(A) As compensation for the use of the village's streets, public ways and places and other facilities and for the right to construct, operate, maintain, modify and reconstruct a cable communications system for the village's costs of maintenance and supervision of the franchise and for the village's costs of establishing and conducting the regulatory activities required by virtue of the franchise, a franchisee shall pay to the village an amount equal to 5% of a franchisee's gross revenues from all sources attributable to the operations of the franchisee within the village. The franchise fee payment shall be in addition to any tax, permit fee or other payment owed or service to be provided to the village by a franchisee.
(B) For purposes of this chapter, gross revenues shall be calculated on an accrual basis.
(Ord. passed - -)