1 CITY OF ALAMEDA RESOLUTION NO. _____
AMENDING THE FISCAL YEAR 2023 -24 GENERAL FUND BUDGET
TO APPROPRIATE $72,500 FROM GENERAL FUND RESIDUAL
FUND BALANCE TO CONDUCT FRANCHISE FEE COST REVIEW
FOR COLLECTION, TRANSPORTATION, AND PROCESSING OF
SOLID WASTE, RECYCLING AND ORGANIC MATERIALS
WHEREAS, on May 18, 2021, the City Council approved a 12 -year Franchise Agreement (Agreement) with Alameda County Industries (ACI) for the collection, transportation, and processing of the City’s municipal solid waste, recycling, and organic materials; and
WHEREAS, the Agreement, which became effective July 1, 2021, includes various fees, including franchise fees, which are paid to the City annually and are adjusted annually for CPI; and
WHEREAS, Franchise Fees are calculated as 10% of ACI’s gross rate revenue and received as General Fund revenue annually; and
WHEREAS, based on potential changes to franchise fee setting policy at the state and local level, staff is now proposing moving forward with a franchise fee cost review and development of an updated franchise fee cost model.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Alameda that the proposed amendment to the Fiscal Year 2023 -24 General Fund Budget to appropriate $72,500 from the General Fund Residual fund balance to conduct a franchise fee cost review is approved.
2 * * * * * * *
I, the undersigned, hereby certify that the foregoing Resolution was duly and regularly adopted and passed by the Council of the City of Alameda in a regular meeting assembled on the 5th day of December 2023, by the following vote to wit:
AYES:
NOES:
ABSENT:
ABSTENTIONS:
IN WITNESS, WHEREOF, I have hereunto set my hand and affixed the official seal of said City this 6th day of December 2023.
_____________
Lara Weisiger, City Clerk
City of Alameda
Approved as to form:
Yibin Shen, City Attorney
City of Alameda