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Resolution No. 7623i 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 RESOLUTION NO. 7623 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF VERNON APPROVING AND AUTHORIZING THE EXECUTION OF A ONE-YEAR EXTENSION OF CONTRACT NO. 553 (OCTOBER 27, 2000-OCTOBER 26, 2001) BY AND BETWEEN THE CITY OF VERNON AND PCI LTD. THROUGH ITS GENERAL PARTNER, PAVING CONTRACTORS, INC. WHEREAS, Contract No. 553, Traffic Pavement Striping 1999- 2000 Agreement, was awarded to Paving Contractors, Inc., by Resolution No. 7374 on July 13,'1999, for a term of one year; and WHEREAS, said contract provides for annual cost increases based on the consumer price index and for annual extensions thereof; and WHEREAS, in accordance with a Certificate of Limited Partnership filed on December 28, 1999, Paving Contractors, Inc. became the general partner of PCI LTD., a California Limited Partnership; and WHEREAS, Contract No. 553 dated as of October 27, 1999 had an expiration date of August 31, 2000, unless extended; and WHEREAS, Paving Contractors, Inc., the General Partner of PCI LTD., a California Limited Partnership, has requested a one-year extension of said contract with a cost increase; and WHEREAS, the Director of Community Services & Water by letter dated September 13, 2000, has recommended that said contract be extended to October 27, 2001, and has verified that Paving Contractors, Inc., the General Partner of PCI LTD, is eligible for an increase based on the consumer price index. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF VERNON AS FOLLOWS: 1 2 31 4' 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 SECTION 1: The City Council of the City of Vernon hereby finds and determines that the recitals contained hereinabove are true and correct. SECTION 2: The City Council of the City of Vernon hereby approves the Extension of Contract No. 553, October 27, 2000-October 26, 2001, a copy of which is attached hereto as Exhibit "A" and made a part hereof. SECTION 3: The City Council of the City of Vernon hereby authorizes the Mayor and the City Clerk to execute the Extension of Contract No. 553 for, and on behalf of, the City of Vernon. SECTION 4: The City Council of the City of Vernon hereby directs the City Clerk, or his designee, to send one fully executed Agreement to: Paving Contractors, Inc. General Partner of PCI LTD. Attn: William G. Jacob, President 1105 E. Hill Street Long Beach, CA 90806 SECTION 5: The City Clerk of the City of Vernon shall certify to the passage of this resolution, and thereupon and thereafter the same shall be in full force and effect. APPROVED AND ADOPTED this 19th day of September, 2000. ATTES , /Y BRUCE V. MALKENHORST, City Clerk 9`I9.t� LBURG, Ma�� r LEONIS C. MAyor - 2 - 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 STATE OF CALIFORNIA COUNTY OF LOS ANGELES ss I, BRUCE V. MALKENHORST, City Clerk of the City of Vernon, do hereby certify that the foregoing Resolution, being Resolution No. 7623, was duly adopted by the City Council of the City of Vernon at a regular meeting of the City Council duly held on Tuesday, September 19, 2000, and thereafter was duly signed by the Mayor of the City of Vernon. (SEAL) BRUCE V. MALKENHORST, City Clerk - 3 - EXHIBIT 0 EXTENSION OF CONTRACT NO, 553 (October 27, 2000-October 26, 2001) Contract No. 553, Traffic Pavement Striping 1999-2000, entered into by and between the City of Vernon and Paving Contractors, Inc., is hereby extended for a one (1) year period from October 27, 2000 to October 26, 2001, according to the section on "Contract Extension" in the Special Provisions of said Contract. According to the section on "Compensation" in the Special Provisions of said Contract, Paving Contractors, Inc., is granted a price adjustment in accordance with the Consumer Price Index for January l to December 31, 2000, at seventy-five percent (75%) of such Consumer Price Index, which adjustment will be determined when the index changes are issued. In all other respects, the terms and conditions of Contract No. 553, Traffic Pavement Striping 1999-2000, shall remain in full force' and effect. IN WITNESS WHEREOF, the parties hereto have caused this Extension to be executed as of'this day of 2000, in the City of Vernon, California. CITY OF VERNON By: r _ LEONIS C. MAL URG, Ma or ATTEST: By: BRUCE V.- MALKENHORST, City Clerk APPROVED AS TO FORM: By. EDUARDO OLIVO, City Attorney PCI LTD., A CALIFORNIA LIMITED PARTNERSHIP, BY ITS GENERAL PARTNER f)AVIJiG CONTRACTORS, INC. By: \\A� Name: William G_ Jacoh Title: Pretidpnt By: Name: Title: SUPPORTING DOCUMENTS 1 2 3 4 5 6 7 8 9 10 11 12' 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 EXTENSION OF CONTRACT NO. 553 (October 27, 2000-October 26, 2001) Contract No. 553, Traffic Pavement Striping 1999-2000, entered into by and between the City of Vernon and Paving Contractors, Inc., is hereby extended for a one (1) year period from October 27, 2000 to October 26, 2001, according to the section on "Contract Extension" in the Special Provisions of said Contract. According to the section on "Compensation" in the Special Provisions of said Contract, Paving Contractors, Inc., is granted a price adjustment in accordance with the Consumer Price Index for January 1 to December 31, 2000, at seventy-five percent (75%) of such Consumer Price Index, which adjustment will be determined when the index changes are issued. In all other respects, the terms and conditions of Contract No. 553, Traffic Pavement Striping 1999-2000, shall remain in full force and effect. IN WITNESS WHEREOF, the parties hereto have caused this. Extension to be executed as of'this day of 2000 in the City of Vernon, California. CITY OF VERNON By: ��az�2�C'- EONIS C. MATLB G, May r ATTEST: By: BRUCE V. MALKENHORST, City Clerk APPROVED AS TO FORM: By: EDUARDO OLIVO, City torney PCI LTD., A CALIFORNIA LIMITED PARTNERSHIP BY ITS GENERAL PARTNER AVI G CONTRACTORS, INC. By: Name: William G_ Jacob Title: PrPgident By: Name: Title: