HomeMy WebLinkAboutAGENDA REPORT 1994 0907 CC REG ITEM 08FITEM ?, �.
AGENDA REPORT q
CITY OF MOORPARK !!
TO: The Honorable City Council ,
FROM: Baldemar Troche, Public works Management Analygt�
DATE: August 16, 1994 (CC Meeting of September 7, 1994)
SUBJECT: Annual Cost -of- Living Adjustment for Street Sweeping
Contract
BACKGROUND
In May of 1990 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 for the twelve month period ending the previous May.
DISCUSSION
The change in the C.P.I. for the designated period was 0.9 %. Based
on this information, the amount of the cost -of- living adjustment
for Fiscal Year 1994/95 is calculated as follows:
Current CPI Adjusted
Item Costs ($} Change Costs ($)
Curb Mile Rate
Monthly Costs
City
Metrolink Parking Lots
St. Meadow Parking Lots
Tierra Rejada Median
Refuse Handling
Refuse Disposal
State Hwys
Refuse Handling
Refuse Disposal
Total Monthly Cost
12.27
+.11
12.38
4,623.13
+41.45
4,664.58
455.00
455.00
20.00
20.00
25.28
25.28
229.75
229.75
205.15
205.15
380.17
+3.40
383.57
20.25
20.25
18.08
18.08
5,976.81
+44.85
6,021.66
Total Annual Costs 71,721.72 538.20 72,259.92
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 is necessary.
RECOMMENDATION
Receive and file the report.