From an article in The Daily Breeze 08/10/06
Daily Breeze - Torrance, Calif.
Author:
Gene Maddaus DAILY BREEZE
Date:
Aug 10, 2006
Text Word Count:
455
Abstract (Document Summary)
Phoenix Waste & Recycling, which has had the exclusive residential franchise for a little longer than a year, had sought an increase of as much as $5, citing the rising cost of gas.
Phoenix submitted a request in June to increase the residential rate to $18.95 per month. In subsequent discussions, Phoenix lowered its asking price to $17.44, and provided spreadsheets showing that its monthly cost of doing business, including a "modest profit," was $16.97 per customer.
City Manager Mitch Lansdell denied the requests, noting that under the contract, Phoenix had to ask for an increase by April 1. Lansdell granted a 4.8 percent increase based on the consumer price index, to $14.25.
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