A. Unless prohibited by applicable law, each application for new franchise; the renewal of an existing franchise; any sale, assignment, merger, transfer or change of control; or any request for modification of or any other relief from the duties and obligations of a franchise shall be accompanied by a nonrefundable minimum filing fee of $5,000.

B. Unless prohibited by applicable law, where the city’s actual out-of-pocket costs in considering the application exceed the $5,000 minimum application filing fee, such costs shall be paid by the applicant. The city will bill for out-of-pocket costs on a quarterly basis with payment terms of 30 calendar days. If invoices are not paid within the 30 days, the applicant shall be charged and shall pay interest at the rate of 12 percent per annum of the amount of the unpaid or underpaid costs; provided, however, that such rate does not exceed the maximum amount allowed under applicable law. The invoice will provide the method of calculation, documentation and total amounts due less the original credit of the $5,000 filing fee. The city will submit the final invoice within 30 calendar days from the date of the approval or denial of the franchise by the city council. (Ord. 5532 § 2, 2004.)