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Generated summaryAI-assisted
This memorandum recommends the adoption of a resolution to authorize the City Manager to negotiate and execute a Third Amendment to the Agreement with Collection Bureau of America, Ltd. for collection services for delinquent accounts. The amendment includes extending the agreement to June 30, 2028, increasing collection fees, and adding options for further extensions. The current agreement is set to expire on June 30, 2026, and the proposed changes aim to ensure uninterrupted collection services for the City.
Key points
The memorandum is addressed to the Mayor and City Council regarding the Third Amendment to the Agreement with Collection Bureau of America, Ltd.
The recommendation includes negotiating an extension of the agreement to June 30, 2028.
Collection fees are proposed to increase from 14% to a maximum of 16% or $25 per account, whichever is greater.
Fees for delinquent Electric Generation Charges will also increase based on the age of the account.
The amendment aims to maintain continuity of collection services and avoid revenue loss for the City.
Limitations
The text includes unresolved placeholders such as specific details for the collection fee increases for delinquent Electric Generation Charges.
The document does not provide specific dates for the proposed fee increases beyond the general timeline.
Generated for convenience from extracted text using AI. Review the official source document before relying on this summary.
Extracted text preview · 7,606 chars
COUNCIL AGENDA: FILE: ITEM: TO: HONORABLE MAYOR AND CITY COUNCIL SUBJECT: See Below Approved 6/2/26 26-645 2.13 FROM: Maria Öberg DATE: May 11, 2026 Date: 5/18/26 COUNCIL DISTRICT: Citywide SUBJECT: Third Amendment to the Agreement with Collection Bureau of America, Ltd. for Collection Services for Delinquent Accounts RECOMMENDATION Adopt a resolution authorizing the City Manager or her designee to: (a) Negotiate and execute the Third Amendment to the Agreement with Collection Bureau of America, Ltd. (Hayward, CA) for collection services for delinquent accounts, to add two additional one-year option terms, for a total of nine options, to extend the agreement to on or about June 30, 2028, subject to the appropriation of funds; (b) Increase Collection Bureau of America’s collection fee from 14% of the total amount collected per account to 16% of the principal amount collected or $25 per account, whichever is greater, with payment made upon successful collection and remittance of funds by Collection Bureau of America Ltd., with no fiscal impact to the City as the fee is paid directly by the customer; (c) Increase Collection Bureau of America’s collection fee for delinquent Electric...
Official source link unavailable.
The file was imported, but the current source metadata does not include a public document URL.
Generated summaryAI-assisted
The source text indicates this attachment appears to be a draft document.
This resolution authorizes the City Manager of San Jose to negotiate and execute a third amendment to the agreement with Collection Bureau of America, Ltd. for collection services for delinquent accounts. The amendment includes adding two additional one-year option terms, increasing collection fees, and extending the agreement to approximately June 30, 2028, subject to fund appropriation.
Key points
The resolution allows for the negotiation and execution of a third amendment to the agreement with Collection Bureau of America, Ltd.
It adds two additional one-year option terms, totaling nine options, extending the agreement to approximately June 30, 2028.
The collection fee will increase from 14% to 16% of the principal amount collected or $25 per account, whichever is greater.
The collection fee for delinquent Electric Generation Charges will increase from 24% to a maximum of 26% for accounts one year or less past due, and from 28% to a maximum of 30% for accounts more than one year past due.
The fee increases reflect current market conditions and are paid directly by customers, resulting in no fiscal impact to the City.
Limitations
The document appears to be a draft, as indicated by the repeated mention of 'DRAFT' and the placeholder for the adoption date and vote details.
Specific dates and vote outcomes are not provided in the text.
Generated for convenience from extracted text using AI. Review the official source document before relying on this summary.
Extracted text preview · 5,785 chars
SAW:DEY:JMD 5/21/2026 RESOLUTION NO. A RESOLUTION OF THE COUNCIL OF THE CITY OF SAN JOSE AUTHORIZING THE CITY MANAGER OR THEIR DESIGNEE TO: (A) NEGOTIATE AND EXECUTE THE THIRD AMENDMENT TO THE AGREEMENT WITH COLLECTION BUREAU OF AMERICA, LTD. (HAYWARD, CA) FOR COLLECTION SERVICES FOR DELINQUENT ACCOUNTS, TO ADD TWO ADDITIONAL ONE-YEAR OPTION TERMS, FOR A TOTAL OF NINE OPTIONS, TO EXTEND THE AGREEMENT TO ON OR ABOUT JUNE 30, 2028, SUBJECT TO THE APPROPRIATION OF FUNDS; (B) INCREASE COLLECTION BUREAU OF AMERICA’S COLLECTION FEE FROM 14% OF THE TOTAL AMOUNT COLLECTED PER ACCOUNT, TO 16% OF THE PRINCIPAL AMOUNT COLLECTED OR $25 PER ACCOUNT, WHICHEVER IS GREATER; (C) INCREASE COLLECTION BUREAU OF AMERICA’S COLLECTION FEE FOR DELINQUENT ELECTRIC GENERATION CHARGES FROM SAN JOSE CLEAN ENERGY CLOSED ACCOUNTS RANGING FROM 24% UP TO 30%; AND (D) EXERCISE UP TO TWO ADDITIONAL ONE-YEAR OPTIONS TO EXTEND THE TERM OF THE AGREEMENT ENDING ON OR ABOUT JUNE 30, 2028, SUBJECT TO THE APPROPRIATION OF FUNDS WHEREAS, the City of San José (“City”) City Council desires to adopt this resolution for the reasons set forth in the memorandum, dated May 11, 2026, from the Director of Finance, Maria Öberg,...