(A) In the event the costs incurred by the town as set forth in § 114.003 of this chapter are less than the franchisee’s initial $2,000 payment, the town shall refund the difference to the franchisee, which shall be mailed with the accounting.
(B) Should the costs incurred by the town exceed the initial payment made by the franchisee, the franchisee shall be required to pay the difference to the town within 30 days of the receipt of the accounting, which payment shall constitute the final installment of the franchise application fee.
(Prior Code, § 751.4) (Ord. 364, passed 11-5-1992; Ord. 591, passed 4-7-2016)