HomeMy WebLinkAbout77-2048 ordOrdinance No. 77-2048
AN ORDINANCE AMENDING SECTION 14 OF ORDINANCE NO. 795 OF THE CITY OF PLAINVIEW
AS SUBSEQUENTLY AMENDED BY ORDINANCES OF THE CIl~f OF PLAINVIEW, SO AS TO
PROVIDE THAT THERE SHALL BE PAID TO THE CITY EACH YEAR DURING THE LIFE OF THE
PRIVILEGE AND ALL RENEWALS THEREOF, AN A~qqUAL PAYMENT CONSISTING OF A SUM OF
MONEY EQUAL TO THREE PER CENT OF THE ANNUAL GROSS RECEIPTS RECEIVED BY THE
GRANTEE, FOR THE RENDITION OF TELEVISION SIGNAL SERVICE WITHIN THE CITY OF
PLAINVI~.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF PLAINVIEW:
SECTION 1: Section 14 of Ordinance No. 795 of the City of Plainview as
subsequently amended by ordinances passed by the City of Plainview is hereby
amended so as to hereafter read as follows:
"SECTION 14: As compensation for the rights and
privileges herein conferred, Grantee. shall pay to the
City each year during the life of this privilege, an
annual payment consisting of a sum of money equal to
three per cent (3%) of the annual gross receipts
received by the Grantee for the rendition of television
signal service within the City of Plainview. Said
payment shall be due and payable on the 1st day of
February of each year for the preceding calendar year,
and such payment shall be exclusive of and in addition
to ali. ad valorem taxes and special assessments for
municipal improvements. Concurrent with such payment,
the Grantee shall render in writing to the City a
full, true and complete statement of its gross receipts
during the calendar year involved."
SECTION 2: The Teleservice Corporation of America, the present owner and
holder of said franchise and permit shall have thirty (30) days after final
passage of this ordinance in which to file its written acceptance thereon with
the governing body of the City of Plainview, and[ upon such acceptance being
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filed, this Ordinance shall take effect and be in force from and after the
date of its passage and shall effectuate and make binding the agreement herein
contained.
: PASSED and APPROVED this ~.~ ~day of ~ ,
A. D. 1977.
ATTE S T:
M. L. Re~, ~it'y Clerk
City of Plainview
City of Plainview
The above and foregoing amendment to Ordinance No. 795 is hereby accepted
and agreed to by the undersigned.
/
EXECUTED this the / ~T day of ~ , A.D. 1977.
TELESERVICE COP~PORATION OF AMERICA
~ATTEST':
Secretary