A. When Franchise Agreement: Any company paying Franchise Taxes to the City shall not be required to pay additional annual fees for encroachments within the parameters of the franchise agreement.
B. Outside Franchise Agreements: Encroachments by such companies outside of franchise agreements shall be handled in separate written agreements and shall be subject to:
1. The provisions of section 57-8-4 of this chapter; or
2. Fees based on a percentage of gross receipts. (2019 Compilation)