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City of Ottumwa Special Meeting Agenda No. 18 May 2026

Proposed Assignment of Waste Contract to Castle Capital

City of OttumwaCASTLE CAPITALMay 12, 2026

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TerraCycle logo
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WithersRavenel logo
Derivita logo
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Description

A 2026 Assignment and Assumption of Contract proposes that Castle Capital take over the City of Ottumwa’s existing waste and recycling contract from Bridge City Sanitation, LLC. If consented to by the City, Castle Capital would perform all collection services through June 28, 2031 under the original contract terms.

Contract Details

Vendor

CASTLE CAPITAL

Agency

City of Ottumwa, IA

Contract Type

OTHER

Document Date

May 12, 2026

Contract Term

Effective date in 2026 through June 28, 2031, with existing five-year extension option

Renewal Date

2031-06-28

Renewal Info

Assignment would not alter the underlying contract’s July 4, 2021–June 28, 2031 term or its potential five-year extension; Castle Capital would become the assignee and assume all renewal rights and obligations if the City consents.

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