1988 ORD 0-28-88 - Laserfiche WebLink

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"The grantee of any franchise shall pay annually to the City during the life of the franchise a sum equal to four percent of the gross annual receipts of the Grantee derived from subscribers and uses within the City. Such payments will be made to the City treasurer." Section 11. Chapter 5.06.220(C) of the Colton Municipal Code is hereby amended to read as follows: "In the event any portion of unincorporated territory covered by an existing franchise or license granted by the County is annexed to the City after the Grantee thereof has commended or completed construction and installation of a CATV system within such territory, the rights reserved under the franchise or license to the County or to any officer thereof shall inure to the benefit of the City and all regulatory provisions of this Chapter and any other rules and regulations applicable to CATV Systems operating within the City, whether then in effect or subsequently adopted, shall be applicable to and binding upon the Grantee. In addition, the Grantee shall be obligated to pay annually to the City four percent of the gross receipts derived from its operations within annexed territory." PASSED, APPROVED, AND ADOPTED this 4th day of October, 1988. ATTEST: CITY CLERK of the City of MAYOR of the t Colton, California Colton, County San Bernardino, State of California STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss. CITY OF COLTON I, HELEN A. RAMOS , City Clerk of the City of Colton, California, hereby certify that Ordinance No. 0-28-88 having been regularly introduced at the meeting of October 4 , 1988, the reading in full thereof unanimously waived, and duly passed and adopted at said regular meeting; and said Ordinance was passed and adopted by the following stated vote, to wit: AYES: Councilmembers Cisneros, Garcia, Mayor Gonzales. NOES: None. ABSENT: Councilman Rehrer. ABSTAIN: Councilman Rios. and was thereafter on said date signed and approved by the Mayor of said City. -3-