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<br />to less than twelve hundred dollars, grantee agrees to <br />pay to the city the minimum amount of twelve hundred dollars <br />as his annual franchise fee. <br />liThe City shall have the right to examine grantee's <br />books and records to determine gross receipts. II <br />SECTION 2. This ordinance shall be effective 30 days after <br />its adoption. <br /> <br />* <br /> <br />* <br /> <br />* <br /> <br />-2- <br />