Title
Request for Contract Authorization - FISCAL: Contract authorization for the City's Purchasing Card Program and its administration by resolution to Fifth Third Bank, Southfield, MI
Body
Resolved, that the Rochester Hills City Council is authorized to obtain from Fifth Third Bank the right to use credit or purchasing cards and accounts on the credit of the City of Rochester Hills and thereby incur indebtedness and pay fees and finance charges on behalf of the City of Rochester Hills, and to enter into such agreement or agreements for the services as are required by Fifth Third Bank from time to time, including a Commercial Card Services Agreement or similar agreement, and related agreements each of which, when accepted or signed by an authorized person described below is authorized, approved and adopted by the City of Rochester Hills.
Resolved, that (a) each of the individuals identified below, (b) each person serving as an executive or senior finance officer or official of the City (such as the Chief Executive Officer, President, Chief Financial Officer, Controller and Vice President-Finance or person with similar title or authority (each, an "Executive Person")) from time to time, and (c) any other person designated by any such individual whose identity and signature are provided to Fifth Third Bank (each, an "Authorized Person") is authorized on behalf of the City and in its name to do any of the following:
- execute and deliver any and all of the Card Agreements and any amendments to the Card Agreements;
- designate those employees, agents and other representatives, groups or divisions and other persons who will be authorized to receive and use cards and other rights to incur indebtedness in connection with the Service;
- designate and advise Fifth Third Bank of the identity of a person or persons who will serve as administrator with respect to the Service and have authority to, among other powers specified in the Card Agreements: manage the service o...
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