Youngstown OKs new garbage receptacles for residents

YOUNGSTOWN

City residential garbage customers should expect new 96-gallon receptacles delivered to their homes in the next six to eight weeks.

City council unanimously approved legislation tonigh to permit the board of control to borrow up to $1,075,000 to be repaid over the next 10 years for 21,500 new bins.

That’s $50 each with an interest rate of 3.5 percent. But city Finance Director David Bozanich said the interest rate will probably be 3 percent and the city will likely be able to buy them for $48.50 each.

The city is expected to hire a new company for garbage collection next month with a contract taking effect May 1.

Council also agreed to give the board of control authority to spend up to $2.5 million this year for demolition, site clearance, backfill, grading and asbestos abatement.

For the complete story, read Thursday’s Vindicator and Vindy.com