HomeMy WebLinkAboutAgenda Report - October 1, 2003 E-03V-111TY OF LODI
1Q1,
COUNCIL COMMUNICATION
AGENDA TITLEReport of the Sale of Scrap Metal
MEETING DATE: October 1, 2003
PREPARED BY" Finance Director
RECOMMENDED ACTION-. information only. This report is made to the City CounGil in
accordance with Lodi Municipal Code Section 2.12.120.
BACKGROUND INFORMATION: On January 2, 2003, the City Council authorized the: sale of
scrap wire and metal which is expected to accumulate during the
course of normal utility operations in calendar year 2003.
In the third sale of the year, the Purchasing Divison on July 11 sent out Requests for Bidsfor the
following amounts of scrap metal:
Bare and Insulated Aluminum 5,103 lbs.
Bare and Insulated Copper 1,348 lbs.
Insulated Al/Concentric Copper 3,648 lbs.
Scrap Iron 1 lot
Bid forms were sent to four scrap metal dealers, two of whom responded prior to the July 25
deadline for submittal of bids:
Simsmetal, Stockton $2,960.18
Sunshine Steel Ent., Sacramento $2,861.89
Delta Scrap Metals Stockton No response
J & M Recycling, Nest Sacramento No response
The sale to the high bidder, Simsmetal, was completed on September 8, 2003,
Prepared by Joel Harris, Purchasing Officer
APPROVED:
None required. Revenue generated: $2,960,18
Account Credited: 1601-5391
Vicky McAthie, lFinance Director
Dixon Flvnn --