The inclusion within a municipality by reason of incorporation, annexation or other proceedings of territory lying within the licensed area of a license issued under this chapter shall not operate to divest the licensee of any authority granted by the license within the newly included territory. The terms and conditions of the license shall inure to the benefit of and bind the municipality as to any such newly included territory. The terms and conditions of the license shall continue to inure to the benefit of and bind the County as to any remaining unincorporated territory. The County and any such municipality may act independently in the exercise of any authority granted or in the claim of any benefits derived from the license. License fees based upon subscriber revenues shall be apportioned between the County and the municipality in accordance with the derivation of the subscriber revenue from either incorporated or unincorporated territory. License fees based upon other revenues shall be allocated between the County and the municipality in the same proportion as fees based upon subscriber revenue are allocated. (§ 1, Ord. 1095, eff. July 27, 1989)