(A) The annual fee for the use of streets or public places authorized by a consent agreement or franchise agreement shall be included in the ordinance approving the agreement. Said fee shall be based on the gross revenues derived from activities in the town, the length of lines installed in the streets and public places or other formula deemed appropriate by the Town Council.
(B) No consent fee or franchise fee shall be construed to be in lieu of a business license tax based on gross revenue, unless specifically provided by ordinance.
(C) Credits for business license taxes paid may be applied to fees set by ordinance granting consent or a franchise when specifically authorized by ordinance.