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HomeMy WebLinkAboutRESOLUTION NO. 40 RESOLUTION NO. 2010-40 RESOLUTION APPROVING ONLINE PAYMENT OPTION THROUGH FAIRFAX STATE SAVINGS BANK USING BILLPOINTE WHEREAS, the City Council of Fairfax, Iowa wishes to provide its customers with the opportunity to make online payments; and WHEREAS, the Fairfax State Savings Bank is the financial institution where the City of Fairfax has the utility payment account; and WHEREAS, the Fairfax State Savings Bank has offered to provide the online payment option free of charge to the City of Fairfax; and NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Fairfax, Iowa, that the City of Fairfax wishes to enter into a BillPointe Agreement with Fairfax State Savings Bank:to allow the City's customers to make online payments; and BE IT FURTHER RESOLVED, by the Fairfax City Council of the City of Fairfax, Iowa, that the Mayor and City Clerk are hereby authorized and directed to certify this resolution of approval and the Mayor and City Clerk are authorized to sign the BillPointe Agreement with Fairfax State Savings Bank. Passed and approved this 10th day of August, 2010. AYES: Beer,Frieden, Otto,Magers, and Wainwright NAYS: None ABSENT: None Ja n Rabe, Mayor ATTEST: Cynt is Stimson, City Clerk WIFAIRFAX STATE SAVINGS BANK This agreement dated August 1, 2010 is between Fairfax State Savings Bank ("Bank") and the City of Fairfax ("Client") regarding the BillPointe ("Service") electronic payment processing system. Term: The effective date is the date set forth above and shall remain in effect for an initial period of five (5) years. This agreement shall automatically be renewed for successive one (1)year periods unless terminated by either party in writing at least one hundred eighty (180) days prior to renewal. Service: Payments will be processed by an interface from. Client's website to the Service website and/or by an interface from the Bank's website to the Service website. Types of payment transactions accepted will include: Visa, MasterCard and electronic check. Payments shall be processed as instructed unless: (i) erroneous or incomplete information is provided; (ii) customer does not agree to, or follow,the Terms and Conditions governing use of the Service, and (iii) the Bank and/or Client,with or without cause, exercise their right to withhold product offering to a specific bill payer. Bank reserves right to "chargeback" to Client any payments received due to transactions effected with a lost, stolen, counterfeit or misused form of payment, authenticating image or identification number and/or any payment initiated by a Customer which is not completed due to a lack of funds. Bank and Client agree to act with due diligence to keep secure bill payer personal, private and confidential information. The Bank and Client agree to "hold harmless" one another for any losses due to, errors and omissions resulting from employee or electronic error. Further,both Bank and Client agree to resolve any such issues and/or errors in an equitable and timely manner. Fees: As of the date of the agreement,there will be no monthly recurring fees assessed to the Client. The one-time implementation fee of$700.00 will be waived. BAUZ,11 - B Y� y �r Name: Name: J .r w Title: Title: Date: Date: /Um Fairfax State Savings Bank City of Fairfax 409 Vanderbilt Street, P.O. Box 277 Fairfax, IA 52228-0277 Rhone- 319.846.2300 fax-319.84.6,8097 www.thebankhere.com