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Page 4. <br /> city purchases and contracts may be made by the clerx-administrator <br /> • when the amount involved does not exceed $ ,%' . Purchases and <br /> contracts above this amount shall be let by the council. Contracts shall <br /> be made in compliance with statute, and whenever competitive bids are <br /> required, the contract shall be let tothe lowest responsible bidder. <br /> All contractsbond Astruments of any`.,xind to which the city is a party, <br /> shall be signed by the mayor and the cleric-administrator on behalf of the <br /> city and shall be executed in the name of\the city. The council may by <br /> ordinance adopt further regulations for the maxing of bids and letting <br /> of contracts. <br /> • <br /> • <br /> • <br /> S <br />