ORDINANCE NO. 182615

*Authorize contract with Wells Fargo Merchant Services, LLC to provide merchant bankcard services (Ordinance)

The City of Portland ordains:

Section 1. The Council finds:

1.  Various City bureaus utilize merchant bankcard services that are provided and managed by the Bureau of Financial Services, Treasury Division (“Treasury”).

2.  Treasury, in conjunction with the Bureau of Purchases, conducted a competitive Request for Proposals process in accordance with Section 5.68 of the City Code to select a single firm to provide general banking and merchant bankcard services.

3.  An evaluation committee comprised of representatives from Portland Parks and Recreation, the Portland Water Bureau, the Bureau of Transportation, the Bureau of Financial Services and an outside party evaluated the proposals and interviewed potential firms and unanimously selected Wells Fargo to provide banking and merchant bankcard services for City operations.

4.  The City requires merchant bankcard services in order to conduct and facilitate various aspects of City business.

NOW, THEREFORE, the Council directs:

a.  The Mayor and Auditor are hereby authorized to execute a Contract between the City and Wells Fargo Merchant Services, LLC in scope and form substantially in accordance with the Contract, attached hereto as Attachment A.

b.  The Mayor and Auditor are hereby authorized to make payments to Wells Fargo Merchant Services, LLC throughout the term of the Contract.

c.  Pursuant to City Code section 3.08.050 and subject to the review of the City Attorney’s Office, the City Treasurer is hereby authorized to execute service agreements or other documents required to establish and maintain merchant bank accounts and related services with Wells Fargo Merchant Services, LLC throughout the term of the Contract.

Section 2. The Council declares that an emergency exists so that there will be no delay or disruption in providing merchant bankcard services that are required to conduct ongoing City business; therefore, this ordinance shall be in full force and effect from and after its passage by Council.

BACKING SHEET INFORMATION

AGENDA NO. 312-2009

ORDINANCE/RESOLUTION/COUNCIL DOCUMENT NO. 182615