HomeMy WebLinkAbout1994-43 - Authorization to Take Bids on $1,200,000.00BILL N0. 94 - ~~ ORDINANCE N0. 94 - ~'~.~
AN ORDINANCE AUTHORIZING THE TAKING OF BIDS FOR 51,200,000
AND AUTHORIZING THE CREATION OF AN ADDITIONAL CITY
DEPOSITOR FOR THE HIGHEST AND BEST BIDS.
BE IT ORDAINED BY THE BOARD OF ALDERMEN Ofi THE CITY OF
RIVERSIDE, MISSOURI, AS FOLLOWS:
SECTION 1: Authorization is hereby given to accept bids
on July 25, 1994 for 5 500,000.00 maturing July 26, 1994.
SECTION 2: Authorization is hereby given to accept bids
on July 26, 1994 for 5 200,000.00 maturing July 27, 1994.
SECTION 3: Authorization is hereby given to accept bids
on July 27, 1994 for S 500,000.00 maturing July 28, 1994.
Section 4: 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 and are authorized to take all necessary action
to carry out the intent of this ordinance.
PASSED THIS 19TH DAY OF JULY 1994.
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MAYOR V
ATTE~tT:
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City Clerk ~-----
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APPROVED THIS 19TH DAY OF JULY, 1994.
MAYOR