8 CAR § 130-608 – Waste Hauler Trust Fund | Midpage
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8 CAR § 130-608
Waste Hauler Trust Fund
Arkansas Code § 8-6-704
(a)
(1) There shall be established on the books of the Boston Mountain Regional Solid Waste Management District a fund to be known as the Waste Hauler Trust Fund.
(2)
(A) Moneys deposited into this fund shall be kept in a separate depository account and shall cover the entire tri-state area.
(B) Any hauler who chooses to post a cash bond may do so in lieu of the deposits set out below.
(b) Licensed waste haulers shall deposit the sum of one hundred twenty-five thousandths of a dollar ($.125) per residential customer, less any customer serviced under municipal or POA contract, on a quarterly basis into the fund.
(c) Deposits shall be made no later than January 31, April 30, July 31, and October 31 based on the number of applicable customers on the first day of these months.
(d)
(1) Deposits shall be made until the fund reaches ten thousand dollars ($10,000).
(2) After which, deposits shall cease until the fund balance drops below five thousand dollars ($5,000), at which time deposits will resume until the fund once again reaches ten thousand dollars ($10,000).
(e)
(1) Money deposited into the fund shall be used exclusively to provide reimbursement of unused prepaid fees to customers of a hauler which has abandoned an area of service.
(2) Customers in the abandoned area are entitled to reimbursement of any unused amounts prepaid by the customer to said hauler, not to exceed the limits of the fund.
(f) In order to qualify for reimbursement from the fund, the customer must demonstrate proof of payment.
(g) Any hauler who fails to provide service to a customer who then qualifies for reimbursement under these provisions shall be permanently barred from further waste hauling within the district.