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HomeMy WebLinkAboutAgenda Report - April 18, 2001 E-034 . 4 CITY OF LODI COUNCIL COMMUNICATION ir AGENDA TITLE: Report of the Sale of Scrap Metal MEETING DATE: April 18, 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 January 17, 2001, the City Council authorized the sale of scrap wire and metal which accumulates during the course of normal utility operations in calendar year 2001. On February 23, the Purchasing Divison sent out Request for Bids for the first sale for 2001 of accumulated lots of scrap metal based on estimated weights of aluminum, copper, and scrap iron on hand as of that date. Bid forms were sent to Sunshine Steel Enterprises, Sacramento and to B&G Machinery, Lodi, and both responded prior to the March 9 deadline for submitting bids. Bids received yielded the following results: Sunshine Steel, Sacramento B & G Machinery, Lodi $2,640.28 $2,640.00 On April 3, 2001 Sunshine Steel Enterprises, Sacramento was awarded the bid based on estimated revised weights as of March 9. They paid $6,557.70 for the following items: Insulated Aluminum Bare and Insulated Copper Insulated AI/Concentric Copper Scrap Iron 18,518 lbs. 2,722 lbs. 3,205 lbs. 1 lot FUNDING: None required. Revenue generated: $6,557.70 Account Credited: 1601.5391 Prepared by Joel Harris, Purchasing Officer APPROVED: Vicky M thie, Finance Director H. Dixon Flynn -- ity Manager 4