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Home My WebLink About2019 05_OPWA_Elimination of a Credit Card Convience FeeTulsa County Clerk - Michael Willis ®z Doe p 20190 Page(s): 1 12:36 s:: 7 10/22/2019 12:36:30 PM �•a Receipt �• , ;;;, ,� pt p 19 -58618 �4�gHaMP Fee: $ 13.00 OWASSO PUBLIC WORKS AUTHORITY OWASSO, OKLAHOMA RESOLUTION 2019 -05 A RESOLUTION PROVIDING FOR THE ELIMINATION OF A CREDIT CARD CONVENIENCE FEE FOR THE OWASSO PUBLIC WORKS AUTHORITY WHEREAS, The Owasso Public Works Authority (OPWA) was created as a Title 60 Public Trust; and WHEREAS, the Owasso Public Works Authority, through Resolution 2019 -03, established a Credit Card Convenience Fee of $1.35, per transaction, for Utility Billing Customer services, effective October 1, 2019. NOW, THCREFORE, BE IT RESOLVED BY THE TRUSTEES OF THE OWASSO PUBLIC WORKS AUTHORITY. THAT: SECTION ONE: From and after the effective date of this Resolution, approved Resolution 2019 -03 is hereby null and void. SECTION TWO: Provisions of this Resolution shall become effective October 15, 19 t%tetturPl'. CEDU NR FP '0 D 15th day ctober, 2019. I )j 0.* �� ChruXelley, Chair ATTEST: „_•- Juli nn M. Stevens, 96thority S CCr' a ' Q ,may' ............ a�lr rvatt APPROVED AS TO FORM: ��daa +a` Yr/19r4Cf/ Authority Attorney Weekly Group CITY OF OWASSO /LEGALS Atin Julie Stevens PO BOX 180 OWASSO, OK 74055 Owasso Reporter • Sand Springs Leader Skiatook Journal Wagoner County American - Tribune OKLAHOMA WEEKLY GROUP P.O. BOX 1770 TULSA, OK 74102.1770 Account Number 1015023 Date October 23, 2019 Date Category Description Ad Size Total Cast I 10/23/2019 Legal Notices RESOLUTION 2019 -05 2 x 39.00 CL 49,92 Affidavit of Publication I Melissa Marshall , of lawful age, being duly 602653 Published in the Owasso Reporter, Owasso, Tulsa Coun- sworn, am a legal representative of the Owasso Reporter of Owasso, N, Oklahoma, October 23, 2019. OWASSO PUBLIC WORKS AUTHORITY OWASSO, OKLAHOMA RESOLUTION 2019 -0S A RESOLUTION PROVIDING FOR THE ELIMINATION OF A CREDIT CARD CONVENIENCE FEE FOR THE OWASSO PUBLIC WORKS AUTHORITY WHEREAS, The Owasso Public Works Authority (OPWA) was created as a Title 60 Public Trust; and WHEREAS, the Owasso Public Works Authority, through Resolution 2019 -03, established a Credit Card Convenience Fee of $1.35, per transaction, for Utility Billing Customer services, effective October 1, 2019. NOW, THEREFORE, BE IT RESOLVED BY THE TRUSTEES OF THE OWASSO PUBLIC WORKS AUTHORI- TY, THAT: Oklahoma, a weekly newspaper of general circulation in Tulsa County, Oklahoma, a legal newspaper qualified to publish legal notices, as defined in 25 O.S. § 106 as amended, and thereafter, and complies with air other requirements of the laws of Oklahoma with reference to legal publication. That said notice, a true copy of which is attached hereto, was published in the regular edition of said newspaper during the period and time of publication and not in a supplement, on the DATE(S) LISTED BELOW 10/23/2019 SECTION ONE: From ter the effective date of this Resolution, ap. Newspaper reference: 0000602653 Proved Resolution 2019 -03 is hereby null and void. SECTION TWO: ProWSions o is Resolution shall become effective Oc. tober 15, 2019. PASSED AND APPROVED this 15th day of October, 2019. /s/Chris Kelley, Chair ATTEST: /s/Juliann M. Stevens, Authority Secretary APPROVED AS TO FORM: /s/Julie Lombardi, Authority Allorney Le al Representative Sworn to and subscribed before me this date: OCT 2 3 2019 x010`, NANCY CAROL MOORE I Notary Public / SEAL } Notary Public ey) State of Oklahoma Commission- # 08011884 Expires 12108122 My Commission expires: DEC 0 8 2022 sd REAL PoopN • REAL CMndpr • PEAL Community APPROVED BY TRUSTEES OCT 15 1019 TO: The Honorable Chair and Trustees Owasso Public Works Authority (OPWA) FROM: Linda Jones Finance Director SUBJECT: Resolution 2019 -05, eliminating the Credit Card Convenience Fee DATE: October 11, 2019 BACKGROUND: On July 16, 2019, the Owasso Public Works Authority (OPWA) approved the implementation of a credit card convenience fee to offset processing fees. When the Authority originally sought proposals from software vendors on handling utility billing payments, vendors asked if customers were charged a convenience fee for credit cards. Staff responded in the negative. Multiple proposers indicated that many governments are charging convenience fees. Since the new system allows for eCheck functionality, staff subsequently decided that it was in the best interest to start charging credit card fees in order to incentivize customers to switch to the lower -cost eChecks. However, after receiving authorization to start assessing convenience fees for credit cards as of October 1, 2019, staff was notified by PSN that the flat $1.75 per credit card transaction rate quoted was contingent upon the Authority funding the fee rather than the customer. Staff investigated and discovered that VISA gives a discount to merchants who do not penalize customers for utilizing credit cards. As a result, if the Authority charges the customer a convenience fee, then it will end up paying much higher processing fees on average. RECOMMENDATION: Because charging the convenience fee would result in the Authority paying higher total fees (thus negating the benefits of the convenience fee), staff recommends approval of Resolution 2019 -05 to eliminate the convenience fee. ATTACHMENT: Resolution 2019 -05