Res 1994-070 - Laserfiche WebLink

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'-Itif3 -3.- catalogs, and entering bidder registration information into the computer; (c) begin each auction promptly at the advertised.. starting time (usually at 10:00 a. m.) ; (d) operate two simultaneous auction .rings when the number of bidders, vehicles, equipment items, and conf;i.scated and surplus miscellaneous merchandise warrants; -- (e) establish multiple payment stations to speed payment and the cashiering process; (f) resubmit disputed bids to competitive bidding during the course of the auction; (g) video tape the entire auction and provide the CITY with a copy of the video tape within thirty (30) days from the date of each auction; and (h) dismantle and load all AUCTIONEER's equipment and leave the auction site in its original condition. (; Çj\t£f? 1,U{'.JI~.....Iæ Î34.Kk. Le;fc,- of Ud.r!t.}<.h ¿. L9 A=TIO~ER will co Iec (11 monies ~e the CIIT, includi~ ~ checks, immediately upon compl tion of each auctiop; utilize check guarantee service for all checks (up to $30,000.00 each); and reconcile all receipts by cash, cashier's check, personal checks with bank letter of guarantee, and personal or company checks guaranteed by AUCTIONEER's guarantee service. . 1.10 AUCTIONEER will be responsible for the collection of all sales tax and associated documentation from bidders and will make prompt reports and payments to the State Comptroller for all sales tax collected as required by State law. 1.11 AUCTIONEER will make copies of all CITY executed titles and bills of sale for CITY records and will provide buyers with the original documents. 1.12 AUCTIONEER will print invoices in triplicate and provide two copies of the invoice to the buyer upon payment in full. One copy of the invoice will remain in the auction office. The additional invoice copy given to the buyer will be collected by the CITY as each buyer removes merchandise from the sale site as proof that the buyer is taking possession of its purchases. 1.13 AUCTIONEER will reconcile all reports and total proceeds with the CITY's representative within thirty (30) minutes after the conclusion of each auction. Upon conclusion of each auction the AUCTIONEER will provide the CITY with complete, detailed and reconciled computer- generated reports and other documentation including, but not limited to: