HomeMy WebLinkAboutAgenda Report - July 2, 1997 (55)�+ CITY OF LOD1
COUNCIL COMMUNICATION
AGENDA TITLE: Report of Sale of Scrap Metal
MEETING DATE: July 2, 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 June 9, 1997, the Purchasing Division completed the third sale of accumulated lots of scrap metal.
The high bidder, Modesto Junk Company, paid S3,142.37 for the items listed below.
Insulated Aluminum
3,623 lbs.
Insulated Copper
1,755 lbs.
Bare Copper
377 Ibs.
Scrap Iron
4,667 tbs.
Bid forms were sent to four scrap metal dealers;
three responded. Following is a summary of the
bids received:
Modesto Junk Co., Modesto
53,142.37
Allsafe Industrial, Victor
52,764.37
Sunshine Steel, Sacramento
52,762.21
B & G Machinery, Lodi
No Bid
FUNDING:
Prepared by Joel Harris, Purchasing Officer
None required. Revenue generated; $3,142.37.
Viclj MCAthie, Finance Director
APPROVED:
l H. DIXON FLYNN
City Manager