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RESOLUTION 2010 -107R <br />• THE CITY COUNCIL OF THE CITY OF SAN <br />A RESOLUTION OF <br />MARCOS, TEXAS, APPROVING AN AGREEMENT FOR MERCHANT <br />SERVICES WITH J.P. MORGAN CHASE, N.A. THROUGH THE TEXAS <br />COMPTROLLER OF PUBLIC ACCOUNTS #920 -Ml -TPASS MANAGED <br />CONTRACT FOR MERCHANT SERVICES IN THE ESTIMATED <br />ANNUAL AMOUNT OF $108,000.00; AUTHORIZING THE <br />PURCHASING MANAGER TO EXECUTE THE APPROPRIATE <br />CONTRACT DOCUMENTS ON BEHALF OF THE CITY; AND <br />DECLARING AN EFFECTIVE DATE <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, <br />TEXAS: <br />PART 1. The award of an annual contract to J.P. Morgan Chase, N.A through the Texas <br />Comptroller of Public Accounts #920 -M1 -TPASS Managed Contract for Merchant Services in <br />the estimated annual amount of $108,000.00 is approved. <br />PART 2. The City Purchasing Manager, Cheryl Pantermuehl, is authorized to execute <br />the appropriate contract documents on behalf of the City. <br />• PART 3. This Resolution shall be in full force and effect immediately from and after its <br />passage. <br />ADOPTED this the 20th day of July, 2010. <br />Susan Narvaiz <br />Mayor <br />Attest: <br />Sherry Mashburn <br />City Clerk <br />is <br />