-9 Waste Connections of Washinqton. Inc. Legal Name of Proposer ;I il ;/ I/" CITY OF PORT ANGELES SOLID WASTE PROCESSING FACILITY DEVELOPMENT AND MANAGEMENT SERVICES . FORM 7.6A TECHNICAL AND COST PROPOSAL Service Component VI Moderate-Risk Waste Transport and Disposal ale 1. Oil - based paint Gallon $6.40 2. Paint related waste Gallon $10.20 3. Latex Paint (disposal) Gallon $5.20 4. Latex Paint (recycle) Gallon $6.60 5. Flammable Liquid Gallon $5.60 6. Pesticides Pound $2.58 7. Aerosols - Flammable Pound $2.92 8. Aerosols - Pesticides Pound $3.00 9. Acids and Alkalines Pound $2.18 10. Penta Pound $2.58 11. Clordane Pound $2.58 . 12. Flammable Solids Pound $4.80 13. Oxidizers Pound $2.62 14. Organic Peroxides Pound $4.80 15. Other To be determined and mutually agreed upon with the City of Port Angeles Moderate-Risk Waste Operations b 16. Hourly Rate $35.72/ hr NOTES a Applicable only to transport and disposal of Acceptable Moderate-Risk Waste in accordance with the Service Agreement. Unit prices are based on fully packed containers identified under packing methods. Unit prices are based on waste weighed out of the transfer station facIlity. b Applicable only to handling of Acceptable Moderate-Risk Waste at the MRWF in accordance with the Service Agreement. Hourly rates are for on-site operations based on a minimum of 5 hours per day, 2 days per week. C Cost proposal shall reflect all MRW and special waste recycling and reuse revenues collected by the contractor as part of MRW and special waste handling and disposal. d Required: without exception or modification to the terms and conditions set forth in the RFP, the Service Agreement, and the Performance Specifications. e Inclusive of all contractor defined taxes and utilities. 'e 17 Annual Price Escalation Adjustment F actord (Zs 1- 16) Zsl-16 = 70 % of CPI April 5. 2005 P-10 Waste Connections of Washinqton. Inc. Legal Name of Proposer CITY OF PORT ANGELES SOLID WASTE PROCESSING FACILITY DEVELOPMENT AND MANAGEMENT SERVICES . FORM 7.68 TECHNICAL AND COST PROPOSAL Service Component VI Moderate-Risk Waste Packing Method 1. 2. 3. Latex Paint (disposal) 4. Latex Paint (recycle) 5. Flammable Liquid 6. Pesticides 7. Aerosols - Flammable 8. Aerosols - Pesticides 9. ACids and Alkalines 10. Penta 11. Clordane 12. Flammable Solids . 13. OXidizers 14. Organic Peroxides 15. Other Bulk Loose Bulk Loose Bulk Labpack Loose Loose Labpack Labpack Labpack Loose Labpack Labpack To be determined and mutually agreed upon with the City of Port Angeles . April 5. 2005 P-11 Waste Connections of Washinqton. Inc. Legal Name of Proposer Exhibit B ~ . . Exhibit 8 Performance Specifications I APPENDIX TITLE SECTIONS PAGE 1. Transfer Station Project Development 8.1-1 8.1 Transfer Station 2. Transfer Station Performance Specifications 8.1-14 3. Waste Transport 8.2-1 Waste Transport And 4. Tractor-Trailer Combinations 8.2 8.2-5 Disposal 5. Waste Disposal 8.2-6 6. 81ue Mountain Project Description 8.3-1 8.3 81ue Mountain Drop- 7. 81ue Mountain Performance Specifications 80x Operations 8.3-8 8. Recycling Project Description 8.4-1 8.4 Recyclable Collection 9. Recycling Performance Specifications And Processing 8.4-6 10. Co-Composting Project Description 8.5-1 8.5 Co-Composting 11. Co-Composting Performance Operations Specifications 8.5-5 12. Moderate-Risk Waste Project 8.6-1 Development 8.6 Moderate-Risk Waste 8.6-8 13. Moderate-Risk Waste Performance Specifications April 5, 2005 Transfer Station Appendix 8.1 Apnl 5, 2005 .~ . '. . . . TABLE OF CONTENTS 1. TRANSFER STATION PROJECT DEVELOPMENT ...............................................1 1.1 INTRODUCTION AND PROJECT SCHEDULE ............................................ 1 1.2 PROJECT DEVELOPMENT PLAN ............................................................... 3 1.2.1 Scheduling of Permitting and Construction Activities.......................... 3 1.2.2 Staffing............ .............. ............... .......................... ..... ....................... 4 1.2.3 Project Status Reporting Requirements..............................................4 1.2.4 Contingency Plan for Delays or Early Landfill Closure........................ 5 1.3 FACILITY SITING... ......... .................... ...... ........................ ..... .......... ............. 5 1.4 PERMITTING ............. .......... ...... ........ ...... ........ ....................... ...................... 5 1.5 PUBLIC INVOLVEMENT AND INFORMATION ............................................ 6 1.6 TRANSFER STATION DESiGN.... .... ..... ............. ......... ........... .......... ..... ....... 6 1.6.1 Requirements for Design Phase... .............. ....... ..... ..... ........... ............ 6 1.6.2 Submission, Review, and Approval of Design Documents .................7 1.6.3 Contractor Changes to Facility Design Specifications ........................ 9 1.7 FACILITY CONSTRUCTION AND STARTUP ...............................................9 1.7.1 Commencement of Construction ........................................................9 1.7.2 Subcontractors............................. ......... ................... ..... ..................... 9 1.7.3 Staffing......... ........................... ............. ........................ ............ ..........9 1.7.4 Facility Site Preparation.................................................................... 10 1.7.5 Procurement of Equipment, Components, and Services ..................10 1.7.6 Preliminary Operations Plan ............... .................. ....... ........ ............. 10 1.7.7 , Completion of Construction ..............................................................11 1.7.8 Demolition. ................. ......... ......... ....... ................. ......... ............ ........ 11 1.7.9 Startup Acceptance Testing..... ........... ................. ........ ..................... 12 1.7.10 13Commercial Operations ................................................................ 13 2. TRANSFER STATION PERFORMANCE SPECIFICATIONS ...............................14 2.1 FUNCTIONAL REQU IREMENTS.. ..... ..... ............ .................. ...................... 14 2.1.1 General Waste Receiving and Transfer Requirements..................... 14 2.1.2 Compatibility with City Refuse Collection and Disposal Operations . 15 2.1.3 Management of Yard Waste.... ....... ....... ....... ................ .................... 15 2.1.4 Separate Public Drop-Off Recycling Facility .....................................15 2.1.5 Drop-off for HHW.. ......... .......... ........... ........ .................. .................... 16 2.1.6 Transfer Technology................. ........... ....................... ....... ............... 17 2.1.7 Special Wastes......................... ........... .......................... ............. ...... 17 2.1.8 Public Information Area .................................................................... 17 City of Port Angeles April 5, 2005 TABLE OF CONTENTS (Continued) . 2.1.9 Contractor's Office................................ ............................................ 17 2.2 DESIGN CRITERIA............... ....... ................................................. .............. 17 2.2.1 Operational Areas a nd Site Size..... ......... ............... ........... ........ ....... 17 2.2.2 Design Life and Design Capacity...................................................... 18 2.2.3 Transfer Station Building .................................................................. 19 2.2.4 Waste Transfer Facilities ........ ........... ........................ ........... ............ 20 2.2.5 Waste Compaction...... ...... .................... ................. ........ ..................20 2.2.6 Waste Storage Requirements........ ......................... ..........................21 2.2.7 Scales and Scale House........... ..:... ......................... ........... .............. 21 2.2.8 Site Access and Road Improvements...............................................22 2.2.9 Noise, Odor Control, and Mitigation..................................................23 2.2.10 Dust, Litter, and Vector Control... .......... ............. .......... ....................23 2.2.11 Environmental Control...................................................................... 23 2.2.12 Aesthetic Design and Landscaping...................................................24 2.2.13 Safety Planning and Engineering ..................................................... 24 2.2.14 Utilities ... ........ ............. ............ ............. .................... .............. ......... 24 2.2.15 Security... .................... ........................................................... .......... 25 2.2.16 Taxes ... .................... ......................... ................ ..... ............ ...........25 2.3 FACILITY MANAGEMENT .... ..................... ....... ............... ................ ...........25 . 2.3.1 Data Collection, Billing, and Reporting Requirements ...................... 25 2.3.2 Public Information ........................... .............................. .................... 25 2.3.3 Staffing.... ..... ............. ............................... ............................ ............25 2.3.4 Safety and Emergency Response Training ......................................26 2.4 FACILITY OPERATIONS...... ............... ...... ........... ............ .......... ................ 27 2.4.1 General...... .................. ............ ........ ........................ ...... ...................27 2.4.2 Days and Hours of Operations .........................................................28 2.4.3 Scale Operations........................ ..... ........................................... ...... 28 2.4.4 Final Operations Plan....................................................................... 29 2.4.5 Self-haul and Commercial Vehicles .................................................. 31 2.4.6 Waste Transfer ................................ ............ ....................... .............. 31 2.4.7 Unacceptable Waste........................ ........................ ............ ............. 31 2.5 FACILITY MAINTENANCE......................... ............ ....................... .............. 32 2.5.1 General.................................... ............. ....... ....................... .............. 32 2.5.2 Buildings................ .......... ....... 0 0...00... ..... 0.. 0 0 ..... 0......... ..... 0 0.........00.....32 2.5.3 Scales... 0...................... 0 0.. 0 ................ ........ 0 0 ............ 0...0.. 0 0... ....... 0 0 0 0... 32 2.5.4 Roads and Pavements.... ......... 0.000... .................. 0...... 0..... ..... 0 ...........32 2.5.5 Cleaning and Janitorial Services...... ........... .......... ........... ........ ......... 33 City of Port Angeles ii April 5, 2005 . . . . TABLE OF CONTENTS Continued) 2.5.6 Landscape Maintenance...................... ......... ...... .... .................... ...... 33 2.6 OWNERSHIP OF EQUIPMENT ....................... ...... .......... .............. ....... ...... 33 2.7 MEASUREMENT AND PAyMENT....... ....................................................... 34 LIST OF TABLES 8.1-1. PROJECT DEVELOPMENT SCHEDULE ..........................................................32 8.1-2. PROJECT CONSTRUCTION SCHEDULE ........................................................ 32 City of Port Angeles iii April 5, 2005 ACRONYMS - DESCRIPTION CCEHD MRW MRWF MSW sOSHA PALF SEPA SWAC WISHA Clallam County Environmental Health Department Moderate-Risk Waste Moderate-Risk Waste Facility Municipal Solid Waste Occupational Safety and Health Administration Port Angeles Landfill State Environmental Policy Act Solid Waste Advisory Committee Washington Industrial Safety and Health Act City of Port Angeles iv April 5, 2005 . . . . 1. TRANSFER STATION PROJECT DEVELOPMENT 1.1 INTRODUCTION AND PROJECT SCHEDULE The Contractor shall be responsible for all development activities necessary for completion and Startup of a new solid waste Transfer Station as described in the Performance Specifications, the RFP, and the Service Agreement. In the event of any conflict among the preceding documents, the most burdensome Contractor duty or obligation shall prevail, unless otherwise approved by the City's Authorized Representative. The work conducted during Transfer Station development shall lead to a complete and fully operational Facility that is integrated with other site activities. Project development as described in this section includes the following: . A Project Development Plan, as described in Section 1.2 of the Performance Specifications, completed following the execution of the Service Agreement. . Facility development, design development, construction documents, value engineering (required no later than 50% design development), supervision, management, quality assurance, inspection, and examination, and Startup of the Transfer Station and other supporting infrastructure identified in the Performance Specifications. . . Completion of Acceptance Testing. . Documentation for Facility design, procurement, construction, operations and maintenance. The Contractor shall provide documentation as required by all applicable codes, standards, statutes or regulations, and to support permit applications and environmental impact statements. . Obtaining all required operating and construction permits and licenses. . Facility inspections and re-inspections. . Participation and support of public involvement and information activities during Project development, as necessary. . All costs including bonds, insurance, and other fees (including direct, indirect and incidental) related to the Contractor's work. . Receiving, storing, handling, installing, testing, and Startup of all equipment. . Contingency plan for Transfer Station development delays or early closure of the Port Angeles Landfill (PALF) as described in Section 1.2.4. . City of Port Angeles 8.1-1 April 5, 2005 Tables B.1-1 and 8.1-2 summarize the Transfer Station and MRWF Project . Development and Construction Schedules including Contractor deliverables. The Contractor's Authorized Representative may request modifications to the Project Development and Constmction Schedules. All Contractor requests to modify the schedules shall be in writing to the City's Authorized Representative. Upon consultation with the Contractor's Authorized Representative, the City's Authorized Representative in its reasonable discretion may modify the schedules. Table 8.1-1. Project Development Schedule Deliverables 1. Basis of Design Report1 2. City Approval of Basis of Design Report 3. 50 Percent Design Completion 4. City Review of 50 Percent Design 5. Project Development Plan 6. City Approval of Project Development Plan 7. 95 Percent Design Completion and Construction Permit Application 8. City Review of 95 Percent Design 9. Submit building permit applications 10. 100% Design and Construction Documents (bid package) 11. Building permits received 12. City Approval of 100% Design and Construction Documents Completion Dates April 20, 2005 April 29, 2005 May 6, 2005 May 20,2005 May 27, 2005 June 10,2005 July 26, 2005 August 9, 2005 August 15, 2005 September 8, 2005 September 16, 2005 September 22, 2005 . 1The Basis of Design Report shall be based on the Contractor's conceptual design included in the Technical and Cost Proposal and include identification of all applicable construction codes and design criteria. . CIty of Port Angeles 8.1-2 April 5, 2005 . . . Table 8.1-2. Project Construction Schedule Deliverables Completion Dates October 3, 2005 March 24, 2006 June 7,2006 July 3, 2006 1. Construction Start 2. Preliminary Operations Plan 3. Construction Complete 4. Commence Startup and Acceptance Testing, Provide Final Operations Plan and As-Builts 5. City Approval of Acceptance Testing, Final Operations Plan, and As-Builts 6. Commercial Operations 7. Construction Schedule Contingency (Days) September 29, 2006 October 2, 2006 90 1.2 PROJECT DEVELOPMENT PLAN The Contractor's Authorized Representative shall submit a Project Development Plan for the City's Authorized Representative review and approval including but not limited to the Project Development and Construction Schedule, staffing, status reporting and Contingency Plans through the start of full-scale operations. The Contractor's Authorized Representative may request changes and modifications to the Project Development Plan. The City's Authorized Representative in its reasonable discretion shall approve the Project Development Plan prior to the Contractor initiating design activities. The City's Authorized Representative will approve plans based on their conformance with industry standards, City building requirements, the Service Agreement, and the Performance Specifications. The Contractor's Project Development Plan must include the items identified in this section. 1.2.1 Scheduling of Permitting and Construction Activities The Contractor's Authorized Representative shall submit a detailed schedule for all Project Development and Construction activities through Startup and Acceptance Testing. In accordance with the Project Development and Construction Schedules, the Contractor's detailed Project Construction Schedule shall include, at a minimum, the expected completion date of the key tasks for the design, construction, Startup, and testing phases of the Project, including design reviews and approvals by the City's Authorized Representative. The Contractor shall ensure Startup and Acceptance Testing will commence in accordance with the Project Construction Schedule. City of Port Angeles 8.1-3 April 5, 2005 The Contractor's detailed Project Construction Schedule shall be updated monthly as a part of the monthly progress report as required by Section 1.2.3 of the Performance Specifications. . 1.2.2 Staffing The Contractor shall establish a project management organization for Project development. The Contractor's project manager shall be directly accountable to the City's Authorized Representative for the Contractor's performance and shall be the prime contact for all discussions with the City's Authorized Representative. The Contractor shall establish an effective subcontract and construction management function to ensure subcontracts and equipment orders are made on schedule, delivery of equipment and material orders on schedule, and effective management of all construction activities both on-site and off-site. In addition to the project manager, the Contractor's key personnel shall be identified in the management plan. Replacement of key personnel shall be subject to advance approval by the City's Authorized Representative, whose approval shall not be unreasonably withheld. The Contractor shall make every attempt to retain existing City solid waste employees in accordance with the personnel transition plan provided in the Contractor's Technical and Cost Proposal. . 1.2.3 Project Status Reporting Requirements The Contractor shall provide monthly progress reports to the City's Authorized Representative no later than 30 calendar days after the close of the previous calendar month. This report shall present: . The Contractor's assessment of the Project's progress during the previous month compared to the Contractor's detailed Project Construction Schedule. . Any significant problems that may have arisen during the reporting period, with a discussion of the possible effects of these problems on the Contractor's compliance with the Performance Specifications and plans for correcting the problems. . Any proposed delays to the Contractor's detailed Project Construction Schedule. . Planned activities for the next monthly period. The Contractor's Authorized Representative shall also be available for weekly Project review meetings with the City's Authorized Representative. . City of Port Angeles 8.1-4 April 5, 2005 . . . The Contractor shall provide the City's Authorized Representative and the City's designated representatives full and complete access to the Project site at anytime. 1.2.4 Contingency Plan for Delays or Early Landfill Closure The Contractor's Project Development Plan shall contain a Preliminary Operations Plan including a Contingency Plan, for backup methods that will be used if the Transfer Station and associated long-haul Transportation/Disposal facilities are not operational prior to the Startup and Acceptance Testing date as specified in the Project Construction Schedule. The Project Development Plan shall describe proposed methods for temporary storage, intermodal loading (if applicable), long-haul transfer, and Disposal of waste until the new Transfer Station and long-haul Transportation/Disposal facilities become fully operational. 1.3 FACILITY SITING The Contractor shall construct all new facilities within the area designated in accordance with its Technical and Cost Proposal. The Contractor shall coordinate their construction with other construction or operations that may be occurring at the site in a manner that minimizes impacts to other contractors or operators (e.g., water treatment plant). Within 60 days of the execution of the Agreement, the City's Authorized Representative shall provide the Contractor a site topographic survey of the Transfer Station development area to determine existing conditions. If needed due to City excavation for daily landfill cover, the City shall update the site topographic survey prior to the construction start date specified in the Project Construction Schedule. The City shall be responsible for relocation of the berm to accommodate the Contractor's design for the location of the new scale house. The Contractor is responsible for all design studies, assessments, and engineering calculations required to prepare the site for construction. The City shall provide existing information regarding site conditions, including but not limited to the grading plan for the City future water treatment plant, but provides no determination regarding soil or ground conditions within the designated area. Site operations and other construction may change the conditions of the ground between the date of the pre-proposal conference and the start of construction. The Contractor shall be responsible for recognizing and accommodating any changes that may occur. The Contractor shall receive written authorization from the City's Authorized Representative before designing or developing facilities outside the designated area. 1.4 PERMITTING The Contractor shall be responsible for preparing applications for all federal, state, and local construction permits, licenses and other applicable approvals including up to thirty hours of architecture and engineering services after completing applications. All City of Port Angeles B.1.5 April 5, 2005 construction permit applications shall be submitted to the City's Authorized . Representative for review. The City shall be designated as the permit applicant, and shall be responsible for submitting applications, paying fees and providing all information r,equired by regulatory agencies for review processes and approvals. The Contractor's Authorized Representative shall promptly notify the City's Authorized Representative of any delays in the Project Construction Schedule caused by Contractor delays in preparing applications for construction permits. The Contractor shall assume full responsibility for the identification of any and all required regulatory approvals. The Contractor's Authorized Representative shall submit a list of all anticipated approvals required as part of their Project Development Plan. All mitigation measures, both on-site and off-site, required by the State Environmental Policy Act (SEPA) or other approvals or permits shall be the responsibility of the City, and at the City's expense. The City shall obtain a Solid Waste Handling Facility Permit from the Clallam County Environmental Health Department (CCEHD) before construction begins. Final approval of permit(s) is by CCEHD. A SEPA Environmental Checklist shall be completed by the City. By selecting the Contractor to perform this Service Component, the City does not guarantee that any permit will be secured from the City, County, federal, state or any other local government agencies. . 1.5 PUBLIC INVOLVEMENT AND INFORMATION The Contractor shall support the City, County, and Solid Waste Advisory Committee (SWAC) in their efforts and obligations to inform the community of Project activities. The Contractor's Authorized Representative shall work with the City's Authorized Representative in a timely manner to promptly provide information when requested. 1.6 TRANSFER STATION DESIGN 1.6.1 Requirements for Design Phase The Contractor shall supply all materials and resources to complete the design phase in accordance with all applicable requirements set forth in the Performance Specifications, the RFP, and the Service Agreement. The design shall be consistent with the conceptual design included in the Contractor's Technical and Cost Proposal. The Contractor shall verify to its own satisfaction any information provided by the City concerning the Facility design, and shall obtain any and all other information necessary to design and construct the Transfer Station. The Contractor shall be solely responsible . City of Port Angeles 8.1-6 April 5, 2005 . . . for providing all surface or subsurface information affecting the design. This shall include, butl not be limited to, topographical surveys, soil test borings, geotechnical, hydrological, utility, and other applicable data. The Contractor shall match the contours of the grading plan for the new City water treatment plant in its Technical and Cost Proposal and grading plan for the solid waste processing Facility. The Contractor's grading plan shall minimize the use of retaining walls, and allow for a smooth grade transition and proper drainage for both sites. The Contractor shall have the sole responsibility for design of the Facility such that it conforms to the Performance Specifications and local, state, and federal requirements for developing solid waste processing facilities. The Contractor shall perform all design work in accordance with Applicable Law, established engineering principles and practices, and applicable code requirements. 1.6.2 Submission, Review, and Approval of Design Documents During design of the facilities, the Contractor's Authorized Representative shall make available for the City's Authorized Representative review and approval, all plans, drawings, calculations, construction materials, specifications, schedules, and other documents related to the design and construction of the facilities. These documents shall be provided with the 50 and 95% percent design, and 100% design submittals as provided in Table 8.1-1. The City's Authorized Representative will have final approval authority for the design and construction documents. The design shall be based on the Contractor's conceptual design. The design shall evaluate priorities, assumptions, if spaces or functions can be shared or co-located, if Facility size is adequate, and to optimize use of the site. The Contractor's Authorized Representative shall also provide as-builts in accordance with the Project Construction Schedule. The City's Authorized Representative review of the reference materials will be limited to determining whether the design conforms to the requirements of the Performance Specifications and the Service Agreement. The reviews and any comments made by the City's Authorized Representative on the plans, specifications, drawings, schedules, and the like, shall not relieve the Contractor from its obligations under the Service Agreement, and those representations made in its Technical and Cost Proposal. The Contractor shall not commence construction or operations until the City's Authorized Representative approves the design and construction documents, and the Preliminary Operations Plan. The Contractor's Authorized Representative shall submit for the City's Authorized Representative review and approval, at a minimum, the following design documents: . General Facility site layout (scale not smaller than 1 inch equals 50 feet). . A site plan including a calculation of the excavation/cut, fill/compaction, and haul excess material quantities based on the City provided site topographic survey in accordance with the Technical and Cost Proposal. The site plan shall identify City of Port Angeles 8.1-7 April 5, 2005 where excess materials shall be stored on-site by the Contractor at the time of .' excavation. . Building Plans: floor plans, sections, elevations, interior and exterior details, finish schedules, and specifications. . Electrical and mechanical drawings. . Grading drainage utility drawings. . On-site roadway improvements. . General equipment arrangements and elevation drawings. . Traffic control/traffic flow. . Control system schematic and logic. . Major equipment specifications. . Status of construction permits. . Status of equipment procurement. . Assumptions. . . Materials to be used in construction, including brand name or model number, copies of manufacturer's descriptive literature, or catalog cut-sheets. Within 15 days of receipt of all review documents, the City's Authorized Representative will meet with the Contractor's Authorized Representative to discuss the documents, and identify any required changes. In the event that the City's Authorized Representative design review determines that the Facility design, construction documents, or Preliminary Operations Plan are not consistent with the Technical and Cost Proposal, the Performance Specifications, or the Service Agreement, the City's Authorized Representative, will provide the Contractor's Authorized Representative with a written notice of any required changes. The Contractor's Authorized Representative shall promptly correct any changes required by the City's Authorized Representative. The City's Authorized Representative review and approval of these design materials will not constitute a determination as to the sufficiency or adequacy of the design plans, specifications, or engineering or construction judgments made by the Contractor, nor shall the review act as a waiver of liability or relieve the Contractor of any obligation to design, construct, and operate the Facility in a manner which conforms to the Performance Specifications and the Service Agreement. . City of Port Angeles B.1-8 April 5, 2005 . Nothing in this section shall excuse the Contractor from proceeding with performance of its obligations under the Service Agreement. 1.6.3 Modifications to Facility Design Specifications The Contractor's Authorized Representative or the City's Authorized Representative may propose modifications to the Performance Specifications and the City's Authorized Representative's approved design and construction documents. All modifications shall be made in accordance with the Service Agreement. 1.7 FACILITY CONSTRUCTION AND STARTUP 1.7.1 Commencement of Construction . Construction may commence when the Contractor has obtained the necessary construction permits and the City's Authorized Representative has approved the design and construction documents and the Preliminary Operations Plan. The Contractor shall furnish or procure all services, labor, equipment, and materials necessary to construct and complete the Facility in its entirety, and in full working order in accordance with the design and construction documents, laws, the Performance Specifications and the Service Agreement. The Contractor is required to the extent applicable, to procure Labor and Industries permits LI 700-7 and LI 700-29 and abide by the requirements thereof. Copies of "Statement of Intent to Pay Prevailing Wages" and "Affidavit of Wages Paid" shall be submitted to the City Clerk and Department of Labor and Industries prior to City Acceptance Testing. 1.7.2 Subcontractors Upon execution of any subcontract between the Contractor and a Subcontractor for any substantial work related to the Project, the Contractor's Authorized Representative shall inform the City's Authorized Representative of the name of that Subcontractor and the nature of the work to be performed. The Contractor shall independently verify that all proposed Subcontractors are fully licensed for their intended role in the Project. The Contractor will be responsible for ensuring that all Subcontractors are provided with complete information regarding all aspects of the specifications for their part of the Project. The City's Authorized Representative reserves the right to disapprove any Subcontractor. 1.7.3 Staffing The Contractor is encouraged to employ local Subcontractors during the Facility construction period. The Contractor shall maintain personnel at the Facility with full authority to make all operating decisions related to Facility construction and Startup . City of Port Angeles 8.1-9 April 5, 2005 during normal working hours, and shall have key maintenance and operating personnel . on-call at all other times. 1.7.4 Facility Site Preparation The Contractor shall be responsible for site preparation. All permit applications for site preparation shall be the responsibility of the Contractor. The Contractor may Dispose of unsuitable fill material excavated from the Transfer Station site at the Port Angeles Landfill at no charge. Site preparation by the Contractor includes but is not limited to: . Site grading. · Extending and connecting Utilities, including stormwater, sanitary sewer, potable water, temporary provision of bottled water for potable purposes, electrical, and telecommunications. · Connecting the Co-Composting Facility's leachate collection system to the sanitary sewer. · Security improvements in accordance with the Contractor's Technical and Cost Proposal. . Improvement of on-site roads, including overlay, widening, and drainage controls to accommodate the change in the on-site traffic circulation resulting from the . Transfer Station development. The Contractor shall improve on-site roadways in a manner that provides access to the Transfer Station, scale house, Co- Composting Facility, Moderate-Risk Waste Facility (MRWF), and other site facilities, and maintains existing drainage and stormwater controls. 1.7.5 Procurement of Equipment, Components, and Services The Contractor shall manage the procurement of equipment, components, and services, and expedite the procurement as necessary to assure fulfillment of all delivery schedules for subcontracted or purchased equipment and material in accordance with the Project Construction Schedule. The City will not be responsible for materials delivered to the site, if the Contractor or Subcontractor fails to perform under the terms of the Service Agreement. 1.7.6 Preliminary Operations Plan The Contractor's Authorized Representative shall prepare and submit a Preliminary Operations Plan in accordance with the Project Construction Schedule for the City's Authorized Representative review describing how they will comply with the Performance Specifications. The Preliminary Operations Plan shall describe the sequence of operations and testing to be performed during Startup and Acceptance Testing. The Preliminary Operations Plan will also describe the schedule for Acceptable Waste . CIty of Port Angeles B.1-10 Apnl 5, 2005 . . . deliveries; phasing in of commercial and self-haul waste streams; plans for screening and . handlin9 of Unacceptable Waste; plans for Acceptable HHW and Acceptable Special Waste receipt and handling. The Preliminary Operations Plan will describe procedures for conducting Startup and commercial operations in accordance with the Service Agreement. In accordance with the Personnel Transition Plan requirements of the RFP, the Contractor shall provide a list of all City personnel who will be provided the first right of refusal for employment openings or will be adversely affected under the Service Agreement. The Contractor's Authorized Representative shall incorporate any of the City's Authorized Representative's required changes to the Preliminary Operations Plan and submit a Final Operations Plan in accordance with the Project Construction Schedule. 1.7.7 Completion of Construction . Upon notification by the Contractor's Authorized Representative, the City's Authorized Representative shall inspect the Facility for completion and conformance to the City's Authorized Representative's approved design and construction documents, and any City approved modifications. Prior to Startup, the Contractor's Authorized Representative shall provide the City's Authorized Representative with as-built documentation for all Contractor-constructed features. The as-built site plan shall include a calculation of the actual excavation/cut, fill/compaction, and haul excess material quantities based on the City provided site topographic survey. The City's Authorized Representative will review the as-builts and, as appropriate, notify the Contractor's Authorized Representative that construction is approved. 1.7.8 Demolition The existing administrative office and Z-wall including paved area shall not be demolished. Upon the City's Authorized Representative's written request, the Contractor shall raze the following site features: · The existing scale house and scales and Dispose of said materials at the Port Angeles Landfill at no Disposal Charge to the Contractor. . The existing equipment shed. Demolition shall include complete removal of designated features, capping of all Utilities in accordance with the construction/demolition permit, and restoration of disturbed areas. The Contractor shall be responsible for removing the scales from the existing scale house and for the salvage and/or Disposal of demolition materials. The Contractor shall present demolition and site restoration plans as part of their design submittals. The Contractor shall restore the on-site roadway upon demolition of the scale house in accordance with the Performance Specifications. CIty of Port Angeles 8.1-11 April 5, 2005 1.7.9 Startup Acceptance Testing Startup and Acceptance Testing shall commence when the City's Authorized Representative has determined that Transfer Station construction is complete and all necessary permits, regulatory approvals, and all other Project permit requirements are satisfied, all equipment is installed, all utility installations are complete, personnel have been trained in Startup and commercial operations procedures, the Final Operations Plan is approved, and safety and emergency procedures have been established. Startup shall commence in accordance with the Project Construction Schedule and extend for a period not to exceed 90 days, during which time the Contractor shall conduct Acceptance Testing to demonstrate the Facility meets the requirements of the Performance Specifications and the Service Agreement. The Contractor shall satisfy the City's Authorized Representative that the Transfer Station is fully operable, and capable of processing 100 percent of the waste streams. Startup and Acceptance Testing shall include but is not limited to the following activities: . Adherence to the Startup procedure and schedule as defined in the Final Operations Plan. . Training of all personnel required for commercial operations. . Checking, adjustment, repair, and/or replacement of all mechanical, electrical, and data management equipment and Utilities as necessary to satisfy the Performance Specifications. . Modification of Transfer Station operations to satisfy requirements of the Service Agreement. . Conducting Acceptance Testing necessary to demonstrate adherence to the requirements within the Service Agreement. The Contractor shall record data related to the Acceptance Testing and provide the City's Authorized Representative with a written report documenting tests. . Revision of the Final Operations Plan to reflect changes to equipment and operations made during Startup and Acceptance Testing as approved by the City's Authorized Representative, County, and DOE. During Startup and Acceptance Testing, the City's Authorized Representative will direct an increasingly greater portion of the waste stream to the Transfer Station in order to assess the ability of the Facility and Contractor to screen, accept, handle, and process the designated waste streams. The City's Authorized Representative will have the sole discretion to determine the quantity of waste directed to the Transfer Station and MRWF during Acceptance Testing. At the time the City's Authorized Representative determines the Facility and Contractor meet the requirements of the Performance CIty of Port Angeles April 5, 2005 8.1-12 . . . . . . Specifications and are capable of fully servicing the designated waste streams, the City's Authorized Representative may continue to direct portions of the waste stream to the existing Landfill cell, until such time the City's Authorized Representative determines the Landfill will no longer accept waste. The Contractor shall provide all personnel, services, Utilities, equipment, supplies, and other elements to carry out and complete the Startup and Acceptance Testing. The Facility, excluding the scale house, shall be operated by employees of the Contractor, who are intended to be regularly employed by the Contractor during commercial operations. The City's Authorized Representative and its designated representatives shall have access to the Transfer Station and will observe the Acceptance Testing. 1.7.10 Commercial Operations The City's Authorized Representative will authorize the Contractor to begin commercial operations when the City's Authorized Representative, acting reasonably, determines that the Contractor has successfully completed Acceptance Testing, and the Contractor's Authorized Representative has submitted and the City's Authorized Representative has approved the Final Operations Plan. City of Port Angeles 8.1-13 April 5, 2005 2. TRANSFER STATION PERFORMANCE SPECIFICATIONS . 2.1 FUNCTIONAL REQUIREMENTS 2.1.1 General Waste Receiving and Transfer Requirements The Transfer Station shall be designed to optimize the screening, receiving, and handling of Acceptable Wastes, as defined in the approved Waste Acceptance Policy. The Contractor shall be responsible for weighing, routing, processing, loading, and preparing the waste for transfer to a final Disposal Site. Municipal solid waste generated within the County may be delivered by commercial garbage haulers, municipal garbage haulers, commercial businesses, and private self-haulers. Unless otherwise approved by the City's Authorized Representative, HHW and Recyclable Materials generated by waste reduction programs and programs for curbside collection of recyclables will not be processed through the Transfer Station. The Contractor shall provide: . Computerized weigh system, scales, and scale house Facility capable of weighing all incoming and outgoing loads of waste directed to the Transfer Station. . Management of on-site queuing and traffic for all incoming and outgoing vehicles. . . The Contractor will direct the Customer to the appropriate area based on waste type (Recyclable Materials, Acceptable Special Waste, Acceptable Moderate- Risk Waste, Acceptable Household Hazardous Waste, Yard Waste, Biosolids, White Goods or Mixed MSW). . If the Customer has Mixed MSW, the Contractor shall direct the Customer to the off-loading area, and assist the Customer with off-loading of waste if necessary. . Screening and diversion of recyclables, Acceptable Moderate-Risk Waste, Yard Debris, and Acceptable HHW to designated facilities. . Separate tipping floor areas designated for unloading of commercial collection vehicles and self-haul vehicles. . Processing and loading of Municipal Solid Waste and construction, demolition, and land clearing debris waste into Trailers or containers. . Separate handling and management of Unacceptable Waste and Acceptable Special Waste according to the terms of the Service Agreement and the Performance Specifications. . City of Port Angeles B.1-14 April 5, 2005 . . . . Drop-off recycling facilities as required in the Performance Specifications. , , . All other functions specifically set forth in the Performance Specifications and the Service Agreement. The Contractor's Authorized Representative shall annually provide the City's Authorized Representative the right of first refusal to retain a portion or all of the used motor oil accepted by the Contractor at the Facility. 2.1.2 Compatibility with City Refuse Collection and Disposal Operations The Transfer Station shall be designed and operated to maintain full compatibility with the existing solid waste collection and Disposal operations within the City and the proposed service area. The Transfer Station shall provide on-site storage space for a minimum of 15 Trailers or containers-on-chassis (any combination). The Contractor shall provide and operate all equipment necessary for moving and loading Trailers, such equipment shall be compatible with the transfer Trailers provided under Service Component" of the Performance Specifications. 2.1.3 Management of Yard Waste A separate uncovered paved drop-off area located at the Co-Composting Facility shall be provided for the diversion and accumulation of Yard Waste arriving at the Facility. The drop-off area shall be designed and operated so as to prevent the contamination of this waste by other Acceptable and Unacceptable Wastes. 2.1.4 Separate Public Drop-Off Recycling Facility The Contractor shall provide a separate uncovered paved drop-off recycling Facility within the development area for Customer use during operating hours. This Facility should be located upstream of the scale house but within an observable distance so that recyclable drop-off materials can be monitored and removed from loads prior to weighing. Traffic flows to, from, and within the drop-off recycling area shall be separate from all other traffic patterns and queuing areas at the Transfer Station. At a minimum, the Facility shall meet the following performance standards: . Provide adequate vehicle ingress and egress. . Materials collected will include, at a minimum: ~ Aluminum cans. ~ Tin cans. ~ Green, brown, and clear glass. City of Port Angeles 8.1-15 Apnl 5, 2005 ~ Number 1 and 2 plastics. ~ Newsprint. ~ Cardboard. . . The Facility will be located on the site so that future expansion of the site can be easily accommodated, if required. . Within the drop-off recycling area, site space shall be provided for Customer parking during unloading, container pick-up, equipment maneuvering, and for the drop-off containers. Adequate sorting and storage areas shall be provided either within the drop-off area or on the Transfer Station site property. 2.1.5 Drop-off for HHW The Contractor shall provide a separate uncovered paved area within the development area for Drop-Off of Acceptable HHW materials by residential Customers. The HHW Drop-Off Facility shall be co-located with the Special Waste Drop-Off Facility and meet the following minimum requirements: . A collection area, with contaminant and spill control for Acceptable HHW including auto batteries, used motor oil, and antifreeze. Residents with . Acceptable MRW shall be directed by the Contractor to the MRWF. . If additional types of household Hazardous Waste are approved by the City's Authorized Representative for acceptance the Contractor shall accept such additional HHW. . Provide adequate storage for the following categories of waste: used motor oil, antifreeze, and auto batteries. Containers will typically be 55-gallon drums. Used motor oil may be stored in 350-gallon tanks. The Contractor's Operations Plan will include training for HHW. The Contractor shall be fully responsible for handling, processing, shipping, recycling, and Disposal of all Acceptable HHW collected at the Facility. Hours open for Customer use of the Drop-Off Facility shall be Monday through Saturday from 9:00 A.M to 5:00 P.M. The Contractor shall be fully responsible for payment of all costs associated with handling, processing, shipping, recycling, and Disposal of Acceptable HHW collected at the Drop-Off Facility. . City of Port Angeles B.1-16 April5,2005 . . . 2.1.6 Transfer Technology The Transfe'r Station shall be designed with a tipping floor for waste unloading by Commercial Haulers and self-haulers and waste loading into long-haul Trailers. Surge pits or maceration pits shall not be part of Transfer Station design. The Transfer Station shall be designed to load wastes into top or rear-loading Trailers. The Transfer Station shall be designed to allow operation either with or without rear-compaction equipment. The Contractor shall be responsible for providing compaction equipment in accordance with its Technical and Cost Proposal. 2.1.7 Special Wastes The Contractor shall be fully responsible for handling, processing, and Disposal of all Acceptable Special Waste as specified in the Service Agreement. The Contractor shall provide a separate uncovered paved areas and facilities for receiving, handling, and/or transfering Acceptable Special Wastes. 2.1.8 Public Information Area The Transfer Station shall include an area for posting notices and distributing information provided by the Contractor and the City to Customers of the Transfer Station. The public information area shall be prominently visible to Customers, and shall be readily accessible to all Facility Customers. The public information area shall be covered and protected from the wind. The City will provide information on tipping fees, handling policies for Acceptable Special Waste and Acceptable HHW, descriptions of Acceptable and Unacceptable Waste, summaries of recycling opportunities in the County, and notices regarding other County solid waste and environmental information at the public information area. 2.1.9 Contractor's Office The Contractor will be required to maintain an office at the Transfer Station, which shall be provided with local telephones and personnel necessary to respond to complaints and orders for special services or to receive instructions. This office shall be operated during Transfer Station operating hours or as otherwise directed or approved in writing by the City's Authorized Representative. The address and telephone number of the office shall be given to the City's Authorized Representative in writing. 2.2 DESIGN CRITERIA 2.2.1 Operational Areas and Site Size At a minimum, the Transfer Station shall provide the following operational areas in conformance with the requirements set forth in the Performance Specifications: City of Port Angeles 8.1-17 April 5, 2005 . Scale house with inbound and outbound scales with computerized weigh system. . . Separate on-site queuing areas for commercial garbage vehicles and self-haul vehicles. . A fully enclosed building with separate areas for Commercial Hauler and self- haul tipping. . Unacceptable Waste handling area. . Trailer loading and waste compaction area. . Biosolids shall be directed to the Co-Composting Facility. . Separate Customer access Drop-Off Facilities for recyclables, Acceptable HHW, White Goods, bulk metals, Yard Wastes, and tires. . Trailer storage and staging area. . Employee and visitor parking area. . Employee and staff facilities, including office space, meeting area, lunch room, and restrooms and decontamination area. . Separate Acceptable Special Waste h~ndling area(s). . . Equipment storage and maintenance area. . Administrative and records management office. . Temporary storage capacity to accommodate a minimum of two days of Acceptable Waste (excluding Yard Waste, Biosolids, White Goods, Recyclable Materials, and Acceptable Moderate-Risk Waste) delivered to the Transfer Station on the tipping floor. The Contractor is encouraged to utilize building materials with recycled content where economically feasible such as steel, cement, concrete, asphalt pavement, wallboard, and landscaping materials. 2.2.2 Design Life and Design Capacity The Transfer Station shall have a minimum design life of 30 years and be designed to easily accommodate expansion of the tipping floor at anytime during the Term of the Service Agreement. Site size shall be sufficient to allow for future expansion of floor space and associated expansion needs for traffic circulation, parking, loading of . City of Port Angeles 8.1-18 April 5, 2005 . . . Trailers, and changes in compactive method. The Contractor shall design the Transfer Station using the following ,minimum design criteria: . A minimum of two new inbound scales (one self-haul, one Commercial Hauler). . A minimum of two new outbound scales (one self-haul, one Commercial Hauler). . Annual tickets: 87,000 per year 500 tickets . Peak day tickets: . Peak hour tickets: 80 tickets . Solid waste quantity for Disposal: 60,000 tons per year 190 tons per day . Equivalent daily average: (52 weeks per year, six days per week basis) . Hourly average (actual): 22 tons per hour . Peak day (estimate): 450 tons per day 116 tons per hour . Peak hour (estimate): Daily Disposal ticket information is provided in Appendix'A of the RFP. The Transfer Station design shall provide for: . A minimum of two Commercial Hauler (15 feet wide minimum) and eight self-haul (12 feet wide minimum) vehicle stalls within the Transfer Station. 2.2.3 Transfer Station Building The Transfer Station shall be designed with a tipping floor for waste unloading by Customers and waste loading into long-haul Trailers. Surge pits or maceration pits shall not be part of Transfer Station design. The building shall be of sufficient size to provide two days storage of waste on the tipping floor. The floor shall be constructed of reinforced concrete with sufficient strength to prevent erosion from moving and loading waste. The building may be constructed of concrete or metal. All overhead doors shall be sized to prevent damage from trucks and other vehicles. Overhead doors shall have motorized operators. City of Port Angeles 8.1-19 April 5, 2005 To minimize buildup of dust within the tipping floor area of the building during operating hours, a separate ventilation system shall be provided and properly sized. Additionally, the Contractor shall provide a dust control system at or near the Trailer loading area. All water generated within the Transfer Station shall be routed to the sanitary sewer system. Stormwater generated outside of the building shall be routed to the stormwater system. 2.2.4 Waste Transfer Facilities The waste transfer facilities shall include one tunnel for top-loading trailers and another tunnel for one rear-loading compactor, staging area, and Trailer/container storage area. The loading tunnels and walls shall be reinforced concrete. The size of the tunnels shall be sufficient to move the tractors and Trailers, open truck cab doors, and allow access by workers. Tunnels shall have trench drains to receive water that could potentially have contacted the waste. These drains will discharge into the sanitary sewer. As the tunnels are roofed-over and adjacent pavement slopes away from the tunnels, no stormwater should enter the tunnels. The staging area and storage area shall have paving sections designed to handle the live loads imposed by the moving container units. Pre-load compactors shall have sufficient room for installation and room for workers to operate the controls. The hydraulic control system shall be located so that there is sufficient room and circulation for cooling the unit. 2.2.5 Waste Compaction The Transfer Station shall be capable of loading loose waste in open-top transfer Trailers. Use of moving or fixed crane/top-load compaction or tamping equipment shall be in accordance with the Contractor's Technical and Cost Proposal. The Facility shall be designed to accommodate either moving or fixed tamping devices. Use of fixed rear- load compaction equipment shall be in accordance with the Contractor's Technical and Cost Proposal. Prior to installation, the fixed rear-load compaction equipment shall be refurbished to new specifications including but not limited to hydraulic systems, cylinders, filtering system, cooling system, and platen wear surfaces. The City's Authorized Representative shall approve all fixed crane/top-load compaction or tamping equipment in writing in advance of the Contractor's purchase. The maximum Trailer weight shall not exceed standards set forth in local, state, and federal laws. The Contractor shall be responsible for maintaining the fixed crane/top-load compaction or tamping equipment in good working order and condition. The Contractor shall plan, schedule, and conduct preventative maintenance to minimize equipment downtime. Replacements of any item, component, device, or system shall be of the same type or City of Port Angeles 8.1-20 April 5, 2005 . . . . equivalent quality as installed using original Transfer Station construction and equipment. 2.2.6 Waste Storage Requirements The Transfer Station shall provide a minimum of two days of covered storage capacity on the tipping floor for incoming waste in the event of an interruption in the Transportation or Disposal operations, or interruption of transfer or compaction operations, if any. 2.2.7 Scales and Scale House The Transfer Station Facility shall provide separate incoming and outgoing scales with an accompanying scale house, new scales shall be a minimum of aD-foot length. The scales must be capable of weighing all vehicle types utilizing the Transfer Station, including transfer Trailers. The scale system shall be designed to achieve and maintain maximum cycle times to satisfy peak hour tickets defined in Section 2.2.2. Scale facilities shall be designed, maintained and operated so as to be legal for trade, and usable for determining Disposal Charges. Scales used for weighing waste shall be designed and maintained in accordance with the requirements set forth in "Specifications, Tolerances, and Other Technical Requirements for Weighing and Measuring Devices," U.S. Department of Commerce, National Bureau of Standards, Handbook 44. . Provisions shall be made for staff and other vehicles to pass by both inbound and outbound scales without passing over the scales. However, there will be no exception for any vehicle hauling waste to bypass the scales. The scale house shall be a minimum of 200 square feet in interior area and shall include an area for scale control operations, a safe for placing and securing receipts, and a convenience room for City staff that includes a restroom, a kitchen sink, a refrigerator, and cabinet storage for supplies and personal items. The scale house shall be constructed with an HV AC system for environmental control of temperature and air flow. The interior layout shall include an office space and a storage room. The storage room shall be provided with a door with a cylindrical lock, keyed differently than exterior door locks. The Contractor shall provide two separate sets of keys for interior and exterior doors. All window glazing shall be heat absorbing or include a reflective film. As part of the Contractor's design, the Contractor shall be required to provide a fully functional scale house that integrates a software system for the scale house (e.g., WasteWorks or an equivalent approved by the City's Authorized Representative), scale hardware and software, card reader hardware and software, and barcode hardware and software, all of which comprise the card reader system. The Contractor shall also identify any additional hardware, software and cost to integrate the City's software system with the City's enterprise software system (Le., HTE) for on-line cash and accounts receivable. . City of Port Angeles 8.1-21 April 5, 2005 The new scale house shall be provided with hardware and software needed to interface vehicle scale information into the City's software system including any required hardware and software upgrades to the City's software system. The Contractor shall provide conduit and work areas for City and/or Contractor provided hardware, software, and telecommunications devices. . Conduits shall be provided to accommodate communications and electrical systems including scale house traffic lights and a card reader system for the outer inbound and outbound scales for Commercial Haulers. The card reader system for the outer inbound and outbound scales shall be fully operational and interfaced with the vehicle scale information and City software system and not require the intervention of a scale house operator to originate or issue a ticket under Normal Operating Conditions. The card reader system shall include devices required to program and read cards, 300 programmable cards, and any required hardware and software upgrades to the City's system shall be provided by the Contractor for the outer inbound and outbound scales for Commercial Haulers. The outer outbound scale shall be provided with a ticket printer. The card reader system technology may utilize a proximity card or radio frequency tag. Conduits shall be provided to accommodate communications and electrical systems including scale house traffic lights and a bar code system for the inner inbound and outbound scales for self haulers. The bar code system for the inner inbound and outbound scales shall be fully operational and interfaced with the vehicle scale information and City software system and require minimal intervention of a scale house . operator to originate or issue a ticket under Normal Operating Conditions. A bar code system including devices required to program and read cards, 100 programmable cards, and any required hardware and software upgrades to the City's system shall be provided by the Contractor for the inner inbound and outbound scales for self haulers. An intercommunications system shall be provided by the Contractor between the scale house and both inner and outer inbound and outbound scales. After Acceptance Testing, the City shall be responsible for ongoing card reader system hardware and software maintenance and upgrades. In addition to inbound and outbound scales, the Transfer Station Trailer bays shall have axle scales for the monitoring and adjustment of Trailer loads. 2.2.8 Site Access and Road Improvements Site access shall be through the existing Landfill gate. Traffic flow and queuing shall occur along the Landfill's existing west haul road. On-site roads shall be designed and constructed by the Contractor to provide two-way traffic and queuing areas for the Transfer Station, Co-Composting Facility and MRWF. The Contractor shall maintain on- site roads for the Term of the Service Agreement in accordance with their Technical and Cost Proposal. All road improvements shall conform to the most current edition of the . City of Port Angeles 8.1-22 April 5, 2005 . . . City of Port Angeles Urban Services Standards and Guidelines. On-site roads shall meet the City of Port Angeles Urban Development Standards. The Transfer Station shall' be designed to eliminate or minimize on-site cross traffic. The Contractor shall be responsible for controlling movement of traffic on-site and off-site, if necessary, including the provision of staff to direct traffic. Disabled vehicles shall be removed from operational areas by the Contractor when necessary. Transfer station on-site roads shall be designed to accommodate maximum expected vehicle queues on site. Vehicle queues shall not extend off-site. 2.2.9 Noise, Odor Control, and Mitigation Noise, odor control, and mitigation of off-site impacts shall be achieved in compliance with applicable City, County, and state regulations. After hour operations must comply with local noise ordinances. 2.2.10 Dust, Litter, and Vector Control The presence of dust, litter, and vectors on the site shall be minimized through Facility design. There shall be no off-site dust, litter, or vector impacts. Waste storage, tipping, compaction, and Trailer loading areas shall be enclosed within the Facility. The Contractor shall include dust, litter, and vector controls in the design documents and the Operations Plan. Dust control areas must include, at a minimum, vehicle queuing and tipping, Facility acc~ss roads, and waste loading areas. The Contractor shall allow ongoing wildlife hazard mitigation by the USDA, the Port of Port Angeles, and the City. This shall include providing access to USDA representatives. 2.2.11 Environmental Control The Transfer Station design shall incorporate all environmental control systems necessary to satisfy all applicable federal, state, and local environmental laws and regulations. It shall include an HVAC system for office spaces and a separate ventilation system for the tipping area. The Transfer Station shall be designed to minimize the entry of precipitation and stormwater into covered waste tipping, storage, and compaction areas. Surface water generated within the Transfer Station building shall be considered contact water and require off-site treatment via the sanitary sewer systems. The Contractor, in accordance with the August 2001 Department of Ecology Stormwater Management Manual for Western Washington, shall provide for stormwater collection, SWPP, spill prevention controls for chemical contamination, and connections to the proposed stormwater facilities located at the northeast and northwest corners of the site. The Contractor shall demonstrate that discharges from their facilities are not chemically contaminated. The City will provide downstream stormwater quantity and City of Port Angeles 8.1-23 April 5, 2005 sediment quality treatment. Stormwater shall be collected from all impervious surfaces . on the Facility site. The Contractor shall provide all activity specific stormwater controls. All stormwater contacting tipping areas, Trailer storage areas, and waste loading and compacting areas shall be collected and treated as contaminated runoff and disposed through the sanitary sewer system. One or more oil/water separators, as necessary to process all contaminated runoff, shall be provided and maintained by the Contractor regularly. The Contractor shall design and construct activity specific stormwater facilities to integrate with existing site stormwater facilities and permit requirements. The Contractor shall prepare and submit with their design plans a Spill Prevention Plan and a Pollution Control Plan that conforms to Washington State Department of Ecology requirements. 2.2.12 Aesthetic Design and Landscaping Exterior building materials, exterior Facility color, and signage shall be identified in the Contractor's Technical and Cost Proposal, and finalized prior to City approval of 100% design and construction documents. The Transfer Station design shall include adequate exterior lighting and landscaping for the purposes of creating an aesthetically pleasing site layout and mitigating site noise, glare, and litter impacts. The Contractor shall provide foundation plantings for an aesthetically pleasing appearance, consisting of trees, grasses, and shrubs. 2.2.13 Safety Planning and Engineering . The Transfer Station shall be constructed in a fire resistant manner and provided with a fire control system. All equipment, replacement equipment, and equipment maintenance shall be the responsibility of the Contractor. The equipment shall be tested and installed in accordance with manufacturer's guidelines and all applicable federal, state, and local requirements. The Contractor shall provide 24-hour monitored alarm service for the installed fire control system. The Contractor shall abide by all local, state, and federal safety engineering requirements. The Contractor shall provide for provision of first-aid stations, emergency medical response for injured staff and Customers, and chemical exposure treatment procedures. 2.2.14 Utilities Electrical power, water, stormwater, sanitary sewer, fiber optics, and telephone Utilities are available at the Landfill site. The Contractor shall confirm the location of all utility connection points and notify the City's Authorized Representative of any changes. The Contractor shall provide all utility requirements for the Transfer Station, including any improvements, upgrades, and/or enhancements to existing utility connections. The Contractor shall also provide two spare 2-inch conduits for the City to install City provided telecommunications, fiber optic, and/or computer network cabling from the . City of Port Angeles 8.1-24 ' April 5, 2005 . . . Transfer Station to the MRWF, recycling Drop-Off Facility, the scale house and the Co- Composting Facility. The Contractor shall be responsible for all recurring monthly utility charges except for services provided by the City using the spare conduit and recurring monthly utility charges for the scale house. 2.2.15 Security The Contractor shall provide measures to ensure site security and eliminate unauthorized site access. The Contractor shall repair all damage to the Transfer Station or its equipment resulting from failure to provide adequate security measures. Sufficient exterior lighting shall be provided to deter unauthorized nighttime access and assist with night inspections of the Facility. 2.2.16 Taxes The City shall be responsible for payment of Washington State excise tax, and City utility tax. The Contractor shall be responsible for payment of all other taxes and fees in accordance with the Service Agreement. 2.3 FACILITY MANAGEMENT 2.3.1 Data Collection, Billing, and Reporting Requirements Transfer station scales shall interface with the City's Wasteworks Software System. The City shall be responsible for scale house records and ticket data collection, data management, Customer billing and reporting. The City shall provide the computer system and software. 2.3.2 Public Information The City will be responsible for all public information documents and/or media releases. The Contractor shall display notices and distribute public information materials to Transfer Station Customers at the public information area provided for this purpose. Any information concerning the site or its operations that the Contractor wishes to make available to Customers shall be pre-approved by the City's Authorized Representative. 