Council Asks for "Best and Final Offer"

9:14 AM, Aug 7, 2012   |    comments
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It's a matter of your money.

Over the past ten years, the City of Greensboro paid ReCommunity, a recycling company, $165,000 every year to haul away your paper, plastic, and glass.

That's $1.6 million but now, the city is looking to make money of the city's recyclables.

 Read: City considers recycling bids

It started with four companies offering bids but now it's down to two.

The city council asked ReCommunity and Waste Management out of Winston-Salem to come back in two weeks with their best and final offer at Monday's City Council meeting.

A city department head says whatever company they choose, it will be good for Greensboro taxpayers because instead of spending money, the city will make money.

"If we can take an expenditure of $167,000 and turn it into a minimum of about a million dollars per year, that's going to be a positive for the city and citizens of Greensboro, said Dale Wyrick, Director, Field Operations, City of Greensboro.

One million dollars a year sounds like a pretty good deal but it's not something taxpayers are likely to feel in their wallet, at least not yet.

The city council has not made any decision on what they'll do with the hundreds of thousands of dollars in profit, but a deal like this will have more impact for taxpayers in their trash - what Greensboro residents are able to recycle.

"Right now, from a plastics standpoint, they can recycle number 1 and 2 plastics; in the future they'll be able to do all plastics from 1 through 7. Now the city does not take pizza boxes, they will do that in the future and they will also take milk cartons, cable tops retainers as well," explains Wyrick.

The City Council has asked the two recycling companies to submit their best and final offers by August 20th. The council will consider the bids at a special work session on September 10th and are expected to vote at the September 18th council meeting,

Originally, city leaders recommended for the council to go with a deal from ReCommunity.

That was a flat rate, ten year contract meaning no matter what happened to the commodities market, the city was guaranteed to make a profit. That check would have been approximately $880,000 a year.