§ 5-5.123. Collection Agreement Proposals.

Proposals to enter into a collection agreement with the City pursuant to this chapter shall be submitted in writing to the City Clerk. The City shall charge a reasonable fee, as determined by a resolution adopted by the City Council, to the proponent of a proposal to cover the City's costs associated with the due diligence in consideration of the proposal. Each proposal shall contain the following information:

(a)

Name and Address of the Proponent. If the proponent is a firm or partnership, names of all owners and partners of all classes, limited and general, shall be listed. If the proponent is a corporation, the names and titles of each of the officers and directors shall be listed, and in addition the names of all stockholders owning, holding or controlling five (5) percent or more of corporate stock shall be listed;

(b)

The types of services offered;

(c)

The number, kind and capacity of the vehicles and other equipment to be used for such purposes;

(d)

A financial statement showing the proponent's financial status and their financial ability to conduct the collection operation proposed in their proposal;

(e)

Proposed consideration to the City if agreement is reached.

(Formerly 5-5.21, Ord. 30-C.S., amended by Ord. 1095-C.S., Ord. 3018-C.S., § 1, and Ord. 3018-C.S., § 1, formerly 5-5.22, amended by Ord. 3067-C.S., § 1, formerly 5-5.23, amended by Ord. 3471-C.S., § 1)

(Ord. 3634-C.S., § 1, effective 10-1-15)