2.3.3 Staffing The Contractor shall provide sufficient on-site personnel to ensure efficient management, operation, and maintenance of the Transfer Station during Delivery Hours. In order to accommodate staff leaves for sickness and vacation, the Contractor shall ensure that additional personnel are available to provide continuous operation and maintenance of the Transfer Station. The Contractor's Operations Plan shall identify the number and type of employee to meet operating requirements. Specifically the Contractor shall provide: City of Port Angeles B.1-25 April 5, 2005 · One Transfer Station Supervisor who shall be responsible for all daily operations and communications with the City's Authorized Representative. . · Equip~ent operators in sufficient number to provide efficient loading (and compaction, if applicable), on-site movement of loaded and unloaded transfer Trailers, and all other management, supervisory, operating or maintenance work requiring the use of equipment to fulfill Transfer Station functional requirements and compliance with the Service Agreement. · Laborers in sufficient number to assist in the control of traffic, unloading of refuse, control of litter, maintenance of the site, and screening of wastes received. The Contractor's Operations Plan shall anticipate and respond to waste quantity fluctuations, providing sufficient number of personnel to operate the Transfer Station in full compliance with the Performance Specifications. 2.3.4 Safety and Emergency Response Training The Contractor shall implement an employee safety orientation and training program that shall begin at the time of Transfer Station Startup and shall continue throughout the Term of the Service Agreement. The Transfer Station Supervisor shall be designated as Transfer Station Safety Coordinator, or shall designate that duty to another member of the staff. As a minimum, the coordinator shall be responsible for the implementation . of the following program requirements: · Orientation for new employees, including safety training and emergency contingency planning. . Accident reporting procedures including notification to the City's Authorized Representative and other appropriate agencies. . Mandatory first aid training for all Transfer Station staff. . Regularly scheduled safety meetings. . Fire prevention training. · Waste screening training, including recognition of Unacceptable Waste before and after unloading, and identification and tracing of Unacceptable Wastes to the responsible party. . Training concerning procedures for effective cleanup, management, and Disposal of Unacceptable Waste once detected in collection vehicles, tipping area, or transfer Trailers. . City of Port Angeles 8.1-26 April 5, 2005 . . . . Routine inspection and testing procedures for all safety and emergency equip01ent and protective devices, and routine walk-through inspection of the Transfer Station to identify and correct potential or actual unsafe conditions. . Investigation and documentation of all accidents to ascertain the cause and future methods of preventing recurrence. . Observation of all applicable Occupational Safety and Health Administration (OSHA) and Washington Industrial Safety and Health Act (WISHA) standards. Posting of safety bulletins and posters required by regulatory agencies and other materials concerning accident prevention and hazardous conditions. The preceding list of minimum safety program requirements is not provided as, and shall not be regarded as, a complete or sufficient list of safety program measures or procedures. The inclusion of the preceding list shall not be deemed to relieve the Contractor of its full responsibility for providing a safe operation and workplace, or to impose any liability whatsoever on the City for the Contractor's operations, actions, or omissions. 2.4 FACILITY OPERA liONS 2.4.1 General The Contractor has the sole responsibility for operation of the Transfer Station with the exception of the scale house. The services performed by the Contractor shall be performed in accordance with all state, federal, and local regulations. Inspections, reviews and approvals by the City's Authorized Representative as provided in the Performance Specifications or the Service Agreement shall not diminish the Contractor's rights and responsibilities or create any City liability for the Contractor's operation thereof. The Contractor shall provide efficient service to Customers at all times, providing employees for all assignments who are dependable, trustworthy, neat and clean in appearance, and courteous to the Customers. Fire-arms shall be prohibited. At closure time each day, the Contractor shall continue operations until all waste is removed from the receiving areas. Odor abatement shall be conducted through a comprehensive program of cleaning equipment, tipping areas, and platforms. Litter shall be minimized and controlled on-site on a daily basis, and litter from on-site activities shall not be allowed off-site. On-site traffic noise shall be reduced through enforcement of on-site speed limits. The tipping floor and Trailer loading area shall be washed or swept clean at the end of each day. The Contractor shall be responsible for all operation and maintenance costs associated with the Transfer Station Equipment and compaction equipment. The Contractor shall CIty of Port Angeles 8.1-27 Apnl 5, 2005 be responsible for all damage to the Transfer Station and its equipment, and shall repair or replace such damage. . 2.4.2 Days and Hours. of Operations The Transfer Station shall at a minimum be open for deliveries by Customers as follows: Monday through Saturday 9:00 A.M. to 5:00 P.M. The Transfer Station shall accept Commercial Haulers between 6:00 A.M. and 5:00 P.M. each day it is open. The Transfer Station shall be closed to Customers on all legal holidays. The Transfer Station shall accept City and County residential collection trucks on all legal holidays except: . New Years Day. . Thanksgiving Day. . Christmas Day. The City's Authorized Representative and Contractor's Authorized Representative may modify operating hours and days in accordance with the Service Agreement. 2.4.3 Scale Operations During Delivery Hours, the City will weigh all vehicles delivering waste upon entering and leaving the Facility, to determine the net weight of each type of waste delivered. Waste export Trailers shall also be weighed. Subject to audit by the City, the tare (Le., empty) weight of individual Commercial Haulers and tractor-Trailers may be established and recorded so that the vehicles may not be required to be weighed each time after unloading. The City may randomly verify the tare weights for each vehicle or Trailer any time. . After weighing, the City shall prepare a weight ticket that indicates the Customer, vehicle or Trailer identification, waste type, date, time, inbound gross weight, outbound gross weight or listed tare weight as applicable, net weight, and Disposal Charge. Weight tickets for Trailers shall include the Trailer identification number. If the scale is inoperable at any time, the City shall make alternative arrangements to weigh all inbound and outbound traffic. The City reserves the right to establish any other reliable means of measuring waste quantities in the event that a scale is inoperable or determined to not meet calibration standards. The Contractor shall provide for annual scale calibration at the Contractor's expense. The Contractor's Authorized Representative may request modifications to the scale operations for non-Delivery Hours. . City of Port Angeles 8.1-28 April 5, 2005 . . . 2.4.4 Final Operations Plan The Final Operations Plan will be submitted to the City's Authorized Representative for approval concurrent with commencement of Startup and Acceptance Testing. The Contractor's Authorized Representative shall address all of the City's Authorized Representative's comments on the Preliminary Operations Plan in the Final Operations Plan and shall provide revised plans for Transfer Station Facility management, operating and maintenance issues identified during Startup and Acceptance Testing. The Final Operations Plan shall provide a list of all City personnel who are hired by the Contractor. The Final Operations Plan shall also contain a Contingency Plan in the event the Transfer Station construction is delayed. The Transfer Station construction and Acceptance Testing requires basic infrastructure such as roads and Utilities to be available and in place. Some measures to be considered could be lease of portable power generation, installation of temporary surfacing pending completion of paving, or use of temporary holding tanks to obtain potable water or hold wastewater. At a minimum, the Final Operations Plan shall establish procedures for the following: . Staffing and hours of operation. . Waste receiving, screening, and acceptance. . Unacceptable waste identification and management. . Safety and emergency training. . Loading and compaction operations. . Coordination with waste long haul and Disposal operations. . Operation of Customer Drop-Off Facilities for recyclables, Acceptable HHW, White Goods, and tires. . Handling of used motor oil, antifreeze, and auto batteries. . Handling of Yard Waste and Acceptable Special Waste. . Site security. . Building annual maintenance. . Traffic control. . Noise mitigation. . Dust, litter, odor, and vector control. City of Port Angeles B.1-29 April 5, 2005 . Environmental control. . . Public information management. The Contractor shall include a comprehensive set of contingency operating procedures in their Final Operations Plan that will take effect in the event of interruption of normal operations at the Transfer Station, including but not limited to: . Fires and explosions. . Release of toxic or hazardous substances. . Work stoppage by the Contractor's employees. . Emergency weather conditions. . Building or equipment failure. . Unknown delivery of Unacceptable Wastes. . Handling wastes from catastrophic events. · Arrangements and agreements (if required) with local emergency response agencies describing the services to be rendered by each agency in the event of an emergency. . . A site diagram and description of the location and intended use of all emergency equipment. . Names, telephone numbers, and addresses of all Persons designated as emergency coordinators by the Contractor. An emergency coordinator shall be at the Transfer Station, or on-call by telephone or radio within thirty minutes of an emergency. Emergency coordinators shall be familiar with the Operations Plan. The Contractor shall conduct emergency response drills at least twice per year. The City's Authorized Representative shall prepare a response that confirms whether or not the Final Operations Plan was completed in conformance with requirements of the Service Agreement. The response will specify if the Contractor must satisfy any outstanding requirements prior to commercial operations. The City's Authorized Representative's approval of the Final Operations Plan and authorization to commence commercial operations shall not be deemed as the City's approval, or acquiescence to any conditions or Contractor activities that do not conform to Applicable Law, the Performance Specifications, or the Service Agreement, nor shall that review and authorization impose any liability on the City for Contractor errors, omissions, or actions. The City's Authorized Representative's approval of the Final . City of Port Angeles B.1-30 April 5, 2005 . . . Operations Plan shall in no way relieve the Contractor from adherence to the Performance Specifications and the Service Agreement. The City's Authorized Representative will forward the Final Operations Plan to CCEHD for review and approval. CCEHD approval of the Final Operations Plan is required before the Contractor may commence commercial operations. 2.4.5 Self-haul and Commercial Vehicles The Transfer Station shall receive both self-haul and Commercial Hauler waste collection vehicles simultaneously and separately. The Contractor shall be responsible for directing commercial and self-haul vehicles to their designated queuing and tipping areas. During heavy traffic flow, the Contractor may direct vehicles to areas other than those normally designated, consistent with the Final Operations Plan. 2.4.6 Waste Transfer The Contractor shall be responsible for the full cycle of transfer operations, including moving empty Trailers from the staging area to the compactor, loading containers using a compactor and/or top-loading trailers as applicable, with load cells for containers and axle scales for trailers, preparation of all required documentation, and returning the sealed and loaded transfer Trailer to the Trailer staging area. All Trailers will be delivered to and removed from the staging area by the Contractor. The Contractor shall load Trailers as required in Section 2.2.5 and shall exercise reasonable care to avoid unusual wear or damage to the Trailers during loading. The Contractor shall verify that loaded tractor-Trailer combinations conform to legal gross vehicle weight and axle loading requirements prior to leaving the Transfer Station with a loaded Trailer and shall unload and reload Trailers as necessary to achieve compliance with applicable weight limits. The Contractor shall assure that tractor-Trailer combinations do not exceed legal gross vehicle weight or axle loading requirements. Any additional costs such as overweight fines that might result from tractor-Trailer combinations leaving the Transfer Station while exceeding gross vehicle weight or axle loading requirements shall be the responsibility of the Contractor. 2.4.7 Unacceptable Waste The Contractor shall screen wastes delivered to the Transfer Station in a manner sufficient to make a reasonable determination whether or not Unacceptable Wastes are present in accordance with the Waste Acceptance Policy and procedure developed as part of the Final Operations Plan. The Contractor's waste screening procedures shall be specified in a waste acceptance plan/policy accepted by the CCEHD. City of Port Angeles B.1-31 April 5, 2005 2.5 FACILITY MAINTENANCE . 2.5.1 General . , The Contractor shall be responsible for maintaining the Transfer Station in good working order and condition. The Contractor shall maintain and repair all equipment and facilities, including, but not limited to, plumbing, mechanical, structural, and electrical systems and components, all landscaping, signage, drainage systems, and related components. The Contractor shall plan, schedule, and conduct preventative maintenance to minimize equipment downtime. All signs will comply with City and local ordinances, and will be maintained in good condition at all times. Replacements of any item, component, device, or system shall be of the same type or equivalent quality as installed using original Transfer Station construction and equipment. The City's Authorized Representative may make unannounced visits to ensure compliance with Facility maintenance requirements. 2.5.2 Buildings Buildings shall be maintained in good condition at all times. Interior and exterior surfaces shall be repainted by the Contractor, as needed, as reasonably determined by the City's Authorized Representative. The Contractor shall inspect, lubricate, adjust, repair, maintain, and replace all building systems, including but not limited to plumbing, sumps, fixtures, heating, ventilation, and air condition systems, fire and dust suppression systems and communications equipment. Any item, component, or device necessary for efficient Transfer Station operations that is lost, damaged, destroyed, or that fails during the Term of the Service Agreement shall be replaced by the Contractor. Replacements of any item, component, device, or system shall be of the same type or equivalent quality as installed using original Transfer Station construction. . 2.5.3 Scales At the City's Authorized Representative's request and in accordance with the manufacturer's requirements, the Contractor shall perform maintenance, and repair weighing system scales. Scales used for weighing waste shaJl be maintained in accordance with the requirements set forth in "Specification, Tolerances, and Other Technical Requirements for Weighing and Measuring Devices," U.S. Department of Commerce, National Bureau of Standards, Handbook 44. 2.5.4 Roads and Pavements The Contractor shall repair and patch roads and pavements improved under the Service Agreement as necessary to maintain roads and pavements in good condition. . City of Port Angeles B.1-32 April 5, 2005 . . . The Contractor shall daily remove any and all obstructions from all Transfer Station roads, Trans,fer Station on-site paved areas, and site entrance areas. These areas shall be kept clean by high pressure washing with water, power brooms, or other street cleaning equipment. The Contractor shall also paint and maintain traffic direction lines on the roadways on the Transfer Station site as necessary to guide traffic clearly to scale locations and recycling drop-off areas. Different colors shall be used to designate roadways leading to Customer areas and roadways leading to commercial areas. 2.5.5 Cleaning and Janitorial Services The Contractor shall steam clean the interior and exterior of the main building at least annually from the commencement of commercial operations. Cleaning of all surfaces that accumulate dust within the Transfer Station shall be performed regularly. Vehicle maneuvering areas outside of the Transfer Station shall be swept as needed and staging areas within the Transfer Station shall be swept daily, at a minimum, and pressure washed at least monthly, or more often as needed. Detergents and degreasers will be used to clean the floor when necessary. Volatile materials shall be properly stored in covered metal containers. Liquid wastes from cleaning activities shall be removed daily and disposed of by deposit into Trailers or into sanitary sewers. The Contractor shall supply all equipment, supplies, and labor for cleaning, housekeeping, and liquid waste Disposal. Janitorial services shall be regularly provided by the Contractor to maintain all offices, restrooms, employee break rooms, and other indoor facilities. Janitorial services shall include, as appropriate, vacuuming, dusting, sweeping, mopping, cleaning, buffing floors, stripping and waxing floors, emptying the trash, cleaning windows, cleaning bathroom sinks, toilets, and counters, replacing toilet tissue and paper towels, replacement and cleaning of doormats. 2.5.6 Landscape Maintenance The general appearance of landscaped areas shall be kept neat and well maintained. Regular landscaping maintenance activities shall include planting, weed control, mulching, mowing, irrigating, mechanical weed control, turf and lawn maintenance, pruning, tree staking, and clearance of drainage ways. Landscape maintenance shall be provided for all landscaped areas and other areas accessible to the Transfer Station. 2.6 OWNERSHIP OF EQUIPMENT All vehicles, equipment, and materials (excluding Appurtenances) proposed by the Contractor for use in performance of the Service Agreement shall be owned by the Contractor, provided that leases or other forms of agreement may be allowed by written approval by the City's Authorized Representative prior to execution of the Service Agreement. Any leases or agreements entered into subsequent to the Service Agreement shall be subject to approval by the City's Authorized Representative prior to City of Port Angeles 8.1-33 Apnl 5, 2005 the Commencement Date under this component. All such leases or agreements shall . be provided in the event the Contractor fails to perform, or the default of such lease or agreement. Conditional sales contracts, mortgages, or other agreements for financing the purchase of vehicles and equipment may be allowed if the City's Authorized Representative is satisfied prior to executing the Service Agreement, as to the City's rights to take possession of the vehicles and equipment, in event of the Contractor fails to perform the Service Agreement or defaults under such lease or agreement under Service Component I. 2.7 MEASUREMENT AND PAYMENT The Contractor's monthly Service Fee will provide for payment to the Contractor for Transfer Station development and operation services rendered in accordance with the Service Agreement. Tractor-Trailer combinations used by the Contractor to Transport waste under Service Component II shall be weighed by the City at the Transfer Station after loading in accordance with Section 2.4.3 of Performance Specification B.1. The difference between the gross and tare weights will be the net weight of waste in the Trailer. After verifying the information on the ticket, the Contractor shall sign the weight ticket, and will receive a copy of the ticket. The net weight shown on the weight ticket will serve as the basis of payment for services provided by the Contractor to operate the Transfer Station . under Service Component I in accordance with the Service Agreement. . City of Port Angeles B. 1-34 April 5, 2005 . . . Waste Transport And Disposal Performance Specifications Appendix B.2 Apnl 5, 2005 TABLE OF CONTENTS . 3. WASTE TRAN SPORT .......... ............. ........... ................. ............. .............. ..... .......... 1 3.1 INTRODUCTION ......... ....... .................. ....... ........ ................ ........... ..... .......... 1 3.2 TRAILER REQUI REMENTS . ................ ...... ..... ................... ........... ............... 1 3.2.1 Rear-load Trailers... .................... ........... ................... ........... ............... 2 3.3 MAINTENANCE AND REPAIRS ............ .......................... ............ .................2 3.4 PROVISION AND STORAGE REQUIREMENTS.......................................... 2 3.5 UTILITI ES................ ................. .......... ............. ........... .... ................. ..............3 3.6 OWNERSHIP OF EQUIPMENT ........ ..................... ......................... .............. 3 3. 7 TAXES........ ........ ........ ....... ................... .......................... ................ ...... ......... 3 3.8 PERMITTING............. .......... ................ ....... ............... ............... ...... ...... ........3 3.9 OPERATIONS PLAN ............... .................. ...................... ......... ...... .............. 4 4. TRACTOR-TRAILER COMBINATIONS .........................................................~........ 5 5. WASTE DIS POSAL .... ...... .............................. ... ........ ...................... ............... .........7 5.1 DISPOSAL SITE. .................................. .............................. .................. ........ 7 5.2 DISPOSAL DOCUMENTATION .................................................................... 7 . 5.3 MEASUREMENT AND PAyMENT................................................................ 7 . City of Port Angeles April 5, 2005 . . . ACRONYMS DESCRIPTION City CSWMP MSW USDOT WAC City of Port Angeles Comprehensive Solid Waste Management Plan Municipal Solid Waste United States Department of Transportation Washington Administrative Code City Df Port Angeles April 5, 2005 ii /' 3. WASTE TRANSPORT . 3.1 INTRpOUCTION The Contractor shall be responsible for all activities necessary for waste Transport and Disposal as described in the Performance Specifications, the RFP, and the Service Agreement. In the event of any conflict among the preceding documents, the most burdensome Contractor duty or obligation shall prevail, unless otherwise approved by the City's Authorized Representative. The Contractor shall supply all resources to provide Service Component II in accordance with all applicable requirements set forth in the Performance Specifications, the RFP, and the Service Agreement. Service Component II includes waste Transport to and Disposal at an out-of-county Landfill that is, or will be, permitted and in compliance with standards equal to or exceeding those of Washington Administrative Code (WAC) 173-351 and Federal Subtitle D Regulations, for Municipal Solid Waste (MSW). Included with this Service Component is Transport from the Transfer Station to a Disposal Site including the use and associated cost of an intermodal Facility, if applicable. 3.2 TRAILER REQUIREMENTS It is the intent of the Performance Specifications to ensure that the Contractor's equipment is suitable for long distance waste Transport. Trailers shall be rigid and durable, corrosion resistant, nonabsorbent, easily cleaned, and suitable for handling . with no sharp edges or other hazardous conditions. Trailers shall be capable of withstanding the hard use typically associated with handling solid waste. The Contractor shall provide Trailers in accordance with their Technical and Cost Proposal. Trailers shall be designed, engineered, and rated to perform satisfactorily and safely at all times in full compliance with all applicable local, state, and federal requirements. Trailers shall be leak resistant to a height of 18 inches from the Trailer floor. Trailer doors shall be fitted with a heavy-duty rubber seal similar to seals commonly used in the solid waste hauling industry. Each Trailer shall be identified by a permanently affixed number that cannot be hand removed. The identification number shall be a minimum of six inches in height and shall be easily legible at a distance of 50 feet. No Trailer identification number shall be duplicated. Trailers shall be designed with vents that allow dissipation of heat and expanding gases that may be generated during storage or Transport to the Disposal Site. Vents shall be located to prevent vent blockage and screened to prevent the release of waste during Transport. Trailers shall be of either a top-load or rear-load design, and shall be compatible with in-Trailer compaction of waste with a knuckle-boom crane or other . City of Port Angeles B.2-1 April 5, 2005 . . . compaction or tamping device, such as a hydraulic ram compactor in accordance with the Contractor's Technical and Cost Proposal. . Trailers shall be designed and maintained so that leakage or spillage of either wastes or liquids from the Trailer while in transit or storage does not occur, and that waste does not blowout of the Trailer during Transport. Open top Trailers shall have a top cover that minimizes entry of water, and that is easily removed or opened for loading, and closed for Transport. Removal and replacement of covers shall be accomplished routinely by one Person in five minutes or less. 3.2.1 Rear-load Trailers Rear-load Trailer design should be suitable for loading with a preload compactor substantially equivalent to compactors made by Harris Waste Management Group (Models TP-150, 250 and 500) and Shredding Systems (Models 4000 and 4500). 3.3 MAINTENANCE AND REPAIRS The Contractor shall maintain Trailers in accordance with the manufacturer's recommended maintenance schedule. Trailers shall be maintained in a safe working condition at all times. The Contractor shall inspect Trailers at least monthly for corrosion, leaks, loose-fitling doors, holes or other damage to the top-closing mechanism, seals, sidings, frames or other damage incurred during loading, Transport and Disposal of waste. Damaged Trailers shall be promptly repaired as necessary. Each time a Trailer is emptied, all waste shall be removed from the Trailer, and the Contractor shall clean the Trailer as necessary to comply with the requirements of the jurisdictional health department(s) and to mitigate odors, unsightliness, or vectors. If a Trailer is damaged, the Contractor shall repair or replace the Trailer at its own expense. The Contractor, at its own expense, shall repair or replace Trailers as necessary because of Normal Wear And Tear. 3.4 PROVISION AND STORAGE REQUIREMENTS The Contractor shall provide a staging area at the Transfer Station where the Contractor shall deliver or store empty Trailers and loaded Trailers. The Contractor shall provide sufficient Trailers to Transport 100 percent of the total daily throughput of waste plus at least two additional Trailers as a contingency in the event of a Trailer failure. The Contractor shall remove Trailers from the site within 48 hours after they are loaded. There shall be at all times a minimum of 3 empty Trailers available on- site. City of Port Angeles 8.2-2 April 5, 2005 3.5 UTILITIES . The Contractor shall be responsible for recurring monthly charges for all Utilities, including but not limited to phones, electricity, water, sewage, and fuel charges. 3.6 OWNERSHIP OF EQUIPMENT All vehicles, equipment, and materials (excluding Appurtenances) proposed by the Contractor for use in performance of the Service Agreement shall be wholly owned by the Contractor, provided that leases or other forms of agreement may be allowed by written approval by the City's Authorized Representative prior to execution of the Service Agreement. Any leases or agreements entered into subsequent to the Service Agreement shall be subject to approval by the City's Authorized Representative prior to the Commencement Date under this Service Component. All such leases or agreements shall be provided in event the Contractor fails to perform, or the default of such lease or agreement. Conditional sales contracts, mortgages, or other agreements for financing the purchase of vehicles and equipment may be allowed if the City's Authorized Representative is satisfied prior to executing the Service Agreement, as to the City's rights to take possession of the vehicles, equipment, and materials in event the Contractor fails to perform the Service Agreement or defaults under such lease or agreement under Service Component II. . 3.7 TAXES The City shall be responsible for payment of Washington State excise tax, and City utility tax. The Contractor shall be responsible for payment of all other in accordance with the Service Agreement 3.8 PERMITTING The Contractor shall be responsible for preparing applications for all federal, state, and local permits, licenses and other approvals applicable. All applications shall be submitted to the City's Authorized Representative for review. The Contractor shall be designated as the permit applicant, and shall be responsible for submitting applications, paying fees, and providing all information required by regulatory agencies for review processes and approvals. The Contractor shall assume full responsibility for the identification of any and all required regulatory approvals. The Contractor shall submit a list of all anticipated approvals required as part of the Project Development Plan. . City of Port Angeles 8.2-3 April 5, 2005 "e . . All mitigation measures for the Disposal Site, required by the State Environmental Policy Act (SEPA) or ot~er approvals c;>r permits shall be the responsibility of the Contractor, and at the Contractor's expense. By selecting the Contractor to perform this Service Component, the City does not guarantee that any permit from City or County agencies, federal, or other state and local government agencies, will be secured. 3.9 OPERA liONS PLAN The Contractor shall prepare and submit a Preliminary Operations Plan in accordance with the Project construction schedule for the City's Authorized Representative's review describing how they will comply with the Performance Specifications. The Preliminary Operations Plan shall describe the sequence of operations and testing to be performed during Startup and Acceptance Testing. The Contractor shall incorporate any City required changes to the Preliminary Operations Plan and submit a Final Operations Plan in accordance with the Project construction schedule. The Final Operations Plan will be submitted to the City's Authorized Representative for approval concurrent with commencement of Transfer Station Startup and Acceptance Testing. The Preliminary Operations Plan shall describe waste Transport methods, staffing, equipment, routing, intermodal facilities, and Disposal locations. The Preliminary Operations Plan shall include a Contingency Plan for backup methods that will be used if the long-haul Transportation/Disposal facilities are not operational 90 days prior to Transfer Station completion. The Contingency Plan will take effect in the event of interruption of normal waste long- haul Transportation/Disposal operations including work stoppage by Contractor's employees, emergency weather conditions, building or equipment failure, lack of access to the primary system for waste long-haul, lack of access to the primary Disposal Site, and handling of wastes from catastrophic events. The City's Authorized Representative shall prepare a response that confirms whether or not the Final Operations Plan was completed in conformance with requirements of the Service Agreement. The response will specify if the Contractor must satisfy any outstanding requirements prior to commercial operations. The City's Authorized Representative's approval of the Final Operations Plan and authorization to commence commercial operations shall not be deemed as the City's approval, or acquiescence to any conditions or Contractor activities that do not conform to Applicable Law, the Performance Specifications, or the Service Agreement, nor shall that review and authorization impose any liability on the City for Contractor errors, omissions, or actions. The City's Authorized Representative's approval of the Final Operations Plan shall in no way relieve the Contractor from adherence to the Performance Specifications and the Service Agreement. City of Port Angeles 8.2-4 Apri15,2005 ./ 4. TRACTOR-TRAILER COMBINATIONS All tractor-Trailer combinations shall meet United State Department of Transportation (USDOT) requirements and be fully licensed and insured to Transport waste in Washington State and other states. All drivers shall be USDOT certified and shall maintain current licenses. The Contractor shall verify that loaded tractor-Trailer combinations conform to legal gross vehicle weight and axle loading requirements prior to leaving the Transfer Station with a loaded Trailer and shall unload and reload Trailers as necessary to achieve compliance with applicable weight limits. The Contractor shall assure that tractor-Trailer combinations do not exceed legal gross vehicle weight or axle loading requirements. Any additional costs such as overweight fines that might result from tractor-Trailer combinations leaving the Transfer Station while exceeding gross vehicle weight or axle loading requirements shall be the responsibility of the Contractor. City of Port Angeles Apri15,2005 8.2-5 . " . . . . . 5. WASTE DISPOSAL 5.1 DISPOSAL SITE The Contractor shall Dispose of all Transfer Station wastes in accordance with the Technical and Cost Proposal. All wastes leaving the Transfer Station site shall become the sole responsibility of the Contractor, and shall not be returned to the Transfer Station, except as set forth in Section 10 of the Service Agreement. The Disposal Site shall, at a minimum, be sited, designed, and constructed and available to receive waste by 90 days prior to Transfer Station Startup and Acceptance Testing. The Disposal Site shall be designed, constructed, operated, monitored, closed, and otherwise maintained in a manner that complies with all Applicable Law for Municipal Solid Waste Landfills. The Contractor must clearly demonstrate that the Disposal Site will be available to receive waste by the actual Transfer Station Commercial Operations Date and provide documentation demonstrating its compliance with Applicable Law or a City approved equivalent standard. The Contractor shall not Dispose of Transfer Station waste in a landfill, or an expansion cell next to an existing landfill, that is, or is proposed to be, on the National Priority List of the Federal Superfund Program (40CFR Part 300), or that is, or is proposed to be, on a similar list under a similar program for any state. If the Disposal Site is located in a jurisdiction that is required to prepare a Comprehensive Solid Waste Management Plan (CSWMP), or its equivalent if the Disposal Site is located outside the State of Washington, the plan of the receiving jurisdiction shall allow waste import to the Disposal Site. Any decision to change the Disposal Site must be approved by the City's Authorized Representative in advance which approval shall not be unreasonably withheld. 5.2 DISPOSAL DOCUMENTATION The Contractor shall provide the City's Authorized Representative with Disposal receipts for all wastes Transported from the Transfer Station. Disposal receipts shall include the date of Disposal, Disposal Site, Trailer identification number, tare weight, and gross weight. The City will compare Disposal receipts with payment records. The Contractor's Authorized Representative shall provide written responses to any discrepancies identified by the City's Authorized Representative. City of Port Angeles 8.2-7 April 5, 2005 5.3 MEASUREMENT AND PAYMENT The Contractor's monthly Service Fee will provide for payment to the Contractor for waste Transport and Disposal services rendered in accordance with the Service Agreement. Tractor-Trailer combinations used by the Contractor to Transport waste shall be weighed by the City at the Transfer Station after loading in accordance with Section 2.4.3 of Performance Specification B.1. The difference between the gross and tare weights will be the net weight of waste in the Trailer. After verifying the information on the ticket, the Contractor shall sign the weight ticket, and will receive a copy of the ticket. The net weight shown on the weight ticket will serve as the basis of payment for services provided by the Contractor to Transport and Dispose of waste under Service Component II in accordance with the Service Agreement. 5.3.1 MEASURING DEVICE Scales used for weighing waste shall be designed and maintained in accordance with the requirements set forth in "Specifications, Tolerances, and Other Technical Requirements for Weighing and Measuring Devices," U.S. Department of Commerce, National Bureau of Standards, Handbook 44. CIty of Port Angeles 8.2-8 April 5, 2005 . . . . . . Blue Mountain Drop-Box Operations Performance Specifications Appendix B.3 April 5, 2005 TABLE OF CONTENTS (Continued) TABLE OF CONTENTS 6. BLUE MOUNTAIN PROJECT DESCRIPTION .......................................................1 6.1 INTRODUCTION AND PROJECT SCHEDULE ............................................ 1 6.1.1 Operations Plan................................................ ..... ........ .....................2 6.2 GENERAL PROJECT REQUiREMENTS......................................................4 6.2.1 Staffing........... ...................................... ........ ....... ...... ...... ...................4 6.2.2 Project Status Reporting Requirements.............................................. 5 6.2.3 Disposal Charges.............................. ....... ............. ............. ................6 6.2.4 Facilities and Equipment... ................ .................... .............. ................6 6.2.5 Ownership of Equipment ....................................................................7 6.2.6 Days and Hours of Operation........ ......... ..... ........ ..... ..........................7 7. BLUE MOUNTAIN PERFORMANCE SPECIFICATIONS ....................................... 8 7.1 FUNCTIONAL REQUiREMENTS............... .............. .......... ......... ..................8 7.1.1 Blue Mountain Drop-box Operations/Recycling Specific Requirements........... ...................... ...... ........ ...... ................................8 7.2 GENERAL OPERATIONS................................................. .............. ...... ........8 7.2.1 Incoming Waste.............................. ...................... ........ ......................8 7.2.2 Unacceptable Waste......................... ..................................................9 7.2.3 Environmental Control.......................................... ..............................9 7.2.4 Inspection........ ................................ ..................... ....... ........ ...............9 7.2.5 Holiday Operations ............................................... ........ ....... ............. 10 7.2.6 Materials Transport............................... ........ ......... ......... .................. 10 7.2.7 Facility Security.......... ................................... ...... ........... ................... 10 7.2.8 Utilities ............. ........... .................... ........ .............. ......... .............. ..... 10 7.2.9 Taxes 11 7.3 EQUIPMENT AND EQUIPMENT MAINTENANCE ..................................... 11 7.3.1 General................................................................ ............... .............. 11 7.3.2 Maintenance Records ....... ................ .......... ...... ........ .......... .............. 11 7.3.3 Maintenance Schedule.... ....................................... .......... ................ 11 7.4 MEASUREMENT AND PAyMENT.............................................................. 11 7.5 PERMITTING..... ......... .................................... ........................... .......... ....... 12 7.6 SCALE OPERATIONS .............................. .................................................. 12 City of Port Angeles April 5, 2005 . . . . . . ACRONYMS DESCRIPTION City County DNR MSW OSHA WISHA City of Port Angeles Clallam County Washington State Department of Natural Resources Municipal Solid Waste Occupational Safety and Health Administration Washington Industrial Safety and Health Act City of Port Angeles ii April 5. 2005 ,G: BLUE MOUNTAIN PROJECT DESCRIPTION . 6.1 INTRODUCTION AND PROJECT SCHEDULE I The Contractor shall be responsible for all activities necessary for operation of the Blue- Mountain Drop-Box Facility as described in the Performance Specifications, the RFP, and the Service Agreement. In the event of any conflict among the preceding documents, the most burdensome Contractor duty or obligation shall prevail, unless otherwise approved by the City's Authorized Representative. The Contractor shall be responsible for all equipment, labor, and materials necessary to operate the Blue Mountain Drop-Box Operations as described in the Performance Specifications, the RFP, and the Service Agreement. This Service Component includes operation, maintenance, and waste Transport at the Blue Mountain Drop-Box Operations, located on Blue Mountain Road, between Sequim and Port Angeles, Washington. Clallam County (County) presently leases the property from the Washington State Department of Natural Resources (DNR). The Contractor shall not be responsible for DNR lease expenses. The Facility handles approximately 1,000 tons of municipal waste per year. Specific activities include: . Provide all labor, equipment, supplies, and materials necessary to operate and maintain the Drop-Box Facility, and monitor residential and commercial self-haul wastes. . Weigh waste and collect Disposal Charges for residential and commercial self- haul loads. . . Provide containers for the collection of wastes. . Direct the diversion of Recyclable Materials. . Haul wastes collected at the Drop-Box Facility to the Transfer Station. . Maintain and make necessary improvements to the infrastructure, security, equipment, and operation of the Drop-Box Facility as necessary to meet operating and aesthetic requirements for the Facility. . Apply a waste screening and acceptance policy consistent with the policy established for the Transfer Station. . Maintain records of solid waste, handling and Disposal, and provide routine reports to support compliance requirements for the Drop-Box Facility. Routine reports may include, but are not limited to, daily receipts, and waste quantity received and Transported, operating permits, compliance reports, and pay requests. . City of Port Angeles B.3-1 April 5, 2005 . . . The Contractor's Technical and Cost Proposal shall include handling waste quantities currently be,ing handled and processed through the Drop-Box Facility. All wastes received at the Drop-Box Facility are subject to the requirements and policies established for the existing Landfill and the proposed Transfer Station (Refer to Service Component I). This includes recycling requirements, waste import restrictions, and waste screening and acceptance requirements. 6.1.1 Operations Plan The Contractor's Authorized Representative shall submit a Preliminary Operations Plan to the City's Authorized Representative within 30 calendar days of the Commencement Date of this Service Component. The Contractor's Authorized Representative shall address all of the City's Authorized Representative comments on the Preliminary Operations Plan. The Contractor shall start operations within 30 calendar days following the City's Authorized Representative's acceptance of the Final Operations Plan. The Operations Plan shall contain a Contingency Plan including a comprehensive set of contingency operating procedures that will take effect in the event of interruption of normal operations. At a minimum, the Operations Plan shall establish procedures for the following: . Staffing and hours of operation. . Waste receiving, screening, and acceptance. . Cash handling procedures for collection of Disposal Charges. . Unacceptable waste identification and management. . Safety and emergency training. . Waste loading operations. . Coordination with waste long haul and Disposal operations. . Operation of Customer Drop-Off Facilities for recyclables. . Handling of used motor oil, antifreeze, and auto batteries. . Site security. . Building annual maintenance. . Traffic control. . Noise mitigation. City of Port Angeles April 5, 2005 8.3-2 · Dust, litter, odor, and vector control. . . Environmental control. · Public information management. The Contractor shall include a comprehensive set of contingency operating procedures in their Operations Plan that will take effect in the event of interruption of normal operations at the Drop-Box Facility, including but not limited to: . Fires and explosions. · Release of toxic or hazardous substances. · Work stoppage by the Contractor's employees. · Emergency weather conditions. · Building or equipment failure. · Unknown delivery of Unacceptable Wastes. · Handling wastes from catastrophic events. · Arrangements and agreements (if required) with local emergency response agencies describing the services to be rendered by each agency in the event of an emergency. . · A site diagram and description of the location and intended use of all emergency equipment. · Names, telephone numbers, and addresses of all Persons designated as emergency coordinators by the Contractor. An emergency coordinator shall be at the Transfer Station, or on-call by telephone or radio within thirty minutes of an emergency. Emergency coordinators shall be familiar with the Operations Plan. The Contractor shall conduct emergency response drills at least twice per year. The City's Authorized Representative shall prepare a response that confirms whether or not the Final Operations Plan was completed in conformance with requirements of the Service Agreement. The response will specify if the Contractor must satisfy any outstanding requirements prior to commercial operations. The City's Authorized Representative's approval of the Final Operations Plan and authorization to commence commercial operations shall not be deemed as the City's approval, or acquiescence to any conditions or Contractor activities that do not conform to Applicable Law, the Performance Specifications, or the Service Agreement, nor shall . City of Port Angeles B 3-3 April 5, 2005 . that review and authorization impose any liability on the City for Contractor errors, omissions, or actions. The City's Authorized Representative's approval of the Final Operations Plan shall in no way relieve the Contractor from adherence to the Performance Specifications and the Service Agreement. The City will forward the Final Operations Plan to CCEHD for review and approval. CCEHD approval of the Final Operations Plan is required before the Contractor may commence commercial operations. 6.2 GENERAL PROJECT REQUIREMENTS 6.2.1 Staffing Contractor activities at the Drop-Box Facility will include: . Weigh and monitor residential and commercial self-haul waste loads. . Direct the separation of Recyclable Materials. . Divert Unacceptable Waste in accordance with the Transfer Station Waste Acceptance Policy. . Assist Customers with the placement of wastes into designated containers. . . Regularly inspect and document the condition of the Drop-Boxes. . Control litter and maintain a clean and safe Drop-Box Facility. . Collect Disposal Charges, issue sequentially numbered weight tickets, and prepare monthly reports on waste quantities and amounts collected. . Transport the waste to the Transfer Station for final disposition. The Contractor shall not allow full containers to remain on site for more than 72 hours before Transporting them to the Transfer Station for disposition. . The Contractor shall require all employees to be courteous at all times. They shall not play loud music or use loud or profane language. . The Contractor shall provide operation and safety training for all its personnel. This shall include: )> Mandatory first aid training for all staff. )> Waste screening training, including recognition of Unacceptable Waste before and after unloading, and identification and tracing of Unacceptable Wastes to the responsible party. . City of Port Angeles 8.3-4 April 5, 2005 ~ All training required by Occupational Safety and Health Administration (OSHA) and Washington Industrial Safety and Health Act (WISHA). . ~ Training for employees in use and location of safety equipment at the site. ~ Training in emergency response. · Whenever a principal officer of the Contractor is not immediately available or present, the City's Authorized Representative may give orders related to imminent environmental, health and human safety issues to the Contractor's Authorized Representative who is in charge of local operations. . The City's Authorized Representative will notify the Contractor's Authorized Representative of all complaints received by the City. The Contractor's Authorized Representative shall answer complaints courteously and promptly. The Contractor is responsible for resolving all such complaints. The Contractor's Authorized Representative shall designate a project manager for Drop- Box operations. The Contractor's project manager shall be directly accountable to the City for the Contractor's performance and shall be the prime contact for all discussions with the City relative to the Blue Mountain Drop-Box Operations. In addition to the project manager, the Contractor's key personnel shall be identified in the Operations Plan. Replacement of key personnel shall be subject to approval by the . City's Authorized Representative, whose approval shall not be unreasonably withheld. 6.2.2 Project Status Reporting Requirements The Contractor's Authorized Representative shall provide monthly reports to the City's Authorized Representative during the Term of the Service Agreement. The report shall be provided in a printed or computer readable electronic format compatible with the City's software standards. The reports will be due within 30 calendar days of the end of the reporting period. At a minimum, the report shall include: · A summary of the total number of Customers, the total amount of Disposal Charges collected, and the waste tonnage received at the Blue Mountain Drop- Box Facility. . A summary of the waste tonnage Transported to the Transfer Station. · A discussion of highlights and problems, and measures taken to resolve problems. The Contractor's Authorized Representative shall also be available for monthly Project review meetings with the City's Authorized Representative. . CIty of Port Angeles 8.3-5 April 5, 2005 . . . 6.2.3 Disposal Charges , I The Contractor shall pay the City an amount equal to the Disposal Charges it collected each month. Disposal charges collected shall include accounts receivable for credit transactions. Contractor payment to the City of the total Disposal Charges collected shall accompany the Contractor's monthly report. 6.2.4 Facilities and Equipment The City will provide the following facilities and equipment: . Existing building with restroom. . Concrete apron. . Paved drive-around. . Water well. . Oil/antifreeze recycle tanks. The Contractor shall provide the following: . Electrical and telephone service. . Uniquely identified transfer containers, marked consistent with Transfer Station Trailers. . Mobile toilet. . Scales similar to the hopper scales that are currently in use. The Contractor is responsible for providing his own transfer equipment (containers, roll- on Trailers/trucks), or other appropriate units of operation. 6.2.5 Ownership of Equipment All vehicles, equipment, and materials (excluding Appurtenances) proposed by the Contractor for use in performance of the Service Agreement shall be owned by the Contractor, provided that leases or other forms of agreement may be allowed by written approval by the City's Authorized Representative prior to execution of the Service Agreement. Any leases or agreements entered into subsequent to the Service Agreement shall be subject to approval by the City's Authorized Representative prior to the Commencement Date under this Service Component. All such leases or agreements shall be provided in event the Contractor fails to perform, or the default of such lease or agreement. CIty of Port Angeles 8.3-6 April 5, 2005 Conditional sales contracts, mortgages, or other agreements for financing the purchase of vehicles and equipment may be allowed if the City's Authorized Representative is satisfied prior to executing the Service Agreement, as to the City's rights to take possession of the vehicles, equipment, and materials in event the Contractor to perform the Service Agreement or defaults under such lease or agreement under Service Component III. 6.2.6 Days and Hours of Operation The Contractor shall staff the Blue Mountain Drop-Box Facility during its hours of operation. The Contractor will have the Drop-Box Facility open to Customers a minimum of three days per week (one day of which must be Saturday or Sunday), eight hours per day within the hours of 8:00 A.M. and 7:00 P.M. as approved by the City's Authorized Representative. Any operation beyond this will be by choice of the Contractor without additional compensation. City of Port Angeles 8.3-7 April 5, 2005 . . . . 7. BLUE MOUNTAIN PERFORMANCE SPECIFICATIONS 7.1 FUNCTIONAL REQUIREMENTS 7.1.1 Blue Mountain Drop-box Operations/Recycling Specific Requirements The following are the specific requirements for Drop-Box and recycling Drop-Off operations: . The Contractor shall promptly greet each Customer entering the Facility. . The Contractor shall inspect and weigh the load and collect the appropriate Disposal Charge. . The Contractor will direct the Customer to the appropriate area based on waste type (Recyclable Materials, Acceptable HHW, Acceptable Waste, or Mixed MSW). The Contractor's Authorized Representative shall annually provide Clallam County the right of first refusal to retain a portion or all of the used motor oil accepted by the Contractor at the Facility. . Recyclables will be placed directly into an appropriate container whenever possible. Recyclables will not be allowed to accumulate anywhere around the . Facility. . If the Customer has Mixed MSW, the Contractor shall direct the Customer to the off-loading area, and assist the Customer with off-loading of waste if necessary. . The Contractor shall screen loads to determine if Unacceptable Waste is present. If Unacceptable Waste is identified, the Contractor shall inform the Customer that the waste cannot be accepted. The waste will be retrieved and returned to the Customer. . Within 72 hours of filling a waste container, the Contractor shall be responsible for Transporting the material to the Transfer Station. At the end of each day, the Contractor shall ensure that all waste is loaded into containers. . The Blue Mountain Drop-Box Operations will be limited to Acceptable Waste including Mixed MSW (excluding Biosolids, White Goods, Recyclable Materials under Service Component IV). . City of Port Angeles 8.3-8 April 5, 2005 7.2 GENERAL OPERA liONS . 7.2.1 Incoming Waste The Contractor shall provide scales to weigh loads and determine Disposal Charges for each Customer. Recyclable Materials will not be included in the weight total. If Unacceptable Waste is delivered to the Facility, the Contractor shall direct the Person delivering the waste to remove the material from the Drop-Box. If the owner of the Unacceptable Waste cannot be identified, the Contractor shall be responsible for proper Disposal of the waste at its own expense. 7.2.2 Unacceptable Waste The Contractor shall screen wastes delivered to the Drop-Box Facility in a manner sufficient to determine whether or not Unacceptable Wastes are present in accordance with the Waste Acceptance Policy and procedure developed as part of Service Component I. 7.2.3 Environmental Control The Contractor shall be responsible for the environmental controls listed in Sections 7.2.3.1 through 7.2.3.3. 7.2.3.1 Odor Control . The Contractor shall ensure the tipping areas and areas around the Drop-Box are kept clean and swept daily. Containers shall be routinely cleaned to prevent odor accumulation. Full waste containers shall not be stored on-site for any longer than 48 hours excluding holidays or emergency situations. The Contractor shall respond to all complaints by local residents within 24 hours regarding odors emanating from the Facility. 7.2.3.2 Litter Control The Contractor shall conduct on-site litter control during the Days and Hours of Operation. The Contractor shall perform daily inspections paying particular attention to wind-blown material near the Facility boundaries. The Contractor shall conduct daily litter control and pickup on areas outside the boundaries of the Facility. 7.2.3.3 NuisanceNector Control The Contractor shall be responsible for the control of insect, rodents, birds and other animals, as necessary to mitigate a nuisance or health and safety hazard. The City's Authorized Representative will evaluate the need for additional environmental controls to mitigate impacts, such as noise or dust, as necessary. The Contractor's City of Port Angeles 8.3-9 April 5, 2005 . . . . Authorized Representative shall respond promptly to all nuisance mitigation requests from the City;s Authorized Representative. 7.2.4 Inspection The Contractor shall inspect operating machinery, litter control, and general housekeeping during the Days and Hours of Operation. The Contractor shall inspect safety equipment weekly, at a minimum. The frequency of additional operation or procedural inspections shall be conducted as directed by the City's Authorized Representative. The Contractor shall record the results of all inspections conducted at the Facility in a logbook or on City approved inspection forms. A copy of all logbooks or inspection forms will remain onsite at all times. 7.2.5 Holiday Operations The Contractor shall not be required to operate the Facility on legal holidays. 7.2.6 Materials Transport Once a waste container has been filled, the Contractor shall be responsible for Transporting and disposing of the material to the Transfer Station. At the end of each day, the Contractor shall ensure that all waste is loaded into containers. The Contractor shall be fully responsible for insuring containers comply with legal gross vehicle and axle weights requirements, and shall unload and reload containers as necessary to achieve compliance with applicable weight limits. The Contractor shall be responsible for payment of all overweight fines received for containers loaded by the Contractor. 7.2.7 Facility Security The Contractor shall provide measures to ensure site security and eliminate unauthorized site access. Security measures shall be effective at all times. The Contractor shall repair all damage to the Blue Mountain Drop-Box Operations or its equipment resulting from failure to provide adequate security measures. Sufficient exterior lighting shall be provided to deter unauthorized nighttime access and assist with night inspections of the Facility. 7.2.8 Utilities The Contractor shall be responsible for recurring monthly charges for all Utilities, including but not limited to phones, electricity, water, sewer, and fuel charges. City of Port Angeles B 3-10 April 5, 2005 7.2.9 Taxes . The City shall be responsible for payment of Washington State excise tax, and City utility tax. The Contractor shall be responsible for payment of all other taxes and fees in accordance with the Service Agreement 7.3 EQUIPMENT AND EQUIPMENT MAINTENANCE 7.3.1 General All equipment and containers shall be maintained in a satisfactory condition to meet the terms of the Service Agreement. Maintenance is the sole responsibility of the Contractor. 7.3.2 Maintenance Records The Contractor shall keep records of all service, maintenance and repairs for all equipment use in collection, and processing of solid waste or recyclables. The Contractor shall keep copies of all records on-site at all times and these records shall be made available to the City's Authorized Representative and all regulatory agencies with jurisdiction over the Facility. 7.3.3 Maintenance Schedule The Contractor shall schedule regular preventive maintenance for the equipment and the Facility. The Contractor shall clean the Drop-Box area daily. The Contractor shall be required to keep the Facility clean and sanitary. The City's Authorized Representative reserves the sole right to determine the adequacy of cleaning and maintenance. . 7.4 MEASUREMENT AND PAYMENT The Contractor's monthly Service Fee will provide for payment to the Contractor for Blue Mountain Drop-Box Operation services rendered in accordance with the Service Agreement. Vehicles used by the Contractor to Transport waste containers shall be weighed by the City at the Transfer Station after loading in accordance with Section 2.4.3 of Performance Specification B.1. The difference between the gross and tare weights will be the net weight of waste in the vehicle and waste containers. After verifying the information on the ticket, the Contractor shall sign the weight ticket, and will receive a copy of the ticket. The net weight shown on the weight ticket will serve as the basis of payment for services provided by the Contractor for Blue Mountain Drop-Box Operation services under Service Component III in accordance with the Service Agreement. City of Port Angeles 8.3-11 Apri15,2005 . . . . 7.5 PERMITTING The City's Authorized Representative shall be responsible for preparing applications for all federal, state, and local permits, licenses and other approvals applicable. The City shall be designated as the permit applicant, and shall be responsible for submitting applications, paying fees, and providing all information required by regulatory agencies for review processes and approvals. The City shall assume full responsibility for the identification of any and all required regulatory approvals. By selecting the Contractor to perform this Service Component, the City does not guarantee that any permit from City or County agencies, federal, or other state and local government agencies, will be secured. 7.6 SCALE OPERATIONS The Contractor will weigh all Acceptable Waste delivered to the Facility. After weighing, the Contractor shall prepare a sequentially numbered weight ticket that indicates the Customer, waste type, date, time, net weight, and Disposal Charge. If the scales are inoperable at any time, the Contractor may estimate the net weight until the scales are operable. The Contractor shall provide for scale maintenance, repairs, and annual scale calibration at the Contractor's expense. City of Port Angeles 8.3-12 Apnl5,2005 Recyclables Collection And Processing Performance Specifications Appendix 8.4 Apri/5,2005 . . . . . . TABLE OF CONTENTS 8. P R OJ Eel DESC RIPTION ........ .............. ............. ........ ......... ........ .......... ..... ........ .... 1 8.1 INTRODUCTION AND PROJECT SCHEDULE ............................................ 1 8.1.1 Project Schedule................................................................................. 2 8.2 GENERAL PROJECT REQUIREMENTS...................................................... 3 8.2.1 Staffing........... ....... .............. ........................ ....................................... 3 8.2.2 Project Status Reporting Requirements...... ....... .................................4 8.2.3 Public I nvolvement and Information.................................................... 4 9. PERFORMANCE SPECIFICATIONS ......................................................................5 9.1 FUNCTIONAL REQUIREMENTS.. ............. ............ ....... .................. ..............5 9.1.1 Curbside Program Specific Requirements.......................................... 5 9.1.2 Commercial Cardboard Specific Requirements .................................. 6 9.1.3 Collection of Yard Debris Specific Requirements ............................... 7 9.1.4 Drop-Off Recycling Facilities Requirements .......................................7 9.2 GENERAL OPERATIONS ..................... ........................ .......... ........... ...........8 9.2.1 Collection Vehicles ............................................ .................................8 9.2.2 loading and Material Identification .................. ...................................8 9.2.3 Materials Transport............... ................................... ............. .............. 8 9.2.4 Parking of Vehicles............................................................................. 9 9.2.5 Holiday Collections............................................................................. 9 9.2.6 Annexation... .......... ..... ....... ........... ....................... ........... ....................9 9.3 EQUIPMENT AND EQUIPMENT MAINTENANCE ....................................... 9 9.3.1 General... ...... ....... ....... ....... ................................. .................. ............ 10 9.3.2 Ownership of Equipment .................. .............. ................ ...... ............ 10 9.3.3 Cleaning and Painting of Vehicles and Equipment ........................... 10 9.3.4 Cleaning Facilities....... ....... ............. ..................... ......... .................... 10 9.4 MEASUREMENT AND PAyMENT.............................................................. 10 9.5 UTilITIES.......... ...... ................................. ..................... ................................9 9.6 TAXES............... .............................................. .............. ................................9 9.7 PERMITTING.... ............................. ...................... ....................................... 11 9.8 OPERATIONS PLAN ..................................................................................11 ACRONYMS DESCRIPTION City City of Port Angeles City of Port Angeles April 5, 2005 County HHW MSW SWAC Clallam County Household Hazardous Waste Municipal Solid Waste Solid Waste Advisory Committee City of Port Angeles ii April 5, 2005 . . . . . . 8. RECYCLING PROJECT DESCRIPTION 8.1 INTRODUCTION AND PROJECT SCHEDULE The Contractor shall be responsible all equipment, labor, and materials necessary to collect and process Recyclable Materials as described in the Performance Specifications, the RFP, and in accordance with terms of the Service Agreement. In the event of any conflict among the preceding documents, the most burdensome Contractor duty or obligation shall prevail, unless otherwise approved by the City's Authorized Representative. For the purpose of this Project, "Recyclable Materials" include the following: . Aluminum cans. . Tin cans. . Green, brown and clear recyclable glass. . All Number 1 and Number 2 plastics. . Newsprint. . Cardboard. . Ledgerpaper. . Computer paper. . Magazines. . Catalogues. . Telephone books. . All common "junk mail" with the exception of envelopes with "glasene" windows. . Excluding any bottles, cans, and jars that contain any Hazardous Waste including, but not limited to, paints, thinners, aerosols, drain cleaners, motor oil, pesticides, and antifreeze. The Contractor shall provide recycling collection services, including all related Transportation, processing, marketing, Customer records, and sales services, as set forth below: City of Port Angeles 8.4-1 April 5, 2005 · Bi-weekly curbside collection of commingled Recyclable Materials (excluding green, brown and clear recyclable glass) from all eligible single-family and multi- family residential dwellings up to a four family dwelling, that have received a recycling container and are located within the Port Angeles corporate limits and areas that may be annexed during the Term of the Service Agreement. . . Bi-weekly or monthly curbside collection of Yard Debris from all eligible single- family and multi-family residential dwellings up to a four family dwelling, that have received a recycling cart and are located within the Port Angeles corporate limits and areas that may be annexed during the Term of the Service Agreement and delivery of the collected material to the City's Co-Composting Facility at the Transfer Station site. . Semi-weekly curbside collection of cardboard from all eligible commercial locations that have received a recycling container and are located within the Port Angeles corporate limits and areas that may be annexed during the Term of the Service Agreement. · Bi-weekly collection of Recyclable Materials from up to seven City and School District facilities within the Port Angeles corporate limits and areas that may be annexed during the Term of the Service Agreement. · Provision and servicing of Drop-Off Facilities for collection of Recyclable Materials from residential and commercial self-haulers at the Transfer Station . and the Blue Mountain Drop Box Operations. . Provision and servicing of up to 3 Drop-Off Facilities for collection of green, brown and clear recyclable glass from residential self-haulers at mutually agreeable locations within the City. . Collection of Recyclable Materials from up to 10 community events such as: ~ Household Hazardous Waste (HHW) Event. ~ Clallam County (County) Fair. ~ Festival of the Trees. ~ Juan de Fuca Festival of the Arts. ~ Relay for Life. ~ Duck Derby. . Collection of Recyclable Materials from other facilities upon City request at commercial rates established by the Contractor. . City of Port Angeles 8.4-2 April 5, 2005 . . . . Project status reporting. Commercial recycling services is limited to commercial cardboard collection from commercial businesses located within the City. Upon the Contractor's Authorized Representative's request, the City shall provide an electronic copy of the City's Customers' service addresses to be exclusively used by the Contractor for operations and Project status reporting. The Contractor shall treat this information as confidential in accordance with the Service Agreement. 