Laserfiche WebLink
A <br /> © ORDINANCE NO. <br /> a ��3 <br /> AN ORDINANCE PROVIDING FOR THE CONTINUATION, AT AN <br /> INCREASED RATE, THE CURRENT FEE IMPOSED UPON COX <br /> COMMUNICATION; THAT THE CITY SHALL RECEIVE AN ANNUAL <br /> FEE, IN QUARTERLY INSTALLMENTS FOR THE YEAR 2003, AND <br /> FUTURE YEARS FROM THE CABLE COMPANY; REPEALING ALL <br /> ORDINANCES AND AGREEMENTS IN CONFLICT HEREWITH; <br /> DECLARING AN EMERGENCY; AND FOR OTHER PURPOSES: <br /> WHEREAS, the Cox Communications Cable Company (hereinafter called <br /> the "Cable Company") is duly authorized by franchise ordinance to operate a <br /> cable distribution system and to render cable service to the City of Batesville, <br /> Arkansas, and to the citizens thereof, and, <br /> WHEREAS, said Cable Company is now occupying the streets and alleys <br /> of said Municipality for the purpose of supplying cable service to said Municipality <br /> and its citizens, and, <br /> WHEREAS, the Municipality is entitled to receive such just and <br /> reasonable fee for the Cable Company which the Municipality may lawfully <br /> impose, and, <br /> WHEREAS, it is the intent of the City to standardize the rate paid to the <br /> City among major franchised utilities, <br /> NOW THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF <br /> BATESVILLE, ARKANSAS: <br /> SECTION 1. The Cable Company shall pay to the City an annual sum in <br /> the amount of 3.00% of revenues collected from residential, commercial and <br /> industrial customers within the corporate limits of Batesville, Arkansas. Said fee <br /> shall be paid quarterly, on or before January 15, April 15, July 15, and October <br /> 15, and in accordance with the rules and regulations of the Federal <br /> Communication Commission. For the purpose of clarification, the first payment <br /> under the terns of This ordinance shall be due and payable on or before July 15, <br /> 2003. <br /> Q <br />