RESOLUTION NO. 2024 - ___
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CATHEDRAL CITY, CALIFORNIA, ADOPTING A CREDIT CARD
TRANSACTION PROCESSING FEE AND AN ELECTRONIC CHECK (E-
CHECK) TRANSACTION PROCESSING FEE
WHEREAS, user and regulatory fees are established by the City Council; and WHEREAS, periodically, the City Council determines that charges should cover the costs reasonably borne or a substantial portion of the actual costs of the goods and services provided by the City; and
WHEREAS, when the City accepts payment of fees via credit card, or via electronic check (e-check), a transaction processing fee applies. The City does not have a fee currently established to recover these costs; and WHEREAS, the City desires to establish a fee to recover the reasonable costs incurred by the City associated with credit card payment transaction processing; and WHEREAS, the fee does not exceed the City’s reasonable costs associated with accepting credit card payments; and
WHEREAS, the fee will be incorporated into the City’s Master Schedule of User and Regulatory Fees so that it can be periodically examined and adjusted, as necessary; and
WHEREAS, in adopting this Resolution, the City Council is taking action only on those fees for the services, programs or products set forth in Exhibit “A” which have been modified from prior resolutions of the City Council. The remaining fees that have not been modified from prior resolutions shall remain in full force and effect.
NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF CATHEDRAL CITY, DOES HEREBY RESOLVE, DETERMINE AND ORDER AS FOLLOWS:
SECTION 1. INCORPORATION OF RECITALS
The City Council hereby finds the recitals set forth above are true and correct.
SECTION 2. ESTABLISHMENT AND UPDATE OF FEES, CHARGES, AND RATES The City Council hereby adopts the fees, charges, and rates as set forth in attached Exhibit "A" and incorporated by this reference.
SECTION 3. EFFECTIVE DATE
Any new or adjusted fees adopted by this Resolution shall go into effect upon adoption.
SECTION 4. CERTIFICATION
The City Clerk shall attest to and certify the vote adopting this resolution.
PASSED, APPROVED, AND ADOPTED at a regular meeting of the City Council of the City of Cathedral City held on this ___ day of __________, 2024, by the following vote:
Ayes:
Noes:
Absent:
Abstain:
______________________________
Mark Carnevale, Mayor
ATTEST:
______________________________
Tracey Hermosillo, City Clerk
APPROVED AS TO FORM:
______________________________
Eric S. Vail, City Attorney
“EXHIBIT A”
CITY OF CATHEDRAL CITY
MASTER FEE SCHEDULE - CREDIT CARD TRANSACTION PROCESSING FEE Fee Charge Basis Note
Credit Card Transaction Processing Fee 2.75% percent of fees paid Electronic Check (e-check) Transaction Processing Fee $1.95