2.26.050 Telecommunications nonreverting fund--Uses.

Sixty percent of cable franchise fees shall be dedicated for audio-visual and information technology, and public, education, and government access/telecommunications services (hereinafter known as telecommunications services) and forty percent of cable franchise fees shall be dedicated for audio-visual and information technology, and for the planning, design, development, construction, maintenance, and repair of the city’s telecommunications infrastructure (hereinafter known as telecommunications infrastructure). In addition to the forty percent of the cable franchise fees dedicated for telecommunications infrastructure, all monies received by the city from the sale, lease, operation or other use of its telecommunications infrastructure shall also be dedicated for this purpose up to the amount specified in Section 2.26.040. (Ord. 04-24 § 2 (part), 2004).