(A) Fee Imposed.  A fee is here­by imposed on any hold­er pro­vid­ing cable ser­vice or video ser­vice in the County.

(B) Amount of Fee.  The amount of the fee imposed here­by shall be five per­cent (5%) of the holder’s gross revenues.

(C) Notice to the Coun­ty.  The hold­er shall noti­fy the Coun­ty at least ten (10) days pri­or to the date on which the hold­er begins to offer cable ser­vice or video ser­vice in the County.

(D) Holder’s Lia­bil­i­ty.  The hold­er shall be liable for and pay the ser­vice provider fee to the Coun­ty.  The holder’s lia­bil­i­ty for the fee shall com­mence on the first day of the cal­en­dar month fol­low­ing thir­ty (30) days after receipt of the ordi­nance adopt­ing this Arti­cle by the hold­er.  The ordi­nance adopt­ing this Arti­cle shall be sent by mail, postage pre­paid, to the address list­ed on the holder’s appli­ca­tion notice sent pur­suant to 220 ILCS 5/21–401(b)(6) to the County.

(E) Pay­ment Date.  The pay­ment of the ser­vice provider fee shall be due on a quar­ter­ly basis, forty-five (45) days after the close of the cal­en­dar quar­ter.  If mailed, the fee is con­sid­ered paid on the date it is post­marked.  Each pay­ment shall include a state­ment explain­ing the basis for the cal­cu­la­tion of the fee.

(F) Exemp­tion.  The fee here­by imposed does not apply to exist­ing cable ser­vice or video ser­vice providers that have an exist­ing fran­chise agree­ment with the Coun­ty in which a fee is paid.

(G) Cred­it for Oth­er Pay­ments.  An incum­bent cable oper­a­tor that elects to ter­mi­nate an exist­ing agree­ment pur­suant to 220 ILCS 5/21–301(c) with cred­it to pre­paid fran­chise fees under that agree­ment may deduct the amount of such cred­it from the fees that oper­a­tor owes under Sec­tion 116.02(b).