§ 16.20.150. Completion of bid requirements.

Latest version.

Following the appeal period or the council's ruling, the city clerk shall notify the successful bidder that the city is prepared to issue an appropriate lease. The bidder shall be given fifteen (15) calendar days from date of mailing the notice in which to remit to the city clerk any bid balance, or any other sums that may be due and sign the lease. Failure to do so shall result in forfeiture of any and all rights previously acquired in the proposed lease, and in addition, any moneys paid or deposited with the city shall be forfeited.

(Prior code § 45.40.150)

                    
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