K.
A Resolution Approving Expenditures For Annual Credit/Debit Card
Merchant Processing Services with Chase Paymentech in an Amount Not
to Exceed $60,000 for Fiscal Year 2022
Overview:
The Village utilizes the services of Invoice Cloud Inc. to process various
transactions paid online. Chase Paymentech works in conjunction with Invoice
Cloud as the credit card merchant processor and fees are based on both
volume and dollar amount of all transactions paid online.
L.
A Resolution Approving Annual Expenditures For Credit/Debit Card
Merchant Processing Services With Heartland Payment Systems in an
Amount Not to Exceed $100,000 for Fiscal Year 2022 Pursuant to the
Pricing Agreement Dated February 11, 2013, from Heartland Payment
Systems
Overview:
The Village utilizes Heartland Payment Systems (HPS) for processing
credit/debit card transactions that are performed over the counter at Village
Hall. The cost of each transaction depends on the amount and the brand of
the card being used (Visa, MasterCard, Discover) as well as specific benefits
offered by the card issuer (i.e. rebate points).
M.
A Resolution Approving Annual Expenditures For Monthly Bank Fees with
Huntington National Bank in an Amount Not to Exceed $30,000 for Fiscal
Year 2022 Pursuant to Huntington National Bank’s Designation as a Village
of Oak Park Authorized Depository
Overview:
The Village utilizes the services of Huntington National Bank for its primary
checking account as well as several smaller accounts in which the Village is
legally required to keep certain funds separate. Huntington assesses monthly
service charges as well as transaction fees (i.e. ACH deposits for payroll) for
each active bank account.
N.
A Resolution Approving Expenditures For Annual Online Bill Payment
Services with Invoice Cloud, Inc. in an Amount Not to Exceed $60,000 for
Fiscal Year 2022 Pursuant to the Billing Services Agreement with Invoice
Cloud, Inc. Dated December 11, 2017
Overview:
The Village utilizes the services of Invoice Cloud, Inc. for water/sewer/refuse
invoicing and as well as payment processing for online transactions for
Cityview transactions.
O.
A Resolution Approving Expenditures for Annual License, Usage, and
Support Fees for Workforce Ready Software with Kronos Incorporated in
an Amount Not to Exceed $33,400 for Fiscal Year 2022 Pursuant to the
Agreement with Kronos Incorporated Dated June 19, 2017
Overview:
As outlined within the executed agreements with Kronos Incorporated, the
Village must pay an annual license and usage fees based on the number of
current licenses. This is invoiced on a monthly basis and averages
approximately $2,780 per month which includes Kronos Workforce Ready HR
and Timekeeping.