Title
Resolution - A Resolution of the City Council of the City of Mansfield, Texas Approving Updates Regarding Republic Services Request for Extraordinary Recycling Processing Rate Increase for the Ensuing Contract Year
Requested Action
Approve the Resolution regarding an extraordinary rate increase for recycling processing costs incurred by Republic Services.
Recommendation
Staff recommends that the City Council of the City of Mansfield, Texas approve the Resolution regarding an extraordinary rate increase for recycling processing costs incurred by Republic Services.
Description/History
The City of Mansfield, Texas, entered an agreement with Republic Services to provide solid waste and recycling services on behalf of and for the residents and businesses of the City of Mansfield, Texas. The contract with Republic Services expires on September 30, 2023. Contractually, Republic Services is allowed to petition the City Council for extraordinary cost increases or decreases for recycling services because of the current macroeconomics within the recycling industry.
Under terms of the contract, Republic can petition the City Council to increase what is referred to as a processing fee for the increase in costs associated with handling recycling materials. The recycling market has changed significantly over the past couple of years and Republic is requesting a fee increase for the ensuing contract year.
Justification
City Council may elect to increase the extraordinary processing fee of $.03 cents per month or City Council may elect not to increase the extraordinary processing fee of $.03 cents per month.
Funding Source
N/A
Prepared By
Troy Lestina, Chief Financial Officer
817-276-4258