Discussion and possible action to authorize the Purchasing Agent to dispose of Forty (40) non-working water meters to be sold as salvage to Wilkinson Iron & Metal for the market amount estimated of $100.00, pursuant to Subchapter D. Disposition of salvage or surplus property under Section 263.152 (Disposition) (a) (3), under Texas Local Government Code.
Issue: Non-working meters
Solution: Disposal
Result: Eliminate storage for the non-working meters and return salvage value to the utilities revenue.
Background:
Meters are changed out when not fully operational, tampered with or damaged. Price depends on market listing at time of delivery. Estimate is based on 2.5 lbs. per meter and 1.00 per pound for yellow copper.