A. As part of the consideration for the granting of each franchise, the grantee shall agree to pay the purchase price, if any, for said franchise as set forth in the franchise, and to make the franchise payment, if any such payment shall have been fixed by the council, and the grantee shall also agree to perform all covenants and agreements set out in said franchise to be performed by the grantee.

B. The City Council shall have the right to recognize that extensions of service, betterment of services, surrendering of existing franchises or parts thereof, settling litigation between the grantee and the City, or the performance by grantee of franchise obligations, may be considerations (other than the franchise payment) of benefit to the City and its inhabitants, and in determining the amount of adequate consideration for the franchise or the amount of franchise payment, if any, to be paid by a grantee, the City Council shall have the right to give weight to such factors.

C. Where the City Council has fixed a percentage of gross receipts to be paid for the exercise of grantee’s franchise, and where the operations of the grantee extend beyond the territorial boundaries of the City, the City Council shall have the right to allocate such percentage payments so that such grantee shall pay only for its operations, for which a franchise is required, within the City. (Ord. 6517-NS § 1, 1999)