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<br />~GM:djg-c 6/30/82 <br /> <br />furnishing of said materials. <br /> <br /> <br />2. The City Manager is hereby authorized to execute <br /> <br />an agreement with Asphalt Service Co., Inc. for the furnishing <br /> <br /> <br />of the abovementioned materials in accordance with, and subject <br /> <br /> <br />to, the terms and conditions of the aforementioned specifi- <br /> <br />cations and in accordance with the aforementioned bidder's <br /> <br /> <br />proposal. <br /> <br />3. Any informalities in the bid mentioned in Paragraph 1 <br /> <br /> <br />hereof are hereby waived. <br /> <br />4. Any and all bids received by the City of Redwood City <br /> <br /> <br />for the furnishing of the abovementioned materials, other than <br /> <br />the bid mentioned in Paragraph 1 hereof, are hereby rejected. <br /> <br />5. The City Clerk is hereby authorized and directed to <br /> <br /> <br />return to all unsuccessful bidders, and to the successful <br /> <br /> <br />bidder upon execution by it of a contract for the performance <br /> <br /> <br />of said work, all security guaranteeing execution of the <br /> <br />contract upon award. <br /> <br />* <br /> <br />* <br /> <br />* <br /> <br />2 <br />