In consideration of the rights, privileges, and franchise hereby granted, said grantee, CenturyLink QC, its successors and assigns, shall pay to the City of Millersburg from and after the effective date of this franchise, and until its expiration, seven percent per annum of its gross revenues derived from exchange access services, as defined in ORS 401.710, within the corporate limits of the City of Millersburg, less net uncollectibles. For the year 1995, payment of said five percent shall be made only for the period from January 1, 1995 to, but not including the effective date of this agreement, and payment of said seven percent shall be made for the period from and including the effective date of this agreement to December 31, 1995. Also for the year 1995, the first and second quarter payments shall be made together on or before July 31, 1995. Should State law change pertaining to the amount of franchise fees for access to the right-of-way that the City would be entitled to receive, the City may increase said franchise fees to this greater amount.

Payment of this franchise fee shall be made quarterly on or before April 30th, July 31st, October 31st, and January 31st for the calendar quarter immediately preceding. Such payment made by the grantee will be accepted by the City of Millersburg from the grantee, also in payment of any license, privilege or occupation tax or fee for revenue or regulation, or any permit or inspection fees for street openings, installations, construction or for any other purpose now or hereafter to be imposed by the City of Millersburg upon the grantee during the term of this franchise. (Ord. 163 Exh. A, passed 10-10-2019; Ord. 86 § 6, passed 6-13-1995)