Compensation to the City. a. A one-time permit and license fee of $1,000.00 for each DAS Facility installed within the Public Right of Way of the City shall be paid by IdeaTek. b. Franchise compensation shall be paid on a quarterly basis paid not later than forty-five (45) days after the end of the remittal period equal to five percent (5%) of Gross Receipts.
Appears in 1 contract
Samples: Franchise Agreement
Compensation to the City. a. A one-time permit and license fee of $1,000.00 for each DAS Facility installed within the Public Right of Way of the City shall be paid by IdeaTek.
b. Franchise compensation shall be paid on a quarterly basis paid not later than forty-forty- five (45) days after the end of the remittal period equal to five percent (5%) of Gross Receipts.
Appears in 1 contract
Samples: Franchise Agreement
Compensation to the City. a. A one-time onetime permit and license fee of $1,000.00 for each DAS Facility installed within the Public Right of Way of the City shall be paid by IdeaTek.
b. Any other compensation made pursuant to this Contract Franchise compensation ordinance shall be paid on a quarterly basis paid not later than forty-five fortyfive (45) days after the end of the remittal period period. Said compensation shall be a sum equal to five three percent (53%) of Gross Receipts.
Appears in 1 contract
Samples: Contract Franchise
Compensation to the City. a. A one-time permit and license fee of $1,000.00 for each DAS Facility installed within the Public Right of Way of the City shall be paid by IdeaTek.
b. Franchise compensation shall be paid on a quarterly basis paid not later than forty-forty- five (45) days after the end of the remittal period equal to five percent (5%) of Gross Receipts.
c. Ideatek agrees to pay City all fees and charges set forth in this Article within thirty
Appears in 1 contract
Samples: Franchise Agreement
