File #: 22-0862    Version: 1 Name:
Type: Resolution Status: Passed
File created: 4/27/2022 In control: City Council
On agenda: 6/28/2022 Final action: 6/28/2022
Title: Resolution authorizing a three-year merchant processing and master subscription agreement, with annual renewals, with Govolution, L.L.C., of Arlington, Virginia, First American Payment Systems, L.P., and First Third Bank, N.A., for an estimated amount of $750,000.00 for merchant services and $6,000,000.00 for interchange fees for the processing of credit and debit card payments, with FY 2022 funding of $330,000.00 from various funds using department operations budgets.
Sponsors: Finance & Procurement, Information Technology Services
Attachments: 1. Agenda Memo - Govolution v2, 2. Resolution for Finance FAPS sub Govolution Credit Debit Card Processing vFinal3, 3. Addendum_Corpus Christi -Merchant Application & Agreement Merchant Processing Terms & Conditions, 4. Master Subscription Agreement - Corpus Christi V11 CLEAN

Title

Resolution authorizing a three-year merchant processing and master subscription agreement, with annual renewals, with Govolution, L.L.C., of Arlington, Virginia, First American Payment Systems, L.P., and First Third Bank, N.A., for an estimated amount of $750,000.00 for merchant services and $6,000,000.00 for interchange fees for the processing of credit and debit card payments, with FY 2022 funding of $330,000.00 from various funds using department operations budgets.