HomeMy WebLinkAbout1996-021 - Ratification of Acceptance of Bids on $500,000.00BILL NO. 96-21
ORDINANCE NO. ~;'~ - _!~
AN ORDINANCE RATIFYING THE ACCEPTANCE OF BIDS ON $500,000.00.
BE IT ORDAINED BY THE BOARD OF ALDERMEN OF THE CITY OF RIVERSIDE,
MISSOURI, AS FOLLOWS:
SECTION 1: The investment of $499,077.64 in a Fannie
Mae discount note with Commerce Bank at
a rate of 4.900 for six months until
July 24, 1996.
PASSED THIS 20th DAY OF FEBRUARY, 1996.
Mayor Be Ey Burch
ATTEST:
~^ t
~~ ~ ~~
/",1 ~,c~.i , ..,
Grace Kemerl g, City Jerk
APPROVED THIS ol~~ DAY OF FEBRUARY, 1996.
i
N~ayor Be ty Burch