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HomeMy WebLinkAbout~Master - Resource Recovery Tipping Fee for 2000/01 RESOLUTION NO. 00-286 RESOLUTION APPROVING THE RESOURCE RECOVERY SYSTEM TIPPING FEE FOR 2000/01 FOR THE CITY OF AMES,IOWA WHEREAS, each year near the end of the fiscal year, the financial status of the Resource Recovery System is evaluated; and, WHEREAS, the tipping fee that is charged to haulers for the disposal of solid waste was $47/ton for fiscal years 1997/98 and 1998/99 because savings in debt from a small bond was paid off; and, WHEREAS,as Fiscal Year 1999/2000 comes to an end,it appears expenditures will exceed revenues, and if the rates are left the same for next year, it would result in a negative fund balance in 2000/01; and, WHEREAS, the reason that the revenues are not meeting projection relates to the amount of material that we had estimated that we would process versus the actual amount processed; and, WHEREAS, in order to address the situation, it appears that there is a need to implement a tipping fee rate increase, and if the rate were raised to $45/ton, a positive balance is forecasted for the year; and, NOW, THEREFORE,BE IT RESOLVED by the City Council of the City of Ames, Iowa, that the tipping fee for 2000/01 is hereby set at $45/ton to commence on July 1, 2000. ADOPTED THIS 13th day of June,2000. Diane R. Voss, City Clerk Ted Tedesco,Mayor Introduced by: Cross Seconded by: Goodhue Voting aye: Campbell, Cross, Goodhue, Hoffman, Quirmbach, Wirth Voting nay: None Absent: None Resolution declared adopted and signed by the Mayor this 13th day of June, 2000.