Board of Estimate & Contract:
RESOLVED, that a resolution adopted by the City Council on February 11, 2025, and signed by the Mayor on February 11, 2025, authorizing the Department of Recreation to Accept Payments Via Automated Clearing House (ACH) and Wire Transfers for Memorial Field Revenue - (all funds received through ACH and wire transfers shall be deposited directly into Revenue Code A2001.21 to ensure proper accounting and financial management); be, and the same is hereby approved.
City Council:
AN ORDINANCE AUTHORIZING THE DEPARTMENT
OF RECREATION TO ACCEPT PAYMENTS VIA
AUTOMATED CLEARING HOUSE (ACH) AND WIRE
TRANSFERS FOR MEMORIAL FIELD REVENUE
Whereas, by letter dated January 23, 2025, the Deputy Commissioner of the Department of Recreation has requested legislation authorizing the Department to accept payments for Memorial Field revenue via Automated Clearing House (ACH) and wire transfers; and
Whereas, the City of Mount Vernon seeks to modernize its financial operations and enhance the efficiency of revenue collection; and
Whereas, Memorial Field generates revenue that must be collected in a secure and timely manner to support ongoing recreational programs and facility maintenance; and
Whereas, permitting the Department of Recreation to accept payments via Automated Clearing House (ACH) and wire transfers will provide an efficient and secure alternative to traditional payment methods; and
Whereas, businesses and entities utilizing Memorial Field increasingly rely on electronic banking and prefer digital payment methods for financial transactions; and
Whereas, electronic payment methods mitigate the risk of returned or insufficient funds checks, ensuring the timely receipt and recording of revenue in Revenue Code A2001.21; and
Whereas, the City Comptroller's Office will establish and oversee the necessary guidelines and procedures to ensure compliance with all financial regulations and operational effici...
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