It shall not be necessary in any action, suit or proceedings in which the city shall be a party for any bond, undertaking or security to be executed in behalf of the city, but all actions, suits, and proceedings shall be conducted in the same manner as if such bond, undertaking, or security had been given. The city shall have all remedies of appeal provided by law to all courts without bond or security of any kind. For the purposes of all such actions, suits, proceedings and appeals, the city shall be liable in the same manner and to the same extent as if the bond, undertaking or security had been executed and given.