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03.06 - Vendors for Eary Payment
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05-03-2011 Council Meeting
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03.06 - Vendors for Eary Payment
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� City of <br />Pequot <br />Lakes i - <br />AGENDA ITEM #3.6 <br />REPORT TO <br />CITY COUNCIL <br />Date: May 3, 2011 <br />Subject: Vendors for Early Payment <br />Report: The City's Accounting and Reporting Policy <br />� allows the staff to make immediate payment of claims if a <br />list of vendor's is provided to the Council for claims that <br />� <br />are regular and recurring and for which late fees or <br />penalties cannot be avoided. <br />The Council has approved a list of these claims. Staff has <br />additional vendors that it wishes to add to the list. <br />VENDORS FOR EARLY CLAIM PAYMENT <br />Current list (approved bv council on 10-5-10): <br />• Cardmember Service (credit card purchases) <br />• Crow Wing Power (electricity) <br />• Fleet Services (fuel card purchases) <br />• Ikon Office Solutions (copy machine lease & copies) <br />• MailFinance (postage machine) <br />• Minnesota Power (electricity) <br />• TDS Telecom (telephone & internet services) <br />• Verizon Wireless Services (cell phones service) <br />• Xcel Energy (natural gas) <br />
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