Agenda Packets - 1982/10/11 - Laserfiche WebLink

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47.1.511 (;OVItIINNIFN"I77d2 such Nallilal) diwicls 411 joint boauh Shall he umrstetred to the waste control nnnnlimloll. The Iocal gowcnuucnl mob nlhcrwuc entitled Ili such cash, taxes, asseWRA111s III incise rh.ulg•s shall he rlcdiled wish such anunuts, and such cicdlls ,hall he ullsel aganlsl ;lily nounuas ail he paid by them to the waste con loll vouunissiun as plodded itsscclian •171,517. Ills w•asle control commission / shall succeed to and become vested with all right, title and interest in and to any l ogn•I lt•. Ic;l Ile pclsonal, owned o operued by such solitary districts and joint hoards; and print to that dale the proper ol'liccrs of such sanitary districts and joint boards shill cscculc and dchvcl Ili the board all dwells, conveyances, bills of %:dc. and ildn•1 doruna•nts ill inslnuuenls o•grlin•d o vesl in the commission Ipon1 ;uul m:ukcWhle title lit all such will ill pelsuml pnglelly. The waste con- sul cooloo .ion shall brrana• silly;atrll in p:lv ill assomc :III hooded sir sillier drhl and coolracl obligalians inclosed by such sanitary districts and joint hoards, u1 ulrunrd by lilt -al I!oscnuurul units lilt the arlplisiliou sir bcuclntcol ill' ally hnleox•pprrs sit he:tnrrni caulks owned sir operated by such sanil ry districts or j11uu bo.ud. Solid. •1. Current value of esisling facililies. Whelh fhe commission assumes the ownership of any nisling iulcrevilhus or treatment winks as provided in subdivision 2 sir 3, Ile local guvcrnnm•ol unit or units which paid part or all of the cost of such facility, directly sir posoant to contracts for reimbursement of costs, shall he enlilled to receive a credit against anio a is it) he allorllcd to them under section 473.517, which may he spread liver such period nil exceed- ing .111 ve:us as I111• runuuiw loll shall dclruuinc. and ;sit additional credit equal to inleresl an the unused credit b iallve from lime it, thoo at the rate of flint per- crnl peI aummll. Ilw auuout ill such cn•dil shall equal the ctulcnl value of the Lu•ility congnued he Ile vonunission in she nmolln•1 provided in this subdivision ;it she luuc the couumswnl acquocs it. 'Ihr uligi nl rust of a facility shllll be rringnsicd its Ihr toed scoot casts It cousnucling it, inchnling engineering, legal, and otlnunsuator costs. Ic%% any pail sit it paid Irum federal or slate funds and Icss tn• principal :uwnml of ao Own amstanding bomb which were issuer) to lionnce Its consullcuon. I he original cuss shall be nnlliplied by a factor equal to a i1111vIll cast 1100% doiilrll llv Ili• %alllw com ilhdrX :d the little sit construction, u1 determine rt•pkrcnnot cuss. The eoa indices used stall he the Engineering News Record ('unsoucliou fuse Indices tin facilities or palls Ihelcur completed bviote 14311, and the I honed Slates Public I Icallh Service Federal Water Pollu- n1111 t'umnd \'alines im Scsvcl and'I'leanncmt l9mll ('ilnslrlcsioll, as applied to Ial'IIIIWI sir palls Ihra•al runlplcted in a1 allet 111.111. The current value of the facility shall he the Icphu•csilell, cuss dn+reciated by 2.511 percent per annum III -Ill the date Id runsnurllilu sit lessened caw ks Mall 125 perv'vol per annurn front the doe of ciluslructiun ill inlerccpsors: and decreased further by a reason - ;[tile allowulce fill obsolrsccmce it* the hoard delenmincs that Ile facility or any part thereof will not he useful for brood purposes for at least the remaining pctiud requirt•d to dcpneciatc• it hilly, assusiling no salvage value. The current value of each such favility shall he credited In each local government unit in pro• purlieu to fhe auuutml ill the conshuctiun cost paid by that unit. as determined by the commission, liking into accounl reimbursements previously made under contracts hehvccn Mug ill she local government units. The commission shall pre. pare :sit ilcnhiied scdemrnl of the amount of credit each local government unit is enlilled m ncceive under this subdivision, and the years and amounts of install. ntclus ill plincipal and interest Ihereon. and shall cause it to be mailed sir deliv. cred to the governing hotly or cads loyal government whit concerned. The auhuunl of the annual cicdils of plincipal and iuscicsl made under this subdivi. sion to each lord government unit shall he paid for its current coats of operation ;lilt[ maintenance ill fhe facilities fur which the credits were made. All credits allowed under Ibis subdivision shall he itself In finance current costs allocated to