HomeMy WebLinkAbout1992-47 - Ratification of Acceptance of Bids on $1,000,000.00BILL NO. `~ i~ -` ORDINANCE NO. -~ ~ ',
AN ORDINANCE RATIFYING THE ACCEPTANCE OF BIDS ON THE
S 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 S 500,000.00 i.n a C D
from 1st National Bank of Platte County with the
interest rate of 3.75 that matures on January 28, 1993.
SECTION 2: The investment of S SOO,000.OU in a C D from
Merchsnts Bank with the interest rate of 4.25% that
msturea January 26, 1993.
PASSED THIS 4TH DAY OF AUGUST, 1992.
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MAYOR
ATTEST:
City Clerk ~
APPROVED THIS 4TH DAY OF AUGUST, 1992
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MAYOR