HomeMy WebLinkAbout1984-14 - Ratification of Acceptance of Bids on $500,000.00BILL N0. 84-14
ORDINANCE N0. 84-14
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 $300,000.00 in the Kansas City
Bank & Trust Company at the rate of 10.75 percent per annum for the
specified time of one year is hereby ratified.
Section 2. The investment of $200,000.00 in the Westport Bank
at the rate of 10.25 percent per annum for the specified time of
one year is hereby ratified.
Passed this 17th day of April, 1984. ~~ ~~ ~
May r
ATTEST:
0
City Cle e
Approved this 17th day of April,
1984.
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May