HomeMy WebLinkAbout1986-42 - Ratification of Acceptance of Bids on $400,000.00BILL NO. 86-4~ ORDINANCE NO. 86-42
AN ORDINANCE RATIFYING THE ACCEPTANCE OF BIDS ON THE DEPOSIT
AND CREATING AN ADDITIONAL CITY DEPOSITOR.
BE IT ORDAINED BY THE BOARD OF ALDERMP.N OF THE CITY
OF RIVERSIDE, MISSOURI, AS FOLLOWS:
Section 1. The investment of $400,000.00 in Commerce Bank
at the rate of 5.715 percent per annum for the specified time
of 194 days is hereby ratified.
Passed this 25th, day of September, 1986.
1
MAYOR
ATTEST:
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CITY LERK
Approved this 25th day of September, 1986.
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MAYOR