All video service providers operating within the jurisdiction of Lincoln County must pay yearly a franchise fee of two percent (2%) of the gross revenue that the provider received during that year from its subscribers within Lincoln County. The video service provider must pay the entire amount of the franchise fee directly to the Lincoln County treasurer in legal tender of the United States or in a check, draft, or note that is payable in legal tender of the United States within fifteen (15) days after filing the report required in section 3-10-3 of this chapter. The board may adjust the rate in this section by resolution at its discretion; however, the board shall never adjust the rate to greater than five percent (5%) of gross revenue. (Ord. 2009-06, 11-2-2009)