HomeMy WebLinkAbout1997-008 - Ratification of Acceptance of Bids on $1,000,000.00BILL NO. 97-08 ORDINANCE NO. 97- D~
AN ORDINANCE RATIFYING THE ACCEPTANCE OF BIDS ON $1,000,000.00.
BE IT ORDAINED BY THE BOARD OF ALDERMEN OF THE CITY OF RIVERSIDE,
MISSOURI, AS FOLLOWS:
SECTION 1: The investment of $1,000,000.00 in Federal
National Mortgage Discount notes, with
Commerce Bank, at a rate of 5.40 for a period
of six months, maturing on July 15, 1997.
PASSED THIS 21ST DAY OF JANUARY, 1997.
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ATTEST:
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Grace Kemerli g,- City Cler
APPROVED THIS ~i~i DAY OF JANUARY, 1997.
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