Memorandum 11-010 Credit Card Fees

City of Homer
Port / Harbor Telephone (907) 235-3160
4350 Homer Spit Road Fax (907) 235-3152
Homer, Alaska 99603-8005 E-mail port@ci.homer.ak.us
Web Site http://port.ci.homer.ak.us
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MEMORANDUM 11-010

TO: HOMER CITY COUNCIL & CITY MANAGER WALT WREDE

FROM: PORT & HARBOR ADVISORY COMMISSION

SUBJECT: CREDIT CARD FEE

DATE: JANUARY 17, 2011

Background

During the Port and Harbor Commission’s December 15, 2010 regular meeting, the commission passed a motion to recommend to City Council to create an ordinance that allows Port and Harbor to charge a percentage fee to offset the cost of the fees to accept credit cards.

This motion is a response to the rising costs of credit card expenses to the Port enterprise.

Recommendation

The question to consider is: can the Port and Harbor apply a credit card fee to offset these costs? Request from Finance information regarding the negotiations for credit card fees for 2011 and the legality of the commission’s proposal.

Attached: Excerpt from Port &Harbor Commission December 15, 2010 Meeting Minutes