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2000-104RESOLUTION NO. 2000-104 RESOLUTION AUTHORIZING THE PURCHASE OF A LIABILITY INSURANCE POLICY AS EVIDENCE OF PROVIDING FINANCIAL RESPONSIBILITY FOR LANDFILL CLOSURE AND LONG-TERM CARE WHEREAS, the City of Janesville holds a license to operate a solid waste disposal facility; and WHEREAS, Section 144.443 of the Wisconsin Statues and Section NR 520.06 of the Wisconsin Administrative Code require that any City holding such a license must provide evidence of financial responsibility for the closure and long-term care of the licensed facility to the Wisconsin Department of Natural Resources (DNR); and WHEREAS, Section NR 520.06 of the Wisconsin Administrative Code states that, one of the methods of establishing proof of financial responsibility is for the City to submit to the DNR an insurance policy that would assure funds would be available to the DNR to carry out the closure and long-term care requirements of the approved plan of operation, if the owner fails to do so; and WHEREAS, the Sanitation Fund maintains sufficient funding to purchase such an insurance policy; and WHEREAS, Common Council finds that it is in the best interest of the City to use this approved method of evidencing financial responsibility to the DNR; and NOW, THEREFORE BE IT RESOLVED, that the Common Council of the City of Janesville hereby authorizes the City Manager to acquire such an Insurance policy, subject to the policy's review and approval of the Wisconsin Commissioner of Insurance, and subsequent acceptance of the DNR. ADOPTED: December 11, 2000 APPROVED: ~ E. Sheiffer, C~y Manager ATTEST: J~ Ann Wulf, Ciiy Clerk-Treasu d APPROVED AS TO FORM: ,~)~ City ,~ttorney' ' d/" MOTION BY: Schneider SECOND BY: Williams COUNCILMEMBER AYE NAY PaSS ABSENT SCHNEIDER X WILLIAMS X NOLL X BRIEN X MURPHY X O'LEARY X DEGARMO X Proposed by: Prepared by: Finance Administration Finance Administration