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DES:djk )l/03/92 (002/32) <br /> which agreement is on file in the Office of the City Clerk, to <br /> which copy reference is hereby made for the full particulars <br /> thereof is hereby approved, and the City Manager and City Clerk <br /> are hereby authorized and directed to execute, and to attest <br /> thereto, respectively, said agreement for and on behalf of the <br /> City of Redwood City. <br /> 3 . Any and all informalities in the aforementioned bid of <br /> Pacific Electric Company, are hereby waived. <br /> 4 . The City Clerk is hereby authorized and directed to <br /> return to all unsuccessful bidders, and to the successful bidder <br /> upon execution by it of the aforementioned agreement, all <br /> securities guaranteeing execution of the agreement upon award. <br /> 2 <br />