(a) Amount of Fee. After January 1, 2010, any State Video Franchise holder providing State Video Service in the City shall pay to the City a fee to support the ongoing costs of public, educational, and government access channel facilities and activities in the amount of one and one-fifteenth percent (1.15%)
1 of the State Video Franchise holder's annual Gross Revenues from providing State Video Services in the City.
(b) Payment of Fee.
(1) A State Video Franchise holder shall pay the fee due to the City in this Section on a quarterly basis. Each quarterly payment shall be made to the City Controller no later than forty-five (45) days after the end of the calendar quarter.
(2) A State Video Franchise holder shall include with the payment a statement of its Gross Revenues from providing State Video Services during the calendar quarter.
(c) Use of Fee.
(1) The City shall use the first one percent (1%) of the fee required under this Section to support public, educational, and government channel facilities.
(2) The City shall use any amounts over one percent (1%) of the fee required under this Section to support public, educational, and government channel facilities and activities.
(3) In the event that Federal or State law is amended to allow the use of these funds for the purpose of PEG operating expenses the City may use these fees accordingly.
(Added by Ord. 99-09, File No. 090287, App. 6/19/2009)
CODIFICATION NOTE