Any person desiring to operate a community antenna television system or television or radio transmission business under the provisions of this chapter shall make application therefor in writing to the Safety-Service Director. The application shall contain:
(a) The names and addresses of persons interested in such application, including all partners, if a partnership, and all officers, if a corporation.
(b) The proposed plan of construction and method of distribution of television and radio signals.
(c) A schedule of rates to be charged customers.
(d) A current profit and loss statement and balance sheet of the applicant's business, certified to by a certified public accountant.
(e) A statement indicating liability insurance coverage of not less than twenty-five thousand dollars ($25,000) as to any one accident, and not less than two hundred thousand dollars ($200,000) aggregate in any single policy year; and against liability due to bodily injury or to death of persons, not less than one hundred thousand dollars ($100,000) as to any one person, and not less than three hundred thousand dollars ($300,000) as to any one accident.
(f) A statement indicating ability to furnish a bond to the City in the sum of ten thousand dollars ($10,000) with sufficient sureties thereon guaranteeing payment of all sums which may at any time become due from the applicant to the City under the terms of the requested franchise and guaranteeing of faithful performance of all obligations of the applicant.
(g) A schedule of the amount proposed to be paid to the City by a percentage of the gross receipts from the monthly service charges of the first 1,000 subscribers; for the next 1,000 paying subscribers (subscribers 1,001 to 2,000); for the next 1,000 paying subscribers (subscribers 2,001 to 3,000); for the next 1,000 paying subscribers (subscribers 3,001 to 4,000); and for paying subscribers in excess of 4,000.
(Ord. 888. Passed 9-23-65.)