HomeMy WebLinkAboutAgenda Report - March 20, 1996 (70)°o
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AGENDA TITLE: Report of Sale of Scrap Metal
MEETING DATE: March 20, 1996
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 17, 1996, the City Council authorized the sale of
scrap wire and metal which accumulates during the course of
normal utility operations in calendar year 1996.
On February 29, 1996, the Purchasing Department completed the first sale of accumulated lots of scrap
metal. The high bidder, Modesto Junk Company of Modesto, paid $3,510.38 for the items listed below.
Insulated Aluminum 5,071 lbs.
Insulated Copper 1,490 lbs.
Bare Copper 751 lbs.
Scrap Iron 1 lot
Bid forms were sent to four scrap metal dealers, as well as one private citizen who requested bid
forms. All five responded. Following is a summary of the bids received:
Modesto Junk Co., Modesto $3,510.38
Sunshine Steel, Sacramento $3,145.07
Allsafe Industrial, Victor $2,955.33
B & G Machinery, Lodi $2,693.05
J. D. Bradford, Lodi $ 300.00
FUNDING:
Prepared by Joel Harris, Purchasing Officer
None required. Revenue generated: $3,510.38.
Vicky McAthie, Finance Director
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APPROVED:
H. DIXON FLYNN
City Manager