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Resolution No. 6913 319 RESOLUTION NO. 6913 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CYPRESS, AND ACTING AS EX-OFFICIO GOVERNING BOARD OF DIRECTORS OF THE CYPRESS RECREATION AND PARK DISTRICT, TO UPDATE THE FORMAL BID LIMIT FOR PUBLIC WORKS PROJECTS WHEREAS, the City updated the contract limits in 2008 to $100,000 for the construction, improvement, repair, or maintenance of public works and $50,000 for professional services contracts related to public works projects; and WHEREAS, these limits shall be updated, based on the cost index for construction costs in Los Angeles area as published by ENGINEERING NEWS-RECORD, New York, New York, by resolution of city council; and WHEREAS, the index increased by 34.2% from 2008 to 2022. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Cypress updates public works contract limits as follows: 1. Contracts for the construction, improvement, repair, or maintenance of public works is $134,000. 2. Professional services contracts related to public works is $67,000. PASSED AND ADOPTED by the City Council of the City of Cypress, and acting as ex-officio governing Board of Directors of the Cypress Recreation and Park District, at a regular meeting held on the 24th day of October, 2022. d� i iI MA OR OF THE CITY OF CYPRESS ATTEST: \ALL.---- 1/4)\..SQ CITY CLERK OF THE TY OF CYPRESS STATE OF CALIFORNIA } COUNTY OF ORANGE } ss I,ALISHA FARNELL, City Clerk of the City of Cypress, DO HEREBY CERTIFY that the foregoing Resolution was duly adopted at a regular meeting of the said City Council held on the 24th day of October, 2022, by the following roll call vote: AYES: 4 COUNCIL MEMBERS: Minikus, Peat, Hertz-Mallari and Morales NOES: 1 COUNCIL MEMBERS: Marquez ABSENT: 0 COUNCIL MEMBERS: None \A-u,s2,--411fa CITY CLERK OF THE CITY OF CYPRESS