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ITEM TITLE:
Sanipac Annual Rate Adjustment and Update
ACTION REQUESTED:
Provide guidance and feedback on Sanipac's new proposed fees to be included as part of the general Master Fees & Charges update for approval.
ISSUE STATEMENT:
In accordance with the franchise agreement, Sanipac is proposing a 0% change in rates effective July 1, 2026, based on a Consumer Price Index increase and offsets from the Recycling Modernization Act. Additionally, is required to provide the City with an annual report on its activities.
DISCUSSION/FINANCIAL IMPACT:
Per the franchise agreement, Sanipac can propose an annual fee increase. Due to Consumer Price Index increases, and Recycling Modernization Act related decreases, as well as other factors, Sanipac proposes a 0% rate change.