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HomeMy WebLinkAboutAgenda Report - November 3, 1993 (54)or, � os CITY OF LODI COUNCIL COMMUNICATION AGENDA TITLE: Advertisement for Bids for the Sale of Surplus Electrical Power Equipment (EUD 93-5) MEETING DATE: November 3, 1993 SUBMITTED BY: Electric Utility Director RECOMMENDED ACTION: That the City Council authorize advertisement for bids for the sale of a surplus power transformer/regulator combination and two surplus power circuit breakers stored at McLane Substation, as is and where is. BACKGROUND INFORMATION: At the January 6, 1993 City Council meeting, the Council adopted a resolution accepting the purchase offer for a sale to an interested vendor of the surplus power transformer/regulator combination from the #1 Bank at McLane Substation. However, this vendor never followed through on the offer to purchase the unit at $28,000 and is no longer interested in the purchase. At this time, it is recommended that the City offer this surplus equipment together with two surplus power circuit breakers (removed from service in 1987) for sale, as is and where is. It is estimated that bids as high as $10,000 may be received from parties interested in this equipment. The bid opening date has been set for 11:00 a.m. on December 2, 1993. FUNDING: Not applicable. Henry J. Rice Electric Utility Director Prepared by Hans Hansen, Asst. Electric Utility Director c: City Attorney Electrical Engineer Purchasing Officer APPROVED: THOMAS ink. PETERSON city Manager W recycled oepw CCEUD93.5/CO.COM CC"'