CITY OF McKINNEY, TEXAS - File #: 17-1250

• File #: 17-1250
• Name: FY18 Solid Waste Agmt CPI Increase
• Type: Resolution
• Status: Approved
• In control: City Council Regular Meeting
• On agenda: 12/19/2017
• Final action: 12/19/2017
• 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
12/19/2017	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:                     December 19, 2017

DEPARTMENT:                      Financial Services

CONTACT:                       Mark Holloway, Chief Financial Officer

RECOMMENDED CITY COUNCIL ACTION: Approve Resolution

ITEM SUMMARY: 

•                     Provides for the FY18 CPI increase (1.67%) 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 during April of 2017.

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

FINANCIAL SUMMARY:

•                     These adjustments will have no impact on the FY18 solid waste charge for residential or commercial customers.

BOARD OR COMMISSION RECOMMENDATION:   N/A