Common use of Franchise Fee Clause in Contracts

Franchise Fee. To compensate the County for the cost of administration, supervision and inspection rendered for the effective performance of this Agreement, as well as other costs related to the Collection of Solid Waste and Recycling, the Contractor shall pay to the County a fee of four percent (4%) of the total of all charges invoiced, whether collected or not, arising out of any services or operations conducted in the Service Area pursuant to this Agreement except charges for Commercial Disposal Cost, and Advance Disposal Fees as defined by County Ordinance 07-25. A statement reporting invoiced amounts for services provided under this Agreement shall be prepared by the Contractor in accordance with Generally Accepted Accounting Principles for each month. This monthly statement shall be submitted no later than thirty days following the last day of the reporting month, and shall be in the format shown in Exhibit VI, or as may be revised by the Department. Solid Waste disposal costs paid by the Contractor to the County under this Agreement shall be deducted from the gross invoiced charges total prior to applying the four (4)% for calculation of the franchise fee owed to the County. Franchise fees shall be payable within thirty (30) days after receiving the County’s invoice for such fees. A late charge of 1% of the amount due for the Franchise fee may be calculated monthly until payment is received. For Service Area Two (2), two separate statements shall be required, one for the unincorporated areas of Lee County, and a second for the Village of Estero for invoiced amounts arising from the services and operations conducted within each boundary.

Franchise Fee. To compensate the County for the cost of administration, supervision and inspection rendered for the effective performance of this Agreement, as well as other costs related to the Collection of Solid Waste and Recycling, the Contractor shall pay to the County a fee of four percent (4%) of the total of all charges invoiced, whether collected or not, arising out of any services or operations conducted in the Service Area pursuant to this Agreement except charges for Commercial Disposal Cost, and Advance Disposal Fees as defined by County Ordinance 07-25. A statement reporting invoiced amounts for services provided under this Agreement shall be prepared by the Contractor in accordance with Generally Accepted Accounting Principles for each month. This monthly statement shall be submitted no later than thirty days following the last day of the reporting month, and shall be in the format shown in Exhibit VI, or as may be revised by the Department. Solid Waste disposal costs paid by the Contractor to the County under this Agreement shall be deducted from the gross invoiced charges total prior to applying the four percent (4)% 4%) for calculation of the franchise fee owed to the County. Franchise fees shall be payable within thirty (30) days after receiving the County’s invoice for such fees. A late charge of 1% of the amount due for the Franchise fee may be calculated monthly until payment is received. For Service Area Two One (21), two the monthly Franchise Fees in the amount of four percent (4%) will be reported in three (3) separate statements shall be required, statements; one for the unincorporated incorporated area of the Town of Ft. ▇▇▇▇▇ Beach,one for the incorporated area of the City of ▇▇▇▇▇▇ Springs, and one for the incorportated areas of Lee County, and a second for the Village of Estero Estero, for invoiced amounts arising from the services and operations conducted within each boundary.