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HEARING - Community Development Agency, Environmental Management Division, recommending the Board adopt and authorize the Chair to sign Resolution 087-2017 adjusting the solid waste collection rates for Tahoe Truckee Sierra Disposal Co., Inc., dba Tahoe Truckee Sierra Disposal, by 1.51 percent to become effective July 1, 2017, in accordance with the Solid Waste Rate Setting Policies and Procedures Manual for Unincorporated Areas. (Est. Time: 10 Min.)
FUNDING: Franchise Fees. (No Federal Funding)
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DEPARTMENT RECOMMENDATION
Community Development Agency, Environmental Management Division (EMD), finds a 1.51 percent (1.51%) increase to be appropriate to the existing solid waste collection rates for Tahoe Truckee Sierra Disposal Co., Inc., dba Tahoe Truckee Sierra Disposal (TTSD), and recommends the Board adopt the Resolution which will authorize the 1.51% rate increase effective July 1, 2017.
DISCUSSION / BACKGROUND
On October 27, 2015 (Item 26), the Board adopted Resolution 161-2015 authorizing a new Solid Waste Services Agreement (Agreement) with TTSD for the collection of solid waste throughout the franchise area. The new Agreement incorporated a Solid Waste Rate Setting Policies and Procedures Manual (Rate Manual). The Rate Manual provides specific requirements for the setting of collection rates during "Base" years (every third year of the Agreement) and "Interim" years (years falling between base years). Base year rate adjustments require an in-depth financial analysis to determine if rates require adjustment, the amount of the adjustment, and whether or not an increase or decrease to rates is warranted. Interim year rate adjustments are simply calculated based upon the change in the Garbage and Trash Collection Consumer Price Index (CPI).
Pursuant to terms of the Rate Manual, Appendix F, the Franchisee may request interim year rate adjustments. This increase is calculated by obtaining the twelve-month U.S. City Average - Garbage and...
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