HomeMy WebLinkAbout2000 - 041 - Ratification of Acceptance of Bids on $1,636,369.80BILL NO. 2000-41
ORDINANCE NO. 2000- ~~
AN ORDINANCE RATIFYING THE ACCEPTANCE OF BIDS ON $1,636,369.80.
BE IT ORDAINED BY THE BOARD OF ALDERMEN OF THE CITY OF RIVERSIDE,
MISSOURI, AS FOLLOWS:
SECTION 1: The investment of $573,139.32 Federal
Home National Mortgage Assoc. Discount Notes
with Commerce Bank at a rate of 6.295 for a
period of six months, maturing on September 14,
2000.
SECTION 2: The investment of $1,099,230.48 in Federal
Home National Mortgage Assoc. Discount Notes
with Merrill Lynch at a rate of 6.227 for a
period of six months, maturing on September 28,
2000.
PASSED THIS 11TH DAY OF APRIL, 2000.
Mayo E Ru e
~~
AT El ~ '
~~
~ ~ ~
Lo ise Rusick, City Clerk