Junk 'bonding'

With a private partnership, the report said the landfill would be able to obtain the funding needed to upgrade to new technologies so it can "compete in the global municipal waste industry." Cunningham added the partnership would provide the revenue stream the town has been looking for.

By joining in a partnership with private landfill operator Colonie would still have "a degree of control," said Town Supervisor Paula Mahan, who added it is important for the town to invest in new processes.

"The new technology out there is unbelievable," she said. "These bigger companies, they're very progressive and they do have the funds to invest in a lot more opportunities."

The committee has already begun looking into the partnership option and is in the process of drafting a proposal that would be ready for review at the next Town Board meeting.

If accepted, the draft proposal would be made available for a 60-day public comment period and then the town will have another 10 days to act on the proposal.

"Right now, this option has the most potential upside," said Cunningham.""

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