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HomeMy WebLinkAboutAgenda Report - March 20, 1991 (78)os 4 CITY OF L ppb COUNCIL COMMUNICATION AGENDA TITLE: SALE OF SCRAP WIRE AND METAL MEETING DATE: MARCH 20, 1991 PREPARED BY: FINANCE DIRECTOR RECOMMENDED ACTION: That the City Council authorize the advertisement for bids for the sale of one lot of scrap wire and metal as detailed below. 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, all -or -none basis. The current quantities of scrap metal to be advertised for sale are as follows: Bare Copper 275 lbs. Insulated Copper 700 lbs. Bare Aluminum 265 lbs. Insulated Aluminum 2,800 lbs. Underground Cable 5,000 lbs. Scrap Iron 2,000 lbs. Transformer Casings, Capacitor Casings 1 lot consisting of about 70 shells FUNDING: None required. This sale is expected to generate about $2,500 in income. 01�t`berto md;4— Finance Director APPROVE . THOMAS A. PETERSON City Manager CC•t