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the terms and conditions of the aforementioned specifications <br /> and said bidder's proposal dated September 10, 1974 . <br /> 4 . The City Clerk is hereby authorized and directed to <br /> return to the successful bidder upon execution by it of the <br /> contract for the furnishing of the above mentioned equipment <br /> to the City of Redwood City, all security guaranteeing execution <br /> of the contract award. <br /> * * * <br />