The rate of the license or franchise fee hereby imposed is hereby established at thirty thousand dollars ($30,000) for each year of the franchise or license, with the initial payment for the first year due and payable with the bid or other application for the franchise or license, and all subsequent annual payments for future years due and payable on or before each annual anniversary of the initial payment.
(Ord. 2005-05-07, passed 6-6-05)