Rolling Meadows City Council Agenda 2026-06-23
Transfer Station Lease with Lakeshore Recycling Introduced
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Description
Rolling Meadows is considering a 10-year facility lease and host agreement with Lakeshore Recycling Services, LLC to operate the City’s transfer station, including a $1 million upfront payment and enhanced rent and tonnage terms. The agreement is introduced for first reading on June 23, 2026.
Contract Details
Contract Amount
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 2032
Vendor
LAKESHORE RECYCLING SERVICES LLC
Agency
City of Rolling Meadows, IL
Contract Type
FACILITIES
Document Date
June 23, 2026
Contract Term
10-year facility lease and host agreement beginning upon execution in 2026
Renewal Info
Successor agreement to a 30-year lease expiring August 2026; renewal or extension options not yet detailed.
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