HomeMy WebLinkAbout1997-058 - Ratification of Acceptance of Bids on $750,000.00BILL NO. 97-58
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ORDINANCE NO. 97-,L ~`
AN ORDINANCE RATIFYING THE ACCEPTANCE OF BIDS ON $750,000.
BE IT ORDAINED BY THE BOARD OF ALDERMEN OF THE CITY OF RIVERSIDE,
MISSOURI, AS FOLLOWS:
SECTION 1: The investment of $750,000 in Federal National
Mortgage Association Discount Notes with
Merrill Lynch at a rate of 5.69a for a period
of six months, maturing on November 26, 1997.
PASSED THIS 3RD DAY OF JUNE, 1997.
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`1~I yo~r Ed Rule /
ATTEST:
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Grace Kemerli City C1¢rk
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APPROVED THIS ~ DAY OF MAY, 1997./~
ayor Ed Rule