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Franklin County approves amended TDEC landfill-closure contract after inflation adjustment
Summary
The board approved an amended contract for the Franklin County landfill closure with the Tennessee Department of Environment and Conservation; TDEC calculations adjusted required post‑closure financial assurance to $137,184.97 from $156,450.77.
The Franklin County Commission on June 17 approved an amended landfill‑closure contract with the Tennessee Department of Environment and Conservation (TDEC) that implements TDEC's annual inflation adjustment to the county's financial assurance for post‑closure care.
TDEC sent the county an April 2019 notice that the annual inflation factor requires recalculating the post‑closure amount. The notice and attached calculations in the county packet show the required post‑closure assurance adjusted to $137,184.97 from the previously filed amount of $156,450.77. The commission approved the amended contract by motion ("Approve The TDEC Franklin Co. Landfill Closure Amended Contract") and recorded the motion as carried by voice vote.
Why it matters: Counties holding landfill sites must maintain financial assurance that covers closure and post‑closure monitoring. TDEC's adjustment reflects routine inflation indexing; the amendment keeps the county's assurance in compliance with state regulations.
Details: TDEC's attachment includes the method used: an inflation factor (the department cites the U.S. Department of Commerce implicit price deflator) and a recalculated cost schedule that shows the reduced required amount. The county approved the amendment and a corresponding adjustment to the contract on June 17.
Practical effect: The amendment requires the county to submit updated assurance documents consistent with the new figure. County finance staff will process the amendment and forward executed documents to TDEC.
