Section 5.35.200 Franchise fees and taxes.

This ordinance and the franchise agreement is subject to the Utah Municipal Telecommunications License Tax Act Title 10, Chapter 1, Sections 401 through 410, Utah Code Annotated, 1953 as amended enrolled at the time this agreement is signed or as may be amended (the “Telecommunications License Tax Act”). Franchisee shall pay the City’s municipal telecommunications license tax on such communications services that are subject to, and at the rate established in, the Telecommunications License Tax Act from time to time. Franchisee shall pay the City’s municipal telecommunications license tax at the rate of 3.5% of the gross receipts from telecommunications service attributed to the municipality or such higher rate as may be allowed by State law. Said tax shall be paid through the Utah State Tax Commission.

The City shall have access to any and all of the Franchisee’s business records upon reasonable notice for the purpose of auditing compliance with the above tax provisions.