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1 row where "date" is on date 2009-04-07 and page = 5
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CityCouncil/2009-04-07.pdf,5 | CityCouncil | 2009-04-07 | 5 | events in the worldwide meltdown of commodity values affected ACI; stated 10% of the company's revenue disappeared the first week of November ACI could not meet bank covenants and was in jeopardy of defaulting on loans; ACI had to restructure debt payments and rate relief to make up for the commodities value shortfall the commodities value was previously offsetting the costs of providing service; recyclable materials could and have ended up in the landfill because there is no market. ACI was in jeopardy of closing. Vice Mayor deHaan inquired whether certain commodities are difficult to get rid of. Mr. Pellegrinni responded 70% of commodities are moving; stated high value plastics are moving; lower value plastics have always been a questionable commodity; value has dropped 50%; diversion goals are being met. Vice Mayor deHaan inquired whether other cities are facing similar situations, to which Mr. Pellegrinni responded in the affirmative. Vice Mayor deHaan stated the proposed Agreement extends to 2022; inquired whether the proposed Agreement provides latitude for when the market recovers and is best for the City. The Interim City Manager responded small haulers operate by margins of 5 to 15% profit stated large carriers operate by a margin of 25 to 35% profit; small and medium size haulers are affected by the decline in recyclables; small haulers should remain in the market for competition; that she thinks the proposed extension is good for both parties. Vice Mayor deHaan stated the City contracted with Waste Management to dispose of green waste; inquired whether ACI is still contemplating taking over the operation. Mr. Pellegrinni responded a third party processor accepts organic materials; stated the County is looking at a processing facility; the City has the right to redirect the material to an in-County facility. Councilmember Gilmore stated an incredible amount of work, effort and time went into the proposed Agreement the proposed Agreement allows for working with owners of nulti-family units; most resident… | CityCouncil/2009-04-07.pdf |
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CREATE TABLE "pages" ( [body] TEXT, [date] TEXT, [page] INTEGER, [text] TEXT, [path] TEXT, PRIMARY KEY ([path], [page]) );