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HomeMy WebLinkAbout~Master - 2016 Resource Recovery Annual Report RESOLUTION NO. 17-047 RESOLUTION APPROVING 2016 RESOURCE RECOVERY ANNUAL REPORT FOR THE CITY OF AMES, IOWA WHEREAS, a calendar year report is prepared annually for the Resource Recovery System, and based on this annual report, and in accordance with existing contracts, billings are prepared for the participating comaxmities and Iowa State University, and, WHEREAS, revenues from all sources totaled $3,818,109, total expenses were $4,086,378, and this resulted in a net reduction of$268,269 for 2016; and, WHEREAS, the revenues from recovered metals have dropped dramatically over the past several years, primarily due to a reduction in the overall demand for scrap metal world-wide, and the ferrous metals recycling market is still in flux, reflecting low pricing globally in 2016 and projected for 2017; and, WHEREAS, this has led to a loss in revenue of nearly $200,000 per year, as compared to the 2014/15 budget; and, WHEREAS, due to this reduction in revenue, the tipping fee wi l be increased from $52.75 per ton to $55.00 beginning in FY 2017/18; and, WHEREAS, beginning in calendar year 2018, the per capita fee will be $10.50; and, WHEREAS, billings in 2017 and 2018 will still be based on a per capita.of$9.10. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa, that the 2016 Resource Recovery Annual Report is hereby approved, and staff is authorized to distribute the report and to bill the participating coma unities and Iowa State University. ADOPTED THIS 14t' day of February, 2017. ' 14JA-0 A. Diane R Voss, City Clerk Ann H. Campbell, Mayor If Introduced by: Nelson Seconded by: Gartin Voting aye: Beatty-Hansen, Betcher, Corrieri, Gartin,Nelson, Orazem Voting nay: None Absent: None Resolution declared adopted and signed by the Mayor this 14"day of February, 2017.