HomeMy WebLinkAbout1990-41 - Ratification of Acceptance of Bids on $500,000.00BILL N0.
ORDINANCE N0.
AN ORDINANCE RATIFYING THE ACCEPTANCE OF BIDS ON THE
5 500,000.00.
BE IT ORDAINED BY THE BOARD OF ALDERMAN OF THE CITY OF
RIVERSIDE, MISSOURI AS FOLLOWS:
SECTION 1: The investment of 5400,000.00 in a certificate
of deposit with American Rank for a period of 1 year at the
rate of 8 %.
SECTION 2: The investment of 5 100,000.00 in a certificate
of deposit with the merchants bank for a period of 5 months
at the rate of 8.15 %.
PASSED THIS 10th DAY OF JULY, 1990.
ATTEST:
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City Clerk
~ l
MAYOR ~;-`
APPROVED THIS 10TH DAY OF JULY, 1990.
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MAYOR