City Council

2. Award of a Cooperative Purchase Agreement for a New Parking Application to LAZ\nParking California, LLC for the Vehicle Parking District (VPD) Parking Lots\nIt is recommended that the City Council take the following actions:\n1) Award a cooperative purchase agreement, with an initial three-year term and two\noptional one-year renewals, for a new parking application to LAZ Parking California, LLC\n(LAZ) initially for the Vehicle Parking District (VPD) Lot Operations in the annual amount\nof $28,000, subject to future Consumer Price Index adjustments after the initial three-year\nterm, plus a one-time payment of $20,600 for signs; and\n2) Authorize the City Manager to execute the agreement with LAZ, and any extensions or\namendments thereto including use of the service Citywide, subject to review by the City\nAttorney