§ 3.68.090 — Leasing procedure-Failure to sign lease, provide bond, etc.-Award to next best bidder

3.68.090 Leasing procedure-Failure to sign lease, provide bond, etc.-Award to next best bidder.

A failure on the part of the successful bidder to sign and deliver the lease 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 in the best interest of the city, it may, on the refusal or failure of the successful bidder to execute the lease, award it to the second highest responsible bidder. If the second best responsible bidder fails or refuses to execute the contract, the city may likewise award it to the third highest responsible bidder. (Ord. 2000-017 § 2(k)(ii) (Exh. C); Ord. 2000-013 § 1; prior code § 12.02.048)