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005 of 2010 - telecommunications right of way permit late payment penalty and interest 0 10-1 0 03-17 Ordinance No. 5 of 2010 (Telecommunications Right of Way Permit Late Payment Penalty and Interest) An ordinance amending Section14.32.425, Subsection D, Salt Lake City Code, relating to the imposition of penalties and interest for non-payment of telecommunications right of way rental fees. WHEREAS, the City charges an annual rental fee for a permit allowing the placement and maintenance of telecommunications facilities within the City-owned right of way; and WHEREAS, the Ordinance setting forth the rental fee does not currently impose any penalty or interest for late or non-payment; and WHEREAS, after a public hearing on this matter the City Council has deteiinined that the following amendment is in the City's best interests, NOW, THEREFORE, be it ordained by the City Council of Salt Lake City, Utah: SECTION 1. That Section 14.32.425, Subsection D, Salt Lake City Code, pertaining to telecommunications right of way permit rental fees be, and the same hereby is, amended to read as follows: D. Annual Charge Imposed: There is hereby imposed and assessed upon: 1) each conduit owner, 2) each owner of cable which is not situated within a conduit, and 3) each person authorized to use a cable under the circumstances described in subsection F of this section, as a rental payment and compensation to the city for such owner's use of a portion of the right of way, an annual charge equal to the greater of: 1) the linear foot charge or 2) the minimum charge. The charge hereby imposed and assessed shall be effective on and after July 1, 2004; provided that the charge may not apply to certain 1 owners, or with respect to certain conduits or cables, until a later date, as provided herein. Such charge shall be payable on a calendar year basis; provided that: 1) the charge payable July 1, 2004, shall be prorated over the remaining six (6) months of calendar year 2004, and 2) the charge shall be prorated on a monthly basis for new construction effective the date of commencement of construction, and otherwise for owners effective as of and including the month in which the charge becomes effective as to such owners or such owners' conduit or cable. Any rental payments paid by an owner to the city under an existing agreement shall be prorated over calendar year 2004, and applied as a credit against the charge hereby imposed on such owner. Payments under this subsection D shall be paid to the city by January 31st each year. If payment is not received by January 31st, a penalty is imposed equal to 10% of the amount due. In addition, for each calendar month that a payment is late, compound interest equal to 2% per month will accrue. SECTION 2. This ordinance shall take effect on 7_12 , 2010. 2 Passed by the City Council of Salt Lake City, Utah this 2 day of February , 2010. • CHAIRP RSON ATTEST: ,,,,,--- --4 ...... ' 1 Ei -i,a:•iirtl-,7:r ? 5' /2=-2-09 I Y CO ER ',•,,I *,,,..,.7iv,a4:5.41,# v,\,....„,„_. _,, _ . ,_. ...„ •.,.,„,,,_ •,‘„,,,,-,- ;;‘,,,,,e.,,7--?2,7 . ;;,- Transmitted to Mayor on February 2, 2010-----' Mayor's Action: )( Approved. Vetoed. g iff RS i 0 il MAYO' ATTEST: ITY E ORDER .cD/ tomiof 2010. ' ----.• 2-12-10 . HB_ATTY-#10820-v 1-Ordinance Amending_Telecom Late Payment_Penalty_(Legislative_Version).DOC 3