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File #: 0994-17    Version: 1 Name: FiServ Contract
Type: Resolution Status: Approved
File created: 9/8/2017 In control: Urban County Council
On agenda: 10/12/2017 Final action: 10/12/2017
Enactment date: 10/12/2017 Enactment #: R-611-2017
Title: A Resolution authorizing the Mayor, on behalf of the Urban County Government, to execute a multiyear Agreement with FiServ Solutions, LLC for services related to the payment processing of LexServ accounts, at a cost not to exceed $10,150 in FY2018. [Div. of Revenue, Cook]
Attachments: 1. FiServe Bluesheet Memo.pdf, 2. Lexington-Fayette DEPDA Draft Fiserv Edits 2017 08 23.pdf, 3. 00586216.pdf, 4. RESOLUTION - 611-2017.pdf, 5. 303-2017 - CONTRACT.pdf
Title
A Resolution authorizing the Mayor, on behalf of the Urban County Government, to execute a multiyear Agreement with FiServ Solutions, LLC for services related to the payment processing of LexServ accounts, at a cost not to exceed $10,150 in FY2018. [Div. of Revenue, Cook]
Summary
Authorization to execute an Agreement between FiServ Solutions, LLC and LFUCG to serve as a LexServ payment processor. The Contract amount is not to exceed $10,150. Funds are Budgeted. (0994-17)(Cook/O'Mara)
Budgetary Implications [select]: Yes
Advance Document Review:
Law: { Yes/No, Completed by [Attorney Barberie, August 2017]}
Risk Management: {Select Yes/No, Completed by [Official, Date]}
Fully Budgeted [select]: Yes
Account Number: 4002-202101-2011-78701 $5,379.50
4051-202101-2011-78701 $2,740.50
4121-202101-2011-78701 $2,030.00

This Fiscal Year Impact: $10,150
Annual Impact: $10,200
Project:
Activity:
Budget Reference:
Current Balance: $142,000 in all accounts
Body
BE IT RESOLVED BY THE COUNCIL OF THE LEXINGTON-FAYETTE URBAN COUNTY GOVERNMENT:
Section 1 - That the Mayor, on behalf of the Lexington-Fayette Urban County Government, be and hereby is authorized to execute a multiyear Agreement, which is attached hereto and incorporated by reference, with FiServ Solutions, LLC for services related to the payment processing of LexServ accounts, at a cost not to exceed $10,150.00 in FY2018.
Section 2 - That an amount not to exceed the sum of $10,150.00 in FY 2018, be and hereby is approved for payment to FiServ Solutions, LLC, from account #4002-202101-78701 ($5,379.50), account #4051-202101-78701 ($2,740.50), and account #4121-202101-78701 ($2,030.00), pursuant to the terms of the Agreement, with future fiscal years subject to the appropriation of sufficient funds.
Section 3 - That this Resolution shall become effective on the date of its passage.
PASSED URBAN COUNTY COUNCIL:

______________________________
MAYOR


ATTEST:


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