HomeMy WebLinkAbout2000 - 032 - Ratification on Acceptance of Bids on $5,907,823.65BILL NO. 2000-32
ORDINANCE NO. 2000-
AN ORDINANCE RATIFYING THE ACCEPTANCE OF BIDS ON $5,907,823.65.
BE IT ORDAINED BY THE BOARD OF ALDERMEN OF THE CITY OF RIVERSIDE,
MISSOURI, AS FOLLOWS:
SECTION 1: The investment of $4,765,725.25 in Federal
Home National Mortgage Assoc. Discount Notes
with Merrill Lynch at a rate of 6.225$ interest
and maturing on September 14, 2000.
SECTION 2: The investment of $1,142,098.40 in Federal
Home National Mortgage Assoc. Discount Notes
with Merrill Lynch at a rate of 6.12~k interest
and maturing on August 31, 2000.
PASSED THIS 7TH DAY OF MARCH, 2000.
i
Mayor Ed Rule
~'
AT~'EST: ~ ~
L se Rusick, City Clerk