HomeMy WebLinkAboutAgenda Report - February 19, 1997 (82),k
CITY OF LO D I COUNCIL COMMUNICATION
4:
AGENDA TITLE: Report of Sale of Scrap Metal
MEETING DATE: February 19, 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 January 31, 1997, the Purchasing Division completed the first sale of accumulated lots of scrap metal.
The high bidder, Modesto Junk Company, paid $4,192.50 for the items listed below.
Insulated Aluminum 2,511 lbs.
Insulated Copper 3,738 lbs.
Bare Copper 455 lbs.
Scrap Iron 8,375 lbs.
Bid forms were sent to four scrap metal dealers; three responded. Following is a summary of the
bids received:
Modesto Junk Co., Modesto
$4,192.50
Sunshine Steel, Sacramento
$4,006.35
Allsafe Industrial, Victor
$3,929.77
B & G Machinery, Lodi
No Bid
FUNDING:
Prepared by Joel Harris, Purchasing Officer
None required. Revenue generated: $4,192.50.
Vicky McAthie, Fi ance Director
APPROVED:
H. DIXON FL'
City Manager