[Adopted 9-1-1972 as Ch. 2, Sec. 2-7, of the 1972 Code]
A. 
There is hereby levied an annual inspection fee and service charge upon each and every person, firm and corporation operating a telephone exchange in the City, in an amount equal to 3% of the gross revenue for each current year for exchange telephone transmission service rendered wholly within the limits of the City, to compensate the City for the expense incurred and services rendered incident to the exercise of its police power, supervision, police regulation and police control of the construction of telephone lines and equipment in the City. Such inspection fee and charge shall be due and payable to the City on or before the first day of June of each year, and shall be paid into and appropriated and extended from the general revenue fund of the City.
[Amended 6-11-2013 by Ord. No. 9035]
B. 
During continued substantial compliance with the terms of this section, by the owner of any telephone exchange, the charge levied hereby shall be and continue to be in lieu of all concessions, charges, excise, franchise, license, privilege and permit fees or taxes or assessments, except ad valorem taxes; provided, however, that it is not intended hereby to extinguish or abrogate any existing arrangement whereby the City is permitted to use underground conduit, duct space or pole contacts of the telephone company for the fire alarm and police call systems of the City.