Lease and Purchase Option for Transfer Station Equipment Approved
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Description
Weber County leased vehicles and heavy equipment used at the Transfer Station to Waste Management of Utah, Inc. for $0.50 per ton handled, with an option for lessee to purchase the equipment for $1,010,000 during the lease term.
Contract Details
Contract Amount
$0.50 per ton for all solid waste received during the equipment lease term; equipment purchase option for $1,010,000 (cumulative) for listed items
Vendor
WASTE MANAGEMENT OF UTAH INC
Agency
Weber County Service Area 6 (W Warren Park), UT
Contract Type
EQUIPMENT
Document Date
June 16, 2026
Contract Term
July 1, 2026 – June 30, 2036; auto-extend with property lease renewals
Renewal Date
2046-06-30
Renewal Info
Equipment lease automatically renews with the property lease renewals. Lessee may exercise purchase option at any time during the lease or renewals; payments adjust as equipment is bought.
More from WASTE MANAGEMENT OF UTAH INC
Issuing Agency
Special District
Ogden, UT
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