HomeMy WebLinkAboutAgenda Report - January 4, 1995 (43)OF
CITY OF LODI
COUNCIL COMMUNICATION
AGENDA TITLE: Sale of Scrap Wire and Metal During 1995
MEETING DATE: January 4, 1995
PREPARED BY: Finance Director
RECOMMENDED ACTION: That the City Council authorize the sale of scrap
wire and metal at periodic intervals during the
calendar year 1995.
BACKGROUND INFORMATION: During the course of operations the City utility
departments generate quantities of scrap wire and
metal. Periodically, the City will sell such
quantities to scrap metal dealers on a highest -bid basis.
It is projected that the City will hold sale bids for scrap metal at least
three times during 1995, in January, May, and October. Therefore, it is
staff's recommendation that the City Council authorize advertisement and
sale of scrap wire and metal, in accordance with City Code, as is neces-
sary during calendar year 1995, and require report of all such sales with-
in thirty days of their completion.
FUNDING: None required. Total revenue generated during
1994 from the sale of scrap wire and metal was
about $8,800.
Dixon F ynn, Firnance Director
Prepared by Joel Harris, Purchasing Officer
APPROVED:
THOMAS A. PETERSON recycled paper
City Manager
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