(A) No franchise will be granted or renewed unless all requirements of this chapter and applicable federal law regarding financial, contractual, shareholder and system disclosure have been met.
(B) Applicants, including shareholders and parties with a controlling interest in the applicant, shall provide access to all agreements and understandings, with any person, firm, group, association or corporation with respect to the ownership of this franchise and the proposed cable television system. This section shall include, but not be limited to, any agreements between local applicants and national companies with respect to the ownership of this franchise.
(C) Applicants, including shareholders and parties with a controlling interest in the applicant, shall submit all requested information as provided by the terms of this chapter or the application documents, which are incorporated herein by reference. The requested information must be complete and verified as true by the applicant.
(D) Applicants, including shareholders and parties with a controlling interest in the applicant, shall provide access to the numbers of shares of stock, and the holders thereof.
(E) Applicants, including all shareholders and parties with a controlling interest in the applicant, shall disclose any information required by the application documents regarding other cable systems in which they hold an interest of any nature, including, but not limited to the following:
(1) Locations of all other franchises and the dates of the award for each location;
(2) Estimated construction costs and estimated completion dates for each system where construction is incomplete as of the date of application;
(3) Estimated number of miles of construction and number of miles completed in each system as of the date of this application.
(4) Date for completion of construction as promised in the application for each system.
(F) Applicants, including shareholders and parties with a controlling interest in the applicant, shall disclose any information required by the application documents regarding pending applications for other cable systems, including but not limited to the following:
(1) Location of other franchise applications and date of application for each system;
(2) Estimated dates of franchise awards;
(3) Estimated number of miles of construction; and
(4) Estimated construction costs.
(Ord. 1999-13, passed 11-8-99)