Authorize an amendment to a contract for continued credit and debit card processing services for Austin Financial Services with Paymentech LLC, to extend the term up to six years and three months and increase the amount by $3,000,000 for a revised total contract amount not to exceed $14,658,000. Funding: $90,000 is available in the Operating Budget of Austin Financial Services. Funding for the remaining contract term is contingent upon available funding in future budgets.

Staff Report & Agenda Item Details

Authorize an amendment to a contract for continued credit and debit card processing services for Austin Financial Services with Paymentech LLC, to extend the term up to six years and three months and increase the amount by $3,000,000 for a revised total contract amount not to exceed $14,658,000. Funding: $90,000 is available in the Operating Budget of Austin Financial Services. Funding for the remaining contract term is contingent upon available funding in future budgets.