HomeMy WebLinkAbout1995-005 - Ratification of Acceptance of Bids on $780,652.50BILL NO. 95 -
ORDINANCF_ NO. 95 -ter
AN ORDINANCE RATIFYING THE ACCEPTANCE OF BIDS ON THE
S 780,652.50.
BE I'I' ORDAINED BY THE BORRD OF ALDERMAN OF THE CITY OF
RIVERSIDE, MISSOURI AS FOLLOWS:
SECTION 1: The investment o£ S 480,b52.50 in a Federal
Home loan through the Commerce Bank maturinq_ on August
18, 1995 with yield o{ 6.703%.
SECTION 2: The investment o£ ~ :.i00,vOU.vO in a
Certificate of depoist with the Farmer's Exchange Bank
for 180 days with •9 yield of 5.60%.
PASSED THIS 17TH DAY OF JANUARY, 1995.
ATTEST: /;
l.:
City Clerk -
J
MAYOR
PASSED THIS 17TH DAY OF JANUARY, 1995.
MAYOR