Any contract involving a consideration in excess of five thousand dollars ($5,000) shall be approved by a majority of Council before the City enters into the same. Public improvement contracts involving a consideration in excess of five thousand dollars ($5,000) shall be subject to Section 109 of the City Charter. The City shall not perform any public work where the cost thereof exceeds an estimated five thousand dollars ($5,000), except in accordance with Section 107 of the City Charter.
(1974 Code § 1.262)