(A) A franchisee shall prepare and furnish to the town, at the times and in the form prescribed by the Town Administrator/Town Clerk or Board of Alderpersons, the reports with respect to its operation, affairs, transactions or property as may be reasonably necessary or appropriate to the performance of any of the functions of the town in connection with this chapter.
(Prior Code, § 4.1-27)
(B) The following reports must be filed with the Town Administrator/Town Clerk when the specified event occurs:
(1) Any instrument of change in or transfer of an interest in the franchisee or its assets or franchise;
(2) Any change in or addition to the directors or officers of the franchisee;
(3) Any contract or transaction with an affiliated company, respecting the cable system, together with full particulars and a copy of any written agreement or a written summary of any verbal agreement; and
(4) Any changes in the franchisee’s rules and regulations governing the conduct of its business.
(Prior Code, § 4.1-28)
(C) The franchisee shall file with the Town Administrator/Town Clerk on a quarterly basis:
(1) Construction progress reports until the system is complete;
(2) Quarterly financial reports as required in § 110.061; and
(3) Complete, unaudited financial statements, including operating statements, source and application of funds and balance sheets for the quarterly accounting period then ended, within 30 days of the end of each period.
(Prior Code, § 4.1-29)
(D) The following reports shall be filed by the franchisee with the Town Administrator/Town Clerk annually, no later than February 1, except where otherwise provided:
(1) A summary of complaints received during the preceding calendar year, showing the nature of each complaint, area of the town, disposition and complaints subsequent to disposition;
(2) A total facilities report together with a current system map, showing the location and total miles of plant and equipment installed and/or operating at the close of the preceding calendar year;
(3) A map of the system;
(4) One copy of each type of agreement currently offered to subscribers and to users;
(5) A complete set of current rules and regulations of the operator, incorporating the latest amendments filed with the Town Administrator/Town Clerk;
(6) A complete financial audit statement, including a statement of income, to be certified by a public accountant, to be submitted no later than August 15 for the preceding fiscal year ending June 30; and
(7) Reports on other topics as the Board of Alderpersons may direct.
(Prior Code, § 4.1-30) (Ord. passed 9-19-1979)