HomeMy WebLinkAboutAgenda Report - December 18, 2002 E-03a a a lik
CITY OF LODI
AGENDA TITLE:
MEETING DATE:
PREPARED BY:
COUNCIL COMMUNICATION
Report of the Sale of Scrap Metal (FIN)
December 18, 2002
Finance Director
RECOMMENDED ACTION: Information only. This report is made to the City
accordance with Lodi Municipal Code Section 2.12.120.
BACKGROUND INFORMATION: On January 16, 2002, the City Council authorized
scrap wire and metal expected to accumulate during
of normal utility operations in calendar year 2002.
In the fourth sale of the year, the Purchasing Divison on November 4 sent out Requests for
following amounts of scrap metal:
Bare and Insulated Aluminum 4,709 lbs.
Bare and Insulated Copper 2,350 lbs.
Insulated AI/Concentric Copper 5,927 lbs.
Scrap Iron 1 lot
Council in
the sale of
the course
Bids for the
Bid forms were sent to three scrap metal dealers; two responded prior to the November 20 bid
submittal deadline:
Simsmetal America, Stockton
Sunshine Steel Ent., Sacramento
Schnitzer Steel, Rancho Cordova
$3,943.52
$3,347.63
No response
The sale to the high bidder, Simsmetal America, was completed on December 5, 2002.
FUNDING:
Prepared by Joel Harris, Purchasing Officer
APPROVED:
None required. Revenue generated: $3,943.52
Accounts Credited: 1601.5391 $3,908.52
1001.5391 $ 35.00
Vicky McAthie, Finance Director
44e,tt.
on Flynn -- City Manager
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