******NO LONGER IN USE:********* PROCEDURES
Beginning with the meeting on April 2, 2015, the Division is offering to the members an opportunity to participate in a Silent Auction of goods related to model railroad building and construction.
The Silent Auction will take place at the meeting location from 1:00p to 1:30p. The auction will end at 1:30p.
Seller Responsibilities
The seller must be a member of the Division.
A seller wishing to donate any material item to the division can bring that item and the associated paperwork to the meeting. Bring a couple of pencils to use in the auction. The results of the sale will be fully donated to the division.
The seller will establish the opening bid amount and the minimum increase for each successive bid.
The seller will be responsible for setting the item for sale on the auction table as well as making sure the biding requirements are being followed.
At the close of the bidding at 1:30p, the seller should collect the bid sheet from the table. The seller will be required to collect the money from the auction winner and then turn that money as a donation to the Division Treasurer who will provide the seller with a donation document.
Buyer Responsibilities
The buyer does not have to be a Division member and can be attending the meeting as a guest.
A buyer wishing to bid on the item in auction will mark the Bid Sheet with the amount of the bid and the name of the bidder.
Hopefully, other bidders will be doing the same thing. Each successive bid by and bidder must be higher by the stated minimum increase on the bid sheet.
At 1:30p, the bidding will close and the buyer with the highest bid will win the auction. The parties will transact the exchange of material for money, and the material then belongs to the Buyer.
Division Responsibilities
The Division will run this silent auction for the members, the auctions will be held periodically, likely once per quarter. The Division will be responsible for proving a donation letter to the Member/Seller.
Division 10 Mid Central Region
National Model Railroad
Association
Lexington, KY nmramcrdiv10@gmail.com