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<br />Section 13. Payment to City. <br /> <br />As compensation for the privilege granted herein to the grantee for the use of the <br /> <br />streets of the city, the grantee, in addition to any other charges made by this ordinance, <br /> <br />shall pay to the city the sum of $ <br /> <br />upon the acceptance by the grantee <br /> <br />f the award of this franchise and shall, in addition to the other obligations imposed under <br /> <br />this franchise and in lieu of any other permit charge, pay to the city each year an amount <br /> <br />equal to <br /> <br />% of the first $100 ,000 annual gross revenue received and <br /> <br />% <br /> <br />in excess of $100,000 annual gross revenue. Such fee shall be paid not later than sixty <br /> <br />days following the first day of commencement of the grantee's fiscal year for the period <br /> <br />between the date of grant of this franchise and said first day, and thereafter not later than <br /> <br />sixty days after the last day of the grantee's fiscal year as to the gross revenue received <br /> <br />within the preceding completed fiscal year. Upon acceptance of a franchise granted by <br /> <br />this ordinance, the grantee shall notify the clerk of the council of the fiscal year period <br /> <br />of the grantee. <br /> <br />Section 14. Taxes. <br /> <br />Nothing in this ordinance shall be construed to prevent the grantor from levying <br /> <br />any lawful tax on the properties of the said grantee or from levying any lawful business tax <br /> <br />on the said grantee for the privilege of doing business within the city. <br /> <br />- 11 - <br />