HomeMy WebLinkAboutAgenda Report - November 20, 1996 (70)CITY OF LODI COUNCIL COMMUNICATION
AGENDA TITLE: Report of Sale of Scrap Metal
MEETING DATE: November 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 November 6, 1996, the Purchasing Division completed the fourth sale of accumulated lots of scrap
metal. The high bidder, Modesto Junk Company, paid $4,063.72 for the items listed below.
Insulated Aluminum
5,575 lbs.
Insulated Copper
2,975 lbs.
Bare Copper
328 lbs.
Scrap Iron
5,404 lbs.
Bid forms were sent to four scrap metal dealers; all responded. Following is a summary of the
bids received:
Modesto Junk Co., Modesto
$4,063.72
Sunshine Steel, Sacramento
$3,479.71
Allsafe Industrial, Victor
$3,300.00
B & G Machinery, Lodi
$2,632.06
FUNDING:
Prepared by Joel Harris, Purchasing Officer
None required. Revenue generated: $4,063.72.
Vicky McAthie, Finance Director
APPROVED:
H. DIXON FL NN
Cfty Manager