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Agreements for Collection Agency Services with <br />PennCredit & American Capital Enterprises, Inc. <br />May 16, 2017 <br />Page 3 <br />FISCAL IMPACT <br />As payment for services for both collection agencies is contingent upon successful collection, <br />both PennCredit and American Capital Enterprises, Inc. will independently share in the total <br />revenue recovered from their individual efforts. There is no direct fiscal impact on any <br />expenditure accounts of the City or its related agencies. <br />Francisco Gutierrez <br />Executive Director <br />Finance and Management Services Agency <br />Exhibits: 1. First Amended Agreement with PennCredit <br />2. First Amended Agreement with American Capital Enterprises, Inc. <br />AC:WH <br />25D -3 <br />