City of Columbus - File #: 1723-2005

• File #: 1723-2005
• Version: 1
• Type: Ordinance
• Status: Passed
• File created: 10/5/2005
• In control: Administration Committee
• On agenda: 10/24/2005
• Final action: 10/26/2005
• Title: To authorize the City Treasurer to modify a contract with Fifth Third Banks and its processing agent, Fifth Third Processing Solutions, for the provision of credit card processing services, and to authorize the expenditure of $70,000.00 from the Water Operating Fund, and to declare an emergency. ($70,000.00)

Date	Ver.	Action By	Action	Result
10/26/2005	1	ACTING CITY CLERK	Attest
10/25/2005	1	MAYOR	Signed
10/24/2005	1	Columbus City Council	Approved	Pass
10/24/2005	1	COUNCIL PRESIDENT	Signed
10/7/2005	1	CITY TREASURER	Reviewed and Approved
10/7/2005	1	CITY ATTORNEY	Reviewed and Approved
10/7/2005	1	CITY TREASURER	Sent to Clerk's Office for Council
10/6/2005	1	ODI DIRECTOR	Reviewed and Approved
10/6/2005	1	CITY TREASURER	Reviewed and Approved
10/6/2005	1	CITY TREASURER	Reviewed and Approved
10/6/2005	1	Auditor Reviewer	Reviewed and Approved
10/6/2005	1	CITY AUDITOR	Reviewed and Approved
10/5/2005	1	CITY TREASURER	Reviewed and Approved
10/5/2005	1	CITY TREASURER	Reviewed and Approved

Explanation

The purpose of this ordinance is to increase the current contract between the City Treasurer and Fifth Third Bank and its processing agent, Fifth Third Processing Solutions, for credit card processing services at the Water Division in the amount of $70,000.00. The contract runs through February 28, 2006

FISCAL IMPACT: Funds are available in the Water Operating budget to cover this expense.



Title

To authorize the City Treasurer to modify a contract with Fifth Third Banks and its processing agent, Fifth Third Processing Solutions, for the provision of credit card processing services, and to authorize the expenditure of $70,000.00 from the Water Operating Fund, and to declare an emergency. ($70,000.00)


Body

Whereas, the City Treasurer has entered into a contract for credit card processing services with Fifth Third Banks and its processing agent, Fifth Third Processing Solutions.

Whereas, as an emergency exists in the usual daily operation of the Water Division, as it is immediately necessary to amend the contract between the City Treasurer and Fifth Third Bank and its processing agent, Fifth Third Processing Solutions for the processing of credit card services to avoid any interruption in services; now therefore,

BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS

Section 1. That the City Treasurer is hereby authorized to increase the existing contract between Fifth Third Bank and its processing agent, Fifth Third Processing Solutions for the provision of processing credit cards in the amount of $70,000.00.

Section 2. That the expenditure of $70,000.00 is authorized as follows:

OCA Code Object Level 1 Object Level 3 Purpose Amount

602318 03 3348 Banking Services $70,000.00

Section 3. That for the reasons stated in the preamble hereto, which is hereby made a part hereof, this ordinance is her...