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The Council for the Village of Mingo Junction, Ohio, hereby establishes a VSP Fee that is calculated by applying a VSP Fee Percentage of five percent (5%) to the video service provider’s gross revenues as defined in Section 1332.32(8) of the Video Law. For purposes of calculating the VSP Fee, the provider’s gross revenues shall include advertising revenues in accordance with Section 1332.23(B)(2) of the Video Law.
The VSP Fee shall be paid by each video service provider providing service in the Village on a quarterly basis not sooner than forty-five (45) days nor later than sixty (60) days after the end of each calendar quarter. ORC Section 1332.32(A).
The Village Administrator is authorized and directed to provide any video service provider with notice of the VSP Fee Percentage and gross revenues definition as determined by this Council above, which notice shall be given by certified mail, upon receipt of notice from such video service provider that it will begin providing video service in the Village pursuant to a state-issued video service authorization.
(Ord. 2010-11. Passed 8-24-10.)