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Type,, of' Bid-. <br />Rates <br />oifferied by, Bidders shall be in 'integral <br />Muitiples of <br />5/100 <br />or 1/8 of 1%s <br />No rate for any maturity <br />shall be more <br />t,h,a,n <br />1,% 1 . olweir than <br />any prior rate. Bonds of th <br />same matur-Lty shall <br />bear • single <br />rate from the date of the <br />Bonds to the <br />date of <br />miaturityi. No <br />interest rate on any <br />matu,ri,ty may <br />exceed <br />the interest <br />rate of any subsequent <br />maur <br />a <br />waive non-substantive <br />The City, wil,l, reserve the right too, (i) <br />a ttlers relat*ng to the receipt <br />-informalities olf any, bid or 'of Mia <br />of' bids and award of the Bonds, relect all bids without <br />causle, and, (ii-11-1) rejecit any bid which the City determines- to <br />have failed to, comply with, the terms herein. <br />