Title
Dept/ Agency: Finance
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Type of Service: Accepting credit card, debit card and electronic payments via internet and telephone
Purpose: To be able to accept credit card, debit card and electronic payments on the internet and over the telephone for the payment of property taxes, utilities and other fees.
Amount to be Financed:
Project Information:
(Description/ Project No./Amount Appropriated/Ordinance No.)
Additional Information:
Invitation: Finance Director, May 6, 2014
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WHEREAS, the Government Electronic Payment Acceptance Act (P.L. 1955, c.325) ("Act") authorizes a municipality to establish an electronic fund transfer system upon passage of a resolution by the Governing Body; and
WHEREAS, the Department of Community Affairs, Division of Local Government Services has promulgated regulations, N.J.A.C. 5:30-9.1 et. seq. authorizing municipalities to accept credit card, debit card and or electronic payments in accordance with the provisions of the Administrative Code; and
WHEREAS, the Acting Director of Finance/Chief Financial Officer has recommended to the Municipal Council the adoption of a Resolution establishing electronic receipts for payment over the internet and via telephone for the payment of property taxes, utilities and other fees; and
WHEREAS, the City of Newark is in need of being able to accept payments via internet and telephone; and
WHEREAS, payment of property taxes, utilities and other fees by way of credit card, debit card and electronic payment via internet and telephone will create a greater convenience for the City of Newark taxpayers; and
WHEREAS, pursuant to N.J.A.C 5:30-9.4 contracts for acquisition of electronic receipt equipment and services shall be subject to the provisions of N.J.S.A. 40A:11-1 et seq.; and
NOW, THEREFORE, BE IT RESOLVED BY THE MUNICI...
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