The HCSWA board voted unanimously to begin taking recyclable materials from Charleston County next week.
This approval is contingent on Charleston County agreeing to the terms of a Recyclables Processing Intergovernmental Agreement approved unanimously by the HCSWA board.
Charleston County had been sent a copy of the revised agreement four hours before the HCSWA board meeting with no comment in the interim. Sentiment among HCSWA staff members was that Charleston County would agree to the terms and recyclables from Charleston County would begin to be processed at the HCSWA material recycling facility (MRF) next week.
There were some changes from the first draft proposal the HCSWA board voted to move forward with last week.
Key changes include a two year contract with up to three additional six month terms upon the agreement of both parties.
Charleston County must guarantee Horry County a minimum of 2,500 tons per month with a maximum limit of 3,000 tons per month.
A base market value (BMV) for sales of the recyclables is set at $150 per ton. There is a 10% leeway on the BMV in each direction. If the revenue from sale of the recyclables falls to below $135 per ton, Charleston County will make up the difference to the Horry County minimum guarantee of $135 per ton. The HCSWA currently is selling recyclables processed at the MRF for $134 per month.
Horry County will share profits from the sale of the recyclables with Charleston County above a market value of $165 per ton.
A 60 day termination clause upon notice of either party is now being offered. However, the way in which it was arrived at is problematic.