HomeMy WebLinkAbout1986-07-08~,•- 4
~ MINUTES OF REGULAR MEETING OF BOARD OF ALDERMEN
~ OF CITY OF RIVERSIDE, MISSOURI
JULY 8, 1986
A regular meeting of the Board of Aldermen of the City. of
Riverside, Missouri was held in the City Hall in Riverside,. Missouri
on July 8, 1986, at 7:30 p.m. The roll was called and Karr, Gordy,
Peeler, Wedua and Brenner were present, Best absent and Mayor Holmes
called said meeting to order.
The Minutes of June 24, 1986, were read and approved.
The Minutes of July 1, 1986,, were read and approved as cor-
rected.
The 1986-87 proposed budget was discussed and changes were
made wherever necessary.
Karr moved that a recess be called, seconded by Gordy, the
roll was called and votes were as follows: Karr, Gordy, Peeler,
Wedua and Brenner voted aye; Best absent.
Meeting reconvened on July 9, 1986, at 5:00 p.m. On a roll
call, Aldermen Karr, Gordy, Peeler, Wedua and Brenner were present,
Best absent; and Mayor Holmes presiding over remainder of meeting.
~`" The following bids were received on $400,000:
Riverside, Bank - $200,000 for 6 months 5.65% interest
for 1 year - 5.8% interest.
Norbank of North Kansas City - $400,000 for 182 days - 6.45%
interest.
Boatmen's First National
Karr moved that we
same being the bid of Norban
that this be Bill No, 86-32,
and-votes were as -follows:
voted aye; Best absent; said
- $400,000 for 90 days 6.20% interest
for 6 mos. 6.25% interest.
accept the best bid on the '$400,000,
k for 182 'days at 6.45% `interest;' and,
seconded by Brenner; the roll was called
Karz, Gordy, Peeler, Wedua .and. Brenner
bill was accordingly read..
Brenner moved .that Bill No. 8b-32 be placed on its second
:reading, seconded by Karr, the roll was- called and votes were as
follows: Karr, .Gordy.,. Peeler., Wedua and Brenner voted aye; Best
absent;`said bllwas accordingly read..
Karr•moved that Bi11 No. 86-~2 be placed on its third reading
and upon passage of same become Ordinance N0. 86=32, seconded by
Brenner, the-roll was called and votes were as follows: Karr, Gordy,
Peeler, Wedua and Brenner voted aye; Best absent; said bill was
`-' accordingly read, attached hereto and made a part hereof, approved
by Mayor. Holmes and became Ordinance N0. 86-32.
,rte
`..
Minutes of Reg. Meeting
Page 2, July 9, 1986
Karr moved that the Finance Committee secure bids on $500,000
and that same be Bi11 No. 86-33, seconded by Brenner, the roll was
called and votes were as follows: Karr, Gordy, Peeler, Wedua and
Brenner voted aye.; Best absent; said bill was accordingly read.
Brenner moved that Bill No. 86-33, be placed on its second
reading, seconded by Karr, the roll was called and votes were as
follows: Karr, Gordy, Peeler, Wedua and Brenner voted aye; Best
absent; said bill was accordingly read.
Brenner moved that Bill NU. 86-33 be placed on its third
reading and upon passage of same become ordinance NO. 86-33, seconded
by Karr, the roll was called and votes were as follows: Karr, Gordy,
Peeler, Wedua and Brenner voted aye; said bill was accordingly read,
attached hereto and made a part hereof, approved by Mayor Holmes
and became Ordinance NO. 86-33.
There being no further business to come before the Board, upon motion
duly made, seconded and passed, meeting adjourned at 5:30 p.m.
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