The performance of the contract awarded shall be secured by a sufficient bond. The sufficiency of the bonds, checks or drafts offered in connection with bids or contracts entered into in pursuance of bids accepted, shall be determined by the Mayor and City Attorney. In the event of the failure of any bidder to enter into contract and bond as may be required in said notice or specifications within ten days after the award has been made by the Council, or officers aforesaid, the award may be cancelled and the bid of the next lowest responsible bidder accepted, or all bids may then be rejected and the Clerk authorized to re-advertise for proposals.
(Ord. 2011-5318, passed 4-5-2011)