(A) Fran­chise Fee.  A Fran­chisee shall pay the Coun­ty a Fran­chise Fee of five per­cent (5%) of Gross Rev­enues.  In accor­dance fed­er­al law, the twelve (12) monthperi­od applic­a­ble under the Fran­chise for the com­pu­ta­tion of such Fran­chise Fee shall be a cal­en­dar year.  Pay­ment of the Fran­chise Fee shall be due annu­al­ly and payable with­in nine­ty (90) days after the close of the cal­en­dar year.  Each annu­al pay­ment shall be accom­pa­nied by a report from the Fran­chisee show­ing the basis for the com­pu­ta­tion of the Fran­chisee Fee payable for the applic­a­ble cal­en­dar year.

(B) Reg­u­la­tion of Rates.  The Coun­ty may reg­u­late rates for the pro­vi­sion of Cable Ser­vice to the extent per­mit­ted by fed­er­al law.

(See 55 ILCS 5/5–1095 and 1096)

(Ord. No. 2010–2; 03–01–10)