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HomeMy WebLinkAboutAgenda Report - December 1, 1998 (36)4 CITY OF L0DI COUNCII, COMMUNICATION 4 AGENDA TITLE: Report of the Sale of Scrap Metal MEETING DATE: December 1, 1998 PREPARED 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 November 17, 1998, the Purchasing Division completed the fourth sale for 1998 of accumulated Tots of scrap metal. The sole bidder, Sunshine Steel Enterprises of Sacramento, paid $2,786.52 for the items listed below. Insulated Aluminum Bare and Insulated Copper Scrap Iron 5,742 lbs. 2,186 lbs. 1 lot Bid forms were sent to three scrap metal dealers; only Sunshine Steel responded: Sunshine Steel Enterprises, Sacramento B & G Machinery, Lodi Allsafe Industrial, Victor $2,786.52 No bid No bid FUNDING: None required. Revenue generated: $2,786.52 Account Credited: 160.5391 Prepared by Joel Harris, Purchasing Officer APPROVED: CC2.DOC Y Vicky McAthi , Finance Director �14 A'n H. Dixon Flynn -- City Manager a 11117!98 r