8.1.1 Project Schedule The Contractor agrees to distribute containers and commence curbside collection within 30 days following the Commencement Date of this Service Component. 8.2 GENERAL PROJECT REQUIREMENTS 8.2.1 Staffing The Contractor shall establish a project management organization for the Project. The Contractor's project manager shall be directly accountable to the City for the Contractor's performance and shall be the prime contact for all communications with the City. In addition to the project manager, the Contractor's key personnel shall be identified in the Operations Plan. Replacement of key personnel shall be subject to approval by the City's Authorized Representative, whose approval shall not be unreasonably withheld. Additional employee and staffing requirements include: . The Contractor shall require all employees to be courteous at all times. They shall not play loud music, or use loud or profane language. . Each employee shall, at all times, carry a company ID card and a valid Washington State Driver's License and endorsements for the type of vehicle being operated. . The Contractor shall assign a qualified Person or Persons to be in charge of its operation. The City's Authorized Representative shall be given the name of the Person or Persons and information regarding their experience. . The Contractor shall provide operation and safety training for all the Contractor's personnel. . Employees, in collecting materials, shall follow regular walks for pedestrians while on private property. They shall not trespass, loiter, cross property to City of Port Angeles 8.4-3 Apnl 5, 2005 adjoining premises, or meddle with property that does not concern them. They . shall also replace containers in an orderly manner after completion of each collection and not affect Municipal Solid Waste (MSW) collection by the City. . Whenever a principal officer of the Contractor is not immediately available or present, the City's Authorized Representative may give orders related to imminent environmental, health and human safety issues to the Contractor's Authorized Representative's in charge of the operations. . The Contractor's Authorized Representative shall answer complaints courteously and promptly within 24 hours of receipt of the complaint. The City's Authorized Representative will notify the Contractor's Authorized Representative of all complaints received. The Contractor shall resolve all such complaints. . Whenever the City's Authorized Representative or a Customer notifies the Contractor of locations that have not received scheduled service at no fault of the Customer, the Contractor shall service such locations by the end of the following workday. . Contractor employees shall handle all containers with reasonable care to avoid damage, and shall immediately cleanup and Dispose of any spilled contents. 8.2.2 Project Status Reporting Requirements The Contractor's Authorized Representative shall provide monthly reports to the City's Authorized Representative. The reports shall be provided in a computer readable electronic format compatible with the City's software standards. The reports will be due within 30 calendar days of the end of the reporting period. At a minimum, the monthly reports shall include: . . A summary of the: Customer containers and carts provided and the number and type (Le., commingled recycling or Yard Waste) of set-outs collected; and the tickets at the Transfer Station and recovered tonnages for each type of material. . A discussion of highlights and problems, and measures taken to resolve problems, and increase efficiency and participation. . Complaints received and responses provided. . Copies of weight tickets for each load of Recyclable Material and materials that are not recyclable. The Contractor's Authorized Representative shall meet quarterly for Project review meetings with the City's Authorized Representative. The City's Authorized Representative will issue an agenda and notify the Contractor's Authorized Representative seven calendar days prior to the quarterly meeting. . City of Port Angeles 8.4-4 April 5, 2005 . Upon the City's Authorized Representative's request, the Contractor's Authorized Representati~e shall provide semi-annual reports to the City's Authorized Representative. The semi-annual reports shall be provided in a computer readable electronic format compatible with the City's software standards. The semi-annual reports will be due within 30 calendar days of the City's Authorized Representative's request. At a minimum, the semi-annual reports shall include: . A list of all residential Customer service addresses including: the date that recycling containers and carts were delivered, replaced and removed; the serial number of recycling containers and carts; and the dates that each type (Le., commingled recycling or Yard Waste) of Customer set-outs or not-outs per service address during the reporting period. . A list of all commercial Customer service addresses including: the date that recycling containers were delivered, replaced and removed; the serial number of the recycling containers; and the dates that each Customer container was serviced by the Contractor per service address during the reporting period. 8.2.3 Public Involvement and Information The Contractor shall provide public awareness and education services as described below, unless otherwise approved by the City's Authorized Representative: . . Distribution of recycling brochures with distribution of containers. . Distribute recycling information to support community events. Provide Contractor personnel for up to 10 community events per year. . Contractor shall participate in Solid Waste Advisory Committee (SWAC) meetings. . City of Port Angeles 8.4-5 Apnl 5, 2005 9. RECYCLING PERFORMANCE SPECIFICATIONS . 9.1 FUNCTIONAL REQUIREMENTS 9.1.1 Curbside Program Specific Requirements The following are the specific requirements for the curbside program: . The Contractor shall, at its expense, provide containers or carts at the City's Authorized Representative's request to all Customers requesting services that are living in single-family and multi-family' dwelling units up to a four family dwelling and commercial cardboard Customers within the City. The Contractor shall be responsible for the maintenance and inventory of all containers and carts. . The days and hours of operation for residential collection of these materials shall normally be Monday through Friday, 7:00 AM. to 6:30 P.M. . The City shall require its recycling Customers to set-out recycling containers and carts no later than 7AM on the scheduled service day for collection. The Contractor reserves the right to charge the Customer for return trips for out of route collections due to Customer negligence. . The Contractor shall have the exclusive right to provide collection services and market and retain all revenues received by the Contractor for the resale of the Recyclable Materials under this Service Component in accordance with the Service Agreement. . . The Contractor shall service new accounts or delete existing accounts within 72 hours or three business days after receipt of verbal notice from the City's Authorized Representative. . The Contractor shall schedule collection in accordance with maps that the City's Authorized Representative shall provide to the Contractor indicating the days on which regular refuse collections are made by the City so that refuse, recyclables, and Yard Waste are collected on the same day. In the event of changes in routes or schedules that will alter the day of collection, the City's Authorized Representative shall notify the Contractor's Authorized Representative in writing 10 days prior to the change. The City's Authorized Representative shall also notify Customers of such changes in Recyclable Materials, by mail, or by direct contact, at the discretion of the City's Authorized Representative. City residential refuse collection occurs on all legal holidays occurring Monday through Friday, with the exception of Thanksgiving, Christmas and New Years Day. The City reserves the right to alter collection days; however, should this occur the . CIty of Port Angeles 8.4-6 Apnl 5, 2005 . Contractor's Authorized Representative shall receive at least 10 working days notic~ and the City shall be responsible for all Customer notification. . During the Term of the Service Agreement, at the City's Authorized Representative's request the Contractor shall provide and deliver containers and replace damaged containers at no additional charge to the City or Customer. At the City's Authorized Representative's request the Contractor shall remove containers from inactive service locations. The Contractor shall not charge the City but may charge a Customer for replacement containers that are damaged or stolen due to Customer negligence and for containers delivered to the same service location that it was removed from within a two-month period. The Contractor shall deliver and remove containers within two business days of notification by the City's Authorized Representative. . Containers for collection of recyclables shall, at a minimum, be a new 96-gallon cart for commingled recyclables to be provided by the Contractor for each residential account in the City. The containers shall be marked for commingled recyclables. All containers shall be approved in writing by the City's Authorized Representative prior to purchase. The type of container shall be the industry standard or a City approved equivalent. The container shall be made of plastic, preferably recycled, or the structural equivalent. . . Upon Customer request, the Contractor shall provide pack-out service for the disabled or elderly providing the quantity of Customers receiving pack-out service does not exceed 3% of all City collection Customers. . The Contractor shall provide recycling brochures to all Customers receiving services at the time recycling containers are delivered. These brochures shall contain information on what materials are included in the recycling program, what materials are to be placed in the container, collection schedule and container placement, and what to do with old containers, if any. . Upon the request of either Party, which may be made no more frequently than once per year, the Contractor's Authorized Representative shall provide the City's Authorized Representative with brochures in sufficient quantity to be included with City Customer utility bills (approximately 10,000). The brochures must be in Microsoft Word format using letter size (8-1/2 X 11 inch) page setup. The Contractor's Authorized Representative shall provide electronic files to the City for all brochure materials. . Recycling containers that are in use prior to the execution of the Service Agreement are the property of Waste Management. After the Commencement Date of this Service Component, the Contractor shall distribute new recycling containers to the initial list of households specified by the City and retrieve all containers owned by Waste Management that are placed out for collection . City of Port Angeles 8.4-7 April 5, 2005 concurrent with the initial delivery of containers. Containers owned by Waste . Management shall be retrieved by the Contractor as part of the deliver of containers to the initial list of households specified by the City and delivered to the Transfer Station, where Waste Management may pick them up. Collection of containers from households that do not receive services under the Service Agreement or from subsequent lists of households specified by the City shall be the responsibility of Waste Management. The Contractor shall provide for collection of containers upon termination of this Service Component. 9.1.2 Commercial Cardboard Specific Requirements The following are the specific requirements for the collection of commercial cardboard accounts: · Collection of corrugated cardboard from commercial Customer locations in Port Angeles shall occur five days per week with collections from each Customer being mandated by the Customer's service level requirements. Some of this service level information is available through the City and some is proprietary to the current Contractor. · During the Term of the Service Agreement, at the City's Authorized Representative's request the Contractor shall provide and deliver containers and replace damaged containers as required at no additional charge to the City or Customer. At the City's Authorized Representative's request the Contractor shall . remove containers from inactive service locations. The Contractor shall not charge the City but may charge a Customer for replacement containers that are damaged or stolen due to Customer negligence and for containers delivered to the same service location that it was removed from within a two-month period. The Contractor shall deliver and remove containers within two business days of notification by the City's Authorized Representative. The City's Authorized Representative shall approve all containers in writing in advance of the Contractor's purchase of such containers. · All containers shall be approved in writing by the City's Authorized Representative prior to purchase. The type of container shall be the industry standard or a City approved equivalent. · The Contractor shall provide a suitable vehicle to collect and haul cardboard. · The Contractor shall serve additional commercial locations within 48 hours or two business days after receipt of verbal notice from the City's Authorized Representative. · The days and hours of operation for commercial collection of these materials shall normally be Monday through Friday, 4:30 A.M. to 6:30 P.M. . City of Port Angeles 8.4-8 April 5, 2005 . . . 1 . . Cardboard containers that are in use prior to the execution of the Service Agreement are the. property of Waste Management. After the Commencement Date of this Service Component, the Contractor shall distribute new cardboard containers to the initial list of households specified by the City and retrieve all containers owned by Waste Management that are placed out for collection. Containers owned by Waste Management shall be retrieved by the Contractor as part of the deliver of containers to the initial list of locations specified by the City and delivered to the Transfer Station where Waste Management may pick them up. Collection of containers from locations that do not receive services under the Service Agreement or from subsequent lists of locations specified by the City shall be the responsibility of Waste Management. The Contractor shall provide for collection of containers upon termination of this Service Component. 9.1.3 Collection of Yard Debris Specific Requirements The following are the specific requirements for the collection of Yard Debris: . Yard debris collection shall be on the same day, and during the same hours, as refuse and recycle collection. The Customer will place material at the same approximate location as the curbside recyclables containers, but must maintain a 5-foot clearance from all City containers. . During the Term of the Service Agreement, at the City's Authorized Representative's request the Contractor shall provide and deliver carts and replace damaged carts as required at no additional charge to the City or Customer. At the City's Authorized Representative's request the Contractor shall remove carts from inactive service locations. The, Contractor shall not charge the City but may charge a Customer for replacement carts that are damaged or stolen due to Customer negligence and for carts delivered to the same service location that it was removed from within a two-month period. The Contractor shall deliver and remove carts within two business days of notification by the City's Authorized Representative. The City's Authorized Representative shall approve all carts in writing in advance of the Contractor's purchase of such carts. . The Contractor shall not accept Yard Debris collected in plastic bags or deliver Yard Debris contaminated with plastic bag material to the Co-Composting Facility. . Materials collected shall be delivered to a designated location at the Transfer Station for shredding and composting. . The days and hours of operation for residential collection of these materials shall normally be Monday through Friday, 7:00 A.M. to 6:30 P.M. City of Port Angeles B.4-9 April 5, 2005 . During the months of December through February the City's Authorized Representative may notify the Contractor's Authorized Representative to limit curbside collection of Yard Debris to once per month in lieu of bi-weekly collection. The City's Authorized Representative's notice shall be provided at least thirty days in advance to the Contractor's Authorized Representative. The City's and Contractor's Authorized Representatives shall agree on the days of the month that Yard Debris will be collected during the months of December through February. . . The Contractor shall provide curbside collection of trees during the month of January on the same day, and during the same hours, as refuse and recycle collection. . Yard Debris carts that are in use prior to the execution of the Service Agreement are the property of Waste Management. After the Commencement Date of this Service Component, the Contractor shall distribute new Yard Debris carts to the initial list of households specified by the City and retrieve all containers owned by Waste Management that are placed out for collection. Yard Debris carts owned by Waste Management shall be retrieved by the Contractor as part of the deliver of carts to the initial list of households specified by the City and delivered to the Transfer Station where Waste Management may pick them up. Collection of carts from households that do not receive services under the Service Agreement or from subsequent lists of households specified by the City shall be the responsibility of Waste Management. The Contractor shall provide for collection . of carts upon termination of this Service Component. 9.1.4 Drop-Off Recycling Facilities Requirements This Service Component involves collecting, hauling, weighing, and processing for Disposal, all self-haul Recyclable Materials from Drop-Off facilities at the Transfer Station and the Blue Mountain Drop Box Operations. The following are the specific requirements for the Transfer Station and the Blue Mountain Drop-Off Operations: . Recycling services at the Transfer Station and Blue Mountain Drop Box Operations sites will be located in the designated Drop-Off area. The recycling facilities will accept the same materials as the curbside recycling program. . The Contractor will furnish Drop-Off Facilities that will sufficiently handle the capacity of the site. The Contractor will label Drop-Off Facilities to identify what type of material will be accepted. . Services will include processing, Transporting, marketing, and sales of recyclables. . City of Port Angeles 8.4-10 April 5, 2005 . . . . Pick up of recyclables shall occur during normal site operating hours. The Contr~ctor shall make a specific pickup at the Transfer Station site after 2:00 P.M. each Friday. . The Contractor shall be responsible to ensure the Drop-Off area is clean and free of litter and debris. . The Contractor may find Acceptable Waste that is not recyclable deposited in the Drop-Off Facilities. Such materials may be delivered to the Transfer Station at no cost to the Contractor and the City shall pay a Service Fee under Service Component II for Transport and Disposal. All Acceptable Waste deposited in a Drop-Off Facility that is not recyclable shall be weighed by the City at the Transfer Station in accordance with Section 2.4.3 of Performance Specifications B.1. The following are the specific requirements for the collection containers for glass at up to 3 mutually agreed upon locations within the City of Port Angeles: . The recycling facilities will only accept glass. . The Contractor will furnish Drop-Off Facilities that will sufficiently handle the capacity of the site. The Contractor will label Drop-Off Facilities to identify what type of glass will be accepted. . Services will include processing, Transporting, marketing, and sales of recyclables. . The Contractor shall be responsible to ensure the Drop-Off area is clean and free of litter and debris. . The Contractor may find Acceptable Waste that is not recyclable deposited in the Drop-Off Facilities. Such materials may be delivered to the Transfer Station at no cost to the Contractor and the City shall pay a Service Fee under Service Component II for Transport and Disposal. All Acceptable Waste deposited in a Drop-Off Facility that is not recyclable shall be weighed by the City at the Transfer Station in accordance with Section 2.4.3 of Performance Specifications B.1. 9.2 GENERAL OPERATIONS 9.2.1 Collection Vehicles The Contractor shall provide collection vehicles specifically designed and manufactured for curbside collection of Recyclable Materials, and shall be appropriate for the materials anticipated to be collected by the Performance Specifications. The vehicle CIty of Port Angeles 8.4-11 April 5, 2005 shall provide for a reasonable level of flexibility with regards to future materials, which may be collected. The Contractor shall make all collections of Recyclable Materials. in watertight metal receptacles or vehicles with closed tops, constructed so that the contents will not leak or spill. Receptacles and/or vehicles shall be kept as clean as possible. They shall not be allowed to park in the street or other places longer than is reasonably necessary to collect recyclable goods. The Contractor shall have brooms, dust pans, and shovels on the truck at all times for cleaning up spilled materials. A sign stating "This Vehicle Makes Frequent Stops" shall be placed on the rear of all vehicles. 9.2.2 Loading and Material Identification During the course of collecting and loading materials, the Contractor may find materials that are not recyclable. The Contractor will ensure that such materials are placed in one of the bins, the bin is left upright, and that notification is attached to the bin informing the Customer why the material was not collected. The notification form shall be approved by the City's Authorized Representative prior to use. 9.2.3 Materials Transport The Contractor shall not, under any circumstances, be allowed to Dispose of Recyclable Materials by landfilling, unless approved by the City's Authorized Representative. The Contractor shall be responsible for the marketing and sale of Recyclable Materials excluding Yard Waste collected from residential households, and shall be entitled to applicable proceeds as provided in the Service Agreement. 9.2.4 Parking of Vehicles The Contractor shall not use property in or adjacent to that zoned residential or adjacent to the various Drop-Off Facilities for parking, standing, washing, cleaning, or storing their vehicles or equipment without approval of the City. Property used for such purposes shall be properly zoned, fenced, and have sufficient ingress and egress. Areas used by the Contractor for storing, parking, or repair of these vehicles shall be kept clean and orderly. Such areas shall be subject to periodic inspections by the City's Authorized Representative. 9.2.5 Holiday Collections When a legal holiday that is normally observed falls during the week, the Contractor, through coordination with the City's Authorized Representative, shall arrange to make collection on the same holiday schedule as the City's refuse collection schedule. No CIty of Port Angeles 8.4-12 April 5, 2005 . . . . holiday collection will be scheduled on Thanksgiving, Christmas, and New Year's Day. The City's Authorized Representative shall provide the Contractor's Authorized Representative with the holiday schedule by November 15th of each year. 9.2.6 Annexation If, during the Term of the Service Agreement, additional territory in any amount whatsoever is acquired by the City through annexation, the City reserves the right, upon 60 days written notice to the Contractor's Authorized Representative, to order the Contractor to make collections in such annexed area, in accordance with all provisions of the Performance Specifications and at the unit prices set forth in the Service Agreement. 9.2.7 Community Events Collection of Recyclable Materials at community events shall require a minimum of one container at least 1.5-yard capacity for commingled recyclables (excluding glass) and a cart for glass at least 96 gallons in size that shall delivered on the day before the event. Some events may also require cardboard pick-up. Volunteers or City employees shall provide and empty plastic collection bags into the containers throughout the duration of the event. The Contractor shall service the containers as necessary and remove the containers the next business day after the event. . 9.3 EQUIPMENT AND EQUIPMENT MAINTENANCE 9.3.1 General The Contractor shall maintain all collection equipment and containers in satisfactory condition to meet the terms of the Service Agreement. 9.3.2 Ownership of Equipment All vehicles, equipment, and materials (excluding Appurtenances) proposed by the Contractor for use in performance of the Service Agreement shall be owned by the Contractor provided that leases or other forms of agreement may be allowed by written approval of the City's Authorized Representative prior to execution of the Service Agreement. Any such leases or agreements entered into subsequent to the Service Agreement shall be subject to approval by the City's Authorized Representative prior to executing the Service Agreement. Conditional sales contracts, mortgages, or other agreements for financing the purchase of vehicles, facilities, and equipment may be allowed if the City's Authorized Representative is satisfied prior to executing the Service Agreement, as to the City's rights to take possession of the vehicles, facilities, and equipment in the event the . City of Port Angeles 8.4-13 April 5, 2005 Contractor fails to perform the Service Agreement or defaults under such lease or agreement under Service Component IV. . 9.3.3 Cleaning and Painting of Vehicles and Equipment I All collection vehicles shall be clean and professional in appearance, and shall have the name and telephone number of the Contractor, as well as any advertising of the recycling program, as the only advertising on the vehicle. 9.3.4 Cleaning Facilities The Contractor shall provide adequate vehicle, container, cart and Drop-Off Facility cleaning equipment. All cleaning shall be done on a paved area, which is curbed to prevent drainage onto surrounding areas and provides an approved catch basin and oil/water separator connected to a sanitary sewer or a holding tank. These facilities shall be used for all washing and steam cleaning of equipment, and be kept in sanitary condition. All vehicles shall be kept in a clean and sanitary condition. and all collection vehicles shall be periodically steam cleaned. inside and out. 9.4 MEASUREMENT AND PAYMENT The Contractor's monthly Service Fee will provide for payment to the Contractor for all services rendered in accordance with this Service Component. . 9.5 UTILITIES The Contractor shall be responsible for recurring monthly charges for all Utilities related to this Service Component, including but not limited to phones, electricity, water, sewer, and fuel charges. 9.6 TAXES The City shall be responsible for payment of Washington State excise tax, and City utility tax. The Contractor shall be responsible for payment of all other taxes and fees in accordance with the Service Agreement 9.7 PERMITTING The City shall assume full responsibility for the identification of any and all required regulatory approvals. The Contractor shall obtain owner approval for any Drop-Off facilities placed on non-City owned property. . City of Port Angeles B.4-14 April 5, 2005 . 9.8 OPERATIONS PLAN The Contractor's Authorized Representative shall submit a Preliminary Operations Plan to the City's Authorized Representative within 30 calendar days of the Commencement Date of this Service Component. The Contractor's Authorized Representative shall address all of the City's Authorized Representative's comments on the Preliminary Operations Plan. The Contractor shall start operations within 30 calendar days following the City's Authorized Representative's acceptance of the Final Operations Plan. The Operations Plan shall also contain a Contingency Plan including a comprehensive set of contingency operating procedures that will take effect in the event of interruption of normal operations. At a minimum, the Operations Plan shall establish procedures for the following: . Staffing. . Days and hours of operation. . Description of collection vehicles. . Location of initial processing facilities. . Transport methods. . . Location of final recycling, reuse, or resale facility. . Drop-Off Facility maintenance. . Location of Drop-Off Facilities for glass recycling. The Operations Plan shall include a comprehensive set of contingency operating procedures that will take effect in the event of interruption of normal operations, including but not limited to: . Release of toxic or hazardous substances. . Work stoppage by the Contractor's employees. . Emergency weather conditions. . Names, telephone numbers, and addresses of all Persons designated as emergency coordinators by the Contractor. An emergency coordinator shall be on-call by telephone or radio within thirty minutes of an emergency. Emergency coordinators shall be familiar with all parts of the Operations Plan. The Contractor shall conduct emergency response drills at least twice per year. . City of Port Angeles 8.4-15 April 5. 2005 The City's Authorized Representative shall prepare a response that confirms whether or . not the Final Operations Plan was completed in conformance with requirements of the Service Agreement. The response will specify if the Contractor must satisfy any outst,anding requirements prior to commercial operations. The City's Authorized Representative's approval of the Final Operations Plan and authorization to commence commercial operations shall not be deemed as the City's approval, or acquiescence to any conditions or Contractor activities that do not conform to Applicable Law, the Performance Specifications, or the Service Agreement, nor shall that review and authorization impose any liability on the City for Contractor errors, omissions, or actions. The City's Authorized Representative's approval of the Final Operations Plan shall in no way relieve the Contractor from adherence to the Performance Specifications and the Service Agreement. The City's Authorized Representative will forward the Final Operations Plan to CCEHD for review and approval. CCEHD approval of the Final Operations Plan is required before the Contractor may commence commercial operations. . . City of Port Angeles 8.4-16 Apnl 5, 2005 . . . Co-Composting Operations Performance Specifications Appendix B.5 April 5, 2005 TABLE OF CONTENTS . 10. PROJECT DEseRI PTION ....... ...... ......... ............ ... ........... ..... .... ...... ........................ 1 10.1 INTRODUCTION AND PROJECT SCHEDULE ............................................ 1 10.1.1 Operations Plan .................................................................................. 2 10.2 GENERAL PROJECT REQUiREMENTS...................................................... 3 10.2.1 Permitting ............. ....... ...... .................... ................................. ............3 10.2.2 Staffing ............. ............................ .......................... ........ ........ ............3 11. PERFORMANCE SPECIFICATIONS ......................................................................5 11.1 FUNCTIONAL REQUiREMENTS.................................................................. 5 11.1.1 Materials Management....................................................................... 5 11.1.2 System Operations............................................................................. 5 11.1.3 Process Controls ................................................................................ 7 11.1.4 Inspections .........................................................................................7 11.1.5 Record Keeping .................................................................................. 7 11.1.6 Housekeeping/Decontamination ......................................................... 7 11.1.7 Reporting and Compliance ................................................................. 8 11.1 .8 Utilities................................................................................................ 8 11.1.9 Taxes ..... ......... ........... ........ ....... ........ ........... ............. ............ ..............8 . 11.2 MATERIAL OWNERSHiP........ .......... ......... ........... ...... ..... ................ ............ 8 11.3 FACILITY MAINTENANCE....... ........... ........................... ........ ........... ............9 11.4 EQUIPMENT AND EQUIPMENT MAINTENANCE .......................................9 11.4.1 General.... ........... ................................... ............ .......... ............ ...........9 11.4.2 Ownership of Equipment .................................................................... 9 11.4.3 Maintenance Records......................................................................... 9 11.4.4 Maintenance Schedule ..................... ...................... ........ ..... ............. 10 11.5 MEASUREMENT AND PAyMENT.............................................................. 10 . City of Port Angeles April 5, 2005 . ACRONYMS DESCRIPTION CCEHD Clallam County Environmental Health Department City City of Port Angeles County Clallam County CQCR Co-Composting Quality Control Report DCD Department of Community Development DOE Department of Ecology EPA Environmental Protection Agency PFRP Process to Further Reduce Pathogens Plan Co-Composting Facility Operations Plan WORe Washington Organic Recycling Council . WWTP Wastewater Treatment Plant . City of Port Angeles ii Apri15,2005 10: CO-COMPOSTING PROJECT DESCRIPTION . 10.1 INT,RODUCTION AND PROJECT SCHEDULE Service Component V requires the Contractor to provide manpower, materials, and record keeping to operate and maintain the Co-Composting Facility, located adjacent to the designated Transfer Station site, as described in the Performance Specifications, the RFP and the Service Agreement. In the event of any conflict among the preceding documents, the most burdensome Contractor duty or obligation shall prevail, unless otherwise approved by the City's Authorized Representative. The Co-Composting Facility was constructed in 1994 and renovated in 2003/2004 to provide for the processing of Yard Debris and municipal Biosolids. The Co-Composting Facility uses an aerated static pile with an aeration control system that was developed by Engineered Compost Systems. The City currently operates the system to produce a Class A co- compost product (as defined in WAC 173-308). The Co-Composting Facility provides the primary source for disposing of the City's Biosolids (defined as a Type III feedstock) and Yard Debris. The Contractor shall comply with its Technical and Cost Proposal that presents methods and approaches to performing the activities listed below. Specific elements of work shall include: . The shredding of Yard Debris and green wastes delivered to the co-composting Drop-Off Facility. The Contractor shall install new facilities for receiving, . handling, and staging Yard Debris and green wastes as part of Service Component I's Transfer Station development. . Managing the delivery and storage of Biosolids from the City's wastewater treatment plant (yWVTP). The City will deliver and place Biosolids as specified by the Contractor. . Mix Yard Debris and green waste with Biosolids in accordance with the Co- Composting Facility Operations Plan (Plan) and operating permit. . Operate the Co-Composting Facility to generate Class A co-composting products. . Screen finished product and return screenovers into the system. . Stockpile co-composting products on-site as directed by the City. . Record keeping arid reporting of co-composting operations. . Minor maintenance to ensure the Facility remains fully operational during the Term of the Service Agreement. . City of Port Angeles 8.5-1 April 5, 2005 . . . . Coordination with other ongoing on-site activities. I . Customer vehicle loading. 10.1.1 Operations Plan The Contractor's Authorized Representative shall submit a Preliminary Operations Plan to the City's Authorized Representative within 30 calendar days of the Commencement Date of this Service Component. The Contractor's Authorized Representative shall address all of the City's Authorized Representative's comments on the Preliminary Operations Plan. The Contractor shall start operations within 30 calendar days following the City's Authorized Representative's acceptance of the Final Operations Plan. The Operations Plan shall also contain a Contingency Plan including a comprehensive set of contingency operating procedures that will take effect in the event of interruption of normal operations. At a minimum, the Operations Plan shall establish procedures for the following: . General operating requirements for the Co-Composting Facility including inspection requirements, materials management, process controls, hours of operation, etc. as required by the Performance Specifications. . CompostlBiosolids handling operations and procedures including record keeping requirements and other items presented in the Performance Specifications. . Equipment to be used and equipment maintenance. . Staffing, personnel, duties, and work schedules. . Safety training. The City will provide for all sampling and laboratory testing, as well as the marketing, off-site Transport as necessary, and sale of the co-composting products. The Operations Plan shall include a comprehensive set of contingency operating procedures that will take effect in the event of interruption of normal operations, including but not limited to: . Release of toxic or hazardous substances. . Work stoppage by the Contractor's employees. . Emergency weather conditions. . Names, telephone numbers, and addresses of all Persons designated as emergency coordinators by the Contractor. An emergency coordinator shall be on-call by telephone or radio within thirty minutes of an emergency. Emergency City of Port Angeles 8.5-2 April 5, 2005 coordinators shall be familiar with all parts of the Operations Plan. The . Contractor shall conduct emergency response drills at least twice per year. The City's Authorized Representative shall prepare a response that confirms whether or not the Final Operations Plan was completed in conformance with requirements of the Service Agreement. The response will specify if the Contractor must satisfy any outstanding requirements prior to commercial operations. The City's Authorized Representative's approval of the Final Operations Plan and authorization to commence commercial operations shall not be deemed as the City's approval, or acquiescence to any conditions or Contractor activities that do not conform to Applicable Law, the Performance Specifications, or the Service Agreement, nor shall that review and authorization impose any liability on the City for Contractor errors, omissions, or actions. The City's Authorized Representative's approval of the Final Operations Plan shall in no way relieve the Contractor from adherence to the Performance Specifications and the Service Agreement. The City's Authorized Representative will forward the Final Operations Plan to CCEHD for review and approval. CCEHD approval of the Final Operations Plan is required before the Contractor may commence commercial operations. 10.2 GENERAL PROJECT REQUIREMENTS 10.2.1 Permitting The City shall be responsible for preparing applications for all federal, state, and local permits, licenses and other approvals applicable. The City shall be designated as the permit applicant, and shall be responsible for submitting applications, paying fees, and providing all information required by regulatory agencies for review processes and approvals. . By selecting the Contractor to perform this Service Component, the City does not guarantee that any permit from City or County agencies, federal, or other state and local government agencies, will be secured. 10.2.2 Staffing The Contractor's Authorized Representative shall establish a project management organization for the Project. The Contractor's project manager shall be directly accountable to the City for the Contractor's performance and shall be the prime contact for all discussions with the City's Authorized Representative. In addition to the project manager, the Contractor's key personnel shall be identified in the Operations Plan. Replacement of key personnel shall be subject to approval by the City's Authorized Representative, whose approval shall not be unreasonably withheld. Additional employee and staffing requirements include: . City of Port Angeles 8.5-3 April 5, 2005 . . . . The Contractor shall require all employees to be courteous at all times. They shall not play loud music, or use loud or profane language. , . The Contractor's Authorized Representative shall assign a qualified Person or Persons to be in charge of the operation. The City's Authorized Representative shall be given the name of the Person or persons, and information regarding their experience. . The Contractor shall provide operation and safety training for all of its personnel. · At least one Contractor employee involved with the co-composting operation is required to complete Washington Organic Recycling Council (WORe) co- compost operator training. . Whenever a principal officer of the Contractor is not immediately available or present, the City's Authorized Representative may give orders related to imminent environmental, health and human safety issues to the qualified Person or Persons in charge of the operations. · The Contractor shall answer complaints courteously and promptly within 24 hours of receipt of the complaint. The City's Authorized Representative will notify the Contractor's Authorized Representative of all complaints received. The Contractor shall resolve all such complaints. City of Port Angeles 8.5-4 April 5, 2005 11. CO-COMPOSTING PERFORMANCE SPECIFICATIONS 11.1 FUNCTIONAL REQUIREMENTS 11.1.1 Materials Management The Contractor shall manage all materials required for feedstock necessary to produce a Class A co-composting product suitable for resale in the commercial market place. Materials include, but are not limited to, Yard Debris, green waste, Biosolids, screenovers from the co-composting process, and other materials designated by the City's Authorized Representative for incorporation into the co-composting system. Materials management will include the storage, maintenance of storage areas, vector control, handling, transferring, mixing, screening, and segregating co-composting materials. The Contractor shall maintain strict decontamination protocols to reduce the potential for cross-contamination of finished product and feedstock material. 11.1.2 System Operations The Contractor shall provide personnel and supplies necessary to collect Yard Debris and green wastes from the designated collection site at the Transfer Station, and transfer them to a designated processing area for shredding and sorting of non- conforming materials. The Contractor shall shred materials to meet the Performance Specifications and the requirements of the Operations Plan. The City will press Biosolids to remove free liquid, and deliver Biosolids to the Co- Composting Facility from the City's WWTP. Biosolids shall be placed within available areas within the existing Co-Composting Facility. The Contractor's Authorized Representative shall provide notice to the City's Authorized Representative when 85 percent of the Biosolids storage capacity is full. The Contractor shall not utilize alternative Biosolids storage or Disposal methods without the prior written approval by the City's Authorized Representative. The Contractor shall mix shredded Yard Debris with Biosolids and process screenovers to create piles for processing in accordance with the Performance Specifications. During processing, the Contractor shall monitor aeration, moisture, and temperature control systems and maintain the on-site telemetry system. The co-composting processing procedures are outlined as follows: . The aeration blower is turned on and a minimum amount of positive air is applied to the pile. Using the feedstock bucket on the loader, the operator spreads a 1- foot thick "pad" of wood chips or screenovers on the floor of the selected active Co-Composting Facility bay. City of Port Angeles 8.5-5 April 5, 2005 . . . . . . . Using the feedstock bucket on the loader, the operator loads waste from the Yard Waste pile and the ,Biosolids pile to the Reel Auggie mixer to produce a 3:1 mix (by volume). Yard waste and Biosolids are mixed, and discharged into a pile from the Reel Auggie mixer conveyor belt. The operator loads the pile to the back of the selected active Co-Composting Facility bays. The static pile shall be constructed approximately 8 feet high and shall extend 1 foot beyond the aeration trench when finished. . The Yard Waste/Biosolids mix ratio should be 3:1 by volume. The mix should allow air passage, and have a maximum moisture content of 60 percent. The operator should have a mix sample tested for moisture content. If the mix is too dense, add wood chips and compact for air circulation. Wood chips can be screened out later and recycled. . Insert temperature probe and begin automatic operation. Using the "Co- Composting Quality Control Report" (CQCR) Form the operator will record all pertinent information. To meet the EPA "Class A" designation for the Process to Further Reduce Pathogens (PFRP), the compost temperature must reach 55 degrees Celsius. This temperature must be maintained for a minimum of three days. To meet the vector attraction reduction the co-compost temperature must be maintained at 40 degrees Celsius for another 11 days with an average temperature of 45 degrees Celsius. When the compost has reached the desired temperature, the aeration system data logger will continuously record temperature. The operator will record temperatures on the CQCR Form. . After the active compost has achieved PFRP and is showing a drop in temperature (indicating reduced biological activity), the Contractor shall request the City to sample the pile for the analyses specified in the co-composting operating permit. When the lab has confirmed the material passes permit criteria, the Contractor shall move the compost to the curing/storage pile. The operator records this information on the CQCR Form. . The Contractor shall allow the compost to cure for a minimum period of 120 days, or until the compost is stable. Stability can be determined by measuring for carbon dioxide. . Screen the finished compost to the particle size mutually agreed upon by the City and Contractor Authorized Representatives. Oversize material can be recycled into the compost mix by use as blanket material or bulking agent. The City will test the screened material to document it meets Class A criteria before accepting it for the City's use. City of Port Angeles 8.5-6 Apri/5,2005 11.1.3 Process Controls Monitoring the co-composting process will enable the Contractor to determine which compost recipe works best, based on the type and quality of feedstock materials used. At a minimum, the Contractor shall be required to check each newly constructed static pile for moisture and report on the starting moisture content. Piles will be automatically monitored for temperature through the composting software program. The City shall be responsible for sampling all finished compost piles to ensure they meet Chapter 173-350-220 of the WAC, Table A and B requirements. Compost not meeting the requirements shown in Table A and/or Table B shall not be available for sale. The City will only pay the Contractor its Service Fee for Class A products accepted by the City. 11.1.4 Inspections The Contractor shall monitor the Co-Composting Facility daily through the modem accessing the control software. The Contractor shall answer alarm conditions promptly to ensure a smooth, consistent operation. The Contractor shall physically check the Facility regularly, and record all observations in an inspection log with signatures and dates. The Contractor shall be required to keep these records for five years. The City will inspect and provide testing of co-compost. Based on the results of product testing, the City may reject the material as unsuitable for marketing or accept the material and direct the Contractor to stockpile it on-site for City use and marketing. 11.1.5 Record Keeping The Contractor shall maintain records of Co-Composting Facility operations and provide records to the City's Authorized Representative monthly. At a minimum the records shall document daily activities, materials management, status of co-composting processing, equipment usage, maintenance inspections, and issues requiring the City's response. The Contractor, through its composting program, will produce a product, which may ultimately become available to Customers. The agencies regulating the composting activity have a specific set of monitoring, record keeping, and reporting requirements. The Environmental Protection Agency (EPA) sludge rule 40-CFR-503 requires records to be kept for a minimum of five years. The City shall be responsible for maintaining records according to WAC 173-308-290 by lab analysis showing how the Class A requirements were met and the results of the testing. The City shall keep a set of all records for purposes of completing annual reports (Section 2.1.7). City of Port Angeles 8.5-7 April 5, 2005 . . . . . . 11.1.6 Housekeeping/Decontamination The Contractor shall be required to keep the Facility clean and sanitary. The Contractor shall inspect the Facility and surrounding areas, in accordance with the approved Operations Plan, and conduct housekeeping activities daily. The Contractor shall routinely wash handling equipment and use handling procedures that reduce the potential for material cross-contamination. 11.1.7 Reporting and Compliance The Contractor's Authorized Representative shall provide monthly reports to the City's Authorized Representative for each year of the Service Agreement. The reports will be due within 30 days of the end of the reporting period. At a minimum, the report shall include: . A summary of the quantity of co-composting product produced and accepted by the City during the month. . A summary of any leachate collected and removed from the Co-Composting Facility. . A discussion of highlights and problems, and measures taken to resolve problems and increase efficiency. In addition, the Contractor's Authorized Representative shall prepare an annual report containing monitoring data to the Clallam County Department of Community Development, Environmental Health Department (CCEHD) and Washington State Department of Ecology (DOE). The annual report shall comply with WAC 173-350-220 (4) (d). The Contractor's Authorized Representative shall meet quarterly for Project review meetings with the City's Authorized Representative. 11.1.8 Utilities The Contractor shall be responsible for recurring monthly charges for all Utilities related to this Service Component including but not limited to phones, electricity, water, sewer, and fuel charges. 11.1.9 Taxes The City shall be responsible for payment of Washington State excise tax, and City utility tax. The Contractor shall be responsible for payment of all other taxes and fees in accordance with the Service Agreement. City of Port Angeles 8.5-8 Apn/5,2005 11.2 MATERIAL OWNERSHIP . The City will assume ownership of all finished co-composting product that is accepted by the City as a suitable Class A product. The Contractor shall be responsible for all materials rejected as unsuitable and all feedstock material delivered to the Co- Composting Facility. The City reserves all rights to the marketing and sale of finished co-composting product. 11.3 FACILITY MAINTENANCE The Contractor shall maintain the Co-Composting Facility to ensure the efficient operation and production of a quality Class A product. The Contractor shall routinely inspect leachate collection, aeration equipment, and the building floor, roof, and siding, and perform routine housekeeping responsibilities. 11.4 EQUIPMENT AND EQUIPMENT MAINTENANCE 11.4.1 General The Contractor is responsible for all equipment necessary for operation of the Co- Composting Facility. The Contractor shall assume ownership of the City's equipment used for co-composting operations. The equipment includes an auger mixer, a product screen, and a loader. The Contractor shall own and be responsible for the equipment . from the Commencement Date of this Service Component. The Contractor shall be solely responsible for maintaining all equipment used in the co- composting operations in satisfactory condition to meet the terms of the Service Agreement. The Contractor shall be required to maintain and repair systems including the aeration, moisture, and temperature control systems. 11.4.2 Ownership of Equipment All vehicles and equipment proposed (excluding Appurtenances) for use in performance of this Service Component shall be owned by the Contractor, provided that leases or other forms of agreement maybe allowed by written approval by the City's Authorized Representative prior to execution of the Service Agreement. All such leases or agreements shall be provided in the event the Contractor fails to perform, or the default of such lease or agreement. Any leases or agreements entered into subsequent to the Service Agreement shall be subject to approval by the City's Authorized Representative. Conditional sales contracts, mortgages, or other agreements for financing the purchase of vehicles and equipment may be allowed if the City's Authorized Representative is satisfied prior to execution, as to the City's rights to take possession of the vehicles and equipment in the event the Contractor fails to perform the Service Agreement or defaults under such lease or agreement under Service Component V. . City of Port Angeles 8.5-9 April 5, 2005 . . . 11.4.3 Maintenance Records The Contractor shall keep records of all service, maintenance and repairs' for all equipment use in the co-composting operation. The Contractor shall keep copies of all records onsite at all times and these records shall be made available to the City's Authorized Representative and all regulatory agencies with jurisdiction over the Facility. 11.4.4 Maintenance Schedule The Contractor shall schedule regular preventive maintenance for equipment and the Facility, as well as a daily cleaning schedule. The maintenance schedule shall be included in the Co-Composting Operations Plan. The City's Authorized Representative will determine the adequacy of the cleaning operations. 11.5 MEASUREMENT AND PAYMENT Finished co-composting product will be measured at the Transfer Station scales immediately following City acceptance and prior to being stockpiled on-site. Co- composting product that is accepted by the City shall be weighed by the City at the Transfer Station in accordance with Section 2.4.3 of Performance Specifications B.1. The difference between the gross (vehicle loaded with finished co-composting product gross) and tare (empty vehicle) weights will be the net weight of the finished co- composting product. After verifying the information on the ticket, the Contractor shall sign the weight ticket, and will receive a copy of the weight ticket. The net weight shown on the weight ticket will serve as the basis of payment for all services provided by the Contractor under Service Component V in accordance with the Service Agreement. City of Port Angeles 8.5-10 April 5, 2005 " Moderate-Risk Waste Performance Specifications Appendix B.6 City of Port Angeles April 5, 2005 8.5-7 . . . . . . TABLE OF CONTENTS 12. MODERATE-RISK WASTE PROJECT DEVELOPMENT............................. 1 12.1 INTRODUCTION AND PROJECT SCHEDULE ............................................ 1 12.2 MRWF DEVELOPMENT ....... .................. .......................... ........ .................... 1 12.2.1 Project Development Plan ..... ..................... ..... ....... ...... ..:.. ....... .......... 2 12.3 FACILITY SiTING..... ....... ...... ................. ........ ......................... ...... ..... ...........3 12.4 PERMITTING ......... ........ ...... ............ ............. .................... ....... .............. .......3 12.5 MRWF DESIGN ....... ...................... ....................................... .............. ..........4 12.5.1 Requirements for Design Phase.........................................................4 12.5.2 Submission, Review, and Approval of Design Materials.....................4 12.5.3 Modifications to Facility Design Specifications ...................................5 12.6 FACILITY CONSTRUCTION ............. .......... ......................... ......................... 5 12.6.1 Commencement of Construction ..... ........... ......... ...............................5 12.6.2 Subcontractors................................................................................... 5 12.6.3 Staffing ............. ......... ......... ............ ............ ...................... ................. 5 12.6.4 Facility Site Preparation...................................................................... 6 12.6.5 Procurement of Equipment, Components, and Services ....................6 12.6.6 Preliminary Operations Plan... ................ .............. ............ ....... ........... 6 12.6.7 Completion of Construction ........................................... ..................... 6 12.6.8 Startup and Acceptance Testing......................................................... 7 12.6.9 Commercial Operations.. ................ ................ ...... ............... ...............7 13. MODERATE-RISK WASTE PERFORMANCE SPECIFICATIONS ......................... 8 13.1 FUNCTIONAL REQU IREMENTS...... ................ .......... ........ ........... ...............8 13.1.1 General MRWF Functional and Design Criteria.................................. 8 13.1.2 Uniform and National Code References .............................................9 13.1.3 Design Life and Design Capacity...... ............... ........... .............. ........ 11 13.1.4 Aesthetic Design and Landscaping................................................... 11 13.1.5 Safety Planning and Engineering .....................................................11 13.1.6 Utilities ............................................................................................ 11 13.1. 7 Security ............................................................................................ 12 13.1.8 Taxes .......................... ....... ............ ......... .................... .................. 12 13.1.9 Ownership of Equipment......... ........ ........... ................................. ..... 12 13.2 FACILITY MANAGEMENT .......................................................................... 12 13.2.1 Data Collection and Reporting Requirements................................... 12 13.2.2 Public Information ............................................................................. 13 13.2.3 Staffing ................................................... ................................. ........ 13 City of Port Angeles April 5, 2005 /' TABLE OF CONTENTS Continued) 13.3 MRWF OPERATIONS........ ....................... ...................... ................. ........... 15 13.3.1 Overview.... ... ............... .................. ......... ..... ......... ....... ..................... 15 1'3.3.2 MRW Estimated Quantities..... ................ ................. ............. ............ 16 13.3.3 Final Operations Plan ....................................................................... 16 13.3.4 Acceptable MRW ........ ................... ................ ......... .... ...................... 18 '13.3.5 MRW Acceptance.... .................. ................. ............. ...... ...... ............. 18 13.3.6 MRW Handling.. .......... ................... ...... ............... ........ ...................... 18 13.3.7 MRW Packing and Disposal.............................................................20 13.3.8 Safety and Health Program........... .......... ..... ..... ........ ................. ...... 21 13.4 MEASUREMENT AND PAyMENT..... ............... .......................................... 21 LIST OF TABLES 8.6-1. Uniform and National Reference Codes ..................................................... 10 City of Port Angeles ii April 5, 2005 . . . ~ . ACRONYMS DESCRIPTION CCEHD CESQG City County Ecology MRW MRWF PALF SEPA US DOT USTs . Clallam County Environmental Health Department Commerciall Exempt Samll Quantity Generator City of Port Angeles Clallam County Department of Ecology Moderate-Risk Waste Moderate-Risk Waste Facility Port Angeles Landfill State Environmental Policy Act United States Department of Transportation Underground Storage Tanks . City of Port Angeles iii Apn15, 2005 12. MODERATE-RISK WASTE PROJECT DEVELOPMENT . 12.1 INTRODUCTION AND PROJECT SCHEDULE The Contractor shall be responsible for all development activities necessary for completion and Startup of a new Moderate-Risk Waste Facility (MRWF) as described in the Performance Specifications, the RFP, and in accordance with the Service Agreement. In the event of any conflict among the preceding documents, the most burdensome Contractor duty or obligation shall prevail, unless otherwise approved by the City's Authorized Representative. The Contractor shall construct a Transfer Station at the Port Angeles Landfill (PALF) to receive and Transport solid waste following closure of the PALF. The Transfer Station construction will include much of the infrastructure, such as roads, scales, and Utilities, required to support MRWF development. Therefore, the design requirements and the construction scheduling for the MRWF are tied directly to the Transfer Station Project Development and Construction schedules. 12.2 MRWF DEVELOPMENT MRWF development shall be incorporated into the Transfer Station Project Development as described in Appendix B.1 of the Performance Specification. The MRWF Project Development and Construction Schedules shall be included as part of . the Transfer Station Project Development Plan. The Contractor shall be responsible for all activities necessary for the design and construction of the MRWF. The work conducted during MRWF development shall lead to a complete and fully operational Facility that is integrated with other site activities. Project development as described in this section includes the following: . A Project Development Plan, as described in Appendix B.1 of the Performance Specifications, completed following the Commencement Date. . Facility design and development, construction documents, construction (supervision, management, quality assurance, inspection, and examination), and Acceptance Testing of the MRWF and other supporting infrastructure identified in the Performance Specifications. . Obtaining all required construction permits and licenses. . Facility inspections and re-inspections. . All costs including insurance and other fees (including direct, indirect, and incidental) related to the Contractor's work. . City of Port Angeles 8.6-1 Apnl 5, 2005 . . Project Development and Construction Schedules and deliverables in accordance with Ta~les 8.1-1 and 8.1-2 of the Transfer Station Performance Specifications. 12.2.1 Project Development Plan The Contractor shall include the MRWF in the Project Development Plan for the Transfer Station. The Contractor shall make changes and modifications to the Project Development Plan based on discussions with the City's Authorized Representative. The Project Development Plan for the MRWF must include the items listed below. 12.2.1.1 Scheduling, Permitting and Construction Activities The Contractor shall include the MRWF in the detailed Project Construction Schedule for the Transfer Station. 12.2.1.2 Staffing Ie The Contractor's Authorized Representative shall establish a project management organization for Project development of Service Component VI. The Contractor's project manager shall be directly accountable to the City's Authorized Representative for the Contractor's performance and shall be the prime contact for all discussions with the City's Authorized Representative. The organization shall, as a minimum, have a representative who is also a member of the Transfer Station project management organization. The Contractor may propose the same organization as proposed for the Transfer Station under Service Component I. The Contractor shall establish an effective subcontract and construction management function to ensure placement of subcontracts and equipment orders on schedule, delivery of equipment and material orders on schedule, and effective management of all construction activities both on-site and off-site. In addition to the project manager, the Contractor's key personnel shall be identified in the Operations Plan. Replacement of key personnel shall be subject to advance approval by the City's Authorized Representative, whose approval shall not be unreasonably withheld. 12.2.1.3 Project Status Reporting Requirements The Contractor's Authorized Representative shall prepare monthly progress reports to be submitted to the City's Authorized Representative no later than 30 calendar days after the close of the previous calendar month. These reports shall include: . The Contractor's assessment of the Project's progress during the previous month compared to the approved Project Construction Schedule. . City of Port Angeles 8.6-2 April 5, 2005 . Any significant problems that may have arisen during the reporting period, with a discussion of the possible effects of these problems on the Contractor's compliance with the Performance Specifications and plans for correcting the problems. . An updated Project Construction Schedule. . . Planned activities for the next monthly period. The Contractor's Authorized Representative shall also be available for weekly Project review meetings with the City's Authorized Representative. The Contractor shall provide the City's Authorized Representative full and complete access to the Project site at any time during construction of the MRWF. 12.3 FACILITY SITING The Contractor shall construct the MRWF within the area designated in accordance with its Technical and Cost Proposal. The Contractor shall coordinate the construction with other construction or operations that may be occurring at the site in a manner that minimizes impacts to other contractors or operators (e.g., water treatment plant, Transfer Station, Co-Composting Facility, shoreline improvements). The MRWF location shall be well coordinated with the Transfer Station Facility and shall .1 consider sharing of Utilities, roads, offices, parking, security and area lighting, and other related features, as well as easy and safe Customer access. It shall be sited so that all Customer vehicles must cross the scales prior to entering or exiting the MRWF. The Contractor is responsible for all design studies, assessments, and engineering calculations required to prepare the site for construction. The City shall provide existing information regarding site conditions, but provides no determination regarding soil or ground conditions within the designated area. Site operations and other construction may change the conditions of the ground between the date of the pre-proposal conference and the start of construction. The Contractor shall be responsible for recognizing and accommodating any changes that may occur, except as set forth in the Service Agreement. The Contractor's Authorized Representative shall receive written authorization from the City's Authorized Representative before designing or developing facilities outside the designated area. 12.4 PERMITTING The Contractor shall be responsible for preparing applications for all federal, state, and local construction permits, licenses and other applicable approvals including up to thirty . City of Port Angeles 8.6-3 April 5, 2005 . . . hours of architecture and engineering services after completing applications. All construction I permit applications shall be submitted to the City's Authorized Representative for review. The City shall be designated as the permit applicant, and shall be responsible for submitting applications, paying fees and providing all information required by regulatory agencies for review processes and approvals. The Contractor's Authorized Representative shall promptly notify the City's Authorized Representative of any delays in the Project Construction Schedule caused by Contractor delays in preparing applications for construction permits. The Contractor shall assume full responsibility for the identification of any and all required regulatory approvals. The Contractor shall submit a list of all anticipated approvals required as part of their Project Development Plan. All mitigation measures, both on-site and off-site, required by the State Environmental Policy Act (SEPA) or other approvals or permits shall be the responsibility of the City, and at the City's expense. The City shall obtain a Solid Waste Handling Facility Permit from the Clallam County Environmental Health Department (CCEHD) before construction begins. Final approval of permit(s) is by CCEHD. A SEPA Environmental Checklist shall be completed by the City. By selecting the Contractor to perform this Service Component, the City does not guarantee that any permit will be secured from the City, County, federal, state or any other local government agencies. 