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(a) Subject to Ohio R.C. 1332.32 taking effect, in accordance with the requirements of Ohio R.C. 1332.32, all video service providers providing video service in the City pursuant to a video service authorization obtained from the Director of the Ohio Department of Commerce shall pay Video Service Provider Fees (“VSP Fees”) in the amount of five percent (5%) of gross revenues received from providing video service in the City, which gross revenue base shall include advertising revenues. The VSP Fee shall be paid quarterly, not sooner than forty-five (45) days nor later than sixty (60) days after the end of each calendar quarter. During any quarter there is an effective franchise agreement, the VSP Fee shall be the same percentage as the franchise agreement.
(b) The Director of Public Service is hereby authorized and directed, upon receipt of notice from a video service provider that it will begin providing video service in the City pursuant to a state-issued video service authorization, to provide such video service provider with notice of the VSP Fee as determined by this Council above, which notice may be given by overnight (return receipt), certified mail, or other manner of delivery, no later than ten days from receipt of the provider’s notice.
(Ord. 107-2007. Passed 9-27-07.)