Section 6456 Of Chapter 3. Resettlement Of Street, Suburban, And Interurban Railroad Franchises From California Public Utilities Code >> Division 3. >> Chapter 3.

. The grantee shall pay to the city or city and county such a percentage of the net revenue annually collected from any and all sources under and by virtue of the franchise, permit, or privilege as is fixed in the franchise. What constitutes such annual net revenue shall be provided in the franchise.