Loading...
96-22161 RESO RESOLUTION NO. 96-22161 A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE A CONTRACT WITH SUNTRUST BANK TO PROVIDE MASTER CARD AND VISA SERVICES TO CUSTOMERS OF THE UTILITY BILLING DIVISION. WHEREAS, the City of Miami Beach bills water, sewer, sanitation and storm water to its residents and businesses monthly; and WHEREAS, payment for such services is due and payable by check or cash; and WHEREAS, the City has determined that offering customers the option of payment through credit cards would increase customers' convenience. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, that the Mayor and City Clerk execute the attached contract for service with Suntrust Bank for the provision of credit card service to the Utility Billing Division of the Finance Department. Passed and Adopted this 9th day of October ,1996. Mayor Attest: RO~<fr~ City Clerk '" U n ,:: ;' LEG'" f" .. "t,L 1..' ~if ; . By 1V 1tJI~ r':.~,G ff'::)J6..,. CITY OF MIAMI BEACH CITY HALL HOO CONVENTION CENTER DRIVE MIAMI BEACH FLORIDA 33139 OFFICE OF THE CITY MANAGER TELEPHONE: (305) 673-7010 FAX: (305) 673-7182 COMMISSION MEMORANDUM NO. Coo8 -910 October 9, 1996 To: Mayor Seymour Gelber and Members of the City Commission From: Jose Garcia-Pedrosa lJ City Manager f' Subject: Authorization for the Mayor and City Clerk to Execute a Contract for Master Card and Visa Service for the Utility Billing Division Administrative Recommendation The Administration recommends that the Mayor and City Commission adopt the resolution authorizing the Mayor to execute a contract to provide master card and visa service to customers of the Utility Billing Division. Background In order to better serve the residents of the City, the Utility Billing Division of the Finance Department plans to offer the option of payment of the monthly utility bill through a credit card. This method of payment will be implemented for the convenience of the City's customer. The additional advantage will be the collection of the funds paid through a credit card more quickly than the traditional check deposit and clearing. Analysis The cost of this program is anticipated to be one percent of the amount charged to the credit card as a fee for providing this service. A portion of this expense will be recovered by the speed in which the funds are made available to the City. The Department anticipates that only three percent of the total charges will be made by credit cards, or $780,000. The cost of the program will be $7,800 at that charge level with approximately fifty percent of that amount earned in additional investment earnings to produce a net cost of the program of$3,900 annually. This amount, $325 a month, is an insignificant amount compared to the increased convenience to our customers through this service. JGP/RJN/cp "J Agenda Item~ Date lO..9-QL, 1. If typing, please separate Page 1 from Page 2. r ( r C ( C 2. Complete Application in full (both sides) -. - ~ (- ,. ( C C 3. Date and Sign Application E35514S C r (. ( C /" 4. Retain Merchant Copy (Canary) .----...---- PAGE 1 of 2 Merchant Bank Card Application Set Up / Application Fee $ A MERCHANT NAME Merchant Legal Registered Name Doing Business As (DBA) or Trade Name C,'-/y , of /?