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FACILITIESRECOMMENDED

Rolling Meadows Committee of the Whole Minutes 2026-05-19

Staff Recommend LRS for Transfer Station Lease

Base rent $150,000 annually years 1–5; $157,500 annually years 6–10; $1,000,000 lump-sum payment; tipping fees starting at $2.95 per tonCity of Rolling MeadowsLAKESHORE RECYCLING SYSTEMS (LRS)May 19, 2026

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Description

Rolling Meadows staff recommend a 10-year lease and operations agreement with Lakeshore Recycling Systems for the City-owned transfer station, featuring increased rent, a $1,000,000 upfront payment, higher guaranteed tonnage, and higher tipping fee revenues. Formal approval of the agreement is scheduled for consideration at the June 23, 2026 Council meeting.

Contract Details

Contract Amount

Base rent $150,000 annually years 1–5; $157,500 annually years 6–10; $1,000,000 lump-sum payment; tipping fees starting at $2.95 per ton

Vendor

LAKESHORE RECYCLING SYSTEMS (LRS)

Agency

City of Rolling Meadows, IL

Contract Type

FACILITIES

Document Date

May 19, 2026

Contract Term

Proposed 10-year lease (first 5 years at $150,000 annual rent, remaining 5 years at $157,500 annual rent) starting upon contract execution, with lease to begin before current lease expiry in August 2026

Renewal Info

Current RMTS lease expires August 2026 after 30 years; this recommended 10-year lease would succeed the existing agreement upon Council approval.

More from LAKESHORE RECYCLING SYSTEMS (LRS)

Related Contracts

Rolling Meadows City Council Agenda 2026-06-23

City of Rolling Meadows (Illinois)Base rent $150,000 annually first 5 years, $157,500 annually next 5 years; $1,000,000 lump-sum payment; disposal and tipping fees per ton; $950,000 to purchase three refuse trucksJune 23, 2026

Rolling Meadows City Council Agenda 2026-06-23

City of Rolling Meadows (Illinois)Per-household collection fees escalating from $13.50/month in 2027 to $15.80/month in 2031; City-billed residential rates projected at $21.18–$23.48/month over same periodJune 23, 2026

Rolling Meadows Committee of the Whole Minutes 2026-05-19

City of Rolling Meadows (Illinois)$950,000 (proposal to purchase three refuse trucks)May 19, 2026

Rolling Meadows Committee of the Whole Minutes 2026-05-19

City of Rolling Meadows (Illinois)Per-household monthly collection charges to City: $13.50 (2027), $14.04 (2028), $14.61 (2029), $15.19 (2030), $15.80 (2031)May 19, 2026

City of Rolling Meadows Committee of the Whole Agenda May 2026

City of Rolling Meadows (Illinois)Base rent $150,000 annually years 1–5, $157,500 annually years 6–10; $1,000,000 lump-sum payment within 60 days of execution; host/tipping fee starting at $2.95 per ton; guaranteed minimum 2,750 tons per weekMay 18, 2026

Issuing Agency

City of Rolling Meadows

City

City of Rolling Meadows, IL

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Vendor

LAKESHORE RECYCLING SYSTEMS (LRS)

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More from City of Rolling Meadows

Rolling Meadows City Council Agenda 2026-06-23

Rolling Meadows City Council Agenda 2026-06-23

Base rent $150,000 annually first 5 years, $157,500 annually next 5 years; $1,000,000 lump-sum payment; minimum 2,750 tons/week at $2.95/ton; additional per-ton disposal fees beginning 2032June 23, 2026

Rolling Meadows City Council Agenda 2026-06-23

Base rent $150,000 annually first 5 years, $157,500 annually next 5 years; $1,000,000 lump-sum payment; disposal and tipping fees per ton; $950,000 to purchase three refuse trucksJune 23, 2026

Rolling Meadows City Council Agenda 2026-06-23

Rolling Meadows City Council Agenda 2026-06-23

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