Title
A Resolution authorizing and directing the Mayor, on behalf of the Urban County Government, to execute a Letter Agreement (awarded pursuant to RFP 32-2022) with JP Morgan Chase Bank, N.A., for merchant services and electronic bill presentment and payment services to expand credit card and online payment options, for the Div. of Revenue, at a cost not to exceed $19,409.60. [Div. of Revenue, Holbrook]
Summary
Authorization to enter into an Agreement with JP Morgan for merchant services and electronic payment bill presentment and payment services to expand credit card and online payment options for the Lexington-Fayette Urban County Government, at a cost of $19,409.60. Funds are Budgeted. (L1197-22)(Holbrook/Hensley)
Budgetary Implications [select]: Yes
Advance Document Review:
Law: { Select Yes/No, Completed by [Attorney Name, Date]}
Risk Management: {Select Yes/No, Completed by [Official, Date]}
Fully Budgeted [select]: Yes
Account Number: 1101-202101-0001-78101
This Fiscal Year Impact: $ 19,409.60
Annual Impact: $ 19,409.60
Project:
Activity:
Budget Reference:
Current Balance:
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 and directed to execute a Letter Agreement, which is attached hereto and incorporated herein by reference, (awarded pursuant to RFP 32-2022) with JP Morgan Chase Bank, N.A., for merchant services and electronic bill presentment and payment services to expand credit card and online payment options, for the Division of Revenue, at a cost not to exceed $19,409.60.
Section 2 - That an amount not to exceed $19,409.60 be and hereby is approved for payment to JP Morgan Chase Bank, N.A. from account # 1101-202101-0001-78101, pursuant to the terms of the Agreement.
Section 3 - That this Resolution shall become effective on the date of its passage.
PASSED URBAN COUNTY COUNCIL:
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