HomeMy WebLinkAbout1957 Amending the City Code related to the Cable Television Franchise Fee Amount BILL NO: 2023-066 ORDINANCE NO: '?� "
AN ORDINANCE AMENDING THE CITY CODE RELATED TO THE CABLE
TELEVISION FRANCHISE FEE AMOUNT.
BE IT ORDAINED BY THE BOARD OF ALDERMEN FOR THE CITY OF RIVERSIDE,
MISSOURI, as follows:
SECTION 1-ADOPTION OF AMENDMENT. Section 625.260.A of the City Code of the City
of Riverside, Missouri is hereby amended to read as follows (text to be added is underlined; text to
be deleted contains a stril ough):
Use Of Streets/Cost Of Regulation. In consideration of the rights,powers,privileges,permission and
authority granted to an operator for use of the City's streets and other public property, an operator
shall pay to the City an amount equal to five-perce- %) four and one-half percent (4.5%) of
its gross revenues. This amount represents compensation for the use of the streets and other public
property by an operator. Notwithstanding the foregoing, if an operator is providing additional
services over the system in the City, and another person is providing those additional services over
the system in the City using public property and is the dominant provider of those additional
services in the City, then with respect to those additional services the operator shall pay a franchise
fee in an amount equal to the franchise fee paid by dominant provider with respect to those
additional services.
SECTION 2 - EFFECTIVE DATE. This ordinance shall be in full force and effect from and
after the date of its passage and approval.
BE IT REMEMBERED that the above was read two times by heading only, PASSED AND
APPROVED by a majority of the Bo rd of Aldermen and APPROVED by the Mayor of the
City of Riverside this 7t' day of 2023.
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Mayor Kathleen L. Rose
-Y -t s,
ATTEST:
Robin Kincaid;. ity''Clerk�
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