(a) In accordance with the requirement of R.C. 1332.32, and subject ot its taking effect, all video service providers providing video service in the village 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 village, which gross revenue base shall include advertising revenues as permitted and defined by R.C. 1332.32(B)(2)(g). 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.
(b) The Mayor is hereby authorized and directed, upon receipt of notice from a video service provider that it will begin providing video service in the village pursuant to a state-issued video service authorization, to provide such video service provider with notice of the VSP Fee ass determined by this Council in division (a) above, which notice shall be delivered in a manner that provides proof of timely delivery or such other manner as may be practicable.
(Ord. 2008-1-2. Passed 1-8-08.)