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HomeMy WebLinkAboutCC Res 5488 2006-07-24 RESOLUTION NUMBER 5488 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEAL BEACH CONFIRMING AN ADJUSTMENT TO THE BIDDING THRESHOLD ON PUBLIC WORKS CONTRACTS IN ACCORDANCE WITH SECTION 1010 OF THE CITY CHARTER I WHEREAS, the City Charter requires the City Engineer to adjust the bidding threshold by computing the percentage difference between the current Engineering News Record (ENR) Construction Cost Index - 20 City Average and the ENR for the previous June 1; WHEREAS, the City Charter requires the City Council to review such adjustment at a public hearing and upon Council confirmation, the bidding threshold amount shall be the adjusted figure; WHEREAS, the Engineering New Record Construction Cost Index was 6605 for July 2002 and the bidding threshold was set at $20,000; and WHEREAS, the Engineering New Record Construction Cost Index was 7398 for May 2005 representing a 12% increase. WHEREAS, the Engineering New Record Construction Cost Index is 7721 for July 2006 representing a 4% increase. The City Council of the City of Seal Beach hereby resolves as follows: SECTION I. The City Council hereby confirms the adjustment to the bidding threshold amount to $23,300 as required by City Charter Section 1010. I PASSED, APPROVED AND ADOPTED by the City Council at the City of Seal Beach at a meeting thereof held on the 24th day of Julv , 2006 by the following vote: AYES: councilmember~ ~t1P:.0/~' ~}''7'Jt.oI ~ NOES: Councilmember ~ p ABSENT: Councilmember 'Y'Q.N ABSTAIN: Councilmember ~ I --::blh, L~~ Mayor I STATE OF CALIFORNIA } COUNTY OF ORANGE } SS CITY OF SEAL BEACH } ATTEST: (\ c'/5~ v,1 k/ilt~f City Clerk I, Linda Devine, City Clerk of the City of Seal Beach, California, do hereby certify that the foregoing resolution is the original copy of Resolution Number 5488 on file in the office of the City Clerk, passed, approved, and adopted by the City Council of the City of Seal Beach at a regular meeting thereof held on the 24th day of Julv , 2006. (&~~~ J)/~~I City lerk