§ 119.02  CABLE/VIDEO SERVICE PROVIDER FEE IMPOSED.
   (A)   Fee imposed. A fee is hereby imposed on any holder providing cable service or video service in the city.
   (B)   Amount of fee. The amount of the fee imposed hereby shall be 5% of the holder's gross revenues.
   (C)   Notice to the city. The holder shall notify the city at least ten days prior to the date on which the holder begins to offer cable service or video service in the city.
   (D)   Holder's liability. The holder shall be liable for and pay the service provider fee to the city. The holder's liability for the fee shall commence on the fust day of the calendar month following 30 days after receipt of the ordinance adopting this chapter by the holder. The ordinance adopting this chapter shall be sent by mail, postage prepaid, to the address listed on the holder's application notice sent pursuant to Ch. 220 ILCS 5/21-401(b)(6) to the city.
   (E)   Payment date. The payment of the service provider fee shall be due annually and payable 90 days after the close of the preceding calendar year. If mailed, the fee is considered paid on the date it is postmarked. Each payment shall be accompanied by a brief report prepared by a representative of the grantee showing the basis for the computation.
   (F)   Exemption. The fee hereby imposed does not apply to existing cable service or video service (gw) providers that have an existing franchise agreement with the city in which a fee is paid.
   (G)   Credit for other payments. An incumbent cable operator that elects to terminate an existing agreement pursuant to Ch. 220 ILCS 5/21-301(c) with credit for prepaid franchise fees under that agreement may deduct the amount of such credit from the fees that operator owes under division (B) of this section.
(Ord. 2017-5393, passed 2-7-2017)