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HomeMy WebLinkAbout2003-10-04 ORDINANCE NUMBER 2003-10-4 AN ORDINANCE PROVIDING FOR AN INCREASE IN FRANCHISE FEES IMPOSED UPON COX COMMUNICATIONS WITHIN THE CITY OF BATESVILLE, ARKANSAS, AND REPEALING ORDINANCE NUMBER 2003-2-1 WHEREAS, pursuant to Ordinance Number 2003-10-3 granting a five (5) year extension to Cox Communications for a cable TV non-exclusive franchise; and WHEREAS, the City of Batesville now imposes a revised fee schedule in the best interest of all parties. Section 1. TCA Cable Partners, d/b/a Cox Communications shall pay to the City of Batesville on a quarterly basis, effective January 1, 2004 the amount of 3.00% of revenues collected from residential, commercial and industrial customers within the City of Batesville, Arkansas. Said fee will be paid to the city by the 20'h of each month following each quarter. For clarification, the first payment under this ordinance shall be payable by April 20, 2004. Section 2. The City of Batesville shall have the right to increase the franchise fee on gross subscription receipts up to the maximum permitted by law during the term of this agreement provided however, that Grantee is given a minimum of thirty(30)days advance notification in writing. Section 3. Ordinance 2003-2-1 is hereby repealed and the city clerk shall mark Ordinance Number 2003-2-1 to show it repealed. Section 4. Except as amended, the franchise shall remain in fidl force and effect subject to Federal, state and local law and is hereby ratified and confirmed in all respects. Section 5. All other ordinances and parts of agreements in conflict with provisions of this ordinance are hereby repealed. PASSED AND APPROVED THIS o +�DAY OF OCTOBER 2003. L �oeM. Biard, Mayor City of Batesville ATTEST: Denise M. Johnson, CAy Clerk City of Batesville 7 O: chard Hook, Vice President and General Manager TCA Cable Partners