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Legislation
Resolution
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 15-00188 Final Action Date:
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
AUTHORIZING THE CITY MANAGER TO EXECUTE THE FIRST AMENDMENT TO
THE PARTICIPATION AGREEMENT, IN SUBSTANTIALLY THE ATTACHED FORM,
WITH JPMORGAN CHASE BANK, N.A., FOR THE EXTENSION OF COMMERCIAL
CARD SERVICES FORA TWELVE (12) MONTH TERM, TO ALLOW FOR
CONTINUITY OF SERVICES AND PROCUREMENT OF A NEW CONTRACT.
WHEREAS, pursuant to Resolution No. 09-0063, adopted February 12, 2009, the City of Miami
("City") entered into a Participation Agreement with JPMorgan Chase Bank, N.A. ("JPMorgan"), by
accessing a contract between the City Department of Off -Street Parking d/b/a the Miami Parking
Authority ("MPA"), and JPMorgan, for Commercial Card Services ("P-card services"); and
WHEREAS, the Commercial Card Agreement between the MPA and JPMorgan has been
extended through March 31, 2015; and
WHEREAS, the MPA has conducted a full and open competition, and is in the process of
awarding the P-card services to a new vendor, SunTrust Bank; and
WHEREAS, the Participation Agreement between the City and JPMorgan stipulates that it shall
survive the Commercial Card Agreement between JPMorgan and the MPA, and the First Amendment
extends the Participation Agreement for twelve (12) months from April 1, 2015 through March 31,
2016, allowing for continuity of services and for the re -procurement of these services through a
competitive process; and
WHEREAS, the City Department of Finance has a need to replace its banking services contract
which is currently on a month -to -month basis; and
WHEREAS, the re -procurement of the P-Card Services is necessary, and will also include these
banking services; and
WHEREAS, it is not practicable or advantageous to the City at this time to acquire a new
vendor, which would require the implementation of a new software program and training, as well as the
issuance of new P-Cards; and
WHEREAS, the City Manager requests authorization to execute the First Amendment to the
Participation Agreement with JPMorgan, in substantially the attached form, for the extension of P-card
services for a period of twelve (12) months;
NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI,
FLORIDA:
Section 1. The recitals and findings contained in the preamble to this Resolution are adopted by
reference and incorporated as fully set forth in this Section.
City of Miami Page 1 of 2 File Id: 15-00188 (Version: 1) Printed On: 2/23/2015
File Number: 15-00188
Section 2. The City Manager is authorized {1} to execute the First Amendment to the
Participation Agreement, in substantially the attached form, with JPMorgan for a twelve (12) month
term, to allow for continuity of services and procurement of a new contract.
Section 3. This Resolution shall become effective immediately upon its adoption and signature
of the Mayor. {2}
APP'OVED AS TO FORM ANQ CORRECTNESS:
VI ORIA ENDEZ
CITY ATTORNEY
Footnotes:
{1} The herein authorization is further subject to compliance with all requirements that may be imposed
by the City Attorney, including, but not limited to, those prescribed by applicable City Charter and Code
provisions.
{2} If the Mayor does not sign this Resolution, it shall become effective at the end of ten (10) calendar
days from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become
effective immediately upon override of the veto by the City Commission.
City of Mianai Page 2 of 2 File Id: 15-00188 (Version: 1) Printed On: 2/23/2015