/,'J4 At J L3pq co 4, How long have you owned or operated this business? _Years If you are taking this business over, how long has it been in operation? _Years Have you done business under any other name? DYes ~o Other Business Name(s) TAX 1.0. DATA: Federal Tax Number .5"~- d 000.3 72- State Tax Number CORPORATION: PARTNERSHIP: DC-Corp D Non-Profit DGeneral D Sub-S Corp D PA D Limited State of Incorporation State of Authorization Date of Incorporation Date of Authorization ;13- tJP-JZ '1a7/- S-'Yc. D SOLE PROPRIETORSHIP D OTHER, EXPLAIN: B MERCHANT LOCATION =ll= Street /]00 CCN~^, t.'~1V Ct-...t"~,,.. City $,'~" ~qe I: Sta:e FLu,,'p4 Zip 3 ~ /~'1 Store Manager/Contact A4---,'c. "".I~it4,vd Telephone/Ex!. (i:lo~) 673 -?coo (c,J..~y Business Hours ~:J. - S:~1'1tt Fax Number (1 0"$') , 7:3 - '7 7 " ~ Can mail be delivered to this address? g'Yes D No If no. provide mailing address: Street City D Retail Storefront D Industrial Building Attention State Zip DOff"" Pa~ ~hec (p~'" ''''''';0.) ("" % .II4L L ~r ~ Lease Square Years Premises are D leased~ owned. expires Feet Tele, / Ex!. ~"" How long have you been at this location? Name of lessor or mortgage holder: Address: C TELL US ABOUT YOUR BUSINESS (Attach additional sheets if necessary) Describe product(s) or service to be paid for by charge cards: tt/4./~, ",,~IU,.r ,6,tis . As LU~ tL ~ Y (/;c{....{..o- I L'.'e"'-~ef., ~/D'" 7A-y~~ ..,J.;~ tAo ~ ~:'-? Are you a management company? D Yes ~o "so, also attach a full description of your services. How do you market products/services: D Catalog D Radio D Telemarket ~Other, explain: This application is for~n on-going business 0 a one-time event or 0 a seasonal business, If one time or seasonal. explain: What percentage of your charge card sales are by telephone? () % What percentage of your charge card sales are by mail? ~ % Has this business ever been in bankruptcy? D Yes. date ~o. If yes. explain: Have any of the principals ever declared bankruptcy? D Yes, date S'No. If yes. explain: Do you manufacture the product or provide the service you are selling? DYes ~o If no, are you acting as an agent or broker for another firm which provides the service? D Yes ~o If yes, provide company name. contact and telephone number of firm(s) that you represent: Name of Firm Contact Telephone (_) Is your inventory ~wned D financed? If financed, provide name. contact and telephone number: Name of Firm Contact Telephone (_) Do you offer any products or services through an insiallment billing program? DYes 'P!!No If yes. explain: Explain your return/credit policy: Are you currently accepting Visa or MasterCard? D Yes ~o Have you previously accepted Visa or MasterCard? D Ye~o If currently accepting Visa or MasterCard, attach last three months merchant account statements. Provide name and phone number of current or previous processor or financial institution. Name of processorlbank Reason for move to Bank? Contact Telephone (_) Have you or any of your principals ever had a Visa/MasterCard merchant account terminated by a processor or 'inancla! ;nstitution for anv 1. If typing, please separate Page 1 from Page 2. o 0 0 0 000 2. Complete Application in full (both sides) .,.......", ",-. .-...... ,..... 1) ,_) , ) ',j 3. Date and Sign Application -.-) /,) () () (! 