(A) No later than 90 days after the end of its fiscal year, a franchisee shall file a written report with the Village Clerk, which shall include:
(1) An annual financial report from the previous year;
(2) An ownership report, indicating all persons who at any time during the preceding year did control or benefit from an interest in the franchise of 10% or more;
(3) A list of key employees of the franchisee;
(4) Such other information as the Village Board may reasonably direct; and/or
(5) To the extent there has been no change since the preceding annual report, that fact may be noted in lieu of an additional report.
(B) The franchisee shall submit to the Village Clerk the results of any opinion survey conducted, within 30 days of completion of the survey.
(C) Franchisees shall deliver the following special reports to the Village Clerk.
(1) The franchisee shall submit quarterly construction reports for any construction that may be specified in the franchise.
(2) Copies of any notice of deficiency, forfeiture or other document issued by any state or federal agency instituting any investigation or civil or criminal proceeding regarding the cable system, the franchisee, or any affiliate of the franchisee, to the extent the same may affect or bear on operations in the village. This material shall be submitted to the Village Clerk at the time it is filed or within 30 days of the date it is received.
(3) Copies of any request for protection under bankruptcy laws or any judgment related to a declaration of bankruptcy by the franchisee or by any person that owns or controls the franchisee directly or indirectly. This material shall be submitted to the Village Clerk at the time it is filed or within 30 days of the date it is received.
(4) Technical tests required by the village as specified in this code and the franchise agreement shall be submitted to the Village Clerk within 30 days after completion of the tests.
(5) A franchisee shall keep on file with the Village Clerk its current schedule of charges.
(D) Each franchisee shall prepare and furnish to the Village Clerk, at the time and in the form prescribed by the Village Board, reports with respect to its operation, affairs, transactions or property, as may be reasonably necessary or appropriate to the performance of any of the rights, functions or duties of the village in connection with this code.
(`92 Code, § 8-1-75) (Ord. 96-19, passed 10-2-96)