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Item No. 2 (continued) Ben Berman, Berman's Salvage Co., 1739 Bayshore Road, and Charles Welsh, representing Albert Garofoli, 1628 E1 Camino Real, stated they wished to bid. Mr. Schricker then invited bids which were made as follows: Berman 28,100 Berman 32,100 Welsh 28,500 Welsh 32,500 Berman 28,600 Berman 32,600 Welsh 28,700 Welsh 33,000 Berman 28,800 Berman 33,100 Welsh 30,000 Welsh 33,500 Berman 30,100 Berman 33,600 Welsh 31,000 Welsh 33,900 Berman 31,100 Berman 34,000 Welsh 31,500 Welsh 34,500 Berman 31,600 Berman 34,600 Welsh 32,000 Welsh 35,000 Berman 35,100 Mr. Welsh then stated he would withdraw from the bidding. Mr. Hockaday (see above) stated he wished to become a bidder and bids were then made as follows: Hockaday 36,000 Berman 36,100 Hockaday 37,000 Berman 37,100 Hockaday 38,000 Berman 38,100 Hockaday 39,000 Berman 39,100 Hockaday 40,000 Berman 40,100 Mr. Schricker repeated Mr. Berman's bid of $40,100 three times and then declared him the high bidder. (Council recessed from 7:55 to 8:00 p.m.) Title read. M /S: Biagi /Bury RESOLUTION NO. 9322 ACCEPTING AUCTION BID FOR SALE OF PARCEL OF CITY - OWNED REAL PROPERTY ON EAST BAYSHORE ROAD IN THE VICINITY OF SEAPORT BOULEVARD IN THE CITY OF REDWOOD CITY; AND AUTHORIZING CONVEYANCE THEREOF adopted unanimously by roll call vote. --------------------------------------------------------------------------- - - - - -- Reg.Mtg. 3/28/83 Page 3 MINUTE BOOK NO. 44 Page No. 93