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<br />in accordance with the abovementioned bid proposal, a copy of <br /> <br />which agreement is presently on file in the office of the City <br /> <br /> <br />Clerk to which reference is hereby made for full particulars <br /> <br />concerning the terms and conditions thereof. <br /> <br /> <br />4. Any informality in the aforementioned bid of the <br /> <br />aforementioned company is hereby waived. <br /> <br />5. The City Clerk is hereby authorized and directed to <br /> <br /> <br />return to all unsuccessful bidders, and to the successful bidder <br /> <br />upon execution by it of a contract for the performance of said <br /> <br /> <br />work, all security guaranteeing execution of the contract upon <br /> <br />award. <br /> <br />* <br /> <br />* <br /> <br />* <br /> <br />-2- <br />