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HomeMy WebLinkAboutAgenda Report - July 15, 1992 (67)OCITY OF LODI COUNCIL COMMUNICATION AGENDA TITLE: SALE OF SCRAP WIRE AND METAL MEETING DATE: JULY 15, 1992 PREPARED BY: FINANCE DIRECTOR RECOMMENDED ACTION: That the City Council authorize the advertisement for bids for the sale of one lot of scrap wire and metal. BACKGROUND INFORMATION: During the course of operations the City utility departments generate quantities of scrap wire and metal. Periodically, the City will sell such quantities to scrap metal dealers on a highest -bid, all -or -none basis. The current quantities of scrap metal to be advertised for sale are as follows: Bare/Insulated Aluminum Wire 2,200 lbs. Insulated Copper Wire 900 lbs. Bare Copper Wire 400 lbs. UG Cable (75% Aluminum, 25% Copper) 150 lbs. Transformer Casings (1 Lot of approximately 40 casings) Scrap Iron 1 Lot FUNDING: None required. Estimated total revenue from the sale of thece surplus materials 1s 82,000. l Dixon lynn, Ace Director Prepared by " t l Harris, Purchasing Officer APPROVED THOMAS A PETERSON recycled paper City Manager cc