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A. A PEG access support fee is hereby imposed on any holder providing cable service or video service in the village.
B. The PEG access support fee shall be one percent (1%) of gross revenues, unless cable operators pay a higher percentage of gross revenues to the village or its designee for PEG access support in the village's jurisdiction, in which case the PEG access support fee shall be such higher percentage.
C. The PEG access support fee shall be due on a quarterly basis and paid forty five (45) days after the close of the calendar quarter. Each payment shall include a statement explaining the basis for the calculation of fees. If mailed, the fee is considered paid on the date it is postmarked. Each payment shall include a statement explaining the basis for the calculation of the fee.
D. An incumbent cable operator that elects to terminate an existing agreement pursuant to section 21-301(c) of the act, shall pay, at the time they would have been due, all monetary payments for PEG access that would have been due during the remaining term of the agreement had it not been terminated pursuant to that section. All payments made by an incumbent cable operator pursuant to the previous sentence may be credited against the fees that that operator owes pursuant to this section. (Ord. 08-2-1, 2-5-2008)