(A) The Council hereby establishes a VSP fee that is calculated by applying a VSP fee percentage of 3% to the video service provider's gross revenues as defined in R.C. § 1332.32(B) of the Video Law. The VSP fee percentage and Video Law gross revenues definition, as modified in this chapter, shall apply equally to all video service provider's and cable television operators providing video service in the Village.
(B) The VSP fee shall be paid by each video service provider providing service in the village on a quarterly basis, but not sooner than 45 days nor later than 60 days after the end of the each calendar quarter. R.C. § 1332.32(A).
(C) The Mayor is authorized and directed to provide any video service provider with notice of the VSP fee percentage and gross revenues definition as determined by 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. 05-2012, passed 6-4-12)