HomeMy WebLinkAbout2002-102 - Ratification of the Acceotance of Bids on $11,405,520.23BILL NO. 2002-102
ORDINANCE. NO. 2002-102
AN ORDINANCE RATIFYING THE ACCEPTANCE OF BIDS ON $ll,405,520.23
BE IT ORDAINED BY TIIE BOARD OF ALDERMEN OF' THE CI'PY OF RIVERSIDE,
MISSOURI, AS FOLLOWS:
SECI'iON 1: The investment oI' $8,SS7,308.75 in Federal Home Loan Mortgage
Association lliscount Notes with Merrill Lynch at a rate of 1.74%o
Maturing on October 31, 2002.
SECTION 2: 1'he investment of $2,M8,2ll.4S in Federal Home Loan National Mortgage
Association lliscount Notes with Commerce Bank at a rate of 1.66%
Maturing on October 31, 2002.
PASSED THIS 27TH DAY OF AUGUST, 2002.
AT'l'P;ST•
Lo ise Rusick - ity Clerk
Mayor Bet Burch