4. Retain Merchant Copy (Canary) PAGE 2 of 2 MERCHANT NAME: D MERCHANT BANK ACCOUNT: (Complete if you already have a business checking account at the bank where you obtained this application. Attach a copy of a voided check for the account.) Business Checking Account Number 0 Bank/Branch 5' -r:.r/ of Account GI_ / If f' . Referring LA Bank~cer U~ Routing and Transit Number E."n"e 1'-1 'i~~ OTHER BANKING RELATIONSHIPS: (Attach additional sheets if necessary.) 1 ) Bank Account Number 2) Bank Account Number Type of Account Type of Account BUSINESS REFERENCES: 1) Trade Reference/Supplier 2) Trade Reference/Supplier Contact Contact Telephone (_) Telephone ( E SALES VOLUME INFORMATION =IF What is your actual or projected gross monthly sales volume in dollars? $ What is your actual or projected Visa/MasterCard gross monthly sales volume in dollars? $ What is your actual or projected average individual charge card sale in dollars? $ F OPERATIONAL INFORMATION Cards honored in addition to Visa and MasterCard: # Merchant will need: EDC Terminal (Electronic Draft Capture) Card imprinters # of Plate(s) o American Express # o Diners/Carte Blanche # o Other, name o Discover # 1, Name of Owner Home Address OWNER INFORMATION (List all owners with 25% or more interest in your business. Attach additional sheets if necessary.) Soc. Sec. Title Phone (_) Number G City State Zip Title Percent of time spent working in merchant operations Soc. Sec. Phone (_) Number % Percent of company stock or equity owned 2. Name of Owner Home Address Percent of company stock or equity owned 3. Name of Owner Home Address % City State Zip Title Percent of time spent working in merchant operations Soc, Sec. Phone (_) Number % 010 City State Zip Percent of company stock or equity owned % Percent of time spent working in merchant operations % The information in this application is true and complete. An investigative anellor credit report may be made in connection with this application. The undersigned authorize Bank or any credit bureau or reporting agency employed by or contracted by Bank to investigate the credit of any individual or entity anellor any information contained within this application. The undersigned are merchant's duly authorized officers, general partner(s) or owner(s) (if a sole proprietorship) as ofthe date set forth below. The undersigned acknowledge and agree that merchant will abide by the Merchant Bank Card Agreement on the reverse of this application as may be amended from time to time and understand that it is a violation of state law for a merchant to present for payment a credit card transaction for any sale not made by the merchant (factoring! laundering). 1) Print Name Title Ma or S~ Name Date A TEST: 2) Print Name Parcher Title Sign Name lJ~o.A.~ Date ~ 3) Print Name Title _____~_ Address :,~:lnTI'w;t ::;,111:. 1/lldl1li. U./\, November 7, 1995 Mr. Jorge L. Montes Revenue Supervisor F':i.nanc'o D(~pr.jrtm(?nt city of hiami Bcac"!l 170() Convcn'Lj on CCJJt:cr Dri.vc HL.JIni Beacll, Florida 33130 Ro: Merchant B~nkCard Proposal Dear Hr.. Hontc:3: I aPl.'rc:cia.t (~ thc~ cpportl1nii. y to prt~SE~nt. a HerclJdJJl DiU ,kCi::ird. pr'O)Jo:;al to ynu for th(~ ciLy of Miami Beach utilitjc's n5vi:dn)). I f'c;incex eJy bcL.icv(~ that \:Je lldVC' t.hc knowledgp. cl.nd expel: tj. :,':~ t:tl p,(yvi(::o 'dIe' quali.