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HomeMy WebLinkAboutAgenda Report - May 17, 2000 E-034 # 4 CITY OF LODI COUNCIL COMMUNICATION 4 AGENDA TITLE: Report of the Sale of Scrap Metal MEETING DATE: May 17, 2000 PREPARED BY: Finance Director 4 CC2 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 January 5, 2000, the City Council authorized the sale of scrap wire and metal which accumulated during the course of normal utility operations in calendar year 2000. On April 25, 2000, the Purchasing Division completed the second sale for 2000 of accumulated Tots of scrap metal. The sole bidder, Sunshine Steel Enterprises of Sacramento, paid $1,956.78 for the following items: Insulated Aluminum Bare and Insulated Copper Insulated AI/Concentric Copper Scrap Iron 2,118 lbs. 2,502 lbs. 2,645 lbs. 1 lot Bid forms were sent to four scrap metal dealers; one responded prior to the deadline for submitting bids: Sunshine Steel Enterprises, Sacramento $1,956.78 B & G Machinery, Lodi Bid Submitted Late Allsafe Industrial, Victor No Response Costello Salvage, Castro Valley No Response FUNDING: None required. Revenue generated: $1,956.78 Account Credited: 1601.5391 Prepared by Joel Harris, Purchasing Officer APPROVED: 1kr« 1. k. Vicky McAthie, Fin'ance Director / H. DixonFlynn — City -Manager 05/02/00