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25.

Meeting Date:	03/14/2016
Sale of Salvage Meters
Submitted for:	Adrian Montemayor	Submitted By:	Adrian Montemayor
Department:	Engineering

Subject:

Discussion and possible action to authorize the disposal of Forty-Two (42) non-working water meters to be sold as salvage to Wilkinson Iron & Metal for the market amount estimated to be $115.00, pursuant to Subchapter D, Disposition of salvage or surplus property, Section 263.151 (1), under Texas Local Government Code. [Requested by Adrian Montemayor, Water Utilities Director]

Issue: Non-working meters to be disposed.

Solution: Dispose of old meters for salvage value.

Result: Eliminate storage of non-working meters and return salvage value to utilities revenue.

Background:

Meters are changed out when not fully operational, tampered, or damaged. Price depends on market listing at time of delivery. Estimate based on 2.5 lbs per meter, 1.00 per pound for yellow copper.

Previous Court Action:

N/A

Fiscal Impact

Budget Account Number:	0
Funding Source:	0
Balance:	0
Financial Impact:
None