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HomeMy WebLinkAboutRES 98-296 RESOLUTION NO. WHEREAS, on Monday, August 31 1998, bids were received for a three (3) year contract for marketing recyclable materials; and, WHEREAS, Golden Triangle Paper Stock Company, Inc. DBA Gulf Coast Recycling submitted a bid in the amounts shown below: Materials to be Marketed Golden Triangle Paper Stock Company DBA Gulf Coast Recycling Newspaper, Magazines,and Junk Mail 100% plus$2.50 per ton Other Paper,Mixed Paper 100% plus$5.00 per ton Aluminum 84% Volume Collected Price per Mill Gulf Coast Total Revenue Based Markets FY98(Tons) Trade Journal Recycling Bid on Collection in FY98 Newspaper, 1,551 $15.00/ton $17.50/ton $27,142.50 Magazines,Junk Mail Other Paper*, Mixed 313 $5.00/ton $10.00/ton $3,130.00 Paper Aluminum 36 $35.00/ton $29.40/ton $1,058.40 Total Projected Revenues $31,330.90 *Other paper includes office paper, cereal boxes, computer paper and corrugated cardboard. and WHEREAS, City Council is of the opinion that the bid submitted by Golden Triangle Paper Stock Company DBA Gulf Coast Recycling should be accepted; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BEAUMONT: THAT the bid submitted by Golden Triangle Paper Stock Company DBA Gulf Coast Recycling in the amounts shown above for a period of one (1) year be accepted by the City of Beaumont. PASSED BY THE CITY COUNCIL of the City of Beaumont this the day of , 1998. - Mayor -