§ 4.40.280. Franchise fees—Report of revenue/payment

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Within three months of the end of the initial franchise accounting period as established by the resolution offering franchise and annually thereafter, the operator shall file with the city clerk a written statement signed under penalty of perjury or audited financial statement setting forth the sources and amount of gross revenue received by the operator during the period covered by the statement. At the same time the operator shall pay to the city the franchise fee as determined by said statement.

(Ord. No. 286)

                    
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