12.5 MRWF DESIGN 12.5.1 Requirements for Design Phase The Contractor shall supply all materials and resources to complete the design in accordance with all applicable requirements set forth in the Performance Specifications and the Moderate-Risk Waste Fixed Facility Guidelines (Ecology Publication No. 92-13). The Contractor shall verify to its own satisfaction any information provided by the City concerning the Facility design, and shall obtain any and all other information necessary to design and construct the MRWF. The Contractor shall be solely responsible for obtaining all surface or subsurface information regarding the design. This shall include, but not be limited to, topographical surveys, soil test borings, geotechnical, hydrological, utility, and other applicable data. If required, the City shall provide any pre-existing environmental c1eanup(s) of the surface or subsurface at the City's sole expense. The Contractor shall have the sole responsibility for design of the Facility such that it conforms to the Performance Specifications and local, state, and federal requirements City of Port Angeles 8.6-4 April 5, 2005 for developing solid waste facilities. The Contractor shall perform all design work in . accordance with Applicable Law, established engineering principles and practices, and applicable code requirements. 12.5.2 Submission, Review, and Approval of Design Materials The Contractor shall comply with the submission, review and approval requirements for the Transfer Station Performance Specifications for the MRWF. 12.5.3 Modifications to Facility Design Specifications The Contractor's or the City's Authorized Representative may propose modifications to the Performance Specifications and City approved design and construction documents. All modifications shall be made in accordance with the Service Agreement. 12.6 FACILITY CONSTRUCTION 12.6.1 Commencement of Construction Construction may commence when the Contractor has obtained the necessary construction permits, when financing has been obtained, and when the City's Authorized Representative has approved the design and construction documents and the Preliminary Operations Plan. The Contractor shall furnish or procure all services, labor, equipment and materials necessary to construct and complete the Facility in its . entirety, and in full working order in accordance with the design and construction documents, laws, the Performance Specifications and the Service Agreement. The Contractor is required to the extent applicable, to procure Labor and Industries permits LI 700-7 and LI 700-29 and abide by the requirements thereof. A Copy of "Statement of Intent to Pay Prevailing Wages" and "Affidavit of Wages Paid" shall be submitted to the City Clerk and Department of Labor and Industries prior to City Acceptance Testing. 12.6.2 Subcontractors The Contractor shall independently verify that each Subcontractor is fully licensed for his or her intended role in the Project. The Contractor will be responsible for ensuring that all Subcontractors are provided with complete information regarding all aspects of the specifications for their part of the Project. 12.6.3 Staffing The Contractor is encouraged to employ local Subcontractors during the Facility construction period. The Contractor shall maintain personnel at the Facility with full authority to make all operating decisions related to Facility construction and Startup . City of Port Angeles 8.6-5 April 5, 2005 . during normal working hours, and shall have key maintenance and operating personnel on-call at all other times. , I 12.6.4 Facility Site Preparation The Contractor shall be responsible for site preparation. All permits for the site preparation shall be the responsibility of the Contractor. Preparation includes but is not limited to: . Site grading. . Extending and connecting Utilities including electrical, water, sanitary sewer, and telecommunications. . Security improvements. 12.6.5 Procurement of Equipment, Components, and Services The Contractor shall manage the procurement of equipment, components, and services, and expedite the procurement as necessary to assure fulfillment of all delivery schedules for subcontracted or purchased equipment and material in accordance with the Project Construction Schedule. The City will not be responsible for materials delivered to the site, if the Contractor or Subcontractor fails to perform under the terms . of the Service Agreement. 12.6.6 Preliminary Operations Plan The Contractor's Authorized Representative shall prepare and submit a Preliminary Operations Plan in accordance with the Project Construction Schedule for the City's Authorized Representative review describing how they will comply with the Performance Specifications. The Preliminary Operations Plan shall describe the sequence of operations and testing to be performed during Startup and Acceptance Testing. The Preliminary Operations Plan will also describe the schedule for Acceptable Moderate- Risk Waste deliveries; phasing in of residential self-haul waste streams; plans for screening and handling of Unacceptable Waste; plans for Acceptable MRW receipt and handling. The Preliminary Operations Plan will describe procedures for conducting Startup and commercial operations in accordance with the Service Agreement. In accordance with its Technical and Cost Proposal, the Contractor's Authorized Representative shall provide a list of all City personnel who will be provided the first right of refusal for employment openings or will be adversely affected under the Service Agreement as part of the Preliminary Operations Plan. The Contractor's Authorized Representative shall submit a Final Operations Plan in accordance with the Project Construction Schedule. . City of Port Angeles 8.6-6 April 5, 2005 12.6.7 Completion of Construction . Upon notification by the Contractor's Authorized Representative, the City's Authorized Representative shall inspect the Facility for completion and conf~rmance to the City approved design plans and specification, construction documents and any City approved modifications. The City's Authorized Representative will review the information and, as appropriate, notify the Contractor's Authorized Representative that construction is approved. At the completion of construction and prior to Startup, the Contractor's Authorized Representative shall prepare and submit 'as-built' drawings and plans for all Contractor-constructed features. 12.6.8 Startup and Acceptance Testing Startup and Acceptance Testing shall commence when the City's Authorized Representative has determined that MRWF construction is complete, and all necessary permits, regulatory approvals, and all other Project permit requirements are satisfied, all equipment is installed, all utility installations are complete, personnel have been trained in commercial operations procedures, MRW acceptance and processing plans are in place, and safety and emergency procedures have been established. Startup and Acceptance Testing shall extend for a period not to exceed 90 days, during which the Contractor shall demonstrate the MRWF meets the requirements of the Performance Specifications, the RFP, and the Service Agreement. The Contractor shall satisfy the City's Authorized Representative that the MRWF is fully operable and . capable of receiving, handling, processing, packaging, and Transporting off-site all Acceptable MRW from residential Customers. The Contractor shall provide all personnel, services, Utilities, equipment, supplies and other elements to carry out and complete the Startup and Acceptance Testing. The Contractor shall operate the MRWF with employees intended to be regularly employed by the Contractor. The City's Authorized Representative and its designated representatives shall have access to the MRWF and will observe Contractor activities during Startup and Acceptance Testing. 12.6.9 Commercial Operations The City's Authorized Representative will authorize the Contractor to begin commercial operations at the MRWF when the City's Authorized Representative, acting reasonably, determines that the Contractor has successfully completed Acceptance Testing and the Contractor's Authorized Representative has submitted and the City's Authorized Representative has approved the Final Operations Plan. . City of Port Angeles 8.6-7 April 5, 2005 . . . . 13.1 FUNCTIONAL REQUIREMENTS 13.1.1 General MRWF Functional and Design Criteria The MRWF is intended to be a dedicated site provided with secondary waste containment that is specifically designed and constructed to collect, treat, recycle, exchange, consolidate, store, and transfer Acceptable MRW. The Facility shall comply with the Ecology's Moderate-Risk Waste Fixed Facility Guidelines as published in Publication No. 92-13 and the Performance Specifications. Design requirements that the Contractor shall meet are as follows: . The MRWF shall be sited so that all Customer vehicles Transporting MRW to the Facility must cross the weight scales upon entering and leaving the site. . The MRWF shall be sturdy and constructed of easily cleanable materials, and provided with secondary containment for all MRW. Secondary containment shall have the capacity for containing ten percent of the total waste quantity that would ever be stored in the area, or 110 percent of the largest container, whichever is greatest. . Areas where flammables and combustibles are handled shall have explosion- proof electrical wiring, fixtures, lights, motors, switches, and other electrical components approved for use in Class I, Division 1 or 2 Fire Areas. . The building shall be constructed of concrete or metal. All overhead doors shall be sized to prevent damage from trucks and other vehicles. Overhead doors shall have motorized operators. . The roof shall have sufficient natural lighting to allow for operations without the need for artificial lighting. However, sufficient artificial lighting shall be installed to provide for off-daylight operations. . Waste handling and storage areas must provide at least 30-inch aisles between rows of containers and allow access for quick and thorough periodic inspections of, and emergency access to, containers. Rows of drums should be no more than two drums wide with labels faced out for easy visibility. . Ventilation should draw or vent from both the tops and bases of facilities for fumes that are lighter or heavier than air. . Customer access shall be restricted while loading MRW for Transport and Disposal. City of Port Angeles 8.6-8 April 5, 2005 . The MRWF shall be designed and constructed to exclude underfloor spaces and underground storage tanks (USTs), except for secondary containment spaces, pipes and/or sumps. . I . The MRWF shall divert run-on water. . The MRWF shall be constructed with impervious surfaces throughout and designed to handle a 24-hour, 25-year storm. Outside paved surfaces shall be concrete to prevent degradation by oil and solvents. Joints shall be minimized and sealed. Concrete surfaces can be degraded by some chemicals, so surface coatings should be considered. . The MRWF shall include pollution control measures to protect air quality including any applicable requirements of the Washington Clean Air Act. . The MRWF shall have a sign located at the primary Customer entrance, readable from a distance of at least 25 feet that identifies the Facility and shows at least the name of the site, hours during which the site is open for Customer use, contact information, and the types of Acceptable MRW. . Interior building areas where MRW is handled shall include floor construction that is liquid tight, provides containment, and be sloped for drainage or provides equivalent engineered control measures. The floor drainage slope should be at least one percent and lead to a secondary containment area. . . The Contractor is strongly encouraged to utilize building materials with recycled content such as steel, cement, concrete, asphalt pavement, wallboard, and landscaping materials. . The MRWF shall include all other functions specifically set forth in the Performance Specifications and the Service Agreement. 13.1.2 Uniform and National Code References Table 8.6-1 summarizes the major uniform and national codes that apply to this Facility. Refer to the codes and to the Moderate-Risk Waste Fixed Facility Guidelines (Ecology Publication No. 92-13) for further guidance. . City of Port Angeles 8.6-9 April 5, 2005 . . . Table B.6-1. Uniform and National Code References Code Reference Section of Special Interest Uniform Building Code Chap 9, Requirements for Group H Occupancies Chap 38; Fire Extinguishing Systems Topics Included Occupancy Division Definitions, Construction, Spills, Containment, Emergency Power, Location on Property, Lighting, Ventilation, Sanitation, Fire Extinguishing Systems. Uniform Medical Code Chap 7, Sect 704; Warm Air Heating Systems, Prohibited Installations Ventilation Equipment and Installation Requirements, Fuel Burning Heating Systems Prohibitions. Chap 11, Ventilation Systems and Product Conveying Systems Uniform Fire Code Article 79, Flammable and Combustible Liquids Article 80, Hazardous Materials Permits, Portable Containers, Fire Protection, Inside and Outside Storage, Piping, Valves, Fittings, Dispensing and Mixing (MRW Handling), Loading and Unloading, Processing, Hazard Classification, Storage Requirements, Handling. Pesticide Storage. Article 86, Pesticide Storage and Display National Electric Code, NFPA 70 Chapter 5, Special Occupancies Classification of Hazardous Locations, Installation and Design of Electrical Equipment. Flammable and Combustible Liquids Code, NFPA 30 Chapter 4, Container and Portable Tank Design, Construction Capacities, Storage Indoor and Outdoor Storage, Fire Control, Protection Requirements, Hazardous Materials Storage Lockers Located Outside. City of Port Angeles B.6-10 April 5, 2005 Table 8.6-1. Uniform and National Code References . Code Reference Section of Special Interest Chapter 5, Operations Topics Included Facility Design, Liquid Handling, Transfer and Use, Fire Prevention and Control. 13.1.3 Design Life and Design Capaci~ The MRWF shall have a minimum design life of 30 years and be designed to easily accommodate expansion during that time period. The MRWF shall be a minimum of 2,000 square feet in size and shall allow for future expansion of floor space and associated expansion needs. 13.1.4 Aesthetic Design and Landscaping Exterior building materials, exterior Facility color, and signage shall be identified in the Contractor's Technical and Cost Proposal, and be consistent with the Transfer Station design criteria. The MRWF design shall include adequate exterior lighting and landscaping for the purposes of creating an aesthetically pleasing site layout. The Contractor shall provide foundation plantings for an aesthetically pleasing appearance. 13.1.5 Safety Planning and Engineering . The MRWF shall be constructed in a fire resistant manner and provided with a fire control system. The equipment shall be tested and installed in accordance with manufacturer's guidelines, and all applicable federal, state, and local requirements. The Contractor shall provide 24-hour monitored alarm service for the installed fire control system. The Contractor shall abide by all local, state, and federal safety engineering requirements. The Contractor shall provide for provision of first-aid stations, emergency medical response for injured staff and Customers, and chemical exposure treatment procedures. 13.1.6 Utilities Electrical power, water, stormwater, sanitary sewer, fiber optics, and telephone Utilities are available at the Landfill site. The Contractor shall extend all required Utilities to the Moderate-Risk Waste Facility. The Contractor shall confirm the location of all utility connection points. The Contractor shall extend the Utilities from the most cost effective point of connection to the MRWF. The Contractor shall provide all utility requirements for the MRWF, including any upgrades, and/or enhancements to the existing utility . City of Port Angeles B.6-11 April 5, 2005 . . . connections. The Contractor shall be responsible for the recurring monthly charges for all Utilities. 13.1.7 Security The Contractor shall provide measures to ensure site security and eliminate unauthorized site access during construction. The Contractor shall repair all damage to the MRWF or its equipment resulting from failure to provide adequate security measures. Sufficient exterior lighting shall be provided to deter unauthorized nighttime access and assist with night inspections of the Facility. 13.1.8 Taxes The City shall be responsible for payment of Washington State excise tax, and City utility tax. The Contractor shall be responsible for payment of all other in accordance with the Service Agreement 13.1.9 Ownership of Equipment All vehicles, equipment, and materials (excluding Appurtenances) proposed for use in performance of the Service Agreement shall be owned by the Contractor, provided that leases or other forms of agreement may be allowed by written approval by the City's Authorized Representative prior to execution of the Service Agreement. Any leases or agreements entered into subsequent to the Service Agreement shall be subject to approval by the City's Authorized Representative prior to the Commencement Date under this Service Component. All such leases or agreements shall be provided in the event the Contractor fails to perform or the default of such lease or agreement. Conditional sales contracts, mortgages, or other agreements for financing the purchase of vehicles and equipment may be allowed if the City's Authorized Representative is satisfied prior to execution, as to the City's rights to take possession of the vehicles equipment, in the event the Contractor fails to perform the Service Agreement or defaults under such lease or agreement under Service Component VI termination default of the Service Agreement. 13.2 FACILITY MANAGEMENT 13.2.1 Data Collection and Reporting Requirements The Contractor shall maintain sufficient records to document the type and quantity of Acceptable MRW received at the MRWF, the source of the MRW (Le., Customer name and address), the container the MRW was received in, and the type and condition of material containers. The Contractor shall maintain records that clearly document the handling, characterization, packaging, processing, storage, and Transport of all Acceptable MRW. City of Port Angeles B.6-12 April 5, 2005 The Contractor's Authorized Representative shall submit monthly reports to the City's Authorized Representative describing the quantities and types of Acceptable MRW received and Transported off-site. The monthly report shall include: . . A summary of the quantities of Acceptable MRW received at the MRWF. . A summary of the characterization reports including any chemical testing and the container types loaded for off-site Transport and Disposal. · All MRW labeling, packing, drum inventories, and current on-site waste inventories. . Copies of the Hazardous Waste manifests for all off-site Transport and Disposal. · Disposal documentation for all Acceptable MRW Transported from the MRWF to the Disposal Site. 13.2.2 Public Information The City will be responsible for all public information documents and/or media releases. The Contractor shall display notices and distribute public information materials to the MRWF Customers at the Transfer Station public information area provided for this purpose. Any information concerning the site or its operations that the Contractor wishes to make available to Customers shall be pre-approved by the City's Authorized . Representative. 13.2.3 Staffing The Contractor shall provide sufficient on-site personnel to ensure efficient management, operation, and maintenance of the MRWF. In order to accommodate staff leaves for sickness and vacation, the Contractor shall ensure that additional personnel are available to provide continuous operation and maintenance of the MRWF. Prior to commencing MRWF commercial operations, the Contractor's Authorized Representative shall provide the City's Authorized Representative a Final Operations Plan that identifies the staff management approach to meet operating requirements. Specifically the Contractor shall provide: . On-site MRW Supervision that shall be responsible for all daily operations and communication with the City. The Supervisor shall be capable of identifying waste characteristics, chemical compatibility of different waste materials, and testing, packaging, handling, and Transport requirements for all accepted wastes. . MRW Operators in sufficient number to provide efficient Customer vehicle unloading, characterization, handling, processing, packaging, and manifesting for Transport and Disposal, and all other management, supervisory, operating or . City of Port Angeles 8.6-13 April 5, 2005 . maintenance work requiring the use of equipment to fulfill the MRWF functional requirements and compliance with the Service Agreement . A medical surveillance program including employee pre-employee physicals, baseline physicals, and annual medical screenings. The Contractor's Final Operations Plan shall anticipate and respond to waste quantity fluctuations, providing sufficient number of personnel to operate the MRWF in full compliance with the Performance Specifications. 13.2.3.1 Qualifications The Contractor shall provide sufficient supervisory and operating personnel at all times, while the MRWF is accepting wastes in accordance with the Service Agreement. The Supervisor shall have a minimum of three years experience operating a MRWF and handling, packaging, processing, and disposing of MRW. The on-site Supervisor shall be able to demonstrate a working knowledge of MRWF operations and MRW handling, including but not limited to a demonstrated understanding and application of: . Chemical compatibilities. . . Chemical exposure routes, toxicological effects, and threshold exposure values. . Personal protective equipment selection. . Personal monitoring equipment. . Safety planning. . Engineering methods to control exposure. . Medical monitoring requirements. . Decontamination. . The Washington Industrial Safety and Health Act. . Emergency response. 13.2.3.2 Training All Contractor staff shall meet all training requirements as specified in Washington Administrative Code (WAC) Chapter 296-24 and recommended training as specified in Ecology Publication 92-13. Staff shall have a minimum of 40 hours of training for . City of Port Angeles 8.6-14 April 5, 2005 hazardous materials or Hazardous Waste handling and the United States Department of . Transportation (US DOT) hazardous materials Transport. All training certifications shall be maintained on-site. Training certifications shall also be provided to the City's Authorized Representative prior to any new staff starting work at the MRWF. 13.3 MRWF OPERATIONS The MRWF hours of operation shall be from 11 :00 am to 4:00 pm every Wednesday and Saturday. 13.3.1 Overview The Contractor shall operate the fixed MRWF in accordance with the Performance Specifications and the following regulatory requirements: . Chapter 173-303 of the WAC - Dangerous Waste Regulations. . Chapter 173-350 of the WAC - Solid Waste Handling Regulations. . Chapter 296-24 of the WAC - General Safety and Health Standards. . Chapter 296-62 of the WAC - General Occupational Health Standards, Vol. 1 and 2. Additionally, the Contractor shall operate the MRWF in a manner consistent with operating principles presented in Ecology Publication No. 92-13 Moderate-Risk Waste Fixed Facility Guidelines. The City will own the MRWF and will be identified as the generator for all Acceptable MRW Transport and Disposal activities. The City's Authorized Representative will provide the Contractor's Authorized Representative an EPA Waste Generator Identification number upon execution of the Service Agreement. The MRWF will operate under a solid waste handling permit issued and administered by the CCEHD. The Contractor shall-be responsible for routine operation of the MRWF, and acceptance, testing, processing, packaging, storage, Transport and final disposition of all Acceptable MRW received at the MRWF. . . CIty of Port Angeles 86-15 April 5, 2005 . 13.3.2 MRW Quantities I The Contractor shall provide materials, supplies, equipment, containers and incidentals necessary to accept MRW. The Contractor shall be prepared to adjust operations to accommodate variations in the actual quantities received at the MRWF. 13.3.3 Final Operations Plan The Final Operations Plan will be submitted to the City's Authorized Representative for approval concurrent with commencement of Startup and Acceptance Testing. The Contractor's Authorized Representative shall address all of the City's Authorized Representative comments on the Preliminary Operations Plan in the Final Operations Plan and shall provide revised plans for MRWF management, operating and maintenance issues identified during Startup and Acceptance Testing. The Final Operations Plan shall also contain a Contingency Plan in the event the MRWF construction is delayed. The MRWF construction and Acceptance Testing requires basic infrastructure such as roads and Utilities to be available and in place. Some measures to be considered could be lease of portable power generation, installation of temporary surfacing pending completion of paving, or use of temporary holding tanks to obtain potable water or hold wastewater. The Final Operations Plan shall, at a minimum, describe the Contractor's approach to . the following activities: . Staffing and hours of operation. . A visitor policy and requirements for visitor safety and supervision . A waste screening and acceptance protocol to preclude and redirect fully regulated dangerous waste generators and excluded waste types. . Procedures for handling each type of Acceptable MRW. . Methods for managing and identifying unknown or Unacceptable Wastes. . A storage plan that clearly segregates incompatible wastes. . Methods for managing wastes that arrive in corroded or leaking containers. . MRW sorting protocols and packing methods. . Inspection and reporting forms. . Equipment maintenance. . City of Port Angeles 8.6-16 April 5, 2005 . Materials inventory requirements. . The Contractor shall include a comprehensive set of contingency operating procedures in their Final Operations Plan that will take effect in the event of interruption of normal operations at the MRWF, including but not limited to: . Fires and explosions. . Release of toxic or hazardous substances. . Work stoppage by the Contractor's employees. . Emergency weather conditions. . Building or equipment failure. . Unknown delivery of Unacceptable Wastes. . Handling wastes from catastrophic events. . Arrangements and agreements (if required) with local emergency response agencies describing the services to be rendered by each agency in the event of an emergency. . A site diagram and description of the location and intended use of all emergency equipment. . . Names, telephone numbers, and addresses of all Persons designated as emergency coordinators by the Contractor. An emergency coordinator shall be at the MRWF, or on-call by telephone or radio within thirty minutes of an emergency. Emergency coordinators shall be familiar with the Operations Plan. The Contractor shall conduct emergency response drills at least twice per year. The City's Authorized Representative shall prepare a response that confirms whether or not the Final Operations Plan was completed in conformance with requirements of the Service Agreement. The response will specify if the Contractor must satisfy any outstanding requirements prior to commercial operations. The City's Authorized Representative's approval of the Final Operations Plan and authorization to commence commercial operations shall not be deemed as the City's approval, or acquiescence to any conditions or Contractor activities that do not conform to Applicable Law, the Performance Specifications, or the Service Agreement, nor shall that review and authorization impose any liability on the City for Contractor errors, omissions, or actions. The City's Authorized Representative's approval of the Final Operations Plan shall in no way relieve the Contractor from adherence to the Performance Specifications and the Service Agreement. The City's Authorized . City of Port Angeles B.6-17 April 5, 2005 . . . Representative will forward the Final Operations Plan to CCEHD for review and approval. CCEHD approval of the Final Operations Plan is required before the Contractor may commence commercial operations. 13.3.4 Acceptable MRW For the purpose of the Performance Specifications, the Contractor shall only receive Acceptable MRW delivered to the MRWF by residential Customers, CESQG are not included. Acceptable MRW only includes the materials identified in Technical and Cost Proposal Form 7.7. The Contractor shall be solely responsible for arranging for the characterization, handling, packaging, Transport, and Disposal for any materials that do not classify as Acceptable MRW. The City will only pay the Contractor a fee for operations and Transport and Disposal of Acceptable MRW. 13.3.5 MRW Acceptance This Performance Specification provides for the acceptance of residential self-haul Acceptable MRW as defined in Chapter 173-350 of the WAC. The Contractor shall be responsible for screening all materials delivered to the MRWF and accepting or rejecting the material in accordance with the MRW Operations Plan. The City's Authorized Representative may at its reasonable discretion designate additional MRW as acceptable; extend hours of MRWF operation, remove MRW from the Acceptable Moderate-Risk Waste list, and/or impose quantity limits for each type of Acceptable MRW. The Contractor shall be solely responsible for all materials accepted at the MRWF, including the handling and processing of any Unacceptable Wastes that may be encountered during MRW acceptance, handling, sorting, processing, or Transport. The Contractor shall have the right to recycle or beneficially reuse any Acceptable Moderate-Risk Waste received at the MRWF. Reuse and recycling methods shall be approved by the City's Authorized Representative prior to the Contractor initiating recycling or reuse of Acceptable MRW. 13.3.6 MRW Handling The Contractor shall provide the following MRW handling services: . Provide appropriately trained personnel to screen, receive, package, manifest, load, Transport, treat, recycle, store, and Dispose of all Acceptable MRW collected at the MRWF. The performance of these services shall be in full compliance with all applicable federal, state and local laws, rules, regulations, and orders. The MRWF shall operate a minimum of five hours per day, two days City of Port Angeles April 5, 2005 8.6-18 per week, additional hours of operation shall be approved in advance by the City's Authorized Representative. . .. Retain copies of tickets issued by the City for each residential load including the type of Acceptable MRW delivered to the Facility. The City may establish a Tip Fee schedule and may collect Disposal Charges for Acceptable MRW at the scale house. · Provide an adequate number of approved containers to properly package all quantities of each waste type listed in the Performance Specifications. · Supply all materials, labels, manifests, documentation, and equipment required for unloading vehicles, and for packaging, storing, loading, Transporting and disposing of collected materials. . Select the appropriate treatment, storage and Disposal Sites for all Acceptable MRW. The site(s) shall be fully permitted, EPA and state environmental agency approved Hazardous Waste treatment, storage and Disposal facilities. . Store Acceptable MRW at the MRWF in accordance with the Moderate-Risk Waste Operations Plan. · To the extent practical, the Contractor shall minimize the number of containers of Acceptable MRW disposed by packing the largest containers prior to packing . smaller containers of compatible materials. . The Contractor shall bulk pack compatible MRW prior to arranging for Disposal, reuse, or recycling to reduce Transport and Disposal costs. . Transport the waste directly to a licensed treatment, storage, and Disposal Site. Signed copies of all manifests shall be returned to the City's Authorized Representative within 45 days. · Maintain record-keeping in sufficient detail to support pay requests and meet Facility reporting requirements as defined in the MRW Operations Plan and the solid waste operating permit. . Provide routine Facility maintenance necessary for upkeep of the MRWF and equipment to meet the Performance Specifications and the requirements of the Service Agreement. . Provide all containers needed to properly handle and store Acceptable MRW. . Segregate wastes by type and chemical compatibility. . City of Port Angeles B.6-19 April 5, 2005 . . . . Provide overpack containers for wastes that arrive in degraded, leaking, or incorllpatible containers. . Provide for the assessment, characterization and testing of unidentified MRW. The Contractor shall be responsible for the processing of all materials received at the MRWF. This includes any chemical testing or laboratory analysis needed to identify waste characteristics. . Respond to leaks or releases of MRW from containers. . Inspect the MRWF weekly and submit monthly inspection reports. . Maintain a current inventory of waste types, locations, and quantities. . Load, Transport, and Dispose of Acceptable MRW in a manner that minimizes costs and maintains adequate storage capacity at the MRWF. . Report on and provide supporting documentation demonstrating proper characterization, Transport and Disposal. . Ensure handling, packaging, processing, loading, Transport and Disposal is performed consistent with all federal, state, and local regulations governing MRW. . Maintain and report on the environmental controls (Le., stormwater collection and treatment, ventilation systems, fire protection, and spill response). . Provide routine maintenance and cleaning of MRW storage and receiving areas to ensure a safe and clean work environment. 13.3.7 MRW Packing and Disposal The Contractor shall provide containers and equipment for the packing and Disposal of all Acceptable Moderate-Risk Wastes received at the MRWF. Any Unacceptable Wastes received at the MRWF shall be packaged and disposed by the Contractor at the Contractor's expense, except as set forth in Section 10 of the Service Agreement. MRW packing requirements include: . Bulk compatible wastes to reduce Transport and Disposal costs. . Organic peroxides and reactives shall be packed in accordance with applicable federal, state and local law. . Acids, bases, oxidizers, and pesticides and poisons shall be lab-packed, except that aerosols in this category shall be loose packed as provided for in federal, state, and local law. City of Port Angeles B 6-20 AprilS, 2005 . The City shall weigh and/or count individual containers of Acceptable MRW at . the scale house or MRWF that will be Transported and disposed of to determine the Contractor's Service Fees unless otherwise mutually agreed upon by the Parties. After weighing and/or counting, the Contractor shall verify the information on the weight ticket or manifest, sign the ticket or manifest, and will receive a copy of the ticket or manifest. The Contractor's packing methods are provided in the Technical and Cost Proposal Form 7.78. The Contractor shall arrange for all Transport and Disposal of all Acceptable Moderate-Risk Wastes received at the MRWF. The Contractor shall manifest all wastes loaded for off-site Transport. Prior to any shipment for Disposal, the Contractor shall provide documentation to the City's Authorized Representative identifying the final Disposal Site for each material or the recycling or reuse site and methods. At the completion of the Disposal activity, the Contractor shall provide the City's Authorized Representative with documentation demonstrating the time, location, and status of Acceptable MRW Disposal. 13.3.8 Safety and Health Program Prior to initiating MRWF operations, the Contractor shall prepare and implement a Safety and Health Program that includes: · Preparation of a safety plan and emergency response plan for all on-site personnel. The safety plan will provide procedures and guidelines for: . ~ Accident prevention. ~ Hazard communications. ~ Respiratory protection. ~ Emergency actions and notifications. ~ Emergency response. . Demonstrated compliance with Chapter 296-24 and 296-62 of the WAC. The safety plan shall also present the Contractor's operations team, lines of communication, job descriptions, health and safety responsibilities, training requirements, and the Contractor's personal medical monitoring program. 13.4 MEASUREMENT AND PAYMENT The Contractor's monthly Service Fee will provide for payment to the Contractor for Moderate-Risk Waste Facility development, operation, and waste Transport and Disposal services rendered in accordance with the Service Agreement. . City of Port Angeles B.6-21 April 5, 2005 Exhibit C Exhibit C . Amortization Schedule Discount Rate 6.00% Transfer Station and MRWF Fixed Monthly Fee $ 62,778.73 Transfer Station and MRWF Total Development and Fixed Facilities Price $ 8,762,703 Transfer Station and MRWF Commercial Operations Date October 2,2006 Fixed Payment Due Date Payment # Monthly Fee Interest Principal Final Payment November 1, 2006 1 $ 62,778.73 $ 43,813.52 $ 18,965.21 $ 8,743,737.79 December 1, 2006 2 62,778.73 43,718.69 19,060.04 8,724,677.75 January 1, 2007 3 62,778.73 43,623.39 19,155.34 8,705,522.42 February 1, 2007 4 62,778.73 43,527.61 19,251.11 8,686,271.30 March 1, 2007 5 62,778.73 43,431.36 19,347.37 8,666,923.93 April 1, 2007 6 62,778.73 43,334.62 19,444.11 8,647,479.83 May 1, 2007 7 62,778.73 43,237.40 19,541.33 8,627,938.50 June 1, 2007 8 62,778.73 43,139.69 19,639.03 8,608,299.47 July 1, 2007 9 62,778.73 43,041.50 19,737.23 8,588,562.24 August 1, 2007 10 62,778.73 42,942.81 19,835.91 8,568,726.32 September 1, 2007 11 62,778.73 42,843.63 19,935.09 8,548,791.23 October 1, 2007 12 62,778.73 42,743.96 20,034.77 8,528,756.46 .-November 1, 2007 13 62,778.73 42,643.78 20,134.94 8,508,621.52 December 1 , 2007 14 62,778.73 42,543.11 20,235.62 8,488,385.90 January 1, 2008 15 62,778.73 42,441.93 20,336.80 8,468,049.10 February 1, 2008 16 62,778.73 42,340.25 20,438.48 8,447,610.62 March 1, 2008 17 62,778.73 42,238.05 20,540.67 8,427,069.95 April 1, 2008 18 62,778.73 42,135.35 20,643.38 8,406,426.57 May 1, 2008 19 62,778.73 42,032.13 20,746.59 8,385,679.98 June 1, 2008 20 62,778.73 41,928.40 20,850.33 8,364,829.65 July 1, 2008 21 62,778.73 41,824.15 20,954.58 8,343,875.07 August 1, 2008 22 62,778.73 41,719.38 21,059.35 8,322,815.72 September 1, 2008 23 62,778.73 41,614.08 21,164.65 8,301,651.08 October 1, 2008 24 62,778.73 41,508.26 21,270.47 8,280,380.61 November 1, 2008 25 62,778.73 41,401.90 21,376.82 8,259,003.78 December 1, 2008 26 62,778.73 41,295.02 21,483.71 8,237,520.08 January 1, 2009 27 62,778.73 41,187.60 21,591.13 8,215,928.95 February 1, 2009 28 62,778.73 41,079.64 21,699.08 8,194,229.87 March 1, 2009 29 62,778.73 40,971.15 21,807.58 8,172,422.29 April 1, 2009 30 62,778.73 40,862.11 21,916.61 8,150,505.68 May 1 , 2009 31 62,778.73 40,752.53 22,026.20 8,128,479.48 June 1,2009 32 62,778.73 40,642.40 22,136.33 8,106,343.15 July 1, 2009 33 62,778.73 40,531.72 22,247.01 8,084,096.14 August 1. 2009 34 62,778.73 40,420.48 22,358.25 8,061,737.90 .september 1, 2009 35 62,778.73 40,308.69 22,470.04 8,039,267.86 City of Port Angeles Page 1 Apnl 5, 2005 Fixed Pa ment Due Date Pa ment # Monthl Fee Interest Princi al Final Pa me October 1, 2009 36 $ 62,778.73 $ 40,196.34 $ 22,582.39 $ 8,016,685.4 November 1, 2009 37 62,778.73 40,083.43 22,695.30 7,993,990.18 December 1, 2009 38 62,778.73 39,969.95 22,808.77 7,971,181.40 January 1, 2010 39 62,778.73 39,855.91 22,922.82 7,948,258.58 February 1, 2010 40 62,778.73 39,741.29 23,037.43 7,925,221.15 March 1,2010 41 62,778.73 39,626.11 23,152.62 7,902,068.53 April 1, 2010 42 62,778.73 39,510.34 23,268.38 7,878,800.15 May1,2010 43 62,778.73 39,394.00 23,384.73 7,855,415.42 June 1,2010 44 62,778.73 39,277.08 23,501.65 7,831,913.77 July 1,2010 45 62,778.73 39,159.57 23,619.16 7,808,294.62 August 1,2010 46 62,778.73 39,041.47 23,737.25 7,784,557.36 September 1, 2010 47 62,778.73 38,922.79 23,855.94 7,760,701.42 October 1, 2010 48 62,778.73 38,803.51 23,975.22 7,736,726.21 November 1, 2010 49 62,778.73 38,683.63 24,095.09 7,712,631.11 December 1, 2010 50 62,778.73 38,563.16 24,215.57 7,688,415.54 January 1, 2011 51 62,778.73 38,442.08 24,336.65 7,664,078.89 February 1, 2011 52 62,778.73 38,320.39 24,458.33 7,639,620.56 March 1,2011 53 62,778.73 38,198.10 24,580.62 7,615,039.94 April 1 ,2011 54 62,778.73 38,075.20 24,703.53 7,590,336.41 May 1, 2011 55 62,778.73 37,951.68 24,827.04 7,565,509.37 June 1, 2011 56 62,778.73 37,827.55 24,951.18 7,540,558.19 July 1, 2011 57 62,778.73 37,702.79 25,075.93 7,515,482.~. August 1, 2011 58 62,778.73 37,577.41 25,201.31 7,490,280.94 September 1, 2011 59 62,778.73 37,451.40 25,327.32 7,464,953.62 October 1, 2011 60 62,778.73 37,324.77 25,453.96 7,439,499.66 November 1, 2011 61 62,778.73 37,197.50 25,581.23 7,413,918.43 December 1, 2011 62 62,778.73 37,069.59 25,709.13 7,388,209.30 January 1, 2012 63 62,778.73 36,941.05 25,837.68 7,362,371.62 February 1, 2012 64 62,778.73 36,811.86 25,966.87 7,336,404.75 March 1, 2012 65 62,778.73 36,682.02 26,096.70 7,310,308.05 April 1, 2012 66 62,778.73 36,551.54 26,227.19 7,284,080.86 May 1, 2012 67 62,778.73 36,420.40 26,358.32 7,257,722.54 June 1, 2012 68 62,778.73 36,288.61 26,490.11 7,231,232.43 July1,2012 69 62,778.73 36,156.16 26,622.56 7,204,609.87 August 1, 2012 70 62,778.73 36,023.05 26,755.68 7,177,854.19 September 1,2012 71 62,778.73 35,889.27 26,889.45 7,150,964.73 October 1, 2012 72 62,778.73 35,754.82 27,023.90 7,123,940.83 November 1, 2012 73 62,778.73 35,619.70 27,159.02 7,096,781.81 December 1, 2012 74 62,778.73 35,483.91 27,294.82 7,069,486.99 January 1, 2013 75 62,778.73 35,347.43 27,431.29 7,042,055.70 February 1, 2013 76 62,778.73 35,210.28 27,568.45 7,014,487.26 March 1, 2013 77 62,778.73 35,072.44 27,706.29 6,986,780.97 April 1, 2013 78 62,778.73 34,933.90 27,844.82 6,958,936.14 May 1, 2013 79 62,778.73 34,794.68 27,984.05 6,930,952.1. City of Port Angeles Page 2 Apnl 5, 2005 'f ,.,! I Fixed . Payment Due Date Payment # Monthly Fee Interest Principal Final Payment June 1,2013 80 $ 62,778.73 $ 34,654.76 $ 28,123.97 $ 6,902,828.13 July1,2013 81 62,778.73 34,514.14 28,264.59 6,874,563.55 August 1, 2013 82 62,778.73 34,372.82 28,405.91 6,846,157.64 September 1, 2013 83 62,778.73 34,230.79 28,547.94 6,817,609.70 October 1, 2013 84 62,778.73 34,088.05 28,690.68 6,788,919.03 November 1, 2013 85 62,778.73 33,944.60 28,834.13 6,760,084.90 December 1, 2013 86 62,778.73. 33,800.42 28,978.30 6,731,106.59 January 1, 2014 87 62,778.73 33,655.53 29,123.19 6,701,983.40 February 1, 2014 88 62,778.73 33,509.92 29,268.81 6,672,714.59 March 1,2014 89 62,778.73 33,363.57 29,415.15 6,643,299.44 April 1 , 2014 90 62,778.73 33,216.50 29,562.23 6,613,737.21 May 1,2014 91 62,778.73 33,068.69 29,710.04 6,584,027.17 June 1,2014 92 62,778.73 32,920.14 29,858.59 6,554,168.58 July 1,2014 93 62,778.73 32,770.84 30,007.88 6,524,160.70 August 1, 2014 94 62,778.73 32,620.80 30,157.92 6,494,002.78 September 1,2014 95 62,778.73 32,470.01 30,308.71 6,463,694.06 October 1,2014 96 62,778.73 32,318.47 30,460.26 6,433,233.81 November 1,2014 97 62,778.73 32,166.17 30,612.56 6,402,621.25 December 1,2014 98 62,778.73 32,013.11 30,765.62 6,371,855.63 January 1, 2015 99 62,778.73 31,859.28 30,919.45 6,340,936.18 February 1, 2015 100 62,778.73 31,704.68 31,074.04 6,309,862.14 .-March 1,2015 101 62,778.73 31,549.31 31,229.42 6,278,632.72 April 1 , 2015 102 62,778.73 31,393.16 31,385.56 6,247,247.16 May 1,2015 103 62,778.73 31,236.24 31,542.49 6,215,704.67 June 1, 2015 104 62,778.73 31,078.52 31,700.20 6,184,004.47 July 1, 2015 105 62,778.73 30,920.02 31,858.70 6,152,145.77 August 1,2015 106 62,778.73 30,760.73 32,018.00 6,120,127.77 September 1, 2015 107 62,778.73 30,600.64 32,178.09 6,087,949.68 October 1, 2015 108 62,778.73 30,439.75 32,338.98 6,055,610.70 November 1,2015 109 62,778.73 30,278.05 32,500.67 6,023,110.03 December 1, 2015 110 62,778.73 30,115.55 32,663.18 5,990,446.86 January 1, 2016 111 62,778.73 29,952.23 32,826.49 5,957,620.36 February 1, 2016 112 62,778.73 29,788.10 32,990.62 5,924,629.74 March 1,2016 113 62,778.73 29,623.15 33,155.58 5,891,474.16 April 1 , 2016 114 62,778.73 29,457.37 33,321.36 5,858,152.81 May 1,2016 115 62,778.73 29,290.76 33,487.96 5,824,664.85 June 1,2016 116 62,778.73 29,123.32 33,655.40 5,791,009.44 July 1,2016 117 62,778.73 28,955.05 33,823.68 5,757,185.77 August 1,2016 118 62,778.73 28,785.93 33,992.80 5,723,192.97 September 1,2016 119 62,778.73 28,615.96 34,162.76 5,689,030.21 October 1, 2016 120 62,778.73 28,445.15 34,333.57 5,654,696.63 November 1, 2016 121 62,778.73 28,273.48 34,505.24 5,620,191.39 . December 1, 2016 122 62,778.73 28,100.96 34,677.77 5,585,513.62 January 1, 2017 123 62,778.73 27,927.57 34,851.16 5,550,662.46 City of Port Angeles Page 3 Apnl 5, 2005 Fixed Payment Due Date Payment # Monthly Fee Interest Principal Final payme. February 1, 2017 124 $ 62,778.73 $ 27,753.31 $ 35,025.41 $ 5,515,637.0 March 1,2017 125 62,778.73 27,578.19 35,200.54 5,480,436.51 April 1 ,2017 126 62,778.73 27,402.18 35,376.54 5,445,059.97 May 1,2017 127 62,778.73 27,225.30 35,553.43 5,409,506.54 June 1,2017 128 62,778.73 27,047.53 35,731.19 5,373,775.35 July 1,2017 129 62,778.73 26,868.88 35,909.85 5,337,865.50 August 1, 2017 130 62,778.73 26,689.33 36,089.40 5,301,776.10 September 1,2017 131 62,778.73 26,508.88 36,269.85 5,265,506.25 October 1, 2017 132 62,778.73 26,327.53 36,451.19 5,229,055.06 November 1, 2017 133 62,778.73 26,145.28 36,633.45 5,192,421.61 December 1, 2017 134 62,778.73 25,962.11 36,816.62 5,155,604.99 January 1, 2018 135 62,778.73 25,778.02 37,000.70 5,118,604.29 February 1, 2018 136 62,778.73 25,593.02 37,185.70 5,081,418.59 March 1, 2018 137 62,778.73 25,407.09 37,371.63 5,044,046.95 April 1 , 2018 138 62,778.73 25,220.23 37,558.49 5,006,488.46 May 1, 2018 139 62,778.73 25,032.44 37,746.28 4,968,742.18 June 1,2018 140 62,778.73 24,843.71 37,935.01 4,930,807.16 July 1,2018 141 62,778.73 24,654.04 38,124.69 4,892,682.47 August 1, 2018 142 62,778.73 24,463.41 38,315.31 4,854,367.16 September 1, 2018 143 62,778.73 24,271.84 38,506.89 4,815,860.27 October 1, 2018 144 62,778.73 24,079.30 38,699.42 4,777,160.85 November 1, 2018 145 62,778.73 23,885.80 38,892.92 4,738,267.~. December 1, 2018 146 62,778.73 23,691.34 39,087.39 4,699,180.54 January 1, 2019 147 62,778.73 23,495.90 39,282.82 4,659,897.71 February 1, 2019 148 62,778.73 23,299.49 39,479.24 4,620,418.48 March 1, 2019 149 62,778.73 23,102.09 39,676.63 4,580,741.84 April 1, 2019 150 62,778.73 22,903.71 39,875.02 4,540,866.83 May 1, 2019 151 62,778.73 22,704.33 40,074.39 4,500,792.44 June 1,2019 152 62,778.73 22,503.96 40,274.76 4,460,517.67 July 1,2019 153 62,778.73 22,302.59 40,476.14 4,420,041.53 August 1, 2019 154 62,778.73 22,100.21 40,678.52 4,379,363.02 September 1, 2019 155 62,778.73 21,896.82 40,881.91 4,338,481.11 October 1,2019 156 62,778.73 21,692.41 41,086.32 4,297,394.78 November 1, 2019 157 62,778.73 21,486.97 41,291.75 4,256,103.03 December 1,2019 158 62,778.73 21,280.52 41,498.21 4,214,604.82 January 1, 2020 159 62,778.73 21,073.02 41,705.70 4,172,899.12 February 1, 2020 160 62,778.73 20,864.50 41,914.23 4,130,984.89 March 1, 2020 161 62,778.73 20,654.92 42,123.80 4,088,861.09 April 1, 2020 162 62,778.73 20,444.31 42,334.42 4,046,526.67 May 1, 2020 163 62,778.73 20,232.63 42,546.09 4,003,980.58 June 1, 2020 164 62,778.73 20,019.90 42,758.82 3,961,221.75 July 1, 2020 165 62,778.73 19,806.11 42,972.62 3,918,249.14 August 1,2020 166 62,778.73 19,591.25 43,187.48 3,875,061.66 September 1, 2020 167 62,778.73 19,375.31 43,403.42 3,831,658.2. City of Port Angeles Page 4 Apnl5,2005 Fixed ,.payment Due Date Payment # Monthly Fee Interest Principal Final Payment October 1, 2020 168 $ 62,778.73 $ 19,158.29 $ 43,620.43 $ 3,788,037.80 November 1, 2020 169 62,778.73 18,940.19 43,838.54 3,744,199.27 December 1, 2020 170 62,778.73 18,721.00 44,057.73 3,700,141.54 January 1, 2021 171 62,778.73 18,500.71 44,278.02 3,655,863.52 February 1,2021 172 62,778.73 18,279.32 44,499.41 3,611,364.11 March 1. 2021 173 62,778.73 18.056.82 44,721.91 3,566,642.21 April 1 , 2021 174 62,778.73 17,833.21 44,945.51 3,521,696.69 May 1,2021 175 62,778.73 17,608.48 45,170.24 3,476,526.45 June 1,2021 176 62,778.73 17,382.63 45,396.09 3,431.130.35 July 1,2021 177 62,778.73 17,155.65 45.623.07 3,385,507.28 August 1,2021 178 62,778.73 16,927.54 45,851.19 3,339,656.09 September 1,2021 179 62,778.73 16,698.28 46,080.45 3,293.575.65 October 1, 2021 180 62,778.73 16,467.88 46,310.85 3,247,264.80 November 1,2021 181 62,778.73 16.236.32 46,542.40 3.200,722.40 December 1, 2021 182 62,778.73 16,003.61 46,775.11 3,153,947.28 January 1, 2022 183 62,778.73 15,769.74 47,008.99 3,106,938.29 February 1. 2022 184 62,778.73 15.534.69 47,244.03 3,059,694.26 March 1, 2022 185 62,778.73 15,298.47 47,480.25 3,012,214.00 April 1, 2022 186 62,778.73 15,061.07 47,717.66 2,964,496.35 May 1 , 2022 187 62,778.73 14,822.48 47,956.24 2,916,540.10 June 1, 2022 188 62,778.73 14,582.70 48,196.03 2,868,344.08 . July 1, 2022 189 62,778.73 14.341.72 48,437.01 2,819.907.07 August 1, 2022 190 62,778.73 14,099.54 48,679.19 2,771.227.88 September 1, 2022 191 62,778.73 13,856.14 48,922.59 2,722,305.30 October 1, 2022 192 62,778.73 13,611.53 49,167.20 2,673,138.10 November 1 , 2022 193 62,778.73 13,365.69 49,413.04 2,623,725.06 December 1, 2022 194 62,778.73 13,118.63 49,660.10 2,574,064.96 January 1, 2023 195 62,778.73 12,870.32 49,908.40 2,524,156.56 February 1, 2023 196 62,778.73 12,620.78 50,157.94 2,473,998.62 March 1, 2023 197 62,778.73 12,369.99 50,408.73 2,423,589.88 April 1, 2023 198 62,778.73 12,117.95 50,660.78 2,372.929.11 May 1, 2023 199 62,778.73 11,864.65 50,914.08 2,322,015.03 June 1, 2023 200 62,778.73 11,610.08 51,168.65 2,270,846.38 July 1, 2023 201 62,778.73 11,354.23 51,424.49 2,219,421.88 August 1, 2023 202 62,778.73 11,097.11 51,681.62 2,167,740.27 September 1, 2023 203 62,778.73 10,838.70 51,940.02 2,115,800.24 October 1, 2023 204 62,778.73 10,579.00 52,199.72 2.063.600.52 November 1, 2023 205 62,778.73 10,318.00 52,460.72 2,011,139.79 December 1. 2023 206 62,778.73 10,055.70 52,723.03 1,958,416.77 January 1, 2024 207 62,778.73 9,792.08 52,986.64 1,905,430.12 February 1, 2024 208 62,778.73 9,527.15 53,251.58 1,852,178.55 March 1, 2024 209 62,778.73 9,260.89 53,517.83 1,798,660.72 April 1, 2024 210 62,778.73 8,993.30 53,785.42 1,744,875.29 .May 1, 2024 211 62,778.73 8,724.38 54.054.35 1,690,820.94 City of Port Angeles Page 5 AprilS, 2005 Fixed Payment Due Date Payment # Monthly Fee Interest Principal Final payme. June 1, 2024 212 $ 62,778.73 $ 8,454.10 $ 54,324.62 $ 1,636,496.3 July 1, 2024 213 62,778.73 8,182.48 54,596.24 1,581,900.08 August 1, 2024 214 62,778.73 7,909.50 54,869.23 1,527,030.85 September 1, 2024 215 62,778.73 7,635.15 55,143.57 1,471,887:28 October 1, 2024 216 - 62,778.73 7,359.44 55,419.29 1,416,467.99 November 1, 2024 217 62,778.73 7,082.34 55,696.39 1,360,771.61 , December 1, 2024- 218 62,778.73 6,803.86 55,974.87 1,304,796.74 January 1, 2025 219 62,778.73 6,523.98 56,254.74 1,248,542.00 February 1, 2025 220 62,778.73 6,242.71 56,536.02 1,192,005.98 March 1, 2025 221 62,778.73 5,960.03 56,818.70 1,135,187.29 April 1, 2025 222 62,778.73 5,675.94 57,102.79 1,078,084.50 May 1, 2025 223 62,778.73 5,390.42 57,388.30 1,020,696.19 June 1, 2025 224 62,778.73 5,103.48 57,675.24 963,020.95 July 1, 2025 225 62,778.73 4,815.10 57,963.62 905,057.33 August 1, 2025 226 62,778.73 4,525.29 58,253.44 846,803.89 September 1, 2025 227 62,778.73 4,234.02 58,544.71 788,259.18 Qctober 1, 2025 228 62,778.73 3,941.30 58,837.43 729,421.75 November 1, 2025 229 62,778.73 3,647.11 59,131.62 670,290.13 December 1, 2025 230 62,778.73 3,351.45 59,427.28 610,862.86 January 1, 2026 231 62,778.73 3,054.31 59,724.41 551,138.45 , February 1, 2026 232 62,778.73 2,755.69 60,023.03 491,115.41 March 1, 2026 233 62,778.73 2,455.58 60,323.15 430,792.2_ April 1 , 2026 234 62,778.73 2,153.96 60,624.76 370,167.50 May 1, 2026 235 62,778.73 1,850.84 60,927.89 309,239.61 June 1, 2026 236 62,778.73 1,546.20 61,232.53 248,007.08 July 1, 2026 237 62,778.73 1,240.04 61,538.69 186,468.39 August 1, 2026 238 62,778.73 932.34 61,846.38 124,622.01 September 1, 2026 239 62,778.73 623.11 62,155.62 62,466.39 October 1 , 2026 240 62,778.73 312.33 62,466.39 (0.00) . City of Port Angeles Page 6 Apnl 5, 2005 4.9 Compo IV City of Port Angeles . 4.9 COMPONENT IV - RECYCLABLE COLLECTION AND PROCESSING 4.9.1 TECHNICAL AND COST PROPOSAL REQUIREMENTS A sIgnificant portion of costs in this component is the purchase of the trucks and containers. We will staff the operation with three (3) recycling drivers, who will be WCWI employees with full benefits. Operating expenses will occur in the normal course of business as described below. WCWI will properly bond and insure the project and operations as required. See also Cost Proposal Form 7.4 in Section 7 for information on the Technical and Cost Proposal for Component IV. 4.9.2 COMPONENT IV (RECYCLABLE COLLECTION AND PROCESSING) 4.9.2.1 Description of the Proposer's Approach to the Operations Plan WCWI hereby incorporates by reference all requirements as set forth in the Recyclables Collection and Processing Performance Specifications contained in Appendix B.4 of the RFP. A detailed operations plan will be developed, submitted and mutually agreed upon by WCWI and the City of Port Angeles prior to contract commencement. Overview of Proposed Collection System Public Outreach / Involvement and Information . WCWI has extensive experience in setting-up and maintammg highly successful residential and commercial recycling programs throughout the Pacific Northwest and across the United States. Please see also Section 6.4 for information on our qualifications in recycling collection programs. WCWI believes that at the heart of every successful and sustainable municipal recycling program is an effective and efficient public education and outreach component that is well thought-out and consistently applied. The best way to ensure the City of Port Angeles' curbside and commercial recycling program meets long-term waste reduction and recycling diversion goals is to consistently provide educational opportunities to all participants. WCWI proposes achieving the highest participation and recovery rates through the following detailed plan. WCWI will supply all residential and commercial customers a comprehensive recycling brochure that describes fully the materials accepted; how to prepare them, and company information should customers have any questions or concerns about the program. Brochures will be made available in multIple languages as mutually agreed upon with the City to help all citizens fully understand how the recycling program works and benefits the environment. WCWI will supply recycling brochures to new recycling customers at the time they sign-up for recycling service and receive their new bins. WCWI will also meet quarterly and annually, or more often at the City's request to assist in increasing recycling participation. We will collaborate with the City to develop and distribute an annual brochure through the City's billings to all customers to keep the benefits of recycling fresh in all participants' mmds. WCWI will provide electronic files in a format acceptable to the City of Port Angeles for all brochure and public outreach materials. Our goal is to answer ALL customer service calls within 30 seconds. ~ r . WCWI will make public outreach materials available regularly at public events such as City Fairs, Juan de Fuca Festival of the Arts, Relay for Life, etc. as well as place ads in local newspapers during the April 5, 2005 Waste Connections of ~I. Washington, Inc. " 4.9-1 City of Port Angeles . program start-up and annually thereafter that describe local recycling opportunities. Please see brochures provided in the binder pocket as a sample ofWCWI materials created to promote community programs .....<---..."'(l WCI will provide a specific __,_._,...._. ..., ..",..,_.~(". website for the City of Port ~i;~;~~~,,:.:;~ ~'~~~~:';';'-",",-L~~ '~~".';;.-::.. Angeles' recyclables collection program based off either the City's Public Works and Utilities Department webpage or our own homepage site, www.wasteconnections.com.This site will present an overview of the City's solid waste collection program, give instructions on how to participate in or make changes in service, provide tips on waste reduction and proper preparation of recyclables, and show timely information such as weather and holiday related schedule changes. Specifically, the site will feature: ~~J:;\l$lM'~m.:d;llt'lJ)l . ~ -, WCWI's Murrey's Olympic Disposal Co., Inc. location at 2548 West 19th Street, Port Angeles, will serve as the business office, customer service support center and truck terminal for the City's curbside residential and commercial recycling collection program. Kent Kovalenko, District Manager will be responsIble for program implementation and overall daily operations. " 'cudomer servk:e ,,'" ''''~~~~,..,~'-'''................~ Quatkma,. CommUb w Coacerna? 1%.Ii::!:~~~~A~n~f1QU t::::~:~:~ ~ ~~-:-~-~::~:~~~'~,~~~~:~'''''-O<-- ~IJI~"lio'41:"A.'tl.o;/l ~ ___;>>.._~-, i't.._..-.. , .."f,J"'-''''''q; . . CollectIOn Day Maps showing boundary streets and days of collection for each area. Maps will focus on residential service, with commercial collection being noted more generally. . Weather / Holiday Service Alerts and make-up schedules . Upcoming Special Collection Events . Establishing or Changing Collection Services . Email to Customer Service Department . Contact information: telephone numbers and other website links Semi-Automated Collection WCWI will utilize one (1) Peterbllt cab-over chassis equipped with dual drive with an Amrep Side-load 20- to 25-yard compactor body (or equivalent) for mixed recyclables to be used for residential and multifamily recycle collections. Recyclables will be emptied from the side of the vehicle body. Each vehicle with a one-person crew can service up to 700 homes per day. The vehicles have a life expectancy of seven to ten years. WCWI will supply a 96-gallon cart to every residential and multi-family customer subscnbing to curbside recycling service at rates as outlined. Collection of commingled recyclables will be conducted on a rotating biweekly basis (every other week) but will maintain the existing day/week schedule for garbage collections performed by the City. All mixed recyclables to include mixed paper, newspaper, cardboard, number #1 and #2 plastics, tin and aluminum would be placed inside the 96 gallon. WCWI does not propose to provide containers or curbside collection of glass. April 5, 2005 Yard debris will be collected using one (1) Peterbllt 320 Cab-over semi-automated side-load collection vehicle with a McNeilus 20 to 25 cubic yard compaction body (or equivalent). WCWI will supply a 96- Waste Connections of ..h. Washington, Inc. """.' 4.9-2 . City of Port Angeles . gallon cart to every residential and multi-famIly customer subscribing to yard debris service at rates as outlined. Yard debris will be collected on a rotatmg biweekly basis (every other week) on the opposite week of the recycling collection, but will maintain the existing day/week schedule for garbage collections performed by the CIty. This alternating schedule will minimize collection vehicle traffic impacts on city str~ets and alleys. All other components as outlined in the current program would remain the same. Please see the attached price proposal forms for pricing. We believe the 96 gallon cart alternative would decrease overall program costs and increase participation and recycling diversion by at least 25%. The cart system provides for the use of semi-automated collection trucks, which are more efficient and will lower on the job injuries incurred by collection personnel. Commercial Cardboard Collection WCWI will utIlize one front-load truck as seen below to service detachable recycling containers from commercial customers. The truck is a Peterbilt cab-over chassis (or equivalent) equipped with a 38-cubic yard front-end load single compartment compactor body. The truck will be loaded from the front/top and compacted. The recyclables will be emptied by gravity from the rear of the vehicle body. Life expectancy is seven to ten years for this equipment. Each vehicle with a one-person crew can service up to 130 businesses per day. The vehicles have a life expectancy of seven to ten years. WCWI will provide all subscribing commercial customers with a metal container for the collection of corrugated cardboard; containers range from two (2) cubic yard up to six (6) cubic yard and will be emptied up to two times per week. Collections shall occur five days per week Monday through Friday from commercial locations in Port Angeles. WCWI will also be able to perform on-call picks from customers requiring additional service. . WCWI staff will be on hand to perform on-site consultations to discuss recycling opportunities available to commercial establishments and to consult on equipment placement at existing locations and enclosure designs to incorporate recycling equipment at new locations. WCWI shall provide metal containers for cardboard recycling to all new commercial accounts upon request within 48 hours or two business days after receipt of verbal notice from the City or customer. Route Management System WCWI will work with the City of Port Angeles and the current contractor in advance of the start date to obtam a complete database of all residential and commercial recycling customer information and establish new account information and collection routes. We wIll directly contact all customers in advance of the contract start-up date to facilitate a smooth program transition. WCWI route sheets are designed to provide collection personnel with relevant customer information including but not limited to, the account name and service address, service level, current account status, and the sequence in which the customers are to be picked up. The route sheets provide space for the driver to note any extras, time not out, rejects, or other problems. All of this information is then entered into the customer's individual account database so that it is available for billing and customer service follow up. . 4.9-3 Waste Connections of 4.h.. Washington, Inc. """'.' April 5, 2005 City of Port Angeles . Drop Off Recycling Facilities WCWI will supply containers and receptacles with sufficient capacity to receive recyclables self-hauled by customers and delivered to the Port Angeles Transfer Station and the Blue Mountain Drop-Off facilities. WCWI will also supply containers to receive glass at up to 3 mutually agreeable locations within the City of Port Angeles. Acceptable recyclables to shall include cardboard, newspaper, mixed paper, tin, aluminum, number #1 and #2 plastics, clear, brown and green glass segregated by color. Roll- off containers ranging from 10 - 50 cubic yard in size will be stationed at each site to accommodate all volumes delivered. Drop-Off facilities containers will be labeled to identify acceptable materials. Pick up of recyclables shall occur during normal site operating hours. WCWI will make a specific pick-up at the Transfer Station site after 2:00 P.M. each Friday to ensure adequate weekend capacity is available to self haul customers. WCWI will utilize one Peterbilt 320 Cab-over roll-off vehicle (or equivalent) to transport mixed and segregated recyclables from the Blue Mountain and Port Angeles Transfer stations recycling facilities. The trucks are equipped with a chain-hoist mechanism designed for servicing 10- to 50-yard containers. They are loaded and emptied from the rear. A one-person crew can service up to 10 to 12 roll-off boxes per day. These vehicles have a life expectancy of seven to eleven years. Project Status Reporting . WCWI will provide monthly status reports to the City within fourteen (14) days of the reporting period, reports shall include but not be limited to a summary of containers and carts delivered to customers, the actual number of customer set-outs for both residential and commercial customer locations, and tonnage summaries for all commodities collected. Reports shall also include tonnage summaries for all recyclable materials delivered to the transfer station and drop-off facilities by self-haul customers. WCWI will furnish copies of weight tickets for all loads of recycled materials in the reporting period. The monthly status report will also include highlights and problems, and measures taken to resolve problems and increase participation. Recycling Processing and Marketing System WCWI owns and operates Tacoma Recycling, a large scale material recovery facility located in Tacoma, Washington. Tacoma Recycling is uniquely situated to take advantage of ocean routes, land routes, and rail and currently ships over 40,000 to 50,000 tons of mixed recyclables annually to secondary markets around the world. The facility operates two pick lines, two balers, and multiple scales and has loading dock space to load up to seven overseas containers at a time. Current operations are conducted with one shift per day. We have ample capacity to handle the City of Port Angeles' volume. WCWI will transport all recyclables collected in drop boxes at the Blue Mountain Drop-off Recycling Facility, the Port Angeles Transfer Station Recycling Facility receiving area, and all recyclables collected in the City of Port Angeles curbside recycling program to the Port Angeles Transfer Station for consolidation into walking-floor trailers. Once consolidated, materials will be shipped to the Tacoma Recycling Material Recovery Facility (MRF) for processing and marketing to end users. Glass collected from the Blue Mountain Drop Off Recycling Facility, the Port Angeles Transfer Station Recycling Facility receiving area, and up to 3 glass drop boxes within the City of Port Angeles will be transported and delivered in roll-off containers to Fibers International's Seattle glass recycling plant for processing. . 4.9-4 Waste Connections of .h. Washington, Inc. ~+,. April 5, 2005 . . . City of Port Angeles 4.9.2.2 Description of the Proposer's Approach to the Contingency Plans The WCWI Contingency Plan will address a variety of contingency scenarios or emergencies that could disrupt normal collection and processing operations. Example scenarios include work stoppages; emergency weather conditions (snow, flooding); impassable roadways; building structural or equipment failure; or power outages (both short and long-term). The Contingency Plan will list the response actions for each scenario. Depending on the type of interruption, response actions could include bringing in management personnel to make pick ups in event of work stoppages and/or redirecting recyclable materials to alternate processing facilities located in Tacoma and Seattle until such time as regular collection and processing can resume. April 5, 2005 Waste Connections of ..hilt Washington, Inc. "'.' 4.9-5 --'-:<. 4.1 0 Compo V City of Port Angeles . 4.10 COMPONENT V - CO-COMPOSTING OPERATIONS 4.10.1 TECHNICAL AND COST PROPOSAL REQUIREMENTS WCWI intends to staff the operation by hiring the City's solid waste operations personnel as provided for in Component 1. Operating expenses will occur in the normal course of business as described in this section. WCWI will properly bond and insure the project and operations as required. The City of Port Angeles currently operates a co-compo sting facility for the processing of yard waste and biosolids, utilizing static pile with positive aeration methodology. The facility produces a Class A co- compost product. WCWI has extensive experience in compost facility operations at its Pierce County facilities including the LRI Compost Factory, the Purdy Road facility, and the Sales Road Facility. 