HomeMy WebLinkAbout1991-24 - Ratification of Acceptance of Bids on $1,000,000.00BILL N0. 7~~~`T
ORDINANCE N0. /~ ~ ~ r
AN ORDINANCE RATIFYING THE ACCEPTANCE OF BIDS ON THE
5 1.000,000.00.
BE IT ORDAINED BY THE BOARD OF ALDERMAN OF THE CITY
OF RIVERSIDE, MISSOURI AS FOLLOWS:
SECTION 1: The investment of 5500,000.00 in a
certificate of deposit with Boatmen's Bank for a
period of 90 days at the rate of 5.400.
SECTION 2: The investment of 5 500,000.00 on a
certificate of deposit with the Landmark KCI Bank
for a period of 90 davs at the rate of 5.65%.
PASSED THIS 15TH DAY OF AFRIL, 1991.
ATTEST:
~~~~j
City Clerk
> >
MAYOR ~^
APPROVED THIS 16TH DAY OF APRIL, 1991
MAY~R