(a) Council hereby establishes a VSP fee that is calculated by applying a VSP Fee Percentage of three percent (3%) to the video service provider’s gross revenue as defined in Ohio R.C. 1332.32(B). All video service providers and cable television operators providing video service in the Village shall apply the VSP Fee Percentage against gross revenues as defined in the Ohio Revised Code.
(b) The VSP Fee shall be paid by each video service provider in the Village on a quarterly basis but not sooner than forty-five (45) days nor later than sixty (60) days after the end of each calendar quarter.
(c) The Mayor is hereby authorized to provide written notice to the video service provider of the VSP Fee Percentage as determined by this Council which notice shall be given by certified mail. Upon receipt of such notice, the video service provider shall begin providing video service in the Village pursuant to a state issued video service authorization.
(Ord. 12-1070. Passed 7-2-12.)
CODIFIED ORDINANCES OF RUSSELLS POINT