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HomeMy WebLinkAboutAgenda Report - January 17, 1996 (39)CITY OF LODI COUNCIL COMMUNICATION AGENDA TITLE: Sale of Scrap Wire and Metal During 1996 MEETING DATE: January 17, 1996 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 1996. 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 1996, in January, May, 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 1996, and require report of all such sales within thirty days of their completion. FUNDING: Prepared by Joel Harris, Purchasing Officer None required. (Total revenue generated during 1995 from the sale of scrap wire and metal was about $12,780). Vicky McAthie, Finance Director APPROVED: r W. DIXON PLYNN ' City Manager