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HomeMy WebLinkAboutAgenda Report - September 2, 1992L or CITY OF LODI COUNCII. COMMUNICATION AGENDA TITLE: Report to the City Council - Sale of Scrap Metal MEETING DATE: September 2, 1992 PREPARED BY: Finance Director RECOMMENDED ACTION: None required. This report is made to the City Council in compliance with Lodi Municipal Code section 2.12.120. BACKGROUND INFORMATION: On July 15, 1992, the City Council authorized 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, B & G Machinery of Lodi, paid $3,948.72 for the items listed below. The sale was completed on August 12, 1992. Insulated Aluminum 4,155 lbs. Insulated Copper 2,805 lbs. Bare copper 556 lbs. UG Cable 175% Aluminum, 25% copper) 254 lbs. Transformer Casings 1 lot Scrap Iron 1 lot FUNDING: None required. Revenue generated: $3,948.72. Dixon Flynn, FinaAce Director Prepared by Joel Harris, Purchasing Officer APPROVED THOMAS A. PETERSON recycled paper City Manager � - J LFM