(A) Any state video franchise holder operating within the boundaries of the city shall pay to the city a fee equal to 5% of the gross revenue of that state video franchise holder.
(B) Any state video franchise holder operating within the boundaries of the city shall also pay the city a fee equal to 1% of the gross revenue of that state video franchise holder. This fee shall be used by the city only for public, educational, and/or governmental (PEG) purposes consistent with state and federal law, which currently require the city to use such fees for capital costs.
(C) In addition, any state franchisee that has held a locally issued franchise agreement shall, consistent with California Public Utilities Code § 5870, continue to fully provide and support PEG channel facilities and institutional networks, and to provide cable services to community buildings, to the maximum extent permitted by law.
(D) Gross revenue, for the purposes of divisions (A) and (B) above, shall have the definition set forth in California Public Utilities Code § 5860.
(Ord. 984, passed 1-15-08)