HomeMy WebLinkAbout2077 Amending the City Code Related to the Cable Television Franchise Fee Amount BILL NO: 2025-038 ORDINANCE NO: 2077
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:
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 4% of its gross revenues, provided however, that starting
August 28, 2025, the rate will be 3.5%; starting August 28, 2026, the rate will be 3%; and starting
August 28,2027,the rate will be 2.5%.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 Board of Aldermen and APPROVED by the Mayor of the City
of Riverside this 6th day of May 2025.
•
Mayor Kathleen L. Rose
ATTEST:
Robin Kincaid, City Clerk
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