4.10.2 ApPROACH TO OPERATIONS PLAN WCWI will develop an Operations Plan (Plan) for the co-composting facility based on the existing operation practices, the Co-Composting Facility Operations Plan / Quality Assurance Plan, facility permit, and performance specifications included in the RFP. A preliminary Operations Plan will be submitted to the City within 14 calendar days following written notice to proceed from the City. WCWI will commence operations within 30-days following issuance of a wntten acceptance of the Final Operations Plan by the City. WCWI's approach to operations and development of the Operations Plan will use the general outline as follows: . Management and Staffing . 1. Training . Proposed Equipment . Facility Operations 1. Receiving, processing, and curing 2. Aeration system description and routine maintenance requirements 3. Water management (leachate and stormwater) 4. Dust and odor control 5. Compost monitoring and process control (Quality Assurance Quality Control) 6. Health and safety 7. Recordkeeping, reporting, and complIance 8. Permitting 9. Fire Emergency Plan 10. Inspections 11. Storage and space requirements 12. Contingency plan . 4.10-1 Waste Connections of ..hit Washington, Inc. ~+' April 5, 2005 City of Port Angeles . 4.10.2.1 Management and Staffing WCWI anticipates staffing needs will be met through employment of transition personnel upon assuming operations. Appropriate experienced staff will be assigned to co-compo sting operations including the receiving area, compo sting area, and curing area. The Operations Plan will describe tasks associated with these components of the operation and personnel responsibilities. At least one employee that has completed the Washington Organic Recycling Council operator training will provide oversight of operations at the facility, and will be considered the Project Manager. Additional staff may be added should incoming volumes warrant. The final Operations Plan will also describe ongoing training programs for designated co-compost facility staff. WCWI regional engineering staff and local district management will provide support services. 4.10.2.2 Proposed Equipment Detailed specifications for proposed co-compost operations will be provided in the operations plan. An equipment list will be provIded in the Operations Plan which will include manufacturer, model and function. In general, WCWI plans to utilize a loader, mixer, conveyor, and screening equipment for operation of the Co-compost facility. Interchangeable buckets wIll be used on the loader to prevent cross- contamination. Grinding of yard waste will likely be subcontracted to a third party. 4.10.2.3 Facility Operations Receiving, Processing, and Curing (Batch Processing) . WCWI views the Co-Compost facility as consisting of four components; receiving; processing; curing and; finished product storage. The following is a general overview of our approach to operations. The final Operations Plan to be developed by WCWI, will go into greater detail with respect to timing and flow though successive operational bays during the composting process at the Co-Compost Facility. A new receiving area is proposed (see Figure P.9 in Section 4.6) through the construction of a new asphalt pad, possibly with ecology block partitions for segregating incoming waste types. The proposed location for the new receiving area IS east of the existing co-compost facihty and will encompass approximately 4000 square feet. WCWI proposes that all yard waste customers will be designed to allow safe ingress / egress to and from the receiving area. Biosolids from the City's waste water treatment plant wIll be received and stored in available, un-aerated bays (such as bay 11/12) in the co-compost building. The primary objective of the receiving area will be the safe and efficient unloading of incoming yard waste vehicles, and a controlled area for separation of acceptable non-biosolid feedstocks. The receiving area will also be used to remove unacceptable materials such as plastics from the yard waste. The receiving area is designed to facIlitate proper mixing and steady flow into the processing area. Processing will begin with grinding of yard waste with a third party grinder, followed by proper mixmg of feedstocks. Mixing requires a 3: 1 yard waste / biosolids ratio. Grinding and mixing will likely take place in the vicinity bays 8/9. Mixing will be accomplished using the current mixer. Upon completion of grinding and mixing, static piles will be constructed in aerated facility bays ("processing bays") using a loader or conveyor. Bays 6 and 7 are currently designated as aerated processing bays. An insulating cover consisting of finished compost, wood chips, or screenovers will be placed over the pile(s). Upon completion of pile construction, moisture and temperature will be monitored to assure active composting is underway. The Co-Compost operation utilizes and automated monitoring system. All . monitoring information will be recorded to assure achievement of Class A compost quality in accordance 4.10-2 Waste Connections of .h. Washington, Inc. ".,. April 5, 2005 City of Port Angeles . with facility quality control requirements. Upon achieving PFRP and corresponding temperature reduction, the City will be notified for laboratory analysis to confirm Class A criteria. When Class A requirements are achieved, piles will be moved to appropriate "curing bays" for curing. Current curing bays are designated as Nos. 4 and 5. Curing enables stabilization of the compost through a slower decomposition rate. At the conclusion of curing, the compost will be screened, and screen overs will be returned to the process or used for pile cover. Finished compost will be stored in bay 1 or in a segregated area of the new receiving area. WCWI proposes the addition of a new screen such as an Erin Star Screen. The City will be notified for testing to document that the material meets Class A criteria. Aeration System The Operations Plan will provide a discussion of the facility aeration system and required maintenance activities. Optimal operating conditions and controls will also be highlighted and any potentially beneficial modifications proposed. Water Management The operations plan will include a description of water management practices including leachate, or process water, and control of storm water run-off and run-in. The facility currently utilizes a leachate collection system consisting of drains and pipmg to a IOOO-gallon storage tank. The Operations Plan will discuss best management practices to assure proper maintenance and controls are in place and inspected on a routine basis. . Dust and Odor Control The Operations Plan will describe dust control measures which will be a concern primarily in the receiving area where incoming loads may be of low moisture content. Measures included in the sections could include spraying of waste loads upon receipt or while in the receiving area as warranted. The Operations Plan will describe an odor control program. Odors are generated when orgamc material decomposes, especially if anoxic or anaerobic conditions exist. Maintenance measures will be employed as will be described in the final plan. As an example, these measures could include; movement of fresh materials to the pad upon delivery; prevention of the development of anaerobic conditions in the receiving area by efficient movement of material to the processing phase; clean up of spilled materials and; regular cleaning ofthe receiving area. Compost Process Monitoring and Control The compost process requires superviSIOn and control due to potential vanatIOns in feedstock characteristics and the biological nature of the process. The Operations Plan will specify and describe the required sampling and testing protocols, quality assurance / quality control, and reporting requirements. Recommendations of other testing parameters may also be made. This section will also list field monitoring equipment maintained facility. Pnmary monitoring activities will include aeratIOn monitoring, temperature and moisture monitoring, and maintenance of the on-site telemetry system. The Operations Plan will specify monitoring requirements to assure compliance with quality control and permit requirements. Monitoring requirements will be in accordance with the current facility Operations Plan, permit, and regulatory requirements. . 4.10-3 Waste Connections of .hlt Washington, Inc. ~~~ April 5, 2005 . . City of Port Angeles The objective is to produce a Class A compose end product. The plan will also provide monitoring documentation procedures. Temperature monitoring will be conducted using the facility's automated system to assure PFRP requirements are being met, and for timing of pile movement mto curing bays. The City will be notified for sampling and analysis to confirm PFRP requirements have been achieved. Moisture monitoring and management will be conducted immediately after pile construction and throughout the composting process to assure appropriate pile porosity and aerobic conditions. Moisture content is required upon pile construction. Moisture addition, if necessary, will be accomplished using facility hydrants. Upon completion of compo sting, the City will be notified for sampling and acceptance / rejection of final compost product. Additional monitoring requirements will include yard waste inspection to eliminate unacceptable material mixed with yard waste. Inspections will be conducted by observation of in-coming yard waste at the scale house, upon movement of material into the processing area, and upon screemng. Health and Safety The Operations Plan will provide a Co-Composting Heath and Safety Plan. This section will address general safety and safety training requirements. Focus will be placed on safety issues common to compost operations such as visIbility, decontamination, hand washing and protectIve clothing, confined space entry, and general sanitation. The plan will also address safety items such as ammonia levels and allergic reaction to mold spores. Recordkeeping, Reporting and Compliance WCWI will maintain records in accordance with City requirements and regulating agencies. Records will be maintained by WCWI and provided to the City on a monthly basis. These records will include documentation of daily activities, materials management, status of co-compo sting processing, equipment usage, inspections, matters requiring the City's response, records of co-composting product produced and accepted by the City, leachate generation data, and identified operational problems and hIghlights. WCWI's Operations Plan will propose a recordkeeping format and reporting procedures. The majority of records will be maintained by a designated on-site employee under the supervision of the WCWI District Manager or Engineering Manager. Permitting WCWI has an in-house permIttmg management staff that will oversee required permitting efforts including at federal, state, and local level. A list of required permits for all facility development activities and long term operations will be developed by WCWI engineenng staff and provided to the City. WCWI will develop a permit renewal and management schedule to assure complete permitting and timeliness in renewal activities. Coordination with the City will be maintamed at all times in permitting actIvities. Fire Emergency Plan The Operations Plan will include fire emergency response requirements. Fire prevention, identification of sources, response procedures, and notification requirements will be, addressed. Inspections The facility is equipped with an automated compost monitoring system which will be checked daily. Facility inspections will be conducted weekly by the Project Manager. The Operations Plan will specify . and inspection program that will include procedures, documentation, and reporting. April5,2005 Waste Connections of ..h. Washington, Inc. ".,.. 4.10-4 . . . City of Port Angeles 4.10.2.4 Storage and Space Requirements Feedstock: WCWI anticipates the storage of biosolids in existing facility bay No. 11/12. Based on biosolids generation rates provided by the City, bay 11/12 has adequate storage capacIty. Incoming yard waste will be stored on receiving area to be constructed immediately east of the compost facility. Contingent yard waste storage capacity may include bay 10. Bays 7 through 4 will be utilized for processing and curing. Finished Compost: Finsihed product will be stored in available bays within the Co-Composting building. After screening, finished product will be stored primarily in bay 1 with overflow capacity in bay 2. Storage operations will emphasize the need for distant separation of finished product from feedstock and processmg. Equipment: Equipment used for the Co-Compo sting operation will be stored either in available, unused bays in the Co-compo sting or in the vicinity of the receiving area. 4.10.2.5 Approach to Contingency Plans The WCWI Contingency Plan wIll address a variety of contingency scenarios or emergencies that could disrupt normal co-compo sting operations. The overall objective is to return processing and handling operations to normal as soon as possible. Example scenarios include fire; explosion; release of toxic or hazardous substances; work stoppage by WCWI employees or non-affiliated parties; emergency weather conditions (snow, flooding); impassable roadways; building structural or equipment failure; power outages (both short and long-term); discovery of the receipt of unacceptable wastes; handling of disaster wastes; etc. The Contingency Plan will list the response actions for each scenario. Depending on the type of interruption to onsite co-compo sting operation, WCWI will determine if offsite processing of compostables is necessary. If it is determined that the Port Angeles co-composting operation is incapable of receiving and processing compostables for a period of time greater than outlined in WCWI's plan of operations, the WCWI will load incoming yard debris into walking floor trailers for transport to WCWI's LRI Purdy, Washington composting facility for processing on a temporary basis until such time the Port Angeles co-composting facility operations can be restored. April 5, 2005 Waste Connections of 4.h. Washington, Inc. "'+' 4.10-5 4.11 Camp VI City of Port Angeles . 4.11 COMPONENT VI - MRWF DEVELOPMENT 4.11.1 TECHNICAL AND COST PROPOSAL REQUIREMENTS WCWI will provide management and staffing for a Moderate Risk Waste Facility (MRWF) to be constructed at the PALF as part of overall facility development. The MRWF will be a fully enclosed building, constructed in accordance with the Moderate-Risk Waste Fixed Facility Guidelines (Department of Ecology Publication No. 92-13, updated 1993 and 1995). WCWI will provide trained staff, equipment, and supplies to assure the safe operation of the MRWF. WCWI intends to staff the operation by hiring the City's solid waste operations personnel as provided for in Component I. WCWI will manage screening, packaging, testing, and manifesting for off-site transport and recycling, treatment, or disposal at an approved facility. The facility is designed to aesthetically match other structures to be constructed at the facility. Roadway layout and proposed traffic patterns have been developed to accommodate safe and efficient operations of the MRWF as well as all other facility operations. Please see also Technical and Cost Proposal forms 7.7B. See also Section 4.6 figures P-l through P-9 and site figures. 4.11.2 ApPROACH TO OPERATIONS PLAN WCWI approach to operations at the MRWF will utilize the following general outline: . Management Oversight and Staffing . Facility Layout . . Operational Requirements . Health and Safety . Transportation and Disposal . Contingency Plan . Forms and Inspections and Reporting The following sections provide a brief overview of WCWI's approach to operations and content of the Final Operations Plan. The MRWF Operations Plan will be developed in consultation with Philips Service Corporation (discussed below). 4.11.2.1 Management Oversight and Staffing WCWI will utilize the services of Philips Service Corporation (PSC) in the training, oversight assistance, transport, and disposal of collected MRW materials. The PSC - HHW Services Group has been in operation since 1985, and is the largest HHW contractor in the Pacific Northwest. PSC manages HHW programs in multiple counties within the state of Washington, and provides a hazardous waste transportation group, as well as hazardous waste treatment facilities throughout the United States. PSC will provide training of designated facility personnel in the operation of the facility, and regular follow-up site visits for facility personnel support and monitoring. PSC training will emphasize proper chemical segregation, incompatibility, unstable chemicals, explosives, labpacking, and health and safety. WCWI District Manager - responsible for oversight of all aspects of MR WF operations. <. 4.12-1 Waste Connections of ..hit. Washington, Inc. ".' April 5, 2005 . . . City of Port Angeles WCWI Program Manager / Un/oader / Sorter - responsible for day-to-day MRWF operations including general labor, staffing needs, maintenance functions, vehicle unloading, sorting waste, labpacking, drum labeling, material consolidatIon, and general maintenance as required. PSC Support Manager - responsible for initial training and long- term oversight support. Contact information and an organizational chart will be provided as part of the final Operations Plan for operation of the MRWF. 4.11.2.2 Facility Layout The MRWF will consist of an enclosed building at least 2000 SF in size. Construction materials will be concrete and metal and will aesthetically match building materials utilized for other facility structures. (See drawing P6) The floor will consist of a sealed concrete slab with drainage to secondary containment. The MRWF will be located on a paved lot at the Northern limit of the proposed facIlity, beyond the facility scale location. The site layout consists of an unloading zone, sorting area, labpack area, and bulking area. Primary traffic ingress / egress to the MRWF will be from the west side of the building. Customers arriving with materials for disposal, will be met at the unloading area by the WCWI Program Manager or designee, and directed to a vehicle queuing area, which will be marked with directional signs and cones. 4.11.2.3 Operational Requirements WCWI's approach to operations and development of a Final Operations Plan will include detailed description of staff positions, position requirements, and requirements for personnel which make up the staff at the MRWF. Our approach to operations and development of the operating will be generally consistent with the following outline: . Unloading Procedures . Procedures for Handling Unacceptable Material . Waste Sorting Procedures . Labpack Area . Spill Control/Clean-up Procedures Unloading Procedures The Operations Plan will describe traffic flow and control to maximize safety to staff and facility users. Staff will be responsible for unloading vehicles and will control traffic such that one vehicle at a time is being unloading at a time. Other vehicles waiting to unload will be staged away from the unloading area until staff is ready to signal them forward. The unloadmg area will consist of a canopy area over the building entrance and within the building as well, depending on the nature and size of the load. No vehicles will be allowed inside the building when flammable containers are being consolidated. In addition, only vehicles arriving to dIspense loads of MRW material will be allowed within the facility confines. Unloading staff will greet arriving participants, direct participant's vehicular movement within the facility, ask questions related to the nature of the waste, and unload waste materials. In addition, personnel handling unloading will communicate any waste packaging hazards to sorting personnel. Unloading procedures in the final Operations Plan will also address hazard avoidance during unloading Waste Connections of .h. Washington, Inc. "+" April 5, 2005 4.12-2 . . . City of Port Angeles such as back strain, heat/cold stress, and skin contact. Depending on incoming volume, a separate unloading and sorting (discussed below) personnel may be required Procedures for Handling Unacceptable Waste The Operations Plan will address procedures for load inspections and actions to take in the event unacceptable wastes are encountered. Procedures will include notification requirements and response actions depending on the nature of the waste material. Response actions will vary depending on unacceptable waste type. Certain wastes received at the MRWF may be acceptable at the transfer station (such as an inadvertent load of MSW), and in such cases the waste can be re-directed accordingly. Other waste types however, may require isolation and the assistance of other agencies in proper disposal, such as ammunition. The final Operations plan will expand upon these areas and describe inspectIOn procedures, response procedures for specific waste types, and list unacceptable waste types to watch for. Waste Sorting Waste sorting procedures will be identified in the Operations Plan to assure that all waste is removed from unloading carts and placed in the appropriate processing areas. The Operations Plan will designate processing areas such as antifreeze, latex paint, oil base paint, solvents, etc. and specific procedures for handling, processing, and bulking, as applicable to the various MRW materials received. Labpack Area The labpack area is where most hazardous and chemicals are packed. Unclassified chemicals are also identified in this area. In addition, packaging and labeling in accordance with D.O.T requirements is conducted in the labpack area. The labpack area is designed to maxImize space and organization and to minimize the chance of contact between incompatible chemicals. The Operations Plan will expand upon labpack instructions including identification of unclassified chemicals, drum packing, drum closing, and drum handling procedures. Spill Control and Clean-up Procedures The MRWF is designed with a sealed floor and secondary containment. Spill kits will also be required. The Operations Plan will provide a spill prevention and response plan for spill response under various scenarios including spills in transit and within the MRWF facility. Procedures for prevention and clean-up will be expanded upon in the Operations Plan as certain spill scenarios may require the assistance of off- site agencies. The final plan will assess on-site clean-up and response capabilities. The spill plan will provide emergency response procedures, emergency contacts, and spill reporting requirements. 4.11.2.4 Heath and Safety Plan The MRWF Health and Safety Plan will be a stand alone document and will be a part ofMRWF traimng. The Health and Safety Plan will consist of the following areas: . Description of the Project . Site Characterization . SIte Safety and Health Responsibility . Risk Analysis by Task & Associated Personnel Protective Equipment (PPE) April 5, 2005 Waste Connections of ..hit Washington, Inc. ".' 4.12-3 . . . City of Port Angeles . AddItional PPE (Emergency) . Training Requirements . Medical Surveillance . Air Monitoring . Decontamination Procedures . Emergency Response Plan 4.11.2.5 Transportation and Disposal Any transportation services for the MRWF will be done in-house by PSC. Since 1969, PSC has been building one of this country's safest hazardous waste transportation groups. The National Safety Council has acknowledged this fleet for its safety record since 1989. PSC transport a variety of hazardous and non-hazardous materials including all types of HHW, acids, bases, sludges, cyanide, oil, wastewaters, PCBs, solvents, dirt demolition debris, and drums containing all types of wastestreams. Our fleet has a broad spectrum of resources and equipment available to provide the exact fit that is needed to efficiently complete transportation needs of our customers. In consultation with PSC, the MRWF Operations Plan wIll designate likely transportation schedules, frequency and vehicle type to be used depending on waste types and volumes. The Operations Plan will also describe the disposal/treatment facility options. 4.11.2.6 Contingency Plan In the event of extended interruption of normal Transfer Station operations, PSC will provide off-site mobile HHW collection services to the Port Angeles community. PSC has been providing mobile HHW services to the Clallam County Department of Community Development since 1994 and is fully capable of providing necessary supplies, staff and transportation for emergency collection services. Past collection events have been held in the Wal-Mart parking lot, though PSC is capable of safely providing mobile HHW collections at any flat paved surface in the County. PSC is contracted through the W A State Department of Ecology's Emergency Response contract and can be activated under emergency response timeframes. April 5, 2005 Waste Connections of .hllt Washington, Inc. ~+" 4.12-4 5 0 Guarantees & Warranties Form 5.1 ,,} "\" .<~;: " ;: . . CITY OF PORT ANGELES SOLID WASTE PROCESSING FACILITY DEVELOPMENT AND MANAGEMENT SERVICES FORM 5.1 - December 16, 2004 TECHNICAL AND COST PROPOSAL ACKNOWLEDGEMENT OF ADDENDUM ADDENDUM DATE OF RECEIPT OF NUMBER ADDENDUM 1 August3,2004 2 August 13, 2004 3 August 31,2004 4 September 1, 2004 5 September 17, 2004 6 October 1, 2004 7 October 8, 2004 8 October 19, 2004 9 October 20,2004 10 November 19, 2004 SIGNED ACKNOWLEDGEMENT December 16,2004 Waste Connections of Washinqton. Inc. Legal Name of Proposer P-1 ~ _:" Form 5.2 . . . .. . ....i,l/t CITY OF PORT ANGELES SOLID WASTE PROCESSING FACILITY DEVELOPMENT AND MANAGEMENT SERVICES FORM 5.2 - September 17, 2004 TECHNICAL AND COST PROPOSAL GUARANTEES AND WARRANTEES SIGNATURE OF PROPOSER The name of the Proposer that is submitting this Technical and Cost Proposal is: Waste Connections of Washinqton. Inc. doing business at: 2916 10ih Street S. Street Lakewood City WA State 98499 Zip Code which is the address to which all communications concerning this Technical and Cost Proposal, and the Service Agreement shall be sent. The names of the principal officers of the corporation submitting this Technical and Cost Proposal, or of the partnership, or of all persons interested in this Technical and Cost Proposal as principals are as follows: Ron Mittelstaedt, CEO Worthinq Jackman, CFO Steve Bouck. President Robert Evans, Secretary Darrell Chambliss. COO If the proposed firm is a partnership, attach to this form a copy of the partnership agreement. If the Proposer is a corporation, attach to this form copies of its articles of incorporation, bylaws, and certificate of good standing, as certified by the Secretary of the Board of Directors. The undersigned declares that the enclosed Technical and Cost Proposal contains a true and accurate representation of the Proposer's cost, that no changes to the terms and conditions of the Technical and Cost Proposal Forms were made by the undersigned, and that the undersigned agrees to provide the warranties and guarantees required in Section 5.0 of the RFP. 10/28 ,2004 Waste Connections of Washinqton. Inc Legal Name of Proposer P-2 . . . '. CITY OF PORT ANGELES SOLID WASTE PROCESSING FACILITY DEVELOPMENT AND MANAGEMENT SERVICES FORM 5.2 Continuation - September 17,2004 TECHNICAL AND COST PROPOSAL GUARANTEES AND WARRANTEES If Sole Proprietor or Partnership IN WITNESS hereto the undersigned has set its hand this ,20 Signature of Proposer day of Title If Corporation IN WITNESS whereof the undersigne~h corporation has caused this instrument to be executed by its duly authorized officers this 28 day of October ,4 . , ~~ Waste Connections of WashinQton. Inc. Ronald Mit elsta Name of Corporation y Chief Executive Officer Title STATE OF WASHINGTON STATE OF WASHINGTON COUNTY OF ) ) ss. ) ) ss. ) See attached California All-Purpose Acknowledgment I certify that I know or have satisfactory evidenc hat , IS the person who appeared before me, and said perso cknowledged that he signed this Instrument, on oath stated that he was authorized to exe e the instrument and acknowledged it as the of , Inc., to be the free and voluntary act and deed of said corporation, for t e uses an ereln mentioned. 10/28 ,2004 day of ,20_, (signature) (type or print name) NOTARY PUBLIC in and for the State of Washington, residing at P-3 Waste Connections of Washmqton, Inc Legal Name of Proposer k' ~ CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT . . . State of cP \; fo f ("\',~ County of S~c.r~m '€n-e.. On 2.g before me, {)~sj No C} r DATE NAME, TITLE OF 0 ICER - E G , personally appeared .Jicn~ld H;-+bl S+N~ +- ~ ~ME(S)O~ER(S) ~personally known to me - OR - D proved to me on the basis of satisfactory evidence to be the person(~) whose name~)@ace subscribed to the within instrument and ac- knowledged to me that@s~/tl')ey executed the same in ~/~r/t~ir authorized capacity(ie\rj, and that by C!lli:n~r/t~r signature(~ on the instrument the person(~, or the entity upon behalf of which the person~) acted, executed the instrument. . GALE M ROSSI t ~_.. CommisSion # 1326300 ' ~ ';( .,,; Notary Public - California ~ ~ . Sacramento ^,~ounty , My eomm. Expires Oct 21. 2005 No 5907 b Ii Co. WITNESS my hand and official seal. ~~~~ SIGNATURE OF NOTARY OPTIONAL Though the data below IS not required by law, It may prove valuable to persons relYing on the document and could prevent fraudulent reattachment of this form CAPACITY CLAIMED BY SIGNER g I~IVIDUAL ~ORPORATE OFFICER ~ ':'AL EX e.f!.J.(-H\) L rL'f}. Co e y ~ "tffiLE(S) ~ D PARTNER(S) D LIMITED D GENERAL D ATTORNEY-IN-FACT D TRUSTEE(S) D GUARDIAN/CONSERVATOR D OTHER: SIGNER IS REPRESENTING: ~~~;\:~, of DESCRIPTION OF ATTACHED DOCUMENT GUdra~p~"'l- W N.nra~e.e <;. TIT E OR TYPE OF DOCUMENT Q.. NUMBER OF PAGES 101 ~<:( I oc.f DATE OF DOCUMENT Kobert. Ev~~ SIGNER(S) OTHER THAN NAMED ABOVE @1993 NATIONAL NOTARY ASSOCIATION. 8236 Remmel Ave, POBox 7184. Canoga Park, CA 91309-7184 . J .~ .. . . . CITY OF PORT ANGELES SOLID WASTE PROCESSING FACILITY DEVELOPMENT AND MANAGEMENT SERVICES FORM 5.2 Continuation - September 17,2004 TECHNICAL AND COST PROPOSAL PARENT COMPANY GUARANTEE The Parent Company of the Proposer is familiar with all guarantees and warranties indicated in this Technical and Cost Proposal form, and set out fully in Section 5.0 of the RFP, is familiar with and unconditionally guarantees all obligations of the Proposer under this RFP, and will unconditionally guarantee the obligations of the Proposer under the Service Agreement. IN WITNESS whereof the undersigned corporation has caused this instrument to be executed by its duly authorized officers thiS 28th day of October , 004 ~ Ronald Mi tel By Waste Connections. Inc. Name of Corporation Chief Executive Officer Title Robert Evans Attest (Secretary) STATE OF WASHINGTON ) ) ss. STATE OF WASHINGTON See attached California All-Purpose Acknowledgment ) ss. COUNTY OF I certify that I know or have satisfactory evidenc hat , is the person who appeared before me, and said perso acknowledged that he signed this instrument, on oath stated that he was authorized to ex ute the instrument and acknowledged It as the of , Inc., to be the free and voluntary act and deed of said corporation, for the uses and pur ses therein mentioned. Given under my hand and offici seal this day of ,20_ (signature) (type or print name) NOTARY PUBLIC in and for the State of Washington, residing at 10/28 ,2004 Waste Connections of Washinqton. Inc Legal Name of Proposer P-4 .. '" . . . CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT No 5907 State of C-a ~(" n " .;L County of ~C'COxY'\~:t9 On ~be..r- '2.~, 'l..Dotl before me, H~oSS; J\:) DATE NAME, TITLE OF OFFICER - E G, "JA personally appeared ~Or'\~ \d \-t\\-\+eJ\ s~~d .\- ~ ~E(S) OF 1i6HER(S) ~ersonally known to me - OR - D proved to me on the basis of satisfactory evidence to be the person~) whose nameOO ~ subscribed to the within instrument and ac- knowledged to me tha~~/~y executed the same in ~tw/~ir authorized capacity(~), and that by ~tre.r/t~r signature(~ on the instrument the person~), or the entity upon behalf of which the personM acted, executed the instrument. J........~............~........~~..... ~ " GALEM ROSSI . Cornrni$slon # 1326300 ~ i f'fIt Notary Public. California ~ t Sacramento, County l ' ~ CcImm- ExpIres- Oct 210 2005 ............_-~......_......._---- WITNESS my hand and official seal. ~C\O~~~ SIGNATURE OF NOTARY OPTIONAL Though the data below IS not required by law, It may prove valuable to persons relymg on the document and could prevent fraudulent reattachment of this form. CAPACITY CLAIMED BY SIGNER D INDIVIDUAL ~RPORATE OFFICER ~ ,-" ~' o l::...I\ e u e.. TITLE( DESCRIPTION OF ATTACHED DOCUMENT cff Cel l1re~~~~ G~~(Q~~ ITlE OR T OF DOCUMEN D PARTNER(S) D LIMITED D GENERAL I NUMBER OF PAGES D ATTORNEY-IN-FACT D TRUSTEE(S) D GUARDIAN/CONSERVATOR D OTHER: ~ ATE F DOCUMENT SIGNER IS REPRESENTING: NAME OF PERSON(S) OR ENTITY(IES) ~ 0or"\nec:..-tol\.~. \Y\c... u S THER THAN NAMED ABOVE @1993 NATIONAL NOTARY ASSOCIATION. 8236 Remmel Ave, POBox 7184. Canoga Park, CA 91309-7184 11iiIIiI!t1.~.Un.'" ~ EVERGREEN FLEXIBLE BONOING SOLUTIONS 6140 Parkland Blvd SUite #300 Mayfield Hts, OH 44124 phone 440-995-5100 fax 440-995-5101 toll free 800-641-9222 October 27, 2004 City of Port Angeles P. O. Box 1150 Port Angeles, Washington 98362 To Whom It May Concern: We have reviewed the Proposal of Waste Connections of Washington, Inc., For the contract: Solid Waste Processing Facility Development and Management Services . We understand that Proposals will be received on October 29, 2004 on the above project, and wish to advise that should this Proposal be accepted and the Contract awarded to Waste Connections of Washington, Inc., Evergreen National Indemnity Company intends to provide the required Performance Bonds. The issuance of the surety bonds is conditioned upon Waste Connections of Washington, Inc., continuing to meet all of Evergreen's underwriting guidelines and final reinsurer approval. Any arrangement for the Bonds required by the Contract is a matter between Waste Connections of Washington, Inc., and the Surety and we assume no liability to the owner or third parties if for any reason we do not execute the requisite bonds. Evergreen National Indemnity Company is a 570 Circular Treasury Listed company, with an A- A.M. Best Rating and duly licensed to do business in the State of Washington. By: E o () '" "0 c o 1l c (i) (i) 0, Iii > (i) @ o 'I- !; . 6 ~ LU Web "'e ~ eve,g,eenbonmcom _ ~ EVERGREEN NATIONAL INDEMNITY COMPANY COLUMBUS, OHIO POWER OF ATTORNEY eRlNCIPAL Waste Connections of Washington, Inc. CONTRACT AMOUNT EFFECTIVE DATE October 27, 2004 AMOUNT OF BOND $ N/ A POWER NO. KNOW ALL MEN BY THESE PRESENTS That the Evergreen NatIOnal Indemmty Company, a corporatIOn m the State of OhIO does hereby nommate, constItute and appomt Kathy J Goe, Mana Jackson, Kathleen P Pnce, PatncIa A Temple and NIcole Skedel Its true and lawful Attomey(s)- In-Fact to make, execute, attest, seal and deliver for and on Its behalf, as Surety, and as Its act and deed, where reqUired, any and all bonds, undertakmgs, recognIzances and wntten obligatIOns m the nature thereof, PROVIDED, however, that the obligatIOn of the Company under thIS Power of Attorney shall not exceed One Million FIVe Hundred Thousand Dollars ($1,500,000 00). ThIS Power of Attorney IS granted and IS sIgned by facsImIle pursuant to the followmg ResolutIOn adopted by ItS Board of DIrectors on the 23rd day of February, 1994 "RESOLVED, That any two officers of the Company have the authOrIty to make, execute and deliver a Power of Attorney conshtutmg as Attorney(s)- m-fact such persons, firms, or corporat10ns as may be selected from hme to hme FURTHER RESOLVED, that the s1gnatures of such officers and the Seal of the Company may be affixed to any such Power of Attomey or any certIficate relatmg thereto by faCSimIle, and any such Power of Attorney or certIficate bearmg such facs1mlle SIgnatures or faCSImile seal shall be val1d and bmdmg upon the Company, and any such powers so executed and certified by faCSimIle SIgnatures and faCSimIle seal shall be val1d and bmdmg upon the Company m the future WIth respect to any bond or undertakmg to which 1t IS attached" IN WITNESS WHEREOF, the Evergreen NatIOnal Indemmty Company has caused ItS corporate seal to be affixed hereunto, and these presents to be SIgned by ItS duly authOrIzed officers th1s 27th day of August, 2001 . ~O~~ ( ~~~~~~,\'l:-1. l~ ........ g, \ ~ SEAL iJ \\~ 1919 ~/ ,. '" OHIO;'/ ''''''''''----- EVERGREEN NATIONAL INDEMNITY COMPANY /lwei cUd! Roswell P ElliS, PreSIdent .-----?~ Glenn D Southwick, Treasurer Notary Public) State of OhIO) SS' On thIS 27th day of August, 2001, before the subscnber, a Notary for the State of OhIO, duly COmInISSlOned and qualified, personally came Roswell P EllIS and Glenn D SouthWIck of the Evergreen NatlOnal Indemmty Company, to me personally known to be the mdIvIduals and officers descnbed herem, and who executed the precedmg mstrument and acknowledged the executIOn of the same and bemg by me duly sworn, deposed and saId that they are the officers of saId Company aforeSaid, and that the seal affixed to the precedmg mstrument IS the Corporate Seal of saId Company, and the saId Corporate Seal and SIgnatures as officers were duly affixed and subscribed to the Said mstrument by the authonty and directIOn of saId CorporatIOn. and that the resolutIOn of sa1d Company, referred to m the precedmg mstrument, IS now m force IN TESTIMONY WHEREOF, I have hereunto set my hand and affixed my offic1al seal at Columbus, OhIO, the day and year above written ~'iU C ~ SAC sueeDUffY ~ HOT~VP'J!3UC,!IT"TEOFaro . '.,p IIYCQIJIISSIOOEX_I.UG.~2004 ~1i0i'5' Notary Public State of OhIO My CommISSIOn expIres August 6, 2004 State of Ohio) SS' I, the underSIgned, Secretary of the Evergreen NatIOnal Indemmty Company, a stock corporatIOn of the State of OhIO, DO HEREBY CERTIFY that the foregomg Power of Attorney remams m full force and has not been revoked; and furthermore that the ResolutIOn of the Board of DIrectors, set forth herem above, IS now III force SIgned and sealed in Columbus, OhIO thIS 27.t~ day of October 2004 . ~~~ !~r:;~;;RA~~(~ '1:-1\1. \ au ...... ("l, IWS'1l'AL~1 \ ca Is:. ~ \ \~ "-!19.~' ~ "\... '" OHIO" .......- 9/):p~ John A. Marazza, Secretary Any reproductIOn or faCSimIle of this form IS VOId and mvahd pr&. ~- ~ S1'ATES OF A.b 1{~v ~r"l!}h ~~~ . ." .~: .(l() ~e i>tate of . .(~~:~~j)). Wa;bington Secretary of State I, SAM REED, Secretary of State of the State of Washington and custodian of its seal, hereby issue this CERTIFICATE OF EXISTENCE/AUTHORIZATION OF WASTE CONNECTIONS OF WASHINGTON, INC. I FURTHER CERTIFY that the records on file in this office show that the above named Profit Corporation was formed under the laws of the State of W A and was issued a Certificate Of Incorporation in Washington on 2/22/1983. I FURTHER CERTIFY that as of the date of this certificate, WASTE CONNECTIONS OF I WASHINGTON, INe. remains active and has complied with the filing requirements of this office. Date: October 18, 2004 UBI: 601-127-912 Given under my hand and the Seal of the State of Washington at Olympia, the State CapItal ~~ Sam Reed, Secretary of State .e. - e -- I., BY-LA WS ARTICLE I OFFICES 1.1 The principal office of the corporation shall be located in Washington. 1.2 The corporation may also have offices at such other places both within and without the State of Washington as the board of directors may from time to time determine or the business of the corpora tion may require. ARTICLE n MEETINGS OF SHAREHOLDERS 2.1 Meetings of shareholders for any purpose may be held at such time and place within or without the State of Washington as shall be stated in the notice of the meeting or in a duly executed waiver of notice thereof. 2.2 Annual meetings of shareholders, commencing with the first year, shall be held on December 15 if not a legal holiday, and if a legal holiday, then on the next secular day following, at 10:00 a.m., at which they shall elect a board of directors and transact such other business as may properly be brought before the meeting. ....3. Special meetings of the shareholders for any purpose or purposes may be called by the president and shall be called by the president or secretary at the request in writing of a majority of the board of directors, or at the request in writing of shareholders owning one-tenth of all the shares entitled to vote at the meetings. A request for a special meeting shall state the purpose or purposes of the proposed meeting, and business transacted at any special meeting of shareholders shall be limited to the purposes stated in the notice. 2.4 Written notice stating the place, day and hour of the meeting and, in the case of a special meeting, the purpose or purposes for which the meeting is called, shall be delivered not less than ten nor more than sixty days before the date of the meeting, either personally or by mail, by or at the direction of the president, the secretary, or the officer or persons calling the meeting, to each shareholder of record entitled to vote at such meeting. 2.5 The holders of a majority of the shares issued and outstanding and entitled to vote thereat, present in person or represented by proxy, shall constitute a quorum at all meetings of the shareholders for the transaction of business except as otherwise provided by statute or by the Certificate of Incorporation. If, however, a quorum shall not be present or represented at any meeting of the shareholders, the shareholders entitled to vote thereat, present in person or represented by proxy, shall have the power to adjourn the meeting from time to time, without notice other than announcement at the meeting, until a quorum shall be present or 0020 e- 2.7 2.8 3.1 represented. At such adjourned meeting, provided a quorum shall be present or represented thereat, any business may be transacted which might have been transacted if the meeting had been held in accordance with the original notice thereof. 2.6 If a quorum is present at any meeting, the vote of the holders of a majority of the shares entitled to vote, present in person or represented by proxy, shall decide any question brought before such meeting, unless the question is one upon which a different vote is required by law or by the Certificate of Incorporation. Each outstanding share having voting power shall be entitled to vote one vote on each matter submitted to a vote at a meeting of shareholders. A shareholder may vote either in person or by proxy executed in writing by the shareholder or by his duly authorized attorney-i!l-fact. Any action required or which may be taken at a meeting of the shareholders may be taken without a meeting if a consent in writing, setting forth the action so taken, shall be signed by all the shareholders entitled to vote with respect to the subject matter thereof. ARTICLE ill DIRECTO RS The number of directors which shall constitute the whole board shall be not less than three nor more than nine as determined by the shareholders, none of whom need be residents of the State of Washington or shareholders of the corporation. The directors shall be elected at the annual-meeting of the shareholders, and each director elected shall serve until his successor shall have been elected and qualified. 3.2 Any vacancy occurring in the board of directors may be filled by a majority of the remaining directors though less than a quorum of the board of directors. A director elected to fill a vacancy shall be elected for the unexpired term of his predecessor in office. Ie 3.3 The number of directors may be increased or decreased from time to time by amendment to these by-laws but no decrease shall have the effect of shortening the term of any incumbent director. Any directorship to be filled by reason of an increase in the number of directors shall be filled by election at an annual or special meeting of shareholders. 3.4 Any director may be removed either for or without cause at any special meeting of shareholders duly called and held for such purpose. MEETINGS OF THE BOARD OF DIRECTORS 3.5 Meetings of the board of directors, regular or special, may be held either within or without the State of Washington. 3.6 The firs.t meeting of each newly elected board of directors shall be held at such time and place as shall be fixed by the vote of the shareholders at the annual ~e 0020 -2- .. 3.7 3.8 3.9 meeting and no notice of such meeting shall be necessary to the newly elected directors in order legally to constitute the meeting, provided a quorum shall be present. In the event that the shareholders fail to- fix the time and place of such first meeting, it shall be held without notice immediately following the annual meeting of shareholders, and at the same place, unless by the unanimous consent of the directors then elected and serving such time or place shall be changed. Regular meetings of the board of directors may be held upon such notice, or without notice, and at such time and at such place as shall from time to time be determined by the board. Special meetings of the board of directors may be called by the chairman of the board of directors or the president and shall be called by the secretary on the written request of two directors. Notice of each special meeting of the board of directors shall be given to' each director at least five days before the date of the m~eting. Attendance of a director at any meeting shall constitute a waiver of notice of such meeting, except where a director attends for the express purpose of Objecting to the transaction of any business on the ground that the meeting is not lawfully called or convened. Except as may be otherwise provided by law or by the Certificate of Incorporation or by the by-laws, neither the business to be transacted at, nor the purpose of, any regular or special meeting of the board of directors need be specified in the notice or waiver of notice of such meeting. 3.10 At all meetings of the board of directors a majority of the directors shall constitute a quorum for the transaction of business and the act of a majority of the directors present at any meeting at which there is a quorum shall be the act of the board of directors, unless otherwise specifically provided by law, the Certificate of Incorporation or the by-laws. If a quorum shall not be present at any meeting of directors, the directors present thereat may adjourn the meeting from time to time, without notice other than announcement at the meeting, until a quorum shall be present. 3.11 The board of directors, by resolution passed by a majority of the whole board, may from time to time designate members of the board to constitute committees, including an executive committee, which shall in each case consist of such number of directors, not less than two, and shall have and may exercise such powers, as the board may determine and specify in the respective resolutions appointing them. A majority of all the members of any such committee may determine its action and fix the time and place of its meetings, unless the board of directors shall otherwise provide. The board of directors shall have power at any time to change the number, subject as aforesaid, and members of any such committee, to fill vacancies and to discharge any such committee. . 3.12 Any action required or permitted to be taken at a meeting of the board of directors or any executive committee may be taken without a meeting if a consent in writing, setting forth the action so taken, is signed by all the members of the board of directors or executive committee, as the case may be. 3.13 By resolution of the board of directors, the directors may be paid their expenses, if any, of attendance at each meeting of the board of directors and may be paid a '. 0020 -3- .- fixed sum for attendance at each meeting of the board of directors or a stated salary as director. No such payment shall preclude any director from serving the corporation in any other capacity and receiving compensation therefor. ARTICLE IV NOTICES 4.1 Any notice to directors or shareholders shall be in writing and shall be delivered personally or mailed to the directors or shareholders at their respective addresses appearing on the books of the corporatTon. Notice by mail shall be deemed to be given at the time when the same shll,ll be deposited in the United States mail, postage prepaid. Notice to directors may also be given by telegram. 4.2 Whenever any notice is required to be given under the provisions of the statutes or of the Certificate of Incorporation or of these by-laws, a waiver thereof in writing signed by the person or persons entitled to such notice, whether before or after the time stated therein, shall be deemed equivalent to the giving of such notice. ARTICLE V OFFICERS t. The officers of the corporation shall be elected by the board of directors and shall consist of a president, a vice president, a secretary and a treasurer. The board of directors may also elect a chairman of the board, an assistant president, additional vice presidents, and one or more assistant secretaries and assistant treasurers. Two or more offices may be held by the same person, except that the offices of president and secretary may not be held by the same person. 5.2 The board of directors shall elect a president and shall elect one or more vice presidents, a secretary and a treasurer, none of whom need be a member of the board. The board of directors shall have the power to enter into contracts for the employment and compensation of officers for such terms as the board deems advisable. 5.1 5.3 The board of directors may appoint such other officers and assistant officers and agents as it shall deem necessary, who shall hold their offices for such terms and shall have such authority and exercise such powers and perform such duties as sh~ll be determined from time to time by the board by resolution not inconsistent with these by-la ws. 5.4 The salaries of all officers and agents of the corporation shall be fixed by the board of directors. 5.5 The officers of the corporation shall hold office until their successors are elected or appointed and qualify, or until their death or until their resignation or removal from office. Any officer elected or appointed by the board of directors may be removed at any time by the board, but such removal shall be without prejUdice to the contract rights, if any, of the person so removed. Election or appointment of an offi<:er or agent shall not of itself create contract rights. Any vacancy . 0020 -4- e- 5.6 occurring in any office of the corporation by death, resignation, removal or otherwise shall be filled by the board of directors. THE CHAIRMAN OF THE BOARD The chairman of the board, if one be elected, shall preside at all meetings of the board of directors and shall have such other powers and duties as may from time to time be prescribed by the board of directors, upon written directions given to him pursuant to resolutions duly adopted by the board of directors. THE PRESIDENT 5.7 The president shall be the chief executive officer of the corporation, shall have general and active management of the business of the corporation and shall see that all orders and resolutions of the board of directors are carried into effect. He shall preside at all meetings of the shareholders and, in the absence of the chairman of the board, at all meetings of the board of directors. 5.8 e 5.9 5.10 THE VICE PRESIDENT The vice presidents in the order of their seniority, unless otherwise determined by the board of directors, shall, in the absence or disability of the president, perform the duties and have the authority and exercise the powers of the president. They shall perform such other duties and have such other authority and powers as the board of directors may from time to time prescribe or as the president may from time to time delegate. THE SECRET AR Y AND ASSISTANT SECRETARIES The secretary shall attend all meetings of the board of directors and all meetings of shareholders and record all of the proceedings of the meetings of the board of directors and of the shareholders in a minute book to be kept for that purpose and shall perform like duties for the standing committees when required. He shall give, or cause to be given, notice of all meetings of the shareholders and special meetings of the board of directors, and shall perform such other duties as may be prescribed by the board of directors or president, under whose supervision he shall be. He shall keep in safe custody the seal of the corporation and, when authorized by the board of directors, shall affix the same to any instrument requiring it and, when so affixed, it shall be attested by his signature or by the signature of an assistant secretary or of the treasurer. The assistant secretaries in the order of their seniority, unless otherwise deter- mined by the board of directors, shall, in the absence or disability of the secretary, perform the duties and exercise the powers of the secretary. They shall perform such other duties and have such other powers as the board of directors may from time to time prescribe or as the president may from time to time delegate. THE TREASURER AND ASSISTANT TREASURERS 5.11 The treasurer shall have custody of the corporate funds and securities and shall keep full and accurate accounts and records of receipts, disbursements and other transactions in books belonging to the corporation, and shall deposit all moneys and e 0020 -5- e- r le e other valuable effects in the name and to the credit of the corporation in such depositories as may be designated by the board of directors. 5.12 The treasurer shall disburse the funds of the corporation as may be ordered by the board of directors, taking proper vouchers for such disbursements, and shall render the president and the board of directors, at its regular meetings, or when the president or board of directors so requires, an account of all his transactions as treasurer and of the financial condition of the corporation. 5.13 If required by the board of directors, the treasurer shall give the corporation a bond of such type, character and amount as the board of directors may require. 5.14 The assistant treasurers in the order of their seniority, unless otherwise determined by the board of directors, shall, in the absence or disability of the treasurer, perform the duties and ex'ercise the powers of the treasurer. They shall perform such other duties and have such other powers as the board of directors may from time to time prescribe or the president may from time to time delegate. ARTICLE VI CERTIFICATES REPRESENTING SHARES 6.1 The shares of the corporation shall be represented by certificates signed by the president or a vice president and the secretary or an assistant secretary of the corporation, and may be sealed with the seal of the corporation or a facsimile thereof. 6.2 The signatures of the president or vice president- and the secretary or assistant secretary upon a certificate may be facsimiles if the certificate is counter-signed by a transfer agent, or registered by a registrar, other than the corporation itself or an employee of the corporation. In case any officer who has signed or whose facsimile signature has been placed upon such certificate shall have ceased to be such officer before such certificate is issued, it may be issued by the corporation with the same effect as if he were such officer at the date of its issue. LOST CERTIFICATES 6.3 The board of directors may direct a new certificate to be issued in place of any certificate theretofore issued by the corporation alleged to have been lost or destroyed. When authorizing such issue of a new certificate, the board of directors, in its discretion and as a condition precedent to the issuance thereof, may prescribe such terms and conditions as it deems expedient and may require such indemnities as it deems adequate to protect the corporation from any claim that may be made against it with respect to any such certificate alleged to have been lost or destroyed. 6.4 Upon surrender to the corporation or the transfer agent of the corporation of a certificate representing shares duly endorsed or accompanied by proper evidence of succession, assignment or authority to transfer, a new certificate shall be issued to the person entitled thereto and the old certificate cancelled and the transaction recordec;l upon the books of the corporation. 0020 -6- .- 6.5 . 6.6 CLOSING OF TRANSFER BOOKS For the purpose of determining shareholders entitled to notice of or to vote at any meeting of shareholders, or any adjournment thereof, or entitled to receive payment of any dividend, or in order to make a determination of shareholders for any other proper purpose, the board of directors may provide that the stock transfer books shall be closed for a stated period but not to exceed, in any case, fifty days. If the stock transfer books shall be closed for the purpose of determining shareholders entitled to notice of or to vote at a meeting of shareholders, such books shall be closed for at least ten days immediately preceding such meeting. In lieu of closing the stock transfer books, the board of directors may fix in advance a date as the record date for any such determination of shareholders, such date in any case to be not more than sixty days and, in case of a meeting of shareholders, not less than ten days prior to the date on which the particular action, requiring such determination of shareholders, is to be taken. If the stock transfer books are not closed and no record date is fixed for the determination of shareholders entitled to notice of or to vote at a meeting of shareholders, or shareholders entitled to receive payment of a dividend, the date on which notice of the resolution of the board of directors declaring such dividend is adopted, as the case may be, shall be the record date for such determination of shareholders. When a determination of shareholders entitled to vote at any meeting of shareholders has been made as provided in this section, such determina- tion shall be applied to any adjournment thereof except where the determination has been made through the closing of the stock transfer books and the stated period of closing has expired. REGffiTEREDSHAREHOLDERS The corporation shall be entitled to recognize the exclusive right of a person registered on its books as the owner of shares to receive dividends, and to vote as such owner, and shall not be bound to recognize any equitable or other claim to or interest in such share or shares on the part of any other person, whether or not it shall have express or other notice thereof, except as otherwise provided by the laws of the State of Washington. LIST OF SHAREHOLDERS 6.7 The officer or agent having charge of the transfer books for shares shall make, at least ten days before each meeting of shareholders, a complete list of the shareholders entitled to vote at such meeting, arranged in alphabetical order, with the address of each and the number of shares held by each, which list, for a period of ten days prior to such meeting, shall be kept on file at the registered office of the corporation and shall be subject to inspection by any shareholder at any time during usual business hours. Such list shall also be produced and kept open at the time and place of the meeting and shall be subject to the inspection of any shareholder during the whole time of the meeting. The original share ledger or transfer book, or a duplicate thereof, shall be prima facie evidence as to who are the shareholders entitled to examine such list or share ledger or transfer book or to vote at any meeting of the shareholders. . 0020 -7- . .. . ARTICLE vn GENERAL PROVISIONS - DIVIDENDS 7.1 Subject to the provISIons of the Certificate of Incorporation relating thereto, if any, dividends may be declared by the board of directors, in its discretion, at any regular or special meeting, pursuant to law. Dividends may be paid in cash, in property or in the corporation's own shares, subject to any provisions of the Certificate of Incorporation. 7.2 Before payment of any dividend, there may be set aside out of any funds of the corporation available for dividends such sum or sums as the directors from time to time, in their absolute d.iscretion, think proper as a reserve fund for meeting contingencies, or for equalizing dividends, or for repairing or maintaining any property of the corporation, or for such other purpose as the directors shall think conducive to the interest of the corporation, and the directors may modify or abolish any such reserve in the manner in which it was created. CHECKS 7.3 All checks or demands for money and notes of the corporation shall be signed by such officer or officers or such other person or persons as the board of directors may from time to time designate. FISCAL YEAR 7.4 The fiscal year of the corporation shall end on-September 30. SEAL 7.5 The corporate seal shall be in such form as may be prescribed by the board of directors. The seal may be used by causing it or a facsimile thereof to be impressed or affixed or in any manner reproduced. BOOKS AND RECORDS 7.6 The corporation shall keep correct and complete books and records of account and shall keep minutes of the proceedings of its shareholders and board of directors, and shall keep at its registered office or principal place of business, or at the office of its transfer agent or registrar, a record of its shareholders, giving the names and addresses of all shareholders and the number and class of the shares held by each. ARTICLE VIII AMENDMENTS 8.1 The by-laws may be altered, amended, or repealed or new by-laws may be adopted by the shareholders at any regular or special meeting or by a majority of the whole board o~ directors at any regular or special meeting, upon notice given at least ten days prior to the meeting and stating the purpose thereof. 0020 -8- Certificate of Amendment of Bylaws . of Waste Connections of Washington, Inc. Effective September 30, 1997 The undersigned, the assistant Secretary of Waste Connections of Washington, Inc., a Washington corporation (the IICorporationll), hereby certifies that the following amendment to the Bylaws of the Corporation was duly adopted and approved by the shareholders and the Board of Directors of the Corporation. Section 3.1 of Article III of the Bylaws of the Corporation is hereby amended to read in its entirety as follows: 3.1 The number of directors which shall constitute the whole board shall be one. The director need not be a resident of the State of Washington or a shareholder of the corporation. The director shall be elected at the annual meeting of shareholders, and such director shall serve until his or her successor shall have been elected and qualified. . 747 A-- Mike Foos, Assistant Secretary . C,\DMS\Sl19\002\0248673 WP ~ . I . ~' I~VAVA\l)\.VJ\..VA\lJ~lJl.\.~~- -",~ ,..~'~ _ -,_~JlVA\J~k...~~ -~kVA\lJlUJl.\lI~LV.A\l.l~A\lJ~\.VJ~~ I~_ . VA\lJ\.VJl.\l :,-...o.VA~W~~-:-J;---; '", . STATE of WASHING'ION . R{p~ ~H~O _ '1~lVl\V"'mV{\j)'f'ii~IG\"''\II'l\~~I1\'Qt\!r'''W\\''''if''V6i/llj~II\~~::-=~I1\\'''V'''W\\I1\\I1\\~1 ' 1~f\'\~~rl'I~~~~ti\'1-~fl'I'\rn'\~rt\'j~rrM'~~'{\'\rl)v{\'\rnrl\Vt\'\~rl\'\~i 1 .::t.:::!":,' 7.::..::t!=! 1:=:1~: nn i _ ~ A "l SECRETARY of STATE I, RA,LPH MUNRO, Secretary of State of the State of Washington and custodian of its seal, hereby Issue thIS CERTIFICATE OF AMENDMENT to BROWNING-FERRIS INDUSTRIES OF WASHINGTON, INe. a Washington Profit corporation. Articles of Amendment were filed for record in this office on the date indicated below. Changing name to WASTE CONNECTIONS OF WASHINGTON, INe. UBI Number: 601 127912 Date: October 01, 1997 Given under my Jumd and the Seal of the State of Washington at Olympia, the State Capital FILED STATE OF WASHIN~GO OCT - 1 199 '7 Corpora~PH M'ffi.JRo the amen~~1~O~~ATfhe INC. . s: r~~~ ~~. f"'\ ' " "] . ~, ~~, ---~ ~'Vj ~~y ""-\ \ --: 3. If an amendment provides for an exchange, reclassification, or ( cancellation of issued shares, provisions for implementing the amendment, t if not contained in the text of the amendment itself, are as follows'~ 'J . . ~t.aL'" [WaSnlflgt.o.) Corr _~L to'>.lS Division O__ice of th~ ~ecretary of st~_e e ARTICLES OF AMENDMENT Pursuant to RCW 23B.10.060 of the Washington Business undersigned corporation hereby submits the following corporation's Articles of Incorporation. 1. The name of the corporation is: BROWNING-FERRIS INDUSTRIES OF WASHINGTON, (N ole: Corporate name listed above must be identical to the records of the Ofiice of the SecrelAry of Sta~,) 2. The text of ~lch amendment(s) as adopted is (are) as follows: (Attach separate sheet, if neceSS81)') FIRST: The name of the corporation is: WASTE CONNECTIONS OF WASHINGTON. INC. N/A e. The date of adoption of each amendment (s) was: SEPTEMBER 30, 1997 5. The amendment(s) was (were) adopted by: Check one of the followin, statementsl ( ( ( X The incorporators. Shareholder action was not required. ,\" ',\, ~, G' o \ I " The board of directors. Shareholder action was not required. "-. Duly approved shareholder action in accordance with the provisions of RCW 238.10.030 and RCW 238.10.040. (Note: Please refer to copy of statutes listed on instruction sheet ) 6. These Articles will be effective upon filing, unless an extended and/ or time appears here: SEPTEMBER 30 (Note: Extended effective date may not be set at more than 90 days beyond the dale the document is stamped "FIled" by the SecreLary of Slate) 19 .... ~ date ~ 97 >5 .ated:~ 199) / EILEEN B. SCHULER, VICE PRESIDENT (Typo or Print Name and Title) ssf36 (R 7/90) 1 ,"., ,.:', -:' -;-.:..::, .:.. 1 01 C. nf't.~.. TOTAL P.02 STATE of WASHING'ION SECRETARY of STATE I, RALPH MUNRO, Secretary of State of the State of Washington and custodian of its seal, hereby certify by this certificate that the attached is a true and correct copy of ARTICJ.-ES OF AMENDMENT of BROWNING FERRIS INDUSTRIES OF WASHINGTON, INC. Changing name to BROWNING-FERRIS INDUSTRIES OF QW ASHINGTON, INC. as filed in this office on March 3, 1983. Date: May 1, 2000 Given under my hand and the Seal of the State of Washington at Olympia, the State Capital Q..~L-:? Ralph Munro, Secretary of State ~ 2-329002-6 DOMESTIC FILE NUMBER STATEOFWASHINGTON I DEPARTMENT OF STATE I, RALPH MUNRO. Secretary of State of the State of Washington and custodian of its seal, hereby certify that ARTICLES OF AMENDl-1ENT TO ARTICLES OF INCORPORATION of BROWNING FERRIS INDUSTRIES OF WASHINGTON, INC. Olympia, a domestic corporation of Washington, Changing name to BROWNING-FERRIS INDUSTRIES OF WASBINGTON, INC. was filed for record in this office on this date, and I further certify that such Articles remain on file in this office. In witness whereof I have signed and have af- fixed the seal of the State of Washington to this certificate at Olympia, the State Capitol, March 3, 1983 1669 414-tf/6 ~ Cfi[;04 SSF.57 AIII-701 .111. RALPH MUNRO SECRETARY OF STATE . . . ARTICLES OF AMENDMENT 00176HAR 983 F J LED MAR 3 1~ SECRETARY OF ST STATE OF \"ASHIN " TO THE ARTICLES OF INCORPORATION OF BROWNING FERR~S INDUSTRIES OF WASHINGTON, INC. Pursuant to the provisions of RCW 23A.16.040, the . undersigned corporation adopts the following Articles of Amendment to its Articles of Incorporation: FIRST: The name of the corporation is BROWNING FERRIS INDUSTRIES OF WASHINGTON, INC. SECOND: The following amendment of the Articles of Incorporation was adopted by a Resolution of the Board of Directors of the Corporation on February 28, 1983, in the manner - prescribed by the Washington Business Corporation Act: Therefore resolved that the first article of the Articles of Incorporation be amended to read as follows: "FIRST: The name of the corporation is BROWNING-FERRIS INDUSTRIES OF WASHINGTON, INC." There nave Ueen no snare~ issued. Dated March 1, 1983. BROWNING FERRIS INDUSTRIES OF WASHINGTON, INC. By: ./ii~ ~i~dent ~/a#' , cretar and 415 .. . . . STATE OF TEXAS COUNTY OF HARRIS I, Helen Howard , a notary public, do hereby certify that on this 1st day of March, 1983, personally appeared before me , who, being by me first duly Stephen L. Thomas ,sworn, declared that he is the Vice President of BROWNING FERRIS INDUSTRIES OF WASHINGTON, INC., that he signed the foregoing document as Vice President of the corporation, and that the statements therein contained are true. ~-tkv ~~ Helen Howard,Notary Public for the State of Texas. My commission expires February 12) 1985. _/ 4t6 I . 2-329002-6 FILE NUMBER DOMESTIC STATEOFWASHINGTON I DEPARTMENT OF STATE I, RALPH MUNRO, Secretary of State of the State of Washington and custodian of its seal, hereby certify that ARTICLES OF INCORPORATION of BROWNING FERRIS INDUSTRIES OF WASHINGTON, INe. a domestic corporation of Seattle, Washington, was filed for record in this office on this date, and I further certify that such Articles remain on file in this office. In witness whereof I have signed and have af. fixed the seal of the State of Washington to this certificate at Olympia, the State Capitol, 1667 38G-3?9 February 22, 1983 ~~~ SSF-57-A(1'-70) -'1'- RALPH MUNRO SECRETARY OF STATE ARTICLES OF n~CORPORATION 00158 FE8 2583 FILED FES 221983- . "\ OF SECRETARY Of STAit. \ SlAW Of W~ '"', \L) BROWNING FERRIS INDUSTRIES OF WASHINGTON, INC. VtJ)~ We, the undersigned natural persons of the age of eighteen years or more, acting as incorporators of a corporation under the Washington Business Corporation Act, adopt the following Articles of Incorporation for such corporation: (Note 1) FIRST: The name of the corporation is BROWNING FERRIS INDUSTRIES OF WASHINGTON, INC. SECOND: The period of its duration is- perpetual (May be perpetual) THIRD: The purpose or purposes for which the corporation is organized are: The transaction of any or all lawful business for which corporations may be incorporated under this title. FOURTH: The aggregate number of shares which the corporation shall have authority to issue is One thousand shares common stock, $L 00 par value. . (Note 2) FIFTH: Provisions limiting or denying to shareholders the preemptive right to acquire additional shares of the corporation are: NONE (Note 3) SIXTH: Provisions for the regulation of the internal affairs of the corporation are: NONE (Note 4) SEVENTH: The address of the initial registered office of the corporation is 1218 Third Avenue, c/o C T Corporation System, Seattle, County of King, Washington 98101, and the name of its initial registered agent at such address is C T Corpora- . System. STATE OF C .TY OF TEXAS ) ) SS ) HARRIS I, Cynthia Carolyn Gilmore , a notary public, hereby certify , 1983, personally appeared before me, 18th day of February that on the v. C. Holbrook, K. S. Hood and E. A. Wallace , who being by me first duly sworn, severally declared that they are the persons who signed the foregoing document as incorporators, and that the statements ther~in contained are true. ~ar~ ~ (NOTARIAL SEAL) Notes: . . 