City of Columbus - File #: 1347-2010

• File #: 1347-2010
• Version: 1
• Type: Ordinance
• Status: Passed
• File created: 9/15/2010
• In control: Administration Committee
• On agenda: 10/18/2010
• Final action: 10/20/2010
• Title: To authorize the City Treasurer to modify the existing contract for credit card processing services with Huntington Merchant Services; to authorize the expenditure of $565,067.00 from various funds within the city; and to declare an emergency. ($565,067.00)

Date	Ver.	Action By	Action	Result
10/20/2010	1	CITY CLERK	Attest
10/19/2010	1	MAYOR	Signed
10/18/2010	1	Columbus City Council	Approved	Pass
10/18/2010	1	COUNCIL PRESIDENT	Signed
10/4/2010	1	Treasurer Drafter	Sent for Approval
10/4/2010	1	CITY ATTORNEY	Reviewed and Approved
10/4/2010	1	Treasurer Drafter	Sent to Clerk's Office for Council
9/29/2010	1	FINANCE DIRECTOR	Reviewed and Approved
9/28/2010	1	Finance Reviewer	Reviewed and Approved
9/28/2010	1	Finance Reviewer	Reviewed and Approved
9/28/2010	1	Finance Reviewer	Reviewed and Approved
9/27/2010	1	ODI DIRECTOR	Reviewed and Approved
9/27/2010	1	Treasurer Drafter	Sent for Approval
9/27/2010	1	Finance Reviewer	Reviewed and Approved
9/27/2010	1	SAFETY DIRECTOR	Reviewed and Approved
9/27/2010	1	Finance Reviewer	Reviewed and Approved
9/27/2010	1	Finance Reviewer	Sent for Approval
9/22/2010	1	EBOCO Reviewer	Sent for Approval
9/20/2010	1	Auditor Reviewer	Reviewed and Approved
9/15/2010	1	Treasurer Drafter	Sent for Approval
9/15/2010	1	CITY TREASURER	Reviewed and Approved
9/15/2010	1	Treasurer Drafter	Sent for Approval
9/15/2010	1	EBOCO Reviewer	Sent for Approval

Explanation

BACKGROUND:
On February 8, 2010 Columbus City Council passed ordinance number 0137-2010 authorizing the Columbus City Treasurer's Office to modify and extend various banking services contracts, among which was a contract for credit card processing services, for the period of March 1, 2010 through February 28, 2011, on behalf of various city divisions. A contract modification is now being sought on behalf of several divisions that require additional funding. This ordinance increases the contract for credit card processing services. The current contract amount is $618,600.00 The contract modification will increase the contract amount by $565,067.00 to $1,183,667.00.

FISCAL IMPACT: Sufficient resources are available for the increase in the contract amounts within the various city agency 2010 budgets.

Emergency action is requested to allow the financial transaction to be posted in the city's accounting system as soon as possible. Up to date financial posting promotes accurate accounting and financial management.

Contract Compliance: Huntington Merchant Services, 113328074, expiration 3/17/2011



Title

To authorize the City Treasurer to modify the existing contract for credit card processing services with Huntington Merchant Services; to authorize the expenditure of $565,067.00 from various funds within the city; and to declare an emergency. ($565,067.00)

Body

WHEREAS, the City Treasurer wishes to modify the existing contract for credit card processing with Huntington Merchant Services, authorized by Columbus City Council on February 8, 2010 by ordinance number 0137-2010; and

WHEREAS, an additional $565,067.00 is needed on the contract for credit card processing by various divisions throughout the city; and

WHEREAS, as an emergency exists in the usual daily operation of City Treasurer, as it is immediately necessary to modify the existing contract with Huntington Merchant Services and authorize the changes to t...