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89-F-29 Revise Franchise Fees , < ORDINANCE NO. g'9-F- d'7 AN ORDINANCE BY THE CITY COUNCIL OF THE CITY OF SCHERTZ, TEXAS, AMENDING SECTION 8 (b) & (c) OF ORDINANCE NO. 78-F-15 TO REVISE THE FRANCHISE FEE PAID BY KBLCOM INC. FROM THREE PERCENT (3%) TO FIVE PERCENT (5%) WHEREAS, the original franchise fee was established in September of 1978 and has never been revised; and WHEREAS, the City of Schertz has the authority to increase the franchise fee to a maximum of 5% as compensation for the use of the streets and other public facilities of the City. NOW THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF SCHERTZ, TEXAS: SECTION I. THAT Section 8, paragraphs band c of Ordinance No. 78-F-15 are changed to read as follows: "b. As compensation for the use of the streets and other public facilities of the FRANCHISOR in the construction, operation and maintenance of the Cable Television system and for the FRANCHISOR'S superVlSlon and administration thereof, the FRANCHISEE shall pay to the City, quarterly, an amount equal to five percent (5%) of the quarterly gross revenues for service within the FRANCHISEE'S franchise area received by it during the preceed- ing three (3) months. c. In the event that it is determined that the FCC lacks the jurisdiction to impose the five percent (5%) limitation of franchise fees, or that the limit is raised, then the franchise fee shall be subject to renegotiation." SECTION II. THAT all other provisions of Ordinance No. 78-F-15 remain in force and unchanged. SECTION III. THAT this ordinance shall be effective in the first day of January, 1990. Approved on first reading the ~1~day of CJr~ , 1989. PASSED, APPROVED AND ADOPTED this the 1989. 1'7 day of O~ ATTEST: