Explanation
The purpose of this ordinance is to increase the current contract between the City Treasurer and the Fifth Third Bank, and its processing agent, Fifth Third Processing Solutions, for credit card processing services at the Parking Violations Bureau in the amount of $5,700.00, and to declare an emergency. The contract runs from March 1, 2004 through February 28, 2005
FISCAL IMPACT: Funds are available in the 2004 budget to cover this additional expense.
Title
To authorize the City Treasurer to modify a contract with Fifth Third Bank and its processing agent, Fifth Third Processing Solutions, for the provision of credit card processing services, to authorize the expenditure of $5,700.00 from the General Fund, and to declare an emergency. ($5,700.00)
Body
Whereas, the City Treasurer has entered into a contract with Fifth Third Bank and its processing agent, Fifth Third Processing, for credit card processing services, and
Whereas, the Parking Violations Bureau has experienced higher than anticipated fine collections from their walk-in customers using credit cards, and
Whereas, an emergency exists in the usual daily operation of the Parking Violations Bureau and it is immediately necessary to increase the existing contract between the City Treasurer and Fifth Third Bank and its processing agent, Fifth Third Processing Solutions to provide uninterrupted processing of credit card payments, now therefore:
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
Section 1. That the City Treasurer is authorized to increase the contract between the City of Columbus and Fifth Third Bank and its processing agent, Fifth Third Processing Solutions, for the processing of credit cards in the amount of $5,700.00.
Section 2. That the expenditure of $5,700.00 is authorized as follows:
Department Fund OCA Code Object Level 3 Amount
23-03 01 230301 3348 $5,700.00
Section 3. That for the reasons stated in the preamble hereto, which is hereby made ...
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