HomeMy WebLinkAbout1993-09 - Ratification of Acceptance of Bids on $1,000,000.00BILL N0. ~~ _~ __ ORDINANCE NO. ~"3'_~_
AN ORDINANCE RATIFYING THE ACCEPTANCE OF SIDS ON THE
S 1,000,000.00.
BE I1' ORDAINED BY THE BOARD OF ALDERMAN OF THE CITY OF
RIVERSIDE, MISSOURI AS FOLLOWS:
SECTION 1: The inveatment of S 500,000.00 in a C D from
Norbank to maturing on July 26, 1993 with the interest
rate at 3.25%.
SECTION 2: The inveatment of S 526,204.15 in a T Note
from Commerce Bank, maturing on July 31, 1993 with
interest yielding 3.157%.
PASSED THIS 2ND DAY OF FEBRUARY, 1993.
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MAYOR
ATTEfST
/ ~_-~/
City Clerk ~ i
AFFROVED THIS 2ND DAY OF FEBRUARY, 1993
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MAYOR