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Board approves ODFI origination agreement for consumer payments

Village of New Berlin Board · September 18, 2024
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Summary

Trustees unanimously approved a motion authorizing execution and delivery of an ODFI Origination Agreement to enable consumer payments, moved by Trustee Kris Neuman and seconded by Trustee Cindy Morris.

The Village of New Berlin Board approved a finance motion authorizing the execution and delivery of an ODFI Origination Agreement to accept consumer payments. Trustee Kris Neuman moved the motion and Trustee Cindy Morris seconded; the minutes record the motion as carried on a roll call vote.

The minutes state the motion text: "To approve and authorize the execution and delivery of ODFI Origination Agreement for Consumer Payments." The record does not specify the vendor or bank partner, nor does it list implementation dates or fees in the minutes.