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HomeMy WebLinkAbout1994-21 - Ratification of Acceptance of Bids on $1,300,000.00h BILL NO. 94 -/ ~ ORDINANCE NO. 94 - AN ORDINANCE RATIFYING THE ACCEPTANCE OF BIDS ON THE ~ 1,300,000.00. BE IT ORDAINED BY THE BOARD OF' ALDERMAN OF THE CITY OF RIVERSIDE, MISSOURI HS FOLLOWS: SECTION 1: The investment of ~: 450,000,00 in a T Note through United Missouri Bank October 31, 1994 with an interest yield of 4.104"~, SECTION 2: The investment of S 490,217.50 in a T Note through Boatman's Bank tip mature on October E., 1994 with. a yield of 4.002 0. SECTION 3: The investment of S 300,OGG.00 in a CD with through 1st National Bank of Platte County to mature on July b, 1954. PASSED THIS 15TH DAY OF HPRIL, 1994. MHYOR ATTES'T': ~_`- / ! 9 City Clerk -.- / ' HPPROVED THIS 19TH DAY OF HF~k1L, 1594. ------- - ----------- MAYOR