Fairfax County Board Votes 8 - 2 toExtend Trash Incinerator Service Agreement
Business Coalition in Opposition to Purchase Praises Decision
This afternoon the Board of Supervisors voted 8 - 2 to extend the service agreement with Covanta Fairfax, Inc. rather than purchase the I-95 Waste-to-Energy plant. The Dulles Regional Chamber and other members of the business community defended this public-private partnership in opposition to the county borrowing and spending $417.5 million plus about $400 million in interest to buy the facility. The business coalition represented more than 2,400 businesses with more than 200,000 employees in Fairfax County
The Coalition's evaluation concurred with County staff's conclusion that it was more cost effective for the County to extend the service agreement for at least the next 17 years than it was for the County to borrow and spend millions to buy the facility.
Today's decision is a great victory to promoting and sustaining public private partnerships. The business community praises the efforts of all those who have negotiated this great deal for the citizens and businesses of Fairfax County. We thank the Board of Supervisors for bringing forward a good business decision.
