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HomeMy WebLinkAbout13-152 Utility Billing Electronic Payment Fees/� PRjQ\ U M �I - 4646 Dakota Street SE Prior Lake, MN 55372 RESOLUTION 13 -152 A RESOLUTION AUTHORIZING AN AMENDMENT TO THE CITY OFFICIAL FEE SCHEDULE Motion By: Morton Second By: Soukup WHEREAS, The City currently offers an ACH payment option (utility payments automatically withdrawn from customers' accounts on the due date) and accepts payments through 3,d party providers such as Metavante, Check Free and Online Resources (the customer initiates the payments through their bank) without any transaction fee charged by the City; and WHEREAS, The City plans to provide additional payment mechanisms for utility customers, specifically, eChecks; and WHEREAS, The City considers the transaction fees incurred for providing the additional payment mechanism of eChecks a cost of doing business and will, therefore, incorporate those costs into the utility rates; and WHEREAS, The City does not wish to absorb the cost for providing the additional payment mechanisms of debit/credit cards and, therefore, pass on these costs to other utility customers in the utility rates. NOW THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE, MINNESOTA as follows: 1. The recitals set forth above are incorporated herein. 2. Transaction fees incurred for debit and credit card transactions for utility payments will be paid directly by utility account holders. 3. The Council has authorized that the transaction costs incurred for debit/credit card utility payments be added to the City Official Fee Schedule, and that the Fee Schedule should be amended to reflect these fees. PASSED AND ADOPTED THIS 28 DAY OF OCTOBER 2013. YES 1• Hedberg X Hedberg Keeney X Keeney McGuire X McGuire Morton X Morton Soukup X Soukup - �,; 4*1 , Frank yyl s, tity Manager