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G <br />, . • <br />The Citp of Para.s reserves the right to accept or reject any ir all bids, to <br />waive formalities, and to accept the bid the City consi.ders •the most advaztta- <br />geous. The City also reserves the right to place or invest part or a11 of any <br />af its surplus or excess funds outside the designated depository, in any lawful <br />manner as may be determined by the City Council, from ti.me tcr time throaghout <br />the term of the contract. • - <br />