A. The grantee shall pay the city a sum equal to three percent (3%) of the gross subscriber revenues per annum derived by the grantee from all subscribers located within the city.
B. "Gross subscriber revenues" for purposes of this chapter are defined as all revenues received by grantee from "basic", "tier", "premium" and "pay" television supplied to subscribers within the city, including connection and service charges.
C. The payments described in this section shall be in lieu of any and all other franchise, occupation, privilege, pole, wire, instrument, excise or other taxes except general ad valorem property taxes, sales taxes, city license tax and other special improvement taxes lawfully levied by the city or any other subdivision of the state of Utah pursuant to law.
D. The business of cable television is hereby classified as a "retail business" for licensing purposes and the franchise shall pay the annual license fee for such business at the rate in effect each year for such businesses, but it will not be singled out for tax treatment different from other members of that general class of business. The grantee is authorized to charge and collect this franchise fee from the subscribers in addition to the charges for services heretofore or hereafter approved by the city in the same manner as such billing and collection is authorized under the utility franchises issued by the city. (Ord. 2008-04, 10-14-2008, eff. 10-14-2008)