HomeMy WebLinkAbout1995-015 - Ratification of Acceptance of Bids on $1,400,000.00BILL NO. 95 - /~ ORDINANCE NO. X35 ~~
AN ORDINANCE RATIFYING THE ,gCCEPTANCE OF BIDS ON THE
S 1,400,000.00.
BE IT ORDAINED BY THE BOARD OF ALDERMAN Of THE C1TY Of
RIVERSIDE, MISSOIiRI AS FOLLOWS:
SECTION 1: The investment o£ S 397,989.89 in a 7' Bill
through the Mercantile Bank maturing on September 14, 1995
with yield of 6.046%:.
SECTION 2: The investment of S 500,000.00 in a Certificate
of Deposit with 1st National Bank o£ Platte County for 182
days with a yield of 6.00 e.
SECTION 3: The investment of S 500,000.00 in a Certificate
of Deposit with the Northland National Bank for 6 months
with a yield of 5.00%.
PASSED THIS 21ST DAY OF MARCH, 1995.
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MAYOR
ATTE T:
City Clerk ~~
PASSED THIS 21ST DAY OF MARCH, 1995.
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MAYOR