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<br />~ <br /> <br />3. Any informalities in the bid mentioned in paragraph 1 <br /> <br />hereof are waived. <br /> <br />4. The City Clerk is hereby authorized and directed to <br /> <br />return to the successful bidder upon execution by it of a contract <br /> <br />for the performance of said work, all security guaranteeing <br /> <br />execution of the contract upon award. <br /> <br />* <br /> <br />* <br /> <br />* <br />