HomeMy WebLinkAboutAgenda Report - November 4, 1998 (49)1
CITY OF L0DI COUNCII, COMMUNICATION
AGENDA TITLE: Report of the Sale of Scrap Metal
MEETING DATE: November 4, 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 October 2, 1998, the Purchasing Division completed the third sale for 1998 of accumulated lots of
scrap metal. The high bidder, Modesto Junk Company, paid $9,099.60 for the items listed below.
Insulated Aluminum
Scrap Iron
32,020 lbs.
29,300 lbs.
Bid forms were sent to four scrap metal dealers. A summary of the bids received is as
follows:
Modesto Junk Company, Modesto
Sunshine Steel Enterprises, Sacramento
B & G Machinery, Lodi
Allsafe Industrial, Victor
$9, 099.60
$5,730.24
No bid
No bid
FUNDING: None required. Revenue generated: $9,099.60
Account Credited: 160.5391
Prepared by Joel Harris, Purchasing Officer
APPROVED:
CC2.DOC
for Vicky4t11cAthie, Finance Director
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/ H. Dixon Flynn City Manager
10/23198