Loading...
RES 2016-26 Adopted RESOLUTION NO. 2016-26 SELECTING FIRST CITIZENS BANK AS THE MERCHANT SERVICE PROVIDER FOR THE CITY OF NORTH AUGUSTA, SOUTH CAROLINA WHEREAS, the City is currently provided merchant services through SunTrust Merchant Services, which was selected based on the South Carolina State Contract 4400011556 and; WHEREAS, the City has received merchant pricing analyses on City accounts from two additional merchant service providers. Both merchant service providers are offering the City more favorable discount rates and fees than the current provider; and WHEREAS, by Resolution 2016-20 adopted June 6, 2016, TSYS Merchant Solutions, was designated as the Merchant Services Service Provider for the City of North Augusta, South Carolina; and WHEREAS, TSYS Merchant Solutions, through their attorneys, could not come to an agreement for their services with the City's attorney, and, therefore, were never designated as the Merchant Service Provider; and WHEREAS, First Citizens Bank is offering the most favorable rates and fees for other provider services; and WHEREAS, expenses/expenditures for merchant services are already included in the City's operating budget in the appropriate funds; and WHEREAS, it is in the City's best interest to select First Citizens Bank as the merchant service provider for the City of North Augusta, until either party determines it best to dissolve the relationship. NOW THEREFORE, BE IT RESOLVED by the Mayor and City Council of the City of North Augusta, South Carolina, in meeting duly assembled and by the authority thereof, that First Citizens Bank be selected as the City's Merchant Service Provider, and that the City Administrator and/or the City Director be authorized to sign all documents relating thereto. DONE, RATIFIED AND ADOPTED BY THE MAYOR AND CITY COUNCIL OF THE CITY OF NORTH AUGUSTA, SOUTH CAROLINA, ON THIS 19 DAY OF , 2016. 1 Lark W. Jones,Mayor I� ATTEST: 3 • Donna B. Young,City G