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Staff Report to the Mayor and City Council <br />Solid Waste Franchise Agreement - Discussion <br />September 19, 2023 <br />Page 4 <br /> <br /> <br /> <br />The City would not realize an estimated $798,509 per year from 8.7% CPI increase to residential <br />customers of $2.82/month, as CR&R would not implement until July 1, 2024. This would also <br />result in no increase in Franchise Fees of an estimated $118,426. <br /> <br />ALTERNATIVES <br /> <br />1. Continue with the existing Franchise Agreement, which expires June 30, 2026, and then <br />solicit Requests for Proposals. <br /> <br />ATTACHMENT <br />1. Colton Contract Presentation 9-19-23 (FINAL) <br />1 <br />Packet Pg. 10