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Moscow council approves consent agenda and authorizes claim in national credit‑card settlement
Summary
The Moscow City Council approved the consent agenda and voted to authorize the city attorney to file a claim in the Visa/Mastercard interchange‑fee class settlement. The resolution directs staff to submit records so the settlement administrator can calculate any award for the city.
The Moscow City Council approved the consent agenda and unanimously authorized the city attorney to submit a claim on behalf of the city in the national payment‑card interchange fee class settlement.
The council voted to let the city participate in a class settlement arising from long‑running antitrust litigation over interchange fees charged to merchants who accept Visa and Mastercard. A staff speaker said the settlement totals about $5,500,000,000 and that the city qualifies for the claims period Jan. 1, 2004, through Jan. 25, 2019. The speaker said staff will need to provide records to the class administrator, which will calculate any payment due to the city.
The resolution gives the city attorney authority to opt in and to supply merchant records for the claims administrator’s review. The staff speaker told council members there is no way to know in advance how much the city might receive and that completing the claim process is required to learn an exact amount. The speaker also said the class administrator’s filing deadline for merchants is Feb. 4 (as stated during the meeting).
The consent agenda was approved at the start of the meeting. The resolution to authorize submission of the claim was moved and seconded and carried by recorded voice vote with council members listed as voting “aye.”
No dollar distribution to the city was calculated or announced at the meeting; staff said the administrator will verify submitted records and compute the city’s share after claims are filed.
Votes at a glance
• Consent agenda — Motion to approve consent agenda; seconded by Sandra Haley; outcome: approved by voice vote (aye votes recorded during the meeting).
• Resolution authorizing the city attorney to submit a claim in the payment card interchange fee settlement — Motion to approve the resolution; seconded (not specified); outcome: approved by voice vote (aye votes recorded: Bryce, Drew, Sandra Haley, Gina, Hailey, plus the presiding official voting aye).
