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HomeMy WebLinkAboutAgenda Report - June 18, 2003 E-03CITY OF LODI COUNCIL COMMUNICATION AGENDA TITLE: Report of the Sale of Scrap Metal MEETING DATE,- June 18, 2003 PREPARED BY: Finance Director RECOMMENDED ACTION: Information only, This report is made to the City Council 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 second sale of the year, the Purchasing Divisors on April 13 sent out Requests for Bids for the following amounts of scrap metal. Bare and Insulated Aluminum 1,819 lbs. Bare and Insulated Copper 4,867 tbs. Insulated Al/Concentric Copper 8,798 lbs. Scrap Iron 1 lot Bid forms were sent to five scrap metal dealers, two of whom responded prior to the April. 25 deadline for submittal of bids, Sunshine Steel Ent., Sacramento $5,362.38 B & G Machinery $4,992.65 Delta Scrap Metals, Stockton No response Simsmetal, Stockton No response J & M Recycling, West Sacramento No response IMPORTER 11 V 111 ill, 11111 111111 11 FUNDING: None required. Revenue generated: $5,362.38 Account Credited, 1601.5391 Vicky 10 Athie, Finance Director Prepared by Joel Harris, Purchasing Officer APPRovem <72"N Z H. Diko Flynn --