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HomeMy WebLinkAboutResolution 4481 Eliminating Automatic Clearing House (ACH) COMMISSION RESOLUTION NO. 4481 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOZEMAN, MONTANA, ELIMINATING THE "AUTOMATIC CLEARING HOUSE (ACH) INCENTIVE" SECTION FROM RESOLUTION NO. 4454 — RATES FOR WASTEWATER (SEWER) SERVICE, and RESOLUTION NO. 4327 - RATES FOR WATER SERVICE, FOR THE CITY OF BOZEMAN. WHEREAS, at the time the City's "ACH Incentive" section was adopted, the City's banking agreements provided for no-cost processing of ACH payment transactions. The current agreement for banking services requires the City to pay processing fees for ACH payment transactions; and WHEREAS, in the past, ACH payment transactions were the only form of electronic payment, making it easy to identify which customers should receive an ACH INCENTIVE credit to their account (all those with electronic payments); and WHEREAS, today, there are many different forms of electronic payments (ACH, Visa, Mastercard, BillPay files, 3rd Party Payments, etc.) There is very little distinction or advantage to the City in "incentivi zing", receiving, or processing an ACH payment compared to any other of these methods; and WHEREAS, the City Commission of the City of Bozeman, following notice and public hearing removed the "ACH INCENTIVE" from the Rate Schedules for the City of Bozeman's Wastewater Fund (Resolution No 4454) and Water Fund (Resolution No 4327.) NOW, THEREFORE, BE IT RESOLVED by the City Commission of the City of Bozeman, Montana, that Section I COMMISSION RESOLUTION NO. 4454 - A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOZEMAN, MONTANA, ESTABLISHING RATES FOR WASTEWATER (SEWER) SERVICE FOR THE CITY OF BOZEMAN, AND ADDING CHARGES FOR CATTAIL CREEK, LOYAL GARDENS, AND NORTON RANCH LIFT STATIONS. is hereby revised to remove: See-tion 6 4C44Meewive Page I of 2 Resolution 4481, Eliminating the ACH Incentive Section 2 COMMISSION RESOLUTION NO. 4327 - A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOZEMAN, MONTANA, ESTABLISHING RATES FOR WATER SERVICE FOR THE CITY OF BOZEMAN is hereby revised to remove: , #f7 n lF r7 PASSED AND ADOP'T'ED by the City Commission of the City of Bozeman, Montana, at a regular session thereof held on the 14th day of October, 201.3; and effective beginning with that billing period which will first appear on the November 2013 water and wastewater billing. SEAN A. BECKER Mayor ATTEST.,. ° a ST Cy' IE ,CI�C Ci i APPROVED AS TO FORM: GRE i1LLI`TAN City Attorney Page 2 of 2