Sponsor
Alderman Spangenberg
Title
Agreement with ATM Financial for ATM Machines
Resolved, that the Mayor and City Clerk be authorized and directed to enter into a one year agreement with ATM Financial to install one (1) ATM machine in City Hall and one (1) ATM machine in the Safety Building with the following stipulations:
1. A hold harmless agreement be executed.
2. That ATM Financial pay the initial cost for installation of the electrical lines and phone lines.
3. That ATM Financial pay to the City of Racine the greater value of the monthly phone charge and cost of electrical or a $0.50 transaction fee applied to all transactions above 300 per month.
4. That the locations be acceptable to the Department of Public Works.
5. That anchors for the machine not be placed in any decorative floor.
Fiscal Note: N/A at this time.