-Ly procJlIC..:t and lewel of ~;f.>rvjcc. which yuu :rc~quir'e. '{'he lTIi'nne) j n which YC)!1 c,p] eto t,bc~ maj or.l ty of your- [;i;}(':. vLll dictaL.e tho d:if.;col1l1'l: rdLc~ to be applied. '1')10 card Sl,~:ip pI :ic:jn~l indicated below i ~~umes th~t more than 50% of ~l] VjSR and Mastercard sales will be eloctronicaJly authorized by swipjny tho ac1:11(':1 cleeLl t card tJn:\ .ICJh U)(~ l'nagnetic st~rip8 read ~r of d prol.lc<Ly equipped PC or pus termincd. D(c:posits will be made tlJ1CJ\H:h the' f,Clme ~;c:rvicc".. Any f;ale~; that do not meet th.i s cri t: rj a vvi]] bc~ C\f)~-;c~;:.;('d a lIominZ";.l chartJc f(lI' non.-qual.i fying j nterchcuJq ,- '('he non cr.~:nJ. f\\;.Jip(:~ p:r.jcin9 (11~::;o .ilidi ci:ttod bclO\v is applj CclhJ (' ,",'hc)) the lrlajority of j'ou:c c;ulc-s a}'c~ cOIilplot,cd \dithouc_ (,bta111i))lf c' c'1.,,1 f.\I,1] po. I raH:3'Jcf;t': 1.11<\ t: we>. :ini i :iet 1 ] Y set you up W itJl t:h C~ C,q Ii ~:;\..' _I pc rat.e, only charqinq you non.. qUedj fying fees for thos(~ tl:iHl;; ,I:.i uw; \\'hich are not SlrJipcd, unlcf::; more than 50"6 of your t:Ci;i):-;,;Cl :tom; become non--swipo Ll'l: which tj me we would have to chancre your r,;'tc. It: should aJ EH) be noted thatlllc c.LLscount rat,es we offer: ,U"( l.'r.\[..,ed primarily on the prevajling interchange rates as establle by Visa and Mastercird and fu~ure changes in these interchaIlgc rates may affect your discOUIl t. I,..I.:.C accordingl y. . D}, Q Cl9J} n.t:. J~g In,:;t:ead of ~;imply ():[ferinq a fixed discount ret,e, I am }Jl'opoE:ing i\ variable pricinl} ~3truct"ln'C' vlhich will au'tomatically cH1jLEL your rate lnonthly based on your [jalc<:; volUIne and average Li.ckct ~',ize. This wiJ.l allow you to rereive an immediate reduction in your raLe in direct, corre lution with the growth of your blLin(~:3,:J. .~:S~~~~:~;~~~~J:::-:-:. ~ Alv;~~E;:----I..~~~~-~:_J~~Jf~] __,___~~_"_,,,_~,.,.,;_,"_""<"_~_4___._._ ,~'__ ~ ~_""._" _. ..'___~__'_ ______;_.~_ '__'~._'.,_..._.'.,_"....,...".._~~".__.~,.__,__~_ $1,000,000 or Greater $500,000 - $1,000,000 $250,000 - $500,000 <$50 $50'-$75 ~n~)-$lOO $HlO'''$150 $ E, ""-$2 00 >$200 <$~SO ;'50--$75 $75--$100 $J.OO-$EiO ~;150-$200 >$200 2.00% 1.90% ].80% J.75% 1.70% 1.65% 2.7:5% 2.30% 2.15% 2.10% :::: . O~i% 2.00% 2.10% 2.00% 1. 90% 1.85% 1.80% 1. 75% 2.6~j% 2.5~i% 2.40% 2.30% 2. 2 !.'i % 2.10% <$50 2.25% 2.70~ $50-$75 2.20% 2.65% $7~-$100 2.15% 2.60% $100-$150 2.J.0% 2.50% $] 5 0 - $ 2 00 2 . 0", % 2 . 4 5 % >$200 2.00% 2.405'" -....-..-------..----...--.--.--..........".......-.---...'1 <$50 2.40% 2.75% $50-$75 2.35% 2.60% $~5-$100 2.30% 2.55% $]00-$150 2.25% 2.45% $150-$200 2.20% 2.40% >$200 2.10% 2.45% $150,000 - $250,000 $100,000 - $150,000 $ 50,000 - $100,000 $ 50,000 or Less <$50 $50-$75 $7 !5-$100 ~';100-'$150 $150-$200 >$200 <$50 $:;0-$75 $75-$100 $100-. $150 $150"$200 >$:?OO <$50 $!>0-'$75 $75-'$100 $:100-$150 $1~)0-'$200 >$200 2.50% 2.45% 2.40% 2.35% 2.25% 2.20% 2.BO% 2.7~:,% 2.70% 2.65% 2.60% 21055% 2.90% 2.80% 2.70% 2.65% 2.60% 2.55% 3.00~i> 2.95% 2090% :/..85% 2.80% 2.75% 2.97% 2.95% 2.93% 2.90% 2.85% 2.8n% 3.15% 3.10% 3.0~5% 3.00% 2 . 9 lj % 2.90% ~,~>__~_ _____._ ,..___,.__.._._~_._.._.~..,.'_..."..___..._.. u___ '_'_._____"__"'_ ~~___.._ _._.