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<br />SWC:sh 11/21/86 <br /> <br />accepted and said bidder is hereby found and declared to be the <br /> <br />lowest responsible bidder. <br /> <br />2. The Finance Director is hereby authorized to place into <br /> <br /> <br />escrow the sum of Seventy Three Thousand and No/lOa Dollars <br /> <br />($73,000.00), as the City's share of the purchase price of the <br /> <br /> <br />aforementioned property. <br /> <br />3. As of the close of escrow, the City Clerk is hereby <br /> <br /> <br />authorized to accept, on behalf of the City of Redwood City, a <br /> <br /> <br />deed to the property, upon approval as to form by the City <br /> <br />Attorney. <br /> <br />4. The City Manager is hereby authorized and directed to <br /> <br /> <br />execute the aforesaid lease agreement for and on behalf of the <br /> <br />City of Redwood City. <br /> <br />* <br /> <br />* <br /> <br />* <br /> <br />2 <br />