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HomeMy WebLinkAboutAgenda Report - October 5, 1994 (56)OP CITY OF LODI COUNCIL COMMUNICATION AGENDA TITLE: Report of Sale of Scrap Metal MEETING DATE: October 5, 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 September 9, 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 five scrap metal dealers; two responded. The high bidder, B & G Machinery of Lodi, paid $5,116.66 for the items listed below. Insulated Aluminum 4,234 lbs. Insulated Copper 4,078 lbs. Bare Copper 781 lbs. Copper Pipe 89 lbs. Brass Fittings 965 lbs. Scrap Iron 1 lot The other dealer submitting a bid, Sunshine Steel Enterprises of Sacra- mento, made an offer totaling $3,654.13. FUNDING: None required. Revenue generated: $5,116.66 x n F I # nn, Tinance ire r Prepared by Joel Harris, Purchasing Officer APPROVE __ 0 % ` THOMAS A. PETERSON ,scvc�aa c�w� � City Manager J cc• 1