A. Any state video franchise holder ("State Franchisee") operating within the boundaries of the City shall pay a fee to the City equal to five percent (5%) of the Gross Revenue of that State Franchisee.

B. Any State Franchisee operating within the boundaries of the City shall pay an additional fee to the City equal to one percent (1%) of the Gross Revenue of that State Franchisee, which fee shall be used by the City for PEG purposes consistent with state and federal law.

C. Gross Revenue, for the purposes of (a) and (b) above, shall have the definition set forth in California Public Utilities Code § 5860. (Ord. 7014-NS § 2, 2008)