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Reso 2021-3185
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Reso 2021-3185
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Last modified
7/28/2021 3:03:08 PM
Creation date
4/28/2021 10:18:49 AM
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CityClerk-Resolutions
Resolution Type
Resolution
Resolution Number
2021-3185
Date (mm/dd/yyyy)
04/15/2021
Description
P.O. for unleaded fuel using fuel card program. State of Florida contract with WEX Bank.
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DocuSign Envelope ID: ClAD950E-9B4C-4DE5-98D5-725EBB24CD9D <br />3. Incentive Share #3 —National Annual Volume Incentive— Each Participating State will receive <br />an incentive based on the total National Annual Volume (total annual sales for all Participating <br />States/Participating Entities). The formula for calculating the National Annual Sales Volume <br />Incentive is: <br />National Annual Volume (for all Fleet products) x basis points = National Annual Sales Volume <br />Incentive. <br />Basis Points Offered: <br />Total Annual Spend <br />Basis Points <br />$50,000,000 — $100,000,000 <br />10 <br />$100,000,001— $200,000,000 <br />15 <br />$200,000,001— $300,000,000 <br />20 <br />$300,000,001— $400,000,000 <br />25 <br />$400,000,001+ <br />30 <br />FEES <br />Below is a list of fees allowed under this Master Agreement. If choosing to charge these fees throughout <br />the agreement, indicate the amount and/or rates here. <br />Fee Type <br />Fee Amount <br />Foreign Transaction Fee <br />1.5% of the total <br />transaction value <br />Overnight Delivery Fee <br />$15.00 per occurrence <br />
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