7406T_EJERecycling_FA_Approval_DIN27424_20170216

ROY COOPER
Governor
MICHAEL S. REGAN
Secretary

MICHAEL SCOTT
Director

February 16, 2017

Mr. Wayne Bell
General Manager
EJE Recycling and Disposal, Inc.
802 Recycling Lane
Greenville, NC 27834

Subject: Financial Assurance Cost Estimate
EJE Recycling Transfer Station
Permit No. 7406T-TRANSFER-2001, Pitt County, Document ID No. 27424

Dear Mr. Bell:

The Division of Waste Management, Solid Waste Section, has completed the review of the financial
assurance estimate received as part of your permit application for the permit approval to operation the
EJE Recycling Transfer Station (DIN 27343).

The letter approves the financial assurance as detailed in the attachment in the amount of $47,500.

Ms. Sarah Rice may be contacted at [phone] or by email at [e-mail] concerning
mechanisms to demonstrate financial assurance.

If you have any questions regarding this matter, please contact me at [phone] or by email at
[e-mail].

Sincerely,

Patricia Backus, P.E., Environmental Engineer
Division of Waste Management, NCDEQ

cc: G. David Garrett, P.G. P.E. Amec Foster Wheeler
Ed Mussler, P.E., Permitting Branch Head
Drew Hammonds, Eastern District Supervisor
Ray Williams, Environmental Senior Specialist
Sarah Rice, Compliance Officer

Digitally signed by Pat Backus
Date: 2017.02.16 15:27:38
-05'00'

Operations Plan Update and Permit Renewal Application
EJE Recycling MSW Transfer Station
NC Solid Waste Permit No. 74-06T Revised 2-16-2017

21 FINANCIAL ASSURANCE

8. FINANCIAL ASSURANCE

Background
Legislation enacted in 2007 requires all solid waste facilities to post a financial assurance
instrument (surety bond, insurance policy, irrevocable letter of credit, cash deposit). This
instrument guarantees the availability of funds to be used by the Solid Waste Section
(SWS) for third-party debris removal and facility clean up, in the event that the facility is
forced into early closure. Factors that could potentially force early closure include, but are
not limited to, insolvency or substantial non-compliance, including multiple violations
and/or storage of more materials on the premises than is allowed by the permit or is
covered by the financial assurance instrument.
SWS requires a calculation of the maximum volume and tonnage anticipated to be stored
on the premises at any given time, including the recyclables and 5 days of the incoming
waste stream. The following bond amount is calculated based on estimated tonnage and
an estimated third-party cost of $100 per ton for removal and off-site disposal.

Incoming Waste Stream*
• 85 tons per day x 5 working days = 425 tons per week (unsorted)

Recyclables Stored On-Site*
• Two Recyclable Products Metals, Cardboard
• Estimated volume of recyclables 400 cubic yards**
• Estimated tonnages by product:
Scrap Metals 20 tons per week
Cardboard 2 tons per week
Maximum recyclables = 22 tons per week

Total Material Tonnage Subject to Financial Assurance
• Total of above, rounded up 450 tons per week
• Autos for parts removal, crushing 100 units on-site

*Based on 2016 Annual Report data
**Two 100 cubic yard Storage Containers per Product (assume unsorted)

Operations Plan Update and Permit Renewal Application
EJE Recycling MSW Transfer Station
NC Solid Waste Permit No. 74-06T Revised 2-16-2017

22 FINANCIAL ASSURANCE

Total Financial Assurance Due
• Container wastes, 450 tons/week x $100 = $45,000
• Autos, 100 units x $25 per unit to remove = $2,500
Total Financial Assurance Bond Required $47,500

The foregoing calculation is an estimate, which should be revised periodically to reflect
actual working conditions. Submittal of the Financial Assurance instrument is contingent
on issuance of a Draft Permit. It is in the Owner/Operator’s interest to ship the recyclables
to market as soon as possible, thus not allowing them to accumulate on the premises.
An earnest desire to remain in compliance with State and local rules, along with the
availability of the local landfill under the same ownership, ensures that all wastes will be
shipped in a timely manner. All recyclable materials will be processed and removed from
the premises within one year of receipt. The Operating Record (Section 6.0) will be used
to track the movement of the materials.