HomeMy WebLinkAboutAgenda Report - March 6, 2002 E-034 A. 4
CITY OF LODI COUNCIL COMMUNICATION
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AGENDA TITLE: Report of the Sale of Scrap Metal
MEETING DATE: March 6, 2002
PREPARED BY: Finance Director
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RECOMMENDED ACTION: Information only. This report is made to the City Council in
accordance with Lodi Municipal Code Section 2.12.120.
BACKGROUND INFORMATION: On January 16, 2002, the City Council authorized the sale of
scrap wire and metal which is expected to accumulate during the
course of normal utility operations in calendar year 2002.
In the first sale of the year, on January 18 the Purchasing Divison sent out Requests for Bids for the
following amounts of scrap metal:
Insulated Aluminum
Bare and Insulated Copper
Insulated AI/Concentric Copper
Scrap Iron
4,622 lbs.
2,732 lbs.
4,142 lbs.
1 lot
Bid forms were sent to three scrap metal dealers, two of whom responded prior to the February 1
bid submittal deadline:
Sunshine Steel Ent., Sacramento $3,019.06
B & G Machinery, Lodi $2,875.72
Sims Metal, Stockton No Response
The sale to the high bidder, Sunshine Steel, was completed on February 13, 2002.
FUNDING: None required. Revenue generated: $3,019.06
Account Credited: 1601.5391
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Vicky McAthie, Finance Director
Prepared by Joel Harris, Purchasing Officer
APPROVED: (i? , ,$' ` f K T--6
/ -&-Dixon Flynn -- City Manager
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