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HomeMy WebLinkAboutAgenda Report - January 15, 1997 (75)g. CITY OF LODI COUNCIL COMMUNICATION s: AGENDA TITLE: Sale of Scrap Wire and Metal During 1997 MEETING DATE: January 15, 1997 SUBMITTED BY: Finance Director RECOMMENDED ACTION: That the City Council authorize the sale of scrap wire and metal at periodic intervals during the calendar year 1997. BACKGROUND INFORMATION: During the course of operations the City utility departments generate quantities of scrap wire and metal. Periodically, the City will sell such quantities to scrap metal dealers on a highest -bid basis. It is projected that the City will hold sale bids for scrap metal at least three times during 1997, in February, June, and October. Therefore, it is staffs recommendation that the City Council authorize the advertisement and sale of scrap wire and metal, in accordance with City Code, as is necessary during 1997, and require report of all such sales within thirty days of their completion. FUNDING: Prepared by Joel Harris, Purchasing Officer APPROVED: None required. (Total revenue generated during 1996 from the sale of scrap wire and metal was $13,694.71). Vicky McAthi , Finance Director City Manager