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Resolution No. 4031RESOLUTION NO. 4031 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CYPRESS ESTABLISHING AN AMOUNT AT WHICH BIDDING IS NOT REQUIRED PURSUANT TO SECTION 21A -9 OF THE CODE OF THE CITY OF CYPRESS. WHEREAS, State Law and Section 21A -9(b) authorizes the City Council by Resolution to determine a dollar amount at which the cost of bidding exceeds the benefit to the City; and WHEREAS, the City Council last considered this dollar amount in 1976; and WHEREAS, inflation and the cost of living have greatly reduced the practicality of the prior limit; and WHEREAS, frequently the cost of preparing the necessary bid documents exceeds the present two - hundred -fifty dollar ($250.00) limit. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF CYPRESS DOES HEREBY RESOLVE, DETERMINE, AND ORDER AS FOLLOWS: SECTION 1. Bidding shall not be required for the purchase or acquisition of any supply, equipment, or service with an estimated value of less than one - thousand dollars ($1,000.00). SECTION 2. Any prior Resolution or policy adopted which is in conflict herewith is hereby superseded and repealed. SECTION 3. The City Clerk shall certify as to the adoption of this Resolution. ADOPTED AND ADOPTED by the City Council of the City of Cypress at a regular meeting held on the 13th day of January 1992. ATTEST: STATE OF CALIFORNIA ) SS COUNTY OF ORANGE ) I, DARRELL HEREBY CERTIFY that regular meeting of January 1992; by the AYES: 5 NOES: ABSENT: 0 COUNCIL MEMBERS: None MAYOR OF THE CITY OF CYPRESS ESSEX, City Clerk of the City of Cypress, DO the foregoing Resolution was duly adopted at a the said City Council held on the 13th day of following roll call vote: COUNCIL MEMBERS: Age, Bowman, Kerry, Nicholson, and Partin 0 COUNCIL MEMBERS: None CITY CLERK OF T I CITY PRESS