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REQUEST FOR <br />COUNCIL ACTION <br />CITY COUNCIL MEETING DATE: <br />OCTOBER 15, 2012 <br />TITLE: <br />AMENDMENT TO AGREEMENT FOR <br />MERCHANT PAYMENT SERVICES WITH <br />TRANSFIRST, LLC <br />_(? ! (,-- /) \'?' 0, <br />CITY MANAGER <br />RECOMMENDED ACTION <br />CLERK OF COUNCIL USE ONLY: <br />APPROVED <br />? As Recommended <br />? As Amended <br />? Ordinance on 151 Reading <br />? Ordinance on 2"d 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 execute the attached fifth amendment <br />to agreement with TransFirst LLC, approving compensation not to exceed $165,000 annually, for <br />two one-year terms commencing October 1, 2011 and continuing through September 30, 2013. <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. TransFirst presents MasterCard and Visa transactions on behalf of the City for a <br />(discount) fee as dictated in part by MasterCard and Visa. An amendment approved in April <br />2012 provided for the agreement to continue through September, 2012. However, clarification <br />regarding the period in which funding was requested for is needed. We are seeking funding for <br />the prior term from October, 2011 through September, 2012 in addition to the extended term <br />through September, 2013. Renewal of the amended agreement with TransFirst, LLC is needed <br />for the processing of credit card payments for a total not to exceed $165,000 annually. <br />FISCAL IMPACT <br />Funds are budgeted and available in various department accounts (various -62300). <br />Francisco Gutierrez <br />Executive Director <br />Finance & Management Services Agency <br />25E-1