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HomeMy WebLinkAboutAgenda Report - January 2, 2003 E-03NOR' 2 eITY OF LODI COUNCIL COMMUNICATION AGENDA TITLE: Authorize the Sale of Scrap Wire and Metal During 2003 MEETING DATE: January 2, 2003 PREPARED BY: Finance Director RECOMMENDED ACTION� That the City Council authorize the sale of scrap wire and metal at periodic intervals during the calendar year 2003. BACKGROUID 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 of the sale of surplus property having a value in excess of $2,000. It is projected that the City will hold sale bids for scrap metal at least four times during 2003, in February, May, August, and November. Therefore, it is staff's recommendation that the City Council authorize the advertisement for bids and the sale of scrap wire and metal as is necessary during 2003, and require report of all such sales within thirty days of their completion. ZMZ3EM= Vicky McAthie, Fi ance Director Prepared by Joni Harris, Purchasing Officer APPROVED: H. Dixon Flynn ww City