A.
During the term of each franchise, each franchisee shall pay to the county an amount equal to five percent per year of the franchisee's annual gross revenue.
B.
The fees shall be paid quarterly not later than August 1st, November 1st, February 1st and May 1st for the preceding three-month period ending, respectively, June 30th, September 30th, December 31st and March 31st. Not later than the date of each payment, each franchisee shall file with the auditor/controller of the county and the designated representative of the board a written statement signed under penalty of perjury by an officer of the franchisee which identifies in detail the sources and amount of gross revenues received by a franchisee during the quarter for which payment is made.
C.
No acceptance of any payment shall be construed as an accord that the amount paid is, in fact, the correct amount, nor shall such acceptance of payment be construed as a release of any claim which the county may have for further or additional sums payable under the provisions of this section.
(Ord. CS 442 §1, 1991)