City Council

F. Approving and Authorizing Maintenance and Repair Services Agreement\nwith Petrochem Materials Innovation for On-Call Asphalt Maintenance\nand Repair Services - That the City Council adopt Resolution 7433:\nApproving and awarding a Maintenance and Repair Services Agreement to\nPetrochem Materials Innovation, LLC, in a not-to-exceed amount of $330,000\nto provide On-Call Asphalt Maintenance and Repair Services expiring\nDecember 31, 2023, by entering into a cooperative purchase agreement\nbased on the contract between Petrochem Materials Innovation, LLC and the\nCity of Los Angeles (Contract 59680) which allows other government\nagencies to procure and purchase Central Mix REAS using the same prices,\nterms and conditions given by Petrochem Materials Innovation, LLC under\nContract 59580, pursuant to the exemption from competitive bidding\nrequirements set forth in Seal Beach Municipal Code Section 3.20.025(D);\nand, 2. Authorizing and directing the City Manager to execute the Agreement;\nand, 3. Authorizing the City Manager the option to extend the Agreement up to\nfive (5) additional one-year terms after its original term, as allowable by the\nCity of Los Angeles Contract 59680, for a not-to-exceed amount of $250,000\nper additional one-year term.