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