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HomeMy WebLinkAboutAgenda Report - April 6, 1994 (85)f OciTr of Looi C=OUNCIL COMMUNICATION AGENDA TITLE: Report of Sale of Scrap Metal MEETING DATE: April 6, 1994 PREPARED 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 Parch 14, 1994, the Purchasing Department completed the sale of various lots of scrap wire and metal which had accumulated during the course of normal utility department operations. Bid forms were mailed to six scrap metal dealers; two responded. The high bidder, B & G Machinery of Lodi, paid $3,377.34 for the items listed below. Insulated Aluminum 4,725 lbs. Insulated Copper 3,583 lbs. Bare Copper 377 lbs. Alum/Copper Cable 1,980 lbs. Copper Pipe 275 lbs. Lead Pipe 510 lbs. Brass Fittings 150 lbs. Transformer Casings, Lumioaire Housings, and Scrap Iron ; lot The other dealer submitting a bid, Sunshine Steel Enterprises of Sacra- mento, made an offer totaling $2,667.83. FUNDING: None required. Revenue generated: $3,377.34 x n Flynn, inane irec or APPROVED: THOMAS A. PETERSON recycdaa papa City Manager CC.1