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HomeMy WebLinkAboutRes 008 - Merchant Agrmt SignatureDeschutes County Board of Commissioners 1300 NW Wall St., Suite 200, Bend, OR 97701-1960 (541) 388-6570 - Fax (541) 385-3202 - www.deschutes.org AGENDA REQUEST & STAFF REPORT For Board Business Meeting of February 3, 2010 Please see directions for completing this document on the next page. DATE: January 27, 2010 FROM: Marty Wynne Department Finance Phone # 541-388-6559 TITLE OF AGENDA ITEM: Consideration and Signature of Resolution 2010-008, Authorizing Signer for Merchant Agreements on behalf of Deschutes County. PUBLIC HEARING ON THIS DATE? No BACKGROUND AND POLICY IMPLICATIONS: Deschutes County has a contract with Bank of the Cascades for Bank Services # 2009-003 which includes the processing of payments received through credit card and debit cards (Merchant Activity) for authorized County Departments. Whereas Bank of the Cascades has entered into an agreement with a company called "Elavon" for merchant processing activity and when new agreements are required by Deschutes County to continue the processing of this activity as covered under the Banking Services Contract, this authorizies the County Treasurer to sign the Merchant Agreements. FISCAL IMPLICATIONS: The Merchant Agreements are for County Departments presently authorized for the processing of Merchant Card (credit card/debit card) payments. Most County Departments will experience no ch,inge to their costs. In a cost analysis of the Health Benefits which processes credit card transactions via the telphone, they will be transitioning to a secure web based system that will have a savings of approximately $359 yearly, which is an annual savings of 9.4% . However, there will be a one time cost of approxima' ely $489 for the web based hosted payment system, application fee and installation/training. RECOMMENDATION & ACTION REQUESTED: Recommend that the Board of County Commissioners of Deschutes County, Oregon authorize the Deschutes County Treasurer to sign Merchant Agreements on behalf of Deschutes County. ATTENDANCE: Marty Wynne, Deschutes County Treasurer DISTRIBUTION OF DOCUMENTS: Finance Department REVIEWED LEGAL COUNSEL For Recording Stamp Only BEFORE THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON A Resolution Authorizing Signer for Merchant Agreements on Behalf of Deschutes County * * RESOLUTION NO. 2010-008 WHEREAS, Deschutes County is required to have authorized official(s) identified to sign Merck nt Agreements pursuant to the Banking Services Contract #2009-003 with Bank of the Cascades. As Bank of iiae Cascades has entered into an agreement with Elavon, a Merchant Processing Company, to process the receipt of Merchant Activity (credit card/debit card transactions) for those County Departments previously authorized, there are Merchant Agreements required by Elavon regarding the processing and or changes to the processing of this merchant activity. WHEREAS, the Deschutes County Board of Commissioners hereby designate the Deschutes County Treasurer as authorized signer, now, therefore, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON, as follows: Section 1. The Deschutes County Treasurer is authorized to sign Merchant Agreements on behalf of Deschutes County: DATED this 3rd ATTEST: day of February , 2010 . BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON DENNIS R. LUKE, Chair ALAN UNGER, Vice Chair Recording Secretary TAMMY BANEY, Commissioner PAGE 1 OF 1- RESOLUTION NO. 2010-008