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  2. Finance Committee - Minutes - 8/2/2017 - P17

Finance Committee - Minutes - 8/2/2017 - P17

By dnadmin on Mon, 11/07/2022 - 10:21
Document Date
Wed, 08/02/2017 - 00:00
Meeting Description
Finance Committee
Document Type
Minutes
Meeting Date
Wed, 08/02/2017 - 00:00
Page Number
17
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/fin_m__080220…

Finance Committee - 8/2/2017 Page 17

Mayor Donchess

It’s running down. So what they do is they buy a big bunch of them and they’re for sale to the public. They get
a whole group and they sell them gradually. They’re selling like | think fairly rapidly — 20 to 30 at a time in the
course of a week maybe. Then they buy a big supply. They sell those until they get down close to running out
and then they buy another set of them.

Alderman Cookson

So at $60 apiece, $145,000 goes in about 2,400 times.

Dan Kooken

We buy them in a truck load lot so that we’re taking advantage of the freight. These are a lot of air even
though they nest them together. So they do buy in a truck load lot. I’m not specifically aware of exactly how
many that is. | can get that for you if you need that.

Alderman Cookson

So again | just took the $145,000 and divided it by 60 which is the approximate price which | just heard,
correct? So it leaves me with about 2,400 toters that are available. You said a majority of those are going into

the recycling area. Some left for trash pickup. My understanding correct me if I’m wrong | thought that only the
recycling bins were available for purchase and that the trash bins were provided to the citizens of Nashua.

Mayor Donchess

That’s correct.

Alderman Cookson

Is there a need for trash cans?

Mayor Donchess

The vast majority of this is recycling. They’re selling | believe the figure is 20 to 30 a week. This is a supply so
that would be 1,000 to 1,500 a year. So this is a supply that would last a year to two years.

Alderman Cookson

80 weeks. You said 20 to 30 a week. So it would last 80 weeks.
Mayor Donchess

A ballpark. Let’s say somewhere between a year and two years.
Dan Kooken

| think we'd have to verify the calculations. It seems a little off to me. We're buying them in truckload lots. It
seems like we buy at least a couple times a year.

Mayor Donchess

| don’t’ think that’s correct.

Page Image
Finance Committee - Minutes - 8/2/2017 - P17

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