Citing a track record of stable rates and flexible services, Palo Alto is preparing to renew its contract with GreenWaste Palo Alto, the trash hauler that has been collecting the city’s garbage, compost and recyclable materials since 2009.

Under a deal that the City Council is scheduled to approve next week, GreenWaste would receive an average of $24.8 million per year for the duration of the four-year term. This includes paying the hauler $1.4 million for vehicle repair and maintenance, and container replacement. It will also allow GreenWaste to continue to store equipment at a city-owned site at 1237 San Antonio Road, next to the area where the nonprofit LifeMoves plans to open its new transitional housing project next year.

Among the chief virtues of the city’s agreement with GreenWas

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