Loading...
HomeMy WebLinkAboutRESOLUTION - 8-96 - 1/23/1996 - BANK CARD MERCHANT AGRMT RESOLUTION NO. 8-96 A RESOLUTION AUTHORIZING THE VILLAGE TREASURER TO ENTER INTO A BANK CARD MERCHANT AGREEMENT WITH NBD ELK GROVE WHEREAS, it has been recommended that the best interest of the Village of Elk Grove Villa<je would be served by accepting MasterCard and/or Visa cards for the one-time event of the Village ' s 40th Anniversary Celebration Dinner/Auction; and WHEREAS, the Village maintains accounts at NBD Elk Grove; and WHEREAS, the Village Treasurer is the custodian of all money paid into the Village; NOW, THEREFORE, BE IT RESOLVED, by the President and Board of Trustees of the Village of Elk Grove Village, Counties of Cook and DuPage, Illinois; Section 1 : That the Village Treasurer is authorized on behalf of the Village to execute and deliver to NBD Bank the Bank Card Merchant Agreement in the form required by the Bank and any other documents required in connection therewith, and if such Agreement or any other such document has heretofore been so executed and delivered such execution and delivery is hereby ratified and confirmed. Section 2 : The term of they agreement is for the one-time event of the Village ' s 40th Anniversary Dinner/Auction and that said agreement will terminate after such event. Section 3 : That this resolution shall be in full force and effect from and after its passage and approval according to law. VOTE: AYES: 5 NAYS: 0 ABSENT: 0 ABSTAIN: 1 PASSED this 23rd clay of January 1996 . APPROVED this 23rd clay of January 1996 . Dennis J. Gallitano Village President ATTEST: Patricia S. Smith Village Clerk PUBLISHED this 26th day of January , 1996 in pamphlet form.