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2. That certain agreement entitled, "Agreement' (form dated 07/27/00) by <br />and between the City of Redwood City, a municipal corporation of the State of <br />California and Interstate Grading & Paving, Inc., a copy of which agreement is on <br />file in the office of the City Clerk, to which copy reference is hereby made for the <br />full particulars thereof, is hereby approved, and the City Manager and City Clerk <br />are hereby authorized and directed to execute, and to attest thereto, <br />respectively, said agreement for and on behalf of the City of Redwood City. <br />3. Any and all informalities in the aforementioned bid of Interstate <br />Grading & Paving, Inc., are hereby waived. <br />4. The City Clerk is hereby authorized and directed to return to the <br />unsuccessful bidders, and to the successful bidder upon execution by it of the <br />aforementioned agreement, all securities guaranteeing execution of said <br />agreement upon award. <br />Reso -958 2 <br />F:/Shared/Redwood/Council <br />OES:djk <br />07/27/00 <br />13971 <br />