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<br />3. The City Administrator is hereby authorized and directed to return forthwith to all <br />bidders the deposits made with their bids except the deposits of the successful <br />bidder and the next lowest bidder shall be retained until contracts have been <br />signed. <br /> <br />ADOPTED BY THE CITY COUNCIL OF THE CITY OF ARDEN HILLS <br />THIS 26th DAY OF MARCH, 2007. <br /> <br />Stanley D. Harpstead, Mayor <br /> <br />ATTEST: <br /> <br />Michelle A. Wolfe, Administrator <br />