HomeMy WebLinkAboutAgenda Report - July 19, 1995 (43)CITY OF LODI
COUNCIL COMMUNICATION
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AGENDA TITLE: Report of Sale of Scrap Metal
MEETING DATE: July 19, 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 July 11, 1995, the Purchasing Department completed the sale of accumulated lots of scrap metal.
The high bidder, Sunshine Steel Enterprises of Sacramento, paid $5,242.71 for the items listed below.
Insulated Aluminum 8,874 lbs.
Insulated Copper 1,781 lbs.
Bare Copper 795 lbs.
Scrap Iron 1 lot
Bid forms were sent to five scrap metal dealers; four responded. Following is a summary of
the bids received:
Sunshine Steel, Sacramento $5,242.71
Modesto Junk Co., Modesto $5,014.70
Allsafe Industrial, Victor $4,417.41
B & G Machinery, Lodi $3,272.32
FUNDING: None required. Revenue generated: $5,242.71.
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Ij: D. Flynn, Finance Director
Prepared by Joel Harris, Purchasing Officer
APPROVED: \
THOMAS A. PETERSON
City Manager
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