Rolling Meadows City Council Agenda 2026-06-23
Staff Recommend Transfer Station Lease to LRS
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Description
Rolling Meadows staff recommend a 10-year lease and operations agreement for the City-owned transfer station with Lakeshore Recycling Systems (LRS), featuring a $1 million upfront payment, increased base rent, and higher guaranteed tonnage. The proposal also includes LRS purchasing three City refuse trucks for $950,000 and completing needed facility repairs.
Contract Details
Contract Amount
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 trucks
Vendor
LAKESHORE RECYCLING SYSTEMS (LRS)
Agency
City of Rolling Meadows, IL
Contract Type
FACILITIES
Document Date
June 23, 2026
Contract Term
Proposed 10-year transfer station lease and operations agreement; timing aligned with RMTS lease expiring August 2026
Renewal Info
New 10-year lease replacing an expiring 30-year agreement; renewal options not detailed in the agenda narrative.
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