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• <br /> (b) Each item of the subject property shall be sold to <br /> the highest responsible bidder for each such item at <br /> the public auction; but in no event shall any such item <br /> be sold for less than 90 per cent of the appraised <br /> value thereof. <br /> (c) No auction bid submitted may be withdrawn pending award <br /> or rejection of the bids. No conditional bids will be <br /> accepted. Any and all bids may be rejected and the <br /> property readvertised or removed from the market. <br /> (d) All items shall be sold in the "as is" condition, and <br /> without warranty, express or implied, as to condition <br /> or usability. <br /> 3. That the description of the property authorized to be <br /> sold hereunder, and the current market value of each item as <br /> determined by the Assessor of the City of Redwood City, is as <br /> follows: <br /> Item Market Value <br /> 1969 Dodge Automobile $ 500.00 <br /> 1969 Dodge Automobile 500.00 <br /> 1969 Dodge Automobile 500.00 <br /> 1969 Chevrolet Automobile 450.00 <br /> 1969 Chevrolet Automobile 450.00 <br /> 1959 Chevrolet Automobile 100.00 <br /> 1964 Chevelle Automobile 275.00 <br /> 1962 Chevrolet Automobile 200.00 <br /> 1966 Chevrolet Automobile 275.00 <br /> 1949 Mighty Midget Pavement 20.00 <br /> Breaker <br /> 4. That the appropriate officers, agents or independent <br /> contractors of the City of Redwood City are hereby authorized <br /> and directed to execute all necessary or appropriate documents <br /> of sale in connection with the sale at public auction of the <br /> property hereinabove described. <br /> -2- <br />