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511/90.1(ORD1)Legal/Vk/TP ORDINANCE N0. 90-8 AN ORDINANCE OF INDIAN RIVER COUNTY, FLORIDA, AMENDING ORDINANCE NO. 82-7, WHICH PROVIDED FOR THE LICENSING OF CABLE TELEVISION COMPANIES OPERATING IN THE UNINCORPORATED PORTION. OF INDIAN RIVER COUNTY;, PROVIDING FOR AN INCREASE IN THE PERCENT OF GROSS REVENUE LICENSEE SHALL PAY TO COUNTY FROM 3% to 5%; CHANGING THE TIME WHEN THE PAYMENT SHALL BE MADE FROM - ---OA TO 3-0 -0AY-S-;—EXTE-ND NG—THE T-1,ME—THE LICENSE SHALL RUN FROM 20 TO 28 YEARS; AND PROVIDING FOR AN EFFECTIVE DATE, BE IT ORDAINED by Indian River County, acting throuqh its Board of County Commissioners, that: follows: SECTION 1. CHANGE OF PAYMENT TO COUNTY Section 11 of Ordinance No. 82-7, which reads as "Section 11. Payment to County: Use Thereof The licensee shall pay to the County three. (3 percent of gross revenue, as defined in this ordinance, per fiscal period as a license fee for its CATV system, The payments shall be made within ninety (90) days of the close of th l rc-ems-ee s fi-scal peri-od and s -ha l-1 be sL rnI t -ted together with the audit report required by Section 13 of this ordinance," shall be amended to read: "Section 11. Payment to County: Use Thereof The licensee shall pay to the County five percent (5%) of gross revenue as defined in this ordinance or the maximum percentage amount allowed by law as a license fee for its CATV system, after a public hearing. The payments shall be made within thirty (30) days of the close of each quarter." SECTION 2. CHANGE IN TIME PERIOD OF LICENSE Section 3 of Ordinance No. 82-7 shall be changed by increasing the perm sib1e ticeTrse parr-od-rum years, so that the section will read as follows with the new language underlined and, the language to be deleted inter- Iineated: SmeadSoft Reprint Date: Wednesday, August 14, 2013 - 15:51:37 - OfficialDocuments:658, Attachment Id 0, Page 1