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A good faith deposit (the "Deposit") in the amount of $55,100 in the form of a federal wire transfer <br /> (payable to the order of the City) is onlv reguired from the apparent winnin bg idder, and must be received <br /> within two hours after the time stated for the receipt of Proposals. The apparent winning bidder will <br /> receive notification of the wire instructions from the Financial Advisor promptly after the sale. If the <br /> Deposit is not received from the apparent winning bidder in the time allotted, the City may choose to <br /> reject their Proposal and then proceed to offer the Bonds to the next lowest bidder based on the terms of <br /> their original proposal, so long as said bidder wires funds for the Deposit amount within two hours of said <br /> offer. <br /> 74 <br />