A. Obligation And Amount: No franchise shall be granted without reserving to the city adequate consideration for the privilege conferred. The amount of consideration to be paid by a grantee shall be prescribed by resolution of the city council and in accordance with the terms of this chapter.
B. Time: Franchisees must pay franchise fees monthly, due and payable on the first day of the month immediately following the month in which services under a franchise agreement were rendered.
C. Payee: Franchisees must pay their franchise fees to the order of the city of Corcoran.
D. Documentation: Together with payment of their franchise fees, the person submitting the payment and the chief financial officer of the franchisee or other person acceptable to the city manager, must submit the following:
1. Documentation in the form and detail satisfactory to the city manager showing the basis for calculating the franchise fee, together with additional information that the city manager may determine to be necessary to calculate or verify the franchise fee; and
2. A representation warranty as follows:
I represent and warrant, under penalty of perjury of the laws of the State of California, that I am familiar with the financial transactions of [INSERT NAME OF FRANCHISEE] and am responsible for keeping and maintaining its financial records, including gross receipts thereof, and I have reviewed the [INSERT DATE AND DESCRIPTION OF ACCOMPANYING FRANCHISE PAYMENT ACCOUNTING STATEMENT]. To the best of my knowledge and belief, the statement is true, correct and complete.
Documentation and representations and warranties filed by franchisees will not be deemed conclusive as to the information presented or statements made therein. Franchisees' submission of documentation and representations and warranties does not preclude the city from taking additional measures and actions to collect franchise fees actually due and payable. (Ord. 579, 2-9-2005)