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2010 auction catalog - The Miami Valley School

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9) Items may be picked up at the claim area(s) by exhibiting a paid receipt. When an<br />

item has not been displayed, the purchaser will receive a certificate or a contract for the<br />

promised gift. Items may be removed only by exhibiting a paid receipt at the door at<br />

the time of departure or authorized by a committee member.<br />

(10) Any <strong>auction</strong> purchase is tax “deductible” only to the extent that the donation exceeds that<br />

of the stated value of the item on the contract given to the buyer upon purchasing an item.<br />

Any values stated or set regarding items being <strong>auction</strong>ed are donors’ estimates and are not<br />

warranted by the <strong>auction</strong> committee.<br />

(11) Unless otherwise specified, all <strong>auction</strong> items and services must be used within one year<br />

from the date of the <strong>auction</strong>. Unless otherwise specified, dates and times are to be<br />

arranged at the mutual convenience of, by, and between the donor and buyer. If questions<br />

arise, contact the Advancement Office. To avoid disappointment, please make all vacation<br />

reservations well in advance. Security and cleaning deposits, when required by the donor,<br />

must be paid directly to the donor and are not included in your bid.<br />

(12) All <strong>auction</strong> items must be removed from the premises Saturday evening, March 6, <strong>2010</strong>,<br />

at the purchaser’s own risk. <strong>The</strong> <strong>Miami</strong> <strong>Valley</strong> <strong>School</strong> cannot assume responsibility for items<br />

left after that time. Special arrangements for pickup or delivery of large items must be made<br />

at the time of payment.<br />

(13) On the fall of the <strong>auction</strong>eer’s hammer, title to the item and/or service will pass to the<br />

highest bidder who thereupon assumes full risk and responsibility thereof.<br />

(14) *Unless otherwise noted, airfare included with this item is restricted to “round” trip, economy<br />

airfare.<br />

S I L E N T A U C T I O N R U L E S<br />

(1) Each item in the Silent Auction has a bid sheet located on a table nearby. Persons desiring<br />

to bid may do so by writing in their legal names or bid number and the amount of their bids<br />

on the bid sheets.<br />

(2) <strong>The</strong> opening bid on each item must equal or exceed the “minimum bid” stated at the top<br />

of each bid sheet. Each new bid must be written on the next blank line available on the bid<br />

sheet. Each bid must be increased by no less than the increment noted on the bid sheet.<br />

Once a bid has been made, it cannot be changed or erased. Silent <strong>auction</strong> bids will be<br />

disqualified if the minimum bid and/or minimum raise are not sufficient.<br />

(3) Under no circumstances may an <strong>auction</strong> bid sheet be removed from the tables.<br />

(4) <strong>The</strong> Silent Auction tables will be open for bidding from 6:00 PM until 8:00 PM. Closing time<br />

for the silent tables will be announced publicly. <strong>The</strong> closing bid circled by the <strong>auction</strong> officials<br />

constitutes the winning bid.<br />

(5) In the event of a dispute, the <strong>auction</strong> official shall act as the final authority and shall<br />

determine the winning bidder. In the event that two bidders are in the process of bidding on<br />

the same item when the official attempts to circle the winning bid, the official may conduct<br />

a mini live <strong>auction</strong> between those bidders. He/she shall determine the winning bidder.<br />

His/her decision shall be final.<br />

(6) Unless otherwise specified, all <strong>auction</strong> items and services must be used within one year after<br />

the date of the <strong>auction</strong>. Items such as tickets or concerts or events are non-transferable.<br />

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