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MEMO <br /> <br />May 22, 2001 <br /> <br />TO: <br /> <br />FROM: <br /> <br />SUBJECT: <br /> <br />Gene Anderson <br /> <br />Larry 5chenk <br /> <br />Credit Card Payrnent~ of City Utility Bill~ <br /> <br /> Gene - regarding your inquiry on your pilot project for taking credit card <br />payments, and your question concerning fees the City may charge for processing such <br />payments, I direct your attention to the attached Chapter 132 of the Local <br />Government Code. I believe this will answer all of your issues regarding that <br />question. <br /> <br /> ~dith regard to your question about Visa having a policy against passing the fee <br />cost on to the customer, I again direct your attention to Chapter 132. My suggestion <br />would be that we advise Visa as to our statutory authority to assess such fees, and if <br />their position is unchanged, we simply do not accept Visa cards. Perhaps we could <br />have a little handout to explain to the customer that because of statutory authority <br />to assess a processing fee (which arguably would also be mandated by our bond <br />covenants to not give away water revenues), we cannot accept Visa card. <br /> <br /> I hope this adequately responds to your inquiry; if you have any additional <br />questions, please do not hesitate to contact me. <br /> <br />LYX,'S/ap <br />Attachment <br /> <br />cc: Mike Malone <br /> <br /> <br />