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REQUEST FOR <br />COUNCIL ACTION <br />CITY COUNCIL MEETING DATE: <br />APRIL 16, 2012 <br />TITLE: <br />AGREEMENT AMENDMENT FOR MERCHANT <br />PAYMENT SERVICES WITH TRANSFIRST, LLC <br />10 <br />CITY MANAGER <br />RECOMMENDED ACTION <br />CLERK OF COUNCIL USE ONLY: <br />APPROVED <br />? As Recommended <br />? As Amended <br />? Ordinance on 1s` Reading <br />? Ordinance on 2nd Reading <br />? Implementing Resolution <br />? Set Public Hearing For_ <br />CONTINUED TO <br />FILE NUMBER <br />Authorize the City Manager and the Clerk of the Council to amend agreement with TransFirst, LLC <br />for the processing of credit card payments in an aggregate limit not to exceed $165,000, during <br />the extension of the Agreement through September, 2012. <br />DISCUSSION <br />The Treasury Division of the Finance and Management Services Agency is responsible for <br />maintaining all banking related services for the City. A component of banking is payment <br />processing. Currently, customers are able to use a credit card to pay City of Santa Ana fees or <br />charges. Acceptance of a credit card as a form of payment involves utilizing a merchant service <br />company to process credit cards through Mastercard or Visa. TransFirst, LLC is the City's <br />merchant service company. TransFirst presents all MasterCard and Visa transactions on behalf of <br />the City for a (discount) fee as dictated in part by MasterCard and Visa. A renewal of the <br />amended agreement with TransFirst, LLC is needed for the processing of credit card payments for <br />a total not to exceed $165,000 annually. <br />FISCAL IMPACT <br />Total contract cost of the agreement is estimated to be $165,000. Funds are available in various <br />department accounts (various 62300). <br />Francisco Gutierrez <br />Executive Director <br />Finance & Management Services Agency <br />25E-1