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HomeMy WebLinkAboutAgenda Report - August 1, 2001 E-034 CITY OF LODI COUNCIL COMMUNICATION AGENDA TITLE: MEETING DATE: PREPARED BY: RECOMMENDED ACTION: BACKGROUND INFORMATION: Report of the Sale of Scrap Metal August 1, 2001 Finance Director Information only. This report is made to the City Council in accordance with Lodi Municipal Code Section 2.12.120. 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 June 9, the Purchasing Divison sent out Request for Bids for the second 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 June 22 deadline for submitting bids. The high bidder, B & G Machinery of Lodi, paid $3,609.48 for the following items: Insulated Aluminum Bare and Insulated Copper Insulated AI/Concentric Copper Scrap Iron 5,676 lbs. 3,265 lbs. 7,601 lbs. 1 lot The other bidder, Sunshine Steel Enterprises of Sacramento, submitted a bid totalling $2,541.71. The sale was completed on July 18, 2001. FUNDING: None required. Revenue generated: $3,609.48 Account Credited: 1601.5391 Prepared by Joel Harris, Purchasing Officer APPROVED: Vicky McAthie, Finance Director H.Dixon Flynn -- ty Manager • r f