Pursuant to Federal law, a franchisee shall be subject to penalties and forfeitures, and its request for approval of a rate may be denied, if it:
(a) Knowingly submits false or fraudulent information to the City in connection with any rate proceeding;
(b) Fails to comply with any lawful order or request of the City, including, but not limited to, a request for information or an order setting rates; or
(c) Evades or attempts to evade Federal or local rate regulation, provided that filing for approval of a rate that is later determined to be unreasonable is not in and of itself an evasion of Federal or local rate regulation.
(Ord. 137-94. Passed 7-11-94.)