(A) As may be required in a franchise awarded hereunder, at the grantor’s sole option, within 60 days after the close of a grantee’s fiscal year, a grantee shall submit a written annual report to the grantor clerk, in a form approved by the grantor, including, but not limited to, such information specified within a franchise awarded subject to this chapter.
(B) Such information may include:
(1) A summary of the previous year’s (or, in the case of the initial report year, the initial year’s) activities in development of the telecommunications system, including, but not limited to, services begun or discontinued during the reporting year, and the number of subscribers or customers for each class of service;
(2) A financial statement certified by an officer of a grantee, including a statement of income, revenues, operating expenses, value of plant, annual capital expenditures, depreciation with an attached depreciation schedule, interest paid, taxes paid, balance sheets, and a statement of sources and application of funds;
(3) A current statement of costs of construction by component categories;
(4) A projected income statement and statement of projected construction for the next two years;
(5) A list of grantee’s officers, members of its board of directors, and other principals of a grantee;
(6) A list of stockholders or other equity investors holding 5% or more of the voting interest in a grantee and its parent, subsidiary, and affiliated corporations and other entities, if any; and/or
(7) To the extent that money, other than profits, is paid to a parent subsidiary, or other person affiliated with a grantee, the amounts of such payments and the basis for computation of such amounts (e.g., the basis for computing any management fees or share of home office overhead).
(2011 Code, § 14.04.020) Penalty, see § 114.999