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Res 2006-035
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Res 2006-035
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Last modified
8/2/2006 10:34:15 AM
Creation date
8/2/2006 10:18:33 AM
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City Clerk
City Clerk - Document
Resolutions
City Clerk - Type
Agreement
Number
2006-35
Date
2/21/2006
Volume Book
166
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<br />You agree that you will authorize Bill Payment Service Providers to deliver payments, <br />remittance information and other related data to us for us to provide this Service to you. <br /> <br />You may also elect to have information of another company/organization reported <br />through this Service. If you do so, you agree that you and the other company/ <br />organization will authorize the Bill Payment Service Providers to deliver payments, <br />remittance information and other related data to us for us to provide this Service to you. <br /> <br />Remittance information and other data related to payments will be delivered to you in a <br />mutually acceptable form and manner. <br /> <br />If you are unable to post any payments to your customers' accounts, you must promptly <br />return such payments to us. You shall pay us immediately for the amount of any returned <br />payments which we previously credited to your account. <br /> <br />ELECTRONIC DATA INTERCHANGE (EOI) <br /> <br />Our EDI Services allow you to disburse funds and/or deliver payment-related <br />information to your receivers, electronically or by paper, by sending payment requests or <br />payment-related information to us as described in the applicable User Documentation. <br />These Services also allow you to access payments-related and remittance-related <br />information in mutually acceptable formats received from your receivers or customers <br />and, where available, to match specified receivables and payables against payments. <br /> <br />For the web-based remittance advice delivery service, you are responsible for enrollment <br />of your receivers on the service. During enrollment you will review and verify the accuracy <br />of all enrollment information provided by your receivers on the specified website. Upon <br />completion of enrollment, you authorize us to deliver the confidential passwords and <br />identifiers to your enrolled receiver to access the specified website. Your receiver must <br />keep such passwords and identifiers confidential. We will be fully protected in relying on <br />the correct user identification codes and passwords. <br /> <br />SENDING PAYMENTS AND RELATED INFORMATION <br />When you wish to pay your receivers, you transmit a data file to us, containing <br />instructions for your payments, in the format and by the cutoff times specified in the <br />applicable User Documentation. When we receive a file from you under an EDI Service, <br />we perform certain edits on the data, translate it into the appropriate format and/or <br />medium and send the data to the payment system specified by you, except that we may <br />use any means of transmission, funds transfer system, clearing house or intermediary <br />bank we reasonably select. On the specified dates, we issue your payments in the <br />required formats, <br /> <br />You control the content of any payment-related information you send to us and are solely <br />responsible for the accuracy of such information. You are solely responsible for storage <br />of all data relating to such information so that it can be made available to individual <br />receivers upon request. <br /> <br />. <br />I <br /> <br />, <br /> <br />tI' <br />
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