§ 10. PAYMENTS TO THE CITY.

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Grantee shall pay five percent (5%) of gross revenue from basic and extended basic TV subscriber services to city as a permit fee for the use of the streets and other facilities of the city in the operation of the CATV system and in lieu of occupation or license taxes, grantee shall keep true and accurate books and records relating to its operation of the CATV system. During the term of this permit, the city, through its designated representative, may upon reasonable notice within grantee's regular business hours, inspect and make copies of such portions of the books and records as relate to subscribers to basic and enhanced CATV services, in order to determine the accuracy of any and all of grantee's statements and payments rendered pursuant to this permit, provided, however, the provision of such records will not violate the privacy provisions of the Telecommunications Act of 1934 as amended.

(Res. No. 11-01, § 10, 1-11-2011)

                    
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