HomeMy WebLinkAbout2001-050 - Ratification of Acceptance of Bids on $2,290,890.60BILL NO. 2001-50
ORDINANCE NO. 2001-~0
AN OF2D-NAtiCE RATIFY"ING "THE ACCE:I'TANCE OF' BIDS ON $2,290,890.60
BE 1"T ORDAINED BY "1'HE BOARD OF ALDER~YIEN OF THE CITI' OF RIVERSIDE,
111SS01'RI, AS FOLLOW"S:
SECTION L• The investment of $2,290,890.60 Federal Home Loan Mortgage
Associafion Discount rote with Commerce Bank at a rate of
-{.221'% for a period of three months, maturing on .July 26,
2001.
PASSED THIS J'` DAY OF MAY, 2001
i
Ytayor Betty Burch
TT E~'~':
r'~
L uise Rusick. Ci Clerk