HomeMy WebLinkAboutAgenda Report - October 1, 1997 (59)CITY OF LODI COUNCIL COMMUNICATION
AGENDA TITLE: Report of Sale of Scrap Metal
MEETING DATE: October 1, 1997
SUBMITTED BY: Finance Director
RECOMMENDED ACTION: Information only. This report is made to the City Council in
compliance with Lodi Municipal Code Section 2.12.120.
BACKGROUND INFORMATION: On January 15, 1997, the City Council authorized the sale of scrap
wire and metal .which accumulates during the course of normal
utility operations in calendar year 1997.
On September 15, 1997, the Purchasing Division completed the fourth sale of accumulated lots of scrap metal. The
high bidder, Modesto Junk Company, paid $4,283.90 for the items listed below.
Insulated Aluminum
5,018 lbs.
Insulated Copper
1,731 lbs.
Bare Copper
798 lbs.
Scrap Iron
8,404 lbs.
Scrap Metal
1 lot
Bid forms were sent to five scrap metal dealers-, two responded. Following is a summary of the bids
received:
Modesto Junk Co., Modesto $4,283.90
Sunshine Steel, Sacramento $3,957.72
No response was received from the following prospective bidders:
Allsafe Industrial, Victor
B & G Machinery, Lodi
I B International, Yorba Linda
FUNDING:
Prepared by Joel Harris, Purchasing Officer
None required. Revenue generated: $4,283.90.
Vicky McAthie, Vinance Director
APPROVED: t1
H `DIXON FL'
City Manager