San Diego
City Council
Agenda Item 62
Item 62: Extension of Citywide Merchant Card Processing Services Contract (Fiserv).\nTotal Estimated Cost of Proposed Action and Funding Source:\nThis action is to extend the agreement for up to three years, not to extend beyond April\n30, 2027, and increase the not-to-exceed (NTE) amount by $7,650,000 (to $18,200,000\nfrom $10,550,000). Approximately 3% of costs will be allocated to the General Fund,\nwith 97% of costs being allocated to Non-General Funds.\nCouncil District(s) Affected: Citywide.\nProposed Actions:\nAdopt the following Ordinance which was introduced on 2/27/2024, Item 331 (Council\nvoted 7-0, Councilmember von Wilpert-not present, District 4-vacant):\n(O-2024-65)\nOrdinance Authorizing the Fifth Amendment to Contract for Merchant Card Processing\nServices between the City, PNC Bank, and First Data Merchant Services LLC to Extend\nthe Term Beyond Five Years and Increase the Not to Exceed Amount.\n6 votes required pursuant to Charter Section 99.\nCommittee Actions Taken: N/A\nOffice of the City Treasurer: Emmanuel Labrinos, (619) 533-6256\nCity Attorney Contact: Bret A. Bartolotta