The operator, for the privilege of holding a permit to operate a cable television system in the Village of Marble Cliff, which entitles it to offer its service or services, and to install distribution and transmission facilities in, under and over the streets, highways and other public rights-of-way of the Village, subject to the overall provisions of this ordinance and any other applicable Village ordinance, which have been conceived for the protection of the Village and its citizens, shall make payments to the village as follows:
(A) The operator, each year, shall pay 3% of all gross revenues derived from the operation of the cable television system to the Village. Council, by majority vote, may increase or decrease such permit fees, but such change shall apply to all operators and shall not go into effect until 90 days after written notice is provided to the operator. Such permit fee shall not exceed 5% of gross revenues.
(B) “Gross revenues derived from the operation of the cable television system” means compensation, whatever form, exchange, or otherwise, received by the operator from subscribers for the provision of cable service over the system within the Village defined as basic service monthly fees; premium television channels and pay-per-view fees, installation and reconnection fees; and converter rentals. This term includes leased channel fees and interest on subscriber deposits (unless returned to the subscribed). This term does not include any sales, excise or other taxes or fees collected by the operator on behalf of any state, city or other governmental unit, and shall be net of bad debt, refunds to subscribers and copyright fees.
(C) The operator shall have the option of operating under a calendar year or fiscal year plan.
(Ord. 0-1621-97, § 723.01, passed 7-21-97)