__~~_ .,_., _.._~__ ...._,._."", .... _',,''',_.__.._''_"V_.__'' _"....________~.....__~____.,._______,,__.._...'___~.__.,'_~_.,._._.._.._~_~...____._~___ __."___~,,~__..,#.._~..w.._.,""__...,~,.,__ 2 xl:!,gnS)C:~.,~~E:LJ.2'I!lJ,pmeT .t TT,-<!.n7._~} O"jt~T)lljm:!)J. f'urchac;c Price Honthly LCciSC ~, l/lon"Lh)y Pecntill ~; 400.00 per b:'Cii\:lnal; 01' $ 20 . 00 pet::' 'Lc~rIld lla ] $ 26.00 [)0J". t:(~-)'111irl(3.J. ':Pre:; 1'1 Z 380 q:P)'"JtLl na J ) .~,....,,_.._._____.__.,_..__..l- -... _"'_""'_'~'_"'__"_"'_'" ~. _." Purchase: Price l1ont-hly Lea :;e * HOl'il.illy H.cJltal $ 400.00 per terminal; en- S 24.00 per terminal $ ~8.00 per terminal Y.c:~r,if on~L.E::Z.,~D"Pr~jnl"Qr__{()12'tLQX@JJ. Purchase Price Honth:ty Lea20. * Mont~hly I<.eIl.tcd. ~~ 31~) 0 .0 0 pc~r pr JJd::C'j,; or $ 7.0.00 per prillt:pt" $ 10.00 pel: pI'lnt -A:Leasing rcqlJircs a ITl,inlmum three year term, at t.he (:,ljc1 of \('h ich you have UIi option t:u pure!), :;0 the equipnlC'n.t at fair Ylli:ul:ut: vd.lue. "!":iCl)I\JB-,L Tll\p.rintc);: $ 40.00 (purchase) considering that most of your saJ.cs may be Dcquired vja telephone o:r:" pO:~;f"dlJly mail oLderL, you IHay WdliL to use Cl more aut01i1ated method. Specialized PC ~;oft:\lhll'e j G avaiJ ab] e and ca.rl be interfaced \-lith most hi 11irH] systmns. The soft',' ..J:C VW pr.:ov ide j f; NDC f S PC Belteh, and it j:::.~ availaL<l.e for $3S0. rl'Cc'ln.lcaJ spcc.'ific".LLow,; Ceil I also be provided should you wish to pursue tho interface option. ~)tJl::),r: .,.f, C? cf! In _" . .J.. . aou.1 c.lon, tLc fuJ JovJln':.f arc ot,h<:r fees t:hat: WOll ld "dr'oo apply: _.___I~E' 9_P~;s ex; ELi 9D_,.___ _..,_._,__, .. AuthCll:izai::i.ons for Add~.tional Card Plans ~. Voice i\utJlOr :lzationr::; -. Honthly fliClintcnancc' -. Supplief:; ... so.t..up ... Chargeback u__X~,E~.b}n<;,!~]Il~L:., . ;;0. 15 pc~r item $0.00 h1aived (UsuiLlly ~1:). 00 P(~J:- month) No Chilrge Waived (Usually $125) $8.00 per chargeback l\vry~iJ,,?l):U,jty. 9L_Ft1IJ(1 S, SunTrust provides credit within 24 hours during tho. regular work wce]( \.,hen depositing to a. SunTrw::;t commercial checkin(] account. J .Ql~f~J",:QJl]_gX"_)}~-'_J:;_j , r;llnTrust.!;; hel Il d (;f',}( i:c; ava i 1 able dur ineJ regular work :l1lCJ hours (Monday tJ1I'ouqh Fx iclay, 9 li)l1 t:o ' PI'1), to assist wit:h \.wneral .i,nqu.irie~;, supp1y o.re)f'l';,'" ;:..nc] c))()rgcback assistance. If app.1 icable, they. e is anot.Jl(~r help dQf;k dYed L\blc 24 hours a day, ~H',crl days a weeJ:, to assist you with any problems you may encounter with your POS eCj,uiprIJent. You a:U ,) bavE~ the asr;;urancc t.ha't our loc;:)l urdt i;c; always available to assist YOll ej,thcr by phone or in person. Finally, U'cud: you once arjaill for giving me the opportollit_y to p:roVi(L~ you with this proposC:lL Should you have any qU('~;1j,on:::-;, please do not hesitate to call me at 559-3246. Sincerr::'ly, /'" , / /If (/Jvl,(J a~iu: iJ0 ,filaria A. Vedder:; Sr. Me:r.:challt: Service H.eprc:;ent.a tive cc: o. M !'J . Nunez Lehn 4 :f..,: ;(1 'T~Jr~ lr~'JQrI' 1 l j. " l ,Il v,d., I,') -' - - ---~------ c' 1("'1 )"1'11'" t ,\';;":r1 !<. r/li-lttll, t.!. /\. ., '. '--".~,...- )1:3 /.(,/ (;} f;J;I,. .-.......- ?.J -","",.;......'~,..~"'---...~.. ::--: <) 1- t;; G') Si 2___ if "- 0 5' (~,. Py:.r;f~