HomeMy WebLinkAboutAgenda Report - November 1, 1995 (59)CITY OF LODi
COUNCIL COMMUNICATION
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AGENDA TITLE: Report of Sale of Scrap Metal
MEETING DATE: November 1, 1995
SUBMITTED 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 January 4, 1995, the City Council authorized the sale
of scrap wire and metal which accumulates during the
course of normal utility operations in calendar year 1995.
On October 12, 1995, the Purchasing Department completed the sale of accumulated lots of scrap
metal. The high bidder, Modesto Junk Company of Modesto, paid $3,773.45 for the items listed below.
Insulated Aluminum
3,150 lbs.
Insulated Copper
2,785 lbs.
Bare Copper
333 lbs.
Scrap Iron
1 lot
Bid forms were sent to four scrap metal dealers;
all responded. Following is a summary of the
bids received:
Modesto Junk Co., Modesto
$3,773.45
Allsafe Industrial, Victor
$3,526.94
Sunshine Steel, Sacramento
$3,302.04
B & G Machinery, Lodi
$3,223.85
FUNDING: None required. Revenue generated: $3,773.45.
U
Vicky McAthie, Acting Finance Director
Prepared by Joel Harris, Purchasing Officer
APPROVED: -��-- --�
H. D. FLYNN
�' City Manager
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