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TR-2016-74 TOTERS PROGRAM �--2oc1�-7�;at�e�'s°P � +�ec� XS aMOdA ia,212al-AUTHORIZING J�_2016-74 �Ti`tlt�1 THE BORROWING AND APPROPRIATION IN THE AMOUNT OF$936,000.00 FOR THE PURCHASE OF RECYCLING CARTS AND GARBAGE CARTS ("TOTERS") FOR THE RECYCLING AND TRASH COLLECTION AND DISPOSAL PROGRAM (Sponsored by Mayor Richard A. Cohen) WHEREAS, It is in the best interest of the City of Agawam initiate an automated recycling and trash collection and disposal program; and WHEREAS, The City of Agawam may save up to $260,000.00 per year in collection and disposal costs under an automated recycling and trash collection program; and WHEREAS, The City of Agawam will receive reimbursement in the amount of$96,195.00 in fiscal year 2017 for initiating an automated recycling and trash collection and disposal program; and WHEREAS, The City of Agawam will achieve additional savings of approximately $95,000.00 per year by purchasing the recycling carts and garbage carts ("toters"}instead of renting carts provided by the collection and disposal company; and WHEREAS, Toters owned by the City of Agawam will be serviced by the collection and disposal company; NOW THEREFOR,The Agawam City Council hereby resolves to authorize the following: That$836,000.00 is appropriated to pay costs of purchasing trash toters for the Town's trash and recycling program, and for the payment of all other costs incidental and related thereto, and to meet this appropriation, the Treasurer, with the approval of the Mayor, is authorized to borrow said amount under and pursuant to Chapter 44, Section 7 (9) of the General Laws or pursuant to any other enabling authority, and to issue bonds or notes of the Town therefor. Any premium received by the Town upon the sale of any bonds or notes approved by this order, less any such premium applied to the payment of the costs of issuance of such bonds and notes,may be applied to the payment of costs approved by this order in accordance with Chapter 44, Section 20 of the General Laws, thereby reducing the amount authorized to be borrowed to pay such costs by a like amount. Dated this day of AW VM 2016. Ikq Q CCTM de, 60m Ce , oAkAy Oe.,4G PER ORDER OF THE AGAWAM CITY COUNCIL Nfo J es P. Cichetti,President APPROVED AS TO FORM AND LEGALITY 3--- Patrick M. Toney, City Solicitor IMAYORAL ACTION Received this d' day of f' , 2016 from Council Clerk. Signed by Council President this `$� day of _ _ ,2016. APPROVAL OF LEGISLADON By the powers vested in me pursuant to Article 3, Section 3-6 of the Age+ �arter, as V AZZ�7) rove the passage of the above legislation on this 2 ay of 2016. —120� u zz Richard A. Cohen, Mayor DISAPPROVAL OF LEGISLATrON By the powers vested in me pursuant to Article 3, Section 3-6 of the Agawam Charter,as amended, I hereby veto the passage of the above legislation on this day of _ , 2016 for the following reasons): Ricbard A. Cohen, Mayor RETURN OF LEGISLATION TO COUNCIL CLERK Returned to Council Clerk this_194-4 day o _ , 2016. • , 1omAeonC-Ll-rn0dL5.QJ1� �_� ]L�LCGOc aTR7lE�i7 cmom�=gLoam ,cne= Pm*0=10. A« p t�D nxy N.l.two S YOrd 1rI ,MA �gm=n Dc�pmtrt,crtt of Pubac VWbft 0MqiQ@0UNWm Lum m/08 W19n�Ittg Ccrt(70'd par ✓ ) 8.800 � $44.39 9 3M W100 IN IWd LQb33 81800 ✓01.50 0 13,200.00 b MaMugfon to nmWid ILOCC $4.35 5 382000 95 0d1w enfktp Can(0 0 por 1>rtl am 8.tb0 --M.48 9 347,2A8.00 "Tmoh OW Kct=rp as Ltd(no charlp) Atm=bV a MoMbu2ton to R=X=d 8,800 /04.35 0 38,a80.00 E mM Pbb Fco 407 ftin an cWc3 W On canurtba 1 800.00 SUWGU o S$0948.89 Thictdand FacWa A=a IrtdudCd Ou.' t 6 tll3t1,940.09 To201 0999414103 - OWAL IMFORMARM:Pitibia=0 aP=tn:5 up c7 d=m b=d cm n 12 Qmo c2 .Cat gMFz3 r3 boccil ca R=n at M73M. MaCn3 wD 1==o up a7 t=a k=rd cm cu,-V p=iy dirt cam' a C�JIm c2ib• gh 27.