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HomeMy WebLinkAboutAgenda Report - April 1, 1992 (45)CITY OF LODI PGEI�M TITLE: Report to the City Council - Sale of Scrap Metal MEETING DATE: April 1, 1992 PREPARED BY: Finance Director RfDCMM \DED ACTION: None required. This report is made to the City Council in compliance with Lodi Municipal Code section 2.12.120. BACKGROUND INFORMATION: On February 5. 1992, the City Council auth- orized the sale of various lots of scrap metal which had accumulated during the course of normal utility department operations. Bid forms were mailed to five scrap metal dealers; two responded. The high bidder, Sunshine Steel Enterprises of Sacramento, paid $3,103.04 for the items listed below. in the sale which was completed on March 17, 1992. Insulated Aluminum 2,575 lbs. Insulated Copper 1,323 lbs. Bare Copper 657 lbs. c� UG Cable (75%Aluminum, 25% Copper) 6,219 lbs. Copper Pipe 205 lbs. Lead Pipe 1,015 lbs. Brass Pipe Fittings 1.018 lbs. Scrap Iron 1 lot FUNDING: None required. Income generated: $3,103.04, jiixon Flynn, Fina ce Director , Prepared by Joel Harris, Purchasing Officer .i ._aA ✓. �...� M