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Res 2024-204 approving a contract amendment to the agreement with Paymentus Corporation for utility bill payment processing in the amount of $750,000.00 for fiscal year 2025 with up to four one-year renewals for $750,000.00 each
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Res 2024-204 approving a contract amendment to the agreement with Paymentus Corporation for utility bill payment processing in the amount of $750,000.00 for fiscal year 2025 with up to four one-year renewals for $750,000.00 each
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11/3/2024 10:51:27 AM
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City Clerk - Document
Resolutions
City Clerk - Type
Approving
Number
2024-204
Date
10/15/2024
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SOLUTION NO. 2024-204R <br /> A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN <br /> MARCOS, TEXAS APPROVING A CONTRACT AMENDMENT TO THE <br /> AGREEMENT WITH PAYMENTUS CORPORATION FOR UTILITY <br /> BILL PAYMENT PROCESSING IN THE AMOUNT OF $750,000.00 FOR <br /> FISCAL YEAR 2025 WITH UP TO FOUR ONE-YEAR RENEWALS FOR <br /> $750,000.00 EACH; AUTHORIZING THE CITY MANAGER, OR <br /> DESIGNEE, TO EXECUTE THE CONTRACT AMENDMENT AND <br /> RENEWALS ON BEHALF OF THE CITY; AND DECLARING AN <br /> EFFECTIVE DATE. <br /> BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, <br /> TEXAS: <br /> PART 1. A contract amendment to the agreement with Paymentus Corporation(Contract <br /> No.218-293R)for utility billing payment processing in the amount of$750,000.00 for Fiscal Year <br /> 2025 is approved and four(4) one-year renewals for $750,000.00 each are authorized. <br /> PART 2. The City Manager, or her designee, is authorized to execute the appropriate <br /> documents to implement the contract amendment and the renewals. <br /> PART 3. This resolution will be in full force and effect immediately from and after its <br /> passage. <br /> ADOPTED on October 15, 2024. <br /> Jane Hughson (f <br /> Mayor <br /> Attest: <br /> Elizabeth Trevino <br /> City Cleric <br />
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