Every three years commencing after December 31, 2001, the village has the right, after providing prior notice and an opportunity to comment to grantee, to require the payment by grantee on a periodic basis, of a franchise fee, provided that any such fee is applied equally to all grantees under this chapter that are supplying the same commodity (electricity or natural gas) as grantee. Such a franchise fee would be an additional franchise term and condition, to be adopted and presented to the grantee for acknowledgment, agreement and acceptance as an ordinance amendment as provided in § 113.22. In any such fee review, the grantee shall disclose and the village may consider if grantee pays a franchise fee, charge or other periodic payment for a franchise to any other Michigan municipalities and the manner in which such fees are computed. It is a condition of a franchise that the grantee notify the village of any such fees that are paid and the village shall have the right to inspect grantee's books and records to monitor, enforce and determine grantee's compliance and the accuracy of amounts paid or to be paid by grantee under this section.
(Ord. 19.01, passed 6-12-00)