HomeMy WebLinkAbout1988-09 - Ratification of Acceptance of Bids on $500,000.00BILL N0. 88-9
ORDINANCE NO. 88-9
AN ORDINANCE RATIFYING THE ACCEPTANCE OF BIDS ON THE DEPOSIT
AND CREATING AN ADDITIONAL CITY DEPOSITOR.
BE IT ORDAINED BY THE BOARD OF ALDERrEN OF THE CITY
OF RIVERSIDE, MISSOURI, AS FOLLOWS:
Section 1. The investment of $500,000.00 in Norbank
at the rate of 7.10 percent per annum for the specified time
of X65 days or one ,year is hereby ratified.
Passed this 2nd day of February, 1988.
/, %i
P,4ayor Pro-Tem
ATTEST : -~ -----.-~ -~_~~~
City Clerk
Approved this 2nd day of February, 1988.
~ ~ry
Mayor Pro-Tem