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The state’s waste disposal and recycling agency will pay $8.3 million to the Metropolitan District (MDC) to settle a long-running legal dispute over a trash-plant operating contract that spanned nearly three decades.
In arbitration since 2009, the dispute between MDC and the Materials and Recycling Authority (MIRA) related to MDC’s operation of MIRA’s Mid-Connecticut project from 1984 to 2011.
MIRA, previously called the Connecticut Resources Recovery Authority, accused MDC in 1999 of overcharging the agency for the operating contract to the tune of $1 million per year.
A previous lawsuit and mediation had failed to resolve the dispute.
“MDC and MIRA are both pleased that this matter has been resolved on equitable terms,” the two quasi-public entities said in a statement this week.
They said the settlement covers project costs, including future retiree pension and future retiree medical costs.
MIRA will pay MDC out of its waste-to-energy plant’s reserve fund, which means none of the municipalities that use the plant will be required to pay extra, MIRA said.
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Read HereThis special edition informs and connects businesses with nonprofit organizations that are aligned with what they care about. Each nonprofit profile provides a crisp snapshot of the organization’s mission, goals, area of service, giving and volunteer opportunities and board leadership.
Hartford Business Journal provides the top coverage of news, trends, data, politics and personalities of the area’s business community. Get the news and information you need from the award-winning writers at HBJ. Don’t miss out - subscribe today.
Delivering Vital Marketplace Content and Context to Senior Decision Makers Throughout Greater Hartford and the State ... All Year Long!
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