HomeMy WebLinkAbout1995-027 - Authorization to Take Bids on $6,400,000.00BILL NO. 95 -
ORDINANCE NO. 95 - ~ '~
AN ORDINANCE AUTHORIZING THE TAKING OF BIDS FOR S 6,400,000.00
AND AUTHORIZING THE CREATION OF AN ADDITIONAL CITY DEPOSITOR
FOR THE HIGHEST AND BEST BIDS.
BE IT ORDAINED BY THE BOARD OF ALDERMEN OF THE CITY OF
RIVERSIDE, MISSOURI, AS FOLLOWS:
SECTION 1: Authorization is hereby given to accept bids on May
17, 1995 for S 2,000,000.00; May 24, 1995 for S 4,000,000.00
S 400,000.00 on May 25, 1995.
SECTION 2: Depositor shall be required t.o post security for
said funds in compliance with the Missouri State Statutes
and to provide the City Clerk and Finance Committee are
authorized to take all necessary action to carry out the
intent of this ordinance.
PASSED THIS 16TH DAY OF MAY, 1995.
_~~__ _____ MAYOR
ATTEST:
r
City Clerk
APPROVED THIS 16TH DAY OF MAY, 1995.
_!°t ____ _~.A _____ MAYOR