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(a) Subject to Ohio Senate Bill 117 going into legal effect, in accordance with the requirements of R.C. 1332.32 enacted thereby, all video service providers providing video service in the city pursuant to a video service authorization obtained from the Director of the Ohio Department of Commerce shall pay video service provider fees ("VSP Fees") in the amount of five percent of gross revenues received from providing video service in the city, which gross revenue base shall include advertising revenues. The VSP Fee shall be paid quarterly, not sooner than 45 days nor later than 60 days after the end of each calendar quarter.
(b) No later than ten days from receipt of notice from a video service provider that it will begin providing video service in the city pursuant to a state-issued video service authorization, the Mayor, or the Mayor's designee, is authorized and directed to provide such video service provider with notice of the VSP Fee as determined by this Council above, which notice shall be delivered in a manner that provides for proof of timely delivery.
(Ord. 07-O-54, passed 12-3-2007)