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HomeMy WebLinkAbout1980-35 - Ragulation and Taxing of Cable T.V. Facilities((M,'~,~ Z~` ORDINANCE N0. ~_ n r t . AT(1 /~l J" 3J AN ORDIYANOFERIVERSIDENGMISSOURIING CABLE T.V. FACILITIES WITHIN THE CIT BE IT ORDAINED BY THE BOARD OF ALDERMEN OF THE CITY OF RIVERSIDE, MISSOURI, AS FOLLOWS: Section 1. Every cable t.v. company, corporation, association, p y artnership and person, lessee, trustee or joint stock com an p o erating, receiver appointed by any Court whatsoever owning, P managing, leasing, or controlling a cable t.v. service, shall, in addition to all other taxes, payments or requirements, now or hereafter required by law or city ordinances, pay to the City as a license fee a sum equal to three percent (3~) of the licensee's gross receipts. Section 2. The licenseeofseach yearl'make ahreportrtorthest and August 1st respectivelyof its gross receipts for the six governing body of the City month period preceding December 31st and Junea30~ho thepCityVe y and at the time of making such report shall P y ross receipts Treasury the aforesaid license fee based on the g udice so reported. The accepoa~ollectsany additionalnfeepthereafter the right of the City a a sum found to be~due. In the eventross receipts forlany period greater than is due upon it~ogdetermine accurately the amount by reason of its inability properly due, the licensee sment deductlsuch overpayment and determination of the overpay ainst the amount of the license receive a credit therefrom ag eriod or periods following fee due for the next succeeding ment. the determination of the overp y resentative Section 3. The City by its duly authorized rep laces during shall have the right at all reasonable times an p ection of the business hours to make such examination and insp be necessary to determine the books of such licensee ortmayThe City shall have the right at correctness of such rep its own uaptnof theebooks,trecords and accountswof theebusiness annual a the licensee's of the licensee, to audit, at the same time, accounts and records and certify as to the correctness o any the licensee to the City. The City payments due and payable by may at its option employ independent accountants to insp4ct the books, records and accounts of the licensee. Section 4. For each month or part thereof, any such license fee remains unpaid, after the same becomes due and payable, there shall be added to such license fee as a penalty for such delayed payment ten percent (10$) of the amount of such license fee for the first month or part thereof, the same is unpaid, and for each and every month thereafter two percent (2$) of -- the amount of such license fee until the same is fully paid. Section 5. Each licensee subject to the provisions of this ordinance shall commence computation of the license fee on the date it first receives any gross receipts from the City of Riverside. Section 6. By passing this ordinance the City does not warrant that any cable t.v. company has any right to operate or conduct business within the City of Riverside. Section 7. This ordinance •s hall be designated Section 12.19 in the Code of the. City. of Riverside. PASSED THIS 18f,~, DAY OF 1980. ~~ ~,/~! v~2~-~~-z_- ATTEST: r CITY Q'LERK APPROVED THIS ~~ DAY OF y]~f' , 1980. ~~~~ MAY R ~' A~.,%