Youngstown residents to get new trash bins, new service this spring

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 this evening 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 probably will be 3 percent, and the city likely will 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.

Its contract with Waste Management Inc. expires April 30 with neither side interested in renewing a deal, Bozanich said.

The receptacles should lower the cost of the garbage-collection contract by 15 percent, he said. On Tuesday, he said it would be a 10-percent savings, but increased the savings when re-examining the numbers.

Council also agreed to let the board of control give $500,000 in water and wastewater funds to the Central YMCA of Youngstown, which is planning a $5 million renovation project. The project includes about $900,000 in water and wastewater improvements, according to the YMCA.

Read more about the new garbage service in Thursday's Vindicator or on Vindy.com.