$lbo and C26f3an t wSh F, l:x FfcWd Inft. Rrlrxng btu t Mcd Typo: 10'Sft:1p on dm trt66 d Smear Len: Jtata of 2017 TCm= "30 arr mv. 10 yal~r on smart body,lid.wh=b,ate,dop bar and a0 amhm=do. ObaG2:)tba: 30 Dqo Ybn=. All eppbab.b tmtt]!3&9:10 ba p=!d by tho BLWw unbm a prapdr wi mptlon la pwA&-d mid vc9datcd. 3 fd 8116l2018 Detp Sign aid Prtnt P&= Deb Tltta; ?a crftF&w offer 4ittwaftd®y aFmocktin A FAMILY TRADITION OF GROWTH,SERVICE AND INNOVATION F S I of 1 �. as 0" Odij- 1119-111to jg-2016-74 U2�o�AL'Tcv�1 UTHORIZING THE BORROWING AND APPROPRIATION IN THE AMOUNT OF $836,000.00 FOR THE PURCHASE OF RECYCLING CARTS AND GARBAGE CARTS ("TOTERS") FOR THE RECYCLING AND TRASH COLLECTION AND DISPOSAL PROGRAM (Sponsored by Mayor Richard A. Cohen) WHEREAS, It is in the best interest of the City of Agawam initiate an automated recycling and trash collection and disposal program; and WHEREAS, The City of Agawam may save up to $260,000.00 per year in collection and disposal costs under an automated recycling and trash collection program; and WHEREAS, The City of Agawam will receive reimbursement in the amount of$96,195.00 in fiscal year 2017 for initiating an automated recycling and trash collection and disposal program; and WHEREAS, The City of Agawam will achieve additional savings of approximately $95,000.00 per year by purchasing the recycling carts and garbage carts ("toters")instead of renting carts provided by the collection and disposal company; and WHEREAS, Toters owned by the City of Agawam will be serviced by the collection and disposal company; NOW THEREFOR, The Agawam City Council hereby resolves to authorize the following: That$836,000.00 is appropriated to pay costs of purchasing trash toters for the Town's trash and recycling program, and for the payment of all other costs incidental and related thereto, and to meet this appropriation, the Treasurer, with the approval of the Mayor, is authorized to borrow said amount under and pursuant to Chapter 44, Section 7 (9) of the General Laws or pursuant to any other enabling authority, and to issue bonds or notes of the Town therefor. Any premium received by the Town upon the sale of any bonds or notes approved by this order, less any such premium applied to the payment of the costs of issuance of such bonds and notes, may be applied to the payment of costs approved by this order in accordance with Chapter 44, Section 20 of the General Laws, thereby reducing the amount authorized to be borrowed to pay such costs by a like amount. Dated this—Ali, day of , 2016. 10 Town of Agawam $836,000-Toters Proposed Financing-5-year BANS Principal Estimated P& I Est. Interest Cost of Debt Year Amount Interest Outstanding Rate* Pav-down Issuance Service 1 836,000,00 10,450.00 846,450.00 1.25% 167,200.00 550.00 178,200.00 2 668,800.00 10,032.00 678,832.00 1.50% 167,200.00 550.00 177,782.00 3 501,600.00 8,778.00 510,378.00 1.75% 167,200.00 550.00 176,528.00 4 334,400.00 6,688.00 341,088.00 2.00% 167,200.00 550.00 174,438.00 5 167,200.00 3,762.00 170,962.00 2.25% 167,200.00 550.00 171,512.00 39,710.00 836,000.00 2,750.00 878,460.00 Total Cost of Financing-Interest&COI= 42,460.00 Town of Agawam $836,000-Toters Proposed Financing-5-year BANs Principal Estimated P&I Est. Interest Cost of Debt Year Amount Interest Outstanding Rate* Pay-down issuance Service 1 836,000.00 10,450.00 846,450.00 1.25% 167,200.00 550.00 178,200.00 2 668,800.00 10,032.00 678,832.00 1.50% 167,200.00 550.00 177,782.00 3 501,600.00 8,778.00 510,378.00 1.75% 167,200.00 550.00 176,528.00 4 334,400.00 6,688.00 341,088.00 2.00% 167,200.00 550.00 174,438.00 5 167,200.00 3,762.0 0 170,962.00 2.25% 167,200.00 550.00 171,512^00 39,710.00 836,000.00 2,750.00 878,460.00 Total Cost of Financing-Interest&COI= 42,460.00 TO-2016-74 AN ORDER AUTHORIZING THE