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RESOLUTION NO. 95 - 87 <br />Page -2- <br />2. The City Clerk is hereby authorized and directed to return forthwith to all bidders <br />the deposits made with their bids, except that the deposits of the successful bidder <br />and the next lowest bidder shall be retained until a contract has been signed. <br />Adopted by the Lino Lakes City Council this 14th day of August, 1995. <br />Vernon F. Reinert, Mayor <br />Marilyn G. Anderson, Clerk -Treasurer <br />The motion for adoption of the foregoing resolution was duly seconded by Council <br />Member and upon vote being taken thereon, the following voted in favor <br />thereof: <br />The following voted against same: <br />Whereupon said resolution was declared duly passed and adopted... <br />