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HomeMy WebLinkAbout0005_4P 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,