(a) Each SVFH, shall pay a fee to the City equal to 5% of that SVFH's gross revenue, as defined in CPUC section 5860, pursuant to CPUC section 5840(q)(1). Failure to pay the fee in a timely manner will incur fines to the City as set out in that section.
(b) In addition, each SVFH shall pay a PEG channel fee to the City equal to 1% of that SVFH's gross revenue, as defined in 5.06.1.1, pursuant to CPUC section 5870(n). This fee shall be in addition to the fee paid in 5.06.1.1. The City shall expend these monies for the purpose of supporting PEG channel facilities and programming.
(Ord. 109, passed 11-5-2008)