1. Incorporator may also be one person or a domestic or foreign cOl~oration, in such case change the language of the opening paragraph accordingly. 2. If the authorized shares are to consist of one class only, insert a statement of the par value of such slnres or a statement that all of such shares are to be without par value. If the authorized shares are to be divided into classes, insert a statement of the number of shares of each class, a statement of the par value of the shares of each such class or that such shares are to be Inthout par value, and a statement of the preferences, limitations and relative rights tn respect of the shares of each class. If all or any portion of the shares have no par value, the aggregate value of those shares, or such aggl~gate value shall be stated in the affidavit filed pursuant to RCW 23A.40.o)0. If the authorized shares of ~ny preferred or special class are to be iSS1~d in serjes, insert a statelllent of the designation of each series, a statement of the variations in the relative rights and preferences as between series in so far as the sa.me are to be fixed in the articles of incorporation, and a statement of any authority to be vested in the board of directors to establish series and fix and determine the variations in the relative rights and preferences as between series. 3. If preemptive rights are not to be limited or denied, insert ''None.'' 4. If no provisions for the regulation of the internal affairs of the corporation are to be set forth, i::sert "None". If directors are to be granted the power to adopt the bylaws, insert "The directors will have the power to adopt, alter, amend or repeal bylaws or adopt new bylaws." If cumulative voting is to be denied to shareholders, insert t~ shareholder shall not have the right to cumulate his votes in the election of directors." (H.4SH. - 1720) 3RH -3- , " . fO- , I "e/ SECRETARY OF STATE Olympia, Washington 98504 CONSENT TO APPOINTMENT AS REGISTERED AGENT C T CORPORATION SYSTEM hereby consents to serve as registered agent, in the state of Washington, for the following corporation: BROWNING FERRIS INDUSTRIES OF WASHINGTON, INC. C T CORPORATION SYSTEM understands that as agent for the corporation, it will be its responsibility to accept Service of Process in the name of the corporation; to forward all mail and license renewals to the appropriate officer(s) of the corporation; and to immediately notify the Office of the Secretary of State of its resignation or of any ~ changes in the address of the registered office of the corporation for which it is agent. -~ February 18, (Date) 1983 _...--~ W?~nSU;m) ASSItITANT VICE PRESIDENT C T CORPORATION SYSTEM (Type or print name of agent) 1218 Third Avenue (Street address of registered office) Seattle, County of King, Washington 98101 (City, state and zip code) ~ RALPH Ml'NHO (WASH. - 671 - 6/23/82) OLYMPIA, WASIIING1'ON OR504 ~~q TELEPHONE 206-753...7115 Form 5.3 . . . CITY OF PORT ANGELES SOLID WASTE PROCESSING FACILITY DEVELOPMENT AND MANAGEMENT SERVICES FORM 5.3 - September 17, 2004 TECHNICAL AND COST PROPOSAL EXCEPTIONS TO TERMS AND CONDITIONS Intentionally left blank. Proposed exceptions negotiated in scope of work. April 5. 2005 Waste Connections of Washinqton. Inc. Legal Name of Proposer P-1 CITY OF PORT ANGELES SOLID WASTE PROCESSING FACILITY DEVELOPMENT AND MANAGEMENT SERVICES . FORM 5.3 - September 17, 2004 TECHNICAL AND COST PROPOSAL EXCEPTIONS TO TERMS AND CONDITIONS Proposers may attach to this form a list of proposed exceptions or modifications to the terms and conditions set forth in the RFP, the Service Agreement and the Performance Specifications that may materially affect the price for Project Facilities or services to be provided by the Proposer. For each proposed exception or modification, the Proposer must identify the page number, section number, and paragraph number (if applicable) of the affected text of the RFP, Service Agreement or Performance Specifications, and provide a proposed revision of that text that is acceptable to the Proposer. These exceptions and modifications will be the sole basis for the prices and costs provided under the heading "Optional: Proposer's Terms" in subsequent Technical and Cost Proposal forms. As acknowledged in Technical and Cost Proposal Form 5.2, the Proposer understands and agrees that the City, at its sole option, may elect to accept the prices set forth under the heading "Required: City's Terms" in the subsequent Technical and Cost Proposal forms as full compensation for performance of the Project by the Proposer without exception or modification to the terms and conditions set forth in the RFP, the Service Agreement and the Performance Specifications. . EXCEPTlbN ' BRIEF DESCRIPTION OF PROPOSED EXCEPTION NUMBER In reference to Addendum 5, dated September 17,2004, Section AWL page 26: 1 The Service Fees reflected in WCWI's RFP Submittal are conditioned on the City's award to WCWI of all seven Service Components. In the event the City awards WCWI a lesser number of Service Components, WCWI reserves the right, in its sole discretion, to negotiate mutually acceptable Service Fees with the City for each of the Components awarded to WCWI or withdraw from any or all such awards. Section 4.6 (RFP) Component 1 - Transfer Station Development 2 The facility and operations described in this proposal represent WCWI's good faith efforts at responding to the RFP in a timely fashion. WCWI does not want to dIctate overall facility design and operation to the City; we believe that flexibility is critical to a successful project. WCWI is open to modifying its proposed facilities, operations, and interim project mIlestones to benefit both parties, and desires to work closely with the City to refine the details of its proposal. We will meet the commercial operations date. Section 4.6 (RFP) Component 1 - Transfer Station Development 3 WCWI believes that incentive (i.e. lower) tipping fees for certain materials such as yard waste or woody debris will encourage source-separation and help achieve the CSWMP's 40% recycling goals. WCWI will work with the City to determine what level of fees would be cost-effective. . October 29 ,2004 P-1 Waste Connections of Washinqton Inc. Legal Name of Proposer CITY OF PORT ANGELES SOLID WASTE PROCESSING FACILITY DEVELOPMENT AND MANAGEMENT SERVICES Section 4.6 (RFP) Component 1 - Transfer Station Development 4 Prelimmary earthwork balance calculations indicate that grading for the proposed transfer station layout will result in a net excess of approximately 45,000 cubic yards of soil material. If desired by the City, WCWI would deliver this material to the City for use in its landfill closure/final cover, at a price to be negotiated. Section 4.6 (RFP) Component 1 - Transfer Station Development 5 Preliminary earthwork balance calculations indicate that grading for the water treatment plant will result in a net excess of approximately 36,000 cubic yards of soil material. If desired by the City, WCWI would deliver this material to the City for use in its landfill closure/final cover, at a price to be negotiated. Section 4.6 (RFP) Component 1 - Transfer Station Development 6 WCWI believes that in the near term, vehicle traffic could be handled efficiently using just the two relocated 70-foot scales. Installation of the two 80-foot scales could be postponed until justified by higher vehicle traffic counts, thus reducing the initial capital cost. If the City desires, WCWI would develop a detailed cost estimate for an alternative scale plaza layout that allows for future installation of the longer scales. Postponing construction of the two scales is worth approximately $80,000. Section 4.6 (RFP) Component 1 - Transfer Station Development 7 This proposal includes $30,000 for security fencing, gates, and related items. WCWI specifically assumes that the Water Treatment Plant (not WCWI) will provide and pay for the fence along their common border on the east side of the transfer station. October 29 ,2004 Waste Connections of Washinqton Inc. Legal Name of Proposer P-2 1 . . . CITY OF PORT ANGELES SOLID WASTE PROCESSING FACILITY DEVELOPMENT AND MANAGEMENT SERVICES . 8 Performance Specifications 4.8 Blue Mountain Drop Box Facility Option 1: Operate Existing Blue-Mountain Facility As an option WCWI proposes to provide the equipment, labor, and materials necessary to operate and maintain the Blue Mountain Drop Box in its existing configuration (building with restroom, concrete apron, paved drive-around, water well, and oil/antifreeze recycling tanks). Current operational practices would be continued. Per the RFP, WCWI would also furnish: Electrical and telephone service. Uniquely identified transfer containers marked in a manner consistent with Transfer Station trailers, and associated roll-off trucks. Portable toilet for customers. During Receiving Hours (9 am to 5 pm) on Monday and Wednesday, the facility will be staffed by one solid waste attendant. On Saturday it will be staffed by two attendants. Operating Hours would be Monday, Wednesday and Saturday, 9 to 6 pm. Potential cost savings to the City would be: . A reduction in Tip Fees of $21.50 per ton at the Blue Mountain facility. Rates would be reduced from $96.30 to $74.80 per ton; $42,550.00 reduction in construction costs; $23,000.00 reduction per year in operational costs. Operational advantages to the City would be: Minimization of overall facility operating expenses dedicated to additional labor and site improvements required in the RFP at the Blue Mountain Drop Box Facility, keeping operations simple and straight forward based on the small amount of waste (max. 1500 TPY) anticipated to be handled at this facility. . October 29 ,2004 P-3 Waste Connections of Washinqton Inc. Legal Name of Proposer CITY OF PORT ANGELES SOLID WASTE PROCESSING FACILITY DEVELOPMENT AND MANAGEMENT SERVICES 9 Performance Specifications . 4.8 Blue Mountain Drop Box Facility 1. If requested by the City, WCWI will provide exterior lighting to deter unauthorized nighttime access and assist with night inspections of the facility. Reimbursement of design and construction costs, plus the associated on-going electrical costs, will be negotiated separately and are not included in this Bid Proposal or in Option 1 presented above. 2. If specifically required to make additional site improvements by the Health Department, the City of Port Angeles, or other regulatory agency, such changes will be made for reimbursement of the associated design and construction costs, plus anyon-going costs. These changes will be negotiated separately and are not included in this Bid Proposal or in Option 1 presented above. 3. General Changes: This Bid Proposal represents WCWI's good faith efforts at meeting the conditions of the RFP. However, if the City or other regulatory agency desires (or requires) modifications to the proposed facilities or operations, WCWI will cooperate by modifying its proposal. After negotiating a mutually agreeable changes and compensation, WCWI would design and install the necessary infrastructure and/or modify its proposed operations accordingly. Reimbursement of the additional design, construction, and operations costs are not included in this Bid Proposal or in Option 1 presented above. 4. Storm water Separation: If specifically required by the Health Department or other . regulatory agency, WCWI will design and install the infrastructure to divert stormwater that is contaminated (by leakage from waste containers) to a sanitary sewer system. Reimbursement of these design and construction costs, plus the associated on-going sewage disposal costs, will be negotiated separately and are not included in this Bid Proposal or in Option 1 presented above. . October 29 ,2004 P-4 Waste Connections of Washinqton Inc. Legal Name of Proposer . 10 . 11 12 . CITY OF PORT ANGELES SOLID WASTE PROCESSING FACILITY DEVELOPMENT AND MANAGEMENT SERVICES Performance Specifications 4.9 Recvclable Collection and Processing Option 1: Semi-Automated Collection WCWI will utilize one (1) Peterbilt cab-over chassis equipped with dual drive with an Amrep Side-load 20- to 25-yard compactor body (or equivalent) for mixed recyclables and three half-yard compartments for glass mounted on the truck chassis to be used for residential and multifamily recycle collections. Recyclables will be emptied from the side of the vehicle body. Each vehicle with a one-person crew can service up to 700 homes per day. The vehicles have a life expectancy of seven to ten years. 96-gallon carts will be used for the collection of commingled recyclables, along with a separate bin for the collection of glass. The glass bin will meet minimum size requirements (11.37 gallon) specified by City. Collections will be conducted on a rotating biweekly basis (every other week) but will maintain the existing day/week schedule for garbage collections performed by the City. All mixed recyclables to include mixed paper, newspaper, cardboard, number #1 and #2 plastics, tin and aluminum would be placed inside the 96 gallon; glass would be placed in a separate bin by residents for collection. Yard debris will be collected using one (1) Peterbilt 320 Cab-over semi-automated side-load collection vehicle with a McNeilus 25 to 30 cubic yard compaction body. Customers can continue to put out bundles bundled in 4-foot lengths. Bundles shall not exceed a weight limit of 50 pounds per bundle, or WCWI will supply a 96-gallon cart to every residential and multi-family customer subscribing to yard debris service at rates as outlined. Yard debris will be collected on a rotating biweekly basis (every other week) on the opposite week of the recycling collection, but wIll maintain the existing day/week schedule for garbage collections performed by the City. This alternating schedule will minimize collection vehicle traffic impacts on city streets and alleys. All other components as outlined in the current program would remain the same. Please see the attached price proposal forms for pricing. We believe the 96 gallon cart alternative would decrease overall program costs and mcrease participation and recycling diversion by at least 25%. The cart system provides for the use of semi-automated collection trucks, which are more efficient and will lower on the job injuries incurred by collection personnel. See Technical and Cost Proposal Form 7.4 Continuation for pricmg information. Service Agreement Section 4.2 & 4.3 Delete sections in their entirety. Termination provisions of Section 8 are sufficient. Service Agreement Delete Liquidated Damages, as described in Section 7.5 (a), (b), (d), (e), (f), (g) and (h) of the Service Agreement. Liquidated damages will be determined in a mutually agreeable manner based on actual damages incurred in lieu of pre-established amounts based on the type of infraction. October 29 ,2004 P-5 Waste Connections of Washinqton Inc. Legal Name of Proposer . . . City of Port Angeles GENERAL COMMENTS SERVICE AGREEMENT Please note that these are WCWI's suggested changes subject to final negotiation as outlined in RFP Section 3.6 if selected as the successful Proposer. SECTION 2 - GENERAL PROVISIONS Section 2.24 WCWI proposes that its obligation to discharge valid liens apply only to liens arising out the activities of approved contractors, not the Contractor itself. SECTION 5 INDEMNIFICATION 5.3A: All references to attorneys fees should be located in a parenthetical following the word "expenses" and be qualified by the word "reasonable" (including reasonable attorneys fees) This change should apply throughout the document wherever reimbursement for attorneys fees is referenced. Section 5.3(a) i Delete words hauler and customer from last line. Section 5.3(b) Exception from Contractor's obligation to indemnify the CIty should also cover damages caused by the negligence of the City's successors, assigns officers, employees and elected officials. Section 5.3(c) Delete paragraph. Standard in Paragraph 5.3(f) should govern in cases of concurrent negligence. In place of deleted Section 5.3(c) add reciprocal indemnification provision by the city of the contractor including exception from city's obligation to indemnify contractor for any damages resulting solely from Contractor's negligence. Section 5.3(d) 2nd para.: Final sentence should begin "Any indemnification or exception therefrom in the agreement. . . " October 29, 2004 Waste Connections of ..hilt Washington, Inc. "'11II\.' . . . ~ ~ City of Port Angeles ~-==:;.3J - GENERAL COMMENTS SERVICE AGREEMENT SECTION 6 - ASSIGNMENT, SUBCONTRACTING, CHANGE OF CONTROL Section 6.1: Add provision allowing for assignments without prior consent to affiliates ofWCWI similar to provision allowing for such transfers in Section 6.3 (Change of Control). Section 6.4 Move paragraph to Section 2 (General Provisions). SECTION 8 - DEFAULT AND TERMINATION Section 8.2(a) Change the word "may" in the last sentence of Section 8.2(a) to "shall" in order to mirror the contractor's obligation to extend such cure periods contained in Section 8.4(b). Section 8.2(b) Delete portion of paragraph following cross-reference to "Section 8.3". Section 8.3(a) First sentence shall read as follows: "Upon the occurrence of any Contractor Event of Default pursuant to Section 8.1 and a failure to cure under Section 8.2, the City may, in its sole discretion:" Section 8.3(b )(ii) Delete, as this section negates the right to cure contained in Section 8.2 for each of the eight enumerated subsections. Section 8.3( c )(i) Delete. Section 8.3(e) Delete the sentence which reads "The Contractor waives its right to request an administrative hearing if it fails to respond in writing in accordance with Section 8.2(a)", as no such obligation exists in SectIOn 8.2(a). Section 8.4(a) Delete final clause of parenthetical which reads ", or the fault of the Contractor" SectIOn 8.5(a) Delete. October 29, 2004 Waste Connections of ..hilt. Washington, Inc. ".' ^ :~ Form 5.4 CITY OF PORT ANGELES SOLID WASTE PROCESSING FACILITY DEVELOPMENT AND MANAGEMENT SERVICES . FORM 5.4 PROPOSAL BOND FORM Herewith find deposit in the form of a cashier's check, postal money order or Proposal Bo amount of $200,000. SIGN HERE PROPOSAL BOND Bond 11554378 KNOW ALL MEN BY THESE PRESENTS: Waste Connections of Evergreen National That we, Washington. Inc. as Principal and Indemnity Company as Surety, are held and firmly bound unto the CITY OF PORT ANGELES as Obligee, in the penal sum of TWO IillNDRED rnOUSAND AND 00/100 ($200.000.00) ~'dd<******-J<**-J<* Dollars, for the payment of which the Principal and the Surety bind themselves, their heirs, executors, administrators. successors and assigns, jointly and severally, by these presents. The condition of this obligation is such that if the Obligee shall make any award to the Principal for: Solid Waste Processina Facilitv Develooment and Manaaement Services according to the terms of the Technical and Cost Proposal made by the Principal, and the Principal shall duly make and enter into a Service Agreement with the Obligee in accordance with the terms of said Technical and Cost Proposal and award and shall give bond for the faithful performance thereof, with Surety or Sureties approved by the Obligee; or if the Principal shall, in case of failure 50 to do, pay and forfeit to the Obligee the penal amount of the deposit specified in the advertisement for Request for Proposals, then this obligation shall be null and void; otherwise it shall be and remain in full force and effect and the Surety shall forthwith pay and forfeit to the Obl,igee, as penalty and liquidated damages, the amount of this bond. . ^. " SIGNED, EALED AND DATED THIS 29thday of October WAStE ,c Nt TI N OF WASHINGTON, INC. ,2004. ........,... Principal B 163340 Columbus Surety address Kathleen Price (800) 641-9222 Surety Contact and Phone Number United Nations Insurance Agency, Inc. Agent 6140 Parkland Boulevard, Suite 300 Cleveland, Ohio 44124 Agent Address Karen LoConti, (440) 995-5100 Agent Contact and Phone Number . Dated: Received return of deposit in the sum of $ ,2004 P-6 Waste Connections of Washington, Inc. Legal Name of Proposer EVERGREEN NATIONAL INDEMNITY COMPANY COLUMBUS, OHIO POWER OF ATTORNEY .PRINCIPAL Waste Connections of Washington, INc. CONTRACT AMOUNT EFFECTIVE DATE October 29, 2004 AMOUNT OF BOND $ 200,000.00***>'<"1<"1<**>'0'0'<"1< POWER NO. 5 5 4 3 7 8 KNOW ALL MEN BY THESE PRESENTS That the Evergreen NatIOnal Indemlllty Company, a corporatIOn m the State of OhIO does hereby nommate, constitute and appomt. Kathy J Goe, MarIa Jackson, Kathleen P Pnce, PatrIcia A Temple and Nicole Skedellts true and lawful Attorney(s)- In-Fact to make, execute, attest, seal and deliver for and on Its behalf, as Surety, and as Its act and deed, where reqUired, any and all bonds, undertakmgs, recoglllzances and WrItten obligatIOns m the nature thereof, PROVIDED, however, that the obligatIOn of the Company under this Power of Attorney shall not exceed One Million Five Hundred Thousand Dollars ($1,500,000 00) This Power of Attorney IS granted and IS signed by facsimile pursuant to the followmg ResolutIOn adopted by ItS Board of Directors on the 23rd day of February, 1994 "RESOLVED, That any two officers of the Company have the authorIty to make, execute and deliver a Power of Attorney constltutmg as Attorney(s)- m-fact such persons, firms, or corporatIOns as may be selected from time to time FURTHER RESOLVED, that the signatures of such officers and the Seal of the Company may be affixed to any such Power of Attorney or any certificate relatmg thereto by faCSimile, and any such Power of Attorney or certificate bearIng such faCSimile signatures or faCSimile seal shall be valid and bmdmg upon the Company, and any such powers so executed and certified by faCSimile signatures and faCSimile seal shall be valid and bmdmg upon the Company m the future With respect to any bond or undertakmg to which It IS attached" IN WITNESS WHEREOF, the Evergreen NatIOnal Indemlllty Company has caused ItS corporate seal to be affixed hereunto, and these presents to be Signed by ItS duly authOrIzed officers thiS 27th day of August, 2001 . ~- .p,.,..\.INO~~ ~ ~, 't- ~ ~",pORAr~\~ ! $ (I......., ,~\ i ~ SEAL J) ~'1~ 19~:;:~ ... OHIO;"-- -~- EVERGREEN NATIONAL INDEMNITY COMPANY ILdV ~d Roswell P Ellis, PreSident ~ Glenn D SouthWiCk, Treasurer Notary Public) State of OhIO) SS On thiS 27th day of August, 2001, before the subSCrIber, a Notary for the State of OhIO, duly commissIOned and qualified, personally came Roswell P Ellis and Glenn D. SouthWick of the Evergreen National Indemlllty Company, to me personally known to be the mdlvlduals and officers deSCrIbed herem, and who executed the precedmg mstrument and acknowledged the executIOn of the same and bemg by me duly sworn, deposed and said that they are the officers of said Company aforeSaid, and that the seal affixed to the precedmg mstrument IS the Corporate Seal of said Company, and the said Corporate Seal and signatures as officers were duly affixed and subSCrIbed to the said mstrument by the authOrIty and directIOn of said CorporatIOn, and that the resolution of said Company, referred to m the precedmg mstrument, IS now m force IN TESTIMONY WHEREOF, I have hereunto set my hand and affixed my offiCial seal at Columbus, OhiO, the day and year above WrItten ~LU C Dufft Notary Public State of OhiO My CommiSSIOn expires August 6, 2004 State of OhIO ) SS I, the underSigned, Secretary of the Evergreen NatIOnal Indemlllty Company, a stock corporatIOn of the State of OhIO, DO HEREBY CERTIFY that the foregomg Power of Attorney remams m full force and has not been revoked; and furthermore that the ResolutIOn of the Board of Directors, set forth herem above, IS now m force Signed and sealed m Columbus, OhIO thiS 29th day of OC'toher 2004 . !!Z-~ .p,.,..\.INO~~ ! ~J (,~~~~ \ i~ SEALJ~i ~~~-;;; 1/ ~H~ 9/W~ John A Marazza, Secretary Any reproductIOn or faCSimile ofthrs form IS VOId and mvahd ..~.... -~ -- 6.0 QuahficatlOns~ / / /7_' /,zr- P .~ ,"':: ...."."'/::~ - //' ~~;- /'fi:~47-'? ,~~ ~ -4A ~,< ~~/'" ~ ,,-::< -;:::;,' . . . CIty of Port Angeles 6.0 QUALIFICATIONS 6.1 GENERAL INFORMATION ABOUT PROPOSED FIRM Name of the Proposer and subcontractors (if any) Prime: Waste Connections of Washington, Inc. Subs' URS Corporation, Transfer station design and construction management Philip Services Corporation, moderate risk waste facility operations Business address(es) Waste Connections of Washington, Inc. 2916 lOih Street South, Lakewood, WA 98499 2548 West 19th Street, Port Angeles, WA 98363 URS Corp. 1501 4th Ave, Suite 1400, Seattle, WA 98101-1616 III SW Columbia, Suite 1500, Portland, OR 97201-5850 Philip Services Corporation 18000 72nd Ave S. #217, Kent, WA 98032 Union Pacific Railroad 1400 Douglas Street, Omaha, NE 68179 Type of organization(s). Waste Connections, Inc. (WCI) was founded in 1997 as a regional, integrated solid waste services company and became a publicly traded company in 1998 WCI provides solid waste collection, transfer, disposal, and recycling services throughout the Western United States. URS is a publicly-owned corporation founded in 1904 URS provides its public, private, and internatIOnal clients with environmental, civil, geotechlllcal, structural, mechanical, and electrical engineering, as well as architecture, landscape architecture, and construction management. URS's PaCific Northwest offices are located in Seattle, Tacoma, Spokane, Portland, Boise, and Vancouver B.C. Philip Services Corporation (PSC), Inc. is a privately held corporation based in Houston, TX., employs over 7,000 people With operations throughout the Umted States and Canada and IS one of the leadlllg Illtegrated environmental service companies III North America. Ulllon Pacific Corporation nyse' "UNP" is one of America's leading transportation companies. It's pnnclpal operating compallles, Ulllon Pacific Railroad, is the hardest railroad in America, covering 23 states across 2/3 of the Ulllted States. October 29, 2004 Waste Connectzons of ,hit. Washmgton, Inc. '+'''' 6 1-1 City of Port Angeles . Proposer's authorized representative and contact information Edward L. Westmoreland DIvision Vice PresIdent 2916 107th Street South, Lakewood, WA 98499 (253) 414-0349 (206) 915-3133 (mobIle) Eddie W@WasteConnections.com Waste Connections, Inc. (WCI) was founded in 1997 as a regional, integrated solid waste services company and became a publicly traded company m 1998. WCI provides solid waste collection, transfer, disposal, and recycling services throughout the Western Umted States. As of October 2004, we serve more than 1,000,000 commercial, industnal, and residentlal customers in 22 states We own 90 collectiOn operations and own and operate 23 transfer stations, 31 Subtitle D landfills, and 18 recycling facIlities, and 1 constructiOn and demohtiOn debris landfill, and operate but do not own an additional 6 transfer stations and 10 SubtItle D landfills How many years the Proposer and subcontractors (if any) have been in business under the present_name(s) URS CorporatiOn has operated under its present name in Washington State since 1968. Philip ServIces Corporation has operated smce 1995 under current name. Any other names under which the Proposer has done business . Since ItS inception m 1997 Waste Connections, Inc has operated under that name only. The Washmgton DivisIOn of WCWI currently provides solid waste collection services to approximately 200,000 single family resIdential customers and 10,000 commercial customers (includmg recycle drop box statlons and multIfamIly structures) in Pierce, Jefferson, Lewis, C1allam, YakIma, Mason, Clark, WhItman and Grant Counties. The WCWI team takes pride in providing our customers with the highest quality sohd waste management services, mcluding colIectiOn of sohd waste and recyclables, recychng processmg, transfer, and disposal services WCWI's Washington Division operates under the followmg dba s: WCWI Washington dba's WCWI Washington Division dba Amencan Disposal Company Amencan Portable Storage DM Disposal Company DM Recyclmg Empire Disposal Island Disposal LakeSide Disposal Mason County Disposal Location Gig Harbor Fife Fife Fife Colfax Whidbey Island Moses Lake Mason County 6 1-2 Waste ConnectIOns of ..h. Washmgton, Inc. ""'+''' . October 29, 2004 . . . CIty of Port Angeles - Murrey's Disposal Company Olympic Disposal Company . . Fife Port Angeles Port Townsend, Chehahs Tacoma Vashon Superior Refuse Remova] . Tacoma RecyclIng Vashon Disposal Company WCI - Vancouver Vancouver If the Proposer is a subsidiary Not ApplIcable If the Proposer is a joint venture or partnership Not Applicable. Disclose if the Proposer, or any parent or affiliated organization, has ever been convicted of any misconduct or been fined an amount greater than $10,000 for a civil or criminal violation of any federal, state, or local statute or regulation in connection with a solid waste or transportation Service Agreement. None. A list of any and all of the Proposer's subcontractors that may perform more than five percent of the project value. The Umon Pacific Railroad is the largest railroad in North America. It has Significant experience m shipping containerized solid waste through the Columbia River Gorge m Oregon The UP RaIlroad will provide locomotive power for the NWCS rail transportation component with direct service from Tacoma to Port of Morrow lntermodal FaCIlIty and/or the UP Hinkle Intermodal Facility. These services will be proVided under contract to WCWI's NWCS affiliate. Extensive financial mformatlOn about the UP is available at http'//www up.com/investors/index.shtml See SectIOn 6.10 for additIonal financial informatIOn about UP Railroad October 29, 2004 Waste Connections of ..h. Washington, Inc. "'+,r 6.1-3 - ~~ ~-' /;/ City of Port Angeles . 6.2 PROPOSER'S SOLID WASTE TRANSFER STATION EXPERIENCE HIDDEN VALLEY TRANSFER STATION 17925 Meridian E Puyallup, W A 98375 Facility owner and references, owner contact, address, and telephone number Pierce County Recycling, Compo sting and Disposal LLC dba LRI Eddie Westmoreland 17925 Meridian E Puyallup, W A 98375 (206)-915-3133 Facility regulatory agencies, references, contacts, addresses and telephone numbers Tacoma Pierce County Health Department David Bosch 3629 So D St Tacoma, WA 98418-6813 253-798-6574 Year developed 1994 permitted Occupancy permit in 1996 Began operation in 1999 Facility throughput (average and peak), and design capacity . Average: 500 TPD Peak: 575 (high: 900 TPD) Design: 600 TPD Total construction cost of the facility, cost of work performed by the Proposer during project development, and payment received for operations in the most recent year Construction cost: approximately $5 Million Revenue for 2003 approximately $50,000 (the transfer station is part of a much larger system) Description of Proposer's involvement in the project with respect to siting, permitting, design, construction, and operation Siting: Pierce County Recycling, Compo sting and Disposal, LLC dba LRI Permitting: Team ofLRI employees, EMCON, and Terrill Chang (now with USR) Designed by: EMCON ConstructIon: Hebert Construction Operation: LRI Description of Proposer's involvement in the project with respect to special waste and/or HHW handling In 2004 LRI received permits to construct and operate a Household Hazardous Waste collection facility within the Hidden Valley Transfer Station. The purpose of this project is to increase environmental protection within Pierce County and to provide residents an environmentally acceptable alternative for HHW's. The LRI HHW program will accept only HHW generated from the private residences in Pierce County only. Prior to this time LRI held several collection events at the Hidden Valley Transfer Station. . Description of Proposer's approach to personnel transition, if any N/A 6.2-1 Waste Connections of ..hit Washington, Inc. ".,.. October 29,2004 City of Port Angeles WICHITA TRANSFER STATION 4300 W 47th N, Wichita, KS 67205 . Facility owner and references, owner contact, address, and telephone number Waste Connections Inc. Jim Spencer -Division Vice President 2745 N Ohio Wichita, KS 67219 316-838-4920 Paul Foster-Distnct Manager 4300 W. 37th N Wichita, KS 67205 316-941-4320 Facility regulatory agencies, references, contacts, addresses and telephone numbers Kansas Department of Health and Environment Sedgwick County Environmental Resources Bill Bider, Director, Bureau of Waste Management Susan Erlenwein-Director 1000 SW Jackson St, Suite 320 2625 S. Tyler Rd Topeka, KS 66612-1366 Wichita, KS 67215 785-296-1600 316-660-7200 Year developed 2001 Facility throughput (average and peak), and design capacity Average: 1500 TPD Peak: 2200 TPD Design 2500 TPD Total construction cost of the facility, cost of work performed by the Proposer during project development, and payment received for operations in the most recent year Construction cost: $5 Million (total cost paid by Waste Connections Inc. Revenue for 2003: $12 million dollars . Description of Proposer's involvement in the project with respect to siting, permitting, design, construction, and operation WCI's Jim Spencer was the team leader responsible for local sitmg and zoning, state permitting, design, construction and operation of the Wichita Transfer Station facility. The team also included Jim LIttle, Corporate VIce President of Engineering and Harv Ebers, Project Manger. The facility took three years to site, design, permit and construct. The team hired Midwest Environmental Consultants to assist with permitting and Baughman Company to assist with local zoning. ConstructIon was completed by Eby Construction, a design/build contractor. Description of Proposer's involvement in the project with respect to special waste and/or HHW handling The Wichita transfer station does not handle special waste or HHW. The spotters and loader operators are trained to look for material and if found remove material, set aside and contract out the handling of such material. Description of Proposer's approach to personnel transition, if any N/A . 6.2-2 Waste Connections of ..h. Washington, Inc. ~+,.. October 29,2004 . . . City of Port Angeles WEST VANCOUVER MATERIAL RECOVERY FACILITY 6601 NW Old Lower River Road Vancouver, W A 98660 Facility owner and references, owner contact, addresses and telephone number Waste Connections Inc. Scott Campbell- Division Vice President 6601 NW Old Lower River Road Vancouver, WA 98660 360-737-1727 Facility Regulatory Agencies, references, contacts, addresses and telephone number Clark County Health Department Clark County Public Works Gary Bickett - Environmental Health Specialist Anita Largent - Solid Waste Program Manager PO Box 9825 PO Box 9810 Vancouver, WA 98666 Vancouver, WA 98666 (360) 397-8061 (360) 397-6118 ext.4830 W A State Department of Ecology Wyn Hoffman - Environmental Specialist PO Box 47600 Olympia, W A 98504 (360) 407-6393 Year Developed West Van began operating in 1992 and was purchased by Waste Connections in 1999. Facility throughput (average and peak), and design capacity Average: 500 TPD Peak: 800 TPD Design: 1,000 TPD Annual MSW Tons: 74,200 Total construction cost of the facility, cost of work performed by the proposer during project development and payment received for operations in the most recent year Construction cost: $8 million (paid by Columbia Resource Company, WCI purchased in 1999) Revenue for 2003: $10 million Description of the Proposer's involvement in the project with respect to siting, permitting, design, construction and operation WCWI has been responsible for operation and maintenance of the facility since 1999. Operations include receipt and processing of MSW, source separated recyclable materials from both public drop-off and curbside collection, HHW, "dry" commercial loads with high recycling potential, C&D, and yard debris. CRC sited and permitted the facility in 1990. Description of Proposer's involvement in the project with respect to special waste and/or HHW handling West Van operates a Household Hazardous Waste Facility for residents of Clark County. Activities associated with the receiving of HHW are the inspection, unloading, sorting, classification, inventorying and packaging of hazardous wastes. Description of Proposer's approach to personnel transition, if any N/A October 29, 2004 Waste Connections of .h. Washington, Inc. ",.,.. 6.2-3 ....:". 6.3 . City of Port Angeles 6.3 PROPOSER'S SOLID WASTE LONG-HAUL TRANSPORT AND DISPOSAL EXPERIENCE FINLEY BUTTES REGIONAL LANDFILL - BOARDMAN, OR From 1986 to 1990, the Finley Buttes RegIOnal Landfill (FBRL) was sIted, permitted and constructed meeting or, in most cases, exceeding the most restrictive current state and federal standards which Included the October 1993 Subtitle D reqUIrements. Finley Buttes Landfill Company was formed to assume the ownership and operating control of the facility now located in arid Morrow County, Oregon. Finley Buttes Landfill Company was acqUIred by Waste Connections,Inc in 1999 and provides solid waste disposal servIces for Morrow County, the host Junsdlction of the FBRL The total permItted capacity at FBRL is 180,000,000 cubic yards wIth a remaining disposal capacity of approximately 169,000,000 cubiC yards. At current annual disposal volumes the facility has an estimated remaining site life of 208 years FBRL IS conveniently located WIthin 15 miles of the Port of Morrow intermodal facility operated by Tidewater Barge Lines and the surrounding area has almost no residential development with agnculture beIng the primary land use Waste Connections, Inc is the sole operator and responsible for all levels of dally operation and compliance With applicable regulations Owner Contact: . John Rodgers, District Manager Finley Buttes Landfill 73221 BombIng Range Road Boardman, OR 97818 Ph# 360 695 4858 ext 319 RegulatOlY Agency Reference' Lissa Druback, Eastern RegIOn Manager Oregon Department of Environmental Quality 400 East Scenic Drive, Suite 307 The Dalles, OR 97058 Ph# 541 298.7255 ext. 22 WASCO COUNTY LANDFILL - THE DALLES, OR Wasco County Landfill (WCL) IS a Subtitle D RegIOnal Landfill located about five miles southeast of The Dalles, OR. WCL was initiated in the 1940s when area farmers began using the locatIOn as a disposal site A tepee burner was added In the 1950s, With ash from the burner gOIng Into a small canyon ThiS canyon was closed, capped, and permanently sealed when Wasco County took over operatIOn of the landfill In the early 1970s The Oregon Department of Environmental Quality (ODEQ) began regulating the landfill In 1972 and has contInued to work With Wasco County In supervising ItS operation. In 1999, Waste ConnectIOns, Inc acqUIred the Wasco County Landfill. WCL IS the designated landfill for Wasco County under the county's Comprehensive Plan. . WCL consIsts of 511 acres of property, of whIch 160 acres are currently permitted for landfill operation The Wasco landfill has a currently approved design capacity of over 30 million tons The landfill currently averages 950 tons per day In daily gate receipts This landfill received October 29, 2004 Waste ConnectIOns of "~l.. Washington, !nc ~ ". 6 3-1 CIty of Port Angeles . 232,452 tons of waste during 2003. At this rate of fill, the landfill will have a site life of approximately 70 additional years. Waste Connections, Inc is the sole operator and responsible for all levels of daily operation and compliance with applicable regulations. Owner Contact: John Rodgers, District Manager Wasco County Landfill 2550 Steele Road The Dalles, OR 97058 Ph# 360.695 4858 ext 319 Regulatory Agency Reference: Lissa Druback, Eastern Region Manager Oregon Department of Environmental Quality 400 East Scenic Dnve, Suite 307 The Dalles, OR 97058 Ph# 541.298 7255 ext 22 Long Haul Transportllntermodal Experience WCI's newest subsidiary, Northwest Container Services Inc. (NWCS), (purchase to close on or before December 1, 2004), is a PaCific Northwest regIOnal rail services provider based in Portland, Oregon With rail facilities located in Portland, Oregon, Tacoma, Washington and Seattle, Washington. . NWCS has been providIng northwest ports with short haul rail logistics transportatIOn services since 1985 NWCS is a key component of the Pacific Northwest's effort to improve freight mobility by converting highway back to rail. NWCS assists steamship lines and shippers by transportIng over 60,000 containers annually The NWCS's Tacoma Intermodal Facility is a 15-Acre lntermodal rail yard facility with container storage and maintenance and repair capabilities WCWI's second Tacoma Intermodal IS operated by Pierce County Recycling, Composting and Disposal LLC dba LRI, currently ships 90,000 tons of mUniCipal solid waste per year from Pierce County to the Roosevelt Regional Landfill, located in Roosevelt, WashIngton, via our LRI Tacoma lntermodal Facility with service provided by the Burlington Northern Santa Fe Railroad. LRI's Tacoma lntermodal Facility has 2,400 feet of rail to load and off-load empty and full municipal solid waste containers The facility is equipped to handle 100 plus containers per day We have two top picks for contaIner handlIng, a Caterpillar VIIOO and a V900. ThiS facility has been in operation and shipping a portIOn of Pierce County's waste by rail SInce 1993 63-2 Waste Connectzons of ..hilt. Washzngton, !nc ,,~,. . October 29. 2004 City of Port Angeles . Long Haul Transport and Disposal Experience Clark County, WA to Finley Buttes LF In 1999, Waste Connections acquired Columbia Resource Company (CRe) which had been established to design, construct and operate solid waste, recycling, transfer, transportation and disposal facilities. In 1991, CRC entered into a 20 year contract with Clark County, Washington to transition from in-county processing and disposal of solid waste to an export waste system at Finley Buttes. Waste residual from both Vancouver WCWI transfer stations, Central Transfer & Recycling and West Van Materials Recovery, is compacted and containerized on-site, loaded onto transfer trailers and transported to the Tidewater interrnodal facility in Vancouver, W A. The loaded containers are then shipped via barge to the Port of Morrow in Boardman, OR. Once the containers reach the Port of Morrow Interrnodal facility, they are transferred onto over-the-road chassis and trucked to Finley Buttes for disposal. Under the Clark County contract approximately 250,000 tons per year are exported for disposal at Finley Buttes. County Contact: Mike Davis - (360) 397.6118 ext 4920 ClarK County Waster Production Specialist 515 W 15th Street, Vancouver, WA 98666 Port Townsend Paper- Port Townsend, WA . Waste Connections of Washington serves the Port Townsend Paper Mill for the transport and final disposal of their mill rejects, providing service from the Port Townsend Mill to LRI's Tacoma Interrnodal Facility by truck. Once loaded containers arrive at the Tacoma Interrnodal Facility they are transferred to rail for shipment to the Roosevelt Regional Landfill. The estimated total annual volume of waste handled for the Port Townsend Paper Mill is approximately 13,000 to 15,000 tons. Port Townsend Paper Port Townsend, Wa 98368. contact is Greg Knowles 360 379 2032, City of KIa wack - Klawock, AK WCWI is contracted to provide long haul waste transportation and disposal services to the City of Klawock, located on Prince of Wales Island, Alaska. An estimated 2,200 tons of solid waste is shipped annually by barge to Seattle, transferred directly to trucks and transported to WCWI's Interrnodal Facility in Tacoma, Washington for shipment via rail to Roosevelt Landfill. City of Klawock P.O. Box 469, Klawock, Alaska 99925. contact is Duane Gasaway 907 755 2261. Pacific County, WA to Wasco County LF and Finley Buttes LF . Waste Connections of Washington, Inc. is providing the waste transport and disposal services for Pacific Solid Waste, Inc. in Pacific County, Washington. A WCWI subcontractor, D&R Dietrich and Sons, Inc., provides operational services including the pick up of containerized waste from Long Beach Recycling and Transfer Station and transporting it via tractor trailer 250 miles to Wasco County Landfill located in The Dalles, OR, and 340 miles to Finley Buttes Landfill. ThIS ~~~~ ~~~if.'~ Washington, Inc. ~ .". 6.3-3 City of Port Angeles 1991 contract has been renewed several times in 13 years and involves the transport and disposal of about 13,000 tons per year. . Solid Waste Contact: Jay Alexander Pacific Solid Inc. P.O. A, Illwacho, W A 98624- ph# 360.642.2541 Skamania County, WA to Wasco County LF In 2000, WCWI was selected to provide transport and disposal for Skamania County. Transportation services are provided via WCWI subcontractor D&R Dietrich and Sons, Inc. and hauled to Wasco County Landfill. This contract involves the transportation and disposal of approximately 2,500 tons annually. Skamania County Contact: Brad Uhlig, Solid Waste Division PO Box 790 Stevenson, W A 98648 ph#: 509.427.9456 Potlatch -Lewiston, 10 to Finley Buttes WCWI was selected in 2002, to provide an on-site reload facility, collection, transport and disposal of industrial solids from Potlatch Corporation in Lewiston, Idaho to Finley Buttes Regional Landfill. The contract requires the collection, transport and disposal of approxImately 50,000 annual tons. Solid Waste Contact: Larry Neal, Potlatch Corporation, 803 Mill Road, Lewiston, ill 83501 - ph# 208.799.1691 . . 6.3-4 Waste Connections of ..h.. Washington, Inc. "'+' October 29, 2004 ~;.~ ....~P"''fJ!'l!''''#''''''''''~':". .., /~o?"!t"- ...d/~ 6.4 City of Port Angeles . 6.4 PROPOSER'S RECYCLABLE MATERIALS COLLECTION AND PROCESSING EXPERIENCE LOCATION OF RECYCLING EXPERIENCE WCWI conducts a full range of recycling curbside and consolidated collection and processing operations throughout Washington State, including the cIties of Vancouver, Puyallup, Sumner, Bonney Lake, Orting, Carbonado, Port Townsend, Coupeville, Milton, Tacoma and Moses Lake, as well as in Clark and Pierce Counties. We provide turn-key curbside collection, regional drop box and transfer facility service, as well as processing and marketing of recyclables. We have selected two local facilities to demonstrate our recyclables processing and marketing expertise: I) Tacoma Recycling Company, Inc. for recyclables processing and marketing and 2) Pierce County Compost Factory for yard debris composting and marketing. TRC operates a large-scale material recovery facility located at 2318 South Tacoma Way in the Nalley's Valley area. TRC accepts/remarkets an average of 4,200 tons per month of household and commercial recyclable materials. Pierce County Compost Factory, part of Pierce County Recycling, Compo sting and Disposal LLC, dba LRI, operates a composting facility at adjacent to the closed Hidden Valley Landfill in Pierce County at 17925 Meridian Street East, Puyallup, WA 98373. NAME OF FACILITY AND OWNERSHIP INFORMATION Tacoma Recycling Company, Inc. is a wholly owned subsidiary of Waste Connections, Inc. WCWI has a majority interest in the Pierce County Compost Factory, part of Pierce County Recycling, Compo sting . and Disposal LLC, dba LRI. DESCRIPTION OF RECYCLING MATERIALS PROCESSED, INCLUDING QUANTITY AND TYPE TRC collects, processes, transports and markets approximately 50,000 tons of mixed recyclables annually to secondary market customers around the world including all paper fiber grades, assorted grades of plastic, glass, aluminum, and tin. LRI receives yard waste from residential curbside collectIOn programs for all incorporated and unincorporated areas in Pierce County, and will soon be under contract to accept yard debris from the City of Tacoma. Self-haul clients include residential customers, commercial land- clearing services, commercial landscapers, and commercial lawn mowing services. The Compost Factory receives about 70,000 tons of compostable materials a year for processing. YEARS OF OPERATION TRC has provided commingled recycling processing and marketing services to the City of Tacoma for the past 14 years. The business was started in 1975 as a regional buy-back facility. The City has received numerous awards and recognition for the program's success, whIch has become a statewide model of municipal and private cooperation on recycling operations. LRI's Compost Factory operations began in and has 10 years of experience using forced-air, turned, mass-bed compo sting technology for aerobic processing of organic wastes. . 6.4-1 Waste Connections of ..h. Washington, Inc. ".r October 29, 2004 City of Port Angeles MARKET FOR DISPOSITION OF RECYCLABLE MATERIALS . Newspapers are marketed to more than 25 different domestic and international paper mills to make new newspaper. Newspaper is also brokered to boxboard mills, medium and liner board manufacturers, tissue mills, and for use in making formboard, insulation, and numerous other products. Mixed waste paper is marketing to more than 25 different domestic and international paper mills to make boxboard, medium and liner board, tissue, formboard, insulation, and numerous other products. Corrugated cardboard is marketed to manufacturers of corrugated cardboard, liner board, chip board, Kraft sheet, and millwrap. Clear. brown and green glass bottles and jars are marketed to two regional glass mills. Aluminum Cans or Used Beverage Containers and aluminum foil are marketed to domestic mills and overseas markets. Tin or steel cans are marketed to domestic and overseas steel mills. Mixed plastic bottles are marketed to overseas markets that can use multiple grades of number 1 and 2 plastics with various melt indices. These are primanly overseas markets. Plastic Film is shipped mostly to domestic markets although there is increasmg interest from overseas mills to purchase this material. Composted yard debris (typically either a fine compost 5/16th inch or less and a coarser product 7/16th . inch or less) are used for topsoil mixes and dIrect applications for incorporation or fine mulch. Woody overs are sold as an erosion control mulch, filter berm material, or hogged fuel. We sell composted product under the brand name PREP Compost. Sixty to seventy percent of our products are currently marketed through Vern's Organic Topsoils and Randles Sand & Gravel. These firms move the product as it is screened to reduce our storage requirements. We agree to sell to them and not their customers, and they do all the blending, marketing and trucking in exchange for a reduced pnce. The other 30 to 40 percent is sold by LRI directly to landscapers and the general public at our Sales Road site or to Pierce County for their public work projects. WCWI's success in recyclables collection experience is demonstrated through our City of Puyallup, W A contract (1976 to 2008). The contract requires WCWI to provide solid waste, recycling and yard debris collection service. Annual Revenues: Annual tonnages Overall customers: Collection System: $4,431,692 8,508 Solid waste, 2,045 Recyclables, 7,543 Yard Debris 8805 residential/commercial accounts Single-person rear-load trucks are used for residential garbage and yard debris collection. Recyclables are collected bi-weekly in a 35-gallon cart with two insert bins (glass/newspaper) via side load collection trucks. Commercial garbage is collected using rear-load, front-load and roll-off trucks. Multifamily recycling is provided via 96-gallon carts or 2- to 30-yard steel containers. Honorable Kathy Turner, Mayor, (253) 840-4811 Reference: Please see attached letter of recommendation from the City of Puyallup, W A. . 6.4-2 Waste Connections of ~hlJ! Washington, Inc. ",.,. October 29,2004 _,~';tI, "".~' .....9- /~ /ffP/ / 6.5 .,y/' ~.P ,,P," .j;Y" ' ,r. j!'~ ,/' ~}f', ./ City of Port Angeles . 6.5 PROPOSER'S CO-COMPOSTING EXPERIENCE LRJ COMPOST FACTORY WCI has majority interest in LRI, including its Compost Factory. LRI's Compost Factory is located adjacent to the Hidden Valley Landfill and Transfer Station in Puyallup, WA. The 20-acre site is 280 feet by 550 feet long, with stack heights ranging from 35 to 45 feet. Over 154,000 square feet (3.5 acres) of the operational area is enclosed. The Compost Factory also includes an office and laboratory, employee facilities, maintenance area, blower rooms and a designed wetland for treating storm water. The Factory is capable of handling a full range of organic waste materials. Accepted materials include: yard debris, wood waste, commercial food waste with waxed cardboard, post-consumer food wastes, biosolids (exceptional quality municipal sewage sludge), paper products, animal manure and bedding, and other compostable organic wastes. All must be source separated for composting and clean of any contaminants. The Receiving Areas, with aerated floors, can receive, grind and blend 470 tons per day of feedstock. The universal refiner grinder, screens, and mixers are fully enclosed to reduce noise, dust and odors. The Composting Hall is fully enclosed and can compost 130 tons per day with peaks of 250 tons per day. It has two separate processing streams to make products with different feedstocks to meet market preferences. The aerated floor has 10,000 ports and 18 blowers that are computer controlled to provIde the optimum amount of oxygen and cooling air. Damper actuators change the direction of airflow to pull or push through the pile to minimize temperature stratification. . The material is turned and watered using a SCAT4932, which turns over 2,000 cubic yards per hour. Water is re-circulated using two 13,OOO-gallon tanks and a hose reel system attached to the SCAT. High temperatures sanitize the material, and then the temperature is lowered to provide optimum conditions for fast degradation. Four large ventilation fans feed building air to four biofilters that scrub and treat the odorous air generated inside the building. The Curing and Screening Area allows the products to reach a more finished state as desired by some markets. A double Erin Stardeck screen provides infinitely variable product separation. The resulting high quality compost and mulch products are sold throughout Puget Sound. Sorting, ginding and processing of organic wastes, to create clean, homogeneous blends from diverse feedstocks . . Concrete aeration floor system for receIvmg, compo sting, curing and biofiltration activities . Automatic blower controls for temperature and oxygenation management . Standard turning equipment for moving material laterally and maintaining porosity at a rate of 1,800 cubic yards/hour . Water makeup system attached to the turner to add moisture throughout the process . Automatic temperature monitoring and control Waste Connections of ..h. Washington, Inc. ".,.. October 29, 2004 6.5-1 City of Port Angeles · Enclosure, collection, and treatment of odorous gases using engineered biofilters . Collection and reuse of process water . Covering or enclosure of all material handling operations · Storm water management and treatment from surrounding roads and roof areas using storage ponds and engineered filtration ponds. . A progressive odor management program that includes responsiveness to neighbors and regulators, process and facility modifications, and testing of modifications to assure neighbor acceptance The majority of LRI's experience with orgamc materials handling and processing originates from the Pierce County yard waste collection program. The contract with the County began in 1992 and runs until 2011. The Compost Factory and the Purdy Compost Facility receive about 70,000 tons of compostable materials a year for processmg. . Self-haul clients include residential customers, commercIal land-clearing services, commercial landscapers, and commercial lawn mowing services, who deliver yard waste to our facllities at Steele Street in Tacoma, Purdy Landfill in Purdy, Key Center drop box facility in Pierce County, Prairie Ridge drop box facility in Pierce County, and the Compost Factory at Hidden Valley. This activity . accounts for less than 5% ofLRI's total volume. LRI receives yard waste from residential curbside collection programs for all incorporated and unincorporated areas in Pierce County including the City of Tacoma. For information on the Compost Factory, Hidden Valley Landfill and Transfer Station, please contact: David Bosch (253) 798-6500 Tacoma-PIerce County Health Department 3629 South D Street Tacoma, WA 98418 . 6.5-2 Waste Connections of ..hit Washington, Inc. """.' October 29, 2004 ~, City of Port Angeles . 6.6 PROPOSER'S POST-CLOSURE LANDFILL EXPERIENCE HIDDEN VALLEY LANDFILL (PIERCE COUNTY, WASHINGTON) WCWI has managed and conducted all Post-Closure activities at this facility since 1999, in accordance with local, state, and federal permits and regulations. The Hidden Valley Landfill encompasses approximately 86 acres. Post closure activities include: . Groundwater monitoring . Gas migration monitoring . Gas extraction system maintenance and monitoring . Maintenance and operation of facility gas-to-energy plant . Maintenance and operation of facility leachate treatment plant . Landfill cover and vegetation maintenance . Storm water management system maintenance . Inspections, recordkeeping, and reporting Post closure activities are conducted utilizing primarily in-house staff including engineering manager, gas system technician, and equipment operators. Groundwater monitoring and related reporting is conducted by a third party consulting firm. . PURDY LANDFILL (PIERCE COUNTY, WASHINGTON) WCWI has managed and conducted Post-Closure activities at the Purdy Landfill since 1999. This facility includes approximately 15 acres. Very similar to the eventual Port Angeles Operation, this closed landfill is located on property which includes an active transfer station and composting facility. WCWI also operates the transfer station and compost facility and is therefore, experienced in conducting post closure activities without disruption to other facility operations. Post closure activities at the Purdy Landfill includes groundwater and gas migration monitoring, cover maintenance, storm water management system maintenance, inspections and reporting. The facility currently has an active gas extraction system and enclosed flare which WCWI is assessing for possible decommissioning due to low gas flow. Post closure activIties are conducted under the supervision of in-house engineering staff and local management. WASCO COUNTY LANDFILL - PHASE I DISPOSAL AREA (WASCO COUNTY, OREGON) Phase I at the Wasco County no longer receives waste yet is part of a larger, operating facility. Post closure activitIes at the facIlity include cover maintenance, groundwater monitoring, inspections, and reporting. WCWI is currently completing a gas generation assessment for the design of a gas extraction system to be installed in 2005. Post closure type activities at the Wasco facility are conducted under the supervision of the site manager and facility personnel, with oversight assistance from the engineering manager. . 6.6-1 Waste Connections of 4.h~ Washington, Inc. ""11I\.' October 29,2004 - - ..?/~/ y'~~~ 6.7 .,,~-"Y .'Jnv/-~ - //:;~ ~/ -1'''' /> r(~"// , , \, City of Port Angeles . 6.7 PROPOSER'S MRWF EXPERIENCE . . As described below, Waste Connections, Inc. operates and / or is in the process of developing, several HHW facilities in Oregon and Washington. WCI typically constructs and operates HHW facilities at existing, operating facilities such as transfer stations. This approach, as described in the examples below, is very similar to the requirements of the Port Angeles facility, where other operational activities will be occurring in the vicinity of the MRW facility. WCI commonly partners with Phihps Services Corporation (PSC) in the operation of these facilities including transport and disposal. CLARK COUNTY, WASHINGTON WCI, dba as Columbia Resource Company (CRC) owns and operates two solid waste transfer stations in Clark County, Washington that serve approximately 532,000 residents. In April 1990, Clark County awarded CRC with a twenty (20) year contract to provide solid waste services, including HHW collection, to county residents. Both transfer stations support permanent Household Hazardous Waste (HHW) collection units located within the permanent structures of the transfer stations. WCI partners with Philip Services Corporation (PSC) to provide HHW collection services. The HHW facilities are open for drop-off from 8 a.m. to 4 p.m. two days of the week. PSC provides on-site labor, manifesting, transportation, and disposal services for both facilities. Trained WCI personnel are present at the transfer stations to assist customers during non-scheduled drop offs. WCI personnel assist in segregating waste streams for future bulking activities conducted by PSC personnel and educating customers on acceptable waste streams. WASCO, SHERMAN, AND HOOD RIVER COUNTIES, OREGON WCI waste recently awarded a 6.5 year contract to provide HHW services for the above-captioned Tri- County area. WCI is currently preparing facility development plans for construction of HHW facilities at two existing transfer stations, which will serve approximately 46,000 residents. Trained WCI and PSC personnel will partner perform and provide unloading, identification, packing, storage, transportation, and disposal services. PIERCE COUNTY, WASHINGTON WCI is currently developing facility design and operating plans for an HHW facility to be located at the Hidden Valley Transfer Station. This facility will provide HHW services for Pierce County residents as part of our Solid Waste Services Agreement. As wIth our other HHW operations, WCI will partner with PSC to provide unloading, identIfication, packing, storage, transport and disposal services for HHW. October 29, 2004 Waste Connections of ..h. Washington, Inc. ".'" 6.7-1 \ \ , \"'\ "ill. '\ ~ \~ "-' ~\ ' \\~ \. \\ ", v, '\ \\~ \ '\~ ~\l " \;, 'I' \0, City of Port Angeles . 6.8 RESUMES OF KEY OFFICERS AND PROJECT TEAM LEADERS Eric M. Merrill Vice President, PacIfic Northwest Region 611 SE Kaiser Avenue, Vancouver, W A 98661 (360) 695-4858 ericme@wcnx.org Percent Available for Project: 5 - 10% Mr. Merrill has more than 14 years' experience in the solid waste and recycling industry. He directs the entire range of WCI's operations in Washington and Oregon, including collection contracts, landfills, transfer stations, recycling centers, and collection companies. Before joining Waste Connections, Mr. Merrill was Regional Vice President, Sales and Marketing, for Waste Management, where he was responsible for sales, municipal marketing and customer service for Washington, Oregon and Idaho. As Group Project Manager for the West Group of Waste Management from June 1995 to August 1996, he was responsible for market development and solid waste and recycling facility permitting, design, and construction. From October 1988 to June 1995, he held various management positions with Waste Management, including Division President of the three operating locations in Washington and Northern Idaho. Mr. Memll holds a BS degree in Accounting from the University of Oregon. Mr. Memll will be acting in a supporting role to Mr. Westmoreland for the City of Port Angeles contract. . PROJECT MANAGER ISERVICE AGREEMENT ADMINISTRATOR Edward L. Westmoreland Percent Available for Project: 20 - 25% Division Vice President 2916 107th Street South Lakewood, W A 98499 (253) 414-0349 eddiew@wcnx.org Mr. Westmoreland has 26 years of experience in the solid waste management industry, four of which have been spent in his current role as Division Vice President for Waste Connections, Inc. He is responsible for the overall management of the Northern Washington Division. He has held several senior management positions with WCI, Allied Waste Industries, Inc., and Rabanco Companies in Washington State. Mr. Westmoreland has extensive experience with solid waste collection operations, transfer station operations, landfill contracts, and asset management throughout Washington, Oregon, Alaska, and British Columbia. His direct contract management experience includes managing residential and commercial collections in King, Snohomish, and Pierce Counties. FINANCE MANAGER John Olnick District Controller 2916 107th Street S. Lakewood, W A 98499 (253) 414-0364 iohno@wasteconnections.com Percent Available for Project: 10 % Mr. Olnick has a Master of Business Administration and undergraduate B.S. Degree in Accountmg. His work experience includes 12 years in the accounting field with six of those years dedicated to manufacturing accounting and management. Mr. Olnick has been with Waste Connections since 2001. He . serves as the District Controller for WCI's northern Washington business unit, and prepares quarterly, 6.8-1 Waste Connections of ..hI/! Washington, Inc. ~+,. October 29,2004 City of Port Angeles annual and special finanCial reports required by municipal contracts and for local, state and federal agencIes. . FACILITY DESIGN, CONSTRUCTION/CONSTRUCTION MANAGEMENT John Rodgers Percent Available for Project: 25 - 30% RegIOn Engineer 501 SE Columbia Shores Blvd, Suite 350 Vancouver, W A 98661 (360) 695-4858 iohnro@wcnx.org Mr. Rodgers joined Waste Connections as the Regional Engineering Manager in February of 2004. He is responsible for engineering oversight for all Waste Connections operations in Oregon and Washington. He has 14 years of waste industry experience. His previous industry experience includes serving as Site Engineer for Waste Management from November 1990 to March 1997 where he was responsible for landfill design, environmental monitoring programs, and compliance. From March 1997 to February 2004, his role was with Allied Waste/Browning Ferris as Regional Engineer and Landfill General Manager. EQUIPMENT PROCUREMENT AND INSTAllATION Scott Schreiber Director of Landfill Operations 35 Iron Point Circle, Suite 200 Folsom, CA 95630 (916) 608-8200 scotts@wcnx.org Percent Available for Project: 5 - 10% . Scott Schreiber has been Waste Connections, Inc.'s Director of Landfill Operations since October 1998. Prior to joining the company, Mr. Schreiber gained extensive experience in landfill management. From September 1993 to September 1998, Mr. Schreiber served as Director of Landfill Development and Director of Environmental Compliance for Allied Waste Industries. From August 1988 to September 1993, Mr. Schreiber served has Regional Engineer and Director of Landfill Development for Laidlaw Waste Systems. From June 1979 to August 1988, Mr. Schreiber held several managerial and technical positions in the solid waste and environmental industry. STARTUP, OPERATIONS AND MAINTENANCE Kent W. Kovalenko District Manager 2548 West 19th Street Port Angeles, W A 98363 (360) 452-7278 kentk@wasteconnections.com Percent Available for Project: 70 - 80% Mr. Kovalenko has 14 years of waste industry experience. Mr. Kovalenko has held various management positions with Murrey's Disposal (a Waste Connections company since 1999) from June 1990 to present. During his years of service, he has been instrumental in the implementation of a curbside recycling program to 60,000 customers, yard waste program, and developed and implemented a Commercial OCC program in Pierce County. From March 1996 to March 2000, Mr. Kovalenko performed the duties of Operations Manager for Tacoma Recycling (a Murrey's operation) where he managed 60+ employees at a facility that received, processed, and shipped 4,500 tons per month of both post and pre-consumer . 6.8-2 Waste Connections of ..