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~ . <br />The City oF Paris reserves the right to accept or reject any or all bids, to <br />vlaive formalities, and to accent the bid the City considers the most advanta- <br />geous. The City also reserves the right to place or invest part or all of any <br />of its s!irplus or excess funds autside the designated depository, in any laviful <br />r^anrer as rnay be determined by the City Council, from time to tine throughout <br />the tern of the contract. <br />. <br />NdT112 ofi Bank LIBERTY NATIONAL BANK IN PARIS <br />B y^ P. R. Ceci 1 <br />7itle / President <br />. <br />Ddte February 9, 1977 <br />- 3 - <br />