HomeMy WebLinkAboutAgenda Report - February 18, 1998 E-03CITY OF LO D I COUNCIL COMMUNICATION
AGENDA TITLE: Report of Sale of Scrap Metal
MEETING DATE: February 18, 1998
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 7, 1998, the City Council authorized the sale of
scrap wire and metal which accumulates during the course
of normal utility operations in calendar year 1998.
On January 30, the Purchasing Division completed the first sale for 1998 of accumulated Tots of scrap
metal. The high bidder, Modesto Junk Company, paid $1,982.79 for the items listed below.
Insulated Aluminum
Scrap Iron
5,971 lbs.
5,860 lbs.
Bid forms were sent to four scrap metal dealers. A summary of the bids received is as follows:
Modesto Junk Company, Modesto
Allsafe Industrial, Victor
Sunshine Steel Enterprises, Sacramento
B & G Machinery, Lodi
$1,982.79
$1,504.26
$1,502.99
$ 983.55
FUNDING: None required. Revenue generated: $1,982.79.
Prepared by Joel Harris, Purchasing Officer
APPROVED:
Vicky McAthie,'Finance Director
//7)
H. DIXON FLYNN
City Manager