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HomeMy WebLinkAbout2016 152 CC RESO RESOLUTION NO. 2016-152 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BALDWIN PARK APPROVING THE USE OF CREDIT AND DEBIT CARD AS ALTERNATIVE METHOD FOR PAYMENT OF CITY TAXES AND FEES WHEREAS, pursuant to California State Government Code Section 6159(h), a court, city, county, city and county, or any other public agency may impose a fee for the use of a credit or debit cards or electronic funds transfer; WHEREAS, as authorized by the above state law, it is the intent of the City Council of the City of Baldwin Park to offer to the residents and customers of the City the acceptance of the credit and debit cards as an alternative method for the payment of City taxes and fees; WHEREAS, the credit and debit card fees charged by the card companies (see Exhibit A attached) shall be passed-on to the residents and customers as a convenience fee; and, WHEREAS, a properly noticed public hearing was held on October 19, 2016, to receive public comments on the proposed use of credit and debit cards as alternative method of payment of City taxes and fees. NOW THEREFORE BE IT HEREBY RESOLVED, by the City Council of the City of Baldwin Park as follows: 1. The use of credit and debit cards as alternative method of payment of City taxes and fees is hereby approved. 2. The credit and debit card fees charged by the card companies (see Exhibit A attached) shall be passed-on to the residents and customers as a convenience fee. 3. The City Clerk shall certify as to the adoption of the Resolution and shall cause the same to be processed in the manner required by law. PASSED, APPROVED, AND ADOPTED this 19th day of October 2016. °°?MANUEL LOZANO MAYOR ATTEST: STATE OF CALIFORNIA COUNTY OF LOS ANGELES SS: CITY OF BALDWIN PARK I, ALEJANDRA AVILA, Deputy City Clerk of the City of Baldwin Park do hereby certify that the foregoing Resolution No. 2016-152 was duly adopted by the City Council of the City of Baldwin Park at a regular meeting thereof held on October 19, 2016 and that the same was adopted by the following vote to wit: AYES: COUNCIL MEMBERS: Baca, Garcia, Lozano, Pacheco, Rubio NOES: COUNCIL MEMBERS: None ABSENT: COUNCIL MEMBERS: None ABSTAIN: COUNCIL MEMB .' S: None ALE AND' ' AVILA CITY CLERK Exhibit A ^fir et-For'- " - i. ,1 t k 1 7 1 ,« Fk SII &bY is,*, �ttif � e S ffi�a�� C�'lilili`. 111$1,, t, Current US I°ui,, rchangeRa us* .°:, aLl. " Percent o � a on Cost . Per.Tlr It saact[�,n tarp "r F;.; Type di cord.. From To � rom I. TQ diu,� Per 'Llliwilvr . - — Visa Debit 0.05% 2.45% $0.10 $0.22 $0.09 Visa Credit 1.51% 2.95% $0.10 $0.20 $0.09 Mastercard Debit 0.05% 1.76% $0.15 $0.22 $0.09 Mastercard Credit 1.58% 2.95% $0.10 $0.10 $0.09 Discover Debit 0.05% 1.62% $0.16 $0.22 $0.09 Discover Credit 1.56% 2.30% $0.10 $0.10 $0.09 *Interchange is the fee collected by the customer's credit card bank on everytransaction.These rates are set by Visa, MasterCard and Discover every year and apply to all processors. In other words,this is the true cost that the processor has to pay on every transaction.The interchange rates are part of the processors' Cost+ pricing program.The table above provide a range of the current interchange rates.