HomeMy WebLinkAbout1992-21 - Ratification of Acceptance of Bids on $985,641.02BIC.L. NO. %~-a~_ ORDINr1PdCE NO. ~%T ~~~
AN ORDINANCE- RATII~Y:CNC; THE ACCEY'I'AN~'E OF BIDS ON THF_
EtE IT ORDAINED EiV THE BOARD OF ALDERI•tAtJ Ofi THE CITY OF
RIVER ~]:DE, MI==;~;Ol1RI A~ FOLLOWS:
_~Ei:TIOpd 1: `Tike inveat_ment r:,t S 496,:1.70,74 in a ']' Bill
with Uni t.ed Missour i. Bank ~.d it_h an intE~rest rate of 3. ~-~8%
ti,at. matures on Or_tc:~ber. ~++, .1992.
SECTION ~. The in:,~estment of S ~}`.3i~,-}70.2 in a T Bill
witP, B,~atn'i:3n's Bank gat the inter-e-st. r. _ite n:L _ .x3'9'7':; tt,:,t
,n~tur-:~ ,gip il~__t~.~~b~.r Fr. 1`_1`x;_'.
PASSED TEfI`~~ 1.=iTH DAY OF APRIL 199 ~.
r~n••raF'
ATTE:ST':
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C; i.t.y C.1erk
APPROVEll TI{IS 14'1'Ii DAY OF APRIL , l9'3
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