A failure on the part of the successful bidder to sign and deliver the concession contract within thirty (30) days of receipt thereof and to provide the city with any bond and any evidence of insurance required thereunder may be treated as a refusal to execute if the city so elects. If the council deems it is for the best interest of the city, it may, on the refusal or failure of the successful bidder to execute the contract, award it to the second best responsible bidder.
If the second best responsible bidder fails or refuses to execute the contract, the city may likewise award it to the third best responsible bidder. (Ord. 2000-017 § 2(k)(iii) (Exh. D); Ord. 2000-013 § 1; prior code § 12.03.069)