HomeMy WebLinkAboutRESOLUTION NO. 2022-106RESOLUTION NO. 2022-106
RESOLUTION TO APPROVE PAYMENT POLICY
WHEREAS, the City of Fairfax receives payments from numerous people and
organizations and the City of Fairfax wishes to establish a revised Payment Policy; and
WHEREAS, the City of Fairfax currently receives payments in the form of cash,
checks, account debit, credit cards, and debit cards; and
WHEREAS, the City of Fairfax currently receives these payments in person, in the
drop box, through the mail, ACH, and online; and
WHEREAS, the City of Fairfax occasionally has payments returned, this could be
for insufficient funds, account closed, no account found, fraud, stop payment, and other
reasons; and
WHEREAS, Section 554.3512 of the 2021 Code of Iowa states "The holder of a
dishonored check, draft or order may assess against the maker of that check, draft or order
a surcharge not to exceed thirty ($30.00) dollars."; and
NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of
Fairfax, Iowa, to set the following Payment Policy:
1. A fee of twenty-five ($25.00) is hereby established for servicing all returned
payments received by the City of Fairfax.
2. The City of Fairfax will only accept guaranteed payment (cash, approved card
payment, cashier's check, or money order) from any individual or business who
has had a payment returned to the City of Fairfax more than one (1) time in any
given period of twelve (12) months.
3. The restriction of guaranteed payment shall last for one (1) year from the most
recent returned payment date.
4. Notice of this Payment Policy shall be posted prominently at the City of Fairfax
City Hall customer service counter.
BE IT FURTHER RESOLVED, by the City Council of the City of Fairfax, Iowa
that the Mayor Pro Tempore and the City Clerk/Treasurer are hereby authorized and directed
to execute said resolution.
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Passed and approved this 15�' day of November, 2022.
AYES: Nurre, Daly, Pacha, Volk, and Wainwright y
NAYS: None '
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Marianne Wainwri� '�, Mayor Pro Tempore
ATTEST:
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Cy � thia Stimson, City Clerk/Treasurer