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<br />4. Any informalities in the bid mentioned in paragraph I hereof <br /> <br /> <br />are waived. <br /> <br /> <br />5. The City Clerk is hereby authorized and directed to return <br /> <br /> <br />to all unsuccessful bidders, and to the successful bidder upon <br /> <br /> <br />execution by it of a contract for the delivery of said equipment, <br /> <br /> <br />all security guaranteeing execution of the contract upon award. <br /> <br />* <br /> <br />* <br /> <br />* <br /> <br />-2- <br /> <br />8977 <br />