02-08-2006 Council Agenda - Laserfiche WebLink

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MAYOR Bill Blesener COUNCIL, Jirn LaValle Rick Montour Barbara Allan John Keis 515 Little Canada Road, Little Canada, MN 55117 -1600 ADMINISTRATOR (651) 766 -4029 / FAX: (651) 766 -4048 Joel R. Hanson www.ci.little-canacla.mn.us To: Mayor Blesener & Council Members From: Shelly Rueckert, Finance Director Re: Credit Card Acceptance Date: February 3, 2006 As you know, one of the goals from the 2005 goal setting sessions was to "explore options for accepting credit card payments." For background information, this issue was last discussed by the Council in 2001 (see exhibit A). At that time the recommendation was to not have the city implement the acceptance of credit cards due to the cost of the program. Subsequent to that time, this issue has been discussed internally by staff a number of times. The conclusions of these discussions generally were similar to the Council's decision in 2001. The question as to who should bear the cost of the fee was the main concern. In revisiting the acceptance of credit cards, we included a question in the community survey regarding credit cards as to which party should bear the responsibility of processing costs. While the survey is not 100% complete, the survey company has provided us with results for this particular question (see exhibit B). The sentiment of the residents is that the processing cost should be borne by the card users. We have surveyed what other surrounding cities are currently offering for credit card services (see exhibit C). As you can see, the cities accepting credit card payments do not charge a fee to do so.