HomeMy WebLinkAbout1994-34 - Authorization of the Taking of Bids on $300,000BILL NO. 94 -,.3~
AN ORDINANCE AUTHORIZING THE TAKING
AND AUTHORIZING THE CREATION OF AN
FOR THE HIGHEST AND BEST BIDS.
ORDINANCE NO. 94 - .3 ''%
OF BIDS FOR S 300,000.
ADDITIONAL CITY DEPOSITOR
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
July 5, 1994 S 300,000.00, or time deposits or £or T Bills
or T Notes or Certificates of deposits for six months or one
(1) year and authorizing investment of said funds with the
highest and best bidders.
SECTION 2: Depositor shall be required to post security for
said funds in compliance with the Missouri State statutes
and to provide for the City Clerk and Finance Committee
are authorized to take all necessary action to carry out the
intent of this ordinance.
PASSED THIS 21ST DAY OF JUNE, 1994.
ATTEST:
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City Clerk ~-=~ -
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APPROVED THIS 21ST DAY OF JUNE, 1994.
MAYOR
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MAYOR