<div class="chunk-title">Sec. 50-58. - Franchise fee.</div>
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            <p class="incr0">
               (a)
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            <p class="content1">
               On or before 30 days after each calendar quarter, a grantee under this division shall
               pay to the county a franchise fee of three percent of the grantee's gross revenues
               during the preceding calendar quarter from cable television operations within the
               franchise area; however, at the option of the county, the fee shall be increased to
               five percent at such times as the rules of the Federal Communications Commission permit.
               No other fee, charge or consideration, except ad valorem taxes, shall be imposed by
               the county.
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            <p class="incr0">
               (b)
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            <p class="content1">
               Within 30 days of the end of each calendar quarter during the franchise term, the
               grantee shall file within the county a statement of the grantee's gross revenues within
               the franchise area during the preceding quarter verified by the chief financial officer
               of the grantee and confirmed annually by an independent certified public accountant.
               Within 90 days after the expiration of each fiscal year of the grantee during the
               franchise term, the grantee shall file with the county an annual report showing the
               gross revenues from cable television operations within the franchise area during the
               fiscal year. The grantee will also submit to the county, promptly upon receipt, a
               copy each of every complaint (in each civil action) filed against it, and a copy each
               of all letters to and from the Federal Communications Commission and the Securities
               and Exchange Commission.
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            <p class="incr0">
               (c)
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            <p class="content1">
               If the grantee's franchise should be terminated or forfeited for any reason prior
               to the end of the term provided for in this division, the grantee shall immediately
               submit to the county a statement of the gross revenues from cable television operation
               during the time elapsed since the end of the last calendar year for which a franchise
               fee was paid to the county by the grantee. Not later than 30 days following the termination
               of the franchise, the grantee shall pay to the county three percent of such revenues,
               together with any other sums legally due and owing to the county.
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            <p class="incr0">
               (d)
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            <p class="content1">
               The county shall have the right to inspect the grantee's records from which the payments
               under this section are computed and shall have the right to audit and recompute the
               amount of such payments. Acceptance of payments by the county shall not be construed
               as a release, accord or satisfaction of any claim the county may have for further
               or additional sums payable under this section or for any other performance or obligations
               required of the grantee, unless such acceptance is so specified in writing.
               </p>
            		
            <p class="historynote0">
               (Code 1978, Â§ 6-124)
               </p></div>