HomeMy WebLinkAbout1987-43 - Ratification of Acceptance of Bids on $900,000.00BILL r~O. £37-43
O'?DI?'TAIJCF :vO. 87-43
AN ORDIIdA~CP RATIFYING Trite ACC'r~PTA:~CP. OF SIDS O:~ `==", ^~'-HOOT"'
ADD CRL'ATING Aiv ADDI~i`'IOI~IT.I, CITY Di;POSITOP..
i3r IT ORDAIi`TPD 3Y TF?E 3OARD OF AI~DtR""I,~T O'? "'" ~~ CI"v OT~' RIVr "`' 1.D?', ,
~?ISSOURI , As FoLLoT~rs
Section I. The investment of $50^,000.00 in the First T?ational
Bark o` Platte County, at the rate of 7.50 percent Her a_.nu.~~ fo~°
the specified tine of 130 days.
Section II. ~l'he investment of $300,OQO.CO in the Landmark ':CI
Bank of 7.°5 percent Her annum for the snecz.ried tir:e of _30 days.
Section III. The investment of $100,000.00 in the '3ank of
Riverside of 7.75 percent Her annu;^, ror t'7e s-~eci~^ied time o`
one year.
Passed this 20th day of October,
ATTEST : ~t~1Lt, ~ cc t ~ ~~.
City Cler;c
j~ I
1387 ~ I i
i I
i ~
^lavor
Approved this 20th day o-` October,