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HomeMy WebLinkAboutR-15-0109City of Miami Legislation Resolution: R-15-0109 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 15-00188 Final Action Date: 3/12/2015 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 City of Miami Page 1 of 2 File Id: 15-00188 (Version: 1) Printed On: 2/15/2018 File Number: 15-00188 Enactment Number: R-15-0109 by reference and incorporated as fully set forth in this Section. 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} 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 Miami Page 2 of 2 File Id: 15-00188 (Version: 1) Printed On: 2/15/2018