eLaws | eCases | North Carolina Administrative Code | North Carolina Courts | Counties & Cities of North Carolina | Code of Federal Regulations | United States Code |
 Brunswick County
 Code of Ordinances
 Appendix C. FRANCHISES
 Article IV. CTVS, INC.

  § 4. Fees.  

Latest version.

  • (a)

    On or before the 30th day of January of each year, CTVS shall pay to the county a franchise fee of three (3) percent of CTVS's gross subscriber revenues during the preceding calendar year from cable television operations within the county. Nothing contained herein shall prevent county from waiving payment of all or any part of the franchise fee.

    (b)

    Within thirty (30) days of the end of each calendar year during the franchise term, CTVS shall file with county a statement of CTVS's subscriber revenues, as described and defined above, within the county during the preceding year. Said statement shall be verified by the chief financial officer of CTVS and confirmed by an independent certified public accountant. Within ninety (90) days after the expiration of each fiscal year of CTVS during the franchise term, CTVS shall file with the county an annual report showing the gross subscriber revenues from cable television operations within the county during the fiscal year and the payments made to the county during that year. CTVS will also submit to the county, promptly upon receipt, a copy each of every complaint (in each civil action) filed against it, and a copy each of all letters to and from the Federal Communications Commission and the Securities Exchange Commission.

    (c)

    In the event CTVS's franchise should be terminated or forfeited for any reason prior to the end of the term provided for herein, CTVS shall immediately submit to county a statement of the gross subscriber revenues from cable television operation during the time elapsed since the end of the last calendar year for which a franchise fee was paid to the county by CTVS not later than thirty (30) days following the termination of the franchise, CTVS shall pay to the county three (3) percent of such revenues together with any other sums legally due and owing to the county.

    (d)

    The county shall have the right to inspect CTVS's records from which the payments hereunder are computed and shall have the right to audit and recompute the amount of such payments. Acceptance of payments by the county shall not be construed as a release, accord or satisfying of any claim the county may have for further or additional sums payable hereunder or for any other performance or obligations required of grantee.