HomeMy WebLinkAboutAGENDA REPORT 1995 0705 CC REG ITEM 08DI �'� ���- JCL =�,.► ._
AGENDA REPORT 17
CITY OF MOORPARK �k7
TO: The Honorable City Counc:1 -
FROM: Baldemar Troche, Public Works Management Analyst,
DATE:. June 22, 1995 (CC Meeting of July 5, 1995)
SUBJECT: Annual Cost -of- Living Adjustment for Street Sweeping
Contract
BACKGROUND
In January of 1995 the City entered into a five year contract with
Pacific Power Sweep for street sweeping services. That contract
provides for an automatic annual cost -of- living adjustment (not to
exceed 7 %) in the contract price. The automatic adjustment shall
occur each July and shall be based on the change in the Consumer
Price Index (CPI) for the twelve month period ending the previous
May. As stated in the contract, the CPI for all Urban Consumers in
the Los Angeles- Anaheim - Riverside area is utilized.
DISCUSSION
The change in the CPI for the designated period was 2.4 %. Based on
this information, the amount of the cost -of- living adjustment for
Fiscal Year 1995/96 is calculated as follows:
Item Current CPI Adjusted
-
Cos s (S)_ Change Costs (Sl
Curb Mile Rate
12,38
+.30
12.68
Monthly Costs
City
4,664.58
+113.03
4,777.61
Metrolink Parking
Lots 455.00
455.00
St. Meadow Parking
Lots 20.00
20.00
Tierra Rejada Median
2'5.28
25.28
Refuse Handling
'1.00
0.00
Refuse Disposal
).00
0.00
State Hwys
38.3.57
+9.30
392.87
Refuse Handling
0.00
0.00
Refuse Disposal
_ ---Q -
0.00
Total Monthly Cost
5,548.43
+122.33
5,670.76
Total Annual Costs
66,58.16
1,467.96
68,049.12
An amount of $75,300
was budgeted for street
sweeping
costs, CPI
adjustment, and any minor additions to the
scope of
work. The
annual cost -of- living
adjustment is stipulated in the
contract to
be effective July 1.
No approval i.-s necessary.
RECOMMENDATION
Receive and file the report.
000.59