HomeMy WebLinkAboutAGENDA REPORT 1992 1007 CC REG ITEM 08I// U, L--,U
MOORPARK STEM 8•I,
799 Moorpark Avenue Moorpark, California 93021 (805) 529 -6864
MEMORANDUM
TO: The Honorable City Council
FROM: Ken Gilbert, Director of Public Works
DATE: September 14, 1992 (Council Meeting October 71 92* ;1M___.
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SUBJECT: Annual Cost -of- Living Adjustment Of
for Street Sweeping Contract AC N.-
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 3.7 %.
Based on this information, the amount of the cost -of- living
adjustment for Fiscal Year 1992/93 is calculated as follows:
An amount of $65,000 was budgeted for these costs to cover this
adjustment and any minor additions to the scope of work. The
annual cost -of- living adjustment is stipulated in the contract to
be effective July 1. No approval is necessary.
RECOMMENDATION
Receive and file the report.
PAUL W. LAWRASON JR. JOHN E. WOZNIAK SCOTT MONTGOMERY BERNARDO M. PEREZ ROY E. TALLEY JR.
Mayor Mayor Pro Tem Councilmember Councilmember Councilmember
Printed On Recvcled Pang.
Current
Adjusted
Item
Costs ($J
Costs ($)
Curb Mile Rate
11.51
11.94
Monthly Costs
City
4,327.79
4,563.47
State Highways
356.50
369.94
Total
4,684.29
4,933.41
Total Annual Costs
56,211.48
59,200.91
An amount of $65,000 was budgeted for these costs to cover this
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.
PAUL W. LAWRASON JR. JOHN E. WOZNIAK SCOTT MONTGOMERY BERNARDO M. PEREZ ROY E. TALLEY JR.
Mayor Mayor Pro Tem Councilmember Councilmember Councilmember
Printed On Recvcled Pang.