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HomeMy WebLinkAboutPR 14766: CREDIT CARD FEES - ABOLISH $2.00 TRANSACTION FEE FT Memo>"andum City of Port Arth ur, Texas Finance Department To: Steve Fitzgibbons, City Manag From: Rebecca Underhill, Director of i ce Date: June 6, 2008 Subject: Proposed Resolution 14766 Proposed Resolution 14766 abolishes the $2.00 transaction fee for credit card use. The fee was set in 1999 when the City began accepting credit cards. The fee does not cover the cost of the processing, and may deter some customers from using the payment method. w P. R. NO. 14766 JJA-6/9/08 RESOLUTION NO. A RESOLUTION RESCINDING CREDIT CARD FEES (REQUESTED BY MAYOR PRINCE) WHEREAS, the City Council approved Resolution 99-275, on December. 14, 1999 which established a credit card program and established a user fee for of $2.00 for customers paying with credit cazds; and WHEREAS, the City Council desires to abolish the fee. " NOW THEREFORE BE IT RESOLVED BY -THE CITY COUNCIL OF THE CITY OF PORT ARTHUR: THAT, facts and opinions in the pieamble are true and correct. ' THAT, the Finance Director will no longer collect a fee of $2.00 per transaction to cover the City's cost of the program. READ, ADOPTED, AND APPROVED, this day of June, 2008, AD, at a Regulaz Meeting of the City Council of the City of Port Arthur, Texas by the following vote: AYES: Mayor: Councilmembers: NOES: Mayor ATTEST: Terri Hazilcs;'Acting City Secretary TO FORM: c ~~~~`~~ Mark Sokolow, Ci Attorney ~~ 1 ~ i Ccf~ ~c~~-~- APPROVED FOR ADMINISTRATION: Steve Fitzgibbons, City Manager "'~'C Rebecca Underhill, Finance Director