HomeMy WebLinkAboutAgenda Report - July 21, 1999 E-03a I. 4
CITY OF LODI COUNCIL COMMUNICATION
AGENDA TITLE: Report of the Sale of Scrap Metal
MEETING DATE: July 21, 1999
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 December 16, 1998, the City Council authorized the sale of
scrap wire and metal which accumulates during the course of
normal utility operations in calendar year 1999.
On June 25, 1999, the Purchasing Division completed the second sale for 1999 of accumulated lots of
scrap metal. The high bidder, B & G Machinery of Lodi, paid $2,633.65 for the following items:
Insulated Aluminum
Bare and Insulated Copper
Insulated AI/Concentric Copper
Scrap Iron
7,328 lbs.
656 lbs.
2,075 lbs.
1 lot
Bid forms were sent to three scrap metal dealers; two responded:
FUNDING:
B & G Machinery, Lodi
Sunshine Steel Enterprises, Sacramento
Allsafe Industrial, Victor
$2,633.65
$2,208.52
No Response
None required. Revenue generated: $2,633.65
Accounts Credited: 1001.5391 ( $700.00)
1601.5391 ($1,933.65)
fcky McAthie, Finance Director
Prepared by Joel Harris, Purchasing Officer
APPROVED:
CC2
H. Dixon Flynn — City Manger
06/29/990