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Agenda - Council - 04/22/1986
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Agenda - Council - 04/22/1986
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7/15/2004 9:35:07 AM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
04/22/1986
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Att~¢hmmnt ! <br /> I J~M£NDM£NT <br /> To &tticle VI, ~ect~on 4,It. <br /> OF THE CABbE CO~UNICATIONS ORDI~ANC~ <br /> No.~ <br /> <br /> I SECTION ~ F~NCHISE FEE, RATES, CHARGES, CHANGES IN FEES <br /> ....... AND PROCEDURE~ ---- <br /> <br /> Franchise <br /> Fee. <br /> I . . . <br /> <br /> I (1) Throughout the term o[ this Franchise, Grantee <br /> _ <br /> shal~ pay to C~ty, w~thLn ninety (90) 4ays a~ter <br /> I the en~ o[ each quarter o[ the [isca2 year <br /> <br />' I Grantee, a [ranchise ~ee o[ [ire ~rcent (5~) <br />I <br /> a~l Gross Revenues~ with a&~ustments at year en~ <br />' I ~or actual Gross Revenues. No pa~ent will be <br /> _ <br /> <br /> i alcove& o~ any ~ee that ~s dL~erent <br /> percent, other than the [~l~ng ~ee an~ payment <br />LI required o[ the successful applicant as established <br /> by City to recover the costs of franchising. <br /> Grantee a~r~ to ,upport an7 waiver required <br /> <br /> I the FCC ~or the established franchise fee. The <br /> annual fee may be subject to renegotiation at such <br /> I time as federal or state authorities no longer <br /> <br />I <br />I <br /> <br />regulate the amount of the fee. If Grantee and <br />City do not agree in renegotiations, the Franchise <br />fee shall remain unchanged. <br /> <br />DATE: <br /> <br /> <br />
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