HomeMy WebLinkAbout1994-08 - Ratification of Acceptance of Bids on $1,200,000.00BILL NO. 94 - 8 ORDINANCE NO. 94 - 8
AN ORDINANCE RATIFYING THE ACCEPTANCE OF BIDS ON THE
a 1,200,000.00.
BE TT ORDAINED BY THE BORRD OF ALDERMAN OF THE CITY OF
RIVERSIDE, MISSOURI AS FOLLOWS:
SECTION 1: The investment a£ S 500,000.00 in a CD with
Norbank to mature on July 26, 1994 with an interest rate
o£ 3.25"%.
SF,CTION :': The investment. o£ S 492,239.7?_ in a T Sill
through Commerce Bank to mature on July 28, 1994 with a
yield of 3.16:x.
SECTION 3: The investment o£ S 200,000.00 in a CD with
through 1st National Bank of Platte County to mature on
April 27, 1994.
PASSED THIS 1ST DAY OF FEBRUARY, 1994.
MAYOR ~
ATTEST:
City Clerk
APPROVED THIS 1ST DAY OF FEBRUARY, 1994.
MAYOR