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HomeMy WebLinkAboutOrdinance 1515 N.C.S. 05/17/1982. ,' ~~~ECT'I~g DAT'~ 0~~ 0~~~~~~A~CE JU~V ~ ~ ~~~~ M~~° 3 1982 ~ ~ ORDINANCE NO. 1515 N.C.S. INTRODUCED BY COUNCILMAN G. Roland Bond SECONDED BY COUNCILMAN Albert Battaglia AN ORDINANCE AMENDING SECTION 14.40.060 OF CHAPTER 14.40 OF THE PETALUMA MUNICIPAL CODE PROVIDING FOR FRANCHISE PAYMENTS FOR COMMUNITY ANTENNA TELEVISION SYSTEMS. BE IT ORDAII3ED BY THE COUNCIL OF THE CITY OF PETALUMA AS FOLLOWS: Section 1. Section 14.40,060 of Chapter 14.40 of the Petaluma Municipal Code is hereby amended to read as follows: "14.40.060. Franchise payments. Any grantee granted a franchise under this chapter shall pay to the City, during the life of such franchise and at the times hereinafter specified, a sum equal to three percent of the monthly total gross receipts of the grantee. Such payment by the grantee to the City shall constitute a fee in lieu of any occupation tax, license tax or similar levy and shall be paid monthly or as directed by the City. The grantee shall file with the City, within thirty days after the expiration of any calendar year during which such franchise is in force, a financial statement prepared by a certified public accountant showing in detail the total gross receipts, as defined herein, of the grantee, its successors or assigns during the preceding calendar year. It shall be the duty of grantee to pay to the City within fifteen days after the time for filing such statements, any unpaid balance for the calendar year covered by such statements. In any year, or portion thereof, commencing with the beginning of the third year following the effective date of such franchise, during which payments under this section amount to less than one hundred dollars per month, the grantee agrees to pay the City the minimum amount of one hundred dollars per month The City shall have the right of inspection of the grantee's records showing its gross receipts." Ord. 1515 NCS Page 1 of 2 . ~ Section 2. The City Clerk is hereby directed to post,~~~~a this ordinance for the period and in the manner required by the City Charter. INTRODUCED and ordered postedfp~d~d1~C this 3'rc~ay of Mdy ,1982. ABSENT: BALSHAW ADOPTED this 17 day of MAY ,1982, by the following vote: AYES: PERRY, HARBERSON, BOND, BATTAGLIA, VICE MAYOR CAVANAGN, MAYOR MATTEI NOES: NONE " ~ Mayor At est Cit Approv as to . ttor ey Ord. 1515 NCS Page 2 of 2