A resolution approving a proposed Agreement with Paymentech, LLC for the purchase of credit card acceptance and processing services, citywide. Approves a contract with Paymentech, LLC for $148,500,000 and a term of 5 years with an end date of 12-31-2028 with three optional one-year renewals followed by one year of month-to-month renewal options for the purchase of credit card acceptance and processing services, citywide. 202367389. The last regularly scheduled Council meeting within the 30-day review period is on 12-18-2023. The Committee approved filing this item at its meeting on 11-21-2023.
23-1807 · Resolution · Adopted
Timeline
- Nov 21, 2023: approved by consent (Finance & Governance Committee)
- Dec 4, 2023: adopted (City Council)
- Dec 4, 2023: signed (Council President)