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270 � W�lliam White 365, La Prenda, Millbrae and A C Childhouse 31 ' Paseo Way, Greenbrae, ind�cated they wished to bid on the sub�ect property Mayor Leipn g inv�ted bidders to commence bidding, noting that the property has been appraised at $94,960 and the Council may not accept a bid below 90% of that appraised value, or �85,464, and that suc- , ceeding bids must be at least 31,000 higher than the preceding bid Bidding proceeded as follows Mr Childhouse $87,000 Mr. White $88,OOQ Mr Ch�ldhouse $90,000 Mr. White $91,000 Mr. Ch�ldhouse $95,000 Mr White $96,000 Mr Childhouse $100,000 Mr White $101,000 Mr Childhouse $105,000 Mr. White $106,000 Mr Ch�ldhouse $107,000 Mr. White $1Q8,000 Mr Childhouse $110,000 Mr White stated he did not w�sh to bid higher, and Mayor Leipzig declared the bid awarded to Mr Childhouse. � Mr Ch�ldhouse then signed the appropriate b�d documents and de- posited 10% of the total bid amount ($11,000)�w�th the City�Clerk for Bid Security. Mr Schricker advised that clerical details relating to the sale will be hand7ed by staff and the ordinance confirming the sale will be pre- sented to Council at the next regular meeting on June 4 (memo 5/24/77) Park and Recreation Commission recommendation re proposed park name changes Redwood Shores City Manager Ea1es referred to his report of May 19, 1977 regarding the proposed name changes of parks in the Redwood�Shores area and ' attaching report from the Director of Parks and Recreation of May 17 �ransmitting the Park and Recreat�on Commission recommendations. MOTION Councilman Bury moved, seconded by Counc�lman Barrett, to accept the recommendation of the Park and Recreat�on Commission pro- posed name changes of parks in the Redwood Shores area as follows 1 P,ark area at north west corner of Marine World Parkway and Brtdge P,arkway. Present name - Aquas Park - better known � as Water,Access Park Change to Marine View Park� Reg �1tg. -2 " 5/23/77