(A) Local Method of Record Retention. Council may, by ordinance or resolution, establish a method for record retention, disclosure and destruction that may be contrary to the laws of Ohio.
(B) Record Exemption. Notwithstanding any provision of the laws of Ohio, no record received, created, or maintained by the City related to any City owned or operated utility is required to be released as a public record when, disclosing such record would more likely than not provide or create a competitive disadvantage to any of the City's owned or operated utilities or be of economic value to a competitor or a person other than the City.