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HomeMy WebLinkAboutDSHW-2010-034069 - 0901a0688018d5f8RECEIVED MAY 1 9 2010 UTAH DIVISION OF SOLID & HAZARDOUS WASTE ZDIO. 01123 Mav 17. 2010 Scott T. Anderson Department of Environmental Quality Division of Solid and Hazardous Waste 288 North 1460 West P.O. Box 144880 Salt Lake City, Utah 84114-4880 Re: Financial Assurance Annual Update ATK Launch Systems -Promontory FacilityUTD009081357 ATK Launch Systems - Bacchus Facility UTDOO1705029 Dear Mr. Anderson: ATK Launch Systems is in the process of renewing financial assurance coverage in the amounts shown below. Clean-up activities at SS-3 have been completed, and the associated funds to guarantee the project have been removed from the Letter of Credit (LC). Our costs for closure and post closure have been adjusted using an inflation multiplier of 1,015012. The net present value for post-closure costs was adjusted using a discount rate of 2,75%. Revised closure and post-closure cost estimates assured by a LC in the amount of $4,079,581 are itemized below. EPA ID Number Facility Name and Address Closure Cost Post-Closure Cost UTD00908I357 ATK Launch Systems- Promontor}' P.O. Box 707 Brigham City, UT 84302-0707 S574,059 $3,109,422 UTDOO 1705029 ATK Launch Systems - Bacchus P.O. Box 98 Magna, UT 84044-0098 S396,100 SO Signed original certificates for sudden accidental insurance coverage are attached. Our LC for closure/post closure is in the process of being revised to the new value. Our LC for non-sudden accidental events will automatically renew on July 10, 2010, If you have questions on this topic contact George Gooch at (801) 699-0319, / certify under penalty of law that this document and all attachments were prepared under my direction or supervision in accordance with a system designed to assure that qualified personnel properly gather and evaluate Ihe information submitted. Based on my inquiry of the person or persons who manage the system, or those persons directly responsible for gathering the information, the information is, to the best of my knowledge and belief, true, accurate, and complete. I am aware that there are significant penalties for submitting false information, including the possibility of fine and imprisonment for knowing violations. Sincerely, David P. Gosen, P,E. [/ Director, Environmental Services c: Blake Robertson, DSHW Jeff Vandel, DSHW Bill Wallner, DSHW Chris Falkenberg, ATK Launch Systems George Gooch, ATK Launch Systems HAZARDOUS WASTE FACILITY CERTIFICATE OF LIABILITY INSURANCE 1 .Chartis Specialty Lines Insurance Company , the "Insurer" of 175 Water Street, New York, NY 10038 hereby certifies that it has issued liability insurance covering bodily injury and property damage to Alliant Techsystems (the "insured"), of 7480 Flying Cloud Drive, Minneapolis, MN 55344 in connection with the insured's obligation to demonstrate financial responsibility under 40 CFR 264.147 or 265.147. The coverage applies at UTD00908I357, ATK Launch Systems, Inc., 9160 North Highway 83, Brigham City, UT 84302 for sudden accidental occurrences . The limits of liability are $1,000,000 each occurrence and $2,000,000 annual aggregate exclusive of legal defense costs. The coverage is provided under policy number PLS 18030352, issued on April 27, 2010. 2. The Insurer further certifies the following with respect to the insurance described in Paragraph 1: (a) Bankruptcy or insolvency of the insured shall not relieve the Insurer of its obligations under the policy. (b) The Insurer is liable for the payment of amounts within any deductible applicable to the policy, with a right of reimbursement by the insured for any such payment made by the Insurer. This provision does not apply with respect to that amount of any deductible for which coverage is demonstrated as specified in 40 CFR 264.147(f) or 265.147(f). (c) Whenever requested by the Executive Secretary of the Board, the Insurer agrees to furnish to the Executive Secretary a signed duplicate original of the policy and all endorsements. (d) Cancellation ofthe insurance, whether by the insurer, the insured, a parent corporation providing insurance coverage for its subsidiary, or by a firm having an insurable interest in and obtaining liability insurance on behalf of the owner or operator of the hazardous waste management facility, will be effective only upon written notice and only after the expiration of 60 days after a copy of such written notice is received by the Executive Secretary ofthe Board in which the facility(ies) is(are) located. (e) Any other termination of the insurance will be effective only upon written notice and only after the expiration of thirty (30) days after a copy of such written notice is received by the Executive Secretary of the Board in which the facility(ies) is (are) located, I hereby certify that the wording of this instrument is identical to the wording specified in 40 CFR 264.151(j) as incorporated by reference in the Utah Administrative Code (UCA) R315-7-15 and R315-8-8 as such regulation was constituted on the date first above written, and that the Insurer is licensed to transact the business of insurance, or eligible to provide insurance as angxcess or surplus lines insurer, in one or more States. Marline Houston Regional Manager, Authorized Representative of Chartis Specialty Insurance Company 300 S. Riverside Plaza, Suite 2100, Chicago, IL 60606