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\. . . purposes, that the fair market value thereof is Three Hundred Fifty Dollars ($350.00), and that public notice of the proposed sale has been given in accordance with Section 3-1/2 of the Charter of the City of Redwood City. 2. The bid of Melbourne Davis for said property, in the amount of Four Hundred Ten Dollars ($410.00), which amount is not less than ninety per cent (9~~) of the appraised value thereof, is hereby accepted and the Mayor and City Clerk are hereby author- ized and directed to execute a deed for and on behalf of the City of Redwood City to Melbourne Davis, without warranty express or implied, upon receipt of the sum of Four Hundred Ten Dollars ($410.00), said sum being the total bid price. 3. The property referred to herein is that certain parcel of real property situate in the City of Redwood City, County of San Mateo, State of California, known as NW 57.87 feet of SE 157.87 feet of NE 27 feet of Lot I, Block "I-, Woodside Acres No. I, and more fully described as follows: A portion of Lot 1, Block u:1', as designated on that map en- titled nWoodside Acres No.1," recorded May 18, 1923, in the office of the Recorder of San Mateo County, California, in Book 11 of Maps at pages 34 and 35, being more particu- larly described as follows: BEGINNING at the intersection of the northerly line of said Lot 1 with the easterl~ line of Palm Avenue, 50.00 feet in width, THENCE South 79 45' East along said northerly line of said Lot 1 a distance of 100.00 feet to the TRUE POINT OF BEGINNING: THENCE continuing South 790 45' East along said northerly line of said Lot 1 a distance of 57.87 feet: THENCE South 100 15' West a distance of 27.00 feet; THENCE North 790 45' West a distance of 57.87 feet; THENCE North 100 IS' East a distance of 27.00 feet to the TRUE POINT OF BEGINNING. * * * -2-