HomeMy WebLinkAbout1994-54 - Authorization to Take Bids on $400,000.00BILL NO. 94 - -~~ ORDINANCE NO. 94 - .5
HN ORDINANCE AUTHORIZING THE 'TAI{ING OF BIDS F'OR S 400,000
A11D AU'fHOFt11ING THE CREATION OF HN ADDI'T'IONAL CITY
DEPOSITOR FOR THE HIGHEST AND BEST BIDS.
BE? I'I' URLiAINED' BY THE BOARD" OF ALDERMEN OF THE CITY OF'
RIVERSIDE, MISSOURI, AS FOLLOWS:
~EC'tION 1: Huthorization is hereby given to accept Lids
on September 15, 1994 for S 4UU,000.00 for time deposits
or for "1' Bills for six rnanths or one year and authorizing
investment of said fund with the highest. and best. bidders.
SECTION: Depositor shall Le required to post security
£ox said funds in compliance with the Missouri State
:statutes and t.o provide the City Clerk and Finance
Committee are authorized to take all necessary action to
carry out the intent. o£ this ordinance.
PASSED THIS 13TH DAY OF SEPTEMBER, 1994.
MAYOR -- -___ - -
ATTES"I':
City Clerk
_ ~
HPPROVED THIS 13TH DAY OF' SEPTEMBER, 1994.
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MAYOR