The Council shall provide by resolution the time and manner of doing the work of such improvement, and may provide for the city to do the work, or it may award the work on contract. In the event the work is done under contract, bids shall be received after advertisement for such time as the Council may determine, on all such work, the estimated cost of which is more than one thousand five hundred dollars ($1,500.00) as provided in Section 44 of the City Charter, The contract shall be awarded to the lowest responsible bidder, provided the Council shall have the right to reject any or all bids when they are deemed unreasonable or unsatisfactory for any good reason. The Council shall provide for the taking of security by bond for the faithful performance of any contract let under its authority, and the provisions thereof, in case of default, and such shall be enforced in the name of the city.

In no instance may such a contract as above provided be let until the notice set forth in Section 3.12.040 be properly given, public hearing be held and the time for making or filing of remonstrance have expired and the Common Council determined by resolution to proceed with the proposed public improvement. (Ord. 2-1961 § 6, 1961.)