HomeMy WebLinkAbout155-90 RESOLUTIONRESOLUTION NO.
155-90
A RESOLUTION AUTHORIZING A CONTRACT WITH
NATIONAL ACCOUNTS SYSTEMS FOR COLLECTION
SERVICES.
BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF
FAYETTEVILLE, ARKANSAS:
Section 1. That the Mayor and City Clerk are hereby
authorized and directed to execute a contract with National
Accounts Systems for collection of overdue municipal court fines,
overdue water, sewer, sanitation accounts, and overdue returned
checks at the rate of 50% per debt collected. A copy of the
contract authorized for execution hereby is attached hereto marked
Exhibit "A'.' and made a part hereof.,
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PASSED AND APPROVED this 16th day of October , 1990.
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Sfr +ATTEST:
•-By:
City C
•
APPROVED:
By: G!-edeagt,//
Mayor
AGREEMENT
This AGREEMENT executed this 25th day of October,
1990, by and between the City of Fayetteville, Arkansas, herein-
after called the "City", and National Account Systems,Inc.,
hereinafter called the "Collection Agency".
WHEREAS, the City of Fayetteville has solicited proposals for
services of a qualified collection agency; and
WHEREAS, National Account Systems, Inc., has submitted a
proposal which has been accepted by the City.
NOW, THEREFORE, THE CITY AND THE COLLECTION AGENCY HEREBY
MUTUALLY AGREE AS FOLLOWS:
1. The Collection Agency shall attempt to collect all past
•
due debts referred to the Agency by the City, including, but not
limited to, municipal court fines, water, sewer and sanitation
bills, and returned checks.
2. A11 payments made by customers for debts that have been
turned over to the Collection Agency shall be paid directly to the
agency. The Collection Agency shall then send a check for the
total amount of all collected debts at the end of the month to the
City of Fayetteville Administrative Services Division. The City
shall then redistribute collection payment to the Collection
.Agency.
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3. Cases while on appeal will not be turned over for
collection. Only debts with past due amounts ninety (90) days or
older will be considered for reference to the Collection Agency,
returned checks may be turned over after thirty (30) days. In
instances where a credit adjustment is made or public service
participation is arranged relating to a debt that has already been
turned over to the Collection Agency, the City shall notify the
'Collection Agency of the adjustment or arrangement and the amount
due on the debt shall be changed with no payment due to the
Collection Agency for the credited amount.
4. The City shall pay the Collection Agency a commission
equivalent to fifty per (50%) of all amounts collected after
the execution date hereof.
5. The term of this agreement shall be for a period of one
(1) year with an option to extend the contract up to two (2)
additional terms of one (1) year each from the execution date
hereof; provided, the City may terminate this agreement at any time
by giving the Collection Agency thirty (30) days written notice of
termination. Upon termination of contract all records on accounts
and debts become the property of the City. The Collection Agency
would turn over all records on accounts and debts to the City
within the thirty (30) days after cancellation of contract.
6. The City reserves the right to review, audit, and/or
examine any and all records obtained by the Collection Agency
pertaining to accounts, and debts.
7. At. all times during the term of the agreement, the
Collection Agency shall: be duly licensed .by the Arkansas Hoard of
Collection Agencies.and shall be bonded in an amount and with a
company approved by the City.
IN WITNESS WHEREOF, this Agreement has been executed on the
date first above written.
CITY OF FAYETTEVILLE, ARKANSAS
By:
ATTEST
By:
Title:
Ca
rry rI Jean L Witt CAL
tt
NOTARY PUBLIC
Washington County. PR
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Mayor
National Account Systems, Inc.
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