The City reserves the right to fix fair and reasonable compensation for the rights granted pursuant to a right-of-way use permit or franchise; provided, however, that the compensation required from any telecommunications provider or carrier engaged in the “telephone business,” as defined in RCW 82.04.065, shall be consistent with RCW 35.21.860. [Ord. 3287 § 1, 1998; Code 1970 § 15.80.040.]