The operator, for the privilege of holding a permit to operate a community antenna system in the City which entitles him or her to offer his or her services, and to install his or her distribution and transmission facilities in, under and over the streets, highways and other public grounds of the City, subject to the overall provisions of this chapter, shall make payments to the City as follows:
(a) The operator, each year, shall pay three percent of all gross receipts to the City.
(b) The operator will be permitted no deduction from gross receipts with the exception of any direct use taxes which may be imposed in the future on a portion or all of his or her receipts. Such direct use taxes, whether the result of legislation passed by appropriate authorities creating new taxes or as the result of legislation expanding existing taxes, may be deducted by the operator from his or her gross receipts.
(c) The operator shall have the option of operating under a calendar year or fiscal year plan.
(Ord. 123-76. Passed 6-17-76.)