<div class="chunk-title">Sec. 25-60. - Franchise fee.</div>
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            <p class="incr0">
               (a)
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               The administration of this chapter or the franchise agreement imposes upon the county
               additional regulatory responsibility and expense, and in consideration of permission
               to use the rights-of-way of the county for the construction, operation and maintenance,
               of a cable system within the county, a grantee of any franchise hereunder shall pay
               to the county a franchise fee in an amount as designated in the franchise agreement,
               up to the maximum amount allowed by applicable law. To the extent that applicable
               law changes the maximum authorized franchise fee, the county reserves the right to
               change the franchise fee as stated in the franchise agreement, by adopting an ordinance
               establishing the new franchise fee rate and allowing reasonable notice to the grantee
               for administration of the change. The county shall hold a public hearing prior to
               adopting any change in the franchise fee.
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               (b)
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               Payments due grantor under this section shall be computed quarterly, for the preceding
               quarter. Each quarterly payment shall be due and payable no later than 30 days after
               the end of the preceding quarter. Each payment shall be accompanied by a brief report
               by a grantee showing the basis for the computation and a "Franchise Fee Worksheet"
               listing all of the sources of revenues attributable to the operation of grantee's
               system in the county. All such payments shall be certified as correct by an officer
               of the grantee.
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               (c)
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               No acceptance of any payment shall be construed as an accord that the amount paid
               is in fact the correct amount, nor shall such acceptance of payment be construed as
               a release of any claim grantor may have for further sums payable under the provisions
               of this chapter or a franchise agreement. All amounts paid shall be subject to audit
               and re-computation by grantor or its designee at any time during any calendar year
               (but not more than once per calendar year) upon 20 calendar day's notice, which shall
               include a request for any documents sought to be reviewed. Audits shall be at the
               expense of the grantee if the additional amount due is greater than two percent of
               the amount paid. Any additional amount due to the county as a result of the audit
               shall be paid within 60 days following written notice to the grantee by the county
               which notice shall include a copy of the audit report. Grantor's right to audit and
               grantee's obligation to retain records related to the franchise fee audit shall expire
               three years from the date on which the most recent franchise fee payment by the grantee
               was due from the time of written notice of request of audit.
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               (d)
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               In the event that any franchise payment or recomputed amount is not made on or before
               the dates specified herein, grantee shall pay as additional compensation an interest
               charge, computed from such due date, at the annual rate equal to the commercial prime
               interest rate of the county's primary depository bank during the period that such
               unpaid amount is owed.
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            <p class="historynote0">
               (Ord. of 9-6-05, Â§ 1; Amend. of 10-3-05, Â§ 4)
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