Charter Amendment to Section 8.8 Increasing Purchasing Power to $10,000
Summary
A Charter amendment approved in 1989 provides that sales, purchases, and contracts of more than five thousand dollars ($5,000.00) shall be approved by City Council with competitive bidding required above that amount unless waived by the city council. To adjust for inflation and to reduce administrative costs, it is proposed that Section 8.8 of the Charter be amended to increase from five thousand dollars ($5,000.00) to ten thousand dollars ($10,000.00), this threshold amount for such approvals by council, with future adjustments to this amount to be determined according to procedure established by ordinance.
Introduction Date:
Tuesday, November 8, 2022
Adopted Date:
Tuesday, November 8, 2022
Details
A Charter amendment approved in 1989 provides that sales, purchases, and contracts of more than five thousand dollars ($5,000.00) shall be approved by City Council with competitive bidding required above that amount unless waived by the city council. To adjust for inflation and to reduce administrative costs, it is proposed that Section 8.8 of the Charter be amended to increase from five thousand dollars ($5,000.00) to ten thousand dollars ($10,000.00), this threshold amount for such approvals by council, with future adjustments to this amount to be determined according to procedure established by ordinance.