-ft. Washington, Inc. ~+,.. October 29, 2004 . . . City of Port Angeles recycling materials. Mr. Kovalenko served as Operations Manager for Murrey's Disposal from March 2000 to March 2004 where he supervised 100+ drivers and was responsible for overseeing the day-to-day operations to ensure quality collection service to over 13,000 residential and commercial customers per day, as well as the daily transportation of over 400 tons from the Murrey's transfer station to the landfill and to the intermodal yard in Tacoma. Mr. Kovalenko is currently the District Manager for Waste Connections' two hauling operations on the OlympIC Peninsula and also the Blue Mountain Drop-Box Operations. RECORDS AND ADMINISTRATION Susan K. Hurlbut Solid Waste Operation Administration 2153 4th Street Port Townsend, W A 98368 (360) 452-7278 susanhu@wcnx.org Percent Available for Project: 100% Susan Hurlbut will be responsible for collecting, maintaining and submitting all records and administrative documents related to the contract and to transfer facility operations. She has a combined 30 years of experience in customer service, accounts payable, and accounts receivable. Ms. Hurlbut worked with Farmer's Insurance for 22 years in various capacities ranging from Records Administrator to Claims Customer Service, gaining a depth of knowledge in the accounts receivable and claims processing arenas. Since joining Waste Connections in 2002, Ms. Hurlbut has been responsible for overseeing the accounts receivable and billing functions for the WCWI operations on the Olympic Peninsula. Her responsibilities include working extensively with customers and maintaining accurate and complete records. Michele D. Cox Operations Supervisor 2548 West 19th Street, Port Angeles, WA 98363 (360) 452-7278 michelec@wcnx.org Percent Available for Project: 30 - 40% Michele Cox will provide administrative and operations management assistance for the transfer station operations and curbside collection components of the project. She has more than 12 years of solid waste management operations experience. Ms. Cox served as a residential and commercial route driver from 1992 to 1997 and has since filled various operations management positions up to and including her recent promotion to Operations Supervisor of WCWI's two Olympic Peninsula hauling facilities. Ms. Cox brings to the table a practical working knowledge of the geographic area and nuances of successful day- to-day operations. Carrie Gregory Compost Quality Manager 17926 Meridian Street East Puyallup, W A 98373 (253) 847-7555 carrieg@wasteconnections.com Percent Available for Project: 30 - 40% Carrie Gregory will provide technical assistance with the co-compo sting facility operation. She holds SW ANA certifications as both a Composting Systems Manager (2004) and a Compost Facility Operator (1998); she achieved Level 2 Manager status in 2001. Ms. Gregory performs process monitoring and control at the Compost Factory and Pierce County Compost Facility. She maintains the aeration Waste Connections of ..hit. Washington, Inc. ~+,.. October 29, 2004 6.8-3 ~ ~ City of Port Angeles ~-==::.]I distribution systems, wastewater collection and re-use. Ms. Gregory determines daily mix ratios, moisture applications, PFRP and V AR complIance, process and ventilation blower operation, process automation settings, computer control and data logging. She provides analytical results to owners and customers to communicate company activities and need for changes in operations, and to present project results. She also makes adjustments to the Plan of Operations in coordination with regulators to reflect changes in operations and new regulatory requirements. Ms. Gregory has a degree in Environmental Sciences (1998). . John Pick Landfill Technician 17925 Meridian Street East, Puyallup, W A 98373 (253) 847-7555 irpick(a)aol.com Percent Available for Project: 10 - 15% John Pick is WCWI's dedicated Landfill Gas Technician. He has five years of experience in the solid waste management industry, including two years of experience in compo sting. John is recognized by the Washington Organic Recycling Council (WORe) as a Certified Compost Facility Operator. For the past three years John's primary focus has been in managing Landfill Gas (LFG). John's training and practical experience includes monitoring, operation, maintenance and design of both active and closed landfill gas systems. He also assists with the operation of a Landfill Gas-to-Energy facility at WCWI's closed Hidden Valley Landfill. Robert W. Carn, PE Vice President URS Corporation 111 SW Columbia, Suite 1500, Portland, OR 97201-5850 (503) 948-7281 Robert Carn@URSCorp.com Percent Available for Project: 10 - 30% . Bob Carn has over 40 years of industrial engineering experience. He has carried out the responsibilities of design engineer, project engineer, project manager, resident engineer, and principal on numerous projects involving industrial development, materials handling, solid waste, and marine facilities. Mr. Carn has 20 years of continuous involvement in design of solid waste recycling and transfer stations. Through experience gained in the planning of over 70 different solid waste facilities, he has extensive knowledge of the site planning process for recycling facilities and transfer stations, including permitting, site layouts, waste processing systems, and related appurtenances. Mr. Carn received his RA.Sc. Civil Engineering from the University of British Columbia in 1964 and is a Registered Professional Engineer in Oregon (1968). Terrill Chang, PE Senior Solid Waste Engineer URS Corporation 1501 4th Ave, Suite 1400, Seattle, W A 98101-1616 (206) 438-2596 Terrill Chang@URSCorp.com Percent Available for Project: 20 - 60% . 6.8-4 Waste Connections of ..h. Washington, Inc. "'.' October 29,2004 . . . City of Port Angeles Terrill Chang has been involved with landfills, incinerators, and transfer stations since 1979. His experience includes siting, planning, conceptual and final design, startup, and operations evaluations at solid waste facilities. His design experience includes preload compactors for two City of Seattle transfer stations and Portland's Metro South station. Mr. Chang was project manager for siting King County, Washington's Factoria Transfer Station and provided the conceptual design for the Port Angeles Transfer Station. He has developed Master Plans for five transfer stations and provided operational analyses on nine other stations. He also has experience in landfill gas control and utilization systems. Mr. Chang received his MS from Oregon State University, 1974, and his BS, Massachusetts Institute of Technology, 1972. He is a registered Professional Mechanical Engineer in Washington (1978) and Oregon (1989). Mike O'Donnell Philip Services Corporation -HHW Business Manager 18000 72nd Ave S. #217, Kent, W A 98032 (425) 204-7052 modonnell@contactpsc.com Percent Available for Project: 5% Mr. O'Donnell has worked almost exclusively with HHW programs since beginning with PSC in 1993. His experience with HHW programs includes on-site supervision of over 200 mobile collection days, program development and full oversight for PSC's Washington HHW accounts. Mr. O'Donnell's extensive field experience has given him real world knowledge necessary to create solutions for his clients. He is well versed in DOT, RCRA, and MRW regulations as pertains to both HHW and Industrial hazardous waste generators. October 29, 2004 Waste Connections of ..hilt Washington, Inc. ".' 6.8-5 . . . 6.9 I I "...?~ "~~~.- .' ,-- "-' -- , 'y . Solid Waste Processing Facility Development & Management Services . City of Port Angeles Glenn A. Cutler Director of Public Works and Utilities 1- _ ''_'_ Eric M. Merrill .' Vice President .' . Pacific Northwest Region City of Port Angeles . Tom McCabe Solid Waste Supervisor WCWI Project Manager/ . Service Agreement Administrator Edward L. Westmoreland I Transfer Station Design VI Post Closure Landfill Monitoring John Pick III Blue Mountain . Bob Carn, PE (URS) Terrill Chang, PE (URS) II Transport Michelle Cox PA (tbd) WCWI Staff LEGEND WCWI Waste Connections of Washington, Inc. (all staffWCWI employees unless otherwise noted) URS URS Corporation PSC Philip Services Corporation PA City of Port Angeles staff to be hired by WCWI TBD To be determined . , ~~-'"'--'""~-.,:; Finance Manager.. John Olnick Records & Administration Susan Hurlbut Startup Operations & Maintenance Kent KovaJenko IV Recycle Collection Michelle Cox WCWI Staff V Co-Composting Carrie Gregory PA (tbd) VII MRWF Mike O'Donnell (PSC) PA (tbd) ~ 5.717-3 ~_" ~ .. n~~".. EVERGREEN FLEXIBLE BONOING SOLUTIONS 6140 Parkland Blvd SUite #300 Mayfield Hts, OH 44124 phone 440-995-5100 fax 440-995-5101 toll free 800-641-9222 October 13,2005 RECEIVED OCT 1 7 2005 PORT ANGELES LEGALDEPARTIIENT Mr. William E. Bloor City Attorney City of Port Angeles 321 East Fifth Street P. O. Box 1150 Port Angeles, Washington 98362-0217 Re: Waste Connections of Washington, Inc. Bond #850790 Solid Waste Transfer Station - City of Port Angeles Dear Mr. Bloor: I am in recent of a copy of your letter dated October 4,2005 to Waste Connections regarding the above referenced bond. The bond was executed on March 31, 2005 with an effective date of October 1, 2005. The March 31, 2005 date represents the signed and sealed date of the bond and Power of Attorney. The bond is in full force and effect. If you have any questions or require any additional information please do not hesitate to contact me at (800) 641-9222. Cordially, KPP:lg E o (J CI) u c o .0 c III III OJ ~ > III @ o 'l- ~ cc: Waste Connections, Inc. o ~ LU Web ,'e, ~~e'g'eenbond,com -~ EVERGREEN NATIONAL INDEMNITY COMPANY COLUMBUS, OHIO POWER OF ATTORNEY PRINCIPAL Waste Connections of Washington, Inc. CONTRACT AMOUNT EFFECTIVE DATE October 13, 2005 AMOUNT OF BOND $ 8, 762, 703.00 POWER NO N/ A KNOW ALL MEN BY THESE PRESENTS. That the Evergreen National IndemnIty Company, a corporatIOn in the State of OhIO does hereby nominate, constItute and appomt: .L.:,..f-'-'-'-'-'-'-'-'-'-'- *"k-ki-"*KATHLEEN P. PRICE"'''''''''''''''''''''''' Its true and lawful Attorney(s)-In-Fact to make, execute, attest, seal and delIver for and on its behalf, as Surety, and as Its act and deed, where reqUIred, any and all bonds, undertakmgs, recognIzances and wrItten oblIgatIOns m the nature thereof, PROVIDED, however, that the oblIgatIOn of the Company under this Power of Attorney shall not exceed EIGHT MILLION SEVEN HUNDRED SIXTY TWO THOUSAND SEVEN HUNDRED THREE AND 00/100 DOLLARS ThIS Power of Attorney IS granted and IS signed by facsImile pursuant to the followmg ResolutIOn adopted by ItS Board of DIrectors on the 23rd day of February, 1994. "RESOLVED, That any two officers of the Company have the authonty to make, execute and delIver a Power of Attorney constItutmg as Attorney(s)- m-fact such persons, firms, or corporatIOns as may be selected from tIme to time FURTHER RESOLVED, that the SIgnatures of such officers and the Seal of the Company may be affixed to any such Power of Attorney or any certificate relatmg thereto by faCSImIle, and any such Power of Attorney or certIficate beanng such faCSImIle signatures or faCSImIle seal shall be valId and bmdmg upon the Company; and any such powers so executed and certIfied by facsumle SIgnatures and facsunile seal shall be valid and bmdmg upon the Company m the future WIth respect to any bond or undertakmg to which It IS attached" IN WITNESS WHEREOF, the Evergreen NatIOnal IndemnIty Company has caused Its corporate seal to be affixed hereunto, and these presents to be SIgned by ItS duly authonzed officers thIS 27th day of August, 2001. EVERGREEN NATIONAL INDEMNITY COMPANY ILwc;! rUd Roswell P. EllIs, PreSIdent ~ Glenn D SouthWIck, Treasurer Notary Public) State of OhIO) SS On this 27th day of August, 2001, before the subscnber, a Notary for the State of OhIO, duly commISSIOned and qualIfied, personally came Roswell P. EllIS and Glenn D. Southwick of the Evergreen NatIOnal Indemmty Company, to me personally known to be the mdlvlduals and officers descnbed herem, and who executed the precedmg mstrument and acknowledged the executIOn of the same and bemg by me duly sworn, deposed and saId that they are the officers of saId Company aforesaId, and that the seal affixed to the precedmg mstrument IS the Corporate Seal of saId Company, and the Said Corporate Seal and signatures as officers were duly affixed and subscnbed to the said mstrument by the authonty and directIOn of said Corporation, and that the resolution of said Company, referred to m the precedmg mstrument, IS now m force IN TESTIMONY WHEREOF, I have hereunto set my hand and affixed my official seal at Columbus, OhIO, the day and year above wntten ~lli C' Du.f# State of OhIO ) SS Notary PublIc State of OhIO My CommISSIOn expIres August 6, 2004 I, the underSIgned, Secretary of the Evergreen NatIOnal Indemmty Company, a stock corporatIOn of the State of OhIO, DO HEREBY CERTIFY that the foregoing Power of Attorney remams m full force and has not been revoked; and furthermore that the Resolution of the Board of Directors, set forth herem above, is now In force SIgned and sealed In Columbus, Ohio thIS 13 th day of Oc tober 2005 c;;tr/p/~ John A. Marazza, Secretary Any reproductIOn or faCSImIle of thIS form IS VOId and mvalId. - '. 5. -, J 7--'1 RECE\VED SFP 2 9 2005 pORfANGELESLEGALDEPAffilAENT FORM 5.5 . JSTRUCTION PERFORMANCE and PAYMENT BOND Bond to the City of Port Angeles Bond # CITY OF PORT ANGELES SOLID WASTE PROCESSING FACILITY DEVELOPMENT AND MANAGEMENT SERVICES 850790 KNOW ALL MEN BY THESE PRESENTS: W9sh:ington In:. That we. the undersigned. Waste Connections of ' as Principal. and Evergreen National Indemni ty Company a corporation. organized and existing under the laws of the State of' Ohio, . as a surety corporation. and qualified under the laws of the State of Washington to become surety upon bonds of contractors with municipal corporations as surety. are jointly and severally held and firmly bound to the City of Port Angeles in the penal sum of $ 8 762 70 . 00 ~hh'~'~h'rln'd:'/~'n': ~h'n'~hh':-:n'n'n'n'n'n'n'~hh'n'n'n': for the payment of which sum on demand we bind ourselves and our successors, heirs, administrators or personal representatives, as the case may be. This obligation is entered into pursuant to the statutes of the State of Washington and the ordinances of the City of Port Angeles. Dated at C/~ (fa IM-; (" CJv.--.+y ,Washington, this /6+-day of 00+0 '1 ~ , 20& The conditions of the above obligation are such that: Waste Connections of WHEREAS, the City of Port Angeles has let or is about to let to the saidWashington, Inc. the above bounded Principal, a certain Service Agreement. the said Agreement providing for Solid Waste. Processina Facility DeveJonment and Manaaement Services (which Service Agreement is referred to . herein and is made a part hereof as though attached hereto), and WHEREAs, the said Principal has accepted, or is about to accept, the said Agreement, and undertake to perform the work therein provided for in the manner and within the time set forth; now, therefore, If the said Principal, Waste Connections of Washington, Inc. , shall faithfully perform all of the provisions of said Agreement in the manner and within the time therein set forth, or within such extensions of time as may be granted under said Agreement, and shall pay all laborers, mechanics, subcontractors and materialmen, and all persons who shall supply said Principal or subcontractors with provisions and supplies for the carrying on of said work, and shall ind~mnify and hold the City of Port Angeles harmless from any damage or expense by reason of failure of performance as specified in said Agreement or from defects appearing or developing in the material or workmanship provided or performed under said Agreement within a period of two years after its acceptance thereof by the City of Port Angeles, then and in that event, this obligation shall be void; but otherwise, it shall be and remain in full force and effect. Signed this 31st day of March ,2005. B Waste Connect'ons of Washington, Inc. Principal By ~ j1/ce IYeS,'d~IAT Title 1900 Corporate Boulevard, Suite 400E Boca Raton, Florida 33431 Agent Address Karen LoConti-Diaz (800) 641-9222 Agent Contact and Phone Number Ka .EGn P. Price, Attorney-In-Fact T.t! ' i...9 . 6140' Parkland Boulevard, SUlte 300 Cleveland, Ohio 44124 Surety Address ' Kathleen Price (800) 641-9222 Surety Contact and Phone Number March 31 200~ 5 .._-~~-, P-7 Waste Connections of Washington, Inc. Legal Name of Proposer EVERGREEN NATIONAL INDEMNITY COMPANY COLUMBUS, OHIO POWER OF ATTORNEY PRINCIPAL Was te Connections of Washing ton, INc. CONTRACT AMOUNT EFFECTIVE DATE October 1, 700') AMOUNT OF BOND $ 8,762,703. OO~'ddnb'd~ POWERNO 850790 KNOW ALL MEN BY THESE PRESENTS. That the Evergreen National Indemmty Company, a corporatIOn m the State of OhIO does hereby nominate, constitute and appomt j'~'n'n'~KATHLEEN P. PRICF;tntn'~'ntn'n'( Its true and lawful Attorney(s)-In-Fact to make, execute, attest, seal and deliver for and on Its behalf, as Surety, and as Its act and deed, where reqUired, any and all bonds, undertakmgs, recogmzances and wntten obligatIOns m the nature thereof, PROVIDED, however, that the obligatIOn of the Company under this Power of Attorney shall not exceed EIGHT MILLION SEVEN HUNDRED SIXTY TWO THOUSAND SEVEN HUNDRED THREE AND 00/100 DOLlARS This Power of Attorney IS granted and IS Signed by facsimile pursuant to the followmg ResolutIOn adopted by ItS Board of Directors on the 23rd day of February, 1994: "RESOLVED, That any two officers of the Company have the authonty to make, execute and deliver a Power of Attorney constItutmg as Attorney(s)- m- fact such persons, firms, or corporatIOns as may be selected from time to time FURTHER RESOLVED, that the signatures of such officers and the Seal of the Company may be affixed to any such Power of Attorney or any certificate relatmg thereto by faCSimile, and any such Power of Attorney or certificate bearmg such faCSimile signatures or faCSimile seal shall be valid and bmdmg upon the Company, and any such powers so executed and certified by faCSimile signatures and faCSimile seal shall be valid and bmdmg upon the Company m the future With respect to any bond or undertakmg to which It IS attached" IN WITNESS WHEREOF, the Evergreen NatIOnal Indemmty Company has caused ItS corporate seal to be affixed hereunto, and these presents to be Signed by ItS duly authonzed officers thiS 27th day of August, 2001 EVERGREEN NATIONAL INDEMNITY COMPANY ILdV cUd Roswell P ElliS, PreSident ~ Glenn D SouthWiCk, Treasurer Notary Public) State of OhIO) SS. On thiS 27th day of August, 2001, before the subscnber, a Notary for the State of OhIO, duly commissioned and qualified, personally came Roswell P Ellis and Glenn D SouthWick of the Evergreen National Indemmty Company, to me personally known to be the mdlvlduals and officers descnbed herem, and who executed the precedmg mstrument and acknowledged the executIOn of the same and bemg by me duly sworn, deposed and said that they are the officers of said Company aforesaid, and that the seal affixed to the precedmg mstrument IS the'Corporate Seal of Said Company, and the Said Corporate Seal and signatures as officers were duly affixed and subscnbed to the said mstrument by the authonty and directIOn of said CorporatIOn, and that the resolutIOn of said Company, referred to m the precedmg mstrument, IS now m force IN TESTIMONY WHEREOF, I have hereunto set my hand and affixed my offiCial seal at Columbus, OhIO, the day and year above wntten ~LU C' Duf-fd- State of OhIO ) SS Notary Public State of OhIO My CommissIOn expires August 6, 2004 I, the underSigned, Secretary of the Evergreen NatIOnal Indemmty Company, a stock corporation of the State of OhIO, DO HEREBY CERTIFY that the foregomg Power of Attorney remams m full force and has not been revoked, and furthermore that the Resolution of the Board of Directors, set forth herem above, IS now m force Signed and sealed m Columbus, OhIO thiS _3is t~ day of March 2005 9/W~ John A. Marazza, Secretary Any reproductIOn or faCSimile of this form IS VOId and mvalid l' '..~', EVERGREEN NATIONAL INDEMNITY COMPANY EVERGREEN NATIONAL INDEMNITY COMPANY Certificate 2004 The following financial information was excerpted from the Statutory Annual Statement filed by Evergreen National Indemnity Company with the Ohio Department of Insurance on March 1, 2005 Direct Wntten Premium $ 30,624,973 Reinsurance Assumed (9,896,759) Reinsurance Ceded - 19,329,001 Net Written Premium 1,399,213 ChanQe in Unearned (6,454,555) Net Earned Premium 7,853,768 Losses & LAE Incurred 1,190,445 CommisSion Expense 3,445,438 Other Expenses 2,488,943 UnderwntinQ (Loss) 728,942 Investment Gain 1,182,626 Other Incomel(Expense) (39,973) Income Before FIT I 1,871,595 Federal Income Tax (94,700) Net Income $ 1,966,295 BALANCE SHEET Assets I nvested Assets $ 39,992,365 Aqents' Balances 1,721,439 Reinsurance Recoverable 1,979,195 Other Assets 4,320,624 Total Assets $ 48,013,623 Liabilities & Surplus Unearned Premium Reserve $ 2,568,178 Loss & LAE Reserves 3,391,917 Other Liabilities 12,001,090 Total Liabilities 17,961,185 Surplus 30,052,438 Total Liabilities and Surplus $ 48,013,623 STATEMENT OF INCOME I hereby certify that the above information IS that contained In the Statutory Annual Statement filed by Evergreen National Indemnity Company with the Ohio Department of Insurance for the year :jzndin December31,2004 ~--~ /;~"~~ INO~... ~~ -......,.~ WC/.d:?d ! i<p!,~~\ \ Roswell P. ElliS, President & Secretary \ ~ SE~ ~ ; \ ~,-- Jl:1 \ \~ "-......!!~~ -t / ,,~. .. OH\O~/ '...........I..~'. 2800 Corporate Exchange Dnve, SUite 130 (). Columbus,Ohlo 43231 ~ 614.8391800 Office 0 614.839.1810 Fax <> www.evergreen national com . . S. F. No. 190 DUPLICATE N? 715 Certificate of Authority STATE OF WASmNGTON INSURANCE COMMISSIONER OLYMPIA THIS IS TO CERTIFY, That, pursuant to the Insurance Code of the State of Washington, EVERGREEN NATIONAL INDEMNITY COMPANY of._._..._...~~.~..~.~?.~.~.~. _._...g~.~..~................... _.. . .......... .... . ....... .....--.-... .. .... .. .......... ........ ............................ -) organized under the Laws of.................. __....... ~~.~.~.. ......... ..........._.. _ ._ ...... .._..... ....... ._. _______. "'''''') having presented satisfactory evidence of compliance) this Certificate of Authority is hereby granted, authorizing the company to transact the folLowing dasses of insurance: Property Marine & Transportation Vehicle General Casualty Surety subject to aU provisions of this Certificate as su.ch classes are now or may hereafteT be defined in the Insurance Laws of the State of Washington. THIS CERTIFICATE is expressly conditioned upon the holder hereof now and hereafter being in fuU compliance with aU) and not in vioLation of any, of the applicable laws and lawful requirements made under authority of the laws of the State of Washington as long as such laws or requirements are in effect and applicable, and as such laws and requirements now aTe, 0'1' may hereafter be changed or amended. -~~ .... - ~ - IN W!TNESS WHEREOF, effective as of the....._....!?.!.~.day of...._..~~!...._..................................., 19...~.~..., I have hereunto set my hand and caused my official seal to be affixed this.... .........~.~9........day of .............. ~.~. ~..~......._____....._.........., 19 ....~.~... '- ~ ~ ""---' V ,/ / .- -- ~ - '.,. , , '-- ......- /~1J . r. .............iJ!~..:....~~..... Deborah Senn Insurance Commisaioner \- " ~, -~ By.......................................................................................................................... CMef Deputy ~3 , "M::A~ ~l~t, ,,.' ",' \' "', 'I :',' ; '" \ " ," -' ", '" . ~ '11 7 --6 :B.ru:.~-.(/ ~ ~ R:r i;F:I:ti~iE:: t);F'i N 5 U RAN t E' '~~R~~~~~~~;~;~~~ THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATE HOLDER OTHER THAN THOSE PROVIDED IN THE POLICY, THIS CERTIFICATE DOES NOT AMEND, EXTEND OR ALTER THE COVERAGE AFFORDED BY THE POLICIES DESCRIBED HEREIN PRODUCER Marsh USA Inc \ 1000 Mam Street, SUite 3000 Houston, TX 77002 COMPANIES AFFORDING COVERAGE 015079-CAS-PLL2-04/05 COMPANY A ACE AMERICAN INSURANCE COMPANY WASTE CONNECTIONS OF WASHINGTON WASTE CONNECTIONS, INC 35 IRON POINT CIRCLE, SUITE 200 FOLSOM, CA 95630 COMPANY B NATIONAL UNION FIRE INSURANCE COMPANY INSURED COMPANY C AMERICAN INTERNATIONAL SPECIALTY LINES INS CO COMPANY D '::seV,ERAGES' ,""u," _ _ __ ", lli;{;(;ertjf~teJ~Ljp.?r~~a_~Ji.,~DQ: E=1Qiace~','~8~d~lejnOu_~y~!ss_~E!dcertjfiQ9J!'1:.0ilh~:Pollgy Re~19,d hotEl.9.b~19,\Y,~: ._:~'_.,,, . ~". _ THIS IS TO CERTIFY THAT POLICIES OF INSURANCE DESCRIBED HEREIN HAVE BEEN ISSUED TO THE INSURED NAMED HEREIN FOR THE POLICY PERIOD INDICATED NOTWITHSTANDING ANY REQUIREMENT, TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THE CERTIFICATE MAY BE ISSUED OR MAY PERTAIN, THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS, CONDITIONS AND EXCLUSIONS OF SUCH POLICIES AGGREGATE LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS CO TYPE OF INSURANCE POLICY NUMBER POLICY EFFECTIVE POLICY EXPIRATION LIMITS LTR DATE (MM/DD/YY) DATE (MMIDD/YY) A GENERAL LIABILITY HDOG20299873 08101/04 08/01/05 GENERAL AGGREGATE $ 2,000,000 I--- X COMMERCIAL GENERAL LIABILITY PRODUCTS - COMP/OP AGG $ 1,000,000 ~ ~ CLAIMS MADE [8] OCCUR PERSONAL & AOV INJURY $ 1,000,000 I--- OWNER'S & CONTRACTOR'S PROT EACH OCCURRENCE $ 1,000,000 FIRE DAMAGE (Anyone fire) $ 1,000,000 MED EXP (Any ane aerson) $ 5,000 A AUTOMOBILE LIABILITY ISAH07671350 08/01/04 08/01/05 $ 5,000,000 - COMBINED SINGLE LIMIT ~ ANY AUTO - ALL OWNED AUTOS BODILY INJURY $ SCHEDULED AUTOS (Per person) - - HIRE,D AUTOS , ~ .,.J BODILY INJURY $ NON-OWNEb AUTOS (Per aCCident) - , -+- PROPERTY DAMAGE $ GARAGE LIABILITY AUTO ONLY - EA ACCIDENT $ - ,t~~;" :;,,; '~, ',." r;0 _ ANY AUTO OTHER THAN AUTO ONLY EACH ACCIDENT $ - AGGREGATE $ EXCESS LIABILITY EACH OCCURRENCE $ 5,000,000 B ~ UMBRELLA FORM 2978173 08/01/04 08/01/05 AGGREGATE $ 5,000,000 OTHER THAN UMBRELLA FORM $ A WORKERS COMPENSATIDN AND WLRC43496748 (AOS) 08/01/04 08/01/05 I IIvC STATU- I I OJ~;'~;~;S,'",:", ,:,;./~:~ EMPLOYERS' LIABILITY X TORY LIMITS EL EACH ACCIDENT $ 1,000,000 THE PROPRIETOR! RINCL EL DISEASE-POLICY LIMIT $ 1,000,000 PARTNERS/EXECUTIVE $ OFFICERS ARE EXCL EL DISEASE-EACH EMPLOYEE 1,000,000 OTHER C POLLUTION LEGAL PLS 4177838 11/19/02 11/19/05 EACH OCCURANCE 10,000,000 LIABILITY AGGREGATE 20,000,000 DESCRIPTION OF OPERATIONS/LOCATIONSNEHICLES/SPECIAL ITEMS City of Port Angeles, Clallam County and the Washmgton State Department of Natural Resources are Included as an Additional Insured (except as respects all coverage afforded by the Workers Compensation Policy) and IS granted a waiver of subrogation as reqUired by written contract, but only for the liability ansmg out of the operations of the Named Insured :A~~I,!~'-S~TE~H0G[),I;~:;"",; "=~ "::',Y':","'.'01.~,:?".;,,:,;;:,:,~,.:,' , ,'>.F'-j'~,?1::'1':, ,- IN( ;;,~ "",.t.._"li"><;,..#,~;t""":;nw ~ T"Th,&.%J~A,JJ\\..Ah.'~H~)t, _ .. _~"M'"'.'" t.,. h, ',. ~~(~:;1:"\17".,;<:c:i<-:'~,i';;I.j~f. '.1;:;'i,'j"i;:'j~.;{t;rf';{ ,.-;- ;: ,- . .":;::?;~;,t}~~I;(~;' , " ,:;,.'/iZ\:- -'?; ~ -, , ,',:.I';,JJ~"L>;"; , ';'.~:;~~' $'"~;>''' ;') .}. ~ 'Jf,\;m,;; Ii, . SHOULD ANY OF THE POLICIES DESCRIBED HEREIN BE CANCELLED BEFORE THE EXPIRATION DATE THEREOF THE INSURER AFFORDING COVERAGE WILL ENDEAVOR TO MAIL -AS DAYS WRITTEN NOTICE TO THE CERTIFICATE HOLDER NAMED HEREIN, BUT FAILURE TO MAIL SUCH NOTICE SHALL IMPOSE NO OBLIGATION OR LIABILITY OF ANY KIND UPON THE INSURER AFFORDING COVERAGE, ITS AGENTS OR REPRESENTATIVES, OR THE ISSUER OF THIS CERTIFICATE MARSH USA INC BY: Barry N. Smith ~~ ;y~;;';-; \~~~'J< 'j,';:';,j:i:1::~' \,K>;~;\/' ". "~' -VALlO-AS'OF:"\05/T3765 _,:\~:,!z;;r., ", .',' . "',,' ;/(~(:"Cg'~,:" " ',' [i;:;:';r';J;:~"'.'~:;;ri-:" ,';, .h '"y\'1' City of Port Angeles Attn Bill Bloor 321 East 5th Street Port Angeles, WA 98362 ',"" 'II- ... ; .. ... PRODUCER Marsh USA Inc 1000 Main Street, SUite 3000 Houston, TX 77002 _h. -~~LC:}~~~T~; ~- _:~;_~~t7~?::~'t~>~:-'*~t;) DATE (MM/DDNY) .~ ,::H9~-0006~~~~?~~93" . ,Q 5 / 13/05 COMPANIES AFFORDING COVERAGE f5;':~ (-"~~:;f~?,J^~tt~1~ -~~- _!>\;;~'~~~N:'" .-'_;~~':.~:)r, ~ ~ _::Y"":! ~V''+~~,- <-^> ;: ~AD8;1W'II;e;~,~1~'vtN F Q:RrMA TH~jN" <"h~,,_ __~"'-~_~- ~->~$,,;;t-"{/~"i;r<" t,t3>.{'i'",:;b>l:.. _ :-_ ~~<_\;;:~"::. _- ".,t",~~<.""_,,;.. COMPANY E COMPANY F 015079-CAS-PLL2-04/05 INSURED WASTE CONNECTIONS OF WASHINGTON WASTE CONNECTIONS, INC 35 IRON POINT CIRCLE, SUITE 200 FOLSOM, CA 95630 COMPANY G COMPANY H ~?fE~;;}~ The Insurance afforded to the Additional Insured as described in this Certificate of Insurance for work performed by the Named Insured, IS pnmary and non-contributory to any similar coverage maintained by the AddJtlonallnsured The Insurance limits as Indicated herein do satisfy the requirements of the Agreement between the City of Port Angeles and Waste COlnnectlons of Washington, Inc dated Apnl 5, 2005 as specified In Section 5 1 (d) II of the Agreement which requires limits of $3,000,000 per occurrence and $6,000,000 aggregate. '~"'ER"'I""ICA"'E HOLDE' R" , .~;r:g""~'d"'h""'" ,.,./c' ,jP""""" '. ,':";f;&Jl',",,"'c"T'" " ' ...' ~~'i' ill r~ r ~~( ',-< 'tf <1f~': -~, .::~~,; T.:}iI'~~$'}it~:f:"~'t ..' < ~~ <l~1:?lf^l'l-,~~~~ ":~ T -~:.~ft:(~""&~:A:. : ~.f~1~_",'>W..J^'t<!<\"C ~ d.~" ~'"""'~~ ~ ~ ~ ~ .~~."""'~'W"'^",~...l__ ~ _ ..:;t>~r1.~.!i!O...< _CIJ ^_ ~ r~_.._~_d ~""~~....... -~ City of Port Angeles Attn Bill Bloor 321 East 5th Street Port Angeles, WA 98362 , i 0 ~ ~ ", MARSH USA INC BY Barry N. Smith ~~ T' WW'7~"<'-~r''fl,,'?1j'' P,ag!,!i1 LEGAL DEPARTMENT William E. Bloor City Attorney [4531 ] Dennis Dickson Sr. Assistant City Attorney [4532] Heidi L. Greenwood Assistant City Attorney [4562] Candace Kathol Legal Assistant [4536] Diana Lusby Legal Administrative Assistant [4530] Jeanie DeFrang Legal Administrative Assistant [4530] Randi Felton Legal Records Specialist [4576] 5. -, 17 120RT ANGELES WAS H I N G TON, U. S. A. DATE: v August 25,2008 TO: Becky Upton, City Clerk FROM: William E. Bloor, City Attorney RE: Waste Connections - Certificate of Liability Insurance Attached for safekeeping is the original Certificate of Liability Insurance from Aon Risk Insurance Services West, Inc. for Waste Connections, Inc. dated 07/30/2008. WilI~r, City Attorney Attachment cc: Glenn A. Cutler, Director of Public Works & Utilities Bob Coons, Risk Manager WEB\dl G ILEGALIMEMOSIMEMOS 20081Waste Conneclions Insurance 082508 Upton wpd ~_jfcoRiJ~~"__RTIFi~A~ ' -..-..,* ,~\,p,,~ DATE (MM/DD/YVYV) i , ,,' ,'}" ,~0?~~/2008 PRODUCER TIDS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY Aon Risk Insurance services west, Inc. fka Aon Risk services, Inc. of oregon AND CONFERS NO RIGHTS UPON THE CERTIFICATE HOLDER. TIDS 1211 s.w. 5th Avenue CERTIFICATE DOES NOT AMEND, EXTEND OR ALTER THE suite 600 COVERAGE AFFORDED BY THE POLICIES BELOW. portland OR 97204-3799 USA PHONE.(503) 224-9700 FAX- (503) 295-0923 INSURERS AFFORDING COVERAGE NAIC# INSURED RECEIVED INSURER A ACE American Insurance company 22667 waste Connections, Inc. INSURER B Indemnity Insurance Co of North America 43575 35 Iron point Circle SUlte 200 AUG 1 1 2008 INSURER C Folsom CA 95630-8589 USA INSURER D PORT ANGELES LEGAL OEPARTME INSURER E r'CGVER:A:GESI!"":,, f,,,f',. ' v"'"", ':~.J' "~'J)'\~'-'-"'''' ; ~ " ,'>"'''"' ' 'ttLPBP ' '~N~->if%Y-"v ... '-, '- ~ SIR-Ma I"~-APP Iy THE POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD INDICATED NOTWITHSTANDING ANY REQUIREMENT, TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS CERTIFICATE MAYBE ISSUED OR MAY PERTAIN, THE INSURANCE AFFORDED BY THE POLICIES DESCRffiED HEREIN IS SUBJECT TO ALL THE TERMS, EXCLUSIONS AND CONDITIONS OF SUCH POLICIES AGGREGATE LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS LIMITS SHOWN ARE AS REQUESTED INSR ADD'l POLICY EFFECTIVE POLICY EXPIRATION LTR INSRD TYPE OF INSURAI\'CE POLICY NUMBER DATE(MM\DDlYY) DATE(MMIDDlYY) LIMITS A ~~"~= HDOG23744065 08/01/08 08/01/09 EACH OCCURRENCE $1,000,000 X COMMERCIAL GENERAL LIABILITY DAMAGE TO RENTED $5,000 CLAIMS MADE ~ OCCUR PREMISES (Ea occurence) MED EXP (Anyone person) Excluded PERSONAL & ADV INJURY $1,000,000 D GENERAL AGGREGATE $2,000,000 GEN'L AGGREGATE LIMIT APPLIES PER PRODUCTS - COMP/OP AGG $1,000,000 ~ POLICY D PRO- 0 LOC JECT A AUTOMOBILE LIABILITY ISAH08246403 08/01/08 08/01/09 COMBINED SINGLE LIMIT 'X ANY AUTO (Ea aCCIdent) $5,000,000 f-- ALL OWNED AUTOS I- BODILY INJURY SCHEDULED AUTOS ( Per person) f-- HIRED AUTOS BODILY INJURY f-- NON OWNED AUTOS (Per aCCIdent) I- PROPERTY DAMAGE - (Per accIdent) GARAGE LIABILITY AUTO ONLY - EA ACCIDENT B ANY AUTO OTHER THAN EA ACC AUTO ONLY AGG EXCESS /UMBRELLA LIABILITY EACH OCCURRENCE D OCCUR D CLAIMS MADE AGGREGATE BDEDUCTIBLE RETENTION B WLRC44344920 08/01/08 X IwC STATU-I I?TH- WORKERS COMPENSATION AND All Other States TnRY LIMITS ER EMPLOYERS' LIABILITY E L EACH ACCIDENT $1,000,000 A WLRC44344968 08/01/08 08/01/09 \", PROPRJETOR/PARTNER/EXECUTIVE AZ & CA only UI'F1CERlMEMBER EXCLUDED? E L DlSEASE-EA EMPLOYEE $1,000,000 If yes, descnbe under SPECIAL PROVISIONS E L DISEASE-POLICY LIMIT $1,000,000 below A WCUC44344889 08/01/08 EL Each Acel dent $1,000,000 - OTHER WI V~I '" WA EL D1 sease - polley $1,000,000 Excess we EL Dl sease - Ea Emp 1 $1,000,000 DESCRJPTION OF OPERATIONS/LOCATIONSNEillCLES/EXCLUSIONS ADDED BY ENDORSEMENT/SPECIAL PROVISIONS Named Insured Includes: waste connections of WA. - The Clty of port Anfeles is included as an Additional Insured with respect to the General and Automobile Liability policies. waiver 0 subrogatlon applles for General Liability, Auto Llability, and workers' Compensation. - CERTIFICATE HOtDER5.t~li;::-LI,=;;;,;:;k~,~- :'801;. ;;'P6,;mGELLATI<), k ' I't, ..;" ",;' ,:::,;_~ '0;\@.~ ;;li"'; ''t\'~:' city of Port Angeles SHOULD ANY OF THE ABOVE DESCRJBED POLICIES BE CANCELLED BEFORE THE EXPIRATION Attn: wllliam Bloor, Clty Attorney DATE THEREOF, THE ISSUING INSURER WILL ENDEAVOR TO MAlL P.O. Box 1150 45 DAYS WRJTTEN NOTICE TO THE CERTIFICATE HOLDER NAMED TO THE LEFT port Angeles WA 98362-0217 USA BUT FAILURE TO DO SO SHALL IMPOSE NO OBLIGATION OR LIABILITY OF ANY KIND UPON THE INSURER, ITS AGENTS OR REPRESENTATNES AUTHORJZED REPRESENTATIVE dn ~f~,..... g.-.... ~k , lID';' ~OOifOlnW%II&> ,'c wp~ \~,,~ // ~A "~,'_:',J,Q. ia ArORD' "" , RATION 1988 ... ... = ... = ... "Cl .... ... ... "Cl '0 == ..,., IV ,...; O'l ..,., 00 O'l N o o ..... ..,., o Z ... ... '" OJ ~ ... ... U - ~ ii:iiii ~ ~ ~ -...- ii:j! ~ ~ ~ .;;...! ~ ~ IC....= .- -- ~ ~ liilo::Olj == ~^ ;Of R'T'.^'PJ.' 'N' j-G'- 'B-'t' E' IS' f , II ~ J J } ~ ...! 1 '~1 \' ,,~/ (I ~ '! ~. 1 -< :f I _/----' -.. .~c__I~~~ ~-- {' ~ ~___.ov.; __. __ c , WAS H I N G TON, 'U,. S. A. CITY ATTORNEY May 16, 2005 Edward L. Westmoreland, Division Vice President VI aste Connections Inc. , ,.,,. ^, Northern Washingtoil Division P.O. Box 399 Puyallup~ WA 98371-0158 ,[~; -', -)'~.:,,:<-; , ~~ " ' "~~~I ;- J "L. ~ \<>~. ,I 4, , '- ~t ,,", '. . ....... , .- '''' ~ ~ .:.'.:-,;.,.. , \ Re: Construction Perfo~anc~ 'and Payment Bond -, Dear Mr. Westmorel1and: '_5.7 t1.4, c,:-r ~"., ,;t"",,,,,,.y)/,:t"~~'_:~"';'t/:':J','t ~ h' Enclosed is the original.Constructiol1 Performance and PaymeritBond, Bond Number 850790: Pat Shea and I have disctis~ed this subject, and he_probablyhas'.al~e(ldy contacted you. In,. short, the City camiot accepUhis post-dated bond-as presented. Iunqerstand ~hat 'it will be re-issu~d'on or near October 1,2005. -, "-' ' T~ank you for your continued courtesy and co?p~ration_ . William,E. Bloor City Attorney WEB:jd cc: Glenn Cutler Larry Dunbar Bob Coons Becky Upton G,\LEGAL\LETIERS 2005\Westrnoreland5-16-05.1tr wpd EAST FI FTH ~TREET e P O. BOX 1 150 e PORT ANGELES, 'WA98362-0217 PHONE 360-417-4530 e FAX' 360-417-4529 eTTY 360-417-4645 E-MAIL attorney@cltyofpa us CITY ATTORNEY William E. Bloor City Attorney [4531] Dennis Dickson Sf. Assistant City Attorney [4532] Candace Kathol Legal Assistant [4536] DIana Lusby Legal Administrative Assistant [4530] Jeanie DeFrang Legal Administrative AssIstant [4530] Teresa L. Pierce Legal Records Specialist [4576] 5.7/7 ~ORT ANGELES WAS H I N G TON, U. S. A. TO: Becky Upton, City Clerk FROM: William E. Bloor, City Attorney DATE: May 16, 2005 RE: Solid Waste Performance and Payment Bond Attached please find the original Solid Waste Performance and Payment Bond for filing. fW William E. Bloor City Attorney WEB:jd cc: Bob Coons Larry Dunbar G ILEGALIMEMOS 2005\Upton5-16-05 wpd ~. -./ ,( CITY OF PORT ANGELES SOLID WASTE PROCESSING FACILITY DEVELOPMENT AND MANAGEMENT SERVICES FORM 5.6 PERFORMANCE and PAYMENT BOND Bond to the City of Port Angeles Bond # 554860 KNOW ALL MEN BY THESE PRESENTS: That we, the undersigned, W3ste C'onnEctigns of W3sh:i.ngtaJ Ire as Principal, and Evergreen National Indemnity Company a corporation, organized and existing under the laws of the State of Ohio, . as a surety corporation, and qualified under the laws of the State of Washington to become surety upon bonds of contractors with municipal corporations as surety. $are1j01in6tlY a6n4d2seOveO~!!~_~~!9.,~~~,!.!!.~,~~*29.~!}~,.!~.,!~~.~,!~ of Por; A"thgeles in thet Pfenha~ Shum of , 7 , . ,.. ,.. ,,, ,.. ,.. ,.. ,,, " '" " ,,, ,.. ,.. ,,, ,,, ,.. '\ ,,, ,,, ,.. ,,, '" ,.. ,,, ,,, ,.. .or e paymen 0 W Ie sum on demand we bind ourselves and our successors, heirs, administrators or personal representatives, . as the case may be. This obligation is entered into pursuant to the statutes of the State of Washington and the ordinances of the City of Port Angeles. Dated at CIt(,UCL~ C&~1-v, Washington, this eday of /1Jl.a L/ ,200j--. I I / The conditions of the above obligation are such that: WHEREAS, the City of Port Angeles has let or is about to let to the said Was te Connec tions of Washin~ ton, Inc. the above bounded Principal, a certain Service Agreement, the said Agreement providing for Solid Waste Processina Facility Development and Manaaement Services (which Service Agreement is referred to herein and is made a part hereof as though attached hereto), and WHEREAS, the said Principal has accepted, or is about to accept, the said Agreement, and undertake to perform the work therein provided for in the manner and within the time set forth; now, therefore, If the said Principal,Was te Connee tions of Washington, Inc. , shall faithfully perform all of the provisions of said Agreement in the manner and within the time therein set forth, or within such extensions of time as may be granted under said Agreement, and shall pay all laborers, mechanics, subcontractors and materialmen, and all persons who shall supply said Principal or subcontractors with provisions and supplies for the carrying on of said work, and shall indemnify and hold the City of Port Angeles harmless from any damage or expense by reason of failure of performance as specified in Section 7 of said Agreement or from defects appearing or developing in the services provided or performed under said Agreement, then and in that event, this obligation shall be void; but otherwise, it shall be and remain in full force and effect. ~':SUBJEcr 'IHE ATTACHED ADDENDlJM;': Signed this31s t day of March ,20~ Waste Connect ons of Washin ton9 Inc. Principal , leen P. \iice, Attorney-In-Fact Title' 6340 Parkland Boulevard, Suite 300 lie~aJ~Dd, Ohio 44124 Surety Address Ka th"leen Price (800) 641-9222 Surety Contact and Phone Number By V,.c~ fp-es,'JelA. r Title 1900 Corporate Boulevard, RorR RRton, Florida 33431 Agent Address ~J:! Suite 400E March 31 ,20045 P-8 Karen LoConti-Diaz (800) 641-9222 Agent Contact and Phone Number Waste Connections of Washington, Inc. Legal Name of Proposer J' ADDENDUM As stated in the Contractual Provisions Section 5.4 Performance Bonds and Financial Guarantee: It is hereby understood and agreed that this bond may not be canceled by the surety nor any intention not to renew be exercised by the surety until after thirty (30) days written notice to the City Attorney of such intention to cancel or not to renew. EVERGREEN NATIONAL INDEMNITY COMPANY COLUMBUS, OHIO POWER OF ATTORNEY PRINCIPAL Waste Connections of Washington, Inc. CONTRACT AMOUNT EFFECTIVE DATE May 1, 2005 AMOUNT OF BOND $ 1,167, 642.00~'dddd~ POWER NO 5 5 4 8 6 0 KNOW ALL MEN BY THESE PRESENTS That the Evergreen NatIOnal Indemmty Company, a corporatIOn m the State of OhIO does hereby nommate, constitute and appomt. Kathy J Goe, Mana Jackson, Kathleen P Pnce, Patncla A Temple and NIcole Skedellts true and lawful Attorney(s)- In-Fact to make, execute, attest, seal and delIver for and on Its behalf, as Surety, and as Its act and deed, where reqUIred, any and all bonds, undertakmgs, recogmzances and wntten oblIgatIOns m the nature thereof, PROVIDED, however, that the oblIgation of the Company under thIS Power of Attorney shall not exceed One MIllIon FIve Hundred Thousand Dollars ($1,500,000.00) ThIS Power of Attorney IS granted and IS SIgned by faCSImIle pursuant to the followmg ResolutIOn adopted by ItS Board of DIrectors on the 23rd day of February, 1994 "RESOLVED, That any two officers of the Company have the authonty to make, execute and dehver a Power of Attorney constItutmg as Attorney(s)- m- fact such persons, firms, or corporatIOns as may be selected from time to time FURTHER RESOLVED, that the sIgnatures of such officers and the Seal of the Company may be affixed to any such Power of Attorney or any certIficate relatmg thereto by faCSImIle, and any such Power of Attorney or certificate beanng such faCSImIle sIgnatures or faCSImIle seal shall be valId and bmdmg upon the Company, and any such powers so executed and certIfied by facslmlle sIgnatures and faCSImIle seal shall be vahd and bmdmg upon the Company m the future WIth respect to any bond or undertakmg to whIch It IS attached" IN WITNESS WHEREOF, the Evergreen NatIOnal Indemmty Company has caused ItS corporate seal to be affixed hereunto, and these presents to be SIgned by ItS duly authonzed officers thIS 27th day of August, 2001 ~-~ .()"",\..'NO~4Jl ~~!;)\\;;A~-i \ ! $ (J~.....~ )~\ i ~ SEAL ~ i \\~~:Jfj 'It-OHIO;/' '-..-...-- EVERGREEN NATIONAL INDEMNITY COMPANY ildVcitd Roswell P EllIs, PreSIdent ~ Glenn D SouthWICk, Treasurer Notary PublIc) State of OhIO) SS On thIS 27th day of August, 2001, before the subscnber, a Notary for the State of OhIO, duly commIssIOned and qualIfied, personally came Roswell P EllIs and Glenn D SouthWIck of the Evergreen National Indemmty Company, to me personally known to be the mdlvlduals and officers descnbed herem, and who executed the precedmg mstrument and acknowledged the executIOn of the same and bemg by me duly sworn, deposed and SaId that they are the officers of SaId Company aforesaId, and that the seal affixed to the precedmg mstrument IS the Corporate Seal of saId Company, and the SaId Corporate Seal and sIgnatures as officers were duly affixed and subscnbed to the saId mstrument by the authonty and dIrectIOn of said CorporatIOn, and that the resolutIOn of SaId Company, referred to m the precedmg mstrument, IS now m force IN TESTIMONY WHEREOF, I have hereunto set my hand and affixed my offiCIal seal at Columbus, OhIO, the day and year above wntten ~LU C' Duftct Notary PublIc State of OhIO My CommIssIOn expIres August 6, 2004 State of OhIO ) SS I, the underSIgned, Secretary of the Evergreen NatIOnal Indemmty Company, a stock corporatIOn of the State of OhIO, DO HEREBY CERTIFY that the foregomg Power of Attorney remams m full force and has not been revoked, and furthermore that the ResolutIOn of the Board of DIrectors, set forth herem above, IS now m force SIgned and sealed m Columbus, OhIO thIS _ 31~,J~___ day of March 2005 ~-'~' ,n""'\.. 'Nt:.~~. ~ ~... -~ ""1< ! (,<;)l?-l'OAA~~ \ "" .......... \ (l i ,,-ILl '"I:' -"T ,I ~! I ~ S~i~"; ~~ '9Sg .fl .,~ - ~ .... It- OHIO Y - 9/);p~ John A Marazza, Secretary Any reproductIOn or faCSImIle of thIs form IS VOId and mvahd .... EVERGREEN NATIONAL INDEMNITY COMPANY EVERGREEN NATIONAL INDEMNITY COMPANY Certificate 2004 The following financial information was excerpted from the Statutory Annual Statement filed by Evergreen National Indemnity Company with the Ohio Department of Insurance on March 1, 2005 Direct Wntten Premium $ 30,624,973 Reinsurance Assumed (9,896,759) Reinsurance Ceded 19,329,001 Net Written Premium 1,399,213 Chanae In Unearned (6,454,555) Net Earned Premium 7,853,768 Losses & LAE incurred 1,190,445 CommisSion Expense 3,445,438 Other Exoenses 2,488,943 Underwntlna (Loss) 728,942 Investment Gam 1,182,626 Other Income/(Exoense) (39,973) Income Before FIT 1,871,595 Federal Income Tax (94,700) Net Income $ 1,966,295 BALANCE SHEET Assets Invested Assets $ 39,992,365 Aaents' Balances 1,721,439 Reinsurance Recoverable 1,979,195 Other Assets 4,320,624 Total Assets $ 48,013,623 Liabilities & Surplus Unearned Premium Reserve $ 2,568,178 Loss & LAE Reserves 3,391,917 Other Liabilities 12,001,090 Total Liabilities 17,961,185 Surplus 30,052,438 Total Liabilities and Surplus $ 48,013,623 STATEMENT OF INCOME I hereby certify that the above information IS that contained In the Statutory Annual Statement filed by Evergreen National Indemnity Company With the Ohio Department of Insurance for the year ~ndln December31,2004 ~--~~ / _t'\",,\.INO~i_ /./,'t" .... ..,.~ U/-I ~d f l..~~~~ \ Roswell P. Ellis, President & Secretary ~ ~ S"ll'~ ~ J \ \ I~ .);1 \\~ 79~g. ~ ,,~ *OH\O'i .~..........,....".. 2800 Corporate Exchange Dnve, Suite 130 0 Columbus, Ohio 432310614.8391800 Office 0 614.839.1810 Fax <> www.evergreen-natlonal com S. F. No. 190 DUPLICATE N? 715 Certificate of Authority STATE OF WASmNGTON INSURANCE COMMISSIONER OLYMPIA THIS IS TO CERTIFY, That, pUl"suant to the Insurance Code of the State of Washington, EVERGREEN NATIONAL INDEMNITY COMPANY of.........._. .~~.~..~~?~.~..~.._......g..~..~.~........_.._......._. ....m.um ................... __u... .. u............muuuu .__um......................, organized under the laws of.............................g~ ~.?. .............. .............. u.....u....__mmu..u__u... .._____n... ...., having presented satisfactory evidence of compliance, this Certificate of Authority is hereby granted, authorizing the company to transact the following classes of insurance: Property Marine & Transportation Vehicle General Casualty Surety subject to all provisions of this Certificate as such classes are now or may hereafter be defined in the Insurance Laws of the State of Washington. THIS CERTIFICATE is expressly conditioned upon the holder hereof now and hereafter being in full compliance with all, and not in violation of any, of the applicable laws and lawful requirements made under authority of the laws of the State of Washington as long as such laws or requirements are in effect and applicable, and as such laws and requirements now aTe, 0'1' may hereafter be changed or amended. ._~~. IN WITNESS WHEREOF, effective as of the........J?.!~..day of....._..~~r...._. ......... ......................., 19...?.~..., I have hereunto set my hand and caused my official seal to be atJixed this..............?_~~.......day of ....._...._.~.~~_~.................._.........., 19....~~... '-. ::-..... "'"---' v y" /' '. ;-, --; ., . . "'- ......' . I~~ . r. ....._......1l!~..~.....1~\J.:::::L=-~..... Deborah Senn Insurance Commisai01ler \- " ~.. -... .... -.., - -" --~~. By...................................................................... .................................................... CMef Depufl/ ~3 4/IIIt _ .. ColumbIa Resource Company ~ 1. ... Rate Schedule Effective Janu~ry.1, 2003 West Van Materials Recovery Center 6601 NW Old Lower River Road (360) 737-1727 Househ'old Hazardous Monday-Friday 6:00 a.m. to 6:00 p.m. Saturday 8:00 a.m. to 4:00 p.m. . The rates and hours established at the West Van Materials Recovery Center (West Van) are governed by contract between Clark County and Columbia Resource Company Waste ..... ~ ~ Solid Waste Disposal Rates Transaction Fee (per trip) , $1'0.00 The Transaction Fee above will be charged in addition to the following Disposal Rates: Rate per Ton $69.77 Rate per Cubic Yard (if applicable) $ 8.72 360 - 695 - 4858 Special handling fees will apply to the following: Refrigerator, Freezer or Air Conditioner $15.00 , Car Tire $ 2.30*. Car Tire with Rim $ 4.60* Truck Tire $ 9.20* Truck Tire with Rim $18.40* *A Transaction Fee will not be charged on the FIRST FOUR TIRES brought In separately A $5 00 minimum applies. As required by Washington State, a 3.6% State GRT tax will be charged on el'ery disposal transaction at West Van. Special Rates (per ton): (No Transaction Fee will be charged) 100% Yard Debris 100% Wood $48.00 $48.00 Recycling Rebate Weight basIs customers will receive a $2 00 recyclmg rebate when dellVermg 30 gallons or more of recyclables that are separated, sorted and Identifiable m loads of mixed waste Please note: ThiS rebate will be applied to your total solid waste disposal charge, but will not reduce [he total transaction to less than the $1000 solid waste transaction fee (OVER) @PrInted on Recycled Paper ~~~~,~~ /, . "''- " .,f!Jt; ~';:-:e~~;~~J ~ Col,!mbia Resource Company ~c .,' 'A~ AR "'~"'" ,,~'" "'-=:~''''-((J i,.~ ~.-:.~:------.:./ ". _~ I" ,," -~~...., '\ ~ ~ ~ L----./ t>_~ ~ -' f~I~c- l7k~'\ ' " )J U~i.>ecause hazardous waste can be 1'\, :;/'harmful to you and the envi- ronment, it is important that it be dispose~ of properly. Columbia Resource Company and Burlington Environmental, Inc. offer three sites in Clark County where public cus- tomers may drop off their household hazardous wast~ f:ee of charge. ... -... "<;. Columbia Resource Company '~l.~ Rate Schedule Effect!ve January 1, 2003 Central Transfer & Recycling Center . 11034 NE 117th Avenue (360) 256-8482 Monday-Friday 6:00-a.m. to 6:00 p.m. Saturday-Sunday 8:00 a.m. to 4:00 p.m. The rates and hours established at the Central Transfer & Recycling Center (CTRC) are governed by contract between Clark County and Columbia Resource Company Central Transfer and 'Recycling Center 11034 NE 11 7th Avenue (360) 256-8482 ' Saturday-Sunday 8:00 a.m. to 4:00 p.m. West Van Materials Recovery Center 6601 NW Old Lower River Road (360) 737-1727 Friday & Saturday 8:00 a.m. to 4:00 r.m. . Solid Waste Disposal Rates Transaction Fee (per trip) $10.00 The Transaction Fee above will be charged in addition to the following Disposal Rates: Rate per Ton $69.77 Rate per Cubic Yard (if applicable) $ 8.72 . CENTIlAllAANS~[A' RECVCL'''GCENTtA Special handling fees will apply to the following: Refrigerator, Freezer or Air Conditioner $15.00' Car Tire $ 2.30* Car Tire with Rim $ 4.60* . Truck Tire $ 9.20* Truck Tire with Rim $18.40* *A Transaction Fee will not be charged on the FIRST FOUR TIRES brought In separately A $5 00 minimum applies As required by Washington State, a 3.6% State GRT tax will be charged on every disposal transaction at CTRC. N A Burlington Environmental Inc. 625 S. 32nd (360) 835-8594 First Tuesday of the month 10:30 a.m. to 3 p.m. Special Rates (per ton): (No Transaction Fee WIll be.charged) 100% Yard Debris 100% Wood 100% Sheetrock (Monday - Friday) ** All other times accepted as solid waste Recycling Rebate WeIght baSIS customers will receIve a $2 00 recycling rebate when deltverln"g 30 gallons or more of recyclables that are separated, sorted and IdentIfIable In loads of mIxed waste, Please note: ThIS rebate WIll be applIed to your total soltd waste dIsposal charge, but WIll not reduce the total transactIon to less than the $10.00 solId waste transaction fee. (OVER) * Printed on Recycled Paper $55.00 $55.00 $60.00** Central Transfer and Recycling Center ~. ~ ~~:r;;i'~"t.:._4'" ,.~~--~-.- ~ (Ii ~1~.i~~1- ~~;~,:\:'-: ~>"'~:J;t """:,,:',,:f"'<"-,~~ " " ~ -;:- ~, . V ~ (~JJ, <<" '^' ..' . ' j '.' ," ~~~~~..:":~;:.~ ;~:~};t~:..., -, ," \01 WASTE CONNECTIONS INC. COli/leet wltl] the Future 9411 NE 94th Ave. Vancouver, WA 98662 pqmea on POq conSUMer ~'OYi;;' lec)Cled pa~'er S I\. HERE TO C Ll FOR ORE INFO MAllON: curbside Recycling \\Taste Connections Inc. - 892-5370 Household Hazardous Vlaste Drop Off /pJJ~rp /"/^ 7'~Fy?A.j . l~ .:[u_~~ C.i (..!l~vdA, Test Jiai Recovery Center ,~ R..--. '1'1 II ~ "'V\ 77.7 1""'(2""'( L.. c a.H,. - '-i V.llL 'L) - . r RIver Rd. j Vancouver Yard Debris Recycling \/Vaste IVlanagemenr"' - 737-2425 Garbage Collection \Naste Connections Ine. - 892-5370 6601 " (Lell_ Recvdiu2 v ,-y '1 c' lTI Ll. D ''''' "1!;C, 8482 ., 0 ct. 1. . - J,. t .111. L",j\.)-.1 - . Ave q 'Vancouver For Additional VV'aste Reduction St Recycling llnformation CaU City of'lancouver - 696~g 186 L VANCOUVER CURBSIDE RECYCLING INSTRUCTIONS Materials Collected in GREEN BIN '. Materials Collected in BROWN BIN Materials Collected in TAN BIN OTHER. ITEMS COLLECTED NEXT TO YOUR BINS ~ ~ ~ ~ ~~l1t ~ Aluminum . MATERIAI2S', ':- '! ':"'" . '''. ~DO'S" "~:", . DONI'S o Rinse o No cans used for paint / or chemicals o No foil WI th food on It Tin Cans o Rinse ,0 Remove Labels o No cans used for pamt or chemicals Glass Bottles & Jars o Don't break'glass o Rinse o Remove hds o No broken glass or wmdow glass o No hght bulbs, mirror or ceramics Plastic Screw-Top Botlles with a Neck Smaller than its Base o Rmse o Remove hds '0 Flatten or crush . No plastiC tubs, wrap, film, styrofoam, motor oil bottles or toxic bottles Milk Cartons & Drink Boxes' o Rmse o Flatten or crush o No frozen food or JUIce concentra te containers Newspapers .. o Advertisements are OK o Leave loose o Don't bundle or lIe o No plastlce bags or rubber bands o No brown paper grocery bags with the newspaper o No Junk mail Mixed Paper o Junk mail, magazmes, phone bO,oks, paper . bags, cereal and gift , boxes and other clean paper o No lIssues, paper towels, napkms, paper plates or disposable dIapers o No foil wrapping paper, pel food bags with plastIc liners, or waxed paper liners as in cereal boxes - o No frozen food or JUIce concentrate containers Corrugated Cardboard . Flatten boxes o No larger than 3' x 3' o Cut down to appropnate Sl7e If larger than 3' x 3' o No waxed cardboard o No food contammated cardboard o No food Motor Oil L/ o Pour mto secure one gallon plastic milk Jugs wJth tight fittmg lids . No Oil mIxed or contaminated with anllfreeze or solvents Scrap Metal o No larger than 24" many directIOn and less than 35 pounds o Remove any attached pJasllc, wood or rubber o No plasllc, wood or rubber o No automobile pans o No loose nuts, bolts (m sealed con tamer only) l ,,_---- -- -' \' I ~-/ ~ ftWV.......-- ~'" ' 1.:YM, "";---,., \) ~~'I.",,'- _~ 'i ~ .l,t ./~ "';; ~ ~;_ : Il\.f':=:c':,~ -c. U ~(?::l~'-:~ ~ tl ~v-1 ,.. ::,.. ';::/' ! " On collection day, place your recycling bins at the curb by 6:30 A,M. " Recycling collection will take place on the same day as garbage collection. e Place full recycling bins within five feet of your curb or road's edge. yon::: .Veighbod1Oods 1J',7lth alleys set garbage. '-c()dab/es al/c( deh-;s ~ Holiday collection schedules will coincide with garbage collection schedules. The following three holidays are observed each year: New Year's;'Thanksgiving and Christmas. NO'.rE' one of these holido.y,:.- falls on ({ 1 yltt ,-z,,:rz ~}n(' <-J ..../ ....1 z17c veln:l r of rllar vv~eel( (; Special recycling pick-up service is available to elderly and handicapped residents who oualifv. Call 592-':=;370 for details. J. - ....EWS --ij ..- . . WASTE CONNECTIONS INC. Connect with the Future@ ,;~ 9411 NE 94th Ave., Vancouver, WA 98662 360-892-5370 CONTAINERS"' " - V Aluminum and Tin Cans Rinse and remove labels VGlassBottles and,Jars " Rinse and remove lids ' VPlastic Bottle~ and Jugs , Rinse, throwaway lids, flatten, VMilk Cartons, Drink Boxes Rinse, throwaway straws, flatten ~ NO Cans used for paint, chemicals . NO Broken glass, window glass, light bulbs, mirrors, ceramics NO Plastic bags, tubs, styrofoam, motor oil bottles or toxic wastes MIXED PAPER r ~ V Junk Mail, Magazines VPaper Bags VPaperback/Phone Books VCereal/Gift Boxes VOther Clean Paper ~ NO Tissues, paper fowels and plates NO Foil wrapping paper, plastic/Wax liners, juice concentrate containers - - , ~ iNEWSPAPE'"RS.~ CORRUGATED.,' CARDBOARD - :;:rjTJT.tT.tT.tT.T.T..l"Y1T,jTiJ.lT..I!!I! . !';'jf'l'l'l'.T.tT.f.f.tf.f.'.t'..l'..lq~ lf1'1'.'.T.......'.f...I...I.T-i.T..I!. . jf'l......T.'.1f.'iTjTjfj,T-i.T..I!!I! ' -" " VNe\vspaper' QNLY' .' :'. :::" ~ ,.; ,l:oose and flattenell;' do 'riot ,';' ~ : ~'. 'bu~OJe:ortl~:~d'ln~'erts'~re?:(~.t '~" NO Plastic~bagsoHubbei' bands NO Brown'paperj'gfocer{i1ags ~.~: ,:' . " or magazines (those go in;':"'" , '''Mixed Paper:J , ',.' ,J,'~: \: ,; - .,ICard board , Flatten boxes, Cut to 3'x3', Put next to roll carts or In special binS ~ NO Waxed cardboard NO Food contaminated cardboard RECYCLING ONLY! One wrong material may contaminate an entire load of recyclables. This results in garbage, rather than recycling. For recy- NO GARBAGE cling information, call 892.2025. VANCOUVER (360) 892=5370 CURBSIDE RECYCLING WASTE CONNECTIONS INC Connect wlfh the Future We appreciate your recycling efforts. If your recyclables were not collected, please prepare them as indicated below, and we will collect them on you.r next pick-up day at NO EXTRA CHARGE. !it' PLEASE NOTE THE FOLLOWING: o PLASTIC BOTTLES We can only accept plastIc bottles wIth necks smaller than then- base RINSE CLEAN AND SMASH FLAT. We cannot accept plastIc tubs. wrap. film. styrofoam. motor oil or tOXIC plastic bottles o 2 METAL We can only accept clean alummum. tm and steel food beverage cans. RINSED CLEAN WITH LABELS REMOVED We can only accept clean scrap metal smaller than 24" many dlrectlOn and weIghmg less than 35 pounds Nuts and bolts must be m a contamer with a secure hd. \Ve cannot accept pamt cans fuel cans, plOpane tanks. aelOsol cans o~ metals WIth foreIgn matenals attached (Please contact ColumbIa Resource Company at 256-8482 or 737- i 727 for mformatlOn on the safe dIsposal of household hazardous waste Ol medIcal waste) o 3 GLASS We can only accept UNBROKEN glass bottles and Jars. nnsed clean. We cannot accept dishes. wmdow glass. Il11ITOrS or another type of glass or porcelain o 4 MIXED PAPER We can only accept clean. food-free mIxed paper, phone books. magazmes. grocery bags. cereal boxes etc We cannot accept napkms, tissues, pape! towels, pet food bags WIth lmers. waxed papel 01 wrappmg paper WIth fOliar plastIC attached 0, 5 NEWSPAPER Please put newspaper m BRO\VN bm (advertIsements are OK) We cannot accept newspaper m plastrc bags 01 with rubber bands. o 6 CARDBOARD Please flatten all boxes and cut mto 3x3 foot sectlOns We can only accept clean cardboard flattenec and SIzed cOITectly We cannot accept wax coated or food contammated cardboard n 7 MOTOR OIL We can only accept moral' OJI m plastIC nulk Jugs wIth'tIght fittl11g hds Jugs must be safe for transpOlt We cannm accept othel contamers 01 flUIds such as solvents Ol degreasers o 8 COLLECTION TIME Please have bms at the curD leady for collecnon by 6 30 am D 9 USE BINS AS FOLLOWS (Please do notll11x tecycJab!es between blllS) o GREEN - MIlk cartons. dnnk boxes. glass metal. plastIC bottles & TAN - MIxed Papel e BROWN - Newspaper o 10 OTHER Account Number Date Address Driver For questIOns j egardmg thiS notIce please caH (360) 892-5370 THANK YOU FOR YOUR COOPERATIO~: NORTH STAR SERVICES. (360) 9(jL0492 FORM NO 254 You're doing a great job recycling your Yard Debris! However, we can provide the most efficient service if you follow these instructions. Yard Debns Only - No Dirt, Vegetation with Dirt. Rocks, Sod, Plastic Bags or Garbage. Yard Debris must be placed In properly approved contain- ers 90 gallon rollercans are prOVided for collection. Extra Yard Debns must be placed In cans up to 32 gal- lons/75 Ibs max. or double walled Kraft paper 30 gallon bags/40 Ibs max No loose piles of Yard Debns. Brush must be cut, tied, and bundled no more than 4 Inches In diameter and 5 feet In length. Please tie with tWine or stnng only Yard Debns must be placed on curb by 6 30 AM on your scheduled Yard Debns collection day. Please place your cans as close to the curb or street edge as pOSSible Be sure the front of can faces the street. Please keep your can at least (2) two feet from any obstructions, including: mailboxes, recycling containers, garbage cans, fences, cars, boats, trailers, lamp posts, etc to avoid nsk of damage If pOSSible, park off street on collection day. Y-8 0 Please tnm trees or bushes, we are unable to service your location Y-9 0 Other Y-1 0 Y-2 0 Y-3 0 Y-4 0 Y-5 0 Y-6 0 Y-7 0 If your Yard Debns has not been collected, please prepare as indicated and we Will collect on your next regularly scheduled collection day. No extra charge will be assessed If you set out 90 gallons of extra matenal on your next collection day If you need service sooner than that, please prepare materials cor- rectly and call 892-5370 for a speCial pick-up. For questions or information please call. WASTE CONNECTIONS INC. Connect wzth the Future 94] 1 N E 94th AYE' Y'-NCOU\'ER, "'fA 98662 (360) 892-5370 t\!ortr Star Ser\'IC€~ t (360) fO'::;-Qt:2L =0. r.~ 25Z ~tp WASTE CONNECTIONS INC 9411 NE 94th Ave Vancouver, WA 98662 3605149009 CIty of Vancouver Automated Garbage ServIce 5516 Date ___1___1___ Account Route ________________ Address_________________________________________ Thank you for doing your part In helping wIth the collection of your refuse! Please revIew the Instructions below for more efficIent service. A 1 D On Collection day, place your cart on the street or at the curb by 6:30 am. A2 D Please place your cart at least 3 feet from any obstructions, Including. other garbage, recyclmg or yard debris receptacles, cars, trailers, boats, fences, mailboxes, lamp posts, etc., to aVOid risk of damage to those Items If possible, park off the street on collection day. A3 D Please place all garbage in the cart provided to you If you have extra garbage, place It m plastic ,bags and at least one foot from your cart. Please do not overfill your cart. A4 D Extra garbage has been serviced at this location and it may be more cost efficient to upgrade your service. Please call our office to mqulre about the many service options available Call 360.514.9009. A5 0 Please do not place your cart under low hanging trees or wires. The truck needs at least 12 feet of over head clearance to empty your cart A6 0 Please tnm overhanging branches to at least 12 feet. If your garbage has not been collected, please prepare It as mdlcated and we wIll collect double your standard service at no addItIOnal charge on your next regularly scheduled collectlOn day. For questIOns, addItIOnal mformatlOn or If you need servIce sooner than that, please prepare your garbage and cart as mdicated above and call 360.514.9009 for a speCIal pick up (return tnp charge may apply) t-JOFrTh ST A8 SEFNICES ~ (~50; S;:'4-(1482 FORfvl NC 259 A CHilD'S ACTIVITY,' ,BOOK OF WASTE CONNECTIONS INC. 9411 NE 94th Ave. Vancouver, WA 98662 (360) 892-5370 Reuse. . . Reusing means saving items that would often be thrown out and using them again. This saves money, saves landfill space and saves resources. . . .On a piece of scrap paper make a list of things that you can reuse. Ask each person in your family to come up with an idea, tool You can conserve our natural resources by making small changes in your daily activities. . . ~ (~\ ~ ~~ w cP)..~s s . ~ \e "\(~ 0.0, cfl~e "!~ ~ ,e'0 t-6 \ .\~ ~ '0 "(00- ~ (~ d~'\\ -0'0 e~ You can take an active role in your environment. . . SPRING 2002 , VANCOUVER #W CLARK COUNTY GO RECYCLE! Protect Yourself - Protect Your Environment ~ , If you have unwanted household chemicals or paints ~1 lurking be~~ath. yo~; ~ink o.r i~, y~ur. stor~ge area that say ~W- "danger," cautIOn, warmng, pOlson, "flammable" or "combustible," please dispose of them in a safe manner. Dumping chemicals down your drains or on the ground outside can harm you, your family, your neighbors and the environment. Here's what you can do to properly dispose of unwanted chemicals: :l Give these products to someone who may want to use them as in- tended. If the products can't be used, take the waste to anyone of three Household Hazardous Waste facilities The times and locatIOns for FREE Household Hazardous Waste drop-off are listed on the back page We ac- cept up to 25 gallons of household hazardous waste per visit in containers no larger than 5 gallons from residential sources. :l For more information on handling household hazardous waste or brochures on safer alternatives to household chemicals, call the Clark County PHONE: 360.892.2025 Solid Waste Program @ 360.397.6118 ext. 4352. r-----------------L----------------------------------l 0 PLEASE RECYCLE 0 Look for contest details InSide , .,. ,C/ V WASTE CONNECTIONS INC. C(;/11ti'1 I 'iJI!h lh( FlltUl (' 941 1 NE 94TH AVENUE VANCOUVER, WA98662 CONTAINERS MIXED PAPER NEWSPAPER CORRUGATED CARDBOARD ~~~~ ,/ Aluminum & Tin Cans ,/ Junk Mail, Magazines ,/ Newspaper ONLY Rinse and remove labels Loose and flattened: do not ./ Glass Bottles & Jars ,/ Paper Bags bundle or tie Ad Inserts are Rinse and remove lids / OK, v PaperbackslPhone Books ./ Plastic Bottles & Jugs Rinse, discard lids, flatten ,/ Cereal/Gift Boxes ./ Milk Cartons, Drink Boxes ./ Other Clean Paper Rinse, discard straws, flatten ,/ Cardboard Flatten boxes. Cut or fold to 3'x3'. Put next to roll carts or In speCial bins ~~ NO PlastiC bags or rubber bands NO Brown paper grocery bags or magazines (those go In the ''MIxed Paper') ~iLrn ~ NO Waxed Cardboard NO Food contaminated cardboard like pizza boxes NO Cans used for paint, NO Tissues, paper towels and chemicals plates NO Broken glass, Window NO Foil wrapping paper, RECYCLING ONt.. Y ! glass, light bulbs, mirrors, plastic/wax liners, JUice One wrong matenal may contaminate an ceramics concentrate containers . I d f NO PlastiC bags, tubs. entire oa 0 recyclables.. ThiS results In styrofoam, motor 011 bottles or garbage, rather than recycling. For recycling tOXIC wastes information, call 360.892.2025 L___________=_===__=====___=_======__________________ o Prmted on recycled paper With 20% post-consumer content EarthSAVER coming to a school near you! Clark County Solid Waste Program has started an ambitious program created specifically for science classes in Clark County middle schools. Over several weeks, students will get the opportunity to talk with local utility professionals in water, energy, natural gas and solId waste fIelds. Students will learn how those resources come mto the school and where they go when they leave the school. Aft e r intervIews with school staff, reVIews of energy, water and waste bills, and actual audIts of energy, water and waste consumptIon and disposal, students wIll make recommendations to their class and school on ways to use their resources more efficiently. S E PAR ATE, don't contaminate __L_______________________, 1 1 I I I I I. 1 1 I r- - - - - - - - - - -.- - _ - - - _ _ - J Gain knowledge! Win a prize? Enter the CONTEST! Help make your recycling efforts count by putting your recyclables in the correct container. If your children help take out the trash or recycling, please make sure they are tall enough to get the materials in the correct containers and they understand what goes where. Unfortunately, when trash or the wrong materials get mixed in with recyclables, the recyclables become trash also. Please clIp the recyclIng instructions on the front page and post them on your refrigerator as a handy reminder, and remember...S E PAR ATE, don't contaminate. Read this newsletter and answer the questions below. Entries fostmarked by August29, 2002 will be entered in a drawing to win a $100 gift certificate to WestfIeld Shoppingtown Vancouver. Winnmg entry must have correct answers to all G: questIOns. 1. What happens to recyclable materials that are contaminated with trash? 2. List recycling connections to clean air, land and water. 3. Where would you take Household Hazardous Waste? Give the address. ~ Special pick up of Household Hazardous Waste available to elderly and disabled at no charge You may be eligible for this pilot program if you can certify that you are disabled or over the age of 65 and have no other means to dIspose of household hazardous waste. This offer does not extend to medIcal waste. For details or to request a pIck up. call 1.800.449.7587 '-" Send your answers with your name, address, and phone number to: Waste Connections Recycling Quiz PO Box 61726, Vancouver, W A 98666 I L___________________J 2003 Every:Other~Week Service Schedule Thank you for signfng up for Every Other Week Garbag~- Collec:tion. Weeks scheduled for collection '~ are highlighted. please,posrthe calendar in a'convenient location for future reference. "., -..,". ~ \. ~ JANUARY FEBRUARY S M T W Th F S M T W Th F S , 1 2 3 4 1 ,5,:,' 6 ~"7 8 <) :10,:11. ;2" ':3 >,:4"',5 6 -,'7 8" 12 13 14 15 16 17 18 9 10 11 12 13 14 15 19 20 "21 22 23"24'25 j,6 '-17,,' ,18 -"19 20 21 -_ 22 26 27 28 29 30 31 23 24 25 26 27 28 " -, MARCH S M T W Th F S 1 2 3 A 5' 6 _-7 8 9 10 11 12 13 14 15 16 t7, 18 -19_ 20 -21: _22 23 24 25 26 27 28 29 30 ' 31 S M " 4 5 6 7 8 9 10 -. 11, 12 _ 13 ' 14 ' IS, 16 E> - 18 19 20 21 22 23 24 25 26 ,2'1'.':28 29 30 ,31: SEPTEMBER S M T W Th F S L 2 3- 4, 5, 6, 7 8 9 10 11 12 13 '.14 15,' 16' 17 18 19 20, 21 22 23 24 25 26 27 -'28 29 3Q - JUNE S M T W Th F S 1 2 3 4 5 6 7 8 -9 10 11 '12 .13 14 15 16 17 18 19 20 21 ,22 -23, 24 25 26 27 28_ 29 30 -' .... JULY S M T W Th F S 1 2 3 4 5 6 7 8 9 10. 11 _ 12; 13 14 15 16 17 18 19 20 -21 -22 ,23 2;4 2;5 26 27 28 29 30 31 OCTOBER NOVEMBER - S M T W Th F S S M T W Th F S 1 2 3 4 1 5 6 7 8 9 10 11 2 3 4 5 6 7 8 12':' 13 ; 14 15 ',16 17 18 9 10 11 12 13 14 15 19 20 21 22 23 24 25 16 17 18 19 20 21 22 ,26 ~_,27-. ',28, 29 . 30 31 23 24, 25 26 27 28 29 30 APRIL S M T W Th F S 1 2, :-3 4 5 6 7 8 9 10 11 12 '13 14 15 ,ll' 17- 18" ,19 20 21 22 23 24 25 26 27 _28 29 30: r AUGUST S M T W Th F S 1 2 3 4 ' '5 ,6 - 7 -,8 - 9- 10 11 12 13 14 15 16 1-7 18 ' 19 20 ,-21 22 zq 24 25 26 27 28 29 30 31 '. - - DECEMBER S M T W Th F S 1 2 3 4 5 6 7 8 ft 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27- 28 29 30 31 For additional service options please call 892-5370 ~ '" (h ,r iti< \ ( t~1 } fi) 1 ) - r(: <- t' ~ \ -'~~ OLfS-'l68-09f 'l9986 V& 'J;lAnO:JU1:A .;lAV lflt6 3N II t6 3.I11J1Y 3[jJ (fJun ;:JiJuuo:J ":JNI SNOI.L:J3NNO::> 3:.LSV A.\ YARD DEBRIS COLLECTION CALENDAR :5 4 5 ~ 4 5 6 15 16 1, 18 19 11 18 19 20 29 30 31 i 8 9 10 11 12 1:5 5 6 7 8 " 10 21 22 23 24 25 26 2, 19 20 21 22 23 24 1-. Drop Box Service? Fo! Jarpl !'lo]('cts-2Cl 30,40 \ard dJop box SelVI(C IS J.\aIldole Call to! larc~ Cost? 2 9 10 11 12 13 12 13 14 15 16 17 23 24 25 26 27 28 26 27 28 29 30 31 Service Cancellation? 