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HomeMy WebLinkAboutAgenda Report - January 17, 2007 E-03ASA rr= GV*3 Crry tF Low COUNCIL COMMUNICATION TM AGENDATFTLE: Authorl0s the nab of scrap wMe and nwW during calendar year 2007 (EUD) MEETWO DATE: January17, 2007 PREPAID NY: Electric: Utility DUeclar RECOMMENDED ACTION: That the City Council authorize the sale of scrap wire and metal at periodic intervals during the calendar year 2007. 13ACKGODU D INFORMATIOW. During maintenance and construction of the electric distribution system, the Electric Utility Departrnent genersites quantities of scrap wire and metal. These excess materials are accumulated for subsequent sate to scrap metal companies on a highest -bid basis. Lodi Municipal Code Section 2.1.2.120 requires City Council approval for sale of surplus property having a value in excess of $2,000. During 2006, total sales of scrap wire and metals yielded $12,105.70 (that is, $8,033.26 on May 26, 2006 and $4,072.44 on December 27, 2006 respectively) in material cost recovery. It is projected that the City will hold sale bids for scrap metals at least twice during the calendar year 2007, in May and November. Therefore, Staff Is recommending that the City Council authorize the sale of scrap wire and metals as is necessary during 2007, and require a report of such sales in accordance with Lodi Municipal Code. FISCAL IMPACT: This action will provide minor cast recovery. Revenue generated for the sale of scrap metal and wire in calendar year 2006 is $12,105.70. FUNDMO AVAILADLE: Not applicable. A nt ited for the so 1601.5391. Electric Utility Director PREPAREDBY: Demy Bucam*, Jr., P.E., Maroger, Engineering & Operations GFWDBAst APPROVED: Blair King, Aftnager