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The City of Paris reserves the right to accept or reject any or all bids, <br />to waive formalities, 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 terra of the contract. <br />Name of Bank Liberty National Bank in Paris <br />t <br />By <br />Title resident <br />Date February 4, 1987 <br />Resolution No. 87 -018 authorizing and directing the Mayor, Billy J. <br />Burnett, to execute on behalf of the City of Paris the contract for <br />airport improvements project, with Airport Markings of America, Inc. <br />was presented. A motion was made by Councilman Wortham, seconded by <br />Councilman Hoog for approval of the Resolution. The motion carried 7 <br />ayes, 0 nays. <br />