Loading...
Resolution No. 6973 41 RESOLUTION NO. 6973 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 May 2023 to $153,000 for the construction, improvement, repair, or maintenance of public works and $76,000 for professional services contracts related to public works projects; and WHEREAS, these limits shall be updated annually, based on the May 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 0.9% from May 2023 to May 2024. 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 $154,000, effective July 1, 2024. 2. Professional services contracts related to public works is $77,000, effective July 1, 2024. 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 10th day of June, 2024. OR OF TH. CITY OF CYPRESS ATTEST: CITY LEFRK OF THE CITY 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 10h day of June, 2024, by the following roll call vote: AYES: 5 COUNCIL MEMBERS: Burke, Mallari, Marquez, Peat and Minikus NOES: 0 COUNCIL MEMBERS: None ABSENT: 0 COUNCIL MEMBERS: None Yel/l4 1( CITY RK OF THE CITY OF CYPRESS