(a) The City of Kenai hereby transfers its municipal power or authority for operation of a solid waste collection and disposal site to the Kenai Peninsula Borough. This transfer contemplates transfer of any authority it may have in, and to, the operation of the solid waste disposal site being operated by the City of Kenai on the effective date of approval by the Kenai Peninsula Borough Assembly. This transfer is accomplished pursuant to AS 29.33.250 and AS 29.33.260.

(b) That the only solid waste collection and disposal sites which may be operated within the limits of the City of Kenai Peninsula Borough.