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HomeMy WebLinkAboutAgenda Report - January 5, 2000 E-034 a 4 4 4 cc2 4 CITY OF LODI COUNCIL COMMUNICATION r � � AGENDA TITLE: Report of the Sale of Scrap Metal MEETING DATE: January 5, 2000 PREPARED BY: Finance Director RECOMMENDED ACTION: Information only. This report is made to the City Council in accordance 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 would accumulate during the course of normal utility operations in calendar year 1999. On December 9, 1999, the Purchasing Division completed the third sale for 1999 of accumulated lots of scrap metal. The sole bidder, B & G Machinery of Lodi, paid $3,339.58 for the following items: Insulated Aluminum Bare and Insulated Copper Insulated AI/Concentric Copper Scrap Iron 9,130 lbs. 2,210 lbs. 12,364 lbs. 1 lot Bid forms were sent to three scrap metal dealers; one responded: B & G Machinery, Lodi Sunshine Steel Enterprises, Sacramento Allsafe Industrial, Victor $3,339.58 No Response No Response FUNDING: None required. Revenue generated: $3,339.58 Account Credited: 1601.5391 Prepared by Joel Harris, Purchasing Officer APPROVED: Vicky McAthi , Finance Director 12/14/99 r