HomeMy WebLinkAbout1986-15 - Ratification of Acceptance of Bids on $400,000.00BILL NO. 86-15 ORDINANCE NO. 86-15
AN ORDINANCE RATIFYING THE ACCEPTANCE OF BIDS ON THE DEPOSIT
AND CREATING AN ADDITIONAL CITY DEPOSITOR.
BE IT ORDAINED BY THE BOARD OF ALDERMEN OF THE CITY OF
RIVERSIDE, MISSOURI, AS FOLLOWS:
Section 1. The investment of $400,000.00 placed in
increments of $100,000.00, in the Commerce Bank of Kansas City,
at the rate of 7.90 percent per annum for the specified time
of 180 days. Maturity date will be September 29, 1986.
Passed this lst day of April, 198 .
May
ATTEST: __
Ci y Clerk
Approved this 1st day of April, 1986.
Mayo