The company shall pay to the Municipality 3% of the gross proceeds received from all revenues collected by the company from inhabitants of the Municipality including but not limited to charges for premium channels, installations, and other auxiliary services, so long as the company owns or utilizes facilities in the streets in the Municipality. Payments shall be made on an annual basis, shall be accompanied by a detailed statement of the gross revenues collected from within the Municipality and shall be made on such other terms and conditions as shall be reasonably determined by the Municipal Administrator. The Municipal Administrator shall have the right to cause an audit by the Municipality or by an independent agency with regard to the gross proceeds.
(1980 Code 122.25; Ord. 10-81.)
(1980 Code 122.25; Ord. 10-81.)