The grant of an initial franchise or a renewed franchise may be subject to a franchise acceptance fee in an amount not to exceed the city's out-of-pocket costs in considering the application, less the amount of the filing fee. Within 30 calendar days of the date of the resolution approving the franchise agreement, the city must notify the approved applicant of the amount of any franchise acceptance fee and its method of calculation. If the franchise acceptance fee is not paid within 60 calendar days of the date of the Council resolution approving the franchise agreement, the grant will be null and void. Prior to the franchise becoming effective, the approved applicant must demonstrate compliance with the surety, insurance, and similar provisions of the franchise agreement.
(Ord. 96-9, passed 2-26-1996)