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<br />The City of Pari s reserves the ri ght to accept or reject any or all bi ds, <br />to waive formal ities, and to accept the bid the City consider the most <br />advantageous. The City also reserves the right to place or invest part or <br />all of any of its surplus or excess funds outside the designated <br />depository, in any lawful manner as may be determined by the City Council, <br />from time to time throughout the term of t contract. <br /> <br />Name of Bank <br /> <br />Title <br /> <br />Date <br /> <br />By <br /> <br />