BORROWING AND APPROPRIATION IN THE AMOUNT OF $836,000.00 FOR THE PURCHASE OF RECYCLING CARTS AND GARBAGE CARTS ("TOTERS") FOR THE RECYCLING AND TRASH COLLECTION AND DISPOSAL PROGRAM (Sponsored by Mayor Richard A. Cohen) WHEREAS, It is in the best interest of the City of Agawam initiate an automated recycling and trash collection and disposal program; and WHEREAS, The City of Agawam may save up to $260,000.00 per year in collection and disposal costs under an automated recycling and trash collection program; and WHEREAS, The City of Agawam will receive reimbursement in the amount of$96,195.00 in fiscal year 2017 for initiating an automated recycling and trash collection and disposal program; and WHEREAS, The City of Agawam will achieve additional savings of approximately $95,000.00 per year by purchasing the recycling carts and garbage carts ("toters")instead of renting carts provided by the collection and disposal company; and WHEREAS, Toters owned by the City of Agawam will be serviced by the collection and disposal company; NOW THEREFOR,The Agawam City Council hereby resolves to authorize the following: That $836,000.00 is appropriated to pay costs of purchasing trash toters for the Town's trash and recycling program, and for the payment of all other costs incidental and related thereto, and to meet this appropriation, the Treasurer, with the approval of the Mayor, is authorized to borrow said amount under and pursuant to Chapter 44, Section 7 (9) of the General Laws or pursuant to any other enabling authority, and to issue bonds or notes of the Town therefor. Any premium received by the Town upon the sale of any bonds or notes approved by this order, less any such premium applied to the payment of the costs of issuance of such bonds and notes, may be applied to the payment of costs approved by this order in accordance with Chapter 44, Section 20 of the General Laws, thereby reducing the amount authorized to be borrowed to pay such costs by a like amount. Dated this day of 12016. ,i PER ORDER OF THE AGAWAM CITY COUNCIL James P. Cichetti, President APPROVED AS TO FORM AND LEGALITY Patrick M. Toney, City Solicitor IWO Raw CaA LWOW ft.a+Does W3 Won Uoounoaro Lam.o.k,nc 71047 S"6 DD. KBM Proposal 4010 E892ee St Lot NVOM.cr wo$ Proposal#: PREPARED OR TO: Tracy M.DeMwo Staging Yard in Agawam, MA Environmental Project Coordinator Agawam Department of Public Works ITEM DESCRIPTION GUANTITY UNIT EXTENDED PRICE PRICE 98 Gallon Recycling Cart(702 per truck) 8.800 ,/$44.39 $390,632.00 IN Mold Label 8,800 ✓$1.50 $ 13.200.00 Assemb S Distribution to Resident 8 800 $4.35 $ 38 280.00 65 Gallon Garbage Cart(648 per truck) 8,800 .,$39.46 $347,248.00 "Trash Only"Hotstamp on Lid(no charge) Assembly&Distribution to Resident 8,800 -"$4.35 $ 38,260.00 Brand Plate Fee for Town LqSo Holstein on sides of the carts 1 -11$500.00 $ 500.00 Subtotal= $828,140.00 Truckload Freight Rabe= Included Subtotal■ S t12$,140.00 Total■ S,$211140:00i ADDITIONAL INFORIYWTION:'Pricinq wfli change up or�ciwn tiased on r+esln,at time of'delirery.Ciirtireht,pricing is oniReslnoattS0:7351ib..Prfdilg wiq Increase up or down based gn every penny resin adJusts. 65 Oailon cart1s MI@ gh ZT_Si[bstand96�galloniwelh30.7. Freight Info: Pricing includes height Wheal Type: 10"Snap on with Intergrated Spacer Leadtlma: June of 2017 Toms: Net 30 Warranty: 10 year unprorated warranty on carl body,lid.wheels,axle,stop bar and all attachments. Quota Velid: 30 Days Taxes: All applicable taxes shall be paid by the Buyer unless a proper exemption Is provided and validated. PRESENTED BY, ACCEPTED PY- Agawam,AfA Dam fl o 6/15l2016 Date Sign and Print Name Date Title: ?o utOwts order,pfeaae caiTorsertdirgwdpn"safsw fatormadto fix esudey repmmt&*v, A FAMILY TRADITION OF GROWTH,SERVICE AND INNOVATION Page 9 of 4