HomeMy WebLinkAboutAgenda Report - January 19, 1994 (38)CITY OF LODI
COUNCIL COMMUNICATION
AGENDA TITLE: Sale of Scrap Wire and Metal During 1994
MEETING DATE: January 19, 1994
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 1994.
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 1994, in February, June, 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 1994, and require report of all such sales with-
in thirty days of their completion.
The current quantities of scrap wire and metal to be advertised for sale
in February are as follows:
Bare/Insulated Aluminum Wire 3,300 lbs.
Insulated Copper Wire 2,400 lbs.
Bare Copper Wire 550 lbs.
UG Cable (75% Aluminum, 25% Copper) 1,800 lbs.
Scrap Transformers (15), Capacitors (4),
and Switches (2) 1 Lot
Scrap Iron 1 Lot
FUNDING: None required. Estimated total revenue from the
February sale of scrap wire and metals is $2,000.
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Prepared by Joel Harris, Purchasing Officer
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APPROVED:
THOMAS A. PETERSON rscyclod Paw
City Manager A
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