§ A181-5. Franchise fee.

Latest version.

A.
Pursuant to the terms and conditions of the Act, the company shall, during each year of operation under the consent granted herein, pay to the municipality 2% of the gross revenues from all recurring charges in the nature of subscription fees paid by subscribers for cable television reception service in the municipality or any higher amount permitted by the Act or otherwise allowable by law, whichever is greater.

B.
Comcast shall report gross revenues in accordance with regulations set forth by the Board of Public Utilities. Comcast agrees that such information will be available to the Township from the Board of Public Utilities upon request.

                    
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