CITY OF McKINNEY, TEXAS - File #: 19-0082

• File #: 19-0082
• Name: Waste Connections CPI Adjustment
• Type: Resolution
• Status: Approved
• In control: City Council Regular Meeting
• On agenda: 2/5/2019
• Final action: 2/5/2019
• Title: Consider/Discuss/Act on a Resolution Authorizing an Adjustment to the Solid Waste Contract with Waste Connections Inc.

Date	Ver.	Action By	Action	Result
2/5/2019	1	City Council Regular Meeting	Approved	Pass

Title

Consider/Discuss/Act on a Resolution Authorizing an Adjustment to the Solid Waste Contract with Waste Connections Inc.

Summary

COUNCIL GOAL:                     Financially Sound Government

MEETING DATE:                     February 5, 2019

DEPARTMENT:                      Financial Services

CONTACT:                       Steve Tilton, Assistant City Manager

                     Mark Holloway, Chief Financial Officer

RECOMMENDED CITY COUNCIL ACTION: Approve Resolution

ITEM SUMMARY: 

•                     Provides for the FY19 CPI increase (2.18%) per the existing contract.

BACKGROUND INFORMATION: 

•                     The City of McKinney and Waste Connections (formerly Progressive) entered into a contract in 1996 for solid waste collections. This contract was amended in 2005 to include recycling services.

•                     The contract allows an annual CPI Increase. This was requested January 2019.

•                     Waste Connections Inc. has demonstrated the need for the CPI increase.                      

FINANCIAL SUMMARY:

•                     These adjustments will have no impact on the FY19 solid waste charge for residential or commercial customers.

BOARD OR COMMISSION RECOMMENDATION:   N/A