HomeMy WebLinkAbout1987-16 - Ratification of Acceptance of Bids on $404,317.39BILL NC. 87-16 ORDINANCE N0.87-1G
AN ORDINANCE RATIFYING THE ACCEPTANCE OF BIDS ON THE DEPOSIT
AND CREATING AN ADDITIONAL CITY DEPOSITOR.
BE IT ORDAINED BY THE BOARD OF ALDERMEN OF THE CITY OF RIVERSIDE,
MISSOURI, AS FOLLOWS:
Section 1. The investment of $404,317.39 in the Commerce
Bank of Kansas City, at the rate of 6.12 percent per annum for the
specified time of 358 Days.
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Passed this 7th day of April, 1987. ! ~
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Mayo
ATTEST : %~: ~-i /•_~ , , ~ 1.~
City Clerk
Approved this 7th da,y of April, 1987.
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__ P.Iayor