(A) Those city owned and/or operated entities or city departments charged with the responsibility of operating a public utility (as defined in this subchapter) shall pay a fee to the city for the privilege of operating within city-owned rights-of-way measured by a percentage of the gross revenues received by the public utility for each quarter-year period of operation. The percentage for each public utility shall be set forth in a separate resolution adopted by the City Council.
(B) The utility shall compute the fee by multiplying the applicable percentage by the gross revenues received during the preceding quarter. The resultant fee shall be paid to the City Manager on the following basis:
(1) On or before May 15, the fee for the period extending from January 1 through March 31, inclusive, of the same calendar year;
(2) On or before August 15, the fee for the period extending from April 1 through June 30, inclusive, of the same calendar year;
(3) On or before November 15, the fee for the period extending from July 1 through September 30, inclusive, of the same calendar year; and
(4) On or before February 15, the fee for the period extending from October 1 through December 31, inclusive, of the preceding calendar year.
(C) All such payments shall be subject to the deductions set forth in § 50.42 of this chapter.
(Prior Code, § 9.25.015)