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HomeMy WebLinkAboutAgenda Report - May 15, 1991 (80)or 4� CITY OF LODI COUNCIL COMMUNICATION AGENDA TITLE: REPORT - SALE OF CITY PROPERTY MEETING DATE: MAY 15, 1991 PREPARED BY: FINANCE DIRECTOR RECOMMENDED ACTION: None required. This report is made to the City Council in compliance with Lodi Municipal Code section 2.12.120. BACKGROUND INFORMATION: The following items of surplus City property have been sold within the last thirty days, generating a total revenue of $4,746.00. 1. Seven vehicles, unsaleable to the general public due to damage or for safety considerations, were offered in informal bids and sold as scrap to Charter Way Auto Recyclers of Stockton for the amount of $1,471.00. 2. One lot of scrap wire, metal, and transformer casings was bid infor- mally and sold to the sole bidder, Sunshine Steel Enterprises of Sacramento, for $3,275.00. This sale was approved by the City Council on March 20, 1991. Robert H. Holm, Finance Director Prepared by Joel Harris, Purchasing Officer APPRCVED: ' THOMAS A. PETERSON City Manager cc -1