HomeMy WebLinkAbout2005-071 - Ratification of Acceptance of Bids on $20,643,902.44BILL NO. 2005-71
ORDINANCE NO. 2005-71
AN ORDINANCE RATIFYING THE ACCEPTANCE OF BIDS ON $20,643,902.44.
BE IT ORDAINED BY THE BOARD OF ALDERMEN OF THE CTfY OF RIVERSIDE,
MISSOURI AS FOLLOWS:
SECTION 1: The investment of $4,441,277.44 in Federal Home Loan Bank Discount
Notes with Merrill Lynch at a rate of 3.7389% maturing on January 20, 2006.
SECTION 2: The investment of $10,771,544.95 in Federal National Mortgage
Association Discount Notes with Merrill Lynch at a rate of 3.7606% maturing on
February 6, 2006.
SECTION 3: The investment of $5,431,080.05 in Federal Home Loan Mortgage
Corporation Discount Notes with Merrill Lynch at a rate of 3.821 % maturing on January
20, 2006.
PASSED THIS 16th DAY OF August, 2005.
ATTE
ity Clerk
Mayor
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