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FXS: dc.- 11/10/92 (048/31) <br /> them from any liability for the failure by Hess & Hess <br /> Construction, Inc. , to provide the City with acceptable insurance <br /> coverage and bonds , as required by the Agreement. <br /> 3 . The City Clerk is hereby authorized and directed to <br /> return to all bidders except Hess & Hess Construction, Inc. , all <br /> securities guaranteeing execution of the Agreement. <br /> 4 . Hess & Hess Construction, Inc. , is declared to be in <br /> default due to its failure to provide City with acceptable bonds <br /> and insurance coverage. <br /> 5 . The City Manager is authorized to make demand for <br /> payment on Hess & Hess Construction, Inc. , and the bonding <br /> company. <br /> * * * <br /> 2 11885 <br />