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HomeMy WebLinkAboutORD NO 3981ORDINANCE NO. 8 9 8 1 AN ORDINANCE AMENDING SUBSECTION F OF SECTION 3.20.090 OF THE BAKERSFIELD MUNICIPAL CODE RELATING TO PERFORMANCE BONDS. WHEREAS, in certain instances where the City itself is performing a public works project and buying materials therefore the requirement of obtaining performance bonds adds unnecessary costs to the City's projects; and WHEREAS, the City Council wishes to clarify the times in which performance bonds will be used. NOW, THEREFORE, BE IT ORDAINED by the Council of the City of Bakersfield as follows: SECTION I. Subsection F of Section 3.20.090 of the Bakersfield Municipal Code is hereby amended to read as follows: 3.20.090 Formal Contract Procedures. F. Performance Bond. Except for the erection of any public building or works, or in furnishing any supplies, equipment and materials for same, to be performed by City's own work forces, the City shall require a faithful performance bond in an amount equal to 100% of the contract price issued by an insurer admitted to transact the class of surety insurance in the State of California. SECTION 2. This Ordinance shall be posted in accordance with the Bakersfield Municipal Code and shall become effective thirty (30) days from and after the date of its passage. .......... o0o .......... -- Page I of 2 Pages ORiGiNAL I HEREBY CERTIFY that the foregoing Ordinance was passed and adopted by the Council of the City of Bakersfield at a regular meeting thereof held on SFP 13 Z0O0 by the following vote: AYES: NOES: ABSTAIN: ABSENT: COUNCILMEMBER CARSON, DEMOND, MAGGARD, COUCH, SULLIVAN, SALVAGGIO COUNCILMEMBER COUNCILMEMBER t,J oN ~.. APPROVED: ~EP 13 Z0Ot~ By: ~I~E,~AYOR CITY OF BAKERSFIELD APPROVED AS TO FORM: BART J. THILTGEN City Attorney Deputy City Attorney ADD:dlr S:\COuNCiL\ords\PerformanceBondsOrd.wpd -- Page 2 of 2 Pages AFFIDAVIT OF POSTING DOCUMENTS STATE OF CALIFORNIA) ) SS. County of Kern ) PAMELA A. MCCARTHY, being duly sworn, deposes and says: That she is the duly appointed, acting and qualified City Clerk of the City of Bakersfield; and that on the 14th day of September , 2000 she posted on the Bulletin Board at City Hall, a full, true and correct copy of the following: Ordinance No. 3981 , passed by the Bakersfield City Council at a meeting held on the 13TM day of September 2000 and entitled: AN ORDINANCE AMENDING SUBSECTION F OF SECTION 3.20.090 OF THE BAKERSFIELD MUNICIPAL CODE RELATING TO PERFORMANCE BONDS. Is/PAMELA A. MCCARTHY City Clerk of the City of Bakersfield S:~Document\FORMS~AOP.ORD.wpd September 14, 2000