HomeMy WebLinkAbout1996-095 - Ratification of Acceptance of Bids on $500,000.00BILL NO. 96-95 ORDINANCE NO. 96- ~5
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 $500,000 in a Certificate
of Deposit with Farmers Exchange Bank at an
interest rate of 5 o for a period of six
months, maturing on 2-28-97.
PASSED THIS 3RD DAY OF SEPTEMBER, 1996.
or d R e
ATTEST:
_ti_-
Grace Kemerll,ng, City Clerk
APPROVED THIS ',i._.~ DAY OF SEPTEMBER, 1996.
Ma r Ed Rule