Loading...
HomeMy WebLinkAboutAgenda Report - January 4, 2006 E-03AGENDAITEM CITY OF LODI COUNCIL COMMUNICATION M AGENDA TITLE: Authorize the sale of scrap wire and metal during 2006 MEETING DATE: January 4, 2006 PREPARED BY: Interim Electric Utility Director E-03 RECOMMENDED ACTION: That the City Council authorize the sale of scrap wire and metal at periodic intervals during the calendar year 2006. BACKGROUND INFORMATION: During maintenance and installation operations the City utility departments generate quantities of scrap wire and metal, which is then accumulated for subsequent sale to scrap metal dealers on a highest -bid basis. Lodi City Code Section 2.12.120 requires City Council approval for sale of surplus property having a value in excess of $2,000. During 2005, sales of scrap wire and metals yielded recovery of $8,098.78 in prior materials costs. It is projected that the City will hold sale bids for scrap metal at least three times during 2006, in January, June, and October. Therefore, it is staffs recommendation that the City Council authorize the sale of scrap wire and metal as is necessary during 2006, and require a report of such sales in accordance with City Code. FISCAL IMPACT: Minor cost recovery is realized through the sale of scrap metals. FUNDING: None required. Dave Dockham, Interim Electric Utility Director Prepared by Joel Harris, Purchasing Officer APPROVED: Blair King -,-City Manager