As fair and reasonable compensation for any franchise granted pursuant to this chapter, a provider shall have the following obligations:
A. Application Fee: In order to offset the cost to the city to review an application for a franchise and in addition to all other fees, permits or charges, a provider shall pay to the city, at the time of application, five hundred dollars ($500.00) as a nonrefundable application fee. The application fee shall also be paid when an amendment to an application is filed with the city.
B. Franchise Fees: The franchise fee, if any, shall be set forth in the franchise agreement. The obligation to pay a franchise fee shall commence on the completion date. The franchise fee is offset by any business license tax or fee enacted by the city.
C. Encroachment Permits: The provider shall also pay fees required for an encroachment permit as provided in the city's encroachment permit ordinance. (Ord. 247, 9-2-1997; amd. Ord. 1538, 4-19-2022)