§ 50.40 FRANCHISE FEES.
   In consideration of the grant of a franchise to residential contractors and commercial contractors, the BOT-approved contractors shall pay the city a franchise fee equal to 15% of the gross receipts of the franchisee for services in the city. This fee shall be paid each quarter, not less than 30 days after the end of the quarter. The city may inspect the books of any BOT-approved contractor, with or without previous notice, at any time during business hours.
(Ord. 2022-003, passed 7-20-2022)