Waterloo issues credit/debit card use policy resolution

Resolution 18-11-27-01

CREDIT/DEBIT CARD USE POLICY RESOLUTION

At a regular meeting of the Waterloo Township Board of Trustees on November, 27, 2018, the following preamble and resolution was offered by  Walz and was supported by Kitley:

WHEREAS, Public Act 266 of 1995, MCL 129.241, et seq authorizes Waterloo Township to be a party to a *credit/debit card (*going forward to be referred to as the card) arrangement if the township board has adopted by resolution a written policy governing the control and use of credit/debit cards, and

WHEREAS, the Waterloo Township Board deems that it is in the best interest of the township to make certain township financial transactions by using a card as described in the Act, now

THEREFORE BE IT RESOLVED, that the following policy shall govern the use of township cards.

Resoluition 18-11-27-02

ACCEPTANCE OF PAYMENTS BY FINANCIAL TRANSACTION DEVICE

WHEREAS, Public Act 280 of 1995, MCL 129.221, et seq. authorizes a township board to adopt a resolution authorizing the acceptance of payments by financial transaction devices; and

AND WHEREAS, it has been determined by the Treasurer and the Deputy Treasurer of Waterloo Township that acceptable financial transaction devices include:

• VISA:  X
• MASTERCARD:   X
• DISCOVER CARD:  X
• AMERICAN EXPRESS:  X
• DEBIT CARDS : X

The Township authorizes Official Payments to provide third party credit card, debit card, or electronic fund transfer and to charge a convenience fee to the person remitting payment according to the convenience fee schedule.

AND WHEREAS, the financial transaction devices that may be accepted comply with the Township’s depository resolution under MCL 129.12 of the Michigan Compiled Laws.

Full copies of these Resolutions may be seen at the  Waterloo Township offices or on our website at www.waterlootwpmi.com

Janice Kitley, Waterloo Township Clerk

Thanks so much.

Jan