CITY OF McKINNEY, TEXAS - File #: 16-935

• File #: 16-935
• Name: FY17 Solid Waste Agmt CPI Increase
• Type: Resolution
• Status: Approved
• In control: City Council Regular Meeting
• On agenda: 9/20/2016
• Final action: 9/20/2016
• Title: Consider/Discuss/Act on a Resolution Authorizing an Adjustment to the Solid Waste Contract with Progressive Waste Solutions of Texas, Inc.

Date	Ver.	Action By	Action	Result
9/20/2016	1	City Council Regular Meeting	Approved	Pass

Title

Consider/Discuss/Act on a Resolution Authorizing an Adjustment to the Solid Waste Contract with Progressive Waste Solutions of Texas, Inc.

Summary

COUNCIL GOAL:                     Financially Sound Government

MEETING DATE:                     September 20, 2016

DEPARTMENT:                      Financial Services

CONTACT:                       Mark Holloway, Interim Chief Financial Officer

RECOMMENDED CITY COUNCIL ACTION: Approve Resolution

ITEM SUMMARY: 

•                     Provides for the FY17 CPI increase (0.48%) per the existing contract.

BACKGROUND INFORMATION: 

•                     The City of McKinney and Progressive (formerly IESI) 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 during May of 2016.

•                     Progressive Waste Solutions has demonstrated the need for the CPI increase.

•                     These adjustments will have no impact on the FY17 solid waste charge for residential or commercial customers.

FINANCIAL SUMMARY:  N/A

BOARD OR COMMISSION RECOMMENDATION:   N/A