HomeMy WebLinkAbout2026-298-06.01.2026.docDocusign Envelope ID: 4E141 DC0-92E1-8004-81 E8-088ECDB35EBC
Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2026-298
RESOLUTION APPROVING A COST OPTIMIZATION
ENGAGEMENT AGREEMENT WITH MERCHANT COST
CONSULTING LLC, FOR ANALYZING MERCHANT
SERVICES ACCOUNTS AND PROVIDE COMPREHENSIVE
COST OPTIMIZATION, ADVISORY, AUDIT, NEGOTIATION,
AND VENDOR MANAGEMENT SERVICES ACROSS OUR
MERCHANT SERVICES, AND AUTHORIZING THE MAYOR
TO EXECUTE SAID DOCUMENT.
WHEREAS, the City of Waterloo, Iowa, desires to obtain professional consulting
services related to the review and analysis of its merchant services accounts; and
WHEREAS, Merchant Cost Consulting LLC has submitted a Cost Optimization
Engagement Agreement to provide comprehensive cost optimization, advisory, audit,
negotiation, and vendor management services across the City's merchant services; and
WHEREAS, the City Council finds that entering into said Agreement is in the best
interests of the City and will assist the City in evaluating and optimizing merchant services costs
and related vendor arrangements.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Waterloo,
Iowa, that:
1. The Cost Optimization Engagement Agreement between the City of Waterloo, Iowa,
and Merchant Cost Consulting LLC, for analyzing merchant services accounts and providing
comprehensive cost optimization, advisory, audit, negotiation, and vendor management services
across the City's merchant services, is hereby approved.
2. The Mayor is authorized and directed to execute said document on behalf of the City
of Waterloo, Iowa.
PASSED AND ADOPTED this 1st day of June 2026.
Signed by:
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DavidBoesen, Mayor
ATTEST:
"—Signed by:
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Keleyt acIit , City Clerk
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