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HomeMy WebLinkAbout24- Ordinance I ORDINANCE NO. 2 ORDINANCE OF THE CITY OF SAN BERNARDINO AMENDING MUNICIPAL CODE SECTION 14.08. 110 REGARDING THE TIME FOR PAYMENT OF FRANCHISE 3 FEES. 4 THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN BERNARDINO DO ORDAIN AS FOLLOWS: 5 SECTION 1 . San Bernardino Municipal Code S 14.08. 110(B) is 6 hereby amended to read as follows: 7 "B. Franchise fees are to be paid on or before the 31st day 8 of March for the preceding calendar year, unless 9 otherwise directed in the franchise agreement. " 10 SECTION 2. San Bernardino Municipal Code S 14.08.110(F) is 11 hereby amended to read as follows: 12 "F. In the event that an franchise y payment or recomputed 13 amount is not made on or before the dates specified in 14 the franchise agreement, or, if no date is specified in 15 the franchise agreement on or before March 31 of the 16 subsequent year, grantee shall pay as additional 17 compensation an interest charge, computed from such due 18 date, at the annual rate equal to the commercial prime 19 interest rate in effect upon the due date. " 20 21 22 23 24 25 26 27 28 1 ay I ORDINANCE AMENDING MUNICIPAL CODE SECTION 14.08. 110 REGARDING THE TIME FOR PAYMENT OF FRANCHISE FEES. 2 3 I HEREBY CERTIFY that the foregoing ordinance was duly 4 adopted by the Mayor and Common Council of the City of 5 San Bernardino at a meeting thereof, held on 6 the day of 1993, by the following vote, to wit: 7 Council Members: AYES NAYS ABSTAIN ABSENT 8 ESTRADA 9 REILLY 10 HERNANDEZ 11 MAUDSLEY 12 MINOR 13 POPE-LUDLAM 14 MILLER 15 16 City Clerk 17 The foregoing ordinance is hereby approved this day of 1993. 18 19 W. R. Holcomb, Mayor 20 City of San Bernardino 21 Approved as to form and legal content: 22 JAMES F. PENMAN, 23 City Attorney 24 By: ;e , 25 26 27 28 2