§ 114.066 PAYMENT FOR FRANCHISE.
   The grantee shall pay to the city within 30 days after the passage of the ordinance granting the franchise, as compensation for the franchise granted, a sum as shall be determined from time to time by resolution of the City Council or by state law, if applicable.
('64 Code, § 10-60) (Ord. 168, passed 2-9-61)