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<br />. rt <br /> <br />~' <br /> <br />. <br /> <br />w:em <br /> <br />6/25/70 <br /> <br />... <br /> <br />RE.[OLUT1,ON <br /> <br />N O. <br /> <br />~J'J'P <br /> <br />. <br /> <br />r r;"~:"11\IA. L' <br />_ _..'U~nl <br /> <br />RESOLUTION FINDING CERTAIN CITY-OWNED PROPERTY JUL 6 '1() <br />(CAST IRON WATER FITTINGS) SURPLUS; AND AUTHORIZING <br />SALE THEREOF <br /> <br />WHEREAS, that certain personalty, consisting of cast <br /> <br />iron water fittings, more particularly described in Exhibit A <br /> <br />hereof. attached hereto and by this reference incorporated <br /> <br />herein is owned by the city of Redwood City; and <br /> <br />WHEREAS, this council has received evidence that the <br /> <br />hereinabove described property is not needed for present or <br /> <br />prospective municipal purposes; and <br /> <br />WHEREAS, the city Assessor has appraised said property <br /> <br />and determined the current market value thereof; and <br /> <br />WHEREAS, it is the intention and desire of this Council <br /> <br />to sell the above described property in accordance with <br /> <br /> <br />Section 3-1/2 of the Charter of the City of Redwood City <br /> <br />at the current market value thereof; <br /> <br />NOW, THEREFORE ; <br /> <br />BE IT RESOLVED BY THE COUNCIL OF THE CITY OF REDWOOD <br /> <br />CITY, AS FOLLOWS: <br /> <br />1. That this council hereby finds and determines that <br /> <br />that certain City-owned personalty consisting of cast iron <br /> <br />water fittings, and more particularly described in Exhibit A <br /> <br />hereof, is not needed for present or future municipal purposes. <br /> <br />2. That the city Clerk be and she is hereby authorized <br /> <br />and directed to advertise the aforesaid personalty for sale <br />to the general public in accordance with Section 3-1/2 of the <br /> <br />charter of the city of Redwood city, to the highest responsible <br /> <br />bidder upon sealed bids and at not less than ninety per cent <br />(90%) of the appraised value thereof. <br /> <br />* <br /> <br />* <br /> <br />* <br />