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HomeMy WebLinkAboutAgenda Report - April 16, 1997 (51)CITY OF LO D I COUNCIL COMMUNICATION AGENDA TITLE: MEETING DATE: SUBMITTED BY: Report of Sale of Scrap Metal April 16, 1997 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 April 3, 1997, the Purchasing Division completed the second sale of accumulated lots of scrap metal. The high bidder, Modesto Junk Company, paid $4,210.24 for the items listed below. Insulated Aluminum Insulated Copper Bare Copper Scrap Iron Copper Pipe Lead Pipe Brass Valves & Fittings 3,619 lbs. 1,133 lbs. 297 lbs. 19,053 lbs. 200 lbs. 250 lbs. 1,125 lbs. Bid forms were sent to four scrap metal dealers; three responded. Following is a summary of the bids received: Modesto Junk Co., Modesto $4,210.24 Sunshine Steel, Sacramento $3,344.02 B & G Machinery, Lodi $3,332.05 Allsafe Industrial, Victor No Bid FUNDING: None required. Revenue generated: $4,210.24. Prepared by Joel Harris, Purchasing Officer l APPROVED: c`hi;C „��---) H. DIXON FLYNN City Manager „1/4k0,_._,\(\ ` Vicky McAthic, Finance Director