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HomeMy WebLinkAboutLetter 2CLARE T. TRAUTH VICE PRESIDENT GLOBAL CONTRACTS MANAGEMENT January 15, 2009 Mr. Michael Rath City of Miami Department of Purchasing 444 S.W. 2nd Avenue, 6th Floor Miami, FL 33130 Re: City of Miami Chase Commercial Card Program Dear Mr. Rath: I am writing in connection with your request to participate in the J.P.Morgan ("JPM") Florida Purchase Card Consortium program (the "Consortium Program") launched with the Miami Parking Authority ("MPA"). Under the terms of the Consortium Program, the City of Miami may participate in and benefit from the rebate pricing offered by JPM under the Commercial Card Classic Agreement between JPM and the Department of Off -Street Parking of the City of Miami d/b/a Miami Parking Authority ("MPA"). As a participant, your Commercial Card Program spend will be aggregated with the card spend of all other participants to determine the applicable rebate rate. Your spend will then be calculated and paid based on your actual spend and not the aggregate of all participants. Payment will be made to you via wire transfer to an account designated by you. By signing and returning a copy of this letter, you acknowledge and agree that the rebate schedule contained in the Chase Commercial Card Program Master Agreement, dated as of February 10, 2005, between the City of Miami, a municipal corporation of the State of Florida and Chase Bank USA, N.A., formerly Chase Manhattan Bank USA, a national association is hereby null and void. You further acknowledge and agree that as of the date first written above the City of Miami will be subject to the rebate schedule and any amendments thereto in the Miami Parking Authority Commercial Card Classic Agreement, dated as of July 9, 2008 as amended by the First Amendment dated as of November 21, 2008. If you have any questions regarding the matter contemplated herein, please contact Chris Ripoli at 813- 432-4902. Sincerely, CMZ �/ Clare T. Trauth Vice President City of Miami By: Name: Title: Date: 300 S. Riverside Plaza, 9th Floor, Mail Code Suite I1-1-0199, Chicago, Illinois 60606 Telephone 877 302 4273 rinhol rn tr tc AAoroa -t