San José Municipal Code § 15.36.850 Annual fee - Amount - Waiver.
15.36.850 - Annual fee - Amount - Waiver.
A. Any grantee granted a franchise pursuant to the provisions of this chapter shall pay to the city during the life of such franchise, and at the time specified in this part, a sum of money equal to thirteen percent of the total "gross annual receipts" as the term "gross annual receipts" is defined in Section 15.36.070, above, collected or received by the grantee, or in any manner gained or derived by the grantee in any calendar year or portion thereof from the properties, operations, and business for which the grantee has been granted a franchise under the provisions of this chapter. The first such payment shall be due and payable to the city within thirty days from and after the end of the first ninety days following the effective date of the ordinance granting the franchise, and thereafter payments shall be due and payable in accordance with the provisions of Section 15.36.870.
B. For any quarter or portion thereof, the city council may, by resolution, waive or reduce the amount of any police-generated tow franchise fee which has not accrued as of the date of the resolution. The foregoing waiver or reduction shall apply notwithstanding subsection A of this section, and shall be subject to any applicable laws.
(Ords. 20601, 20836, 22238, 22239.)
