HomeMy WebLinkAbout0131_0003bola violation Of the Provisions hereof, and if GRANTEE; shall
not eliminate, cure or obviate such failure or violation wiVhj,�i
ninety (90) days after such notice, this permit shall thereupon,
terminate or be forfeited.
'SECTION '9
The GRANTEE herein shall pay to the City of Georgetown,
Texas, as compensation for the rights and privileges enjoyed
hereunder, a sum equal to 3o .of its total gross receipts
received by GRANTEE from its customers within the City of
Georgetown, Texas, provided, however, that the amount of any
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Federal Excise Tax levied or assessed in respect to GRANTEE'S
operations shall be; excluded from its total gross receipts for
the purpose of calculating the permit fees herein provided.
Such.fe.e shall be paid annually and the payment thereof shall
be due on or before the 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 assessment or charges except ad valorem taxes. In
addition, GRANTEE shall pay to the City of Georgetown, Texas,
the sum of $2.S`O per year as rental for each light, power and/or
telephone pole owned by the City of Georgetown, Texas, to which
is attached electrical or other apparatus owned by GRANTEE.
The City of Georgetown, Texas, hereby agrees to accept such
payment as a fair and equitable rent for the use of said poles
and to allow GRANTEE to use any of the poles so owned by the
City Of Georgetown, Texas, so long as such use does not constitute
a hazard of any nature and does not interfere with the intended
use of said poles. such rental, shall be payable annually on or
before the first, day of January of each year for the preceding
year,
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