(a) A franchisee shall pay a franchise fee set by the city council in the franchise ordinance. The franchise fee may not be less than four percent of the gross receipts resulting from the operation of the solid waste collection service within the city.
(b) The franchise fee must be paid on a payment schedule established by the city council in the franchise ordinance. A payment received later than 10 days after the due date accrues interest at the rate prescribed in Section 2-1.1 of this code.
(c) A franchise fee payment is nonrefundable. (Ord. Nos. 14219; 14566; 17226; 20076; 21058; 21819; 24743; 26134; 26480; 26608)