(A) Franchise fee. For the franchise granted herein, the provider shall pay to the city a franchise fee of 6% of its gross revenues, less any business license fee or business license tax enacted by the city. All payments shall be made to the city, and sent as follows, unless the provider is otherwise notified of a change in address in writing by the city.
(B) Up-front franchise fee. Upon granting of this franchise, the provider shall pay a $2,500 up-front franchise fee. The provider may offset the franchise fee paid to the city pursuant to division (A) above, up to the amount of the up-front franchise fee paid to the city.
(C) Equal treatment. The city agrees that if any service forming part of the base for calculating the franchise fee under this agreement is, or becomes, subject to competition from a third party, the city will either impose and collect from such third party a fee or tax on gross revenues from such competing service in the same percentage specified herein, plus the percentage specified as a utility revenue tax or license fee in the then-current ordinances of the city, or waive collection of the fees provided for herein that are subject to such competition.
(Prior Code, § 13.11.020) (Ord. 13-98, passed 5-20-1998)