(A) Fee imposed. A service provider fee is hereby imposed on any holder providing cable service or video service in the village.
(B) Amount of fee. The amount of the service provider fee imposed hereby shall be 5% of the holder’s gross revenues.
(C) Notice to the village. Unless the holder has earlier sent notice to the village pursuant to 220 ILCS 5/21-801(a), the holder shall notify the village at least ten days prior to the date on which the holder begins to offer cable service or video service in the village.
(D) Holder’s liability. The holder shall be liable for and pay the service provider fee to the village. The holder’s liability for the fee shall commence on the first day of the calendar month following 30 days after receipt of the ordinance adopting this chapter by the holder. The ordinance adopting this chapter shall be sent by mail, postage prepaid, to the address listed on the holder’s application notice sent pursuant to 220 ILCS 5/21-401(b)(6), to the village. Together with this chapter, the village shall send the holder instructions for remitting the payment and statement required hereby.
(E) Payment date. The payment of the service provider fee shall be due on a quarterly basis, 45 days after the close of the calendar quarter. If mailed, the fee is considered paid on the date it is postmarked. Each payment shall include a statement explaining the basis for the calculation of the fee.
(F) Exemption. The fee hereby imposed does not apply to cable service or video service providers that have an existing franchise agreement with the village, under 65 ILCS 5/11-42-11, in which a fee is paid.
(G) Credit for other payments. An incumbent cable operator that elects to terminate an existing agreement pursuant to 220 ILCS 5/21-301(c), with credit for prepaid franchise fees under that agreement may deduct the amount of such credit from the fees that operator owes under division (B) of this section.
(Ord. 2007-10-39, passed 10-15-2007)