(a) Council hereby establishes a VSP Fee that is calculated by applying a VSP Fee Percentage of five percent (5%) to the VSP’s gross revenues as defined in Section 1332.32(B) of the Video Law. For purposes of calculating the VSP Fee, the VSP’s gross revenues shall include advertising revenues in accordance with Section 1332.32(B)(2)(g) of the Video Law. The VSP Fee Percentage and Video Law gross revenues definition, as modified in this section, shall apply equally to all VSP and cable television operators providing video service in the City.
(b) The VSP Fee shall be paid by each video service provider providing service in the City on a quarterly basis but not sooner than forty-five days nor later than sixty days after the end of each calendar quarter.
(c) The Mayor is authorized and directed to provide any VSP’s with notice of the VSP Fee Percentage and gross revenues definition as determined by such VSP that it will begin providing video service in the City pursuant to a State-issued video service authorization.
(d) This section shall not apply to any person or VSP that offers video service in accordance with a franchise agreement entered into before September 23, 2007, and which continues to provide video service pursuant to the terms and conditions of the franchise agreement for the time the franchise agreement remains in effect.
(Ord. 7-08. Passed 1-28-08.)
REVISED ORDINANCES OF CHILLICOTHE