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Ken Porter <br />A U C T I O N S <br />8) The Auctioneer agrees to return revenue from the sale as well as documentation to the P.C.S. <br />within 15 calendar days. <br />9) Any and all pick-ups shall be scheduled through the P.C.S. Ora designated appointee. <br />10) The Auctioneer agrees to inform the M.S. of any mode of sale other than the standard <br />auction, i.e.: internet sale, sealed bid. <br />11) The Auctioneer agrees to work with the P.C.S. to set a minimum bid on items that the P.C.S. <br />identifies as a high dollar item. <br />12) In the event that the minimum bid for a vehicle has not been met after 2 auctions, Auctioneer <br />agrees to inform the P.C.S, and discuss lowering the minimum bid. <br />13) Auctioneer agrees to inform the P.C.S. of any misunderstanding that the auctioneer may have <br />with a bidder regarding City property within 2 business days after said auction. <br />14) Auctioneer agrees to provide proof of insurance in the following amounts, with the City <br />named as an additional insured before an agreement is issued. <br />General Liability - $1,000,000.00 each occurrence <br />Workers Compensation - Within limits required by the State of California <br />Automobile insurance - $1,000,000.00 combined single limit <br />4510 Muth Way, Jurupa Valley, CA 92509 <br />Phone: 310-353-7140 • Fax 310-353-5740 <br />www.kenporterauctiotis.coni *E-mail. info@kenporterauctions.com <br />