PARK DIST – COMPETITIVE BIDS

Amends the Park District Code. Provides that specified contracts related to supplies, materials, or work involving an expenditure in excess of $30,000 (rather than $25,000), or a lower amount if required by board policy, must be competitively bid. Provides that all competitive bids for contracts involving an expenditure in excess of $30,000 (rather than $25,000), or a lower amount if required by board policy, must be sealed by the bidder and must be opened by a member or employee of the park board at a public bid opening at which the contents of the bids must be announced. Effective immediately.