(A) In addition to the non-refundable encroachment permit application processing fee which covers the cost of reviewing and processing the applications; the inspection fees which cover the cost of inspection of the construction, work, or installation to ensure it meets all city requirements; a fee to recover all of the reasonable costs associated with construction, maintenance, and operation of a permittee’s facilities in the highway, including but not limited to all reasonable costs associated with damage caused to the highway; persons subject to this permit are also required to obtain a fiber optic cable license and thus will be required to pay the license application processing fee and shall also pay an annual license fee established by resolution of the City Council. This fee shall be based on one of the following:
(1) On the gross income from the business;
(2) On the fair market value of the property to be used; or
(3) Any other basis which the Council determines is appropriate and in the best interests of the city.
(B) The fee shall be paid annually in advance at the issuance of the permit and within 30 days of the anniversary date of the issuance of the permit.
(Prior Code, § 18-7-10)