City of Rolling Meadows Committee of the Whole Agenda May 2026

Contract Amount

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 week

Vendor

LAKESHORE RECYCLING SYSTEMS (LRS)

Agency

City of Rolling Meadows, IL

Contract Type

FACILITIES

Document Date

May 18, 2026

Contract Term

Proposed 10-year lease and host agreement for Rolling Meadows Transfer Station beginning upon execution (exact dates not stated, expected start before August 2026)

Renewal Info

Initial term proposed as 10 years for lease and host agreements; renewal or extension options are not described in the agenda packet.