5dSJC Yard Debll:::: SelV1Cf 15 Sf l':: ,)t, Jrl('nrh fOI 96 gallo 15 ~\.tlas \~ III tt nialged d, :::2 77 pel :-2 galJ...1lls eQlll\,a!eJ1t Than!cs agalliJor slgmng upJoryard debris collectIOn ILIl qw S[1or~~ 0/ 17(1)lC !llfi~J lld1(c{,n JI/Ca.:-( C(N! WASTE CONNECTIONS INC. 892-5370 vancustsvc@wcnx.org 1 (866) 892-9269 Regular subscnbers ma) >rgn up for or cancel )ard debns servIces at anv tIme If a subscnber chooses to cancel and restan collecllon selvlces withIn a vear of cancellallon, an $8 51 restal t fee WIll be assessed Consldel gOIng "on-call Instead of cancellIng YOU! servIce dunng Ille \\ Inter You \I rll pay $ 1 41 pel month cal t I ental. $4 64 per pIck up and avoid the lestart and can re-dlllver) fees A WASTE CONNECTIONS INC. Connect wzth the Future WASTE CONNECTIONS INC. Connect wzth the Future IMPORTANT NOTICE Starti ng March 1 st , , , , . . . . As Clark County continues to grow, it has become necessary for your garbage, recycling and yard debris companies to change your pickup day. Waste Connections and Waste Management Will be changing .the day we service your containers for: · Garbage · Recycling · Yard Debris (optional Waste Management service) In order to make thiS change, Waste Connections and Waste Management will begin collecting on a NEW DAY!!! for: · Garbage · Recycling · Yard Debris (optional Waste Management service) Starting March 1 st your NEW collection day will be: MONDAY Your pickup time may change. Please have everything out by 6:30 am on your scheduled service day. For Garbage & Recycling call Waste Connections at 360-892-5370 or 866-892-9269 if you have questions. For Yard Debris call Waste Management at 360-737-2425 if you have questions. If you currently do not have garbage and or yard debris service please disregard this notice. ).." , ~, ,~'" ,,' RECIKURAMO ""'~"~'''' ,"" ~ ""f~, :~r:,'A:I~lske,1 )lmen. konz~,rv^.':" '; , '~~t~,!_~,~,~~,,:~~:~~f"~ '!/:' ,'~ ~~.ne boCe I legl. ~~'<:' ',,~:< , ~\:';:I~~ !,,~,>~ket!,}:~/< :':< ;;~~~~~"~.'t"v;.ce~.).::'~" <:', ~f,'${IIpraIl;OdsIninltI ~I ~tftk ", ,r~ ,-r.. ,.-;:...,::.....",' " , 'v -' >' ::1./~~ ~ inu)eki I aokOva ,," ,':',;" ,~!,~'bspcall; 'odstranJti sIamke I splJo!tttI : , ...,~,~ )..;:,V~ ,_~~ , ~',~v", ,::,"", ',~'''~ 'W,') NE STAVLJAJTE... '.. .....,"~'~:t.'&.....~).,:,;;......,'~,~ v ,'^ <H,~./..-"<,,,.;.''''''#',,...''A.: :: tlt i<onZeiV.'k.0riit8ne za bOju:r>:~; ,:~t~1~ k8~ ';~~{ :~f\;:~;'Y?J~":..~{ :(i<,;:~ ':i(S;;~fe~'~~. ~~oz~rskD~, ,~{,~SiJallce; pgledala, keramika ":it<>; ,'tlE ~~'~~ ~~Poi;"~ cd ,::; ~<,~~~mog ulla m otraVnill otpada,': ~ ::'::<,<~~t-:':"'~"'l-~?""\.'~'-::""-:' <<~,~ )'~'::;~-;.-::,-=.~~ ~ ,::,,'..}'-:,>>~~' ,:""RAZNE VRSTE "(,, , ," '" < P'API RA"~"'':;'' ' -< ," , ,"' '~ ' '\' ~ ,~,""~ ..", ... " " " "/" :""'~\'->':~~'~~~\ RECIKLlRAMO tI Staru poitu, magazine , ~ -:.' "'<-", }:v;"' tI Paplrne kese ":' ,,' ,tI Telefonske Imenlke paplrnlh korlca" " :' <,< .:: ':' :' ~ ' "',' <" tI, Kutl)e od fltarlca/poklo~ 'tI D~Ug~ ~j~t pa~l~ <, : , ", , NE STAVLJAJTE... .... ' ',)-:-." "E T calml paplr, paplrnl' n;a,1cI i ianPrI tl E Papime loIije za umotavanje, -::: pIastlW~ paplrl ,%8 pakcvanje. '<<, illlntej1'!! od ko~ta 8O,kcVa ,,' ",:,,):, ~ g:~'~:;r:;:^,;: "~:~\:~~;,~?","" RECIKLlRAMO ~::tfKArton7;';" <,' " ::"" '-' ~," d;:j~ Iclmje.lzre1jle Ih na illlmade '>:;'olllib3'x:r: Stavieptnd kanlIsa ~ ;',/'toclcovima II u,SpecijaJo. illlrpe. " ' NE STAVLJAJTE... ::".... ~, ~ ~~::..::':.~~..} ~~'':-J"',;: ~*(.. '~tltPJastlCn.k&$t I , :ll E ~rn!,d. papl~d! ,~s' ~~'f~)rgovlne III magul ,~~t',f(.du'urflaii1~Vr8t8 p':.';,tra; "~~ ,'-" ,'~'" ~ ... J~"'::,""','f;..,'3f:\~~";~~~Y:",~" "'/ F.{?...../"~ /../ \., X/'''', ..... 'ltll'ffVo!t8nllWtonl" I:,' ,:'" >' , i: Ki!rtonf %aPrljarn hranom : , ,', ~~tc;!~;<~':':;;i,~'~::,' ~ SAMO MATERIJAL ZA RECIKLAZU Jedan pogre!an materl)al moze kontamlnlratl el)ell tovar materl)als za reclkluu. Ova rezultlra smecem, radl)e nego reclkllran)em. Za Informael)e 0 reclklul, nazovlte 892-2025. NE SMECE NHUNG DO DUNG . CHUNG Till Tiu CHE 81EN t/ Lon Nhllm ri Thllfc Trang ~h va tMo nhiln ra ' t/ thai ri l(I BAnp Thliy Tlnh Trang ~ch va thao nAp ra V thai va Blnh BAng Hhlla Trang ~eh, bO nAp, lam eho d~p V H~p Sila TltO'l, Hltd'c Ulfng Trang $;Jch. bO il'ng hUt, lam eho d~p KHONG BIIgC 80 vAo... ~~ Lon ollng alln, ollng h6a ch{t Vl\1'A'q Kllng bt, kllnJl cdl a~, b6ng v,Q oiln, gltllng, 04 bhg all Vl\1'A!l- Bao ny lOng, h4p bhg nhlll, cac .... 10~1 phom, blnh olj'ng nhdt 18 bo~c cb{lthal o4c GIAY eAe L041 ~/ /' '~"""-"7-~'-l :: ol.v '-- ,. ~"--' " -' ~ , ~ ;/ ,.' , \ ' ". ,," . ~ /' ~~.-d '\ ~~'''h .....____'.," .'~=L'::~-'"..1 '~ " \I'~" ,-,'.. --- ' -j' -:,r;.... ~ ......::;-;... ::-. .. ... -~.~;7>-- ~~_ ' ' ~--.~_:~;.;~ , ,.";',~ .'\. i . ... ' \ . ~ , . J , ~. /"'---- ' ~ :;:~ ;,~--- :"::"-::- 1 7="::~ ~~--< .'-:ZF'-- """];"~"~'~' /'-:;-,j ,,",i.r~~ b.........." _~---....4..' -:.... CHUNG rOI rAI CHE 81EN V' Thlt Quang Cao, T,p Chi V' Baa Glay V' Sach Bla Glay/Sach Hlen Glam Dlen Tho,. V' H~p CerelllH~p D\lng Qua V' Cae La,. Glay S,eh Khac KHONG Dl/(lC 80 vAo... Vlil"~ Cac loai kh;ln gify, gl{y lau lay ~" va lIla glay ~il"'h GI{ gdl c6 chil klm 10~I, ~ Ch~ nhl/a/Chat sap ong (wax), cac hOp gliy Iron olj'ng nudc lral c;ly nguy4n chit ~. .: ~;a:':_~ ::;.~: -:' .,. '"~~-:!:;,,'A,~. -... i::' ,; ~ -~~;:...:::~~.:l7" ~l BAO ,:~-~~"'?~....t;';:"~,~- ~~.~~:.~ ~-if..~?~tr~; ,--~^ ,~~"""~~t;'1;~''''1t;~~ r~. ~ ~":'it ...""..... J , -_""'.............- " , . CAC LOAf '~'::', ~'~; ~l~ ~!1~~.~~~ ,.-;: "_ '_ ~".:. . .-......~ I ".-'::,J:/'. .~. ~. ~ .;:;.. ~ "if "'E~S _.~ 1..- II ~ ~t .~. ,~. t :~- ~.. ""---- . "~-"'-.~"-~ ,,~,_...... ...,- ..;' ,'; ~ .. ~..".. CHUNG TOI TAl CHE BIEN CHUNG TOI TAl CHE BIEN '- ';~CHr"Di'R"ing'Ch.ri,:--:"'~~: ,;,-'~' D' ~ rlll r.r va I~m cho d~p; d~ ~ _<' _~ cQt ~ NhilnJl.~ Quang cao kern ,:~theo,~ b~,~~~~ ct:'~Q..~~ , V' 'Bla cang ..' .,. " .,~,'.. . . Um eho d~p, c.1t ra khoan~ 90em lC 9Ocm, D~ ben C9I1h thittg co banh xe d~ ~e trong thiJng llVng d~e blet KHONG DII(lC 80 vAo... KRONG BIIgC 80 vAo... :r-~:~~~:~r;~~...~~%~~ ~~ ~~~ay.~~}~~; ~~~~ - ~__\l BaD iJilj milD nAu 41/11g 011111 elIlI bote..' """;,0 ~p chi (nhiJn(1/a~ nay bo vola trong ,~. ''!l';,-;;?;G.!!Y. ~~j .$':~1~i~~~~ Vl\1'A~ Bla cang c6 ~h{t'sap ong (WIJ) ~\1'A'q Cac 10'. h4p o1/llg thac In oi bl hit ~Q , ? " A.' CHI DANH CHO 00 rAI CHE BIEN! Bo vila mOl chat lieu sai CD thillllm hit ea 16 chat lieu lai che bien. Khl do thi chllhilnh rac, chu khOng con tai ehe' bien dlf\le nw. Mu6n blel them chi uet ve vlec lal che bien, xm g91 s6 892-2025, ENVASES VLatas de aluminlo y hojalata Enjuague y quitele las etiquetas VBotellas y frascos de vidrio Enjuague y quitele las tapas VBotellas y jarras de plastico Enjuague, tire las tapas, aplastelo VCartones de leche, cajas de bebida Enjuague, tire las pajitas, aplastelo NO PONGA 0 NO Latas usadas para pintura, quimicos NO Vidrios rotos, vidrios de ventana, ~ bombillas electriCaS, espejos, ",r,:, ceramicas ." , :'-", NO Bolsas y envases de plastico, poliestireno, botellas de lubricante de motores, 0 desperdlcios tOlicos ' PAPEL MEZCLADO -:7 \'---"': ~~;~~ - ~,,---/,"-, ~:~:;~'~,:) ;1 )''::-3 ",.;::F-c.'-{ <I: __t:-:. : t ~~:~o~~~ .. -:....--._"'-.......--,""-- " ....,...... ~ ......)~~-"'-...."--'- tI Correspondencia desperdiciada, revistas VBolsas de papel VLibros rusticos/guias de telt'ifono VCajas de cereal/de regalo VOtro papellimpio NO PONGA NO Pafiuelos de papel, servilletas y platos de papel NO Papel de envolver de aluminio, 'orros de papel acerado y de pllistico, envases de jugo concentrado CARTON ARRUGADO':: '\,.~ ' \ It ~~ ~ ~;.~ ~ l1f~ . . . VCart6n ty::, r, "'f:",;:::::,,^, Cajas aplastadas. 'COrtelas en 3'x 3', pongalas a11ado del carrito de' '" ruedas 0 en recipientes especiales NO PONGA NO Carton acerado NO Carton contaminado con comida " jARTiCULOS PARA RECICLAR SOLAMENTE! Un material erroneamente colocado puede contaminar toda la carga de articulos reciclados. .Esto resultarci en basura, en vez de reciclaje. Para obtener informacion, acerca del reciclaje lIame al 892-2025. KOHTEMHEPbl Mbl nEPEPA6A TblBAEM CMEWAHHAR 6YMAr A r:;:;--" ;; ,_ e', - \.. /~~ ~--- "-."~ ~~ / ~,~ , . ~ I~' ~k~};:;:;, I'ii; - ~~<'; ... --,..-,.'-" 'Ii: I ... ~.-__Ji<.'-~:~;;r'~.,..v~ ;~ ? """,. 1;"'0 .~~ ' 1-", ,~~;p;?~;;? . ~ < < / fit. ~ '~Ll, ~ ,~~ ~~ ~c:: .... ~~'t ~~~~9:-~ -i"'iif~:;~~ Mbl nEPEPA6ATblBAEM tI' AnIOMMHMeBlole M lKllCTJIHlole 6aHKM II' HeH}'lKHYIO peK1laMHYIO no'fl)', CnOnOCHII19 M yp,aIlMTll HaKIKlllKII lKYpHanbl tI' CTeKllAMHIolB 6)'TbU1KM M 6at1KM II' r.YMlI)I(Hble naKeTbI CnOnOCHMTll M yp,aIlMTll KPblWKIl tI' nnaCTMaCCOBIolB 6)'TbU1KM II II' KHllrll B MArKOM BMKOCTM nepenneTehenecpOHHlole CnOnOCHlI19, Bbl6poaml I<pbIWKM, C,D.enallTe MOCKMMM cnpaaO~HIlKIl tI' KapTOHHIolB BMKOCTIl M3-nOA II' Kopo6KIl M3-nOA MonOKa, Kopo6KIl1l3-nOA COKa xnonbeB/nOAapO~Hlole Kopo6KM CnOnOCHMTe, Bw6p0cMT8 nM'1DeBble TPY6o'<KIl, C,D.enallTe MOCKMMM II' npO'lYIO 'lMCl)'1O 6YMary HE KI1AIlHTE... ~~ &aH"", Ilcrtonb308allHbHl A/IlI """CJOl, XJIIMMK81'W . - ~ ....... PU6MTOB c:ilHuIo, OItOHHoe C1'81U10, ..."" naMRO~"" OCBllUleHH", allplWla, upaMIl"Y, ..' - ~~ nOnM:tTIlJIllHOabl8 n8KllTbI, MllCTMllCCOIIbHl 8MIUIC1ll, C1'8po-lHlll)', 6YTb1nKM Ma-ROA ..aWMHHOro ..aena MIl.. TOKCM'IHblB OTXOAW HE KnAllHTE... ,,~ CancpllTKM. 6Y"_Hbl8 nOnDTeHlla II 6YM""'Hbl8 TBpenKM ,,~06ePTO~HYIO 6YMary M' ,pOnbrM. nonM3TMneH08b1e/aoCKOBW& nneHKM, eMKOCTM M3.nOA KOHlleHTP"pOB8HHOro cotta KAPTOH. _ ';_::' .-;:::-7.+ - 'J,1. '1:&:,:'. ,;,' Mbl nEPEPA6A TblBAEM t/ KapTOH -+ ~... ,,', ':.r ' ! CAenaimllCDp06lcM f1IIOCKMMll. '. nol1P8>KTll AO plI3M9poB 3x3. nonC>>KMTe J)AAOM C KBTAlIUlMMCA T8II_KBMM IU1M B cne~llllI1bHble HE KJ1A1lHTE... ~~ KaploH C_, ~ft,t KapTOH, eoA"Pwralllllii 8A'/ TOflbKO IVlR nEPEPA50TKHf OAIlH HenpaBM1lbHbliil npe,u.MeT MOlKeT MCllOpnnb ~enbliil KOMnneKT npeAMeTOB, nO/VIelKal1l1lX K nepepa60Txe :he npllBOAKT K nonY'leHIlIO Mycopa, a He npe,t1MeTOB /VIR nepepa6crrK1l AnR nOll}"leHIlR IlHQ>opMaUMM 0 nepepa6crrKe, 3BOHMTe no renecpoHY 892-2025 -< CD ~ :E ;::+: :J G> ., ~CD CD ::l CD ~ CD :::!. ::l CO ~ ;0 CD C. ~ ;::+: :J ~ :J ;:+ CD CD ~ CD :::!. ::l (Q Service Provided by; WASTE CONNECTION 892-5370 MAKE SYRE STICKER IS VISIBLE FROM STREET Do not include: dirt, sod, stumps, metal, rocks, oversized branches, ashes, pet waste, food, or household garbage. MAXIMUM WEIGHTS: 96-Gallon rollcart - 195 Ib max 64-Gallon rollcart - 130 Ib max 32-Gallon can - 65 Ib max 30-Gallon Kraft or Eco-Bag™ - 451b max Bundles - 45 Ib max CAUTION: Wet grass is extremely heavy and can easily put you over the weight limit. m )C D) 3 "0 - (1) en o .... en ..... -. (') ~ (1) ., en Yard Debris/Composting Page 2 Community Recycling Efforts Paae 3 ~ ~ III ~ Recycling at Home Page 4 I've heard some people say, "Why recycle, it's not worth it...it takes too much time...it's not convenient. . ." Here are a few of the reasons millions worldwide make recycling a daily habit: ; WATER * Every ton (2,000 pounds) of pa- * When a glass bottle is recycled, per made from recycled paper 500/0 less water pollution is pro- and cardboard saves about 7.000 duced than when a glass bottle gallons of water. is made from virgin materials. Household Hazardous Waste Page 5 Waste Prevention Page 6 Educational Opportunities Kid's Page I Page 7 i What's New I Page 8 I ___ ________ ________~___ _ ____ __ _ J * Recycling a one-foot high stack of newspapers saves enough energy to heat a home for 17 hours. * One recycled aluminum can saves enough energy to power a computer for three hours or a 1 DO-watt light bulb for 20 hours. * Recycling 23 aluminum cans con- * Recycling one ton of plastic serves one aallon of aasoline. saves the equivalent of 3.85 barrels of oil. ECONOMY * There are about 26,000 facilities in the reuse industry (thrift stores) which emplov over 170.000 people. THE INFORMATION ABOVE IS COURTOUSY OF THE WASHINGTON STATE RECYCLING ASSOCIATION EDUCATION COMMITTEE.. You CAN GET MORE INFORMATION ON THESE TOPICS FROM THEIR WEB SITE @ WWW.WSRA.NET OR CA~L ~_~~.~~4.~~_1.~.. _' _' _. X _. _ _ _ _. _ __. _ _, * The US recycling industry has over 29,000 establishments and emplovs over 950.000 people. FOR YOUR FUTURE, FOR YOUR CHILDREN'S FUTURE... ,,~ -1;'7 Recycling saves 4.,?- energy, p .~ \\;l Recycling saves ~ ) I clean water J~ A~-''''' Recycling reduces I~t1 air pollution Recycling saves natural resources ""......' I~cycllnl Contac~: .. Holida~ Collection Schedule 2002" Recycling and trash collectors observe the following three holida s each year Dee DJan 25 1 Wed Wed x Nov 28 Thurs Thanksgl\llng (])1 \~tlll,)S 'J(..\ Yt',\I ~ n,r\' For these three holidays only, there is no collection service. Collection will run one day late for the remainder of these holiday weebs. Unincorporated lh'ball'1l C~arlh> COUE1\ty (Also La Center, Yacolt, Battle Ground and Ridgefield) I ~ Waste Connections Inc. Email: vancustsvc@wcnx org I Curbside Recycling 360.892.5370 I ~ Waste Management of Vancouver (www wmnorthwest.com) \ Yard Debris Recycling 3607372425 Unincorporated Urban Clark County & Battle Ground I ~ Waste Connections Inc. Email' vancustsvc@wcnx org I Yard Debns Recycling 360.8925370 I City of Ridgefield City ot VcmCCn,lll\per Recycling instructions are now available in ,!l1bf;Js~f!n! Sluuys!J:", Viet- t!:.f!Jl!eJ~~~ f1J1d BQsrd@: If you know someone who could be helped by this information, please call 360.892.5370 and leave a message with their name and/or address. We will mail the information to them. ~~-- ~-- w~w~~="""~_~ >J>'~~'-.1~~~--- -_..--.-_"'--,..-.-.--------~ - :::=~~~...::.::.e~~:.:::::~~~,...""...-.w''''~~'-'..~''''~i~l''.'A<.......W--':::.~'''~- __ -~':1~~ "/ '1,:\ 11 I ~ \ f (J '( '~.;', .}.. I l)d 11 NT f),llh;\ ve \'nnc011VCJ1 \\t,.\ l)g/)(L1 PrsrlStd U S Postage Paid AMI I ~ Waste Connections Inc. Emall: vancustsvc@wcnx.org Curbside Recycling 360 892 5370 I ~ Waste Management of Vancouver (www.wmnorthwest.com) ; I Yard Debns Recycling 3607372425 - I All CU~_l!'b_ COU~ Multifamilyl Apartments I ~ Waste Connections Inc. Emall' vancustsvc@wcnx org I Curbside Recycling 360.892.5370 Transfer $tati@ns I ; ~ Central Transfer and Recycling 360.256.8482 11034 NE 1171h AVE, Vancouver OPEN. Mon-Fn 6am to 6pm & Sat-Sun 8am to .1prn CLOSED: Memorial Day. 4th of July, Labor Day, ThanksQivina, I I Chnstmas and New Year's Day i ~ West Van Materials Recovery Center 360 737.1727 \1_ _ _ _6.6_01 _NW_Old Lower River Road, Vancouver OPEN: Mon-Fri: 6am to 6pm & Sat: 8am to 4pm CLOSED: All Sundays and ThanksaivinQ, Christmas and New Year's Dav _.- - - -.'- - - i - - - - -.-.- -.- - -.-.-.-.- I Aea s,Jea).. MaN pue sewJS!JI/:J 'DU!A!DS>tuelll. pue s,(epuns \IV :03801:::1 wdv 01 weg :leS '8 wdg 01 weg :!J:I-uoW :N3dO JaAno:lueA 'peo~ JaA!~ JaMol PIO MN ~099 1a.11U'Jlt'\ t )pAn":l\,,' ~IDIIA'DI11IJpa U::AAA 4 I ,7'I"f','nnt'l . ~~:=1{ ~#t~i.ulll)\ 0'''; ; )./,i" ~<: Jj/ freq ent5y Asked ; 1J What should I do if I hav\.' extn\ trash om:!; in awhile? ~)> ~ (~~ i ... _ L <~;,rj>-) "Ai If you occasionally have extra garbage, call your garbage company for curbsIde rates on extra cans or I~ large items. If you decide to take your waste to one of the two transfer stations in Clark County, you - must cover and secure your load and pay the following fees: a transaction fee of $10.00 per visit plus a per - ton charge for the trash (or a portion of a ton measured in 20 pound increments), plus a 3.6% State GRT tax. [1] Why can't J recycle lUY margarine and yogurt tubs? I~ Regardless of the recycle symbol and number on the bottom of the container, tubs ~ are a different type of plastic resin than bottles. There are very few markets that will take tubs for recycling, but plenty of markets for plastic bottles. \ 1,) Can I get recycling service in rural Clarl{ County'? 14I Of course you can! Residential collection service is available on public roads throughout Clark . county, and on private roads jf all owners of the road agree to allow the trucks on their road and if the truck can physically and safely navigate the road. Rural customers receive large bins and recyclmg service every 2 weeks. Trash service is available more often if needed. fj'iWhat do I do when I have more recyclables than will t1t in my bin? .Ill Residents can set out extra recyclables at no charge if they are contained in a clearly marked containel. ~ For example, put extra paper in a paper bag. If this is a regular occurrence, residents are encouraged to designate a durable container, such as a 5 gallon pickle bucket, for extra recyclables. Make sure you label the container so it won't be mistaken for extra garbage. ril How can I recycle myoid computer? <' ,..fu4e.lt.w4e."" lt~J1U'_~ ""e. W\!Iit11a\t ~ir&i'@~!re:BsgQ:n ~rr~ YU~J'\ h;~alr~rf~g O~lI A '~i'\ WK''\} ft." L.) <!:.C';~PAi:l 'f2:/;~ h !tt ''!'' It's hard to imagine how much impact one person can have on our global en- vironment. But every choice we make about what we buy, how we use trans- portation, how we build and heat our homes and how we dispose of things, leaves an ecological footprint. When you make choices to buy less, drive less and responsibly dispose of unusable material, you leave a smaller footprint. Use these web sites to measure the foot- print you and your family are leaving on the earth. (!) VI' Nw.':';lr!hi\HY.net, click on "Check Out the Ecological Footprint Quiz" (!l www lead org/lc;tdllel/toolprlllt and click on "Start" (!l W\VW .t:l'olugicalfonlpnllI.CUlll. and click on "Estimate Your Footprint" Many of these websites will show you just how many earths it would take to sustain life if everyone lived your lifestyle ~ the results can be surpnsmg. rrr""=-=""="'_:-:~''':;:''=-;-'::-_~=-~=:;:-:=''''';:;::=-':-'':'::';=='-"'=''''==''''""'-'Z.:'''l"! 1\\ Answe.rs ]'0 "Comple\'2, l+H~ Sentences" \1 I 1. Bottles \1 I 2. Red Wigglers II 113. Household Hazardous - II \14. Recycled I IL_=",,,:::,=,;;,'=;::C~="""'~':::;:,""-"'-=_-:-_'=L'=-":::"'==';:='-"='''--'~~' If you want recycling to be picked up at your pusiness, contact the City of Vancouver Solid Waste Services @ 360.696.8186 to receive a list of permitted recycling haulers in this area. Businesses can also self-haul recyclables to a transfer station for FREE (See Recycling Contacts on page 1, for locations and operation times of transfer stations.) ! ~ '}}~~ ,~~f~"~-J\~ *(r!! e"\;, I , ' ,,- :,' It <\n 1 rOc':]': k lht my O)U';ulr:;~: " ", rll'! l ~ ~ ~ ,,\, J .~ )" ::z..1 l.c~.).. '0 {,' I'., l ,< ,', , , h"" Your recycling and trash will not be picked up on Thanksgiving, Christmas and New Year's Day. If _ ,," one of these holidays falls on a weekday, collection will be one day later for the remainder of the week. t~}, ~ .v VISIT ANY OF THESE FOUR SITES: CASEE Centelf 11104 NE 149th Street, Brush Prai- ne Clark County Fairground:;: 17402 NE Delfel Road, RidgefidJ H & H Wood Rccydill~g 8401 NE 11 7th Avenue, V allCOU vel Natural Gardens at Burnt Bd.dge Clree~(. 4505 East 18th Stfed, Vancouvel NATURAL GARDENS AT BURNT BRIDGE CREEK Backyard Compost Demo Site America Recycles Day - November 15th 2002 Look for information about America Recycles Day at www.americarecyclesday.org Curbside Yard Debris Is... .:' JA < " Leaves, weeds, prumngs, grass clIppings, brush and woody material, lip to 4 lllchcs IJ1 ~tlamctc~1 Hlld 5 teellll length Curbside Y~fa~Debris Is NQt... '\ -' " I..,f" \ ' Dirt, sod, rocks, stumps, (ood or vegetables wastes, gal bage, ammal waste or hazardous w!Istes~ COllst~llCtlOn :d!lbr~s o~ branches more than 4 Illch((s III dIameter or S,feet in length Curb your yard debris If you have too much yard debris to compost at home, don't throw It III the garbage or bum It, subscribe to curbside yard debris collection , Waste Management of Vancouver, 360.737.2425, provides optlOnal vard , debriS collection services to residents m and around the cIties of Vancou- ver, Battle Ground, and eastern Clark County Waste Connections, 360.892.5370, provides curbSide yard debriS service to residents in the Cit- Ies of Ridgefield, Camas and Washougal For Waste Management customers, the cost per residence IS Just $6.02 per month (every other week pick up) m the City of Vancouver and $6 39 per month III the City of Battle Ground and III the unmcorporated ar- eas of Clark County that are served A 64-gallon rollIng cart is provided along With a specml,"stjcker for an additIOnal 32-gallon can You may set out up to 96 i111oJIS,o'rS:ard debriS every other week You may also sign up for on-call s<:rV~c:e Withlll 10 days of slgnmg up for service, Waste Man- agement wilr'~eliver..yo'ur. special yard debriS cart and sticker. Buslllesses al}q-'apartm~m;~d\l,nple~~s can also call Waste Management to find out about rates. \?,,: . , , ',~"-,v~"'1t,~..,\, ~~ ~~ste C<?nn~ctlOns customers m Rldgefield Will pay $7 00 per month arid wIlL be..provld:d With a 96 gallon yard debris cart (an extra set out of 32 galIonsf,of0yard debriS IS accepted at an additional charge of $2 OO).,Ya!i!isleb~is:~~ifection IS everv Tuesday Recycling yard debriS IlltO compost makes good sense, It'S cheaper than throwing It away as trash and It plOduces an earth friendly product Recipe "far Healt.hy SoU The perfect yard debris set out. If you sign up for yard debris ser- vice with Waste Management, you can set out a 54-gallon roiling cart as shown In the middle, plus one additional 32-gallon labeled can of yard debris as shown at the left or one kraft bag, shown at the right. Yard debriS is collected every other week on the same day as trash and recycling collection. Become a Master Composterl Recycler Volunteer The Master Composter/Recyc1er program offers FREE educational materials, compo sting workshops and train- _ ing throughout the year. Classes start in the spring, 11 but you may SIgn up anytime. For details on class "; dates and tlmes, call the Master Composter/Recycler ,,' ~ '-I "'- program @ 360.397.6060 ext 7710. -:.. Worms at work! Ingredients for compost: 1 Large wheelbarrow full of brown stuff (fallen leaves, straw, etc ) 1 Large wheelbarrow full of green stuff (lawn clippings, yard tnmmlngs, etc ) Mix: Mix thoroughly and mOisten slightly so entire pile feels like a wrung out sponge. Pile. Your pile should reach 3 feet high by 3 feet Wide In all directions Heat: Naturally, your pile will begin to heat as microSCOpiC critters and fungi begin their work ,..^^n r-, _ ...,..n(l r-\ __ _ ._ _ ____'-_..1 '_ Over 14 % of the trash fillmg our landfill IS food waste and It doesn't break down qUickly m the landfill as some people might thmk In fact, some landfills that were, excavated revealed whole fruns and-veg~tables;even after 30! -^"'- \'. \ / I /f(' \\ years o~,bunal '-"", \ \/>/ c::_~-;:-,";;.. I // Instead of landfilhI)g'?Vr 'fnllts'an~ veg~tab\es, let}~~ I red wiggler worms go to"work and turn tho'se 'imwa,nted, scraps mto black gold (worm compost) fir your gar,dJ'~'/ I ! ",;flY I You 9illJeed your worrqs'1:-!f f ll.... l ! Ingredients for compost: 1 Large wheelbarrow full of brown stuff (fallen leaves, straw, etc ) 1 Large wheelbarrow full of green stuff (lawn clippings, yard trimmings, etc.) MIX: Mix thoroughly and mOisten slightly so entire pIle feels like a wrung out sponge, Pile' I Your pile should reach 3 feet high by 3 feet wide In all directions Heat' I Naturally, your pile will begin to heat as microscopic crrtters and fungi begin their work decomposing your pile. The highest temperatures (1300 F to 1600 F) may be reached In 3 to 5 days Keep your pile mOist Irke a wrung out sponge and turn your pile and it will begin to reheat, continue turning once a week for several months I ~PPIY' . Add finished compost to garden or flower beds ThiS will Improve your SOil by Increasing I organic matter which Increases water and nutrrent retention J .~~~~~~:~~~~~~~~~~~~~es and.~:~~~~,:':~~::~3~~:~~~~::,~:~./ SeHf~ha"d yard debris ~'What do I do With the bl[j stuff?" ~()" Worms at work! Over 14 % of the trash fillmg our landfill IS food waste and It doesn't break down qUickly m the landfill as some people might thmk In fact, some landfills that were excavated reve~~~whole, ~~s and ve~~ta9~~s,;,:~\ven after 30 [ years o(bunal. ' "~, \ \ / / I /! { __ , ';:," I / . Instead of landfillmg'oilr ,fnuts/and ;egetables, let the I re9" wiggler worms go t~'\ ~brk and tyin th~~e ~~13w~r;ted I scraps Into black gold (worm compost) fgr your gar~en . / \.'''> /1 ,/ ~ , i You ca!.LfGed your worrryt.,.';' : ! ' if ^, I A(ll vegetables (cooked or Bread.>' \\;. ! raw) Noodles" ,.' \ AIIJrUlts (cooked or raw) Rice \ Coir~e grounds Egg sh~II~" D f. i ;' \ 0 !lQJ flea your wQrms. '" \ \ -., \... Meat (cook~<i or raw) Dairy Pniducts " " Cheese' '-, ,Fatty or'buttered foods I To learn more about worm bms and classes, call the) Master i Composter/Recyclers at 360.397.6060 ext 7710. p~ eVel'~t fioodbag - DOI1i~'ii: place leaves itrlJ the Unwanted vegetatIOn belongs back In the natural nu- If you see leaves causIng a flooding problem In Ihe City of Vancouver, call~0.696.8177. For as,lslance tnent loop If you have too much yard debns to compost wllh flooding In unincorporated Clark County, call 360.397.2446. yourself or you hve outside areas where curbSide service IS - _ _ _ _ '_' _ . _ , _ . _ _ _ _ _ _ _ __. _ _. _ '_ __, __ _ . _ _ _. _ , u available, cover your yard debns load and bnng It to a com- I merclalcompostmgfaclhtymClarkCounty West Van Mate- RECYCLE ONE LOAD OF LEAVES FREE WITH THIS COUPON nals Recovery Center at "~~PJ,,. ~~ Old Lower River Road '"The City of Vaneout"~r and Clark County are offenng FREE leaf disposal from Oct 10 to Dee 22, 2002 (360737 1727) chargeS"~'$fee~;fotAJOO%1:yard debns that IS "', ,of!-'''-'''' /' C/ip this Coupon and present it at: lower than the regular':'s'oll'dlw\i.;aste:dlsposal rate For $4800 ." .,.. 'c" I H & lhWood RecyeIcrs WI'S! V ~n MlItfll.lb RftOVcrv iVIcF.lr1!!!.~ per ton (proportlOniilly.~harged:ih 20,pound Increments), you . 8401 NE h7th'Ave 360.892.2805 6601 NW Old Lower RIver Rd 360 7371727 8806 NE 1I71h Ave 360.892.6125 can bring 111 all the mateEal~ ~s d,~sEi-I~ed ~bove In curbSide I Mon-S;;t~8 a"in"'''':S:Rm '\" Mon-Fn 6 am-6 pm Mon-Sun 8 am-S pm yard debns as well as,soCl;' roo'(baIls, brancIies up to 8 feet 111 I ,silii 9am'-:-4,p"U1 ." ,0/ "";,,,, Saturday 8 am-4 pm Cloud SlIlIdays III De<. alld length and stumps up"t6 3,:ieer in ;dl~m'e;ter' 'Jil~ase do 1I0t ;11- Closed TllanksglVlc;,g D~y'1)'d De<.,8 Cloud SlIndoys and TllanksglvlIIg Day Tllank,gll'lngDay -<: ~>:'. ,~'V"":;' '; \, ,,\. '~ 1fu ....\;~t, elude dirt, rocks, or'oveisiz,e4'~afenalsand be prepared to , Clark tounty residents only _ FREE recychng IS for leaves only! tear open plastic bags',:a'nd:eriipty~them yourself If you used 1 , 'Ya'(d":;debns or mixed loads Will be charged at regular rates. them. Central Transfer 'and' Recycling at I 1034 NE I17th . Leav~s Irhplasiic~bags must be emptied out and you must take the bags With you. Ave m Orchards (360~256 8482) charges $55 00 per ton for I "Pleas" 'om~lete the followlflg information yard debns. ThiS mater~al is composted at West Van and used I My street address IS:<;': by the City of Vancouver, Clark county Pubhc Works depart- I Th'HOOpo"h~"o ment and others , . m~,"'''~''': _ P~~s.e~~ th~s o:lg~.na~. c~up~n ~t ~~e_d:~?-~ff~lt:: G.oo_~ for one load. My Zip code 1S. I j~ <I I e Neighborhood Recycling Champions brush up on their recycling skills and earn cash for their neighborhood associations Forty-three neighborhoods participated m the Recycling-est Neighbor- hood Program this year and most will be recoglllzed with a cash award at the annual City of Vancouver Neighborhood Resource Fair To participate, each neighborhood associatIOn sent a Recyclmg ChampIOn to one of four trammg sessions that lasted from I 5 to 2 hours Two of the sessIOns mcluded a tour of West Van Matenals Recovery Ccnter (pictured above) After the trammg, mdl- vlduals wrote or used a pre-wntten recyclmg mformatlOn article for their own neighborhood newsletter If yoU! city neighborhood aSSOCla110n IS mterested m bell1g ll1volved m the Recycling-est Neighborhood Program next year, let your neighborhood chair know that you'd like to parl1CIpate and make sure you regIster next sprmg With Elsie Deatherage, City of Vancouver Solid Waste, 360.735.8842. On Apo120, 2002, the City of Vancouver, Washmgton State Depart- ment ~ of TransportatIon and Waste ConnectIOns teamed up with Oregon's SOLV program to pick up litter along 6 miles of Highway 14. In Just four hours, 46 volunteers collected over 880 pounds of litter that was thrown out or blew 0\11 ofsomeone's,vehlcle. YOI). can help:,," ~ Make surejfyou are hauling anything m an open vehicle that your load is covered with a tarp or net. ~ If you see'sgmeone Ilttermg from their vehicle, record the time, day, 10- 'cation; cross street or Inlle post, directIOn the vehicle was traveling, li- ;. ',j .. ...... Ji ~;;-----~--- -\';;:.1 ens l2a,tA S Commg soon to a middle school near you .last year, 530 students from 18 middle school sCience classes m the Evergreen School Dlstnct completed the Earth SAVER curnculum The Vancouver School Dlstnct participated With 390 students from 13 class- rooms . Each class had the opportulllty to talk with local professionals m the garbage/recyclmg, water and energy fields learnmg about how resoU!ces arrive at then schools, and where they go when they leave. . Then students examined the schools' utility bills and created spread- sheets to help track the utility use and expense . Classes were then diVided mto three groups to perform utility audits One of the thmgs the Water Wizards noted was the locatIOn of storm drams and whether they dramed directly to a stream or the sewer The Enerev Emissaries counted light fixtures and any energy usmg deVice m the school such as computers and vendmg machmes Waste Warri- ~ had a rare OppOrtulllty to do some dumpster divmg - they sorted and recorded by category one full day's worth of garbage (yes, even the cafetena garbage). . Interviews proVided the students the OppOrtulllty to question the staff about resource use with probmg questIOns like, "How much of the schools' office paper has recycled content?" . A final presentation was developed by each group to summanze what they learned and to offer recommendations for conservmg resources . Then the entire class developed an action plan that the school could use to Implement some of the recommendatIOns Many surpnsmg statistics were uncovered 'I" Each school disposes of 'I" Average utility costs per school approximately 20,000 recy- exceed $120,000 per year. clable plastic beverage bot- tles a year 'I" Each school disposes of approxI- 'I" Each school uses I million mately 1,185 cubiC yards of trash gallons of water a year. per year. The goal of this project is to enlIghten the students, teachers and school dlstncts about resource use and '1 abuse Starting With the new 2002/2003 school year, more Earth SAVER programs will start III the schools '\ and more students WIll learn how wise resource use today can Improve their future. The Clark CountyNancouver Busmess Assistance program recog- nIzes businesses that make recycling, waste reduction and purchasing recycled content products part of their regular busmess practices These businesses are elIgible to become members of the Business Recycling Awards Group (BRAG). The following businesses have achieved the right to BRAG about their accomplIshments. They recognize that conservmg resources IS good for business and for our community. To fmd out more about BRAG and ............ ...'-..........J""........O V..J~ ..L'tV.l5.l.UJV.l.l.lVVU.I. .Lv5.La.ul_u\..oAL J""O.l, Jt;;L YUUJ UC;jb~JUVJ.U.VVU ""uau know that youYd like to participate and make sure you register next spnng with Elsie Deatherage, City of Vancouver Solid Waste;360.735.8842. (-"3 more barth SA V bR programs Will start m the schools and more students Will learn how wIse resource use today can improve theIr future. ~ pn;~ptjI20, 2002, the City of Vancouver, Washmgton State Depart- ment' of TransportatIOn imd Waste ConnectIOns teamed up wIth Oregon's SOLV'pr~ir~"to pick~up litter along 6 mIles of HIghway 14 In just four hours,' 4~ volunteers collected over 880 pounds of litter that was thrown out or blew out'of someone's vehIcle ,) { f ' You c)m help: ; , :>: ,Makesurdfyou are hauling anythmg in an open vehicle that your load .' 'rs:~overed ~ith a tarp' or net. :> ' :ri you':see '~omeone IIttenng from their vehicle, record the time, day, 10- " ~; cation cross street or mde post, direction the vehicle was traveling, li- cense ~lat~'humber, writodel' and color of car, and what was thrown from ,the. v~h~c~~: Th~,1). ~!lI.1J.8~~.~I'f~,PU, , .. The Clark CountyNancouver Busmess ASSistance program recog- mzes busmesses that make recycling, waste reduction and purchasing recycled content products part of their regular business practices. These businesses are ehgible to become members of the Business Recycling Awards Group (BRAG). The following busmesses have achieved the right to BRAG about their accomphshrnents. They recogmze that conservmg resources is good for business and for our commumty. To find out more about BRAG and how your company can become a member, call Clark County Sohd Waste at 360.397.6118, ext. 4493 or Clark County Busmess EnVironmental Assis- tance at the Greater Vancouver Chamber of Commerce @ 360.694.2588. Sc~~ools e:md Special lE'\fen~s Thanks to the efforts of Solid Waste Analyst Elsie Deatherage With the City of Vancouver, and Waste Reduction Speciahst Pete DuBois With Clark County, grants were obtamed to buy recychng contamers Clark County schools have long recycled paper thanks to the hard work- mg'custodIans, students and teachers who collect the material. Now schools wlll have help settmg up plastic bottle and aluminum can recychng. Pete DuBois, With the help of Recycling Educator Gmger May (Waste Connections), IS work- ing With Clark County schools to implement bottle and can recycling by provid- mg recycling cans and technical assistance. These big blue recycle cans have also been showmg up at Special Events around Clark County Between the 4th of July Celebration at Fort Van- couver, concerts at Esther Short Park and the Clark County Fair, these cans have helped us collect and divert almost 900 lbs of cans and bot- tles from the garbage thiS year. Recovering cans and bottles for recychng helps keep the precIous resources that made the contamers m the manu- factunng loop, .savmg energy, reducmg pollutIOn and savmg landfill space For more mformatlOn on School Recycling contact Gmger May at 360 695 4858 or Pete DuBOIS at 360.397 6118 ext. 4961. \tJl.NCOUVEf~ OISTINUUISHfD BRAG MEMBERS Columbia Machine, Inc. Columbia Resource Co. First Independent Bank Frito Lay, Vancouver Plant Gen Tech Dentist Hewlett-Packard Matsushita Kotobuki Electronics Industries of America, Inc. Nature's Marketplace North Shore Coffee Co. Pac Paper Inc. Ronen Chiropractic VANCOUVER GONTii'JUED' Evergreen School Dist. #114 - Transportation Shop Farmers Ins. Group Kyocera Industrial Ceramics Corp. Vancouver Micropump, Inc. Quantum Residential Vancouver Business Journal Western Nugget Transport Inc. CLAm, COUNTy DISTINGUISHED BRAG MEMBERS East Ridge Business Park Furuno USA Inc S & W Manufacturing, Inc. Waste Connections Inc VANCOUVER BRAG MEMBERS BizTek Enterprises Inc. C-Tran Environmental Technology Consultants CLARK COUNTY BRAG MEMBERS Rex PlastiCS Lmear Products, Inc., a H 8. Fuller Co. Neighborho-od Recycling Champions brush up On their recycling skills and earn cash for their neighborhood associations .' "~" OJ",;"":; -, ;: '1" , ,,:.~'~l'. ,~;" J:::~< t;"I~~d'4r" , )"~'t ~ Ji' (\.J( '~W", ""'~'~' .,", :',;;;",' r ,1' " ~-,' i6I (<So 61 f'Fih. ,,' ,'^ . I ,l, )h~ >~ ~" < . \ _'> ,,-\.g~ '~. -. I ~ U ~,..;\: ~'1>.,y'~l1 f :1:iri~;~~~[f :'S3~~~D265Lnl;: ~,;<},."' ",f~"'"^"~, J1~'f '~~" ~ ~-jJ"" '.l:'.IP' ,'v04,;~j~ Forty-three neighborhoods participated m the Recychng-est Neighbor- hood PlOgram this year and most WIll be recognIzed wIth a cash award at the annual CIty of Vancouver NeIghborhood Resource FaIr To partICIpate, each neIghborhood aSSOCIatIOn sent a Recychng ChampIOn to one of four trammg seSSIOns that lasted from I 5 to 2 hours Two of the sessIOns mcluded a tour of West Van Matenals Recovery Center (pIctured above) After the trammg, mdl- vlduals wrote or used a pre-wntten recychng mformatlOn article for their own neighborhood newsletter If your City neIghborhood associatIOn IS mterested m being 1l1volved m the Recyclmg-est Neighborhood ProgIam next year, let your neighborhood chair know that you'd hke to participate and make sure you register next spnng WIth Elsie Deatherage, City of Vancouver Sohd Waste, 360.735.8842. ()3 ey-' , ',On ApnqO, 2002, the City of Vancouver, Washmgton State Depart- men6~{ Tian~p'oi{a~bJ;1and Waste ConnectIOns teamed up With Oregon's SOL\, program;tb 'pkk;up lItter along 6 miles of Highway 14 In just four hou;s~ 4'('i voi~~t~brs c~iiected over 880 pounds of litter that was thrown out or blew:out' ofSomeone' s, vehicle. ,Y,ou::~~ri h,~ip:t,j , ~ :"Make 'silie'if,you are hauhng anything m an open vehIcle that your load . ';,: :is':coverediWith a tarP or net. ',~ ~"Tf~~;l,<c:'~p'''c::nmpnnp littpnna frnm thplr \/phu'l". rprnrn thp hmp iI~v In_ tJ1,t4 S RS Coming soon to a middle school near you last year, 530 students from 18 middle school sCience classes m the Evergreen School Dlstnct completed the Earth SAVER curnculum The Vancouver School Dlstnct particIpated With 390 students from 13 class- rooms . Each class had the opportumty to talk with local professionals m the garbage/recyclmg, water and energy fields learnmg about how resources arrive at their schools, and where they go when they leave . Then students examined the schools' utility bills and created spread- sheets to help track the utlhty use and expense. . Classes were then dIVIded mto three groups to perform utility audits One of the thmgs the Water Wizards noted was the locatIOn of storm drams and whether they dramed directly to a stream or the sewer The Enerev Emissaries counted hght fixtures and any energy usmg deVice m the school such as computers and vendmg machmes Waste Warri- lli had a rare OppOrtuOlty to do some dumpster dlvmg - they sorted and ' recorded by category one full day's worth of garbage (yes, even the cafetena garbage) . Interviews proVIded the students the OppOrtuOlty to question the staff about resource use with probmg questIOns hke, "How much of the schools' office paper has recycled content?" . A final presentation was developed by each group to summanze what they learned and to offer recommendatIOns for conservmg resources . Then the entire class developed an action plan that the school could use to Implement some of the recommendatIOns Many surpnsmg statIstics were uncovered. <#" Each school dIsposes of <r Average utIhty costs per school approximately 20,000 recy- exceed $120,000 per year. clable plastic beverage bot- tles a year. <r Each school disposes of approxI- , <r Each school uses I rnllhon mately 1,185 cubiC yards of trash gallons of water a year. per year. The goal of thiS project IS to enhghten the students, teachers and school distncts about resource use and , abuse. Startmg with the new 2002/2003 school year, more Earth SA VER programs Will start m the schools~: and more students Will learn how wIse resource llse today can Improve theIr future. The Clark CountyNancouver Busmess ASSistance program recog- Olzes businesses that make recycling, waste reduction and purchasing recycled content products part of their regular business practices. These businesses are ehgible to become members of the Business Recycling Awards Group (BRAG). The following busmesses have achieved the nght to BRAG about ~ ----g ~- - --g---------- ---0-----+----- ,/---:0.--',/--------0---------------- know that you'd like to participate and make sure you register next spnng with Elsie Deatherage, City of Vancouver Solid Waste, 360.735.8842. C~ .. '.,.P' ., '. ... ... ....... ....... ........... .. . ...... ... .... . l- tt e V t-t-l,,~ It-t:.s ; I1IUIl;; .L.c1UU ..:Jrt V.L.1.\.. VIU!:)Ic111Ii) Will j)Lc1U 111 LUl;; i)\".UUUli) and more students will leam how wise resource use today can Improve their future. IDIJ ~~ng ig' ~ hts ~, - ..~t:Gl1.ApriI29,:.2002, the City of Vancouver, Washmgton State Depart- ment'.~<Jr~sport~~q~ imd Waste Connections teamed up with ?regon's : SO~X'i:!rogr~ft!>' piC~~p htter along 6 miles of Highway 14 In Just four: hours" 46 volunteers collected over 880 pounds of litter that was thrown out : .or.ble~6u't'ofs~meone's.vehlcle . 'Yo;;: ~~ri h~I~:' :' "~!';Make s~r::;-'ifyou are'haulmg anythmg m an open velucle that your load ; :\; c':. js~~qy~~ed With a tari> or net ; : . :>;. Ifyoujee' someone littenng from their vehicle, record the time, day, 10- ; 't catio~, cross street or rmle post, direction the vehicle was traveling, h- : cense; plate" humber; model and color of car, and what was thrown from : !h~ ~eh~cle. Th-~p..!:l,l~q:~6~.~I:I:TERl . .. . ........ The Clark CountyNancouver Business Assistance program recog- nizes businesses that make recycling, waste reduction and purchasing recycled content products part of their regular business practices. These businesses are eligible to become members of the Business Recycling Awards Group (BRAG). The follOWIng bUSInesses have achieved the right to BRAG about their accomplishments. They recogrnze that conserving resources is good for busIDess and for our community. To find out more about BRAG and how your company can become a member, call Clark County Solid Waste at 360.397.6118, ext. 4493 or Clark County Business Environmental Assis- tance at the Greater Vancouver Chamber of Commerce @ 360.694.2588. SchooDs and Special Events "get" Recycliul!;J Thanks to the efforts of Solid Waste Analyst Elsie Deatherage With the City of Vancouver, and Waste Reduction Speclahst Pete DuBOIS With Clark County, grants were obtained to buy recychng containers. _ Clark County schools have long recycled paper thanks to the hard work- ing custodians, students and teachers who collect the material. Now schools wIll have help setting up plastic bottle and alummum can recyclmg. Pete DuBois, With the help of Recycling Educator Gmger May (Waste Connections), is work- mg With Clark County schools to Implement bottle and can recycling by provld- mg recycling cans and techmcal assistance. These big blue recycle cans have also been showing up at Special Events around Clark County. Between the 4th of July CelebratIOn at Fort Van- couver, concerts at Esther Short Park and the Clark County Fair, these cans have helped us collect and divert almost 900 lbs of cans and bot- tles from the garbage this year. Recovenng cans and bottles for recychng helps keep the precIous resources that made the contamers in the manu- facturing loop. saVIng energy, reducmg pollution and savmg landfill space. For more mformatlOn on School Recychng contact Gmger May at 360.695.4858 or Pete DuBOIS at 360.397.6118 ext 4961 VANCOUVEr< DISTINGUlbHED SHAG MEMBEHS Columbia Machine, Inc. Columbia Resource Co. First Independent Bank Frito Lay, Vancouver Plant GenTech Dentist Hewlett-Packard Matsushita Kotobuki Electronics Industries of America, Inc. Nature's Marketplace North Shore Coffee Co. Pac Paper Inc Ronen Chiropractic VANCOUVER CON rlNUED Evergreen School Dist. #114 - Transportation Shop Farmers Ins. Group Kyocera Industrial Ceramics Corp. Vancouver Micropump, Inc. Quantum Residential Vancouver Business Journal Western Nugget Transport Inc. CLARK COUNTY DISTINGUISHED BRAG MEMBERS, East Ridge Business Park Furuno USA Inc. S & W Manufacturing, Inc Waste Connections Inc VANCOUVER BRAG MEMBERS BizTek Enterprises Inc. C-Tran Environmental Technology Consultants CLAHK COUNTY BRAG MEMBERS Rex Plastics Linear Products, Inc , a H.B. Fuller Co i:iag~ ,> '. " , ,,,,',,,' R' ~', , '~" l ,"' '-. : 'I' '~'~;{f," r~~';~~I~,{1,~,:;':~':;::!!;~t': " 'e"", 'lit", '~': ,,:;;,~<,f~"), --,,',;',' :~,~ ;~;'Y",:;*>',:~''YiJ.j\ " 4 ','; ,,; ", ,~e~C~ING ",tiA,i,l~<I,;~~"JO,rt+lS< i':~c',':,:>: ~';~, ':: ' ~':,~~\,<::,:~:<.:~i " " ,~, 0' ~. " "'/.~7i")f;,,,'Iit~t;;,;"ii~~!Fi(.'S!:.'!i$":'ti,~',",,' , ..," ~ \,~,^ '" I ," \. , ,!, """ (if. ~.1i' !!\/I :il'{l'j''' " , , J' .. ,~ ",,/1 11,," ";);"0 "~' DO nnse, flatten or crush Check the neck' Only recycle plastic bottles with necks smaller than their bases DON'T Include other plasllcs, such as plastic bags, tubs, plastic wrap or bottle lids Please NO motor 011 bottles or bottles that contained tOXICS It they are empty, put the lid on the bottles and put them 10 the trash TIN CANS DO nnse cans, remove labels and recycle labels With mixed paper If labels are paper Place lid inSide can and flatten open end of can DON'T Include aerosol spray cans (they can go to an HHW facility for recycling) or empty pamt cans (Empty paint cans can be put In the trash) ALUMINUM DO nnse aluminum cans, pie plates, food contamers and fOil Remove labels ,,,0;', ,0;',;,; ~J ..."./ ... "'~~... ,jj t ~., ~ " ~ & ",I'''' ' , ~~!Jf,.~ ,Ii" I J, DON'T flatten cans or mclude cans used for pamt or chemicals Please NO fOil With food on It GLASS BOTTLES AND JARS DO RINSE Remove lids and recycle them With tin cans If the lids are metal Paper labels are OK DON'T mclude dnnkmg glasses or Window glass, light bulbs, mirrors or ceramics NO broken glass of any kmd , '.' ,',~ MILK CARTONS AND DRINK BOXES ~~'""~ :~~ DO nnse and flatten Even though cartons are mostly paper, they go In the bm With ~11 ~ i~:~' other containers ~' 1,0 . '*i;Jl:' DON'T Include straws W~1f )~~]E~[J:f: '[pJAlJ2) IE l~"~',~ "~i MIXED PAPER ~' '~ ~~ 'I' .. ,~,:"-~,, !ill "_~ '''''C ~.,;~ " t '. ~~ ~ ifii _, -J~ DO leave loose - Junk mall (envelope wmdows are OK), magazines, phone books, paper bags, cereal and gift boxes, brochures, note paper, paperback books & other clean paper DON'T mclude tissues, paper towels, napkins, paper plates or disposable diapers NO foil wrappmg paper, photographs, plasllc bags or waxed paper liners, as found In cereal boxes NO frozen food or JUice concentrate containers NO pet food bags CORRUGATED CARDBOARD DO flatten boxes Cut down to 3 teet x 3 teet Be sure they have a wavy Inner layer Secure under or next to binS or roller carts so cardboard doesn't blow away DON'T Include waxed cardboard or food contaminated cardboard NO pizza boxes (Please recycle gift boxes and shoe boxes With mixed paper) MOTOR OIL {Some mulllfamily complexes prohibit dO-It-yourself 011 changes - check With your manager) DO place 10 a one gallon milk Jug With a tight fittmg lid DON'T mix motor 011 With ill!:i other matenal (no water, antifreeze, brake flUid, solvents ) SCRAP METAL (ThiS service may not be available at your mullilamily complex - check With your manager) DO remove and discard any attached plastiC, wood or rubber Contam loose nuts and bolts In a tm can DON'T set out any pieces larger than 24 Inches In any direction or heaVier than 35 SEPARATE your CONTAINERS from your MIXED PAPER and your NEWSPAPER Place those matenals In thelf respective SinO Ie tamllv bins or mulllfamllv roller carts STACK your sino Ie famllv bIOS as indicated below I With CONTAINERS on IQf, , ~ MIXED PAPER In the MIDDLE, & NEWSPAPER on the!iQllQM . SET OUT your smole famllv bIOS by 6 30 a m on the morning at collection 'same day L . _ . _ . ,:s !r,::h P'~ up .!:L~.2E. p~c: n~ ~o~ ~a~5 !e:!, fr?~~u~u~b:.. . _ . _ . _ . _ . _ Recycling Plastics Why you can recycle some plastics, but not all plastics In Clark County, we have an "All Plastic Bot- tles" recycling program, whIch means you can recy- cle all plastic bottles re- gardless of color or number. The only exceptIOn to thiS r'l11t:lo 1(" ,f' ",....111"' 1-,.l"'\tt1o. ............,,0. COMING SOONulIWINTER WEATHER ICY-SNOWY WEATHER: * If service IS delayed by one day, recy- cling and garbage service Will pick up one day late for the rest of the week * If service IS delayed two or more days, recycling and garbage Will be picked up the followmg week on your regular schedule. In thiS case, there is no extra charge for tWICt; as much recyclil!g.~nd garbage.' WINDY-WET WEATHER: Please stack your bms as mdlcated above With CONTAINERS on top, MIXED PAPER m the mid- dle and NEWSPAPER on the bottom. ThiS pro- tects your recyclable paper from wmd and wa- ter Please place your shredded paper m a paper bag, mSlde your tan MIXED PAPER bm, ThiS Will keep the paper from blowmg around when the bm IS emptied If vou know the weather IS !1OInI! to he hac!. ~et V~~_.' _. ~~p~~p !L~~E.p!:.~~n~~o~t~a~5~e~fr?~~U~~b_. _' _' _. _. _ .........n.....-..-.. __a COMING SOON.a.WINTER WEATHER , Recycling Plastics Why ~ou can recycle some plastics, but not all plastics In Clark County, we have an "All Plastic Bot- tles" recycling program, which means you can recy- cle all plastic bottles re- gardless of color or number. The only exceptIon to this rule IS If your bottle once held a tOXIC substance such as motor oil, pesti- CIdes, etc. We don't recycle marganne tubs, yogurt cups, clear plastIc muffin containers or any of those other plastIc contamers that are not bottles, even though they have the recycle symbol on them with a number on the mSlde that matches the number on a recyclable bottle. PlastIc bottles are made in a blow molding process and the resin for the bottle (regardless of recycle symbol and number) is thIck and tacky. Most other contamers are made m an mjectlOn or thermal moldmg process and the resin for those con tamers (regardless of recycle symbol and number) IS generally thm and runny Because of this dIfference m consIstency of resin, the two types of plastIcs (regardless of recycle symbol and number) cannot be recycled together Currently'there are good markets for the plastIC bottle resms and very few or far away markets for the other resms So, all plastIc bottles are taken at your curb or at your apartment recy- chng depots and at the transfer statIOns for recy- clIng WINDY-WET WEATHER: Please stack your bms as mdlcated above With CONTAINERS on lOp, MIXED PAPER m the mid- dle and NEWSPAPER on the bottom ThiS pro- tects your recyclable paper from wmd and wa- ter Please place your shredded paper m a paper bag, mSlde your tan MIXED PAPER bm ThiS Will keep the paper from blowmg around when the bm IS emplied. If you know Ihe weather IS gomg to be bad, sel out your recyclables and trash by 6'30 am the day of collectIOn. For recvclmf! only you may skip the wmdy days, there'ls no penalty for settmg out extra the next week For trash, use a bungee cord to hold the lid on Waste Management customers can rent a 32- gallon roll cart With a hmged lid for an addl- lional $1 37 per month Tie your trash bags closed and place them m your can ICY-SNOWY WEATHER: * If service IS delayed by one day, recy- cling and garbage service Will pick up one day late for the rest of the week. * If service IS delayed two or more days, recyclmg and garbage Will be picked up the followmg week on your regular schedule. In thiS case, there IS no extra charge for tWice as much recycling and garbage" ""() ~ ~~ Don't let scavengers ll'd.ess up VOUI' ll.'II.eighbollt'hood Stealing from your recycle bm may lead to other cnmes such as Identity or material theft To help discourage late night scaveng- mg, set your recyclables out' by 6:30 am the morning of collection. The scavengers are probably looking for aluminum cans thlJt they can take across the river tO'cash mfol- the de- posit. While clUshmg your"cans may make them imposSible to return for a deposit, those crushed cans may also fall through the sorting screens at the transfer station and be tossed' as trash. Please don't completely crush your cans. I f you see someone stealing aIUlTIl- num cans from your recycle bin, call 911 with the location, physical de- scnption of the scavenger and license plate number if possible. If the scavenger has come and gone, report the activity to the Clark County Solid Waste Division, 360.397.6118 x. 4352. If you live in the City of Vancouver, call the City of Vancou- ver Solid Waste Division, 360.696.8186. . ..,~ .-~~ /"tJ""{'L;MP"l~~''''> ,,~, 'F ~ ,_ ., ," H H' """"""'.~','/~,W'/"(',_"~,",, , , , ,,' D' '. , '", '~\' "" ' "~{:r!iA ,,' r::AGE 'C, "", '.. ,,". :-" ,,9USEtlOLD , ,~~AR~l~~'~~f",,",~,~<S]t;,~.. " .,"".', ''':' ,,',,' <, :S'C,' Did you know that Chrysler, General Motors, Volvo, and Mercedes-Benz all endorse the use of re-refined motol Oil, certified by the Amencan Petroleum Institute (API)? It's true' Clark County, the Vancouver School Dlstnct, Northwest Natlllal Gas, C-Twn, and Waste Man- agement all use re-refined motor Oil m their vehi- cles Usmg re-refined motor oil conserves 011 le- sources and reduces our dependency on fOlelgn Oil You may purchase re-refined motor oil, or have your vehicle's oil changed with re-refined motor oil at either of these two locations. Larkin's Garage 1708 ,Washmgton St, Van- couver 360.693.4881 :> Zinda and Sons 9014 St Johns Blvd., Van- couver 360.573.1622 If you change your own motor Oil you may recycle It at your curb with your other recyclables, as well as at the Household Hazardous Waste facilities listed on the nght. When you set your 011 out for recycling, It must be 111 a one gallon plastic milk iuS! with a screw top lid These Jugs fit 111 a special grId on the Side of the recycle truck and allow the drIver to visually check for contam111atlOn. Do not mix any other liqUid with your motor oil, no anti- freeze, no brake flUid, no water When other liquids are mixed with Oil, the oil becomes a non-recvclable hazardous waste The Household Hazardous Waste facilitIes at the transfer stations Will take all automotIve flUids and oil fil- ters FREE of charge. Oil is accepted 111 quantities of 5 gallons or less, per VISIt. Look for other motor 011 recycling locatIOns 111 the Recycling Directory. Call the Chirk Coun~y Solid Waste Program for yoUr free copy of the Directory @ 360.397.6118 ext.4352 Changing your oil is good for your car , Using're~r~fined oil Js good for the earth Eligible* S~~ior and Disabled Residents , ,()f ,cl~rk Cou,.ty can get help with . Household Hazardous Waste *".,...."'i>' \'~ . '.: You can now have your Household Hazardous Waste ~, ' picked up nght from your home! -" -., _,_Lltt~.xJ.oiJJ!aJi,~.d--Raj!!t.""",,"~P~o,oJ.fJ1!!J!!i!=.l!ts,_ ~,_ ",...:,.;t.",~ ' Pes~h;jc:les",_. Beware of T6X!C Trash It may be difficult to aVOid accumulatmg some household hazard- ous wastes such as used motor Oil, old pamt, pamt thmners, pestiCides, etc But these Items lliL!!!!! belong m trash cans, down your dram, m storm drams or m the ground If your unwanted cherrucals say "danger, cautIOn, warlllng , pOIson, jlammable or combustIble ", take them to a Household Hazardous Waste faCility at the transfer stations m Clark County, or to Philip Services m Washougal (See below for times and locatIOns) Try some alternatives to household hazardous wastes Use vmegar and bakmg soda as a c1eanmg solutlOn, compost as a fertilizer (see page 2), and soapy water as a pestiCide For more mfollnatlOn on alternatives, call the Clark County Solid Waste Program, 360.397.6118 ex!. 4352 If you can't aVOid accumulatmg household hazardous wastes, you can reduce the nsk of exposure to yourself, your pets and the environment by usmg the chemicals as mtended, glvmg them to someone who can use them up, or properly dlsposmg of them at a Household Hazardous Waste Facility* You can take up to 25 gallons of waste per VISIt' (5 gallons' of motor 011 maximum) FREE of charge on deSignated days Transjer statIOns will charge a handlmg fee for drop off of household hazardous waste on non-deSignated days ' CENTRAL CLARK COUNTY Central Transfer & Recycling - 360.256.8482 11034 NE 117th Ave., Vancouver ' *FREE Household Hazardous Waste Drop-off Sat & Sun, 8am to 4pm ONLY See page 1 for regular hours WEST CLARK COUNTY West Vancouver Materials Recovery Center - 360:737.1727 6601 NW Old Lower River Road, Vancouver *FREE Household Hazardous Waste Drop-off Fri & Sat, 8am to 4pm ONLY See page 1 for regular hours EAST CLARK COUNTY Phillip Services - 360.835.8594 625 S 32nd St, Washougal *FREE Household Hazardous Waste Drop-off First Tuesday of the month, 10:30am to 3pm ONLY ~>o_ ~erosols Batteries Garden Chemicals Cleaners - Aut9f!1~tive .Fluids Hobby Chemicals Call 1.800.449.7587 for FREE pick up * To be ehglble, residents must certify that they are a disabled cll1zenlsemor cll1zen (a semor cll1zen IS anyone over the age of 65) and that they cannot dove to the Household Hazardous Waste CollectIOn faclhl1es or satelhte collectIOn events nor do they have any other way to dispose of their hazardous waste Don't get stuck with "s , "Sharps" mclude hypodermic needles, synn t\ tached, scalpel blades, etc. They should never be thro cause they can hurt the people handlm~~1f tr. For safe disposal of sharps: ' d1;\ qr Return to a 1?artlclOatmg pharmacy: COi:itA @ 360.397.6118 ext. 435i for 'a brochure listed qr Contact your physIcian. They may accept yo sharps for disposal. Persistent, Hioaccummulative 'l'oxins PBTs are pOIsonous chemicals or pollutants found in clean- ers, solvents, yard and garden supplements, pesticides, and other household products. When released into. the.._ environ- ment, PBTs accumulate in animals and pe6pfe-;<becommg more concentrated as they move up the food chain, causmg harm to people and the environment. AVOId use of products containmg PBTs when possible. I they must be used, look for the following chemical names on product labels to Identify which ones contain PBTs, then diS- pose of them at a Household Hazardous Waste faCility listed above Aldnn - Benso(a)pyrene - DDT DDD - DDE - Dieldrin - DlOxms - Fu- rans Hexachlorobenzene - Mercury - PCBs - Toxaphene Call the Clark County Sohd Waste DIVISIOn at 360.397.6118 ext. 4352 for more mformal1on on how you can protect yourself and Clark County by recyclmg or safely dlsposmg of hazardous wastes Don't DUMP your responsibility on someone else Computers are wonderful when they are working ..when they become outdated, they may become a toxic burden. It's esti- mated that 300 million computers will be obsolete in the next couple of years. Almost every umt contains lead, cadmIUm and mer- cury, three of the EPA's top 25 most hazardous substances known to humans. It seems like everyone has a computer or two (or three) m their closet or office that is no longer bemg used Unfortunately, the longer you hold on to it, the less likely It Will be reused as technology advances so rapidly Some thrift stores and many non-profit orgamzatlOns welcome usable eqUipment, but If your computer IS no longer functional, please don't burden these agencies With your tOXIC scrap Instead, look for other reuse or recy- cling optIOns Please call the Clark County Solid Waste DIVISIOn for updated mformatlon and a FREE copy of the Recyclmg Directory @ 360.397.6118 ext. 4352 which lists compames that will reuse or recycle your old computer ----~----~---..------~~---------~------ --~-------- -------~ --~.~ --- Overwhelmed by-JUAkMilll? Credit Cars! Offers ~; ~ ..,c..~-...----::--- If your credit IS good, many compames provide .' "\ ;:"~>J your name, address and credit history to credit .-' - . ~ _ ~O D ) credit card and msurance offers, call :0 1.888.5.0PTOUT When given the options, press ! A ~ 'i':\ ~/) 1 to have your name removed from the list for two V, \j \'1 '\ years, and press 3 to have your name removed per- Itwnk /t(aif manently F _ lL-._-_,_ <::::~ Cata!Qg~.,Jlt:g.adQ(,!~t Ad\[~li~~m~..nlli The Direct Marketmg ASSOCiatIOn mamtams a huge maIlmg lIst to which bus messes and other orgamza- tlOns subscribe. To dramatically reduce your Junk mall, send a post card with all variatIOns of your name to the address below, and ask to be removed from the maIlmg list Direct Marketing Association Mail Preference Service PO Box 9008 Farmingdale, NY 11735 LI~tBrokllrs Government records, phone books, membership rosters and other sources are used by compames to compIle maIlmg lIsts The followmg IS a lIst of major data compilers - you may call them to have your name removed from their maIlmg lists W Acxiom 1.887.774.2094 W Donnelley Marketing 1.888.633.4402 W Equlfax 1.800 873 7655 W Expenan Consumer Services 1800.407.1088 W Trans Union 1 888.567 8688 " ;;\ (~,/, "^A,!",j,..t}< '" ~~:::< ~<<.-<~ >-~> -> / ;'(':"" x:, "oli'day 'Carel Rejuvenation. cA' JkJ... ~ '" :, , '<::".:,~~any holiday' cardsSare .not recyclable be- < V,/ -.?t/::/f?;J/' . i} ,~<'", '.- catise;,ofothe shmy fOIl 'decoratIOns;. biIt'almost all "~"~''';-.M'fYx''>. ^'Y~~ ^,' 11Q" ", f e reusable through ,a, program that , Ildren St. Jude's Ranch' for Chil- . ilre~ . . ;,~Utt.w& and glumgol~ cards to mak,e , rds 'ph;"th;~y',then st<V to help raise funds ff II ", '" s and"other projects Tliev an time of the ear. " 'Ut off imd1 recycle any perso'nal nd:ih~'rest'6ttb.e,card to. . , ,.' , ~i < ~:~~ , !ir~> ^ :S~. Jude;scJilinclUor Children ~ ~^" < -.. < "" t t' "~":::\;, J O~ 'Spuae, ~tj-~et" ~~ '1,".. o,~, ~<'t"!.. B9~ld~J: .€itY:\~;Vt8!~9,OkO l OQ :' C . ,,",ii' tVi,'Phoriel'''t:SOO.492:3562 ";", Send those peanuts packing! Styrofoam" peanuts, popcorn, ghosl poo , call 'em what you Will, they can sure pile up Send those peanuls back for reuse by callIng a commercial mall service center near you such as Mall Boxes Etc or The Leller Box U:~s time to recyde :your old phone book: Brus!hJ ~p on Recyc;~ed flairilt. r~\i:i'}"j;"::-i-=~'&~ I The best way to keep your phlone book dry and recy- 1~.q~ (t ';, c able IS to take It to a phone book col ectlOn box m your near- ,#;,'f ,.",,,"''''''''''', \ est Clark County Fred Meyer Parkmg lot. SpeCial phone book \\!I h i,_;:;' ~'( I dropboxes wIll also be available at the West Van and Central IIll\ o! ;-"""~~::. ~:J\ Transfer StatIOns (see Recyclmg Contacts on page I for the \1'\ oi ~-',,,--o;;;::.;--- I: transfer statIOn locatIOns and hours of operatIOn) Recycle \: \. ';;:;::,i:::::.. I I phone books at these locatIOns from mid-December through ~'- -"'''~~''';":i' February --~"~~:-_-----_.- . ---1 'LREE Recycling Directory - Call Clark County Solid Waste Program for your free copy 360.397.6118 ext. 4352 _~ Will help !OU fl:~~:es ~~~ your reusabl~ and ~~rd to r~cy~~.~_~~___ When you use recycled pamt, you are creatIng a market for a material that otherwise would be disposed of and you are usmg a high qual- Ity, low cost product that IS good for the environment. , .. When you take latex pamt m to a Household Hazardous rl:'10' Waste faCility, It may be recycled mto new pamt by Portland I' Metro. Their mdoor/outdoor pamt IS sold m 5 gallon quantIties, 'jl ' II and mixed m 300 gallon batches to ensure consistent color '"""----.. If you represent a non-profit orgamzatlOn, contact Jim Mansfield, Clark County Solid Waste at 360.397.6118 ext 4016 to see If you qualify for FREE pamt Call Portland METRO for a brochure and mformatlOn about colors, prices and sales locatIOns @ 503.234.3000 premier REUSE FAIR or One Man's Trash... A waste reduction success On a sunny Saturday m September 2002, a Reuse Fair was held at Vancou- ver City Hall. The City of Vancouver Solid Waste Program researched and organ- Ized this event, based on a successful program run in Kmg County. Residents were encouraged to drop offreusable Items mcludmg sports equipment, books and furni- ture, and were also encouraged to dig through the goodies left by other particI- pants All Items were available to any person who could use them and you didn't have to bnng anything for drop-off to pick through the pile. ElSie Deatherage from the City of Vancouver said that the amount of mate- rial dropped off would have filled at least two 40-yard dumpsters (the BIG boxes you see at construction Sites), but at the end of the event, they had only 320 pounds of material to dispose of. Everyone was pleased with the success of the event and . there are tentative plans to schedule another Reuse Fair for Spnng 2003 - Just in time for spnng cleaning. 1'< :'~":~~J ;,~ , '. ;): ., ' /~ ~. ~ If you have usable items such a s clothes, appliances and furniture that no longer fit III your house, sell them at a ga- rage sale or to a consignment shop, give them to a friend, donate them to a non-profit or- ganization...just don't throw them in the trash. Making items available for reuse helps reduce waste going to the landfill and may help out someone in need. Clark County Solid Waste Program has just printed a new Recycling Directory WhlCh provides you with a list of organizations and businesses that specialize in reuse, repalr and recycling. For a FREE copy of the directory, call Clark County Environmental Services at 360.397.6118 ext. 4352. ;y It may be unfair to put everyone In the same basket, but Americans as a whole are hUf!e consumers. Some say that with our consumptIOn comes Industry and prospenty. However, If everyone on earth consumed food and material goods at the same rate as Amencans, we would need four earths worth of natural resources to sustaIn that consumptIOn You can personally reduce your dependence on limited natural resources such as OIl, clean water and mmerals by conSidering the hierar- chy of Reduce - Reuse - Recycle Reducinf! what you buy and reus/nf! what you have Will ultimately save more natural resources, create less pollution and consume less energy than recyclIng alone. Here are some tIps for REDUCING and REUSING' REDUCE :l BUY IN BULK - Reduce the packaging you throwaway or REUSE:l recycle. :l BUY LESS STUFF - If you can buy less stuff you Will benefit by enJoYIng a cleaner environment and redUCIng your expenses DURABLE GOODS - Use durable cups, dishes, Silverware and cloth napkInS rather than disposable paper and plastIc goods, :l HOUSEHOLD ITEMS - Check secondhand and consignment stores for Items you need lIke furniture or kitchen applIances, ,+ - - _.- -.- - - - - - - - - - - ;M,.....,~ Z~__ --------------~----. FREE Recycling I Environmerd:al Conservation Information TOUR A TRANSFER STATION Ever wonder what happens to the recyclables and trash once they leave your curb? Do the recyclables really get recycled? Come see for yourself' Tours of \the West Van Matenals Recovery Center and Transfer StatIOn are offered by ap- pOll1tment to mdlvlduals and groups 3rd grade and older Come see the fascinatmg story of solid waste and recycling as It literally unfolds before your eyes Waste ReductlOn and Recyclmg presentatIOns are also available to schools and organized groups To schedule a tour or presentation, contact the Recycling - Educator or Coordmator at Waste COlmectlOns @ 360.695.4858 The following are comments overheard from students who have taken the transfer station tour or have had a classroom presentation: ff(fjlaJ' j!, I \\\~t:\ I>'CO 'WOWI' 'fk!IZl11ll' \'\~~~ ~~. 'Of '/ . J ,f ~~'JJ ENVIRONMENTAL INFORMATION COOPERATIVE \/'\ ~ ,~~ The Environmental InformatlOn Cooperative (EIC) offers teachers and the public access to a vanety of commumty environmental resources. ThiS partnership of local agencies proVides contact mfonnatlOn, teachmg kits, speakers, a I1st of field tnps and books, curncula and videos, all on loan through Washmgton State Umverslty (WSU) at the WSU/Vancouver I1brary. The EIC IS a cooperative effort of the City of Vancouver, Clark County, Clark Public Utilities, Southwest Clean Air Agency, WSU Cooperative ExtenslOn and WSU Vancouver For more mfor- mati on, call Tim Lichen at 360.546.9509 or send an emml to 11- chen@vancouver.wsu.edu ., -----_._-_._-----~--- WHAT: One drawing on an 8.5 x 11" page, turned ---7~ _ sideways (Iandscape*). The tOpiC should be ~^.:,/:t' Waste Reduction, Recycling, Composting, .'~ Litter Control or Household Hazardous Waste. * Landscape means to turn your page sideways before you color WHERE: Send your entry, name of the school you at- tend, name, address, phone number and age to: City of Vancouver Solid Waste Services Recycling Contest PO Box 1995 Vancouver, WA 98668-1995 PRIZES: Judges will pick two winners from each age group. iI First Prize: Waste-free lunch kit with dura- ble bag and reusable containers. Second Prize: School supplies made from re- cycled materials, like paper, pencils and fold- ers. RULES: * Only one entry per person * Contest deadline: November 30. 2002 ~ * Familv members of employees of Waste Help the -recycle truck dnver find the household recydables In this word search puzzle Look forwa-rds, backwards, diagonally- and up and down for these words Oil aluminum can cardboard tin Glass - newspaper plastic paper ~, > , , \.' ~<'"' ,~ }; ~I ' " , .: Q~. X "p A p: ',,:,1;:; I: R " l::"~'" , ,N pu '''0 "M ':"F U iy , ~H z E , , , h t ,. .,' L I Ic"B,,;, I:~' T ',,,0" T Q" ,::V T W , ,. " " " / ,,' ~~" ~ , , A L U" , M, I N :,0" nil s " " , , , <6' " s ~z K X N 'Nj , ,S ,p \ : , , , " , , i ~A. :;: T " T. I, 'R E ;P: :A C " ' , ' - " ~'i( ,^ , " , I;. ", E' Do, : K R 'L " ,S W P , . , 't <, " ,', - '" ~-4"~ ~,V.,t. N"[' L':, A: E C A G M B , " " " \0, ,- i:: '> r : " , ~ , ~ ~ ", " " , ,':: , " , ':'T 1 ':X . ,,',B'" e~: V U 0 x"'.' L, R '".; ':, , ,,^, - I,~" ' , D R 0~'t r'MhW B D R A C <<"A:: ,,40 +----,,---,-----,------- ----------,-......... Complete these sentences Read this newsletter and find the words that finish the fol- lOWing sentences. 1. Recycle only plastic _ _ _ _ _ _ _ in Clark County. 2. _ _ _ _ _ _ _ _ _ _ worms are the kind that love to eat your food scraps 3. Pesticides, paints and cleaners are all_________ _________ Wastes. 4 You can buy _ _ _ _ _ _ _ _ paint from Portland Metro. +--_____~nswe~s..2!.'!wa9~__ ~'''' . J/ ~ AGE GROUP: l"onnecTlons J.nc., vvaSTe Iv\unug~rr\l:::n I, City of Vancouver Solid Waste Services, and Clark County Solid Waste Program are not eligible to enter this contest. 04 & under 08-to 011-13 05-7 AT[ENT:f.9JY._fARt"NTS! If you would likE' 'rour' child's poster' i 0 be conslder'ed for' I11c1USlCn In a Ul!c.n~ dar' N plea:;;e sign the back 0 f the poster' Your signa- ture constitutes permissIOn for' us io potentially In~ elude tho t poster' 111 0 calendm' If your' child's pas tel" oppear's, It wdlmclude: your' child's nome, oge, orld which school they atiend , - - - - - - - - - - - - - - - - - - - - - - - - - . ~ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - . i You can do your part to keep the earth clean, green and happyl Take the Recycle Pledge; read It aloud to a parent or friend...slgn it...display It on your wall as your commitment to waste reduction and recycling. =~,-:-: ~'T=, L:.C; "f :~, . T::T--J, "',1__: I - 1 -::1' ,-1::,~. 'X . c_ I' , , . " i i I' 1-) 1'1 ~l r.J I,'i cl Ii '1 J ~V\lOM1-.. ~ ,~ ~' /( W"@<;" ~ To THE EARTH I will help keep the earth clean, green and happyl MY PLEDGE I' I, , do hereby prom- :: lse to do my part to the best of my abilities l! r, to love and respect the earth. I will: ~ Reduce waste '1> Reuse what I can <& Recycle all I can ~ Repair what I can '1> Refuse to litter <& AVOid excess packaging ~ Talk to others about recycling , I I" i, I" !-1 I I (,. I, I~ I~; --=-.'::1., 1 ::."c~,r--,-...:.l::::l: '::'CL.::::'L;::'r:.:.C''',' "T':::,T,:=.r::.1:: '=-_ -:"'L:'-:. 1Il : -<t '" -"", -,.",."", -, -"" -", -"" -"""", -"""".",.,.,.".,.".'