(a) In accordance with the requirements of Ohio R.C. 1332.32, all video service providers providing video service in the Village pursuant to a video service authorization obtained from the Director of the Ohio Department of Commerce shall pay the VSP Fee in the amount of five percent (5%) of gross revenues received from providing video service in the Village, which gross revenue base shall include advertising revenues. The VSP Fee shall be paid quarterly, not sooner than forty-five (45) days nor later than sixty (60) days after the end of each calendar quarter.
(b) Upon receipt of notice from a video service provider that it will begin providing video service in the Village pursuant to a state-issued video service authorization, the Mayor is authorized and directed to provide such video service provider with notice of the VSP Fee as determined by this Council in subsection (a) above, which notice shall be delivered in a manner that provides for proof of timely delivery.
(Ord. 19-08. Passed 3-17-08.)