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Council approves pledge of revenue with CalRecycle to meet Shoal Canyon post‑closure obligations
Summary
With a $62.4 million trust balance and CalRecycle's immediate minimum of about $71 million, council authorized a pledge of revenue to demonstrate 30 years of post‑closure financial assurance for Shoal Canyon Landfill.
The Glendale City Council on July 15 authorized the city manager to enter into a pledge of revenue agreement with CalRecycle to demonstrate the city’s financial ability to carry out the 30‑year post‑closure maintenance plan for Shoal Canyon Landfill.
Staff reported the landfill’s estimated remaining tonnage and projected closure window (roughly late 2028–spring 2029), and said the currently available trust fund balance is approximately $62.4 million. CalRecycle’s minimum financial demonstration requirement was presented as around $71 million; a county operator estimate of the 30‑year liability was described as approximately $87 million. Staff briefed two alternatives: (1) immediately deposit the full deficit into the trust (approximately $9 million shortfall to reach CalRecycle’s minimum) or (2) execute the revenue pledge and plan staged funding over time. The council approved the pledge, giving the city flexibility while staff prepares a multi‑year financing plan and a tipping‑fee review to help cover obligations after landfill closure.
Council asked for follow‑up work on a long‑term financing plan, including a tipping‑fee analysis and outreach steps. Staff and finance said the pledge does not change the underlying long‑term maintenance cost estimate but provides the regulator a legally acceptable approach to meeting the demonstration requirement without one immediate large cash deposit. The council approved the pledge by roll call and directed staff to present options to cover funding gaps as part of budget and multi‑year planning.
