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be a violatwo, of the rrovisions hereof, and if C'.t/l\'TEE shall
not el17ei 1),Lte, cure or obviate such .ra." ure or violation • withiki
ninety (90) cMys after such n,,tice, this permit shall thereupon
terminate or, be forf.cited.
The (1JXT1,:E herein sl;all ray to the City of. Georgetown,
'o."gigs, ,IS �)mpcnsat:ic!! dor the ri!•'its Lind pri.vilc-es enjoyed
hereunder, a sum ec,u: to 30- of its total gross receipts
received by GRANTEE frc-n its customers within the City of
Ceorgetown, Texas, pr.ov:`.dc,', however, that the amount of any
federal Excise Tax levlcd or assessed in respect to CR1lNTEPS
operations sliall be exclude,' from its total gross receipts for
tine purpose of calculating the perm?- Fees herein provided.
Such fee shall b-., paid annually and the payment thereof shall
be due on or before th,.- first day of January of each year for
the preceding year. Payment of the fees herein Provided shall
be in lieu of :any other tax or increased rate of.tax, or other
imposed as--,;rlent of CxCep, All valorem taxes. In
ac'.dition, G''.!\\TFE-= shell pay to the City of Georgetown, Texas,
the stun of $2.50 rer yc r as rental for each light, rower ane.'/or
telephone pole owned ` tie City of Georgetown, Texas, to which
is
attaches'.
electrical
-r apparatus owned
by GRANTEE.
Titc
City of
Ccorgetown,
here')y agrees to
accept such
payment as a `air and equitable rent for the use of said poles
a!ld to allow (,PANTT;' to ,,.se any of the poles so owned by the
City of Georgetown, ^.'cx:Is, so long as such use does not constitute
a hazard of and does not interfere wi*'• the intended
use of said poles. Si!ch rental, shall be payable annually on or
before the first day of January of each year for the preceding
yeaz,