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HomeMy WebLinkAbout1988-47 - Ratification of Acceptance of Bids on $400,000.00BILL N0. 88-47 ORDTNANCE N0. 88-47 AN ORDINANCE RATIFYING THE ACCEPTANCI? OF B.fllS ON THE DEPOSIT AND CRF.ATiNG AN ADDITIONAL CITY DEPOSITOR. BE IT ORDAINED BY THE BOARD OF ALDERMEN OF THE CI'PY OF RIVERSIDE, MISSOURI, AS FOLLOWS: SECTION 1 The investmenT, of $ 400,000.00 in the Commerce Bank of Kansas City, Missouri at the rate of '7.50% per annum for the specified time of 6 months is hereby ratified. Passed this 7th day of July, 1488. MAYOR j ATTEST: ( /tip:!.; - i,~~..~i,~C<'. CiY.y Clerk Approved this 7th day of July, 1988. ~). C, i l~ MAYOR