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HomeMy WebLinkAboutAgenda Report - January 7, 2004 E-03AGENDA ITEM iEIP5 (0CITY OF LODI 1 COUNCIL COMMUNICATION TM AGENDA TITRE: Authorize the sale of scrap wire and metal during 2004 MEETING DATE: January 7, 2004 PREPARED BY: Electric Utility Director RECOMMENDED ACTION: That the City Council authorize the sale of scrap wire and metal at periodic intervals during the calendar year 2004. BACKGROUND INFORMATION: During maintenance and installation operations the City utility departments generate quantities of scrap wire and metal, which is then accumulated for subsequent sale to scrap metal dealers on a highest -bid basis. Lodi City Code Section 2.12.120 requires City Council approval for sale of surplus property having a value in excess of $2,000. In 2003, sates of scrap wire and metals yielded recovery of $14,386.45 in prior materials costs. It is projected that the City will hold sale bids for scrap metal at least three times during 2004, in February, June, and October. Therefore, it is staffs recommendation that the City Council authorize the advertisement for bids, and the sale of scrap wire and metal as is necessary during 2004, and require a report of all such sales within thirty days of their completion. FUNDING: None required. Alan Vallow, Electric Utility Director Prepared by Joel Harris, Purchasing officer APPROVED: n, City Manager